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Automotive Casting Market Share

Report ID: GMI5052
Published Date: Aug 2024
Report Format: PDF

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Automotive Casting Market Share

The automotive casting industry has prominent players, such as Ryobi, Dynacast and endurance technologies holding a market share of 5-10%. Manufacturers are adopting strategic steps, such as mergers, acquisitions, partnerships, and collaborations, to meet the growing consumer demand and consolidate their position in the market.

Automotive Casting Market Companies

Major players operating in the automotive casting industry include:

Bell Foundry
Buhler AG
CFS Foundry
Dawang Steel Castings
Dynacast, Ryobi
Endurance Technologies
Gibbs Die Casting
Impro, Zetwerk
Martinrea International, Inc
Regensburger Druckgusswerk Wolf GmbH
Ryobi
Sunrise Metal
Zetwerk
Zollern GmbH

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of automotive casting reached USD 72.03 billion in 2023 and is set to register 5.8% CAGR between 2024 and 2032, due to population growth and urbanization, especially in developing countries.

The passenger cars segment is expected to reach USD 105.1 billion by 2032, owing to their high production volumes and strong consumer demand.

Asia Pacific market is expected to reach USD 119.16 billion by 2032, driven by rapid industrialization and urbanization in countries like China and India.

Passenger cars accounted for nearly 50% of the automotive casting market share in 2020 and will expand with the introduction of new technologies and increasing focus on reducing the vehicle weight.