The Market Reports

Synopsis
The global market for Metal Casting was estimated to be worth US$ 274090 million in 2024 and is forecast to a readjusted size of US$ 406780 million by 2031 with a CAGR of 5.7% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Metal Casting cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Metal casting is a kind of metal forming object obtained by various casting methods, that is, the melted liquid metal is injected into the prepared mold by pouring, injection, inhalation or other casting methods. After cooling, it is ground and other follow-up processing methods, and the object with certain shape, size and performance is obtained All major metals can be cast. The most common are iron, steel, aluminum, magnesium, zinc and copper based alloys. Metal casting methods include conventional molding process, precision molding process, chemical combined sand molding process, and innovative molding and casting technology. Metal castings are used in automobiles, trucks, airplanes, trains, mining and construction equipment, oil wells, kitchenware, pipes, toys, space shuttles, wind turbines, nuclear power plants, tanks, bombs, etc.
The global metal casting industry is dominated by China, which holds approximately 42% of the market share, followed by Europe at 18%. Key players such as Precision Castparts, Hitachi Metals, and Xinxing Ductile Iron collectively account for 15% of the market, reflecting a fragmented competitive landscape. In terms of product types, gray iron castings remain the most prevalent, constituting 40% of production in 2024, while ductile iron, steel, and aluminum castings cater to niche applications. The automotive sector is the largest end-user, closely trailed by energy, driven by demand for lightweight and high-performance components.
The industry is poised for consolidation, with top-tier firms expanding through mergers to enhance R&D capabilities. Sustainability will be pivotal, as stricter emissions regulations drive adoption of low-carbon processes like recycled-material casting. Additionally, digitalization (e.g., AI-driven quality control) and hybrid manufacturing (combining casting with 3D printing) will redefine efficiency standards. China’s "dual-carbon" policy and Europe’s circular economy mandates will accelerate green foundry initiatives.
By 2031, automotive electrification and aerospace lightweighting will sustain demand for precision castings, while energy-sector investments in wind turbines and nuclear components offer new opportunities. However, raw material volatility and geopolitical trade barriers remain critical risks. Companies must prioritize innovation and regional partnerships to navigate this evolving landscape.
This report aims to provide a comprehensive presentation of the global market for Metal Casting, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Metal Casting by region & country, by Type, and by Application.
The Metal Casting market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Metal Casting.
Market Segmentation
By Company
Precision Castparts
Hitachi Metals
Xinxing Ductile Iron
Amsted Rail
Weichai
Ryobi
Doosan Enerbility
Dicastal
Nemak
Alcoa
Hongtu Technology
Kobe Steel
ME Elecmetal
Huaxiang Group
Faw Foundry
Sinojit
Gibbs Die Casting
Endurance
CHALCO
China Hongqiao
HongTeo
WenCan
Segment by Type
Gray Iron Castings
Ductile Iron Castings
Steel Casting
Aluminum Casting
Others
Segment by Application
Automotive Industry
Aviation Industry
Heavy Machinery
Energy Industry
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Metal Casting manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Metal Casting in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Metal Casting in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index