Market Overview:
The global automotive metal casting market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for automobiles across the globe, coupled with the rising penetration of advanced technologies in the automotive industry. In terms of volume, aluminum casting is expected to dominate the global automotive metal casting market during the forecast period, followed by cast iron and magnesium casting. The body assembly application segment is estimated to account for a major share of the global automotive metal casting market in 2018 and is projected to grow at a CAGR of 5.8% during 2018-2030.
Product Definition:
The process of casting metal into a desired shape, often using a mold. Automotive metal casting is important because it allows for the creation of parts for cars and other vehicles.
Aluminum Casting:
Aluminum casting is a process in which liquid metal is poured into a mold under high pressure. The solidified metal then gets extracted and the empty space gets filled with another liquid metal. It has several advantages over other processes such as iron or steel casting, where the molten pooling cannot be controlled or removed and remains in the shape of an island after cooling down.
Cast Iron:
Cast iron is a type of metal that is obtained from melting pig iron (Fe melts at around 15-16 degrees Celsius) and removing the molten metal. The remaining scrap or residue is known as cast iron. It has high thermal conductivity, low electrical conductivity, and good mechanical properties such as strength and ductility due to which it finds application in automotive industry for various components including engine block, cylinder head, brake band friction plate among others.
Application Insights:
Body assembly segment accounted for the largest share in 2016 and is projected to witness significant growth over the forecast period. Increasing demand for lightweight vehicles to improve fuel efficiency is expected to drive automotive metal casting applications in body assembly. In addition, increasing production of passenger cars and LCVs by major industry players such as Ford Motor Company, General Motors Company, Toyota Motor Corporation and Honda Motor Co., Ltd. is anticipated to propel segment growth over the forecast period.
Engine application segment accounted for a significant market share in 2016 owing to high demand from sports car manufacturers such as Porsche AG that use these products mainly for engine components including cylinder head castings, pistons, along with other smaller parts that make up an engine system. The growing importance of aluminum Casting For Engine Components In Sports Cars To Minimize Vehicle Weight Is Also Acknowledged As One Of The Key Factors Influencing Market Growth In This Application Segment Over The Next Eight Years (2017 - 2030).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue and is likely to witness significant growth over the forecast period. This can be attributed to increasing automobile production across key countries such as China, India, Japan, Thailand & South Korea.
China was estimated as the largest producer of automobiles across all regions with a share of 29.54% in 2017 owing to its low labor cost coupled with easy access to land & raw materials required for automotive production.
Europe held a substantial market share followed by North America on account both volume.
Growth Factors:
- Increasing demand for lightweight vehicles to reduce fuel consumption and emissions
- Growing automotive production in developing countries
- Rising demand for aluminum castings in engine blocks and transmission housings
- Advances in metal casting technology that improve efficiency and reduce manufacturing costs
- Increased use of 3D printing technology to produce complex metal parts
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Metal Casting Market Research Report
By Type
Aluminum Casting, Cast Iron, Magnesium Casting, Zinc Casting
By Application
Body Assembly, Engine, Transmission
By Companies
Nemak, Ryobi, Rheinmetall Automotive, GF Automotive, Ahresty Corporatio, Dynacast
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Metal Casting Market Report Segments:
The global Automotive Metal Casting market is segmented on the basis of:
Types
Aluminum Casting, Cast Iron, Magnesium Casting, Zinc Casting
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Body Assembly, Engine, Transmission
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nemak
- Ryobi
- Rheinmetall Automotive
- GF Automotive
- Ahresty Corporatio
- Dynacast
Highlights of The Automotive Metal Casting Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Aluminum Casting
- Cast Iron
- Magnesium Casting
- Zinc Casting
- By Application:
- Body Assembly
- Engine
- Transmission
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Metal Casting Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive metal casting is a process of creating a three-dimensional object from a two-dimensional model by pouring molten metal into an open mold.
Some of the major companies in the automotive metal casting market are Nemak, Ryobi, Rheinmetall Automotive, GF Automotive, Ahresty Corporatio, Dynacast.
The automotive metal casting market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Metal Casting Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Metal Casting Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Metal Casting Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Metal Casting Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Metal Casting Market Size & Forecast, 2020-2028
4.5.1 Automotive Metal Casting Market Size and Y-o-Y Growth
4.5.2 Automotive Metal Casting Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Aluminum Casting
5.2.2 Cast Iron
5.2.3 Magnesium Casting
5.2.4 Zinc Casting
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Body Assembly
6.2.2 Engine
6.2.3 Transmission
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Metal Casting Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Metal Casting Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Aluminum Casting
9.6.2 Cast Iron
9.6.3 Magnesium Casting
9.6.4 Zinc Casting
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Body Assembly
9.10.2 Engine
9.10.3 Transmission
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Aluminum Casting
10.6.2 Cast Iron
10.6.3 Magnesium Casting
10.6.4 Zinc Casting
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Body Assembly
10.10.2 Engine
10.10.3 Transmission
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Aluminum Casting
11.6.2 Cast Iron
11.6.3 Magnesium Casting
11.6.4 Zinc Casting
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Body Assembly
11.10.2 Engine
11.10.3 Transmission
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Aluminum Casting
12.6.2 Cast Iron
12.6.3 Magnesium Casting
12.6.4 Zinc Casting
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Body Assembly
12.10.2 Engine
12.10.3 Transmission
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Aluminum Casting
13.6.2 Cast Iron
13.6.3 Magnesium Casting
13.6.4 Zinc Casting
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Body Assembly
13.10.2 Engine
13.10.3 Transmission
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Metal Casting Market: Competitive Dashboard
14.2 Global Automotive Metal Casting Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nemak
14.3.2 Ryobi
14.3.3 Rheinmetall Automotive
14.3.4 GF Automotive
14.3.5 Ahresty Corporatio
14.3.6 Dynacast
