Conventional Aluminum Casting Market Revenue was valued at USD 10.5 Billion in 2024 and is estimated to reach USD 14.8 Billion by 2033, growing at a CAGR of 4.5% from 2026 to 2033.
The global conventional aluminum casting market was valued at approximately $64 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.2% from 2022 to 2030. The demand for conventional aluminum casting is driven by its widespread applications in the automotive, aerospace, and industrial sectors, which seek lightweight and durable components. Increasing adoption of electric vehicles (EVs) and technological advancements in casting techniques are expected to boost market growth. Furthermore, the push for fuel efficiency and reduced emissions in the automotive industry is accelerating the use of aluminum castings.
Regionally, Asia Pacific accounted for the largest market share in 2022, driven by robust industrialization and the presence of major automotive and manufacturing hubs in countries such as China, India, and Japan. North America and Europe also held significant market shares, with the automotive and aerospace industries being key contributors. The Middle East and Africa region is expected to witness moderate growth due to increasing investments in infrastructure and industrialization. Latin America’s market is projected to grow steadily, supported by advancements in manufacturing capabilities. The conventional aluminum casting market presents opportunities for innovation in lightweight components, improved casting techniques, and sustainable manufacturing practices.
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Aichi Steel
Alcoa Corporation
Bharat Forge Limited
Nippon Steel Corporation
ThyssenKrupp AG
Aluminum Precision Products
American Handforge
Kitz Corporation
Ellwood Group Inc.
Arconic Inc.
Farinia Group
FORGINAL industrie
Pyrocast India Pvt. Ltd.
Strojmetal Aluminium Forging a.s
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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 Conventional Aluminum Casting Market
High-Pressure Die Casting
Low-Pressure Die Casting
Gravity Die Casting
Sand Casting
Investment Casting
Aerospace Components
Automotive Parts
Electrical & Electronics
Marine Industry
Construction & Infrastructure
Automotive
Aerospace
Consumer Goods
Industrial Machinery
Electrical and Electronics
Al-Si (Silicon Alloy)
Al-Cu (Copper Alloy)
Al-Mg (Magnesium Alloy)
Al-Zn (Zinc Alloy)
Al-Li (Lithium Alloy)
Die Casting
Sand Casting
Permanent Mold Casting
Investment Casting
Lost Foam Casting
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 Conventional Aluminum 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 Conventional Aluminum Casting Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Conventional Aluminum Casting Market, By Type
6. Global Conventional Aluminum Casting Market, By Application
7. Global Conventional Aluminum Casting Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Conventional Aluminum Casting Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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