PUBLISHER: The Business Research Company | PRODUCT CODE: 1702735
PUBLISHER: The Business Research Company | PRODUCT CODE: 1702735
Aluminum die casting is a manufacturing process that involves injecting molten aluminum into a steel mold under high pressure to create intricate and precise metal parts. These components are widely used in various industries because of their lightweight nature, high strength, and excellent thermal conductivity.
The primary casting processes in aluminum die casting include high-pressure die casting, low-pressure die casting, vacuum die casting, gravity die casting, and squeeze die casting. High-pressure die casting is a method where molten metal is injected into a mold cavity under high pressure. The chamber processes involved are hot chamber aluminum die casting and cold chamber aluminum die casting, which serve numerous end-users such as automotive components, pumps and valves, industrial components, engineering components, construction, packaging, and others.
The aluminum die casting market research report is one of a series of new reports from The Business Research Company that provides aluminum die casting market statistics, including the aluminum die casting industry global market size, regional shares, competitors with aluminum die casting market share, detailed aluminum die casting market segments, market trends, and opportunities, and any further data you may need to thrive in the aluminum die casting industry. These aluminum die casting market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The aluminum die casting market size has grown strongly in recent years. It will grow from $60.92 billion in 2024 to $66.03 billion in 2025 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to the increased penetration of die-casting parts, rise in vehicle sales, demand for passenger cars, the rise in industrialization, and increased urbanization.
The aluminum die casting market size is expected to see strong growth in the next few years. It will grow to $89.97 billion in 2029 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to rising demand for electric vehicles (EVs), rising urbanization, rising consumer electronics industry, growing demand for lightweight and high-strength castings, and growing renewable energy initiatives. Major trends in the forecast period include casting techniques, automation, advanced simulation and modeling tools, computer-aided design (CAD), advancements in die-casting technology, and additive manufacturing techniques.
The growing demand for automobiles is expected to drive the expansion of the aluminum die casting market in the coming years. The automobile industry encompasses the design, development, manufacturing, marketing, and sale of motor vehicles. Several factors, such as shifts in mobility preferences, low interest rates, and the need to replace aging vehicles, are fueling the increasing demand for automobiles. In the automotive sector, aluminum die casting enables manufacturers to create lighter, stronger, and more fuel-efficient vehicles while adhering to stringent performance and safety standards. For example, in February 2024, the European Federation for Transport and Environment, a Belgium-based non-governmental organization, reported that SUV sales exceeded 1 million in 2023, marking a 23% increase from 2022 and representing a larger share of overall car sales. As a result, the growing demand for automobiles is driving the growth of the aluminum die casting market.
Leading companies in the aluminum die casting market are focusing on forming strategic partnerships to enhance their market revenues. Collaborations between companies are crucial for achieving strategic objectives and delivering innovative aluminum die casting solutions for various industries such as automotive, construction, and consumer goods. For example, in May 2022, GF Casting Solutions, a Swiss company specializing in aluminum and other superalloys, entered into a collaborative agreement with Bocar Group, a Mexican automotive supplier specializing in aluminum die-casting and machining. This partnership aims to combine their capabilities in the global high-pressure die casting market, focusing on producing lightweight components for the mobility and energy industries. The collaboration seeks to leverage their expertise in aluminum die casting to design new lightweight components essential for environmentally friendly vehicles.
In February 2024, ADC Aerospace, a US-based manufacturer of precision die-casting products, acquired Cast-Rite Corporation for an undisclosed amount. The acquisition is designed to enhance product quality, expand ADC Aerospace's presence in targeted aerospace and industrial markets, and strengthen its die-casting and fabrication capabilities through a scalable, integrated platform. Cast-Rite Corporation is a US-based company specializing in the die casting sector, including aluminum die casting services.
Major companies operating in the aluminum die casting market are Aluminum Corporation of China Limited, Alcoa Corporation, Rheinmetall Automotive AG, Arconic Corporation, Nemak SAB De CV, GF Casting Solutions, Amsted Industries Incorporated, Martinrea International Inc., The Buhler Holding AG, Rockman Industries Limited, Ryobi Limited, Dynacast International Inc., Endurance Technologies Limited, Pace Industries, Consolidated Metco Inc., Walbro Corporation, Sandhar Technologies Limited, LaSalle Bristol Inc., Madison-Kipp Corporation, FAIST Group, PHB Corp, Gibbs Die Casting Corporation, Bodine Aluminum Inc., BUVO Castings
Asia-Pacific was the largest region in the aluminum die casting market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the aluminum die casting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the aluminum die casting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The aluminum die casting market consists of revenues earned by entities by providing services such as die design and manufacturing, material selection and alloy expertise, CNC (computer numerical control) machining, quality assurance and testing, assembly and subassembly, and supply chain management. The market value includes the value of related goods sold by the service provider or included within the service offering. The aluminum die casting market also includes sales of steering knuckles, crash management systems, furnaces, aluminum alloys, and dimensional measurement tools. 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.
Aluminum Die Casting Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on aluminum die casting 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 aluminum die casting ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The aluminum die casting 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, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.