FEATURED COMPANIES
- Ahresty Corporation
- Dynacast Ltd
- MINO Industry USA Inc.
- Nemak Sab De CV (Alfa
- Rheinmetall Automotive AG
- Ryobi Limited
The global metal casting market reached a value of US$ 139 billion in 2021. Looking forward, the market is projected to reach US$ 221.3 billion by 2027, exhibiting a CAGR of 7.8% during 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use industries. These insights are included in the report as a major market contributor.
Metal casting is a process in which molten metal is poured into a hollow container of desired geometrical shape to form a solidified part. There are many reliable and effective metal casting materials such as, gray iron, ductile iron, aluminum, steel, copper and zinc. Metal casting can produce objects with complex shapes and is cheaper compared to other manufacturing processes for medium to large quantities of castings produced. Cast metal products are an integral part of the human life and economy as they are found in 90% of the manufactured goods and equipment, ranging from home appliances and surgical equipment to critical components for aircraft and automobiles.
Metal casting technology offers numerous advantages; it aids in improving energy efficiency, lowering production costs, enhancing environmental quality, and creating innovative new cast products. Due to these advantages, it is used in pipes and fittings, mining and oilfield machinery, internal combustion engines, railroads, valves and farm equipment, which depend heavily on casting to create uniform products. Further, metal casting foundries rely on metal recycling as a cost-efficient source of raw material, which significantly reduces scrap metal. Besides this, the ongoing research in the field of metal casting ensures innovations and improvements in the casting process, including the development in lost foam casting and computer-based visualization tools for die casters to create alternative means for molding. These advanced casting technologies allow foundry researchers to produce defect-free castings and help them to explore detailed phenomena associated with the new casting process parameters. Moreover, the deteriorating environmental conditions have prompted manufacturers to formulate simulation-based castings to reduce wastage and operational costs.
This report provides an analysis of the key trends in each sub-segment of the global metal casting market, along with forecasts at the global and regional level from 2022-2027. The report has categorized the market based on process, material type, End-use, components, vehicle type, electric & hybrid type, and application.
Automotive and Transportation Market: Breakup by Components:
Automotive and Transportation Market: Breakup by Vehicle Type:
Automotive and Transportation Market: Breakup by Electric and Hybrid Type:
Automotive and Transportation Market: Breakup by Application:
The report has also analysed the competitive landscape of the market with some of the key players being Nemak Sab De CV (Alfa, Sab De CV), GF Casting Solutions AG (Georg Fischer Ltd), Dynacast Ltd, Ryobi Limited, Rheinmetall Automotive AG, Endurance Technologies Limited, Ahresty Corporation, Gibbs (Koch Enterprises Inc.), Aisin Automotive Casting, LLC (Aisin Seiki Co., Ltd.), MINO Industry USA, Inc, Thyssenkrupp AG and Shibaura Machine Co., Ltd., etc.
This report provides a deep insight into the global metal casting market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the metal casting market in any manner.
2. What is the expected growth rate of the global metal casting market during 2022-2027?
3. What are the key factors driving the global metal casting market?
4. What has been the impact of COVID-19 on the global metal casting market?
5. What is the breakup of the global metal casting market based on the process?
6. What is the breakup of the global metal casting market based on the material type?
7. What is the breakup of the global metal casting market based on the End-use?
8. What are the key regions in the global metal casting market?
9. Who are the key companies/players in the global metal casting market?
Metal casting is a process in which molten metal is poured into a hollow container of desired geometrical shape to form a solidified part. There are many reliable and effective metal casting materials such as, gray iron, ductile iron, aluminum, steel, copper and zinc. Metal casting can produce objects with complex shapes and is cheaper compared to other manufacturing processes for medium to large quantities of castings produced. Cast metal products are an integral part of the human life and economy as they are found in 90% of the manufactured goods and equipment, ranging from home appliances and surgical equipment to critical components for aircraft and automobiles.
Metal casting technology offers numerous advantages; it aids in improving energy efficiency, lowering production costs, enhancing environmental quality, and creating innovative new cast products. Due to these advantages, it is used in pipes and fittings, mining and oilfield machinery, internal combustion engines, railroads, valves and farm equipment, which depend heavily on casting to create uniform products. Further, metal casting foundries rely on metal recycling as a cost-efficient source of raw material, which significantly reduces scrap metal. Besides this, the ongoing research in the field of metal casting ensures innovations and improvements in the casting process, including the development in lost foam casting and computer-based visualization tools for die casters to create alternative means for molding. These advanced casting technologies allow foundry researchers to produce defect-free castings and help them to explore detailed phenomena associated with the new casting process parameters. Moreover, the deteriorating environmental conditions have prompted manufacturers to formulate simulation-based castings to reduce wastage and operational costs.
Key Market Segmentation
This report provides an analysis of the key trends in each sub-segment of the global metal casting market, along with forecasts at the global and regional level from 2022-2027. The report has categorized the market based on process, material type, End-use, components, vehicle type, electric & hybrid type, and application.
Breakup by Process:
- Sand Casting
- Gravity Casting
- High-Pressure Die Casting (HPDC)
- Low-Pressure Die Casting (LPDC)
- Others
Breakup by Material Type:
- Cast Iron
- Aluminum
- Steel
- Zinc
- Magnesium
- Others
Breakup by End-use:
- Automotive and Transportation
- Equipment and Machine
- Building and Construction
- Aerospace and Military
- Others
Automotive and Transportation Market: Breakup by Components:
- Alloy Wheel
- Clutch Casing
- Cylinder Head
- Cross Car Beam
- Crank Case
- Battery Housing
- Others
Automotive and Transportation Market: Breakup by Vehicle Type:
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Automotive and Transportation Market: Breakup by Electric and Hybrid Type:
- Hybrid Electric Vehicles (HEV)
- Battery Electric Vehicles (BEV)
- Plug-In Hybrid Electric Vehicles (PHEV)
Automotive and Transportation Market: Breakup by Application:
- Body Assemblies
- Engine Parts
- Transmission Parts
- Others
Breakup by Region:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
Competitive Landscape
The report has also analysed the competitive landscape of the market with some of the key players being Nemak Sab De CV (Alfa, Sab De CV), GF Casting Solutions AG (Georg Fischer Ltd), Dynacast Ltd, Ryobi Limited, Rheinmetall Automotive AG, Endurance Technologies Limited, Ahresty Corporation, Gibbs (Koch Enterprises Inc.), Aisin Automotive Casting, LLC (Aisin Seiki Co., Ltd.), MINO Industry USA, Inc, Thyssenkrupp AG and Shibaura Machine Co., Ltd., etc.
This report provides a deep insight into the global metal casting market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the metal casting market in any manner.
Key Questions Answered in This Report
1. What was the size of the global metal casting market in 2021?2. What is the expected growth rate of the global metal casting market during 2022-2027?
3. What are the key factors driving the global metal casting market?
4. What has been the impact of COVID-19 on the global metal casting market?
5. What is the breakup of the global metal casting market based on the process?
6. What is the breakup of the global metal casting market based on the material type?
7. What is the breakup of the global metal casting market based on the End-use?
8. What are the key regions in the global metal casting market?
9. Who are the key companies/players in the global metal casting market?
Frequently Asked Questions about the Global Metal Casting Market
What is the estimated value of the Global Metal Casting Market?
What is the growth rate of the Global Metal Casting Market?
What is the forecasted size of the Global Metal Casting Market?
Who are the key companies in the Global Metal Casting Market?
FEATURED COMPANIES
- Ahresty Corporation
- Dynacast Ltd
- MINO Industry USA Inc.
- Nemak Sab De CV (Alfa
- Rheinmetall Automotive AG
- Ryobi Limited
1 Preface3 Executive Summary15 Value Chain Analysis17 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Metal Casting Market
6 Market Breakup by Process
7 Market Breakup by Material Type
8 Market Breakup by End Use
9 Automotive and Transportation Market: Breakup by Components
10 Automotive and Transportation Market: Breakup by Vehicle Type
11 Automotive and Transportation Market: Breakup by Electric and Hybrid Type
12 Automotive and Transportation Market: Breakup by Application
13 Market Breakup by Region
14 SWOT Analysis
16 Porter’s Five Forces Analysis
18 Competitive Landscape
List of Figures
List of Tables
- Nemak Sab De CV (Alfa
- Sab De CV)
- GF Casting Solutions AG (Georg Fischer Ltd)
- Dynacast Ltd
- Ryobi Limited
- Rheinmetall Automotive AG
- Endurance Technologies Limited
- Ahresty Corporation
- Gibbs (Koch Enterprises Inc.)
- Aisin Automotive Casting LLC (Aisin Seiki Co. Ltd.)
- MINO Industry USA Inc.
- Thyssenkrupp AG
- Shibaura Machine Co. Ltd
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