The latest report by IMARC, titled “Aluminum Die Casting Market Report by Process (Pressure Die Casting, Vacuum Die Casting, Squeeze Die Casting, Semisolid Die Casting), Application (Body Parts, Engine Parts, Transmission Parts, and Others), End Use (Transportation, Industrial, Building & Construction, Telecommunication, Consumer Durables, Energy, and Others), and Region 2024-2032”, finds that the global aluminum die casting market is expected to exhibit a CAGR of 3.9% during the forecast period (2024-2032). Aluminum die casting refers to the procedure that manufactures defined, geometrically complex, accurate, and textured-surface metal parts. Aluminum is the most used alloy for this procedure, as it is lightweight and exhibits high-dimensional stability for manufacturing low-density and durable products. Aluminum possesses high corrosion resistance, durability, electrical and thermal conductivity, stiffness, and outstanding strength-to-weight ratio as compared to other metal alloys. In recent years, aluminum die casting has gained momentum as it is extensively used in numerous industry verticals, such as automotive, transportation, electrical and electronics, building and construction, telecommunication, consumer durables, and energy, and others.
Global Aluminum Die Casting Market Trends:
One of the primary factors driving the market is the widespread utilization of die casting parts in the automotive industry, along with the augmenting demand for aluminum casts in the electronics and electrical sectors. Additionally, the significant growth in the construction equipment sector and the current energy conservation trends across developing areas, such as MENA, APAC, and Latin America, are positively influencing the market growth. Besides this, rapid industrialization across developing nations, such as China and India, is escalating the demand for aluminum casts in the telecommunications and energy sectors. Moreover, extensive investments in research and development (R&D) activities by key players have led to the launch of enhanced casting technology, digital machinery, and high precision that are heavily used for improving the quality and durability of aluminum casts for electronic, automobile, and industrial applications.
Market Summary:
- Based on the process, the market has been divided into pressure, vacuum, squeeze, and semisolid die casting.
- On the basis of the application, the market has been segmented into body parts, engine parts, transmission parts, and others.
- Based on the end use, the market has been segregated into transportation, industrial, building and construction, telecommunication, consumer durables, energy, and others.
- Region-wise, the market has been classified into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
- The competitive landscape of the market has also been analyzed, with some of the key players being Alcast Technologies Ltd., Alcoa Corporation, Bodine Aluminum Inc., Consolidated Meto Inc., Dynacast Deutschland GmbH, GF Casting Solutions, Gibbs Die Casting Corporation, Martinrea Honsel Germany GmbH, Rheinmetall Automotive AG, Ryobi Die Casting Dalian Co. Ltd., Shiloh Industries Inc., and Walbro LLC.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Segment Coverage |
Process, Application, End Use, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
Alcast Technologies Ltd., Alcoa Corporation, Bodine Aluminum Inc., Consolidated Metco Inc., Dynacast Deutschland GmbH, GF Casting Solutions, Gibbs Die Casting Corporation, Martinrea Honsel Germany GmbH, Rheinmetall Automotive AG, Ryobi Die Casting Dalian Co., Ltd., Shiloh Industries Inc., and Walbro LLC |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 |
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) |
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group
30 N Gould St, Ste
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800