The global metal casting market is expected to grow at a CAGR of around 7.1% during 2024-2033. This report on global metal casting market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global metal casting market by segmenting the market based on process, material type, end use, components, vehicle type, electric and hybrid type, application and region. Also, detailed profiles of companies operating in the metal casting market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
- Stringency Regulations for Emission & Fuel Efficiency
- Lack of Alternative Manufacturing Process
- Growing Demand for Electric and Hybrid Vehicles
Market Challenges
- High Costs for Materials Casting
- Metal Extrusion Process vs Die Casting Process
Historical & Forecast Period
Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033
Market by Process
- Sand Casting
- Gravity Casting
- High-Pressure Die Casting (HPDC)
- Low-Pressure Die Casting (LPDC)
- Others
Market by Material Type
- Cast Iron
- Aluminium
- Steel
- Zinc
- Magnesium
- Others
Market by End Use
- Automotive and Transportation
- Equipment and Machine
- Building and Construction
- Aerospace and Military
- Other
Market by Components
- Alloy Wheel
- Clutch Casing
- Cylinder Head
- Cross Car Beam
- Crank Case
- Battery Housing
- Others
Market by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Market by Electric and Hybrid Type
- Hybrid Electric Vehicles (HEV)
- Plug-In Hybrid Electric Vehicles (PHEV)
- Battery Electric Vehicles (BEV)
Market by Application
- Body Assemblies
- Engine Parts
- Transmission Parts
- Others
Market by Region
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Rest of Asia Pacific
- Latin America
- Mexico
- Brazil
- Argentina
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- Turkey
- Iran
- United Arab Emirates
- Rest of Middle East & Africa