Metal Casting Market Research Report - Global Forecast till 2030

Metal Casting Market Research Report Information By Material Type (Cast Iron, Aluminum, Stainless Steel, Zinc, Magnesium), By Process (Sand Casting, Die Casting, Shell Mold Casting, Gravity Casting, Vacuum Casting), By End-Use Industry (Automotive & Transportation, Building & Construction, Mining, Equipment & Machine, Consumer Goods), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2030.

ID: MRFR/CnM/6642-CR | 100 Pages | Author: Priya Nagrale | April 2022         

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 21

1.1 MARKET ATTRACTIVENESS ANALYSIS 23

1.1.1 GLOBAL METAL CASTING MARKET, BY MATERIAL TYPE 24

1.1.2 GLOBAL METAL CASTING MARKET, BY PROCESS TYPE 25

1.1.3 GLOBAL METAL CASTING MARKET, BY END USE INDUSTRY 26

1.1.4 GLOBAL METAL CASTING MARKET, BY REGION 27

2 MARKET INTRODUCTION 28

2.1 DEFINITION 28

2.2 SCOPE OF THE STUDY 28

2.3 MARKET STRUCTURE 29

3 RESEARCH METHODOLOGY 30

3.1 RESEARCH PROCESS 30

3.2 PRIMARY RESEARCH 31

3.3 SECONDARY RESEARCH 32

3.4 MARKET SIZE ESTIMATION 32

3.5 TOP-DOWN AND BOTTOM-UP APPROACH 33

3.6 FORECAST MODEL 34

3.7 LIST OF ASSUMPTIONS & LIMITATIONS 35

4 MARKET DYNAMICS 36

4.1 INTRODUCTION 36

4.2 DRIVERS 37

4.2.1 INCREASING DEMAND FOR ALUMINUM IN THE AUTOMOTIVE INDUSTRY 37

4.2.2 GROWTH OF THE MAJOR END-USE INDUSTRIES 37

4.3 RESTRAINTS 39

4.3.1 INCREASING PREFERENCE FOR ALTERNATIVE PROCESSES 39

4.4 OPPORTUNITIES 40

4.4.1 GROWING PREFERENCE FOR ELECTRIC VEHICLES 40

4.4.2 INCREASING ADOPTION OF ELECTRIC BUSES TO TRANSFORM PUBLIC TRANSPORT 41

4.4.3 INCREASING FDI IN THE ELECTRICAL AND ELECTRONICS INDUSTRY IN EMERGING ECONOMIES 42

4.5 TRENDS 42

4.5.1 3D PRINTING TECHNIQUE IS GAINING TRACTION IN THE TRADITIONAL METAL CASTING PROCESS 42

5 MARKET FACTOR ANALYSIS 43

5.1 SUPPLY CHAIN ANALYSIS 43

5.1.1 RAW MATERIAL SUPPLIERS 43

5.1.2 METAL CASTING PRODUCERS 43

5.1.3 DISTRIBUTION & SALES CHANNEL 44

5.1.4 END USE INDUSTRY 44

5.2 PORTER'S FIVE FORCES ANALYSIS 45

5.2.1 THREAT OF NEW ENTRANTS 45

5.2.2 BARGAINING POWER OF SUPPLIERS 46

5.2.3 THREAT OF SUBSTITUTES 46

5.2.4 BARGAINING POWER OF BUYERS 46

5.2.5 INTENSITY OF RIVALRY 46

5.3 PRICING OVERVIEW, 2019-2021 (USD/TONS) 46

5.4 IMPACT OF COVID 19 OUTBREAK ON GLOBAL METAL CASTING MARKET 47

5.4.1 OVERVIEW 47

5.4.2 QUALITATIVE ANALYSIS ON CHANGES IN SUPPLY CHAIN 47

5.4.3 QUALITATIVE ANALYSIS ON CHANGE IN DEMAND FOR METAL CASTING INDUSTRY DUE TO COVID-19 47

5.4.4 MAJOR GOVERNMENT POLICIES TO COUNTER THE PANDEMIC 48

5.4.5 KEY POLICY RESPONSES AS OF DECEMBER 2020 48

5.4.5.1 FISCAL POLICIES 48

6 GLOBAL METAL CASTING MARKET, BY MATERIAL TYPE 49

6.1 OVERVIEW 49

6.1.1 METAL CASTING: MARKET ESTIMATES & FORECAST BY MATERIAL TYPE, 2022-2030 50

6.1.2 METAL CASTING: MARKET ESTIMATES & FORECAST BY MATERIAL TYPE, 2022-2030 51

6.2 CAST IRON 52

6.2.1 CAST IRON: MARKET ESTIMATES & FORECAST BY REGION,2022-2030 52

6.3 ALUMINIUM 53

6.3.1 ALUMINIUM: MARKET ESTIMATES & FORECAST BY REGION,2022-2030 53

6.4 STAINLESS STEEL 54

6.4.1 STAINLESS STEEL: MARKET ESTIMATES & FORECAST BY REGION,2022-2030 54

6.5 ZINC 55

6.5.1 ZINC: MARKET ESTIMATES & FORECAST BY REGION,2022-2030 55

6.6 MAGNESIUM 56

6.6.1 MAGNESIUM: MARKET ESTIMATES & FORECAST BY REGION,2022-2030 56

6.7 CARBON STEEL 57

6.7.1 CARBON STEEL: MARKET ESTIMATES & FORECAST BY REGION,2022-2030 57

6.8 HIGH STEEL ALLOY 58

6.8.1 HIGH STEEL ALLOY: MARKET ESTIMATES & FORECAST BY REGION,2022-2030 58

6.9 OTHERS 59

6.9.1 OTHERS: MARKET ESTIMATES & FORECAST BY REGION,2022-2030 59

7 GLOBAL METAL CASTING MARKET, BY PROCESS TYPE 60

7.1 OVERVIEW 60

7.1.1 METAL CASTING: MARKET ESTIMATES & FORECAST BY PROCESS TYPE, 2022-2030 61

7.1.2 METAL CASTING: MARKET ESTIMATES & FORECAST BY PROCESS TYPE, 2022-2030 62

7.2 SAND CASTING 63

7.2.1 SAND CASTING: MARKET ESTIMATES & FORECAST BY REGION,2022-2030 63

7.3 DIE CASTING 64

7.3.1 DIE CASTING: MARKET ESTIMATES & FORECAST BY REGION,2022-2030 64

7.4 SHELL MOLD CASTING 65

7.4.1 SHELL MOLD CASTING: MARKET ESTIMATES & FORECAST BY REGION,2022-2030 65

7.5 GRAVITY CASTING 66

7.5.1 GRAVITY CASTING: MARKET ESTIMATES & FORECAST BY REGION,2022-2030 66

7.6 VACUUM CASTING 67

7.6.1 VACUUM CASTING: MARKET ESTIMATES & FORECAST BY REGION,2022-2030 67

7.7 INVESTMENT CASTING 68

7.7.1 INVESTMENT CASTING: MARKET ESTIMATES & FORECAST BY REGION,2022-2030 68

7.8 OTHERS 69

7.8.1 OTHERS: MARKET ESTIMATES & FORECAST BY REGION,2022-2030 69

8 GLOBAL METAL CASTING MARKET, BY END-USE INDUSTRY 70

8.1 OVERVIEW 70

8.1.1 METAL CASTING: MARKET ESTIMATES & FORECAST BY END-USE INDUSTRY, 2022-2030 71

8.1.2 METAL CASTING: MARKET ESTIMATES & FORECAST BY END-USE INDUSTRY, 2022-2030 72

8.2 AUTOMOTIVE & TRANSPORTATION 73

8.2.1 AUTOMOTIVE & TRANSPORTATION: MARKET ESTIMATES & FORECAST BY REGION, 2022-2030 73

8.2.2 GEARBOX 75

8.2.3 WHEELS 76

8.2.4 ENGINE BLOCKS 77

8.2.5 CYLINDER HEAD 78

8.2.6 EXHAUST MANIFOLD 79

8.2.7 SEAT FRAME 80

8.2.8 OTHERS 81

8.3 BUILDING & CONSTRUCTION 82

8.3.1 BUILDING & CONSTRUCTION: MARKET ESTIMATES & FORECAST BY REGION,2022-2030 82

8.4 MINING 83

8.4.1 MINING: MARKET ESTIMATES & FORECAST BY REGION,2022-2030 83

8.5 EQUIPMENT & MACHINE 84

8.5.1 EQUIPMENT & MACHINE: MARKET ESTIMATES & FORECAST BY REGION,2022-2030 84

8.5.2 PUMPS & VALVES 86

8.5.3 OTHERS 87

8.6 CONSUMER GOODS 88

8.6.1 CONSUMER GOODS: MARKET ESTIMATES & FORECAST BY REGION,2022-2030 88

8.7 OTHERS 89

8.7.1 OTHERS: MARKET ESTIMATES & FORECAST BY REGION,2022-2030 89

9 GLOBAL METAL CASTING MARKET, BY REGION 91

9.1 OVERVIEW 91

9.2 NORTH AMERICA 94

9.2.1 US 100

9.2.2 CANADA 105

9.3 EUROPE 110

9.3.1 GERMANY 116

9.3.2 UK 121

9.3.3 FRANCE 126

9.3.4 SPAIN 131

9.3.5 ITALY 136

9.3.6 RUSSIA 141

9.3.7 REST OF EUROPE 146

9.4 ASIA-PACIFIC 152

9.4.1 CHINA 158

9.4.2 JAPAN 163

9.4.3 INDIA 168

9.4.4 SOUTH KOREA 173

9.4.5 AUSTRALIA & NEW ZEALAND 178

9.4.6 REST OF ASIA-PACIFIC 183

9.1 LATIN AMERICA 189

9.1.1 BRAZIL 195

9.1.2 MEXICO 200

9.1.3 ARGENTINA 205

9.1.4 REST OF LATIN AMERICA 210

9.2 MIDDLE EAST & AFRICA 216

9.2.1 GCC COUNTRIES 222

9.2.2 SOUTH AFRICA 227

9.2.3 TURKEY 232

9.2.4 REST OF THE MIDDLE EAST & AFRICA 237

10 COMPETITIVE LANDSCAPE 243

10.1 COMPETITIVE OVERVIEW 243

10.2 GLOBAL MARKET STRATEGY ANALYSIS 243

10.3 RECENT DEVELOPMENTS 244

10.4 COMPETITIVE BENCHMARKING 245

11 COMPANY PROFILES 246

11.1 ENDURANCE TECHNOLOGIES LIMITED 246

11.1.1 COMPANY OVERVIEW 246

11.1.2 FINANCIAL OVERVIEW 247

11.1.3 PRODUCTS OFFERED 248

11.1.4 KEY DEVELOPMENTS 248

11.1.5 SWOT ANALYSIS 249

11.1.6 KEY STRATEGIES 249

11.2 GF CASTING SOLUTIONS AG 250

11.2.1 COMPANY OVERVIEW 250

11.2.2 FINANCIAL OVERVIEW 250

11.2.3 PRODUCTS OFFERED 251

11.2.4 KEY DEVELOPMENTS 252

11.2.5 SWOT ANALYSIS 253

11.2.6 KEY STRATEGIES 253

11.3 RYOBI LIMITED 254

11.3.1 COMPANY OVERVIEW 254

11.3.2 FINANCIAL OVERVIEW 255

11.3.3 PRODUCTS OFFERED 255

11.3.4 KEY DEVELOPMENTS 256

11.3.5 SWOT ANALYSIS 256

11.3.6 KEY STRATEGIES 256

11.4 DYNACAST 257

11.4.1 COMPANY OVERVIEW 257

11.4.2 FINANCIAL OVERVIEW 257

11.4.3 PRODUCTS OFFERED 257

11.4.4 KEY DEVELOPMENTS 259

11.4.5 SWOT ANALYSIS 259

11.4.6 KEY STRATEGIES 260

11.5 PRECISION CASTPARTS CORP 261

11.5.1 COMPANY OVERVIEW 261

11.5.2 FINANCIAL OVERVIEW 261

11.5.3 PRODUCTS OFFERED 261

11.5.4 KEY DEVELOPMENTS 262

11.5.5 SWOT ANALYSIS 262

11.5.6 KEY STRATEGIES 262

11.6 GIBBS 263

11.6.1 COMPANY OVERVIEW 263

11.6.2 FINANCIAL OVERVIEW 263

11.6.3 PRODUCTS OFFERED 263

11.6.4 KEY DEVELOPMENTS 264

11.6.5 SWOT ANALYSIS 265

11.6.6 KEY STRATEGIES 265

11.7 ALCAST TECHNOLOGIES 266

11.7.1 COMPANY OVERVIEW 266

11.7.2 FINANCIAL OVERVIEW 266

11.7.3 PRODUCTS OFFERED 266

11.7.4 KEY DEVELOPMENTS 266

11.7.5 SWOT ANALYSIS 267

11.7.6 KEY STRATEGIES 267

11.8 AHRESTY WILMINGTON CORPORATION 268

11.8.1 COMPANY OVERVIEW 268

11.8.2 FINANCIAL OVERVIEW 268

11.8.3 PRODUCTS OFFERED 268

11.8.4 KEY DEVELOPMENTS 268

11.8.5 SWOT ANALYSIS 269

11.8.6 KEY STRATEGIES 269

11.9 FORCEBEYOND 270

11.9.1 COMPANY OVERVIEW 270

11.9.2 FINANCIAL OVERVIEW 270

11.9.3 PRODUCTS OFFERED 270

11.9.4 KEY DEVELOPMENTS 271

11.9.5 SWOT ANALYSIS 272

11.9.6 KEY STRATEGIES 272

11.10 RELIANCE FOUNDRY CO. LTD 273

11.10.1 COMPANY OVERVIEW 273

11.10.2 FINANCIAL OVERVIEW 273

11.10.3 PRODUCTS OFFERED 273

11.10.4 KEY DEVELOPMENTS 274

11.10.5 SWOT ANALYSIS 274

11.10.6 KEY STRATEGIES 274

12 APPENDIX 275

12.1 REFERENCES 275

12.2 RELATED REPORTS 276

LIST OF TABLES

TABLE 1 LIST OF ASSUMPTIONS & LIMITATIONS 35

TABLE 2 PRICING OVERVIEW, BY REGION 46

TABLE 3 METAL CASTING MARKET ESTIMATES & FORECAST, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 50

TABLE 4 METAL CASTING MARKET ESTIMATES & FORECAST, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 51

TABLE 5 CAST IRON MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 52

TABLE 6 CAST IRON MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 52

TABLE 7 ALUMINIUM MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 53

TABLE 8 ALUMINIUM MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 53

TABLE 9 STAINLESS STEEL MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 54

TABLE 10 STAINLESS STEEL MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 54

TABLE 11 ZINC MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 55

TABLE 12 ZINC MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 55

TABLE 13 MAGNESIUM MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 56

TABLE 14 MAGNESIUM MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 56

TABLE 15 CARBON STEEL MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 57

TABLE 16 CARBON STEEL MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 57

TABLE 17 HIGH STEEL ALLOY MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 58

TABLE 18 HIGH STEEL ALLOY MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 58

TABLE 19 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 59

TABLE 20 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 59

TABLE 21 METAL CASTING MARKET ESTIMATES & FORECAST, BY PROCESS TYPE, 2022-2030 (USD MILLION) 61

TABLE 22 METAL CASTING MARKET ESTIMATES & FORECAST, BY PROCESS TYPE, 2022-2030 (KILO TONS) 62

TABLE 23 SAND CASTING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 63

TABLE 24 SAND CASTING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 63

TABLE 25 DIE CASTING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 64

TABLE 26 DIE CASTING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 64

TABLE 27 SHELL MOLD CASTING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 65

TABLE 28 SHELL MOLD CASTING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 65

TABLE 29 GRAVITY CASTING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 66

TABLE 30 GRAVITY CASTING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 66

TABLE 31 VACUUM CASTING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 67

TABLE 32 VACUUM CASTING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 67

TABLE 33 INVESTMENT CASTING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 68

TABLE 34 INVESTMENT CASTING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 68

TABLE 35 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 69

TABLE 36 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 69

TABLE 37 METAL CASTING MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 71

TABLE 38 METAL CASTING MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 72

TABLE 39 AUTOMOTIVE & TRANSPORTATION MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 73

TABLE 40 AUTOMOTIVE & TRANSPORTATION MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 74

TABLE 41 METAL CASTING MARKET ESTIMATES & FORECAST, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 74

TABLE 42 METAL CASTING MARKET ESTIMATES & FORECAST, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 75

TABLE 43 GEARBOX MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 75

TABLE 44 GEARBOX MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 76

TABLE 45 WHEELS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 76

TABLE 46 WHEELS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 77

TABLE 47 ENGINE BLOCKS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 77

TABLE 48 ENGINE BLOCKS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 78

TABLE 49 CYLINDER HEAD BLOCKS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 78

TABLE 50 CYLINDER HEAD MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 79

TABLE 51 EXHAUST MANIFOLD MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 79

TABLE 52 EXHAUST MANIFOLD MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 80

TABLE 53 SEAT FRAME MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 80

TABLE 54 SEAT FRAME MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 81

TABLE 55 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 81

TABLE 56 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 82

TABLE 57 BUILDING & CONSTRUCTION MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 82

TABLE 58 BUILDING & CONSTRUCTION MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 83

TABLE 59 MINING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 83

TABLE 60 MINING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 84

TABLE 61 EQUIPMENT & MACHINE MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 84

TABLE 62 EQUIPMENT & MACHINE MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 85

TABLE 63 METAL CASTING MARKET ESTIMATES & FORECAST, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 85

TABLE 64 METAL CASTING MARKET ESTIMATES & FORECAST, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 86

TABLE 65 PUMPS & VALVES MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 86

TABLE 66 PUMPS & VALVES MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 87

TABLE 67 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 87

TABLE 68 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 88

TABLE 69 CONSUMER GOODS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 88

TABLE 70 CONSUMER GOODS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 89

TABLE 71 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 89

TABLE 72 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS) 90

TABLE 73 GLOBAL METAL CASTING MARKET, BY REGION, 2022-2030 (USD MILLION) 92

TABLE 74 GLOBAL METAL CASTING MARKET, BY REGION, 2022-2030 (KILO TONS) 93

TABLE 75 NORTH AMERICA: METAL CASTING MARKET, BY COUNTRY, 2022-2030 (USD MILLION) 94

TABLE 76 NORTH AMERICA: METAL CASTING MARKET, BY COUNTRY, 2022-2030 (KILO TONS) 94

TABLE 77 NORTH AMERICA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 95

TABLE 78 NORTH AMERICA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 95

TABLE 79 NORTH AMERICA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 96

TABLE 80 NORTH AMERICA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 96

TABLE 81 NORTH AMERICA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 97

TABLE 82 NORTH AMERICA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 97

TABLE 83 NORTH AMERICA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 98

TABLE 84 NORTH AMERICA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 98

TABLE 85 NORTH AMERICA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 99

TABLE 86 NORTH AMERICA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 99

TABLE 87 US: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 100

TABLE 88 US: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 100

TABLE 89 US: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 101

TABLE 90 US: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 101

TABLE 91 US: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 102

TABLE 92 US: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 102

TABLE 93 US: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 103

TABLE 94 US: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 103

TABLE 95 US: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 104

TABLE 96 US: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 104

TABLE 97 CANADA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 105

TABLE 98 CANADA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 105

TABLE 99 CANADA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 106

TABLE 100 CANADA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 106

TABLE 101 CANADA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 107

TABLE 102 CANADA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 107

TABLE 103 CANADA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 108

TABLE 104 CANADA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 108

TABLE 105 CANADA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 109

TABLE 106 CANADA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 109

TABLE 107 EUROPE: METAL CASTING MARKET, BY COUNTRY, 2022-2030 (USD MILLION) 110

TABLE 108 EUROPE: METAL CASTING MARKET, BY COUNTRY, 2022-2030 (KILO TONS) 111

TABLE 109 EUROPE: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 111

TABLE 110 EUROPE: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 112

TABLE 111 EUROPE: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 112

TABLE 112 EUROPE: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 113

TABLE 113 EUROPE: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 113

TABLE 114 EUROPE: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 114

TABLE 115 EUROPE: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 114

TABLE 116 EUROPE: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 115

TABLE 117 EUROPE: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 115

TABLE 118 EUROPE: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 116

TABLE 119 GERMANY: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 116

TABLE 120 GERMANY: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 117

TABLE 121 GERMANY: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 117

TABLE 122 GERMANY: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 118

TABLE 123 GERMANY: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 118

TABLE 124 GERMANY: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 119

TABLE 125 GERMANY: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 119

TABLE 126 GERMANY: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 120

TABLE 127 GERMANY: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 120

TABLE 128 GERMANY: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 121

TABLE 129 UK: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 121

TABLE 130 UK: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 122

TABLE 131 UK: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 122

TABLE 132 UK: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 123

TABLE 133 UK: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 123

TABLE 134 UK: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 124

TABLE 135 UK: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 124

TABLE 136 UK: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 125

TABLE 137 UK: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 125

TABLE 138 UK: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 126

TABLE 139 FRANCE: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 126

TABLE 140 FRANCE: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 127

TABLE 141 FRANCE: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 127

TABLE 142 FRANCE: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 128

TABLE 143 FRANCE: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 128

TABLE 144 FRANCE: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 129

TABLE 145 FRANCE: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 129

TABLE 146 FRANCE: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 130

TABLE 147 FRANCE: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 130

TABLE 148 FRANCE: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 131

TABLE 149 SPAIN: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 131

TABLE 150 SPAIN: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 132

TABLE 151 SPAIN: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 132

TABLE 152 SPAIN: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 133

TABLE 153 SPAIN: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 133

TABLE 154 SPAIN: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 134

TABLE 155 SPAIN: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 134

TABLE 156 SPAIN: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 135

TABLE 157 SPAIN: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 135

TABLE 158 SPAIN: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 136

TABLE 159 ITALY: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 136

TABLE 160 ITALY: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 137

TABLE 161 ITALY: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 137

TABLE 162 ITALY: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 138

TABLE 163 ITALY: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 138

TABLE 164 ITALY: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 139

TABLE 165 ITALY: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 139

TABLE 166 ITALY: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 140

TABLE 167 ITALY: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 140

TABLE 168 ITALY: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 141

TABLE 169 RUSSIA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 141

TABLE 170 RUSSIA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 142

TABLE 171 RUSSIA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 142

TABLE 172 RUSSIA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 143

TABLE 173 RUSSIA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 143

TABLE 174 RUSSIA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 144

TABLE 175 RUSSIA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 144

TABLE 176 RUSSIA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 145

TABLE 177 RUSSIA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 145

TABLE 178 RUSSIA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 146

TABLE 179 REST OF EUROPE: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 146

TABLE 180 REST OF EUROPE: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 147

TABLE 181 REST OF EUROPE: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 147

TABLE 182 REST OF EUROPE: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 148

TABLE 183 REST OF EUROPE: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 148

TABLE 184 REST OF EUROPE: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 149

TABLE 185 REST OF EUROPE: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 149

TABLE 186 REST OF EUROPE: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 150

TABLE 187 REST OF EUROPE: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 150

TABLE 188 REST OF EUROPE: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 151

TABLE 189 ASIA-PACIFIC: METAL CASTING MARKET, BY COUNTRY, 2022-2030 (USD MILLION) 152

TABLE 190 ASIA-PACIFIC: METAL CASTING MARKET, BY COUNTRY, 2022-2030 (KILO TONS) 153

TABLE 191 ASIA-PACIFIC: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 153

TABLE 192 ASIA-PACIFIC: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 154

TABLE 193 ASIA-PACIFIC: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 154

TABLE 194 ASIA-PACIFIC: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 155

TABLE 195 ASIA-PACIFIC: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 155

TABLE 196 ASIA-PACIFIC: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 156

TABLE 197 ASIA-PACIFIC: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 156

TABLE 198 ASIA-PACIFIC: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 157

TABLE 199 ASIA-PACIFIC: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 157

TABLE 200 ASIA-PACIFIC: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 158

TABLE 201 CHINA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 158

TABLE 202 CHINA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 159

TABLE 203 CHINA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 159

TABLE 204 CHINA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 160

TABLE 205 CHINA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 160

TABLE 206 CHINA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 161

TABLE 207 CHINA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 161

TABLE 208 CHINA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 162

TABLE 209 CHINA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 162

TABLE 210 CHINA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 163

TABLE 211 JAPAN: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 163

TABLE 212 JAPAN: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 164

TABLE 213 JAPAN: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 164

TABLE 214 JAPAN: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 165

TABLE 215 JAPAN: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 165

TABLE 216 JAPAN: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 166

TABLE 217 JAPAN: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 166

TABLE 218 JAPAN: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 167

TABLE 219 JAPAN: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 167

TABLE 220 JAPAN: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 168

TABLE 221 INDIA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 168

TABLE 222 INDIA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 169

TABLE 223 INDIA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 169

TABLE 224 INDIA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 170

TABLE 225 INDIA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 170

TABLE 226 INDIA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 171

TABLE 227 INDIA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 171

TABLE 228 INDIA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 172

TABLE 229 INDIA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 172

TABLE 230 INDIA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 173

TABLE 231 SOUTH KOREA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 173

TABLE 232 SOUTH KOREA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 174

TABLE 233 SOUTH KOREA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 174

TABLE 234 SOUTH KOREA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 175

TABLE 235 SOUTH KOREA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 175

TABLE 236 SOUTH KOREA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 176

TABLE 237 SOUTH KOREA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 176

TABLE 238 SOUTH KOREA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 177

TABLE 239 SOUTH KOREA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 177

TABLE 240 SOUTH KOREA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 178

TABLE 241 AUSTRALIA & NEW ZEALAND: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 178

TABLE 242 AUSTRALIA & NEW ZEALAND: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 179

TABLE 243 AUSTRALIA & NEW ZEALAND: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 179

TABLE 244 AUSTRALIA & NEW ZEALAND: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 180

TABLE 245 AUSTRALIA & NEW ZEALAND: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 180

TABLE 246 AUSTRALIA & NEW ZEALAND: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 181

TABLE 247 AUSTRALIA & NEW ZEALAND: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 181

TABLE 248 AUSTRALIA & NEW ZEALAND: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 182

TABLE 249 AUSTRALIA & NEW ZEALAND: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 182

TABLE 250 AUSTRALIA & NEW ZEALAND: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 183

TABLE 251 REST OF ASIA-PACIFIC: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 183

TABLE 252 REST OF ASIA-PACIFIC: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 184

TABLE 253 REST OF ASIA-PACIFIC: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 184

TABLE 254 REST OF ASIA-PACIFIC: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 185

TABLE 255 REST OF ASIA-PACIFIC: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 185

TABLE 256 REST OF ASIA-PACIFIC: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 186

TABLE 257 REST OF ASIA-PACIFIC: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 186

TABLE 258 REST OF ASIA-PACIFIC: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 187

TABLE 259 REST OF ASIA-PACIFIC: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 187

TABLE 260 REST OF ASIA-PACIFIC: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 188

TABLE 261 LATIN AMERICA: METAL CASTING MARKET, BY COUNTRY, 2022-2030 (USD MILLION) 189

TABLE 262 LATIN AMERICA: METAL CASTING MARKET, BY COUNTRY, 2022-2030 (KILO TONS) 190

TABLE 263 LATIN AMERICA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 190

TABLE 264 LATIN AMERICA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 191

TABLE 265 LATIN AMERICA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 191

TABLE 266 LATIN AMERICA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 192

TABLE 267 LATIN AMERICA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 192

TABLE 268 LATIN AMERICA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 193

TABLE 269 LATIN AMERICA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 193

TABLE 270 LATIN AMERICA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 194

TABLE 271 LATIN AMERICA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 194

TABLE 272 LATIN AMERICA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 195

TABLE 273 BRAZIL: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 195

TABLE 274 BRAZIL: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 196

TABLE 275 BRAZIL: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 196

TABLE 276 BRAZIL: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 197

TABLE 277 BRAZIL: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 197

TABLE 278 BRAZIL: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 198

TABLE 279 BRAZIL: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 198

TABLE 280 BRAZIL: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 199

TABLE 281 BRAZIL: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 199

TABLE 282 BRAZIL: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 200

TABLE 283 MEXICO: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 200

TABLE 284 MEXICO: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 201

TABLE 285 MEXICO: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 201

TABLE 286 MEXICO: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 202

TABLE 287 MEXICO: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 202

TABLE 288 MEXICO: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 203

TABLE 289 MEXICO: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 203

TABLE 290 MEXICO: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 204

TABLE 291 MEXICO: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 204

TABLE 292 MEXICO: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 205

TABLE 293 ARGENTINA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 205

TABLE 294 ARGENTINA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 206

TABLE 295 ARGENTINA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 206

TABLE 296 ARGENTINA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 207

TABLE 297 ARGENTINA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 207

TABLE 298 ARGENTINA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 208

TABLE 299 ARGENTINA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 208

TABLE 300 ARGENTINA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 209

TABLE 301 ARGENTINA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 209

TABLE 302 ARGENTINA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 210

TABLE 303 REST OF LATIN AMERICA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 210

TABLE 304 REST OF LATIN AMERICA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 211

TABLE 305 REST OF LATIN AMERICA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 211

TABLE 306 REST OF LATIN AMERICA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 212

TABLE 307 REST OF LATIN AMERICA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 212

TABLE 308 REST OF LATIN AMERICA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 213

TABLE 309 REST OF LATIN AMERICA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 213

TABLE 310 REST OF LATIN AMERICA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 214

TABLE 311 REST OF LATIN AMERICA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 214

TABLE 312 REST OF LATIN AMERICA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 215

TABLE 313 MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY COUNTRY, 2022-2030 (USD MILLION) 216

TABLE 314 MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY COUNTRY, 2022-2030 (KILO TONS) 217

TABLE 315 MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 217

TABLE 316 MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 218

TABLE 317 MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 218

TABLE 318 MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 219

TABLE 319 MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 219

TABLE 320 MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 220

TABLE 321 MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 220

TABLE 322 MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 221

TABLE 323 MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 221

TABLE 324 MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 222

TABLE 325 GCC COUNTRIES: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 222

TABLE 326 GCC COUNTRIES: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 223

TABLE 327 GCC COUNTRIES: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 223

TABLE 328 GCC COUNTRIES: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 224

TABLE 329 GCC COUNTRIES: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 224

TABLE 330 GCC COUNTRIES: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 225

TABLE 331 GCC COUNTRIES: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 225

TABLE 332 GCC COUNTRIES: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 226

TABLE 333 GCC COUNTRIES: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 226

TABLE 334 GCC COUNTRIES: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 227

TABLE 335 SOUTH AFRICA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 227

TABLE 336 SOUTH AFRICA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 228

TABLE 337 SOUTH AFRICA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 228

TABLE 338 SOUTH AFRICA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 229

TABLE 339 SOUTH AFRICA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 229

TABLE 340 SOUTH AFRICA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 230

TABLE 341 SOUTH AFRICA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 230

TABLE 342 SOUTH AFRICA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 231

TABLE 343 SOUTH AFRICA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 231

TABLE 344 SOUTH AFRICA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 232

TABLE 345 TURKEY: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 232

TABLE 346 TURKEY: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 233

TABLE 347 TURKEY: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 233

TABLE 348 TURKEY: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 234

TABLE 349 TURKEY: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 234

TABLE 350 TURKEY: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 235

TABLE 351 TURKEY: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION) 235

TABLE 352 TURKEY: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS) 236

TABLE 353 TURKEY: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 236

TABLE 354 TURKEY: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 237

TABLE 355 REST OF THE MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION) 237

TABLE 356 REST OF THE MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS) 238

TABLE 357 REST OF THE MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION) 238

TABLE 358 REST OF THE MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS) 239

TABLE 359 REST OF THE MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION) 239

TABLE 360 REST OF THE MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS) 240

TABLE 361 REST OF THE MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION,

2022-2030 (USD MILLION) 240

TABLE 362 REST OF THE MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION,

2022-2030 (KILO TONS) 241

TABLE 363 REST OF THE MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION) 241

TABLE 364 REST OF THE MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS) 242

TABLE 365 KEY DEVELOPMENTS 244

TABLE 366 ENDURANCE TECHNOLOGIES LIMITED: PRODUCTS OFFERED 248

TABLE 367 ENDURANCE TECHNOLOGIES LIMITED: KEY DEVELOPMENTS 248

TABLE 368 GF CASTING SOLUTIONS AG: PRODUCTS OFFERED 251

TABLE 369 GF CASTING SOLUTIONS AG: KEY DEVELOPMENTS 252

TABLE 370 RYOBI LIMITED: PRODUCTS OFFERED 255

TABLE 371 RYOBI LIMITED: KEY DEVELOPMENTS 256

TABLE 372 DYNACAST: PRODUCTS OFFERED 257

TABLE 373 DYNACAST: KEY DEVELOPMENTS 259

TABLE 374 PRECISION CASTPARTS CORP: PRODUCTS OFFERED 261

TABLE 375 GIBBS: PRODUCTS OFFERED 263

TABLE 376 ALCAST TECHNOLOGIES: PRODUCTS OFFERED 266

TABLE 377 AHRESTY WILMINGTON CORPORATION: PRODUCTS OFFERED 268

TABLE 378 FORCEBEYOND: PRODUCTS OFFERED 270

TABLE 379 RELIANCE FOUNDRY CO. LTD: PRODUCTS OFFERED 273

LIST OF FIGURES

FIGURE 1 MARKET SYNOPSIS 22

FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL METAL CASTING MARKET, 2020 23

FIGURE 3 GLOBAL METAL CASTING MARKET ANALYSIS BY MATERIAL TYPE 24

FIGURE 4 GLOBAL METAL CASTING MARKET ANALYSIS BY PROCESS TYPE 25

FIGURE 5 GLOBAL METAL CASTING MARKET ANALYSIS BY END USE INDUSTRY 26

FIGURE 6 GLOBAL METAL CASTING MARKET ANALYSIS BY REGION 27

FIGURE 7 GLOBAL METAL CASTING MARKET: MARKET STRUCTURE 29

FIGURE 8 RESEARCH PROCESS OF MRFR 30

FIGURE 9 MARKET DYNAMICS OVERVIEW 36

FIGURE 10 DRIVERS IMPACT ANALYSIS 38

FIGURE 11 RESTRAINTS IMPACT ANALYSIS 39

FIGURE 12 GLOBAL ELECTRIC PASSENGER CAR STOCK, 2015–2020 41

FIGURE 13 SUPPLY CHAIN ANALYSIS FOR GLOBAL METAL CASTING MARKET 43

FIGURE 14 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL METAL CASTING MARKET 45

FIGURE 15 GLOBAL METAL CASTING MARKET, BY MATERIAL TYPE, 2019 TO 2030 (USD MILLION) 49

FIGURE 16 GLOBAL METAL CASTING MARKET, BY MATERIAL TYPE, 2019 TO 2030 (KILO TONS) 50

FIGURE 17 GLOBAL METAL CASTING MARKET, BY PROCESS TYPE, 2019 TO 2030 (USD MILLION) 60

FIGURE 18 GLOBAL METAL CASTING MARKET, BY PROCESS TYPE, 2019 TO 2030 (KILO TONS) 61

FIGURE 19 GLOBAL METAL CASTING MARKET, BY END-USE INDUSTRY, 2019 TO 2030 (USD MILLION) 70

FIGURE 20 GLOBAL METAL CASTING MARKET, BY END-USE INDUSTRY, 2019 TO 2030 (KILO TONS) 71

FIGURE 21 GLOBAL METAL CASTING MARKET, BY REGION, 2022-2030 (USD MILLION) 91

FIGURE 22 GLOBAL METAL CASTING MARKET, BY REGION, 2022-2030 (KILO TONS) 92

FIGURE 23 NORTH AMERICA: METAL CASTING MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 94

FIGURE 24 EUROPE: METAL CASTING MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 110

FIGURE 25 ASIA-PACIFIC: METAL CASTING MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 152

FIGURE 26 LATIN AMERICA: METAL CASTING MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 189

FIGURE 27 MIDDLE EAST & AFRICA: METAL CASTING MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 216

FIGURE 28 COMPETITIVE BENCHMARKING 245

FIGURE 29 ENDURANCE TECHNOLOGIES LIMITED: FINANCIAL OVERVIEW SNAPSHOT 247

FIGURE 30 ENDURANCE TECHNOLOGIES LIMITED: SWOT ANALYSIS 249

FIGURE 31 GF CASTING SOLUTIONS AG: FINANCIAL OVERVIEW SNAPSHOT 250

FIGURE 32 GF CASTING SOLUTIONS AG: SWOT ANALYSIS 253

FIGURE 33 RYOBI LIMITED: FINANCIAL OVERVIEW SNAPSHOT 255

FIGURE 34 RYOBI LIMITED: SWOT ANALYSIS 256

FIGURE 35 DYNACAST: SWOT ANALYSIS 259

FIGURE 36 PRECISION CASTPARTS CORP: SWOT ANALYSIS 262

FIGURE 37 GIBBS: SWOT ANALYSIS 265

FIGURE 38 ALCAST TECHNOLOGIES: SWOT ANALYSIS 267

FIGURE 39 AHRESTY WILMINGTON CORPORATION: SWOT ANALYSIS 269

FIGURE 40 FORCEBEYOND: SWOT ANALYSIS 272

FIGURE 41 RELIANCE FOUNDRY CO. LTD: SWOT ANALYSIS 274

1 EXECUTIVE SUMMARY

The global metal casting market is projected to register healthy growth during the forecast period, 2022-2030. The market was valued at USD 2,52,817.33 million in 2020 and is projected to register a CAGR of 7.8% to reach USD 5,19,103.59 million by the end of 2030. In terms of volume, the market was sized at 1,01,430.00 kilo tons in 2020 and is likely to exhibit a CAGR of 6.5% to reach 1,85,431.66 kilotons by the end of 2030. A prominent factor driving the growth of the global market is the rising demand for aluminum and magnesium in the manufacturing of cast products in the automotive and building and construction industries. Aluminum offers superior properties such as high strength to weight ratio, lightweight, corrosion resistance, ductility, recyclability, and electrical and thermal conductivity, driving the demand for aluminum in the automotive industry for manufacturing lightweight automotive components. With the rising concern of global warming on account of the increasing emissions from automobiles, the need for light-weighting is growing rapidly. This is expected to boost the demand for aluminum in the automotive industry and, hence, favor the global market's growth in the years to follow. Likewise, increasing use of stainless steel and cast iron in the building and construction industry in various applications, including a stiff frame, roofing, purlins, ceilings, cladding, railway tracks, and underground pipelines, are projected to propel the market growth during the review period. Furthermore, the increasing adoption of electric vehicles and electric buses to transform urban public transport is projected to create lucrative opportunities for players operating in the global metal casting market.

However, due to the high cost associated with the manufacturing of die-cast products, the preference for the alternative manufacturing process and metal extrusion is growing. This is expected to be a key factor restraining the growth of the global market during the review period.

According to MRFR analysis, the global metal casting market has been segmented based on material type, process, end use industry, and region. Based on material type, the global market has been divided into cast iron, aluminum, stainless steel, zinc, magnesium, carbon steel, high steel alloy steel, and others. The cast iron segment accounted for the largest share of 51.07% in 2020 due to their growing applications in the automotive sector. The segment was valued at USD 129,113.70 million in 2020; it is expected to register a CAGR of 7.4% to reach USD 256,131.49 million by the end of 2030. In terms of volume, the segment was sized at 52,568.30 kilo tons in 2020 and is projected to exhibit a CAGR of 6.1% to reach 92,951.97 kilo tons by the end of 2030.

By process type, the global metal casting market has been classified into sand casting, die casting, shell mold casting, gravity casting, vacuum casting, investment casting, others. The sand casting segment dominated the global metal casting market with a share of 49.35% by value in 2020 due to their growth across the region, especially across the Asia-Pacific region. The segment was valued at USD 124,756.86 million in 2020; it is expected to register a CAGR of 8.0% to reach USD 262,745.74 million by the end of 2030. In terms of volume, the segment was sized at 51,862.31 kilo tons in 2020 and is projected to exhibit a CAGR of 6.8% to reach 97,362.37 kilo tons by the end of 2030.

BY end use industry, the global metal casting market has been classified into automotive & transportation, building & construction, mining, equipment & machine, consumer goods, and others. The automotive & transportation segment dominated the global metal casting market with a share of 40.98% by value in 2020 due to their wide range of application in automotive sector.

The market in Asia-Pacific held the largest share of 56.63% in 2020. The dominance of the regional market is mainly attributed to the significant growth of major end-use industries including automotive and building and construction in the region. China is expected to be the leading market in the region in terms of consumption, owing to the large automotive base in the country as well as low energy cost and availability of skilled labors. The Asia-Pacific market is projected to register the highest CAGR of 8.2% to reach USD 305,171.55 billion by the end of 2030.

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FIGURE 1 MARKET SYNOPSIS

Source: MRFR Analysis

1.1 MARKET ATTRACTIVENESS ANALYSIS

FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL METAL CASTING MARKET, 2020

Source: MRFR Analysis

1.1.1 GLOBAL METAL CASTING MARKET, BY MATERIAL TYPE

FIGURE 3 GLOBAL METAL CASTING MARKET ANALYSIS BY MATERIAL TYPE

Source: MRFR Analysis

1.1.2 GLOBAL METAL CASTING MARKET, BY PROCESS TYPE

FIGURE 4 GLOBAL METAL CASTING MARKET ANALYSIS BY PROCESS TYPE

Source: MRFR Analysis

1.1.3 GLOBAL METAL CASTING MARKET, BY END USE INDUSTRY

FIGURE 5 GLOBAL METAL CASTING MARKET ANALYSIS BY END USE INDUSTRY

Source: MRFR Analysis

1.1.4 GLOBAL METAL CASTING MARKET, BY REGION

FIGURE 6 GLOBAL METAL CASTING MARKET ANALYSIS BY REGION

Source: MRFR Analysis

2 MARKET INTRODUCTION

2.1 DEFINITION

Metal casting is a manufacturing process wherein the molten or liquid metal is poured into a mold made of sand, metal, or ceramics to form geometrically complex parts or components. Metal cast products are majorly used in industry sectors, including automotive, building and construction, mining, and heavy equipment, wherein the automotive industry is the major consumer. The major types of metals used in metal casting include grey iron, ductile iron, aluminum, stainless steel, magnesium, zinc, and copper alloy.

2.2 SCOPE OF THE STUDY

 To provide a detailed analysis of the market structure along with the forecast for the next six years of various segments of the global metal casting market

 To provide insights about factors affecting the market growth

 To analyze the global metal casting market based on various tools, such as supply chain analysis and Porter’s Five Force analysis

 To provide historical and forecast revenue of the market segments with respect to regions and their respective key countries

 To provide country-level analysis of the market with respect to the current market size and future prospective

 To provide country-level analysis of the market for segments by material type, process type, end use, and region

 To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market

 To track and analyze competitive developments, such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global metal casting market

2.3 MARKET STRUCTURE

FIGURE 7 GLOBAL METAL CASTING MARKET: MARKET STRUCTURE

Source: MRFR Analysis

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS

Market Research Future research is conducted by industry experts who offer insight into industry structure, market segmentation, technology assessment, competitive landscape (CL), penetration, as well as on emerging trends. Besides primary interviews (~80%) and secondary research (~20%), their analysis is based on their years of professional expertise in their respective industries. Our analysts also predict where the market will be headed in the next five to ten years by analyzing historical trends and current market positions. Furthermore, the varying trends of segments & categories geographically presented are studied and are estimated based on primary & secondary research.

FIGURE 8 RESEARCH PROCESS OF MRFR

Source: MRFR Analysis

3.2 PRIMARY RESEARCH

Extensive primary research was conducted to gain a more in-depth insight into the market and industry performance. In this particular report, we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players who are active in the market. In addition to analyzing the current and historical trends, our analysts predict where the market is headed over the next five to ten years.

3.3 SECONDARY RESEARCH

Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and commercial study of the global metal casting market. It was also used to obtain key information about major players, market classification, and segmentation according to the industry trends, geographical markets, & developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, SEC filings, journals, white papers, corporate presentations, company websites, an international organization of chemical manufacturers, some paid databases, and many others.

3.4 MARKET SIZE ESTIMATION

Both top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent submarkets of the overall metal casting market. The key players in the market were identified through secondary research, and their market contributions in the respective geographies were determined through primary and secondary research. This entire procedure included the study of the annual and financial reports of top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market have been covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data has been consolidated and added with detailed inputs and analysis from market research future and has been presented in this report. The following figure shows an illustrative representation of the overall market size estimation process employed for the purpose of this study

3.5 TOP-DOWN AND BOTTOM-UP APPROACH

Source: MRFR Analysis

3.6 FORECAST MODEL

Source: MRFR Analysis

3.7 LIST OF ASSUMPTIONS & LIMITATIONS

TABLE 1 LIST OF ASSUMPTIONS & LIMITATIONS

Parameter Assumption & Limitations

Currency value All the forecasts are done with the revenue and volume calculated under the standard assumption that the globally accepted currency - the US Dollar's value remains constant over the next five years.

Exchange rates and currency For conversion of various currencies to USD, average historical exchange rates were used according to the year specified. For all historical and current exchange rates required for calculations & currency conversions - OANDA - website was used.

Conversion

Niche market segments For niche market segments where accurate data of the respective timeline was not available, the data was calculated using trend line analysis. In some instances, where mathematical and statistical models could not be applied to arrive at the number, generalization of specific related trends to that particular market was done

Qualitative analysis The qualitative analysis done from the quantitative data arrived at is solely based on the understanding of the market and its trends by the team of experts involved in making this report.

Average Selling Prices (ASP) The ASPs, wherever applied, are calculated using all kinds of suitable statistical and mathematical methods and considering external qualitative factors affecting the prices. All the calculations interconnected between the tables are done considering the finalized ASPs.

Source: MRFR Analysis

4 MARKET DYNAMICS

4.1 INTRODUCTION

The growth of the global metal casting market is driven by the increasing demand for metals such as aluminum and magnesium in the major end-use industries such as automotive, aerospace & defense, and building & construction, primarily automotive. The increasing automobile production on account of the increasing demand for electric and hybrid vehicles is driving the growth of the automotive industry and, thus, metal casting. With the increase in residential and non-residential construction activities, the demand for metals such as steel and aluminum is likely to increase in the construction industry. The increasing adoption of electric vehicles and electric buses to transform urban public transport is projected to create lucrative opportunities for the players operating in the global metal casting market. Furthermore, the increasing use of 3D printed patterns and molds in the metal casting process is one of the prominent trends noticed in the market. However, the increasing preference for alternative processes is likely to hamper the global market growth.

FIGURE 9 MARKET DYNAMICS OVERVIEW

Source: MRFR Analysis

4.2 DRIVERS

4.2.1 INCREASING DEMAND FOR ALUMINUM IN THE AUTOMOTIVE INDUSTRY

The growth of the global metal casting market is driven by the increasing demand for metals such as aluminum and magnesium in the major end-use industries such as automotive, aerospace & defense, and building & construction, primarily automotive. The demand for aluminum is growing at a significant rate owing to its superior properties such as high strength to weight ratio, lightweight, ductility, corrosion resistance, recyclability, and electrical and thermal conductivity. Aluminum is widely used in manufacturing engine and powertrain castings and body structures, back trunks, doors, shock towers, cross members, bumpers, and body extrusions of cars.

The increasing use of aluminum in automobiles on account of the surge in demand for lightweight and fuel-efficient vehicles to reduce carbon emissions is expected to boost the global market growth during the forecast period. Aluminum is also used to manufacture other parts of automobile components such as heat exchangers, wheels, heads, blocks, and hoods. It helps reduce carbon emissions and boost fuel economy, thus enhancing vehicle performance. The increasing automobile production in the developing economies on account of increased spending coupled with rising per capita disposable income of consumers is driving the growth of the automotive industry, which is likely to fuel the demand for aluminum.

Additionally, increasing environmental regulations and emission targets set by the regulatory authorities such as the European Union (EU) and US Environmental Protection Agency (EPA) to curb carbon emissions have increased the production of lightweight, hybrid, and electric vehicles, which has fueled the demand for aluminum at a significant rate. As of 2019, according to the European Aluminium, a European car on average uses around 179 kg of aluminum. This is expected to increase to 198.8 kg by 2025. In the US, the average aluminum content in cars is expected to increase from 180 kg in 2016 to around 235 kg in 2025.

The key automobile manufacturers such as Nissan, Hyundai, Volkswagen AG, Kia, and Tesla are focusing on manufacturing electric and plug-in vehicles to meet the emission standards. For instance, in November 2021, Nissan will deliver exciting, electrified vehicles and several technological innovations to empower society and build a smart ecosystem with integrated mobility. Also, the company plans to expand its business globally with a vision to become carbon neutral across the life cycle of its innovative product by the end of 2050. Thus, the increasing production and sale of automobiles are driving the growth of the automotive industry. The industry's growth is expected to fuel the demand for different metals, particularly aluminum, which is expected to fuel the growth of the global metal casting market during the review period.

4.2.2 GROWTH OF THE MAJOR END-USE INDUSTRIES

The growth of the major end-use industries such as automotive, building & construction, aerospace & defense, and electrical & electronics is driving the demand for metals, and thus metal casting. Although the demand for aluminum is increasing substantially in the automotive industry, the demand for magnesium is also likely to increase in the coming years due to its light weighting property. Also, with the development of advanced high-strength steel, the demand for steel is also growing in the automotive industry. Hence, the increasing use of metals in the automotive industry to manufacture different automobile components is likely to boost the growth of the global metal casting market.

With the increase in residential and non-residential construction activities, the demand for metals such as steel and aluminum is likely to increase in the construction industry. Steel is primarily used due to its strength, versatility, and durability in applications such as stiff frame, roofing, purlins, ceilings, cladding, heating & cooling equipment, shelving, stairs for buildings, and rebar, plates, railway tracks, and underground pipelines. On the other hand, aluminum finds application in windows, roofing, cladding, curtain walling & structural glazing, prefabricated buildings, shop fittings, and partitions. The expanding construction industry in developing nations such as India, China, Thailand, and Indonesia due to rising residential construction coupled with population growth and increasing per capita disposable income is expected to fuel the demand for metals and, consequently, metal casting. Increasing investments by governments in commercial construction for infrastructure development in various countries such as Thailand, Indonesia, and Malaysia are also likely to drive the demand for steel and aluminum, which is expected to propel the growth of the metal casting market in the coming years. In terms of revenue, the global market is estimated to be USD 4.5 trillion in 2020 and is expected to reach USD 15.2 trillion over the forthcoming year.

The global aerospace and defense industry is witnessing healthy growth on account of increasing aircraft production and higher defense spending, mainly in the UAE, Saudi Arabia, India, China, and Russia. China is the second-largest and fastest-growing civil aerospace and aviation service across the globe. Although aluminum is widely used in the manufacturing of aircraft components, the usage of stainless steel has recently increased due to its properties such as high strength, corrosion resistance, and temperature resistance.

Furthermore, the electrical and electronics industry with increased spending on consumer electronics is expected to witness significant growth during the review period. A variety of metals such as aluminum, copper, and nickel are widely used in the industry, which is expected to boost the demand for metal casting.

Thus, the growth of the aforementioned end-use industries is projected to boost the demand for metals and fuel the growth of the global metal casting market during the forecast period.

FIGURE 10 DRIVERS IMPACT ANALYSIS

Source: MRFR Analysis

4.3 RESTRAINTS

4.3.1 INCREASING PREFERENCE FOR ALTERNATIVE PROCESSES

Among various processes used in metal casting, die casting is one of the most widely used methods for manufacturing metal products. The die casting process is energy-intensive and can be cost-effective only when there is significant volume production of die-cast components. However, the process involves huge capital costs for tools, dies, and energy consumed during the process. The costs associated with the dies and tools can be compensated by manufacturing at least 5,000–10,000 castings per year.

The most energy-intensive process in die casting is the melting and holding of the metal, which accounts for approximately 55% of the overall energy cost. In 2019, the energy cost of manufacturing automotive die casting was around USD 0.17/lb. In addition, the high cost of tools and dies limits high volume production. Also, using this process may result in internal porosity, unintentional surface voids, and other imperfections. This has resulted in shifting preference towards metal extruded products, which offer stiffness similar to metal-cast products but with higher ductility and low tooling cost. Also, the metal extrusion process is more effective for manufacturing long and straight metal parts such as L-shapes, T-shapes, tubes, and rectangular shapes than the metal casting process.

Furthermore, HPDC (high pressure die casting) process is a type of die costing process which are also used for die casting. It requires some disciplines and competencies to run the HPDC design and production, such as multidisciplinary R&D activities for automation, metallurgy, heat transfer, furnace, machine design, and construction.

Moreover, growing innovation and increasing investments in die casting technologies by various market players to set up manufacturing plants in Asia. Major automobile companies and OEMs are focusing on design, die casting, and automotive production owing to the low labor and production costs in Asia can hamper the market growth.

Thus, the growing preference for die casting is expected to restrain the global market growth during the review period.

FIGURE 11 RESTRAINTS IMPACT ANALYSIS

Source: MRFR Analysis

4.4 OPPORTUNITIES

4.4.1 GROWING PREFERENCE FOR ELECTRIC VEHICLES

Aluminum is extensively used in the manufacturing of components used in electric vehicles, such as battery housings, E-drivers, inverters, brake components, and charging stations. Besides, the automobile components made using metals such as aluminum, magnesium, and advanced high strength steel are being preferred for application in electric vehicles owing to their lightweight, which enhances the battery performance for the long run and thus, increases the driving range. This range can be defined as the theoretical maximum distance drivable in 24 hours with optimal driving and recharging.

The growing electromobility in developing economies, especially in India and South-East Asia, with the rising production and sale of electric vehicles, is likely to fuel the demand for lightweight metals such as aluminum and magnesium at a significant rate in the coming years. The increasing government support to increase the production of electric vehicles in South-East Asia is likely to add to the market growth in the coming years. For instance, in June 2018, the Government of Thailand signed a letter of intent with the Japan External Trade Organization (Jetro) to encourage the manufacturing of electric vehicles in Thailand. Also, FOMM (Asia) Co., Ltd, a Japanese manufacturer of four-seater electric vehicles, has planned to manufacture its first four-seat compact electric vehicle in Thailand. Moreover, in India, the limit of the adjusted-for-curb-weight corporate average fuel efficiency of carbon dioxide per kilometer is reduced from 138 g to 113 g, applicable by 2022. Automobile manufacturers such as Maruti and Honda are focusing on increasing the production of hybrid vehicles. Also, in March 2019, the Indian government approved Faster Adoption and Manufacturing of Electric Vehicles in India Phase II scheme to promote the manufacturing of electric vehicles in India and proposed to grant incentives to the manufacturers and also provide subsidies of up to USD 1.27 billion to the buyers. In Malaysia, around 5,403 electric vehicles and 46,981 plug-in hybrid vehicles were registered as of 31 March 2019. In the same line, in December 2020, the Greek state investment and trade promotion agency had signed an agreement with German manufacturer Next.e.GO Mobile SE, to establish an electric vehicle full-scale manufacturing facility in Greece.

Additionally, the proposed investment in electric vehicles by the automotive giants such as Volkswagen and BMW are likely to drive the demand for lightweight metals. For instance, in 2017, Volkswagen proposed to invest around USD 24 billion in the manufacturing of zero-emission vehicles by 2030 and roll out 80 new EV models across its multi-brand group by 2025 and offer an electric version to each of its 300 group models by 2030. Also, BMW proposed to roll around 12 battery-powered models by 2025. Thus, the growing electromobility across the globe is expected to create lucrative opportunities for the players operating in the global metal casting market during the review period.

FIGURE 12 GLOBAL ELECTRIC PASSENGER CAR STOCK, 2015–2020

Source: IEA Organisation and MRFR Analysis

4.4.2 INCREASING ADOPTION OF ELECTRIC BUSES TO TRANSFORM PUBLIC TRANSPORT

Moreover, increasing adoption of electric buses primarily in Europe, the US, and China to transform public transport is likely to create lucrative opportunities for the market players. According to the China Bus Statistics Information Union, around 55,658 new energy buses were sold in the first three quarters of 2018. The electric bus market in Europe is likely to grow significantly due to the increasing demand in the region to reduce carbon emissions. The European Commission approved around USD 78.36 million in 2018 to promote the purchase of electric buses in Germany and further proposed to provide an additional USD 341 million in March 2020. Also, in 2018, VDL Bus & Coach supplied 100 electric buses to Connexxion for the Amstelland Meerlanden concession in Amsterdam, Europe, making it the world's largest electric bus fleet. In addition, VDL Bus & Coach will supply 102 Citeas to Oslo South in 2021, making it Europe's largest electric bus fleet. Furthermore, roughly 10% of the Dutch fleet will be electrified by 2020.

Some of the key developments noticed in the European Electric Bus market include the supply of around 100 electric buses by the Netherland-based bus manufacturers, VDL Bus & Coach to Connexxion (part of Transdev) for the Amstelland Meerlanden concession. Also, the company won the contract for the supply of 55 units of electric buses to Rotterdam public transport operator RET. And More than 160 electric buses have struck the streets of Groningen-Drenthe, a new concession in Europe, in 2019. The public transportation company Qbuzz will acquire a huge number of vehicles from three manufacturers: Ebusco will provide 60 e-buses, VDL will provide 43 zero-emission vehicles, and Heuliez Bus will provide another 59. These 162 buses will join the 10 VDL e-buses that are already in operation.

Thus, the growing adoption of electric buses for public transport, mainly in the developed markets, is also expected to create growth opportunities for the players in the global market.

4.4.3 INCREASING FDI IN THE ELECTRICAL AND ELECTRONICS INDUSTRY IN EMERGING ECONOMIES

With the increased spending on consumer electronics and growing digitalization in emerging economies such as India, China, and South-East Asian nations such as Thailand, Vietnam, Singapore, and Indonesia, the electronic manufacturers from developed nations are investing heavily in developing nations. In 2020, FDI from the US accounted for USD 244.9 billion to USD 6.15 trillion by the end of 2020, of which the investments in the manufacturing sector was 20%.

In 2017, an electronics manufacturer New Kinpo Group (Taiwan Province of China), opened a plant in the Philippines by investing around USD 31.5 million and is further planning to invest around USD 31 million to increase the production of electronic components. Also, in 2020, Kobelco Aluminum Products & Extrusions Inc. had announced the expansion of its manufacturing plant with an investment of USD 42 million. The company’s Bowling Green plant will add a melting furnace and extrusion press at its manufacturing site along with 90 jobs. Kobelco makes aluminum extrusion bumpers and frame components for automobiles.

Thus, with the increasing investments in emerging markets by international electronic manufacturers, the demand for aluminum and steel will increase, which in turn is likely to exhibit significant growth opportunities for the players engaged in the metal casting process.

4.5 TRENDS

4.5.1 3D PRINTING TECHNIQUE IS GAINING TRACTION IN THE TRADITIONAL METAL CASTING PROCESS

With certain constraints associated with the metal casting process, primarily the high cost of making mold and the complex manufacturing process, a flexible and efficient casting process has increased. As a result of this, the players involved in the foundry are adopting 3D printing techniques with the traditional metal casting process, eliminating the need to make molds, reducing process steps, and thus making the process more efficient and cost-effective. 3D printing technique enables printing of patterns without making molds and facilitates greater design freedom. The 3D printed casting patterns, sand cores, and molds are being used widely and gaining greater traction.

The 3D printing technique can be used with any existing casting methods, including die casting, investment casting, and sand casting. Typically, a sand casting process embroils an object from molten metal using sand as a mold. After which, the casting design frequently requires cores to be positioned into the mold to make the interior contours of the casting. The process can be shortened by using sand molds and cores directly from 3D CAD (computer-aided design) files.

3D printing technique with casting methods is ideal for highly complex and low-volume casting jobs. Stereolithography, fused deposition modeling, digital light process, multi-jet fusion, polyjet, direct metal laser sintering, and electron beam melting are various types of 3D printing technology. Some commonly used 3D printing technologies include Selective Laser Melting (SLM), Direct Metal Laser Sintering (DMLS), and Binder Jetting.

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS

The supply chain analysis enables the reader to comprehend the steps and stakeholders involved in producing and distributing metal casting. The metal casting supply chain includes raw materials & suppliers, producers, distribution & sales channels, and end use.

FIGURE 13 SUPPLY CHAIN ANALYSIS FOR GLOBAL METAL CASTING MARKET

Source: MRFR Analysis

5.1.1 RAW MATERIAL SUPPLIERS

Raw material procurement is the key to an optimized supply chain; hence, manufacturers maintain an effective supplier–manufacturer relationship through collaborations. The primary raw materials required in metal casting manufacturing include aluminum, steel, zinc, magnesium, and their respective alloys. Some of the leading aluminum suppliers include Dynacast, Al-Hindalco Industries Limited, Ryobi Limited, and PHB Corp, and zinc and its alloys include PHB Corp, Belmont Metals, and Zibo Deyuan Metal Material Co., Ltd.

5.1.2 METAL CASTING PRODUCERS

The global metal casting market comprises a significant number of tier-1, tier-2, and small unorganized players. Some key metal casting manufacturers include Alcast Technologies, Dynacast, ArcelorMittal, POSCO, and Reliance Foundry Co. Ltd. The players operating in the global market are emphasizing business expansion and product launches to meet the growing demand for metals in various end-use industries, including automotive, building & construction, and electrical & electronics.

5.1.3 DISTRIBUTION & SALES CHANNEL

The distribution channel comprises entities involved in the process, such as distributors, wholesalers, retailers, and value-added resellers (VARs) to make the final product available in the market for end-users. The major manufacturers operating in the global metal casting market partner with various distributors across regions to ensure a continuous supply of their metal-casted products worldwide. Additionally, with the growing awareness regarding e-commerce, the manufacturers are selling their products through e-commerce platforms such as Alibaba (China), Amazon (US), and IndiaMART InterMESH Ltd (India).

5.1.4 END USE INDUSTRY

The growth of the global metal casting market is driven by the increasing demand for metals in major end-use industries such as automotive, building & construction, mining, equipment & machine, aerospace & defense, and electrical & electronics. The expanding automotive industry on account of the increased manufacturing of electric and hybrid vehicles is the primary factor driving the growth of the global metal casting market. The use of metal-casted products in end-use industries differs from industry to industry. For instance, in the automotive industry, aluminum is used widely, and in the construction industry, steel is being widely preferred owing to its specific properties. The building and construction industry is also one of the major consumers of metal-cast products on account of rising residential construction coupled with the increased requirement of modern architecture and smart buildings.

5.2 PORTER'S FIVE FORCES ANALYSIS

Michael Porter's Five Forces model offers a framework to study the global metal casting market. Business managers, trying to gain a competitive edge for their brands over peers in the market, can utilize this model to comprehend better the industry in which the firm operates. The components of each of the forces and the degree of impact of each component in the context of the global metal casting market have been broken down and analyzed.

FIGURE 14 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL METAL CASTING MARKET

Source: MRFR Analysis

5.2.1 THREAT OF NEW ENTRANTS

The global metal casting market is expected to witness a moderate threat of new entrants during the review period. Although the metal casting process is complex and capital intensive, with the introduction of 3D printing techniques in the metal casting process, the manufacturing cost of metal-cast products is expected to decline as the 3D printing process eliminates the need of making molds and thus, makes the manufacturing process efficient and cost-effective. Besides, the increasing demand for metals in major end-use industries such as automotive, building & construction, aerospace & defense, and electrical & electronics is likely to incentivize the entry of new players in the global metal casting market.

5.2.2 BARGAINING POWER OF SUPPLIERS

The bargaining power of suppliers is expected to be moderate, as the market is fragmented with organized and unorganized players, and the switching cost to the buyers is also low. However, with the introduction of the 3D printing technique, the players have shifted to 3D printed patterns and molds for producing metal-cast products, which require high capital investment initially but reduce the overall cost of manufacturing casted products. Thus, the players that use 3D printed patterns and molds offer customized casted products at a competitive cost and thus, possess high bargaining power in the market over players using traditional casting processes.

5.2.3 THREAT OF SUBSTITUTES

The threat of substitutes in the global metal casting market is expected to be moderate. Due to certain limitations associated with the metal casting process, such as high capital requirement (cost of tools, dies, and energy consumed during the process), complicated process, internal porosity, unintentional surface voids, and other imperfections, the end users are shifting towards products manufactured using the metal extrusion process. The products manufactured through this process offer stiffness similar to the products manufactured through metal casting but with higher flexibility and involve low tooling cost. Also, the metal extrusion process is more effective for manufacturing long and straight metal parts such as L-shapes, T-shapes, tubes, and rectangular shapes than the metal casting process.

5.2.4 BARGAINING POWER OF BUYERS

The bargaining power of buyers is expected to be moderate as there are numerous choices available for the buyers wherein they can switch easily. However, some players provide customized products made using 3D printed patterns and molds at a competitive cost as compared to other players producing casted products using the traditional method and thus, are likely to have more bargaining power over buyers.

5.2.5 INTENSITY OF RIVALRY

The degree of competition among the existing players in the global market is expected to be moderate. With the increasing demand for metals in major end-use industries globally, the players are likely to expand their production capacities and business presence. Also, the increasing use of 3D printed patterns and molds by the players to manufacture casted products is expected to increase the rivalry among the market players.

5.3 PRICING OVERVIEW, 2019-2021 (USD/TONS)

TABLE 2 PRICING OVERVIEW, BY REGION

Region 2019 2020 2021

North America 2,615.98 2,636.36 2,666.80

Europe 2,695.36 2,716.35 2,747.70

Asia-Pacific 2,378.54 2,397.03 2,424.67

Latin America 2,466.55 2,485.82 2,514.56

Middle East & Africa 2,518.74 2,538.48 2,567.91

Source: MRFR Analysis

5.4 IMPACT OF COVID 19 OUTBREAK ON GLOBAL METAL CASTING MARKET

5.4.1 OVERVIEW

The outbreak has significantly impacted the chemicals & materials supply chains, international trade, and manufacturing operations across the world. The production of metal casting got declined amidst the COVID-19 pandemic as the market players had to shut production facilities or operate the facilities below the optimal production capacities to avoid the spread of the novel coronavirus. Additionally, the lack of availability of raw materials owing to supply disruptions due to border and trade restrictions have impacted the production of metal casting. However, some large market players have continued operations at their production facilities. Furthermore, the declining prices of raw materials and low demand from the end-use industries have resulted in surplus stocks and, thus, reduced production.

5.4.2 QUALITATIVE ANALYSIS ON CHANGES IN SUPPLY CHAIN

The primary raw materials used to manufacture metal casting are aluminum, steel, zinc, and magnesium. The outbreak caused a huge impact on the supply of raw materials as the majority of its raw material is used in automotive components. The automotive industry was worst hit by the global COVID crisis, which affected the price margins of raw material as well as end products. Thus, the outbreak has resulted in the disruption of the supply-demand of raw materials.

COVID-19 has impacted on the global sales of metal casting. The construction industry, which constitutes the highest share of the global metal casting market, has come to a halt across the globe, which has had a major impact on the market. The manufacturers are unable to run down their products to the application industries due to a reduction in logistics. The manufacturers are providing products to local areas. With the ease of lockdown across many regions, the companies are coming up with more secure and hygienic ways to deliver products across various regions. On the other hand, the suppliers are back to business, and distribution channels have re-opened.

The sales & distribution channel comprises distributors, retailers, wholesalers, and e-commerce merchants that have signed long-term agreements with the manufacturer to assure the availability of the final product at different locations as and when required.

Automotive and transportation, mining, equipment and machine, consumer goods applications are the key consumers of metal casting. The operations of these end-use industries have come to a halt due to the global lockdown and government policies to reduce the spread of this virus. Gradually, resuming operations across the globe to balance the economic output will result in an increased demand for metal casting.

5.4.3 QUALITATIVE ANALYSIS ON CHANGE IN DEMAND FOR METAL CASTING INDUSTRY DUE TO COVID-19

With the rapid, continuous spread of the novel coronavirus worldwide, the construction activities in both residential and commercial spaces are taking extreme measures in the form of closures to halt the spread of novel coronavirus. Most constructors plan on halting production in North America to slow the spread of the virus. China witnessed an over 60% drop in the construction market in December 2020. As a result, Chinese construction manufacturers have petitioned the government to stimulate the market through subsidies, tax breaks, and temporary reductions in regulations on emissions.

Owing to the unprecedented health and economic crisis, the construction supply chain is particularly hit hard. The two major production hubs, China and India, have been severely affected, causing significant disruptions on the supply side. Furthermore, a collapse in demand has led to brands and retailers breaking contracts, canceling orders, delaying shipments, and demanding discounts from suppliers. Moreover, many producers shifted their focus on the production of other fast revenue-generating products, which led to the decline in the demand for metal casting.

5.4.4 MAJOR GOVERNMENT POLICIES TO COUNTER THE PANDEMIC

The world has experienced more than 406 million COVID-19 cases and more than 5.79 million deaths and finds itself in the middle of the strong second wave of SARS-CoV-2. Several countries across the globe continue to be hit by the sharp decline in global oil prices. Federal and provincial governments have implemented a range of measures to mitigate the spread of the virus, including travel restrictions, social distancing, declarations of states of emergency, and closures of non-essential businesses in some provinces.

In December 2021, WHO declared the omicron variant a high concern. Countries across North America Europe, and Asia-Pacific have reported a continuously rising number of omicron variant cases. A recent surge in new cases has prompted a tightening of restrictions in several countries.

5.4.5 KEY POLICY RESPONSES AS OF DECEMBER 2020

5.4.5.1 FISCAL POLICIES

 USD 20 billion (0.9% of GDP) to the health system to support increased testing, vaccine development, medical supplies, mitigation efforts, and greater support for Indigenous communities

 around USD 249 billion (11.6% of GDP) in direct aid to households and firms, including wage subsidies, payments to workers without sick leave and access to employment insurance, an increase in existing GST tax credits and child-care benefits, and a new distinctions-based Indigenous Community Support Fund

 around USD 85 billion (3.9% of GDP) in liquidity support through tax deferrals.

6 GLOBAL METAL CASTING MARKET,

BY MATERIAL TYPE

6.1 OVERVIEW

On the basis of material type, the global metal casting market has been segmented into cast iron, aluminium, stainless steel, zinc, magnesium, carbon steel, high steel alloy steel, and others. The cast iron segment accounted for the largest share of the global metal casting market in 2020 and is expected to register a CAGR of 7.38% to reach USD 256,131.49 million by the end of 2030. Aluminum was the fastest-growing segment in 2020 and is expected to register a CAGR of 8.80% during the review period.

FIGURE 15 GLOBAL METAL CASTING MARKET, BY MATERIAL TYPE, 2019 TO 2030 (USD MILLION)

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

6.1.1 METAL CASTING: MARKET ESTIMATES & FORECAST BY MATERIAL TYPE, 2022-2030

TABLE 3 METAL CASTING MARKET ESTIMATES & FORECAST, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 139,030.35 129,113.70 134,919.01 256,131.49 7.38%

Aluminium 60,447.14 56,906.72 60,276.52 128,761.02 8.80%

Stainless Steel 28,014.49 26,331.81 27,847.90 58,759.24 8.65%

Zinc 9,512.47 8,883.66 9,335.34 18,642.28 7.99%

Magnesium 6,778.60 6,301.94 6,592.47 12,640.41 7.50%

Carbon Steel 4,284.78 3,938.66 4,073.15 6,978.76 6.17%

High Steel Alloy 6,898.42 6,390.24 6,660.56 12,341.69 7.09%

Others 16,349.48 14,950.59 15,377.85 24,848.69 5.48%

Total 271,315.72 252,817.33 265,082.81 519,103.59 7.75%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 51.07% in 2020, with a market value of USD 129,113.7 million; it is expected to register a CAGR of 7.38% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 56,906.7 million; it is projected to register the highest CAGR of 8.80%.

FIGURE 16 GLOBAL METAL CASTING MARKET, BY MATERIAL TYPE, 2019 TO 2030 (KILO TONS)

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

6.1.2 METAL CASTING: MARKET ESTIMATES & FORECAST BY MATERIAL TYPE, 2022-2030

TABLE 4 METAL CASTING MARKET ESTIMATES & FORECAST, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 57,026.84 52,568.30 54,324.07 92,951.97 6.15%

Aluminium 24,305.91 22,713.27 23,791.94 45,806.33 7.55%

Stainless Steel 10,705.71 9,988.69 10,447.22 19,873.33 7.41%

Zinc 3,732.59 3,460.10 3,595.77 6,471.69 6.75%

Magnesium 2,640.80 2,436.94 2,521.03 4,356.14 6.27%

Carbon Steel 1,738.15 1,585.82 1,621.69 2,502.17 4.94%

High Steel Alloy 2,796.35 2,571.14 2,650.17 4,424.62 5.86%

Others 6,726.67 6,105.74 6,210.76 9,045.40 4.27%

Total 109,673.03 101,430.00 105,162.62 185,431.66 6.50%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 51.83%, accounting for 52,568.30 kilo tons in 2020; it is projected to exhibit a CAGR of 6.15%. The aluminium segment was the second-largest with a share of 22.39% in 2020, sized at 22,713.27 kilo tons; it is projected to exhibit the highest CAGR of 7.55%.

6.2 CAST IRON

Cast iron is a ferrous alloy that contains more than 2% carbon. Cast iron is majorly used in transportation and industrial machines & equipment. Cast iron, based on type, can be categorized as gray iron, white iron, ductile iron, malleable iron, and compacted graphite iron. It is being used in various applications, including engine blocks, manifolds, gas burners, enclosures, housings, railroad brake shoes, hydraulic components, automobile door hinges, sprockets, connecting rods, and farm & construction machinery. It possesses superior properties such as hardness, flexibility, elasticity, tensile strength, malleability, and fatigue strength.

6.2.1 CAST IRON: MARKET ESTIMATES & FORECAST BY REGION,2022-2030

TABLE 5 CAST IRON MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 19,245.30 17,780.88 18,484.49 33,449.03 6.81%

Europe 23,933.45 22,049.63 22,856.28 40,224.91 6.48%

Asia-Pacific 78,383.63 73,070.78 76,646.93 150,487.62 7.78%

Latin America 7,727.71 7,164.71 7,474.51 13,978.06 7.20%

Middle East & Africa 9,740.26 9,047.70 9,456.79 17,991.87 7.41%

Total 139,030.35 129,113.70 134,919.01 256,131.49 7.38%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 56.59% in 2020, with a market value of USD 73,070.8 million; it is expected to register the highest CAGR of 7.78% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 22,049.6 million; it is projected to exhibit a CAGR of 6.48%.

TABLE 6 CAST IRON MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 7,462.67 6,842.30 7,032.67 11,445.68 5.56%

Europe 9,015.01 8,242.04 8,446.88 13,368.15 5.23%

Asia-Pacific 33,442.64 30,938.78 32,086.63 56,666.22 6.52%

Latin America 3,181.12 2,926.84 3,018.83 5,076.61 5.95%

Middle East & Africa 3,925.40 3,618.35 3,739.05 6,395.30 6.15%

Total 57,026.84 52,568.30 54,324.07 92,951.97 6.15%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 58.85%, accounting for 30,938.78 kilo tons in 2020; it is expected to register the highest CAGR of 6.52% from 2021 to 2030. Europe was the second-largest with a share of 15.68% in 2020, sized at 8,242.04 kilo tons; it is projected to exhibit a CAGR of 5.23%.

6.3 ALUMINIUM

The aluminum segment accounted for the second-largest market share and is expected to exhibit the highest CAGR of 8.80% during the forecast period. This is attributed to its lightweight, relatively low cost, durability, recyclability, surface finishing options, versatility, and corrosion-resistant property. Aluminum casting is formed by pouring molten metal into molds. Die casting, permanent mold casting, and sand casting molding methods are commonly used to manufacture aluminum-casted products. It is the most preferred metal for rapid production and high dimensional stability with thin walls. Aluminum is used in numerous applications, including transmissions, power grid lines, aircraft, heat exchangers, cooking utensils, beverage cans, welding wires, brazing rods, pressure vessels, marine frames, and construction equipment. The global demand for aluminum is increasing at a significant rate, primarily in the automotive industry, which has resulted in increased production of aluminum in the recent past.

6.3.1 ALUMINIUM: MARKET ESTIMATES & FORECAST BY REGION,2022-2030

TABLE 7 ALUMINIUM MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 7,906.35 7,407.81 7,808.79 15,945.55 8.26%

Europe 10,310.21 9,626.23 10,111.41 19,968.55 7.85%

Asia-Pacific 34,594.79 32,688.17 34,750.64 76,680.56 9.19%

Latin America 3,519.39 3,306.92 3,496.06 7,343.44 8.60%

Middle East & Africa 4,116.39 3,877.59 4,109.62 8,822.91 8.86%

Total 60,447.14 56,906.72 60,276.52 128,761.02 8.80%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 57.44% in 2020, with a market value of USD 32,688.2 million; it is expected to register the highest CAGR of 9.19% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 9,626.2 million; it is projected to exhibit a CAGR of 7.85%.

TABLE 8 ALUMINIUM MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 3,002.56 2,791.80 2,909.67 5,343.73 6.99%

Europe 3,802.90 3,523.51 3,659.22 6,498.45 6.59%

Asia-Pacific 14,457.70 13,556.96 14,249.62 28,282.14 7.91%

Latin America 1,418.08 1,322.30 1,382.11 2,610.66 7.32%

Middle East & Africa 1,624.67 1,518.70 1,591.31 3,071.36 7.58%

Total 24,305.91 22,713.27 23,791.94 45,806.33 7.55%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 59.69%, accounting for 13,556.96 kilo tons in 2020; it is expected to register the highest CAGR of 7.91% from 2021 to 2030. Europe was the second-largest with a share of 15.51% in 2020, sized at 3,523.51 kilo tons; it is projected to exhibit a CAGR of 6.59%.

6.4 STAINLESS STEEL

Stainless steel is a metal alloy made of steel mixed with chromium, nickel, molybdenum, silicon, aluminum, and carbon. Based on type, stainless steel can be categorized as austenitic stainless steel, ferritic stainless steel, and martensitic stainless steel. Stainless steel is used in various industries, including building & construction, automotive & transportation, consumer goods, and healthcare, owing to its superior properties such as high strength, corrosion resistance, low maintenance, and recyclability. The major demand for steel is mainly in the building and construction industry.

6.4.1 STAINLESS STEEL: MARKET ESTIMATES & FORECAST BY REGION,2022-2030

TABLE 9 STAINLESS STEEL MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 3,838.75 3,590.94 3,779.37 7,618.87 8.10%

Europe 4,813.29 4,479.19 4,689.67 9,008.54 7.52%

Asia-Pacific 15,982.39 15,082.87 16,015.26 35,009.72 9.08%

Latin America 1,550.98 1,456.70 1,539.36 3,221.54 8.55%

Middle East & Africa 1,829.09 1,722.11 1,824.24 3,900.56 8.81%

Total 28,014.49 26,331.81 27,847.90 58,759.24 8.65%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 57.28% in 2020, with a market value of USD 15,082.9 million ; it is expected to register the highest CAGR of 9.08% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 4,479.2 million; it is projected to exhibit a CAGR of 7.52%.

TABLE 10 STAINLESS STEEL MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 1,386.41 1,287.03 1,339.26 2,428.18 6.83%

Europe 1,688.68 1,559.47 1,614.28 2,788.58 6.26%

Asia-Pacific 6,349.84 5,946.89 6,243.25 12,276.27 7.80%

Latin America 594.61 554.20 579.01 1,089.61 7.28%

Middle East & Africa 686.17 641.09 671.41 1,290.69 7.53%

Total 10,705.71 9,988.69 10,447.22 19,873.33 7.41%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 59.54%, accounting for 5,946.89 kilo tons in 2020; it is expected to register the highest CAGR of 7.80% from 2021 to 2030. Europe was the second-largest with a share of 15.61% in 2020, sized at 1,559.47 kilo tons; it is projected to exhibit a CAGR of 6.26%.

6.5 ZINC

Zinc possesses superior strength, durability, aesthetic features, excellent finishing capabilities, rigidity, and economical castability. No other metal offers the combined features of toughness and strength, and its performance also exceeds those of cast aluminum and magnesium. In addition, greenhouse emissions are minimized with zinc die casting alloys, and the production rate is much faster than aluminum and magnesium. Zinc and its alloys are used in the production of die-cast parts such as gear shifters, braking systems, engine mounting components, steering systems, turbocharger systems, and consumer electronics.

6.5.1 ZINC: MARKET ESTIMATES & FORECAST BY REGION,2022-2030

TABLE 11 ZINC MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 1,169.90 1,087.81 1,138.10 2,181.44 7.50%

Europe 1,832.43 1,698.37 1,771.11 3,290.66 7.13%

Asia-Pacific 5,042.46 4,727.32 4,986.80 10,304.79 8.40%

Latin America 569.42 531.16 557.52 1,101.69 7.86%

Middle East & Africa 898.25 839.00 881.80 1,763.71 8.01%

Total 9,512.47 8,883.66 9,335.34 18,642.28 7.99%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 53.21% in 2020, with a market value of USD 4,727.3 million; it is expected to register the highest CAGR of 8.40% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 1,698.4 million; it is projected to exhibit a CAGR of 7.13%.

TABLE 12 ZINC MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 435.28 401.65 415.47 716.23 6.24%

Europe 661.92 608.81 627.71 1,048.79 5.87%

Asia-Pacific 2,063.06 1,919.42 2,001.92 3,721.09 7.13%

Latin America 224.89 208.18 216.04 383.88 6.60%

Middle East & Africa 347.44 322.04 334.62 601.69 6.74%

Total 3,732.59 3,460.10 3,595.77 6,471.69 6.75%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 55.47%, accounting for 1,919.42 kilo tons in 2020; it is expected to register the highest CAGR of 7.13% from 2021 to 2030. Europe was the second-largest with a share of 17.60% in 2020, sized at 608.81 kilo tons; it is projected to exhibit a CAGR of 5.87%.

6.6 MAGNESIUM

Magnesium is the lightest of all structural materials; it is 75% lighter than steel and 33% lighter than aluminum and is widely used for engineering applications. It possesses superior properties such as excellent heat dissipation, damping, impact resistance, high strength to weight ratio, easy castability, excellent dimensional stability, and 100% recyclability. Magnesium is used to manufacture steering brackets, transmission, steering wheels, gear covers, aircraft & missile components, ladders, portable consumer electronics, and machines. The demand for magnesium is high in the automotive & transportation, and aerospace & defense industries due to its lightweight as compared to aluminum.

6.6.1 MAGNESIUM: MARKET ESTIMATES & FORECAST BY REGION,2022-2030

TABLE 13 MAGNESIUM MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 827.06 765.04 796.27 1,456.98 6.94%

Europe 1,347.99 1,244.50 1,292.75 2,319.66 6.71%

Asia-Pacific 3,497.55 3,263.70 3,426.83 6,790.20 7.89%

Latin America 463.90 431.08 450.75 860.89 7.45%

Middle East & Africa 642.09 597.61 625.87 1,212.69 7.63%

Total 6,778.60 6,301.94 6,592.47 12,640.41 7.50%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 51.79% in 2020, with a market value of USD 3,263.7 million; it is expected to register the highest CAGR of 7.89% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 1,244.5 million; it is projected to exhibit a CAGR of 6.71%.

TABLE 14 MAGNESIUM MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 305.84 280.75 288.91 475.44 5.69%

Europe 483.98 443.41 455.39 734.81 5.46%

Asia-Pacific 1,422.12 1,316.94 1,367.15 2,436.66 6.63%

Latin America 181.92 167.76 173.43 297.88 6.19%

Middle East & Africa 246.94 228.07 236.15 411.34 6.36%

Total 2,640.80 2,436.94 2,521.03 4,356.14 6.27%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 54.04%, accounting for 1,316.94 kilo tons in 2020; it is expected to register the highest CAGR of 6.63% from 2021 to 2030. Europe was the second-largest with a share of 18.20% in 2020, sized at 443.41 kilo tons; it is projected to exhibit a CAGR of 5.46%.

6.7 CARBON STEEL

Carbon steel is a steel alloy in which carbon serves as the primary alloying element. Cast alloy steels have been developed to operate under conditions requiring higher pressures, wear resistance, and higher strength with increased toughness and hardenability. The mechanical properties of carbon steel are determined by the percentage of carbon present and the higher the percentage of steel. Carbon steels are found in various applications, including automotive, construction, military, and defense applications.

6.7.1 CARBON STEEL: MARKET ESTIMATES & FORECAST BY REGION,2022-2030

TABLE 15 CARBON STEEL MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 681.73 625.19 645.05 1,085.13 5.95%

Europe 844.63 772.12 794.08 1,294.60 5.58%

Asia-Pacific 2,175.16 2,004.55 2,078.18 3,633.19 6.40%

Latin America 230.91 211.90 218.76 368.98 5.98%

Middle East & Africa 352.34 324.90 337.08 596.87 6.55%

Total 4,284.78 3,938.66 4,073.15 6,978.76 6.17%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 50.89% in 2020, with a market value of USD 2,004.5 million; it is expected to register a CAGR of 6.40% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 772.1 million; it is projected to exhibit a CAGR of 5.58%. However, Middle East & Africa is expected to register the highest CAGR of 6.40%.

TABLE 16 CARBON STEEL MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 263.01 239.36 244.17 369.43 4.71%

Europe 316.43 287.05 291.88 427.90 4.34%

Asia-Pacific 923.13 844.25 865.39 1,360.85 5.16%

Latin America 94.26 85.84 87.61 132.84 4.73%

Middle East & Africa 141.31 129.31 132.64 211.15 5.30%

Total 1,738.15 1,585.82 1,621.69 2,502.17 4.94%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 53.24%, accounting for 844.25 kilo tons in 2020 and is projected to register a CAGR of 5.16%. Europe was the second-largest with a share of 18.10% in 2020, sized at 287.05 kilo tons; it is projected to exhibit a CAGR of 4.34%. However, Middle East & Africa is expected to register the highest CAGR of 5.30%.

6.8 HIGH STEEL ALLOY

High-alloy steels are defined by a high percentage of alloying elements. Stainless steel, which contains at least 12% chromium, is the most common high-alloy steel. There are three types of stainless steel: martensitic, ferritic, and austenitic. Martensitic steels have the least amount of chromium, a high hardenability, and are commonly used for cutlery. Ferritic steels have a chromium content ranging from 12 to 27 percent and are commonly used in automobiles and industrial equipment. Austenitic steels, which contain high levels of nickel, carbon, manganese, or nitrogen, are frequently used to store corrosive liquids as well as mining, chemical, or pharmacy equipment.

6.8.1 HIGH STEEL ALLOY: MARKET ESTIMATES & FORECAST BY REGION,2022-2030

TABLE 17 HIGH STEEL ALLOY MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 939.73 866.45 898.89 1,595.48 6.58%

Europe 1,186.96 1,091.49 1,129.30 1,952.70 6.27%

Asia-Pacific 3,768.11 3,501.94 3,661.97 6,982.25 7.43%

Latin America 459.45 425.48 443.36 820.09 7.07%

Middle East & Africa 544.19 504.87 527.05 991.18 7.27%

Total 6,898.42 6,390.24 6,660.56 12,341.69 7.09%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 54.80% in 2020, with a market value of USD 3,501.9 million; it is expected to register the highest CAGR of 7.43% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 1,091.5 million; it is projected to exhibit a CAGR of 6.27%.

TABLE 18 HIGH STEEL ALLOY MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 360.55 329.90 338.38 540.18 5.33%

Europe 442.17 403.50 412.75 641.79 5.03%

Asia-Pacific 1,589.64 1,466.11 1,515.79 2,599.56 6.18%

Latin America 186.95 171.81 177.00 294.41 5.82%

Middle East & Africa 217.05 199.83 206.24 348.69 6.01%

Total 2,796.35 2,571.14 2,650.17 4,424.62 5.86%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 57.02%, accounting for 1,466.11 kilo tons in 2020; it is expected to register the highest CAGR of 6.18% from 2021 to 2030. Europe was the second-largest with a share of 15.69% in 2020, sized at 403.50 kilo tons; it is projected to exhibit a CAGR of 5.03%.

6.9 OTHERS

The others segment includes copper, titanium, nickel, tin, and silver. It was valued at USD 14,950.59 million in 2020 and is expected to register 5.48% CAGR during the review period.

6.9.1 OTHERS: MARKET ESTIMATES & FORECAST BY REGION,2022-2030

TABLE 19 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 2,448.19 2,227.47 2,279.60 3,518.95 4.94%

Europe 2,282.46 2,068.22 2,107.92 3,132.07 4.50%

Asia-Pacific 9,632.50 8,843.40 9,132.21 15,283.22 5.89%

Latin America 934.76 853.27 876.09 1,391.96 5.28%

Middle East & Africa 1,051.57 958.24 982.04 1,522.49 4.99%

Total 16,349.48 14,950.59 15,377.85 24,848.69 5.48%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 59.15% in 2020, with a market value of USD 8,843.4 million; it is expected to register the highest CAGR of 5.89% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 2,068.2 million; it is projected to exhibit a CAGR of 4.50%.

TABLE 20 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 949.28 857.12 867.27 1,204.07 3.71%

Europe 859.87 773.20 779.13 1,041.02 3.27%

Asia-Pacific 4,109.30 3,743.97 3,822.59 5,754.17 4.65%

Latin America 384.61 348.39 353.66 505.23 4.04%

Middle East & Africa 423.61 383.06 388.11 540.91 3.76%

Total 6,726.67 6,105.74 6,210.76 9,045.40 4.27%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 61.32%, accounting for 3,743.97 kilo tons in 2020; it is expected to register the highest CAGR of 4.65% from 2021 to 2030. Europe was the second-largest with a share of 12.66% in 2020, sized at 773.20 kilo tons; it is projected to exhibit a CAGR of 3.27%.

7 GLOBAL METAL CASTING MARKET,

BY PROCESS TYPE

7.1 OVERVIEW

Based on process type, the global metal casting market is segmented into sand casting, die casting, shell mold casting, gravity casting, vacuum casting, investment casting, and others. Among these, the sand casting segment accounted for the largest share of the market and was valued at USD 124,756.86 million in 2020. This is mainly attributed to the widespread use of the process in the manufacturing of automotive components and some of the industrial machine tools. The die casting process was the second-most used process for metal casting. The segment is expected to register the highest CAGR of 8.44% during the forecast period.

FIGURE 17 GLOBAL METAL CASTING MARKET, BY PROCESS TYPE, 2019 TO 2030 (USD MILLION)

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

7.1.1 METAL CASTING: MARKET ESTIMATES & FORECAST BY PROCESS TYPE, 2022-2030

TABLE 21 METAL CASTING MARKET ESTIMATES & FORECAST, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 133,541.02 124,756.86 131,145.73 262,745.74 8.03%

Die Casting 63,292.37 59,366.70 62,655.33 129,886.38 8.44%

Shell Mold Casting 20,147.60 18,670.13 19,467.11 36,206.26 7.14%

Gravity Casting 15,982.60 14,564.19 14,925.96 23,136.82 4.99%

Vacuum Casting 9,333.01 8,537.38 8,784.57 14,262.60 5.53%

Investment Casting 15,575.93 14,484.25 15,155.79 29,127.68 7.53%

Others 13,443.19 12,437.82 12,948.33 23,738.11 6.97%

Total 271,315.72 252,817.33 265,082.81 519,103.59 7.75%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 49.35% in 2020, with a market value of USD 124,756.9 million; it is expected to register a CAGR of 8.03% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 59,366.7 million; it is projected to register the highest CAGR of 8.44%.

FIGURE 18 GLOBAL METAL CASTING MARKET, BY PROCESS TYPE, 2019 TO 2030 (KILO TONS)

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

7.1.2 METAL CASTING: MARKET ESTIMATES & FORECAST BY PROCESS TYPE, 2022-2030

TABLE 22 METAL CASTING MARKET ESTIMATES & FORECAST, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 55,926.51 51,862.31 53,915.25 97,362.37 6.79%

Die Casting 25,422.30 23,669.45 24,704.18 46,158.29 7.19%

Shell Mold Casting 8,264.65 7,602.02 7,838.80 13,140.08 5.91%

Gravity Casting 6,238.18 5,642.78 5,719.16 7,993.61 3.79%

Vacuum Casting 3,565.67 3,237.63 3,294.52 4,821.27 4.32%

Investment Casting 6,126.37 5,654.85 5,851.48 10,134.94 6.29%

Others 4,129.37 3,760.95 3,839.23 5,821.09 4.73%

Total 109,673.03 101,430.00 105,162.62 185,431.66 6.50%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 51.13%, accounting for 51,862.31 kilo tons in 2020; it is projected to exhibit a CAGR of 6.79%. The die casting segment was the second-largest with a share of 23.34% in 2020, sized at 23,669.45 kilo tons; it is projected to exhibit the highest CAGR of 7.19%.

7.2 SAND CASTING

Sand casting is the most widely used metal casting process, wherein molten metal is poured into a sand mold (molds are generally provided with a cavity of the shape to be made) and then allowed to solidify inside the mold. This is a comparatively low-cost process and is mainly used to manufacture various industrial components, including engine blocks, impellers, manifolds, support beams, cylinder heads, machine tool bases, pump housings, and valves. By this manufacturing process, components of all shapes can be manufactured.

7.2.1 SAND CASTING: MARKET ESTIMATES & FORECAST BY REGION,2022-2030

TABLE 23 SAND CASTING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 18,350.72 17,055.13 17,835.44 34,048.73 7.45%

Europe 23,485.21 21,762.56 22,690.08 42,085.60 7.11%

Asia-Pacific 74,682.30 70,043.31 73,917.89 153,287.28 8.44%

Latin America 7,593.13 7,083.36 7,435.26 14,699.60 7.87%

Middle East & Africa 9,429.65 8,812.50 9,267.06 18,624.53 8.06%

Total 133,541.02 124,756.86 131,145.73 262,745.74 8.03%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 56.14% in 2020, with a market value of USD 70,043.3 million; it is expected to register the highest CAGR of 8.44% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 21,762.6 million; it is projected to exhibit a CAGR of 7.11%.

TABLE 24 SAND CASTING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 7,268.59 6,703.95 6,931.45 11,901.09 6.19%

Europe 9,035.95 8,309.24 8,565.34 14,286.42 5.85%

Asia-Pacific 32,548.98 30,294.96 31,609.89 58,961.99 7.17%

Latin America 3,191.88 2,954.86 3,066.55 5,451.70 6.60%

Middle East & Africa 3,881.11 3,599.30 3,742.02 6,761.17 6.79%

Total 55,926.51 51,862.31 53,915.25 97,362.37 6.79%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 58.41%, accounting for 30,294.96 kilo tons in 2020; it is expected to register the highest CAGR of 7.17% from 2021 to 2030. Europe was the second-largest with a share of 16.02% in 2020, sized at 8,309.24 kilo tons; it is projected to exhibit a CAGR of 5.85%.

7.3 DIE CASTING

The die casting segment held the second-largest market share of 23.48% in 2020 and is projected to be the fastest-growing process segment during the forecast period, owing to the widening scope of application of the process in manufacturing automotive components. In this process, molten metal is forced under high pressure into reusable metal dies to obtain the desired product. Some of the key benefits offered are that it helps in manufacturing accurately dimensioned, sharply defined, smooth, or textured surface metal parts. However, this process is primarily suitable for non-ferrous metals such as aluminum, magnesium, and zinc.

7.3.1 DIE CASTING: MARKET ESTIMATES & FORECAST BY REGION,2022-2030

TABLE 25 DIE CASTING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 8,665.86 8,087.93 8,493.22 16,803.66 7.88%

Europe 10,870.55 10,113.28 10,585.89 20,310.82 7.51%

Asia-Pacific 35,542.77 33,465.32 35,453.30 76,004.08 8.84%

Latin America 3,632.58 3,402.24 3,585.39 7,333.33 8.28%

Middle East & Africa 4,580.61 4,297.93 4,537.53 9,434.48 8.47%

Total 63,292.37 59,366.70 62,655.33 129,886.38 8.44%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 56.37% in 2020, with a market value of USD 33,465.3 million; it is expected to register the highest CAGR of 8.84% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 10,113.3 million; it is projected to exhibit a CAGR of 7.51%.

TABLE 26 DIE CASTING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 3,291.13 3,048.24 3,164.82 5,631.50 6.61%

Europe 4,010.94 3,703.03 3,832.21 6,611.86 6.25%

Asia-Pacific 14,848.12 13,873.95 14,532.23 28,022.83 7.57%

Latin America 1,464.04 1,360.73 1,417.75 2,607.55 7.00%

Middle East & Africa 1,808.07 1,683.49 1,757.17 3,284.54 7.20%

Total 25,422.30 23,669.45 24,704.18 46,158.29 7.19%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 58.62%, accounting for 13,873.95 kilo tons in 2020; it is expected to register the highest CAGR of 7.57% from 2021 to 2030. Europe was the second-largest with a share of 15.64% in 2020, sized at 3,703.03 kilo tons; it is projected to exhibit a CAGR of 6.25%.

7.4 SHELL MOLD CASTING

Shell mold casting is similar to sand casting, wherein the molten metal is poured into an expendable mold, which is a thin hardened shell of sand and a thermosetting resin binder, backed up by some other material. This process is mainly suitable for steel castings less than 20 pounds, and the applications include cylinder heads, bushings, gears, camshafts, connecting rods, and valve bodies.

7.4.1 SHELL MOLD CASTING: MARKET ESTIMATES & FORECAST BY REGION,2022-2030

TABLE 27 SHELL MOLD CASTING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 2,656.85 2,448.82 2,539.58 4,492.19 6.54%

Europe 3,452.68 3,173.60 3,282.08 5,651.31 6.22%

Asia-Pacific 11,328.86 10,537.63 11,028.68 21,202.96 7.53%

Latin America 1,211.14 1,121.16 1,167.81 2,152.00 7.03%

Middle East & Africa 1,498.07 1,388.93 1,448.97 2,707.81 7.19%

Total 20,147.60 18,670.13 19,467.11 36,206.26 7.14%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 56.44% in 2020, with a market value of USD 10,537.6 million; it is expected to register the highest CAGR of 7.53% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 3,173.6 million; it is projected to exhibit a CAGR of 6.22%.

TABLE 28 SHELL MOLD CASTING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 1,030.13 942.23 966.11 1,536.98 5.29%

Europe 1,300.62 1,186.37 1,213.04 1,878.28 4.98%

Asia-Pacific 4,831.49 4,459.86 4,614.99 7,980.54 6.27%

Latin America 498.56 458.00 471.65 781.58 5.77%

Middle East & Africa 603.85 555.57 573.01 962.70 5.93%

Total 8,264.65 7,602.02 7,838.80 13,140.08 5.91%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 58.67%, accounting for 4,459.86 kilo tons in 2020; it is expected to register the highest CAGR of 6.27% from 2021 to 2030. Europe was the second-largest with a share of 15.61% in 2020, sized at 1,186.37 kilo tons; it is projected to exhibit a CAGR of 4.98%.

7.5 GRAVITY CASTING

Gravity casting sometimes referred to as permanent mold, is mainly used in manufacturing non-ferrous alloy parts using aluminum, zinc, and copper-base alloys. The key advantages of the process are dimensional accuracy, enhanced mechanical properties, and a smoother cast surface finish than sand casting. In addition, gravity casting also provides faster production time compared to other processes. Various parts and components manufactured using the process include flanges, actuator bodies, manifolds, electrical fittings, and compressor parts.

7.5.1 GRAVITY CASTING: MARKET ESTIMATES & FORECAST BY REGION,2022-2030

TABLE 29 GRAVITY CASTING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 2,124.10 1,922.77 1,957.31 2,842.73 4.23%

Europe 2,666.31 2,410.09 2,449.86 3,516.22 4.10%

Asia-Pacific 9,201.08 8,420.32 8,666.34 13,964.39 5.44%

Latin America 946.27 861.43 881.98 1,357.88 4.91%

Middle East & Africa 1,044.84 949.59 970.46 1,455.60 4.61%

Total 15,982.60 14,560.78 14,918.96 23,078.15 4.97%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 57.82% in 2020, with a market value of USD 8,420.32 million; it is expected to register the highest CAGR of 5.44% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 2,410.1 million; it is projected to exhibit a CAGR of 4.10%.

TABLE 30 GRAVITY CASTING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 782.58 703.01 707.55 924.26 3.01%

Europe 953.13 854.95 859.21 1,108.80 2.87%

Asia-Pacific 3,731.42 3,388.85 3,448.54 4,998.92 4.21%

Latin America 370.52 334.74 338.86 469.30 3.68%

Middle East & Africa 400.53 361.23 364.99 492.34 3.38%

Total 6,238.18 5,641.41 5,716.38 7,972.67 3.77%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 60.06%, accounting for 3,388.85 kilo tons in 2020; it is expected to register the highest CAGR of 4.21% from 2021 to 2030. Europe was the second-largest with a share of 15.15% in 2020, sized at 854.95 kilo tons; it is projected to exhibit a CAGR of 2.87%.

7.6 VACUUM CASTING

Vacuum casting is a flexible and reliable process wherein the sand mold with no moisture or binders is employed. The process is commonly used in generating prototypes and industrial parts. Ideal applications for vacuum casting include the production of casting small components such as plastic prototype parts and prosthetic and medical devices, and decorative objects, including wall plaques, delicate jewelry, and short-run custom ornaments.

7.6.1 VACUUM CASTING: MARKET ESTIMATES & FORECAST BY REGION,2022-2030

TABLE 31 VACUUM CASTING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 1,317.99 1,199.90 1,228.76 1,910.11 5.02%

Europe 1,593.09 1,445.71 1,475.65 2,221.44 4.65%

Asia-Pacific 5,217.89 4,790.82 4,947.79 8,298.75 5.91%

Latin America 594.76 544.32 560.39 917.86 5.64%

Middle East & Africa 609.28 556.63 571.99 914.43 5.35%

Total 9,333.01 8,537.38 8,784.57 14,262.60 5.53%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 56.12% in 2020, with a market value of USD 4,790.8 million; it is expected to register the highest CAGR of 5.91% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 1,445.7 million; it is projected to exhibit a CAGR of 4.65%.

TABLE 32 VACUUM CASTING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 476.03 430.07 435.44 608.80 3.79%

Europe 558.39 502.86 507.46 686.88 3.42%

Asia-Pacific 2,074.59 1,890.32 1,930.24 2,912.46 4.68%

Latin America 227.89 206.97 210.67 310.27 4.40%

Middle East & Africa 228.77 207.41 210.71 302.86 4.11%

Total 3,565.67 3,237.63 3,294.52 4,821.27 4.32%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 58.39%, accounting for 1,890.32 kilo tons in 2020; it is expected to register the highest CAGR of 4.68% from 2021 to 2030. Europe was the second-largest with a share of 15.53% in 2020, sized at 502.86 kilo tons; it is projected to exhibit a CAGR of 3.42%.

7.7 INVESTMENT CASTING

Investment casting, also known as precision casting or lost-wax casting, is a manufacturing process that involves shaping a disposable ceramic mold with a wax pattern. Investment casting is used in fine detail and is excellent as cast surface finishes. They can also be cast with thin walls and complex internal passageways. It is used in casting metals such as aluminum, bronze, magnesium, carbon steel, and stainless steel.

7.7.1 INVESTMENT CASTING: MARKET ESTIMATES & FORECAST BY REGION,2022-2030

TABLE 33 INVESTMENT CASTING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 2,087.09 1,931.11 2,010.48 3,687.89 6.97%

Europe 2,701.96 2,493.32 2,588.75 4,624.93 6.66%

Asia-Pacific 8,710.77 8,129.59 8,537.21 16,940.02 7.91%

Latin America 880.82 817.97 854.73 1,622.58 7.38%

Middle East & Africa 1,195.29 1,112.26 1,164.62 2,252.25 7.60%

Total 15,575.93 14,484.25 15,155.79 29,127.68 7.53%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 56.13% in 2020, with a market value of USD 8,129.6 million; it is expected to register the highest CAGR of 7.91% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 2,493.3 million; it is projected to exhibit a CAGR of 6.66%.

TABLE 34 INVESTMENT CASTING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 776.65 713.13 734.05 1,211.01 5.72%

Europe 976.51 894.23 917.95 1,474.76 5.41%

Asia-Pacific 3,563.87 3,300.79 3,427.17 6,116.83 6.65%

Latin America 347.31 320.06 330.66 564.47 6.12%

Middle East & Africa 462.03 426.64 441.66 767.87 6.34%

Total 6,126.37 5,654.85 5,851.48 10,134.94 6.29%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 58.37%, accounting for 3,300.79 kilo tons in 2020; it is expected to register the highest CAGR of 6.65% from 2021 to 2030. Europe was the second-largest with a share of 15.81% in 2020, sized at 894.23 kilo tons; it is projected to exhibit a CAGR of 5.41%.

7.8 OTHERS

The others segment includes plaster mold casting and centrifugal casting.

7.8.1 OTHERS: MARKET ESTIMATES & FORECAST BY REGION,2022-2030

TABLE 35 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 1,854.40 1,705.95 1,765.78 3,066.12 6.32%

Europe 1,781.63 1,631.20 1,680.22 2,781.35 5.76%

Asia-Pacific 8,392.92 7,795.74 8,147.60 15,474.06 7.39%

Latin America 597.82 550.74 570.86 1,003.40 6.47%

Middle East & Africa 816.43 754.18 783.87 1,413.18 6.77%

Total 13,443.19 12,441.23 12,955.33 23,796.79 6.99%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 62.68% in 2020, with a market value of USD 7,795.74 million; it is expected to register the highest CAGR of 7.39% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 1,631.2 million; it is projected to exhibit a CAGR of 5.76%.

TABLE 36 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 540.51 489.28 496.38 709.29 4.05%

Europe 435.41 390.33 392.04 502.49 2.80%

Asia-Pacific 2,758.97 2,524.59 2,589.29 4,103.38 5.25%

Latin America 166.24 149.96 151.57 206.27 3.48%

Middle East & Africa 228.24 206.80 209.96 299.66 4.03%

Total 4,129.37 3,762.32 3,842.01 5,842.03 4.77%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 67.14%, accounting for 2,524.59 kilo tons in 2020; it is expected to register the highest CAGR of 5.30% from 2021 to 2030. Europe was the second-largest with a share of 10.37% in 2020, sized at 390.33 kilo tons; it is projected to exhibit a CAGR of 2.80%.

8 GLOBAL METAL CASTING MARKET,

BY END-USE INDUSTRY

8.1 OVERVIEW

Based on the end-use industry, the global metal casting market has been segmented into automotive & transportation, building & construction, mining, equipment & machine, consumer goods, and others. The automotive & transportation segment accounted for the largest market share of 40.98% in 2020 and expected to reach USD 220,707.06 million by the end of 2030. The increasing demand for metal cast components in the automotive industry is likely to favor the growth of the segment during the forecast period. The building & construction industry is the second-largest consumer of metal casting products, and the segment was valued at USD 44,684.61 million in 2020.

FIGURE 19 GLOBAL METAL CASTING MARKET, BY END-USE INDUSTRY, 2019 TO 2030 (USD MILLION)

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

8.1.1 METAL CASTING: MARKET ESTIMATES & FORECAST BY END-USE INDUSTRY, 2022-2030

TABLE 37 METAL CASTING MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 110,759.08 103,597.18 109,031.74 220,707.06 8.15%

Building & Construction 48,005.05 44,684.61 46,802.77 90,778.41 7.64%

Mining 28,680.52 26,553.97 27,662.80 51,005.82 7.03%

Equipment & Machine 39,330.34 36,661.85 38,454.21 75,545.73 7.79%

Consumer Goods 29,123.58 27,064.83 28,301.30 54,075.74 7.46%

Others 15,417.15 14,254.89 14,830.00 26,990.82 6.88%

Total 271,315.72 252,817.33 265,082.81 519,103.59 7.75%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 40.98% in 2020, with a market value of USD 103,597.2 million; it is expected to register the highest CAGR of 8.15% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 44,684.6 million; it is projected to exhibit a CAGR of 7.64%.

FIGURE 20 GLOBAL METAL CASTING MARKET, BY END-USE INDUSTRY, 2019 TO 2030 (KILO TONS)

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

8.1.2 METAL CASTING: MARKET ESTIMATES & FORECAST BY END-USE INDUSTRY, 2022-2030

TABLE 38 METAL CASTING MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 45,431.53 42,180.18 43,901.71 80,098.67 6.91%

Building & Construction 19,513.83 18,029.96 18,675.64 32,648.03 6.40%

Mining 11,365.06 10,444.43 10,759.89 17,877.47 5.80%

Equipment & Machine 15,780.61 14,601.41 15,145.87 26,819.93 6.55%

Consumer Goods 11,485.55 10,594.92 10,956.44 18,869.88 6.23%

Others 6,096.45 5,579.09 5,723.08 9,117.68 5.31%

Total 109,673.03 101,430.00 105,162.62 185,431.66 6.50%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 41.59%, accounting for 42,180.18 kilo tons in 2020; it is expected to register the highest CAGR of 6.91% from 2021 to 2030. The building & construction segment was the second-largest with a share of 17.78% in 2020, sized at 18,029.96 kilo tons; it is projected to exhibit a CAGR of 6.40%.

8.2 AUTOMOTIVE & TRANSPORTATION

In the automotive & transportation industry, various complex-shaped and large components are manufactured using metal casting. Various automotive components, including structural components (front-end carriers, body & structure, door frame, seat frames, and tank frame), engine parts (cylinder heads, engine brackets, engine blocks), and transmission components (shafts, housings, chassis, and carriers) are manufactured using metal casting. Iron, aluminum, stainless steel, and zinc are the majorly used metals for casting these components/products. With the increasing demand for aluminum castings in the manufacturing of lightweight automobiles to increase fuel efficiency and curb emissions is expected to be a key factor propelling the growth of the segment in the coming years.

8.2.1 AUTOMOTIVE & TRANSPORTATION: MARKET ESTIMATES & FORECAST BY REGION,

2022-2030

TABLE 39 AUTOMOTIVE & TRANSPORTATION MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030

(USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 15,575.89 14,491.89 15,171.24 29,235.55 7.56%

Europe 18,834.70 17,475.80 18,244.08 34,218.45 7.24%

Asia-Pacific 62,484.27 58,668.05 61,981.68 129,774.55 8.56%

Latin America 6,210.67 5,800.14 6,095.00 12,166.14 7.98%

Middle East & Africa 7,653.55 7,161.29 7,539.73 15,312.36 8.19%

Total 110,759.08 103,597.18 109,031.74 220,707.06 8.15%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 56.63% in 2020, with a market value of USD 58,668.0 million; it is expected to register the highest CAGR of 8.56% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 17,475.8 million; it is projected to exhibit a CAGR of 7.24%.

TABLE 40 AUTOMOTIVE & TRANSPORTATION MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030

(KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 6,039.98 5,576.82 5,772.27 10,004.17 6.30%

Europe 7,094.52 6,532.41 6,742.41 11,371.95 5.98%

Asia-Pacific 26,657.33 24,838.88 25,945.59 48,863.45 7.29%

Latin America 2,555.49 2,368.35 2,460.58 4,416.65 6.72%

Middle East & Africa 3,084.20 2,863.72 2,980.85 5,442.45 6.92%

Total 45,431.53 42,180.18 43,901.71 80,098.67 6.91%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 58.89%, accounting for 24,838.88 kilo tons in 2020; it is expected to register the highest CAGR of 7.29% from 2021 to 2030. Europe was the second-largest with a share of 15.49% in 2020, sized at 6,532.41 kilo tons; it is projected to exhibit a CAGR of 5.98%.

TABLE 41 METAL CASTING MARKET ESTIMATES & FORECAST, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 21,061.46 19,859.49 21,069.60 45,717.85 8.99%

Wheels 11,880.72 11,171.68 11,820.00 25,059.32 8.71%

Engine Blocks 16,165.54 15,141.16 15,957.47 32,703.24 8.30%

Cylinder Head 26,001.63 24,170.70 25,281.20 48,305.89 7.46%

Exhaust Manifold 7,284.32 6,782.61 7,106.11 13,795.59 7.65%

Seat Frame 8,855.19 8,271.48 8,693.68 17,384.65 8.00%

Others 19,510.22 18,200.06 19,103.68 37,740.52 7.86%

Total 110,759.08 103,597.18 109,031.74 220,707.06 8.15%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 23.33% in 2020, with a market value of USD 24,170.7 million; it is expected to register a CAGR of 7.46% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 19,859.5 million; it is projected to register the highest CAGR of 8.99%.

TABLE 42 METAL CASTING MARKET ESTIMATES & FORECAST, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 9,104.39 8,521.37 8,940.51 17,484.05 7.74%

Wheels 4,962.88 4,632.28 4,846.90 9,262.35 7.46%

Engine Blocks 6,910.82 6,425.12 6,696.59 12,369.72 7.06%

Cylinder Head 10,999.24 10,149.24 10,498.07 18,079.60 6.23%

Exhaust Manifold 3,022.69 2,793.73 2,894.60 5,065.06 6.41%

Seat Frame 3,632.70 3,368.19 3,500.94 6,309.93 6.76%

Others 6,798.80 6,290.25 6,524.09 11,527.96 6.53%

Total 45,431.53 42,180.18 43,901.71 80,098.67 6.91%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 24.06%, accounting for 10,149.24 kilo tons in 2020; it is projected to exhibit a CAGR of 6.23%. The Gearbox segment was the second-largest with a share of 20.20% in 2020, sized at 8,521.37 kilo tons; it is projected to exhibit the highest CAGR of 7.74%.

8.2.2 GEARBOX

TABLE 43 GEARBOX MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 2,783.02 2,611.38 2,756.87 5,712.77 8.43%

Europe 3,530.66 3,302.10 3,474.59 6,978.12 8.06%

Asia-Pacific 12,099.63 11,450.93 12,193.08 27,326.75 9.38%

Latin America 1,226.18 1,153.89 1,221.76 2,604.17 8.77%

Middle East & Africa 1,421.97 1,341.19 1,423.30 3,096.04 9.02%

Total 21,061.46 19,859.49 21,069.60 45,717.85 8.99%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 57.66% in 2020, with a market value of USD 11,450.9 million; it is expected to register the highest CAGR of 9.38% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 3,302.1 million; it is projected to exhibit a CAGR of 8.06%.

TABLE 44 GEARBOX MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 1,136.00 1,057.81 1,104.13 2,057.76 7.16%

Europe 1,399.94 1,299.31 1,351.71 2,441.17 6.79%

Asia-Pacific 5,434.05 5,103.60 5,373.02 10,831.40 8.10%

Latin America 530.93 495.81 519.03 994.87 7.50%

Middle East & Africa 603.48 564.83 592.61 1,158.85 7.74%

Total 9,104.39 8,521.37 8,940.51 17,484.05 7.74%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 59.89%, accounting for 5,103.60 kilo tons in 2020; it is expected to register the highest CAGR of 8.10% from 2021 to 2030. Europe was the second-largest with a share of 15.25% in 2020, sized at 1,299.31 kilo tons; it is projected to exhibit a CAGR of 6.79%.

8.2.3 WHEELS

TABLE 45 WHEELS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 1,787.33 1,671.55 1,758.91 3,545.70 8.10%

Europe 2,084.22 1,944.77 2,041.67 4,021.76 7.82%

Asia-Pacific 6,480.87 6,118.72 6,499.88 14,279.43 9.14%

Latin America 670.06 629.18 664.74 1,391.16 8.55%

Middle East & Africa 858.23 807.46 854.80 1,821.27 8.77%

Total 11,880.72 11,171.68 11,820.00 25,059.32 8.71%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 54.77% in 2020, with a market value of USD 6,118.7 million; it is expected to register the highest CAGR of 9.14% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 1,944.8 million; it is projected to exhibit a CAGR of 7.82%.

TABLE 46 WHEELS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 707.27 656.41 682.91 1,238.13 6.83%

Europe 801.06 741.76 769.90 1,363.82 6.56%

Asia-Pacific 2,820.79 2,642.91 2,775.86 5,485.33 7.86%

Latin America 281.11 261.94 273.62 514.95 7.28%

Middle East & Africa 352.66 329.26 344.61 660.12 7.49%

Total 4,962.88 4,632.28 4,846.90 9,262.35 7.46%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 57.05%, accounting for 2,642.91 kilo tons in 2020; it is expected to register the highest CAGR of 7.86% from 2021 to 2030. Europe was the second-largest with a share of 16.01% in 2020, sized at 741.76 kilo tons; it is projected to exhibit a CAGR of 6.56%.

8.2.4 ENGINE BLOCKS

TABLE 47 ENGINE BLOCKS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 2,236.32 2,083.43 2,183.96 4,258.32 7.70%

Europe 2,726.77 2,533.41 2,648.30 5,026.47 7.38%

Asia-Pacific 9,222.49 8,670.70 9,172.55 19,433.56 8.70%

Latin America 862.66 806.81 849.06 1,716.90 8.14%

Middle East & Africa 1,117.29 1,046.82 1,103.60 2,267.99 8.33%

Total 16,165.54 15,141.16 15,957.47 32,703.24 8.30%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 57.27% in 2020, with a market value of USD 8,670.7 million; it is expected to register the highest CAGR of 8.70% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 2,533.4 million; it is projected to exhibit a CAGR of 7.38%.

TABLE 48 ENGINE BLOCKS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 903.31 835.14 865.55 1,517.85 6.44%

Europe 1,069.81 986.36 1,019.42 1,739.95 6.12%

Asia-Pacific 4,098.79 3,824.25 3,999.93 7,622.69 7.43%

Latin America 370.02 343.42 357.31 649.71 6.87%

Middle East & Africa 468.89 435.95 454.39 839.52 7.06%

Total 6,910.82 6,425.12 6,696.59 12,369.72 7.06%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 59.52%, accounting for 3,824.25 kilo tons in 2020; it is expected to register the highest CAGR of 7.43% from 2021 to 2030. Europe was the second-largest with a share of 15.35% in 2020, sized at 986.36 kilo tons; it is projected to exhibit a CAGR of 6.12%.

8.2.5 CYLINDER HEAD

TABLE 49 CYLINDER HEAD BLOCKS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 3,591.82 3,320.70 3,454.23 6,272.52 6.85%

Europe 4,378.47 4,037.58 4,188.98 7,416.32 6.55%

Asia-Pacific 14,749.12 13,762.73 14,449.65 28,550.23 7.86%

Latin America 1,483.49 1,377.02 1,438.17 2,711.78 7.30%

Middle East & Africa 1,798.73 1,672.68 1,750.17 3,355.04 7.50%

Total 26,001.63 24,170.70 25,281.20 48,305.89 7.46%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 56.94% in 2020, with a market value of USD 13,762.7 million; it is expected to register the highest CAGR of 7.86% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 4,037.6 million; it is projected to exhibit a CAGR of 6.55%.

TABLE 50 CYLINDER HEAD MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 1,435.88 1,317.38 1,354.87 2,212.75 5.60%

Europe 1,700.13 1,555.79 1,595.87 2,540.72 5.30%

Asia-Pacific 6,486.71 6,006.86 6,235.48 11,081.93 6.60%

Latin America 629.13 579.52 598.40 1,014.63 6.04%

Middle East & Africa 747.39 689.69 713.45 1,229.57 6.23%

Total 10,999.24 10,149.24 10,498.07 18,079.60 6.23%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 59.19%, accounting for 6,006.86 kilo tons in 2020; it is expected to register the highest CAGR of 6.60% from 2021 to 2030. Europe was the second-largest with a share of 15.33% in 2020, sized at 1,555.79 kilo tons; it is projected to exhibit a CAGR of 5.30%.

8.2.6 EXHAUST MANIFOLD

TABLE 51 EXHAUST MANIFOLD MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 963.89 892.50 929.82 1,713.50 7.03%

Europe 1,223.05 1,129.55 1,173.72 2,108.77 6.73%

Asia-Pacific 4,259.82 3,981.49 4,187.19 8,405.45 8.05%

Latin America 369.89 343.66 359.26 683.55 7.41%

Middle East & Africa 467.67 435.41 456.12 884.31 7.63%

Total 7,284.32 6,782.61 7,106.11 13,795.59 7.65%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 58.70% in 2020, with a market value of USD 3,981.5 million; it is expected to register the highest CAGR of 8.05% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 1,129.6 million; it is projected to exhibit a CAGR of 6.73%.

TABLE 52 EXHAUST MANIFOLD MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 377.55 346.92 357.34 592.26 5.77%

Europe 465.38 426.52 438.18 707.93 5.47%

Asia-Pacific 1,835.39 1,702.42 1,770.16 3,196.26 6.79%

Latin America 153.87 141.87 146.63 250.89 6.15%

Middle East & Africa 190.50 176.00 182.28 317.72 6.37%

Total 3,022.69 2,793.73 2,894.60 5,065.06 6.41%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 60.94%, accounting for 1,702.42 kilo tons in 2020; it is expected to register the highest CAGR of 6.79% from 2021 to 2030. Europe was the second-largest with a share of 15.27% in 2020, sized at 426.52 kilo tons; it is projected to exhibit a CAGR of 5.47%.

8.2.7 SEAT FRAME

TABLE 53 SEAT FRAME MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 1,167.18 1,084.48 1,133.78 2,158.15 7.41%

Europe 1,547.24 1,433.68 1,494.70 2,769.43 7.09%

Asia-Pacific 5,029.48 4,715.69 4,975.05 10,284.88 8.40%

Latin America 499.14 465.58 488.65 964.70 7.85%

Middle East & Africa 612.15 572.05 601.50 1,207.49 8.05%

Total 8,855.19 8,271.48 8,693.68 17,384.65 8.00%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 57.01% in 2020, with a market value of USD 4,715.7 million; it is expected to register the highest CAGR of 8.40% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 1,433.7 million; it is projected to exhibit a CAGR of 7.09%.

TABLE 54 SEAT FRAME MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 452.60 417.33 431.37 738.49 6.16%

Europe 582.85 535.95 552.43 920.44 5.84%

Asia-Pacific 2,145.24 1,996.10 2,082.11 3,871.69 7.14%

Latin America 205.33 190.06 197.22 350.13 6.59%

Middle East & Africa 246.69 228.76 237.81 429.19 6.78%

Total 3,632.70 3,368.19 3,500.94 6,309.93 6.76%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 59.26%, accounting for 1,996.10 kilo tons in 2020; it is expected to register the highest CAGR of 7.14% from 2021 to 2030. Europe was the second-largest with a share of 15.91% in 2020, sized at 535.95 kilo tons; it is projected to exhibit a CAGR of 5.84%.

8.2.8 OTHERS

TABLE 55 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 3,046.32 2,827.86 2,953.67 5,574.61 7.31%

Europe 3,344.28 3,094.72 3,222.13 5,897.58 6.95%

Asia-Pacific 10,642.87 9,967.78 10,504.28 21,494.25 8.28%

Latin America 1,099.25 1,024.01 1,073.36 2,093.87 7.71%

Middle East & Africa 1,377.51 1,285.69 1,350.24 2,680.21 7.92%

Total 19,510.22 18,200.06 19,103.68 37,740.52 7.86%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 54.77% in 2020, with a market value of USD 9,967.8 million; it is expected to register the highest CAGR of 8.28% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 3,094.7 million; it is projected to exhibit a CAGR of 6.95%.

TABLE 56 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 1,027.38 945.83 976.10 1,646.94 5.98%

Europe 1,075.36 986.72 1,014.89 1,657.92 5.60%

Asia-Pacific 3,836.37 3,562.75 3,709.03 6,774.14 6.92%

Latin America 385.10 355.73 368.36 641.47 6.36%

Middle East & Africa 474.59 439.23 455.70 807.50 6.56%

Total 6,798.80 6,290.25 6,524.09 11,527.96 6.53%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 56.64%, accounting for 3,562.75 kilo tons in 2020; it is expected to register the highest CAGR of 6.92% from 2021 to 2030. Europe was the second-largest with a share of 15.69% in 2020, sized at 986.72 kilo tons; it is projected to exhibit a CAGR of 5.60%.

8.3 BUILDING & CONSTRUCTION

The building and construction applications of metal castings include exterior columns of the covering, handrails, elevator panels, windows, doors, and other internal and external decoration components. The heavy-duty construction castings include maintenance hole covers, catch basins, fabricated grates, curb inlets, trench gates, bridge drains, valve boxes, and access hatches. Significant growth of the construction sector in Asia-Pacific and the Middle East & Africa is projected to boost demand for metal casted products and thus favor the growth of the segment in the years to follow.

8.3.1 BUILDING & CONSTRUCTION: MARKET ESTIMATES & FORECAST BY REGION,2022-2030

TABLE 57 BUILDING & CONSTRUCTION MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 6,114.61 5,660.52 5,896.21 10,866.59 7.03%

Europe 8,007.69 7,392.60 7,678.91 13,773.76 6.71%

Asia-Pacific 27,627.67 25,812.32 27,136.06 54,382.87 8.03%

Latin America 2,768.33 2,572.80 2,690.52 5,144.28 7.47%

Middle East & Africa 3,486.75 3,246.36 3,401.06 6,610.92 7.66%

Total 48,005.05 44,684.61 46,802.77 90,778.41 7.64%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 57.77% in 2020, with a market value of USD 25,812.3 million; it is expected to register the highest CAGR of 8.03% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 7,392.6 million; it is projected to exhibit a CAGR of 6.71%.

TABLE 58 BUILDING & CONSTRUCTION MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 2,346.23 2,155.45 2,219.83 3,679.46 5.78%

Europe 2,984.35 2,734.09 2,807.84 4,529.08 5.46%

Asia-Pacific 11,665.64 10,816.22 11,242.55 20,266.28 6.77%

Latin America 1,127.64 1,039.99 1,075.26 1,848.75 6.21%

Middle East & Africa 1,389.97 1,284.22 1,330.16 2,324.46 6.40%

Total 19,513.83 18,029.96 18,675.64 32,648.03 6.40%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 59.99%, accounting for 10,816.22 kilo tons in 2020; it is expected to register the highest CAGR of 6.77% from 2021 to 2030. Europe was the second-largest with a share of 15.16% in 2020, sized at 2,734.09 kilo tons; it is projected to exhibit a CAGR of 5.46%.

8.4 MINING

The mining industry requires casting components with high strength for explosion protection and require to be designed to last longer and work harder in mine operations. Some of the major metal cast products in the mining industry are bowl & mantle liners, crusher hammers, shovel bucket teeth, bucket lip, ball mill liners, impactor hammers, and jaw plates, among others. Growing mining activities across the globe for the production of various metals and coal are expected to favor the growth of the segment in the coming years.

8.4.1 MINING: MARKET ESTIMATES & FORECAST BY REGION,2022-2030

TABLE 59 MINING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 4,258.11 3,925.69 4,072.22 7,220.74 6.57%

Europe 5,386.64 4,953.46 5,125.08 8,862.66 6.27%

Asia-Pacific 15,265.42 14,183.61 14,828.01 28,204.29 7.41%

Latin America 1,671.69 1,546.52 1,609.84 2,948.62 6.96%

Middle East & Africa 2,098.65 1,944.70 2,027.65 3,769.51 7.13%

Total 28,680.52 26,553.97 27,662.80 51,005.82 7.03%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 53.41% in 2020, with a market value of USD 14,183.6 million; it is expected to register the highest CAGR of 7.41% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 4,953.5 million; it is projected to exhibit a CAGR of 6.27%.

TABLE 60 MINING MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 1,600.53 1,464.33 1,501.83 2,395.06 5.32%

Europe 1,966.07 1,794.17 1,835.32 2,854.06 5.03%

Asia-Pacific 6,310.90 5,819.05 6,014.75 10,290.43 6.15%

Latin America 667.13 612.46 630.32 1,038.17 5.70%

Middle East & Africa 820.43 754.42 777.67 1,299.74 5.87%

Total 11,365.06 10,444.43 10,759.89 17,877.47 5.80%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 55.71%, accounting for 5,819.05 kilo tons in 2020; it is expected to register the highest CAGR of 6.15% from 2021 to 2030. Europe was the second-largest with a share of 17.18% in 2020, sized at 1,794.17 kilo tons; it is projected to exhibit a CAGR of 5.03%.

8.5 EQUIPMENT & MACHINE

The equipment and machine segment held a market share of 14.50% in 2020 and is projected to be valued at USD 75,545.73 million by the end of 2030. The metal cast products for the industry include housings, valves, housing cover, compressor rear frame, impellers, spinners, hydraulic cylinder parts, cast iron supports for elevators, agricultural machinery brackets, pump bodies, and machine tools.

8.5.1 EQUIPMENT & MACHINE: MARKET ESTIMATES & FORECAST BY REGION,2022-2030

TABLE 61 EQUIPMENT & MACHINE MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 5,366.92 4,977.58 5,194.46 9,734.99 7.23%

Europe 7,060.06 6,527.88 6,791.23 12,353.55 6.87%

Asia-Pacific 21,723.44 20,328.96 21,406.18 43,531.83 8.21%

Latin America 2,367.96 2,204.64 2,309.63 4,487.54 7.66%

Middle East & Africa 2,811.96 2,622.79 2,752.71 5,437.82 7.86%

Total 39,330.34 36,661.85 38,454.21 75,545.73 7.79%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 55.45% in 2020, with a market value of USD 20,329.0 million; it is expected to register the highest CAGR of 8.21% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 6,527.9 million; it is projected to exhibit a CAGR of 6.87%.

TABLE 62 EQUIPMENT & MACHINE MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 2,038.01 1,875.76 1,935.38 3,262.17 5.97%

Europe 2,604.05 2,389.38 2,457.64 4,020.19 5.62%

Asia-Pacific 9,074.39 8,427.31 8,773.70 16,048.96 6.94%

Latin America 954.52 881.90 913.44 1,595.93 6.40%

Middle East & Africa 1,109.64 1,027.06 1,065.71 1,892.67 6.59%

Total 15,780.61 14,601.41 15,145.87 26,819.93 6.55%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 57.72%, accounting for 8,427.31 kilo tons in 2020; it is expected to register the highest CAGR of 6.94% from 2021 to 2030. Europe was the second-largest with a share of 16.36% in 2020, sized at 2,389.38 kilo tons; it is projected to exhibit a CAGR of 5.62%.

TABLE 63 METAL CASTING MARKET ESTIMATES & FORECAST, BY EQUIPMENT & MACHINE, 2022-2030

(USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 22,197.03 20,655.56 21,628.23 41,833.50 7.61%

Others 17,133.31 16,006.28 16,825.98 33,712.23 8.03%

Total 39,330.34 36,661.85 38,454.21 75,545.73 7.79%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 56.34% in 2020, with a market value of USD 20,655.6 million; it is expected to register a CAGR of 7.61% during the forecast period. The Others segment was valued at USD 16,006.3 million; it is projected to register a higher CAGR of 8.03%.

TABLE 64 METAL CASTING MARKET ESTIMATES & FORECAST, BY EQUIPMENT & MACHINE, 2022-2030

(KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 8,999.65 8,312.91 8,608.10 15,007.66 6.37%

Others 6,780.96 6,288.50 6,537.77 11,812.27 6.79%

Total 15,780.61 14,601.41 15,145.87 26,819.93 6.55%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 56.93%, accounting for 8,312.91 kilo tons in 2020; it is projected to exhibit a CAGR of 6.37%. The Others segment accounted for a share of 43.07% in 2020, sized at 6,288.50 kilo tons; it is projected to exhibit a higher CAGR of 6.79%.

8.5.2 PUMPS & VALVES

TABLE 65 PUMPS & VALVES MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 3,004.89 2,781.89 2,897.88 5,342.82 7.03%

Europe 3,947.28 3,643.16 3,783.29 6,769.96 6.68%

Asia-Pacific 12,342.82 11,530.81 12,121.08 24,270.01 8.02%

Latin America 1,340.87 1,246.19 1,303.23 2,491.84 7.47%

Middle East & Africa 1,561.17 1,453.51 1,522.74 2,958.87 7.66%

Total 22,197.03 20,655.56 21,628.23 41,833.50 7.61%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 55.82% in 2020, with a market value of USD 11,530.8 million; it is expected to register the highest CAGR of 8.02% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 3,643.2 million; it is projected to exhibit a CAGR of 6.68%.

TABLE 66 PUMPS & VALVES MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 1,152.56 1,058.90 1,090.58 1,808.40 5.78%

Europe 1,470.66 1,346.99 1,382.98 2,225.43 5.43%

Asia-Pacific 5,208.13 4,828.50 5,018.38 9,038.34 6.76%

Latin America 545.91 503.48 520.57 895.05 6.21%

Middle East & Africa 622.39 575.03 595.59 1,040.43 6.39%

Total 8,999.65 8,312.91 8,608.10 15,007.66 6.37%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 58.08%, accounting for 4,828.50 kilo tons in 2020; it is expected to register the highest CAGR of 6.76% from 2021 to 2030. Europe was the second-largest with a share of 16.20% in 2020, sized at 1,346.99 kilo tons; it is projected to exhibit a CAGR of 5.43%.

8.5.3 OTHERS

TABLE 67 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 2,362.03 2,195.68 2,296.58 4,392.17 7.47%

Europe 3,112.78 2,884.72 3,007.94 5,583.59 7.11%

Asia-Pacific 9,380.62 8,798.15 9,285.10 19,261.82 8.45%

Latin America 1,027.09 958.45 1,006.40 1,995.70 7.90%

Middle East & Africa 1,250.78 1,169.28 1,229.97 2,478.95 8.10%

Total 17,133.31 16,006.28 16,825.98 33,712.23 8.03%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 54.97% in 2020, with a market value of USD 8,798.2 million; it is expected to register the highest CAGR of 8.45% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 2,884.7 million; it is projected to exhibit a CAGR of 7.11%.

TABLE 68 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 885.45 816.87 844.79 1,453.77 6.22%

Europe 1,133.39 1,042.38 1,074.67 1,794.76 5.86%

Asia-Pacific 3,866.26 3,598.81 3,755.32 7,010.62 7.18%

Latin America 408.62 378.42 392.87 700.89 6.64%

Middle East & Africa 487.25 452.03 470.12 852.23 6.83%

Total 6,780.96 6,288.50 6,537.77 11,812.27 6.79%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 57.23%, accounting for 3,598.81 kilo tons in 2020; it is expected to register the highest CAGR of 7.18% from 2021 to 2030. Europe was the second-largest with a share of 16.58% in 2020, sized at 1,042.38 kilo tons; it is projected to exhibit a CAGR of 5.86%.

8.6 CONSUMER GOODS

Consumer electronic components are among the most complicated parts to be manufactured using die casting and require high accuracy and excellent surface finishes and coatings. Bezel for smartwatches, camera chassis, camera housings, coupling on consumer printer, tablet frame, heat sinks for waterproof cameras, cell phone frame, and phone front covers are the major consumer goods manufactured through die casting. The growing consumer electronics market and high precision achieved through the metal casting process are likely to favor the market growth in the years to follow

8.6.1 CONSUMER GOODS: MARKET ESTIMATES & FORECAST BY REGION,2022-2030

TABLE 69 CONSUMER GOODS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 3,950.06 3,650.77 3,796.57 6,892.72 6.85%

Europe 4,732.00 4,360.49 4,521.01 7,972.89 6.51%

Asia-Pacific 16,979.17 15,839.93 16,627.41 32,870.05 7.87%

Latin America 1,615.67 1,498.53 1,563.92 2,935.13 7.25%

Middle East & Africa 1,846.69 1,715.11 1,792.38 3,404.96 7.39%

Total 29,123.58 27,064.83 28,301.30 54,075.74 7.46%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 58.53% in 2020, with a market value of USD 15,839.9 million; it is expected to register the highest CAGR of 7.87% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 4,360.5 million; it is projected to exhibit a CAGR of 6.51%.

TABLE 70 CONSUMER GOODS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 1,469.83 1,348.12 1,386.11 2,263.30 5.60%

Europe 1,710.23 1,563.93 1,603.15 2,542.34 5.26%

Asia-Pacific 6,952.94 6,437.09 6,680.84 11,879.64 6.60%

Latin America 637.83 587.07 605.75 1,022.28 5.99%

Middle East & Africa 714.73 658.71 680.58 1,162.33 6.13%

Total 11,485.55 10,594.92 10,956.44 18,869.88 6.23%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 60.76%, accounting for 6,437.09 kilo tons in 2020; it is expected to register the highest CAGR of 6.60% from 2021 to 2030. Europe was the second-largest with a share of 14.76% in 2020, sized at 1,563.93 kilo tons; it is projected to exhibit a CAGR of 5.26%.

8.7 OTHERS

The others segment includes the medical and food & beverage industries

8.7.1 OTHERS: MARKET ESTIMATES & FORECAST BY REGION,2022-2030

TABLE 71 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 1,791.43 1,645.17 1,699.86 2,900.85 6.12%

Europe 2,530.34 2,319.52 2,392.21 4,010.36 5.91%

Asia-Pacific 8,996.62 8,349.85 8,719.47 16,407.96 7.28%

Latin America 822.20 758.60 787.51 1,404.95 6.64%

Middle East & Africa 1,276.57 1,181.77 1,230.95 2,266.70 7.02%

Total 15,417.15 14,254.89 14,830.00 26,990.82 6.88%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 58.58% in 2020, with a market value of USD 8,349.8 million; it is expected to register the highest CAGR of 7.28% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 2,319.5 million; it is projected to exhibit a CAGR of 5.91%.

TABLE 72 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 671.03 609.44 620.39 918.77 4.46%

Europe 911.73 827.04 840.88 1,231.88 4.33%

Asia-Pacific 3,696.23 3,394.77 3,494.91 5,748.19 5.68%

Latin America 323.83 295.54 302.34 469.34 5.01%

Middle East & Africa 493.64 452.30 464.56 749.50 5.46%

Total 6,096.45 5,579.09 5,723.08 9,117.68 5.31%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 60.85%, accounting for 3,394.77 kilo tons in 2020; it is expected to register the highest CAGR of 5.68% from 2021 to 2030. Europe was the second-largest with a share of 14.82% in 2020, sized at 827.04 kilo tons; it is projected to exhibit a CAGR of 4.33%.

9 GLOBAL METAL CASTING MARKET,

BY REGION

9.1 OVERVIEW

Based on region, the global metal castings market has been divided into Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa. Asia-Pacific accounted for the largest market share of 56.63% in 2020, with a market value of USD 143,182.72 million, and is projected to record the highest CAGR of 8.16% during the forecast period. Asia-Pacific has been segmented into China, India, Japan, South Korea, Australia & New Zealand, and the rest of Asia-Pacific. The high growth in the region is attributed to rapid population growth, urbanization, and factors such as the presence of a large number of producers, cheap labor costs, and growing application segments in the region. China was the largest producer and consumer of metal casting in 2020. India has also witnessed a rapid increase in consumption over the past few years. Moreover, increasing capacity addition in Southeast Asia, including Singapore and Thailand, South Korea, and China, is likely to project a positive outlook for the growth of the Asia-Pacific market.

The market in Europe accounted for the second-largest market share of 17.02% in 2020 and is anticipated to rise at a considerable rate with a CAGR of 6.84% over the forecast period. The European market has been segmented into Germany, the UK, France, Spain, Italy, Russia, and the rest of Europe. The growth in this region is attributed to the large-scale production of motor vehicles, and the sector represents the largest private investor in research and development (R&D).

North America accounted for the 13.59% share of the global metal casting market in 2020 and is expected to register a CAGR of 7.18% during the forecast period and reach a market value of USD 66,851.44 million by 2030. The North American market has been divided into the US and Canada. The US is the second-largest consumer of Metal Casting, followed by China. The growth in the US is due to the presence of large-scale end-use industries, extensive technological and R&D capabilities, and widespread production facilities. Henceforth, the US is expected to drive regional growth during the assessment period. Moreover, Latin America and Middle East & Africa accounted for merely a single-digit market share of around 5.69% and 7.07%, respectively.

FIGURE 21 GLOBAL METAL CASTING MARKET, BY REGION, 2022-2030 (USD MILLION)

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

TABLE 73 GLOBAL METAL CASTING MARKET, BY REGION, 2022-2030 (USD MILLION)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 37,057.02 34,351.61 35,830.57 66,851.44 7.18%

Europe 46,551.42 43,029.76 44,752.52 81,191.68 6.84%

Asia-Pacific 153,076.59 143,182.72 150,698.81 305,171.55 8.16%

Latin America 15,456.52 14,381.23 15,056.41 29,086.65 7.59%

Middle East & Africa 19,174.17 17,872.02 18,744.49 36,802.28 7.78%

Total 271,315.72 252,817.33 265,082.81 519,103.59 7.75%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific accounted for the largest market share of 56.63% in 2020, with a market value of USD 143,182.7 million; it is expected to register the highest CAGR of 8.16% during the forecast period. Europe accounted for the second largest market share in 2020, valued at USD 43,029.8 million; it is projected to exhibit a CAGR of 6.84%.

FIGURE 22 GLOBAL METAL CASTING MARKET, BY REGION, 2022-2030 (KILO TONS)

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

TABLE 74 GLOBAL METAL CASTING MARKET, BY REGION, 2022-2030 (KILO TONS)

Region 2019 2020 2021 2030 CAGR (2022-2030)

North America 14,165.61 13,029.92 13,435.81 22,522.93 5.91%

Europe 17,270.95 15,841.01 16,287.24 26,549.50 5.58%

Asia-Pacific 64,357.43 59,733.32 62,152.35 113,096.95 6.88%

Latin America 6,266.44 5,785.32 5,987.70 10,391.13 6.32%

Middle East & Africa 7,612.60 7,040.44 7,299.53 12,871.14 6.50%

Total 109,673.03 101,430.00 105,162.62 185,431.66 6.50%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Asia-Pacific dominated the market with a share of 58.89%, accounting for 59,733.32 kilo tons in 2020; it is expected to register the highest CAGR of 6.88% from 2021 to 2030. Europe was the second-largest with a share of 15.62% in 2020, sized at 15,841.01 kilo tons; it is projected to exhibit a CAGR of 5.58%.

9.2 NORTH AMERICA

FIGURE 23 NORTH AMERICA: METAL CASTING MARKET SHARE, BY COUNTRY, 2020 (% SHARE)

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

TABLE 75 NORTH AMERICA: METAL CASTING MARKET, BY COUNTRY, 2022-2030 (USD MILLION)

Country 2019 2020 2021 2030 CAGR (2022-2030)

US 30,868.92 28,644.60 29,908.44 56,315.66 7.28%

Canada 6,188.10 5,707.01 5,922.13 10,535.78 6.61%

Total 37,057.02 34,351.61 35,830.57 66,851.44 7.18%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The US market accounted for a larger market share of 83.39% in 2020, with a market value of USD 28,644.6 million; it is expected to register a higher CAGR of 7.28% during the forecast period. Canada market accounted for a market share of USD 5,707.0 million; in 2020, it is projected to exhibit a CAGR of 6.61%.

TABLE 76 NORTH AMERICA: METAL CASTING MARKET, BY COUNTRY, 2022-2030 (KILO TONS)

Country 2019 2020 2021 2030 CAGR (2022-2030)

US 11,812.12 10,876.19 11,226.41 18,991.54 6.02%

Canada 2,353.49 2,153.73 2,209.39 3,531.39 5.35%

Total 14,165.61 13,029.92 13,435.81 22,522.93 5.91%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The US market dominated the market with a share of 83.47%, accounting for 10,876.19 kilo tons in 2020; it is expected to register a higher CAGR of 6.02% from 2021 to 2030. Canada market had a share of 16.53% in 2020, sized at 2,153.73 kilo tons; it is projected to exhibit a CAGR of 5.35%.

TABLE 77 NORTH AMERICA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 19,245.30 17,780.88 18,484.49 33,449.03 6.81%

Aluminium 7,906.35 7,407.81 7,808.79 15,945.55 8.26%

Stainless Steel 3,838.75 3,590.94 3,779.37 7,618.87 8.10%

Zinc 1,169.90 1,087.81 1,138.10 2,181.44 7.50%

Magnesium 827.06 765.04 796.27 1,456.98 6.94%

Carbon Steel 681.73 625.19 645.05 1,085.13 5.95%

High Steel Alloy 939.73 866.45 898.89 1,595.48 6.58%

Others 2,448.19 2,227.47 2,279.60 3,518.95 4.94%

Total 37,057.02 34,351.61 35,830.57 66,851.44 7.18%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 51.76% in 2020, with a market value of USD 17,780.9 million; it is expected to register a CAGR of 6.81% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 7,407.8 million; it is projected to register the highest CAGR of 8.26%.

TABLE 78 NORTH AMERICA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 7,462.67 6,842.30 7,032.67 11,445.68 5.56%

Aluminium 3,002.56 2,791.80 2,909.67 5,343.73 6.99%

Stainless Steel 1,386.41 1,287.03 1,339.26 2,428.18 6.83%

Zinc 435.28 401.65 415.47 716.23 6.24%

Magnesium 305.84 280.75 288.91 475.44 5.69%

Carbon Steel 263.01 239.36 244.17 369.43 4.71%

High Steel Alloy 360.55 329.90 338.38 540.18 5.33%

Others 949.28 857.12 867.27 1,204.07 3.71%

Total 14,165.61 13,029.92 13,435.81 22,522.93 5.91%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 52.51%, accounting for 6,842.30 kilo tons in 2020; it is projected to exhibit a CAGR of 5.56%. The aluminium segment was the second-largest with a share of 21.43% in 2020, sized at 2,791.80 kilo tons; it is projected to exhibit the highest CAGR of 6.99%.

TABLE 79 NORTH AMERICA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 18,350.72 17,055.13 17,835.44 34,048.73 7.45%

Die Casting 8,665.86 8,087.93 8,493.22 16,803.66 7.88%

Shell Mold Casting 2,656.85 2,448.82 2,539.58 4,492.19 6.54%

Gravity Casting 2,124.10 1,922.77 1,957.31 2,842.73 4.23%

Vacuum Casting 1,317.99 1,199.90 1,228.76 1,910.11 5.02%

Investment Casting 2,087.09 1,931.11 2,010.48 3,687.89 6.97%

Others 1,854.40 1,705.95 1,765.78 3,066.12 6.32%

Total 37,057.02 34,351.61 35,830.57 66,851.44 7.18%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 49.65% in 2020, with a market value of USD 17,055.1 million; it is expected to register a CAGR of 7.45% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 8,087.9 million; it is projected to register the highest CAGR of 7.88%.

TABLE 80 NORTH AMERICA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 7,268.59 6,703.95 6,931.45 11,901.09 6.19%

Die Casting 3,291.13 3,048.24 3,164.82 5,631.50 6.61%

Shell Mold Casting 1,030.13 942.23 966.11 1,536.98 5.29%

Gravity Casting 782.58 703.01 707.55 924.26 3.01%

Vacuum Casting 476.03 430.07 435.44 608.80 3.79%

Investment Casting 776.65 713.13 734.05 1,211.01 5.72%

Others 540.51 489.28 496.38 709.29 4.05%

Total 14,165.61 13,029.92 13,435.81 22,522.93 5.91%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 51.45%, accounting for 6,703.95 kilo tons in 2020; it is projected to exhibit a CAGR of 6.19%. The die casting segment was the second-largest with a share of 23.39% in 2020, sized at 3,048.24 kilo tons; it is projected to exhibit the highest CAGR of 6.61%.

TABLE 81 NORTH AMERICA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 15,575.89 14,491.89 15,171.24 29,235.55 7.56%

Building & Construction 6,114.61 5,660.52 5,896.21 10,866.59 7.03%

Mining 4,258.11 3,925.69 4,072.22 7,220.74 6.57%

Equipment & Machine 5,366.92 4,977.58 5,194.46 9,734.99 7.23%

Consumer Goods 3,950.06 3,650.77 3,796.57 6,892.72 6.85%

Others 1,791.43 1,645.17 1,699.86 2,900.85 6.12%

Total 37,057.02 34,351.61 35,830.57 66,851.44 7.18%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 42.19% in 2020, with a market value of USD 14,491.9 million; it is expected to register the highest CAGR of 7.56% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 5,660.5 million; it is projected to exhibit a CAGR of 7.03%.

TABLE 82 NORTH AMERICA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 6,039.98 5,576.82 5,772.27 10,004.17 6.30%

Building & Construction 2,346.23 2,155.45 2,219.83 3,679.46 5.78%

Mining 1,600.53 1,464.33 1,501.83 2,395.06 5.32%

Equipment & Machine 2,038.01 1,875.76 1,935.38 3,262.17 5.97%

Consumer Goods 1,469.83 1,348.12 1,386.11 2,263.30 5.60%

Others 671.03 609.44 620.39 918.77 4.46%

Total 14,165.61 13,029.92 13,435.81 22,522.93 5.91%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 42.80%, accounting for 5,576.82 kilo tons in 2020; it is expected to register the highest CAGR of 6.30% from 2021 to 2030. The building & construction segment was the second-largest with a share of 16.54% in 2020, sized at 2,155.45 kilo tons; it is projected to exhibit a CAGR of 5.78%.

TABLE 83 NORTH AMERICA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030

(USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 2,783.02 2,611.38 2,756.87 5,712.77 8.43%

Wheels 1,787.33 1,671.55 1,758.91 3,545.70 8.10%

Engine Blocks 2,236.32 2,083.43 2,183.96 4,258.32 7.70%

Cylinder Head 3,591.82 3,320.70 3,454.23 6,272.52 6.85%

Exhaust Manifold 963.89 892.50 929.82 1,713.50 7.03%

Seat Frame 1,167.18 1,084.48 1,133.78 2,158.15 7.41%

Others 3,046.32 2,827.86 2,953.67 5,574.61 7.31%

Total 15,575.89 14,491.89 15,171.24 29,235.55 7.56%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 22.91% in 2020, with a market value of USD 3,320.7 million; it is expected to register a CAGR of 6.85% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 2,611.4 million; it is projected to register the highest CAGR of 8.43%.

TABLE 84 NORTH AMERICA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030

(KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 1,136.00 1,057.81 1,104.13 2,057.76 7.16%

Wheels 707.27 656.41 682.91 1,238.13 6.83%

Engine Blocks 903.31 835.14 865.55 1,517.85 6.44%

Cylinder Head 1,435.88 1,317.38 1,354.87 2,212.75 5.60%

Exhaust Manifold 377.55 346.92 357.34 592.26 5.77%

Seat Frame 452.60 417.33 431.37 738.49 6.16%

Others 1,027.38 945.83 976.10 1,646.94 5.98%

Total 6,039.98 5,576.82 5,772.27 10,004.17 6.30%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 23.62%, accounting for 1,317.38 kilo tons in 2020; it is projected to exhibit a CAGR of 5.60%. The Gearbox segment was the second-largest with a share of 18.97% in 2020, sized at 1,057.81 kilo tons; it is projected to exhibit the highest CAGR of 7.16%.

TABLE 85 NORTH AMERICA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 3,004.89 2,781.89 2,897.88 5,342.82 7.03%

Others 2,362.03 2,195.68 2,296.58 4,392.17 7.47%

Total 5,366.92 4,977.58 5,194.46 9,734.99 7.23%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 55.89% in 2020, with a market value of USD 2,781.9 million; it is expected to register a CAGR of 7.03% during the forecast period. The Others segment was valued at USD 2,195.7 million; it is projected to register a higher CAGR of 7.47%.

TABLE 86 NORTH AMERICA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 1,152.56 1,058.90 1,090.58 1,808.40 5.78%

Others 885.45 816.87 844.79 1,453.77 6.22%

Total 2,038.01 1,875.76 1,935.38 3,262.17 5.97%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 56.45%, accounting for 1,058.90 kilo tons in 2020; it is projected to exhibit a CAGR of 5.78%. The Others segment accounted for a share of 43.55% in 2020, sized at 816.87 kilo tons; it is projected to exhibit a higher CAGR of 6.22%.

9.2.1 US

TABLE 87 US: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 16,065.81 14,858.47 15,462.18 28,236.35 6.92%

Aluminium 6,583.80 6,175.01 6,515.96 13,428.63 8.37%

Stainless Steel 3,219.48 3,014.44 3,175.57 6,455.55 8.20%

Zinc 958.78 892.53 934.88 1,810.54 7.62%

Magnesium 665.62 616.41 642.29 1,187.24 7.06%

Carbon Steel 587.36 539.30 557.11 947.60 6.08%

High Steel Alloy 761.51 702.85 729.90 1,307.40 6.69%

Others 2,026.57 1,845.60 1,890.55 2,942.35 5.04%

Total 30,868.92 28,644.60 29,908.44 56,315.66 7.28%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 51.87% in 2020, with a market value of USD 14,858.5 million; it is expected to register a CAGR of 6.92% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 6,175.0 million; it is projected to register the highest CAGR of 8.37%.

TABLE 88 US: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 6,235.97 5,723.37 5,888.58 9,671.05 5.67%

Aluminium 2,502.82 2,329.52 2,430.36 4,504.52 7.10%

Stainless Steel 1,163.88 1,081.45 1,126.38 2,059.31 6.93%

Zinc 357.12 329.91 341.65 595.06 6.36%

Magnesium 246.43 226.47 233.31 387.85 5.81%

Carbon Steel 226.79 206.65 211.06 322.86 4.84%

High Steel Alloy 292.50 267.91 275.08 443.13 5.44%

Others 786.61 710.91 719.99 1,007.76 3.81%

Total 11,812.12 10,876.19 11,226.41 18,991.54 6.02%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 52.62%, accounting for 5,723.37 kilo tons in 2020; it is projected to exhibit a CAGR of 5.67%. The aluminium segment was the second-largest with a share of 21.42% in 2020, sized at 2,329.52 kilo tons; it is projected to exhibit the highest CAGR of 7.10%.

TABLE 89 US: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 15,224.81 14,164.86 14,828.56 28,576.82 7.56%

Die Casting 7,275.15 6,796.29 7,143.51 14,252.38 7.98%

Shell Mold Casting 2,170.00 2,002.11 2,078.42 3,709.94 6.65%

Gravity Casting 1,821.77 1,651.67 1,684.01 2,484.76 4.42%

Vacuum Casting 1,112.91 1,014.41 1,040.06 1,634.89 5.15%

Investment Casting 1,762.18 1,632.08 1,700.82 3,147.28 7.08%

Others 1,502.11 1,383.19 1,433.06 2,509.60 6.42%

Total 30,868.92 28,644.60 29,908.44 56,315.66 7.28%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 49.45% in 2020, with a market value of USD 14,164.9 million; it is expected to register a CAGR of 7.56% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 6,796.3 million; it is projected to register the highest CAGR of 7.98%.

TABLE 90 US: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 6,036.62 5,573.53 5,768.72 9,998.15 6.30%

Die Casting 2,765.63 2,563.90 2,664.42 4,780.84 6.71%

Shell Mold Casting 842.29 771.20 791.54 1,270.67 5.40%

Gravity Casting 671.77 604.40 609.27 808.49 3.19%

Vacuum Casting 402.33 363.93 368.91 521.53 3.92%

Investment Casting 656.36 603.26 621.57 1,034.40 5.82%

Others 437.13 395.97 401.98 577.47 4.11%

Total 11,812.12 10,876.19 11,226.41 18,991.54 6.02%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 51.25%, accounting for 5,573.53 kilo tons in 2020; it is projected to exhibit a CAGR of 6.30%. The die casting segment was the second-largest with a share of 23.57% in 2020, sized at 2,563.90 kilo tons; it is projected to exhibit the highest CAGR of 6.71%.

TABLE 91 US: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 13,080.22 12,181.50 12,764.69 24,809.16 7.66%

Building & Construction 5,058.72 4,687.96 4,888.29 9,094.13 7.14%

Mining 3,520.07 3,248.58 3,373.28 6,036.34 6.68%

Equipment & Machine 4,397.27 4,082.84 4,265.51 8,074.47 7.35%

Consumer Goods 3,306.50 3,059.07 3,184.46 5,834.04 6.96%

Others 1,506.15 1,384.65 1,432.20 2,467.53 6.23%

Total 30,868.92 28,644.60 29,908.44 56,315.66 7.28%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 42.53% in 2020, with a market value of USD 12,181.5 million; it is expected to register the highest CAGR of 7.66% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 4,688.0 million; it is projected to exhibit a CAGR of 7.14%.

TABLE 92 US: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 5,077.10 4,692.22 4,861.28 8,497.22 6.40%

Building & Construction 1,943.09 1,786.96 1,842.25 3,082.33 5.89%

Mining 1,324.49 1,213.02 1,245.35 2,004.18 5.43%

Equipment & Machine 1,671.61 1,540.25 1,590.97 2,708.51 6.09%

Consumer Goods 1,231.57 1,130.72 1,163.76 1,917.44 5.70%

Others 564.25 513.02 522.80 781.86 4.57%

Total 11,812.12 10,876.19 11,226.41 18,991.54 6.02%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 43.14%, accounting for 4,692.22 kilo tons in 2020; it is expected to register the highest CAGR of 6.40% from 2021 to 2030. The building & construction segment was the second-largest with a share of 16.43% in 2020, sized at 1,786.96 kilo tons; it is projected to exhibit a CAGR of 5.89%.

TABLE 93 US: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 2,339.45 2,197.22 2,321.82 4,852.02 8.53%

Wheels 1,515.80 1,418.81 1,494.25 3,035.47 8.19%

Engine Blocks 1,870.27 1,744.11 1,830.06 3,599.73 7.81%

Cylinder Head 3,005.62 2,781.39 2,895.97 5,303.67 6.95%

Exhaust Manifold 807.90 748.77 780.83 1,451.28 7.13%

Seat Frame 976.38 908.08 950.27 1,824.60 7.52%

Others 2,564.80 2,383.12 2,491.49 4,742.38 7.41%

Total 13,080.22 12,181.50 12,764.69 24,809.16 7.66%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 22.83% in 2020, with a market value of USD 2,781.4 million; it is expected to register a CAGR of 6.95% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 2,197.2 million; it is projected to register the highest CAGR of 8.53%.

TABLE 94 US: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 955.85 890.90 930.78 1,749.30 7.26%

Wheels 600.37 557.67 580.68 1,060.88 6.93%

Engine Blocks 756.20 699.81 726.00 1,284.29 6.54%

Cylinder Head 1,202.72 1,104.50 1,137.01 1,872.71 5.70%

Exhaust Manifold 316.75 291.33 300.37 502.09 5.87%

Seat Frame 378.98 349.78 361.90 624.93 6.26%

Others 866.23 798.22 824.55 1,403.03 6.08%

Total 5,077.10 4,692.22 4,861.28 8,497.22 6.40%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 23.54%, accounting for 1,104.50 kilo tons in 2020; it is projected to exhibit a CAGR of 5.70%. The Gearbox segment was the second-largest with a share of 18.99% in 2020, sized at 890.90 kilo tons; it is projected to exhibit the highest CAGR of 7.26%.

TABLE 95 US: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 2,448.29 2,269.18 2,366.49 4,407.74 7.16%

Others 1,948.97 1,813.65 1,899.02 3,666.73 7.58%

Total 4,397.27 4,082.84 4,265.51 8,074.47 7.35%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 55.58% in 2020, with a market value of USD 2,269.2 million; it is expected to register a CAGR of 7.16% during the forecast period. The Others segment was valued at USD 1,813.7 million; it is projected to register a higher CAGR of 7.58%.

TABLE 96 US: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 940.12 864.70 891.58 1,493.47 5.90%

Others 731.50 675.55 699.39 1,215.04 6.33%

Total 1,671.61 1,540.25 1,590.97 2,708.51 6.09%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 56.14%, accounting for 864.70 kilo tons in 2020; it is projected to exhibit a CAGR of 5.90%. The Others segment accounted for a share of 43.86% in 2020, sized at 675.55 kilo tons; it is projected to exhibit a higher CAGR of 6.33%.

9.2.2 CANADA

TABLE 97 CANADA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 3,179.49 2,922.41 3,022.31 5,212.68 6.24%

Aluminium 1,322.55 1,232.80 1,292.84 2,516.93 7.68%

Stainless Steel 619.27 576.50 603.80 1,163.32 7.56%

Zinc 211.13 195.28 203.22 370.90 6.91%

Magnesium 161.44 148.64 153.98 269.74 6.43%

Carbon Steel 94.37 85.89 87.95 137.53 5.09%

High Steel Alloy 178.22 163.61 168.99 288.07 6.11%

Others 421.62 381.88 389.05 576.61 4.47%

Total 6,188.10 5,707.01 5,922.13 10,535.78 6.61%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 51.21% in 2020, with a market value of USD 2,922.4 million; it is expected to register a CAGR of 6.24% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 1,232.8 million; it is projected to register the highest CAGR of 7.68%.

TABLE 98 CANADA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 1,226.71 1,118.92 1,144.09 1,774.63 5.00%

Aluminium 499.74 462.28 479.31 839.21 6.42%

Stainless Steel 222.53 205.58 212.88 368.87 6.30%

Zinc 78.16 71.75 73.82 121.17 5.66%

Magnesium 59.41 54.28 55.60 87.59 5.18%

Carbon Steel 36.22 32.71 33.12 46.58 3.86%

High Steel Alloy 68.05 61.99 63.30 97.05 4.86%

Others 162.67 146.21 147.27 196.30 3.24%

Total 2,353.49 2,153.73 2,209.39 3,531.39 5.35%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 51.95%, accounting for 1,118.92 kilo tons in 2020; it is projected to exhibit a CAGR of 5.00%. The aluminium segment was the second-largest with a share of 21.46% in 2020, sized at 462.28 kilo tons; it is projected to exhibit the highest CAGR of 6.42%.

TABLE 99 CANADA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 3,125.91 2,890.27 3,006.88 5,471.91 6.88%

Die Casting 1,390.72 1,291.64 1,349.71 2,551.28 7.33%

Shell Mold Casting 486.86 446.71 461.16 782.25 6.05%

Gravity Casting 302.34 271.10 273.30 357.98 3.04%

Vacuum Casting 205.08 185.49 188.70 275.23 4.28%

Investment Casting 324.91 299.03 309.66 540.61 6.39%

Others 352.29 322.77 332.72 556.52 5.88%

Total 6,188.10 5,707.01 5,922.13 10,535.78 6.61%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 50.64% in 2020, with a market value of USD 2,890.3 million; it is expected to register a CAGR of 6.88% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 1,291.6 million; it is projected to register the highest CAGR of 7.33%.

TABLE 100 CANADA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 1,231.97 1,130.42 1,162.73 1,902.94 5.63%

Die Casting 525.50 484.34 500.40 850.66 6.07%

Shell Mold Casting 187.84 171.03 174.57 266.31 4.80%

Gravity Casting 110.81 98.61 98.29 115.78 1.84%

Vacuum Casting 73.69 66.15 66.53 87.27 3.06%

Investment Casting 120.29 109.86 112.48 176.61 5.14%

Others 103.38 93.31 94.40 131.81 3.78%

Total 2,353.49 2,153.73 2,209.39 3,531.39 5.35%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 52.49%, accounting for 1,130.42 kilo tons in 2020; it is projected to exhibit a CAGR of 5.63%. The die casting segment was the second-largest with a share of 22.49% in 2020, sized at 484.34 kilo tons; it is projected to exhibit the highest CAGR of 6.07%.

TABLE 101 CANADA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 2,495.68 2,310.39 2,406.55 4,426.40 7.01%

Building & Construction 1,055.89 972.55 1,007.92 1,772.46 6.47%

Mining 738.05 677.11 698.94 1,184.40 6.04%

Equipment & Machine 969.65 894.74 928.96 1,660.52 6.67%

Consumer Goods 643.56 591.70 612.11 1,058.68 6.28%

Others 285.28 260.51 267.66 433.32 5.50%

Total 6,188.10 5,707.01 5,922.13 10,535.78 6.61%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 40.48% in 2020, with a market value of USD 2,310.4 million; it is expected to register the highest CAGR of 7.01% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 972.6 million; it is projected to exhibit a CAGR of 6.47%.

TABLE 102 CANADA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 962.88 884.60 911.00 1,506.94 5.75%

Building & Construction 403.14 368.49 377.57 597.14 5.23%

Mining 276.03 251.31 256.48 390.88 4.79%

Equipment & Machine 366.39 335.51 344.40 553.66 5.42%

Consumer Goods 238.26 217.39 222.35 345.86 5.03%

Others 106.78 96.42 97.59 136.91 3.83%

Total 2,353.49 2,153.73 2,209.39 3,531.39 5.35%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 41.07%, accounting for 884.60 kilo tons in 2020; it is expected to register the highest CAGR of 5.75% from 2021 to 2030. The building & construction segment was the second-largest with a share of 17.11% in 2020, sized at 368.49 kilo tons; it is projected to exhibit a CAGR of 5.23%.

TABLE 103 CANADA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 443.57 414.15 435.05 860.74 7.88%

Wheels 271.53 252.73 264.67 510.23 7.57%

Engine Blocks 366.05 339.32 353.90 658.58 7.14%

Cylinder Head 586.20 539.31 558.26 968.85 6.32%

Exhaust Manifold 155.99 143.73 148.99 262.22 6.48%

Seat Frame 190.81 176.41 183.51 333.55 6.86%

Others 481.52 444.74 462.17 832.23 6.75%

Total 2,495.68 2,310.39 2,406.55 4,426.40 7.01%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 23.34% in 2020, with a market value of USD 539.3 million; it is expected to register a CAGR of 6.32% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 414.2 million; it is projected to register the highest CAGR of 7.88%.

TABLE 104 CANADA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 180.15 166.92 173.35 308.46 6.61%

Wheels 106.90 98.74 102.23 177.25 6.31%

Engine Blocks 147.11 135.33 139.55 233.55 5.89%

Cylinder Head 233.16 212.88 217.86 340.04 5.07%

Exhaust Manifold 60.79 55.59 56.97 90.17 5.23%

Seat Frame 73.62 67.54 69.47 113.55 5.61%

Others 161.15 147.60 151.55 243.92 5.43%

Total 962.88 884.60 911.00 1,506.94 5.75%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 24.06%, accounting for 212.88 kilo tons in 2020; it is projected to exhibit a CAGR of 5.07%. The Gearbox segment was the second-largest with a share of 18.87% in 2020, sized at 166.92 kilo tons; it is projected to exhibit the highest CAGR of 6.61%.

TABLE 105 CANADA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 556.59 512.71 531.40 935.08 6.48%

Others 413.06 382.03 397.56 725.44 6.91%

Total 969.65 894.74 928.96 1,660.52 6.67%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 57.30% in 2020, with a market value of USD 512.7 million; it is expected to register a CAGR of 6.48% during the forecast period. The Others segment was valued at USD 382.0 million; it is projected to register a higher CAGR of 6.91%.

TABLE 106 CANADA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 212.44 194.20 199.00 314.93 5.23%

Others 153.95 141.31 145.40 238.73 5.66%

Total 366.39 335.51 344.40 553.66 5.42%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 57.88%, accounting for 194.20 kilo tons in 2020; it is projected to exhibit a CAGR of 5.23%. The Others segment accounted for a share of 42.12% in 2020, sized at 141.31 kilo tons; it is projected to exhibit a higher CAGR of 5.66%.

9.3 EUROPE

FIGURE 24 EUROPE: METAL CASTING MARKET SHARE, BY COUNTRY, 2020 (% SHARE)

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

TABLE 107 EUROPE: METAL CASTING MARKET, BY COUNTRY, 2022-2030 (USD MILLION)

Country 2019 2020 2021 2030 CAGR (2022-2030)

Germany 14,037.62 13,048.30 13,646.26 25,991.00 7.42%

UK 3,730.19 3,427.04 3,542.44 6,070.91 6.17%

France 8,310.47 7,698.90 8,024.95 14,850.00 7.08%

Spain 3,750.33 3,449.16 3,569.10 6,178.82 6.29%

Italy 4,366.07 4,053.02 4,233.22 7,972.85 7.29%

Russia 3,361.34 3,098.38 3,213.42 5,682.76 6.54%

Rest of Europe 8,995.40 8,254.96 8,523.13 14,445.33 6.04%

Total 46,551.42 43,029.76 44,752.52 81,191.68 6.84%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Germany accounted for the largest market share of 30.32% in 2020, with a market value of USD 13,048.3 million; the market is expected to register the highest CAGR of 7.42% during the forecast period. Rest of Europe was the second-largest market in 2020, valued at USD 8,255.0 million; the market is projected to exhibit a CAGR of 6.04%.

TABLE 108 EUROPE: METAL CASTING MARKET, BY COUNTRY, 2022-2030 (KILO TONS)

Country 2019 2020 2021 2030 CAGR (2022-2030)

Germany 5,217.77 4,812.70 4,975.96 8,517.42 6.15%

UK 1,418.92 1,293.52 1,321.82 2,035.19 4.91%

France 3,068.41 2,820.70 2,906.67 4,833.68 5.81%

Spain 1,370.25 1,250.47 1,279.18 1,989.58 5.03%

Italy 1,608.62 1,481.77 1,530.03 2,589.65 6.02%

Russia 1,235.31 1,129.86 1,158.43 1,840.55 5.28%

Rest of Europe 3,351.67 3,051.99 3,115.16 4,743.43 4.78%

Total 17,270.95 15,841.01 16,287.24 26,549.50 5.58%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Germany market dominated with a share of 30.38%, accounting for 4,812.70 kilo tons in 2020 and is projected to register the highest CAGR of 6.15% from 2021 to 2030. The market in Rest of Europe was the second-largest with a share of 19.27% in 2020, sized at 3,051.99 kilo tons; it is projected to exhibit a CAGR of 4.78%.

TABLE 109 EUROPE: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 23,933.45 22,049.63 22,856.28 40,224.91 6.48%

Aluminium 10,310.21 9,626.23 10,111.41 19,968.55 7.85%

Stainless Steel 4,813.29 4,479.19 4,689.67 9,008.54 7.52%

Zinc 1,832.43 1,698.37 1,771.11 3,290.66 7.13%

Magnesium 1,347.99 1,244.50 1,292.75 2,319.66 6.71%

Carbon Steel 844.63 772.12 794.08 1,294.60 5.58%

High Steel Alloy 1,186.96 1,091.49 1,129.30 1,952.70 6.27%

Others 2,282.46 2,068.22 2,107.92 3,132.07 4.50%

Total 46,551.42 43,029.76 44,752.52 81,191.68 6.84%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 51.24% in 2020, with a market value of USD 22,049.6 million; it is expected to register a CAGR of 6.48% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 9,626.2 million; it is projected to register the highest CAGR of 7.85%.

TABLE 110 EUROPE: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 9,015.01 8,242.04 8,446.88 13,368.15 5.23%

Aluminium 3,802.90 3,523.51 3,659.22 6,498.45 6.59%

Stainless Steel 1,688.68 1,559.47 1,614.28 2,788.58 6.26%

Zinc 661.92 608.81 627.71 1,048.79 5.87%

Magnesium 483.98 443.41 455.39 734.81 5.46%

Carbon Steel 316.43 287.05 291.88 427.90 4.34%

High Steel Alloy 442.17 403.50 412.75 641.79 5.03%

Others 859.87 773.20 779.13 1,041.02 3.27%

Total 17,270.95 15,841.01 16,287.24 26,549.50 5.58%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 52.03%, accounting for 8,242.04 kilo tons in 2020; it is projected to exhibit a CAGR of 5.23%. The aluminium segment was the second-largest with a share of 22.24% in 2020, sized at 3,523.51 kilo tons; it is projected to exhibit the highest CAGR of 6.59%.

TABLE 111 EUROPE: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 23,485.21 21,762.56 22,690.08 42,085.60 7.11%

Die Casting 10,870.55 10,113.28 10,585.89 20,310.82 7.51%

Shell Mold Casting 3,452.68 3,173.60 3,282.08 5,651.31 6.22%

Gravity Casting 2,666.31 2,410.09 2,449.86 3,516.22 4.10%

Vacuum Casting 1,593.09 1,445.71 1,475.65 2,221.44 4.65%

Investment Casting 2,701.96 2,493.32 2,588.75 4,624.93 6.66%

Others 1,781.63 1,631.20 1,680.22 2,781.35 5.76%

Total 46,551.42 43,029.76 44,752.52 81,191.68 6.84%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 50.58% in 2020, with a market value of USD 21,762.6 million; it is expected to register a CAGR of 7.11% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 10,113.3 million; it is projected to register the highest CAGR of 7.51%.

TABLE 112 EUROPE: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 9,035.95 8,309.24 8,565.34 14,286.42 5.85%

Die Casting 4,010.94 3,703.03 3,832.21 6,611.86 6.25%

Shell Mold Casting 1,300.62 1,186.37 1,213.04 1,878.28 4.98%

Gravity Casting 953.13 854.95 859.21 1,108.80 2.87%

Vacuum Casting 558.39 502.86 507.46 686.88 3.42%

Investment Casting 976.51 894.23 917.95 1,474.76 5.41%

Others 435.41 390.33 392.04 502.49 2.80%

Total 17,270.95 15,841.01 16,287.24 26,549.50 5.58%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 52.45%, accounting for 8,309.24 kilo tons in 2020; it is projected to exhibit a CAGR of 5.85%. The die casting segment was the second-largest with a share of 23.38% in 2020, sized at 3,703.03 kilo tons; it is projected to exhibit the highest CAGR of 6.25%.

TABLE 113 EUROPE: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 18,834.70 17,475.80 18,244.08 34,218.45 7.24%

Building & Construction 8,007.69 7,392.60 7,678.91 13,773.76 6.71%

Mining 5,386.64 4,953.46 5,125.08 8,862.66 6.27%

Equipment & Machine 7,060.06 6,527.88 6,791.23 12,353.55 6.87%

Consumer Goods 4,732.00 4,360.49 4,521.01 7,972.89 6.51%

Others 2,530.34 2,319.52 2,392.21 4,010.36 5.91%

Total 46,551.42 43,029.76 44,752.52 81,191.68 6.84%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 40.61% in 2020, with a market value of USD 17,475.8 million; it is expected to register the highest CAGR of 7.24% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 7,392.6 million; it is projected to exhibit a CAGR of 6.71%.

TABLE 114 EUROPE: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 7,094.52 6,532.41 6,742.41 11,371.95 5.98%

Building & Construction 2,984.35 2,734.09 2,807.84 4,529.08 5.46%

Mining 1,966.07 1,794.17 1,835.32 2,854.06 5.03%

Equipment & Machine 2,604.05 2,389.38 2,457.64 4,020.19 5.62%

Consumer Goods 1,710.23 1,563.93 1,603.15 2,542.34 5.26%

Others 911.73 827.04 840.88 1,231.88 4.33%

Total 17,270.95 15,841.01 16,287.24 26,549.50 5.58%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 41.24%, accounting for 6,532.41 kilo tons in 2020; it is expected to register the highest CAGR of 5.98% from 2021 to 2030. The building & construction segment was the second-largest with a share of 17.26% in 2020, sized at 2,734.09 kilo tons; it is projected to exhibit a CAGR of 5.46%.

TABLE 115 EUROPE: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 3,530.66 3,302.10 3,474.59 6,978.12 8.06%

Wheels 2,084.22 1,944.77 2,041.67 4,021.76 7.82%

Engine Blocks 2,726.77 2,533.41 2,648.30 5,026.47 7.38%

Cylinder Head 4,378.47 4,037.58 4,188.98 7,416.32 6.55%

Exhaust Manifold 1,223.05 1,129.55 1,173.72 2,108.77 6.73%

Seat Frame 1,547.24 1,433.68 1,494.70 2,769.43 7.09%

Others 3,344.28 3,094.72 3,222.13 5,897.58 6.95%

Total 18,834.70 17,475.80 18,244.08 34,218.45 7.24%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 23.10% in 2020, with a market value of USD 4,037.6 million; it is expected to register a CAGR of 6.55% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 3,302.1 million; it is projected to register the highest CAGR of 8.06%.

TABLE 116 EUROPE: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 1,399.94 1,299.31 1,351.71 2,441.17 6.79%

Wheels 801.06 741.76 769.90 1,363.82 6.56%

Engine Blocks 1,069.81 986.36 1,019.42 1,739.95 6.12%

Cylinder Head 1,700.13 1,555.79 1,595.87 2,540.72 5.30%

Exhaust Manifold 465.38 426.52 438.18 707.93 5.47%

Seat Frame 582.85 535.95 552.43 920.44 5.84%

Others 1,075.36 986.72 1,014.89 1,657.92 5.60%

Total 7,094.52 6,532.41 6,742.41 11,371.95 5.98%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 23.82%, accounting for 1,555.79 kilo tons in 2020; it is projected to exhibit a CAGR of 5.30%. The Gearbox segment was the second-largest with a share of 19.89% in 2020, sized at 1,299.31 kilo tons; it is projected to exhibit the highest CAGR of 6.79%.

TABLE 117 EUROPE: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 3,947.28 3,643.16 3,783.29 6,769.96 6.68%

Others 3,112.78 2,884.72 3,007.94 5,583.59 7.11%

Total 7,060.06 6,527.88 6,791.23 12,353.55 6.87%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 55.81% in 2020, with a market value of USD 3,643.2 million; it is expected to register a CAGR of 6.68% during the forecast period. The Others segment was valued at USD 2,884.7 million; it is projected to register a higher CAGR of 7.11%.

TABLE 118 EUROPE: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 1,470.66 1,346.99 1,382.98 2,225.43 5.43%

Others 1,133.39 1,042.38 1,074.67 1,794.76 5.86%

Total 2,604.05 2,389.38 2,457.64 4,020.19 5.62%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 56.37%, accounting for 1,346.99 kilo tons in 2020; it is projected to exhibit a CAGR of 5.43%. The Others segment accounted for a share of 43.63% in 2020, sized at 1,042.38 kilo tons; it is projected to exhibit a higher CAGR of 5.86%.

9.3.1 GERMANY

TABLE 119 GERMANY: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 7,420.97 6,875.58 7,167.26 13,250.06 7.07%

Aluminium 3,207.31 3,007.29 3,172.30 6,507.93 8.31%

Stainless Steel 1,472.27 1,375.30 1,445.43 2,874.66 7.94%

Zinc 529.11 493.12 517.08 1,008.15 7.70%

Magnesium 384.33 356.68 372.43 699.19 7.25%

Carbon Steel 232.29 213.32 220.38 373.16 6.03%

High Steel Alloy 327.34 302.56 314.63 568.59 6.80%

Others 464.00 424.46 436.75 709.26 5.54%

Total 14,037.62 13,048.30 13,646.26 25,991.00 7.42%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 52.69% in 2020, with a market value of USD 6,875.6 million; it is expected to register a CAGR of 7.07% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 3,007.3 million; it is projected to register the highest CAGR of 8.31%.

TABLE 120 GERMANY: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 2,800.45 2,574.86 2,653.74 4,412.13 5.81%

Aluminium 1,185.39 1,102.99 1,150.35 2,122.39 7.04%

Stainless Steel 517.46 479.69 498.45 891.54 6.67%

Zinc 191.60 177.21 183.72 322.14 6.44%

Magnesium 138.34 127.40 131.53 222.07 5.99%

Carbon Steel 87.20 79.47 81.17 123.61 4.78%

High Steel Alloy 122.24 112.12 115.28 187.36 5.54%

Others 175.10 158.96 161.71 236.18 4.30%

Total 5,217.77 4,812.70 4,975.96 8,517.42 6.15%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 53.50%, accounting for 2,574.86 kilo tons in 2020; it is projected to exhibit a CAGR of 5.81%. The aluminium segment was the second-largest with a share of 22.92% in 2020, sized at 1,102.99 kilo tons; it is projected to exhibit the highest CAGR of 7.04%.

TABLE 121 GERMANY: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 7,095.79 6,612.81 6,933.73 13,512.44 7.70%

Die Casting 3,228.91 3,022.11 3,182.32 6,432.97 8.13%

Shell Mold Casting 1,048.71 969.58 1,008.56 1,827.51 6.83%

Gravity Casting 831.11 754.90 771.04 1,152.49 4.57%

Vacuum Casting 476.96 435.04 446.28 701.10 5.15%

Investment Casting 861.83 799.69 834.87 1,565.02 7.23%

Others 494.30 454.18 469.46 799.47 6.09%

Total 14,037.62 13,048.30 13,646.26 25,991.00 7.42%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 50.68% in 2020, with a market value of USD 6,612.8 million; it is expected to register a CAGR of 7.70% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 3,022.1 million; it is projected to register the highest CAGR of 8.13%.

TABLE 122 GERMANY: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 2,735.32 2,529.71 2,622.49 4,596.26 6.43%

Die Casting 1,193.37 1,108.42 1,153.99 2,097.95 6.87%

Shell Mold Casting 395.75 363.10 373.43 608.54 5.58%

Gravity Casting 297.96 268.57 271.21 364.58 3.34%

Vacuum Casting 167.64 151.74 153.90 217.44 3.91%

Investment Casting 312.09 287.38 296.63 500.08 5.97%

Others 115.65 103.78 104.32 132.57 2.70%

Total 5,217.77 4,812.70 4,975.96 8,517.42 6.15%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 52.56%, accounting for 2,529.71 kilo tons in 2020; it is projected to exhibit a CAGR of 6.43%. The die casting segment was the second-largest with a share of 23.03% in 2020, sized at 1,108.42 kilo tons; it is projected to exhibit the highest CAGR of 6.87%.

TABLE 123 GERMANY: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 5,687.61 5,306.92 5,571.19 10,971.95 7.82%

Building & Construction 2,392.18 2,220.82 2,319.70 4,368.54 7.29%

Mining 1,670.64 1,544.83 1,607.18 2,916.44 6.85%

Equipment & Machine 1,978.29 1,840.04 1,925.59 3,688.46 7.49%

Consumer Goods 1,393.52 1,291.20 1,346.06 2,489.98 7.07%

Others 915.37 844.50 876.55 1,555.62 6.58%

Total 14,037.62 13,048.30 13,646.26 25,991.00 7.42%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 40.67% in 2020, with a market value of USD 5,306.9 million; it is expected to register the highest CAGR of 7.82% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 2,220.8 million; it is projected to exhibit a CAGR of 7.29%.

TABLE 124 GERMANY: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 2,146.33 1,987.40 2,062.78 3,653.54 6.56%

Building & Construction 893.33 823.02 849.94 1,439.52 6.03%

Mining 611.15 560.82 576.86 941.42 5.59%

Equipment & Machine 731.16 674.87 698.27 1,202.90 6.23%

Consumer Goods 504.63 464.01 478.25 795.64 5.82%

Others 331.18 302.58 309.86 484.40 5.09%

Total 5,217.77 4,812.70 4,975.96 8,517.42 6.15%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 41.29%, accounting for 1,987.40 kilo tons in 2020; it is expected to register the highest CAGR of 6.56% from 2021 to 2030. The building & construction segment was the second-largest with a share of 17.10% in 2020, sized at 823.02 kilo tons; it is projected to exhibit a CAGR of 6.03%.

TABLE 125 GERMANY: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030

(USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 1,034.01 972.86 1,029.78 2,178.15 8.68%

Wheels 700.71 656.93 692.92 1,422.71 8.32%

Engine Blocks 856.76 800.43 841.36 1,675.95 7.96%

Cylinder Head 1,330.93 1,234.13 1,287.48 2,391.89 7.12%

Exhaust Manifold 340.76 316.37 330.47 621.51 7.27%

Seat Frame 439.04 409.13 428.94 834.89 7.68%

Others 985.40 917.07 960.24 1,846.86 7.54%

Total 5,687.61 5,306.92 5,571.19 10,971.95 7.82%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 23.26% in 2020, with a market value of USD 1,234.1 million; it is expected to register a CAGR of 7.12% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 972.9 million; it is projected to register the highest CAGR of 8.68%.

TABLE 126 GERMANY: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 410.74 383.51 401.35 763.47 7.41%

Wheels 269.82 251.04 261.80 483.42 7.05%

Engine Blocks 336.79 312.25 324.50 581.33 6.69%

Cylinder Head 517.79 476.46 491.44 821.11 5.87%

Exhaust Manifold 129.89 119.68 123.60 209.05 6.01%

Seat Frame 165.68 153.21 158.82 278.01 6.42%

Others 315.62 291.26 301.27 517.17 6.19%

Total 2,146.33 1,987.40 2,062.78 3,653.54 6.56%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 23.97%, accounting for 476.46 kilo tons in 2020; it is projected to exhibit a CAGR of 5.87%. The Gearbox segment was the second-largest with a share of 19.30% in 2020, sized at 383.51 kilo tons; it is projected to exhibit the highest CAGR of 7.41%.

TABLE 127 GERMANY: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 1,094.64 1,016.32 1,061.66 2,000.75 7.29%

Others 883.66 823.73 863.93 1,687.72 7.72%

Total 1,978.29 1,840.04 1,925.59 3,688.46 7.49%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 55.23% in 2020, with a market value of USD 1,016.3 million; it is expected to register a CAGR of 7.29% during the forecast period. The Others segment was valued at USD 823.7 million; it is projected to register a higher CAGR of 7.72%.

TABLE 128 GERMANY: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 408.65 376.52 388.87 659.08 6.04%

Others 322.50 298.35 309.39 543.81 6.47%

Total 731.16 674.87 698.27 1,202.90 6.23%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 55.79%, accounting for 376.52 kilo tons in 2020; it is projected to exhibit a CAGR of 6.04%. The Others segment accounted for a share of 44.21% in 2020, sized at 298.35 kilo tons; it is projected to exhibit a higher CAGR of 6.47%.

9.3.2 UK

TABLE 129 UK: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 1,933.26 1,770.20 1,823.67 3,030.73 5.81%

Aluminium 811.34 753.25 786.72 1,473.20 7.22%

Stainless Steel 376.00 348.66 363.74 674.70 7.11%

Zinc 123.35 113.67 117.85 207.36 6.48%

Magnesium 104.91 96.23 99.31 167.77 6.00%

Carbon Steel 68.11 61.89 63.26 97.49 4.92%

High Steel Alloy 79.22 72.33 74.29 120.13 5.48%

Others 234.01 210.82 213.60 299.52 3.83%

Total 3,730.19 3,427.04 3,542.44 6,070.91 6.17%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 51.65% in 2020, with a market value of USD 1,770.2 million; it is expected to register a CAGR of 5.81% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 753.2 million; it is projected to register the highest CAGR of 7.22%.

TABLE 130 UK: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 746.10 677.96 690.55 1,032.09 4.57%

Aluminium 306.66 282.54 291.76 491.34 5.96%

Stainless Steel 135.15 124.37 128.28 214.00 5.85%

Zinc 45.68 41.77 42.82 67.76 5.23%

Magnesium 38.62 35.15 35.87 54.49 4.76%

Carbon Steel 26.15 23.58 23.83 33.03 3.69%

High Steel Alloy 30.25 27.41 27.84 40.48 4.25%

Others 90.31 80.74 80.88 102.00 2.61%

Total 1,418.92 1,293.52 1,321.82 2,035.19 4.91%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 52.41%, accounting for 677.96 kilo tons in 2020; it is projected to exhibit a CAGR of 4.57%. The aluminium segment was the second-largest with a share of 21.84% in 2020, sized at 282.54 kilo tons; it is projected to exhibit the highest CAGR of 5.96%.

TABLE 131 UK: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 1,872.06 1,724.35 1,787.01 3,133.11 6.44%

Die Casting 933.45 863.01 897.67 1,624.71 6.81%

Shell Mold Casting 294.14 268.85 276.48 451.82 5.61%

Gravity Casting 159.64 142.03 142.02 169.53 1.99%

Vacuum Casting 117.00 105.30 106.59 147.83 3.70%

Investment Casting 220.36 202.08 208.49 351.34 5.97%

Others 133.54 121.42 124.19 192.57 4.99%

Total 3,730.19 3,427.04 3,542.44 6,070.91 6.17%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 50.32% in 2020, with a market value of USD 1,724.4 million; it is expected to register a CAGR of 6.44% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 863.0 million; it is projected to register the highest CAGR of 6.81%.

TABLE 132 UK: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 738.02 674.61 691.21 1,089.90 5.19%

Die Casting 352.82 323.71 332.90 541.87 5.56%

Shell Mold Casting 113.52 102.97 104.69 153.86 4.37%

Gravity Casting 58.53 51.67 51.09 54.85 0.79%

Vacuum Casting 42.06 37.56 37.59 46.89 2.49%

Investment Casting 81.61 74.27 75.76 114.81 4.73%

Others 32.38 28.74 28.58 33.01 1.62%

Total 1,418.92 1,293.52 1,321.82 2,035.19 4.91%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 52.15%, accounting for 674.61 kilo tons in 2020; it is projected to exhibit a CAGR of 5.19%. The die casting segment was the second-largest with a share of 25.03% in 2020, sized at 323.71 kilo tons; it is projected to exhibit the highest CAGR of 5.56%.

TABLE 133 UK: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 1,530.63 1,411.48 1,464.44 2,593.21 6.56%

Building & Construction 658.08 603.85 623.41 1,056.42 6.04%

Mining 383.65 350.34 359.94 582.93 5.50%

Equipment & Machine 584.55 537.33 555.72 956.89 6.22%

Consumer Goods 396.22 362.92 374.01 623.50 5.84%

Others 177.05 161.11 164.93 257.96 5.10%

Total 3,730.19 3,427.04 3,542.44 6,070.91 6.17%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 41.19% in 2020, with a market value of USD 1,411.5 million; it is expected to register the highest CAGR of 6.56% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 603.8 million; it is projected to exhibit a CAGR of 6.04%.

TABLE 134 UK: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 590.72 540.58 554.52 883.10 5.31%

Building & Construction 251.33 228.86 233.60 356.01 4.79%

Mining 143.53 130.07 132.12 192.44 4.27%

Equipment & Machine 220.94 201.55 206.09 319.14 4.98%

Consumer Goods 146.73 133.38 135.90 203.75 4.60%

Others 65.67 59.09 59.59 80.76 3.44%

Total 1,418.92 1,293.52 1,321.82 2,035.19 4.91%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 41.79%, accounting for 540.58 kilo tons in 2020; it is expected to register the highest CAGR of 5.31% from 2021 to 2030. The building & construction segment was the second-largest with a share of 17.69% in 2020, sized at 228.86 kilo tons; it is projected to exhibit a CAGR of 4.79%.

TABLE 135 UK: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 285.19 265.13 277.30 526.52 7.38%

Wheels 162.38 150.57 157.08 291.87 7.13%

Engine Blocks 200.02 184.72 191.93 344.35 6.71%

Cylinder Head 362.46 332.19 342.52 572.57 5.88%

Exhaust Manifold 118.39 108.75 112.40 192.10 6.14%

Seat Frame 136.35 125.60 130.16 228.15 6.43%

Others 265.86 244.53 253.05 437.64 6.28%

Total 1,530.63 1,411.48 1,464.44 2,593.21 6.56%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 23.53% in 2020, with a market value of USD 332.2 million; it is expected to register a CAGR of 5.88% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 265.1 million; it is projected to register the highest CAGR of 7.38%.

TABLE 136 UK: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 115.85 106.89 110.53 188.74 6.13%

Wheels 63.94 58.84 60.69 101.42 5.87%

Engine Blocks 80.41 73.69 75.70 122.15 5.46%

Cylinder Head 144.21 131.16 133.71 201.01 4.63%

Exhaust Manifold 46.15 42.07 42.99 66.08 4.89%

Seat Frame 52.62 48.10 49.29 77.70 5.19%

Others 87.53 79.83 81.61 125.99 4.94%

Total 590.72 540.58 554.52 883.10 5.31%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 24.26%, accounting for 131.16 kilo tons in 2020; it is projected to exhibit a CAGR of 4.63%. The Gearbox segment was the second-largest with a share of 19.77% in 2020, sized at 106.89 kilo tons; it is projected to exhibit the highest CAGR of 6.13%.

TABLE 137 UK: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 330.61 303.37 313.21 530.79 6.04%

Others 253.94 233.96 242.51 426.11 6.46%

Total 584.55 537.33 555.72 956.89 6.22%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 56.46% in 2020, with a market value of USD 303.4 million; it is expected to register a CAGR of 6.04% during the forecast period. The Others segment was valued at USD 234.0 million; it is projected to register a higher CAGR of 6.46%.

TABLE 138 UK: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 126.23 114.94 117.33 178.82 4.79%

Others 94.72 86.61 88.76 140.33 5.22%

Total 220.94 201.55 206.09 319.14 4.98%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 57.03%, accounting for 114.94 kilo tons in 2020; it is projected to exhibit a CAGR of 4.79%. The Others segment accounted for a share of 42.97% in 2020, sized at 86.61 kilo tons; it is projected to exhibit a higher CAGR of 5.22%.

9.3.3 FRANCE

TABLE 139 FRANCE: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 4,156.59 3,837.50 3,986.26 7,147.49 6.70%

Aluminium 1,853.35 1,734.61 1,826.46 3,685.95 8.11%

Stainless Steel 886.32 825.10 864.21 1,668.56 7.58%

Zinc 378.61 351.50 367.18 692.65 7.31%

Magnesium 266.10 246.18 256.26 468.33 6.93%

Carbon Steel 178.64 163.95 169.30 286.62 6.02%

High Steel Alloy 257.69 237.71 246.72 438.94 6.61%

Others 333.18 302.34 308.56 461.47 4.57%

Total 8,310.47 7,698.90 8,024.95 14,850.00 7.08%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 49.84% in 2020, with a market value of USD 3,837.5 million; it is expected to register a CAGR of 6.70% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 1,734.6 million; it is projected to register the highest CAGR of 8.11%.

TABLE 140 FRANCE: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 1,559.14 1,428.48 1,467.07 2,365.73 5.45%

Aluminium 680.86 632.38 658.34 1,194.85 6.85%

Stainless Steel 309.64 286.06 296.23 514.37 6.32%

Zinc 136.28 125.56 129.68 220.00 6.05%

Magnesium 95.21 87.41 89.96 147.85 5.68%

Carbon Steel 66.66 60.71 61.98 94.37 4.78%

High Steel Alloy 95.65 87.56 89.86 143.77 5.36%

Others 124.97 112.54 113.56 152.74 3.35%

Total 3,068.41 2,820.70 2,906.67 4,833.68 5.81%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 50.64%, accounting for 1,428.48 kilo tons in 2020; it is projected to exhibit a CAGR of 5.45%. The aluminium segment was the second-largest with a share of 22.42% in 2020, sized at 632.38 kilo tons; it is projected to exhibit the highest CAGR of 6.85%.

TABLE 141 FRANCE: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 4,174.37 3,877.24 4,051.92 7,672.49 7.35%

Die Casting 1,889.31 1,762.51 1,849.90 3,635.34 7.80%

Shell Mold Casting 549.14 505.65 523.86 916.09 6.41%

Gravity Casting 526.06 476.93 486.28 719.32 4.45%

Vacuum Casting 362.22 330.66 339.54 543.17 5.36%

Investment Casting 455.32 420.99 437.96 796.13 6.87%

Others 354.06 324.93 335.48 567.47 6.01%

Total 8,310.47 7,698.90 8,024.95 14,850.00 7.08%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 50.36% in 2020, with a market value of USD 3,877.2 million; it is expected to register a CAGR of 7.35% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 1,762.5 million; it is projected to register the highest CAGR of 7.80%.

TABLE 142 FRANCE: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 1,599.48 1,474.30 1,523.31 2,594.11 6.09%

Die Casting 694.07 642.55 666.78 1,178.44 6.53%

Shell Mold Casting 205.98 188.22 192.80 303.22 5.16%

Gravity Casting 187.46 168.66 170.02 226.18 3.22%

Vacuum Casting 126.54 114.64 116.39 167.44 4.12%

Investment Casting 163.89 150.38 154.67 252.86 5.61%

Others 90.98 81.94 82.70 111.42 3.37%

Total 3,068.41 2,820.70 2,906.67 4,833.68 5.81%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 52.27%, accounting for 1,474.30 kilo tons in 2020; it is projected to exhibit a CAGR of 6.09%. The die casting segment was the second-largest with a share of 22.78% in 2020, sized at 642.55 kilo tons; it is projected to exhibit the highest CAGR of 6.53%.

TABLE 143 FRANCE: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 3,365.45 3,129.65 3,274.55 6,265.22 7.48%

Building & Construction 1,420.18 1,314.02 1,367.96 2,502.92 6.94%

Mining 1,081.20 996.86 1,034.10 1,830.79 6.55%

Equipment & Machine 1,304.04 1,208.75 1,260.64 2,344.45 7.14%

Consumer Goods 785.53 725.29 753.48 1,352.16 6.71%

Others 354.07 324.32 334.21 554.46 5.79%

Total 8,310.47 7,698.90 8,024.95 14,850.00 7.08%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 40.65% in 2020, with a market value of USD 3,129.6 million; it is expected to register the highest CAGR of 7.48% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 1,314.0 million; it is projected to exhibit a CAGR of 6.94%.

TABLE 144 FRANCE: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 1,262.38 1,164.98 1,205.14 2,073.71 6.22%

Building & Construction 527.16 484.04 498.21 819.80 5.69%

Mining 393.14 359.71 368.93 587.42 5.30%

Equipment & Machine 479.06 440.67 454.39 759.99 5.88%

Consumer Goods 282.75 259.08 266.10 429.46 5.46%

Others 123.91 112.21 113.89 163.29 4.08%

Total 3,068.41 2,820.70 2,906.67 4,833.68 5.81%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 41.30%, accounting for 1,164.98 kilo tons in 2020; it is expected to register the highest CAGR of 6.22% from 2021 to 2030. The building & construction segment was the second-largest with a share of 17.16% in 2020, sized at 484.04 kilo tons; it is projected to exhibit a CAGR of 5.69%.

TABLE 145 FRANCE: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 625.95 586.85 619.00 1,270.04 8.31%

Wheels 359.91 336.53 354.04 710.54 8.05%

Engine Blocks 472.31 439.82 460.81 892.50 7.62%

Cylinder Head 806.68 745.61 775.37 1,401.47 6.80%

Exhaust Manifold 239.46 221.76 231.05 425.33 7.02%

Seat Frame 292.20 271.42 283.66 537.09 7.35%

Others 568.93 527.66 550.63 1,028.26 7.19%

Total 3,365.45 3,129.65 3,274.55 6,265.22 7.48%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 23.82% in 2020, with a market value of USD 745.6 million; it is expected to register a CAGR of 6.80% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 586.8 million; it is projected to register the highest CAGR of 8.31%.

TABLE 146 FRANCE: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 247.15 229.95 239.80 442.49 7.04%

Wheels 137.76 127.83 132.96 239.98 6.78%

Engine Blocks 184.55 170.54 176.66 307.72 6.36%

Cylinder Head 311.95 286.13 294.19 478.22 5.55%

Exhaust Manifold 90.73 83.38 85.89 142.20 5.76%

Seat Frame 109.61 101.03 104.40 177.77 6.09%

Others 180.64 166.12 171.25 285.34 5.84%

Total 1,262.38 1,164.98 1,205.14 2,073.71 6.22%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 24.56%, accounting for 286.13 kilo tons in 2020; it is projected to exhibit a CAGR of 5.55%. The Gearbox segment was the second-largest with a share of 19.74% in 2020, sized at 229.95 kilo tons; it is projected to exhibit the highest CAGR of 7.04%.

TABLE 147 FRANCE: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 724.15 670.04 697.55 1,276.37 6.94%

Others 579.89 538.71 563.09 1,068.08 7.37%

Total 1,304.04 1,208.75 1,260.64 2,344.45 7.14%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 55.43% in 2020, with a market value of USD 670.0 million; it is expected to register a CAGR of 6.94% during the forecast period. The Others segment was valued at USD 538.7 million; it is projected to register a higher CAGR of 7.37%.

TABLE 148 FRANCE: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 268.72 246.74 253.97 417.93 5.69%

Others 210.35 193.93 200.42 342.05 6.12%

Total 479.06 440.67 454.39 759.99 5.88%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 55.99%, accounting for 246.74 kilo tons in 2020; it is projected to exhibit a CAGR of 5.69%. The Others segment accounted for a share of 44.01% in 2020, sized at 193.93 kilo tons; it is projected to exhibit a higher CAGR of 6.12%.

9.3.4 SPAIN

TABLE 149 SPAIN: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 1,915.49 1,755.69 1,810.56 3,038.18 5.92%

Aluminium 830.93 772.10 807.12 1,524.45 7.32%

Stainless Steel 353.92 328.74 343.54 647.03 7.29%

Zinc 128.27 118.31 122.77 218.03 6.59%

Magnesium 115.01 105.62 109.13 186.43 6.13%

Carbon Steel 74.00 67.37 69.00 108.32 5.14%

High Steel Alloy 103.53 94.76 97.58 161.57 5.76%

Others 229.18 206.57 209.40 294.81 3.87%

Total 3,750.33 3,449.16 3,569.10 6,178.82 6.29%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 50.90% in 2020, with a market value of USD 1,755.7 million; it is expected to register a CAGR of 5.92% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 772.1 million; it is projected to register the highest CAGR of 7.32%.

TABLE 150 SPAIN: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 709.97 645.77 658.43 993.65 4.68%

Aluminium 301.63 278.14 287.47 488.30 6.06%

Stainless Steel 122.18 112.62 116.36 197.09 6.03%

Zinc 45.62 41.76 42.84 68.43 5.34%

Magnesium 40.66 37.05 37.85 58.16 4.89%

Carbon Steel 27.29 24.65 24.96 35.24 3.91%

High Steel Alloy 37.97 34.49 35.12 52.29 4.52%

Others 84.94 75.98 76.15 96.42 2.66%

Total 1,370.25 1,250.47 1,279.18 1,989.58 5.03%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 51.64%, accounting for 645.77 kilo tons in 2020; it is projected to exhibit a CAGR of 4.68%. The aluminium segment was the second-largest with a share of 22.24% in 2020, sized at 278.14 kilo tons; it is projected to exhibit the highest CAGR of 6.06%.

TABLE 151 SPAIN: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 1,846.21 1,702.42 1,766.24 3,129.65 6.56%

Die Casting 861.12 797.43 830.81 1,526.29 6.99%

Shell Mold Casting 284.34 260.12 267.73 441.12 5.71%

Gravity Casting 230.09 206.94 209.30 287.05 3.57%

Vacuum Casting 156.29 141.53 144.17 214.07 4.49%

Investment Casting 229.71 210.88 217.82 371.01 6.10%

Others 142.56 129.83 133.02 209.64 5.18%

Total 3,750.33 3,449.16 3,569.10 6,178.82 6.29%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 49.36% in 2020, with a market value of USD 1,702.4 million; it is expected to register a CAGR of 6.56% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 797.4 million; it is projected to register the highest CAGR of 6.99%.

TABLE 152 SPAIN: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 699.00 639.65 656.13 1,045.58 5.31%

Die Casting 312.59 287.26 295.90 488.89 5.74%

Shell Mold Casting 105.39 95.68 97.36 144.27 4.47%

Gravity Casting 81.02 72.31 72.31 89.19 2.36%

Vacuum Casting 53.95 48.49 48.83 65.21 3.27%

Investment Casting 81.70 74.43 76.01 116.44 4.85%

Others 36.60 32.65 32.63 40.01 2.29%

Total 1,370.25 1,250.47 1,279.18 1,989.58 5.03%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 51.15%, accounting for 639.65 kilo tons in 2020; it is projected to exhibit a CAGR of 5.31%. The die casting segment was the second-largest with a share of 22.97% in 2020, sized at 287.26 kilo tons; it is projected to exhibit the highest CAGR of 5.74%.

TABLE 153 SPAIN: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 1,478.46 1,365.02 1,417.95 2,539.86 6.69%

Building & Construction 669.22 614.72 635.32 1,087.68 6.16%

Mining 472.24 432.16 444.96 735.65 5.75%

Equipment & Machine 632.78 582.25 602.79 1,048.07 6.34%

Consumer Goods 352.09 322.71 332.80 558.44 5.92%

Others 145.54 132.29 135.28 209.12 4.96%

Total 3,750.33 3,449.16 3,569.10 6,178.82 6.29%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 39.58% in 2020, with a market value of USD 1,365.0 million; it is expected to register the highest CAGR of 6.69% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 614.7 million; it is projected to exhibit a CAGR of 6.16%.

TABLE 154 SPAIN: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 547.98 502.08 515.65 830.68 5.44%

Building & Construction 245.46 223.75 228.63 352.03 4.91%

Mining 169.67 154.09 156.86 233.23 4.51%

Equipment & Machine 229.70 209.75 214.69 335.71 5.09%

Consumer Goods 125.23 113.90 116.14 175.26 4.68%

Others 52.21 46.89 47.20 62.68 3.20%

Total 1,370.25 1,250.47 1,279.18 1,989.58 5.03%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 40.15%, accounting for 502.08 kilo tons in 2020; it is expected to register the highest CAGR of 5.44% from 2021 to 2030. The building & construction segment was the second-largest with a share of 17.89% in 2020, sized at 223.75 kilo tons; it is projected to exhibit a CAGR of 4.91%.

TABLE 155 SPAIN: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 276.96 257.78 269.93 518.26 7.52%

Wheels 164.80 152.96 159.72 299.54 7.24%

Engine Blocks 221.65 204.90 213.12 386.14 6.83%

Cylinder Head 354.40 325.22 335.77 568.18 6.02%

Exhaust Manifold 100.59 92.47 95.63 164.50 6.21%

Seat Frame 121.77 112.29 116.50 206.39 6.56%

Others 238.29 219.40 227.27 396.85 6.39%

Total 1,478.46 1,365.02 1,417.95 2,539.86 6.69%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 23.83% in 2020, with a market value of USD 325.2 million; it is expected to register a CAGR of 6.02% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 257.8 million; it is projected to register the highest CAGR of 7.52%.

TABLE 156 SPAIN: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 108.06 99.81 103.33 178.42 6.26%

Wheels 62.33 57.41 59.27 99.97 5.98%

Engine Blocks 85.58 78.51 80.73 131.55 5.57%

Cylinder Head 135.42 123.32 125.88 191.57 4.78%

Exhaust Manifold 37.66 34.35 35.13 54.35 4.97%

Seat Frame 45.13 41.30 42.37 67.50 5.31%

Others 73.81 67.38 68.94 107.32 5.04%

Total 547.98 502.08 515.65 830.68 5.44%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 24.56%, accounting for 123.32 kilo tons in 2020; it is projected to exhibit a CAGR of 4.78%. The Gearbox segment was the second-largest with a share of 19.88% in 2020, sized at 99.81 kilo tons; it is projected to exhibit the highest CAGR of 6.26%.

TABLE 157 SPAIN: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 350.76 322.17 332.94 569.55 6.15%

Others 282.02 260.07 269.84 478.52 6.57%

Total 632.78 582.25 602.79 1,048.07 6.34%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 55.33% in 2020, with a market value of USD 322.2 million; it is expected to register a CAGR of 6.15% during the forecast period. The Others segment was valued at USD 260.1 million; it is projected to register a higher CAGR of 6.57%.

TABLE 158 SPAIN: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 128.61 117.23 119.78 184.28 4.90%

Others 101.09 92.52 94.91 151.43 5.33%

Total 229.70 209.75 214.69 335.71 5.09%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 55.89%, accounting for 117.23 kilo tons in 2020; it is projected to exhibit a CAGR of 4.90%. The Others segment accounted for a share of 44.11% in 2020, sized at 92.52 kilo tons; it is projected to exhibit a higher CAGR of 5.33%.

9.3.5 ITALY

TABLE 159 ITALY: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 2,215.84 2,050.00 2,133.88 3,895.85 6.92%

Aluminium 968.55 908.40 958.51 1,969.76 8.33%

Stainless Steel 412.12 384.69 403.99 798.22 7.86%

Zinc 176.78 164.51 172.24 331.52 7.55%

Magnesium 165.11 153.09 159.71 297.61 7.16%

Carbon Steel 87.53 80.44 83.17 142.33 6.15%

High Steel Alloy 114.24 105.51 109.65 197.08 6.73%

Others 225.90 206.37 212.07 340.48 5.40%

Total 4,366.07 4,053.02 4,233.22 7,972.85 7.29%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 50.58% in 2020, with a market value of USD 2,050.0 million; it is expected to register a CAGR of 6.92% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 908.4 million; it is projected to register the highest CAGR of 8.33%.

TABLE 160 ITALY: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 828.67 760.81 782.98 1,285.61 5.66%

Aluminium 354.75 330.18 344.45 636.61 7.06%

Stainless Steel 143.55 132.97 138.06 245.33 6.60%

Zinc 63.44 58.59 60.65 104.98 6.29%

Magnesium 58.90 54.19 55.90 93.68 5.90%

Carbon Steel 32.56 29.70 30.36 46.72 4.91%

High Steel Alloy 42.28 38.75 39.81 64.36 5.48%

Others 84.48 76.59 77.81 112.36 4.17%

Total 1,608.62 1,481.77 1,530.03 2,589.65 6.02%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 51.34%, accounting for 760.81 kilo tons in 2020; it is projected to exhibit a CAGR of 5.66%. The aluminium segment was the second-largest with a share of 22.28% in 2020, sized at 330.18 kilo tons; it is projected to exhibit the highest CAGR of 7.06%.

TABLE 161 ITALY: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 2,265.87 2,108.70 2,207.98 4,252.18 7.55%

Die Casting 967.26 903.94 950.44 1,896.89 7.98%

Shell Mold Casting 293.04 270.41 280.74 500.09 6.63%

Gravity Casting 281.22 255.57 261.20 394.93 4.70%

Vacuum Casting 139.12 126.57 129.50 198.21 4.84%

Investment Casting 260.96 241.81 252.10 467.10 7.09%

Others 158.61 146.02 151.25 263.46 6.36%

Total 4,366.07 4,053.02 4,233.22 7,972.85 7.29%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 52.03% in 2020, with a market value of USD 2,108.7 million; it is expected to register a CAGR of 7.55% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 903.9 million; it is projected to register the highest CAGR of 7.98%.

TABLE 162 ITALY: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 865.60 799.42 827.60 1,433.38 6.29%

Die Casting 354.27 328.56 341.55 613.06 6.72%

Shell Mold Casting 109.59 100.36 103.01 165.03 5.38%

Gravity Casting 99.91 90.11 91.05 123.81 3.47%

Vacuum Casting 48.46 43.75 44.26 60.92 3.61%

Investment Casting 93.65 86.12 88.77 147.91 5.84%

Others 37.14 33.47 33.79 45.54 3.37%

Total 1,608.62 1,481.77 1,530.03 2,589.65 6.02%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 53.95%, accounting for 799.42 kilo tons in 2020; it is projected to exhibit a CAGR of 6.29%. The die casting segment was the second-largest with a share of 22.17% in 2020, sized at 328.56 kilo tons; it is projected to exhibit the highest CAGR of 6.72%.

TABLE 163 ITALY: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 1,753.08 1,633.64 1,712.80 3,336.46 7.69%

Building & Construction 758.60 703.34 733.71 1,366.55 7.15%

Mining 469.07 432.93 449.56 802.35 6.65%

Equipment & Machine 602.24 559.42 584.67 1,107.55 7.36%

Consumer Goods 529.99 490.69 511.17 939.92 7.00%

Others 253.09 232.99 241.31 420.02 6.35%

Total 4,366.07 4,053.02 4,233.22 7,972.85 7.29%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 40.31% in 2020, with a market value of USD 1,633.6 million; it is expected to register the highest CAGR of 7.69% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 703.3 million; it is projected to exhibit a CAGR of 7.15%.

TABLE 164 ITALY: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 655.61 606.28 628.48 1,101.02 6.43%

Building & Construction 280.74 258.31 266.41 446.26 5.90%

Mining 170.05 155.75 159.91 256.67 5.40%

Equipment & Machine 220.58 203.34 210.11 357.95 6.10%

Consumer Goods 190.19 174.75 179.98 297.64 5.75%

Others 91.44 83.34 85.14 130.12 4.83%

Total 1,608.62 1,481.77 1,530.03 2,589.65 6.02%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 40.92%, accounting for 606.28 kilo tons in 2020; it is expected to register the highest CAGR of 6.43% from 2021 to 2030. The building & construction segment was the second-largest with a share of 17.43% in 2020, sized at 258.31 kilo tons; it is projected to exhibit a CAGR of 5.90%.

TABLE 165 ITALY: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 335.16 314.81 332.67 693.67 8.51%

Wheels 186.70 174.94 184.42 376.91 8.27%

Engine Blocks 233.45 217.86 228.74 451.34 7.84%

Cylinder Head 416.94 386.16 402.38 740.12 7.01%

Exhaust Manifold 117.53 109.04 113.82 212.79 7.20%

Seat Frame 143.72 133.77 140.08 269.86 7.56%

Others 319.57 297.07 310.69 591.77 7.42%

Total 1,753.08 1,633.64 1,712.80 3,336.46 7.69%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 23.64% in 2020, with a market value of USD 386.2 million; it is expected to register a CAGR of 7.01% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 314.8 million; it is projected to register the highest CAGR of 8.51%.

TABLE 166 ITALY: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 131.94 122.98 128.49 240.96 7.24%

Wheels 71.25 66.25 69.05 126.92 7.00%

Engine Blocks 90.94 84.22 87.43 155.15 6.58%

Cylinder Head 160.75 147.75 152.21 251.79 5.75%

Exhaust Manifold 44.40 40.88 42.18 70.93 5.94%

Seat Frame 53.75 49.64 51.40 89.05 6.30%

Others 102.59 94.56 97.71 166.23 6.08%

Total 655.61 606.28 628.48 1,101.02 6.43%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 24.37%, accounting for 147.75 kilo tons in 2020; it is projected to exhibit a CAGR of 5.75%. The Gearbox segment was the second-largest with a share of 20.28% in 2020, sized at 122.98 kilo tons; it is projected to exhibit the highest CAGR of 7.24%.

TABLE 167 ITALY: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 341.14 316.33 330.03 615.31 7.17%

Others 261.10 243.09 254.64 492.24 7.60%

Total 602.24 559.42 584.67 1,107.55 7.36%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 56.55% in 2020, with a market value of USD 316.3 million; it is expected to register a CAGR of 7.17% during the forecast period. The Others segment was valued at USD 243.1 million; it is projected to register a higher CAGR of 7.60%.

TABLE 168 ITALY: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 126.21 116.14 119.80 200.87 5.91%

Others 94.37 87.20 90.31 157.08 6.34%

Total 220.58 203.34 210.11 357.95 6.10%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 57.12%, accounting for 116.14 kilo tons in 2020; it is projected to exhibit a CAGR of 5.91%. The Others segment accounted for a share of 42.88% in 2020, sized at 87.20 kilo tons; it is projected to exhibit a higher CAGR of 6.34%.

9.3.6 RUSSIA

TABLE 169 RUSSIA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 1,683.72 1,546.64 1,598.51 2,738.50 6.16%

Aluminium 749.81 698.24 731.51 1,410.44 7.57%

Stainless Steel 348.70 324.33 339.39 648.19 7.45%

Zinc 168.02 155.17 161.24 290.11 6.74%

Magnesium 96.82 89.11 92.28 160.91 6.37%

Carbon Steel 37.68 34.11 34.74 51.26 4.42%

High Steel Alloy 69.96 64.08 66.03 110.05 5.84%

Others 206.64 186.71 189.72 273.31 4.14%

Total 3,361.34 3,098.38 3,213.42 5,682.76 6.54%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 49.92% in 2020, with a market value of USD 1,546.6 million; it is expected to register a CAGR of 6.16% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 698.2 million; it is projected to register the highest CAGR of 7.57%.

TABLE 170 RUSSIA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 628.42 572.85 585.37 901.89 4.92%

Aluminium 274.08 253.28 262.35 454.93 6.31%

Stainless Steel 121.21 111.88 115.76 198.82 6.19%

Zinc 60.17 55.15 56.66 91.68 5.49%

Magnesium 34.47 31.48 32.23 50.55 5.13%

Carbon Steel 13.99 12.57 12.65 16.79 3.19%

High Steel Alloy 25.84 23.49 23.93 35.87 4.60%

Others 77.13 69.15 69.48 90.01 2.92%

Total 1,235.31 1,129.86 1,158.43 1,840.55 5.28%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 50.70%, accounting for 572.85 kilo tons in 2020; it is projected to exhibit a CAGR of 4.92%. The aluminium segment was the second-largest with a share of 22.42% in 2020, sized at 253.28 kilo tons; it is projected to exhibit the highest CAGR of 6.31%.

TABLE 171 RUSSIA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 1,648.27 1,523.34 1,584.05 2,867.40 6.82%

Die Casting 763.12 708.01 739.06 1,382.70 7.21%

Shell Mold Casting 291.83 267.75 276.39 468.17 6.03%

Gravity Casting 213.46 192.56 195.36 276.31 3.93%

Vacuum Casting 114.55 103.61 105.41 153.82 4.29%

Investment Casting 193.62 178.14 184.40 320.53 6.34%

Others 136.49 124.97 128.74 213.83 5.80%

Total 3,361.34 3,098.38 3,213.42 5,682.76 6.54%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 49.17% in 2020, with a market value of USD 1,523.3 million; it is expected to register a CAGR of 6.82% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 708.0 million; it is projected to register the highest CAGR of 7.21%.

TABLE 172 RUSSIA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 628.42 576.36 592.55 964.65 5.56%

Die Casting 278.95 256.83 265.06 445.99 5.95%

Shell Mold Casting 108.92 99.17 101.22 154.19 4.79%

Gravity Casting 75.69 67.76 67.96 86.45 2.71%

Vacuum Casting 39.82 35.74 35.95 47.18 3.07%

Investment Casting 69.35 63.31 64.80 101.30 5.09%

Others 34.17 30.69 30.89 40.79 3.14%

Total 1,235.31 1,129.86 1,158.43 1,840.55 5.28%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 51.01%, accounting for 576.36 kilo tons in 2020; it is projected to exhibit a CAGR of 5.56%. The die casting segment was the second-largest with a share of 22.73% in 2020, sized at 256.83 kilo tons; it is projected to exhibit the highest CAGR of 5.95%.

TABLE 173 RUSSIA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 1,330.44 1,231.10 1,281.72 2,344.84 6.94%

Building & Construction 619.41 570.28 590.74 1,033.47 6.41%

Mining 337.11 308.82 318.29 531.17 5.86%

Equipment & Machine 534.60 493.04 511.61 908.97 6.59%

Consumer Goods 385.55 354.40 366.52 631.80 6.24%

Others 154.23 140.76 144.53 232.51 5.42%

Total 3,361.34 3,098.38 3,213.42 5,682.76 6.54%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 39.73% in 2020, with a market value of USD 1,231.1 million; it is expected to register the highest CAGR of 6.94% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 570.3 million; it is projected to exhibit a CAGR of 6.41%.

TABLE 174 RUSSIA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 496.56 455.98 469.36 772.24 5.69%

Building & Construction 228.78 209.02 214.08 336.82 5.16%

Mining 121.97 110.88 112.99 169.58 4.61%

Equipment & Machine 195.42 178.85 183.49 293.19 5.35%

Consumer Goods 138.09 125.96 128.80 199.67 4.99%

Others 54.50 49.17 49.72 69.05 3.72%

Total 1,235.31 1,129.86 1,158.43 1,840.55 5.28%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 40.36%, accounting for 455.98 kilo tons in 2020; it is expected to register the highest CAGR of 5.69% from 2021 to 2030. The building & construction segment was the second-largest with a share of 18.50% in 2020, sized at 209.02 kilo tons; it is projected to exhibit a CAGR of 5.16%.

TABLE 175 RUSSIA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 241.94 225.75 236.98 465.62 7.79%

Wheels 143.59 133.59 139.84 268.23 7.51%

Engine Blocks 185.55 171.93 179.25 331.97 7.09%

Cylinder Head 304.73 280.19 289.84 499.54 6.24%

Exhaust Manifold 91.16 83.99 87.07 153.01 6.47%

Seat Frame 111.00 102.59 106.68 193.05 6.81%

Others 252.47 233.07 242.08 433.41 6.69%

Total 1,330.44 1,231.10 1,281.72 2,344.84 6.94%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 22.76% in 2020, with a market value of USD 280.2 million; it is expected to register a CAGR of 6.24% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 225.7 million; it is projected to register the highest CAGR of 7.79%.

TABLE 176 RUSSIA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 95.05 88.02 91.35 161.42 6.53%

Wheels 54.68 50.49 52.25 90.14 6.25%

Engine Blocks 72.14 66.33 68.37 113.89 5.83%

Cylinder Head 117.25 106.99 109.42 169.61 4.99%

Exhaust Manifold 34.37 31.42 32.21 50.90 5.22%

Seat Frame 41.43 38.00 39.06 63.58 5.56%

Others 81.64 74.74 76.70 122.71 5.36%

Total 496.56 455.98 469.36 772.24 5.69%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 23.46%, accounting for 106.99 kilo tons in 2020; it is projected to exhibit a CAGR of 4.99%. The Gearbox segment was the second-largest with a share of 19.30% in 2020, sized at 88.02 kilo tons; it is projected to exhibit the highest CAGR of 6.53%.

TABLE 177 RUSSIA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 303.90 279.78 289.81 506.81 6.41%

Others 230.70 213.26 221.79 402.16 6.84%

Total 534.60 493.04 511.61 908.97 6.59%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 56.75% in 2020, with a market value of USD 279.8 million; it is expected to register a CAGR of 6.41% during the forecast period. The Others segment was valued at USD 213.3 million; it is projected to register a higher CAGR of 6.84%.

TABLE 178 RUSSIA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 112.21 102.52 104.99 165.12 5.16%

Others 83.21 76.33 78.50 128.06 5.59%

Total 195.42 178.85 183.49 293.19 5.35%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 57.32%, accounting for 102.52 kilo tons in 2020; it is projected to exhibit a CAGR of 5.16%. The Others segment accounted for a share of 42.68% in 2020, sized at 76.33 kilo tons; it is projected to exhibit a higher CAGR of 5.59%.

9.3.7 REST OF EUROPE

TABLE 179 REST OF EUROPE: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 4,607.58 4,214.02 4,336.15 7,124.11 5.67%

Aluminium 1,888.92 1,752.34 1,828.78 3,396.82 7.12%

Stainless Steel 963.96 892.37 929.37 1,697.17 6.92%

Zinc 328.29 302.08 312.74 542.84 6.32%

Magnesium 215.72 197.60 203.64 339.42 5.84%

Carbon Steel 166.39 151.04 154.24 235.42 4.81%

High Steel Alloy 234.99 214.55 220.39 356.34 5.48%

Others 589.55 530.95 537.81 753.21 3.81%

Total 8,995.40 8,254.96 8,523.13 14,445.33 6.04%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 51.05% in 2020, with a market value of USD 4,214.0 million; it is expected to register a CAGR of 5.67% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 1,752.3 million; it is projected to register the highest CAGR of 7.12%.

TABLE 180 REST OF EUROPE: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 1,742.27 1,581.31 1,608.74 2,377.05 4.43%

Aluminium 699.53 644.01 664.50 1,110.02 5.87%

Stainless Steel 339.49 311.88 321.14 527.42 5.67%

Zinc 119.12 108.78 111.34 173.81 5.07%

Magnesium 77.80 70.72 72.06 108.02 4.60%

Carbon Steel 62.59 56.38 56.92 78.14 3.58%

High Steel Alloy 87.93 79.67 80.92 117.66 4.25%

Others 222.93 199.24 199.53 251.32 2.60%

Total 3,351.67 3,051.99 3,115.16 4,743.43 4.78%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 51.81%, accounting for 1,581.31 kilo tons in 2020; it is projected to exhibit a CAGR of 4.43%. The aluminium segment was the second-largest with a share of 21.10% in 2020, sized at 644.01 kilo tons; it is projected to exhibit the highest CAGR of 5.87%.

TABLE 181 REST OF EUROPE: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 4,582.64 4,213.71 4,359.15 7,518.33 6.24%

Die Casting 2,227.38 2,056.26 2,135.68 3,811.92 6.65%

Shell Mold Casting 691.48 631.24 648.31 1,046.50 5.46%

Gravity Casting 424.73 381.16 384.66 516.60 3.33%

Vacuum Casting 226.94 203.00 204.16 263.25 2.86%

Investment Casting 480.16 439.74 453.10 753.82 5.82%

Others 362.07 329.85 338.06 534.92 5.23%

Total 8,995.40 8,254.96 8,523.13 14,445.33 6.04%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 51.04% in 2020, with a market value of USD 4,213.7 million; it is expected to register a CAGR of 6.24% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 2,056.3 million; it is projected to register the highest CAGR of 6.65%.

TABLE 182 REST OF EUROPE: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 1,770.11 1,615.20 1,652.05 2,562.53 5.00%

Die Casting 824.88 755.70 776.02 1,245.67 5.40%

Shell Mold Casting 261.47 236.87 240.53 349.18 4.23%

Gravity Casting 152.57 135.88 135.58 163.75 2.12%

Vacuum Casting 79.93 70.95 70.55 81.81 1.66%

Investment Casting 174.23 158.34 161.31 241.36 4.58%

Others 88.48 79.05 79.13 99.14 2.54%

Total 3,351.67 3,051.99 3,115.16 4,743.43 4.78%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 52.92%, accounting for 1,615.20 kilo tons in 2020; it is projected to exhibit a CAGR of 5.00%. The die casting segment was the second-largest with a share of 24.76% in 2020, sized at 755.70 kilo tons; it is projected to exhibit the highest CAGR of 5.40%.

TABLE 183 REST OF EUROPE: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 3,689.03 3,398.00 3,521.43 6,166.91 6.42%

Building & Construction 1,490.02 1,365.57 1,408.08 2,358.19 5.90%

Mining 972.72 887.52 911.05 1,463.32 5.41%

Equipment & Machine 1,423.54 1,307.05 1,350.22 2,299.14 6.09%

Consumer Goods 889.09 813.28 836.98 1,377.10 5.69%

Others 531.00 483.54 495.38 780.68 5.18%

Total 8,995.40 8,254.96 8,523.13 14,445.33 6.04%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 41.16% in 2020, with a market value of USD 3,398.0 million; it is expected to register the highest CAGR of 6.42% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 1,365.6 million; it is projected to exhibit a CAGR of 5.90%.

TABLE 184 REST OF EUROPE: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 1,394.94 1,275.10 1,306.47 2,057.67 5.18%

Building & Construction 557.55 507.09 516.97 778.64 4.66%

Mining 356.56 322.84 327.66 473.31 4.17%

Equipment & Machine 527.19 480.36 490.61 751.32 4.85%

Consumer Goods 322.61 292.85 297.98 440.92 4.45%

Others 192.82 173.75 175.47 241.58 3.62%

Total 3,351.67 3,051.99 3,115.16 4,743.43 4.78%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 41.78%, accounting for 1,275.10 kilo tons in 2020; it is expected to register the highest CAGR of 5.18% from 2021 to 2030. The building & construction segment was the second-largest with a share of 16.62% in 2020, sized at 507.09 kilo tons; it is projected to exhibit a CAGR of 4.66%.

TABLE 185 REST OF EUROPE: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030

(USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 731.45 678.91 708.92 1,325.87 7.20%

Wheels 366.14 339.25 353.65 651.96 7.03%

Engine Blocks 557.04 513.75 533.08 944.22 6.56%

Cylinder Head 802.33 734.09 755.63 1,242.55 5.68%

Exhaust Manifold 215.16 197.17 203.29 339.53 5.86%

Seat Frame 303.16 278.90 288.68 500.00 6.29%

Others 713.76 655.93 678.17 1,162.79 6.17%

Total 3,689.03 3,398.00 3,521.43 6,166.91 6.42%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 21.60% in 2020, with a market value of USD 734.1 million; it is expected to register a CAGR of 5.68% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 678.9 million; it is projected to register the highest CAGR of 7.20%.

TABLE 186 REST OF EUROPE: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030

(KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 291.14 268.17 276.86 465.68 5.95%

Wheels 141.27 129.90 133.88 221.97 5.78%

Engine Blocks 219.41 200.82 206.02 328.18 5.31%

Cylinder Head 312.77 283.99 289.01 427.41 4.44%

Exhaust Manifold 82.18 74.74 76.18 114.43 4.62%

Seat Frame 114.63 104.66 107.10 166.83 5.05%

Others 233.53 212.83 217.41 333.16 4.86%

Total 1,394.94 1,275.10 1,306.47 2,057.67 5.18%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 22.27%, accounting for 283.99 kilo tons in 2020; it is projected to exhibit a CAGR of 4.44%. The Gearbox segment was the second-largest with a share of 21.03% in 2020, sized at 268.17 kilo tons; it is projected to exhibit the highest CAGR of 5.95%.

TABLE 187 REST OF EUROPE: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 802.08 735.14 758.09 1,270.38 5.90%

Others 621.47 571.91 592.13 1,028.76 6.33%

Total 1,423.54 1,307.05 1,350.22 2,299.14 6.09%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 56.24% in 2020, with a market value of USD 735.1 million; it is expected to register a CAGR of 5.90% during the forecast period. The Others segment was valued at USD 571.9 million; it is projected to register a higher CAGR of 6.33%.

TABLE 188 REST OF EUROPE: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 300.04 272.90 278.24 419.33 4.66%

Others 227.15 207.45 212.37 331.99 5.09%

Total 527.19 480.36 490.61 751.32 4.85%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 56.81%, accounting for 272.90 kilo tons in 2020; it is projected to exhibit a CAGR of 4.66%. The Others segment accounted for a share of 43.19% in 2020, sized at 207.45 kilo tons; it is projected to exhibit a higher CAGR of 5.09%.

9.4 ASIA-PACIFIC

FIGURE 25 ASIA-PACIFIC: METAL CASTING MARKET SHARE, BY COUNTRY, 2020 (% SHARE)

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

TABLE 189 ASIA-PACIFIC: METAL CASTING MARKET, BY COUNTRY, 2022-2030 (USD MILLION)

Country 2019 2020 2021 2030 CAGR (2022-2030)

China 95,871.71 89,947.90 94,956.58 197,522.70 8.48%

Japan 11,834.65 11,057.26 11,624.55 23,300.69 8.03%

India 24,428.64 22,878.79 24,110.35 49,381.83 8.29%

South Korea 6,238.94 5,784.28 6,033.80 11,232.24 7.15%

Australia & New Zealand 5,664.84 5,280.49 5,538.51 10,866.19 7.78%

Rest of Asia Pacific 9,037.81 8,234.00 8,435.02 12,867.90 4.80%

Total 153,076.59 143,182.72 150,698.81 305,171.55 8.16%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

China accounted for the largest market share of 62.82% in 2020, with a market value of USD 89,947.9 million; the market is expected to register the highest CAGR of 8.48% during the forecast period. India was the second-largest market in 2020, valued at USD 22,878.8 million; the market is projected to exhibit a CAGR of 8.29%.

TABLE 190 ASIA-PACIFIC: METAL CASTING MARKET, BY COUNTRY, 2022-2030 (KILO TONS)

Country 2019 2020 2021 2030 CAGR (2022-2030)

China 40,471.43 37,677.04 39,320.94 73,485.21 7.20%

Japan 4,866.20 4,511.39 4,688.70 8,443.63 6.75%

India 10,281.34 9,554.57 9,953.94 18,316.48 7.01%

South Korea 2,596.46 2,388.62 2,463.21 4,119.66 5.88%

Australia & New Zealand 2,349.20 2,172.87 2,253.02 3,971.32 6.50%

Rest of Asia Pacific 3,792.79 3,428.83 3,472.54 4,760.65 3.57%

Total 64,357.43 59,733.32 62,152.35 113,096.95 6.88%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

China market dominated with a share of 63.08%, accounting for 37,677.04 kilo tons in 2020 and is projected to register the highest CAGR of 7.20% from 2021 to 2030. The market in India was the second-largest with a share of 16.00% in 2020, sized at 9,554.57 kilo tons; it is projected to exhibit a CAGR of 7.01%.

TABLE 191 ASIA-PACIFIC: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 78,383.63 73,070.78 76,646.93 150,487.62 7.78%

Aluminium 34,594.79 32,688.17 34,750.64 76,680.56 9.19%

Stainless Steel 15,982.39 15,082.87 16,015.26 35,009.72 9.08%

Zinc 5,042.46 4,727.32 4,986.80 10,304.79 8.40%

Magnesium 3,497.55 3,263.70 3,426.83 6,790.20 7.89%

Carbon Steel 2,175.16 2,004.55 2,078.18 3,633.19 6.40%

High Steel Alloy 3,768.11 3,501.94 3,661.97 6,982.25 7.43%

Others 9,632.50 8,843.40 9,132.21 15,283.22 5.89%

Total 153,076.59 143,182.72 150,698.81 305,171.55 8.16%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 51.03% in 2020, with a market value of USD 73,070.8 million; it is expected to register a CAGR of 7.78% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 32,688.2 million; it is projected to register the highest CAGR of 9.19%.

TABLE 192 ASIA-PACIFIC: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 33,442.64 30,938.78 32,086.63 56,666.22 6.52%

Aluminium 14,457.70 13,556.96 14,249.62 28,282.14 7.91%

Stainless Steel 6,349.84 5,946.89 6,243.25 12,276.27 7.80%

Zinc 2,063.06 1,919.42 2,001.92 3,721.09 7.13%

Magnesium 1,422.12 1,316.94 1,367.15 2,436.66 6.63%

Carbon Steel 923.13 844.25 865.39 1,360.85 5.16%

High Steel Alloy 1,589.64 1,466.11 1,515.79 2,599.56 6.18%

Others 4,109.30 3,743.97 3,822.59 5,754.17 4.65%

Total 64,357.43 59,733.32 62,152.35 113,096.95 6.88%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 51.79%, accounting for 30,938.78 kilo tons in 2020; it is projected to exhibit a CAGR of 6.52%. The aluminium segment was the second-largest with a share of 22.70% in 2020, sized at 13,556.96 kilo tons; it is projected to exhibit the highest CAGR of 7.91%.

TABLE 193 ASIA-PACIFIC: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 74,682.30 70,043.31 73,917.89 153,287.28 8.44%

Die Casting 35,542.77 33,465.32 35,453.30 76,004.08 8.84%

Shell Mold Casting 11,328.86 10,537.63 11,028.68 21,202.96 7.53%

Gravity Casting 9,201.08 8,420.32 8,666.34 13,964.39 5.44%

Vacuum Casting 5,217.89 4,790.82 4,947.79 8,298.75 5.91%

Investment Casting 8,710.77 8,129.59 8,537.21 16,940.02 7.91%

Others 8,392.92 7,795.74 8,147.60 15,474.06 7.39%

Total 153,076.59 143,182.72 150,698.81 305,171.55 8.16%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 48.92% in 2020, with a market value of USD 70,043.3 million; it is expected to register a CAGR of 8.44% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 33,465.3 million; it is projected to register the highest CAGR of 8.84%.

TABLE 194 ASIA-PACIFIC: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 32,548.98 30,294.96 31,609.89 58,961.99 7.17%

Die Casting 14,848.12 13,873.95 14,532.23 28,022.83 7.57%

Shell Mold Casting 4,831.49 4,459.86 4,614.99 7,980.54 6.27%

Gravity Casting 3,731.42 3,388.85 3,448.54 4,998.92 4.21%

Vacuum Casting 2,074.59 1,890.32 1,930.24 2,912.46 4.68%

Investment Casting 3,563.87 3,300.79 3,427.17 6,116.83 6.65%

Others 2,758.97 2,524.59 2,589.29 4,103.38 5.25%

Total 64,357.43 59,733.32 62,152.35 113,096.95 6.88%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 50.72%, accounting for 30,294.96 kilo tons in 2020; it is projected to exhibit a CAGR of 7.17%. The die casting segment was the second-largest with a share of 23.23% in 2020, sized at 13,873.95 kilo tons; it is projected to exhibit the highest CAGR of 7.57%.

TABLE 195 ASIA-PACIFIC: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 62,484.27 58,668.05 61,981.68 129,774.55 8.56%

Building & Construction 27,627.67 25,812.32 27,136.06 54,382.87 8.03%

Mining 15,265.42 14,183.61 14,828.01 28,204.29 7.41%

Equipment & Machine 21,723.44 20,328.96 21,406.18 43,531.83 8.21%

Consumer Goods 16,979.17 15,839.93 16,627.41 32,870.05 7.87%

Others 8,996.62 8,349.85 8,719.47 16,407.96 7.28%

Total 153,076.59 143,182.72 150,698.81 305,171.55 8.16%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 40.97% in 2020, with a market value of USD 58,668.0 million; it is expected to register the highest CAGR of 8.56% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 25,812.3 million; it is projected to exhibit a CAGR of 8.03%.

TABLE 196 ASIA-PACIFIC: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 26,657.33 24,838.88 25,945.59 48,863.45 7.29%

Building & Construction 11,665.64 10,816.22 11,242.55 20,266.28 6.77%

Mining 6,310.90 5,819.05 6,014.75 10,290.43 6.15%

Equipment & Machine 9,074.39 8,427.31 8,773.70 16,048.96 6.94%

Consumer Goods 6,952.94 6,437.09 6,680.84 11,879.64 6.60%

Others 3,696.23 3,394.77 3,494.91 5,748.19 5.68%

Total 64,357.43 59,733.32 62,152.35 113,096.95 6.88%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 41.58%, accounting for 24,838.88 kilo tons in 2020; it is expected to register the highest CAGR of 7.29% from 2021 to 2030. The building & construction segment was the second-largest with a share of 18.11% in 2020, sized at 10,816.22 kilo tons; it is projected to exhibit a CAGR of 6.77%.

TABLE 197 ASIA-PACIFIC: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030

(USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 12,099.63 11,450.93 12,193.08 27,326.75 9.38%

Wheels 6,480.87 6,118.72 6,499.88 14,279.43 9.14%

Engine Blocks 9,222.49 8,670.70 9,172.55 19,433.56 8.70%

Cylinder Head 14,749.12 13,762.73 14,449.65 28,550.23 7.86%

Exhaust Manifold 4,259.82 3,981.49 4,187.19 8,405.45 8.05%

Seat Frame 5,029.48 4,715.69 4,975.05 10,284.88 8.40%

Others 10,642.87 9,967.78 10,504.28 21,494.25 8.28%

Total 62,484.27 58,668.05 61,981.68 129,774.55 8.56%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 23.46% in 2020, with a market value of USD 13,762.7 million; it is expected to register a CAGR of 7.86% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 11,450.9 million; it is projected to register the highest CAGR of 9.38%.

TABLE 198 ASIA-PACIFIC: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030

(KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 5,434.05 5,103.60 5,373.02 10,831.40 8.10%

Wheels 2,820.79 2,642.91 2,775.86 5,485.33 7.86%

Engine Blocks 4,098.79 3,824.25 3,999.93 7,622.69 7.43%

Cylinder Head 6,486.71 6,006.86 6,235.48 11,081.93 6.60%

Exhaust Manifold 1,835.39 1,702.42 1,770.16 3,196.26 6.79%

Seat Frame 2,145.24 1,996.10 2,082.11 3,871.69 7.14%

Others 3,836.37 3,562.75 3,709.03 6,774.14 6.92%

Total 26,657.33 24,838.88 25,945.59 48,863.45 7.29%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 24.18%, accounting for 6,006.86 kilo tons in 2020; it is projected to exhibit a CAGR of 6.60%. The Gearbox segment was the second-largest with a share of 20.55% in 2020, sized at 5,103.60 kilo tons; it is projected to exhibit the highest CAGR of 8.10%.

TABLE 199 ASIA-PACIFIC: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 12,342.82 11,530.81 12,121.08 24,270.01 8.02%

Others 9,380.62 8,798.15 9,285.10 19,261.82 8.45%

Total 21,723.44 20,328.96 21,406.18 43,531.83 8.21%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 56.72% in 2020, with a market value of USD 11,530.8 million; it is expected to register a CAGR of 8.02% during the forecast period. The Others segment was valued at USD 8,798.2 million; it is projected to register a higher CAGR of 8.45%.

TABLE 200 ASIA-PACIFIC: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 5,208.13 4,828.50 5,018.38 9,038.34 6.76%

Others 3,866.26 3,598.81 3,755.32 7,010.62 7.18%

Total 9,074.39 8,427.31 8,773.70 16,048.96 6.94%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 57.30%, accounting for 4,828.50 kilo tons in 2020; it is projected to exhibit a CAGR of 6.76%. The Others segment accounted for a share of 42.70% in 2020, sized at 3,598.81 kilo tons; it is projected to exhibit a higher CAGR of 7.18%.

9.4.1 CHINA

TABLE 201 CHINA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 48,997.16 45,813.83 48,200.44 97,187.44 8.10%

Aluminium 22,062.06 20,904.67 22,285.93 50,419.53 9.50%

Stainless Steel 10,335.87 9,781.77 10,415.70 23,334.75 9.38%

Zinc 2,892.34 2,722.55 2,883.58 6,174.48 8.83%

Magnesium 1,954.73 1,830.02 1,927.79 3,932.61 8.24%

Carbon Steel 1,257.50 1,161.85 1,207.60 2,157.66 6.66%

High Steel Alloy 1,987.37 1,852.72 1,943.38 3,808.55 7.76%

Others 6,384.67 5,880.48 6,092.17 10,507.68 6.24%

Total 95,871.71 89,947.90 94,956.58 197,522.70 8.48%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 50.93% in 2020, with a market value of USD 45,813.8 million; it is expected to register a CAGR of 8.10% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 20,904.7 million; it is projected to register the highest CAGR of 9.50%.

TABLE 202 CHINA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 20,989.95 19,476.63 20,259.58 36,737.93 6.84%

Aluminium 9,256.32 8,703.87 9,174.07 18,666.17 8.21%

Stainless Steel 4,123.93 3,873.10 4,077.47 8,215.44 8.09%

Zinc 1,188.99 1,110.66 1,163.05 2,239.72 7.55%

Magnesium 798.71 742.06 772.86 1,417.91 6.98%

Carbon Steel 535.88 491.35 504.92 811.35 5.41%

High Steel Alloy 842.50 779.43 808.33 1,424.68 6.50%

Others 2,735.14 2,499.94 2,560.66 3,972.02 5.00%

Total 40,471.43 37,677.04 39,320.94 73,485.21 7.20%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 51.69%, accounting for 19,476.63 kilo tons in 2020; it is projected to exhibit a CAGR of 6.84%. The aluminium segment was the second-largest with a share of 23.10% in 2020, sized at 8,703.87 kilo tons; it is projected to exhibit the highest CAGR of 8.21%.

TABLE 203 CHINA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 46,401.53 43,650.98 46,204.66 98,412.35 8.76%

Die Casting 21,908.87 20,697.61 22,000.50 48,575.90 9.20%

Shell Mold Casting 6,922.84 6,458.90 6,780.37 13,389.94 7.85%

Gravity Casting 5,958.19 5,468.13 5,643.95 9,334.10 5.75%

Vacuum Casting 3,500.73 3,226.96 3,346.00 5,825.97 6.36%

Investment Casting 5,328.51 4,989.47 5,256.96 10,741.77 8.26%

Others 5,851.03 5,455.84 5,724.12 11,242.67 7.79%

Total 95,871.71 89,947.90 94,956.58 197,522.70 8.48%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 48.53% in 2020, with a market value of USD 43,651.0 million; it is expected to register a CAGR of 8.76% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 20,697.6 million; it is projected to register the highest CAGR of 9.20%.

TABLE 204 CHINA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 20,305.49 18,956.23 19,838.36 38,000.98 7.49%

Die Casting 9,192.05 8,617.66 9,056.57 17,983.63 7.92%

Shell Mold Casting 2,965.68 2,745.84 2,849.92 5,061.54 6.59%

Gravity Casting 2,424.82 2,208.41 2,253.65 3,351.97 4.51%

Vacuum Casting 1,396.76 1,277.72 1,309.87 2,051.14 5.11%

Investment Casting 2,190.46 2,035.45 2,120.33 3,896.45 6.99%

Others 1,996.17 1,835.74 1,892.24 3,139.50 5.79%

Total 40,471.43 37,677.04 39,320.94 73,485.21 7.20%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 50.31%, accounting for 18,956.23 kilo tons in 2020; it is projected to exhibit a CAGR of 7.49%. The die casting segment was the second-largest with a share of 22.87% in 2020, sized at 8,617.66 kilo tons; it is projected to exhibit the highest CAGR of 7.92%.

TABLE 205 CHINA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 39,557.04 37,250.46 39,469.96 84,818.96 8.87%

Building & Construction 17,412.08 16,316.45 17,204.17 35,397.10 8.35%

Mining 8,588.58 8,002.14 8,388.87 16,349.39 7.70%

Equipment & Machine 13,137.43 12,333.34 13,028.20 27,251.57 8.55%

Consumer Goods 11,334.40 10,605.16 11,165.18 22,654.56 8.18%

Others 5,842.17 5,440.35 5,700.19 11,051.12 7.63%

Total 95,871.71 89,947.90 94,956.58 197,522.70 8.48%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 41.41% in 2020, with a market value of USD 37,250.5 million; it is expected to register the highest CAGR of 8.87% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 16,316.5 million; it is projected to exhibit a CAGR of 8.35%.

TABLE 206 CHINA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 16,945.89 15,836.12 16,589.99 32,062.50 7.60%

Building & Construction 7,381.48 6,864.28 7,155.92 13,241.11 7.08%

Mining 3,566.64 3,297.77 3,418.07 5,991.06 6.43%

Equipment & Machine 5,511.92 5,135.11 5,363.10 10,089.00 7.27%

Consumer Goods 4,659.38 4,326.36 4,503.33 8,217.67 6.91%

Others 2,406.13 2,217.39 2,290.54 3,883.88 6.04%

Total 40,471.43 37,677.04 39,320.94 73,485.21 7.20%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 42.03%, accounting for 15,836.12 kilo tons in 2020; it is expected to register the highest CAGR of 7.60% from 2021 to 2030. The building & construction segment was the second-largest with a share of 18.22% in 2020, sized at 6,864.28 kilo tons; it is projected to exhibit a CAGR of 7.08%.

TABLE 207 CHINA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 7,695.51 7,303.41 7,798.56 17,919.04 9.68%

Wheels 3,959.64 3,750.66 3,997.34 9,038.95 9.49%

Engine Blocks 5,985.30 5,643.44 5,987.28 13,012.92 9.01%

Cylinder Head 9,275.08 8,680.05 9,139.81 18,530.29 8.17%

Exhaust Manifold 2,667.93 2,501.30 2,638.61 5,443.52 8.38%

Seat Frame 3,129.97 2,943.73 3,115.18 6,618.03 8.73%

Others 6,843.61 6,427.87 6,793.18 14,256.21 8.59%

Total 39,557.04 37,250.46 39,469.96 84,818.96 8.87%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 23.30% in 2020, with a market value of USD 8,680.1 million; it is expected to register a CAGR of 8.17% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 7,303.4 million; it is projected to register the highest CAGR of 9.68%.

TABLE 208 CHINA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 3,470.20 3,268.28 3,450.41 7,130.10 8.40%

Wheels 1,730.89 1,627.04 1,714.45 3,486.55 8.21%

Engine Blocks 2,670.88 2,499.14 2,621.43 5,123.99 7.73%

Cylinder Head 4,096.25 3,804.24 3,960.45 7,221.29 6.90%

Exhaust Manifold 1,154.46 1,074.11 1,120.26 2,078.49 7.11%

Seat Frame 1,340.85 1,251.46 1,309.37 2,501.69 7.46%

Others 2,482.35 2,311.86 2,413.62 4,520.39 7.22%

Total 16,945.89 15,836.12 16,589.99 32,062.50 7.60%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 24.02%, accounting for 3,804.24 kilo tons in 2020; it is projected to exhibit a CAGR of 6.90%. The Gearbox segment was the second-largest with a share of 20.64% in 2020, sized at 3,268.28 kilo tons; it is projected to exhibit the highest CAGR of 8.40%.

TABLE 209 CHINA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 7,559.64 7,084.74 7,470.99 15,384.54 8.36%

Others 5,577.79 5,248.61 5,557.21 11,867.04 8.80%

Total 13,137.43 12,333.34 13,028.20 27,251.57 8.55%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 57.44% in 2020, with a market value of USD 7,084.7 million; it is expected to register a CAGR of 8.36% during the forecast period. The Others segment was valued at USD 5,248.6 million; it is projected to register a higher CAGR of 8.80%.

TABLE 210 CHINA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 3,203.75 2,979.60 3,106.52 5,753.15 7.09%

Others 2,308.17 2,155.51 2,256.58 4,335.85 7.53%

Total 5,511.92 5,135.11 5,363.10 10,089.00 7.27%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 58.02%, accounting for 2,979.60 kilo tons in 2020; it is projected to exhibit a CAGR of 7.09%. The Others segment accounted for a share of 41.98% in 2020, sized at 2,155.51 kilo tons; it is projected to exhibit a higher CAGR of 7.53%.

9.4.2 JAPAN

TABLE 211 JAPAN: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 5,911.02 5,503.61 5,765.86 11,194.99 7.65%

Aluminium 2,469.56 2,332.65 2,478.93 5,448.15 9.14%

Stainless Steel 1,340.72 1,263.03 1,338.74 2,879.99 8.88%

Zinc 449.54 421.10 443.85 910.25 8.31%

Magnesium 348.55 325.16 341.33 674.82 7.87%

Carbon Steel 143.29 131.68 136.12 231.10 6.06%

High Steel Alloy 315.74 293.54 307.06 587.76 7.48%

Others 856.22 786.49 812.67 1,373.63 6.01%

Total 11,834.65 11,057.26 11,624.55 23,300.69 8.03%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 49.77% in 2020, with a market value of USD 5,503.6 million; it is expected to register a CAGR of 7.65% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 2,332.7 million; it is projected to register the highest CAGR of 9.14%.

TABLE 212 JAPAN: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 2,468.31 2,280.66 2,362.33 4,125.01 6.39%

Aluminium 1,009.97 946.71 994.70 1,966.08 7.86%

Stainless Steel 521.43 487.47 510.85 988.36 7.61%

Zinc 180.13 167.45 174.50 321.85 7.04%

Magnesium 138.82 128.52 133.39 237.17 6.60%

Carbon Steel 59.52 54.28 55.48 84.71 4.81%

High Steel Alloy 130.47 120.37 124.49 214.32 6.22%

Others 357.54 325.92 332.96 506.14 4.76%

Total 4,866.20 4,511.39 4,688.70 8,443.63 6.75%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 50.55%, accounting for 2,280.66 kilo tons in 2020; it is projected to exhibit a CAGR of 6.39%. The aluminium segment was the second-largest with a share of 20.98% in 2020, sized at 946.71 kilo tons; it is projected to exhibit the highest CAGR of 7.86%.

TABLE 213 JAPAN: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 5,490.10 5,143.80 5,422.78 11,141.27 8.33%

Die Casting 2,949.84 2,773.55 2,934.21 6,212.41 8.69%

Shell Mold Casting 1,024.64 952.87 997.07 1,914.04 7.52%

Gravity Casting 514.99 466.21 474.41 667.75 3.87%

Vacuum Casting 302.66 275.73 282.47 432.76 4.85%

Investment Casting 865.22 807.16 847.29 1,675.12 7.87%

Others 687.19 637.92 666.31 1,257.34 7.31%

Total 11,834.65 11,057.26 11,624.55 23,300.69 8.03%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 46.52% in 2020, with a market value of USD 5,143.8 million; it is expected to register a CAGR of 8.33% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 2,773.5 million; it is projected to register the highest CAGR of 8.69%.

TABLE 214 JAPAN: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 2,341.84 2,177.40 2,269.54 4,193.50 7.06%

Die Casting 1,206.39 1,125.65 1,177.39 2,241.88 7.42%

Shell Mold Casting 427.87 394.87 408.51 705.27 6.26%

Gravity Casting 204.30 183.54 184.65 233.74 2.65%

Vacuum Casting 117.71 106.42 107.79 148.52 3.63%

Investment Casting 346.70 320.97 333.12 592.29 6.60%

Others 221.40 202.55 207.70 328.43 5.22%

Total 4,866.20 4,511.39 4,688.70 8,443.63 6.75%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 48.26%, accounting for 2,177.40 kilo tons in 2020; it is projected to exhibit a CAGR of 7.06%. The die casting segment was the second-largest with a share of 24.95% in 2020, sized at 1,125.65 kilo tons; it is projected to exhibit the highest CAGR of 7.42%.

TABLE 215 JAPAN: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 4,978.32 4,668.20 4,925.46 10,192.75 8.42%

Building & Construction 1,977.52 1,845.21 1,937.35 3,837.68 7.89%

Mining 1,169.66 1,085.97 1,134.47 2,144.03 7.33%

Equipment & Machine 1,759.75 1,645.08 1,730.46 3,486.13 8.09%

Consumer Goods 1,291.91 1,203.51 1,261.54 2,461.63 7.71%

Others 657.48 609.28 635.27 1,178.48 7.11%

Total 11,834.65 11,057.26 11,624.55 23,300.69 8.03%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 42.22% in 2020, with a market value of USD 4,668.2 million; it is expected to register the highest CAGR of 8.42% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 1,845.2 million; it is projected to exhibit a CAGR of 7.89%.

TABLE 216 JAPAN: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 2,078.83 1,934.48 2,018.01 3,755.71 7.15%

Building & Construction 817.17 756.68 785.48 1,399.33 6.63%

Mining 473.47 436.24 450.58 765.82 6.07%

Equipment & Machine 719.68 667.66 694.37 1,258.05 6.83%

Consumer Goods 517.68 478.58 495.98 870.39 6.45%

Others 259.37 237.75 244.29 394.33 5.46%

Total 4,866.20 4,511.39 4,688.70 8,443.63 6.75%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 42.88%, accounting for 1,934.48 kilo tons in 2020; it is expected to register the highest CAGR of 7.15% from 2021 to 2030. The building & construction segment was the second-largest with a share of 16.77% in 2020, sized at 756.68 kilo tons; it is projected to exhibit a CAGR of 6.63%.

TABLE 217 JAPAN: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 918.60 868.47 923.82 2,051.19 9.27%

Wheels 521.18 491.46 521.44 1,133.00 9.01%

Engine Blocks 754.23 708.14 748.11 1,565.76 8.55%

Cylinder Head 1,188.82 1,107.97 1,161.87 2,270.89 7.73%

Exhaust Manifold 383.52 358.24 376.52 751.92 7.99%

Seat Frame 438.91 411.10 433.26 887.42 8.29%

Others 773.07 722.82 760.44 1,532.57 8.10%

Total 4,978.32 4,668.20 4,925.46 10,192.75 8.42%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 23.73% in 2020, with a market value of USD 1,108.0 million; it is expected to register a CAGR of 7.73% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 868.5 million; it is projected to register the highest CAGR of 9.27%.

TABLE 218 JAPAN: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 403.78 378.83 398.42 795.58 7.99%

Wheels 222.07 207.81 218.00 426.00 7.73%

Engine Blocks 328.07 305.68 319.28 600.97 7.28%

Cylinder Head 511.78 473.34 490.75 862.63 6.47%

Exhaust Manifold 161.77 149.95 155.82 279.86 6.72%

Seat Frame 183.28 170.36 177.51 326.99 7.02%

Others 268.09 248.51 258.23 463.69 6.72%

Total 2,078.83 1,934.48 2,018.01 3,755.71 7.15%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 24.47%, accounting for 473.34 kilo tons in 2020; it is projected to exhibit a CAGR of 6.47%. The Gearbox segment was the second-largest with a share of 19.58% in 2020, sized at 378.83 kilo tons; it is projected to exhibit the highest CAGR of 7.99%.

TABLE 219 JAPAN: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 1,008.99 941.62 988.77 1,960.89 7.90%

Others 750.76 703.47 741.69 1,525.25 8.34%

Total 1,759.75 1,645.08 1,730.46 3,486.13 8.09%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 57.24% in 2020, with a market value of USD 941.6 million; it is expected to register a CAGR of 7.90% during the forecast period. The Others segment was valued at USD 703.5 million; it is projected to register a higher CAGR of 8.34%.

TABLE 220 JAPAN: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 416.81 386.01 400.76 714.78 6.64%

Others 302.87 281.64 293.60 543.27 7.08%

Total 719.68 667.66 694.37 1,258.05 6.83%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 57.82%, accounting for 386.01 kilo tons in 2020; it is projected to exhibit a CAGR of 6.64%. The Others segment accounted for a share of 42.18% in 2020, sized at 281.64 kilo tons; it is projected to exhibit a higher CAGR of 7.08%.

9.4.3 INDIA

TABLE 221 INDIA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 12,897.64 12,039.64 12,645.88 25,130.14 7.93%

Aluminium 5,408.00 5,117.32 5,448.01 12,175.26 9.35%

Stainless Steel 2,118.12 2,005.32 2,136.00 4,793.51 9.40%

Zinc 859.54 807.27 853.11 1,791.15 8.59%

Magnesium 673.06 629.34 662.14 1,336.44 8.12%

Carbon Steel 424.53 393.01 409.34 749.51 6.95%

High Steel Alloy 789.83 736.68 773.12 1,524.35 7.83%

Others 1,257.91 1,150.22 1,182.75 1,881.47 5.29%

Total 24,428.64 22,878.79 24,110.35 49,381.83 8.29%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 52.62% in 2020, with a market value of USD 12,039.6 million; it is expected to register a CAGR of 7.93% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 5,117.3 million; it is projected to exhibit a CAGR of 9.35%. However, the stainless steel segment is expected to register the highest CAGR of 7.93%.

TABLE 222 INDIA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 5,503.31 5,098.05 5,294.22 9,461.78 6.66%

Aluminium 2,259.97 2,122.19 2,233.79 4,489.60 8.07%

Stainless Steel 841.76 790.86 832.87 1,680.95 8.12%

Zinc 351.94 328.02 342.72 647.14 7.32%

Magnesium 273.92 254.18 264.41 479.94 6.85%

Carbon Steel 180.19 165.54 170.47 280.72 5.70%

High Steel Alloy 333.50 308.69 320.30 567.95 6.57%

Others 536.74 487.05 495.16 708.40 4.06%

Total 10,281.34 9,554.57 9,953.94 18,316.48 7.01%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 53.36%, accounting for 5,098.05 kilo tons in 2020 and is projected to register a CAGR of 6.66%. The aluminium segment was the second-largest with a share of 22.21% in 2020, sized at 2,122.19 kilo tons; it is projected to exhibit a CAGR of 8.07%. However, the stainless steel segment is expected to register the highest CAGR of 8.12%.

TABLE 223 INDIA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 12,670.83 11,896.53 12,568.08 26,315.34 8.56%

Die Casting 5,627.31 5,304.26 5,625.57 12,180.93 8.96%

Shell Mold Casting 1,789.39 1,666.65 1,746.66 3,398.67 7.68%

Gravity Casting 1,634.01 1,499.29 1,547.29 2,566.73 5.78%

Vacuum Casting 740.23 678.65 699.79 1,149.76 5.67%

Investment Casting 1,200.60 1,121.95 1,179.74 2,368.20 8.05%

Others 766.26 711.46 743.23 1,402.20 7.31%

Total 24,428.64 22,878.79 24,110.35 49,381.83 8.29%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 52.00% in 2020, with a market value of USD 11,896.5 million; it is expected to register a CAGR of 8.56% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 5,304.3 million; it is projected to register the highest CAGR of 8.96%.

TABLE 224 INDIA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 5,522.80 5,145.78 5,374.80 10,121.09 7.29%

Die Casting 2,351.62 2,199.72 2,306.59 4,491.69 7.69%

Shell Mold Casting 763.52 705.72 731.24 1,279.64 6.42%

Gravity Casting 662.36 603.12 615.38 918.08 4.55%

Vacuum Casting 294.17 267.65 272.86 403.19 4.43%

Investment Casting 491.59 455.88 473.94 855.63 6.78%

Others 195.29 176.70 179.11 247.17 3.64%

Total 10,281.34 9,554.57 9,953.94 18,316.48 7.01%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 53.86%, accounting for 5,145.78 kilo tons in 2020; it is projected to exhibit a CAGR of 7.29%. The die casting segment was the second-largest with a share of 23.02% in 2020, sized at 2,199.72 kilo tons; it is projected to exhibit the highest CAGR of 7.69%.

TABLE 225 INDIA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 9,544.83 8,974.36 9,494.43 20,126.86 8.71%

Building & Construction 4,502.47 4,211.78 4,433.19 8,982.17 8.16%

Mining 3,114.19 2,902.32 3,043.49 5,956.23 7.75%

Equipment & Machine 3,656.67 3,426.59 3,613.07 7,437.32 8.35%

Consumer Goods 2,205.25 2,058.06 2,161.16 4,285.03 7.90%

Others 1,405.22 1,305.68 1,365.01 2,594.22 7.40%

Total 24,428.64 22,878.79 24,110.35 49,381.83 8.29%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 39.23% in 2020, with a market value of USD 8,974.4 million; it is expected to register the highest CAGR of 8.71% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 4,211.8 million; it is projected to exhibit a CAGR of 8.16%.

TABLE 226 INDIA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 4,072.70 3,800.09 3,974.85 7,577.99 7.43%

Building & Construction 1,901.15 1,764.85 1,836.63 3,346.66 6.89%

Mining 1,288.12 1,191.33 1,235.16 2,173.93 6.48%

Equipment & Machine 1,528.10 1,421.04 1,481.43 2,742.50 7.08%

Consumer Goods 902.94 836.25 868.22 1,548.17 6.64%

Others 588.33 541.01 557.65 927.24 5.81%

Total 10,281.34 9,554.57 9,953.94 18,316.48 7.01%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 39.77%, accounting for 3,800.09 kilo tons in 2020; it is expected to register the highest CAGR of 7.43% from 2021 to 2030. The building & construction segment was the second-largest with a share of 18.47% in 2020, sized at 1,764.85 kilo tons; it is projected to exhibit a CAGR of 6.89%.

TABLE 227 INDIA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 1,870.50 1,772.34 1,889.48 4,280.77 9.51%

Wheels 1,068.81 1,010.20 1,074.33 2,383.94 9.26%

Engine Blocks 1,279.36 1,204.62 1,276.25 2,740.25 8.86%

Cylinder Head 2,298.45 2,148.02 2,258.69 4,524.54 8.03%

Exhaust Manifold 639.28 598.40 630.26 1,282.26 8.21%

Seat Frame 760.97 714.59 755.05 1,582.48 8.57%

Others 1,627.47 1,526.18 1,610.37 3,332.61 8.42%

Total 9,544.83 8,974.36 9,494.43 20,126.86 8.71%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 23.94% in 2020, with a market value of USD 2,148.0 million; it is expected to register a CAGR of 8.03% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 1,772.3 million; it is projected to register the highest CAGR of 9.51%.

TABLE 228 INDIA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 840.13 789.98 832.67 1,696.59 8.23%

Wheels 465.36 436.49 458.95 915.90 7.98%

Engine Blocks 568.64 531.34 556.57 1,074.72 7.59%

Cylinder Head 1,011.06 937.69 974.85 1,756.23 6.76%

Exhaust Manifold 275.53 255.95 266.52 487.66 6.94%

Seat Frame 324.70 302.58 316.10 595.82 7.30%

Others 587.28 546.07 569.20 1,051.07 7.05%

Total 4,072.70 3,800.09 3,974.85 7,577.99 7.43%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 24.68%, accounting for 937.69 kilo tons in 2020; it is projected to exhibit a CAGR of 6.76%. The Gearbox segment was the second-largest with a share of 20.79% in 2020, sized at 789.98 kilo tons; it is projected to exhibit the highest CAGR of 8.23%.

TABLE 229 INDIA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 1,997.84 1,868.74 1,966.86 3,982.42 8.15%

Others 1,658.83 1,557.85 1,646.20 3,454.90 8.59%

Total 3,656.67 3,426.59 3,613.07 7,437.32 8.35%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 54.54% in 2020, with a market value of USD 1,868.7 million; it is expected to register a CAGR of 8.15% during the forecast period. The Others segment was valued at USD 1,557.9 million; it is projected to register a higher CAGR of 8.59%.

TABLE 230 INDIA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 843.32 782.81 814.60 1,483.34 6.89%

Others 684.78 638.22 666.83 1,259.15 7.32%

Total 1,528.10 1,421.04 1,481.43 2,742.50 7.08%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 55.09%, accounting for 782.81 kilo tons in 2020; it is projected to exhibit a CAGR of 6.89%. The Others segment accounted for a share of 44.91% in 2020, sized at 638.22 kilo tons; it is projected to exhibit a higher CAGR of 7.32%.

9.4.4 SOUTH KOREA

TABLE 231 SOUTH KOREA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 3,173.07 2,931.82 3,047.85 5,498.90 6.78%

Aluminium 1,306.76 1,224.77 1,291.41 2,635.15 8.25%

Stainless Steel 701.94 656.22 690.20 1,379.63 8.00%

Zinc 244.88 227.60 238.02 452.99 7.41%

Magnesium 136.00 125.84 131.00 239.45 6.93%

Carbon Steel 94.29 86.26 88.78 145.10 5.61%

High Steel Alloy 162.60 149.99 155.66 276.41 6.59%

Others 419.39 381.78 390.89 604.60 4.97%

Total 6,238.94 5,784.28 6,033.80 11,232.24 7.15%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 50.69% in 2020, with a market value of USD 2,931.8 million; it is expected to register a CAGR of 6.78% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 1,224.8 million; it is projected to register the highest CAGR of 8.25%.

TABLE 232 SOUTH KOREA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 1,340.62 1,229.25 1,263.45 2,050.06 5.53%

Aluminium 540.72 502.93 524.30 962.16 6.98%

Stainless Steel 276.22 256.26 266.48 479.05 6.73%

Zinc 99.28 91.57 94.68 162.06 6.15%

Magnesium 54.81 50.32 51.80 85.15 5.68%

Carbon Steel 39.63 35.98 36.61 53.81 4.37%

High Steel Alloy 67.98 62.23 63.86 101.98 5.34%

Others 177.19 160.07 162.04 225.40 3.74%

Total 2,596.46 2,388.62 2,463.21 4,119.66 5.88%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 51.46%, accounting for 1,229.25 kilo tons in 2020; it is projected to exhibit a CAGR of 5.53%. The aluminium segment was the second-largest with a share of 21.06% in 2020, sized at 502.93 kilo tons; it is projected to exhibit the highest CAGR of 6.98%.

TABLE 233 SOUTH KOREA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 3,045.24 2,830.81 2,960.74 5,642.27 7.43%

Die Casting 1,416.31 1,322.26 1,388.85 2,745.27 7.87%

Shell Mold Casting 535.40 494.05 512.93 914.09 6.63%

Gravity Casting 399.37 362.43 369.89 551.77 4.54%

Vacuum Casting 188.30 170.89 174.41 260.28 4.55%

Investment Casting 354.92 328.42 341.93 625.51 6.94%

Others 299.40 275.43 285.06 493.05 6.28%

Total 6,238.94 5,784.28 6,033.80 11,232.24 7.15%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 48.94% in 2020, with a market value of USD 2,830.8 million; it is expected to register a CAGR of 7.43% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 1,322.3 million; it is projected to register the highest CAGR of 7.87%.

TABLE 234 SOUTH KOREA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 1,314.28 1,212.42 1,253.73 2,148.75 6.17%

Die Casting 586.05 542.97 563.86 1,002.37 6.60%

Shell Mold Casting 226.21 207.14 212.63 340.78 5.38%

Gravity Casting 160.30 144.36 145.67 195.42 3.32%

Vacuum Casting 74.10 66.73 67.34 90.37 3.32%

Investment Casting 143.89 132.14 136.02 223.78 5.69%

Others 91.63 82.86 83.97 118.19 3.87%

Total 2,596.46 2,388.62 2,463.21 4,119.66 5.88%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 50.76%, accounting for 1,212.42 kilo tons in 2020; it is projected to exhibit a CAGR of 6.17%. The die casting segment was the second-largest with a share of 22.73% in 2020, sized at 542.97 kilo tons; it is projected to exhibit the highest CAGR of 6.60%.

TABLE 235 SOUTH KOREA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 2,558.86 2,381.24 2,493.18 4,795.60 7.54%

Building & Construction 1,100.84 1,019.36 1,062.01 1,954.88 7.01%

Mining 617.42 568.84 589.63 1,034.96 6.45%

Equipment & Machine 980.02 909.08 948.80 1,774.60 7.20%

Consumer Goods 681.36 629.85 655.09 1,187.16 6.83%

Others 300.43 275.92 285.09 485.04 6.08%

Total 6,238.94 5,784.28 6,033.80 11,232.24 7.15%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 41.17% in 2020, with a market value of USD 2,381.2 million; it is expected to register the highest CAGR of 7.54% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 1,019.4 million; it is projected to exhibit a CAGR of 7.01%.

TABLE 236 SOUTH KOREA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 1,081.12 998.40 1,033.52 1,787.86 6.28%

Building & Construction 460.26 422.94 435.66 721.21 5.76%

Mining 252.88 231.20 236.94 374.03 5.20%

Equipment & Machine 405.52 373.30 385.21 647.95 5.95%

Consumer Goods 276.24 253.41 260.59 424.70 5.58%

Others 120.43 109.36 111.30 163.90 4.39%

Total 2,596.46 2,388.62 2,463.21 4,119.66 5.88%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 41.80%, accounting for 998.40 kilo tons in 2020; it is expected to register the highest CAGR of 6.28% from 2021 to 2030. The building & construction segment was the second-largest with a share of 17.71% in 2020, sized at 422.94 kilo tons; it is projected to exhibit a CAGR of 5.76%.

TABLE 237 SOUTH KOREA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030

(USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 471.15 442.07 466.64 963.18 8.39%

Wheels 317.07 296.46 311.86 625.24 8.04%

Engine Blocks 374.34 348.81 365.69 711.69 7.68%

Cylinder Head 607.19 561.58 584.35 1,061.19 6.85%

Exhaust Manifold 130.81 121.03 125.98 229.49 6.89%

Seat Frame 211.46 196.55 205.54 391.03 7.41%

Others 446.84 414.75 433.13 813.79 7.26%

Total 2,558.86 2,381.24 2,493.18 4,795.60 7.54%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 23.58% in 2020, with a market value of USD 561.6 million; it is expected to register a CAGR of 6.85% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 442.1 million; it is projected to register the highest CAGR of 8.39%.

TABLE 238 SOUTH KOREA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030

(KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 209.54 195.10 203.62 377.98 7.11%

Wheels 136.69 126.84 131.92 237.85 6.77%

Engine Blocks 164.75 152.34 157.91 276.38 6.42%

Cylinder Head 264.47 242.74 249.73 407.86 5.60%

Exhaust Manifold 55.83 51.26 52.75 86.42 5.64%

Seat Frame 89.34 82.41 85.20 145.78 6.15%

Others 160.49 147.72 152.40 255.58 5.91%

Total 1,081.12 998.40 1,033.52 1,787.86 6.28%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 24.31%, accounting for 242.74 kilo tons in 2020; it is projected to exhibit a CAGR of 5.60%. The Gearbox segment was the second-largest with a share of 19.54% in 2020, sized at 195.10 kilo tons; it is projected to exhibit the highest CAGR of 7.11%.

TABLE 239 SOUTH KOREA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 535.26 495.61 516.33 949.90 7.01%

Others 444.77 413.47 432.48 824.70 7.44%

Total 980.02 909.08 948.80 1,774.60 7.20%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 54.52% in 2020, with a market value of USD 495.6 million; it is expected to register a CAGR of 7.01% during the forecast period. The Others segment was valued at USD 413.5 million; it is projected to register a higher CAGR of 7.44%.

TABLE 240 SOUTH KOREA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 223.72 205.57 211.74 350.34 5.75%

Others 181.80 167.73 173.46 297.62 6.18%

Total 405.52 373.30 385.21 647.95 5.95%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 55.07%, accounting for 205.57 kilo tons in 2020; it is projected to exhibit a CAGR of 5.75%. The Others segment accounted for a share of 44.93% in 2020, sized at 167.73 kilo tons; it is projected to exhibit a higher CAGR of 6.18%.

9.4.5 AUSTRALIA & NEW ZEALAND

TABLE 241 AUSTRALIA & NEW ZEALAND: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 2,796.95 2,598.05 2,715.42 5,158.61 7.39%

Aluminium 1,289.59 1,214.17 1,286.15 2,746.60 8.80%

Stainless Steel 648.77 609.70 644.69 1,356.47 8.62%

Zinc 205.00 191.61 201.52 404.98 8.06%

Magnesium 141.27 131.45 137.63 265.72 7.58%

Carbon Steel 76.91 70.64 72.99 123.72 6.04%

High Steel Alloy 182.08 169.02 176.54 333.39 7.32%

Others 324.28 295.85 303.56 476.70 5.14%

Total 5,664.84 5,280.49 5,538.51 10,866.19 7.78%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 49.20% in 2020, with a market value of USD 2,598.0 million; it is expected to register a CAGR of 7.39% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 1,214.2 million; it is projected to register the highest CAGR of 8.80%.

TABLE 242 AUSTRALIA & NEW ZEALAND: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 1,178.24 1,086.11 1,122.34 1,917.54 6.13%

Aluminium 532.05 497.11 520.63 999.91 7.52%

Stainless Steel 254.54 237.39 248.18 469.62 7.34%

Zinc 82.87 76.86 79.93 144.46 6.80%

Magnesium 56.76 52.42 54.26 94.21 6.32%

Carbon Steel 32.23 29.38 30.01 45.75 4.80%

High Steel Alloy 75.90 69.92 72.21 122.63 6.06%

Others 136.60 123.68 125.47 177.20 3.91%

Total 2,349.20 2,172.87 2,253.02 3,971.32 6.50%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 49.98%, accounting for 1,086.11 kilo tons in 2020; it is projected to exhibit a CAGR of 6.13%. The aluminium segment was the second-largest with a share of 22.88% in 2020, sized at 497.11 kilo tons; it is projected to exhibit the highest CAGR of 7.52%.

TABLE 243 AUSTRALIA & NEW ZEALAND: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 2,757.91 2,577.62 2,710.74 5,444.68 8.06%

Die Casting 1,401.67 1,314.91 1,387.91 2,877.32 8.44%

Shell Mold Casting 377.05 349.35 364.20 675.34 7.10%

Gravity Casting 301.95 274.32 280.23 417.66 4.53%

Vacuum Casting 211.19 193.49 199.41 328.89 5.72%

Investment Casting 382.01 355.51 372.27 719.61 7.60%

Others 233.06 215.29 223.75 402.69 6.75%

Total 5,664.84 5,280.49 5,538.51 10,866.19 7.78%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 48.81% in 2020, with a market value of USD 2,577.6 million; it is expected to register a CAGR of 8.06% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 1,314.9 million; it is projected to register the highest CAGR of 8.44%.

TABLE 244 AUSTRALIA & NEW ZEALAND: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 1,186.78 1,100.74 1,144.50 2,067.40 6.79%

Die Casting 578.29 538.36 561.83 1,047.50 7.17%

Shell Mold Casting 158.83 146.04 150.53 251.04 5.85%

Gravity Casting 120.84 108.94 110.03 147.49 3.31%

Vacuum Casting 82.86 75.34 76.76 113.86 4.48%

Investment Casting 154.42 142.62 147.65 256.68 6.34%

Others 67.17 60.83 61.72 87.35 3.93%

Total 2,349.20 2,172.87 2,253.02 3,971.32 6.50%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 50.66%, accounting for 1,100.74 kilo tons in 2020; it is projected to exhibit a CAGR of 6.79%. The die casting segment was the second-largest with a share of 24.78% in 2020, sized at 538.36 kilo tons; it is projected to exhibit the highest CAGR of 7.17%.

TABLE 245 AUSTRALIA & NEW ZEALAND: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030

(USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 2,259.56 2,114.33 2,226.11 4,516.91 8.18%

Building & Construction 1,044.13 972.12 1,018.41 1,976.59 7.65%

Mining 715.54 663.70 692.67 1,298.09 7.23%

Equipment & Machine 894.69 834.43 875.66 1,726.06 7.83%

Consumer Goods 560.06 520.38 544.04 1,036.23 7.42%

Others 190.86 175.53 181.61 312.32 6.21%

Total 5,664.84 5,280.49 5,538.51 10,866.19 7.78%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 40.04% in 2020, with a market value of USD 2,114.3 million; it is expected to register the highest CAGR of 8.18% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 972.1 million; it is projected to exhibit a CAGR of 7.65%.

TABLE 246 AUSTRALIA & NEW ZEALAND: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030

(KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 951.86 883.89 920.10 1,679.01 6.91%

Building & Construction 435.27 402.16 416.54 727.08 6.38%

Mining 292.20 268.96 277.53 467.75 5.97%

Equipment & Machine 369.13 341.64 354.46 628.38 6.57%

Consumer Goods 226.40 208.75 215.78 369.62 6.16%

Others 74.35 67.47 68.60 99.48 4.22%

Total 2,349.20 2,172.87 2,253.02 3,971.32 6.50%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 40.68%, accounting for 883.89 kilo tons in 2020; it is expected to register the highest CAGR of 6.91% from 2021 to 2030. The building & construction segment was the second-largest with a share of 18.51% in 2020, sized at 402.16 kilo tons; it is projected to exhibit a CAGR of 6.38%.

TABLE 247 AUSTRALIA & NEW ZEALAND: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION,

2022-2030 (USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 485.62 457.62 485.20 1,046.29 8.91%

Wheels 238.76 224.66 237.84 506.50 8.76%

Engine Blocks 293.55 275.09 290.06 596.35 8.34%

Cylinder Head 530.03 492.89 515.71 987.25 7.48%

Exhaust Manifold 154.96 144.38 151.35 295.02 7.70%

Seat Frame 178.79 167.09 175.70 352.44 8.04%

Others 377.84 352.60 370.25 733.04 7.88%

Total 2,259.56 2,114.33 2,226.11 4,516.91 8.18%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 23.31% in 2020, with a market value of USD 492.9 million; it is expected to register a CAGR of 7.48% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 457.6 million; it is projected to register the highest CAGR of 8.91%.

TABLE 248 AUSTRALIA & NEW ZEALAND: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION,

2022-2030 (KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 215.34 201.38 211.10 409.39 7.64%

Wheels 102.63 95.83 100.31 192.12 7.49%

Engine Blocks 128.81 119.79 124.88 230.91 7.07%

Cylinder Head 230.19 212.42 219.74 378.33 6.22%

Exhaust Manifold 65.94 60.97 63.19 110.77 6.44%

Seat Frame 75.32 69.85 72.62 131.01 6.78%

Others 133.63 123.65 128.25 226.48 6.52%

Total 951.86 883.89 920.10 1,679.01 6.91%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 24.03%, accounting for 212.42 kilo tons in 2020; it is projected to exhibit a CAGR of 6.22%. The Gearbox segment was the second-largest with a share of 22.78% in 2020, sized at 201.38 kilo tons; it is projected to exhibit the highest CAGR of 7.64%.

TABLE 249 AUSTRALIA & NEW ZEALAND: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030

(USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 508.74 473.65 496.18 962.68 7.64%

Others 385.95 360.78 379.47 763.38 8.08%

Total 894.69 834.43 875.66 1,726.06 7.83%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 56.76% in 2020, with a market value of USD 473.6 million; it is expected to register a CAGR of 7.64% during the forecast period. The Others segment was valued at USD 360.8 million; it is projected to register a higher CAGR of 8.08%.

TABLE 250 AUSTRALIA & NEW ZEALAND: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030

(KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 212.01 195.88 202.88 354.01 6.38%

Others 157.11 145.75 151.58 274.37 6.82%

Total 369.13 341.64 354.46 628.38 6.57%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 57.34%, accounting for 195.88 kilo tons in 2020; it is projected to exhibit a CAGR of 6.38%. The Others segment accounted for a share of 42.66% in 2020, sized at 145.75 kilo tons; it is projected to exhibit a higher CAGR of 6.82%.

9.4.6 REST OF ASIA-PACIFIC

TABLE 251 REST OF ASIA-PACIFIC: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 4,607.79 4,183.83 4,271.48 6,317.53 4.44%

Aluminium 2,058.81 1,894.60 1,960.21 3,255.88 5.80%

Stainless Steel 836.97 766.82 789.94 1,265.38 5.37%

Zinc 391.15 357.18 366.74 570.93 5.04%

Magnesium 243.94 221.88 226.93 341.15 4.63%

Carbon Steel 178.64 161.11 163.36 226.10 3.68%

High Steel Alloy 330.48 300.00 306.20 451.79 4.42%

Others 390.03 348.58 350.16 439.13 2.55%

Total 9,037.81 8,234.00 8,435.02 12,867.90 4.80%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 50.81% in 2020, with a market value of USD 4,183.8 million; it is expected to register a CAGR of 4.44% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 1,894.6 million; it is projected to register the highest CAGR of 5.80%.

TABLE 252 REST OF ASIA-PACIFIC: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 1,962.21 1,768.09 1,784.72 2,373.91 3.22%

Aluminium 858.66 784.15 802.13 1,198.22 4.56%

Stainless Steel 331.96 301.82 307.40 442.85 4.14%

Zinc 159.84 144.85 147.04 205.87 3.81%

Magnesium 99.08 89.44 90.44 122.27 3.41%

Carbon Steel 75.68 67.73 67.90 84.51 2.46%

High Steel Alloy 139.27 125.46 126.61 168.00 3.19%

Others 166.09 147.31 146.30 165.01 1.35%

Total 3,792.79 3,428.83 3,472.54 4,760.65 3.57%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 51.57%, accounting for 1,768.09 kilo tons in 2020; it is projected to exhibit a CAGR of 3.22%. The aluminium segment was the second-largest with a share of 22.87% in 2020, sized at 784.15 kilo tons; it is projected to exhibit the highest CAGR of 4.56%.

TABLE 253 REST OF ASIA-PACIFIC: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 4,316.70 3,943.56 4,050.89 6,331.38 5.09%

Die Casting 2,238.76 2,052.73 2,116.25 3,412.24 5.45%

Shell Mold Casting 679.54 615.80 627.46 910.88 4.23%

Gravity Casting 392.57 349.93 350.57 426.39 2.20%

Vacuum Casting 274.78 245.09 245.70 301.09 2.28%

Investment Casting 579.50 527.07 539.03 809.80 4.63%

Others 555.97 503.22 512.12 734.80 4.09%

Total 9,037.81 8,234.00 8,435.02 12,867.90 4.80%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 47.89% in 2020, with a market value of USD 3,943.6 million; it is expected to register a CAGR of 5.09% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 2,052.7 million; it is projected to register the highest CAGR of 5.45%.

TABLE 254 REST OF ASIA-PACIFIC: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 1,877.78 1,702.39 1,728.95 2,430.28 3.86%

Die Casting 933.71 849.60 865.98 1,255.77 4.22%

Shell Mold Casting 289.38 260.24 262.17 342.28 3.01%

Gravity Casting 158.81 140.49 139.15 152.21 1.00%

Vacuum Casting 108.98 96.47 95.61 105.37 1.09%

Investment Casting 236.81 213.74 216.12 292.00 3.40%

Others 187.31 167.28 167.33 203.69 2.21%

Total 3,792.79 3,428.83 3,472.54 4,760.65 3.57%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 49.65%, accounting for 1,702.39 kilo tons in 2020; it is projected to exhibit a CAGR of 3.86%. The die casting segment was the second-largest with a share of 24.78% in 2020, sized at 849.60 kilo tons; it is projected to exhibit the highest CAGR of 4.22%.

TABLE 255 REST OF ASIA-PACIFIC: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 3,585.65 3,279.46 3,372.54 5,323.47 5.20%

Building & Construction 1,590.63 1,447.40 1,480.93 2,234.46 4.68%

Mining 1,060.02 960.64 978.87 1,421.59 4.23%

Equipment & Machine 1,294.87 1,180.43 1,210.00 1,856.14 4.87%

Consumer Goods 906.18 822.97 840.40 1,245.44 4.47%

Others 600.46 543.09 552.29 786.79 4.01%

Total 9,037.81 8,234.00 8,435.02 12,867.90 4.80%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 39.83% in 2020, with a market value of USD 3,279.5 million; it is expected to register the highest CAGR of 5.20% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 1,447.4 million; it is projected to exhibit a CAGR of 4.68%.

TABLE 256 REST OF ASIA-PACIFIC: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 1,526.94 1,385.90 1,409.12 2,000.38 3.97%

Building & Construction 670.31 605.30 612.32 830.89 3.45%

Mining 437.59 393.54 396.47 517.83 3.01%

Equipment & Machine 540.05 488.57 495.14 683.09 3.64%

Consumer Goods 370.30 333.74 336.95 449.08 3.24%

Others 247.61 221.79 222.54 279.38 2.56%

Total 3,792.79 3,428.83 3,472.54 4,760.65 3.57%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 40.42%, accounting for 1,385.90 kilo tons in 2020; it is expected to register the highest CAGR of 3.97% from 2021 to 2030. The building & construction segment was the second-largest with a share of 17.65% in 2020, sized at 605.30 kilo tons; it is projected to exhibit a CAGR of 3.45%.

TABLE 257 REST OF ASIA-PACIFIC: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 658.25 607.02 629.38 1,066.28 6.03%

Wheels 375.42 345.29 357.07 591.80 5.77%

Engine Blocks 535.71 490.59 505.16 806.59 5.34%

Cylinder Head 849.53 772.22 789.23 1,176.07 4.53%

Exhaust Manifold 283.32 258.15 264.48 403.24 4.80%

Seat Frame 309.38 282.64 290.32 453.47 5.08%

Others 574.04 523.55 536.90 826.03 4.90%

Total 3,585.65 3,279.46 3,372.54 5,323.47 5.20%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 23.55% in 2020, with a market value of USD 772.2 million; it is expected to register a CAGR of 4.53% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 607.0 million; it is projected to register the highest CAGR of 6.03%.

.

TABLE 258 REST OF ASIA-PACIFIC: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 295.07 270.03 276.81 421.76 4.79%

Wheels 163.13 148.90 152.24 226.92 4.53%

Engine Blocks 237.63 215.96 219.86 315.72 4.10%

Cylinder Head 372.96 336.43 339.96 455.59 3.31%

Exhaust Manifold 121.87 110.20 111.62 153.05 3.57%

Seat Frame 131.75 119.44 121.30 170.40 3.85%

Others 204.53 184.94 187.34 256.94 3.57%

Total 1,526.94 1,385.90 1,409.12 2,000.38 3.97%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 24.28%, accounting for 336.43 kilo tons in 2020; it is projected to exhibit a CAGR of 3.31%. The Gearbox segment was the second-largest with a share of 19.48% in 2020, sized at 270.03 kilo tons; it is projected to exhibit the highest CAGR of 4.79%.

TABLE 259 REST OF ASIA-PACIFIC: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030

(USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 732.35 666.45 681.95 1,029.57 4.68%

Others 562.52 513.98 528.05 826.57 5.10%

Total 1,294.87 1,180.43 1,210.00 1,856.14 4.87%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 56.46% in 2020, with a market value of USD 666.5 million; it is expected to register a CAGR of 4.68% during the forecast period. The Others segment was valued at USD 514.0 million; it is projected to register a higher CAGR of 5.10%.

TABLE 260 REST OF ASIA-PACIFIC: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 308.52 278.62 281.88 382.73 3.46%

Others 231.52 209.94 213.26 300.37 3.88%

Total 540.05 488.57 495.14 683.09 3.64%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 57.03%, accounting for 278.62 kilo tons in 2020; it is projected to exhibit a CAGR of 3.46%. The Others segment accounted for a share of 42.97% in 2020, sized at 209.94 kilo tons; it is projected to exhibit a higher CAGR of 3.88%.

9.1 LATIN AMERICA

FIGURE 26 LATIN AMERICA: METAL CASTING MARKET SHARE, BY COUNTRY, 2020 (% SHARE)

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

TABLE 261 LATIN AMERICA: METAL CASTING MARKET, BY COUNTRY, 2022-2030 (USD MILLION)

Country 2019 2020 2021 2030 CAGR (2022-2030)

Brazil 5,063.05 4,712.21 4,934.91 9,558.93 7.62%

Mexico 7,520.10 7,014.05 7,361.28 14,532.36 7.85%

Argentina 1,638.72 1,517.81 1,581.84 2,930.21 7.09%

Rest of Latin America 1,234.65 1,137.15 1,178.38 2,065.15 6.43%

Total 15,456.52 14,381.23 15,056.41 29,086.65 7.59%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Mexico accounted for the largest market share of 48.77% in 2020, with a market value of USD 7,014.1 million; the market is expected to register the highest CAGR of 7.85% during the forecast period. Brazil was the second-largest market in 2020, valued at USD 4,712.2 million; the market is projected to exhibit a CAGR of 7.62%.

TABLE 262 LATIN AMERICA: METAL CASTING MARKET, BY COUNTRY, 2022-2030 (KILO TONS)

Country 2019 2020 2021 2030 CAGR (2022-2030)

Brazil 2,018.49 1,864.09 1,929.90 3,358.53 6.35%

Mexico 3,056.82 2,829.06 2,935.21 5,206.03 6.57%

Argentina 693.99 637.81 657.13 1,093.63 5.82%

Rest of Latin America 497.15 454.35 465.46 732.94 5.17%

Total 6,266.44 5,785.32 5,987.70 10,391.13 6.32%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

Mexico market dominated with a share of 48.90%, accounting for 2,829.06 kilo tons in 2020 and is projected to register the highest CAGR of 6.57% from 2021 to 2030. The market in Brazil was the second-largest with a share of 32.22% in 2020, sized at 1,864.09 kilo tons; it is projected to exhibit a CAGR of 6.35%.

TABLE 263 LATIN AMERICA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 7,727.71 7,164.71 7,474.51 13,978.06 7.20%

Aluminium 3,519.39 3,306.92 3,496.06 7,343.44 8.60%

Stainless Steel 1,550.98 1,456.70 1,539.36 3,221.54 8.55%

Zinc 569.42 531.16 557.52 1,101.69 7.86%

Magnesium 463.90 431.08 450.75 860.89 7.45%

Carbon Steel 230.91 211.90 218.76 368.98 5.98%

High Steel Alloy 459.45 425.48 443.36 820.09 7.07%

Others 934.76 853.27 876.09 1,391.96 5.28%

Total 15,456.52 14,381.23 15,056.41 29,086.65 7.59%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 49.82% in 2020, with a market value of USD 7,164.7 million; it is expected to register a CAGR of 7.20% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 3,306.9 million; it is projected to register the highest CAGR of 8.60%.

TABLE 264 LATIN AMERICA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 3,181.12 2,926.84 3,018.83 5,076.61 5.95%

Aluminium 1,418.08 1,322.30 1,382.11 2,610.66 7.32%

Stainless Steel 594.61 554.20 579.01 1,089.61 7.28%

Zinc 224.89 208.18 216.04 383.88 6.60%

Magnesium 181.92 167.76 173.43 297.88 6.19%

Carbon Steel 94.26 85.84 87.61 132.84 4.73%

High Steel Alloy 186.95 171.81 177.00 294.41 5.82%

Others 384.61 348.39 353.66 505.23 4.04%

Total 6,266.44 5,785.32 5,987.70 10,391.13 6.32%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 50.59%, accounting for 2,926.84 kilo tons in 2020; it is projected to exhibit a CAGR of 5.95%. The aluminium segment was the second-largest with a share of 22.86% in 2020, sized at 1,322.30 kilo tons; it is projected to exhibit the highest CAGR of 7.32%.

TABLE 265 LATIN AMERICA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 7,593.13 7,083.36 7,435.26 14,699.60 7.87%

Die Casting 3,632.58 3,402.24 3,585.39 7,333.33 8.28%

Shell Mold Casting 1,211.14 1,121.16 1,167.81 2,152.00 7.03%

Gravity Casting 946.27 861.43 881.98 1,357.88 4.91%

Vacuum Casting 594.76 544.32 560.39 917.86 5.64%

Investment Casting 880.82 817.97 854.73 1,622.58 7.38%

Others 597.82 550.74 570.86 1,003.40 6.47%

Total 15,456.52 14,381.23 15,056.41 29,086.65 7.59%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 49.25% in 2020, with a market value of USD 7,083.4 million; it is expected to register a CAGR of 7.87% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 3,402.2 million; it is projected to register the highest CAGR of 8.28%.

TABLE 266 LATIN AMERICA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 3,191.88 2,954.86 3,066.55 5,451.70 6.60%

Die Casting 1,464.04 1,360.73 1,417.75 2,607.55 7.00%

Shell Mold Casting 498.56 458.00 471.65 781.58 5.77%

Gravity Casting 370.52 334.74 338.86 469.30 3.68%

Vacuum Casting 227.89 206.97 210.67 310.27 4.40%

Investment Casting 347.31 320.06 330.66 564.47 6.12%

Others 166.24 149.96 151.57 206.27 3.48%

Total 6,266.44 5,785.32 5,987.70 10,391.13 6.32%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 51.08%, accounting for 2,954.86 kilo tons in 2020; it is projected to exhibit a CAGR of 6.60%. The die casting segment was the second-largest with a share of 23.52% in 2020, sized at 1,360.73 kilo tons; it is projected to exhibit the highest CAGR of 7.00%.

TABLE 267 LATIN AMERICA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 6,210.67 5,800.14 6,095.00 12,166.14 7.98%

Building & Construction 2,768.33 2,572.80 2,690.52 5,144.28 7.47%

Mining 1,671.69 1,546.52 1,609.84 2,948.62 6.96%

Equipment & Machine 2,367.96 2,204.64 2,309.63 4,487.54 7.66%

Consumer Goods 1,615.67 1,498.53 1,563.92 2,935.13 7.25%

Others 822.20 758.60 787.51 1,404.95 6.64%

Total 15,456.52 14,381.23 15,056.41 29,086.65 7.59%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 40.33% in 2020, with a market value of USD 5,800.1 million; it is expected to register the highest CAGR of 7.98% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 2,572.8 million; it is projected to exhibit a CAGR of 7.47%.

TABLE 268 LATIN AMERICA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 2,555.49 2,368.35 2,460.58 4,416.65 6.72%

Building & Construction 1,127.64 1,039.99 1,075.26 1,848.75 6.21%

Mining 667.13 612.46 630.32 1,038.17 5.70%

Equipment & Machine 954.52 881.90 913.44 1,595.93 6.40%

Consumer Goods 637.83 587.07 605.75 1,022.28 5.99%

Others 323.83 295.54 302.34 469.34 5.01%

Total 6,266.44 5,785.32 5,987.70 10,391.13 6.32%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 40.94%, accounting for 2,368.35 kilo tons in 2020; it is expected to register the highest CAGR of 6.72% from 2021 to 2030. The building & construction segment was the second-largest with a share of 17.98% in 2020, sized at 1,039.99 kilo tons; it is projected to exhibit a CAGR of 6.21%.

TABLE 269 LATIN AMERICA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030

(USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 1,226.18 1,153.89 1,221.76 2,604.17 8.77%

Wheels 670.06 629.18 664.74 1,391.16 8.55%

Engine Blocks 862.66 806.81 849.06 1,716.90 8.14%

Cylinder Head 1,483.49 1,377.02 1,438.17 2,711.78 7.30%

Exhaust Manifold 369.89 343.66 359.26 683.55 7.41%

Seat Frame 499.14 465.58 488.65 964.70 7.85%

Others 1,099.25 1,024.01 1,073.36 2,093.87 7.71%

Total 6,210.67 5,800.14 6,095.00 12,166.14 7.98%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 23.74% in 2020, with a market value of USD 1,377.0 million; it is expected to register a CAGR of 7.30% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 1,153.9 million; it is projected to register the highest CAGR of 8.77%.

TABLE 270 LATIN AMERICA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030

(KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 530.93 495.81 519.03 994.87 7.50%

Wheels 281.11 261.94 273.62 514.95 7.28%

Engine Blocks 370.02 343.42 357.31 649.71 6.87%

Cylinder Head 629.13 579.52 598.40 1,014.63 6.04%

Exhaust Manifold 153.87 141.87 146.63 250.89 6.15%

Seat Frame 205.33 190.06 197.22 350.13 6.59%

Others 385.10 355.73 368.36 641.47 6.36%

Total 2,555.49 2,368.35 2,460.58 4,416.65 6.72%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 24.47%, accounting for 579.52 kilo tons in 2020; it is projected to exhibit a CAGR of 6.04%. The Gearbox segment was the second-largest with a share of 20.93% in 2020, sized at 495.81 kilo tons; it is projected to exhibit the highest CAGR of 7.50%.

TABLE 271 LATIN AMERICA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 1,340.87 1,246.19 1,303.23 2,491.84 7.47%

Others 1,027.09 958.45 1,006.40 1,995.70 7.90%

Total 2,367.96 2,204.64 2,309.63 4,487.54 7.66%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 56.53% in 2020, with a market value of USD 1,246.2 million; it is expected to register a CAGR of 7.47% during the forecast period. The Others segment was valued at USD 958.5 million; it is projected to register a higher CAGR of 7.90%.

TABLE 272 LATIN AMERICA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 545.91 503.48 520.57 895.05 6.21%

Others 408.62 378.42 392.87 700.89 6.64%

Total 954.52 881.90 913.44 1,595.93 6.40%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 57.09%, accounting for 503.48 kilo tons in 2020; it is projected to exhibit a CAGR of 6.21%. The Others segment accounted for a share of 42.91% in 2020, sized at 378.42 kilo tons; it is projected to exhibit a higher CAGR of 6.64%.

9.1.1 BRAZIL

TABLE 273 BRAZIL: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 2,500.46 2,319.05 2,420.11 4,539.08 7.24%

Aluminium 1,179.83 1,108.85 1,172.54 2,467.70 8.62%

Stainless Steel 510.24 479.32 506.61 1,062.11 8.57%

Zinc 177.37 165.55 173.86 345.24 7.92%

Magnesium 138.65 128.83 134.70 257.10 7.45%

Carbon Steel 88.52 81.45 84.31 146.12 6.30%

High Steel Alloy 152.38 141.20 147.22 273.75 7.14%

Others 315.59 287.98 295.57 467.82 5.23%

Total 5,063.05 4,712.21 4,934.91 9,558.93 7.62%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 49.21% in 2020, with a market value of USD 2,319.0 million; it is expected to register a CAGR of 7.24% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 1,108.9 million; it is projected to register the highest CAGR of 8.62%.

TABLE 274 BRAZIL: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 1,011.84 931.28 960.87 1,620.78 5.98%

Aluminium 467.59 436.11 455.94 862.98 7.35%

Stainless Steel 192.31 179.27 187.34 353.22 7.30%

Zinc 68.88 63.79 66.24 118.30 6.66%

Magnesium 53.51 49.35 51.01 87.56 6.19%

Carbon Steel 35.63 32.54 33.30 51.90 5.06%

High Steel Alloy 61.02 56.11 57.84 96.73 5.88%

Others 127.71 115.64 117.35 167.05 4.00%

Total 2,018.49 1,864.09 1,929.90 3,358.53 6.35%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 49.96%, accounting for 931.28 kilo tons in 2020; it is projected to exhibit a CAGR of 5.98%. The aluminium segment was the second-largest with a share of 23.40% in 2020, sized at 436.11 kilo tons; it is projected to exhibit the highest CAGR of 7.35%.

TABLE 275 BRAZIL: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 2,481.84 2,315.97 2,431.81 4,821.66 7.90%

Die Casting 1,240.26 1,161.77 1,224.48 2,507.70 8.29%

Shell Mold Casting 375.52 347.61 362.05 666.71 7.02%

Gravity Casting 255.78 231.68 235.95 340.73 4.17%

Vacuum Casting 193.49 177.07 182.29 298.20 5.62%

Investment Casting 307.36 285.54 298.50 568.78 7.43%

Others 208.80 192.58 199.84 355.15 6.60%

Total 5,063.05 4,712.21 4,934.91 9,558.93 7.62%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 49.15% in 2020, with a market value of USD 2,316.0 million; it is expected to register a CAGR of 7.90% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 1,161.8 million; it is projected to register the highest CAGR of 8.29%.

TABLE 276 BRAZIL: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 1,025.91 950.04 986.29 1,758.71 6.64%

Die Casting 491.54 456.92 476.14 876.97 7.02%

Shell Mold Casting 151.96 139.59 143.75 238.07 5.77%

Gravity Casting 98.33 88.38 89.00 115.58 2.95%

Vacuum Casting 72.93 66.23 67.41 99.17 4.38%

Investment Casting 119.35 110.04 113.73 194.89 6.17%

Others 58.48 52.89 53.60 75.14 3.82%

Total 2,018.49 1,864.09 1,929.90 3,358.53 6.35%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 50.97%, accounting for 950.04 kilo tons in 2020; it is projected to exhibit a CAGR of 6.64%. The die casting segment was the second-largest with a share of 24.51% in 2020, sized at 456.92 kilo tons; it is projected to exhibit the highest CAGR of 7.02%.

TABLE 277 BRAZIL: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 2,038.70 1,904.64 2,002.21 4,009.78 8.02%

Building & Construction 863.45 802.59 839.44 1,607.23 7.48%

Mining 549.22 508.23 529.18 971.59 6.98%

Equipment & Machine 770.58 717.57 751.90 1,463.59 7.68%

Consumer Goods 570.88 529.81 553.26 1,044.12 7.31%

Others 270.24 249.38 258.93 462.61 6.66%

Total 5,063.05 4,712.21 4,934.91 9,558.93 7.62%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 40.42% in 2020, with a market value of USD 1,904.6 million; it is expected to register the highest CAGR of 8.02% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 802.6 million; it is projected to exhibit a CAGR of 7.48%.

TABLE 278 BRAZIL: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 824.98 764.86 794.95 1,431.79 6.76%

Building & Construction 345.76 318.94 329.82 567.92 6.22%

Mining 215.44 197.85 203.67 336.31 5.73%

Equipment & Machine 305.39 282.22 292.38 511.83 6.42%

Consumer Goods 221.68 204.16 210.79 357.76 6.05%

Others 105.23 96.06 98.29 152.92 5.03%

Total 2,018.49 1,864.09 1,929.90 3,358.53 6.35%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 41.03%, accounting for 764.86 kilo tons in 2020; it is expected to register the highest CAGR of 6.76% from 2021 to 2030. The building & construction segment was the second-largest with a share of 17.11% in 2020, sized at 318.94 kilo tons; it is projected to exhibit a CAGR of 6.22%.

TABLE 279 BRAZIL: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 416.88 392.36 415.50 886.97 8.79%

Wheels 243.53 228.64 241.53 504.92 8.54%

Engine Blocks 262.98 246.05 259.04 525.70 8.18%

Cylinder Head 500.28 464.62 485.50 919.80 7.36%

Exhaust Manifold 109.63 101.85 106.48 202.52 7.40%

Seat Frame 160.90 150.13 157.62 312.06 7.88%

Others 344.50 320.99 336.54 657.81 7.73%

Total 2,038.70 1,904.64 2,002.21 4,009.78 8.02%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 24.39% in 2020, with a market value of USD 464.6 million; it is expected to register a CAGR of 7.36% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 392.4 million; it is projected to register the highest CAGR of 8.79%.

TABLE 280 BRAZIL: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 177.57 165.86 173.65 333.38 7.52%

Wheels 100.56 93.69 97.85 183.97 7.27%

Engine Blocks 110.85 102.93 107.13 195.54 6.91%

Cylinder Head 208.71 192.35 198.73 338.59 6.10%

Exhaust Manifold 44.81 41.32 42.70 73.05 6.15%

Seat Frame 65.11 60.29 62.58 111.43 6.62%

Others 117.37 108.44 112.31 195.83 6.37%

Total 824.98 764.86 794.95 1,431.79 6.76%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 25.15%, accounting for 192.35 kilo tons in 2020; it is projected to exhibit a CAGR of 6.10%. The Gearbox segment was the second-largest with a share of 21.68% in 2020, sized at 165.86 kilo tons; it is projected to exhibit the highest CAGR of 7.52%.

TABLE 281 BRAZIL: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 444.32 413.05 432.06 827.99 7.49%

Others 326.25 304.52 319.83 635.61 7.93%

Total 770.58 717.57 751.90 1,463.59 7.68%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 57.56% in 2020, with a market value of USD 413.1 million; it is expected to register a CAGR of 7.49% during the forecast period. The Others segment was valued at USD 304.5 million; it is projected to register a higher CAGR of 7.93%.

TABLE 282 BRAZIL: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 177.87 164.09 169.71 292.48 6.23%

Others 127.52 118.13 122.67 219.35 6.67%

Total 305.39 282.22 292.38 511.83 6.42%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 58.14%, accounting for 164.09 kilo tons in 2020; it is projected to exhibit a CAGR of 6.23%. The Others segment accounted for a share of 41.86% in 2020, sized at 118.13 kilo tons; it is projected to exhibit a higher CAGR of 6.67%.

9.1.2 MEXICO

TABLE 283 MEXICO: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 3,722.46 3,459.82 3,618.37 6,917.26 7.47%

Aluminium 1,698.09 1,599.86 1,695.90 3,646.75 8.88%

Stainless Steel 758.59 714.14 756.42 1,616.11 8.80%

Zinc 279.87 261.73 275.41 556.56 8.13%

Magnesium 252.27 234.98 246.28 480.31 7.70%

Carbon Steel 98.37 90.35 93.35 158.23 6.04%

High Steel Alloy 216.42 200.93 209.90 397.06 7.34%

Others 494.03 452.24 465.66 760.08 5.60%

Total 7,520.10 7,014.05 7,361.28 14,532.36 7.85%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 49.33% in 2020, with a market value of USD 3,459.8 million; it is expected to register a CAGR of 7.47% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 1,599.9 million; it is projected to register the highest CAGR of 8.88%.

TABLE 284 MEXICO: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 1,536.17 1,416.90 1,465.08 2,518.88 6.21%

Aluminium 686.31 641.68 672.51 1,300.56 7.60%

Stainless Steel 291.57 272.39 285.25 548.11 7.53%

Zinc 110.83 102.85 107.01 194.48 6.86%

Magnesium 99.30 91.79 95.11 166.83 6.44%

Carbon Steel 40.38 36.81 37.60 57.32 4.80%

High Steel Alloy 88.38 81.43 84.10 143.08 6.08%

Others 203.88 185.21 188.54 276.78 4.36%

Total 3,056.82 2,829.06 2,935.21 5,206.03 6.57%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 50.08%, accounting for 1,416.90 kilo tons in 2020; it is projected to exhibit a CAGR of 6.21%. The aluminium segment was the second-largest with a share of 22.68% in 2020, sized at 641.68 kilo tons; it is projected to exhibit the highest CAGR of 7.60%.

TABLE 285 MEXICO: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 3,688.86 3,449.70 3,630.00 7,335.29 8.13%

Die Casting 1,692.54 1,589.75 1,680.10 3,523.63 8.58%

Shell Mold Casting 613.87 569.73 594.97 1,121.90 7.30%

Gravity Casting 523.42 478.69 492.41 795.04 5.47%

Vacuum Casting 304.39 279.43 288.56 486.19 5.97%

Investment Casting 422.02 392.85 411.50 798.14 7.64%

Others 275.01 253.90 263.74 472.16 6.68%

Total 7,520.10 7,014.05 7,361.28 14,532.36 7.85%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 49.18% in 2020, with a market value of USD 3,449.7 million; it is expected to register a CAGR of 8.13% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 1,589.7 million; it is projected to register the highest CAGR of 8.58%.

TABLE 286 MEXICO: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 1,555.04 1,443.14 1,501.40 2,728.54 6.86%

Die Casting 684.07 637.63 666.25 1,256.65 7.31%

Shell Mold Casting 253.33 233.32 240.90 408.53 6.04%

Gravity Casting 205.20 186.24 189.41 275.03 4.23%

Vacuum Casting 117.00 106.58 108.82 164.89 4.73%

Investment Casting 167.12 154.39 159.88 278.89 6.38%

Others 75.06 67.77 68.55 93.48 3.51%

Total 3,056.82 2,829.06 2,935.21 5,206.03 6.57%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 51.01%, accounting for 1,443.14 kilo tons in 2020; it is projected to exhibit a CAGR of 6.86%. The die casting segment was the second-largest with a share of 22.54% in 2020, sized at 637.63 kilo tons; it is projected to exhibit the highest CAGR of 7.31%.

TABLE 287 MEXICO: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 2,981.73 2,791.82 2,941.29 6,006.56 8.26%

Building & Construction 1,404.54 1,308.48 1,371.63 2,679.07 7.72%

Mining 812.48 753.44 786.16 1,470.80 7.21%

Equipment & Machine 1,174.38 1,095.93 1,150.79 2,282.69 7.91%

Consumer Goods 736.18 684.40 715.94 1,371.71 7.49%

Others 410.81 379.99 395.46 721.52 6.91%

Total 7,520.10 7,014.05 7,361.28 14,532.36 7.85%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 39.80% in 2020, with a market value of USD 2,791.8 million; it is expected to register the highest CAGR of 8.26% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 1,308.5 million; it is projected to exhibit a CAGR of 7.72%.

TABLE 288 MEXICO: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 1,230.49 1,143.33 1,190.93 2,187.25 6.99%

Building & Construction 573.58 530.28 549.59 965.41 6.46%

Mining 325.03 299.11 308.57 519.19 5.95%

Equipment & Machine 474.64 439.56 456.35 814.09 6.64%

Consumer Goods 291.53 268.96 278.17 479.32 6.23%

Others 161.55 147.82 151.60 240.77 5.27%

Total 3,056.82 2,829.06 2,935.21 5,206.03 6.57%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 40.41%, accounting for 1,143.33 kilo tons in 2020; it is expected to register the highest CAGR of 6.99% from 2021 to 2030. The building & construction segment was the second-largest with a share of 18.74% in 2020, sized at 530.28 kilo tons; it is projected to exhibit a CAGR of 6.46%.

TABLE 289 MEXICO: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 573.09 540.83 574.26 1,254.89 9.07%

Wheels 302.81 285.17 302.16 648.85 8.86%

Engine Blocks 433.48 406.41 428.73 885.91 8.40%

Cylinder Head 704.32 655.40 686.21 1,322.69 7.56%

Exhaust Manifold 181.11 168.75 176.91 345.22 7.71%

Seat Frame 245.13 229.24 241.22 487.19 8.12%

Others 541.79 506.03 531.80 1,061.80 7.99%

Total 2,981.73 2,791.82 2,941.29 6,006.56 8.26%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 23.48% in 2020, with a market value of USD 655.4 million; it is expected to register a CAGR of 7.56% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 540.8 million; it is projected to register the highest CAGR of 9.07%.

TABLE 290 MEXICO: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 248.95 233.14 244.76 481.01 7.80%

Wheels 127.51 119.17 124.84 241.10 7.59%

Engine Blocks 186.34 173.37 180.83 336.04 7.13%

Cylinder Head 299.65 276.71 286.44 496.55 6.30%

Exhaust Manifold 75.50 69.80 72.35 126.98 6.45%

Seat Frame 101.16 93.88 97.67 177.41 6.86%

Others 191.39 177.26 184.04 328.17 6.64%

Total 1,230.49 1,143.33 1,190.93 2,187.25 6.99%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 24.20%, accounting for 276.71 kilo tons in 2020; it is projected to exhibit a CAGR of 6.30%. The Gearbox segment was the second-largest with a share of 20.39% in 2020, sized at 233.14 kilo tons; it is projected to exhibit the highest CAGR of 7.80%.

TABLE 291 MEXICO: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 656.70 611.75 641.23 1,251.59 7.71%

Others 517.68 484.18 509.56 1,031.09 8.15%

Total 1,174.38 1,095.93 1,150.79 2,282.69 7.91%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 55.82% in 2020, with a market value of USD 611.7 million; it is expected to register a CAGR of 7.71% during the forecast period. The Others segment was valued at USD 484.2 million; it is projected to register a higher CAGR of 8.15%.

TABLE 292 MEXICO: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 268.10 247.84 256.85 450.87 6.45%

Others 206.55 191.72 199.50 363.22 6.88%

Total 474.64 439.56 456.35 814.09 6.64%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 56.38%, accounting for 247.84 kilo tons in 2020; it is projected to exhibit a CAGR of 6.45%. The Others segment accounted for a share of 43.62% in 2020, sized at 191.72 kilo tons; it is projected to exhibit a higher CAGR of 6.88%.

9.1.3 ARGENTINA

TABLE 293 ARGENTINA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 864.37 797.96 828.88 1,489.73 6.73%

Aluminium 361.54 338.34 356.24 720.19 8.14%

Stainless Steel 170.86 159.69 167.91 335.80 8.01%

Zinc 59.28 55.05 57.53 109.17 7.38%

Magnesium 33.08 30.58 31.80 57.75 6.86%

Carbon Steel 16.93 15.38 15.71 23.85 4.75%

High Steel Alloy 43.04 39.67 41.13 72.70 6.53%

Others 89.61 81.15 82.65 121.01 4.33%

Total 1,638.72 1,517.81 1,581.84 2,930.21 7.09%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 52.57% in 2020, with a market value of USD 798.0 million; it is expected to register a CAGR of 6.73% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 338.3 million; it is projected to register the highest CAGR of 8.14%.

TABLE 294 ARGENTINA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 371.41 340.26 349.45 564.85 5.48%

Aluminium 152.15 141.30 147.09 267.44 6.87%

Stainless Steel 68.38 63.42 65.93 118.59 6.74%

Zinc 24.44 22.53 23.27 39.72 6.12%

Magnesium 13.56 12.44 12.79 20.89 5.60%

Carbon Steel 7.24 6.52 6.59 9.00 3.52%

High Steel Alloy 18.30 16.74 17.16 27.28 5.29%

Others 38.51 34.60 34.84 45.88 3.11%

Total 693.99 637.81 657.13 1,093.63 5.82%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 53.35%, accounting for 340.26 kilo tons in 2020; it is projected to exhibit a CAGR of 5.48%. The aluminium segment was the second-largest with a share of 22.15% in 2020, sized at 141.30 kilo tons; it is projected to exhibit the highest CAGR of 6.87%.

TABLE 295 ARGENTINA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 798.88 741.91 775.25 1,470.20 7.37%

Die Casting 405.89 378.34 396.80 776.71 7.75%

Shell Mold Casting 126.18 116.26 120.53 212.66 6.51%

Gravity Casting 106.74 96.80 98.74 147.20 4.54%

Vacuum Casting 56.08 50.97 52.11 79.71 4.84%

Investment Casting 71.78 66.32 68.95 124.89 6.82%

Others 73.16 67.20 69.45 118.84 6.15%

Total 1,638.72 1,517.81 1,581.84 2,930.21 7.09%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 48.88% in 2020, with a market value of USD 741.9 million; it is expected to register a CAGR of 7.37% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 378.3 million; it is projected to register the highest CAGR of 7.75%.

TABLE 296 ARGENTINA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 350.66 323.17 333.87 569.43 6.11%

Die Casting 170.81 158.01 163.84 288.42 6.49%

Shell Mold Casting 54.22 49.58 50.82 80.63 5.26%

Gravity Casting 43.57 39.21 39.55 53.02 3.31%

Vacuum Casting 22.44 20.24 20.46 28.15 3.61%

Investment Casting 29.60 27.14 27.89 45.44 5.57%

Others 22.69 20.47 20.69 28.53 3.63%

Total 693.99 637.81 657.13 1,093.63 5.82%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 50.67%, accounting for 323.17 kilo tons in 2020; it is projected to exhibit a CAGR of 6.11%. The die casting segment was the second-largest with a share of 24.77% in 2020, sized at 158.01 kilo tons; it is projected to exhibit the highest CAGR of 6.49%.

TABLE 297 ARGENTINA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 648.09 602.60 630.44 1,208.18 7.49%

Building & Construction 286.08 264.64 275.46 504.49 6.95%

Mining 189.15 174.24 180.61 318.16 6.49%

Equipment & Machine 251.79 233.34 243.31 452.91 7.15%

Consumer Goods 178.81 165.13 171.59 309.42 6.77%

Others 84.80 77.86 80.43 137.05 6.10%

Total 1,638.72 1,517.81 1,581.84 2,930.21 7.09%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 39.70% in 2020, with a market value of USD 602.6 million; it is expected to register the highest CAGR of 7.49% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 264.6 million; it is projected to exhibit a CAGR of 6.95%.

TABLE 298 ARGENTINA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 278.48 256.96 265.79 458.09 6.24%

Building & Construction 121.65 111.67 114.92 189.29 5.70%

Mining 78.79 72.03 73.81 116.94 5.25%

Equipment & Machine 105.96 97.45 100.47 168.18 5.89%

Consumer Goods 73.73 67.57 69.42 112.58 5.52%

Others 35.38 32.14 32.72 48.54 4.48%

Total 693.99 637.81 657.13 1,093.63 5.82%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 40.29%, accounting for 256.96 kilo tons in 2020; it is expected to register the highest CAGR of 6.24% from 2021 to 2030. The building & construction segment was the second-largest with a share of 17.51% in 2020, sized at 111.67 kilo tons; it is projected to exhibit a CAGR of 5.70%.

TABLE 299 ARGENTINA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030

(USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 126.38 118.43 124.86 255.81 8.30%

Wheels 67.57 63.18 66.47 133.78 8.08%

Engine Blocks 94.80 88.26 92.46 179.28 7.63%

Cylinder Head 151.66 140.14 145.69 263.39 6.80%

Exhaust Manifold 42.16 39.02 40.64 74.65 6.99%

Seat Frame 47.95 44.52 46.52 88.06 7.35%

Others 117.56 109.04 113.80 213.21 7.23%

Total 648.09 602.60 630.44 1,208.18 7.49%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 23.26% in 2020, with a market value of USD 140.1 million; it is expected to register a CAGR of 6.80% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 118.4 million; it is projected to register the highest CAGR of 8.30%.

TABLE 300 ARGENTINA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 57.16 53.16 55.41 102.10 7.03%

Wheels 29.63 27.49 28.60 51.76 6.81%

Engine Blocks 42.43 39.21 40.61 70.81 6.37%

Cylinder Head 67.18 61.60 63.32 102.96 5.55%

Exhaust Manifold 18.30 16.81 17.31 28.59 5.74%

Seat Frame 20.60 18.98 19.61 33.39 6.09%

Others 43.17 39.71 40.94 68.49 5.89%

Total 278.48 256.96 265.79 458.09 6.24%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 23.97%, accounting for 61.60 kilo tons in 2020; it is projected to exhibit a CAGR of 5.55%. The Gearbox segment was the second-largest with a share of 20.69% in 2020, sized at 53.16 kilo tons; it is projected to exhibit the highest CAGR of 7.03%.

TABLE 301 ARGENTINA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 143.01 132.30 137.72 252.31 6.96%

Others 108.78 101.04 105.60 200.59 7.39%

Total 251.79 233.34 243.31 452.91 7.15%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 56.70% in 2020, with a market value of USD 132.3 million; it is expected to register a CAGR of 6.96% during the forecast period. The Others segment was valued at USD 101.0 million; it is projected to register a higher CAGR of 7.39%.

TABLE 302 ARGENTINA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 60.79 55.81 57.44 94.64 5.71%

Others 45.17 41.64 43.03 73.54 6.14%

Total 105.96 97.45 100.47 168.18 5.89%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 57.27%, accounting for 55.81 kilo tons in 2020; it is projected to exhibit a CAGR of 5.71%. The Others segment accounted for a share of 42.73% in 2020, sized at 41.64 kilo tons; it is projected to exhibit a higher CAGR of 6.14%.

9.1.4 REST OF LATIN AMERICA

TABLE 303 REST OF LATIN AMERICA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 640.42 587.88 607.16 1,031.99 6.07%

Aluminium 279.94 259.86 271.39 508.81 7.23%

Stainless Steel 111.27 103.56 108.42 207.52 7.48%

Zinc 52.91 48.84 50.73 90.72 6.67%

Magnesium 39.90 36.70 37.97 65.72 6.28%

Carbon Steel 27.09 24.73 25.39 40.77 5.41%

High Steel Alloy 47.59 43.68 45.11 76.58 6.06%

Others 35.53 31.90 32.21 43.04 3.27%

Total 1,234.65 1,137.15 1,178.38 2,065.15 6.43%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 51.70% in 2020, with a market value of USD 587.9 million; it is expected to register a CAGR of 6.07% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 259.9 million; it is projected to exhibit a CAGR of 7.23%. However, the stainless steel segment is expected to register the highest CAGR of 6.07%.

TABLE 304 REST OF LATIN AMERICA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 261.69 238.39 243.43 372.11 4.83%

Aluminium 112.03 103.21 106.57 179.68 5.98%

Stainless Steel 42.35 39.11 40.49 69.69 6.22%

Zinc 20.75 19.00 19.52 31.39 5.42%

Magnesium 15.55 14.19 14.52 22.60 5.04%

Carbon Steel 11.01 9.97 10.13 14.62 4.17%

High Steel Alloy 19.25 17.53 17.90 27.33 4.81%

Others 14.52 12.94 12.91 15.52 2.06%

Total 497.15 454.35 465.46 732.94 5.17%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 52.47%, accounting for 238.39 kilo tons in 2020 and is projected to register a CAGR of 4.83%. The aluminium segment was the second-largest with a share of 22.71% in 2020, sized at 103.21 kilo tons; it is projected to exhibit a CAGR of 5.98%. However, the stainless steel segment is expected to register the highest CAGR of 6.22%.

TABLE 305 REST OF LATIN AMERICA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 623.55 575.78 598.19 1,072.45 6.70%

Die Casting 293.90 272.38 284.01 525.29 7.07%

Shell Mold Casting 95.56 87.56 90.26 150.72 5.86%

Gravity Casting 60.33 54.26 54.88 74.91 3.52%

Vacuum Casting 40.79 36.84 37.43 53.75 4.10%

Investment Casting 79.67 73.25 75.78 130.78 6.25%

Others 40.85 37.07 37.84 57.25 4.71%

Total 1,234.65 1,137.15 1,178.38 2,065.15 6.43%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 50.63% in 2020, with a market value of USD 575.8 million; it is expected to register a CAGR of 6.70% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 272.4 million; it is projected to register the highest CAGR of 7.07%.

TABLE 306 REST OF LATIN AMERICA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 260.28 238.51 244.99 395.01 5.45%

Die Casting 117.62 108.18 111.52 185.50 5.82%

Shell Mold Casting 39.05 35.51 36.19 54.35 4.62%

Gravity Casting 23.42 20.90 20.90 25.66 2.30%

Vacuum Casting 15.52 13.92 13.98 18.05 2.88%

Investment Casting 31.24 28.50 29.15 45.25 5.01%

Others 10.01 8.83 8.72 9.12 0.49%

Total 497.15 454.35 465.46 732.94 5.17%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 52.49%, accounting for 238.51 kilo tons in 2020; it is projected to exhibit a CAGR of 5.45%. The die casting segment was the second-largest with a share of 23.81% in 2020, sized at 108.18 kilo tons; it is projected to exhibit the highest CAGR of 5.82%.

TABLE 307 REST OF LATIN AMERICA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 542.16 501.09 521.06 941.61 6.80%

Building & Construction 214.27 197.10 203.99 353.48 6.30%

Mining 120.85 110.60 113.88 188.08 5.73%

Equipment & Machine 171.22 157.80 163.62 288.35 6.50%

Consumer Goods 129.80 119.18 123.13 209.87 6.10%

Others 56.35 51.37 52.69 83.76 5.29%

Total 1,234.65 1,137.15 1,178.38 2,065.15 6.43%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 44.07% in 2020, with a market value of USD 501.1 million; it is expected to register the highest CAGR of 6.80% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 197.1 million; it is projected to exhibit a CAGR of 6.30%.

TABLE 308 REST OF LATIN AMERICA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 221.54 203.20 208.91 339.52 5.54%

Building & Construction 86.65 79.10 80.94 126.13 5.05%

Mining 47.87 43.48 44.26 65.74 4.49%

Equipment & Machine 68.52 62.67 64.25 101.83 5.25%

Consumer Goods 50.90 46.38 47.37 72.62 4.86%

Others 21.67 19.53 19.73 27.11 3.59%

Total 497.15 454.35 465.46 732.94 5.17%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 44.72%, accounting for 203.20 kilo tons in 2020; it is expected to register the highest CAGR of 5.54% from 2021 to 2030. The building & construction segment was the second-largest with a share of 17.41% in 2020, sized at 79.10 kilo tons; it is projected to exhibit a CAGR of 5.05%.

TABLE 309 REST OF LATIN AMERICA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 109.83 102.27 107.14 206.49 7.56%

Wheels 56.15 52.19 54.58 103.61 7.38%

Engine Blocks 71.41 66.09 68.83 126.00 6.95%

Cylinder Head 127.23 116.86 120.76 205.90 6.11%

Exhaust Manifold 36.99 34.04 35.24 61.16 6.32%

Seat Frame 45.16 41.69 43.30 77.40 6.67%

Others 95.40 87.94 91.22 161.04 6.52%

Total 542.16 501.09 521.06 941.61 6.80%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 23.32% in 2020, with a market value of USD 116.9 million; it is expected to register a CAGR of 6.11% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 102.3 million; it is projected to register the highest CAGR of 7.56%.

TABLE 310 REST OF LATIN AMERICA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 47.24 43.66 45.22 78.37 6.30%

Wheels 23.41 21.60 22.33 38.12 6.12%

Engine Blocks 30.39 27.92 28.74 47.33 5.70%

Cylinder Head 53.60 48.85 49.91 76.54 4.86%

Exhaust Manifold 15.27 13.94 14.27 22.28 5.07%

Seat Frame 18.45 16.91 17.36 27.91 5.42%

Others 33.18 30.33 31.07 48.97 5.18%

Total 221.54 203.20 208.91 339.52 5.54%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 24.04%, accounting for 48.85 kilo tons in 2020; it is projected to exhibit a CAGR of 4.86%. The Gearbox segment was the second-largest with a share of 21.48% in 2020, sized at 43.66 kilo tons; it is projected to exhibit the highest CAGR of 6.30%.

TABLE 311 REST OF LATIN AMERICA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030

(USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 96.84 89.09 92.22 159.95 6.31%

Others 74.38 68.71 71.40 128.41 6.74%

Total 171.22 157.80 163.62 288.35 6.50%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 56.46% in 2020, with a market value of USD 89.1 million; it is expected to register a CAGR of 6.31% during the forecast period. The Others segment was valued at USD 68.7 million; it is projected to register a higher CAGR of 6.74%.

TABLE 312 REST OF LATIN AMERICA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030

(KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 39.15 35.74 36.58 57.05 5.06%

Others 29.38 26.93 27.67 44.78 5.49%

Total 68.52 62.67 64.25 101.83 5.25%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 57.03%, accounting for 35.74 kilo tons in 2020; it is projected to exhibit a CAGR of 5.06%. The Others segment accounted for a share of 42.97% in 2020, sized at 26.93 kilo tons; it is projected to exhibit a higher CAGR of 5.49%.

9.2 MIDDLE EAST & AFRICA

FIGURE 27 MIDDLE EAST & AFRICA: METAL CASTING MARKET SHARE, BY COUNTRY, 2020 (% SHARE)

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

TABLE 313 MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY COUNTRY, 2022-2030 (USD MILLION)

Country 2019 2020 2021 2030 CAGR (2022-2030)

GCC Countries 8,169.4 7,616.1 7,989.5 15,713.7 7.81%

South Africa 1,934.0 1,795.5 1,875.7 3,550.7 7.35%

Turkey 6,725.8 6,288.6 6,616.1 13,351.8 8.11%

Rest of the Middle East & Africa 2,345.0 2,171.8 2,263.2 4,186.0 7.07%

Total 19,174.2 17,872.0 18,744.5 36,802.3 7.78%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

GCC Countries accounted for the largest market share of 42.61% in 2020, with a market value of USD 7,616.1 million; the market is expected to register a CAGR of 7.81% during the forecast period. Turkey was the second-largest market in 2020, valued at USD 6,288.6 million; it is projected to register at the highest CAGR of 8.11%.

TABLE 314 MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY COUNTRY, 2022-2030 (KILO TONS)

Country 2019 2020 2021 2030 CAGR (2022-2030)

GCC Countries 3,220.23 2,978.90 3,089.26 5,458.83 6.53%

South Africa 778.77 717.42 740.90 1,260.08 6.08%

Turkey 2,650.13 2,458.69 2,557.20 4,636.49 6.84%

Rest of the Middle East & Africa 963.47 885.42 912.17 1,515.74 5.80%

Total 7,612.60 7,040.44 7,299.53 12,871.14 6.50%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

GCC Countries market dominated with a share of 42.31%, accounting for 2,978.90 kilo tons in 2020 and is projected to register a CAGR of 6.53%. The market in Turkey was the second-largest with a share of 34.92% in 2020, sized at 2,458.69 kilo tons; it is projected to exhibit the highest CAGR of 6.84%.

TABLE 315 MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 9,740.26 9,047.70 9,456.79 17,991.87 7.41%

Aluminium 4,116.39 3,877.59 4,109.62 8,822.91 8.86%

Stainless Steel 1,829.09 1,722.11 1,824.24 3,900.56 8.81%

Zinc 898.25 839.00 881.80 1,763.71 8.01%

Magnesium 642.09 597.61 625.87 1,212.69 7.63%

Carbon Steel 352.34 324.90 337.08 596.87 6.55%

High Steel Alloy 544.19 504.87 527.05 991.18 7.27%

Others 1,051.57 958.24 982.04 1,522.49 4.99%

Total 19,174.17 17,872.02 18,744.49 36,802.28 7.78%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 50.62% in 2020, with a market value of USD 9,047.7 million; it is expected to register a CAGR of 7.41% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 3,877.6 million; it is projected to register the highest CAGR of 8.86%.

TABLE 316 MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 3,925.40 3,618.35 3,739.05 6,395.30 6.15%

Aluminium 1,624.67 1,518.70 1,591.31 3,071.36 7.58%

Stainless Steel 686.17 641.09 671.41 1,290.69 7.53%

Zinc 347.44 322.04 334.62 601.69 6.74%

Magnesium 246.94 228.07 236.15 411.34 6.36%

Carbon Steel 141.31 129.31 132.64 211.15 5.30%

High Steel Alloy 217.05 199.83 206.24 348.69 6.01%

Others 423.61 383.06 388.11 540.91 3.76%

Total 7,612.60 7,040.44 7,299.53 12,871.14 6.50%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 51.39%, accounting for 3,618.35 kilo tons in 2020; it is projected to exhibit a CAGR of 6.15%. The aluminium segment was the second-largest with a share of 21.57% in 2020, sized at 1,518.70 kilo tons; it is projected to exhibit the highest CAGR of 7.58%.

TABLE 317 MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 9,429.65 8,812.50 9,267.06 18,624.53 8.06%

Die Casting 4,580.61 4,297.93 4,537.53 9,434.48 8.47%

Shell Mold Casting 1,498.07 1,388.93 1,448.97 2,707.81 7.19%

Gravity Casting 1,044.84 949.59 970.46 1,455.60 4.61%

Vacuum Casting 609.28 556.63 571.99 914.43 5.35%

Investment Casting 1,195.29 1,112.26 1,164.62 2,252.25 7.60%

Others 816.43 754.18 783.87 1,413.18 6.77%

Total 19,174.17 17,872.02 18,744.49 36,802.28 7.78%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 49.31% in 2020, with a market value of USD 8,812.5 million; it is expected to register a CAGR of 8.06% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 4,297.9 million; it is projected to register the highest CAGR of 8.47%.

TABLE 318 MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 3,881.11 3,599.30 3,742.02 6,761.17 6.79%

Die Casting 1,808.07 1,683.49 1,757.17 3,284.54 7.20%

Shell Mold Casting 603.85 555.57 573.01 962.70 5.93%

Gravity Casting 400.53 361.23 364.99 492.34 3.38%

Vacuum Casting 228.77 207.41 210.71 302.86 4.11%

Investment Casting 462.03 426.64 441.66 767.87 6.34%

Others 228.24 206.80 209.96 299.66 4.03%

Total 7,612.60 7,040.44 7,299.53 12,871.14 6.50%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 51.12%, accounting for 3,599.30 kilo tons in 2020; it is projected to exhibit a CAGR of 6.79%. The die casting segment was the second-largest with a share of 23.91% in 2020, sized at 1,683.49 kilo tons; it is projected to exhibit the highest CAGR of 7.20%.

TABLE 319 MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 7,653.55 7,161.29 7,539.73 15,312.36 8.19%

Building & Construction 3,486.75 3,246.36 3,401.06 6,610.92 7.66%

Mining 2,098.65 1,944.70 2,027.65 3,769.51 7.13%

Equipment & Machine 2,811.96 2,622.79 2,752.71 5,437.82 7.86%

Consumer Goods 1,846.69 1,715.11 1,792.38 3,404.96 7.39%

Others 1,276.57 1,181.77 1,230.95 2,266.70 7.02%

Total 19,174.17 17,872.02 18,744.49 36,802.28 7.78%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 40.07% in 2020, with a market value of USD 7,161.3 million; it is expected to register the highest CAGR of 8.19% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 3,246.4 million; it is projected to exhibit a CAGR of 7.66%.

TABLE 320 MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 3,084.20 2,863.72 2,980.85 5,442.45 6.92%

Building & Construction 1,389.97 1,284.22 1,330.16 2,324.46 6.40%

Mining 820.43 754.42 777.67 1,299.74 5.87%

Equipment & Machine 1,109.64 1,027.06 1,065.71 1,892.67 6.59%

Consumer Goods 714.73 658.71 680.58 1,162.33 6.13%

Others 493.64 452.30 464.56 749.50 5.46%

Total 7,612.60 7,040.44 7,299.53 12,871.14 6.50%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 40.68%, accounting for 2,863.72 kilo tons in 2020; it is expected to register the highest CAGR of 6.92% from 2021 to 2030. The building & construction segment was the second-largest with a share of 18.24% in 2020, sized at 1,284.22 kilo tons; it is projected to exhibit a CAGR of 6.40%.

TABLE 321 MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 1,421.97 1,341.19 1,423.30 3,096.04 9.02%

Wheels 858.23 807.46 854.80 1,821.27 8.77%

Engine Blocks 1,117.29 1,046.82 1,103.60 2,267.99 8.33%

Cylinder Head 1,798.73 1,672.68 1,750.17 3,355.04 7.50%

Exhaust Manifold 467.67 435.41 456.12 884.31 7.63%

Seat Frame 612.15 572.05 601.50 1,207.49 8.05%

Others 1,377.51 1,285.69 1,350.24 2,680.21 7.92%

Total 7,653.55 7,161.29 7,539.73 15,312.36 8.19%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 23.36% in 2020, with a market value of USD 1,672.7 million; it is expected to register a CAGR of 7.50% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 1,341.2 million; it is projected to register the highest CAGR of 9.02%.

TABLE 322 MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 603.48 564.83 592.61 1,158.85 7.74%

Wheels 352.66 329.26 344.61 660.12 7.49%

Engine Blocks 468.89 435.95 454.39 839.52 7.06%

Cylinder Head 747.39 689.69 713.45 1,229.57 6.23%

Exhaust Manifold 190.50 176.00 182.28 317.72 6.37%

Seat Frame 246.69 228.76 237.81 429.19 6.78%

Others 474.59 439.23 455.70 807.50 6.56%

Total 3,084.20 2,863.72 2,980.85 5,442.45 6.92%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 24.08%, accounting for 689.69 kilo tons in 2020; it is projected to exhibit a CAGR of 6.23%. The Gearbox segment was the second-largest with a share of 19.72% in 2020, sized at 564.83 kilo tons; it is projected to exhibit the highest CAGR of 7.74%.

TABLE 323 MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 1,561.17 1,453.51 1,522.74 2,958.87 7.66%

Others 1,250.78 1,169.28 1,229.97 2,478.95 8.10%

Total 2,811.96 2,622.79 2,752.71 5,437.82 7.86%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 55.42% in 2020, with a market value of USD 1,453.5 million; it is expected to register a CAGR of 7.66% during the forecast period. The Others segment was valued at USD 1,169.3 million; it is projected to register a higher CAGR of 8.10%.

TABLE 324 MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 622.39 575.03 595.59 1,040.43 6.39%

Others 487.25 452.03 470.12 852.23 6.83%

Total 1,109.64 1,027.06 1,065.71 1,892.67 6.59%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 55.99%, accounting for 575.03 kilo tons in 2020; it is projected to exhibit a CAGR of 6.39%. The Others segment accounted for a share of 44.01% in 2020, sized at 452.03 kilo tons; it is projected to exhibit a higher CAGR of 6.83%.

9.2.1 GCC COUNTRIES

TABLE 325 GCC COUNTRIES: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 4,137.69 3,844.25 4,018.86 7,659.59 7.43%

Aluminium 1,823.06 1,717.02 1,819.48 3,901.89 8.85%

Stainless Steel 714.51 673.29 713.83 1,537.07 8.90%

Zinc 362.96 339.12 356.53 715.02 8.04%

Magnesium 271.53 252.80 264.83 514.50 7.66%

Carbon Steel 117.54 108.06 111.76 191.60 6.17%

High Steel Alloy 221.63 205.61 214.63 403.41 7.26%

Others 520.52 475.97 489.57 790.65 5.47%

Total 8,169.44 7,616.12 7,989.48 15,713.73 7.81%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 50.48% in 2020, with a market value of USD 3,844.2 million; it is expected to register a CAGR of 7.43% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 1,717.0 million; it is projected to exhibit a CAGR of 8.85%. However, the stainless steel segment is expected to register the highest CAGR of 7.43%.

TABLE 326 GCC COUNTRIES: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 1,654.64 1,525.58 1,576.84 2,702.82 6.17%

Aluminium 714.00 667.34 699.17 1,348.46 7.57%

Stainless Steel 266.12 248.86 260.86 505.16 7.62%

Zinc 139.28 129.14 134.24 242.11 6.77%

Magnesium 103.57 95.69 99.11 173.16 6.40%

Carbon Steel 46.76 42.66 43.62 67.25 4.93%

High Steel Alloy 87.70 80.74 83.33 140.87 6.01%

Others 208.15 188.89 192.09 278.99 4.23%

Total 3,220.23 2,978.90 3,089.26 5,458.83 6.53%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 51.21%, accounting for 1,525.58 kilo tons in 2020 and is projected to register a CAGR of 6.17%. The aluminium segment was the second-largest with a share of 22.40% in 2020, sized at 667.34 kilo tons; it is projected to exhibit a CAGR of 7.57%. However, the stainless steel segment is expected to register the highest CAGR of 7.62%.

TABLE 327 GCC COUNTRIES: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 4,129.08 3,859.27 4,058.79 8,165.56 8.08%

Die Casting 1,880.79 1,765.47 1,864.67 3,891.17 8.52%

Shell Mold Casting 677.45 628.49 656.08 1,233.38 7.27%

Gravity Casting 365.70 330.62 336.02 469.68 3.79%

Vacuum Casting 193.49 175.52 179.04 262.08 4.32%

Investment Casting 523.54 487.24 510.25 988.03 7.62%

Others 399.39 369.50 384.63 703.83 6.94%

Total 8,169.44 7,616.12 7,989.48 15,713.73 7.81%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 50.67% in 2020, with a market value of USD 3,859.3 million; it is expected to register a CAGR of 8.08% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 1,765.5 million; it is projected to register the highest CAGR of 8.52%.

TABLE 328 GCC COUNTRIES: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 1,686.71 1,564.48 1,626.76 2,943.32 6.81%

Die Casting 736.61 686.18 716.54 1,344.75 7.25%

Shell Mold Casting 270.91 249.42 257.42 435.22 6.01%

Gravity Casting 138.93 124.65 125.25 157.45 2.57%

Vacuum Casting 72.06 64.88 65.43 86.13 3.10%

Investment Casting 200.90 185.55 192.11 334.56 6.36%

Others 114.10 103.77 105.76 157.40 4.52%

Total 3,220.23 2,978.90 3,089.26 5,458.83 6.53%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 52.52%, accounting for 1,564.48 kilo tons in 2020; it is projected to exhibit a CAGR of 6.81%. The die casting segment was the second-largest with a share of 23.03% in 2020, sized at 686.18 kilo tons; it is projected to exhibit the highest CAGR of 7.25%.

TABLE 329 GCC COUNTRIES: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 3,231.29 3,024.10 3,184.59 6,479.87 8.21%

Building & Construction 1,483.98 1,381.79 1,447.78 2,816.46 7.67%

Mining 894.11 828.81 864.47 1,612.35 7.17%

Equipment & Machine 1,120.54 1,045.29 1,097.22 2,170.03 7.87%

Consumer Goods 811.59 754.19 788.61 1,505.93 7.45%

Others 627.93 581.93 606.81 1,129.09 7.14%

Total 8,169.44 7,616.12 7,989.48 15,713.73 7.81%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 39.71% in 2020, with a market value of USD 3,024.1 million; it is expected to register the highest CAGR of 8.21% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 1,381.8 million; it is projected to exhibit a CAGR of 7.67%.

TABLE 330 GCC COUNTRIES: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 1,292.18 1,200.11 1,249.51 2,286.53 6.94%

Building & Construction 587.25 542.65 562.13 983.48 6.41%

Mining 346.61 318.84 328.80 551.53 5.92%

Equipment & Machine 438.86 406.27 421.63 749.94 6.61%

Consumer Goods 311.44 287.20 296.92 509.92 6.19%

Others 243.90 223.83 230.27 377.42 5.64%

Total 3,220.23 2,978.90 3,089.26 5,458.83 6.53%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 40.29%, accounting for 1,200.11 kilo tons in 2020; it is expected to register the highest CAGR of 6.94% from 2021 to 2030. The building & construction segment was the second-largest with a share of 18.22% in 2020, sized at 542.65 kilo tons; it is projected to exhibit a CAGR of 6.41%.

TABLE 331 GCC COUNTRIES: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 621.21 585.97 621.91 1,354.08 9.03%

Wheels 336.42 316.63 335.30 716.55 8.80%

Engine Blocks 486.18 455.59 480.38 988.65 8.35%

Cylinder Head 712.91 662.80 693.34 1,325.92 7.47%

Exhaust Manifold 187.82 174.88 183.21 355.48 7.64%

Seat Frame 262.63 245.49 258.20 519.55 8.08%

Others 624.12 582.75 612.25 1,219.65 7.96%

Total 3,231.29 3,024.10 3,184.59 6,479.87 8.21%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 21.92% in 2020, with a market value of USD 662.8 million; it is expected to register a CAGR of 7.47% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 586.0 million; it is projected to register the highest CAGR of 9.03%.

TABLE 332 GCC COUNTRIES: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 261.49 244.78 256.86 502.96 7.75%

Wheels 137.28 128.22 134.24 258.01 7.53%

Engine Blocks 202.52 188.33 196.33 363.40 7.08%

Cylinder Head 293.91 271.16 280.45 482.34 6.21%

Exhaust Manifold 75.87 70.10 72.61 126.70 6.38%

Seat Frame 105.03 97.42 101.31 183.33 6.81%

Others 216.09 200.09 207.70 369.79 6.62%

Total 1,292.18 1,200.11 1,249.51 2,286.53 6.94%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 22.60%, accounting for 271.16 kilo tons in 2020; it is projected to exhibit a CAGR of 6.21%. The Gearbox segment was the second-largest with a share of 20.40% in 2020, sized at 244.78 kilo tons; it is projected to exhibit the highest CAGR of 7.75%.

TABLE 333 GCC COUNTRIES: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 611.55 569.45 596.65 1,160.70 7.67%

Others 508.99 475.84 500.57 1,009.34 8.10%

Total 1,120.54 1,045.29 1,097.22 2,170.03 7.87%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 54.48% in 2020, with a market value of USD 569.5 million; it is expected to register a CAGR of 7.67% during the forecast period. The Others segment was valued at USD 475.8 million; it is projected to register a higher CAGR of 8.10%.

TABLE 334 GCC COUNTRIES: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 241.93 223.56 231.59 405.18 6.41%

Others 196.93 182.71 190.04 344.77 6.84%

Total 438.86 406.27 421.63 749.94 6.61%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 55.03%, accounting for 223.56 kilo tons in 2020; it is projected to exhibit a CAGR of 6.41%. The Others segment accounted for a share of 44.97% in 2020, sized at 182.71 kilo tons; it is projected to exhibit a higher CAGR of 6.84%.

9.2.2 SOUTH AFRICA

TABLE 335 SOUTH AFRICA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 1,012.94 937.30 975.91 1,792.05 6.99%

Aluminium 391.83 367.89 388.62 808.81 8.48%

Stainless Steel 174.77 163.95 173.03 357.63 8.40%

Zinc 90.65 84.33 88.28 170.23 7.57%

Magnesium 63.26 58.65 61.19 114.39 7.20%

Carbon Steel 31.40 28.79 29.70 49.85 5.92%

High Steel Alloy 54.26 50.14 52.13 94.45 6.83%

Others 114.85 104.44 106.82 163.30 4.83%

Total 1,933.96 1,795.50 1,875.68 3,550.70 7.35%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 52.20% in 2020, with a market value of USD 937.3 million; it is expected to register a CAGR of 6.99% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 367.9 million; it is projected to register the highest CAGR of 8.48%.

TABLE 336 SOUTH AFRICA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 413.75 379.94 391.11 645.90 5.73%

Aluminium 156.75 146.05 152.54 285.51 7.21%

Stainless Steel 66.49 61.89 64.59 120.05 7.13%

Zinc 35.53 32.80 33.95 58.87 6.31%

Magnesium 24.65 22.68 23.39 39.33 5.94%

Carbon Steel 12.76 11.61 11.84 17.87 4.68%

High Steel Alloy 21.93 20.11 20.67 33.69 5.57%

Others 46.91 42.34 42.81 58.86 3.60%

Total 778.77 717.42 740.90 1,260.08 6.08%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 52.96%, accounting for 379.94 kilo tons in 2020; it is projected to exhibit a CAGR of 5.73%. The aluminium segment was the second-largest with a share of 20.36% in 2020, sized at 146.05 kilo tons; it is projected to exhibit the highest CAGR of 7.21%.

TABLE 337 SOUTH AFRICA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 916.94 853.62 894.17 1,734.09 7.64%

Die Casting 452.39 422.85 444.70 892.38 8.05%

Shell Mold Casting 156.61 144.67 150.37 271.79 6.80%

Gravity Casting 125.19 113.79 116.33 176.93 4.77%

Vacuum Casting 64.03 58.30 59.70 92.64 5.00%

Investment Casting 102.88 95.32 99.37 184.65 7.13%

Others 115.92 106.95 111.03 198.23 6.65%

Total 1,933.96 1,795.50 1,875.68 3,550.70 7.35%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 47.54% in 2020, with a market value of USD 853.6 million; it is expected to register a CAGR of 7.64% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 422.8 million; it is projected to register the highest CAGR of 8.05%.

TABLE 338 SOUTH AFRICA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 382.59 353.46 366.06 638.46 6.38%

Die Casting 180.98 167.87 174.55 315.01 6.78%

Shell Mold Casting 63.97 58.64 60.26 97.96 5.55%

Gravity Casting 48.58 43.82 44.29 60.58 3.54%

Vacuum Casting 24.36 22.01 22.29 31.10 3.77%

Investment Casting 40.33 37.08 38.22 63.86 5.87%

Others 37.97 34.55 35.23 53.12 4.67%

Total 778.77 717.42 740.90 1,260.08 6.08%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 49.27%, accounting for 353.46 kilo tons in 2020; it is projected to exhibit a CAGR of 6.38%. The die casting segment was the second-largest with a share of 23.40% in 2020, sized at 167.87 kilo tons; it is projected to exhibit the highest CAGR of 6.78%.

TABLE 339 SOUTH AFRICA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 767.18 715.01 749.81 1,468.31 7.75%

Building & Construction 332.13 307.96 321.30 601.26 7.21%

Mining 209.04 192.95 200.40 359.51 6.71%

Equipment & Machine 297.53 276.38 288.88 549.51 7.41%

Consumer Goods 215.30 199.31 207.61 382.78 7.03%

Others 112.77 103.88 107.67 189.34 6.47%

Total 1,933.96 1,795.50 1,875.68 3,550.70 7.35%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 39.82% in 2020, with a market value of USD 715.0 million; it is expected to register the highest CAGR of 7.75% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 308.0 million; it is projected to exhibit a CAGR of 7.21%.

TABLE 340 SOUTH AFRICA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 313.37 289.83 300.50 529.22 6.49%

Building & Construction 134.25 123.53 127.43 214.45 5.95%

Mining 82.77 75.82 77.86 125.61 5.46%

Equipment & Machine 119.03 109.72 113.39 193.98 6.15%

Consumer Goods 84.39 77.53 79.84 132.39 5.78%

Others 44.96 40.99 41.89 64.44 4.90%

Total 778.77 717.42 740.90 1,260.08 6.08%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 40.40%, accounting for 289.83 kilo tons in 2020; it is expected to register the highest CAGR of 6.49% from 2021 to 2030. The building & construction segment was the second-largest with a share of 17.22% in 2020, sized at 123.53 kilo tons; it is projected to exhibit a CAGR of 5.95%.

TABLE 341 SOUTH AFRICA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 141.13 132.62 140.21 294.66 8.60%

Wheels 77.65 72.79 76.77 158.11 8.36%

Engine Blocks 112.35 104.85 110.09 218.13 7.89%

Cylinder Head 183.61 170.08 177.27 327.91 7.07%

Exhaust Manifold 52.51 48.72 50.87 95.70 7.27%

Seat Frame 62.36 58.04 60.79 117.73 7.62%

Others 137.58 127.91 133.80 256.09 7.48%

Total 767.18 715.01 749.81 1,468.31 7.75%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 23.79% in 2020, with a market value of USD 170.1 million; it is expected to register a CAGR of 7.07% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 132.6 million; it is projected to register the highest CAGR of 8.60%.

TABLE 342 SOUTH AFRICA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 60.68 56.59 59.15 111.79 7.33%

Wheels 32.36 30.11 31.40 58.15 7.09%

Engine Blocks 47.80 44.27 45.96 81.90 6.63%

Cylinder Head 77.32 71.07 73.24 121.84 5.82%

Exhaust Manifold 21.66 19.95 20.59 34.84 6.02%

Seat Frame 25.47 23.53 24.36 42.43 6.36%

Others 48.07 44.31 45.79 78.27 6.14%

Total 313.37 289.83 300.50 529.22 6.49%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 24.52%, accounting for 71.07 kilo tons in 2020; it is projected to exhibit a CAGR of 5.82%. The Gearbox segment was the second-largest with a share of 19.52% in 2020, sized at 56.59 kilo tons; it is projected to exhibit the highest CAGR of 7.33%.

TABLE 343 SOUTH AFRICA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 171.22 158.78 165.67 310.25 7.22%

Others 126.31 117.60 123.21 239.27 7.65%

Total 297.53 276.38 288.88 549.51 7.41%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 57.45% in 2020, with a market value of USD 158.8 million; it is expected to register a CAGR of 7.22% during the forecast period. The Others segment was valued at USD 117.6 million; it is projected to register a higher CAGR of 7.65%.

TABLE 344 SOUTH AFRICA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 69.19 63.67 65.68 110.62 5.96%

Others 49.84 46.05 47.70 83.35 6.40%

Total 119.03 109.72 113.39 193.98 6.15%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 58.03%, accounting for 63.67 kilo tons in 2020; it is projected to exhibit a CAGR of 5.96%. The Others segment accounted for a share of 41.97% in 2020, sized at 46.05 kilo tons; it is projected to exhibit a higher CAGR of 6.40%.

9.2.3 TURKEY

TABLE 345 TURKEY: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 3,402.81 3,170.73 3,324.41 6,501.32 7.74%

Aluminium 1,383.93 1,308.36 1,391.63 3,083.02 9.24%

Stainless Steel 735.45 693.54 735.87 1,597.70 9.00%

Zinc 330.03 309.19 325.93 669.40 8.33%

Magnesium 219.60 205.04 215.42 429.35 7.96%

Carbon Steel 154.82 143.50 149.64 277.94 7.12%

High Steel Alloy 199.68 185.86 194.66 376.93 7.62%

Others 299.48 272.37 278.51 416.19 4.56%

Total 6,725.80 6,288.59 6,616.08 13,351.85 8.11%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 50.42% in 2020, with a market value of USD 3,170.7 million; it is expected to register a CAGR of 7.74% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 1,308.4 million; it is projected to register the highest CAGR of 9.24%.

TABLE 346 TURKEY: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 1,362.13 1,259.55 1,305.67 2,296.39 6.47%

Aluminium 542.56 509.02 535.30 1,066.53 7.96%

Stainless Steel 274.19 256.60 269.18 525.61 7.72%

Zinc 126.77 117.86 122.84 226.89 7.06%

Magnesium 83.85 77.69 80.70 144.65 6.70%

Carbon Steel 61.65 56.70 58.47 97.66 5.87%

High Steel Alloy 79.10 73.06 75.66 131.75 6.36%

Others 119.88 108.20 109.39 147.01 3.34%

Total 2,650.13 2,458.69 2,557.20 4,636.49 6.84%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 51.23%, accounting for 1,259.55 kilo tons in 2020; it is projected to exhibit a CAGR of 6.47%. The aluminium segment was the second-largest with a share of 20.70% in 2020, sized at 509.02 kilo tons; it is projected to exhibit the highest CAGR of 7.96%.

TABLE 347 TURKEY: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 3,249.73 3,046.62 3,213.84 6,641.15 8.40%

Die Casting 1,672.06 1,573.30 1,665.68 3,551.09 8.78%

Shell Mold Casting 473.78 440.46 460.74 881.61 7.48%

Gravity Casting 405.08 370.23 380.56 605.56 5.30%

Vacuum Casting 274.12 252.28 261.19 450.47 6.24%

Investment Casting 425.92 397.55 417.52 829.44 7.93%

Others 225.12 208.15 216.54 392.52 6.83%

Total 6,725.80 6,288.59 6,616.08 13,351.85 8.11%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 48.45% in 2020, with a market value of USD 3,046.6 million; it is expected to register a CAGR of 8.40% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 1,573.3 million; it is projected to register the highest CAGR of 8.78%.

TABLE 348 TURKEY: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 1,328.83 1,236.28 1,289.39 2,396.23 7.13%

Die Casting 655.52 612.10 640.71 1,228.45 7.50%

Shell Mold Casting 189.65 174.97 180.96 311.40 6.22%

Gravity Casting 154.04 139.72 141.99 203.20 4.06%

Vacuum Casting 102.20 93.34 95.54 148.20 5.00%

Investment Casting 163.61 151.54 157.36 281.14 6.66%

Others 56.28 50.74 51.24 67.87 3.17%

Total 2,650.13 2,458.69 2,557.20 4,636.49 6.84%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 50.28%, accounting for 1,236.28 kilo tons in 2020; it is projected to exhibit a CAGR of 7.13%. The die casting segment was the second-largest with a share of 24.90% in 2020, sized at 612.10 kilo tons; it is projected to exhibit the highest CAGR of 7.50%.

TABLE 349 TURKEY: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 2,722.81 2,555.43 2,698.62 5,629.56 8.51%

Building & Construction 1,266.02 1,182.34 1,242.46 2,480.97 7.99%

Mining 701.64 652.12 681.98 1,301.77 7.45%

Equipment & Machine 1,069.83 1,000.80 1,053.47 2,135.90 8.17%

Consumer Goods 570.25 531.19 556.75 1,085.50 7.70%

Others 395.25 366.71 382.81 718.14 7.24%

Total 6,725.80 6,288.59 6,616.08 13,351.85 8.11%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 40.64% in 2020, with a market value of USD 2,555.4 million; it is expected to register the highest CAGR of 8.51% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 1,182.3 million; it is projected to exhibit a CAGR of 7.99%.

TABLE 350 TURKEY: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 1,089.93 1,015.13 1,059.89 1,988.47 7.24%

Building & Construction 501.50 464.78 482.90 867.20 6.72%

Mining 272.26 251.12 259.65 445.74 6.19%

Equipment & Machine 419.42 389.37 405.22 738.89 6.90%

Consumer Goods 219.05 202.49 209.83 367.93 6.44%

Others 147.97 135.80 139.71 228.27 5.61%

Total 2,650.13 2,458.69 2,557.20 4,636.49 6.84%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 41.29%, accounting for 1,015.13 kilo tons in 2020; it is expected to register the highest CAGR of 7.24% from 2021 to 2030. The building & construction segment was the second-largest with a share of 18.90% in 2020, sized at 464.78 kilo tons; it is projected to exhibit a CAGR of 6.72%.

TABLE 351 TURKEY: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 467.98 443.10 472.03 1,061.71 9.42%

Wheels 350.62 330.57 350.68 761.34 9.00%

Engine Blocks 388.75 365.34 386.33 815.65 8.66%

Cylinder Head 678.48 633.05 664.60 1,312.69 7.86%

Exhaust Manifold 165.24 154.32 162.16 323.24 7.97%

Seat Frame 212.73 199.40 210.30 433.64 8.37%

Others 459.01 429.65 452.52 921.29 8.22%

Total 2,722.81 2,555.43 2,698.62 5,629.56 8.51%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 24.77% in 2020, with a market value of USD 633.1 million; it is expected to register a CAGR of 7.86% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 443.1 million; it is projected to register the highest CAGR of 9.42%.

TABLE 352 TURKEY: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 197.19 185.28 195.15 394.75 8.14%

Wheels 143.22 134.00 140.54 274.41 7.72%

Engine Blocks 162.10 151.18 158.05 300.11 7.38%

Cylinder Head 279.99 259.25 269.10 478.01 6.59%

Exhaust Manifold 66.81 61.92 64.33 115.33 6.70%

Seat Frame 85.16 79.21 82.60 153.17 7.10%

Others 155.46 144.29 150.12 272.69 6.86%

Total 1,089.93 1,015.13 1,059.89 1,988.47 7.24%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment dominated the market with a share of 25.54%, accounting for 259.25 kilo tons in 2020; it is projected to exhibit a CAGR of 6.59%. The Gearbox segment was the second-largest with a share of 18.25% in 2020, sized at 185.28 kilo tons; it is projected to exhibit the highest CAGR of 8.14%.

TABLE 353 TURKEY: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 595.12 555.73 583.93 1,164.89 7.98%

Others 474.71 445.07 469.54 971.01 8.41%

Total 1,069.83 1,000.80 1,053.47 2,135.90 8.17%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 55.53% in 2020, with a market value of USD 555.7 million; it is expected to register a CAGR of 7.98% during the forecast period. The Others segment was valued at USD 445.1 million; it is projected to register a higher CAGR of 8.41%.

TABLE 354 TURKEY: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 235.67 218.39 226.88 407.05 6.71%

Others 183.75 170.97 178.34 331.84 7.14%

Total 419.42 389.37 405.22 738.89 6.90%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 56.09%, accounting for 218.39 kilo tons in 2020; it is projected to exhibit a CAGR of 6.71%. The Others segment accounted for a share of 43.91% in 2020, sized at 170.97 kilo tons; it is projected to exhibit a higher CAGR of 7.14%.

9.2.4 REST OF THE MIDDLE EAST & AFRICA

TABLE 355 REST OF THE MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (USD MILLION)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 1,186.82 1,095.42 1,137.62 2,038.91 6.70%

Aluminium 517.57 484.32 509.89 1,029.19 8.12%

Stainless Steel 204.37 191.33 201.51 408.16 8.16%

Zinc 114.61 106.36 111.06 209.06 7.28%

Magnesium 87.69 81.12 84.43 154.44 6.94%

Carbon Steel 48.57 44.55 45.97 77.48 5.97%

High Steel Alloy 68.62 63.27 65.63 116.39 6.57%

Others 116.71 105.45 107.14 152.35 3.99%

Total 2,344.97 2,171.81 2,263.25 4,185.99 7.07%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment accounted for the largest market share of 50.44% in 2020, with a market value of USD 1,095.4 million; it is expected to register a CAGR of 6.70% during the forecast period. The aluminium segment accounted for the second largest market share in 2020, valued at USD 484.3 million; it is projected to exhibit a CAGR of 8.12%. However, the stainless steel segment is expected to register the highest CAGR of 6.70%.

TABLE 356 REST OF THE MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY MATERIAL TYPE, 2022-2030 (KILO TONS)

Material Type 2019 2020 2021 2030 CAGR (2022-2030)

Cast Iron 494.87 453.28 465.42 750.19 5.45%

Aluminium 211.36 196.28 204.31 370.87 6.85%

Stainless Steel 79.37 73.74 76.78 139.87 6.89%

Zinc 45.86 42.23 43.60 73.81 6.02%

Magnesium 34.88 32.02 32.95 54.20 5.69%

Carbon Steel 20.15 18.34 18.71 28.36 4.73%

High Steel Alloy 28.32 25.91 26.57 42.38 5.32%

Others 48.67 43.64 43.83 56.06 2.77%

Total 963.47 885.42 912.17 1,515.74 5.80%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cast iron segment dominated the market with a share of 51.19%, accounting for 453.28 kilo tons in 2020 and is projected to register a CAGR of 5.45%. The aluminium segment was the second-largest with a share of 22.17% in 2020, sized at 196.28 kilo tons; it is projected to exhibit a CAGR of 6.85%. However, the stainless steel segment is expected to register the highest CAGR of 6.89%.

TABLE 357 REST OF THE MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (USD MILLION)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 1,133.90 1,052.99 1,100.25 2,083.72 7.35%

Die Casting 575.37 536.32 562.48 1,099.84 7.74%

Shell Mold Casting 190.23 175.31 181.78 321.03 6.52%

Gravity Casting 148.88 134.94 137.55 203.42 4.44%

Vacuum Casting 77.65 70.53 72.05 109.24 4.73%

Investment Casting 142.94 132.15 137.47 250.13 6.88%

Others 76.00 69.58 71.67 118.60 5.76%

Total 2,344.97 2,171.81 2,263.25 4,185.99 7.07%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment accounted for the largest market share of 48.48% in 2020, with a market value of USD 1,053.0 million; it is expected to register a CAGR of 7.35% during the forecast period. The die casting segment accounted for the second largest market share in 2020, valued at USD 536.3 million; it is projected to register the highest CAGR of 7.74%.

TABLE 358 REST OF THE MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY PROCESS TYPE, 2022-2030 (KILO TONS)

Process Type 2019 2020 2021 2030 CAGR (2022-2030)

Sand Casting 482.98 445.09 459.81 783.17 6.10%

Die Casting 234.97 217.35 225.37 396.33 6.47%

Shell Mold Casting 79.32 72.54 74.37 118.12 5.28%

Gravity Casting 58.97 53.05 53.46 71.10 3.22%

Vacuum Casting 30.16 27.18 27.45 37.44 3.51%

Investment Casting 57.20 52.47 53.97 88.31 5.62%

Others 19.88 17.74 17.73 21.27 2.05%

Total 963.47 885.42 912.17 1,515.74 5.80%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The sand casting segment dominated the market with a share of 50.27%, accounting for 445.09 kilo tons in 2020; it is projected to exhibit a CAGR of 6.10%. The die casting segment was the second-largest with a share of 24.55% in 2020, sized at 217.35 kilo tons; it is projected to exhibit the highest CAGR of 6.47%.

TABLE 359 REST OF THE MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (USD MILLION)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 932.27 866.75 906.71 1,734.62 7.47%

Building & Construction 404.62 374.26 389.53 712.22 6.94%

Mining 293.87 270.81 280.80 495.88 6.52%

Equipment & Machine 324.05 300.31 313.15 582.38 7.14%

Consumer Goods 249.55 230.43 239.41 430.75 6.74%

Others 140.61 129.24 133.66 230.13 6.22%

Total 2,344.97 2,171.81 2,263.25 4,185.99 7.07%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment accounted for the largest market share of 39.91% in 2020, with a market value of USD 866.8 million; it is expected to register the highest CAGR of 7.47% during the forecast period. The building & construction segment accounted for the second largest market share in 2020, valued at USD 374.3 million; it is projected to exhibit a CAGR of 6.94%.

TABLE 360 REST OF THE MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY END-USE INDUSTRY, 2022-2030 (KILO TONS)

End-use Industry 2019 2020 2021 2030 CAGR (2022-2030)

Automotive & Transportation 388.73 358.66 370.95 638.23 6.21%

Building & Construction 166.96 153.26 157.70 259.32 5.68%

Mining 118.78 108.63 111.36 176.87 5.27%

Equipment & Machine 132.34 121.70 125.47 209.86 5.88%

Consumer Goods 99.85 91.50 93.99 152.09 5.49%

Others 56.81 51.68 52.69 79.37 4.66%

Total 963.47 885.42 912.17 1,515.74 5.80%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The automotive & transportation segment dominated the market with a share of 40.51%, accounting for 358.66 kilo tons in 2020; it is expected to register the highest CAGR of 6.21% from 2021 to 2030. The building & construction segment was the second-largest with a share of 17.31% in 2020, sized at 153.26 kilo tons; it is projected to exhibit a CAGR of 5.68%.

TABLE 361 REST OF THE MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (USD MILLION)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 191.65 179.50 189.15 385.60 8.24%

Wheels 93.54 87.48 92.05 185.27 8.08%

Engine Blocks 130.01 121.04 126.79 245.57 7.62%

Cylinder Head 223.73 206.75 214.96 388.52 6.80%

Exhaust Manifold 62.11 57.49 59.87 109.90 6.98%

Seat Frame 74.43 69.11 72.21 136.58 7.34%

Others 156.79 145.39 151.68 283.19 7.18%

Total 932.27 866.75 906.71 1,734.62 7.47%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 23.85% in 2020, with a market value of USD 206.7 million; it is expected to register a CAGR of 6.80% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 179.5 million; it is projected to register the highest CAGR of 8.24%.

TABLE 362 REST OF THE MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (KILO TONS)

Automotive & Transportation 2019 2020 2021 2030 CAGR (2022-2030)

Gearbox 191.65 179.50 189.15 385.60 8.24%

Wheels 93.54 87.48 92.05 185.27 8.08%

Engine Blocks 130.01 121.04 126.79 245.57 7.62%

Cylinder Head 223.73 206.75 214.96 388.52 6.80%

Exhaust Manifold 62.11 57.49 59.87 109.90 6.98%

Seat Frame 74.43 69.11 72.21 136.58 7.34%

Others 156.79 145.39 151.68 283.19 7.18%

Total 932.27 866.75 906.71 1,734.62 7.47%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The cylinder head segment accounted for the largest market share of 23.85% in 2020, with a market value of USD 206.7 million; it is expected to register a CAGR of 6.80% during the forecast period. The gearbox segment accounted for the second largest market share in 2020, valued at USD 179.5 million; it is projected to register the highest CAGR of 8.24%.

TABLE 363 REST OF THE MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (USD MILLION)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 183.28 169.55 176.49 323.04 6.95%

Others 140.77 130.76 136.66 259.34 7.38%

Total 324.05 300.31 313.15 582.38 7.14%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment accounted for a larger market share of 56.46% in 2020, with a market value of USD 169.6 million; it is expected to register a CAGR of 6.95% during the forecast period. The Others segment was valued at USD 130.8 million; it is projected to register a higher CAGR of 7.38%.

TABLE 364 REST OF THE MIDDLE EAST & AFRICA: METAL CASTING MARKET, BY EQUIPMENT & MACHINE, 2022-2030 (KILO TONS)

Equipment & Machine 2019 2020 2021 2030 CAGR (2022-2030)

Pumps & Valves 75.60 69.41 71.43 117.58 5.69%

Others 56.73 52.30 54.04 92.28 6.13%

Total 132.34 121.70 125.47 209.86 5.88%

Source: Indiana Cast Metal Association (INCMA), American Foundry Society (AFS), The North American Die Casting Association, NON-FERROUS FOUNDERS’ SOCIETY, Aluminium Casters’ Association of India, Casting Industry Suppliers Association, International Trade Centre, World Trade Centre, Government Websites, Press Releases, Journals, Annual Reports, Whitepapers, Company Websites, and MRFR Analysis

The pumps & valves segment dominated the market with a share of 57.03%, accounting for 69.41 kilo tons in 2020; it is projected to exhibit a CAGR of 5.69%. The Others segment accounted for a share of 42.97% in 2020, sized at 52.30 kilo tons; it is projected to exhibit a higher CAGR of 6.13%.

10 COMPETITIVE LANDSCAPE

10.1 COMPETITIVE OVERVIEW

The competitive landscape offers an analysis of the key developments by the companies operating in the global market. The global market for metal casting is projected to witness healthy growth during the forecast period, 2021 to 2030. The global market is projected to register a CAGR of 7.75% owing to the rising demand for aluminum and magnesium in the manufacturing of cast products in the automotive and building & construction industries. The growing concern regarding fuel consumption and the need to decrease the weighting of automobiles is likely to boost the demand for these metals, owing to their lightweight and high strength. Additionally, the demand for stainless steel and iron in the building & construction industry, coupled with the increase in residential and non-residential construction activities globally, is expected to favor the growth of the global metal casting market in the years to follow. Furthermore, the increasing adoption of electric vehicles and electric buses to transform urban public transport is projected to create lucrative opportunities for the global metal casting market players.

Endurance Technologies Limited, Ryobi Limited, Dynacast, and GF Casting Solutions AG are the key players operating in the global metal casting market. These players account for a majority of the global market share owing to their global revenue base, availability of raw material at competitive prices, and wide distribution network.

10.2 GLOBAL MARKET STRATEGY ANALYSIS

The key players operating in the global market have large and advanced manufacturing facilities at the domestic and international levels. This helps them supply the casted products to various end users across the globe within less time as compared to the small-scale manufacturers, providing a competitive edge in the global market. Additionally, the adoption of various growth strategies by these players such as expansion in lucrative markets, product development as per the customer requirements, distribution agreements, acquisitions of domestic players in the key regional economies, and investments are expected to help these players to gain maximum revenue and long-term growth during the review period. For instance, Endurance, one of the key players, strategizes to be the preferred supplier of automotive components, mainly focusing on two-wheeler OEMs and has partnered with five out of the top six two-wheeler OEMs in India.

According to MRFR analysis, the global metal casting market has a huge revenue base in Asia-Pacific, North America, and Europe. Asia-Pacific accounted for the largest share in the global market owing to the robust growth of the automotive industry in the region. The demand for metal-casted products is expected to increase and drive the global market growth during the forecast period.

China, India, the US, South Korea, and Germany are the major countries contributing to the global market growth owing to the rising demand for metal casted products in the automotive and building & construction industries and large consumer base in these countries.

10.3 RECENT DEVELOPMENTS

TABLE 365 KEY DEVELOPMENTS

Date Approach Development

April 2020 Acquisition Endurance Overseas S.r.l. acquired a 99% equity stake in Adler S.p.A., a leader in systems solutions for clutches, gears, and friction plates. With this acquisition, the company will have access to Adler's technical know-how and intellectual property rights. Also, it will provide growth opportunities for the India market and export opportunities.

January 2019 Acquisition Endurance, through its Italian subsidiary—Endurance Overseas Srl—acquired Fonpresmetal Gap SpA, an Italian aluminum die-casting firm. Fonpresmetal Gap SpA has a manufacturing facility in Brescia, Italy, with a capacity of 6,500 tons/annum. This acquisition further strengthened the company's presence in Europe and expanded its automotive aluminum casting capacity.

November 2018 Agreement GF Casting signed a contract agreement to supply lightweight cast components for electric vehicles (EV) in China. The country is one of the large markets for EVs and has set a goal for total yearly sales of 2 million EVs and gas-electric hybrid vehicles by 2020. This agreement helped the company grow its lightweight cast components business in the EV segment.

May 2018 Acquisition Ryobi acquired Hoei Industries Co. Ltd, a manufacturer of motor vehicle parts and accessories. This acquisition helped strengthen the company's presence in Japan and expand its customer base.

January 2018 Investment Endurance invested USD 42.63 million on new projects, capacity expansions, and R&D. This investment helped aid the growth of its two- and three-wheeler business by supplying the die casting components to companies such as Royal Enfield, Hyundai Motor India, and Tata Motors.

January 2018 Expansion Dynacast and its partnering divisions announced a new family of brands, namely Form Technologies. Form Technologies combines three world-leading precision component manufacturers, including Dynacast for precision-engineered die-cast components, Signicast for investment casting and prototyping, and OptiMIM.

August 2017 Acquisition GF Casting acquired a high-pressure aluminum die casting specialist firm, Eucasting Ro SRL (Eucasting), which has two manufacturing units in Romania. Eucasting has an excellent customer base and location, which will help expand GF Casting's presence in the growing lightweight metal components market.

August 2017 Expansion Dynacast announced the opening of its sales office at Aichi-ken, Japan. The development enabled the company to deliver advanced and high-value solutions across several industries and increase its geographical presence in critical growing markets.

August 2017 Expansion Dynacast expanded its zinc die casting operations by installing four state-of-the-art zinc die-cast machines. It received provincial funding of USD 137,700 for development. In addition to this, the federal government also issued a grant of USD 50,000 for its staff and training.

Source: Company Website and Press Releases

10.4 COMPETITIVE BENCHMARKING

FIGURE 28 COMPETITIVE BENCHMARKING

Source: Annual Report, Press Releases, Associations, Government Records, Journals, Expert Interviews, Secondary Research, and MRFR Analysis

11 COMPANY PROFILES

11.1 ENDURANCE TECHNOLOGIES LIMITED

11.1.1 COMPANY OVERVIEW

Company Headquarters: Aurangabad, India

Founded: 1986

Workforce: ~3,800

Company Working: Endurance Technologies Limited (Endurance) is the largest aluminum die-casting manufacturer in India. It is also a prominent manufacturer of aluminum die-casting components for the automotive industry. Endurance actively operates through four business segments, namely, automotive die-casting, suspension, transmission, and brake systems. The company uses all three technologies—high pressure die-casting (HPDC), low pressure die-casting (LPDC), and gravity die-casting (GDC). They are largely into the manufacturing of aluminum alloy wheels for motorcycles as well as transmission, suspension, and brake systems. It has 16 aluminum die-casting plants in India and eight in Europe, as well as four R&D facilities in India.

Bajaj Auto, H - D Motors India, Hero Motocorp, KTM Power Sports AG, Mahindra & Mahindra, Royal Enfield, Alfa Romeo, Getrag Ford Transmissions, Tata Motors, Daimler AG, FIAT Chrysler, and other European OEMs are among the major clients of Endurance.

11.1.2 FINANCIAL OVERVIEW

FIGURE 29 ENDURANCE TECHNOLOGIES LIMITED: FINANCIAL OVERVIEW SNAPSHOT

Source: Annual Report, Press Releases, and MRFR Analysis

11.1.3 PRODUCTS OFFERED

TABLE 366 ENDURANCE TECHNOLOGIES LIMITED: PRODUCTS OFFERED

Segment Product

Aluminum die-casting • High pressure

o Main Housing

o Rear Housing

o Transmission Cover

o Clutch Housing

o Crankcase Transmission Side

• Low pressure

o Cylinder Head

o Crown Handle

o Adaptor Housing

• Gravity

o Alloy Wheel Front

o Swing Arm

o Alloy Wheel Rear

Source: Company Website and Press Releases

11.1.4 KEY DEVELOPMENTS

TABLE 367 ENDURANCE TECHNOLOGIES LIMITED: KEY DEVELOPMENTS

Date Approach Development

April 2020 Acquisition Endurance Overseas S.r.l. acquired a 99% equity stake in Adler S.p.A., a leader in systems solutions for clutches, gears, and friction plates. With this acquisition, the company will have access to Adler's technical know-how and intellectual property rights. Also, it will provide growth opportunities for the India market and export opportunities.

January 2019 Acquisition Endurance, through its Italian subsidiary—Endurance Overseas Srl—acquired Fonpresmetal Gap SpA, an Italian aluminum die-casting firm. Fonpresmetal Gap SpA has a manufacturing facility in Brescia, Italy, with a capacity of 6,500 tons/annum. This acquisition further strengthened the company's presence in Europe and expanded its automotive aluminum casting capacity.

January 2018 Investment Endurance invested USD 42.63 million on new projects, capacity expansions, and R&D. This investment helped aid the growth of its two- and three-wheeler business by supplying the die casting components to companies such as Royal Enfield, Hyundai Motor India, and Tata Motors.

Source: Company Website and Press Releases

11.1.5 SWOT ANALYSIS

FIGURE 30 ENDURANCE TECHNOLOGIES LIMITED: SWOT ANALYSIS

Source: Annual Report, Press Releases, and MRFR Analysis

11.1.6 KEY STRATEGIES

Endurance aims to be the preferred supplier of automotive components for two-wheeler OEMs in the world and has partnered with five out of the top six two-wheeler OEMs in India. It focuses on increasing its presence in the value-added machined castings segment for both two-wheelers and four-wheelers. Additionally, the company focuses on expanding its business in Europe through strategic mergers and acquisitions.

11.2 GF CASTING SOLUTIONS AG

11.2.1 COMPANY OVERVIEW

Company Headquarters: Schaffhausen, Switzerland

Founded: 1802

Workforce: ~14,118

Company Working: GF Casting Solutions AG (GF Casting), a subsidiary of George Fischer Ltd, is engaged in the production, development, and processing of heavy-duty lightweight components in aluminum and magnesium high-pressure die-casting, iron sand casting, precision casting, and additive manufacturing for different industries. It operates through three segments, namely, piping systems, casting solutions, and machining solutions. The company has 13 production sites across Germany, Romania, the US, Austria, and China, manufacturing partnerships in North America and Japan, and two R&D centers in Switzerland and China.

11.2.2 FINANCIAL OVERVIEW

FIGURE 31 GF CASTING SOLUTIONS AG: FINANCIAL OVERVIEW SNAPSHOT

Source: Annual Report, Press Releases, and MRFR Analysis

11.2.3 PRODUCTS OFFERED

TABLE 368 GF CASTING SOLUTIONS AG: PRODUCTS OFFERED

Segment Product

Passenger cars • Body & Structure

• Rear Door Frame

• Front Door

• Tank Frame

• Front End Carrier

• Tank Cap

• Seat Frame

• Cross Car Beam

• Front Center Console

• Rear Center Console

• Door Sill Frame Member

• Shock Tower

• Powertrain

• Battery Housing

• Transmission Housing

• Engine Block

• Turbocharger Housing

• Front Cover

• Oil Conduit Module

• Chassis

• Bionic Steering Knuckle

• Wheel Carrier

Commercial vehicles • Powertrain

• Exhaust Manifold

• Transmission Housing

• Frame

• Steering Knuckle Hydrodrive

Industrial applications • Converter Housing

• Escalator Step

• Cast Wheel

• Portal Axle Housing

• Driver

• Axle Housing

• Bearing Housing

• Rear Axle Housing

• Housing Cover

• Lighting Body and Cover

• Lighting Housing

• Decorative Angle

Source: Company Website and Press Releases

11.2.4 KEY DEVELOPMENTS

TABLE 369 GF CASTING SOLUTIONS AG: KEY DEVELOPMENTS

Date Approach Development

November 2018 Agreement GF Casting signed a contract agreement to supply lightweight cast components for electric vehicles (EV) in China. The country is one of the large markets for EVs and has set a goal for total yearly sales of 2 million EVs and gas-electric hybrid vehicles by 2020. This agreement helped the company grow its lightweight cast components business in the EV segment.

August 2017 Acquisition GF Casting acquired a high-pressure aluminum die casting specialist firm, Eucasting Ro SRL (Eucasting), which has two manufacturing units in Romania. Eucasting has an excellent customer base and location, which will help expand GF Casting's presence in the growing lightweight metal components market.

Source: Company Website and Press Releases

11.2.5 SWOT ANALYSIS

FIGURE 32 GF CASTING SOLUTIONS AG: SWOT ANALYSIS

Source: Annual Report, Press Releases, and MRFR Analysis

11.2.6 KEY STRATEGIES

GF Casting focuses on offering solutions that align with the shareholders' interests. It aims to achieve long-term success by investing in collaborations and partnerships with top OEMs. It also focuses on strengthening its product portfolio by developing innovative lightweight automotive components. Furthermore, the company strategically acquired die casting facilities to expand its manufacturing capability.

11.3 RYOBI LIMITED

11.3.1 COMPANY OVERVIEW

Company Headquarters: Hiroshima Prefecture, Japan

Founded: 1943

Workforce: ~7,708

Company Working: Ryobi Limited (Ryobi) is engaged in metal casting manufacturing by applying innovative technologies for applications in the automotive industry. It operates through four business segments, namely, die casting, printing equipment, power tools, and builders' hardware. The die casting segment manufactures automobile transmission cases and cylinder blocks, among others. It has over 2,500 types of die casting products, including cylindrical blocks and transmission cases and subframes. Ryobi Die Casting, its principal subsidiary, has six facilities in Japan and six facilities in the US, China, Thailand, countries in Europe, and Mexico. General Motors Company, Toyota Motor Corporation, Nissan Motor Co., Ltd., Mitsubishi Motors Corporation, Ford Motor Company, and Hyundai Motor Company are some of its key customers.

11.3.2 FINANCIAL OVERVIEW

FIGURE 33 RYOBI LIMITED: FINANCIAL OVERVIEW SNAPSHOT

Source: Annual Report, Press Releases, and MRFR Analysis

11.3.3 PRODUCTS OFFERED

TABLE 370 RYOBI LIMITED: PRODUCTS OFFERED

Segment Product

Die casting • Automobile Transmission Case

• Automobile Cylinder Block

• Automobile Subframe

• Motorcycle Cylinder Block

Source: Company Website and Press Releases

11.3.4 KEY DEVELOPMENTS

TABLE 371 RYOBI LIMITED: KEY DEVELOPMENTS

Date Approach Development

May 2018 Acquisition Ryobi acquired Hoei Industries Co. Ltd, a manufacturer of motor vehicle parts and accessories. This acquisition helped strengthen the company's presence in Japan and expand its customer base.

Source: Company Website and Press Releases

11.3.5 SWOT ANALYSIS

FIGURE 34 RYOBI LIMITED: SWOT ANALYSIS

Source: Annual Report, Press Releases, and MRFR Analysis

11.3.6 KEY STRATEGIES

Ryobi aims to respond to the changing needs of customers and OEMs with enhanced productivity and top-quality products. Additionally, it focuses on ensuring that its shareholders, partners, and employees always find their association with the company mutually beneficial.

11.4 DYNACAST

11.4.1 COMPANY OVERVIEW

Company Headquarters: Charlotte, US

Founded: 1936

Workforce: ~5,510

Company Working: Dynacast is engaged in manufacturing small-engineered precision parts using multi-side die-casting technology and tooling methods. It operates only through one segment—specialty die casting. This segment uses different metals such as aluminum, magnesium, and zinc for manufacturing die casting components such as heat sinks, air valves, and engine cooling fans. It has three subsidiaries in the US. One of its subsidiaries, Dynacast Industrial Products, manufactures low-cost zinc alloy fasteners and rubber products. It has 23 manufacturing facilities across 16 countries worldwide.

11.4.2 FINANCIAL OVERVIEW

This is a privately held company. Hence, financial information is not available in the public domain.

11.4.3 PRODUCTS OFFERED

TABLE 372 DYNACAST: PRODUCTS OFFERED

Segment Product

Aluminum die casting metals • Automotive

• Engine Cooling Fan

• Heat Sink For Led Headlights

• Control Unit Housing For Motorcycle

• Consumer Electronics

• Bezel for a Smart Watch

• Camera Chassis

• Radio Assembly For Satellite Systems

• Camera Housings

• Coupling on Consumer Printer

• Tablet Frame

• Internal Parts For Portable Oxygen Concentrator

• Telecommunications

• Frame For 2-Way Radio

Zinc die casting metals • Automotive

• Paddle Shifters

• Gear Shifter

• Ignition and Lock Housing For The Steering Wheel

• Capless Fuel Filler

• Air Valve For Lowering Trucks And Buses

• Consumer Electronics

• Bezel for a Smart Watch

• Camera Chassis

• Mobile Microphone

• Camera Housings

• Coupling on Consumer Printer

• Stand For Tablet

• Hardware

• Foot base for Triple-Function Power Tool

• Motor Balance for Power Sander

• Telecommunications

• Radio Assembly For Satellite Systems

• Cell Tower Components

• Tv Outlet Cover

Magnesium casting metals • Consumer Electronics

• Camera Housing On A Consumer Drone

• Camera housings

• Tablet Frame

Source: Company Website and Press Releases

11.4.4 KEY DEVELOPMENTS

TABLE 373 DYNACAST: KEY DEVELOPMENTS

Date Approach Development

January 2018 Expansion Dynacast and its partnering divisions announced a new family of brands, namely Form Technologies. Form Technologies combines three world-leading precision component manufacturers, including Dynacast for precision-engineered die-cast components, Signicast for investment casting and prototyping, and OptiMIM.

August 2017 Expansion Dynacast announced the opening of its sales office at Aichi-ken, Japan. The development enabled the company to deliver advanced and high-value solutions across several industries and increase its geographical presence in critical growing markets.

August 2017 Expansion Dynacast expanded its zinc die casting operations by installing four state-of-the-art zinc die-cast machines. It received provincial funding of USD 137,700 for development. In addition to this, the federal government also issued a grant of USD 50,000 for its staff and training.

Source: Company Website and Press Releases

11.4.5 SWOT ANALYSIS

FIGURE 35 DYNACAST: SWOT ANALYSIS

Source: Annual Report, Press Releases, and MRFR Analysis

11.4.6 KEY STRATEGIES

Dynacast aims to improve its innovation capabilities by investing in advanced tools and techniques. Its new multi-slide technologies help redefine the results, eliminate secondary operations, increase manufacturing speed, and offer reliable results to the end users. Furthermore, the company plans to expand its footprint in high-growth markets, especially Asia-Pacific.

11.5 PRECISION CASTPARTS CORP

11.5.1 COMPANY OVERVIEW

Company Headquarters: Portland, US

Founded: 1949

Workforce: ~30,500

Company Working: Precision Castparts Corp is a diversified manufacturer of complex metal components and products for the aerospace, power, and general industrial markets. It is a leading manufacturer of large, complex structural investment castings, airfoil castings, aerostructures, forged components, and highly engineered fasteners for aerospace applications. The company is also one of the leading manufacturers of airfoil castings for the industrial gas turbine market. It operates through three segments, namely, investment cast products, forged products, and airframe products. Under its investment cast products segment, it manufactures investment castings for aircraft engines, airframes, industrial gas turbine (IGT) engines, medical implants, unmanned aerial vehicles, and other industrial applications.

Precision Castparts Corp has manufacturing facilities in over 160 locations globally.

11.5.2 FINANCIAL OVERVIEW

This is a privately held company. Hence, financial information is not available in the public domain.

11.5.3 PRODUCTS OFFERED

TABLE 374 PRECISION CASTPARTS CORP: PRODUCTS OFFERED

Segment Product

Investment Cast Products • Aerospace

o Compressor Rear Frame

o Diffuser

o Fan Frame

o Sump Housing

o PTO Housing

o Swirler

o Swozzle

o Turbine Center Frame

o Turbine Exhaust Case

o Aircraft Doors

o Burner Domes

• Power

o High-Pressure/Low-Pressure Blades and Vanes

• General Industrial

o Impellers

o Spinners

• Medical Prosthetics

Source: Company Website and Press Releases

11.5.4 KEY DEVELOPMENTS

There have been no recent developments by the company in the global metal casting market.

11.5.5 SWOT ANALYSIS

FIGURE 36 PRECISION CASTPARTS CORP: SWOT ANALYSIS

Source: Annual Report, Press Releases, and MRFR Analysis

11.5.6 KEY STRATEGIES

Precision Castparts is focusing on achieving solid top- and bottom-line growth through its legacy operations, and by the acquisition of businesses, especially that are complementary to its operations. Furthermore, the company adheres to high standards in the production of high-quality products that meet the most demanding specifications of its sophisticated customer base.

11.6 GIBBS

11.6.1 COMPANY OVERVIEW

Company Headquarters: Henderson, US

Founded: 1965

Workforce: ~1,000

Company Working: GIBBS is a manufacturer of precision die-cast, machined, and assembled automotive components. It specializes in both horizontal and vertical die-cast processes and is a leading worldwide supplier for its OEMs and tier-1 consumers. GIBBS operates through four business segments, namely engineering, tool + die, die-casting, and machining + assembly. Under the die-casting segment, it manufactures and supplies transmission, powertrain, and driveline automotive die cast components. It has manufacturing operations in the US, Hungary, China, and Brazil.

General Motors, Fiat Chrysler Automobiles NV, American Axle & Manufacturing Inc,Ford Motor Company, Honda Motor Company Ltd, and ZF Friedrichshafen AG, are some of the major customers of GIBBS.

It is a wholly-owned subsidiary of Koch Enterprises, Inc.

11.6.2 FINANCIAL OVERVIEW

This is a privately held company. Hence, financial information is not available in the public domain.

11.6.3 PRODUCTS OFFERED

TABLE 375 GIBBS: PRODUCTS OFFERED

Segment Product

Driveline • Rear Drive Unit

• Front Drive Unit

• Rear Drive Unit

• Housing

• Torque Tube

Transmission • Stator Support

• Stator Comp Assembly

• Piston Clutch

• Piston Dam Assembly

• Piston

• Pump Body

• Cover

• Center Support

• Bell Housing

Powertrain • Compressor

• Engine Cover

• Crank Case

• Balance Shaft Cover

• Upper Balance Shaft

• Lower Crankcase

• Bracket

• Bearing Cap

Chassis • Bracket

Source: Company Website and Press Releases

11.6.4 KEY DEVELOPMENTS

There have been no recent developments by the company in the global metal casting market.

11.6.5 SWOT ANALYSIS

FIGURE 37 GIBBS: SWOT ANALYSIS

Source: Annual Report, Press Releases, and MRFR Analysis

11.6.6 KEY STRATEGIES

GIBBS aims at delivering technically challenging, complex cast, machined, and assembled products to its global customers. Moreover, it focuses on developing lightweight die-cast products in line with the environmental laws and regulations to cater to the changing needs of customers.

11.7 ALCAST TECHNOLOGIES

11.7.1 COMPANY OVERVIEW

Company Headquarters: Henderson, US

Founded: 1965

Workforce: ~1,000

Company Working: Alcast Technologies (Alcast) is engaged in aluminum casting, aluminum alloy casting, as well as cast aluminum finishing. It manufactures and sells aluminum cast products from general industrial to military and aerospace applications. It specializes in the production of aluminum castings ranging in size from ounces to 400lbs in any production quantity. The company also offers a full range of value-added services, including tooling maintenance, deburring, degating, CNC machining, heat treating, blast cleaning, and chemical/physical analysis.

11.7.2 FINANCIAL OVERVIEW

This is a privately held company. Hence, financial information is not available in the public domain.

11.7.3 PRODUCTS OFFERED

TABLE 376 ALCAST TECHNOLOGIES: PRODUCTS OFFERED

Segment Product

Aluminum Casting • Throttle Body

• Sensor Body

• Sensor Arm

• Scavenge Pump Housing

• Pulley with Cast in Steel Insert

• Oil Pump Housing

• Housing

• Gear Housing

• Foot Pedal

• Fixture Adapter

• Filter Adapter

• Collector Valve

• Bracket

Source: Company Website and Press Releases

11.7.4 KEY DEVELOPMENTS

There have been no recent developments by the company in the global metal casting market.

11.7.5 SWOT ANALYSIS

FIGURE 38 ALCAST TECHNOLOGIES: SWOT ANALYSIS

Source: Annual Report, Press Releases, and MRFR Analysis

11.7.6 KEY STRATEGIES

Alcast Technologies is exploring a wide range of additional quality standards by investing in optimizing its production technologies and is committed to offering customer satisfaction by vertically integrating key value-added services from its supply chain. In addition, it focuses on expanding its customer base and better serving its current customers.

11.8 AHRESTY WILMINGTON CORPORATION

11.8.1 COMPANY OVERVIEW

Company Headquarters: Wilmington, US

Founded: 1988

Workforce: ~795

Company Working: Ahresty Wilmington Corporation is engaged in R&D, and manufacturing cast, machined, and assembled aluminum die casting products, including engine, transmission, and structural components for the automotive industry. It serves customers in the US, some of which are DMAX Ltd, Honda of America, YSK, Toyota, and Subaru of America, Inc. It has both manual load and fully automated machining lines, and wherein there are 28 fully automated high-pressure die-cast machines.

Ahresty Wilmington Corporation operates as a subsidiary of Ahresty Corporation.

11.8.2 FINANCIAL OVERVIEW

This is a privately held company. Hence, financial information is not available in the public domain.

11.8.3 PRODUCTS OFFERED

TABLE 377 AHRESTY WILMINGTON CORPORATION: PRODUCTS OFFERED

Segment Product

Aluminum Die Castings • Torque Converter Case

• Timing Chain Case

• Lower Block

• Transmission Housing

• Chain Case

• Side Cover

• Housing

• Head Cover

• Oil Pan

Source: Company Website and Press Releases

11.8.4 KEY DEVELOPMENTS

There have been no recent developments by the company in the global metal casting market.

11.8.5 SWOT ANALYSIS

FIGURE 39 AHRESTY WILMINGTON CORPORATION: SWOT ANALYSIS

Source: Annual Report, Press Releases, and MRFR Analysis

11.8.6 KEY STRATEGIES

Ahresty Wilmington Corporation has been working on the strategic 10-Year Vision with "Winning absolute customers' trust 2025" of its parent company. It is focusing on enhancing its enterprise value by responding to the increasing need for the light-weighting of vehicles in developed economies and tap the growing demand for aluminum die casting in the US.

11.9 FORCEBEYOND

11.9.1 COMPANY OVERVIEW

Company Headquarters: Wilmington, US

Founded: 2006

Workforce: ~100

Company Working: FORCEBEYOND offers casting, forging, and machining solutions, including die casting, investment casting, hot forging, cold forging, sand casting, stainless steel casting, titanium casting, and high precision CNC machining. It offers various cutting-edge parts and components, engineered precision parts and components to a wide range of industries, including automotive, food, dairy, machinery, medical, chemical, mining, petrochemical, aerospace, electrical, and submarine.

Some of the key customers of FORCEBEYOND are PARKER HANNIFIN CORP, Bemis Manufacturing Company, and Knoll Inc.

FORCEBEYOND has locations in the US, China, and Taiwan, incorporated with the latest production technologies and quality assurance procedures.

11.9.2 FINANCIAL OVERVIEW

This is a privately held company. Hence, financial information is not available in the public domain.

11.9.3 PRODUCTS OFFERED

TABLE 378 FORCEBEYOND: PRODUCTS OFFERED

Segment Product

Die Casting • Aluminum Die Casting

o Oil Pump

o Mirror Frame

o Engine Housing

o Power Tool Cover

o Power Tool Housing

o Engine Cover

• Zinc Die Casting

o Flange Connector

o Automobile Part

• Magnesium Die Casting

Investment Casting • Stainless Steel Casting

o Centrifugal Pump

o Exhaust Manifold

o Solenoid Valve

o Strainer

o Gate Valve

o Ball Valve

• Duplex Stainless Steel Casting

o Submerged Pump

• Super Duplex Stainless Steel Casting

o Centrifugal Pump

o Exhaust System Box

o Submerged Pump

• Titanium Casting

o Wheel

o Pump Body

o Valve

o Impeller

• Carbon Steel Casting and Low-Alloy Steel Casting

o Gate Valve

o Valve Body

• Tractor Parts

Sand Casting • Ductile Gray Iron Sand Casting Threaded Flange Casting HS-GI-018

• Ductile Gray Iron Sand Casting Knuckle

• Gray Iron Sand Casting Pump

• Heat Resistant Steel Turbine Housing

• High Ni Turbine Housing

• QT Quick Time Exhaust Manifold

• QT Quick Time QT Turbine Bearing Housing

• Silicon Ductile Iron SiMo Turbo Housing

• Silicon Ductile Iron SiMo Exhaust Manifold

Source: Company Website and Press Releases

11.9.4 KEY DEVELOPMENTS

There have been no recent developments by the company in the global metal casting market.

11.9.5 SWOT ANALYSIS

FIGURE 40 FORCEBEYOND: SWOT ANALYSIS

Source: Annual Report, Press Releases, and MRFR Analysis

11.9.6 KEY STRATEGIES

FORCEBEYOND is focusing on operational growth and enhancement, and the sustainability of its operations. Also, it emphasizes on diversifying in growing industries and markets with innovative products and technologies. Furthermore, the company focuses on expanding its customer base by providing high-quality products.

11.10 RELIANCE FOUNDRY CO. LTD

11.10.1 COMPANY OVERVIEW

Company Headquarters: Surrey, Canada

Founded: 1925

Workforce: ~80

Company Working: Reliance Foundry Co. Ltd (Reliance Foundry) is engaged in the designing, manufacturing, and installation of metal castings and outdoor products for architectural site furnishings, traffic management, and industrial applications. It delivers the highest-quality stock and custom-designed products for architectural site furnishings, traffic management and industrial applications to clients across North America. It works with architectural design firms, installation contractors, property managers, and city planners to find the best solutions for its customers. The products are designed to suit any outdoor application, from high-profile architectural buildings to everyday industrial and commercial locations.

11.10.2 FINANCIAL OVERVIEW

This is a privately held company. Hence, financial information is not available in the public domain.

11.10.3 PRODUCTS OFFERED

TABLE 379 RELIANCE FOUNDRY CO. LTD: PRODUCTS OFFERED

Segment Product

Bollards • Decorative / architectural bollards

• Stainless steel bollards

• Security – steel pipe bollards

• Aluminum bollards

• Iron bollards

• Steel bollards

Outdoor Bike Parking Racks & Storage Lockers • Bike racks

• Bike bollards

Industrial Wheels • Single Flanged Wheels

• Double Flanged Wheels

Custom Metal Casting and Fabrication Services • Sand casting

• Investment casting

• Die casting

Source: Company Website and Press Releases

11.10.4 KEY DEVELOPMENTS

There have been no recent developments by the company in the global metal casting market.

11.10.5 SWOT ANALYSIS

FIGURE 41 RELIANCE FOUNDRY CO. LTD: SWOT ANALYSIS

Source: Annual Report, Press Releases, and MRFR Analysis

11.10.6 KEY STRATEGIES

Reliance Foundry continuously strives to deliver competitively priced, high-quality, precision metal products to its customers through a network of precisely selected international production facilities. Furthermore, the company focuses on continuous innovation and development to design a range of products suitable for outdoor applications.

12 APPENDIX

12.1 REFERENCES

 Indiana Cast Metal Association (INCMA)

 American Foundry Society (AFS)

 The North American Die Casting Association

 NON-FERROUS FOUNDERS’ SOCIETY

 Aluminium Casters’ Association of India

 Casting Industry Suppliers Association

 International Trade Centre

 World Bank

 UN Comtrade

 Government Websites

 Journals

 Company Websites

 Factiva

12.2 RELATED REPORTS

SR. NO. REPORT TITLE PUBLISH MONTH

1 Global Automotive Metal Die Casting Market Research Report: Information Forecast till 2030

by Metal (Aluminum, Zinc, Magnesium), Process Type (High-Pressure Die Casting, Gravity Die Casting), Application (Structural Components, Transmission Components), and by Region (North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa)

https://www.marketresearchfuture.com/reports/automotive-metal-die-casting-market-7698

April 2019

2 Global Aluminum Die Casting Market Research Report: Forecast till 2030

By Product Type (HPC, LPDC, Others), By Industry Vertical (Automotive, Power, Building and Construction, Others), and Region (Asia-Pacific, North America, Europe, Latin America and Middle East & Africa)

https://www.marketresearchfuture.com/reports/aluminum-die-casting-machine-market-8250

February 2021

3 Global Investment Casting Market Research Report: Forecast till 2030

by Type (Silica Sol Process, Sodium Silicate Process), Application (Aerospace & Military, General Industrial, Industrial Gas Turbines, Automotive, Others), and Region (Asia-Pacific, North America, Europe, Latin America and Middle East & Africa)

https://www.marketresearchfuture.com/reports/investment-casting-market-8520

October 2019

4. Global Aluminum Casting Market Research Report: Forecast till 2030

By End-Use Industry (Building & construction, Industrial, Transportation, Others), By Process (Die Casting, Sand Casting, Permanent Mold Casting), and Region (Asia-Pacific, North America, Europe, Latin America and Middle East & Africa)

https://www.marketresearchfuture.com/reports/aluminum-castings-market-6719

February 2021




Metal Casting Market Segmentation


Metal Casting Market Material Type Outlook (USD Billion, 2019-2030)




  • Cast Iron




  • Aluminum




  • Stainless Steel




  • Zinc




  • Magnesium




Metal Casting Market Process Outlook (USD Billion, 2019-2030)




  • Sand Casting




  • Die Casting




  • Shell Mold Casting




  • Gravity Casting




  • Vacuum Casting




Metal Casting Market End-Use Industry Outlook (USD Billion, 2019-2030)




  • Automotive & Transportation




  • Building & Construction




  • Mining




  • Equipment & Machine




  • Consumer Goods




Metal Casting Market Regional Outlook (USD Billion, 2019-2030)







  • North AmericaOutlook (USD Billion, 2019-2030)




    • North America Metal Casting Market by Material Type




      • Cast Iron




      • Aluminum




      • Stainless Steel




      • Zinc




      • Magnesium






    • North America Metal Casting Market by Process




      • Sand Casting




      • Die Casting




      • Shell Mold Casting




      • Gravity Casting




      • Vacuum Casting






    • North America Metal Casting Market by End-Use Industry




      • Automotive & Transportation




      • Building & Construction




      • Mining




      • Equipment & Machine




      • Consumer Goods






    • USOutlook (USD Billion, 2019-2030)




    • US Metal Casting Market by Material Type




      • Cast Iron




      • Aluminum




      • Stainless Steel




      • Zinc




      • Magnesium






    • US Metal Casting Market by Process




      • Sand Casting




      • Die Casting




      • Shell Mold Casting




      • Gravity Casting




      • Vacuum Casting






    • US Metal Casting Market by End-Use Industry




      • Automotive & Transportation




      • Building & Construction




      • Mining




      • Equipment & Machine




      • Consumer Goods






    • CANADAOutlook (USD Billion, 2019-2030)




    • CANADA Metal Casting Market by Material Type




      • Cast Iron




      • Aluminum




      • Stainless Steel




      • Zinc




      • Magnesium






    • CANADA Metal Casting Market by Process




      • Sand Casting




      • Die Casting




      • Shell Mold Casting




      • Gravity Casting




      • Vacuum Casting






    • CANADA Metal Casting Market by End-Use Industry




      • Automotive & Transportation




      • Building & Construction




      • Mining




      • Equipment & Machine




      • Consumer Goods








  • EuropeOutlook (USD Billion, 2019-2030)




    • Europe Metal Casting Market by Material Type




      • Cast Iron




      • Aluminum




      • Stainless Steel




      • Zinc




      • Magnesium






    • Europe Metal Casting Market by Process




      • Sand Casting




      • Die Casting




      • Shell Mold Casting




      • Gravity Casting




      • Vacuum Casting






    • Europe Metal Casting Market by End-Use Industry




      • Automotive & Transportation




      • Building & Construction




      • Mining




      • Equipment & Machine




      • Consumer Goods






    • GermanyOutlook (USD Billion, 2019-2030)




    • Germany Metal Casting Market by Material Type




      • Cast Iron




      • Aluminum




      • Stainless Steel




      • Zinc




      • Magnesium






    • Germany Metal Casting Market by Process




      • Sand Casting




      • Die Casting




      • Shell Mold Casting




      • Gravity Casting




      • Vacuum Casting






    • Germany Metal Casting Market by End-Use Industry




      • Automotive & Transportation




      • Building & Construction




      • Mining




      • Equipment & Machine




      • Consumer Goods






    • FranceOutlook (USD Billion, 2019-2030)




    • France Metal Casting Market by Material Type




      • Cast Iron




      • Aluminum




      • Stainless Steel




      • Zinc




      • Magnesium






    • France Metal Casting Market by Process




      • Sand Casting




      • Die Casting




      • Shell Mold Casting




      • Gravity Casting




      • Vacuum Casting






    • France Metal Casting Market by End-Use Industry




      • Automotive & Transportation




      • Building & Construction




      • Mining




      • Equipment & Machine




      • Consumer Goods






    • UKOutlook (USD Billion, 2019-2030)




    • UK Metal Casting Market by Material Type




      • Cast Iron




      • Aluminum




      • Stainless Steel




      • Zinc




      • Magnesium






    • UK Metal Casting Market by Process




      • Sand Casting




      • Die Casting




      • Shell Mold Casting




      • Gravity Casting




      • Vacuum Casting






    • UK Metal Casting Market by End-Use Industry




      • Automotive & Transportation




      • Building & Construction




      • Mining




      • Equipment & Machine




      • Consumer Goods






    • ITALYOutlook (USD Billion, 2019-2030)




    • ITALY Metal Casting Market by Material Type




      • Cast Iron




      • Aluminum




      • Stainless Steel




      • Zinc




      • Magnesium






    • ITALY Metal Casting Market by Process




      • Sand Casting




      • Die Casting




      • Shell Mold Casting




      • Gravity Casting




      • Vacuum Casting






    • ITALY Metal Casting Market by End-Use Industry




      • Automotive & Transportation




      • Building & Construction




      • Mining




      • Equipment & Machine




      • Consumer Goods






    • SPAINOutlook (USD Billion, 2019-2030)




    • Spain Metal Casting Market by Material Type




      • Cast Iron




      • Aluminum




      • Stainless Steel




      • Zinc




      • Magnesium






    • SpainMetal Casting Market by Process




      • Sand Casting




      • Die Casting




      • Shell Mold Casting




      • Gravity Casting




      • Vacuum Casting






    • SpainMetal Casting Market by End-Use Industry




      • Automotive & Transportation




      • Building & Construction




      • Mining




      • Equipment & Machine




      • Consumer Goods






    • Rest Of EuropeOutlook (USD Billion, 2019-2030)




    • Rest Of Europe Metal Casting Market by Material Type




      • Cast Iron




      • Aluminum




      • Stainless Steel




      • Zinc




      • Magnesium






    • REST OF EUROPE Metal Casting Market by Process




      • Sand Casting




      • Die Casting




      • Shell Mold Casting




      • Gravity Casting




      • Vacuum Casting






    • REST OF EUROPE Metal Casting Market by End-Use Industry




      • Automotive & Transportation




      • Building & Construction




      • Mining




      • Equipment & Machine




      • Consumer Goods








  • Asia-PacificOutlook (USD Billion, 2019-2030)




    • Asia-Pacific Metal Casting Market by Material Type




      • Cast Iron




      • Aluminum




      • Stainless Steel




      • Zinc




      • Magnesium






    • Asia-Pacific Metal Casting Market by Process




      • Sand Casting




      • Die Casting




      • Shell Mold Casting




      • Gravity Casting




      • Vacuum Casting






    • Asia-Pacific Metal Casting Market by End-Use Industry




      • Automotive & Transportation




      • Building & Construction




      • Mining




      • Equipment & Machine




      • Consumer Goods






    • ChinaOutlook (USD Billion, 2019-2030)




    • China Metal Casting Market by Material Type




      • Cast Iron




      • Aluminum




      • Stainless Steel




      • Zinc




      • Magnesium






    • China Metal Casting Market by Process




      • Sand Casting




      • Die Casting




      • Shell Mold Casting




      • Gravity Casting




      • Vacuum Casting






    • China Metal Casting Market by End-Use Industry




      • Automotive & Transportation




      • Building & Construction




      • Mining




      • Equipment & Machine




      • Consumer Goods






    • JapanOutlook (USD Billion, 2019-2030)




    • Japan Metal Casting Market by Material Type




      • Cast Iron




      • Aluminum




      • Stainless Steel




      • Zinc




      • Magnesium






    • Japan Metal Casting Market by Process




      • Sand Casting




      • Die Casting




      • Shell Mold Casting




      • Gravity Casting




      • Vacuum Casting






    • Japan Metal Casting Market by End-Use Industry




      • Automotive & Transportation




      • Building & Construction




      • Mining




      • Equipment & Machine




      • Consumer Goods






    • India Outlook (USD Billion, 2019-2030)




    • India Metal Casting Market by Material Type




      • Cast Iron




      • Aluminum




      • Stainless Steel




      • Zinc




      • Magnesium






    • India Metal Casting Market by Process




      • Sand Casting




      • Die Casting




      • Shell Mold Casting




      • Gravity Casting




      • Vacuum Casting






    • India Metal Casting Market by End-Use Industry




      • Automotive & Transportation




      • Building & Construction




      • Mining




      • Equipment & Machine




      • Consumer Goods






    • AustraliaOutlook (USD Billion, 2019-2030)




    • Australia Metal Casting Market by Material Type




      • Cast Iron




      • Aluminum




      • Stainless Steel




      • Zinc




      • Magnesium






    • Australia Metal Casting Market by Process




      • Sand Casting




      • Die Casting




      • Shell Mold Casting




      • Gravity Casting




      • Vacuum Casting






    • Australia Metal Casting Market by End-Use Industry




      • Automotive & Transportation




      • Building & Construction




      • Mining




      • Equipment & Machine




      • Consumer Goods






    • Rest of Asia-PacificOutlook (USD Billion, 2019-2030)




    • Rest of Asia-Pacific Metal Casting Market by Material Type




      • Cast Iron




      • Aluminum




      • Stainless Steel




      • Zinc




      • Magnesium






    • Rest of Asia-Pacific Metal Casting Market by Process




      • Sand Casting




      • Die Casting




      • Shell Mold Casting




      • Gravity Casting




      • Vacuum Casting






    • Rest of Asia-Pacific Metal Casting Market by End-Use Industry




      • Automotive & Transportation




      • Building & Construction




      • Mining




      • Equipment & Machine




      • Consumer Goods








  • Rest of the WorldOutlook (USD Billion, 2019-2030)




    • Rest of the World Metal Casting Market by Material Type




      • Cast Iron




      • Aluminum




      • Stainless Steel




      • Zinc




      • Magnesium






    • Rest of the World Metal Casting Market by Process




      • Sand Casting




      • Die Casting




      • Shell Mold Casting




      • Gravity Casting




      • Vacuum Casting






    • Rest of the World Metal Casting Market by End-Use Industry




      • Automotive & Transportation




      • Building & Construction




      • Mining




      • Equipment & Machine




      • Consumer Goods






    • Middle EastOutlook (USD Billion, 2019-2030)




    • Middle East Metal Casting Market by Material Type




      • Cast Iron




      • Aluminum




      • Stainless Steel




      • Zinc




      • Magnesium






    • Middle East Metal Casting Market by Process




      • Sand Casting




      • Die Casting




      • Shell Mold Casting




      • Gravity Casting




      • Vacuum Casting






    • Middle East Metal Casting Market by End-Use Industry




      • Automotive & Transportation




      • Building & Construction




      • Mining




      • Equipment & Machine




      • Consumer Goods






    • AfricaOutlook (USD Billion, 2019-2030)




    • Africa Metal Casting Market by Material Type




      • Cast Iron




      • Aluminum




      • Stainless Steel




      • Zinc




      • Magnesium






    • Africa Metal Casting Market by Process




      • Sand Casting




      • Die Casting




      • Shell Mold Casting




      • Gravity Casting




      • Vacuum Casting






    • Africa Metal Casting Market by End-Use Industry




      • Automotive & Transportation




      • Building & Construction




      • Mining




      • Equipment & Machine




      • Consumer Goods






    • Latin AmericaOutlook (USD Billion, 2019-2030)




    • Latin America Metal Casting Market by Material Type




      • Cast Iron




      • Aluminum




      • Stainless Steel




      • Zinc




      • Magnesium






    • Latin America Metal Casting Market by Process




      • Sand Casting




      • Die Casting




      • Shell Mold Casting




      • Gravity Casting




      • Vacuum Casting






    • Latin America Metal Casting Market by End-Use Industry




      • Automotive & Transportation




      • Building & Construction




      • Mining




      • Equipment & Machine




      • Consumer Goods







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