Global Aluminum Casting Market 2016-2020
Author: Date: 2016-3-15 10:05:41
About Aluminum Casting
Casting is used for making geometrically complex parts using metals and cold setting materials. It is of two types: ferrous and non-ferrous. Aluminum,zinc,magnesium,and copper-based alloys are the most common non-ferrous metals used for casting.
Aluminum cast components are used in the manufacturing of sub-assemblies of planes,vehicles,and trains. They are also used in industries such as construction,mining,and electrical equipment. The demand from small appliance part manufacturers,lawnmowers,and the automotive and other machinery industries will boost the growth of the global aluminum castings market.
The analysts forecast the global aluminum casting market to grow at a CAGR of 5.82% during the period 2016-2020.