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Aluminum Die Casting Market to Reach US$ 40.60 Bn by 2030

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The global Aluminum Die Casting market is expected to grow at a CAGR of around 7.1% over the forecast period 2021 to 2030 and expected to reach the market value of around US$ 40.60 billion by 2030.

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Growth Factors

 The growth of the telecommunication sector, coupled with the increasing demand for lightweight materials from the automotive and aerospace industries, is expected to propel the market growth in the coming years.

Increasing usage of aluminum in various applications, such as transportation and telecommunication, is anticipated to boost market growth over the forecast period. A rising preference for high strength and lightweight castings is a prominent driving factor. In the transportation industry, manufacturers must comply with regulations to enhance fuel efficiency and reduce harmful emissions, which is possible by the incorporation of lightweight materials in the production of vehicles.

Report Coverage

Report Scope Details
Market Size USD 40.60 billion by 2030
Growth Rate CAGR of 7.1% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Production Process, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Alcast Technologies; BUVO Castings; Chongqing CHAL Precision Aluminium Co., Ltd.; Consolidated Metco, Inc.; Endurance Technologies Limited; FAIST Group; GF Casting Solutions; GIBBS; MartinreaHonsel Germany GmbH; Madison-Kipp Corporation; Ryobi Limited

By Production Process Analysis 

Pressure die casting held the highest revenue share of more than 78.0% in 2020. The large share is attributed to phenomenal characteristics provided by the process including easy filling of cavity, smooth surface finish, tighter dimension tolerance, and strong mechanical properties. The growing preference for pressure die casting is anticipated to propel the market growth, especially in the automotive sector, across the coming years.

Pressure die casting is further segmented into high and low, where the former dominated the market in 2020. The latter’s share is limited owing to the long casting cycle. High pressure die casting (HPDC) is preferred for delivering higher production rates and is thus extensively used in various industries.

By Application Analysis 

The transportation segment dominated the largest revenue share of more than 64.0% in 2020. Within the transportation segment, lightweight vehicles are considered to be the key factor behind the growth of aluminum products. The share of die-cast parts is expected to grow by nearly 4.9 kilograms by 2021.

The industrial segment held a significant revenue share in 2020. It comprises agricultural, construction, and mining equipment. The aluminum cast products are used in the components of the aforementioned machinery.

The product demand in the building and construction segment is dominated by the use of aluminum die-cast products in houses, with various applications such as door handles, roofing, curtain walling, and windows.

By Regional Analysis

Asia Pacific held the market and accounted for over 46.0%share of the global revenue in 2020. The region is characterized by the presence of skilled labor at low cost, which makes it the most lucrative region for manufacturers to set up production facilities. Moreover, a shift in the global production landscape toward South Asian countries is expected to positively influence the market growth over the forecast period.

North America is anticipated to witness steady growth across the forecast period. Emphasis on reaching pre-covid levels and the incorporation of sustainable solutions is anticipated to augment product demand in the region.

Key Players

  • Alcast Technologies
  • BUVO Castings
  • Chongqing CHAL Precision Aluminium Co., Ltd.
  • Consolidated Metco, Inc.
  • Endurance Technologies Limited
  • FAIST Group
  • GF Casting Solutions
  • GIBBS
  • MartinreaHonsel Germany GmbH
  • Madison-Kipp Corporation
  • Ryobi Limited

Market Segmentation

  • Production Process
    • Pressure Die Casting
      • High Pressure Die Casting
      • Low Pressure Die Casting
    • Others
  • Application
    • Transportation
      • General Road Transportation
      • Sports Road Transportation
      • Heavy Vehicles
      • Aerospace & Aviation
    • Industrial
      • Agricultural Equipment
      • Construction Equipment
      • Others
    • Building & Construction
    • Telecommunication
    • Consumer Durables
    • Energy
    • Others
  • Regional
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • Italy
      • Russia
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
    • Central & South America
      • Brazil
    • Middle East & Africa
      • South Africa

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Aluminum Die Casting Market, By Production Process

7.1.  Aluminum Die Casting Market, by Production Process, 2021-2030

7.1.1.    Pressure Die Casting

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Others

7.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Aluminum Die Casting Market, By Application

8.1.  Aluminum Die Casting Market, by Application, 2021-2030

8.1.1.    Transportation

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Industrial

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Building & Construction

8.1.3.1.        Market Revenue and Forecast (2017-2030)

8.1.4.    Telecommunication

8.1.4.1.        Market Revenue and Forecast (2017-2030)

8.1.5.    Telecommunication

8.1.5.1.        Market Revenue and Forecast (2017-2030)

8.1.6.    Consumer Durables

8.1.6.1.        Market Revenue and Forecast (2017-2030)

8.1.7.    Energy

8.1.7.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Aluminum Die Casting Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Production Process (2017-2030)

9.1.2.    Market Revenue and Forecast, by Application (2017-2030)

9.1.3.    U.S.

9.1.3.1.        Market Revenue and Forecast, by Production Process (2017-2030)

9.1.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.1.4.    Rest of North America

9.1.4.1.        Market Revenue and Forecast, by Production Process (2017-2030)

9.1.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Production Process (2017-2030)

9.2.2.    Market Revenue and Forecast, by Application (2017-2030)

9.2.3.    UK

9.2.3.1.        Market Revenue and Forecast, by Production Process (2017-2030)

9.2.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.4.    Germany

9.2.4.1.        Market Revenue and Forecast, by Production Process (2017-2030)

9.2.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.5.    France

9.2.5.1.        Market Revenue and Forecast, by Production Process (2017-2030)

9.2.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.6.    Rest of Europe

9.2.6.1.        Market Revenue and Forecast, by Production Process (2017-2030)

9.2.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Production Process (2017-2030)

9.3.2.    Market Revenue and Forecast, by Application (2017-2030)

9.3.3.    India

9.3.3.1.        Market Revenue and Forecast, by Production Process (2017-2030)

9.3.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.4.    China

9.3.4.1.        Market Revenue and Forecast, by Production Process (2017-2030)

9.3.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.5.    Japan

9.3.5.1.        Market Revenue and Forecast, by Production Process (2017-2030)

9.3.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.6.    Rest of APAC

9.3.6.1.        Market Revenue and Forecast, by Production Process (2017-2030)

9.3.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Production Process (2017-2030)

9.4.2.    Market Revenue and Forecast, by Application (2017-2030)

9.4.3.    GCC

9.4.3.1.        Market Revenue and Forecast, by Production Process (2017-2030)

9.4.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.4.    North Africa

9.4.4.1.        Market Revenue and Forecast, by Production Process (2017-2030)

9.4.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.5.    South Africa

9.4.5.1.        Market Revenue and Forecast, by Production Process (2017-2030)

9.4.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.6.    Rest of MEA

9.4.6.1.        Market Revenue and Forecast, by Production Process (2017-2030)

9.4.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Production Process (2017-2030)

9.5.2.    Market Revenue and Forecast, by Application (2017-2030)

9.5.3.    Brazil

9.5.3.1.        Market Revenue and Forecast, by Production Process (2017-2030)

9.5.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.5.4.    Rest of LATAM

9.5.4.1.        Market Revenue and Forecast, by Production Process (2017-2030)

9.5.4.2.        Market Revenue and Forecast, by Application (2017-2030)

Chapter 10.  Company Profiles

10.1.              Alcast Technologies

10.1.1.  Company Overview

10.1.2.  Production Process Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              BUVO Castings

10.2.1.  Company Overview

10.2.2.  Production Process Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              Chongqing CHAL Precision Aluminium Co., Ltd.

10.3.1.  Company Overview

10.3.2.  Production Process Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              Consolidated Metco, Inc.

10.4.1.  Company Overview

10.4.2.  Production Process Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

10.5.              Endurance Technologies Limited

10.5.1.  Company Overview

10.5.2.  Production Process Offerings

10.5.3.  Financial Performance

10.5.4.  Recent Initiatives

10.6.              FAIST Group

10.6.1.  Company Overview

10.6.2.  Production Process Offerings

10.6.3.  Financial Performance

10.6.4.  Recent Initiatives

10.7.              GF Casting Solutions

10.7.1.  Company Overview

10.7.2.  Production Process Offerings

10.7.3.  Financial Performance

10.7.4.  Recent Initiatives

10.8.              GIBBS

10.8.1.  Company Overview

10.8.2.  Production Process Offerings

10.8.3.  Financial Performance

10.8.4.  Recent Initiatives

10.9.              MartinreaHonsel Germany GmbH

10.9.1.  Company Overview

10.9.2.  Production Process Offerings

10.9.3.  Financial Performance

10.9.4.  Recent Initiatives

10.10.           Madison-Kipp Corporation

10.10.1.               Company Overview

10.10.2.               Production Process Offerings

10.10.3.               Financial Performance

10.10.4.               Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

Glossary of Terms

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