According to the latest report by IMARC Group, titled “Europe Metal Casting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the Europe metal casting market size is currently witnessing moderate growth. Looking forward, IMARC Group expects the market is expected to continue its moderate growth during 2021-2026.
Metal casting is a process wherein a part or product from hot molten metal is formed using a hollow container. It involves the effective utilization of reliable metals, such as ductile iron, gray iron, steel, aluminum, copper, and zinc. At present, metal casting products are used to produce goods and equipment for home appliances, critical components, and automobiles across Europe.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally-our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
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Europe Metal Casting Market Trends:
There is a considerable rise in the demand for commercial vehicles in Europe due to the thriving industrial sector and the development of commercial operations in logistics. This represents one of the primary factors favorably influencing the growth of the market. Besides this, governing agencies of several countries are implementing stringent regulations to minimize carbon emissions. This has resulted in an escalating demand for lightweight metal casting products in the region. The market is also driven by technological advancements, such as computer-based visualization for die casters and lost foam casting to create alternative means for molding.
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Europe Metal Casting Market 2021-2026 Analysis and Segmentation:
Breakup by Process:
- Gravity Casting
- High-Pressure Die Casting (HPDC)
- Low-Pressure Die Casting (LPDC)
- Sand Casting
Breakup by Material Type:
- Cast Iron
Breakup by Components:
- Alloy Wheel
- Battery Housing
- Clutch Casing
- Cross Car Beam
- Crank Case
- Cylinder Head
Breakup by Vehicle Type:
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Breakup by Electric and Hybrid Type:
- Hybrid Electric Vehicles (HEV)
- Plug-In Hybrid Electric Vehicles (PHEV)
- Battery Electric Vehicles (BEV)
Breakup by Application:
- Body Assemblies
- Engine Parts
- Transmission Parts
Breakup by Country:
- United Kingdom
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key Highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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