Stratview Research has recently published a report on the Aluminum Die Casting Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2022 to 2028.

The market is segmented by Production Process Type (Pressure Die Casting [High Pressure Die Casting and Low Pressure Die Casting] and Others), by Application Type (Transportation [General Road Transportation, Sports Road Transportation, Heavy Vehicles, and Aerospace & Aviation], Industrial [Agricultural Equipment, Construction Equipment, and Others], Building & Construction, Telecommunication, Consumer Durables, Energy, and Others), by Chamber Process Type (Hot Chamber Aluminum Die Casting and Cold Chamber Aluminum Die Casting), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Aluminum Die Casting Market Analysis:

Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Aluminum Die Casting Market is estimated to growing from USD 69.8 billion in 2021 to reach USD 101.48 billion by 2028 at a CAGR of 5.44% during the forecast period.

Some of the companies drive the market growth:

  • Alcoa Corporation
  • Alcast Technologies
  • Consolidated Metco, Inc.
  • Dynacast
  • Ryobi Ltd.
  • Shiloh Industries
  • Aluminum Corporation of China Ltd.
  • George Fischer Ltd.
  • Martinrea Honsel Germany GmbH
  • Madison-Kipp Corporation.

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Segments Analysis

By Production Process Type:

The market is segmented as pressure die casting and others. The pressure die casting process type held more than 76.2% market share in 2021 and is expected to hold the major share of the market during the assessment period. The growth of the segment is owing to the characteristics offered by pressure die casting process such as smooth surface finish, higher dimension tolerance, along with excellent mechanical properties.

Regional Analysis:

The market is segmented into North America, Europe, Asia-Pacific, and Rest of the world. Among these regions, Asia-Pacific held more than 50.2% market share in 2021 and is expected to be dominant during the assessment period due to growing industrialization, progress in manufacturing activities, and surge in the demand for automobiles. 

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

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