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Die Casting Market Positioning and Growing Industry Share Worldwide to 2030

The global die casting market is expected to grow from USD 61.1 billion in 2021 to USD 96.6 billion by 2030, <br><br>Get Full PDF Sample Copy of Report: https://www.marketstatsville.com/request-sample/die-casting-market<br><br>

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Die Casting Market Positioning and Growing Industry Share Worldwide to 2030

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  1. Market Research Report EXCLUSIVE EDITION Global Die Casting Market Research Report Global Industry Analysis, Forecast and Trends, 2022-2030 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

  2. Global Die Casting Market © 2020 Statsville Consulting Private Limited Market Statsville Group (MSG) A part of Statsville Consulting Private Limited American Office American Office – 416, East Standsberry Street, Perkins, Oklahoma 74059, USA EMEA EMEA– 1165 Budapest 16 Diósy Lajos u. 24., Europe Asia Asia- -Pacific Office Pacific Office – F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 www.marketstatsville.com Disclaimer Disclaimer: : Any information and/or material provided by Statsville Consulting Private Limited, including any and all the analysis and/or research from Market Statsville Group (MSG), is offered to a selected group of customers in response to orders for such information, material, analysis, and/or research. As a customer of Statsville Consulting, you acknowledge that our information, material, and/or services are for your internal use only, and not for any external use and/or dissemination, or general publication, and/or disclosure to any third parties. Any and all the information and/or material provided by Statsville Consulting are based on primary interviews and/or secondary research, and are, therefore, subject to fluctuation and variance. Statsville Consulting takes no responsibility for any incorrect information and/or material supplied to us by sources we rely on, and no part of our analysis or research may be given, lent, resold, or disclosed to any third parties, including non-customers, without explicit or written permission from Statsville Consulting. Unauthorized reproduction and/or transmission of our information, material, analysis, and/or research in any form and by any means, including photocopying, mechanical/electronic recording,or otherwise, without the explicit and written permission of Statsville Consulting, is expressly and clearly prohibited. Any use of the information, material, analysis, and/or research provided by Statsville Consulting is at your sole risk; you acknowledge that the information, material, analysis, and/or research is provided “as is” and that Statsville Consulting provides no warranty of any kind, express or implied, with regard to the information, material, analysis, and/or research, including but not limited to, merchantability and fitness for any purpose and/or use. At the end, Statsville Consulting will be responsiblefor the final decision of any action. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

  3. ABOUT MARKET STATSVILLE GROUP (MSG) Market Statsville Group (MSG) partners with companies and society to confront their essential risks and challenges to capture the enormous opportunities for them. MSG was initiated its working in 2017, and since then, the brand is moving to become a pioneer in business advisory and market research services. Market Statsville is the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in the form of market sizing, analysis, and incisive business insights. MSG experienced research analysts are proficient at digging deep and providing a variety of customizable data that help you make decisions with clarity, confidence, and impact. Market Statsville is your global data intelligence partner for reliable market research data, data gathering, and analytical services. MSG also has an extensive network of top-flight domestic and global research personals around the world, enabling us to provide high-quality worldwide research solutions that cater to a well-established company, government organizations, or a startup. MSG's clients have the authority to work directly with one or more of our researchers to gather the most useful data knowledge and analytical plan to formulate it in the actual practice. Market Statsville Group believes that to succeed, companies or individuals must blend digital and human capabilities most efficiently. MSG diverse and experienced global team of business consultants and market researchers will ensure the valuable reports for our clients through digging in-depth market information and functional expertise to continuously spark the changes and real-time valuation of variation in the market/industry. MSG works in a uniquely collaborative model throughout the business process across the globe to assist the client's company with the most accurate information that they are aiming for in the reports. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

  4. RESEARCH PROCESS Our research is an optimum culmination of secondary and primary research, with the latter playing a major role. We also have an in-house repository and access to a number of external regional and global paid databases to help address specific requirements of our clients. The research process begins with a holistic secondary research, followed by expert interviews. The information gathered is then comprehensively analyzed by our highly experienced in-house research panel © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

  5. Die Casting Market 2022: Industry Size, Regions, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2030 Die Casting Market by Application (Automotive, Electrical and Electronics, Industrial), by Process (Pressure Die Casting, Vacuum Die Casting, Squeeze Die Casting), by Raw Materials (Aluminum, Magnesium), by Region – Global Share and Forecast to 2030 Description Description The global die casting market is expected to grow from USD 61.1 billion in 2021 to USD 96.6 billion by 2030, at a CAGR of 5.9% from 2022 to 2030. The market is largely driven by supply chain complexities in the die casting industry, with an expanding automotive market, increasing penetration of die casting parts in industrial machinery, growing constructional sector, and employing aluminum casts in electrical and electronics. The COVID-19 pandemic profoundly impacted manufacturing operations and the market witnessed a slowdown due to supply chain disruptions and trade restrictions worldwide. However, as economic activities resume worldwide, the market is expected to witness steady growth over the forecast period. CAFÉ standards and EPA policies to reduce automobile emissions and increase fuel efficiency drive automakers to reduce automobile weight by employing lightweight non-ferrous metals. Subsequently, employing die-cast parts as a weight reduction strategy is a major driver for the former market in the automotive segment. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

  6. Get Full PDF Sample Copy of Report: https://www.marketstatsville.com/request-sample/die-casting-market Die Casting Definition Die casting is a permanent mould casting where the molten metal fills the mould cavity due to the gravitational force or external pressure. The mould cavity uses two hardened steel dies shaped according to the desired product. Die casting is generally made of no-ferrous material like Zinc, Tin based alloy, aluminium, copper, etc. It works similarly to injection moulding. For Instance, In July 2021, The European Commission approved a set of legislative proposals outlining how the EU plans to achieve climate neutrality by 2050, with an intermediate goal of a net reduction of at least 55 percent in greenhouse gas emissions by 2030. Global Die Casting Market Dynamics Drivers: Stringent EPA Regulations and Café Standards The automobile regulatory framework in Europe and North America has been instrumental in creating a sustainable environment for the automobile industry. The latest regulatory frameworks and standards like Euro 6 across the world are anticipated to play a crucial role in determining the dynamics of the automotive market, with a major influence being on the manufacturing of parts through the die casting process. Apart from these, recently growing legislative standards across major nations to encourage the adoption of lighter vehicles are, in turn, expected to push the die casting market’s growth in the long run. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

  7. The regulatory frameworks imposed by the National Highway Traffic Safety Administration (NHTSA) and Environmental Protection Agency (EPA) in the United States have also been instrumental in creating an evolving and challenging environment for the automobile industry Restraints: Volatility in Prices of Aluminium Base metal prices have been under pressure due to the looming trade war between the United States and the rest of the world. Furthermore, the COVID-19 pandemic worsened the situation by aggravating disruptions in the supply chain. The alumina market in 2019 witnessed surplus supply, which in addition to the lower demand from smelters, adversely impacted price movement in the spot markets. In the short-term, alumina prices will continue under pressure due to excess supply and weaker demand across the aluminum value chain. The imposition of tariffs on imports from US allies (including the European Union, Mexico, and Canada) on aluminum (10%) and steel (25%) is expected to boost the prices of aluminum in the domestic market. Some manufacturers are focusing on finding more cost-effective alternatives to die casting. It is expected that the tariffs may have a huge impact on downstream manufacturers and result in an increase in prices as the cost of aluminum rises. Make an Enquire before Purchase @: https://www.marketstatsville.com/buy-now/die-casting-market?opt=2950 Scope of the Global Die Casting The study categorizes the die casting market based on application, process, and raw materials at the regional and global levels. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

  8. By Application Outlook (Sales/Revenue, USD Million, 2017–2030) Automotive Electrical and Electronics Industrial Other Applications By Process Outlook (Sales/Revenue, USD Million, 2017–2030) Pressure Die Casting Vacuum Die Casting Squeeze Die Casting Other Processes By Raw Materials Outlook (Sales/Revenue, USD Million, 2017–2030) Aluminum Magnesium Zinc By Region Outlook (Sales/Revenue, USD Million, 2017–2030) North America (US, Canada, Mexico) South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America) Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe) Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

  9. Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific) The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA) The pressure die casting segment is accounted for the largest market share by process By process, the global market of die casting is segmented into pressure die casting, vacuum die casting, squeeze die casting, and other processes. In 2021, pressure die casting had the largest market share and accounted for the 55.0% of revenue share. Mass design and high quality are advantages that have made end buyers prefer parts manufactured using this process. Aluminum has been the most preferred metal for pressure die casting. Within automotive applications, hybrid and electric vehicle technologies are on the rise, and pressure die-casting is expected to be the key contributor in transmission, power train components, and battery compartment housings. The pressure die casting process is again sub-divided into two categories: low pressure die casting (LPDC), and high pressure die casting (HPDC). To capture advantages offered by the pressure die casting process, several manufacturers enter into agreements and place orders for machines indicating signs of growth. For instance, In February 2021, Nantong Jianzhong Photoelectricity Co. Ltd announced that it has installed its Italpresse gauss TF5700 high pressure die casting machine at the company’s base in Jiangsu province, China. Asia Pacific accounts for the highest CAGR during the forecast period Based on the regions, the global die casting market has been segmented across North America, Asia–Pacific, Europe, South America, and the Middle East & Africa. Globally, © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

  10. Asia Pacific is estimated to hold the highest CAGR in the global die casting market during the forecast period. China, India, Japan, Australia, and South Korea are some countries in the Asia Pacific. China had the largest market share of 64.7% in the Asia Pacific, whereas India is the fastest-growing region with a CAGR of 6.9% during the forecast period. Request for Complete TOC and Figures & Graphs @ https://www.marketstatsville.com/table-of-content/die-casting-market After the Asia Pacific, Europe is the fastest-growing region and projected to register a CAGR of 5.6% from 2022-2030. In the United Kingdom, Carlton Die Casting produces aluminum and Zinc die castings, with machine sizes ranging from 250 tons to 725 tons, for telecom, automotive, electronics, and defense industries. The demand for fuel efficiency and the government’s emission standards drive the UK aluminum die casting market’s growth. With the increasing demand for luxury automobiles, light metal castings, especially aluminum high-pressure die casted parts, are anticipated to gain prominence in the region. Apart from all these factors, the automotive industry’s demand for lightweight auto parts is likely to drive the foundry industry to invest and adopt more advanced die casting machinery (CNC machines) in the parts manufacturing process. Key Market Players Form Technologies Inc. (Dynacast), Nemak, Endurance Technologies Limited, Sundaram Clayton Ltd., Shiloh Industries, Georg Fischer Limited, Koch Enterprises (Gibbs Die Casting Group), Bocar Group, Engtek Group, Rheinmetall AG, Rockman Industries, Ryobi Die Casting Ltd., Linamar Corporation, Meridian Lightweight Technologies, Sandhar Group, and Alcoa Corporation are major players in the global market of die casting. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

  11. Request For Report Description @ https://www.marketstatsville.com/die-casting-market Due to numerous players worldwide, the aluminium market die casting is extremely competitive. The ongoing coronavirus pandemic has had a negative impact on market players’ sales and production. During the lockdown, businesses ceased production, which had a negative impact on sales. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

  12. Thank You Thank You Market Market Statsville Statsville Group (MSG) Group (MSG) F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 Phone : +91 702 496 8807 Mail : sales@marketstatsville.com 416, East Standsberry Street, Perkins, Oklahoma 74059, US Phone : +1 580 250 2707 Mail : sales@marketstatsville.com

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