Aug 28, 2019   SOURCE: BusinessWire

$35 Billion Metal Casting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 - ResearchAndMarkets.com

The "Metal Casting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

The global metal casting market was worth US$ 22.1 Billion in 2018 and is expected to reach a value of US$ 35.4 Billion by 2024, registering a CAGR of around 8% during 2019-2024.

Metal casting is a process in which molten metal is poured into a hollow container of desired geometrical shape to form a solidified part. There are many reliable and effective metal casting materials such as, gray iron, ductile iron, aluminum, steel, copper and zinc.

Metal casting can produce objects with complex shapes and is cheaper compared to other manufacturing processes for medium to large quantities of castings produced. Cast metal products are an integral part of the human life and economy as they are found in 90% of the manufactured goods and equipment, ranging from home appliances and surgical equipment to critical components for aircraft and automobiles.

Metal casting technology offers numerous advantages; it aids in improving energy efficiency, lowering production costs, enhancing environmental quality, and creating innovative new cast products. Due to these advantages, it is used in pipes and fittings, mining and oilfield machinery, internal combustion engines, railroads, valves and farm equipment, which depend heavily on casting to create uniform products.

Further, metal casting foundries rely on metal recycling as a cost-efficient source of raw material, which significantly reduces scrap metal. Besides this, the ongoing research in the field of metal casting ensures innovations and improvements in the casting process, including the development in lost foam casting and computer-based visualization tools for die casters to create alternative means for molding. These advanced casting technologies allow foundry researchers to produce defect-free castings and help them to explore detailed phenomena associated with the new casting process parameters.

Moreover, the deteriorating environmental conditions have prompted manufacturers to formulate simulation-based castings to reduce wastage and operational costs.

Key Questions Answered in This Report:

  • How has the global metal casting market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global metal casting industry?
  • 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 components?
  • 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 global metal casting industry?
  • What are the key driving factors and challenges in the global metal casting industry?
  • What is the structure of the global metal casting industry and who are the key players?
  • What is the degree of competition in the global metal casting industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.4 Market Estimation

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Metal Casting Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Breakup by Process

5.4 Market Breakup by Material Type

5.5 Market Breakup by Components

5.6 Market Breakup by Vehicle Type

5.7 Market Breakup by Electric and Hybrid Type

5.8 Market Breakup by Application

5.9 Market Breakup by Region

5.10 Market Forecast

6 Market Breakup by Process

6.1 Gravity Casting

6.2 High-Pressure Die Casting

6.3 Low-Pressure Die Casting

6.4 Sand Casting

7 Market Breakup by Material Type

7.1 Aluminum

7.2 Cast Iron

7.3 Magnesium

7.4 Zinc

7.5 Others

8 Market Breakup by Components

8.1 Alloy Wheels

8.2 Battery Housing

8.3 Clutch Casing

8.4 Cross Car Beam

8.5 Crank Case

8.6 Cylinder Head

8.7 Others

9 Market Breakup by Vehicle Type

9.1 Passenger Car

9.2 Light Commercial Vehicle

9.3 Heavy Commercial Vehicle

10 Market Breakup by Electric and Hybrid Type

10.1 Hybrid Vehicle

10.2 Plug-In Electric Hybrid

10.3 Battery Electric Vehicle

11 Market Breakup by Application

11.1 Body Assemblies

11.2 Engine Parts

11.3 Transmission Parts

11.4 Others

12 Market Breakup by Region

13 SWOT Analysis

13.1 Overview

13.2 Strengths

13.3 Weaknesses

13.4 Opportunities

13.5 Threats

14 Value Chain Analysis

15 Porter's Five Forces Analysis

15.1 Overview

15.2 Bargaining Power of Buyers

15.3 Bargaining Power of Suppliers

15.4 Degree of Competition

15.5 Threat of New Entrants

15.6 Threat of Substitutes

16 Price Analysis

17 Competitive Landscape

17.1 Market Structure

17.2 Key Players

17.3 Profiles of Key Players

17.3.1 Nemak

17.3.2 GF Automotive

17.3.3 Dynacast

17.3.4 Ryobi Limited

17.3.5 Rheinmetall Automotive

17.3.6 Endurance

17.3.7 Ahresty Corporation

17.3.8 Gibbs Die Casting

17.3.9 Aisin Automotive Casting

17.3.10 Mino Industrial

17.3.11 Thyssenkrupp

17.3.12 Toshiba Machine

For more information about this report visit https://www.researchandmarkets.com/r/ob1580