Metal Casting Market Size & Share, by Material (Aluminum, Iron, Steel); Application (Automotive & Transportation, Building & Construction, Industrial); Process (Gravity, High & Low Pressure, Sand) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 5133
  • Published Date: Aug 08, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, Trend highlights Over 2023 - 2035

Metal Casting Market size is estimated to reach USD 280 billion by the end of 2035, growing at a CAGR of 6% by 2023 – 2035. In the year 2022, the industry size of metal casting was USD 135 billion. Population growth doubled with rapid urbanization has raised the architecture and construction industry in developing as well as developed countries such as India, China, Japan, and other regions making use of metal casting to offer structural support. For instance, as per National Investment Promotion and Facilitation Agency, infrastructural activities held a 13% share in total FDI inflows in 2021. 

Factors such as increase in disposable income, growing vehicle production, standards on fuel efficiency and gases emission from vehicles are estimated to propel the market expansion. As per the International Organization of Motor Vehicle Manufacturers, globally over 79 million vehicles were produced in 2021.

Metal Casting Market
Get more information on this report: Request Free Sample PDF

Metal Casting Sector: Growth Drivers and Challenges

Growth Drivers

  • Growing Use in Construction Sector- Metal casting is used in the construction industry as heavy equipment and others. This has raised the demand for metal castings for network maintenance. It involves the production of tens of thousands of steel, iron, and nickel alloy castings required for pipeline development, maintenance, and retrofitting, thus leading to rising demand in the upcoming years. The largest energy pipeline network in the United States, which consists of almost 2.4 million miles of pipe.
  • Increasing Technological Advancement in Automotive Sector – Growing technological advancement in the automotive sector is propelling the demand for automotive products this in turn is expected to boost the metal casting market value during the forecasted period. India, China, and South Korea are among the top 10 countries in the world with the largest automobile market with significant demand for aluminum. 
  •  Increasing Electronic Industry – Metal Casting solutions are highly used in the electronic industry to produce three-dimensional parts. Metal casting is used by popular market players such as Apple, LG, and Samsung owing to its numerous advantages such as precision, easy yield complexity, and the manufacturing of rigid cast parts with soft bodies that do not require severe machining. 


  • High Investment Cost – Metal casting consisting of high investment costs might pose limitations in front of manufacturers with less investment ability to enter into the metal casting market. This factor is expected to hamper the market growth in the near future. 
  • Lack of Skilled Professionals 
  • Increasing 3D Printing 

Metal Casting Market: Key Insights

Base Year


Forecast Year

2023 – 2035



Base Year Market Size (2022)

~USD 135 billion

Forecast Year Market Size (2035)

~USD 280 billion

Regional Synopsis

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
Get more information on this report: Request Free Sample PDF

Metal Casting Segmentation

Material (Aluminum, Iron, Steel)

The aluminum segment is anticipated to account for notable share of 50 % in the estimated period. Aluminum casting is widely used in vehicle production as a lightweight material for vehicles, and growing trend of aluminum metal die casting. Owing to a wide variety of advantages of aluminum such as fuel efficiency, durability, corrosion resistance, acceleration, better handling, and others, this type of  advanced material metal casting is used in the automobile sector. As per a report from the European Aluminum Association, aluminum content reached around 180kg in 2020. 

Application (Automotive & Transportation, Building & Construction, Industrial)

The automotive & transportation segment in the metal casting market is anticipated to account for the highest revenue share by the end of 2035. The growth can be attributed to the increasing disposable income and demand for OEMs which further is pushing the demand for metal casting in the automotive sector as metal casting is highly applied in the production process of pistons, engine blocks, brake drums, carburetors, and other vehicle parts. 

Our in-depth analysis of the global market includes the following segments:



  • Automotive & Transportation
  • Building & Construction
  •  Industrial



  • Automotive & Transportation
  • Building & Construction
  • Industrial



  • Gravity
  • High & Low Pressure
  • Sand

Want to customize this research report as per your requirements? Our research team will cover the information you require to help you take effective business decisions.

Customize this Report

Global Metal Casting Industry Regional Synopsis

APAC Market Analysis

The market in the Asia Pacific region is predicted to witness the largest gain of 35 % by the end of 2035. China is considered to be the largest producer as well as consumer of metal casting in this region. China held a production volume of 50,000 kilotons, in the same year India held a production volume of 12,100 kilotons. Also, the increasing demand for metal casting in end-user industries and growing disposable income are expected to boost the market’s growth in the region.

European Market Forecast

The Europe metal casting industry is anticipated to grow significantly in the predicted period. In the Europe region, there are more than 4,500 metal casting firms, with small organizations with less than 50 workers. However, the strong presence of the automobile industry in France, Germany, and Italy is expected to raise the demand for aluminum-based casting in the upcoming years.

Research Nester
Metal Casting Market Size
Get more information on this report: Request Free Sample PDF

Companies Dominating the Metal Casting Landscape

    • Ahresty Corporation
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
    • SWOT Analysis
    • Aisin Automotive Casting
    • Dynacast, Endurance
    • GF Casting Solution
    • Gibbs Die Casting
    • Mino Industrial
    • Nemak
    • Rheinmetall Automotive
    • Doosan Heavy Industries & Construction
    • Endurance Technologies Limited

In the News

  • A joint venture worth USD 834 million for the construction of a forging and metal casting plant in Saudi Arabia to produce roughly 60,000 tonnes of metal casting per year was announced by South Korean company Doosan Heavy Industries & Construction and Saudi Aramco Development Co.
  • Switzerland-based GF Casting Solutions and Mexico-based Bocar Group, a leading supplier of assembly and light metal casting solutions, enter into an agreement to offer professional services and a wide range of products worldwide announced. The alliance aims to bring greater value to customers by combining the capabilities of these leaders in high pressure die casting parts. 

Author Credits:  Smruti Ranjan, Rajrani Baghel

  • Report ID: 5133
  • Published Date: Aug 08, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for metal casting in end use industry and growing use of aluminum as lightweight material in vehicle industry are some of the major factors anticipated to drive the growth of the metal casting market.

The market is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2023 – 2035.

The major players in the market are Gibbs Die Casting, Mino Industrial, Nemak, Rheinmetall Automotive, Doosan Heavy Industries & Construction, Endurance Technologies Limited and others.

The aluminum segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in Asia Pacific is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
Metal Casting Market Report Scope

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying