Europe Aluminum Casting Market Size, Market Industry Analysis Size, Market Size, Share, Trends, Growth, and Opportunities Forecast to 2027


Posted August 3, 2021 by leonfrancis

Europe Aluminum Casting Market By Process (Expendable Mold Casting and Non-Expendable Mold Casting), By Source (Primary (Fresh Aluminum) and Secondary (Recycled Aluminum)

 
Europe Aluminum Casting Market By Process (Expendable Mold Casting and Non-Expendable Mold Casting), By Source (Primary (Fresh Aluminum) and Secondary (Recycled Aluminum), By Application (Intake Manifolds, Oil Pan Housings, Structural Parts, Chassis Parts, Cylinder Heads, Engine Blocks, Transmissions, Wheels & Brakes, Heat Transfers and Others), By End-User (Automotive, Building And Construction, Industrial, Household Appliances, Aerospace, Electronic And Electrical, Engineering Tools and Others), Country (Germany, France, U.K., Italy, Russia, Spain, Switzerland, Belgium, Netherlands, Turkey, Rest of Europe), Market Trends and Forecast to 2027Aluminum casting market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing at a CAGR of 7.2% in the forecast period of 2020 to 2027 and expected to reach USD 24,673.71 million by 2027. Growing investment in automobile industry adopts the utilization of aluminum casting products are the factors for the market growth. In Europe region majorly Germany and France are dominating due to increasing number of aircrafts made by lightweight materials.

This aluminum casting market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

Europe Aluminum Casting Market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The Below data points provided are only related to the companies’ focus related to Europe aluminum casting market.

Europe Aluminum Casting Market Scope and Market Size:
Europe aluminum casting market is segmented on the basis process, source, application and end-user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets. On the basis of process, the market is segmented into expendable mold casting and non-expendable mold casting. In Europe, the non-expendable mold casting segment is increasing in the Germany region because the maximum car parts which are produced such as engine blocks or structural parts have been manufactured majorly through the high pressure die casting process.
On the basis of source, the market is segmented into primary (fresh aluminum) and secondary (recycled aluminum). In Europe, the country like the Germany have low rates of recycling because of the inadequate initiatives by government to support recycling process in these countries and that is the reason why the region is focusing towards the fresh aluminum to manufacture the products. On the basis of application, the market is segmented into intake manifolds, oil pan housings, structural parts, chassis parts, cylinder heads, engine blocks, transmissions, wheels & brakes, heat transfers and others. In Europe, the demand for brakes has been increased inspite of the fact that the bumpers are not used very frequently. Also, road clearance is very low as compared to the North American countries and it is the reason the demand of wheels and brakes has been increased in the European countries. Therefore different types of wheels are used for different types of vehicles which helped to boost the demand of wheels and brakes in the market and which further increases the demand of aluminum casting products in the market. Thus the demand of wheels and brakes has been increasing in the Germany market which further creates the opportunity for the aluminum casting market to grow and expand in the region. On the basis of end-user, the market is segmented into automotive, building and construction, industrial, household appliances, aerospace, electronics and electrical, engineering tools and others. In Europe, the demand of vehicles has been increased in the countries like the Germany and France. The European country use latest techniques to manufacture automobile which has boosted the demand of automobile sector in the region.
The major players covered in the report are Alcoa Corporation, Endurance Technologies Limited, Ryobi Limited, DyCast Specialties Corporation, Consolidated Metco, Inc., Alcast Technologies, Ningbo Beilun Create Mould Machine Co., Ltd, Leggett & Platt, Incorporated, Martinrea Honsel Germany GmbH, GIBBS, Dynacast, Reliance Foundry Co. Ltd., Toyota Industries Corporation, LA Aluminum, TPi Arcade, Drahtwerk Elisental W. Erdmann GmbH & Co., Wagstaff Inc., Ningbo Innovaw Mechanical CO LTD., Modern Aluminum Castings CO., INC. and Pacific Die Casting Corp. among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Europe Aluminum Casting Market Country Level Analysis:
Europe market is analyzed and market size information is provided by country, process, source, application and end-user as referenced above. The countries covered in the aluminum casting market report are Germany, France, U.K., Italy, Russia, Spain, Switzerland, Belgium, Netherlands, Turkey, and Rest of Europe in Europe. Europe aluminum casting is growing due to increasing number of aircrafts made by lightweight materials.

Europe Aluminum Casting Market, By Process:
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of European brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Growth in the Automobile Industry:
Europe aluminum casting market also provides you with detailed market analysis for every country growth in installed base of different kind of products for aluminum casting market, impact of technology using life line curves and changes in infant formula regulatory scenarios and their impact on the aluminum casting market. The data is available for historic period 2010 to 2018.

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The key questions answered in this report:
What will be the Market Size and Growth Rate in the forecast year?
What is the Key Factors driving Laser Europe Aluminum Casting Market?
What are the Risks and Challenges in front of the market?
Who are the Key Vendors in Europe Aluminum Casting Market?
What are the Trending Factors influencing the market shares?
What is the Key Outcomes of Porter’s five forces model

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Last Updated August 3, 2021