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Global Aluminum Die Casting Machinery Market- AGRATI AEE Srl, Birch Machining Co , Buhler AG, among others to contribute to the market growth

Share this article NEW YORK, May 17, 2021 /PRNewswire/ The aluminum die casting machinery market is poised to grow by USD 1.18 billion during 2021-2025, progressing at a CAGR of over 5% during the forecast period.  Technavio has announced its latest market research report titled Aluminum Die Casting Machinery Market by Product and Geography - Forecast and Analysis 2021-2025 View our exclusive report on market scenarios, estimates, the impact of lockdown, and customer behaviour.  The report on the aluminum die casting machinery market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by benefits offered by die casting machines and die cast parts.

5,944 80 Thousand MT growth expected in Aluminum Casting Market | 5 31% YOY growth in 2021 amid COVID-19 Spread | APAC to Notice Maximum Growth | Technavio

NEW YORK, May 14, 2021 /PRNewswire/ The global aluminum casting market by process (die casting, permanent mold casting, and others), application (automotive, heavy machinery and industrial, aerospace and defense, construction, and others), and geography (APAC, Europe, North America, MEA, and South America) has been added to Technavio s offering. The global aluminum casting market is expected to grow by 5,944.80 thousand MT, at a CAGR of over 6% during 2021-2025. - Advertisement - The imposition of lockdowns and other restrictions by governments worldwide in 2020 severely impacted the growth of several industries such as automotive and defense. Also, most aluminum cast manufacturers were compelled to temporarily halt their production activities, which created disruptions in the supply chain. However, the resumption of manufacturing activities in Q4 2020 and the removal of lockdowns and restrictions are likely to enhance the market growth in 2021.

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