Aluminium Casting Market in India to Grow by 660.88 th tons |Alcoa Corp. and Buhler AG Among Key Vendors|Technavio

2022-07-23 03:53:38 By : Ms. Carol Huang

NEW YORK , Feb. 11, 2022 /PRNewswire/ -- The aluminium casting market in India is set to grow by 660.88 th tons, progressing at a CAGR of 6.83% from 2021 to 2026. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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The aluminium casting market in India is fragmented, and the degree of fragmentation will accelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The growing use of aluminium casting in the automotive industry, stringent regulations for environmental protection, and growth of the construction sector will offer immense growth opportunities. However, factors such as the rising usage of advanced steel in automotive body parts may threaten the growth of the market.

The report also covers the following areas:

Aluminium Casting Market in India size

Aluminium Casting Market in India trends

Aluminium Casting Market in India industry analysis

Aluminium Casting Market in India 2022-2026: Segmentation

By process, the aluminium casting market in India has been segmented into automotive, heavy machinery and industrial, aerospace and defense, construction, and others. The die casting segment will have significant market share growth during the forecast period. The high demand for aluminium die casting among end-users is attributed to its various benefits, such as high dimensional accuracy and the ability to mold and produce thin wall sections. The demand for die casting to manufacture automobile aluminium casting components is expected to increase, with the growth of the automobile industry in India during the forecast period.

By application, the aluminium casting market in India has been segmented into automotive, heavy machinery and industrial, aerospace and defense, construction, and others. The automotive segment will have significant market share growth during the forecast period.

To know about the contribution of each segment of the aluminium casting market in India , View Our Free Sample Report Now!

Aluminium Casting Market in India 2022-2026: Vendor Analysis

To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. Some of the major vendors of the aluminium casting market in India include Alcoa Corp., Buhler AG, Dynacast, Endurance Technologies Ltd., Hackforth Holding GmbH and Co. KG, IBEX ENGINEERING PVT. LTD., Magna International Inc., Rio Tinto Ltd., Sandhar Technologies Ltd., and United Company RUSAL. The key offerings of some of these vendors are mentioned below:

Alcoa Corp. - The company offers solutions for aluminium casting, which are used for automotive, building and construction, electrical, industrial and transportation markets, under the brand name of Alcoa.

Buhler AG - The company offers solutions for aluminium casting, which are tailored to the needs with integrated control systems of the cell to improve the die-casting process, under the brand name of Buhler Group.

Dynacast - The company offers solutions for aluminium casting, which are able to withstand the highest operating temperatures of all die cast alloys, under the brand name of Dynacast.

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Aluminium Casting Market in India 2022-2026: Key Highlights

CAGR of the market during the forecast period 2022-2026

Detailed information on factors that will assist aluminium casting market growth in India during the next five years

Estimation of the aluminium casting market size in India and its contribution to the parent market

Predictions on upcoming trends and changes in consumer behaviour

The growth of the aluminium casting market in India

Analysis of the market's competitive landscape and detailed information on vendors

Comprehensive details of factors that will challenge the growth of aluminium casting market vendors in India

Aluminum Die Casting Market by Application and Geography - Forecast and Analysis 2021-2025

High Purity Alumina Market by Application and Geography - Forecast and Analysis 2021-2025

Aluminium Casting Market In India Scope

Accelerate at a CAGR of 6.83%

Leading companies, competitive strategies, consumer engagement scope

Alcoa Corp., Buhler AG, Dynacast, Endurance Technologies Ltd., Hackforth Holding GmbH and Co. KG, IBEX ENGINEERING PVT. LTD., Magna International Inc., Rio Tinto Ltd., Sandhar Technologies Ltd., and United Company RUSAL

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period,

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

For more valuable insights into the market, Download Latest Free Sample Report

Market outlook: Forecast for 2021 - 2026

Automotive - Market size and forecast 2021-2026

Heavy machinery and industrial - Market size and forecast 2021-2026

Aerospace and defense - Market size and forecast 2021-2026

Construction - Market size and forecast 2021-2026

Others - Market size and forecast 2021-2026

Die casting - Market size and forecast 2021-2026

Permanent mold casting - Market size and forecast 2021-2026

Others - Market size and forecast 2021-2026

Hackforth Holding GmbH and Co. KG

Currency conversion rates for US$

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/

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