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.
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.
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Sand Casting Market Segmentation
By Type
- Aluminum Sand Casting
- Copper Sand Casting
- Iron Sand Casting
By Application
- Automotive& Transportation
- Aerospace and Defense
- Manufacturing
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Regional Analysis
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
Company Profiles
- AmTech International
- Badger Alloys, Inc.
- Bremer Manufacturing
- Brukar Inc.
- CAST RITE METAL COMPANY
- ChinaSavvy
- Gamma Foundries
- LeClaire
- MRT Castings Ltd (MRT)
- Mulan Manufacturing Group
- Rong-Feng Precise Casting Co.,Ltd.
- Sand Casting, Investment Casting and Die Casting in China
- Stainless Foundry & Engineering, Inc.
- The Federal Group USA
- Thomas Publishing LLC
- Unique Sand Casting Ltd.
- Warner Brothers Foundry
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
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Article source: https://article-realm.com/article/Business/56250-Sand-Casting-Market-Is-Likely-to-Experience-a-Tremendous-Growth-by-2030.html
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