Metal Casting Market size was valued at US$ 42.16 Bn. in 2023 and the total revenue is expected to grow at 18.9 % through 2024 to 2030, Metal Casting Market is reaching nearly US$ 141.64 Bn. by 2030

Metal Casting Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Metal Casting Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Metal Casting market by thorough analysis, and projections are made up to 2030.

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Metal Casting Market Scope and Methodology:

The Metal Casting market report covers a wide range of topics that impact market dynamics, trends, opportunities, and challenges. It also includes a thorough analysis of the worldwide landscape. This comprehensive analysis also looks at how the market is divided into segments according to services category, company size, end-user sector, and geographical regions. The study also closely examines major industry participants, assessing their approaches, line of business, results, and place in the Metal Casting market. To give a comprehensive picture of the market environment, a thorough evaluation of macroeconomic variables, regulatory frameworks, and technical developments is also carried out.

Also, the research offers detailed insights into the dynamics of the Metal Casting market, including opportunities, challenges, constraints, and drivers. Using a bottom-up methodology, estimates of the size of the worldwide and regional Metal Casting market were developed. The study provides a thorough value chain analysis that clarifies the Metal Casting production process and incorporates information about distributors, consumers, and raw materials. Furthermore, the use of PORTER and PESTLE studies, in conjunction with evaluations of market attractiveness, enhances comprehension of the Metal Casting market on a global and micro level.

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

The market is divided into several sub-sectors, including those for aluminum, cast iron, magnesium, zinc, and others. With 70.2% of the total volume, the iron casting category held the largest market share in 2023. The bulk of demand in this sector is anticipated to come from emerging markets, especially in the oil gas, construction, and automotive industries. It is probable that investors will continue to prioritize completed casting items. The MMR study states that the production of iron casting increased by 0.11 percent in 2023 compared to 2021.

by Vehicle Type

BEV
HEV
PHEV

by Application

Automotive transportation
Industrial
Building construction
Others

The market is further divided into building and construction, industrial, automotive and transportation, and others. The automotive and transportation category is anticipated to expand at a compound annual growth rate (CAGR) of 5.4% in 2023. Global auto manufacturing has been steadily increasing, if slowly, during the past few years. 2023 saw a 2.5% growth in global automotive production, according to the International Organization of Motor Vehicle Manufacturers. For automakers and market suppliers, using aluminum to reduce weight will remain a crucial component.

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Metal Casting Market Key Players:

North America
1. Nemak
2. Dynacast
3. Mino Industrial
4. Aisin Automotive Casting
5. Gibbs Die Casting
6. FORCEBEYOND
7. Reliance Foundry Co. Ltd

Europe
8. Rheinmetall Automotive
9. Georg Fischer Ltd
10. Marimex - M. Ivanov
11. ArcelorMittal SA,
12. Bühler AG

Asia-Pacific
13. Ryobi Limited
14. Ahresty Corporation
15. Endurance
16. Tycon Alloy Industries (HongKong)
17. TOYOTA INDUSTRIES CORPORATION
18. NINGBO INNOVAW MECHANICAL CO., LTD
19. Pyrotek

Middle East and Africa
20. Gulf Metal Foundry
21. Saanvi Founders
22. National Metal Manufacturing and Casting Company
23. Arabian FORASOL Foundation LLC

South America
24. Fundição Regali Brasil
25. Industrias Ascheri Cia.

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Metal Casting Market Regional Insights :

The size and trends in the Metal Casting market in each of the following regions are thoroughly examined in this research: North America (which includes the United States, Canada, and Mexico); Europe (which includes France, Spain, Germany, Italy, and other European countries); Asia-Pacific (which includes China, Japan, India, Australia, South Korea, ASEAN countries, and others APAC countries); South America (which includes Argentina, Brazil, and other South American countries); and Middle East and Africa (which includes South Africa, Egypt, and other MEA countries).

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Key questions answered in the Metal Casting Market are:

• What is Metal Casting?
• What was the Metal Casting market size in 2023?
• Which are the factors expected to drive the Metal Casting market growth?
• Who are the leading companies and what are their portfolios in Metal Casting Market?
• What growth strategies are the players considering to increase their presence in Metal Casting?
• What are the upcoming industry applications and trends for the Metal Casting Market?
• What will be the CAGR at which the Metal Casting market will grow?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Metal Casting Market?
• What are the different segments of the Metal Casting Market?
• What is the growth rate of the Metal Casting Market?
• What segments are covered in the Metal Casting Market?
• Who are the key players in the Metal Casting market?
• What are the key challenges and opportunities in the Metal Casting market?
• Which application holds the highest potential in the Metal Casting market?

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Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2023)
• Past Pricing and price curve by region (2018 to 2023)
• Market Size, Share, Size Forecast by different segment | 2024−2030
• 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

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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