The rising strength of aluminum die-castings in recent years is mostly traceable to automotive industry, which has experienced considerable growth in sales of cars and light-duty trucks. These motor vehicles witnessed a significant increase in use of components such as die-castings made of aluminum.
Europe is the largest aluminum die-castings market (http://www.strategyr.com/Aluminum_Die_Castings_Market_Report.asp) in the world and is projected to exceed 4.6
billion pounds by the year 2012, as stated by Global Industry Analysts, Inc. Asia-Pacific region, which has been witnessing increased manufacturing activity of automotives, is projected
to register a CAGR of more than 6.6% during the five year analysis period, 2008-2012. Automotive/internal combustion engines (http://www.strategyr.com/Aluminum_Die_Castings_Market_Report.asp) market is the largest and the fastest growing
end-use segment in the global aluminum die-castings market. The segment is projected to exceed 12.6 billion pounds by the year 2012, reflecting a CAGR of 5.3%, over 2008-2012 period.
Demand for aluminum die-castings in Industrial, Commercial 's38; Defense (http://www.strategyr.com/Aluminum_Die_Castings_Market_Report.asp) market is projected to reach 1.1 billion pounds by
2012.
An emerging trend in die-castings is the increasing co-operation between end-users and die-casters. Increasing competition, pricing pressures, and faster lead times are necessitating
these co-operations. Additionally larger die-casters are also being given the role of assembling small parts, and finishing jobs such as painting or plating of parts. The report states
that apart from savings realized through such co-operations, the quality of products would also improve as design or quality issues are resolved before commercial production, thereby
providing for a healthier business environment.
Key players dominating the global aluminum die-castings market include Alcast Company, Alcoa Howmet Castings, Bodine Aluminum Inc., Consolidated Metco Inc., Contech US LLC, Dynacast Inc.,
Gibbs Die Casting Corp., Honsel GmbH 's38; Co. KG, Intermet Corporation, J. L. French Automotive Castings Inc., Kaiser Aluminum Corporation, Leggett 's38; Platt Inc., Los Angeles Die
Casting Company, Rio Tinto Alcan Inc., Rochester Aluminum Smelting Canada Ltd., Ryobi Limited, Shanghai Cosmopolitan Automobile Accessory Co. Ltd., and Trident Components Group Ltd.
The report titled Aluminum Die-Castings: A Global Strategic Business Report published by Global Industry Analysts, Inc., provides a comprehensive review of market trends and issues,
technology barriers, metal casting industry, and aluminum industry. The report also enumerates recent developments, mergers, acquisitions and other strategic industry activities. The
study analyzes market data and analytics in volume sales for major geographic markets, including the US, Canada, Japan, France, Germany, United Kingdom, Italy, Spain, Russia,
Asia-Pacific, Middle East, and Latin America. End-Use segments analyzed include Automotive/Internal Combustion Engines; Industrial, Commercial 's38; Defense; Consumer OEMs; and Computers
and Telecommunications.
For more details about this research report, please visit
http://www.strategyr.com/Aluminum_Die_Castings_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (http://www.StrategyR.com/) is a reputed publisher of off-the-shelf market research. Founded in 1987, the
company is globally recognized as one of the world'ss largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research
reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports
encompassing all major industries worldwide.
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