The global aluminium casting market is slated to grow at a CAGR of nearly six per cent by 2020, reveals data published in a recent report. A rise in preference for aluminium castings in the manufacture of vehicles and component parts over cast iron castings is going to drive the growth in this market. The automobiles segment alone is estimated to account for approximately 55% of the total market share by 2020, followed by industrial and domestic building and construction sector. Other end user segments creating demand for aluminium castings include heavy machinery and industrial equipment, aerospace and marine, power and hand tolls, and telecom.
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{alcircleadd}Aluminium castings are lightweight, corrosion-resistant and highly conductive metal products which can be easily customized through heat treatment. This makes them ideally suited for automobiles as they help to improve the fuel efficiency by reducing the overall weight of the vehicle. Application-wise aluminium casting market can be segmented into Die Casting and Permanent Moulding. The report suggests the aluminium die casting segment, which currently holds more than 51% of the total market share will further enhance its dominance over the market by 2020 owing to its formability and cost effectiveness.
The global aluminium casting market is characterised by the presence of many diversified international and regional manufacturers. These companies are always investing in developing new technologies and products to stay cost-effective and competitive in the market. Following are the Top Ten Aluminium Casting Manufacturers in the World:
1. Alcast Technologies
Formed as a subsidiary of Saltfleet Aluminum Foundry in 1994, Alcast Technologies Ltd. Alcast Technologies Ltd. has grown into a leading provider of quality aluminium sand casting and machining services. It produces aluminium castings ranging in size from ounces through 400lbs and serves a wide range of industries including General Industrial, Military and Aerospace. The Canadian company also provides a full-range value added services including Tooling Maintenance, Degating, Deburring, Heat Treating, CNC Machining, Blast Cleaning and Chemical / Physical Analysis to its customers.
2. Arconic
The newly formed Arconic is carrying the legacy of Alcoa (Alcoa Howmet, to be specific) in downstream aluminium manufacturing. The company is already a leader in investment casting superalloy airfoils for aero engines and industrial gas turbines, and a world class producer of titanium, aluminium and superalloy structural engine and airframe components.
Arconic Power and Propulsion's primary business is the manufacturer of precision investment castings that meet the specifications of their global customers.
3. Consolidated Metco
ConMet is a frontrunner in inventing, designing, and manufacturing of superior aluminium casting components used in the transportation industry. Their cutting edge design technologies, such as, Finite Element Analysis and Solidification Modeling, provide OEMs with the most advanced processes available today. With multiple patented, game-changing inventions such as PreSet®, PreSet PLUS™, TruTurn® and CastLite® line of products in their portfolio, the Vancouver, Washington based manufacturer stands out as the undisputed leader in the development of lightweight, high performance products for the heavy-duty truck and trailer industry.
4. Dynacast International
Dyncast is a leading supplier of the highest quality precision metal components for a wide variety of industries. Its high-end technology solutions such as Multi-Slide Die Casting, Metal Injection Molding (MIM), and interactive Process & Metal Selector allow OEMs create complex designs that are unique and non-replicable.
Dyncast recently took over Austria’s Schlieper Druckguss. The acquisition is expected to open the casting manufacturer's aluminium offerings to an expanded network of global customers.
5. Gibbs Die Casting
Gibbs calls itself a global aluminium die casting partner who provides aluminium machined and assembled castings to the auto and non-auto markets. Its capabilities include aluminium Die Casting, Machining, Value-Added Assembly, Die Building & Design, and Engineering & Prototyping.
Alloy development and enhancement of the casting process are the primary activities in the company’s materials lab. A vertically integrated company Gibbs has its presence in the USA (global headquarters), Dalian (China), Brazil and Hungary. OEMs and tier-one suppliers across the world rely on Gibbs Die Casting for their most critical aluminium and magnesium automotive components.
6. Ryobi
Ryobi Limited is a manufacturer of aluminium casting components for the automobile, electronics, telecommunications, printing equipment, power tools, and builders' hardware industries. The company is headquartered in Hiroshima, Japan, and operates 12 manufacturing facilities across six countries.
In FY2015, Ryobi Limited registered total revenue of US$2.25 billion. Its profit for the fiscal stood at US$82.5 million. Ryobi's net sales during the first six months ended September 30, 2016 was estimated at US$1.06 billion, down 3.37% from the corresponding period previous year.
7. Bodine Aluminum
Bodine Aluminum is a sand and permanent mould aluminium foundry located in Troy, Missouri. It specializes in producing high quality aluminium castings using the latest technologies including 3D printing.
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8. Martinrea Honsel
Martinrea Honsel Germany specializes in high pressure die casting, permanent mould and sand casting, rolling and machining. With product offerings as diverse as aluminium engine blocks, chassis and body components, and transmission housings, Martinrea Honsel successfully caters to the global automotive industry.
9. Leggett & Platt
Leggett & Platt is a diversified manufacturer of various engineered components and aluminium casting products. Based in Carthage, Missouri, this S&P 500 manufacturer serves a broad suite of customers including the biggest names in the residential furnishings and industrial materials sectors.
10. Endurance
Endurance is India’s leading manufacturer of diverse range of technology intensive automotive components such as aluminium die casting, suspension, transmission, brake systems produced through high pressure, low pressure & gravity die casting processes. Currently, the company is in the process of expanding its European operations to cater predominantly to the 4 wheeler OEMs in the region.
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