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China Metal Foundry Products Market
ID: MRFR/Equip/54476-HCR
200 Pages
June 2025
China Metal Foundry Products Market Research Report: By Technology (Sand Casting, Gravity Die Casting, Continuous Casting, Other Casting), By Product Mix (Ferrous, Non-Ferrous), By Application (Backing Plates, Brake Caliper and Carriers, Brake Disks, Camshaft and Balancing Shafts, Commercial Vehicle Calipers, Differential Case, Pumps, Industrial Hydraulic Housing, Lanchester Balancing System, Wheel Flange, Glass Bottle Mould, Crank Case, Compressor Parts, Agricultural Machine Parts, Earthwork Machine Parts, Crusher & Grinder Parts, Tooli... read more
Industry Developments
The China Metal Foundry Products Market has recently seen significant developments, particularly with companies such as Hebei Iron and Steel Group and Baosteel Group actively pursuing technological advancements in production processes to enhance efficiency and sustainability. In August 2023, China National Chemical Corporation announced a strategic collaboration with Jiangxi Copper Corporation to innovate in metal recycling technologies, aiming to reduce environmental impact. Additionally, in September 2023, Shanxi Taigang Stainless Steel and Hunan Valin Steel reported expansion plans to increase production capacity, responding to rising domestic demand.In notable mergers and acquisitions, Ningbo Jintian Copper Group in October 2023 acquired a smaller competitor, which is expected to strengthen its market position and expand its manufacturing capabilities. Similarly, Lingyun Industrial Corporation announced plans in November 2023 for a merger with Beijing ZL Engineering, anticipated to create a stronger entity in the metal foundry segment. The growth in market valuation of companies, driven by continued investments and advancements, is positively impacting the overall market landscape, encouraging further innovation and expansion within the sector.
Report Scope
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 27.68(USD Billion) |
| MARKET SIZE 2024 | 29.06(USD Billion) |
| MARKET SIZE 2035 | 52.34(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 5.497% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Hebei Iron and Steel Group, Ningbo Jintian Copper Group, China National Chemical Corporation, Shanxi Taigang Stainless Steel, Anhui Conch Cement, Jiangxi Copper Corporation, Baosteel Group, Hunan Valin Steel, Sinosteel Corporation, Beijing ZL Engineering, Lingyun Industrial Corporation, Zhongtai Steel, China First Heavy Industries, China National Building Material Group |
| SEGMENTS COVERED | Technology, Product Mix, Application, End-use |
| KEY MARKET OPPORTUNITIES | Rising automotive industry demand, Advanced manufacturing technologies adoption, Increased infrastructure spending, Growing renewable energy projects, Expansion of export markets |
| KEY MARKET DYNAMICS | Growing automotive industry demand, Increasing infrastructure investments, Adoption of advanced technologies, Rising environmental regulations, Competitive pricing pressures |
| COUNTRIES COVERED | China |
FAQs
What is the expected market size of the China Metal Foundry Products Market in 2024?
The China Metal Foundry Products Market is expected to be valued at 29.06 USD billion in 2024.
What market growth rate can be anticipated from 2025 to 2035?
The market is projected to exhibit a compound annual growth rate (CAGR) of 5.497% from 2025 to 2035.
What will be the market value of the China Metal Foundry Products Market by 2035?
By 2035, the market size is expected to reach 52.34 USD billion.
Which technology segment within the China Metal Foundry Products Market is anticipated to lead in 2024?
The Sand Casting technology segment is expected to dominate with a market value of 10.24 USD billion in 2024.
What will the market value of the Gravity Die Casting segment be in 2035?
The Gravity Die Casting segment is projected to reach a value of 13.73 USD billion by 2035.
Who are the major players in the China Metal Foundry Products Market?
Key players include Hebei Iron and Steel Group, Jiangxi Copper Corporation, and Baosteel Group among others.
What is the market size for Continuous Casting technology in 2024?
The Continuous Casting technology segment is expected to be valued at 5.6 USD billion in 2024.
How much will the Other Casting segment be worth in 2035?
The Other Casting segment is projected to be valued at 10.56 USD billion by 2035.
What are some key applications driving growth in the China Metal Foundry Products Market?
Key applications include automotive, aerospace, and construction sectors which significantly drive the market.
How is the Chinese Metal Foundry Products Market expected to grow regionally?
The market is expected to grow steadily across all regions of China, reflecting its robust industrial base.
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