Metal Casting Market Size is Anticipated to Increase During the Study Period to 2030

Metal Casting Market Forecast to 2030 - COVID-19 Impact and Global Analysis - by Product Type (Carbon Steel Alloys, Stainless Steel Alloys, Aluminum Alloys, Grey Iron, Ductile Iron, and Others), Process (Sand Casting, Investment Casting, Gravity Die Casting, and Others), and Application (Automotive, Aerospace, Marine, Textile, Building and Construction, Oil and Gas, Industrial Machinery, and Others) The global metal casting market size was valued at US$ 164,097.35 million in 2022 and is projected to reach US$ 253,220.00 million by 2030; it is expected to grow at a CAGR of 5.6% from 2022 to 2030.

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Competitive Landscape: Metal Casting Market:
Advancements in casting technologies can transform the metal casting industry by improving efficiency, precision, and quality of production. Technological developments are expected to address constraints about complex geometries, material properties, and environmental sustainability. Several advanced technologies include digital simulation and modeling, additive manufacturing, vacuum casting, lost foam casting, high-pressure die-casting, low-pressure mold casting, and permanent mold casting. Permanent mold casting is termed as gravity die casting, that involves molten metal poured into the reusable mold. Additive casting utilizes additive manufacturing to produce molds and patterns, to cast metal components. The approach reduces the requirement for tooling and ensures the manufacturing of complex components. In 2021, Gen3D and Enable collaborated to design and produce a complex lattice structure using Enable's Additive Casting process, which is a hybrid production method combining additive manufacturing and conventional casting. Additive manufacturing in metal casting has a wide scope of application in several end-use industries such as automotive, aerospace, engineering, and machinery industries. Thus, the advancement of casting technologies is expected to become a major trend in the metal casting market during the forecast period.

ArcelorMittal SA
Posco Holdings Inc
Alcoa Corp
Lucchini RS SpA
RYOBI Aluminium Casting (UK) Ltd
Allard-Europe NV
FONDERIA AUGUSTA Srl
MEDEKO CAST Sro
Tycon Alloy Industries (HongKong) Co Ltd
Novacast Ltd
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Chapter Details of Metal Casting Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Metal Casting Market Landscape
Part 04: Metal Casting Market Sizing
Part 05: Metal Casting Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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