Asia Pacific Metal Casting Market Forecast to 2030

According to The Research Team’ research, the Asia Pacific metal casting market was valued at US$ 97,726.15 million in 2022 and is expected to reach US$ 1,55,214.79 million by 2030, registering a CAGR of 6.0% from 2022 to 2030. Growing automotive and construction industry and rising demand for industrial machineries are the critical factors attributed to the Asia Pacific metal casting market expansion.

Industrial machinery enhances the productivity of manufacturing operations and positively impacts industrial competitiveness. As per the data released by The Observatory of Economic Complexity (OEC), China was top exporter of industrial machineries in 2021, with export valued at US$ 1540 billion. Industrial machineries perform diverse operations, from material handling, assembly, and welding to finishing and palletizing applications. Metal castings are widely used in the production of bearing housing and machine tool components, and machinery frames and bases. Also, they are used for structural support. Thus, rising demand for industrial machineries propels the growth of the metal casting market across the globe.

On the contrary, availability of metal casting alternatives hampers on the growth of Asia Pacific metal casting market.

Based on product type, the Asia Pacific metal casting market is segmented into carbon steel alloys, stainless steel alloys, aluminum alloys, grey iron, ductile iron, and others. The grey iron segment held 31.9% market share in 2022, amassing US$ 31,128.11 million. It is projected to garner US$ 51,685.83 million by 2030 to expand at 6.5% CAGR during 2022–2030.

Based on process, the Asia Pacific metal casting market is divided into sand casting, investment casting, gravity die casting, and others. The sand casting segment held 57.6% share of Asia Pacific metal casting market in 2022, amassing US$ 56,328.83 million. It is projected to garner US$ 91,690.31 million by 2030 to expand at 6.3% CAGR during 2022–2030.

Based on application, the Asia Pacific metal casting market is segmented into automotive, aerospace, marine, textile, building and construction, oil and gas, industrial machinery, and others. The automotive segment held 29.5% share of Asia Pacific metal casting market in 2022, amassing US$ 28,787.33 million. It is projected to garner US$ 46,925.08 million by 2030 to expand at 6.3% CAGR during 2022–2030.

Based on country, the Asia Pacific metal casting market has been categorized into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 66.1% share of Asia Pacific metal casting market in 2022. It was assessed at US$ 64,629.17 million in 2022 and is likely to hit US$ 1,05,629.73 million by 2030, exhibiting a CAGR of 6.3% during 2022–2030.

Key players operating in the Asia Pacific metal casting market are Alcoa Corp, ArcelorMittal SA, Lucchini RS SpA, MEDEKO CAST Sro, Posco Holdings Inc, and Tycon Alloy Industries (HongKong) Co Ltd, among others.

1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
2.2.1 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Metal Casting Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers:
4.3.2 Manufacturers:
4.3.3 Distributors or Suppliers:
4.3.4 End Use Industry:
4.4………………………………………………………………………. List of Vendors in the Value Chain
5. Asia Pacific Metal Casting Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Automotive and Construction Industry
5.1.2 Rising Demand for Industrial Machineries
5.2 Market Restraints
5.2.1 Availability of Metal Casting Alternatives
5.3 Market Opportunities
5.3.1 Rising Demand for Lightweight Materials
5.4 Future Trends
5.4.1 Advancements in Casting Technologies
5.5 Impact Analysis
6. Metal Casting Market – Asia Pacific Market Analysis
6.1 Asia Pacific Metal Casting Market Volume (Kilo Tons)
6.2 Asia Pacific Metal Casting Market Revenue (US$ Million)
6.3 Asia Pacific Metal Casting Market Forecast and Analysis
7. Asia Pacific Metal Casting Market Analysis – Product Type
7.1 Carbon Steel Alloys
7.1.1 Overview
7.1.2 Carbon Steel Alloys Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.2 Stainless Steel Alloys
7.2.1 Overview
7.2.2 Stainless Steel Alloys Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.3 Aluminum Alloys
7.3.1 Overview
7.3.2 Aluminum Alloys Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.4 Grey Iron
7.4.1 Overview
7.4.2 Grey Iron Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.5 Ductile Iron
7.5.1 Overview
7.5.2 Ductile Iron Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
8. Asia Pacific Metal Casting Market Analysis – Process
8.1 Sand Casting
8.1.1 Overview
8.1.2 Sand Casting Market, Revenue and Forecast to 2030 (US$ Million)
8.2 Investment Casting
8.2.1 Overview
8.2.2 Investment Casting Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Gravity Die Casting
8.3.1 Overview
8.3.2 Gravity Die Casting Market, Revenue and Forecast to 2030 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
9. Asia Pacific Metal Casting Market Analysis – Application
9.1 Automotive
9.1.1 Overview
9.1.2 Automotive Market, Revenue, and Forecast to 2030 (US$ Million)
9.2 Aerospace
9.2.1 Overview
9.2.2 Aerospace Market Revenue, and Forecast to 2030 (US$ Million)
9.3 Marine
9.3.1 Overview
9.3.2 Marine Market Revenue and Forecast to 2030 (US$ Million)
9.4 Building and Construction
9.4.1 Overview
9.4.2 Building and Construction Market Revenue and Forecast to 2030 (US$ Million)
9.5 Oil and Gas
9.5.1 Overview
9.5.2 Oil and Gas Market Revenue and Forecast to 2030 (US$ Million)
9.6 Industrial Machinery
9.6.1 Overview
9.6.2 Industrial Machinery Market Revenue and Forecast to 2030 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others Market Revenue and Forecast to 2030 (US$ Million)
10. Asia Pacific Metal Casting Market – Country Analysis
10.1 Overview
10.1.1 Asia Pacific Metal Casting Market Revenue and Forecasts and Analysis – By Countries
10.1.1.1 Asia Pacific Metal Casting Market Breakdown by Country
10.1.1.2 Australia: Asia Pacific Metal Casting Market Volume and Forecasts to 2030 (Kilo Tons)
10.1.1.3 Australia: Asia Pacific Metal Casting Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.3.1 Australia: Asia Pacific Metal Casting Market Breakdown by Product Type
10.1.1.3.2 Australia: Asia Pacific Metal Casting Market Breakdown by Product Type
10.1.1.3.3 Australia: Asia Pacific Metal Casting Market Breakdown by Process
10.1.1.3.4 Australia: Asia Pacific Metal Casting Market Breakdown by Application
10.1.1.4 China: Asia Pacific Metal Casting Market Volume and Forecasts to 2030 (Kilo Tons)
10.1.1.5 China: Asia Pacific Metal Casting Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.5.1 China: Asia Pacific Metal Casting Market Breakdown by Product Type
10.1.1.5.2 China: Asia Pacific Metal Casting Market Breakdown by Product Type
10.1.1.5.3 China: Asia Pacific Metal Casting Market Breakdown by Process
10.1.1.5.4 China: Asia Pacific Metal Casting Market Breakdown by Application
10.1.1.6 India: Asia Pacific Metal Casting Market Volume and Forecasts to 2030 (Kilo Tons)
10.1.1.7 India: Asia Pacific Metal Casting Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.7.1 India: Asia Pacific Metal Casting Market Breakdown by Product Type
10.1.1.7.2 India: Asia Pacific Metal Casting Market Breakdown by Product Type
10.1.1.7.3 India: Asia Pacific Metal Casting Market Breakdown by Process
10.1.1.7.4 India: Asia Pacific Metal Casting Market Breakdown by Application
10.1.1.8 Japan: Asia Pacific Metal Casting Market Volume and Forecasts to 2030 (Kilo Tons)
10.1.1.9 Japan: Asia Pacific Metal Casting Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.9.1 Japan: Asia Pacific Metal Casting Market Breakdown by Product Type
10.1.1.9.2 Japan: Asia Pacific Metal Casting Market Breakdown by Product Type
10.1.1.9.3 Japan: Asia Pacific Metal Casting Market Breakdown by Process
10.1.1.9.4 Japan: Asia Pacific Metal Casting Market Breakdown by Application
10.1.1.10 South Korea: Asia Pacific Metal Casting Market Volume and Forecasts to 2030 (Kilo Tons)
10.1.1.11 South Korea: Asia Pacific Metal Casting Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.11.1 South Korea: Asia Pacific Metal Casting Market Breakdown by Product Type
10.1.1.11.2 South Korea: Asia Pacific Metal Casting Market Breakdown by Product Type
10.1.1.11.3 South Korea: Asia Pacific Metal Casting Market Breakdown by Process
10.1.1.11.4 South Korea: Asia Pacific Metal Casting Market Breakdown by Application
10.1.1.12 Rest of Asia Pacific: Asia Pacific Metal Casting Market Volume and Forecasts to 2030 (Kilo Tons)
10.1.1.13 Rest of Asia Pacific: Asia Pacific Metal Casting Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.13.1 Rest of Asia Pacific: Asia Pacific Metal Casting Market Breakdown by Product Type
10.1.1.13.2 Rest of Asia Pacific: Asia Pacific Metal Casting Market Breakdown by Product Type
10.1.1.13.3 Rest of Asia Pacific: Asia Pacific Metal Casting Market Breakdown by Process
10.1.1.13.4 Rest of Asia Pacific: Asia Pacific Metal Casting Market Breakdown by Application
11. Competitive Landscape
11.1 Heat Map Analysis By Key Players
11.2 Company Positioning & Concentration
11.3 Company Profitability Margin
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition
13. Company Profiles
13.1 Lucchini RS SpA
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Posco Holdings Inc
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 ArcelorMittal SA
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Alcoa Corp
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 MEDEKO CAST Sro
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Tycon Alloy Industries (HongKong) Co Ltd
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Novacast Ltd
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
14. Appendix

Table 1. Asia Pacific Metal Casting Market Segmentation
Table 2. List of Raw Material Suppliers
Table 3. Asia Pacific Metal Casting Market Volume and Forecasts To 2030 (Kilo Tons)
Table 4. Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million)
Table 5. Asia Pacific Metal Casting Market Volume and Forecasts To 2030 (Kilo Tons) – Product Type
Table 6. Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million) – Product Type
Table 7. Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million) – Process
Table 8. Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million) – Application
Table 9. Australia: Asia Pacific Metal Casting Market Volume and Forecasts To 2030 (Kilo Tons) – By Product Type
Table 10. Australia: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type
Table 11. Australia: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million) – By Process
Table 12. Australia: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million) – By Application
Table 13. China: Asia Pacific Metal Casting Market Volume and Forecasts To 2030 (Kilo Tons) – By Product Type
Table 14. China: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type
Table 15. China: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million) – By Process
Table 16. China: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million) – By Application
Table 17. India: Asia Pacific Metal Casting Market Volume and Forecasts To 2030 (Kilo Tons) – By Product Type
Table 18. India: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type
Table 19. India: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million) – By Process
Table 20. India: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million) – By Application
Table 21. Japan: Asia Pacific Metal Casting Market Volume and Forecasts To 2030 (Kilo Tons) – By Product Type
Table 22. Japan: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type
Table 23. Japan: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million) – By Process
Table 24. Japan: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million) – By Application
Table 25. South Korea: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type
Table 26. South Korea: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type
Table 27. South Korea: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million) – By Process
Table 28. South Korea: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million) – By Application
Table 29. Rest of Asia Pacific: Asia Pacific Metal Casting Market Volume and Forecasts To 2030 (Kilo Tons) – By Product Type
Table 30. Rest of Asia Pacific: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type
Table 31. Rest of Asia Pacific: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million) – By Process
Table 32. Rest of Asia Pacific: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million) – By Application
Table 33. Company Positioning & Concentration
Table 34. Company Profitability Margin

Figure 1. Asia Pacific Metal Casting Market Segmentation, By Country
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: Asia Pacific Metal Casting Market
Figure 4. Asia Pacific Metal Casting Market Impact Analysis of Drivers and Restraints
Figure 5. Asia Pacific Metal Casting Market Volume (Kilo Tons), 2020 – 2030
Figure 6. Asia Pacific Metal Casting Market Revenue (US$ Million), 2020 – 2030
Figure 7. Asia Pacific Metal Casting Market Share (%) – Product Type, 2022 and 2030
Figure 8. Carbon Steel Alloys Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 9. Carbon Steel Alloys Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Stainless Steel Alloys Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 11. Stainless Steel Alloys Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Aluminum Alloys Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 13. Aluminum Alloys Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Grey Iron Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 15. Grey Iron Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Ductile Iron Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 17. Ductile Iron Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Others Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 19. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Asia Pacific Metal Casting Market Share (%) – Process, 2022 and 2030
Figure 21. Sand Casting Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. Investment Casting Market Revenue and Forecasts To 2030 (US$ Million)
Figure 23. Gravity Die Casting Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 25. Asia Pacific Metal Casting Market Share (%) – Application, 2022 and 2030
Figure 26. Automotive Market Revenue and Forecasts To 2030 (US$ Million)
Figure 27. Aerospace Market Revenue and Forecasts To 2030 (US$ Million)
Figure 28. Marine Market Revenue and Forecasts To 2030 (US$ Million)
Figure 29. Building and Construction Market Revenue and Forecasts To 2030 (US$ Million)
Figure 30. Oil and Gas Market Revenue and Forecasts To 2030 (US$ Million)
Figure 31. Industrial Machinery Market Revenue and Forecasts To 2030 (US$ Million)
Figure 32. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 33. Asia Pacific Metal Casting Market, by Key Country – Revenue (2022) (US$ Million)
Figure 34. Asia Pacific Metal Casting Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 35. Australia: Asia Pacific Metal Casting Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 36. Australia: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million)
Figure 37. China: Asia Pacific Metal Casting Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 38. China: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million)
Figure 39. India: Asia Pacific Metal Casting Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 40. India: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million)
Figure 41. Japan: Asia Pacific Metal Casting Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 42. Japan: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million)
Figure 43. South Korea: Asia Pacific Metal Casting Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 44. South Korea: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million)
Figure 45. Rest of Asia Pacific: Asia Pacific Metal Casting Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 46. Rest of Asia Pacific: Asia Pacific Metal Casting Market Revenue and Forecasts To 2030 (US$ Million)
Figure 47. Heat Map Analysis By Key Players