DUBLIN, March 4, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/gmj49q/global_aluminum) has announced the addition of the "Global Aluminum Casting Market 2016-2020" report to their offering.
The global aluminum casting market is set to grow at a CAGR of 5.82% during the 2016-2020 period.
The report, Global Aluminum Casting Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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.
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.
Questions Answered:
Companies Mentioned:
Report Structure:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 07: Segmentation by application
PART 08: Segmentation by geography
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Appendix
PART 16: About Author
For more information visit http://www.researchandmarkets.com/research/gmj49q/global_aluminum
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SOURCE Research and Markets
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