Home > Advanced Materials > Europe Aluminum Die Casting Market Growth, Latest Trend Analysis and Forecast 2030
Straits Research

Europe Aluminum Die Casting Market

Europe Aluminum Die Casting Market is projected to reach USD 9.05 billion by 2030, growing at a CAGR of 4.28%

Table of Content Download Sample

Market Overview

The Europe Aluminum die casting market size is expected to reach a valuation of USD 9.05 billion by 2030, growing at a CAGR of 4.28% during the forecast period (2022–2030).

Aluminium can be formed in a variety of ways, but Aluminum die casting is one of the most prevalent possibilities that designers think about using.

Many automotive, industrial, and telecommunications products are made using Aluminum die casting. Additionally, it is frequently utilised in the production of components for electrical, hydraulic, and lighting systems.

The production of intricate aluminium components is made possible using a metal-forming technique known as Aluminum die casting. After being heated to extremely high temperatures, ingots of aluminium alloy are melted down completely.

A large amount of pressure is applied before injecting liquid aluminium into the cavity of a steel die, which is also referred to as a mould. The cast aluminium component is revealed when the two sides of the die are separated after the liquid aluminium has cooled and hardened. The die is composed of two halves.

The aluminium product that you get as a result of this technique is very accurately shaped, has a smooth surface, and frequently requires very little or no machining at all. Because steel dies are used in Aluminum die casting, the process may be repeated several times using the same mould before it begins to deteriorate. As a result, Aluminum die casting is excellent for the manufacturing of aluminium components in large quantities.

Market Snapshot

Base Year:
Study Period:
4.28 %
Get more information on this report Download Sample Report

Market Dynamics

Market Drivers

  • Sustainable future

Aluminium is portrayed as a key material for the transition to a more sustainable world by the aluminium industry, with the European Aluminium Association, an industry group, saying in a 2018 video, "The future of mobility is electric... Aluminium is the metal that is enabling this green electric future."

Aluminium is a very recyclable metal that is also relatively light in weight. The fact that the automobile industry is making significant efforts to cut greenhouse gas emissions and improve fuel economy is highly encouraging for the sector.

Aluminium that has been recycled can save up to 95 percent of the energy that would have been used to produce new aluminium goods from bauxite ore. In addition to this, it fosters the growth of a circular economy by including recyclable materials into the manufacturing process, thereby generating environmentally responsible corporate practises.

The increasing use of low-density aluminium alloys in aircraft fuselages is regarded as a major market driver for the aluminium casting market. The replacement of iron and steel in automobiles with aluminium to reduce CO2 emissions and vehicle bodyweight could increase overall sales and demand in the aluminium casting market and is regarded as a major opportunity for the market.

  • Increasing demand of commercial vehicle segment in Europe

The increased preference for pickup trucks and small vans over heavy-duty trucks and railways for logistics is the underlying factor driving the growth of the European light commercial vehicle market. During the forecast period, demand for lightweight vehicle components for use in light commercial vehicles is expected to skyrocket.

The majority of farms in Italy are organic and family run. These family-owned businesses rent commercial vehicles to transport their produce to nearby retail outlets, thereby propelling the market. Furthermore, with new regulations requiring LCVs to stay within the specified weight limit, OEMs must focus on producing LCVs made of lighter materials. The region's rapidly expanding e-commerce market is also driving up demand for commercial vehicles to transport goods to other countries.

Market Restraints

The presence of competitive products in the market, such as magnesium and titanium, amongst others, tends to reduce the demand for aluminium and aluminium casting, which is a major market restraint for the aluminium casting industry.

The high cost of tooling and setting up aluminium casting operations is a big issue to the market because it prevents new companies from entering the market and might be regarded a significant barrier to entry.

Segmental Analysis

The Europe Aluminum die casting market has been segmented by process and end use.

The Europe Aluminum die casting market has been divided into pressure die casting and others based on the process. The market is expected to be dominated by the pressure die casting process segment.

Pressure die casting has many advantages, including improved quality, long service life, high reliability due to homogeneity of mass-produced components, quick manufacturing, low die casting tooling maintenance, versatile design, and minimal assembly. As a result of the benefits, its widespread adoption in the sector is expected to drive the market over the forecast period.

Transportation, industrial, building & construction, telecommunication, consumer durables, energy, and others are the segments of the Europe Aluminum die casting market on the basis of end use. Moreover, the market is expected to be dominated by the transportation segment.

Because Aluminum die castings are lightweight and have good corrosion resistance, mechanical properties, and dimensional stability, their use in light and robust vehicles is growing. The adoption of lightweight vehicles is expected to fuel the rise of aluminium components in the transportation industry in the coming years, such as steering knuckles, crash management systems, closures, and structural die cast parts.

Regional Analysis

The European automotive industry is widely regarded as the most technologically advanced and innovative in the world. Due to economic and political pressures, reducing fuel consumption and CO2 emissions has become a major priority for automobile manufacturers, and reducing vehicle weight through better design and construction appeared to be the most advantageous solution. Solutions based on the extensive use of nonferrous metals as modified or new alloys are being developed specifically to meet the needs of the automotive industry.

Germany, Italy, and Russia are expected to be the top three countries. Other important European markets include the Czech Republic and Poland.

Regional Growth Insights Download Free Sample

Top Key Players of Europe Aluminum Die Casting Market

  1. Alcoa Corporation
  2. Endurance Technologies Limited
  3. Consolidated Metco, Inc.
  4. Alcast Technologies
  5. Martinrea Honsel Germany GmbH
  6. Reliance Foundry Co. Ltd.
  9. TPi Arcade
  10. DRAHTWERK ELISENTAL W. Erdmann GmbH & Co.
  11. Wagstaff Inc.
  12. Modern Aluminum Castings Co., Inc.
  13. Pacific Die Casting Corp.

Report Scope

Report Metric Details
CAGR 4.28%
Forecast Period 2023-2031
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered
  1. By Production Process
    1. Pressure Die Casting
    2. High Pressure Die Casting
    3. Low Pressure Die Casting
    4. Others
  2. By End-Use
    1. Transportation
      1. General Road Transportation
      2. Sports Road Transportation
      3. Heavy Vehicles
      4. Aerospace & Aviation
    2. Industrial
      1. Agricultural Equipment
      2. Construction Equipment
      3. Others
    3. Building & Construction
    4. Telecommunication
    5. Consumer Durables
    6. Energy
    7. Others

Recent Developments

  • February 2022, Wagstaff, Inc., headquartered in Spokane Valley, Washington, is a pioneer in the development of direct chill (DC) casting of aluminium billets and rolling ingots (slab). With over 75 years of innovation, the company has a long history of researching and developing new DC casting solutions. The company recently unveiled its new APEXTM technology for aluminium rolling ingot, which employs patented, recipe-controlled mould bore flexing throughout the casting cycle to tightly control ingot shape.
  • May 2022, Toyota Industries Corporation announced the selection of four of its materials handling products for the iF DESIGN AWARD 2022. Among them, the BT Reflex E-series electric reach lift truck manufactured by its European subsidiary was recognised with a gold award as a particularly outstanding product.

Europe Aluminum Die Casting Market Segmentation

By Production Process

  • Pressure Die Casting
  • High Pressure Die Casting
  • Low Pressure Die Casting
  • Others

By End-Use

  • Transportation

    • General Road Transportation
    • Sports Road Transportation
    • Heavy Vehicles
    • Aerospace & Aviation
  • Industrial

    • Agricultural Equipment
    • Construction Equipment
    • Others
  • Building & Construction
  • Telecommunication
  • Consumer Durables
  • Energy
  • Others

By Country

  • United Kingdom
  • France
  • Germany
  • Italy
  • Russia
  • Spain
  • Rest of Europe
Price Starts From
USD 995

Purchase Benefits

  • Eligible for a free updated report next year
  • Completely customizable scope
  • 30% discount on your next purchase
  • Dedicated account manager
  • Query resolution within 24 hours
  • Permission to print the report
Want to learn more about recent trends and data ?
They Already Trust Us :
Need Assistance?
+1 646 905 0080 (U.S.)
+44 203 695 0070 (U.K.)

Report Benefits

  • Develop business strategies by understanding the trends shaping and driving the Market.
  • Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Market in the future.
  • Formulate effective sales and marketing strategies by understanding the competitive landscape and by analysing the company share of market leaders.
  • Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
  • Track sales in the global and country-specific Market.
  • Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments and strategic partnerships.
Report Snapshot
Looking For Custom Report ?
Check Our License Options :

As featured on :

Trusted by Fortune 500
Over 30000+ subscribers