Metal Casting Market

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Metal Casting Market To Reach USD 193.53 Billion
By 2027
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Market Summary
The growing demand for casting in the automobile
sector, stringent emission norms, and increasing
energy efficiency requirements in vehicles are
driving the need for the market. Market Size
USD 130.88 Billion in 2019, Market Growth - CAGR
of 5.4, Market Trends High demand from
developing nations. The global Metal Casting
market is forecast to reach USD 193.53 Billion by
2027, according to a new report by Reports and
Data. The market is witnessing a surge in demand
owing to the rising prevalence of the emission
norms encouraging the use of the metal casting
process, and increasing demand in the automobile
sector. Moreover, the increasing trend of
lightweight vehicles is fostering the market's
demand. However, the high capital required for
the setup is hampering the market's demand.
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Our Approach
Market Summary

• A rise in the trend in urbanization is a critical
  factor in the growth of the housing and
  infrastructure sectors. First-time homebuyers are
  encouraged and funded to cause the development of
  the building design industry. Governments in
  various countries provide opportunities and
  support to meet the housing needs of the
  increasing population.
• The use of lightweight casting materials,
  including magnesium and aluminum alloy, will
  minimize the weight of the body and frame by up
  to 50. Consequently, to meet the European Union
  (EU) and US Environmental Protection Agency
  (EPA)'s strict pollution, and fuel efficiency
  goals, the use of lightweight materials (Al, Mg,
  Zn others) has increased in the automotive
  sector.
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Our Approach
Market Summary

• Key participants include Dynacast Ltd., Ryobi
  Limited, Gibbs (Koch Enterprises Inc.), POSCO,
  CALMET, Hitachi Metals, MES Inc., Alcast
  Technologies, Arconic, and Uniabex, among others.
• For the purpose of this report, Reports and Data
  have segmented into the global Hospital Equipment
  and Supplies market on the basis of process type,
  material, application, and region
• Process Type Outlook (Revenue, USD Billion
  2017-2027)
• Gravity Casting
• High-Pressure Die Casting
• Low-Pressure Die Casting
• Sand Casting
• Material Outlook (Revenue, USD Billion
  2017-2027)
• Cast Iron
• Aluminum
• Zinc
• Magnesium
• Others

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Our Approach
Market Summary

• Application Outlook (Revenue, USD Billion
  2017-2027)
• Automotive
• Industries
• Building Construction
• Others
• Regional Outlook (Revenue, USD Million
  2019-2026, and Volume Metric Tons-2026)
• North America
• Europe
• Asia Pacific
• Middle East Africa
• Latin America
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About Us
Our Approach
About Us

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