세계 금속 주조 시장 규모는 2023년 1,650억 달러에 달했습니다. 향후 IMARC Group은 2024년부터 2032년까지 7.3%의 연평균 성장률(CAGR)을 보이며 2032년까지 3,149억 달러에 달할 것으로 예측했습니다. 이 시장은 자동차 및 항공우주 산업의 수요 증가, 급속한 기술 발전, 재활용 금속 사용으로의 급격한 전환, 건설 및 인프라 프로젝트 확대, 국방 및 군사 분야 투자 증가 등으로 인해 강력한 성장을 보이고 있습니다.
자동차 산업과 항공우주 산업에서 수요 증가
자동차 산업과 항공우주 산업에서 금속 주물의 사용 증가는 시장 성장을 촉진하는 주요 요인입니다. 이와 함께 안전 기준과 연비 요구 사항의 증가로 인해 경량, 고강도, 고내구성 부품에 대한 수요가 증가하면서 시장 성장을 촉진하고 있습니다. 또한, 자동차 및 항공기의 다양한 부품 제조에 필수적인 복잡한 모양과 크기의 제조를 가능하게 하는 금속 주조가 널리 채택되고 있는 것도 시장 성장을 촉진하고 있습니다. 이와 함께 첨단 금속 주조 기술과 재료의 필요성을 촉진하는 기술 혁신과 효율성에 대한 관심이 높아지면서 시장 성장을 뒷받침하고 있습니다. 이와 더불어, 환경 친화적이고 효율적인 운송 수단으로 전환하고 전기자동차(EV) 시장 개척을 위해 금속 주조 사용을 장려하는 것도 시장 성장을 촉진하고 있습니다.
급격한 기술 발전
투자 주조, 다이캐스팅, 모래 주조 등 주조 기술의 발전으로 최종 제품의 품질과 효율성이 향상되면서 시장 성장을 견인하고 있습니다. 또한, 정밀도를 높이고 낭비를 줄이는 컴퓨터 지원 설계(CAD)와 컴퓨터 지원 제조(CAM)의 발전이 시장 성장을 촉진하고 있습니다. 이와 함께 3차원(3D) 프린팅의 도입으로 기존 주조법으로는 어려웠던 복잡한 형상의 제작이 가능해지면서 시장 성장의 원동력이 될 것으로 예상됩니다. 또한, 주조 제품의 성능을 향상시키는 새로운 합금과 가공을 도입하는 재료 과학의 급속한 발전도 성장을 촉진하는 요인으로 작용하고 있습니다.
재활용 금속 사용의 증가
환경 문제에 대한 관심 증가와 원자재 비용 상승으로 인해 주조 산업에서 재활용 금속의 사용이 증가하면서 시장 성장을 촉진하고 있습니다. 이와 함께 천연 자원을 보호하고 제조 공정의 탄소 배출량을 줄이는 데 있어 재활용 금속 사용의 중요성에 대한 인식이 높아지면서 시장 성장의 원동력이 되고 있습니다. 또한, 지속가능한 제품에 대한 소비자의 선호도가 높아지면서 제조업체들이 재활용 금속과 알루미늄을 채택하도록 장려하고 있는 것도 시장 성장에 긍정적인 영향을 미치고 있습니다. 또한, 재활용 소재 사용으로 인한 비용 효율성 향상으로 제조업체는 원자재 가격 변동을 피할 수 있어 시장 성장의 원동력이 되고 있습니다.
건설 및 인프라 프로젝트에서 광범위한 확장
건설 및 인프라 분야에서 금속 주물의 사용 확대가 시장 성장을 촉진하고 있습니다. 이에 따라 주거, 상업 및 산업 인프라 개발이 금속 주조 부품에 대한 수요를 견인하며 시장 성장을 촉진하고 있습니다. 이와 함께 내구성과 강도가 요구되는 구조 부품, 고정 장치 및 액세서리 제조에 제품 사용이 증가하면서 시장 성장을 촉진하고 있습니다. 또한, 개보수 프로젝트 및 기존 구조물의 유지보수에 금속 주물의 사용이 확대되고 있는 것도 시장 성장을 촉진하고 있습니다. 이와 더불어 교량, 터널, 대중교통 시스템과 같은 인프라 프로젝트에 대한 정부 및 민간 부문의 투자 증가로 특수 금속 주조 솔루션의 필요성이 높아지면서 시장 성장을 촉진하고 있습니다.
국방-군사 분야 투자 증가
고품질, 내구성, 신뢰성 있는 부품에 대한 수요로 인해 국방 및 군사 분야에서 금속 주조의 채택이 증가하면서 시장 성장을 견인하고 있습니다. 이와 함께 첨단 금속 주조 기술을 사용해야 하는 차량, 항공기, 무기, 보호 장비 등 국방 및 군사 장비에 대한 투자가 증가하면서 시장 성장에 탄력을 받고 있습니다. 이와 더불어, 세계 지정학적 긴장이 고조되면서 효율적이고 내구성이 뛰어난 군용 장비에 대한 수요가 증가하면서 시장 성장을 뒷받침하고 있습니다. 이와 더불어, 군용 애플리케이션의 까다로운 요구 사항을 충족하기 위해 크고 복잡하며 견고한 부품을 생산할 수 있는 국방 부문의 역량이 증가하고 있는 것도 시장 성장에 긍정적인 영향을 미치고 있습니다. 또한, 보다 진보되고 효율적인 군용 장비를 생산하기 위한 연구 개발이 진행되고 있는 것도 시장 성장의 새로운 길을 열어주고 있습니다.
The global metal casting market size reached US$ 165.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 314.9 Billion by 2032, exhibiting a growth rate (CAGR) of 7.3% during 2024-2032. The market is experiencing robust growth driven by the increasing demand from the automotive and aerospace industries, rapid technological advancements, sudden shift towards using recycled metals, expanding construction and infrastructure projects, and the rising investments in the defense and military sector.
Increasing demand in automotive and aerospace industries
The increasing utilization of metal castings in the automotive and aerospace industries are major factors driving the market growth. In line with this, the rising demand for lightweight, strong and durable components due to growing safety standards and fuel efficiency requirements is fostering the market growth. Moreover, the widespread adoption of metal casting as they allow for the production of complex shapes and sizes, which are essential in manufacturing various parts of vehicles and aircraft, is providing a thrust to the market growth. Along with this, the heightened focus on innovation and efficiency, prompting the need for advanced metal casting techniques and materials is supporting the market growth. Besides this, the ongoing shift towards environmentally friendly and efficient transportation methods, encouraging the use of metal castings for developing electric vehicles (EVs) is bolstering the market growth.
Rapid technological advancements
The rising technological improvements in casting methods, such as investment, die, and sand casting, enhancing the quality and efficiency of the end products is providing a thrust to the market growth. Moreover, the growing advancements in computer-aided design (CAD) and computer-aided manufacturing (CAM), which increase precision and reduce waste is boosting the market growth. Along with this, the introduction of three-dimensional (3D) printing, allowing for the creation of complex geometries that were difficult to achieve through traditional casting methods is anticipated to drive the market growth. Additionally, rapid developments in material science, introducing new alloys and treatments that enhance the performance of cast products is acting as a growth-inducing factor.
Growing use of recycled metals
The burgeoning environmental concerns and the rising cost of raw materials, leading to an increased use of recycled metals in the casting industry is enhancing the market growth. Along with this, the growing realization of the importance of utilizing recycled metals in conserving natural resources and reducing the carbon footprint of the manufacturing process is providing a thrust to the market growth. Moreover, the increasing consumer preference for sustainable products, prompting manufacturers to adopt recycled metals and aluminum is favoring the market growth. Additionally, the increasing cost-effectiveness of using recycled materials, which allow manufacturers to avoid the fluctuating raw material prices is catalyzing the market growth.
Widespread expansion in construction and infrastructure projects
The increasing utilization of metal casting in the construction and infrastructure sector is stimulating the market growth. In line with this, the development of residential, commercial, and industrial infrastructure, driving the demand for metal cast components is fostering the market growth. Along with this, the increasing product utilization in the creation of structural components, fixtures, and fittings that require durability and strength is favoring the market growth. Additionally, the growing application of metal castings in renovation projects and maintenance of existing structures is strengthening the market growth. In addition to this, the heightened investment by governments and private sectors in infrastructure projects like bridges, tunnels, and public transportation systems, prompting the need for specialized metal casting solutions is fueling the market growth.
Rising investment in defense and military sector
The increasing adoption of metal castings in the defense and military sector for high-quality, durable, and reliable components is favoring the market growth. Along with this, the growing investment in defense and military equipment, including vehicles, aircraft, weapons, and protective gear, necessitating the use of advanced metal casting techniques is providing a thrust to the market growth. Besides this, the rising geopolitical tensions across the globe, prompting the demand for efficient and durable military equipment is supporting the market growth. In addition to this, the increasing ability of the defense sector to produce large, complex, and robust components to meet the stringent requirements of military applications is positively impacting the market growth. Furthermore, the ongoing research and development (R&D) to create more advanced and efficient military equipment is opening new avenues for the market growth.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global and regional levels for 2024-2032. Our report has categorized the market based on process, material type, end use, components, vehicle type, electric & hybrid type, and application.
and Casting
Gravity Casting
High-Pressure Die Casting (HPDC)
Low-Pressure Die Casting (LPDC)
Others
Sand casting accounts for the majority of the market share
The report has provided a detailed breakup and analysis of the market based on the process. This includes sand casting, gravity casting, high-pressure die casting (HPDC), low-pressure die casting (LPDC), and others. According to the report, sand casting represented the largest segment.
Cast Iron
Aluminum
Steel
Zinc
Magnesium
Others
Cast iron holds the largest share in the industry
A detailed breakup and analysis of the market based on the material type have also been provided in the report. This includes cast iron, aluminum, steel, zinc, magnesium, and others. According to the report, cast iron accounted for the largest market share.
Automotive and Transportation
Equipment and Machine
Building and Construction
Aerospace and Military
Others
Automotive and transportation represents the leading market segment
The report has provided a detailed breakup and analysis of the market based on the end use. This includes automotive and transportation, equipment and machine, building and construction, aerospace and military, and others. According to the report, automotive and transportation represented the largest segment.
Alloy Wheels
Clutch Casing
Cylinder Head
Cross Car Beam
Crank Case
Battery Housing
Others
Alloy wheels exhibits a clear dominance in the market
A detailed breakup and analysis of the market based on the components have also been provided in the report. This includes alloy wheels, clutch casing, cylinder head, cross-car beam, crank case, battery housing, and others. According to the report, alloy wheels accounted for the largest market share.
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Passenger cars dominate the market
The report has provided a detailed breakup and analysis of the market based on the vehicle type. This includes passenger cars, light commercial vehicles, and heavy commercial vehicles. According to the report, passenger cars represented the largest segment.
Hybrid Electric Vehicles (HEV)
Battery Electric Vehicles (BEV)
Plug-In Hybrid Electric Vehicles (PHEV)
Hybrid electric vehicles (HEV) is the predominant market segment
A detailed breakup and analysis of the market based on the electric and hybrid type have also been provided in the report. This includes hybrid electric vehicles (HEV), battery electric vehicles (BEV), and plug-in hybrid electric vehicles (PHEV). According to the report, hybrid electric vehicles (HEV) accounted for the largest market share.
Body Assemblies
Engine Parts
Transmission Parts
Others
Body assemblies is the predominant market segment
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes body assemblies, engine parts, transmission parts, and others. According to the report, body assemblies accounted for the largest market share.
Asia Pacific
North America
Europe
Middle East and Africa
Latin America
Asia Pacific leads the market, accounting for the largest metal casting market share
The market research report has also provided a comprehensive analysis of all the major regional markets, which include Asia Pacific, North America, Europe, the Middle East and Africa, and Latin America. According to the report, Asia Pacific accounted for the largest market share.
Nemak Sab De CV (Alfa, Sab De CV)
GF Casting Solutions AG (Georg Fischer Ltd)
Dynacast Ltd
Ryobi Limited
Rheinmetall Automotive AG
Endurance Technologies Limited
Ahresty Corporation
Gibbs (Koch Enterprises Inc.)
Aisin Automotive Casting, LLC (Aisin Seiki Co., Ltd.)
MINO Industry USA, Inc
Thyssenkrupp AG
Shibaura Machine Co., Ltd