Press release
North America Centrifugal Casting Market to Reach USD 1072.2 Million by 2033, Driven by Industrial Expansion and Material Advancements
North America Centrifugal Casting Market
The market outlook is also being shaped by increasing technological innovations, adoption of automation, and the need for sustainable manufacturing solutions. North America, with its strong industrial base, investment in advanced materials, and growing energy sector, is becoming a hub for centrifugal casting adoption.
Market Size & Insights
The North America centrifugal casting market is experiencing a steady growth trajectory owing to the rising demand for durable and corrosion-resistant components. With industries seeking manufacturing processes that can deliver higher precision and material utilization, centrifugal casting has become an essential technique.
North America centrifugal casting market garnered a revenue of USD 685.1 million in the year 2024 globally and has been foreseen to yield USD 1072.2 million by the year 2033 at a compound annual growth (CAGR) of 5.2% over the forecast period. Underpinned by the increasing use of centrifugal casting in automotive and aerospace sectors. Automotive manufacturers in North America are focusing on reducing weight while ensuring durability, which makes centrifugal casting highly relevant for engine components, turbochargers, and exhaust systems. Similarly, aerospace applications require high-strength and fatigue-resistant materials, where centrifugal casting plays a crucial role.
The energy and oil & gas industries also represent major demand segments, as pipes, turbines, and boiler tubes manufactured using centrifugal casting offer enhanced strength, structural integrity, and resistance to extreme temperatures. This is particularly important in North America, where oil and gas exploration activities and renewable energy projects are expanding.
Moreover, advancements in digital simulation, CNC integration, and automated casting technologies are helping manufacturers reduce errors, increase efficiency, and lower operational costs. As a result, the centrifugal casting market in North America is expected to witness robust demand across multiple end-use industries in the coming decade.
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Key Factors Driving the Future Growth of the North America Centrifugal Casting Market:
• Rising demand for lightweight, durable, and high-strength components in automotive and aerospace sectors.
• Expanding oil & gas and energy industries, requiring corrosion-resistant and thermally stable materials.
• Increasing adoption of automation and digital technologies in manufacturing processes.
• Focus on sustainability and waste reduction, with centrifugal casting enabling efficient material usage.
• Growth in defense and marine industries, boosting demand for precision casting of critical components.
• Advancements in special alloys and composite materials, broadening application scope.
Top 10 Market Companies
• MetalTek International
• Spuncast, Inc.
• Centrifugal Castings, Inc. (CCI)
• American Spincast, Inc.
• United States Pipe and Foundry Company
• A&B Foundry and Machining (U.S.)
• WHEMCO, Inc.
• Johnson Centrifugal Technologies
• MCC International
Market Segments
By Material Type:
• Stainless Steel
• Cast Iron
• Nickel-Based Alloys
• Other Alloys
By Casting Type:
• Horizontal Centrifugal Casting
• Vertical Centrifugal Casting
By Application:
• Industrial Machinery
• Automotive
• Aerospace & Defense
• Oil & Gas
• Others
By Country:
• U.S.
• Canada
• Mexico
Recent Developments
• Introduction of AI-enabled casting simulation software to enhance precision and reduce material waste.
• Expansion of North American foundries with automated centrifugal casting lines.
• Collaboration between casting companies and automotive OEMs for lightweight alloy component production.
• Investments in sustainable manufacturing processes, including recycling of materials in casting.
• Development of heat-resistant superalloys for aerospace and energy applications.
• Strategic acquisitions by leading players to expand regional manufacturing capacity.
Market Outlook
The outlook for the North America centrifugal casting market is highly positive, with strong opportunities emerging across multiple industries. The shift toward sustainable and energy-efficient manufacturing practices is expected to accelerate centrifugal casting adoption. As industries continue to prioritize precision, reliability, and cost-efficiency, centrifugal casting is set to play a vital role in meeting these requirements.
Automotive and aerospace players will remain dominant consumers, particularly as electrification trends and lightweight material adoption reshape product design. Similarly, the oil & gas sector, which demands reliable and corrosion-resistant pipelines and tubular products, will sustain a steady demand base. With the region focusing on renewable energy projects such as wind and solar power, centrifugal casting applications in turbines and energy storage systems will also witness an uptick.
Technological innovation will remain a key differentiator for manufacturers in the market. Companies investing in automation, digital twins, and additive manufacturing integration with centrifugal casting will likely gain a competitive edge. By 2033, the market is expected to not only expand in size but also diversify into new application areas, making North America a global leader in centrifugal casting solutions.
Contact:
Ajay N
Ph: +1-970-633-3460
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Address: North Mason Street, Fort Collins,
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DataHorizzon is a market research and advisory company that assists organizations across the globe in formulating growth strategies for changing business dynamics. Its offerings include consulting services across enterprises and business insights to make actionable decisions. DHR's comprehensive research methodology for predicting long-term and sustainable trends in the market facilitates complex decisions for organizations.
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