Automotive Casting Market Research Report – Segmentation By Process (Die Casting, Sand Casting, Investment Casting); By Application (Transmission, Engine, and Suspension); By Material Type (Steel, Iron, and Aluminium); By Vehicle Type (Commercial vehicles and Passenger vehicles); and Region - Size, Share, Growth Analysis | Forecast (2025– 2030)
Automotive Casting Market Size (2025-2030)
The Automotive Casting Market was valued at USD 84.25 billion in 2024. Over the forecast period of 2025-2030 it is projected to reach USD 109.12 billion by 2030, growing at a CAGR of 5.31%.
Automotive casting is a widely utilized manufacturing technique that entails the introduction of molten metal into either sand or die molds to achieve a predetermined form. This method is instrumental in producing large-scale and intricately designed automotive or industrial components. Growing demands for reduced emission outputs and enhanced fuel efficiency have prompted numerous automobile manufacturers to adopt lightweight vehicle designs as a strategic move to optimize fuel consumption.
Key Market Insights:
The rising demand for lightweight automobiles, coupled with continuous technological progress in the automotive sector, stands as a key driver of market expansion. The automotive casting process offers several advantages—including enhanced accuracy, reduced cycle times, superior precision, and improved surface quality—which are anticipated to further propel market growth. Nonetheless, fluctuations in raw material prices and evolving environmental regulations are likely to pose challenges to the market’s development.
Automotive Casting Market Drivers:
The rising production of electric vehicles is a significant factor contributing to the growth of the market.
The swift expansion of electric vehicle (EV) production has become a key catalyst for the growth of the automotive parts die-casting market, significantly reshaping manufacturing standards and component design strategies. This shift has amplified the demand for lightweight, high-performance parts, as EVs necessitate specialized components such as battery enclosures, motor housings, and structural elements—areas where aluminum die casting proves especially effective.
In response to evolving EV production requirements, the industry has experienced notable technological innovation. Furthermore, electric vehicles are expected to incorporate 25–27% more aluminum by weight than internal combustion engine vehicles, with each EV estimated to use approximately 250 kilograms of aluminum.
The industry's growth is being propelled by the versatility of materials used in the die-casting process, which enables manufacturers to meet a wide range of design and performance requirements.
The growth of the die-casting industry is strongly supported by the adaptability of various materials used in the manufacturing process, particularly zinc, aluminum, and magnesium. Each material offers distinct advantages tailored to specific automotive applications. Aluminum die casting facilitates the creation of complex geometries and detailed structures, making it especially suitable for lightweight structural components and powertrain systems. Conversely, zinc die casting provides superior thermal and electrical conductivity, making it an ideal choice for manufacturing components like power steering systems and brake pads.
This material flexibility enables manufacturers to tailor component designs according to precise performance criteria—such as weight reduction, strength, and heat resistance—thereby fostering the development of more efficient and technologically advanced automotive solutions.
Automotive Casting Market Restraints and Challenges:
Environmental concerns pose a significant challenge to market growth, particularly due to the regulatory pressures and sustainability requirements associated with casting processes.
The emission of greenhouse gases and the generation of foundry waste have raised substantial environmental concerns due to their detrimental impact on the ecosystem. The enforcement of stringent regulations aimed at reducing industrial pollution may act as a constraint on the growth of the automotive casting market.
Disruptions in the supply chain present a significant barrier to market growth, affecting the timely availability of raw materials and components essential for the automotive casting process.
The availability of raw materials essential for automotive casting can be significantly affected by supply chain disruptions, natural disasters, and international trade disputes. These challenges may result in production delays, ultimately impeding the overall growth of the automotive sector over time.
Automotive Casting Market Opportunities:
The automotive casting sector is undergoing a significant transformation driven by the rapid growth of electric vehicles (EVs). As demand for EVs intensifies, manufacturers are focusing on producing specialized cast components specifically designed for electric powertrains. These parts—including battery enclosures, motor housings, and structural elements—are increasingly fabricated from lightweight and efficient materials. The use of metals such as aluminum and magnesium is particularly critical in EVs, as these materials contribute directly to enhancing battery efficiency and extending driving range through weight reduction.
In addition, the rise of EVs is catalyzing innovations in casting technologies, especially in high-pressure die casting and precision sand casting. These technological advancements facilitate the manufacture of complex, high-performance components with improved accuracy and lowered production costs. This emphasis on sustainability and environmental responsibility aligns with the casting industry's broader shift toward recyclable and energy-efficient materials and processes. With substantial investments from automakers into EV production and related infrastructure, the demand for advanced casting solutions is expected to grow considerably, highlighting the central role of electric vehicles in shaping the market’s future.
AUTOMOTIVE CASTING MARKET REPORT COVERAGE:
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2024 - 2030 |
|
Base Year |
2024 |
|
Forecast Period |
2025 - 2030 |
|
CAGR |
5.31% |
|
Segments Covered |
By process, application, material type, vehicle type, and Region |
|
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
|
Regional Scope |
North America, Europe, APAC, Latin America, Middle East & Africa |
|
Key Companies Profiled |
Bell Foundry, CFS Foundry and Buhler AG. |
Automotive Casting Market Segmentation:
Automotive Casting Market Segmentation By Process:
- Die Casting
- Sand Casting
- Investment Casting
The investment casting process currently holds the largest market share and is expected to maintain its dominance throughout the forecast period, experiencing rapid compound annual growth. This method utilizes a disposable wax pattern for each cast part and is commonly employed to produce a wide range of automotive components.
Die casting also holds a significant position within the automotive casting market. Its efficiency and precision make it a preferred technique for manufacturing complex and high-accuracy vehicle parts worldwide. The process involves injecting molten metal into a mold (die) under high pressure, resulting in high-quality automotive components. Engine and transmission parts are frequently produced using die casting, contributing to its substantial share in the automotive casting sector.
The demand for investment casting is projected to grow notably in the global market over the coming years. Often referred to as precision casting, this process is valued for its ability to manufacture highly intricate and precise automotive components with minimal material waste. Components featuring complex geometries, such as superchargers and exhaust manifolds, are commonly produced through investment casting. Increasing awareness of the advantages offered by this process is expected to drive its adoption among major and emerging automotive manufacturers worldwide.
Automotive Casting Market Segmentation By Application:
- Transmission
- Engine
- Suspension
The suspension segment held the largest market share and is projected to maintain its dominance throughout the forecast period. The rising demand for lightweight vehicles, particularly in developing countries, is anticipated to drive significant growth in this segment over the coming years.
Automotive Casting Market Segmentation By Material Type:
- Steel
- Iron
- Aluminium
The steel segment is forecasted to secure the largest market share this year and is anticipated to maintain its dominant position throughout the forecast period. The widespread availability and relatively low cost of steel are key factors driving market expansion. Compared to iron and aluminum, steel offers a favorable balance of lightweight properties and enhanced durability, which contributes significantly to its market growth.
Meanwhile, the increasing demand for lightweight vehicle components aimed at optimizing efficiency and reducing emissions has fueled global growth in the aluminum segment, enabling it to secure a substantial market share. Growing emphasis on improving vehicle performance and the rising adoption of electric vehicles further support the expansion of this segment.
Steel casting is expected to experience rapid growth in the coming years, driven by technological advancements in steel casting processes. Lightweight steel alloys provide superior strength while reducing overall vehicle weight. Additionally, steel cast components enhance vehicle safety due to their greater strength compared to aluminum parts. The implementation of stringent vehicle safety regulations worldwide is also projected to boost demand for steel-cast automotive components in the foreseeable future.
Automotive Casting Market Segmentation By Vehicle Type:
- Commercial vehicles
- Passenger vehicles
The passenger cars segment accounted for the largest market share and is expected to retain its leading position throughout the forecast period, exhibiting a robust compound annual growth rate. Growth in this segment is driven by rising passenger car sales in developing countries, coupled with increasing demand for compact, lightweight vehicle designs.
Passenger vehicles dominate the automotive casting market due to their high production volumes and strong consumer demand. Large-scale manufacturing of passenger cars generates substantial demand for cast components such as engine blocks, transmission housings, and structural parts.
Stringent regulations on fuel economy and emissions further stimulate the development of innovative casting solutions. Additionally, the passenger vehicle sector benefits from ongoing product customization and frequent model refreshes, which drive consistent demand for specialized cast components. The steady aftermarket requirement for replacement parts and repairs also reinforces the segment’s dominant position within the casting market. Collectively, these factors position the passenger vehicle segment as a primary catalyst for growth and technological advancement in the industry.
Automotive Casting Market Segmentation- by region
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
The Asia Pacific region holds the largest share of the automotive casting market, with China emerging as the foremost leader. As the world’s largest automotive manufacturer, China’s accelerating shift towards electric vehicles is significantly boosting automotive production within the country. The region’s extensive network of advanced automotive component manufacturing facilities further reinforces its dominant market position. Additionally, rising disposable incomes across the Asia Pacific are driving increased vehicle sales, thereby presenting favorable opportunities for automotive casting companies. The expanding export of automotive components from Asian countries to global markets is also fostering new avenues for growth.
Meanwhile, North America accounts for the second-largest portion of the global automotive casting market. The presence of major automotive manufacturers, increasing demand for energy-efficient vehicles, and stringent safety regulations are fueling the adoption of innovative casting technologies in this region. The United States represents a substantial share of North America’s automotive casting revenue. Moreover, growing sales of heavy trucks and passenger vehicles contribute to the region’s promising market growth prospects.
COVID-19 Pandemic: Impact Analysis
The COVID-19 pandemic negatively affected the automotive casting industry due to disruptions in the value chain, workforce suspensions, and project cancellations. To mitigate the spread of the virus, governments and local authorities implemented lockdowns and various restrictions. However, accelerated vaccination campaigns combined with increased design flexibility for manufacturing complex components are expected to support a swift recovery of the aluminum casting market in the coming years.
Latest Trends/ Developments:
In April 2024, Endurance Technologies Limited secured approval to enhance its aluminum die casting and automotive component machining capacity. The company intends to install advanced machinery focused on manufacturing machined clutch and transmission housings for four-wheel vehicles. These upgrades will be incorporated into its existing production facilities located at plot numbers B-1/2 and B-1/3 in Chakan, District.
In May 2024, Ryobi Die Casting unveiled a $50 million capital investment initiative aimed at expanding its aluminum die-casting plant in Irapuato, Mexico. This investment aims to enhance production capacity in anticipation of a significant increase in demand for electric vehicle components.
Key Players:
These are top 10 players in the Automotive Casting Market :-
- Bell Foundry
- CFS Foundry
- Buhler AG
- Dynacast, Ryobi
- Dawang Steel Castings
- Gibbs Die Casting
- Endurance Technologies
- Regensburger Druckgusswerk Wolf GmbH
- Martinrea International, Inc
- Sunrise Metal
Chapter 1. Automotive Casting Market– Scope & Methodology
1.1. Market Segmentation
1.2. Scope, Assumptions & Limitations
1.3. Research Methodology
1.4. Primary Sources`
1.5. Secondary Sources
Chapter 2. Automotive Casting Market– Executive Summary
2.1. Market Size & Forecast – (2025 – 2030) ($M/$Bn)
2.2. Key Trends & Insights
2.2.1. Demand Side
2.2.2. Supply Side
2.3. Attractive Investment Propositions
2.4. COVID-19 Impact Analysis
Chapter 3. Automotive Casting Market– Competition Scenario
3.1. Market Share Analysis & Company Benchmarking
3.2. Competitive Strategy & Development Scenario
3.3. Competitive Pricing Analysis
3.4. Supplier-Distributor Analysis
Chapter 4. Automotive Casting Market- Entry Scenario
4.1. Regulatory Scenario
4.2. Case Studies – Key Start-ups
4.3. Customer Analysis
4.4. PESTLE Analysis
4.5. Porters Five Force Model
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Powers of Customers
4.5.3. Threat of New Entrants
4.5.4. Rivalry among Existing Players
4.5.5. Threat of Substitutes
Chapter 5. Automotive Casting Market- Landscape
5.1. Value Chain Analysis – Key Stakeholders Impact Analysis
5.2. Market Drivers
5.3. Market Restraints/Challenges
5.4. Market Opportunities
Chapter 6. Automotive Casting Market– By Process
6.1 Introduction/Key Findings
6.2 Die Casting
6.3 Sand Casting
6.4 Investment Casting
6.5 Y-O-Y Growth trend Analysis By Process
6.6 Absolute $ Opportunity Analysis By Process , 2025-2030
Chapter 7. Automotive Casting Market– By Material Type
7.1 Introduction/Key Findings
7.2 Steel
7.3 Iron
7.4 Aluminium
7.5 Y-O-Y Growth trend Analysis By Material Type
7.6 Absolute $ Opportunity Analysis By Material Type , 2025-2030
Chapter 8. Automotive Casting Market– By Application
8.1 Introduction/Key Findings
8.2 Transmission
8.3 Engine
8.4 Suspension
8.5 Y-O-Y Growth trend Analysis Application
8.6 Absolute $ Opportunity Analysis End-User, 2025-2030
Chapter 9. Automotive Casting Market– By Vehicle Type
9.1 Introduction/Key Findings
9.2 Commercial vehicles
9.3 Passenger vehicles
9.4 Y-O-Y Growth trend Analysis Vehicle Type
9.5 Absolute $ Opportunity Analysis Vehicle Type , 2025-2030
Chapter 10. Automotive Casting Market, By Geography – Market Size, Forecast, Trends & Insights
10.1. North America
10.1.1. By Country
10.1.1.1. U.S.A.
10.1.1.2. Canada
10.1.1.3. Mexico
10.1.2. By Process
10.1.3. By Application
10.1.4. By Material Type
10.1.5. Vehicle Type
10.1.6. Countries & Segments - Market Attractiveness Analysis
10.2. Europe
10.2.1. By Country
10.2.1.1. U.K.
10.2.1.2. Germany
10.2.1.3. France
10.2.1.4. Italy
10.2.1.5. Spain
10.2.1.6. Rest of Europe
10.2.2. By Process
10.2.3. By Application
10.2.4. By Material Type
10.2.5. Vehicle Type
10.2.6. Countries & Segments - Market Attractiveness Analysis
10.3. Asia Pacific
10.3.1. By Country
10.3.1.2. China
10.3.1.2. Japan
10.3.1.3. South Korea
10.3.1.4. India
10.3.1.5. Australia & New Zealand
10.3.1.6. Rest of Asia-Pacific
10.3.2. By Process
10.3.3. By Vehicle Type
10.3.4. By Material Type
10.3.5. Application
10.3.6. Countries & Segments - Market Attractiveness Analysis
10.4. South America
10.4.1. By Country
10.4.1.1. Brazil
10.4.1.2. Argentina
10.4.1.3. Colombia
10.4.1.4. Chile
10.4.1.5. Rest of South America
10.4.2. By Vehicle Type
10.4.3. By Material Type
10.4.4. By Process
10.4.5. Application
10.4.6. Countries & Segments - Market Attractiveness Analysis
10.5. Middle East & Africa
10.5.1. By Country
10.5.1.4. United Arab Emirates (UAE)
10.5.1.2. Saudi Arabia
10.5.1.3. Qatar
10.5.1.4. Israel
10.5.1.5. South Africa
10.5.1.6. Nigeria
10.5.1.7. Kenya
10.5.1.10. Egypt
10.5.1.10. Rest of MEA
10.5.2. By Application
10.5.3. By Vehicle Type
10.5.4. By Material Type
10.5.5. Process
10.5.6. Countries & Segments - Market Attractiveness Analysis
Chapter 11. Automotive Casting MARKET– Company Profiles – (Overview, Portfolio, Financials, Strategies & Developments)
11.1 Bell Foundry
11.2 CFS Foundry
11.3 Buhler AG
11.4 Dynacast, Ryobi
11.5 Dawang Steel Castings
11.6 Gibbs Die Casting
11.7 Endurance Technologies
11.8 Regensburger Druckgusswerk Wolf GmbH
11.9 Martinrea International, Inc
11.10 Sunrise Metal
Download Sample
Choose License Type
2500
4250
5250
6900
Frequently Asked Questions
The rising demand for lightweight automobiles, coupled with continuous technological progress in the automotive sector, stands as a key driver of market expansion
The top players operating in the Automotive Casting Market are - Bell Foundry, CFS Foundry and Buhler AG
The COVID-19 pandemic negatively affected the automotive casting industry due to disruptions in the value chain, workforce suspensions, and project cancellations.
In April 2024, Endurance Technologies Limited obtained authorization to increase its capacity for aluminum die casting and the machining of automotive components.
North America is the Fastest growing region in the Automotive Casting Market.
