High-Pressure Die Casting - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)

The High-Pressure Die Casting Market size is estimated at USD 41.04 billion in 2025, and is expected to reach USD 55.34 billion by 2030, at a CAGR of 6.16% during the forecast period (2025-2030).

Increasing demand for lightweight yet durable automotive components, driven by a global shift toward electric vehicles and more stringent fuel efficiency standards, is driving the high-pressure die casting (HPDC) market. As automotive manufacturers aim to extend the range and reduce the emissions of their vehicles, HPDC is favored for its ability to produce complex shapes with high dimensional accuracy and excellent surface finish, making it ideal for creating components that are both lightweight and structurally robust.

This need is further amplified by the automotive industry's ongoing transition to electrification, which necessitates the development of components that can withstand the unique demands of electric powertrains, such as battery frames and motor housings. As a result, the HPDC market is experiencing substantial growth, with manufacturers investing in new technologies and expanding capacity to meet these evolving requirements.

The high-pressure die-casting industry is experiencing a key trend with increased investments in technology and capacity expansion, driven by the growing demand for lightweight and structurally efficient components, especially in electric vehicles. As the automotive industry shifts toward electrification, companies within the HPDC market are focusing on innovations that enhance the performance and weight efficiency of their components. This trend is reflective of a broader industry movement toward sustainability and increased fuel efficiency. For instance,

Key Highlights

• In April 2024, Hyundai Motor announced an investment in hypercasting technology, which allows for the production of entire car bodies in a single process, significantly enhancing manufacturing efficiency and reducing material wastage.
• In April 2024, Honda announced developments in the Intelligent Power Unit (IPU) case, utilizing high-pressure die-casting machines as part of its EV hub in Ohio. This development showcased the integration of HPDC technology in manufacturing critical vehicle components that are lighter and structurally sound.

High-Pressure Die Casting Market Trends

Automotive Segment Expected to Gain Prominence During the Forecast Period

The automotive industry is the predominant segment within the high-pressure die casting (HPDC) market, primarily driven by the surge in aluminum usage and the escalating production of EVs. The shift toward lightweight materials is a critical driver in the automotive industry, primarily due to the need to meet stricter fuel economy and emissions standards.

• The aluminum content in vehicles, which currently averages about 450 pounds per vehicle, is projected to increase to 550 pounds per vehicle by 2030. This reflects a nearly 22% rise, underscoring the industry's ongoing shift toward lighter and more fuel-efficient vehicles.

This trend is particularly pronounced in the production of electric vehicles, which are more aluminum-intensive than traditional combustion engine vehicles. The increased aluminum usage in vehicles aligns with the automotive industry's needs for HPDC as it allows for the efficient and sustainable production of complex, high-integrity parts. Furthermore, the surge in EV production further underscores the importance of HPDC in the automotive industry.

• According to the International Energy Agency (IEA), EV sales are projected to rise significantly from 14 million units in 2023 to nearly 45 million by 2030 and continue to rise to reach 65 million by 2035. This growth is mirrored in the sales share, which is expected to jump from 15% in 2023 to about 40% by 2030 and over 50% by 2035 in the Stated Policies Scenario.

This increase in EV production necessitates more HPDC parts, particularly because of the need for lightweight structural components that accommodate the additional weight of batteries without compromising vehicle performance.

Asia-Pacific Expected to Witness the Highest Growth During the Forecast Period

The Asia-Pacific region is expected to dominate the global high-pressure die-casting market, and it is also expected to witness the fastest growth rate during the forecast period. In the Asia-Pacific region, countries like China, India, and Japan are likely to play a key role in the market.

• For instance, China is one of the major producers of die-casting parts and accounts for the majority of the regional die-casting market's share. The metal casting industry in China has more than 30,000 facilities, of which around 8,000 facilities produce non-ferrous castings. China produces over 55.0 million metric tons of castings.

The increasing popularity of fuel-efficient vehicles and the latest advancements in die-casting techniques are expected to further contribute to the market's development. Thus, due to such benefits, automakers in the region are entering long-term deals for uninterrupted supply of raw materials, expansion of plants, etc.

The growing focus of foundries on improving innovation to produce products that meet consumer preferences and international standards offers new opportunities for players in the market. Foundries are focusing on technical quality and brand orientation, which are considered major growth drivers for the Asia-Pacific high-pressure die-casting market. Such developments and instances are likely to contribute to the overall development of the market across Asia-Pacific countries.

High-Pressure Die Casting Industry Overview

The high-pressure die-casting market is highly fragmented, with the presence of many regional and international players worldwide. Competition in the market has increased, as many small- and medium-scale players from developing countries have entered and expanded their business in the market over recent years. Some of the recognized players in the market are Nemak, Georg Fischer Automotive, Ryobi Die Casting, Rheinmetall AG, Form Technologies Inc. (Dynacast), and Shiloh Industries. Some other notable players include Koch Enterprise, Linamar Corporation, and Bocar Group.

Major players in the HPDC market are actively engaging in technological advancements, operational efficiency improvements, and strategic expansions to enhance their product offerings and better position themselves in the evolving automotive market, especially with the shift toward electric vehicles. These strategic moves are aimed at capturing a larger share of the market by meeting the increasing demands for high-quality, precision components in both conventional and electric vehicles.

• For instance, in May 2024, Ryobi Die Casting announced a USD 50 million expansion of its plant in Mexico to increase production capacity in anticipation of future EV demands. This expansion included the addition of new large HPDC machines, underscoring Ryobi's strategic initiative to scale operations in line with market trends.

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