The global Metal Casting market was valued at 20916.24 Million USD in 2021 and will grow with a CAGR of 5.75% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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 obtainedAll 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. In terms of product type and technology, the classification of metal castings includes gray iron castings, ductile iron castings, steel castings, aluminum castings and other castings. In 2019, the proportion of gray iron castings in the production is about 40%. Metal castings are widely used in automobile industry, aviation industry, construction industry and energy industry. The automotive industry accounts for more than 27% of the market share, and the energy sector accounts for about 23%.

By Market Verdors:

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

By Types:

Gray Iron Castings

Ductile Iron Castings

Steel Casting

Aluminum Casting

By Applications:

Automotive Industry

Aviation Industry

Heavy Machinery

Energy Industry

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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