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 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.

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Metal Casting Market Scope and Methodology:

The Metal Casting market research provides comprehensive information on significant aspects, including those that are expected to drive the industry's growth and upcoming challenges. The competitive environment of the industry, the products marketed by well-known companies, and the investment potential in the Metal Casting market will all be thoroughly understood by stakeholders. The study covers both the qualitative and quantitative components of the sector. A comprehensive examination of the competition for the Metal Casting Market is included in the scope of the MMR report.

The report offers a number of new requirements, each with a thorough justification. The Metal Casting Market was created by consulting both primary and secondary sources of information, including government documents, websites, annual reports, and the opinions of other professionals and academics.

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Metal Casting Market Regional Insights:

This study includes a comprehensive analysis of all pertinent data, including market size, growth rate, and import and export by region. The research's geographic analysis makes it possible to comprehend the Metal Casting market situations in various nations. The Metal Casting market is made up of the markets in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East.

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 categories such as zinc, aluminum, magnesium, and cast iron. With a 70.2% market share in terms of volume in 2023, the iron casting segment held the largest share. The bulk of demand in this field is anticipated to come from emerging markets, especially in the oil and gas, construction, and automotive industries. It is probable that investors will persist in their emphasis on completed casting goods. The MMR study states that the production of iron casting increased by 0.11% in 2023 compared to the previous year.

by Vehicle Type

BEV
HEV
PHEV

by Application

Automotive & transportation
Industrial
Building & construction
Others

The market is divided into four smaller segments: building and construction, automotive and transportation, industrial, and others. The segment for cars and transportation is anticipated to expand at a compound annual growth rate (CAGR) of 5.4% in 2023. The world's automotive manufacturing has been gradually but steadily increasing over the past few years. As per the International Organization of Motor Vehicle Manufacturers, there was a 2.5 percent growth in global automotive output in 2023. Automakers and market sellers will continue to place a high value on the use of aluminum in lightening vehicles.

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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?
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
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