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Metal Casting Market 2021 Size Share Growth Analysis Industry Overview Top Companies and Report 2026

According to the latest report by IMARC Group, titled “Metal Casting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026″, the global metal casting market reached a value of US$ 131 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 7.6% during 2021-2026. Metal casting stands for the process of pouring hot molten metal into a hollow mold to obtain a solidified part of the desired shape. Metal casts are usually made up of non-ferrous metals, such as zinc, copper, magnesium, lead, pewter, and tin-based alloys. They are mainly adopted for the mass production of metal components with intrinsic shapes. As a result, metal casting is extensively used to manufacture various goods and equipment, ranging from home appliances to critical components for aircraft.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Global Metal Casting Market Trends:

The expanding automobile industry across the globe is primarily augmenting the demand for metal casting in manufacturing numerous automotive components. Metal casting technology helps in improving energy efficiency, reducing carbon emissions, and lowering the production costs of vehicles. Owing to these benefits, it is increasingly being used for pipes and fittings, mining and oilfield machinery, internal combustion engines, railroads and valves, and farm equipment. Besides this, the deteriorating environmental conditions have encouraged manufacturers to formulate simulation-based castings to minimize wastage and operational costs. Additionally, continuous technological advancements have led to the emergence of computer-based visualization for die casters, which are expected to further drive the global metal casting market in the coming years.

Explore Full Report with TOC & List of Figure:

Key Market Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

GF Casting Solutions AG
Dynacast Ltd.
Ryobi Limited
Rheinmetall Automotive AG
Endurance Technologies Limited
Ahresty Corporation
Gibbs (Koch Enterprises Inc.)
Aisin Automotive Casting, LLC
MINO Industry USA, Inc.
Thyssenkrupp AG
Toshiba Machine Co., Ltd

Breakup by Process:
Gravity Casting
High-Pressure Die Casting (HPDC)
Low-Pressure Die Casting (LPDC)
Sand Casting

Breakup by Material Type:
Cast Iron

Breakup by Components:
Alloy Wheel
Battery Housing
Clutch Casing
Cross Car Beam
Crank Case
Cylinder Head

Breakup by Vehicle Type:
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles

Breakup by Electric and Hybrid Type:
Hybrid Electric Vehicles (HEV)
Plug-In Hybrid Electric Vehicles (PHEV)
Battery Electric Vehicles (BEV)

Breakup by Application:
Body Assemblies
Engine Parts
Transmission Parts

Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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