Title: Global Aluminum Die Casting Market – Industry Trends and Forecast to 2026
1Global Aluminum Die Casting Market
Global Aluminum Die Casting Market Industry
Trends and Forecast to 2026
Global Aluminum Die Casting Market By Process
(Pressure Die Casting, Others), Application
(Transportation, Industrial, Building
Construction, Telecommunication, Consumer
Durables, Energy, Others), Geography (North
America, South America, Europe, Asia-Pacific,
Middle East and Africa) Industry Trends and
Forecast to 2026. Global aluminum die casting
market is expected to rise to an estimated value
of USD 54.2 billion by 2026, registering an
substantial CAGR in the forecast period of
2019-2026
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2Market Definition
Die cast aluminium is nothing but a kind of
aluminium that are molted under high pressure
into the mold cavities. In the process of die
casting, metals are hardened and they are molded
into the required shapes. They can be produced
either with cold chamber process or with the hot
chamber process. It is a non-expendable technique
that is used in order to provide different
thickness, sizes and shapes. Die cast aluminum
is a kind of aluminum wherein metals are molted
under high pressure in the mold cavities. In the
die casting process, the metals are hardened and
the desired shapes are produced. Aluminum die
casting can be made with the use of either hot
chamber or cold chamber process.
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3Market Drivers
- Increasing demand in building and construction
sector in Asia-Pacific region is expected to
drive the market in the forecast period - Increase in automation in the die casting
industry has seen a surge in productivity this
factor will also propel the market growth in near
future - Technological advancements and innovation this
factor will also drive the market - Increased use of aluminium die casting for
various applications, will also drive the market
growth
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4Competitive Analysis
Global aluminum die casting market is highly
fragmented and the major players have used
various strategies such as new product launches,
expansions, agreements, joint ventures,
partnerships, acquisitions, and others to
increase their footprints in this market. The
report includes market shares of aluminum die
casting market for global, Europe, North America,
Asia-Pacific, South America and Middle East
Africa.
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5Major Market Competitors
- Alcoa Corporation
- Walbro, Consolidated Metco
- Inc.
- Dynacast
- GIBBS
- Ryobi Limited
- Aluminum Corporation of China Limited
- Martinrea Honsel Germany GmbH
- Endurance Technologies Limited
- Alcast Technologies
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6About Data Bridge Market Research
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