Aluminum Die Casting Market Size to Grow by 3163.64 Th MT

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30 Nov, 2021, 05:00 ET

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NEW YORK, Nov. 30, 2021 /PRNewswire/ -- The aluminum die casting market is set to grow by 3163.64 th MT, progressing at a CAGR of 6.35% from 2020 to 2025. The report offers a thorough analysis of the current market scenario, the latest trends and drivers, and the overall market environment.

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The aluminum die casting market is fragmented, and the degree of fragmentation is expected to accelerate during the forecast period. To take advantage of the present opportunities, market vendors should strengthen their position in the fast-growing segments while also maintaining their positions in the slow-growing segments.

The report covers the following areas:

Aluminum Die Casting Market 2021-2025: Segmentation

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Aluminum Die Casting Market 2021-2025: Vendor Analysis and Scope

To help businesses improve their market position, Technavio's report offers a detailed analysis of around 25 vendors operating in the market. Some of the main vendors of the aluminum die casting market include Alcast Technologies Ltd., Buhler AG, BUVO Castings BV, Consolidated Metco Inc., Endurance Technologies Ltd., Georg Fischer Ltd., Gibbs, Madison-Kipp Corp., Martinrea International Inc., and Ryobi Ltd.

Factors such as growing use of aluminum casting in the automotive industry, stringent regulations for environmental protection, and industrial expansion in emerging economies will offer immense growth opportunities. However, the volatile raw material price will impede market growth.

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Aluminum Die Casting Market 2021-2025: Regional Analysis

Technavio offers an updated analysis of the geography of the market as well as competitive intelligence and regional opportunities for vendors. According to our analysis, 51% of the market's growth is expected to originate from APAC during the forecast period. China and India are the key countries for the aluminum die casting market in the region. APAC is registering a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The stringent regulations for environmental protection will drive the aluminum die casting market growth in APAC.

Aluminum Die Casting Market 2021-2025: Key Highlights

Related Reports:

Aluminum Die Casting Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6.35%

Market growth 2021-2025

3163.64 th MT

Market structure

Fragmented

YoY growth (%)

5.42

Regional analysis

APAC, Europe, North America, MEA, and South America

Performing market contribution

APAC at 51%

Key consumer countries

China, India, US, Germany, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Alcast Technologies Ltd., Buhler AG, BUVO Castings BV, Consolidated Metco Inc., Endurance Technologies Ltd., Georg Fischer Ltd., Gibbs, Madison-Kipp Corp., Martinrea International Inc., and Ryobi Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/

SOURCE Technavio