The latest research report on the Aluminum Casting Market
The global aluminum casting market was valued at USD 48.05 billion in 2018 and is projected to reach a value of USD 97.87 billion by 2026, registering a CAGR of 9.3% during the forecast period, 2019–2026.
Global Aluminum Casting Market Report (Industry Analysis, Applications, Growth, Trends) and Future Forecast (2016-2026) is the latest report published by Straits Research which is committed to delivering details of the Aluminum Casting industry.
Straits Research offers a high level of accuracy, an in-depth valuation, and systematic research methodology to the reader that helped to collect the info from direct as well as indirect sources. Forecasting patterns were considered across the various regions where the Aluminum Casting industry is growing steadily. The report has taken a deep dive into the market and has extracted the data from secondary and primary sources.
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In the automotive industry, aluminum casting is important, especially in reference to light metal body construction. Aluminum casting is now widely used in various applications; for instance, in the aerospace industry. Increasing demand for lightweight vehicles and new construction around the globe, due to rapid urbanization and industrialization are some of the key factors boosting the growth of the aluminum casting market.
In the automotive sector, the demand for high-end cars with strong and resistant bodies has necessitated the use of effective aluminum casting. Furthermore, the light weight of aluminum casting helps manufacturers during the production process, which has also popularized aluminum casting across the world. Thus, advancements in the automotive sector are expected to propel the growth of the aluminum casting market.
Some of the prominent players in the aluminum casting market are Olson Aluminum Casting (U.S.), Rajeshi Industries (India), Turner Aluminum Casting Ltd (U.K.), Endurance Technologies Limited (India), Lotrobe Foundry Machine & Supply Company (U.S.), Circlr Gear & machine Company Inc. (U.S.), BrandonIndustries (U.S.), Samco Sales, Inc. (U.S.), P&H Metal Products Corp. (U.S.), CenTec Cast Metal Products (U.S.), Ultraray Radiation Protection (U.S.), Air/Flex Industries (U.S.), AFT Fastners (U.S.), Congress Drives (U.S.), Galvotec (U.S.), American Metal & Rubber, Inc. (U.S.), and MADDI Group Inc. (Canada).
The Aluminum Casting Market is segmented into different sections such as by type, by application, by end users, and by regions. The report about the Aluminum Casting industry covered the markets by analyzing the top players participating in the market. To make this report an exceptional one, several parameters are models are used which include SWOT analysis, Porters five force model, and pestle analysis.
Development in technology and innovations have created an educated workforce which ultimately witnessed in increasing per capita income and this particular factor has positively impacted on the growth of the Aluminum Casting market since the past few years.
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By Process, Die Casting, Permanent Mold Casting, Sand Casting,
By Applications, Passenger Cars, Commercial Vehicles, Transportation, Industrial, Consumer Products, Aerospace
The competitive landscape:
The competitive landscape of the Aluminum Casting market is a highly crucial section of the report that creates a firm portrait of the market’s key players and their rivalries. A reader can evaluate their position in the market by using this scale of reference, while extensively planning their future movements to counter the movements of the other players in the same areas. This segment provides updated details on companies profiles, business strategies, financial statistics, growth rate and the future scenario for the key leading players in the market, along with the ones that indicate the most positive growth rates.
Why purchase this report?
- Historical inferences, findings & analysis of the Aluminum Casting market from 2016 to 2018
- Projections and performance forecast analysis for the future from 2019 to 2026
- Production and consumption point of view (POV) analysis
- Aluminum Casting Market drivers, restraint and opportunity analysis, to define Aluminum Casting market dynamics covering industry, regulatory, innovation, technological & pricing trends
- Comprehensive competitive landscape mapping with recent development covering market leadership, competency, sustainability, and prospects
In the end, this report discusses the key drivers influencing the market growth, opportunities, challenges and the risks faced by key players and the Aluminum Casting market as a whole. Additionally, It analyzes the emerging trends and their impact on present and future market statistics and development.
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