Global Precision Casting Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Precision Casting Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Precision casting is a lost wax casting process. It is also called investment casting, which is widely used for producing ferrous and nonferrous metal casting. The lost wax method of Precision casting is suitable for producing castings with complex shapes and high dimensional accuracy. Precision casting has excellent surface finish and dimensional accuracy. Its product has net shape or near net shape. And it can be suitable for low quantity request order. Additionally, in both design and material choice of castings, Precision castings has a huge freedom. It allows many types of steel or alloy steel for investment. So on casting market, Precision casting is the highest quality castings .

According to our (Global Info Research) latest study, the global Precision Casting market size was valued at US$ 16660 million in 2023 and is forecast to a readjusted size of USD 21720 million by 2030 with a CAGR of 3.9% during review period.

In 2019, in term of volume, the global Precision Casting market is led by North America, capturing about 40% of global Precision Casting consumption.

Globally, the Precision Casting market is mainly driven by growing demand for aerospace which accounts for over 40% of total downstream consumption value of Precision Casting in global.

Water Glass Investment Casting account for a share of 75% in 2019.

This report is a detailed and comprehensive analysis for global Precision Casting market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Precision Casting market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2019-2030

Global Precision Casting market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2019-2030

Global Precision Casting market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2019-2030

Global Precision Casting market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (US$/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Precision Casting

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Precision Casting market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Arconic, PCC (Precision Castparts), CPP (Selmet), Zollern, Impro Precision Industries, Hitchiner, Shanxi Huaxiang Group Co, Ltd, Dongfeng Investment Casting, Gaona Aero Material, Liancheng Precision, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Precision Casting market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Silica Sol Investment Casting
Water Glass Investment Casting
Others

Market segment by Application
Automobile
Aerospace
Medical
Construction Machinery
Otherss

Major players covered
Arconic
PCC (Precision Castparts)
CPP (Selmet)
Zollern
Impro Precision Industries
Hitchiner
Shanxi Huaxiang Group Co, Ltd
Dongfeng Investment Casting
Gaona Aero Material
Liancheng Precision
Anhui Yingliu
Dongying Giayoung
Ginho Precision Manufacturing
Dalian Hayashi Lost-Wax Industries Co..Ltd
Libo Auto Parts Precision Casting
Ningbo Jiwei Melt Mould Castings
Taizhou Xinyu
Suvast
Henan Wanlong Precision Casting Corp.

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Precision Casting product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Precision Casting, with price, sales quantity, revenue, and global market share of Precision Casting from 2019 to 2024.

Chapter 3, the Precision Casting competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Precision Casting breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Precision Casting market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Precision Casting.

Chapter 14 and 15, to describe Precision Casting sales channel, distributors, customers, research findings and conclusion.