India Metal Casting Market Size, Share and Industry Analysis 2022-2027

Press Release:

India Metal Casting Market to Grow at 6.8% During 2022-2027, Impelled by Growing Manufacturing and Sales of Automobiles

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India Metal Casting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The India metal casting market is expected to exhibit a CAGR of 6.8% during 2022-2027. 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 obtaining a desired geometrical shape by pouring hot liquid metal into a mold that contains a hollow cutout or cavity. This technique is used for the mass production of large and complex components while utilizing alloys with low melting points. Metal casting can be done with non-ferrous metals such as zinc, copper, aluminum, magnesium, lead, pewter, and tin-based alloys. In India, metal casting is extensively used as it is cost-efficient and significantly reduces the amount of wasted scrap metal.

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India represents one of the largest metal casting markets in the Asia Pacific region. The market is primarily driven by the rising demand for lightweight vehicles in the country due to the inflating incomes of consumers. The growing automotive industry and rapid urbanization and industrialization have also created a need for construction equipment. This is expected to increase the demand for metal castings across the country. Besides this, rising environmental concerns have prompted manufacturers to introduce electric vehicles as a result of the increasing environmental awareness, which is stimulating the market growth. Moreover, the process of metal casting forms an integral part in the goods and equipment industry to produce a wide variety of home appliances, surgical instruments and critical components for aircraft and automobiles.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India metal casting market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on process, material type, end use, component, vehicle type, electric and hybrid type, and application.

Breakup by Process:

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Sand Casting
Gravity Casting
High-Pressure Die Casting (HPDC)
Low-Pressure Die Casting (LPDC)
Others

Breakup by Material Type:

Cast Iron
Aluminum
Steel
Zinc
Magnesium
Others

Breakup by End Use:

Automotive and Transportation
Equipment and Machine
Building and Construction
Aerospace and Military
Others

Automotive and Transportation Market: Breakup by Component:

Alloy Wheels
Clutch Casing
Cylinder Head
Cross Car Beam
Crank Case
Battery Housing
Others

Automotive and Transportation Market: Breakup by Vehicle Type:

Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles

Automotive and Transportation Market: Breakup by Electric and Hybrid Type:

Hybrid Electric Vehicles (HEV)
Battery Electric Vehicles (BEV)
Plug-In Hybrid Electric Vehicles (PHEV)

Automotive and Transportation Market: Breakup by Application:

Body Assemblies
Engine Parts
Transmission Parts
Others

Breakup by Region:

North India
West and Central India
South India
East India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2021
Historical Period	2016-2021
Forecast Period	2022-2027
Units	US$ Million
Segment Coverage	Process, Material Type, End Use, Component, Vehicle Type, Electric and Hybrid Type, Application, Region
Region Covered	North India, West and Central India, South India, East India
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2299 Five User License: US$ 3399 Corporate License: US$ 4499
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)

Key Questions Answered in This Report:

How has the India metal casting market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the India metal casting market?
What are the key regional markets?
What is the breakup of the market based on the process?
What is the breakup of the market based on the material type?
What is the breakup of the market based on the end use?
What is the breakup of the market based on the component?
What is the breakup of the market based on the vehicle type?
What is the breakup of the market based on the electric and hybrid type?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the India metal casting market and who are the key players?
What is the degree of competition in the industry?

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Press Release:

India Metal Casting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

Key Market Segmentation:

Competitive Landscape:

Report Coverage:

Key Questions Answered in This Report:

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India Metal Casting Market

Press Release:

India Metal Casting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

Key Market Segmentation:

Competitive Landscape:

Report Coverage:

Key Questions Answered in This Report:

Need more help?

Related Report

Social Links

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