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Global Aluminum Die Casting Market to Reach USD 179.01 Bn. by 2034 as EV Growth, Lightweighting and Advanced Casting Technologies Accelerate, reports Maximize Market Research

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PUNE, India, Oct. 2, 2026 /PRNewswire/ — The Global Aluminum Die Casting Market was valued at USD 88.07 Billion in 2025 and is projected to grow at a CAGR of 8.2% from 2026 to 2034, reaching USD 179.01 Billion by 2034, according to a new analysis by Maximize Market Research.

Explore 140 market data tables and 75 figures across 310 pages, along with a detailed Table of Contents covering the Global Elastomers Market.

Global Aluminum Die Casting Market Size & Forecast

Market Size (Base Year 2025): USD 88.07 Billion
Forecast Market Size (2034): USD 179.01 Billion
CAGR (2026–2034): 8.2%
Base Year: 2025
Forecast Period: 2026–2034
Historical Period: 2020–2025

The Global Aluminum Die Casting Market is expanding as manufacturers increasingly turn to lightweight, precise, and high-strength aluminium components for automotive, electric vehicle, industrial, aerospace, and electronics applications. The process allows molten aluminium to be shaped into complex parts at high speed while maintaining dimensional accuracy and reducing material waste. Its importance is rising sharply in electric mobility, where battery housings, motor housings, transmission cases, chassis parts, and structural components must combine low weight with strength and thermal performance.

The market is also being reshaped by automation, giga-casting, AI-driven quality control, advanced aluminium alloys, and recycled material use. Manufacturers are investing in larger casting systems, smarter production lines, and integrated structural components to improve efficiency and reduce part counts. Asia Pacific remains the leading regional market, supported by strong automotive and EV production across China, India, Japan, and South Korea. Recent investments by Nemak, Jaya Hind Industries, and Endurance Technologies show how capacity expansion and e-mobility demand are accelerating the next phase of market growth.

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The Global Aluminum Die Casting Market is moving beyond conventional component manufacturing toward larger, lighter, and more integrated vehicle structures. Electric mobility, automation, advanced casting technologies, and recycled aluminium are changing how manufacturers design and produce critical components. Companies that can combine scale, precision, efficiency, and sustainable production are likely to shape the market through 2034.

Aluminum Die Casting Market Growth Drivers, Opportunities & Key Highlights

The Global Aluminum Die Casting Market is gaining momentum as automakers increasingly rely on lightweight aluminium components to improve vehicle efficiency, extend EV range, and meet stricter emission standards. Demand is rising for battery housings, motor housings, transmission cases, chassis parts, and integrated structural components. Global electric car sales exceeded 20 million units in 2025, while China produced nearly 16 million electric cars, representing almost 75% of global EV production, creating a strong foundation for aluminium die-cast component demand.

A second growth opportunity is developing around high-pressure die casting, giga-casting, automation, IoT-based monitoring, and AI-driven quality control. Manufacturers are investing in larger and smarter casting operations that can reduce defects, lower material waste, and produce complex components at scale. Recent developments reinforce this trend: Nemak completed a USD 336 million acquisition of GF Casting Solutions’ automotive business, while Jaya Hind Industries announced a ₹600 crore investment to strengthen its HPDC and gravity die-casting capabilities.

Key Market Highlights

USD 88.07 Billion: Global market size in 2025.USD 179.01 Billion: Projected market size by 2034.8.2% CAGR: Expected growth during 2026–2034.20+ million EVs: Global electric car sales surpassed this level in 2025.~75%: China’s share of global EV production in 2025, with nearly 16 million electric cars produced.USD 336 million: Value of Nemak’s 2026 acquisition of GF Casting Solutions’ automotive business.₹600 crore: Jaya Hind Industries’ announced investment to expand HPDC and gravity die-casting capabilities.900–1,100 tonnes/month: Initial and scalable casting capacity at Endurance Technologies’ new Maharashtra facility.

India Aluminum Die Casting Market Gains Momentum Through Capacity Expansion and EV Manufacturing

India is emerging as an important growth center for aluminum die casting as automotive and electric-vehicle production expands. In August 2026, Jaya Hind Industries announced a ₹600 crore phased investment to strengthen its high-pressure and gravity die-casting capabilities, while Endurance Technologies added new aluminum die-casting capacity at its Mindewadi, Pune facility and later began commercial production at a new Chhatrapati Sambhajinagar plant with 900 metric tonnes of monthly capacity, scalable to 1,100 tonnes. These investments highlight India’s growing role in precision aluminum components, EV structures, powertrain parts, and localized automotive manufacturing.

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Global Aluminum Die Casting Market Segmentation Analysis

The Global Aluminum Die Casting Market is segmented by Process, Application, and Region. By Process, Pressure Die Casting holds the dominant position because it can produce large volumes of complex, dimensionally accurate components with tight tolerances and smooth finishes. Its speed, repeatability, and lower need for post-machining make it especially valuable in automotive, aerospace, and electronics manufacturing. Vacuum, squeeze, and gravity die casting also serve applications that require specific structural and quality characteristics.

By Application, Automotive and Transportation leads the market, driven by demand for lightweight and high-strength components that improve fuel efficiency, reduce emissions, and support electric mobility. Aluminum die casting is widely used in engine blocks, transmission housings, battery enclosures, motor housings, chassis parts, and structural reinforcements. Industrial machinery, building & construction, electronics & consumer goods, aerospace, and healthcare also contribute to market demand.

By Region, Asia Pacific remains the leading market, supported by strong automotive and EV production across China, India, Japan, and South Korea. The region’s investment in advanced manufacturing, high-pressure die casting, and lightweight vehicle components continues to strengthen its market position through 2034.

Asia Pacific Leads the Aluminum Die Casting Market as EV and Lightweight Manufacturing Accelerate

Asia Pacific remains the center of the Global Aluminum Die Casting Market, supported by its deep automotive manufacturing base and rapid shift toward electric mobility. China, India, Japan, and South Korea are investing heavily in advanced production, while growing demand for battery housings, motor housings, transmission cases, and structural parts is pushing die casting into a more important role within vehicle design. China’s scale in EV production gives the region added momentum, while India is steadily strengthening its position through new capacity and localized manufacturing.

North America and Europe continue to move forward through a different route, with greater emphasis on lightweight vehicle structures, giga-casting, recycled aluminium, automation, and more integrated components. The United States remains important for EV and advanced manufacturing investment, while Germany, Italy, France, and Spain continue to support demand through strong automotive industries and tighter sustainability goals. South America and the Middle East & Africa are developing more gradually as industrialization, infrastructure investment, and local manufacturing capabilities improve.

Global Elastomers Market Competitive Landscape

The Global Elastomers Market is highly competitive, with leading companies focusing on specialty formulations, sustainable materials, capacity expansion, and application-specific innovation. Dow is investing around USD 100 million through 2027 to expand specialty silicone manufacturing and innovation capabilities across the U.S., China, and Japan. BASF has started commercial production of flame-retardant Elastollan® TPU in Shanghai for industrial automation, robotics, and EV charging applications, while LANXESS introduced Vulkanox 4060 as a new anti-aging solution for tire applications.

Other companies are strengthening regional manufacturing and supply capabilities. Getzner Werkstoffe opened a new polyurethane elastomer facility in Baramati, India, while SaarGummi expanded its Chennai operations for EPDM and TPV automotive sealing systems. Across the market, competition is increasingly centered on high-performance TPEs, recyclable grades, bio-based feedstocks, low-emission formulations, EV applications, and customized elastomer solutions.

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Aluminium Die Casting Market, Key Players

North America

Nemak S.A.B. de C.V.Pace IndustriesDynacast InternationalMartinrea International Inc.Gibbs Die CastingMadison-Kipp CorporationConsolidated Metco, Inc.Ryobi Die Casting USA, Inc.Meridian Lightweight Technologies Inc.Shiloh Industries, Inc.Bocar GroupAludyneAlcast Technologies Ltd.PHB Corp.Walbro LLCApex Aluminum Die Casting Co., Inc.Kinetic Die Casting Company, Inc.Koch Enterprises, Inc.

Europe

GF Casting Solutions Rheinmetall AG FAIST Group Martinrea Honsel Germany GmbH Handtmann Group Bühler Group Zollern GmbH & Co. KG CIE Automotive S.A. BUVO Castings B.V. Bharat Forge Aluminiumtechnik GmbH Kemlows Diecasting Products Ltd. Georg Fischer Ltd. Italpresse Gauss Sundaram Clayton Ltd. Sika Technology Limited

Asia-Pacific

Endurance Technologies Limited Ryobi Limited Rockman Industries Limited Ahresty Corporation Ningbo Tuopu Group Co., Ltd. Guangdong Hongtu Technology Co., Ltd. Chongqing CHAL Precision Aluminium Co., Ltd. IKD Co., Ltd. Minda Corporation Ltd. Sandhar Technologies Limited Sundaram-Clayton Limited Engtek Group KPSNC Co., Ltd. UBE Corporation / UBE Machinery Shibaura Machine Co., Ltd. Toshiba Machine / Toshiba Machine Co., Ltd. Alcoa Corporation

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Analyst Perspective

Analyst highlights that the Global Aluminum Die Casting Market is gaining strategic importance as automakers push for lighter vehicles, longer EV range, and more integrated structural designs. Automotive and transportation remain at the center of demand, while aerospace, industrial machinery, electronics, and construction continue to expand the market’s reach. As high-pressure die casting, giga-casting, automation, recycled aluminium, and AI-driven quality control become more prominent, Asia Pacific is expected to remain the key production and demand hub. Companies that combine scale, precision, technology, and sustainable manufacturing are likely to shape the market through 2034.

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About Maximize Market Research – Global Aluminum Die Casting Market

Maximize Market Research is a global market research and business consulting firm providing data-driven insights across chemicals & materials, automotive, aerospace, electronics, industrial manufacturing, and construction sectors. Its Global Aluminum Die Casting Market research covers pressure, vacuum, squeeze, and gravity die casting along with automotive and transportation, industrial machinery, aerospace, electronics, and other major applications. The report also examines EV components, lightweight structures, giga-casting, automation, recycled aluminium, regional demand, competitive strategies, and recent industry developments, helping businesses understand market shifts and identify growth opportunities through 2034.

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MMR Statistics is a part of Maximize Market Research, developed to provide quick access to market size, industry data, forecasts, trends, and statistical insights across a wide range of sectors. It presents research data in multiple formats, making it easier for businesses, analysts, and decision-makers to use market intelligence for presentations, strategy, benchmarking, and business planning.

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MAXIMIZE MARKET RESEARCH PVT. LTD.
+91 96073 65656
Email: sales@maximizemarketresearch.com   
Visit Our Web Site: https://www.maximizemarketresearch.com/   

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Tin Leg Introduces New General Manager to Lead The Next Phase of Growth

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ST. PETERSBURG, Fla., Oct. 13, 2026 /PRNewswire/ — Squaremouth, the leading travel insurance marketplace, has hired Jennifer Spindler as General Manager of their leading travel insurance brand, Tin Leg.

Spindler brings more than 25 years of insurance industry leadership, with expertise in building and launching new insurance products and driving strategic growth. Before joining Tin Leg, she served as the Chief Product Officer at Specialty Program Group (SPG), the parent company of Squaremouth and Tin Leg. She also previously held leadership positions at Lemonade, PURE Insurance, Chubb, and AIG.

As General Manager, Spindler will lead Tin Leg’s product development and distribution strategy.

“Jennifer has an impressive background in the insurance industry, and a proven ability to turn customer and market needs into products and growth opportunities,” shares Rupa Mehta, CEO of Squaremouth. “Tin Leg’s strong reputation is built on keeping travelers at the forefront of everything we do, and Jennifer will help us continue to build on that foundation as we move into the brand’s next chapter.”

“I’m excited to join Tin Leg at this stage of the brand’s growth,” shares Spindler. “Tin Leg has an impressive foundation, and I look forward to building on it by identifying new opportunities through product development and additional distribution channels in order to provide comprehensive travel protection to more travelers.”

Tin Leg was founded in 2014 by the experts behind Squaremouth, drawing on more than 20 years of marketplace experience to create a product focused on comprehensive coverage, competitive value, and an easier experience for travelers.

Since launching, Tin Leg has helped over 400,000 travelers protect their travel investments and continues to demonstrate significant growth and ongoing evolution.

Known for award-winning customer service, 24/7 emergency support, and its dedicated claims team, Tin Leg holds some of the highest customer satisfaction ratings of any insurance provider on Squaremouth.com.

Learn more about Tin Leg and its travel insurance product portfolio at tinleg.com.

About Tin Leg
Since 2014, Tin Leg has provided affordable travel insurance built on over 20 years of marketplace expertise from its parent company, Squaremouth. A four-time 2026 U.S. News Award winner, Tin Leg offers tailored plans for any trip type, backed by reputable underwriters including Berkshire Hathaway, Starr, and Spinnaker.

Contact
Lauren McCormick
Manager of PR at Tin Leg & Squaremouth
press@tinleg.com

 

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SOURCE Tin Leg

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abrdn Asia-Pacific Income Fund VCC Announces Normal Course Issuer Bid

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TORONTO, Oct. 13, 2026 /CNW/ — abrdn Asia-Pacific Income Fund VCC (TSX: FAP) (UEN: T21VC0235H) (the “Company”), a closed-end investment company trading on The Toronto Stock Exchange (“TSX”), announced today that the TSX has accepted notice of its intention to make a normal course issuer bid (“NCIB”), through which the Company will make open market purchases of its ordinary shares on the TSX, other designated exchanges and/or other Canadian alternative trading systems.  During the bid, which will commence on October 15, 2026 and end no later than October 14, 2027, the Company may purchase up to 1,664,763 ordinary shares, which is 5% of the total of the Company’s 33,295,277 ordinary shares issued and outstanding as of October 6, 2026. Repurchases made under the NCIB during any 30-day period will not exceed 2% of the issued and outstanding ordinary shares. The actual number of ordinary shares purchased, the time of the purchases and the prices at which the shares will be bought will depend upon future market conditions. The Company will cancel shares purchased under the bid. 

The Company has also entered into an automatic repurchase plan (“ARP”) with its broker, in order to facilitate repurchases of its ordinary shares. Under the Company’s ARP, the broker may repurchase ordinary shares under the NCIB at times when the Company would ordinarily not be permitted to repurchase its securities due to regulatory restrictions and customary self-imposed black-out periods. Purchases will be made by the broker based on the purchasing parameters agreed upon by the Company and the broker and in accordance with the rules of the TSX, applicable securities laws and the terms of the ARP. Outside of the Company’s self-imposed blackout periods, ordinary shares may also be purchased under the NCIB at the discretion of the Company.

The Company’s directors believe that from time to time the purchase of ordinary shares of the Company may be a worthwhile investment for the Company that should benefit continuing shareholders.  The Company’s directors believe that normal course issuer bid purchases of ordinary shares for cancellation may reduce the discount that may exist between the market price of the shares and the Company’s net asset value per share.

For the avoidance of doubt, the Company’s existing annual redemption feature remains unchanged and is not affected by the implementation of the NCIB.

Under the Company’s existing annual redemption program, shareholders have the opportunity to redeem up to 100% of their shares if the applicable Trading Discount Percentage for the 12-month period ending on the last Business Day of December exceeds 12.0%. The annual redemption feature and the NCIB serve distinct purposes and will operate independently. The NCIB provides the Company with the ability to repurchase shares in the open market for cancellation when the Board and management determine that such purchases are in the best interests of the Company and its continuing shareholders, including when shares trade at a discount to net asset value. The NCIB does not modify, limit, suspend, or replace any shareholder rights under the annual redemption program.

Closed-end funds are traded on the secondary market through one of the stock exchanges. The market price of a fund’s shares is determined by supply and demand and may be greater than (a “premium”) or less than (a “discount”) the fund’s net asset value (NAV). A fund’s investment return and principal value will fluctuate, and investors may receive more or less than their original investment upon the sale of shares. There is no assurance that a fund will achieve its investment objective. Past performance is not indicative of future results.

The trading price of a closed-end fund’s shares may be influenced by various factors, including market conditions, investor sentiment, and other external forces, and is not directly controlled by the fund, its Board of Directors, or its investment adviser. As a result, shares may trade at a premium to or discount from NAV at any given time. A premium to NAV may not be sustained, and a discount to NAV may increase or decrease over time. Investors should consider these risks when purchasing or selling closed-end fund shares.

Shareholders whose fund shares trade at a premium to NAV and who participate in the fund’s dividend reinvestment plan should be aware that distributions may be reinvested at prices above NAV, which may adversely affect investment results.

About Aberdeen Investments

Aberdeen Investments and Aberdeen Investments Global are the registered marketing names in Canada for abrdn Canada Limited, and abrdn Investments Luxembourg S.A. abrdn Canada Limited (“abrdn”) is registered as a Portfolio Manager and Exempt Market Dealer in all provinces and territories of Canada as well as an Investment Fund Manager in the provinces of Ontario, Quebec, and Newfoundland and Labrador.

Aberdeen Investments is among the world’s largest asset managers, with decades of experience overseeing closed-end funds dating back to the 1980s. As of June 30, 2026, the firm had approximately $527 billion in assets under management. Closed-end funds represent a core component of Aberdeen Investments’ client franchise in both the U.S. and global markets. Aberdeen and its affiliates currently manage 28 closed-end funds – 17 available in the U.S. and 11 outside the U.S. – totaling $28.3 billion in assets as of June 30, 2026.

For Shareholders Holding Shares Directly with the Fund (Non-Brokerage Accounts):
Computershare Trust Company, N.A.
1-800-992-6341
Investor Center

For Shareholders Holding Shares Through a Brokerage Account:
Please contact your financial advisor, broker, or the brokerage firm through which your shares are held.

abrdn Asia-Pacific Income Fund VCC | Aberdeen

SOURCE abrdn Asia-Pacific Income Fund VCC

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CfC St. Moritz Returns in January 2027 with Canton Network Co-Founder Yuval Rooz; Binance Co-Founder CZ; Franklin Templeton CEO Jenny Johnson; and DRW CEO Don Wilson Among Headline Speakers

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The application-only conference will bring together 250 investors, industry leaders and decision-makers at Suvretta House from January 13–15, 2027

ST. MORITZ, Switzerland, Oct. 13, 2026 /PRNewswire/ — CfC St. Moritz, the highly curated digital assets conference for investors and decision-makers, will return to the Swiss Alps from January 13-15, 2027, convening 250 leaders from across digital assets, traditional finance, technology, investment and policy.

Held at the iconic Suvretta House in St. Moritz, the conference returns as the convergence of digital assets and traditional finance accelerates and as institutional adoption, tokenization and AI reshape global markets. CfC St. Moritz is known for providing an intimate setting for the C-level leaders shaping the future of the financial system to exchange perspectives, forge partnerships and explore the trends defining its next chapter. With strict participant selection criteria and high demand for conference tickets, just 12% of applicants secure a seat.

The speaker lineup for the CfC St. Moritz 2027 so far includes:

Ambre Soubiran, Co-Founder and CEO at KaikoAnthony Scaramucci, Founder and Managing Partner at SkyBridge CapitalBrett Tejpaul, Co-CEO of Coinbase InstitutionalCarlos Domingo, Co-Founder and CEO at SecuritizeCarolyn Weinberg, Chief Product and Innovation Officer at BNYCatherine Chen, Head of VIP & Institutional at BinanceCharles Cascarilla, CEO and Co-Founder of PaxosChangpeng “CZ” Zhao, Co-Founder and former CEO at BinanceDon Wilson, Founder and CEO at DRWFred Thiel, Chairman and CEO at MARA HoldingsJenny Johnson, President and CEO at Franklin TempletonKay Swinburne, Baroness Swinburne, Member of the House of Lords of the UKMathias Imbach, Co-Founder and Group CEO of SygnumMichael Blaugrund, VP of Strategic Initiatives at Intercontinental Exchange (ICE)Nag Bharatula, Founder & Senior Portfolio Manager of G-20 GroupPeter Kerstens, Adviser at the European CommissionWai Lum Kwok, Senior Executive Director at Abu Dhabi Global Market (ADGM)Yat Siu, Co-Founder and Executive Chairman at Animoca BrandsYuval Rooz, Co-Founder and CEO at Digital Asset; Co-Founder of Canton Network

The 2027 edition marks a new chapter for the conference, with Canton Network joining as main partner following three years of involvement with CfC St. Moritz. The expanded partnership reflects the organizations’ shared focus on connecting traditional and digital finance and advancing the real-world adoption of blockchain technology.

Yuval Rooz, Co-Founder and CEO of Digital Asset and Co-Founder of the Canton Network, said: “Having attended CfC St. Moritz for several years, I’ve seen firsthand what makes this gathering unique. It brings together leaders from traditional finance, digital assets, technology and policy at a time when these worlds are becoming increasingly interconnected. That closely reflects what we are building at Canton: infrastructure that enables markets and institutions to connect and operate across a more integrated financial system. We’re proud to deepen our longstanding relationship with CfC St. Moritz as main partner and look forward to returning in January.”

Nicolo Stöhr, CEO of CfC St. Moritz, said: “Our ambition has always been to create an environment where industry leaders can have meaningful conversations and build lasting relationships. As traditional finance and digital assets continue to converge, bringing these different perspectives together has never been more relevant, and many of the conversations we have been having for years are becoming real strategic decisions for institutions, investors and policymakers. We’re looking forward to welcoming an exceptional group back to St. Moritz in 2027 and creating the space for the discussions that will shape the year ahead.”

For 2027, CfC St. Moritz will further strengthen the conference environment by introducing the Suvretta House Rules, establishing confidentiality as the default across conference sessions and conversations. The decision to introduce new confidentiality guidelines is intended to encourage even more open and candid exchange in a now truly private environment.

Ahead of the main conference, the CfC St. Moritz Pre-Opening will return on January 11–12, 2027. The two-day program brings participants together before the formal agenda begins through a series of curated outdoor activities and informal gatherings across the Engadin Valley, creating additional opportunities to build relationships away from the conference stage.

Applications to attend CfC St. Moritz 2027 will open on October 14, 2026. Further details on the 2027 agenda, speakers and partners will be announced in the coming months.

About the CfC St. Moritz

The CfC St. Moritz is an intimate circle of hand-picked opinion leaders and investors in the private and unique setting of the Swiss Alps. The annual application-only conference fosters a culture of genuine connection and deliberately admits a maximum of only 250 international UHNWI, family offices, funds, and institutional investors, uniting the traditional finance sector and the crypto industry. Founded in 2017, CfC St. Moritz has since held nine in-person conferences in St. Moritz, one in Half Moon Bay, California, two virtual conferences during the pandemic, and several smaller events.

www.cfc-stmoritz.com | LinkedIn | Twitter | Instagram

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