Europe Aluminum Die Casting Market Size Is Poised To Reach USD 21.69 Billion By 2030
San Francisco, 17 Sep 2024: The Report Europe Aluminum Die Casting Market Size, Share & Trends Analysis Report By Production Process (Pressure Die Casting), By Application (Transportation, Building & Construction), By Country, And Segment Forecasts, 2024 - 2030 The Europe aluminum die casting market size was estimated at USD 15.43 billion in 2023 and is expected to grow at a CAGR of 5.1% from 2024 to 2030. Growing investments towards the development of the automotive sector coupled with stringent regulations for low emissions are boosting the demand for aluminum die castings in Europe. According to ACEA, the EU car market rose by ~14% in April 2024, on a m-o-m basis, with significant growth in registrations witnessed in Spain, Germany, France, and Italy. The car registrations in the EU reached almost 3.7 million units in 2024, registering a 6.6% increase as of April. These statistics indicate a growth in demand for cars in Europe, which is anticipated to augment vehicle pr