Global Aluminium Die Casting Market
The global Aluminium Die Casting market was valued at USD 63,782.23 Million in 2020 which expected to reach USD 87,234.99 Million by 2027 at a CAGR 3.90% from 2021-2027.
Die cast aluminium is defined as an aluminium kind that is heated under intense pressure and poured into mold cavities. It is a non-expendable method that is used to create various sizes, thicknesses, and shapes. They can be manufactured either with the cold chamber process or with the hot chamber process.
Market Drivers
Increasing demand in the automotive sector.
Rising demand for consumer items and the production of vehicles are driving the market's rise. Additionally, a significant factor in the market's expansion is the military and defence sector's growing investments in light-weight weaponry. Additionally, the market has grown favourably as a result of growing use in the building and construction, electronics, and mining industries. However, it is anticipated that aluminium price volatility and shifting environmental standards will impede market growth.
Productivity in the die casting business has improved dramatically as a result of technological improvements and innovation, increased use of aluminium, die casting for a variety of applications, and increased acceptance of high-strength and lightweight castings, particularly in the auto industry.
Market Challenges
Impact of aluminium casting production on the environment. Carbon dioxide, perfluorocarbons, sodium fluoride, sulphur dioxide, polycyclic aromatic hydrocarbons, and other harmful substances are used in the smelting and processing of aluminium. The release of perfluorocarbons during the aluminium smelting process is 9,200 times more damaging than carbon dioxide emissions, according to the Environmental Protection Agency.
All of the local flora in the mining area is destroyed during the extraction of the raw material (bauxite) for aluminium casting, which causes substantial soil erosion and a loss of habitat and food for nearby wildlife
COVID-19 Impact on the Aluminium Die Casting Market
Due to the lockdown brought on by the COVID-19 epidemic, manufacture of cars and electronics has been halted, which has had a severe effect on the market. Additionally, once the COVID-19 vaccine enters the market, fewer cases of COVID-19 are anticipated in the near future.
As a result, die casting machine businesses have reopened and are operating at full capacity. By the beginning of 2022, the market will recover as a result. Die casting machine makers must concentrate on securing their personnel, business operations, and supply networks as COVID-19 infection cases start to fall. This will allow them to react quickly to situations and implement new working procedures.
Market Segmentation
The Global Aluminium Die Casting Market is segmented into Production Process, Application. By Production Process such as Pressure Die Casting, Others. Further, market is segmented into By Application such as Transportation, Industrial, Building & Construction, Telecommunication, Consumer Durables, Energy, Others.
Regional Analysis
Global Aluminium Die Casting Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific dominated the Aluminium Die Casting market. The region is characterized by the availability of skilled labour at a reasonable price, making it the most profitable area for firms to establish industrial facilities. Additionally, during the forecast period, a shift in the global production landscape toward South Asian nations is anticipated to have a positive impact on market growth.
North America is expected to continue to expand steadily. The region's demand for products is expected to increase as a result of the focus on returning to pre-COVID levels and the adoption of sustainable solutions. For instance, Rio Tinto unveiled a new line of premium aluminium alloys in December 2020 to aid die casters in recycling. During the anticipated timeframe, such measures are predicted to have a positive impact on market expansion.
Key Players
Various key players are listed in this report such as GF Casting Solutions, Dynacast Deutschland GmbH, Consolidated Metco Inc, MartinreaHonsel Germany GmbH, Shiloh Industries Inc, Alcoa Corporation, Alcast Technologies Ltd, Gibbs Die Casting Corporation, Ryobi Die Casting Dalian Co, Walbro LLC, among others.
Market Taxonomy
By Production Process
By Application
By Region
Key Questions Addressed by the Report
Global Aluminium Die Casting Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Aluminium Die Casting Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Aluminium Die Casting Market, By Production Process
5.1 Y-o-Y Growth Comparison, By Production Process
5.2 Global Aluminium Die Casting Market Share Analysis, By Production Process
5.3 Global Aluminium Die Casting Market Size and Forecast, By Production Process
5.3.1 Pressure Die Casting
5.3.1.1 High Pressure Die Casting
5.3.1.2 Low Pressure Die Casting
5.3.2 Others
6 Global Aluminium Die Casting Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Aluminium Die Casting Market Share Analysis, By Application
6.3 Global Aluminium Die Casting Market Size and Forecast, By Application
6.3. 1 Transportation
6.3.2 Industrial
6.3.3 Building & Construction
6.3.4Telecommunication
6.3.5 Consumer Durables
6.3.6 Energy
6.3.7 Others
7 Global Aluminium Die Casting Market, By Region
7.1 Global Aluminium Die Casting Market Share Analysis, By Region
7.2 Global Aluminium Die Casting Market Share Analysis, By Region
7.3 Global Aluminium Die Casting Market Size and Forecast, By Region
8 North America Aluminium Die Casting Market Analysis and Forecast (2021-2027)
8.1 Introduction
8.2 North America Aluminium Die Casting Market Share Analysis, By Production Process
8.3 North America Aluminium Die Casting Market Size and Forecast, By Application
8.4 North America Aluminium Die Casting Market Size and Forecast, By Country
8.5.1 U.S.
8.6.2 Canada
9.7.3 Mexico
9 Europe Aluminium Die Casting Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 Europe Aluminium Die Casting Market Share Analysis, By Production Process
9.3 Europe Aluminium Die Casting Market Size and Forecast, By Application
9.4 Europe Aluminium Die Casting Market Size and Forecast, By Country
9.5.1 Germany
9.6.2 France
9.7.3 UK
9.8.4. Rest of Europe
10 Asia Pacific Aluminium Die Casting Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Asia Pacific Aluminium Die Casting Market Share Analysis, By Production Process
10.3 Asia Pacific Aluminium Die Casting Market Size and Forecast, By Application
10.4 Asia Pacific Aluminium Die Casting Market Size and Forecast, By Country
10.5.1 China
10.6.2 Japan
10.7.3 India
10.8.4. Rest of Asia Pacific
11 Latin America Aluminium Die Casting Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Latin America Aluminium Die Casting Market Share Analysis, By Production Process
11.3 Latin America Aluminium Die Casting Market Size and Forecast, By Application
11.4 Latin America Aluminium Die Casting Market Size and Forecast, Country
11.5.1. Brazil
11.6.2. Rest of Latin America
12 Middle East Aluminium Die Casting Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Middle East Aluminium Die Casting Market Share Analysis, By Production Process
12.3 Middle East Aluminium Die Casting Market Size and Forecast, By Application
12.4 Middle East Aluminium Die Casting Market Size and Forecast, By Country
12.5.1. Saudi Arabia
12.6.2. UAE
12.7.3. Egypt
12.8.4. Kuwait
12.9.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 GF Casting Solutions
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Dynacast Deutschland GmbH
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Consolidated Metco Inc
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 MartinreaHonsel Germany GmbH
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Shiloh Industries Inc.
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Alcoa Corporation
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Alcast Technologies Ltd.
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Gibbs Die Casting Corporation
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Ryobi Die Casting Dalian Co
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Walbro LLC
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
