Metal Castings Market Revenue was valued at USD 123.45 Billion in 2024 and is estimated to reach USD 180.67 Billion by 2033, growing at a CAGR of 5.2% from 2026 to 2033.
The global metal castings market was valued at USD 180 billion in 2022 and is projected to reach USD 250 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.5% from 2022 to 2030. The increasing demand for metal castings from the automotive, aerospace, and machinery industries, coupled with rising investments in infrastructure and urbanization, is driving market growth. Asia Pacific dominated the global market in 2022, accounting for over 45% of the total market share. This is attributed to the high demand for metal castings in manufacturing and construction activities, especially in countries like China and India. Additionally, Europe and North America are expected to hold significant shares in the market, with steady growth expected due to the industrial sector’s demand for advanced metal casting technologies in aerospace and automotive applications.
In terms of regional analysis, the Asia Pacific region is anticipated to continue its dominance throughout the forecast period, owing to rapid industrialization, infrastructural development, and growing automotive production in emerging markets. North America and Europe are also key contributors, with a focus on high-quality, precision casting for automotive, machinery, and defense applications. The Latin American and Middle Eastern markets are expected to experience significant growth, driven by rising demand for metal castings in the construction, automotive, and energy sectors. These regions present ample opportunities for market expansion, as the need for advanced casting solutions rises with industrial growth and urbanization in emerging economies.
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Aperam
Universal Stainless
Stryker
ATI
Haynes International
VDM Metals
ThyssenKrupp
Hitachi Metals
Nippon Yakin Kogyo
Doncasters
Johnson & Johnson
Precision Castparts
Carpenter Technology
Acme Casting Enterprises
Zimmer
Eramet S.A.
Georg Fischer
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 Metal Castings Market
Ferrous Castings
Non-Ferrous Castings
Specialty Alloys
Sand Casting
Investment Casting
Die Casting
Centrifugal Casting
Shell Molding
Automotive
Aerospace
Industrial Machinery
Consumer Goods
Construction
Engineering and Manufacturing
Energy and Power
Marine
Electronics
Medical Devices
Engine Components
Structural Components
Tooling & Dies
Decorative Castings
HeavyDuty Components
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 Metal Castings 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 Metal Castings Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Metal Castings Market, By Type
6. Global Metal Castings Market, By Application
7. Global Metal Castings Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Metal Castings Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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