Market Forecast By Regions (North America, Latin America, Europe, Asia Pacific, Middle East and Africa), By Process (Gravity Casting, High-Pressure Die Casting (HPDC), Low-Pressure Die Casting (LPDC), Sand Casting), By Material Type (Aluminium, Cast Iron, Magnesium, Zinc, Others), By Application (Body Assemblies, Engine Parts, Transmission Parts), By Components (Alloy Wheels, Battery Housing, Cross Car Beam, Clutch Casing, Crank Cases, Cylinder Heads, Others), By Vehicle Type (Passenger Car, HCV), By Electric & Hybrid Vehicle Type (BEV, HEV, PHEV) And Competitive Landscape
Product Code: ETC150084 | Publication Date: Nov 2021 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 | |
As per 6Wresearch, the global metal casting market was valued at approximately USD 132.7 billion in 2025 and is projected to grow at a compound annual growth rate (CAGR) of 5.8% from 2025 to 2031. This growth is fueled by advancements in casting technologies, the rising adoption of lightweight materials in automotive production, and the expansion of infrastructure projects worldwide. By 2031, the market is expected to reach an estimated value of USD 203.5 billion.
Report Name | Global Metal Casting Market |
Forecast Period | 2025-2031 |
Market Size | USD 203.5 billion by 2031 |
CAGR | 5.8% |
Growing Sector | Aerospace |
The Global Metal Casting Market report thoroughly covers the market by process, Vehicle Type Application and Regions. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
A total of 3D printing and digital manufacturing are well established to drive 3D printing in multiple industries, from automotive to construction, aerospace to heavy equipment, metal casting is a critical underpinning to our economy. Metal casting is needed to create complex durable parts for technological advancements and large-scale consumption. The increasing need for highly fuel-efficient vehicles, the proliferation of electric vehicles, and increasing automation in foundries are certainly influencing the global market for metal casting. Emerging economies are making large investments in manufacturing and construction, with increases in demand for metal casting processes.
Global Metal Casting Market is expected to grow at a significant CAGR of 5.8% during the forecast period 2025-2031. The international metal casting industry is being driven by the need for lighter weight materials in both the automotive and aerospace industries. Governments across the globe are creating stricter regulations to reduce carbon emissions that will compel manufacturers to use much lighter and efficient components than cast iron or cast aluminum. In addition, global urbanization and industrialization is increasing the global demand for cast metal products for machinery, tools, and construction materials; which, in turn increases the demand for more cast metal products to support infrastructure developments in emerging economies. Advances in equipment used in the metal casting industry (e.g. 3D printing and automated casting solutions) are also improving efficiency and quality of production output. There are strong growth trajectories for this industry. These factors are supporting the Global Metal Casting Market growth.
The global metal casting market is witnessing a notable transformation driven by advancements in technology and increasing demand across various industries, including automotive, aerospace, and construction. Lightweight materials and innovative casting technologies are gaining traction as manufacturers strive for improved efficiency and performance. Additionally, the trend toward sustainable practices is pushing the adoption of recyclable and low-emission materials. Digital technologies such as simulation software and IoT-enabled systems are also playing a pivotal role in enhancing productivity and reducing waste in metal casting processes.
The rising demand for lightweight and high-strength components presents lucrative investment opportunities in the metal casting market. Sectors like electric vehicles (EVs) and renewable energy technologies are creating a surge in demand for advanced casting solutions. Furthermore, the push for highly automated foundries integrating artificial intelligence and robotics represents a promising area for investment. Companies that prioritize sustainability, eco-friendly materials, and energy-efficient processes are increasingly attracting investors looking to capitalize on the industry's commitment to greener practices. Expansion in emerging markets and localizing production capacities also present attractive investment prospects for global players.
Several prominent players dominate the global metal casting market, driving innovation and technological advancements. Companies such as Nemak, Ryobi Limited, Georg Fischer, and Hitachi Metals are at the forefront, offering high-quality casting solutions for automotive, aerospace, construction, and industrial applications.
Government regulations significantly influence the operations and growth of the metal casting market across the globe. Stringent environmental policies aimed at reducing greenhouse gas emissions and waste have compelled manufacturers to adopt eco-friendly technologies and sustainable processes. Standards like the Clean Air Act in the U.S. and similar directives in the EU encourage the use of low-emission casting methods and recycled materials. Additionally, regulations promoting workplace safety and improved labor conditions foster compliance among companies, ensuring ethical practices throughout the industry. Adherence to these policies not only mitigates environmental impact but also enhances brand reputation and market competitiveness.
The future of the global metal casting market looks promising, with significant trends shaping its evolution. Key areas of innovation include the adoption of 3D printing technologies for faster prototyping and automated systems that boost efficiency and reduce labor costs. Emerging materials, such as lightweight composites and advanced alloys, are expected to revolutionize the types of components produced, catering to the automotive and aerospace sectors' demand for sustainability and performance.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
Body assemblies hold the leading position in application within the Global Metal Casting Market. The increasing demand for durable yet lightweight body structures in the automotive sector drives the preference for metal casting in body assemblies, supporting both performance and sustainability objectives.
According to Ravi Bhandari, Research Head, 6Wresearch, North America and Asia Pacific are the leading regions in the Global Metal Casting Market. Asia Pacific, particularly, dominates due to the rapid industrialization in countries like China and India, coupled with the growth in the automotive and aerospace sectors.
The market report provides a detailed analysis of the following market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Metal Casting Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Metal Casting Market Revenues & Volume, 2021 & 2031F |
3.3 Global Metal Casting Market - Industry Life Cycle |
3.4 Global Metal Casting Market - Porter's Five Forces |
3.5 Global Metal Casting Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Metal Casting Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 Global Metal Casting Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.8 Global Metal Casting Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Global Metal Casting Market Revenues & Volume Share, By Components, 2021 & 2031F |
3.10 Global Metal Casting Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.11 Global Metal Casting Market Revenues & Volume Share, By Electric & Hybrid Vehicle Type, 2021 & 2031F |
4 Global Metal Casting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Metal Casting Market Trends |
6 Global Metal Casting Market, 2021-2031 |
6.1 Global Metal Casting Market, Revenues & Volume, By Process, 2021-2031 |
6.2 Global Metal Casting Market, Revenues & Volume, By Material Type, 2021-2031 |
6.3 Global Metal Casting Market, Revenues & Volume, By Application, 2021-2031 |
6.4 Global Metal Casting Market, Revenues & Volume, By Components, 2021-2031 |
6.5 Global Metal Casting Market, Revenues & Volume, By Vehicle Type, 2021-2031 |
6.6 Global Metal Casting Market, Revenues & Volume, By Electric & Hybrid Vehicle Type, 2021-2031 |
7 North America Metal Casting Market, 2021-2031 |
7.1 North America Metal Casting Market, Revenues & Volume, By Process, 2021-2031 |
7.2 North America Metal Casting Market, Revenues & Volume, By Material Type, 2021-2031 |
7.3 North America Metal Casting Market, Revenues & Volume, By Application, 2021-2031 |
7.4 North America Metal Casting Market, Revenues & Volume, By Components, 2021-2031 |
7.5 North America Metal Casting Market, Revenues & Volume, By Vehicle Type, 2021-2031 |
7.6 North America Metal Casting Market, Revenues & Volume, By Electric & Hybrid Vehicle Type, 2021-2031 |
8 Latin America Metal Casting Market, 2021-2031 |
8.1 Latin America Metal Casting Market, Revenues & Volume, By Process, 2021-2031 |
8.2 Latin America Metal Casting Market, Revenues & Volume, By Material Type, 2021-2031 |
8.3 Latin America Metal Casting Market, Revenues & Volume, By Application, 2021-2031 |
8.4 Latin America Metal Casting Market, Revenues & Volume, By Components, 2021-2031 |
8.5 Latin America Metal Casting Market, Revenues & Volume, By Vehicle Type, 2021-2031 |
8.6 Latin America Metal Casting Market, Revenues & Volume, By Electric & Hybrid Vehicle Type, 2021-2031 |
9 Europe Metal Casting Market, 2021-2031 |
9.1 Europe Metal Casting Market, Revenues & Volume, By Process, 2021-2031 |
9.2 Europe Metal Casting Market, Revenues & Volume, By Material Type, 2021-2031 |
9.3 Europe Metal Casting Market, Revenues & Volume, By Application, 2021-2031 |
9.4 Europe Metal Casting Market, Revenues & Volume, By Components, 2021-2031 |
9.5 Europe Metal Casting Market, Revenues & Volume, By Vehicle Type, 2021-2031 |
9.6 Europe Metal Casting Market, Revenues & Volume, By Electric & Hybrid Vehicle Type, 2021-2031 |
10 Asia Pacific Metal Casting Market, 2021-2031 |
10.1 Asia Pacific Metal Casting Market, Revenues & Volume, By Process, 2021-2031 |
10.2 Asia Pacific Metal Casting Market, Revenues & Volume, By Material Type, 2021-2031 |
10.3 Asia Pacific Metal Casting Market, Revenues & Volume, By Application, 2021-2031 |
10.4 Asia Pacific Metal Casting Market, Revenues & Volume, By Components, 2021-2031 |
10.5 Asia Pacific Metal Casting Market, Revenues & Volume, By Vehicle Type, 2021-2031 |
10.6 Asia Pacific Metal Casting Market, Revenues & Volume, By Electric & Hybrid Vehicle Type, 2021-2031 |
11 Middle East Metal Casting Market, 2021-2031 |
11.1 Middle East Metal Casting Market, Revenues & Volume, By Process, 2021-2031 |
11.2 Middle East Metal Casting Market, Revenues & Volume, By Material Type, 2021-2031 |
11.3 Middle East Metal Casting Market, Revenues & Volume, By Application, 2021-2031 |
11.4 Middle East Metal Casting Market, Revenues & Volume, By Components, 2021-2031 |
11.5 Middle East Metal Casting Market, Revenues & Volume, By Vehicle Type, 2021-2031 |
11.6 Middle East Metal Casting Market, Revenues & Volume, By Electric & Hybrid Vehicle Type, 2021-2031 |
12 Africa Metal Casting Market, 2021-2031 |
12.1 Africa Metal Casting Market, Revenues & Volume, By Process, 2021-2031 |
12.2 Africa Metal Casting Market, Revenues & Volume, By Material Type, 2021-2031 |
12.3 Africa Metal Casting Market, Revenues & Volume, By Application, 2021-2031 |
12.4 Africa Metal Casting Market, Revenues & Volume, By Components, 2021-2031 |
12.5 Africa Metal Casting Market, Revenues & Volume, By Vehicle Type, 2021-2031 |
12.6 Africa Metal Casting Market, Revenues & Volume, By Electric & Hybrid Vehicle Type, 2021-2031 |
13 Global Metal Casting Market Key Performance Indicators |
14 Global Metal Casting Market - Opportunity Assessment |
14.1 Global Metal Casting Market Opportunity Assessment, By Regions, 2021 & 2031F |
14.2 Global Metal Casting Market Opportunity Assessment, By Process, 2021 & 2031F |
14.3 Global Metal Casting Market Opportunity Assessment, By Material Type, 2021 & 2031F |
14.4 Global Metal Casting Market Opportunity Assessment, By Application, 2021 & 2031F |
14.5 Global Metal Casting Market Opportunity Assessment, By Components, 2021 & 2031F |
14.6 Global Metal Casting Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
14.7 Global Metal Casting Market Opportunity Assessment, By Electric & Hybrid Vehicle Type, 2021 & 2031F |
15 Global Metal Casting Market - Competitive Landscape |
15.1 Global Metal Casting Market Revenue Share, By Companies, 2024 |
15.2 Global Metal Casting Market Competitive Benchmarking, By Operating and Technical Parameters |
16 Company Profiles |
17 Recommendations |
18 Disclaimer |