Automotive Casting Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts

The Automotive Casting Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Expected Automotive Casting Market Size During the Forecast Period?
The size of the automotive casting market has seen significant growth in the past few years. The market is expected to expand from $101.51 billion in 2024 to $107.97 billion in 2025, with a compound annual growth rate (CAGR) of 6.4%. Factors such as rising automotive manufacturing, increasing demand for passenger cars, the need for lighter vehicles, a growing preference for improved surface finishes, and an emphasis on automation have all contributed to the growth seen in the historic period.

The size of the automotive casting market is set to experience robust expansion in the upcoming years. With an expected compound annual growth rate (CAGR) of 6.2%, the market could reach to $137.30 billion by 2029. This projected growth during the forecast period is due to factors such as increased demand for electric vehicles, a surge in the use of innovative die-casting solutions, and improvement in the precision and reliability of die-cast components. Other contributing factors include rising adoption of modern manufacturing techniques as well as an increased requirement for cast components. In the forecast period, key trends to watch include the incorporation of computer-aided engineering, progression in casting technology, the application of hybrid metal-composite materials, the creation of new alloys, and enhancements in squeeze casting.

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What Are the High-Growth Segments in the Automotive Casting Market?
The automotive casting market covered in this report is segmented -

1) By Material Type: Iron, Steel, Aluminum, Other Materials
2) By Process Type: Sand Casting, Die Casting, Investment Casting, Other Processes
3) By Application Type: Engine, Transmission And Suspension, Brakes And Wheels, Other Applications
4) By Distribution Channel Type: Original Equipment Manufacturer (OEM), Aftermarket

Subsegments:
1) By Iron: Gray Iron Casting, Ductile Iron Casting, Malleable Iron Casting
2) By Steel: Carbon Steel Casting, Alloy Steel Casting, Stainless Steel Casting
3) By Aluminum: High-Pressure Die Casting (HPDC), Low-Pressure Die Casting (LPDC), Gravity Die Casting, Sand Casting
4) By Other Materials: Magnesium Casting, Zinc Casting, Copper and Bronze Casting

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What Key Drivers Are Expected to Influence Future Automotive Casting Market Growth?
The advancement of the automotive casting market is triggered by the growth in vehicle manufacturing. Vehicle production, including passenger cars, commercial vehicles, and electric cars, involves the processes of assembly and fabrication. Factors such as the growing global demand, advancements in manufacturing technology, and the fulfilling of government policies contribute to this growth in car production. As individuals' financial power improves with economic growth, the demand for personal and commercial vehicles consequently increases, thereby boosting production. The essential role of automotive casting in car manufacturing, enabling the mass production of high-strength, lightweight, and precision-engineered parts critical for engine performance, structural robustness, and overall automobile efficiency, can't be understated. Accordingly, the International Organization of Motor Vehicle Manufacturers (OICA), a France-based association of car manufacturers, reported a significant climb in the global automotive market in 2023, evidenced by the increased automobile production capacity from 85.02 million units in 2022 to 93.55 million units. Hence, the automotive casting market sees growth due to the upsurge in vehicle manufacturing.

Which Companies Hold the Largest Share Across Different Automotive Casting Market Segments?
Major companies operating in the automotive casting market are Rheinmetall Automotive AG, Linamar Corporation, Nemak S.A.B. de C.V., Bühler AG, Sundaram-Clayton Limited, Rockman Industries Limited, Dynacast International Inc., Endurance Technologies Limited, Ahresty Corporation, Teksid S.p.A., Pace Industries LLC, Impro Industries USA Inc., Metal Technologies Inc., Ryobi Die Casting (USA) Inc., Gibbs Die Casting Corporation, Atek Metal Technologies LLC, Chicago White Metal Casting Inc., Cadillac Casting Inc., Aisin Automotive Casting LLC, Georg Fischer Automotive

What Trends Are Driving Growth in The Automotive Casting Market?
Companies at the helm of the automotive casting market are targeting innovation in the form of die-casting technologies. These advancements aim to lower production costs, enhance efficiency, and yield lighter components for automobiles. The die-casting system involves shaping metal parts by injecting liquefied metal into a mold at high pressure. It's predominantly used to construct complex components with high precision from non-ferrous metals like aluminum, zinc, and magnesium. For example, Buhler Holding AG, based in Switzerland, revealed their Carat 840 mega-casting solution to European audiences in June 2023. This ground-breaking die-casting system is equipped to create large, high-strength structural parts, principally for the automotive sector. It offers excellent precision, efficiency, and scalability, granting manufacturers the capacity to produce intricate aluminum parts in one single casting process. Consequently, it minimizes assembly requirements and boosts vehicle performance.

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What Are the Emerging Geographies for The Automotive Casting Market Growth?
Asia-Pacific was the largest region in the automotive casting market in 2024. The regions covered in the automotive casting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Automotive Casting Market?
2. What is the CAGR expected in the Automotive Casting Market?
3. What Are the Key Innovations Transforming the Automotive Casting Industry?
4. Which Region Is Leading the Automotive Casting Market?

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