Metal Casting Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2021-2031

The Global Metal Casting Market is anticipated to expand significantly, rising from USD 172.45 billion in 2025 to USD 264.07 billion by 2031, reflecting a CAGR of 7.36%. Fundamentally, metal casting involves pouring molten metal into a mold to solidify into a precise shape, a process currently fueled by heightened needs for lightweight automotive parts and enduring investments in construction and infrastructure. Underscoring strong industrial performance in key regions, the American Foundry Society noted that casting sales are expected to climb by 4.2 percent to hit 50.1 billion dollars in 2025.

Despite these positive indicators, the sector faces substantial headwinds due to fluctuating raw material prices and energy costs. These variable expenses introduce financial unpredictability for manufacturers, making long-term strategic planning difficult and often eroding profit margins. As a result, this instability regarding input costs acts as a primary constraint, potentially hindering broader market growth and restricting the ability of firms to invest in necessary capital improvements.

Market Drivers

The urgent need for lightweight components within electric and hybrid vehicles serves as a major engine for the global metal casting industry. As automakers aim to improve fuel efficiency and battery range, there is a decisive move toward substituting heavy ferrous materials with high-strength aluminum and magnesium alloys, a trend further hastened by advanced giga-casting technologies that enable the creation of massive, single-piece vehicle underbodies to lower weight and assembly complexity. This shift is reflected in the financial results of key suppliers, such as Ryobi Limited, which reported consolidated net sales of 227.79 billion yen in November 2025, specifically crediting the growth to higher die casting production volumes for the automotive sector.

Concurrently, the proliferation of renewable energy infrastructure, particularly wind power, is creating significant demand for large-scale metal castings. Modern wind farms rely on massive structural components like rotor shafts, hubs, and bedplates, prompting suppliers to aggressively upgrade their manufacturing capabilities. For example, Baettr announced in December 2025 a massive expansion of its Indian manufacturing operations, aiming to boost annual capacity from 27,500 tonnes to 95,040 tonnes, while the American Foundry Society’s July 2025 report forecasts a broader market trajectory with a 1.9 percent rise in casting sales for the year.

Market Challenges

The instability of energy costs and raw material prices poses a severe obstacle to the expansion of the global metal casting market by undermining the financial stability of production operations. Since metal casting is an energy-intensive process requiring significant power for melting, and relies heavily on virgin alloys and scrap metal prone to global price swings, accurate cost forecasting and contract negotiation become increasingly difficult. This unpredictability frequently forces manufacturers to absorb unexpected cost increases that severely reduce profit margins, thereby discouraging companies from committing to the modernization and capacity expansion efforts necessary for long-term development.

The detrimental effect of this uncertain economic climate is highlighted by industry data, such as the European Foundry Association’s report from October 2025, which showed the European Foundry Industry Sentiment Indicator falling to 94.3 points. This decline in confidence reveals how ongoing cost volatility impedes strategic planning and market optimism, compelling foundries to prioritize resource conservation over growth initiatives. Consequently, instead of pursuing expansion, companies are forced to weather potential price spikes, which directly slows the industry's economic potential and limits its overall pace of progress.

Market Trends

The adoption of Additive Manufacturing for the production of complex molds and cores is transforming the industry by removing the requirement for costly traditional tooling and physical patterns. Foundries are increasingly utilizing 3D sand printing binders to expedite prototyping and fabricate intricate geometries that were once unachievable, thereby drastically reducing lead times for high-complexity, low-volume parts. This technological evolution is substantiated by the financial growth of major equipment suppliers; for instance, Voxeljet AG reported in April 2024 that its systems revenues jumped by 37.6 percent to 21.8 million euros in 2023, signaling a robust industrial uptake of large-format, high-speed 3D printers for casting purposes.

Simultaneously, a marked transition toward Sustainable Casting Practices and Closed-Loop Recycling is redefining operational goals as manufacturers aim to satisfy customer mandates and strict decarbonization standards. Moving beyond basic compliance, foundries are investing significantly in reclamation systems that optimize the reuse of scrap metal and sand to lower their environmental impact. This sector-wide dedication to green manufacturing is confirmed by the American Foundry Society’s January 2024 survey, which revealed that 26 percent of North American foundries designated environmental controls as a primary focus for capital investment in the coming year.

Key Players Profiled in the Metal Casting Market

• BONIDE Products LLC
• Corax Bioner Co.
• Certis USA L.L.C.
• Ecoworm Limited
• Kao Corporation
• OHP, Inc.
• PROMISOL S.A.
• SPAA SRL
• Vellsam Materias Bioactivas S.L.
• Victorian Chemical Company Pty Ltd.

Report Scope

In this report, the Global Metal Casting Market has been segmented into the following categories:

Metal Casting Market, by Vehicle Type:

• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles

Metal Casting Market, by Electric Vehicle Type:

• Battery Electric Vehicle
• Hybrid Electric Vehicle
• Plug-In Hybrid Electric Vehicle

Metal Casting Market, by Material Type:

• Aluminium Casting
• Cast Iron
• Magnesium Casting
• Zinc Casting
• Others

Metal Casting Market, by Application:

• Body Assemblies
• Transmission Parts
• Engine Parts

Metal Casting Market, by Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Metal Casting Market.

Available Customization

The analyst offers customization according to your specific needs. The following customization options are available for the report:

• Detailed analysis and profiling of additional market players (up to five).

This product will be delivered within 1-3 business days.