Metal Casting Market
- Published Date: Aug-2021 |
- 180 Pages |
- Report ID: CM0302
Metal Casting Market
The Metal Casting market is expected to grow from USD 24.65 billion in 2019 to USD 41.51 billion by 2025 at a CAGR of 9.07% from 2019 to 2025.
Metal casting technology offers several advantages; it helps in refining energy efficiency, lowering production costs, attractive environmental quality, and creating advanced new cast products. Owing 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. Additional, metal casting foundries rely on metal recycling as a cost-efficient source of raw material, which meaningfully 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 make different means for molding. These advanced casting technologies allow foundry researchers to produce defect-free castings and support them to explore complete phenomena associated with the new casting process parameters. Increasing stringency in emission & fuel efficiency regulations to drive the demand for aluminium, the key casting material in the automotive industry is trending the overall Metal Casting Market. But, High cost of casting materials such as aluminium, magnesium, and zinc will restrain the market growth.
The global market is segregated on the basis of Application as Engine Parts, Transmission Parts, and Body Assemblies. Based on Vehicle Type the market is segmented in HCV and Passenger Car. Based on the Electric & Hybrid Vehicle Type the market is segmented in HEV, PHEV, and BEV. Based on Material Type, the global market is segmented in Magnesium, Zinc, Others, Aluminum, and Cast iron. The report also bifurcates the market based on Process in Low-Pressure Die Casting (LPDC), Sand Casting, Gravity Casting, and High-Pressure Die Casting (HPDC). The report also bifurcates the global Component market is segmented in Flywheel Housing, Front Door Frame, Exhaust Manifold, Intake Manifold, Gearbox Housing, Ignition & Lock Housing, Oil Pan, Rear Door Frame, Alloy Wheels, and Battery Housing.
The global market report provides geographical analysis covering regions, such as North America, Europe, Asia-Pacific, and the Rest of the World. The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Nemak (Mexico), Ryobi Limited (Japan), Rheinmetall Automotive (Germany), GF Automotive (Switzerland), Ahresty Corporation (Japan), Dynacast (US), and others are among the major players in the market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
The global Metal Casting market has been segmented as below:
By Application
- Engine Parts
- Transmission Parts
- Body Assemblies
By Vehicle Type
- HCV
- Passenger Car
By Electric & Hybrid Vehicle Type
- HEV
- PHEV
- BEV
By Material Type
- Magnesium
- Zinc
- Others
- Aluminum
- Cast iron
By Process
- Low-Pressure Die Casting (LPDC)
- Sand Casting
- Gravity Casting
- High-Pressure Die Casting (HPDC)
By Component
- Flywheel Housing
- Front Door Frame
- Exhaust Manifold
- Intake Manifold
- Gearbox Housing
- Ignition & Lock Housing
- Oil Pan
- Rear Door Frame
- Alloy Wheels
- Battery Housing
- Cross Car Beam
- Clutch Casing
- Crank Cases
- Cylinder Heads
- Engine Block
- Differential Cover Housing
- Engine Mount
By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Metal Casting Market, By Company
- Nemak (Mexico)
- Ryobi Limited (Japan)
- Rheinmetall Automotive (Germany)
- GF Automotive (Switzerland)
- Ahresty Corporation (Japan)
- Dynacast (US)
The report covers the below scope:
- Global market sizes from 2019 to 2025, along with CAGR for 2020-2025
- Market size comparison for 2020 vs 2025, with actual data for 2020, estimates for 2021 and forecast from 2021 to 2025
- Global market trends, covering a comprehensive range of consumer trends & manufacturer trends
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the market
- Major market opportunities and challenges in forecast timeframe to be focused
- Competitive landscape with analysis of competition pattern, portfolio comparisons, development trends, and strategic management
- Comprehensive company profiles of the key industry players
The years considered for the study are as follows:
- Base year - 2019
- Estimated year - 2020
- Projected year - 2021
- Forecast period - 2021 to 2025
Report Scope:
The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers the analysis of regional and country-level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the market share. Major industry players with significant revenue share include Nemak (Mexico), Ryobi Limited (Japan), Rheinmetall Automotive (Germany), GF Automotive (Switzerland), Ahresty Corporation (Japan), Dynacast (US), and others.
Why to Buy this Report:
- Gain detailed insights on the Metal Casting industry trends
- Find a complete analysis of the market status
- Identify the market opportunities and growth segments
- Analyze competitive dynamics by evaluating business segments & product portfolios
- Facilitate strategy planning and industry dynamics to enhance decision making
Target Audience:
The report targeted the existing players in the industry is as follows:
- Market Manufacturers/Service Providers
- Market Wholesale/Traders
- Investment and Financial Institutions
Free and Paid Customization based on the requirement
Report Content
- Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
- Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
- Executive Summary
- Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
- Metal Casting Market, By Application
5.1 Introduction
5.2 Engine Parts
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Transmission Parts
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Body Assemblies
5.4.1 Market Overview
5.4.2 Market Size and Forecast
- Metal Casting Market, By Vehicle Type
6.1 Introduction
6.2 HCV
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Passenger Car
6.3.1 Market Overview
6.3.2 Market Size and Forecast
- Metal Casting Market, By Electric & Hybrid Vehicle Type
7.1 Introduction
7.2 HEV
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 PHEV
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 BEV
7.4.1 Market Overview
7.4.2 Market Size and Forecast
- Metal Casting Market, By Material Type
8.1 Introduction
8.2 Magnesium
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Zinc
8.3.1 Market Overview
8.3.2 Market Size and Forecast
8.4 Others
8.4.1 Market Overview
8.4.2 Market Size and Forecast
8.5 Aluminum
8.5.1 Market Overview
8.5.2 Market Size and Forecast
8.6 Cast iron
8.6.1 Market Overview
8.6.2 Market Size and Forecast
- Metal Casting Market, By Process
9.1 Introduction
9.2 Low-Pressure Die Casting (LPDC)
9.2.1 Market Overview
9.2.2 Market Size and Forecast
9.3 Sand Casting
9.3.1 Market Overview
9.3.2 Market Size and Forecast
9.4 Gravity Casting
9.4.1 Market Overview
9.4.2 Market Size and Forecast
9.5 High-Pressure Die Casting (HPDC)
9.5.1 Market Overview
9.5.2 Market Size and Forecast
- Metal Casting Market, By Component
10.1 Introduction
10.2 Flywheel Housing
10.2.1 Market Overview
10.2.2 Market Size and Forecast
10.3 Front Door Frame
10.3.1 Market Overview
10.3.2 Market Size and Forecast
10.4 Exhaust Manifold
10.4.1 Market Overview
10.4.2 Market Size and Forecast
10.5 Intake Manifold
10.5.1 Market Overview
10.5.2 Market Size and Forecast
10.6 Gearbox Housing
10.6.1 Market Overview
10.6.2 Market Size and Forecast
10.7 Ignition & Lock Housing
10.7.1 Market Overview
10.7.2 Market Size and Forecast
10.8 Oil Pan
10.8.1 Market Overview
10.8.2 Market Size and Forecast
10.9 Rear Door Frame
10.9.1 Market Overview
10.9.2 Market Size and Forecast
10.10 Alloy Wheels
10.10.1 Market Overview
10.10.2 Market Size and Forecast
10.11 Battery Housing
10.11.1 Market Overview
10.11.2 Market Size and Forecast
- Metal Casting Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 North America Market, By Application
11.2.2 North America Market, By Vehicle Type
11.2.3 North America Market, By Electric & Hybrid Vehicle Type
11.2.4 North America Market, By Material Type
11.2.5 North America Market, By Process
11.2.6 North America Market, By Component
11.3 Europe
11.3.1 Europe Market, By Application
11.3.2 Europe Market, By Vehicle Type
11.3.3 Europe Market, By Electric & Hybrid Vehicle Type
11.3.4 Europe Market, By Material Type
11.3.5 Europe Market, By Process
11.3.6 Europe Market, By Component
11.4 Asia-Pacific
11.4.1 Asia-Pacific Market, By Application
11.4.2 Asia-Pacific Market, By Vehicle Type
11.4.3 Asia-Pacific Market, By Electric & Hybrid Vehicle Type
11.4.4 Asia-Pacific Market, By Material Type
11.4.5 Asia-Pacific Market, By Process
11.4.6 Asia-Pacific Market, By Component
11.5 Rest of the World
11.5.1 Rest of the World Market, By Application
11.5.2 Rest of the World Market, By Vehicle Type
11.5.3 Rest of the World Market, By Electric & Hybrid Vehicle Type
11.5.4 Rest of the World Market, By Material Type
&a