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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, 2020-2027
ID:VMR11211490
September 2021
Report Formats:
Global Aluminum Die Casting Market Overview
Die casting is an automated process that forces molten metal under high pressure into a mold cavity. The liquid aluminum melt is pressed into a mold under high pressure of 150 to 1200 bar and at a high filling speed of up to 540 km/h. Die casting is the most economical and quickest forming processes. The benefits of this production process are that hundreds of thousands of castings can be produced relatively quickly by using just one mold. All aluminum components produced have uniform quality and involve relatively low unit costs. This casting process is particularly suitable for the series and mass production of aluminum components. World demand for aluminum die casting is projected to grow with spurring demand for aluminum across industries coupled with a growing preference for an automation process to increase productivity. Aluminum is demanded across transportation, agricultural, equipment construction, building & construction, telecommunication, consumer durables, energy, among others due to its lucrative properties such as lightweight, thermal and electrical conductivity, reflectivity, nontoxic features, recyclability, finish ability, strength, high strength-to-weight ratio, and ease of fabrication.
The growing use of aluminum for designing lightweight vehicles and machines, technological advancements and innovation in aluminum die casting machines, escalating investment by end-use industries to set up new manufacturing capacity are major highlights of the market. Automakers are taking the initiative towards making lighter vehicles to boost fuel efficiency and deduct carbon emissions. Aluminum is the preferred choice for the automaker as a lightweight metal. Furthermore, demand for a greater return on investment and manufacturer's expectations for increasingly higher levels of quality at a lower price will be encouraging the growth of the market.
Earlier, the complexity and tolerances of the aluminum die casting depended on the skill of the press operator; however, with the advent of new programmable and technically controlled die casting machines, it is possible now to produce such shapes to superior overall thickness or width tolerances bands. This is estimated to propel the growth of the market.
Aluminum prices have remained fluctuating due to global trade war concerns, with domestic prices trending down amid rising imports. However, the volatility of aluminum prices and other polymer's composite employment over aluminum hinders the global aluminum die casting market. Magnesium alloys and polymer composites potentially meet the demands for lighter and reliable construction. With comparable specific stiffness, higher specific strength, and energy absorption, magnesium alloys can replace aluminum in the near future.
The global aluminum die casting market is highly fragmented. Alcoa Corporation, Walbro, Dynacast, Gibbs Die Casting Corporation, Ryobi Ltd., Consolidated Metco, Inc., Bodine Aluminum, Inc., Martinrea Honsel Germany GmbH, Alcast Technologies are key players operating in the market.
In this research report, the aluminum die casting market is segmented by process, end-use, and region.
Analysis, By Process
By process, the global aluminum die casting market is fragmented into pressure die casting, vacuum die casting, squeeze die casting, and others. Low-pressure die casting is the most commonly used process for aluminum components. The removal of feeders from this type of low-pressure aluminum casting process delivers high casting yields. Low-pressure die casting allows precise control of the filling process. Injecting the molten metal in this way reduces oxide formation. It reduces porosity, ensuring superior consistency from top to bottom, results in exceptional density and strength values, as well as excellent dimensional accuracy. It is also well suited to simpler, symmetrical forms, more complex geometries. Squeeze and semi-solid die casting process are another two significant segments preferred when high precision and the dense product is required,
Analysis, By End Use
By end-use, the global aluminum die casting market is segmented into transportation, industrial, building & construction, telecommunication, consumer durables, energy, and others. Transportation accounted for the maximum share in the global aluminum die casting market. Growth in vehicle production, the wide application of aluminum in modern vehicles, and the growing demand for more fuel-efficient vehicles increase the segment’s growth. The transportation end-use segment of the die-casting aluminum market is expected to grow much faster due to lightweight car production and growing awareness among end-users about aluminum’s property features.
Analysis, By Chamber Process
By chamber process, the global aluminum die casting market is divided into hot chamber aluminum die casting and cold chamber aluminum die casting. Cold-chamber dies casting is the more popular of the two main die casting processes. The cold chamber process is preferred because of aluminum’s high susceptibility to corrosion with the hot chamber process. The cold chamber process focuses on minimizing corrosion rather than production efficiency by eliminating the injection mechanism. Sometimes, the hot chamber aluminum die casting process is also preferred by blending aluminum with other metals.
Analysis, By Region
Based on region, the global aluminum die casting market is divided into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. The Asia-Pacific region is the largest and fastest-growing market for aluminum die casting. The Asia Pacific region is full of opportunities. This massive region is an lucrative opportunity for market growth, encompassing China, India, Japan, and ASEAN countries. China and India are the major contributors. Expanding consumer base, thriving end-use industries, and growing government support for industrial growth will encourage aluminum die casting demand throughout the forecast period.
Market Segmentation covered in the Report:
By Process
By Chamber Process
By End-Use
By Region
METHODOLOGY
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.
Die casting is an automated process that forces molten metal under high pressure into a mold cavity. The liquid aluminum melt is pressed into a mold under high pressure of 150 to 1200 bar and at a high filling speed of up to 540 km/h. Die casting is the most economical and quickest forming processes. The benefits of this production process are that hundreds of thousands of castings can be produced relatively quickly by using just one mold. All aluminum components produced have uniform quality and involve relatively low unit costs. This casting process is particularly suitable for the series and mass production of aluminum components. World demand for aluminum die casting is projected to grow with spurring demand for aluminum across industries coupled with a growing preference for an automation process to increase productivity. Aluminum is demanded across transportation, agricultural, equipment construction, building & construction, telecommunication, consumer durables, energy, among others due to its lucrative properties such as lightweight, thermal and electrical conductivity, reflectivity, nontoxic features, recyclability, finish ability, strength, high strength-to-weight ratio, and ease of fabrication.
According to Value Market Research, the global aluminum die casting market size was valued at about USD 30 billion in 2020 and is estimated to grow at a CAGR of around 7% during the forecast period 2021 to 2027.
The growing use of aluminum for designing lightweight vehicles and machines, technological advancements and innovation in aluminum die casting machines, escalating investment by end-use industries to set up new manufacturing capacity are major highlights of the market. Automakers are taking the initiative towards making lighter vehicles to boost fuel efficiency and deduct carbon emissions. Aluminum is the preferred choice for the automaker as a lightweight metal. Furthermore, demand for a greater return on investment and manufacturer's expectations for increasingly higher levels of quality at a lower price will be encouraging the growth of the market.
Earlier, the complexity and tolerances of the aluminum die casting depended on the skill of the press operator; however, with the advent of new programmable and technically controlled die casting machines, it is possible now to produce such shapes to superior overall thickness or width tolerances bands. This is estimated to propel the growth of the market.
Aluminum prices have remained fluctuating due to global trade war concerns, with domestic prices trending down amid rising imports. However, the volatility of aluminum prices and other polymer's composite employment over aluminum hinders the global aluminum die casting market. Magnesium alloys and polymer composites potentially meet the demands for lighter and reliable construction. With comparable specific stiffness, higher specific strength, and energy absorption, magnesium alloys can replace aluminum in the near future.
The global aluminum die casting market is highly fragmented. Alcoa Corporation, Walbro, Dynacast, Gibbs Die Casting Corporation, Ryobi Ltd., Consolidated Metco, Inc., Bodine Aluminum, Inc., Martinrea Honsel Germany GmbH, Alcast Technologies are key players operating in the market.
In this research report, the aluminum die casting market is segmented by process, end-use, and region.
Analysis, By Process
By process, the global aluminum die casting market is fragmented into pressure die casting, vacuum die casting, squeeze die casting, and others. Low-pressure die casting is the most commonly used process for aluminum components. The removal of feeders from this type of low-pressure aluminum casting process delivers high casting yields. Low-pressure die casting allows precise control of the filling process. Injecting the molten metal in this way reduces oxide formation. It reduces porosity, ensuring superior consistency from top to bottom, results in exceptional density and strength values, as well as excellent dimensional accuracy. It is also well suited to simpler, symmetrical forms, more complex geometries. Squeeze and semi-solid die casting process are another two significant segments preferred when high precision and the dense product is required,
Analysis, By End Use
By end-use, the global aluminum die casting market is segmented into transportation, industrial, building & construction, telecommunication, consumer durables, energy, and others. Transportation accounted for the maximum share in the global aluminum die casting market. Growth in vehicle production, the wide application of aluminum in modern vehicles, and the growing demand for more fuel-efficient vehicles increase the segment’s growth. The transportation end-use segment of the die-casting aluminum market is expected to grow much faster due to lightweight car production and growing awareness among end-users about aluminum’s property features.
Analysis, By Chamber Process
By chamber process, the global aluminum die casting market is divided into hot chamber aluminum die casting and cold chamber aluminum die casting. Cold-chamber dies casting is the more popular of the two main die casting processes. The cold chamber process is preferred because of aluminum’s high susceptibility to corrosion with the hot chamber process. The cold chamber process focuses on minimizing corrosion rather than production efficiency by eliminating the injection mechanism. Sometimes, the hot chamber aluminum die casting process is also preferred by blending aluminum with other metals.
Analysis, By Region
Based on region, the global aluminum die casting market is divided into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. The Asia-Pacific region is the largest and fastest-growing market for aluminum die casting. The Asia Pacific region is full of opportunities. This massive region is an lucrative opportunity for market growth, encompassing China, India, Japan, and ASEAN countries. China and India are the major contributors. Expanding consumer base, thriving end-use industries, and growing government support for industrial growth will encourage aluminum die casting demand throughout the forecast period.
Market Segmentation covered in the 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 & Aviation0
- Industrial (Agricultural Equipment, Construction Equipment, Others)
- Building & Construction
- Telecommunication
- Consumer Durables
- Energy
- Others
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
METHODOLOGY
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.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . ALUMINUM DIE CASTING – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 By Process
3.7.2 By Chamber Process
3.7.3 By End-Use
3.7.4 By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL ALUMINUM DIE CASTING MARKET ANALYSIS BY PROCESS
6.1 Overview by Process
6.2 Historical and Forecast Data
6.3 Analysis by Process
6.4 Pressure Die Casting Market by Regions
6.5 Vacuum Die Casting Market by Regions
6.6 Squeeze Die Casting Market by Regions
6.7 Others Market by Regions
7 . GLOBAL ALUMINUM DIE CASTING MARKET ANALYSIS BY CHAMBER PROCESS
7.1 Overview by Chamber Process
7.2 Historical and Forecast Data
7.3 Analysis by Chamber Process
7.4 Hot Chamber Aluminum Die Casting Market by Regions
7.5 Cold Chamber Aluminum Die Casting Market by Regions
8 . GLOBAL ALUMINUM DIE CASTING MARKET ANALYSIS BY END-USE
8.1 Overview by End-Use
8.2 Historical and Forecast Data
8.3 Analysis by End-Use
8.4 Transportation (General Road Transportation, Sports Road Transportation, Heavy Vehicles, Aerospace & Aviation0 Market by Regions
8.5 Industrial (Agricultural Equipment, Construction Equipment, Others) Market by Regions
8.6 Building & Construction Market by Regions
8.7 Telecommunication Market by Regions
8.8 Consumer Durables Market by Regions
8.9 Energy Market by Regions
8.10. Others Market by Regions
9 . GLOBAL ALUMINUM DIE CASTING MARKET ANALYSIS BY GEOGRAPHY
9.1. Regional Outlook
9.2. Introduction
9.3. North America
9.3.1. Overview, Historic and Forecast Data
9.3.2. North America By Segment
9.3.3. North America By Country
9.3.4. United State
9.3.5. Canada
9.3.6. Mexico
9.4. Europe
9.4.1. Overview, Historic and Forecast Data
9.4.2. Europe by Segment
9.4.3. Europe by Country
9.4.4. United Kingdom
9.4.5. France
9.4.6. Germany
9.4.7. Italy
9.4.8. Russia
9.4.9. Rest Of Europe
9.5. Asia Pacific
9.5.1. Overview, Historic and Forecast Data
9.5.2. Asia Pacific by Segment
9.5.3. Asia Pacific by Country
9.5.4. China
9.5.5. India
9.5.6. Japan
9.5.7. South Korea
9.5.8. Australia
9.5.9. Rest Of Asia Pacific
9.6. Latin America
9.6.1. Overview, Historic and Forecast Data
9.6.2. Latin America by Segment
9.6.3. Latin America by Country
9.6.4. Brazil
9.6.5. Argentina
9.6.6. Peru
9.6.7. Chile
9.6.8. Rest of Latin America
9.7. Middle East & Africa
9.7.1. Overview, Historic and Forecast Data
9.7.2. Middle East & Africa by Segment
9.7.3. Middle East & Africa by Country
9.7.4. Saudi Arabia
9.7.5. UAE
9.7.6. Israel
9.7.7. South Africa
9.7.8. Rest Of Middle East And Africa
10 . COMPETITIVE LANDSCAPE OF THE ALUMINUM DIE CASTING COMPANIES
10.1. Aluminum Die Casting Market Competition
10.2. Partnership/Collaboration/Agreement
10.3. Merger And Acquisitions
10.4. New Product Launch
10.5. Other Developments
11 . COMPANY PROFILES OF ALUMINUM DIE CASTING INDUSTRY
11.1. Company Share Analysis
11.2. Market Concentration Rate
11.3. Alcoa Corporation
11.3.1. Company Overview
11.3.2. Financials
11.3.3. Products
11.3.4. Recent Developments
11.4. Walbro
11.4.1. Company Overview
11.4.2. Financials
11.4.3. Products
11.4.4. Recent Developments
11.5. Dynacast
11.5.1. Company Overview
11.5.2. Financials
11.5.3. Products
11.5.4. Recent Developments
11.6. Gibbs Die Casting Corporation
11.6.1. Company Overview
11.6.2. Financials
11.6.3. Products
11.6.4. Recent Developments
11.7. Ryobi Ltd.
11.7.1. Company Overview
11.7.2. Financials
11.7.3. Products
11.7.4. Recent Developments
11.8. Consolidated Metco Inc.
11.8.1. Company Overview
11.8.2. Financials
11.8.3. Products
11.8.4. Recent Developments
11.9. Bodine Aluminum Inc.
11.9.1. Company Overview
11.9.2. Financials
11.9.3. Products
11.9.4. Recent Developments
11.10. Martinrea Honsel Germany GmbH
11.10.1. Company Overview
11.10.2. Financials
11.10.3. Products
11.10.4. Recent Developments
11.11. Alcast Technologies
11.11.1. Company Overview
11.11.2. Financials
11.11.3. Products
11.11.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Process (USD MN)
- Pressure Die Casting Market by Geography (USD MN)
- Vacuum Die Casting Market by Geography (USD MN)
- Squeeze Die Casting Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Analysis Market by Chamber Process (USD MN)
- Hot Chamber Aluminum Die Casting Market by Geography (USD MN)
- Cold Chamber Aluminum Die Casting Market by Geography (USD MN)
- Analysis by End-Use (USD MN)
- Transportation (General Road Transportation, Sports Road Transportation, Heavy Vehicles, Aerospace & Aviation0 Market by Geography (USD MN)
- Industrial (Agricultural Equipment, Construction Equipment, Others) Market by Geography (USD MN)
- Building & Construction Market by Geography (USD MN)
- Telecommunication Market by Geography (USD MN)
- Consumer Durables Market by Geography (USD MN)
- Energy Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Aluminum Die Casting Market by Geography (USD MN)
- North America Market Analysis (USD MN)
- United State Market Analysis (USD MN)
- Canada Market Analysis (USD MN)
- Mexico Market Analysis (USD MN)
- Europe Market Analysis (USD MN)
- Europe Market Estimate by Country (USD MN)
- United Kingdom Market Analysis (USD MN)
- France Market Analysis (USD MN)
- Germany Market Analysis (USD MN)
- Italy Market Analysis (USD MN)
- Russia Market Analysis (USD MN)
- Spain Market Analysis (USD MN)
- Rest of Europe Market Analysis (USD MN)
- Asia Pacific Market Analysis (USD MN)
- China Market Analysis (USD MN)
- Japan Market Analysis (USD MN)
- India Market Analysis (USD MN)
- South Korea Market Analysis (USD MN)
- Australia Market Analysis (USD MN)
- Rest of Asia Pacific Market Analysis (USD MN)
- Latin America Market Analysis (USD MN)
- Brazil Market Analysis (USD MN)
- Argentina Market Analysis (USD MN)
- Peru Market Analysis (USD MN)
- Chile Market Analysis (USD MN)
- Rest of Latin America Market Analysis (USD MN)
- Middle East & Africa Market Analysis (USD MN)
- Saudi Arabia Market Analysis (USD MN)
- UAE Market Analysis (USD MN)
- Israel Market Analysis (USD MN)
- South Africa Market Analysis (USD MN)
- Rest of Middle East and Africa Market Analysis (USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisiton
LIST OF FIGURES
- Research Scope of Aluminum Die Casting Report
- Market Research Process
- Market Research Methodology
- Global Aluminum Die Casting Market Size, by Region (USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Process
- Market Attractiveness Analysis by Chamber Process
- Market Attractiveness Analysis by End-Use
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis by Process (USD MN)
- Pressure Die Casting Market by Geography (USD MN)
- Vacuum Die Casting Market by Geography (USD MN)
- Squeeze Die Casting Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Market Analysis by Chamber Process (USD MN)
- Hot Chamber Aluminum Die Casting Market by Geography (USD MN)
- Cold Chamber Aluminum Die Casting Market by Geography (USD MN)
- Global Market Analysis by End-Use (USD MN)
- Transportation (General Road Transportation, Sports Road Transportation, Heavy Vehicles, Aerospace & Aviation0 Market by Geography (USD MN)
- Industrial (Agricultural Equipment, Construction Equipment, Others) Market by Geography (USD MN)
- Building & Construction Market by Geography (USD MN)
- Telecommunication Market by Geography (USD MN)
- Consumer Durables Market by Geography (USD MN)
- Energy Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Market by Revenue
- North America Market by Revenue
- Europe Market by Revenue
- Asia Pacific Market by Revenue
- Latin America Market by Revenue
- Middle East & Africa Market by Revenue
- Recent Development in Industry
- Company Market Share Analysis, 2020
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
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Objectives of Study
- Define and measure the global market
- Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
- Analyze and identify major market trends along with the factors driving or inhibiting the market growth
- Study the company profiles of the major market players with their market share
- Analyze competitive developments