In the Crucible: Global Insights into Metal Casting - An Analysis and Forecast for 2023-2029


Posted November 25, 2023 by shubhammmr

Cast iron is a metal alloy made up of silicon, carbon, manganese, sulphur, and phosphorus that has a wide range of applications.

 
Metal Casting Market Overview

The market overview of the Metal Casting Market focuses on the specific market characteristics, including elements like industry competition. Comprehensive market revenue predictions are provided for the global, regional, segment, and national levels in the report. The report's sales projections for each region and industry is one of its primary highlights.

Metal Casting Market size was valued at US$ 35.46 Bn. in 2022 and the total revenue is expected to grow at 18.9 % through 2023 to 2029, Metal Casting Market is reaching nearly US$ 119.15 Bn. by 2029.

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Metal Casting Market Report Scope and Research Methodology

The study methodology used a mix of primary and secondary research techniques to compile market data. The primary research techniques, such as questionnaires, interviews, and market observations, would have given the researchers access to first-hand market data, which is usually beneficial. The researchers might have gathered background knowledge and market data by using secondary research techniques including industry studies, business websites, and news articles.

The study examines the Metal Casting Market through a market-focused and commercial analysis that takes into account the market's revenue, financial situation, portfolio, technical advancements, and mergers and acquisitions. This strategy aids in giving a complete picture of the market, which stakeholders, investors, and market participants may use to create investment strategies and marketing strategies.

Metal Casting Market Regional Insights

The report offers an in-depth analysis of the factors influencing growth, limitations, future prospects, and competition within the industry across all regions. The market is classified by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report also provides a comprehensive overview of the leading countries in each region, along with their respective market forecasts.

Metal Casting Market Segmentation:

by Process

Gravity Casting
High-Pressure Die Casting (HPDC)
Low-Pressure Die Casting (LPDC)
Sand Casting


by Material Type

Aluminium
Cast iron
Magnesium
Zinc
Others


by Vehicle Type

BEV
HEV
PHEV


by Application

Automotive & transportation
Industrial
Building & construction
Others

The market is divided into four sub-sectors: building and construction, automotive and transportation, industrial, and others. The vehicle and transportation segment is anticipated to expand at a compound annual growth rate (CAGR) of 5.4% in 2022. The world's car manufacturing has been gradually but steadily increasing over the past few years. As per the International Organization of Motor Vehicle Manufacturers, there was a 2.5 percent increase in global automotive output in 2022. Automakers and market vendors will continue to place a high value on the use of aluminum in lightening vehicles.

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Metal Casting Market Key Players :

1. Nemak
2. Ryobi Limited
3. GF Automotive
4. Rheinmetall Automotive
5. Ahresty Corporation
6. Dynacast
7. Endurance
8. Mino Industrial
9. Aisin Automotive Casting
10. Gibbs Die Casting
11. Georg Fischer Ltd
12. Precision Castparts Corp
13. Alcast Technologies
14. FORCEBEYOND
15. Reliance Foundry Co. Ltd

Key questions answered in the Automotive Relay Market are:

What is Metal Casting?
What are the recent industry trends that can be implemented to generate additional revenue streams for Metal Casting Market?
Which factors are the lucrative opportunities for the Metal Casting market growth?
How is the intervention from regulatory authority is shaping the Metal Casting Market?
What growth strategies are the players considering to increase their presence in Metal Casting Market?
Who held the largest market share in Metal Casting Market?
What is the Metal Casting market size of the dominating region?
Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2022−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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Issued By MMR
Country India
Categories Business , Free , News
Tags metal casting market size , metal casting market share , metal casting market scope
Last Updated November 25, 2023