Press release
Global Metal Casting Market Edition 2025: Industry Size to Reach USD 325.69 Billion by 2033, CAGR of 6.94%
The global metal casting market size reached USD 177.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 325.7 Billion by 2033, exhibiting a growth rate (CAGR) of 6.94% during 2025-2033.
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Global Metal Casting Market Dynamics:
Robust Demand from Key End-Use Industries:
The metal casting market is consistently advancing due to essential industries sustaining their demand. Metal castings for automotive engines, chassis, and transmission systems continue to hold tremendous value within the automotive industry. The construction industry, on the other hand, runs hand in hand with infrastructure development and urbanization which continue to expand.
It creates a substantial requirement for metal castings for machinery, fittings, and structural elements. In addition, construction, aerospace and defense industries require highly precise castings for critical components of aircraft and military equipment. Such extensive demand from varied industrial sectors is fundamental to the claim of strong growth prospects.
Technological Advancements and Process Innovation:
With constant refinements in technology, the metal casting industry continues to evolve. The advanced casting methods like die casting, investment casting, sand casting, and the use of better binders will aid in improving precision and complexity alongside increasing quality.
Furthermore, computer-aided design, computer-aided manufacturing, and simulation software integration serve to optimize the casting approach. This aides in saving time, and materials, while increasing the precision of end products. Such advancements in technology enable metal casters to cater to the ever changing requirements of modern manufacturing.
Growing Focus on Light weighting and Material Substitution:
An important trend impacting the metal casting market is the focus on light weighting, especially in the automotive and aerospace sectors. Demand to improve fuel economy and emissions is propelling the need to want lighter materials.
This trend seeks to develop new lighter alloys like aluminum and magnesium alloys, design features to lessen the weight of castings, and redesign these castings to maintain strength structural components, defeat engineering challenges. Although traditional ferrous castings are still dominant in the market, the growing emphasis on non-structural weight reduction is foster non-ferrous castings with alloys advanced kinetics and new innovative casting processes.
By the IMARC Group, Some of the Top Competitive Landscape Operating in the Metal Casting Market are Given Below:
• Arkema Group
• BASF SE
• Honeywell International Inc.
• Tosoh Corporation
• Zeochem LLC
Global Metal Casting Market Trends:
The globalization of the metal casting industry is moderated by some of the most important authorities. The most essential authority is the furthest reach of robotics and automation in casting foundries. A variety of automation increases productivity, uniformity, and lowers the number of employees needed in each step of the casting operations, from mold preparation to finishing. Another important authority is the heightened concern towards sustainable casting practices.
These practices include the reduction of energy and resource usage as well as waste generation recycling casting materials to reduce the emission of harmful substances by metal casting procedures. In addition, there is an increase in the sophisticated and detailed nature of castings which have narrower tolerances, resulting from the increased sophistication of end use products. This requires advanced casting techniques and much more rigid quality control standards. Lastly, the market is also experiencing some form of localization, concentrating on emerging industrialized economies.
Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/request?type=report&id=1491&flag=C
Key Market Segmentation:
Breakup by Process:
• Sand Casting
• Gravity Casting
• High-Pressure Die Casting (HPDC)
• Low-Pressure Die Casting (LPDC)
• Others
According to the report, sand casting represented the largest segment.
Breakup by Material Type:
• Cast Iron
• Aluminum
• Steel
• Zinc
• Magnesium
• Others
According to the report, cast iron accounted for the largest market share.
Breakup by End Use:
• Automotive and Transportation
• Equipment and Machine
• Building and Construction
• Aerospace and Military
• Others
According to the report, automotive and transportation represented the largest segment.
Breakup by Automotive and Transportation Market: Components:
• Alloy Wheels
• Clutch Casing
• Cylinder Head
• Cross Car Beam
• Crank Case
• Battery Housing
• Others
According to the report, alloy wheels accounted for the largest market share.
Breakup by Automotive and Transportation Market: Vehicle Type:
• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
According to the report, passenger cars represented the largest segment.
Breakup by Automotive and Transportation Market: Electric and Hybrid Type:
• Hybrid Electric Vehicles (HEV)
• Battery Electric Vehicles (BEV)
• Plug-In Hybrid Electric Vehicles (PHEV)
According to the report, hybrid electric vehicles (HEV) accounted for the largest market share.
Breakup by Automotive and Transportation Market:
Application:
• Body Assemblies
• Engine Parts
• Transmission Parts
• Others
According to the report, body assemblies accounted for the largest market share.
Regional Insights:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
According to the report, Asia Pacific accounted for the largest market share.
Key highlights of the Report:
• Market Performance
• Market Outlook
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Contact US:
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
About Us
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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