Metal Casting Market Forecast 2027 - Overall Growth & Opportunities
The global Metal Casting Market is projected to grow at a CAGR during 2023-2027. The major factors contributing to the growth of the market are growing vehicle production, increasing trend for lightweight vehicles, and growing stringency in emission & fuel efficiency regulations. However, low vehicle sales due to COVID-19 can hamper the growth of the metal casting market in 2021. Based on vehicle type, the market has been segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles. In 2020, the passenger cars segment dominated the metal casting market due to increasing sales & production of passenger cars and growing average content in passenger cars. In terms of regional analysis, the APAC region dominated the metal casting market in 2020 due to increasing vehicle sales, and the growing presence of OEMs, domestic as well as international, in the region. Some of the major players operating in the metal casting Market Mino Industri...