Aluminum Die Casting Market Size, Share, Segmentation, Global Industry Overview, Revenue, Trends, Growth, Opportunity Forecast 2028

Aluminum Die Casting Market Information, Segmentation, Trends and SWOT Analysis Including Key Players Alcast Technologies Ltd., Beyonics Pte Ltd., BUVO Castings, Consolidated Metco Inc., Dynacast Deutschland GmbH, Endurance Technologies Limited, FAIST Ltd. Holdings

This press release was orginally distributed by SBWire

London, UK — (SBWIRE) — 01/16/2023 — The Global Aluminum Die Casting Market is a rapidly growing industry characterized by the increasing involvement of major manufacturers and expanding customer base. This growth is being driven by various factors, such as the rapid industrial development in key markets, the growing consumer demand for automotive and industrial components, and a range of other market dynamics.

The latest edition of the Global Aluminum Die Casting Market Report estimates that the global aluminum die casting market will reach a total of USD 29,547 million by 2028, with an average annual growth rate of 5.4% over the forecast period.

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The research study includes profiles of leading companies operating in the global Aluminum Die Casting industry
Alcast Technologies Ltd.
Beyonics Pte Ltd.
BUVO Castings
Consolidated Metco Inc.
Dynacast Deutschland GmbH
Endurance Technologies Limited
FAIST Ltd. Holdings
GF Casting Solutions
Gibbs Die Casting Corporation
Madison-Kipp Corporation
Martinrea Honsel Germany GmbH
Minda Corporation Ltd.
Ryobi Limited
Shiloh Industries Inc.
Walbro LLC

Aluminum is the main material used for die casting in the automotive, industrial, and consumer goods sectors and has become increasingly popular thanks to its lightweight yet robust and versatile nature. This is seeing increased use due to its inherent flexibility for die casting in virtually any size and shape. The use of Aluminum die castings in the automotive and industrial sectors is expected to remain strong due to the increasing demand for robust and lightweight components.

The use of Aluminum die castings is also being driven by the wide availability of plastic and rubber components, which are often considered less durable or efficient than their aluminum counterparts. This increased demand is being fueled by the need for improved structural integrity and the subsequent reduction in maintenance costs. Moreover, customer preferences are now gravitating towards lighter and stronger components over traditional materials, leading to an increase in the demand for aluminum die castings.

In addition, the increasing global demand for customized products has seen an ascent in the demand for aluminum die casting. Customers are now looking for components that range from simple parts to complex structures that are often made using high-precision die casting technology. This has caused an increase in the usage of aluminum die castings across various applications.

The Aluminum Die Casting Market Major Segments and Subsegments Listed Below

By Process:
Pressure Die Casting (High Pressure Die Casting, Low Pressure Die Casting)
Others

By Application:
Building And Construction
Consumer Durables
Energy
Industrial
Telecommunication
Transportation
Others

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In terms of geographical spread, Asia-Pacific is expected to dominate the Global Aluminum Die Casting Market for the foreseeable future. Growing automotive industries across countries like China and India, along with the increasing presence of manufacturers from these countries in the global market, will boost demand.

Increasing technological advances in various segments of the industry are also expected to increase demand. Automation has become increasingly prevalent and is expected to further drive penetration of die castings in various applications.

TABLE OF CONTENTS

PART 1. INTRODUCTION
Report description
Objectives of the study
Market segment
Years considered for the report
Currency
Key target audience

PART 2. METHODOLOGY

PART 3. EXECUTIVE SUMMARY

PART 4. MARKET OVERVIEW
Introduction
Drivers
Restraints
Impact of COVID-19 pandemic

PART 5. MARKET BREAKDOWN BY PROCESS
Pressure die casting (high pressure die casting, low pressure die casting)
Others

PART 6. MARKET BREAKDOWN BY APPLICATION
Building and construction
Consumer durables
Energy
Industrial
Telecommunication
Transportation
Others

PART 7. MARKET BREAKDOWN BY REGION
Asia Pacific
Europe
North America
Rest of the World (RoW)

PART 8. KEY COMPANIES

In conclusion, the Global Aluminum Die Casting Market is set to continue its growth over the forecast period. Differing consumer preferences, increasing demand for customized components, and improving technological capabilities are all expected to drive demand across key end-use industries.

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