Aluminum die casting market was valued at USD 23.70 billion in 2021 and is expected to reach USD 50.07 billion by 2029, registering a CAGR of 9.80% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
The aluminum die casting is the process of making complex aluminum parts using a furnace, metal, die casting machine and a specific die. The aluminum alloys for die casting are melted in the furnace and then injected into the dies by the machine. Alloy 380.0 alloy is widely being used for die casting and can also cast aluminum alloys 360, 390 and 413. They also act as a metals' surface coating that display excellent corrosion resistance.
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Some of the major players operating in the aluminum die casting market are:
Global Aluminum Die Casting Market Scope:
Casting Process