Aluminum Die Casting Market Size, Share, Trends, Dynamics, Forecast, & Growth Analysis
The aluminum die casting market was estimated at USD 69.8 billion in 2021 and is likely to grow at a CAGR of 5.44% during 2022-2028 to reach USD 101.48 billion in 2028. Growing demand for aluminum in various applications is anticipated to drive the market during 2021-26. Increasing preference for high-strength and lightweight castings, especially in the automotive industry for fuel efficiency. The replacement of iron and steel with aluminum and the growing automobile industry will drive the market.