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 analysis in the report provides an in-depth aspect at the current status of the Metal Casting market, with forecasts outspreading to the year 2030.

Projected Growth Trajectory for Metal Casting Market:

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

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Metal Casting Market Scope and Methodology:

The Metal Casting market research offers in-depth details on important factors, such as those anticipated to fuel the industry's expansion and impending challenges. Stakeholders will have a solid understanding of the industry's competitive landscape, the products pushed by well-known brands, and the investment potential in the Metal Casting market. Both the qualitative and quantitative aspects of the industry are covered in the study. The MMR investigation's purview includes a thorough analysis of the competition for the Metal Casting Market.

Many additional requirements, each with a detailed reason, are included in the study. In order to build the Metal Casting Market, a wide range of primary and secondary sources of information were taken into consideration, including government documents, websites, yearly reports, and expert and professional opinions.

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Metal Casting Market Regional Insights:

The market size, growth rate, import and export by region, and other relevant statistics are all thoroughly analyzed in this study. The regional analysis of the research makes it easy to understand the Metal Casting market situations in different countries. The markets in Latin America, Africa, Asia Pacific, North America, and the Middle East make up the Metal Casting market.

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 segments based on the kind of material, including 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

The market is divided into several segments based on application, including automotive and transportation, industrial, building and construction, 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.

by Application

Automotive & transportation
Industrial
Building & construction
Others

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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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Key questions answered in the Metal Casting Market are:

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