Report overview
Aluminum die casting alloys are lightweight and possess high dimensional stability for complex part geometries and thin walls. Aluminum withstands good corrosion resistance and mechanical properties as well as high thermal and electrical conductivity, making it a good alloy for die casting. Low-density aluminum metals are essential to the die casting industry.
Automotive industry is at the forefront of this trend looking for effective alternatives to cut down on weight without sacrificing durability, which is under constant pressure to adhere to increasingly strict fuel economy standards. With CAFE standards becoming increasingly stringent, automobile manufacturers have been forced to continually find new ways to increase fuel economy. It has been the primary strategy that manufactures lighter vehicles to improve gas mileage, and the use of aluminum parts that replace steel parts has been the most popular method to reduce vehicle weight. Over time, aluminum has been progressively incorporated into automotive doors, trunks, hoods, and engines. Today, aluminum makes up a much more significant percentage of the vehicle. According to Ducker Worldwide, aluminum is now the leading material used in the manufacturing of engines and wheels in automobiles.
This report aims to provide a comprehensive presentation of the global market for Automotive Cast Aluminum, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Cast Aluminum. This report contains market size and forecasts of Automotive Cast Aluminum in global, including the following market information:
Global Automotive Cast Aluminum Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automotive Cast Aluminum Market Sales, 2018-2023, 2024-2029, (Kilo MT)
Global top five Automotive Cast Aluminum companies in 2022 (%)
The global Automotive Cast Aluminum market was valued at US$ 49460 million in 2022 and is projected to reach US$ 58360 million by 2029, at a CAGR of 2.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Asia-Pacific is the largest global Automotive Cast Aluminum market and accounts for about 55%, while Europe is the second sales of the market for Automotive Cast Aluminum.
In the product, Nemak?s hold the most market share, while Ryobi and Georg Fischer ranked 2 and 3. All of the above occupy nearly 10 percent of the global total.
Aluminum Alloy 319 is dominant in all categories and has a total share of nearly 60%.
In addition, this product is mostly used for Powertrain, followed by Vehicle Structures.
We surveyed the Automotive Cast Aluminum manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Cast Aluminum Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Kilo MT)
Global Automotive Cast Aluminum Market Segment Percentages, by Type, 2022 (%)
Aluminum Alloy 319
Aluminum Alloy 383
Aluminum Alloy 356/356P
Others
Global Automotive Cast Aluminum Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Kilo MT)
Global Automotive Cast Aluminum Market Segment Percentages, by Application, 2022 (%)
Powertrain
Vehicle Structures
E-Mobility Components
Others
Global Automotive Cast Aluminum Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Kilo MT)
Global Automotive Cast Aluminum Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Cast Aluminum revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automotive Cast Aluminum revenues share in global market, 2022 (%)
Key companies Automotive Cast Aluminum sales in global market, 2018-2023 (Estimated), (Kilo MT)
Key companies Automotive Cast Aluminum sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Nemak
Ryobi
Ahresty
Georg Fischer
Guangdong Hongtu
IKD
Wencan
Paisheng Technology
Xusheng
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Cast Aluminum, market overview.
Chapter 2: Global Automotive Cast Aluminum market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive Cast Aluminum manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Cast Aluminum in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automotive Cast Aluminum capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
