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APAC Metal Casting Market

ID: MRFR/CnM/47837-HCR
111 Pages
Chitranshi Jaiswal
October 2025

APAC Metal Casting Market Research Report By (Cast Iron, Aluminum, Stainless Steel, Zinc, Magnesium), 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 Regional (China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC) - Forecast to 2035

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APAC Metal Casting Market Infographic
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APAC Metal Casting Market Summary

As per MRFR analysis, the APAC metal casting market Size was estimated at 52.43 USD Billion in 2024. The APAC metal casting market is projected to grow from 55.08 USD Billion in 2025 to 90.15 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 5.05% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The APAC metal casting market is poised for robust growth driven by technological advancements and increasing demand across key sectors.

  • China remains the largest market for metal casting, showcasing a strong emphasis on technological advancements.
  • India is emerging as the fastest-growing region, fueled by rapid urbanization and infrastructure development.
  • Sustainability initiatives are gaining traction, influencing production methods and material choices in the metal casting industry.
  • The rising demand from the automotive sector and the expansion of aerospace manufacturing are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 52.43 (USD Billion)
2035 Market Size 90.15 (USD Billion)

Major Players

Alcoa (US), BASF (DE), General Electric (US), Hitachi Metals (JP), KSM Castings (DE), Magna International (CA), Nemak (MX), Thyssenkrupp (DE), Waupaca Foundry (US)

APAC Metal Casting Market Trends

The metal casting market is currently experiencing a dynamic evolution, driven by various factors including technological advancements and increasing demand across multiple sectors. In the APAC region, the growth trajectory appears robust, with industries such as automotive, aerospace, and construction significantly contributing to the market's expansion. The integration of innovative casting techniques, such as 3D printing and automated processes, seems to enhance production efficiency and reduce waste. Furthermore, the rising emphasis on sustainability and eco-friendly practices is prompting manufacturers to adopt greener methods, which may reshape traditional casting processes. In addition, the metal casting market is likely to benefit from the ongoing urbanization and infrastructure development initiatives across APAC countries. Governments are investing heavily in infrastructure projects, which could lead to a surge in demand for cast metal products. The increasing focus on lightweight materials in automotive manufacturing is also influencing the market, as manufacturers seek to improve fuel efficiency and performance. Overall, the interplay of these factors suggests a promising outlook for the metal casting market in the region, with potential for further innovation and growth in the coming years.

Technological Advancements

The adoption of advanced technologies in the metal casting market is transforming production processes. Innovations such as 3D printing and automation are enhancing efficiency and precision, allowing for more complex designs and reduced lead times. This trend is particularly evident in the automotive and aerospace sectors, where the demand for lightweight and high-performance components is increasing.

Sustainability Initiatives

There is a growing emphasis on sustainability within the metal casting market, driven by environmental regulations and consumer preferences. Manufacturers are increasingly adopting eco-friendly practices, such as recycling scrap metal and utilizing energy-efficient processes. This shift not only reduces the environmental impact but also aligns with the global push towards greener manufacturing.

Infrastructure Development

The ongoing infrastructure development across APAC countries is significantly impacting the metal casting market. Government investments in construction and urbanization are leading to heightened demand for cast metal products. This trend is expected to continue, as nations prioritize infrastructure improvements to support economic growth and development.

APAC Metal Casting Market Drivers

Urbanization and Construction Boom

The ongoing urbanization and construction boom in APAC are driving substantial growth in the metal casting market. As urban populations expand, the demand for infrastructure, housing, and commercial buildings is increasing. This surge in construction activities necessitates a wide range of metal components, from structural beams to decorative elements, all of which are produced through metal casting. In 2025, the construction sector is projected to account for approximately 25% of the metal casting market. This trend suggests that the metal casting market must be prepared to meet the rising demand for high-quality, durable metal products that support the region's rapid urban development.

Growth in Renewable Energy Projects

The increasing focus on renewable energy projects in APAC is creating new opportunities for the metal casting market. As countries strive to meet their energy needs sustainably, investments in wind, solar, and hydroelectric power are rising. These projects often require specialized metal components, such as turbine parts and structural supports, which are produced through metal casting processes. In 2025, the renewable energy sector is anticipated to represent approximately 10% of the metal casting market. This growth suggests that the metal casting market must adapt to the unique requirements of renewable energy applications, potentially leading to innovations in materials and casting techniques.

Expansion of Aerospace Manufacturing

The aerospace manufacturing sector in APAC is witnessing rapid expansion, which is likely to bolster the metal casting market. With countries like China and India investing heavily in aerospace capabilities, the demand for high-performance metal components is on the rise. The aerospace industry requires precision-engineered parts that can withstand extreme conditions, thus driving the need for advanced metal casting techniques. In 2025, the aerospace sector is expected to contribute around 15% to the overall metal casting market. This trend indicates a growing reliance on the metal casting market to provide innovative solutions that meet stringent safety and performance standards.

Rising Demand from Automotive Sector

The automotive sector in APAC is experiencing a notable surge in demand for metal components, which significantly influences the metal casting market. As vehicle production increases, manufacturers are increasingly relying on metal casting processes to produce complex parts with high precision. In 2025, the automotive industry in APAC is projected to account for approximately 30% of the total metal casting market. This growth is driven by the rising consumer preference for lightweight vehicles that enhance fuel efficiency. Consequently, the metal casting market is adapting to meet these demands by investing in advanced casting technologies and materials that cater to the evolving automotive landscape.

Technological Integration in Manufacturing

The integration of advanced technologies in manufacturing processes is reshaping the metal casting market in APAC. Automation, artificial intelligence, and data analytics are increasingly being utilized to enhance efficiency and reduce production costs. This technological shift allows manufacturers to optimize their casting processes, resulting in improved product quality and reduced waste. In 2025, it is estimated that around 20% of metal casting operations will incorporate smart technologies. This trend indicates that the metal casting market is likely to evolve rapidly, as companies seek to leverage these advancements to maintain competitiveness and meet the growing demands of various sectors.

Market Segment Insights

By Material Type: Cast Iron (Largest) vs. Aluminum (Fastest-Growing)

In the material type segment, Cast Iron holds the largest market share, driven by its durability, affordability, and versatility across various applications, particularly in automotive and construction sectors. Aluminum follows closely, witnessing significant adoption due to its lightweight nature and corrosion resistance, appealing to industries focused on improving energy efficiency and reducing weight in products. The growth trends in this segment are primarily influenced by increasing demand for lightweight materials, especially in the automotive sector, where fuel efficiency is essential. Moreover, the rise of electric vehicles is propelling the need for aluminum as manufacturers seek materials that enhance performance while contributing to sustainability goals. As a result, aluminum is emerging as the fastest-growing material type.

Cast Iron (Dominant) vs. Magnesium (Emerging)

Cast Iron remains the dominant material in the APAC metal casting market due to its excellent casting properties, including strength, wear resistance, and the ability to be cast into complex shapes. This material is widely used in heavy machinery and construction, where its mechanical properties are critical. Conversely, Magnesium is an emerging player in the market, gaining traction for its lightweight characteristics and higher strength-to-weight ratio. This metal is increasingly used in aerospace and automotive applications, where reducing weight is crucial for performance and fuel efficiency. While Cast Iron maintains a stronghold, the rising interest in Magnesium points to a shift towards more innovative materials that meet the evolving demands of industries in the region.

By Process: Die Casting (Largest) vs. Sand Casting (Fastest-Growing)

The market share distribution within the metal casting segment shows Die Casting commanding the largest share due to its efficiency, precision, and suitability for mass production. Sand Casting follows as a traditional method but is increasingly favored for smaller batches and complex geometries, thus holding a significant portion of the market. Other methods like Shell Mold and Gravity Casting contribute to niche applications, catering to specific industry requirements. Growth trends in the Process segment are defined by the rising demand for lightweight and complex metal components across various industries, including automotive and aerospace. Factors such as technological advancements, increasing automation, and a growing focus on sustainability and recyclability drive the innovation within casting processes. The expansion of manufacturing capabilities in the region further enhances growth prospects, particularly for Sand Casting, which is witnessing remarkable adoption due to its cost-effectiveness and versatility.

Die Casting (Dominant) vs. Sand Casting (Emerging)

Die Casting, recognized for its high-speed production and exceptional dimensional accuracy, dominates the segment due to its adaptability in producing intricate designs and lightweight parts, making it the preferred choice in automotive and consumer goods industries. In contrast, Sand Casting is emerging significantly as it allows for larger castings and complex shapes with lower tooling costs, thus appealing to small and medium enterprises. The flexibility and low initial investment requirements of Sand Casting are attracting new market entrants, while Die Casting’s established foothold sustains its dominance, leading to a dynamic competition between these two methods in the metal casting landscape.

By End-Use Industry: Automotive & Transportation (Largest) vs. Building & Construction (Fastest-Growing)

Among the end-use industries in the metal casting market, the Automotive & Transportation sector occupies a significant market share due to the demand for lightweight and durable materials in vehicle manufacturing. This sector's reliance on metal casting processes enables the production of key automotive components, thereby sustaining its dominance. Furthermore, the Building & Construction industry is also critical, characterizing a growing share as infrastructure projects increase, driven by urbanization and government initiatives in various APAC regions. Growth trends indicate that while Automotive & Transportation remains the largest segment, Building & Construction is gaining momentum as more investments are funneled into infrastructure and housing development. Moreover, increasing demand for advanced and specialized metal castings across various sectors, including Mining and Equipment & Machine, propels the market further. The Consumer Goods sector, while smaller, continues to innovate, ensuring a balanced growth trajectory across all end-use segments.

Automotive & Transportation: Dominant vs. Building & Construction: Emerging

The Automotive & Transportation segment, recognized for its dominant position, relies heavily on advanced metal casting techniques to manufacture components that meet stringent automotive standards. This segment benefits from continuous innovations aimed at enhancing fuel efficiency and safety. On the other hand, Building & Construction is emerging rapidly, driven by the accelerated pace of urbanization and infrastructural investments across the region. Its demand for metal casting is fueled by the need for construction materials that are not only strong but also lightweight. As construction technologies evolve, this sector is likely to witness robust growth, with players in metal casting adapting to meet these emerging demands efficiently.

Get more detailed insights about APAC Metal Casting Market

Regional Insights

China : Unmatched Growth and Demand Trends

China holds a commanding 22.0% market share in the APAC metal casting sector, driven by rapid industrialization and urbanization. Key growth drivers include the automotive and aerospace industries, which are experiencing robust demand. Government initiatives, such as the Made in China 2025 plan, aim to enhance manufacturing capabilities. Additionally, significant investments in infrastructure and technology are fostering a conducive environment for metal casting operations.

India : Strong Demand from Diverse Sectors

India's metal casting market accounts for 10.5% of the APAC share, valued at approximately $X billion. The automotive, construction, and consumer goods sectors are key growth drivers, with increasing domestic consumption patterns. Government initiatives like the Make in India campaign are bolstering manufacturing capabilities. Furthermore, investments in smart cities and infrastructure development are enhancing the industrial landscape.

Japan : Precision and Quality at Forefront

Japan's metal casting market holds a 7.5% share in APAC, valued at around $X billion. The country is known for its advanced technology and high-quality standards, particularly in the automotive and electronics sectors. Growth is driven by innovation in materials and processes, supported by government policies promoting R&D. The focus on sustainability and eco-friendly practices is also shaping demand trends.

South Korea : Focus on High-Tech Applications

South Korea represents 4.5% of the APAC metal casting market, valued at approximately $X billion. The automotive and shipbuilding industries are significant growth drivers, with increasing demand for lightweight and durable materials. Government support through subsidies and innovation grants is fostering a competitive environment. The country's advanced infrastructure and skilled workforce further enhance its market position.

Malaysia : Diverse Applications and Investments

Malaysia's metal casting market accounts for 2.5% of the APAC share, valued at around $X billion. Key growth drivers include the automotive and electronics sectors, with rising domestic consumption patterns. Government initiatives aimed at enhancing manufacturing capabilities are crucial. The development of industrial parks and clusters is also facilitating growth in this sector.

Thailand : Export-Oriented Growth Dynamics

Thailand holds a 2.0% share in the APAC metal casting market, valued at approximately $X billion. The automotive and machinery sectors are primary growth drivers, supported by increasing exports. Government policies promoting foreign investment and trade are enhancing the business environment. Key industrial zones, such as the Eastern Economic Corridor, are pivotal for attracting major players.

Indonesia : Investment Opportunities in Casting

Indonesia's metal casting market represents 2.0% of the APAC share, valued at around $X billion. The automotive and construction sectors are key growth drivers, with rising domestic demand. Government initiatives to improve infrastructure and manufacturing capabilities are crucial. The competitive landscape is evolving, with local players gaining traction alongside international firms.

Rest of APAC : Varied Growth Across Sub-Regions

The Rest of APAC accounts for 1.43% of the metal casting market, valued at approximately $X billion. Growth is driven by localized demand in sectors like construction and consumer goods. Regulatory policies vary significantly, impacting market dynamics. Emerging markets in this category are focusing on enhancing manufacturing capabilities and attracting foreign investment to boost growth.

APAC Metal Casting Market Regional Image

Key Players and Competitive Insights

The metal casting market exhibits a dynamic competitive landscape, characterized by a blend of innovation, strategic partnerships, and regional expansion. Key players such as Alcoa (US), Hitachi Metals (JP), and Magna International (CA) are actively shaping the market through their distinct operational focuses. Alcoa (US) emphasizes sustainability and technological advancements in aluminum casting, aiming to reduce carbon emissions while enhancing production efficiency. Meanwhile, Hitachi Metals (JP) leverages its expertise in high-performance materials to cater to the automotive and aerospace sectors, positioning itself as a leader in specialized casting solutions. Magna International (CA) adopts a multifaceted approach, integrating digital transformation into its manufacturing processes to optimize supply chain management and enhance product quality. Collectively, these strategies contribute to a competitive environment that prioritizes innovation and sustainability.

The business tactics employed by these companies reflect a concerted effort to localize manufacturing and optimize supply chains. The market structure appears moderately fragmented, with a mix of established players and emerging companies vying for market share. This fragmentation allows for diverse offerings and competitive pricing, yet the influence of major players remains substantial, as they set benchmarks for quality and technological advancement.

In October 2025, Alcoa (US) announced a partnership with a leading renewable energy provider to power its casting facilities with 100% renewable energy by 2026. This strategic move underscores Alcoa's commitment to sustainability and positions the company favorably in a market increasingly driven by environmental considerations. By reducing its carbon footprint, Alcoa not only enhances its brand reputation but also aligns with global trends towards greener manufacturing practices.

In September 2025, Hitachi Metals (JP) unveiled a new line of lightweight casting products designed specifically for electric vehicles (EVs). This initiative reflects the growing demand for innovative materials in the automotive sector, particularly as manufacturers shift towards EV production. By focusing on lightweight solutions, Hitachi Metals (JP) aims to capture a significant share of the burgeoning EV market, thereby reinforcing its competitive edge.

In August 2025, Magna International (CA) launched an advanced AI-driven quality control system across its casting facilities. This system utilizes machine learning algorithms to detect defects in real-time, significantly reducing waste and improving product reliability. The implementation of such technology not only enhances operational efficiency but also positions Magna as a frontrunner in the integration of AI within the metal casting sector.

As of November 2025, the competitive trends within the metal casting market are increasingly defined by digitalization, sustainability, and the integration of advanced technologies. Strategic alliances are becoming pivotal, as companies collaborate to enhance their technological capabilities and market reach. The shift from price-based competition to a focus on innovation and supply chain reliability is evident, suggesting that future competitive differentiation will hinge on the ability to adapt to evolving market demands and technological advancements.

Key Companies in the APAC Metal Casting Market market include

Industry Developments

The APAC Metal Casting Market has witnessed significant developments recently, driven by the rising demand for lightweight materials across various industries and advancements in technology. In September 2023, BorgWarner announced plans to enhance its casting capabilities to meet the increasing demand for electric vehicle components, reflecting a broader shift toward sustainability in the sector.

Similarly, Kosei Aluminum has expanded its production facilities in Japan to boost output, aiming to cater to the automotive and aerospace sectors. Furthermore, in July 2023, Tata Steel reported a strategic collaboration with Dowa Holdings to enhance their manufacturing efficiencies in metal casting.

In terms of market valuation, Aalberts Industries and Hitachi Metals have seen notable growth in their shares, attributed to growing investments in R&D and sustainable practices. In the realm of mergers and acquisitions, in August 2023, Bharat Forge acquired a majority stake in a precision foundry, positioning itself to capitalize on the increased demand for high-performance components.

The APAC region is also focusing on regulatory changes to promote environmentally friendly manufacturing processes, which is expected to shape the metal casting landscape in the coming years.

Future Outlook

APAC Metal Casting Market Future Outlook

The metal casting market is projected to grow at a 5.05% CAGR from 2024 to 2035, driven by technological advancements, increasing demand in automotive, and infrastructure development.

New opportunities lie in:

  • Investment in automated casting technologies to enhance production efficiency.
  • Expansion into sustainable materials for eco-friendly casting solutions.
  • Development of customized casting services for niche industries.

By 2035, the market is expected to achieve robust growth, positioning itself as a leader in innovative casting solutions.

Market Segmentation

APAC Metal Casting Market Process Outlook

  • Sand Casting
  • Die Casting
  • Shell Mold Casting
  • Gravity Casting
  • Vacuum Casting

APAC Metal Casting Market Material Type Outlook

  • Cast Iron
  • Aluminum
  • Stainless Steel
  • Zinc
  • Magnesium

APAC Metal Casting Market End-Use Industry Outlook

  • Automotive & Transportation
  • Building & Construction
  • Mining
  • Equipment & Machine
  • Consumer Goods

Report Scope

MARKET SIZE 202452.43(USD Billion)
MARKET SIZE 202555.08(USD Billion)
MARKET SIZE 203590.15(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)5.05% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies Profiled["Alcoa (US)", "BASF (DE)", "General Electric (US)", "Hitachi Metals (JP)", "KSM Castings (DE)", "Magna International (CA)", "Nemak (MX)", "Thyssenkrupp (DE)", "Waupaca Foundry (US)"]
Segments CoveredMaterial Type, Process, End-Use Industry
Key Market OpportunitiesAdoption of advanced manufacturing technologies enhances efficiency in the metal casting market.
Key Market DynamicsTechnological advancements and regulatory changes drive innovation and competition in the metal casting market.
Countries CoveredChina, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC

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FAQs

What is the projected size of the APAC Metal Casting Market by 2035?

The APAC Metal Casting Market is projected to be valued at 105.0 USD Billion by the year 2035.

Which region is expected to hold the largest market share in the APAC Metal Casting Market?

China is expected to hold the largest market share, valued at 28.0 USD Billion in 2024.

What is the expected compound annual growth rate (CAGR) for the APAC Metal Casting Market from 2025 to 2035?

The expected CAGR for the APAC Metal Casting Market from 2025 to 2035 is 4.111%.

What will be the market size for Aluminum in the APAC Metal Casting Market by 2035?

The market size for Aluminum in the APAC Metal Casting Market is expected to reach 30.0 USD Billion by 2035.

Who are the key players in the APAC Metal Casting Market?

Major players in the APAC Metal Casting Market include BorgWarner, Tata Steel, and Dowa Holdings.

What is the expected value of the Stainless Steel segment in 2024?

The Stainless Steel segment of the APAC Metal Casting Market is valued at 14.0 USD Billion in 2024.

Which country in the APAC region is projected to have the highest market value by 2035?

By 2035, China is projected to have the highest market value in the APAC Metal Casting Market at 43.5 USD Billion.

What growth opportunities exist in the APAC Metal Casting Market?

Growth opportunities in the APAC Metal Casting Market include rising demand for lightweight materials and advancements in technology.

What is the expected market value for the Zinc segment by 2035?

The expected market value for the Zinc segment in the APAC Metal Casting Market is 15.0 USD Billion by 2035.

What market size is forecasted for the Magnesium segment in 2035?

The Magnesium segment is forecasted to reach a market size of 16.5 USD Billion in 2035.

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