Aluminum Alloy Casting Market size was valued at USD 12.35 Billion in 2024 and is forecasted to grow at a CAGR of 4.9% from 2026 to 2033, reaching USD 18.27 Billion by 2033.
The global Aluminum Alloy Casting Market was valued at USD 49.2 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 6.4% from 2023 to 2030. This growth is driven by rising demand from automotive, aerospace, and industrial sectors seeking lightweight and corrosion resistant components. The transportation segment remains the dominant application area, accounting for over 45% of the global revenue share in 2022, due to increasing vehicle production and growing preference for aluminum components to meet fuel efficiency standards. Furthermore, the expansion of construction and industrial manufacturing sectors continues to boost the demand for high strength, durable aluminum castings worldwide.
Regionally, Asia Pacific held the largest market share in 2022, contributing over 52% of the global revenue, fueled by rapid industrialization, urbanization, and growth in automotive manufacturing across China, India, and Southeast Asia. North America followed with a substantial share, driven by advancements in aerospace technology and sustained automotive production. Europe exhibited steady demand, supported by strong regulations around carbon emissions and energy efficiency that favor lightweight metal components. Opportunities for market growth are particularly strong in emerging economies, where infrastructure development and foreign investments in manufacturing plants are on the rise. Additionally, the trend toward electric vehicles and the use of recycled aluminum in casting processes is expected to further support regional market expansion and innovation.
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Alcoa
Dynacast International
Gibbs Die Casting
Ryobi
Martinrea Honsel
United Company Rusal
Nemak
Rockman Industries
Endurance
LTH
CHALCO
China Hongqiao
Guangdong Hongtu
Hongte
Wencan
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Aluminum Alloy Casting Market
Die Casting
Sand Casting
Permanent Mold Casting
Investment Casting
Other Casting Methods
Aerospace
Automotive
Electronics
Industrial Machinery
Consumer Goods
Aluminum-Silicon Alloys
Aluminum-Copper Alloys
Aluminum-Zinc Alloys
Aluminum-Magnesium Alloys
Aluminum-Lithium Alloys
High-Pressure Die Casting
Low-Pressure Die Casting
=Gravity Casting
Cold Chamber Casting
Hot Chamber Casting
Transportation
Construction
Aerospace & Defense
Oil & Gas
Machinery & Equipment
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Aluminum Alloy Casting Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Aluminum Alloy Casting Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Aluminum Alloy Casting Market, By Type
6. Global Aluminum Alloy Casting Market, By Application
7. Global Aluminum Alloy Casting Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Aluminum Alloy Casting Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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