Automotive casting market is expected to gain considerable momentum as lockdown and restrictions on transportation are lifted and the situation returns to normal. Amid this scenario, numerous automotive casting companies are focusing on product developments and the incorporation of technological advancements, enhancing the prospects of market expansion through the forthcoming years.

The Europe automotive casting market is likely to hold over 15% share over the forecast timeframe. Continuous R&D initiatives related to automotive production and stringent regulatory environment regarding vehicle emission levels and weight reduction will fortify this growth. Regulatory bodies in the region have set up a framework to reduce vehicle emission levels and targets for vehicle manufacturers to bring down the emission levels.

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Technological advancements in automotive production is anticipated to drive the expansion of automotive casting market in the coming years. Strict regulatory norms and regulations are encouraging automobile manufacturers to control CO2 emission levels through reduction of overall vehicle weight. As a result, the demand for lightweight materials like aluminum is rising, since they provide notable weight reduction advantages.

The SARS-CoV-2 pandemic has impacted the global automotive casting market for a short term. This is mainly due to the implementation of lockdown measures comprising complete as well as a partial shutdown of production facilities by governments across the globe.

Some of the materials used for making automotive castings include steel, iron, aluminum and others like magnesium and zinc. Of these, zinc and magnesium are in high demand and are projected to exceed USD 13 billion in the upcoming years. The adoption of zinc in automotive casting is high given to its high corrosion resistance, low cost, superior strength, and exceptional stability, which are some important casting material properties.

The brakes and wheels segment is expected to hold more than 15% market share credited to the surging demand of cast wheels owing to easy workability, exceptional strength, and low weight. In 2019, manufacturer of steel wheels, Wheels India, announced its plan to launch a new cast aluminum manufacturing plant in India. While in 2021, Endurance Technologies, a Indian auto component manufacturer, announced commencement operations at its new plant that will manufacture aluminum die-castings and integrate disc brake components with control brake modulators.

Prominent automotive casting companies include Sunrise Metal, Gibbs Die, Dawang Steel Castings, Ferralloy Inc., Endurance Technologies, Dynacast, and others.

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Partial Chapter of the Table of Content

Chapter 4   Automotive Casting Market, By Material

4.1    Global market material insights

4.2    Iron

4.2.1    Market estimates and forecast, 2017 – 2027

4.2.2    Market estimates and forecast, by region, 2017 – 2027

4.3    Steel

4.3.1    Market estimates and forecast, 2017 – 2027

4.3.2    Market estimates and forecast, by region, 2017 – 2027

4.4    Aluminum

4.4.1    Market estimates and forecast, 2017 – 2027

4.4.2    Market estimates and forecast, by region, 2017 – 2027

Chapter 5   Automotive Casting Market, By Process

5.1    Global market process insights

5.2    Sand casting

5.2.1    Market estimates and forecast, 2017 – 2027

5.2.2    Market estimates and forecast, by region, 2017 – 2027

5.3    Die casting

5.3.1    Market estimates and forecast, 2017 – 2027

5.3.2    Market estimates and forecast, by region, 2017 – 2027

5.4    Investment casting

5.4.1    Market estimates and forecast, 2017 – 2027

5.4.2    Market estimates and forecast, by region, 2017 – 2027

Chapter 6   Automotive Casting Market, By Application

6.1    Global market application insights

6.2    Engine

6.2.1    Market estimates and forecast, 2017 – 2027

6.2.2    Market estimates and forecast, by region, 2017 – 2027

6.3    Transmission and suspension

6.3.1    Market estimates and forecast, 2017 – 2027

6.3.2    Automotive casting market estimates and forecast, by region, 2017 – 2027

6.4    Brakes and wheels

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