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Metal Casting Market to Surge from $42.16 Billion in 2023 to $141.64 Billion by 2030, Growing at a Robust 18.9% CAGR

01-10-2025 08:19 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT.LTD

Metal Casting Market

Metal Casting Market

๐Œ๐ž๐ญ๐š๐ฅ ๐‚๐š๐ฌ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

The global metal casting market is poised for substantial growth, driven by increasing demand from the automotive, aerospace, and industrial sectors. The market size was valued at USD 42.16 billion in 2023 and is projected to grow at a CAGR of 18.9% from 2024 to 2030, reaching USD 141.64 billion by 2030. This press release explores regional growth prospects, key trends, and recent developments shaping the metal casting industry.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/1613/

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam has emerged as a critical market for metal casting due to its rapidly growing automotive and manufacturing industries. The government's focus on infrastructure development and favorable foreign investment policies have boosted local demand. Companies such as ๐•๐ข๐ง๐ก ๐๐ก๐ฎ๐œ ๐Œ๐ž๐œ๐ก๐š๐ง๐ข๐œ๐š๐ฅ and ๐Œ๐ข๐ง๐ก ๐๐ ๐ฎ๐ฒ๐ž๐ง ๐’๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐ž๐ฌ have been pivotal in advancing the industry, leveraging cutting-edge technologies to improve casting precision.

๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand's thriving automotive sector is a major contributor to the demand for metal casting. Recent joint ventures, such as those involving ๐“๐ก๐š๐ข ๐…๐จ๐ฎ๐ง๐๐ซ๐ฒ and ๐๐ข๐ฌ๐ฌ๐š๐ง ๐Œ๐จ๐ญ๐จ๐ซ๐ฌ, have strengthened the market. With robust government policies supporting industrial growth, the sector is projected to expand steadily over the next decade.

๐Š๐ž๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan's metal casting industry is characterized by innovation and the adoption of sustainable practices. Companies like ๐‡๐ข๐ญ๐š๐œ๐ก๐ข ๐Œ๐ž๐ญ๐š๐ฅ๐ฌ and ๐“๐จ๐ฒ๐จ๐ญ๐š ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐ž๐ฌ are leading the charge with advancements in lightweight casting materials for electric vehicles (EVs). The Japanese market has seen an uptick in R&D activities, especially in the development of energy-efficient casting technologies.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/1613/

๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐‚๐ก๐ข๐ง๐š

China remains a dominant player in the global metal casting market, driven by its large-scale production capabilities and extensive industrial base. Mergers such as ๐‚๐ก๐ข๐ง๐š ๐…๐ข๐ซ๐ฌ๐ญ ๐‡๐ž๐š๐ฏ๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐ž๐ฌ acquiring ๐’๐ก๐š๐ง๐ ๐ก๐š๐ข ๐‚๐š๐ฌ๐ญ๐ข๐ง๐  ๐‚๐จ. have consolidated the market, ensuring streamlined production and reduced costs. Additionally, increased demand from the renewable energy sector has further propelled market growth.

๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's metal casting industry is undergoing significant advancements in automation and AI-driven casting technologies. Leading companies like ๐๐Ž๐’๐‚๐Ž and ๐‡๐ฒ๐ฎ๐ง๐๐š๐ข ๐’๐ญ๐ž๐ž๐ฅ have integrated smart manufacturing solutions to improve efficiency. The country's strong focus on EV and battery manufacturing is creating new growth avenues for high-precision metal casting components.

๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore's strategic location and advanced manufacturing ecosystem make it a hub for the metal casting industry. Key players, such as ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž ๐‚๐š๐ฌ๐ญ๐ข๐ง๐ ๐ฌ, are leveraging the country's robust logistics network to expand exports. The government's Smart Industry initiatives are further enhancing productivity and quality in casting processes.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/1613/

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ

The United States is witnessing a resurgence in manufacturing, bolstered by government incentives and reshoring activities. Companies like ๐€๐ฅ๐œ๐จ๐š ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง and ๐Œ๐ž๐ญ๐š๐ฅ๐“๐ž๐ค ๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐จ๐ง๐š๐ฅ are investing heavily in advanced casting technologies to cater to diverse industries, including aerospace and defense. This has positioned the US as a leader in high-precision metal casting.

๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe's metal casting market is driven by the increasing adoption of sustainable and eco-friendly casting solutions. Leading players such as ๐๐ž๐ฆ๐š๐ค and ๐†๐… ๐‚๐š๐ฌ๐ญ๐ข๐ง๐  ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ are pioneering innovations in lightweight and durable castings. The region also benefits from strong collaborations between academic institutions and industries, fostering technological advancements.

๐Œ๐ž๐ญ๐š๐ฅ ๐‚๐š๐ฌ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐›๐ฒ ๐๐ซ๐จ๐œ๐ž๐ฌ๐ฌ

Gravity Casting
High-Pressure Die Casting (HPDC)
Low-Pressure Die Casting (LPDC)
Sand Casting

๐›๐ฒ ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ ๐“๐ฒ๐ฉ๐ž

Aluminium
Cast iron
Magnesium
Zinc
Others

๐›๐ฒ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž ๐“๐ฒ๐ฉ๐ž

BEV

HEV
PHEV

๐›๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Automotive & transportation
Industrial
Building & construction
Others

๐…๐จ๐ซ ๐š ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐จ๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ, ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐:https://www.maximizemarketresearch.com/market-report/metal-casting-market/1613/

๐Œ๐ž๐ญ๐š๐ฅ ๐‚๐š๐ฌ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š

1. Nemak
2. Dynacast
3. Mino Industrial
4. Aisin Automotive Casting
5. Gibbs Die Casting
6. FORCEBEYOND
7. Reliance Foundry Co. Ltd

๐„๐ฎ๐ซ๐จ๐ฉ๐ž

8. Rheinmetall Automotive
9. Georg Fischer Ltd
10. Marimex - M. Ivanov
11. ArcelorMittal SA,
12. Bรผhler AG

๐€๐ฌ๐ข๐š-๐๐š๐œ๐ข๐Ÿ๐ข๐œ

13. Ryobi Limited
14. Ahresty Corporation
15. Endurance
16. Tycon Alloy Industries (HongKong)
17. TOYOTA INDUSTRIES CORPORATION
18. NINGBO INNOVAW MECHANICAL CO., LTD
19. Pyrotek

๐Œ๐ข๐๐๐ฅ๐ž ๐„๐š๐ฌ๐ญ ๐š๐ง๐ ๐€๐Ÿ๐ซ๐ข๐œ๐š

20. Gulf Metal Foundry
21. Saanvi Founders
22. National Metal Manufacturing and Casting Company
23. Arabian FORASOL Foundation LLC

๐’๐จ๐ฎ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š

24. Fundiรงรฃo Regali Brasil
25. Industrias Ascheri & Cia.

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐–๐ก๐š๐ญ'๐ฌ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐ :

โ™ฆ Malaysia Electric Vehicle Market https://www.maximizemarketresearch.com/market-report/malaysia-electric-vehicle-market/65822/

โ™ฆ Metal Casting Market https://www.maximizemarketresearch.com/market-report/metal-casting-market/1613/

โ™ฆ Motorhome Vehicle Market https://www.maximizemarketresearch.com/market-report/motorhome-vehicle-market/165020/

โ™ฆ North America Hyperloop Technology Market https://www.maximizemarketresearch.com/market-report/north-america-hyperloop-technology-market/2427/

โ™ฆ North America Smart Fleet Management Market https://www.maximizemarketresearch.com/market-report/north-america-smart-fleet-management-market/3139/

โ™ฆ Outboard Boat Market https://www.maximizemarketresearch.com/market-report/outboard-boat-market/147038/

โ™ฆ Personal Watercraft Market https://www.maximizemarketresearch.com/market-report/personal-watercraft-market/189203/

โ™ฆ Power Window Market https://www.maximizemarketresearch.com/market-report/power-window-market/82406/

โ™ฆ Precision Gearbox Market https://www.maximizemarketresearch.com/market-report/precision-gearbox-market/13025/

โ™ฆ Robo Taxi Market https://www.maximizemarketresearch.com/market-report/robo-taxi-market/39504/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Global Cast Resin Current Transformers market research report provides company profile for CHINT, Stemar Electrical Products, Gemini Instratech Ltd., Elba d.o.o., Kaldera Company, ABB, Siemens, Schneider Electric, Toshiba, Fuji Electric and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for theโ€ฆ
10-19-2011 | Arts & Culture
Halloween Party
David Banks Joins Halloween Party Cast
LOS ANGELES, CA (October 18, 2011) David Banks will join Elle Newlands, Chris Pentzell, Andrea Leithe, Danny Pardo, and Julia Silverman in the new film Halloween Party. At her best friend's urging, Erin, a single girl, attends her friends Halloween party-hoping as always, to find her perfect mate. But when she arrives, she discovers nearly everyone else there is part of a couple, OR she's already dated them. But the worstโ€ฆ
04-29-2010 | Leisure, Entertainment, Miscel โ€ฆ
MLC PR
CONNOR FOX CAST IN SHOUTING SECRETS
Los Angeles, CA (April 28, 2010)- Award-winning actor Connor Fox, has officially signed on to play the role of Brody in the Korinna Sehringer film โ€œShouting Secretsโ€ which started shooting in Arizona on April 26th. Fox will join Twilight Saga actors Gil Birmingham and Chaske Spencer as well actress, Q'orianka Kilcher (โ€œThe New Worldโ€), in this film about a successful young writer in Los Angeles who is called backโ€ฆ
10-22-2009 | Tourism, Cars, Traffic
Hexis S.A.
Hexis launches carbon cast film
Hexis has launched a new cast vinyl with a carbon fibre look destined for wrapping applications. The company is promoting the new line with a dedicated mini-site: ilovehx.com. Part of the HX30000 Series, the โ€œCarbon Castโ€ is a multi-layered 135ยตm cast vinyl film with a carbon fibre embossed pattern. It carries the proven solvent-based adhesive and a structured PE liner with Hexโ€™Press technology that allows convenient air egress during application. Withโ€ฆ