Metal Casting Market Size to reach USD 302260 Million by 2027, Trend, Size, Share, Types, Applications, Growth and Top Countries Wise Analysis
Posted on Jun 22 2021 9:43 AM
Global “Metal Casting Market" Research Report 2021-2027:
Metal casting is a kind of metal forming object obtained by various casting methods, that is, the melted liquid metal is injected into the prepared mold by pouring, injection, inhalation or other casting methods. After cooling, it is ground and other follow-up processing methods, and the object with certain shape, size and performance is obtained
All major metals can be cast. The most common are iron, steel, aluminum, magnesium, zinc and copper based alloys. Metal casting methods include conventional molding process, precision molding process, chemical combined sand molding process, and innovative molding and casting technology.
Metal castings are used in automobiles, trucks, airplanes, trains, mining and construction equipment, oil wells, kitchenware, pipes, toys, space shuttles, wind turbines, nuclear power plants, tanks, bombs, etc.
In terms of product type and technology, the classification of metal castings includes gray iron castings, ductile iron castings, steel castings, aluminum castings and other castings. In 2019, the proportion of gray iron castings in the production is about 40%.
Metal castings are widely used in automobile industry, aviation industry, construction industry and energy industry. The automotive industry accounts for more than 27% of the market share, and the energy sector accounts for about 23%.
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Market Analysis and Insights: Global Metal Casting Market
The global Metal Casting market is valued at USD 232270 million in 2019. The market size will reach USD 302260 million by the end of 2026, growing at a CAGR of 5.9% during 2021-2026.
Global Metal Casting Scope and Segment
Metal Casting market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Metal Casting market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
This report contains systematic and point to point information regarding to Metal Casting Industry and growing due to growing requirements for quality inspection and surge in demand. It also provides pin-point analysis for changing competitive dynamics and provides healthy CAGR during the period 2027 and calculate the market size, Metal Casting Sales, Price, Revenue, Gross Margin and Market Share, cost structure and growth rate.
Metal Casting Market Analysis report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, threats, and global markets including progress trends, competitive landscape analysis, and key regions expansion status. This report is comprehensive numerical analyses of the Metal Casting industry and provides data for making strategies to increase the market growth and success. Metal Casting Market finds essential elements of the this market in light of present industry, this market requests, business methodologies used by Metal Casting Market players and the future prospects from different edges in detail.
The research covers the current Metal Casting market size of the market and its growth rates based on 6-year records with company outline of TOP KEY PLAYERS/MANUFACTURERS:
- Precision Castparts
- Hitachi Metals
- Xinxing Ductile Iron
- Amsted Rail
- Doosan Heavy Industries & Construction
- Hongtu Technology
- Kobe Steel
- ME Elecmetal
- Huaxiang Group
- Faw Foundry
- Gibbs Die Casting
- China Hongqiao
Final Report will add the analysis of the impact of COVID-19 on this industry.
By the product type, the Metal Casting market is primarily split into:
- Gray Iron Castings
- Ductile Iron Castings
- Steel Casting
- Aluminum Casting
By the end users/application, Metal Casting market report covers the following segments:
- Automotive Industry
- Aviation Industry
- Heavy Machinery
- Energy Industry
The key regions covered in the Metal Casting market report are:
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Metal Casting Market Size provides pin-point analysis for changing competitive dynamics and also provides a forward looking perspective on different factors driving or restraining market growth. Metal Casting Market Forecast of Six Years assessed on the basis of how the market is predicted to grow. It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments.
Key Reasons to Purchase:
- To gain insightful analyses of the market and have comprehensive understanding of the global Metal Casting market trend and its commercial landscape.
- Assess the production processes, major issues, and solutions to mitigate the development risk.
- To understand the most affecting driving and restraining forces in the market and its impact in the global Metal Casting market growth.
- Learn about the market strategies that are being adopted by leading respective organizations.
- To understand the future outlook and prospects for the Metal Casting market forecast.
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Table of Contents with Major Points:
Detailed TOC of Global Metal Casting Market Research Report 2021-2027, by Manufacturers, Regions, Types and Applications
1 Metal Casting Market Overview
1.1 Product Overview and Scope of Metal Casting
1.2 Metal Casting Segment by Type
1.3 Metal Casting Segment by Application
1.4 Global Metal Casting Market Size Estimates and Forecasts
1.5 Metal Casting Industry
1.6 Metal Casting Market Trends
2 Global Metal Casting Market Competition by Manufacturers
2.1 Global Metal Casting Sales Market Share by Manufacturers (2015-2021)
2.2 Global Metal Casting Revenue Share by Manufacturers (2015-2021)
2.3 Global Metal Casting Average Price by Manufacturers (2015-2021)
2.4 Manufacturers Metal Casting Manufacturing Sites, Area Served, Product Type
2.5 Metal Casting Market Competitive Situation and Trends
2.6 Manufacturers Mergers & Acquisitions, Expansion Plans
2.7 Primary Interviews with Key Metal Casting Players (Opinion Leaders)
3 Metal Casting Retrospective Market Scenario by Region
3.1 Global Metal Casting Retrospective Market Scenario in Sales by Region: 2015-2021
3.2 Global Metal Casting Retrospective Market Scenario in Revenue by Region: 2015-2021
3.3 North America Metal Casting Market Facts & Figures by Country
3.4 Europe Metal Casting Market Facts & Figures by Country
3.5 Asia Pacific Metal Casting Market Facts & Figures by Region
3.6 Latin America Metal Casting Market Facts & Figures by Country
3.7 Middle East and Africa Metal Casting Market Facts & Figures by Country
4 Global Metal Casting Historic Market Analysis by Type
4.1 Global Metal Casting Sales Market Share by Type (2015-2021)
4.2 Global Metal Casting Revenue Market Share by Type (2015-2021)
4.3 Global Metal Casting Price Market Share by Type (2015-2021)
4.4 Global Metal Casting Market Share by Price Tier (2015-2021): Low-End, Mid-Range and High-End
5 Global Metal Casting Historic Market Analysis by Application
5.1 Global Metal Casting Sales Market Share by Application (2015-2021)
5.2 Global Metal Casting Revenue Market Share by Application (2015-2021)
5.3 Global Metal Casting Price by Application (2015-2021)
6 Company Profiles and Key Figures in Metal Casting Business
7 Metal Casting Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Market Dynamics
9.1 Market Trends
9.2 Opportunities and Drivers
9.4 Porter's Five Forces Analysis
10 Global Market Forecast
10.1 Global Metal Casting Market Estimates and Projections by Type
10.2 Metal Casting Market Estimates and Projections by Application
10.3 Metal Casting Market Estimates and Projections by Region
10.4 North America Metal Casting Estimates and Projections (2021-2027)
10.5 Europe Metal Casting Estimates and Projections (2021-2027)
10.6 Asia Pacific Metal Casting Estimates and Projections (2021-2027)
10.7 Latin America Metal Casting Estimates and Projections (2021-2027)
10.8 Middle East and Africa Metal Casting Estimates and Projections (2021-2027)
11 Research Finding and Conclusion
12 Methodology and Data Source
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