According to the latest report by IMARC Group, titled “Metal Casting Market Size, Share, Trends and Forecast by Process, Material Type, End Use, Components, Vehicle Type, Electric and Hybrid Type, Application, and Region, 2025-2033”, offers a comprehensive analysis of the industry, which comprises insights on the global metal casting market outlook. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
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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Metal Casting Market Dynamics:
Robust Demand from Key End-Use Industries:
The demand from the essential end-use sectors perpetually remains significant for the industry, which in turn drives the global market for the metal casting industry towards growth. The automotive industry continues to be one of the major consumers, utilizing metal castings in engine blocks, cylinder heads, transmission housings, and other structural components. Likewise, the construction industry is also a major consumer of metal castings used in the construction of pipes, valves, and other structural elements. Additionally, the aerospace industry is one of the consumers which require high-precision castings of aircraft engines and other structural parts. The advances in technology and steady development in such key industries is accompanied by consistent and increasing requirements for a wide array of diverse metal casting products, leading to the growth of the market.
Technological Advancements in Casting Processes:
With the invention of new technologies that increase the efficiency, accuracy, and the material properties of the workpieces, the metal casting sector is undergoing constant change. Modern casting techniques such as high pressure die casting, investment casting, and sand casting are capable of producing more demanding geometries to tighter tolerances and better surface finishes. New developments in CAD and CAM technologies facilitate new opportunities in mold design, and mold simulations which leads to mold designs with lower defects and lower material use, hence waste. There is also new technology in metal casting foundries that improves the production rate, hence stood under the umbrella of modernization of processes and robotics.
Increasing Focus on Light weighting and Material Innovation:
One of the most important trends that impacts the entire metal casting market is increased focus on light weighting in the automotive and aerospace sectors. There is strong demand for lightweight cast components fabricated from aluminum and magnesium alloys due to the need to improve fuel economy and lower emissions. At the same time, engineering design for new metal castings is aided by the ongoing material invention that gives new advanced alloys with greater strength, corrosion resistance, and thermal properties. This focus on light weighting and material developments places a greater requirement for improved alloys and new casting processes, which will aid in the advancement of these specialized and high-performance markets.
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:
There are multiple trends currently impacting the global metal casting market. Being at the forefront of emerging trends is adoption of more sustainable casting methods. Foundries are now more environmentally responsible and are attempting to reduce their energy consumption, waste, and scrap metal to optimize recovery processes. Increasing environmentally friendly materials and methods of casting also enhance its scope and are being developed and adopted.
Another important growth trend is the increasing supply and demand of intricate and complex castings. The addition of new casting processes like addititve manufacturing for tooling and rapid prototyping is making the realization of intricate geometry simpler and quicker than ever before. This is particularily important for the aerospace and medical devices industries. Moreover, the market is witnessing an increase in near-net-shape castings which require little to no additional machining done on them, thus saving costs and utilizing materials much more efficiently. It is also noted that the use of digital tools for monitoring processes and controlling the quality undergo is becoming more common, permeability, and lowering the standards of defects.
Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/metal-casting-market
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.
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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