Chicago, October 13, 2021/PRNewswire/--According to the new market research report "Aluminum by process (die casting, permanent die casting, sand casting), end-use sector (transportation, industry, building, and construction) Casting market "and regions (Asia-Pacific, Europe, North America, South America, MEA)-global forecast to 2026", released by MarketsandMarkets™, the global aluminum casting market in 2021 is estimated to be 70.4 billion U.S. dollars and is expected to reach 100.5 billion U.S. dollars By 2026, the compound annual growth rate will be 7.4%. Due to the increasing demand in the transportation, construction and construction, and industrial sectors, as well as the increase in disposable income in developing countries, the aluminum casting market is growing at a rapid rate. Increasing demand for consumer products and other end-uses The tendency to increase has also promoted the development of the market.
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During the forecast period, aluminum is expected to be the fastest-growing type in the plaster market.
Aluminum is the fastest-growing type segment of the clay plaster market. Aluminum stabilizes clay minerals by reducing the critical coagulation concentration, clay dispersion, water absorption and clay swelling, and increasing micro-aggregation. In 2020, in terms of value, it will account for approximately 27.9% of the plaster market
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It is expected that during the forecast period, the Asia-Pacific region will occupy the largest market share in the global plaster market.
The Asia-Pacific region will occupy the largest share of the plaster market in 2020. Due to the growing demand in roof, masonry and wall applications, the market in this region is growing. The market is also driven by foreign investment and supported by cheap labor and affordable raw materials.
American Clay Enterprises LLC (USA), Clayworks (India), Claytech Baustoffe Aus Lehm (UK), Conluto (Germany) and Clay.lt (Lithuania) are the world's leading plaster manufacturers.
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High-strength aluminum alloy market by end-use industry type (automotive and transportation, aerospace and defense, marine), alloy type (casting and forging), strength type (high and ultra-high strength) and region-global forecast 2023
https://www.marketsandmarkets.com/Market-Reports/high-strength-aluminum-alloy-market-47549886.html
Automotive aluminum market by product form (cast aluminum, rolled aluminum, and extruded aluminum), application (powertrain, chassis and suspension, and body), vehicle type (passenger car, LCV and HCV), and region-to Global forecast for 2026
https://www.marketsandmarkets.com/Market-Reports/automotive-aluminum-market-122258570.html
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