United States Investment Casting and Heat-resistant Components Industry Sector Outlook 2025-2032

DataM Intelligence has published a new research report on "Investment Casting and Heat-resistant Components Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

North America dominates the market, representing around 39% of global sales, driven by high-value castings. The UK focuses on advanced applications, while China's market is more varied, spanning general engineering and automotive sectors.

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The Indian precision machining market, worth US$5 billion in 2023 and expected to reach US$15 billion by 2030, lays a solid foundation for related sectors like investment casting. With precision component exports surpassing US$18 billion, India's role in the global value chain is expanding, particularly in heat-resistant and investment-cast components.

India's automotive sector is driving precision casting growth, fueled by strong production, rising exports, and policies like PLI-Auto and FAME-II. With a 2030 target of US$145 billion in component production, demand for high-precision, heat-resistant cast parts is set to rise, positioning local suppliers as key global players.

Key Players:

Precision Castparts Corp., Shilpan Steelcast Pvt. Ltd., Meena Cast Pvt. Ltd., Inova Cast Pvt. Ltd., Milwaukee Precision Casting, Barron Industries, REDSTONE MANUFACTURING, CIREX, Turbo Cast (India) Pvt. Ltd., IPCL (Investment & Precision Castings Ltd.), LMM GROUP, Cronite-Group, Schunk Carbon Technology, Prakash Metal Industries and Innova Techno Product Pvt. Ltd.

Growth Forecast Projected:

The Global Investment Casting and Heat-resistant Components Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Industry Developments

In September 2024, Stratasys and Materialise launched the Neo Build Processor for Neo SLA 3D printers, offering 50% faster file processing, improved print speeds, and seamless software integration for high-precision, cost-effective investment casting.

Similarly, 3D Systems introduced QuickCast Air within 3D Sprint, enabling up to 50% material savings, faster builds, and efficient burnout for large, complex aerospace, defense, and energy casting patterns.

Research Process:

Both primary and secondary data sources have been used in the global Investment Casting and Heat-resistant Components Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

By Product Type: (Base Trays and Grids, Radiant Tubes and Furnace Rollers/Rolls, Stacking Baskets, Furnace Fans, Sand Casting Fixturing, Furnace Spare Parts, Wrought Fabrications, Forging Trays and Investment Cast Products)

By End-use Industry: (Automotive Industry, Aerospace & Defense, Energy & Power, Oil & Gas, Medical Devices, Railway Workshops, Construction Equipment and Others)

Regional Analysis for Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Investment Casting and Heat-resistant Components producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Investment Casting and Heat-resistant Components revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ's

Q1: What is the current size of the Investment Casting and Heat-resistant Components Market?

A: The Investment Casting and Heat-resistant Components Market stood at US$28.63 billion in 2024 and is set to experience remarkable growth, reaching US$42.67 billion by 2032

Q2: How fast is the Investment Casting and Heat-resistant Components Market growing?

A: The Market is on an impressive growth trajectory, expected to expand at a CAGR of 5.2% from 2025 to 2032

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