Global Metal Casting Market size was valued at US$ 29.83 Bn. in 2021 and the total revenue is expected to grow at 18.9 % through 2022 to 2029, Metal Casting Market is reaching nearly US$ 119.16 Bn. by 2029.
Metal Casting Market Overview
The report by Maximize Market Research focuses on the Metal Casting market and provides an in-depth analysis by segments and sub-segments in global and regional markets. The report also includes drivers, restraints, and macro factors affecting the global and regional Metal Casting markets in the medium and long run. The research includes an in-depth analysis of the global Metal Casting market's trends, predictions, and monetary values. According to the report, between the years 2021 and 2029, the global Metal Casting market is predicted to grow at a significant CAGR.
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Metal Casting Market Scope
The report focuses on the major key drivers and restraints of the Metal Casting Market, as well as the current competitive benchmarking and development prospects. The report provides current Metal Casting market trends and future insights in terms of demand, supply chain, and sales, as well as recent changes in the market. Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, Gross Margin & Sales by Product are all included in the Metal Casting market research report. For the competitive analysis, the report includes the profile of the key market players in the Metal Casting market including company overview, financial performance, product portfolio, and strategies. SWOT and PESTLE analysis were used for the research that combines quantitative and qualitative research methods.
Metal Casting Market Segmentation
The market is divided into four sub-sectors based on material type: aluminium, cast iron, magnesium, and zinc, as well as others. The iron casting segment held the largest market share in 2021 in terms of volume, with 70.2%. The majority of demand in this field is anticipated to come from emerging markets, particularly in the oil and gas, construction, and automotive industries. Investors will probably keep concentrating on finished casting products. The MMR data shows that production of iron casting increased in 2021 over 2020 by 0.11%.
The market is divided into four sub-segments based on application: Automobile & transportation, Industrial, building & construction, and Others. The automotive and transportation sector is anticipated to expand at a CAGR of 5.4% in 2021 compared to the projected period. The production of cars has been increasing in the world slowly but steadily over the past few years. The International Organization of Motor Vehicle Manufacturers estimates that in 2021, the world's automobile output climbed by 2.5%. Automakers and market vendors will continue to place a lot of emphasis on using aluminium to reduce weight.
1. Global Metal Casting Market : Research Methodology
2. Global Metal Casting Market : Executive Summary
2.1. Market Overview and Definitions
2.1.1. Introduction to Global Metal Casting Market
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry
3. Global Metal Casting Market : Competitive Analysis
3.1. MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2. Consolidation in the Market
3.2.1 M&A by region
3.3. Key Developments by Companies
3.4. Market Drivers
3.5. Market Restraints
3.6. Market Opportunities
3.7. Market Challenges
3.8. Market Dynamics
3.9. PORTERS Five Forces Analysis
3.10. PESTLE
3.11. Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• Latin America
3.12. COVID-17.6 Impact
Metal Casting Market Key Players
• Nemak
• Ryobi Limited
• GF Automotive
• Rheinmetall Automotive
• Ahresty Corporation
• Dynacast
• Endurance
• Mino Industrial
• Aisin Automotive Casting
• Gibbs Die Casting
• Georg Fischer Ltd
• Precision Castparts Corp
• Alcast Technologies
• FORCEBEYOND
• Reliance Foundry Co. Ltd
Regional Analysis
Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America are the five regions that make up the Metal Casting market. The regional analysis provided in the report helps understand the Metal Casting market in different regions. Every region has different factors such as political, geographic, economic, etc. which are affecting the Metal Casting market. Local and regional development plans are often affected by the performance of the Metal Casting market. The reports help in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions in the market.
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Key Questions answered in the Metal Casting Market Report are:
- What is Metal Casting Market?
- What is the forecast period of the Metal Casting Market?
- What is the competitive scenario of the Metal Casting market?
- Which region held the largest market share in the Metal Casting Market?
- What are the opportunities for the Metal Casting Market?
- What are the restraining factors in the Metal Casting market?
- Who are the key players of the Metal Casting market?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Metal Casting
- Landscape- Leading key players and other prominent key players.
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