Market Research : Aluminum Casting Market Globally Grow at a CAGR of 5.87% by Revenue During the Period 2017-2021

Aluminum casting is a process of melting aluminum and injecting it into a hollow mold to get the desired shape. Aluminum castings are used in numerous applications due to multiple advantages like high tensile strength, molded inserts, fine surface finish and high heat resistivity.

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Aluminum cast components are used to manufacture sub-assemblies of vehicles, planes, and trains. These castings are also used in industries such as mining, construction, and electrical and electronics. The high demand for aluminum castings from small appliance part manufacturers and the automotive and machinery industries will boost the growth of the global aluminum casting market during the forecast period. The growing demand for lightweight and fuel-efficient vehicles is also a major factor contributing to the growth of the market.

Technavios analysts forecast the global aluminum casting market to grow at a CAGR of 5.87% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global aluminum casting market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography:
Americas
APAC
Europe
ROW

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Technavio's report, Global Aluminum Casting Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Alcoa
Consolidated Metco
Dynacast
Gibbs Die Casting
Ryobi

Other prominent vendors
Alcast Technologies
Bodine Aluminum
CAF Innovative Shapecasting
Cosma International
Leggett & Platt Office Components
Martinrea Honsel Germany

Market driver
Rising demand from automobile industry and OEM manufacturers
For a full, detailed list, view our report

Market challenge
Fluctuations in LME prices
For a full, detailed list, view our report

Market trend
Increasing mergers and collaboration
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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