Aluminum Casting Market Update Report 2024 | Industry Trends, Demand, Leading Companies and Segmentation till 2031

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The global aluminum casting market was valued at USD 70.4 billion in 2021 and is projected to reach USD 100.5 billion by 2026, growing at 7.4% CAGR during the forecast period.

The global aluminum casting market report is a specialised and in-depth study of the aluminum casting industry focusing on the global market trend analysis. The report aims to provide an overview of the aluminum casting market with detailed market segmentation by product type, form, and distribution channel. The global aluminum casting market is expected to grow highly during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

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Key Market Players

➡️ @Alcoa Corporation (US)

➡️ @ Ryobi Limited (Japan)

➡️ @ Aluminum Corporation of China Limited (China)

➡️ @ Rio Tinto (UK)

➡️ @ United Company RUSAL (Russia)

This research report categorizes the aluminum casting market based on type, application, technology, and region.

Aluminum Casting Market by Process

·        Die Casting

·        Sand Casting

·        Permanent Mold Casting

Aluminum Casting Market by End-use

·        Transportation sector

·        Building & Construction sector

·        Industrial sector

·        Others (household appliances, engineering tools, and telecom sector)

aluminum casting Market Report is also available for any Specific Regions & Countries:

APAC is expected to have the highest CAGR during the forecast period.

The APAC region represents the largest and fastest-growing aluminum casting market. Countries covered in this region include India, China, Japan, South Korea, and others. China's industrial segment experienced a production growth of 9.8% in April 2021. The substantial rise is mostly due to a considerable reduction in industrial production and the accompanying low base from the previous year's similar period. Industrial production grew by 14.1% in April 2019, or 6.8% yearly. The car industry in China has been propelled by the fast expansion of the local market. Japan was the third-largest economy in the world in 2020. It had a GDP of USD 5,048.69 billion and a share of 5.7% in the world GDP. The country is the second-largest market for aluminum casting in the APAC region. It accounted for an 11.1% share of the region’s aluminum casting market in 2020, in terms of value.

North America (US, Canada)

Europe (Germany, France, UK, Italy, Spain, Sweden, Netherland, Turkey, Switzerland, Belgium, Rest of Europe)

Asia-Pacific (South Korea, Japan, China, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest Of APAC)

Latin America (Mexico, Colombia, Brazil, Argentina, Peru, Rest of Latin America)

Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest Of MEA)

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