Sand Casting Market
Global Sand Casting Market Size, Share & Trends Analysis Report by Types (Aluminum Sand Casting Products, Copper Sand Casting Products, and Iron Sand Casting Products), and by Application (Automotive Industry, Aerospace, and Military Industry, Manufacturing Industry) Forecast Period (2021-2027) Update Available - Forecast 2024-2030
The global sand casting market is anticipated to grow at a significant CAGR during the forecast period. The primary factor driving the sand casting market is increased demand for sand casting products for the automotive industry. Due to enhanced economic conditions, there is a boost in the automobile sector. Families are owing more than one vehicle which leads to an increase in the manufacture of vehicles. This has given rise to the automobile sector, as a result, there is an increase in the demand for sand casting products due to the application of sand casting products in the automobile industry.
For instance, G&W provides 3D additive sand printing of cores and molds to assist the quick prototyping of components for electric vehicles (EV). In order to compete with ICE engines and lower the overall cost of electric vehicles. Sand casting is able to design specific, lightweight, and huge castings required for the production of EV technology. This process is considered noteworthy to fulfill the need for EV.
Impact of COVID-19 Pandemic on Global Sand Casting Market
The COVID-19 pandemic has significantly affected the sand casting market due to constant lockdown in various countries. The products manufactured with the help of the sand casting process are utilized in numerous other industries such as automobile, construction, manufacturing, aerospace, and other industries. Due to this lockdown manufacturing of almost every industry was immobile, as a result, there was an adverse effect on the demand for the sand casting market.
Foundries should work on the development of long-term solutions to meet future challenges and remain competitive in the market. For instance, Atik Metal, a known foundry company identified the opportunity to invest in innovative molding sand preparation from Maschinenbabrik Gustav Eirich. The EIRICH mixing system focuses on providing better quality molding materials and protecting the environment and resources.
Segmental Outlook
The global sand casting market is segmented based on the types and applications. Based on the types, the market is segmented into aluminum sand casting products, copper sand casting products, and iron sand casting products. Based on the application, the market is sub-segmented into the automotive industry, aerospace and military industry, and manufacturing industry. Out of the application segment, sand casting is frequently used in the automotive industry to produce parts such as brake drums, engine parts, and wheels.
Global Sand Casting Market Share by Type, 2020 (%)
The Automotive Industry Segment Holds the Major Share in the Global Sand Casting Market
Sand casting is ideal for engine components that require low weight and high strength. The aluminum sand casting is considered favorable for the improvement of overall engine performance. For instance, in February 2019, Rheinmettal automotive and Huayu collaborated to construct a new process that is suitable for complex engine designs and electric motor vehicles. With the help of low-pressure sand casting, around three to five percent weight saving can be achieved with less input of material. In addition, the casting takes a relatively low cycle time.
Regional Outlooks
The global sand casting market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement.
Global Sand Casting Market Growth, by Region 2021-2027
The Asia-Pacific Region Holds the Major Share in the Global Sand Casting Market
Based on geography Asia-Pacific holds the major share in the global sand casting market due to the high demand for automobile sand casting products. Countries like India, China, and Japan are manufacturing canters of automobiles. For instance, in May 2020, Peekay Steel Casting installed Voxeljet VX4000 sand 3D printing platform. This sale is the representation of Voxeljet’s presence in the Indian market. 3D printing is the competitive advantage for Peekay to manufacture complex designs in a short period.
Market Players Outlook
The major companies serving the global sand casting market include AmTech International, Badger Alloys Inc., Bremer Manufacturing, Brukar Inc., CAST RITE METAL COMPANY, ChinaSavvy, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in April 2021, Wisconsin Aluminum Foundry acquired Wabash Castings, Inc. which is the provider of aluminum sand casting solutions from its design to end product.
The Report Covers
• Market value data analysis of 2020 and forecast to 2027.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global sand casting market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global SAND CASTING Market
• Recovery Scenario of Global SAND CASTING Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Harrison Castings Ltd.
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Impro Precision Industries Limited.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Reliance Foundry Co. Ltd.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Key Strategy Analysis
3.5. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Sand Casting Market by Type
4.1.1. Aluminum Sand Casting
4.1.2. Copper Sand Casting
4.1.3. Iron Sand Casting
4.2. Global Sand Casting Market by Application
4.2.1. Automotive& Transportation
4.2.2. Aerospace and Defense
4.2.3. Manufacturing
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. AmTech International
6.2. Badger Alloys, Inc.
6.3. Bremer Manufacturing
6.4. Brukar Inc.
6.5. CAST RITE METAL COMPANY
6.6. ChinaSavvy
6.7. Gamma Foundries
6.8. LeClaire
6.9. MRT Castings Ltd (MRT)
6.10. Mulan Manufacturing Group
6.11. Rong-Feng Precise Casting Co.,Ltd.
6.12. Sand Casting, Investment Casting and Die Casting in China
6.13. Stainless Foundry & Engineering, Inc.
6.14. The Federal Group USA
6.15. Thomas Publishing LLC
6.16. Unique Sand Casting Ltd.
6.17. Warner Brothers Foundry
1. GLOBAL SAND CASTING MARKET RESEARCH AND ANALYSIS BY TYPES, 2020-2027 ($ MILLION)
2. GLOBAL ALUMINUM SAND CASTING PRODUCTS FOR SAND CASTING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL COPPER SAND CASTING PRODUCTS FOR SAND CASTING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL IRON SAND CASTING PRODUCTS FOR SAND CASTING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL SAND CASTING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
6. GLOBAL AUTOMOMOTIVE INDUSTRY FOR SAND CASTING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL AEROSPACE AND MILITARY INDUSTRY FOR SAND CASTING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL MANUFACTURING INDUSTRY FOR SAND CASTING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL SAND CASTING MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
10. NORTH AMERICAN SAND CASTING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
11. NORTH AMERICAN SAND CASTING MARKET RESEARCH AND ANALYSIS BY TYPES, 2020-2027 ($ MILLION)
12. NORTH AMERICAN SAND CASTING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
13. EUROPEAN SAND CASTING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
14. EUROPEAN SAND CASTING MARKET RESEARCH AND ANALYSIS BY TYPES, 2020-2027 ($ MILLION)
15. EUROPEAN SAND CASTING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
16. ASIA-PACIFIC SAND CASTING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
17. ASIA-PACIFIC SAND CASTING MARKET RESEARCH AND ANALYSIS BY TYPES, 2020-2027 ($ MILLION)
18. ASIA-PACIFIC SAND CASTING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
19. REST OF THE WORLD SAND CASTING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
20. REST OF THE WORLD SAND CASTING MARKET RESEARCH AND ANALYSIS BY TYPES, 2020-2027 ($ MILLION)
21. REST OF THE WORLD SAND CASTING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL SAND CASTING MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL SAND CASTING MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL SAND CASTING MARKET, 2021-2027 (%)
4. GLOBAL SAND CASTING MARKET SHARE BY TYPES, 2020 VS 2027 (%)
5. GLOBAL ALUMINUM SAND CASTING PRODUCTS FOR SAND CASTING MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
6. GLOBAL COPPER SAND CASTING PRODUCTS FOR SAND CASTING MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
7. GLOBAL IRON SAND CASTING PRODUCTS FOR SAND CASTING MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL SAND CASTING MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
9. GLOBAL AUTOMOMOTIVE INDUSTRY FOR SAND CASTING MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
10. GLOBAL AEROSPACE AND MILITARY INDUSTRY FOR SAND CASTING MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
11. GLOBAL MANUFACTURING INDUSTRY FOR SAND CASTING MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
12. GLOBAL SAND CASTING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
13. US SAND CASTING MARKET SIZE, 2020-2027 ($ MILLION)
14. CANADA SAND CASTING MARKET SIZE, 2020-2027 ($ MILLION)
15. UK SAND CASTING MARKET SIZE, 2020-2027 ($ MILLION)
16. FRANCE SAND CASTING MARKET SIZE, 2020-2027 ($ MILLION)
17. GERMANY SAND CASTING MARKET SIZE, 2020-2027 ($ MILLION)
18. ITALY SAND CASTING MARKET SIZE, 2020-2027 ($ MILLION)
19. SPAIN SAND CASTING MARKET SIZE, 2020-2027 ($ MILLION)
20. REST OF EUROPE SAND CASTING MARKET SIZE, 2020-2027 ($ MILLION)
21. INDIA SAND CASTING MARKET SIZE, 2020-2027 ($ MILLION)
22. CHINA SAND CASTING MARKET SIZE, 2020-2027 ($ MILLION)
23. JAPAN SAND CASTING MARKET SIZE, 2020-2027 ($ MILLION)
24. SOUTH KOREA SAND CASTING MARKET SIZE, 2020-2027 ($ MILLION)
25. REST OF ASIA-PACIFIC SAND CASTING MARKET SIZE, 2020-2027 ($ MILLION)
26. REST OF THE WORLD SAND CASTING MARKET SIZE, 2020-2027 ($ MILLION)
