Sand Casting Market Insights Video

According to Cognitive Market Research, the global sand casting market size is USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 7.20% from 2024 to 2031. 

• North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
• Europe accounted for a share of over 30% of the global market size of USD XX million.
• Asia Pacific held a market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.2% from 2024 to 2031.
• Latin America's market will have more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.6% from 2024 to 2031.
• Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2031.
• The aluminum segment is set to rise due to the increasing need from the automotive, aerospace, and heavy machinery sectors. Technological advancements enhance efficiency, while stringent environmental regulations promote sustainable practices.
• The sand casting market is expected to expand due to the advancements in casting technology, material innovations, infrastructure development, and cost-effectiveness. Environmental regulations, global manufacturing trends, and the resilience of sand casting also significantly influence market dynamics.