Die Casting Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Process (Pressure Die Casting, Vacuum Die Casting, Squeeze Die Casting, and Others), By Raw Material (Aluminum, Magnesium, Zinc), By Application (Automobile, Heavy Equipment, Machine Tools, Plant Machinery, Municipal Castings, and Others), By Region & Competition, 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 99.86 Billion
CAGR (2026-2031)	8.88%
Fastest Growing Segment	Vacuum Die Casting
Largest Market	Asia Pacific
Market Size (2031)	USD 166.37 Billion

Market Overview

The Global Die Casting Market will grow from USD 99.86 Billion in 2025 to USD 166.37 Billion by 2031 at a 8.88% CAGR. Die casting is a metal manufacturing process in which molten metal is forced under high pressure into a mold cavity to create components with precise dimensions and superior surface finishes. The market is primarily supported by the automotive industry's persistent demand for lightweight parts to enhance fuel efficiency and extend the range of electric vehicles. Furthermore, the industrial machinery sector contributes to growth through its requirement for high-strength, durable components necessary for complex assemblies. These fundamental drivers are distinct from technological market trends, providing a stable foundation for long-term industrial demand.

However, a significant challenge impeding market expansion is the volatility of raw material prices combined with high energy costs, which can severely impact profit margins and operational planning. Strict environmental regulations regarding emissions also impose compliance burdens that limit production flexibility in key manufacturing hubs. According to the Japan Die Casting Association, in 2024, the annual total production of all alloy die castings reached 906,801 tons. This figure illustrates the substantial scale of output required to meet industrial needs, even as manufacturers navigate economic fluctuations and regulatory pressures.

Key Market Drivers

The rapid expansion of electric vehicle manufacturing and battery enclosure production is fundamentally reshaping the die casting market. Manufacturers are increasingly utilizing high-pressure die casting to produce integral structural components, such as battery trays and gigacast underbodies, which are essential for accommodating heavy battery packs while maintaining vehicle range. This structural shift is driving substantial order volumes for specialized casting suppliers as they pivot toward propulsion-agnostic and electric-specific architectures. According to Nemak, July 2024, in the 'Second Quarter 2024 Earnings Report', the company's order book for the e-mobility, structure, and chassis segment reached US$1.8 billion annually, highlighting the robust industrial commitment to electrification.

Concurrently, the increasing demand for lightweight automotive components to enhance fuel efficiency acts as a powerful catalyst for market growth. Automakers are aggressively replacing steel with aluminum and magnesium alloys to meet stringent emission standards and improve performance across all vehicle types, creating a sustained requirement for precision cast parts. According to the Aluminum Association, October 2024, in the 'Aluminum Situation' report, aluminum demand in North America increased by 5.2% year-over-year through the first half of 2024, driven largely by transportation needs. This trend is mirrored in production output; according to the European Foundry Association (CAEF), in 2023, the production of light metal castings in member countries reached nearly 3.4 million tons, demonstrating the critical role of lightweight materials in modern manufacturing.

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Key Market Challenges

The volatility of raw material prices combined with high energy costs constitutes a formidable barrier to the expansion of the global die casting market. Since the core manufacturing process requires substantial power to melt and mold metal alloys, elevated energy tariffs directly inflate operational expenses and reduce overall competitiveness. When these high baseline costs converge with unpredictable fluctuations in the pricing of essential metals like aluminum and zinc, manufacturers face severe uncertainty in financial planning. This instability compromises profit margins and forces companies to adopt conservative production schedules rather than pursuing aggressive capacity expansion or facility modernization.

The tangible impact of these economic pressures is evident in major manufacturing regions where output has contracted despite demand from end-use industries. According to the Association of German Die Casting Foundries, in 2024, the national production of die castings declined by 3% to approximately 810,000 tons. This reduction in output volume demonstrates how escalating input costs and pricing instability directly hinder market growth, causing established industrial hubs to scale back operations to maintain financial viability.

Key Market Trends

The transition to closed-loop recycling and low-carbon alloy sourcing is becoming a defining trend as manufacturers seek to decouple production costs from volatile virgin metal prices and meet stringent sustainability targets. This approach involves the direct reintegration of post-industrial scrap and end-of-life components into the casting process, which significantly lowers the carbon footprint and energy consumption associated with primary smelting. Foundries are increasingly expanding their internal capabilities to process secondary alloys, ensuring a steady supply of high-grade material for automotive and industrial applications. According to the Shanghai Metal Market (SMM), December 2024, in the 'New Capacity of Secondary Cast Aluminum Alloy in 2024' analysis, the actual new operational capacity for secondary cast aluminum alloy in China reached 1.32 million metric tons in 2024, reflecting the industry's rapid scaling of recycling infrastructure to support sustainable manufacturing.

Simultaneously, the adoption of Giga Press technology for integrated automotive castings is revolutionizing manufacturing workflows by enabling the consolidation of complex assemblies into single-piece megacastings. This trend focuses on the deployment of ultra-large tonnage die casting cells by OEMs and Tier 1 suppliers to streamline assembly lines, eliminate welding steps, and reduce overall capital expenditure on joining technologies. The shift toward these high-capacity solutions is bolstering the market position of specialized machinery providers who are delivering the equipment necessary for this structural transformation. According to Bühler Group, February 2025, in the 'Annual Report 2024', the company reported an EBIT of CHF 227 million, a financial performance attributed in part to its ability to capitalize on its strong market position in the megacasting sector despite broader automotive market challenges.

Segmental Insights

The vacuum die casting segment currently represents the fastest growing category within the global market, driven by the automotive industry's increasing demand for high-integrity components with minimal porosity. This process is essential for producing lightweight parts that support fuel efficiency, a priority reinforced by strict emission standards from regulatory bodies like the United States Environmental Protection Agency. Unlike conventional methods, vacuum die casting enables the manufacturing of weldable and heat-treatable structural components, making it integral to the production of modern electric and internal combustion vehicles.

Regional Insights

Asia Pacific leads the global die casting market due to the extensive expansion of the automotive and manufacturing sectors within China and India. This dominance is reinforced by strict regulatory frameworks, such as the China VI emission standards and India's Bharat Stage VI norms, which necessitate the production of lightweight vehicles to ensure fuel efficiency. Consequently, original equipment manufacturers are increasingly relying on aluminum die casting to reduce vehicle weight. Furthermore, rapid industrialization and consistent infrastructure development across the region continue to sustain the high demand for durable cast components.

Recent Developments

• In December 2024, Endurance Technologies, through its Italian subsidiary, signed a definitive agreement to acquire a 60% stake in Stoferle Automotive GmbH and Stoferle GmbH based in Germany. The acquired companies specialize in the manufacturing of machined aluminum castings for various automotive applications. The transaction, valued at approximately €37.74 million for the initial stake, also includes options for the company to purchase the remaining equity beginning in June 2026. This acquisition is a strategic move to strengthen the company’s technological capabilities and expand its footprint in the European automotive components market.
• In November 2024, Bühler launched the enhanced Ecoline DS series, a new generation of cold-chamber die-casting machines engineered for the production of high-quality aluminum and magnesium parts. The series offers locking forces ranging from 3,400 to 9,000 kN and is specifically designed to meet the rigorous demands of the automotive industry as well as other sectors. These machines combine robust mechanical engineering with advanced digital capabilities, aiming to reduce cycle times by up to 40% and maximize uptime. This product launch underscores the company's commitment to providing efficient, customized solutions for foundries worldwide.
• In May 2024, GF Casting Solutions announced a significant investment of over $184 million to establish a new high-pressure die casting facility in Augusta, Georgia. The plant is designed to manufacture cast aluminum parts, with a specific focus on large structural components required for the transition to electric vehicles. This strategic expansion into the United States aims to serve the growing needs of the North American e-mobility market. The facility, which is expected to commence operations in 2027, will create approximately 350 new jobs and utilize sustainable manufacturing practices, including LEED certification.
• In May 2024, Ryobi Die Casting revealed plans to invest $50 million to expand its existing aluminum die casting operations in Irapuato, Mexico. This capital project involves the construction of an additional 91,500 square feet of manufacturing space and the installation of five new large high-pressure die cast machines. The investment is intended to boost production capacity to meet the surging demand for electric vehicle components in the automotive sector. Construction is scheduled for completion by April 2025, and the expansion is expected to generate over 120 new positions, reinforcing the company’s presence in the region.

Key Market Players

• Linamar Corporation
• Alcoa Corporation
• Rheinmetall AG
• Form Technologies
• Rockman Industries Ltd.
• Endurance Technologies Limited
• Sandhar Technologies Limited
• Bocar Group
• Koch Enterprises, Inc.
• EngTek Group

By Process	By Raw Material	By Application	By Region
Pressure Die Casting Vacuum Die Casting Squeeze Die Casting Others	Aluminum Magnesium Zinc	Automobile Heavy Equipment Machine Tools Plant Machinery Municipal Castings Others	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Die Casting Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Die Casting Market, By Process:

• Pressure Die Casting
• Vacuum Die Casting
• Squeeze Die Casting
• Others

• Die Casting Market, By Raw Material:

• Aluminum
• Magnesium
• Zinc

• Die Casting Market, By Application:

• Automobile
• Heavy Equipment
• Machine Tools
• Plant Machinery
• Municipal Castings
• Others

• Die Casting Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE