Automotive Metal Casting Industry Global Market Size, Share, Trends Report 2018

Posted by abhi0210 on December 4th, 2018

Automotive Metal Casting Market Analysis Report 2018 To 2023. Global Automotive Metal Casting Market Information Report by Application (Body Assembly, Engine, and Transmission), Material (Aluminum Casting, Cast Iron, Magnesium Casting and Zinc Casting), and by Regions - Global Forecast To 2023.

Global Automotive Metal Casting Market Highlights:

Automotive metal casting market has witnessed a significant surge, mainly, due to the current hype regarding mobility services, autonomous driving, digitization and electric powertrains dominating the automotive industry. With the boom in automotive production, across the globe the automotive chassis and exterior account for a major share in the development of the automotive metal casting market.  Weight reduction in vehicles is another major trend in the market that is expected to boost the demand, with manufacturers opting for lightweight materials to ensure reduction in emission rates. As a result, the use of lightweight materials such as aluminum, magnesium and zinc, has increased in the automotive industry. With major manufacturers and suppliers in the automotive industry competing at globally, the intensity of competition within the automotive industry has increased.  Such intense competition is pushing various manufacturers and suppliers across the supply chain to develop high quality metal casting solutions to acquire greater market share.

Fluctuating cost of metals is expected to be a major retraining factor in the automotive metal casting market. The increasing demand for steel is directly proportional to the increasing demand for automobiles, across the globe.

The global metal casting market has been segmented on the on the basis of application as Body Assembly, Engine, and Transmission. On the basis of materials, the market has been segmented as aluminum casting, cast iron, magnesium casting and zinc casting.  On the basis of region, the market for metal casting has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and South America.

The automotive metal casting market is currently booming in the Asia Pacific region. Rapidly rising vehicle production in this region is one of the primary driving factors. Improving infrastructure in this region combined with improving living standards, have positively impacted the automotive industry, as a whole. Additionally a global shift has been witnessed in the Asia Pacific region providing opportunities to major manufacturers in the market in the form of tax cuts and government subsidies. Availability of cheap labor in this region has also been a key factor in the automotive metal casting market. China is the key growth driver as it is expected that its body safety structures will be adapted to European standards, including wider use of metal casting components.

For more information on this Automotive Metal Casting Market – Global Market Report @

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:

Market Research Future

Office No. 528,

Amanora Chambers Magarpatta Road,

Pune, India.,

Phone: +1 646 845 9312

Also See: Metal Casting, Casting Market, Automotive Metal, Automotive Industry, Metal, Market, Casting

Wall Street Window
Stock Market Financial and Global Geopolitical News
Trader On Chart - Position Size Calculator and MT4 Trade Panel
The Fastest Way to Calculate Lot Size and Open a Trade on Your MT4 Platform is by using the Trader On Chart MT4 trade panel.
Binary Options Trading Signals
BOTS room has been around for over 6 years and is the community everyone uses for strategy development for options and Forex. With market veterans with over 20 years experience, what could be better!
Find Real Estate Investment Deals
BirdDogBot runs lightning-fast searches of freely available property listing sites for the best deals in your market that meet your investing criteria.
Claim 1 FREE Stock! No Purchase Necessary!
You have a 100% chance of receiving one free stock! Click to claim and have a chance to get one share of Facebook, Visa, Microsoft and others for free!
Dividend Stocks | Top Dividend Lists and Rankings
Find the highest paying dividend stocks list based on yield and industry. Invest in high yield stocks that pay dividends.
Quality Office Furniture USA Shipped Direct - Madison Liquidators
Nationwide vendor of quality office furnishings including Desks, Office Chairs, Conference Tables, Cubicles and more!

Trend Profiteer
The FREE trading system that finds $1,000+ trades almost every day!

Trade Stocks and Options
Learn option cashflow secrets that most other option traders don't know exist!

Advertise Here