Aircraft Engine Casting Market Global Report 2026

The aircraft engine casting market size has grown strongly in recent years. It will grow from $9.66 billion in 2025 to $10.4 billion in 2026 at a compound annual growth rate (CAGR) of 7.6%. The growth during the historic period was driven by increasing aircraft production, growing demand for fuel-efficient engines, rising adoption of advanced aerospace materials, expansion of commercial aviation fleets, and increasing focus on engine performance and durability.

The aircraft engine casting market size is expected to see strong growth in the next few years. It will grow to $13.72 billion in 2030 at a compound annual growth rate (CAGR) of 7.2%. The growth during the forecast period is expected to be driven by growing demand for next-generation aircraft engines, increasing adoption of lightweight casting materials, rising investments in aerospace manufacturing capabilities, expanding aircraft engine maintenance requirements, and increasing need for high-precision engine components. Major trends during the forecast period include rising adoption of advanced casting techniques for aircraft engine components, increasing demand for lightweight and high-strength aerospace alloys, growing use of precision investment casting for complex engine parts, rising focus on improving casting quality and defect reduction, and expansion of additive manufacturing integration with aircraft engine casting processes.

The increasing aircraft production is expected to propel the growth of the aircraft engine casting market going forward. Aircraft production is the process of manufacturing and assembling all aircraft components into a complete, airworthy vehicle that complies with stringent safety and performance standards. The increase in aircraft production is primarily driven by rising global air passenger traffic, as expanding middle-class populations and the growing affordability of air travel boost demand for new aircraft to expand fleet capacity and replace aging fleets. Aircraft engine casting supports aircraft production by enabling the efficient and high-precision manufacturing of durable engine components that enhance performance and improve scalability in aircraft assembly. For instance, in January 2025, according to Airbus SE, a France-based aircraft manufacturer, commercial aircraft deliveries increased from 735 units in 2023 to 766 units in 2024. Therefore, the increasing aircraft production is driving the growth of the aircraft engine casting market.

Major companies operating in the aircraft engine casting market are focusing on developing advanced products, such as heat-resistant alloy turbine blade castings, to improve engine performance, thermal resistance, component durability, and fuel efficiency in next-generation aircraft engines. Heat-resistant alloy turbine blade casting refers to the manufacturing of turbine blades using high-temperature-resistant alloys through advanced casting technologies to improve aircraft engine performance, durability, and thermal efficiency. For instance, in February 2024, Rostec, a Russia-based defense and technology company, announced the production of PD-8 aircraft engine turbine blades manufactured from advanced heat-resistant nickel-based alloys at the innovative UEC-Saturn casting facility in Rybinsk, Russia. These turbine blades are designed to withstand extremely high temperatures and mechanical loads. They incorporate five newly developed cast alloys for low- and high-pressure turbine components, enhancing engine durability, thermal resistance, and overall performance while supporting next-generation regional aircraft propulsion systems.

In August 2025, Pursuit Aerospace, a US-based aerospace manufacturing company, acquired Aeromet International Ltd. for an undisclosed amount. Through this acquisition, Pursuit Aerospace intends to expand its casting capabilities by integrating Aeromet International Ltd.'s aluminum and magnesium investment and sand-casting expertise while strengthening its portfolio of aerospace and defense components and manufacturing solutions. Aeromet International Ltd. is a UK-based aerospace castings company specializing in advanced aluminum and magnesium casting for the aerospace and defense industries.

Major companies operating in the aircraft engine casting market are Howmet Aerospace Inc., GE Aerospace, Rolls-Royce PLC, RTX Corporation, Safran S.A., Consolidated Precision Products Corp., ITP Aero Group S.A., Bharat Forge Limited, Magellan Aerospace Corporation, Doncasters Group Ltd., Impro Precision Industries Limited, ZOLLERN GmbH And Co. KG, MetalTek International Inc., Hitchiner Manufacturing Co. Inc., Bescast Inc., PTC Industries Limited, Milwaukee Precision Casting Inc., RLM Industries Inc., PBS Velka Bites a.s., Aerospace Industrial Development Corporation.

North America was the dominating region in the aircraft engine casting market in 2025. Asia-Pacific is expected to be the rapidly growing region in the forecast period. The regions covered in the aircraft engine casting market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the aircraft engine casting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

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