The global demand for Aluminum Die Casting Market is presumed to reach the valuation of nearly USD XXX MN by 2026 from USD XXX MN in 2019 with a CAGR of X.XX% under the study period of 2020- 2026.
The die casting is a versatile process for constructing engineered metal parts by pushing molten metal under high pressure into steel molds. These molds are called dies, can be designed to construct complex shapes with a high degree of accuracy and repeatability. Parts can be sharply defined, with smooth or textured surfaces, and are appropriate for a wide variety of attractive and serviceable finishes. Aluminum is a lightweight alloy that possesses high dimensional stability for complex shapes and thin walls. Aluminum has good corrosion resistance and mechanical properties, high thermal and electrical conductivity, as well as strength at high temperatures, making it a good alloy for die casting.
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 entire aluminum die casting market has been sub-categorized into process and end-use. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By End Use
- Pressure Die Casting
- High Pressure Die Casting
- Low Pressure Die Casting
- Building & Construction
- Consumer Durables
This section covers regional segmentation which accentuates on current and future demand for aluminum die casting market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Aluminum Die Casting Market by Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the aluminum die casting market include Walbro, Alcoa Corporation, Consolidated Metco, Inc., Dynacast, Gibbs Die Casting Corporation, Ryobi Ltd., Bodine Aluminum, Inc., Martinrea Honsel Germany GmbH, Aluminum Corporation of China Limited, Alcast Technologies and Endurance Technologies Limited. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.