Global Aluminum Casting market will reach 51700 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/8/28

Casting is a simple, inexpensive and versatile way of forming aluminum into a wide array of products. Such items as power transmissions and car engines and the cap atop the Washington Monument were all produced through the aluminum casting process.
China is a big aluminum casting consumption country, but it is not strong country. According to our research and analysis, manufacturers from USA and Europe are the major leaders in the international market of aluminum casting.

In application, aluminum casting downstream is wide and recently aluminum casting has acquired increasing significance in various fields of automotive, aerospace &military, Engineering Machinery and general industrial machinery and others. Globally, the aluminum casting market is mainly driven by growing demand for automotive which accounts for nearly 51.72% of total downstream consumption of aluminum casting in global.

The global Aluminum Casting market is valued at 37500 million US$ in 2018 is expected to reach 51700 million US$ by the end of 2025, growing at a CAGR of 4.1% during 2019-2025.

Click to view the full report:
https://www.qyresearch.com/index/detail/960735/global-aluminum-casting-market
This article was first released by QYResearch, if reproduced, please indicate the source.
Telephone number:020-86655165
Contact:press@qyresearch.com
When contacting, please refer to QYR company's Mia introduction.