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Sheridan, Alabama, USA, November 18, 2021/EINPresswire.com/-According to the latest report of IMARC Group, entitled "Indian Metal Foundry Market: Industry Trends, Share, Scale, Growth, Opportunities, and Forecasts 2021-2026 ". The Indian metal casting market is expected to show moderate growth between 2021-2026.

Metal casting is a process in which a mold with a cavity is used to obtain the desired geometry. It facilitates mass production of large and complex parts while using low melting point alloys. Other non-ferrous metals can also be used, including zinc, lead, tin, copper, aluminum, magnesium, and tin-based alloys. At present, metal casting is widely used in India because it is cost-effective and reduces the waste of scrap metal.

With the new coronavirus (COVID-19) crisis sweeping the world, we continue to pay attention to market changes and the buying behavior of global consumers-we estimate the latest market trends and forecast values ​​after considering the impact of this epidemic. These opinions will be included in the report.

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Indian metal casting market trends:

Due to strict government regulation to minimize carbon emissions, India’s growing demand for light vehicles is one of the key factors that stimulate market growth. At the same time, the booming automobile industry and rapid urbanization are affecting the demand for construction equipment. Therefore, the sales volume of metal castings in the country has increased. In addition, as environmental problems intensify, leading manufacturers are launching electric vehicles, which are expected to promote market growth.

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Analysis and segmentation of the Indian metal casting market in 2021-2026:

Gravity Casting High Pressure Die Casting (HPDC) Low Pressure Die Casting (LPDC) Sand Casting

Market segmentation by material type:

Aluminum cast iron magnesium zinc other

Alloy Wheel Hub Battery Shell Clutch Shell Cross Beam Crankcase Cylinder Head Others

Market segmentation by vehicle type:

Passenger car light commercial vehicle heavy commercial vehicle

Market segmentation by type of electric and hybrid:

Hybrid Electric Vehicle (HEV) Plug-in Hybrid Electric Vehicle (PHEV) Pure Electric Vehicle (BEV)

Body Assembly Engine Parts Transmission Parts Others

The competitive landscape of North India, West India and Central India, South India and East India:

The competitive landscape of the industry and the profiles of the main players have also been reviewed.

The main highlights of the report:

Market Performance (2014-2019) Market Outlook (2020-2025) Porter's Five Forces Analysis of Market Drivers and Success Factors SWOT Analysis of Value Chain Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.

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IMARC Group is a leading market research company that provides management strategy and market research on a global scale. We work with customers in all industries and regions to identify their most valuable opportunities, respond to their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-tech organizations. Market forecasts and industry analysis of biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are the company's top expertise.

Elena Anderson IMARC Services Private Limited 1 6317911145 Email us here

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