Press release
Metal Casting Market Expected to Hit a Valuation of USD 325.7 Billion During 2025-2033, CAGR of 6.94%
The global metal casting market size reached ๐๐๐ ๐๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง in 2024. Looking forward, IMARC Group expects the market to reach ๐๐๐ ๐๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง by 2033, exhibiting a growth rate (๐๐๐๐) ๐จ๐ ๐.๐๐% during 2025-2033.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/metal-casting-market/requestsample
๐๐๐ญ๐๐ฅ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐:
๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ข๐ ๐ก๐ญ๐ฐ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐ข๐ ๐ก-๐๐ญ๐ซ๐๐ง๐ ๐ญ๐ก ๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ๐ฌ:
The world metal casting industry is experiencing massive growth due to the increase in lightweight and high strength components across different sectors such as automotive, aerospace, and construction. To meet this demand, manufacturers are now turning to advanced alloys to create durable and lightweight parts, along with precision casting methods to improve fuel efficiency while lowering carbon emissions.
The transition to electric vehicles has further accelerated this demand because in order to make the EVs lighter but still structurally sound, cast components are absolutely essential. Metal casting also stands to benefit from innovations such as 3D printing, with the technology allowing the production of complex geometries that better suit the needs of the end-user industries.
๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ:
Technology is evolving, and so is the industry with the help of these newfound innovations, which are to say the least, revolutionizing the metal casting process for the better. Automated/robotic casting, quiet robotic casting systems, are assuring the reduction and most of all the elimination of human errors and enhancing the accuracy with the final product.
Utilizing CAD along with simulation tools allows the manufacturer to examine weaknesses throughout the casting process, manage the production in a more efficient way, and save a significant amount of money. Each foundry is rapidly adopting these advanced technologies with the assistance of IoT and artificial intelligence to facilitate real-time monitoring and data-oriented decision making which in turn is increasing efficiency and at the same time making the metal casting process more eco-friendly in terms of waste and energy use.
๐๐ฑ๐ฉ๐๐ง๐๐ข๐ง๐ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐๐ฆ๐๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ๐ฌ:
Countries having emerging economies getter assist the upsurge of the casting of metals market with rapid industrial development and suburban growth Similarly, increased infrastructure and growth of the automotive industry in Asia-pacific, Latin America and Africa have increased the demand for metal casting components. In these areas, governments are also promoting the manufacture of products for consumption through active investments and favorable policies thus increasing the market. But still there are some issues like a shortage of qualified employees for this sector and compliance with environmental requirements. All these difficulties can be solved through training programs and appropriate business practices with respect to economics of sustainable development.
๐๐ฒ ๐ญ๐ก๐ ๐๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ, ๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐ ๐๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ญ๐๐ฅ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ ๐๐ข๐ฏ๐๐ง ๐๐๐ฅ๐จ๐ฐ:
โข Arkema Group
โข BASF SE
โข Honeywell International Inc.
โข Tosoh Corporation
โข Zeochem LLC
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ญ๐๐ฅ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The metalcasting market is undergoing changes which are related to constructional, technological and economical factors. For eco-awareness, it is opportune for manufacturers to take on the great opportunity of using composition materials. The growth of additive manufacturing within the sphere of casting extends the potential of geometric and artificial evolution, while reducing the volume of materials used as well as the duration of construction. Furthermore, the emphasis on robotics and electronic tools enhance processes, quality, and cost.
The metalcasting market remains significant for the provision of the advanced robust solutions, as the industries are aiming to satisfy the rigorous performance specifications and sustainability requirements.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฎ๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ๐ฌ ๐๐จ๐ซ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐ ๐๐๐ช๐ฎ๐๐ฌ๐ญ๐ฌ, ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง, ๐๐ง๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ข๐๐ฌ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐: https://www.imarcgroup.com/request?type=report&id=1491&flag=C
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ซ๐จ๐๐๐ฌ๐ฌ:
โข Sand Casting
โข Gravity Casting
โข High-Pressure Die Casting (HPDC)
โข Low-Pressure Die Casting (LPDC)
โข Others
According to the report, sand casting represented the largest segment.
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ ๐๐ฒ๐ฉ๐:
โข Cast Iron
โข Aluminum
โข Steel
โข Zinc
โข Magnesium
โข Others
According to the report, cast iron accounted for the largest market share.
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ง๐ ๐๐ฌ๐:
โข Automotive and Transportation
โข Equipment and Machine
โข Building and Construction
โข Aerospace and Military
โข Others
According to the report, automotive and transportation represented the largest segment.
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ง๐ ๐๐ซ๐๐ง๐ฌ๐ฉ๐จ๐ซ๐ญ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ: ๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ๐ฌ:
โข Alloy Wheels
โข Clutch Casing
โข Cylinder Head
โข Cross Car Beam
โข Crank Case
โข Battery Housing
โข Others
According to the report, alloy wheels accounted for the largest market share.
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ง๐ ๐๐ซ๐๐ง๐ฌ๐ฉ๐จ๐ซ๐ญ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ก๐ข๐๐ฅ๐ ๐๐ฒ๐ฉ๐:
โข Passenger Cars
โข Light Commercial Vehicles
โข Heavy Commercial Vehicles
According to the report, passenger cars represented the largest segment.
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ง๐ ๐๐ซ๐๐ง๐ฌ๐ฉ๐จ๐ซ๐ญ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐ง๐ ๐๐ฒ๐๐ซ๐ข๐ ๐๐ฒ๐ฉ๐:
โข Hybrid Electric Vehicles (HEV)
โข Battery Electric Vehicles (BEV)
โข Plug-In Hybrid Electric Vehicles (PHEV)
According to the report, hybrid electric vehicles (HEV) accounted for the largest market share.
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ง๐ ๐๐ซ๐๐ง๐ฌ๐ฉ๐จ๐ซ๐ญ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ: ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง:
โข Body Assemblies
โข Engine Parts
โข Transmission Parts
โข Others
According to the report, body assemblies accounted for the largest market share.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
โข North America (United States, Canada)
โข Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
โข Europe (Germany, France, United Kingdom, Italy, Spain, Others)
โข Latin America (Brazil, Mexico, Others)
โข Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
According to the report, Asia Pacific accounted for the largest market share.
๐๐๐ฒ ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
โข Market Performance
โข Market Outlook
โข COVID-19 Impact on the Market
โข Porter's Five Forces Analysis
โข Historical, Current and Future Market Trends
โข Market Drivers and Success Factors
โข SWOT Analysis
โข Structure of the Market
โข Value Chain Analysis
โข Comprehensive Mapping of the Competitive Landscape
๐๐จ๐ญ๐: ๐๐ ๐ฒ๐จ๐ฎ ๐ง๐๐๐ ๐ฌ๐ฉ๐๐๐ข๐๐ข๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐ญ๐ก๐๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ ๐ฌ๐๐จ๐ฉ๐ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ ๐๐๐ง ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐๐ฌ ๐ ๐ฉ๐๐ซ๐ญ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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