Metal Casting Market Size, Trends & Global Outlook, 2020-2027
Metal Casting Market report published by Value Market Research is an in-depth analysis of the market covering its size, share, value, growth and current trends for the period of 2020-2027 based on the historical data. This research report delivers recent developments of major players with their respective market share. In addition, it also delivers detailed analysis of regional and country market.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the metal casting market include POSCO, Dynacast, Arconic, Ryobi Ltd., Endurance Technologies Limited, Alcast Technologies, Uniabex, MES, Inc., CALMET, Hitachi Metals. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
The market is primarily driven by the increasing use of lightweight materials in the construction and automotive sector. Furthermore, the growing demand for complex products from various end-use industries is likely to propel the market. The final product can be used in construction equipment & machinery, heavy vehicles, curtain walling, door handles, windows, and roofing. In addition to this, rising demand for pans, pots, utensils, engines, piping, and automotive are the growth factors for the cast iron market. Demand for the grey iron metal is projected to increase over the years because of its applications in housing, engine blocks, cylinder heads, and enclosures. Its characteristics, such as stiffness, high thermal conductivity, and wear resistance, make it useful in such applications. On the contrary side, the high cost of initial setup may hamper the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of metal casting.
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Market Segmentation
The entire metal casting market has been sub-categorized into material and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Material
· Iron
· Steel
· Aluminum
· Others
By Application
· Automotive & Transportation
· Industrial
· Building & Construction
· Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for metal casting market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
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