Metal casting is a popular manufacturing process and involves pouring molten metal into a die or sand mold to obtain the desired shape. It helps in manufacturing complex and large size parts for various industrial applications. Metal casting materials such as gray iron, ductile iron, aluminum, steel, copper and zinc are all reliable and effective.

The market is driven by increasing demand for lightweight components such as aluminum, magnesium alloy or zinc die-cast parts; these alloys make automobile component production more efficient by reducing overall product weight without compromising performance.

The report “Automotive Metal Casting Market, By Type (Aluminum Casting, Cast Iron, Magnesium Casting, and Zinc Casting), By Process (Gravity, High & Low Pressure, and Sand Casting), By Application (Body Assembly, Engine, and Transmission) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032 “

Key Highlights:

• In February 2021, Endurance Technologies started commercial production at new plants in Vallam, Vadagal, Kanchipuram and Tamil Nadu. The plant will produce aluminum die-castings and assemble disc brake components with control brake modulators to supply machined aluminum castings to Hyundai, Kia and Enfield.
• In December 2021, General Motors announced plans to invest more than USD 51 million to install state-of-the-art equipment at its Edford, Indiana, aluminum die casting foundry to support the production of drive unit castings for the upcoming Chevrolet Silverado EV and other current casting applications.

Analyst View:

Innovation in automotive metal casting is growing around the world, as casting offers the best design flexibility compared to other manufacturing methods such as forging, welding, rolling or stamping.

Casting also offers a significant advantage in the form of enabling the creation of attractive designs, as there is no restriction to the assembly of pieces or shapes. As a result, metal casting market is also expected to foster due to rising popularity and demand for electric vehicles in the market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Automotive Metal Casting Market, By Type (Aluminum Casting, Cast Iron, Magnesium Casting, and Zinc Casting), By Process (Gravity, High & Low Pressure, and Sand Casting), By Application (Body Assembly, Engine, and Transmission) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”

Key Market Insights from the report:

Automotive Metal Casting Market accounted for US$ 131.6 billion in 2022 and is estimated to be US$ 222.45billion by 2032 and is anticipated to register a CAGR of 5.4%. The Automotive Metal Casting market is segmented based on Type, Process, Application and Region.

• Based on Type, Automotive Metal Casting market is segmented into Aluminum Casting, Cast Iron, Magnesium Casting, and Zinc Casting.
• Based on Process, Automotive Metal Casting market is segmented into Gravity, High & Low Pressure, and Sand Casting.
• Based on Application, Automotive Metal Casting market is segmented into Body Assembly, Engine, and Transmission.
• By Region, the Automotive Metal Casting market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of Automotive Metal Casting Market:

The prominent players operating in the Automotive Metal Casting Market includes, Endurance Technologies Limited, GF Casting Solutions AG, Ryobi limited, Dynacast, Precision Castparts Corp, GIBBS, Alcast Technologies, Ahresty Wimington Corporation, and Force beyond, Reliance Foundry Coke Ltd. The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

• Explains an overview of the product portfolio, including product development, planning, and positioning
• Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
• Detailed analysis of the market revenue over the forecasted period.
• Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
• Study on the segments that are anticipated to dominate the market.
• Study on the regional analysis that is expected to register the highest growth over the forecast period

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