“Metal Casting Market” New Research Insight Report 2023 | Spread Across 128 Pages Report which provides an in-depth analysis Based on Regions, Applications (Automotive Industry, Aviation Industry, Heavy Machinery, Energy Industry, Others), and Types (Gray Iron Castings, Ductile Iron Castings, Steel Casting, Aluminum Casting, Others). The report presents the research and analysis provided within the Metal Casting Market Research is meant to benefit stakeholders, vendors, and other participants in the industry. The Metal Casting market is expected to grow annually by magnificent (CAGR 2023 – 2030).
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Short Description About Metal Casting Market:
The Global Metal Casting market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2030. In 2022, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
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 obtained
All 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.
Market Analysis and Insights: Global Metal Casting Market
Due to the COVID-19 pandemic, the global Metal Casting market size is estimated to be worth USD 241460 million in 2022 and is forecast to a readjusted size of USD 340580 million by 2028 with a CAGR of 5.9Percent during the review period. Fully considering the economic change by this health crisis, Gray Iron Castings accounting for Percent of the Metal Casting global market in 2021, is projected to value USD million by 2028, growing at a revised Percent CAGR in the post-COVID-19 period. While Automotive Industry segment is altered to an Percent CAGR throughout this forecast period.
China is the largest Metal Casting market with about 42Percent market share. Europe is follower, accounting for about 18Percent market share.
The key players are Precision Castparts, Hitachi Metals, Xinxing Ductile Iron, Amsted Rail, Weichai, Ryobi, Doosan Heavy Industries and Construction, Dicastal, Nemak, Alcoa, Hongtu Technology, Kobe Steel, ME Elecmetal, Huaxiang Group, Faw Foundry, Sinojit, Gibbs Die Casting, Endurance, CHALCO, China Hongqiao, HongTeo, WenCan etc. Top 3 companies occupied about 15Percent market share.
In terms of production side, this report researches the Metal Casting capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Metal Casting by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Metal Casting Scope and Segment
Metal Casting market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Metal Casting market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
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Growing demand for below applications around the world has had a direct impact on the growth of the Metal Casting
Based on Product Types the Market is categorized into Below types that held the largest Metal Casting market share In 2023.
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This Metal Casting Market Research/Analysis Report Contains Answers to your following Questions
Metal Casting Market – Covid-19 Impact and Recovery Analysis:
We were monitoring the direct impact of covid-19 in this market, further to the indirect impact from different industries. This document analyzes the effect of the pandemic on the Metal Casting market from a international and nearby angle. The document outlines the marketplace size, marketplace traits, and market increase for Metal Casting industry, categorised with the aid of using kind, utility, and patron sector. Further, it provides a complete evaluation of additives concerned in marketplace improvement in advance than and after the covid-19 pandemic. Report moreover done a pestel evaluation within the business enterprise to study key influencers and boundaries to entry.
Our studies analysts will assist you to get custom designed info to your report, which may be changed in phrases of a particular region, utility or any statistical info. In addition, we’re constantly inclined to conform with the study, which triangulated together along with your very own statistics to make the marketplace studies extra complete for your perspective.
Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Metal Casting Industry.
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1 Market Overview
1.1 Product Overview and Scope of Metal Casting
1.2 Classification of Metal Casting by Type
1.2.1 Overview: Global Metal Casting Market Size by Type: 2017 Versus 2021 Versus 2030
1.2.2 Global Metal Casting Revenue Market Share by Type in 2021
1.3 Global Metal Casting Market by Application
1.3.1 Overview: Global Metal Casting Market Size by Application: 2017 Versus 2021 Versus 2030
1.4 Global Metal Casting Market Size and Forecast
1.5 Global Metal Casting Market Size and Forecast by Region
1.6 Market Drivers, Restraints and Trends
1.6.1 Metal Casting Market Drivers
1.6.2 Metal Casting Market Restraints
1.6.3 Metal Casting Trends Analysis
2 Company Profiles
2.1.1 Company Details
2.1.2 Company Major Business
2.1.3 Company Metal Casting Product and Solutions
2.1.4 Company Metal Casting Revenue, Gross Margin and Market Share (2019, 2020, 2021 and 2023)
2.1.5 Company Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Metal Casting Revenue and Share by Players (2019,2020,2021, and 2023)
3.2 Market Concentration Rate
3.2.1 Top3 Metal Casting Players Market Share in 2021
3.2.2 Top 10 Metal Casting Players Market Share in 2021
3.2.3 Market Competition Trend
3.3 Metal Casting Players Head Office, Products and Services Provided
3.4 Metal Casting Mergers and Acquisitions
3.5 Metal Casting New Entrants and Expansion Plans
4 Market Size Segment by Type
4.1 Global Metal Casting Revenue and Market Share by Type (2017-2023)
4.2 Global Metal Casting Market Forecast by Type (2023-2030)
5 Market Size Segment by Application
5.1 Global Metal Casting Revenue Market Share by Application (2017-2023)
5.2 Global Metal Casting Market Forecast by Application (2023-2030)
6 Regions by Country, by Type, and by Application
6.1 Metal Casting Revenue by Type (2017-2030)
6.2 Metal Casting Revenue by Application (2017-2030)
6.3 Metal Casting Market Size by Country
6.3.1 Metal Casting Revenue by Country (2017-2030)
6.3.2 United States Metal Casting Market Size and Forecast (2017-2030)
6.3.3 Canada Metal Casting Market Size and Forecast (2017-2030)
6.3.4 Mexico Metal Casting Market Size and Forecast (2017-2030)
7 Research Findings and Conclusion
8.2 Research Process and Data Source
9 Research Methodology
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