Global Metal Casting Market Research Report 2020

Metal casting is a manufacturing process where a solid is melted, heated to proper temperature (sometimes treated to modify its chemical composition), and is poured into a mold made of sand, metal or ceramic, which contains it in the proper shape during solidification.
All major metals can be cast. The most common are iron, steel, aluminum, magnesium, zinc, and copper-based alloys. The methods of metal casting include conventional molding processes, precision molding processes, chemically bonded sand molding processes and innovative molding and casting processes.
Metal castings are used in cars, trucks, planes, trains, mining and construction equipment, oil wells, kitchen appliances, pipes, toys, space shuttle, wind turbines, nuclear plants, tanks, bombs, and more.
Global metal casting production was led by China, the US and India in 2015. China was the top global producer, with 46.5 million tons from 26000 plants, followed by the US, which produced 12.5 million tons from 1978 plants, and India, with 10.2 million tons from 4 500 plants.

Market Analysis and Insights: Global Metal Casting Market
The global Metal Casting market is valued at 315020 million US$ in 2020 is expected to reach 323820 million US$ by the end of 2026, growing at a CAGR of 0.4% during 2021-2026.
Global Metal Casting Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Gray Iron
Ductile Iron
Malleable Iron
Steel
Alloy

Segment by Application
Machinery & Equipment
Motor Vehicles
Pipe & Fitting
Valves, Pumps & Compressors
Railroad Equipment
Other

Global Metal Casting Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Metal Casting market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Metal Casting Market:

Competitive Landscape

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include ThyssenKrupp, Weichai, Alcoa, Xinxing Ductile Iron Pipes, Hitachi Metals, ZYNP, Amsted Industries Inc, Grede Holdings, Georg Fischer, Faw Foundry, CITIC Dicastal, Huaxiang Group, Meide Casting, Bharat Forge, Bohai Piston, Mueller Industries, SinoJit, SMTCL, Montupet, Sinosteel XTMMC, Precision Castparts, etc.