Europe Metal Casting Market Share, Trend Analysis, Growth Overview, Report 2023-2028

 According to the latest report by IMARC Group, titled, “Europe Metal Casting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the Europe metal casting market size reached US$ 26.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 33.3 Billion by 2028, exhibiting a growth rate (CAGR) of 3.8% during 2023-2028.  Metal casting is a manufacturing process that comprises adding molten metal into a mold to create a solid object. The process begins by creating a mold using a pattern or model made from wood, plastic, or metal. The mold is then filled with molten metal, which is allowed to cool and solidify. After the metal has solidified, the mold is removed, and the final product is finished by trimming or machining. Metal casting produces various products, from small metal parts to large industrial equipment. It is a versatile and cost-effective manufacturing process used across various industries.

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Europe Metal Casting Market Report 2023

Market Demand:

The market in Europe is majorly driven by the increasing demand for lightweight and durable materials. In line with this, the rapid adoption of automation and digitalization in the manufacturing process is significantly contributing to the market. Furthermore, the rising demand for lightweight and fuel-efficient vehicles is positively influencing product demand. Apart from this, the growing demand for aerospace components and the development of more efficient and cost-effective metal castings processes, such as additive manufacturing and automation, are catalyzing the market. Moreover, the escalating demand for durable and corrosion-resistant materials is propelling product adoption. Besides, the increasing demand for renewable energy sources such as wind and solar power is driving the demand for metal casting products widely used in wind turbines and solar panels. Additionally, the widespread product utilization to produce medical implants, such as dental implants, joint replacements, and pacemakers, is providing a boost to the market.

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Key Market Segmentation:

Breakup by Process:

  • Sand Casting
  • Gravity Casting
  • High-Pressure Die Casting (HPDC)
  • Low-Pressure Die Casting (LPDC)
  • Others 

Breakup by Material Type:

  • Cast Iron
  • Aluminum
  • Steel
  • Zinc
  • Magnesium
  • Others

Breakup by End Use:

  • Automotive and Transportation
  • Equipment and Machine
  • Building and Construction
  • Aerospace and Military
  • Others

Automotive and Transportation Market: Breakup by Component:

  • Alloy Wheel
  • Clutch Casing
  • Cylinder Head
  • Cross Car Beam
  • Crank Case
  • Battery Housing
  • Others 

Automotive and Transportation Market: Breakup by Vehicle Type:

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles 

Automotive and Transportation Market: Breakup by Electric and Hybrid Type:

  • Hybrid Electric Vehicles (HEV)
  • Battery Electric Vehicles (BEV)
  • Plug-In Hybrid Electric Vehicles (PHEV) 

Automotive and Transportation Market: Breakup by Application:

  • Body Assemblies
  • Engine Parts
  • Transmission Parts
  • Others 

Breakup by Country:

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others

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

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

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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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