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The Asia Pacific metal casting market is expected to exhibit moderate growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Metal casting is the process of pouring hot liquid metal into a mold containing a hollow cutout, which then solidifies into the desired finished shape. The process is used for mass production of components that utilize permanent metal mold to produce large and complex parts with low wall thickness. Metal casting is mostly made of non-ferrous materials, like zinc, copper, aluminum, magnesium, lead, pewter, and tin-based alloys. In the Asia Pacific region, the demand for metal casting has escalated as it aids in improving energy efficiency and lowering the environmental impact.
The Asia Pacific metal casting market is primarily driven by the growing automotive industry, especially in countries like India, China, and Japan. Besides this, there has been an increasing demand for lightweight and electric vehicles due to the rising per capita incomes and growing environmental awareness among consumers. This has provided a positive impact on the metal casting market across the region. Apart from this, as China represents one of the largest automotive hubs in the world, with a strong presence of local and international OEMs, it plays an essential role in the growth of the market. Moreover, metal casting manufacturers have adopted simulation-based castings to create perfect defect-free products, which help in decreasing the wastage and reducing the costs of operations.
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific metal casting market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on process, material type, end use, component, vehicle type, electric & hybrid type, and application.
Breakup by Process:
Breakup by Material Type:
Breakup by End Use:
Automotive and Transportation Market: Breakup by Component:
Automotive and Transportation Market: Breakup by Vehicle Type:
Automotive and Transportation Market: Breakup by Electric and Hybrid Type:
Automotive and Transportation Market: Breakup by Application:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2020|
|Segment Coverage||Process, Material Type, End Use, Component, Vehicle Type, Electric and Hybrid Type, Application, Country|
|Countries Covered||China, Japan, India, South Korea, Australia, Indonesia, Others|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 2999
Corporate License: US$ 3999
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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