Aluminum Casting Market: By Process, By End Use Sector, and Region Forecast 2019-2030  

Aluminum Casting Market Size, Share, Growth, Trends, and Global Industry Analysis: By Process (Sand Casting, Die Casting, and Permanent Mold Casting), By End Use Sector (Industrial Sector, Building & Construction Sector, Transportation Sector, and Others), and Region Forecast 2019-2030  

Aluminum Casting Market size was valued US$ 57.61 billion in 2023 and is poised to grow at a CAGR of 7.14% from 2024 to 2030.  Aluminum casting is the technique of moulding liquid aluminium under high pressure into a die cavity to create simple to complicated items. The mould is manufactured with accuracy in the desired shape, size, quality, and finish surface. These are the lightest die-cast alloys, have the best surface polish, and can endure the highest working temperature of any die-cast alloy. Aluminum is the raw material which is converted into products by using the casting process which is the original and most widely used process.

However, advancements have been taken place in the field of aluminum casting but the principle remains the same, molten aluminum is poured into a mold to duplicate the desired pattern. However, the automotive industry is the largest market for aluminum casting. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).

Aluminum Casting Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

7.14%

Largest Market

Asia-Pacific

Fastest Growing Market

North America

Aluminum Casting Market Dynamics

The increasing demand from automobile and consumer appliances coupled with rising investments in construction, mining, and electronics is anticipated to drive the growth of the market over the forecast years. Moreover, replacement of iron and steel with aluminum in the automobile sector and industrial expansion in emerging economies is another factor fuelling the growth of the market. Furthermore, increasing military investments in Light weight weapon systems is one of the main factors driving the market growth.

Aluminum Casting Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 57.61 billion

Market CAGR

7.14%

By Process

  • Sand Casting
  • Die Casting
  • Permanent Mold Casting

By End Use Sector

  • Industrial Sector
  • Building & Construction Sector
  • Transportation Sector
  • Others

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Key Features of the Report

  • The aluminum casting market report provides granular level information about the market size, regional market share, historic market (2019-2023) and forecast (2024-2030)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startups details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis.

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Frequently Asked Questions

The global aluminum casting market size was valued at US$ 57.61 billion in 2023 and is projected to grow at a CAGR of 7.14% from 2024 to 2030.

The market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

The market key players are: Alcoa Corporation, Rio Tinto, Aluminum Corporation of China Limited (Chalco), Gibbs Die Casting Corp, Arconic Inc.

Author image

Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1. Executive Summary
2. Global Aluminum Casting Market Introduction 
2.1.Global Aluminum Casting Market  - Taxonomy
2.2.Global Aluminum Casting Market  - Definitions
2.2.1.Process
2.2.2.End Use Sector
2.2.3.Region
3. Global Aluminum Casting Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Aluminum Casting Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Aluminum Casting Market  By Process, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Sand Casting
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Die Casting
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Permanent Mold Casting
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6. Global Aluminum Casting Market  By End Use Sector, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Industrial Sector
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Building & Construction Sector
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Transportation Sector
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Others
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
7. Global Aluminum Casting Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8. North America Aluminum Casting Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Process Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Sand Casting
8.1.2.Die Casting
8.1.3.Permanent Mold Casting
8.2.  End Use Sector Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Industrial Sector
8.2.2.Building & Construction Sector
8.2.3.Transportation Sector
8.2.4.Others
8.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9. Europe Aluminum Casting Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Process Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Sand Casting
9.1.2.Die Casting
9.1.3.Permanent Mold Casting
9.2.  End Use Sector Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Industrial Sector
9.2.2.Building & Construction Sector
9.2.3.Transportation Sector
9.2.4.Others
9.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
9.3.6.Rest of EU
10. Asia Pacific (APAC) Aluminum Casting Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Process Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Sand Casting
10.1.2.Die Casting
10.1.3.Permanent Mold Casting
10.2.  End Use Sector Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Industrial Sector
10.2.2.Building & Construction Sector
10.2.3.Transportation Sector
10.2.4.Others
10.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11. Middle East and Africa (MEA) Aluminum Casting Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Process Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Sand Casting
11.1.2.Die Casting
11.1.3.Permanent Mold Casting
11.2.  End Use Sector Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Industrial Sector
11.2.2.Building & Construction Sector
11.2.3.Transportation Sector
11.2.4.Others
11.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12. Latin America Aluminum Casting Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Process Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Sand Casting
12.1.2.Die Casting
12.1.3.Permanent Mold Casting
12.2.  End Use Sector Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Industrial Sector
12.2.2.Building & Construction Sector
12.2.3.Transportation Sector
12.2.4.Others
12.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Alcoa Corporation
13.2.2.Rio Tinto
13.2.3.Aluminum Corporation of China Limited (Chalco)
13.2.4.Gibbs Die Casting Corp
13.2.5.Arconic Inc.
13.2.6.Ryobi Limited
13.2.7.United Company Rusal
13.2.8.Rockman Industries Ltd.
13.2.9.Kaiser Aluminum
13.2.10.Dynacast Charlotte
13.2.11.Nemak, S.A.B. De C.V.
13.2.12.China Hongqiao Group Limited
13.2.13.Martinrea Honsel
14. Research Methodology 
15. Appendix and Abbreviations 

Key Market Players

  • Alcoa Corporation
  • Rio Tinto
  • Aluminum Corporation of China Limited (Chalco)
  • Gibbs Die Casting Corp
  • Arconic Inc.
  • Ryobi Limited
  • United Company Rusal
  • Rockman Industries Ltd.
  • Kaiser Aluminum
  • Dynacast Charlotte
  • Nemak, S.A.B. De C.V.
  • China Hongqiao Group Limited
  • Martinrea Honsel

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