Aluminum Casting Market Size & Forecast Report,
2014 - 2025
The global aluminum casting market size is expected to value at USD 97.36 billion by 2025. The market
is subject to witness a substantial growth due to rise in the adoption of aluminum in automobile sector by
substituting heavy metals such as iron and steel. In addition, increasing adoption of aluminum metal in
building & construction industry is anticipated to boost demand of market during the forecast period.
Globally, the market is predicted to grow at CAGR of 7.8% in forecast period, providing numerous
opportunity for market players to invest for research and development in the aluminum casting market.
Wide popularity of aluminum casting among various industries is credited to its exclusive features such
as high strength and its lightweight. Constant demand from automotive industry for vehicle
manufacturing in order to enhance fuel efficiency and limit carbon dioxide emission is key driver for the
growth of the aluminum casting market in recent years. One of the widely popular segment of the
aluminum casting market is die casting. Increasing adoption of the die casting in the automotive industry
is due to factors such as high efficiency, and its ability to mold dry cast into any of shapes and size during
the casting processes.
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Aluminum casting has become vital during production of vehicle parts similar to engine cylinders, engine
blocks, gears boxes, rims, and wheel spacer. Increasing demand from automotive and transport industry
are expected to fuel growth of the aluminum casting market in coming years. Furthermore, increasing
demand for lighter vehicle and improved fuel efficiency by end-user is expected to trigger growth of the
aluminum casting market over the forecast period. Aluminum is ideal substitute for heavy metal such as
iron and steel as it limits emission of carbon dioxide into a