Brazil Aluminum Die Casting Market Size & Outlook
Brazil aluminum die casting market, 2017-2030 (US$M)
Related Markets
Brazil aluminum die casting market highlights
- The Brazil aluminum die casting market generated a revenue of USD 811.0 million in 2022 and is expected to reach USD 1,210.6 million by 2030.
- The Brazil market is expected to grow at a CAGR of 5.1% from 2023 to 2030.
- In terms of segment, pressure die casting was the largest revenue generating process in 2022.
- Pressure Die Casting is the most lucrative process segment registering the fastest growth during the forecast period.
Aluminum die casting market data book summary
| Market revenue in 2022 | USD 811.0 million |
| Market revenue in 2030 | USD 1,210.6 million |
| Growth rate | 5.1% (CAGR from 2022 to 2030) |
| Largest segment | Pressure die casting |
| Fastest growing segment | Pressure Die Casting |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pressure Die Casting |
| Key market players worldwide | Aluminum Corp of China Ltd Class H, Amsted Industries, Confluent Inc Class A, Georg Fischer AG, Martinrea International Inc, Madison Industries, Ryobi Ltd |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.1% of the global aluminum die casting market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil aluminum die casting market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,210.6 million by 2030.
Pressure die casting was the largest segment with a revenue share of 77.58% in 2022. Horizon Databook has segmented the Brazil aluminum die casting market based on pressure die casting covering the revenue growth of each sub-segment from 2017 to 2030.
Brazil is among the key economies of the Central & South American region. The GDP of Brazil declined by around 4% in 2020. With spread of COVID-19, various markets in the country are projected to decline further owing to the weak macroeconomic environment and declining demand.
These factors are likely to present a huge challenge to the Brazilian aluminum die casting market. Before the economic plummet in 2020, the country had witnessed considerable investments toward infrastructure development, especially for the preparation of Football World Cup 2014 and Olympics 2016.
These events had accelerated infrastructural improvement activities & FDI and created a positive impact on the growth of the manufacturing sector in the country. Brazil is a leading producer of airplanes across the globe, with huge investment capability, which is anticipated to augment the demand for aluminum die casting in the aerospace industry over the forecast period.
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Aluminum Die Casting Market Scope
Aluminum Die Casting Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil aluminum die casting market size, by process, 2017-2030 (US$M)
Brazil Aluminum Die Casting Market Outlook Share, 2022 & 2030 (US$M)
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