Commenting on the report, an analyst said: "Many countries are implementing stringent manufacturing standards to reduce the impact on the environment. These regulations compel manufacturers to use technologies that reduce harmful emissions into the environment. For instance, the US EPA limits carbon dioxide emissions to 1,000 pounds per megawatt hour of electricity produced to reduce GHG emissions."
According to the report, growth of automobile industry drives the global aluminum casting market during the forecast period. Aluminum is preferred over other metals such as steel for casting in the automobile industry due to its lightweight property. This helps in reducing fuel consumption and emissions. Aluminum is easily recyclable and resistant to corrosion, ensuring sustainability and durability of the vehicles. Automobile components such as transmission housings, cylinder heads, crankcases, and engine blocks are manufactured using aluminum casting.
For more information Inquire @ http://www.sandlerresearch.org/inquire-before-buying?rname=51839
Further, the report states that the high power cost increases the production cost of aluminum, leading to a rise in the cost of downstream products and affecting the profit margins for vendors.
Top vendors are Alcast Technologies, Alcoa Howmet, Consolidated Metco, Dynacast International, Gibbs Die Casting and Ryobi.
Other Prominent Vendors in the market are: Bodine Aluminum, Martinrea Honsel Germany, and Leggett & Platt.
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the
Key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Purchase report directly @ http://www.sandlerresearch.org/purchase?rname=51839 Single user copy USD2500
Table of Content for Global Aluminum Casting Market 2016-2020:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
Key market highlights
Advantages of aluminum casting
PART 05: Market landscape
Global aluminum casting market
Five forces analysis
PART 06: Segmentation by process
Global aluminum casting market by process
Global aluminum die casting market
Global aluminum permanent mold casting market
PART 07: Segmentation by application
Global aluminum casting market by application
Global aluminum casting market for automobile applications
Global aluminum casting market for heavy machinery and industrial applications
Global aluminum casting market for aerospace and defense applications
Global aluminum casting market for building and construction hardware applications
Global aluminum casting market for power and hand tools applications
Global aluminum casting market for telecom applications
PART 08: Segmentation by geography
Global aluminum casting market by geography
Aluminum casting market in APAC
Aluminum casting market in the Americas
Aluminum casting market in Europe
PART 09: Market drivers
Growth of automobile industry
Increased use of simulation-based castings
Rise in demand from APAC
PART 10: Impact of drivers
PART 11: Market challenges
Growing energy requirements
Increased competition from Chinese suppliers
Fluctuations in LME prices
PART 12: Impact of drivers and challenges
PART 13: Market trends
Stringent government regulations
Shift from ferrous to non-ferrous casting
Adoption of computer-integrated manufacturing systems
PART 14: Vendor landscape
Consolidated Metco (ConMet)
Gibbs Die Casting
PART 15: Appendix
List of abbreviations
List of Exhibits
Exhibit 01: Segmentation of global aluminum casting market
Exhibit 02: Global aluminum casting market by process
Exhibit 03: Global aluminum casting market by application
Exhibit 04: Global aluminum casting market by geography
Exhibit 05: Global non-ferrous metal casting market 2015
Exhibit 06: Global aluminum market by product 2015
Exhibit 07: Global aluminum casting market value chain
Exhibit 08: Global aluminum LME prices July 2005-July 2015 ($ per metric ton)
Exhibit 09: Global aluminum casting market 2015-2020 (million MT)
Exhibit 10: Five forces analysis
Inquire for Discount @ http://www.sandlerresearch.org/discount?rname=51839
Sandlerresearch.org is an online market research store for research reports on multiple industries. These reports provide market analysis, trends and opportunities and forecast about industries that helps to make a right decision for the business.