PUBLISHER: IMARC | PRODUCT CODE: 1451634
PUBLISHER: IMARC | PRODUCT CODE: 1451634
Die Casting Market Report by Process, Raw Material, Application, and Region 2024-2032
The global die casting market size reached US$ 66.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 108.0 Billion by 2032, exhibiting a growth rate (CAGR) of 5.44% during 2024-2032.
Die casting refers to a process of pouring molten metal into molds under high pressure to produce accurate metal parts. It is manufactured using metals such as lead, zinc, magnesium, aluminum, copper, and tin-based alloys. It is widely used to produce industrial components, decorative hardware, connector housings, toys, golf clubs, engine fans, and valves. As compared to other manufacturing processes, die casting reduces production costs, eliminates assembly operations, and provides greater consistency. It also reduces metal scrap, augments the production rate, and provides higher accuracy and single mold design. As a result, die casting finds extensive applications across the automotive, aerospace, defense, electronics, transportation, construction, and manufacturing industries.
Die Casting Market Trends:
The global die casting market is primarily being driven by significant growth in the automotive industry. Die casting is widely used to manufacture components for chassis, transmission, engine, brakes, power steering, and vehicle interior. In line with this, the widespread adoption of aluminum die casting for manufacturing lightweight vehicle parts to reduce fuel consumption is acting as another growth-inducing factor. Furthermore, increasing product utilization in the electronics industry to produce flexible, light, heat-resistant, and highly durable precision parts for smartphones, laptops, home appliances, and drones is providing a considerable boost to market growth. Apart from this, the advent of improved casting technology and the introduction of automation to improve consistency, offer higher speed, reduce waste, and minimize worker contact with molten metal is creating a positive outlook for the market. Moreover, widespread product utilization in the healthcare industry to manufacture complex medical devices, such as ultrasound systems, pacemakers, dialysis equipment, medical robots, monitoring devices, and hospital bed gearboxes, is providing an impetus to market growth. Other factors, including increasing investments in the manufacturing industry by several governments and the widespread product utilization in the energy sector to produce piping, drilling machinery, flow controls, and filtration devices, are anticipated to drive the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global die casting market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on process, raw material and application.
Breakup by Process:
Pressure Die Casting
Vacuum Die Casting
Squeeze Die Casting
Others
Breakup by Raw Material:
Aluminum
Magnesium
Zinc
Breakup by Application:
Automobile
Body Parts
Engine Parts
Transmission Parts
Others
Heavy Equipment
Construction
Farming
Mining
Machine Tools
Plant Machinery
Chemical Plants
Petroleum Plants
Thermal Plants
Paper
Textile
Others
Municipal Castings
Valves and Fittings
Pipes
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Dynacast International Inc. (Form Technologies Inc.), Endurance Technologies Limited, Georg Fischer Ltd., Gibbs Die Casting Corp. (Koch Enterprises Inc.), Nemak S.A.B. de C.V., Pace Industries (Leggett & Platt), Rheinmetall AG, Rockman Industries, Ryobi Die Casting (USA) Inc. (Ryobi Limited), Sandhar Technologies Limited, Shiloh Industries Inc. and Sundaram - Clayton Limited.
Key Questions Answered in This Report
- 1. What was the size of the global die casting market in 2023?
- 2. What is the expected growth rate of the global die casting market during 2024-2032?
- 3. What are the key factors driving the global die casting market?
- 4. What has been the impact of COVID-19 on the global die casting market?
- 5. What is the breakup of the global die casting market based on the process?
- 6. What is the breakup of the global die casting market based on raw material?
- 7. What is the breakup of the global die casting market based on the application?
- 8. What are the key regions in the global die casting market?
- 9. Who are the key players/companies in the global die casting market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Die Casting Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Process
- 6.1 Pressure Die Casting
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Vacuum Die Casting
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Squeeze Die Casting
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Others
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Raw Material
- 7.1 Aluminum
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Magnesium
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Zinc
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Application
- 8.1 Automobile
- 8.1.1 Market Trends
- 8.1.2 Key Segments
- 8.1.2.1 Body Parts
- 8.1.2.2 Engine Parts
- 8.1.2.3 Transmission Parts
- 8.1.2.4 Others
- 8.1.3 Market Forecast
- 8.2 Heavy Equipment
- 8.2.1 Market Trends
- 8.2.2 Key Segments
- 8.2.2.1 Construction
- 8.2.2.2 Farming
- 8.2.2.3 Mining
- 8.2.3 Market Forecast
- 8.3 Machine Tools
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Plant Machinery
- 8.4.1 Market Trends
- 8.4.2 Key Segments
- 8.4.2.1 Chemical Plants
- 8.4.2.2 Petroleum Plants
- 8.4.2.3 Thermal Plants
- 8.4.2.4 Paper
- 8.4.2.5 Textile
- 8.4.2.6 Others
- 8.4.3 Market Forecast
- 8.5 Municipal Castings
- 8.5.1 Market Trends
- 8.5.2 Key Segments
- 8.5.2.1 Valves and Fittings
- 8.5.2.2 Pipes
- 8.5.3 Market Forecast
- 8.6 Others
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Dynacast International Inc. (Form Technologies Inc.)
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Endurance Technologies Limited
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.3 Georg Fischer Ltd.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.4 Gibbs Die Casting Corp. (Koch Enterprises Inc.)
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Nemak S.A.B. de C.V.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.6 Pace Industries (Leggett & Platt)
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Rheinmetall AG
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.8 Rockman Industries
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Ryobi Die Casting (USA) Inc. (Ryobi Limited)
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Sandhar Technologies Limited
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.11 Shiloh Industries Inc.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 Sundaram - Clayton Limited
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.1 Dynacast International Inc. (Form Technologies Inc.)
List of Figures
- Figure 1: Global: Die Casting Market: Major Drivers and Challenges
- Figure 2: Global: Die Casting Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Die Casting Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Die Casting Market: Breakup by Process (in %), 2023
- Figure 5: Global: Die Casting Market: Breakup by Raw Material (in %), 2023
- Figure 6: Global: Die Casting Market: Breakup by Application (in %), 2023
- Figure 7: Global: Die Casting Market: Breakup by Region (in %), 2023
- Figure 8: Global: Die Casting (Pressure Die Casting) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: Die Casting (Pressure Die Casting) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Die Casting (Vacuum Die Casting) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Die Casting (Vacuum Die Casting) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Die Casting (Squeeze Die Casting) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Die Casting (Squeeze Die Casting) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Die Casting (Other Processes) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Die Casting (Other Processes) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Die Casting (Aluminum) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Die Casting (Aluminum) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Die Casting (Magnesium) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Die Casting (Magnesium) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Die Casting (Zinc) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Die Casting (Zinc) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Die Casting (Automobile) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Die Casting (Automobile) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Die Casting (Heavy Equipment) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Die Casting (Heavy Equipment) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: Die Casting (Machine Tools) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: Die Casting (Machine Tools) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: Global: Die Casting (Plant Machinery) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: Global: Die Casting (Plant Machinery) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: Global: Die Casting (Municipal Castings) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: Global: Die Casting (Municipal Castings) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: Global: Die Casting (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: Global: Die Casting (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: North America: Die Casting Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: North America: Die Casting Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: United States: Die Casting Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: United States: Die Casting Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: Canada: Die Casting Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: Canada: Die Casting Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: Asia-Pacific: Die Casting Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: Asia-Pacific: Die Casting Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: China: Die Casting Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: China: Die Casting Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: Japan: Die Casting Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: Japan: Die Casting Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: India: Die Casting Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: India: Die Casting Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: South Korea: Die Casting Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: South Korea: Die Casting Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Australia: Die Casting Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Australia: Die Casting Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: Indonesia: Die Casting Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: Indonesia: Die Casting Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: Others: Die Casting Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: Others: Die Casting Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: Europe: Die Casting Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: Europe: Die Casting Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: Germany: Die Casting Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: Germany: Die Casting Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: France: Die Casting Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: France: Die Casting Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: United Kingdom: Die Casting Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: United Kingdom: Die Casting Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Italy: Die Casting Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Italy: Die Casting Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Spain: Die Casting Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Spain: Die Casting Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Russia: Die Casting Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Russia: Die Casting Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Others: Die Casting Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Others: Die Casting Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Latin America: Die Casting Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Latin America: Die Casting Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 74: Brazil: Die Casting Market: Sales Value (in Million US$), 2018 & 2023
- Figure 75: Brazil: Die Casting Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 76: Mexico: Die Casting Market: Sales Value (in Million US$), 2018 & 2023
- Figure 77: Mexico: Die Casting Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 78: Others: Die Casting Market: Sales Value (in Million US$), 2018 & 2023
- Figure 79: Others: Die Casting Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 80: Middle East and Africa: Die Casting Market: Sales Value (in Million US$), 2018 & 2023
- Figure 81: Middle East and Africa: Die Casting Market: Breakup by Country (in %), 2023
- Figure 82: Middle East and Africa: Die Casting Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 83: Global: Die Casting Industry: SWOT Analysis
- Figure 84: Global: Die Casting Industry: Value Chain Analysis
- Figure 85: Global: Die Casting Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Die Casting Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Die Casting Market Forecast: Breakup by Process (in Million US$), 2024-2032
- Table 3: Global: Die Casting Market Forecast: Breakup by Raw Material (in Million US$), 2024-2032
- Table 4: Global: Die Casting Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 5: Global: Die Casting Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Global: Die Casting Market: Competitive Structure
- Table 7: Global: Die Casting Market: Key Players
