Metal Casting Market

“Metal Casting Market: Global Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the global metal casting market. Metal casting refers to an industrial process that is utilized to construct a desired geometrical shape by pouring high-temperature molten metal into a hollow cavity. This is widely used to produce ingots and complex and large metal objects, such as automotive parts, generators, munitions, and compressors. It offers detailed designs and customization by further eliminating the requirement of additional fabrication.

The global market is primarily driven by the increasing utilization of aluminum in the aerospace, automotive, and construction sectors. Since aluminum is lightweight and cost-effective with excellent thermal and electrical conductivity, it is widely utilized for numerous application segments across these industries, which, in turn, is creating a positive outlook for the market. Along with this, rapid industrialization and increasing government investments in the construction sector are further contributing to the market growth. 

Beginning with a global overview, the report explores the dynamics that have a strong influence on the metal casting market and can also impact its future growth. Taking 2021 as the base year, the report covers historical market scenario from 2016-2021 and provides forecasts till 2027. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the metal casting market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. For each of these regions, the report studies the metal casting market in detail for latest trends, outlook and opportunities.

The report analyses the competitive structure of the metal casting industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the metal casting industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the metal casting industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the metal casting industry. Furthermore, the value chain analysis of the metal casting industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

Key Segments and Highlights of the Global Metal Casting Market 

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis
• Market Breakup by Type
• Market Breakup by End-Use
• Market Breakup by Region
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

• Key players         

The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the metal casting industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analysed and presented in the form of easily comprehensible charts, graphs and tables.