Global Metal Casting Market Growth 2023-2029

Global Metal Casting Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Metal Casting Industry Forecast” looks at past sales and reviews total world Metal Casting sales in 2022, providing a comprehensive analysis by region and market sector of projected Metal Casting sales for 2023 through 2029. With Metal Casting sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Metal Casting industry.

This Insight Report provides a comprehensive analysis of the global Metal Casting landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Metal Casting portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Metal Casting market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Metal Casting and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Metal Casting.

The global Metal Casting market size is projected to grow from US$ 221990 million in 2022 to US$ 336460 million in 2029; it is expected to grow at a CAGR of 336460 from 2023 to 2029.

China is the largest Metal Casting market with about 42% market share. Europe is follower, accounting for about 18% market share.

The key players are Precision Castparts, Hitachi Metals, Xinxing Ductile Iron, Amsted Rail, Weichai, Ryobi, Doosan Heavy Industries & Construction, Dicastal, Nemak, Alcoa, Hongtu Technology, Kobe Steel, ME Elecmetal, Huaxiang Group, Faw Foundry, Sinojit, Gibbs Die Casting, Endurance, CHALCO, China Hongqiao, HongTeo, WenCan etc. Top 3 companies occupied about 15% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Metal Casting market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Gray Iron Castings

Ductile Iron Castings

Steel Casting

Aluminum Casting

Others

Segmentation by application

Automotive Industry

Aviation Industry

Heavy Machinery

Energy Industry

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Precision Castparts

Hitachi Metals

Xinxing Ductile Iron

Amsted Rail

Weichai

Ryobi

Doosan Heavy Industries & Construction

Dicastal

Nemak

Alcoa

Hongtu Technology

Kobe Steel

ME Elecmetal

Huaxiang Group

Faw Foundry

Sinojit

Gibbs Die Casting

Endurance

CHALCO

China Hongqiao

HongTeo

WenCan

Key Questions Addressed in this Report

What is the 10-year outlook for the global Metal Casting market?

What factors are driving Metal Casting market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Metal Casting market opportunities vary by end market size?

How does Metal Casting break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.


*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global Metal Casting by Company
4 World Historic Review for Metal Casting by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Metal Casting by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion

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