The global ferrite magnets market reached a value of US$ 5.58 Billion in 2020. Ferrite magnets currently represent the most widely used permanent magnets across the globe. The major raw materials used to manufacture ferrite magnets are relatively inexpensive compared to most other types of permanent magnets. This enables them to be perfectly...
Abstract: - Global Strontium Market to Reach 340.9 Thousand Tons by 2027 - Amid the COVID-19 crisis, the global market for Strontium estimated at 274.8 Thousand Tons in the year 2020, is projected to reach a revised size of 340.9 Thousand Tons by 2027, growing at a CAGR of 3.1% over the analysis period 2020-2027....
Abstract: - The global Die Casting market is projected to reach US$94.1 billion by 2025, driven by the growing demand for lightweight yet high performance components in industries ranging from electronics, lighting, automotive, aircraft, telecommunications, medical equipment, and hydraulics, among others. Die Casting,...
Abstract: - Global Aluminum Castings Market to Reach $94.2 Million by 2027 - Amid the COVID-19 crisis, the global market for Aluminum Castings estimated at US$62.1 Million in the year 2020, is projected to reach a revised size of US$94.2 Million by 2027, growing at a CAGR of 6.1% over the analysis period 2020-2027....
Abstract: - Global Automotive Parts Die Casting Market to Reach $15.4 Billion by 2027 - Amid the COVID-19 crisis, the global market for Automotive Parts Die Casting estimated at US$9.9 Billion in the year 2020, is projected to reach a revised size of US$15.4 Billion by 2027, growing at a CAGR of 6.6% over the analysis...
Major companies in the metal and mineral market include Arcelor Mittal; POSCO; Nippon Steel & Sumitomo Metal; LafargeHolcim and JFE. The global metal and mineral market is expected to grow from $6320.71 billion in 2020 to $6937.72 billion in 2021 at a compound annual growth rate (CAGR) of 9.8%. The growth is mainly due to the companies...
The global aluminum parts gravity die casting market was valued at USD 5,351 in 2020 million and is projected to reach USD 7,413 million by 2026, registering a CAGR of about 4.82% during the forecast period (2021 - 2026). During the outbreak of coronavirus during 2020, the whole supply chain of automotive industry was impacted very...
The automotive parts magnesium die casting market is expected to register a CAGR of 9.65% during the forecast period. The market studied is primarily driven by the expanding automotive market, increasing penetration of magnesium die casting parts in industrial machinery, growing electric mobility, and the employment of magnesium cast...
The Global Die Casting Market is poised to grow at a CAGR of around XX% over the next decade to reach approximately $XX million by 2028. Some of the prominent trends that the market is witnessing include increasing demand for lightweight vehicles to reduce CO2 emissions, rising adoption of automation across the aluminum...
Abstract: - Global High Speed Steel (HSS) Metal Cutting Tools Market to Reach $9.1 Billion by 2027 - Amid the COVID-19 crisis, the global market for High Speed Steel (HSS) Metal Cutting Tools estimated at US$6.9 Billion in the year 2020, is projected to reach a revised size of US$9.1 Billion by 2027, growing at a...