Jul 19, 2022   SOURCE: BusinessWire

The Worldwide Aluminum Casting Industry is Expected to Reach $117 Billion by 2027 - ResearchAndMarkets.com

The "Aluminum Casting Market Research Report by Process (Die Casting, Permanent Mold Casting, and Sand Casting), End-Use, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Aluminum Casting Market size was estimated at USD 70.85 billion in 2021 and expected to reach USD 76.85 billion in 2022. The market is projected to grow at a CAGR 8.72% to reach USD 117.04 billion by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Aluminum Casting Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Aluminum Casting Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Aluminum Casting Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Aluminum Casting Market?

4. What is the competitive strategic window for opportunities in the Global Aluminum Casting Market?

5. What are the technology trends and regulatory frameworks in the Global Aluminum Casting Market?

6. What is the market share of the leading vendors in the Global Aluminum Casting Market?

7. What modes and strategic moves are considered suitable for entering the Global Aluminum Casting Market?

Market Dynamics

Drivers

  • Growing demand in the automobile industry globally
  • Rising military investment in lightweight weapon systems
  • Increasing industrial expansion in emerging economies

Restraints

  • Strict rules and guidelines laid down by the U.S. Environmental Protection Agency (EPA) and the European Environment Agency

Opportunities

  • Growing electric vehicles market in developed economies
  • Population growth and rapid urbanization leading to a large number of construction projects

Challenges

  • High capital investment requirement

Companies Mentioned

  • Alcast Technologies
  • Alcoa Corporation
  • Aluminum Corporation of China Limited
  • Arconic Inc.
  • Bodine Aluminum, Inc.
  • China Hongqiao Group
  • China Hongqiao Group Limited
  • Consolidated Metco, Inc.
  • Dynacast International LLC
  • Endurance Technologies Limited
  • Gibbs Die Casting Corporation
  • Kaiser Aluminum Corporation
  • Martinrea Honsel Germany GmbH
  • Nemak USA, Inc.
  • Rio Tinto Group
  • Rockman Industries
  • RUSAL
  • Ryobi Limited
  • Walbro LLC

For more information about this report visit https://www.researchandmarkets.com/r/lf7tzd