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In 2020, the global Aluminum Casting market size was US$ 84930 million and it is expected to reach US$ 115210 million by the end of 2027, with a CAGR of 4.6% during 2021-2028.
Global Aluminum Casting Market Insights, Forecast to 2028
This Global Aluminum Casting Market Research Report Forecast 2022-2028 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope, and application of this report.
Top Leading Players in the Global Aluminum Casting Market are Alcoa, Dynacast International, Gibbs Die Casting, Ryobi, Martinrea Honsel, United Company Rusal, Nemak, Rockman Industries, Endurance, LTH, CHALCO, China Hongqiao, Guangdong Hongtu, Hongte, Wencan and others.
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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. The global aluminum casting market is relatively scattered, with Ryobi as the main manufacturer, and the top 15 manufacturers occupying about 5% of the market share. The Asia Pacific is the largest aluminum casting market with a market share of about 50%, followed by Europe with a market share of about 25%.
Alcoa Plans to Restart Curtailed Aluminum Smelting Capacity at Portland Aluminium in Australia
Alcoa Corporation (NYSE: AA) announced today that the Portland Aluminium joint venture plans to restart 35,000 metric tons per year (mtpy) of curtailed capacity at its aluminum smelter in the State of Victoria in Australia.
This report segments the global Aluminum Casting market based on Types are:
Die Casting Permanent Molding Casting Sand Casting Others
Based on Application, the Global Aluminum Casting market is segmented into:
Automotive Aerospace & Military Engineering Machinery General Industrial Machinery Others
Regional Analysis for Aluminum Casting Market:
– North America (the United States, Canada, and Mexico) – Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe) – Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia) – South America (Brazil, Argentina, Colombia, and the Rest of South America) – Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and the Rest of the Middle East & Africa) – Rest of the world
Crucial Elements from the Table of Contents of Global Aluminum Casting Market:
– Global Market Overview – Global Market Competition, Profiles/Analysis, Strategies – Global Market Capacity, Production, Revenue (Value) by Region (2016-2021) – Global Market Supply (Production), Consumption, Export, Import by Region (2016-2021) – Global Market Regional Highlights – Industrial Chain, Sourcing Strategy, and Downstream Buyers – Marketing Strategy Analysis, Distributors/Traders – Market Effect Factors Analysis – Market Decisions concerning the present scenario – Global Aluminum Casting Market Forecast (2022-2028) – Case Studies – Research Findings and Conclusion
The research includes historic data from 2016 to 2021 and forecasts until 2028 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Aluminum Casting Market report is a believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, market development rate and figure, and so on. The Aluminum Casting industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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