Aluminum Casting Industry The global aluminum casting market was valued at USD 90.97 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.1% from 2023 to 2030. One of the key factors driving this growth is the increasing use of aluminum in the automotive industry due to its high strength and lightweight properties. Currently, about 30-40% of the aluminum used...

Aluminum Casting Industry Overview The global aluminum casting market reached a valuation of USD 90.97 billion in 2022, with expectations to grow at a compound annual growth rate (CAGR) of 5.1% from 2023 to 2030. A primary driver for this market growth is the increasing utilization of aluminum in the automotive industry, where its high strength and lightweight properties make it an ideal...

The global aluminum casting market size is expected to reach USD 135.20 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.1% from 2023 to 2030. Rising demand for lightweight vehicles is anticipated to propel market growth as the product is used in manufacturing various auto components. According to the Center for Automotive...

The global aluminum casting market size was valued at USD 90.97 billion in 2022 and is estimated to exhibit a compound annual growth rate (CAGR) of 5.1% from 2023 to 2030. The increasing use of aluminum in automobiles owing to its high strength and lightweight is likely to drive the market over the coming years. Nearly 30-40% of aluminum is being used per lightweight vehicle every year and is...

Aluminum Casting Industry The global aluminum casting market was valued at USD 90.97 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.1% from 2023 to 2030. One of the key factors driving this growth is the increasing use of aluminum in the automotive industry due to its high strength and lightweight properties. Currently, about 30-40% of the aluminum used...