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Showing posts with the label Metal Casting Market Growth

Metal Casting Market Growth | Recent Trends, Development, Revenue, Demand and Forecast to 2027

  Market Highlights The Global Metal Casting Market growth is projected to be valued at USD 352.65 Billion by the end of 2024 and exhibit a healthy CAGR of 7.55% during the forecast period. The growth of the global  Metal Casting Market Growth  is primarily driven by the high demand for automobile components such as sensor and airbag housings wheels, engine components, heads, blocks, and hoods. The increasing automobile production in the developing economies on account of increased spending coupled with rising per capita disposable income of consumers is driving the growth of the automotive industry, which is likely to fuel the demand for metal casting. Additionally, increasing environmental regulations and emission targets set by the regulatory authorities such as the European Union (EU) and US Environmental Protection Agency (EPA) to curb carbon emissions have resulted in increase in the production of lightweight, hybrid, and electric vehicles, which has fueled the demand for alu

Metal Casting Market Growth, Share Growing Rapidly with Recent Trends, Overview, Demand and Forecast

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  Market Highlights The Global Metal Casting Market growth is projected to be valued at USD 352.65 Billion by the end of 2024 and exhibit a healthy CAGR of 7.55% during the forecast period. The building & construction industry is the other major consumer for metal cast products, wherein steel and aluminum are primarily used in the manufacturing of various building parts. Steel, being a versatile, and durable metal, finds applications in ceilings, roofing, heating & cooling equipment, cladding, stairs for buildings, and rebar, plates, railway tracks, and underground pipelines. With the increase in residential and non-residential construction activities, the demand for metals such as steel and aluminum is likely to increase in the construction industry. The growth of the global  Metal Casting Market Growth  is primarily driven by the high demand for automobile components such as sensor and airbag housings wheels, engine components, heads, blocks, and hoods. The increasing a