The non-ferrous product segment is expected to hold the largest market share during the forecast period. Non-ferrous materials including magnesium, aluminum, copper, and zinc are highly used in lighter parts as well as offer better structural strength.

In a recent research report by Maximize Market Research, the Industrial Casting Market is expected to surpass US $ XX Bn by the year 2026, from US $ XX Bn in 2019.

Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than 5%, during the tenure of 2020 – 2026.

The report published by Maximize encompasses the market dynamics, which could affect the market growth of Industrial Casting in the region, the Value – Chain Analysis, and the PORTER’s analysis for the industrial casting market at a global level.

The study is consolidated based on two major segments and further into sub-segments, by Product (ferrous castings and non-ferrous castings), and by End-User (transportation, industrial, building & construction, and others) to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2019, considering 2019 as the base year.

Lastly, the market research report provides a regional comparison and a complete country level analysis for the latest trends, along with the major key players – Alcoa, Ryobi, Martinrea Honsel, Gibbs Die Casting, Alcast, Hitachi Metals, Dynacast, Consolidated Metco, Precision Castparts, Avalon Precision Casting, ESCO Corp., Great Lakes Castings LLC, Impro Precision Industries Ltd., KSB SE, and Co. KGaA, Meridian Lightweight Technologies Inc., and ThyssenKrupp.

You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Industrial Casting Market.”

https://www.maximizemarketresearch.com/market-report/global-industrial-casting-market/107731/

Contact:

MAXIMIZE MARKET RESEARCH PVT. LTD.

Omkar Heights, ManikBaug,

Vadgaon Bk, Sinhagad Road,

Pune – 411051,

Maharashtra, India.

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