Asia-Pacific Aluminum Casting Market – Industry Trends and Forecast to 2027
Aluminum casting market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing at a CAGR of 9.0% in the forecast period of 2020 to 2027 and expected to reach USD 67,727.88 million by 2027. Growing investment in automobile industry adopts the utilization of aluminum casting products are the factors for the market growth.
Asia-Pacific region is dominating due to increasing in the production of aluminium products and it is the reason why the casting process is very much dominating in China as the country is leading the highest production of aluminium
This aluminum casting market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
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Asia-Pacific Aluminum Casting Market Scope and Market SizeAsia-Pacific aluminum casting market is segmented of the basis process, source, application and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets. On the basis of process, the market is segmented into expendable mold casting and non-expendable mold casting. In Asia-Pacific, the non-expendable mold casting segment is increasing in the China because the maximum car parts which are produced such as engine blocks or structural parts have been manufactured majorly through the high pressure die casting process.
- On the basis of source, the market is segmented into primary (fresh aluminum) and secondary (recycled aluminum). In Asia-Pacific, the country like the China have low rates of recycling because of the inadequate initiatives by government to support recycling process in these countries and that is the reason why the region is focusing towards the fresh aluminum to manufacture the products.
- On the basis of application, the market is segmented into intake manifolds, oil pan housings, structural parts, chassis parts, cylinder heads, engine blocks, transmissions, wheels & brakes, heat transfers and others. Due to the increased demand of automobiles in the local market the demand of wheels and brakes has been growing which further augmented the demand of aluminum casting products in the region.
- On the basis of end-user, the market is segmented into automotive, building and construction, industrial, household appliances, aerospace, electronics and electrical, engineering tools and others. In Asia-Pacific, the demand of vehicles has been increased in the countries like the China and India. The companies like Ford motor company have started mass production techniques which has boosted the demand of automobile sector in the region.
Aluminum casting market is analysed and market size information is provided by country, process, source, application and end-user as referenced above.
The countries covered in the aluminum casting market report are China, India, Japan, South Korea, Australia, Singapore, Indonesia, Thailand, Malaysia, Philippines, Rest of Asia-Pacific in Asia-Pacific.
Asia-Pacific aluminum casting market is dominating the market due to the growing demand for lightweight materials in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
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Growth in the Automobile industry
Asia-Pacific aluminum casting market also provides you with detailed market analysis for every country growth in installed base of different kind of products for aluminum casting market, impact of technology using life line curves and changes in infant formula regulatory scenarios and their impact on the aluminum casting market. The data is available for historic period 2010 to 2018
Competitive Landscape and Asia Pacific Aluminum Casting Market Share AnalysisAsia-Pacific aluminum casting market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Asia-Pacific aluminum casting market.
- The major players covered in the report are Alcoa Corporation, Endurance Technologies Limited, Ryobi Limited, DyCast Specialties Corporation, Consolidated Metco, Inc., Alcast Technologies, Ningbo Beilun Create Mould Machine Co., Ltd, Leggett & Platt, Incorporated, Martinrea Honsel Germany GmbH, Gibbs, Dynacast, Reliance Foundry Co. Ltd., Toyota Industries Corporation, LA Aluminum, TPi Arcade, Drahtwerk Elisental W. Erdmann GmbH & Co., Wagstaff Inc., Ningbo Innovaw Mechanical CO.,LTD., Modern Aluminum Castings CO., INC. and Pacific Die Casting Corp.
- among other domestic and players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Asia-Pacific Aluminum Casting Market Size, Status and Forecast 2018 – 2025
- Market Overview
- Manufacturers Profiles
- Asia-Pacific Aluminum Casting Sales, Revenue, Market Share and Competition by Manufacturer
- Asia-Pacific Aluminum Casting Market Analysis by Regions
- North America Asia-Pacific Aluminum Casting by Countries
- Europe Asia-Pacific Aluminum Casting by Countries
- Asia-Pacific Asia-Pacific Aluminum Casting by Countries
- South America Asia-Pacific Aluminum Casting by Countries
- Middle East and Africa Asia-Pacific Aluminum Casting by Countries
- Asia-Pacific Aluminum Casting Market Segment by Type
- Asia-Pacific Aluminum Casting Market Segment by Application
- Asia-Pacific Aluminum Casting Market Forecast
- Sales Channel, Distributors, Traders and Dealers
- Research Findings and Conclusion
- Appendixes
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Customization Available : Asia-Pacific Aluminum Casting MarketData Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.
Reasons to Purchase this Report
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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