중남미 금속 주조 시장 : 지역 분석 - 제품 유형, 프로세스, 용도별 예측(-2030년)

The South & Central America metal casting market was valued at US$ 4,971.94 million in 2022 and is expected to reach US$ 6,416.40 million by 2030; it is estimated to grow at a CAGR of 3.2% from 2022 to 2030.

Rising Demand for Lightweight Materials Fuels the South & Central America Metal Casting Market

The rising demand for lightweight materials is a key opportunity influencing the growth and evolution of metal casting market. Industries such as automotive, aerospace, and even certain segments of consumer goods are increasingly prioritizing materials that offer high strength while being lighter in weight. This shift is primarily driven by the need to enhance fuel efficiency, reduce emissions, and improve overall performance.

Metal casting techniques play a crucial role in meeting this demand for lightweight materials by offering the ability to produce intricate and complex components from alloys like aluminum, magnesium, and their composites. These alloys possess favorable characteristics such as high strength-to-weight ratios, corrosion resistance, and excellent formability, making them ideal for applications requiring reduced weight without compromising structural integrity.

In the automotive sector, for instance, lighter metal cast components, particularly engine parts and structural elements, contribute to enhanced fuel efficiency and better overall vehicle performance. Similarly, in the aerospace industry, utilizing lightweight metal castings in aircraft components helps reduce fuel consumption and increases payload capacity.

The metal casting market's response to this demand involves continuous research and development into innovative alloys, casting processes, and technologies to optimize lightweight materials' properties and performance.

South & Central America Metal Casting Market Overview

Governments of various countries in South & Central America are focusing on developing manufacturing industries owing to surging industrialization, which is expected to boost the demand for metal casting in the industrial machineries during the forecast period. Further, the significant presence of automotive companies in Brazil and Argentina is propelling the sales of metal casting in the region. According to the report by the Brazilian Association of Automotive Vehicle Manufacturers, the production of automobiles in Brazil grew by 11.4%, whereas the sales were boosted by 10.9% from February to March 2022. Moreover, a few major market players operating in the automotive sector have strategized the development and expansion of their operational capacities in South & Central America to fuel the growth of the automotive market, thereby signifying the growth in automotive sector. For instance, in 2022, Audi AG invested US$ 19.2 million to restart production at its plant in Parana, Brazil, registering a capacity of 4,000 vehicles per year. Furthermore, the expansion of building and construction across the region owing to rapid urbanization is boosting the demand of metal casting. Moreover, the increasing presence of end-use industries, coupled with growing development strategies, is expected to boost the metal casting market during the forecast period.

South & Central America Metal Casting Market Revenue and Forecast to 2030 (US$ Mn)

South & Central America Metal Casting Market Segmentation

The South & Central America metal casting market is segmented into product type, process, application, and country.

Based on product type, the South & Central America metal casting market is segmented into carbon steel alloys, stainless steel alloys, aluminum alloys, grey iron, ductile iron, and others. The grey iron segment held the largest market share in 2022.

Based on process, the South & Central America metal casting market is divided into sand casting, investment casting, gravity die casting, and others. The sand casting segment held the largest market share in 2022.

Based on application, the South & Central America metal casting market is segmented into automotive, aerospace, marine, textile, building and construction, oil and gas, industrial machinery, and others. The automotive segment held the largest market share in 2022.

Based on country, the South & Central America metal casting market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America metal casting market share in 2022.

Alcoa Corp, ArcelorMittal SA, Lucchini RS SpA, and Posco Holdings Inc are some of the leading companies operating in the South & Central America metal casting market.

Table Of Contents

1. Introduction

• 1.1 The Insight Partners Research Report Guidance
• 1.2 Market Segmentation

2. Executive Summary

• 2.1 Key Insights
• 2.2 Market Attractiveness
  • 2.2.1 Market Attractiveness

3. Research Methodology

• 3.1 Coverage
• 3.2 Secondary Research
• 3.3 Primary Research

4. South & Central America Metal Casting Market Landscape

• 4.1 Overview
• 4.2 Porter's Five Forces Analysis
  • 4.2.1 Bargaining Power of Suppliers
  • 4.2.2 Bargaining Power of Buyers
  • 4.2.3 Threat of New Entrants
  • 4.2.4 Competitive Rivalry
  • 4.2.5 Threat of Substitutes
• 4.3 Ecosystem Analysis
  • 4.3.1 Raw Material Suppliers:
  • 4.3.2 Manufacturers:
  • 4.3.3 Distributors or Suppliers:
  • 4.3.4 End Use Industry:

5. South & Central America Metal Casting Market - Key Market Dynamics

• 5.1 Market Drivers
  • 5.1.1 Growing Automotive and Construction Industry
  • 5.1.2 Rising Demand for Industrial Machineries
• 5.2 Market Restraints
  • 5.2.1 Availability of Metal Casting Alternatives
• 5.3 Market Opportunities
  • 5.3.1 Rising Demand for Lightweight Materials
• 5.4 Future Trends
  • 5.4.1 Advancements in Casting Technologies
• 5.5 Impact Analysis

6. Metal Casting Market - South & Central America Market Analysis

• 6.1 South & Central America Metal Casting Market Volume (Kilo Tons)
• 6.2 South & Central America Metal Casting Market Revenue (US$ Million)
• 6.3 South & Central America Metal Casting Market Forecast and Analysis

7. South & Central America Metal Casting Market Analysis - Product Type

• 7.1 Carbon Steel Alloys
  • 7.1.1 Overview
  • 7.1.2 Carbon Steel Alloys Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
• 7.2 Stainless Steel Alloys
  • 7.2.1 Overview
  • 7.2.2 Stainless Steel Alloys Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
• 7.3 Aluminum Alloys
  • 7.3.1 Overview
  • 7.3.2 Aluminum Alloys Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
• 7.4 Grey Iron
  • 7.4.1 Overview
  • 7.4.2 Grey Iron Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
• 7.5 Ductile Iron
  • 7.5.1 Overview
  • 7.5.2 Ductile Iron Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
• 7.6 Others
  • 7.6.1 Overview
  • 7.6.2 Others Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)

8. South & Central America Metal Casting Market Analysis - Process

• 8.1 Sand Casting
  • 8.1.1 Overview
  • 8.1.2 Sand Casting Market, Revenue and Forecast to 2030 (US$ Million)
• 8.2 Investment Casting
  • 8.2.1 Overview
  • 8.2.2 Investment Casting Market, Revenue and Forecast to 2030 (US$ Million)
• 8.3 Gravity Die Casting
  • 8.3.1 Overview
  • 8.3.2 Gravity Die Casting Market, Revenue and Forecast to 2030 (US$ Million)
• 8.4 Others
  • 8.4.1 Overview
  • 8.4.2 Others Market, Revenue and Forecast to 2030 (US$ Million)

9. South & Central America Metal Casting Market Analysis - Application

• 9.1 Automotive
  • 9.1.1 Overview
  • 9.1.2 Automotive Market, Revenue, and Forecast to 2030 (US$ Million)
• 9.2 Aerospace
  • 9.2.1 Overview
  • 9.2.2 Aerospace Market Revenue, and Forecast to 2030 (US$ Million)
• 9.3 Marine
  • 9.3.1 Overview
  • 9.3.2 Marine Market Revenue and Forecast to 2030 (US$ Million)
• 9.4 Building and Construction
  • 9.4.1 Overview
  • 9.4.2 Building and Construction Market Revenue and Forecast to 2030 (US$ Million)
• 9.5 Oil and Gas
  • 9.5.1 Overview
  • 9.5.2 Oil and Gas Market Revenue and Forecast to 2030 (US$ Million)
• 9.6 Industrial Machinery
  • 9.6.1 Overview
  • 9.6.2 Industrial Machinery Market Revenue and Forecast to 2030 (US$ Million)
• 9.7 Others
  • 9.7.1 Overview
  • 9.7.2 Others Market Revenue and Forecast to 2030 (US$ Million)

10. South & Central America Metal Casting Market - Country Analysis

• 10.1 Overview
  • 10.1.1 South & Central America Metal Casting Market Revenue and Forecasts and Analysis - By Countries
    • 10.1.1.1 South & Central America Metal Casting Market Breakdown by Country
    • 10.1.1.2 Brazil: South & Central America Metal Casting Market Volume and Forecasts to 2030 (Kilo Tons)
    • 10.1.1.3 Brazil: South & Central America Metal Casting Market Revenue and Forecasts to 2030 (US$ Million)
      • 10.1.1.3.1 Brazil: South & Central America Metal Casting Market Breakdown by Product Type
      • 10.1.1.3.2 Brazil: South & Central America Metal Casting Market Breakdown by Product Type
      • 10.1.1.3.3 Brazil: South & Central America Metal Casting Market Breakdown by Process
      • 10.1.1.3.4 Brazil: South & Central America Metal Casting Market Breakdown by Application
    • 10.1.1.4 Argentina: South & Central America Metal Casting Market Volume and Forecasts to 2030 (Kilo Tons)
    • 10.1.1.5 Argentina: South & Central America Metal Casting Market Revenue and Forecasts to 2030 (US$ Million)
      • 10.1.1.5.1 Argentina: South & Central America Metal Casting Market Breakdown by Product Type
      • 10.1.1.5.2 Argentina: South & Central America Metal Casting Market Breakdown by Product Type
      • 10.1.1.5.3 Argentina: South & Central America Metal Casting Market Breakdown by Process
      • 10.1.1.5.4 Argentina: South & Central America Metal Casting Market Breakdown by Application
    • 10.1.1.6 Rest of South & Central America: South & Central America Metal Casting Market Volume and Forecasts to 2030 (Kilo Tons)
    • 10.1.1.7 Rest of South & Central America: South & Central America Metal Casting Market Revenue and Forecasts to 2030 (US$ Million)
      • 10.1.1.7.1 Rest of South & Central America: South & Central America Metal Casting Market Breakdown by Product Type
      • 10.1.1.7.2 Rest of South & Central America: South & Central America Metal Casting Market Breakdown by Product Type
      • 10.1.1.7.3 Rest of South & Central America: South & Central America Metal Casting Market Breakdown by Process
      • 10.1.1.7.4 Rest of South & Central America: South & Central America Metal Casting Market Breakdown by Application

11. Competitive Landscape

• 11.1 Heat Map Analysis By Key Players
• 11.2 Company Positioning & Concentration
• 11.3 Company Profitability Margin

12. Industry Landscape

• 12.1 Overview
• 12.2 Market Initiative
• 12.3 New Product Development
• 12.4 Merger and Acquisition

13. Company Profiles

• 13.1 Lucchini RS SpA
  • 13.1.1 Key Facts
  • 13.1.2 Business Description
  • 13.1.3 Products and Services
  • 13.1.4 Financial Overview
  • 13.1.5 SWOT Analysis
  • 13.1.6 Key Developments
• 13.2 Posco Holdings Inc
  • 13.2.1 Key Facts
  • 13.2.2 Business Description
  • 13.2.3 Products and Services
  • 13.2.4 Financial Overview
  • 13.2.5 SWOT Analysis
  • 13.2.6 Key Developments
• 13.3 ArcelorMittal SA
  • 13.3.1 Key Facts
  • 13.3.2 Business Description
  • 13.3.3 Products and Services
  • 13.3.4 Financial Overview
  • 13.3.5 SWOT Analysis
  • 13.3.6 Key Developments
• 13.4 Alcoa Corp
  • 13.4.1 Key Facts
  • 13.4.2 Business Description
  • 13.4.3 Products and Services
  • 13.4.4 Financial Overview
  • 13.4.5 SWOT Analysis
  • 13.4.6 Key Developments

14. Appendix