Los Angeles, CA -- (SBWire) -- 04/13/2019 --Casting is a simple, inexpensive and versatile way of forming aluminum into a wide array of products. Such items as power transmissions and car engines and the cap atop the Washington Monument were all produced through the aluminum casting process.
China is a big aluminum casting consumption country, but it is not strong country. According to our research and analysis, manufacturers from USA and Europe are the major leaders in the international market of aluminum casting.
In application, aluminum casting downstream is wide and recently aluminum casting has acquired increasing significance in various fields of automotive, aerospace &military, Engineering Machinery and general industrial machinery and others. Globally, the aluminum casting market is mainly driven by growing demand for automotive which accounts for nearly 51.72% of total downstream consumption of aluminum casting in global.
The global Aluminum Casting market was 37500 million US$ in 2018 and is expected to 51700 million US$ by the end of 2025, growing at a CAGR of 4.1% between 2019 and 2025.
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This report studies the Aluminum Casting market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Aluminum Casting in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Alcoa
Dynacast International
Gibbs Die Casting
Ryobi
Bodine Aluminum
Martinrea Honsel
Leggett & Platt
United Company Rusal
Nemak
Rockman Industries
Endurance
Alcast Technologies
CHALCO
China Hongqiao
By the product type, the market is primarily split into
Die Casting
Permanent Molding Casting
Sand Casting
Others
By the end users/application, this report covers the following segments
Automotive
Aerospace & Military
Engineering Machinery
General Industrial Machinery
Others
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Global Aluminum Casting Market Size Is Projected to Reach 51700 Million USD by 2025
The Aluminum Casting Industry report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.