Aluminum Die Casting Market Worth to Reach USD 48.17 billion By 2027
Posted On September 20, 2021
The Global Aluminum Die Casting Market report evaluates the market revenue to reach USD 48.17 billion mark in 2027. The CAGR is expected to be close to 7% from 2021 till the end of 2027 according to the newly published report by Value Market Research. Rising adoption of durability and lightweight cast, especially in the automotive sector is likely to augment the demand. In addition to this, increasing demand from the building and construction sector, especially in Asia Pacific region, is anticipated to drive the market. Also growing demand for consumer appliances, rising mining activities and rapid expansion of industries are expected to drive market growth. Apart from this, recycled aluminum has widely gained attention among end-users due to the high cost of using pure aluminum. However, the requirement of the high cost to investment is the major factor that could hamper the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give inclusive assessment of each process and end user segment in the global market of aluminum die casting.
The market dynamics covered in the report "Global Aluminum Die Casting Market Report By Process (Pressure Die Casting, Vacuum Die Casting, Squeeze Die Casting, Others) By Chamber Process (Hot Chamber Aluminum Die Casting, Cold Chamber Aluminum Die Casting) By End-Use (Transportation (General Road Transportation, Sports Road Transportation), Heavy Vehicles, Aerospace & Aviation, Industrial (Agricultural Equipment, Construction Equipment, Others), Building & Construction, Telecommunication, Consumer Durables, Energy, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2027" gives a holistic scope of the market along with the market forecasts.
On the basis of process the market is segmented into Pressure Die Casting, Vacuum Die Casting, Squeeze Die Casting, Others. By chamber process the aluminum die casting market is categorised as Hot Chamber Aluminum Die Casting, Cold Chamber Aluminum Die Casting. By end-use the aluminum die casting market is categorised as Transportation (General Road Transportation, Sports Road Transportation, Heavy Vehicles, Aerospace & Aviation), Industrial (Agricultural Equipment, Construction Equipment, Others), Building & Construction, Telecommunication, Consumer Durables, Energy, Others. Geographically the research study provides data on North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions. Each region is segregated into North America (North America, United State and Rest of North America), Europe (United Kingdom, France, Germany, and Rest of Europe), Asia Pacific (China, Japan, India, Rest of Asia Pacific), Latin America (Brazil, Rest of Latin America) and Middle East & Africa. This section provides the estimates of market by segment. This section provides the estimates of market by segment thus, providing valuable data to take strategic decisions.
The Report Segments Global Aluminum Die Casting Market -
- Pressure Die Casting
- Vacuum Die Casting
- Squeeze Die Casting
By Chamber Process
- Hot Chamber Aluminum Die Casting
- Cold Chamber Aluminum Die Casting
- Transportation (General Road Transportation, Sports Road Transportation, Heavy Vehicles, Aerospace & Aviation)
- Industrial (Agricultural Equipment, Construction Equipment, Others)
- Building & Construction
- Consumer Durables
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Players Profiled In the Report:
Alcoa Corporation, Walbro, Dynacast, Gibbs Die Casting Corporation, Ryobi Ltd., Consolidated Metco, Inc., Bodine Aluminum, Inc., Martinrea Honsel Germany GmbH, Alcast Technologies
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