Automobile metal castings are crucial parts of automobiles. A casting is a metal piece, usually made from liquid steel that is melted and molded into a desired shape to form solid metal objects. We can see automobile metal casting in many places- the engine block, cylinder heads, steering gear casings and brake drums.
Automobile Metal Castings Metal casting is a process in which molten metal is poured into a mold to produce an object. Metal casting can also refer to the finished product. A variety of metals can be cast, including zinc, aluminium, iron, bronze, steel and many others. The term “casting” covers both the process of creating metal objects and the production of the molds used to form them.
Automobile Metal Castings is the study of how metal is cast into a desired shape. The casting process is continuous and can be classified into two types:
1. Sand Casting: sand molds are made by mixing a material, such as cement or plaster, with water to produce a slurry. This slurry is then poured into an open mold that contains the pattern for the item desired. Once the mold has been filled, it is allowed to dry until it has hardened and can then be extracted from its shell.
2. Permanent Mold Casting: Certain alloys are heated to liquid state, poured into an open mold containing the pattern for the object desired and allowed to set or solidify in its own form.
3. Sand Casting: The sand cast process employs low-cost tools, materials and equipment which makes it an affordable option for large-scale manufacturing of small items with simple shapes
4. Permanent Mold Casting:
Automobile Metal Castings Market Driver:
· Rapidly Rising Automobile Demand
Automobile Metal Castings Market Restraint:
· Automobile Industry Inclining Towards More Body Strength with Flexibility
By Material Type
· Steel
· Aluminum
· Zinc
· Others
By Application
· Body Structure
· Chassis System
· Powertrain System
· Others
By Region
· North America (U.S., Canada, Mexico)
· Europe(UK, Germany, France, Rest of Europe)
· Asia-Pacific (China, Japan, India, South Korea)
· Rest of Asia-Pacific
· Middle East & Africa
· South America
Key Players
Market leaders frequently make wise decisions to increase their brand value and assist the expansion of the product's worldwide market while encountering the fewest obstacles possible. One such clever tactic is the acquisition of rival businesses, which helps both businesses further consolidate their revenues. To stay competitive in the market, strategies largely focus on the development of new products, research and development, and also include corporate overviews, revenue breakdowns, and recent company advancements.
· Nemak (ALFA. S.A.B. de C.)
· Ryobi Limited
· GF Casting Solutions
· Rheinmetall Automotive AG (Rheinmetall AG)
· Mino International
· GIBBS (Koch Enterprises Inc.)
· Meridian Lightweight Technologies
· Handtmaan
· KSM Casting
· Ryobi Group
According to the new market research report " Automotive Metal Forming Market by Technique (Roll, Stretch, Stamping, Deep Drawing, Hydroforming), Type (Hot, Warm and Cold), Application (BIW, Chassis, Closure), Material (Steel, Aluminum, Magnesium), Vehicle (ICE & Electric) - Global Forecast to 2025", Published by MarketsandMarkets™, The Automotive Metal Forming Market is expected to grow at a CAGR of 3.2%, by value, during the forecast period.
The market is estimated to be USD 172.5 billion in 2020 and is projected to reach USD 202.2 billion by 2025.The driving factors for the Automotive Metal Forming Market are gradually increasing vehicle production across the globe (particularly in Asia Oceania) and the increasing trend of vehicle lightweighting due to stringent emission norms.Browse in-depth TOC on "Metal Forming Market"145 – Tables71 – Figures215 – PagesThe metal forming market for automotive is dominated by manufacturers such as Magna (Canada), Benteler (Germany), Tower International (UK), Toyota Boshoku (Japan), Aisin Seiki (Japan).
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=117844713“By vehicle type, passenger car is expected to hold the largest share of the Automotive Metal Forming Market”According to the Organisation Internationale des Constructeurs d’Automobiles (OICA), passenger cars accounted for 61.2% of the overall vehicle production in 2017.
Owing to the increasing passenger car production, especially in the Asia Oceania region, and high applications of metal forming, the passenger car segment is projected to share of the metal forming market, by vehicle type.“Aluminum is expected to show the fastest growth over the forecast period, by material type”The contribution of aluminium to the overall vehicle weight has grown substantially over the years.
Several automotive components are manufactured using aluminium.
In addition to high vehicle production, factors such as increasing GDP, rising per capita income, low production costs, availability of economic labour, and government initiatives for FDI have created growth opportunities for the OEMs and tier 1 players of the metal forming market in the Asia Oceania region.
The Mineral Castings Market 2021 research report gives emerging industry data, global segments and regional outlook.
This report covers up all details such as size, share, value, growth, restraints, and opportunities for the year 2020 to 2027.
The report generated using various analysis tools like porter’s five forces model, market attractiveness and value chain.
The report gives comprehensive review of the global market helping to club revenue generation and profitable business to transform client’s success.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the mineral castings market include Fritz Studer AG, Cullam Technologies Co., Ltd., EMAG, RAMPF Group, FREI, SCHNEEBERGER, Mica Advanced Materials, Gurit, BORS technology, ANDA automation equipment, Jacob Iron Works Harvest Tek Co., Ltd., Guindy Machine Tools Limited.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Mineral Castings Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/mineral-castings-market/download-sampleMarket DynamicsRapidly growing applications across vast industries drives the growth of the market.
