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Metal Casting Market To Reach
USD 193.53 Billion By 2027
The global Metal Casting market is forecast to reach USD 193.53 Billion by 2027, according to a new report by
Reports and Data. The market is witnessing a surge in demand owing to the rising prevalence of the emission
norms encouraging the use of the metal casting process, and increasing demand in the automobile sector.
Moreover, the increasing trend of lightweight vehicles is fostering the market's demand. However, the high capital
required for the setup is hampering the market's demand.
A rise in the trend in urbanization is a critical factor in the growth of the housing and infrastructure sectors. First-
time homebuyers are encouraged and funded to cause the development of the building & design industry.
Governments in various countries provide opportunities and support to meet the housing needs of the increasing
population. The use of lightweight casting materials, including magnesium and aluminum alloy, will minimize the
weight of the body and frame by up to 50%.
Read More: https://www.reportsanddata.com/report-detail/metal-casting-market
Key participants include Dynacast Ltd., Ryobi Limited, Gibbs (Koch Enterprises Inc.), POSCO, CALMET,
Hitachi Metals, MES Inc., Alcast Technologies, Arconic, and Uniabex, among others
Process Type Outlook (Revenue, USD Billion; 2017-2027)
Gravity Casting, High-Pressure Die Casting, Low-Pressure Die Casting, Sand Casting
Material Outlook (Revenue, USD Billion; 2017-2027)
Cast Iron, Aluminum, Zinc, Magnesium, Others
Application Outlook (Revenue, USD Billion; 2017-2027)
Automotive, Industries, Building & Construction, Others
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The global Metal Casting market is forecast to reach USD 193.53 Billion by 2027, according to a new report by Reports and Data.