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China Investment Casting Market

ID: MRFR/CnM/47543-HCR
111 Pages
Chitranshi Jaiswal
October 2025

China Investment Casting Market Research Report By Type (Silica sol process, sodium silicate process) and By Application (Aerospace & military, general industrial, industrial gas turbines, automotive, others) - Forecast to 2035

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China Investment Casting Market Infographic
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China Investment Casting Market Summary

As per analysis, the China investment casting market is projected to grow from USD 2.88 Billion in 2025 to USD 5.16 Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 6.0% during the forecast period (2025 - 2035).

Key Market Trends & Highlights

The China investment casting market is poised for robust growth driven by technological advancements and sector-specific demands.

  • The automotive segment remains the largest contributor to the investment casting market in China, reflecting a steady demand for precision components.
  • The aerospace sector is currently the fastest-growing segment, driven by increasing investments in defense and commercial aviation.
  • Aluminum continues to dominate as the largest material used in investment casting, while steel is emerging as the fastest-growing material due to its versatility.
  • Rising demand from the automotive sector and supportive government policies are key drivers propelling the market forward.

Market Size & Forecast

2024 Market Size 2.72 (USD Billion)
2035 Market Size 5.16 (USD Billion)
CAGR (2025 - 2035) 6.0%

Major Players

Foundry Group (CN), China National Machinery Industry Corporation (CN), Zhejiang Shuanghuan Driveline Co., Ltd. (CN), Jiangsu Shagang Group Co., Ltd. (CN), Hunan Valin Steel Co., Ltd. (CN), China Minmetals Corporation (CN), Jiangsu Changjiang Electronics Technology Co., Ltd. (CN), Shandong Huamin Steel Ball Joint-stock Co., Ltd. (CN)

China Investment Casting Market Trends

The China investment casting market is currently experiencing a notable transformation, driven by advancements in technology and increasing demand across various sectors. The automotive industry, in particular, appears to be a significant contributor to this growth, as manufacturers seek to enhance production efficiency and reduce costs. Furthermore, the aerospace and defense sectors are also showing a rising interest in investment casting due to its ability to produce complex geometries with high precision. This trend suggests a shift towards more sophisticated manufacturing processes, which may lead to improved product performance and reduced waste. In addition to technological advancements, environmental considerations are becoming increasingly relevant in the China investment casting market. Regulatory frameworks are evolving, pushing companies to adopt more sustainable practices. This shift may encourage the development of eco-friendly materials and processes, aligning with the broader goals of reducing carbon footprints. As the market continues to evolve, it is likely that innovation will play a crucial role in shaping the future landscape of investment casting in China, potentially leading to new applications and market opportunities.

Technological Advancements

The China investment casting market is witnessing rapid technological advancements that enhance production capabilities. Innovations in materials and processes are enabling manufacturers to create more complex and precise components, which are essential for industries such as automotive and aerospace.

Sustainability Initiatives

There is a growing emphasis on sustainability within the China investment casting market. Companies are increasingly adopting eco-friendly practices and materials, driven by regulatory pressures and consumer demand for greener products. This trend may lead to the development of more sustainable casting methods.

Sector-Specific Growth

Different sectors are driving demand in the China investment casting market. The automotive and aerospace industries are particularly influential, as they require high-quality, lightweight components. This sector-specific growth indicates a tailored approach to meet the unique needs of various industries.

Market Segment Insights

By Application: Automotive (Largest) vs. Aerospace (Fastest-Growing)

In the China investment casting market, the application segment is prominently led by Automotive, capturing the largest share due to the country's strong automotive manufacturing capabilities. This segment benefits from increasing demand for lightweight components that enhance fuel efficiency and reduce emissions. Meanwhile, Aerospace is swiftly gaining ground as a key application area, driven by advancements in aircraft design and the need for high-performance materials that support innovative engineering priorities.

Automotive: Dominant vs. Aerospace: Emerging

The Automotive sector remains dominant in the investment casting market in China, marked by its demand for precise and durable components that contribute to vehicle performance and safety. This sector is characterized by manufacturers focusing on efficiency and sustainability, resulting in increased investments in lightweight materials. Conversely, Aerospace is emerging as a vital segment, propelled by the rise in air travel and manufacturing of advanced aircraft. This sector's growth is supported by innovations in casting techniques, offering more complex geometries and superior strength-to-weight ratios, essential for modern aircraft under stringent regulatory standards.

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

In the China investment casting market, the material type segment showcases a diverse distribution with Aluminum holding the largest share due to its lightweight properties and versatility. Steel follows closely, serving a vital role in various applications, while Nickel Alloys, Cobalt Alloys, and Titanium are emerging as niche players with specific industrial demands. These variations reflect the unique requirements of different end-use sectors such as automotive, aerospace, and consumer goods.

Aluminum (Dominant) vs. Titanium (Emerging)

Aluminum remains the dominant material in the China investment casting market, favored for its excellent corrosion resistance, high strength-to-weight ratio, and cost-effectiveness. Its use spans multiple applications, from automotive components to consumer products. In contrast, Titanium is gaining traction as an emerging material due to its outstanding strength and performance in high-temperature environments. Although its adoption is currently limited by higher cost and processing challenges, industries such as aerospace and medical implants are increasingly recognizing its benefits, paving the way for substantial growth in its market share in the coming years.

By Process Type: Shell Mold Casting (Largest) vs. Lost Wax Casting (Fastest-Growing)

In the China investment casting market, the distribution of market share among process types reveals that Shell Mold Casting holds the largest share due to its efficiency and ability to produce high-precision components. It is widely utilized in various industries, including automotive and aerospace, providing a robust foundation for its dominance. In contrast, Lost Wax Casting, while currently smaller in market share, is recognized as the fastest-growing segment, driven by the rising demand for intricate and complex designs in consumer goods and medical devices. Analyzing growth trends, the ongoing advancements in technology significantly impact both Shell Mold Casting and Lost Wax Casting. The trend towards automation and enhanced production techniques contributes to the efficiency of Shell Mold Casting. Meanwhile, Lost Wax Casting benefits from the increasing consumer preference for customized products, highlighting its adaptability in manufacturing processes. Overall, these trends indicate a dynamic shift within the investment casting sector in China, influencing how companies position themselves to meet changing demands.

Shell Mold Casting (Dominant) vs. Lost Wax Casting (Emerging)

Shell Mold Casting is characterized by its ability to produce high-quality castings with excellent surface finish and dimensional accuracy. This process is particularly favored in sectors requiring precision, such as aerospace and automotive, where performance and reliability are crucial. Its dominance in the market stems from its established technology and the capability of manufacturers to scale production efficiently. Conversely, Lost Wax Casting, known for its intricate designs and excellent detail accuracy, is emerging rapidly. This method is becoming increasingly popular in jewelry and medical sectors, where customization and complex shapes are in high demand. Both processes present unique advantages, shaping the competitive landscape of the China investment casting market.

By End Use Industry: Transportation (Largest) vs. Energy (Fastest-Growing)

In the China investment casting market, the end use industry segment is characterized by a diverse distribution of market shares across various sectors. The transportation sector holds the largest share, driven by the increasing demand for automotive components and machinery parts. Additionally, the energy sector is gaining traction as more energy-efficient and sustainable solutions are adopted, contributing to its strong growth. Consumer goods and construction also play significant roles but at a comparatively smaller scale.

Transportation: Automotive Components (Dominant) vs. Energy Infrastructure (Emerging)

In the dominant transportation segment, automotive components lead the charge with high demand stemming from the booming automotive industry in China. Investment casting techniques provide manufacturers with precise and durable parts essential for improved vehicle performance and reliability. On the other hand, the emerging energy segment is bolstered by the need for advanced infrastructure solutions, as investments in renewable energy sources and power generation technologies are on the rise. This dual focus presents opportunities for development, highlighting the importance of innovation and adaptation in meeting sector-specific demands.

Get more detailed insights about China Investment Casting Market

Key Players and Competitive Insights

The investment casting market in China is characterized by a competitive landscape that is both dynamic and multifaceted. Key growth drivers include the increasing demand for precision components across various industries such as automotive, aerospace, and machinery. Major players like Foundry Group (CN), China National Machinery Industry Corporation (CN), and Jiangsu Shagang Group Co., Ltd. (CN) are strategically positioned to leverage these trends. Foundry Group (CN) focuses on innovation and technological advancements, while China National Machinery Industry Corporation (CN) emphasizes regional expansion and partnerships to enhance its market presence. Jiangsu Shagang Group Co., Ltd. (CN) is known for its supply chain optimization strategies, which collectively shape a competitive environment that is increasingly reliant on technological integration and operational efficiency.

The market structure appears moderately fragmented, with several key players exerting influence over various segments. Business tactics such as localizing manufacturing and optimizing supply chains are prevalent among these companies, allowing them to respond swiftly to market demands. This fragmentation, coupled with the strategic maneuvers of leading firms, fosters a competitive atmosphere where agility and innovation are paramount.

In November 2025, Foundry Group (CN) announced a significant investment in a new R&D facility aimed at enhancing its capabilities in advanced materials and processes. This move is likely to bolster its competitive edge by enabling the development of more efficient and sustainable casting solutions, aligning with the growing emphasis on environmental responsibility in manufacturing.

In October 2025, China National Machinery Industry Corporation (CN) entered into a strategic partnership with a leading technology firm to integrate AI-driven analytics into its production processes. This collaboration is expected to enhance operational efficiency and reduce waste, thereby positioning the company favorably in a market that increasingly values sustainability and cost-effectiveness.

In September 2025, Jiangsu Shagang Group Co., Ltd. (CN) launched a new line of eco-friendly investment casting products, which are designed to meet stringent environmental regulations. This initiative not only reflects the company's commitment to sustainability but also addresses the rising consumer demand for greener manufacturing practices, potentially attracting a broader customer base.

As of December 2025, current competitive trends in the investment casting market are heavily influenced by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are becoming increasingly vital, as companies seek to enhance their technological capabilities and market reach. The competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technological advancement, and supply chain reliability, indicating a shift towards a more sophisticated and sustainable market landscape.

Key Companies in the China Investment Casting Market market include

Industry Developments

Recent developments in the China Investment Casting Market indicate a dynamic landscape, particularly involving major players like China National Petroleum Corporation and Sinosteel Corporation.

In August 2023, Midea Group announced a strategic investment aiming to enhance its production capabilities, responding to rising domestic and global demand for precision components. Meanwhile, there have been significant mergers and acquisitions noted, particularly involving Anhui Zhongding Sealing Parts, which in July 2023 acquired a smaller competitor to expand its market share.

The China National Offshore Oil Corporation is also expected to ramp up investments in advanced casting technology in the coming months, reflecting a push towards innovation and efficiency. Notably, Zhejiang Huangyan Juguang Plastic Machine has been expanding operations since late 2022, focusing on developing sustainable casting methods.

The overall valuation of companies in this market shows an upward trend due to increasing industrial demand and advancements in manufacturing technologies, with expected growth continuing through 2024.

Additionally, government initiatives promoting industrial upgrading are set to benefit firms like Dongfang Electric Corporation and Sany Heavy Industry, positioning them for greater competitive advantages in both local and global markets.

Future Outlook

China Investment Casting Market Future Outlook

The China investment casting market is projected to grow at a 6.0% CAGR from 2024 to 2035, driven by technological advancements, increasing demand in aerospace, and automotive sectors.

New opportunities lie in:

  • Expansion of precision casting capabilities for aerospace components.
  • Development of eco-friendly casting materials to meet regulatory standards.
  • Investment in automation technologies to enhance production efficiency.

By 2035, the market is expected to solidify its position as a leader in innovative casting solutions.

Market Segmentation

China Investment Casting Market Application Outlook

  • Automotive
  • Aerospace
  • Industrial Machinery
  • Medical Devices
  • Electronics

China Investment Casting Market Process Type Outlook

  • Shell Mold Casting
  • Expendable Pattern Casting
  • Permanent Mold Casting
  • Investment Casting
  • Lost Wax Casting

China Investment Casting Market Material Type Outlook

  • Aluminum
  • Steel
  • Nickel Alloys
  • Cobalt Alloys
  • Titanium

China Investment Casting Market End Use Industry Outlook

  • Transportation
  • Energy
  • Construction
  • Consumer Goods
  • Defense

Report Scope

MARKET SIZE 20242.72(USD Billion)
MARKET SIZE 20252.88(USD Billion)
MARKET SIZE 20355.16(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)6.0% (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 ProfiledFoundry Group (CN), China National Machinery Industry Corporation (CN), Zhejiang Shuanghuan Driveline Co., Ltd. (CN), Jiangsu Shagang Group Co., Ltd. (CN), Hunan Valin Steel Co., Ltd. (CN), China Minmetals Corporation (CN), Jiangsu Changjiang Electronics Technology Co., Ltd. (CN), Shandong Huamin Steel Ball Joint-stock Co., Ltd. (CN)
Segments CoveredApplication, Material Type, Process Type, End Use Industry
Key Market OpportunitiesGrowing demand for lightweight components in automotive and aerospace sectors drives innovation in the China investment casting market.
Key Market DynamicsRising demand for lightweight components drives innovation and competition in China's investment casting market.
Countries CoveredChina

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FAQs

What was the market size of the China Investment Casting Market in 2024?

The market size of the China Investment Casting Market in 2024 was 2.11 USD Billion.

What is the expected growth rate of the China Investment Casting Market between 2025 and 2035?

The expected CAGR for the China Investment Casting Market between 2025 and 2035 is 6.259%.

How much is the China Investment Casting Market expected to be valued by 2035?

By 2035, the China Investment Casting Market is expected to be valued at around 4.12 USD Billion.

What was the market size for the silica sol process in the China Investment Casting Market in 2024?

The market size for the silica sol process in the China Investment Casting Market in 2024 was 1.26 USD Billion.

What will the market size be for the sodium silicate process by 2035?

The market size for the sodium silicate process is expected to reach 1.59 USD Billion by 2035.

Who are the key players in the China Investment Casting Market?

Key players in the China Investment Casting Market include China National Building Material Group, Sinosteel Corporation, and China National Petroleum Corporation among others.

What dominant technology is used in the China Investment Casting Market?

The dominant technologies in the China Investment Casting Market are the silica sol process and the sodium silicate process.

Which segment of the investment casting market is anticipated to witness the highest growth?

The silica sol process segment is anticipated to witness the highest growth in the investment casting market by 2035.

What major factors are driving the growth of the China Investment Casting Market?

Key growth drivers for the China Investment Casting Market include industrial expansion and increasing demand for precision-engineered components.

How will the current global economic trends impact the China Investment Casting Market?

Current global economic trends are expected to have varying effects on the China Investment Casting Market, contingent upon demand fluctuations in diverse industries.

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