PUBLISHER: The Business Research Company | PRODUCT CODE: 1927939
PUBLISHER: The Business Research Company | PRODUCT CODE: 1927939
Foundries are specialized plants where machine parts are created by melting metal and pouring it into molds of specific shapes, producing castings essential for various metallic products. This process aids in metal manufacturing, cost reduction, and the production of durable goods.
Primary types of foundries include ferrous metal foundries and nonferrous metal foundries. Ferrous metal foundries work with different alloy varieties for diverse applications. Foundry types consist of pure-play foundries and integrated device manufacturers, catering to industries such as automobiles, pipes & fittings, agricultural machinery, electrical equipment, machine tools, and various other applications.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs on foundry metals and castings have disrupted global supply chains, increasing costs for ferrous and nonferrous metals, and affecting production timelines. Automotive, electrical equipment, and agricultural machinery segments in North America, Europe, and Asia-Pacific are most impacted. Positive impacts include boosting local foundry production, encouraging alternative materials, and driving technological innovation in casting processes.
The foundries market research report is one of a series of new reports from The Business Research Company that provides foundries market statistics, including foundries industry global market size, regional shares, competitors with a foundries market share, detailed foundries market segments, market trends and opportunities, and any further data you may need to thrive in the foundries industry. This foundries market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The foundries market size has grown steadily in recent years. It will grow from $184.08 billion in 2025 to $190.22 billion in 2026 at a compound annual growth rate (CAGR) of 3.3%. The growth in the historic period can be attributed to rising demand in automotive sector, expansion of agricultural machinery manufacturing, growth in electrical equipment and machine tools, increasing industrialization, adoption of gray and ductile iron castings.
The foundries market size is expected to see steady growth in the next few years. It will grow to $224.81 billion in 2030 at a compound annual growth rate (CAGR) of 4.3%. The growth in the forecast period can be attributed to growth in aluminum and copper foundries, increasing use of magnesium and zinc castings, adoption of integrated foundry operations, rising demand from pipes and fittings industry, expansion of machine tools and electrical equipment applications. Major trends in the forecast period include adoption of ferrous metal foundries, expansion of nonferrous metal foundries, integration of pure play and integrated device foundries, growth in automotive and industrial castings, increasing demand for high-strength and cost-effective metal castings.
The growing construction industry is expected to drive the growth of the foundries market in the coming years. The construction industry encompasses the planning, design, development, construction, renovation, and maintenance of physical structures and infrastructure. It requires a wide range of metal components for buildings, bridges, and infrastructure projects. These components often include structural steel beams, columns, brackets, and connectors, which are typically produced by foundries. For example, in February 2025, the Office for National Statistics, a UK-based government department, reported that total annual construction output increased by 0.4% in 2024 compared to 2023. As a result, the expanding construction sector is fueling the growth of the foundries market.
Leading companies in the foundries market are developing systems foundries specifically tailored for the AI era. A systems foundry is a specialized manufacturing facility dedicated to designing and producing complex electronic systems and components. This initiative aims to meet the increasing demand for advanced semiconductor solutions customized for artificial intelligence applications. For instance, in February 2024, Intel, a US-based technology firm, unveiled the world's first systems foundry designed for the AI era. This facility focuses on providing advanced semiconductor solutions specifically engineered to meet the needs of AI applications. The systems foundry emphasizes high-performance chip production, utilizing state-of-the-art manufacturing processes optimized for AI workloads.
In November 2025, GlobalFoundries Inc., a US-based semiconductor foundry, acquired Advanced Micro Foundry Pte Ltd for an undisclosed amount. With this acquisition, GlobalFoundries aims to enhance its foundry capabilities by incorporating Advanced Micro Foundry's silicon photonics manufacturing technology, expanding its portfolio to include high-speed data communication and AI infrastructure solutions. Advanced Micro Foundry Pte Ltd, based in Singapore, specializes in providing silicon photonics and photonic integrated circuit manufacturing services.
Major companies operating in the foundries market report are Waupaca Foundry Inc., Neenah Foundry Company, Grede Foundries Inc., Harrison Steel Castings Company, Cadillac Casting Inc., Wescast Industries Inc., Nemak S.A.B. de C.V., Cifunsa Foundry, MetalTek International, Zollern GmbH & Co. KG, Georg Fischer Ltd., Precision Castparts Corp., Howmet Aerospace Inc., Ryobi Limited, Eck Industries Inc., Gibbs Die Casting Corporation, Hitachi Metals Ltd., Reliance Foundry Co. Ltd., Alcoa Corporation, Bharat Forge Ltd., Brukar Inc., Consolidated Metco Inc.
Asia-Pacific was the largest region in the foundries market in 2025. Western Europe was the second-largest region in the foundries market. The regions covered in the foundries market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the foundries market are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The foundries market consists of sales of iron foundries, brass foundries, and bronze foundries. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Foundries Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses foundries market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for foundries ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The foundries market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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