Aluminium Casting Market in India 2024-2028

Aluminium Casting Market In India 2024-2028


The aluminium casting market in India is forecasted to grow by USD 7.15 bn during 2023-2028, accelerating at a CAGR of 8.5% during the forecast period. The report on the aluminium casting market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing use of aluminum casting in automotive industry, stringent regulations for environmental protection, and increasing use of lightweight and high-performance materials.

Technavio's aluminium casting market in India is segmented as below:

By Method
  • Die casting
  • Permanent mold casting
  • Others
By Application
  • Automotive
  • Heavy machinery and industrial
  • Aerospace and defense
  • Construction
  • Others
This study identifies the growing importance of secondary aluminum casting as one of the prime reasons driving the aluminium casting market in India growth during the next few years. Also, rising aluminum material innovations and aluminum alloy development and growing adoption of aluminum casting in wind energy generation will lead to sizable demand in the market.

The report on the aluminium casting market in India covers the following areas:
  • Aluminium casting market in India sizing
  • Aluminium casting market in India forecast
  • Aluminium casting market in India industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aluminium casting market in India vendors that include Buhler AG, Endurance Technologies Ltd., Form Technologies, Hero Group, IBEX ENGINEERING PVT. LTD., Jaya Hind Industries, Magna International Inc., Minda Corp. Ltd., NEMAK SAB de CV, Rheinmetall AG, Rico Auto Industries Ltd., Samvardhana Motherson International Ltd., Sandhar Technologies Ltd, Sipra Engineers, Sundaram Clayton Ltd., Tattvan Alumicast Pvt. Ltd., and VAF Def Aero Systems Pvt. Ltd.. Also, the aluminium casting market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Country Market Characteristics
      • Table Executive Summary – Chart on Market Segmentation by Method
      • Table Executive Summary – Chart on Market Segmentation by Application
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on India - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on India - Market size and forecast 2023-2028 ($ million)
      • Table Chart on India: Year-over-year growth 2023-2028 (%)
      • Table Data Table on India: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Aluminum casting market in India 2018 - 2022
      • Table Historic Market Size – Data Table on aluminum casting market in India 2018 - 2022 ($
    • Method Segment Analysis 2018 - 2022
      • Table Historic Market Size – Method Segment 2018 - 2022 ($ million)
    • Application Segment Analysis 2018 - 2022
      • Table Historic Market Size – Application Segment 2018 - 2022 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by Method
    • Market segments
      • Table Chart on Method - Market share 2023-2028 (%)
      • Table Data Table on Method - Market share 2023-2028 (%)
    • Comparison by Method
      • Table Chart on Comparison by Method
      • Table Data Table on Comparison by Method
    • Die casting - Market size and forecast 2023-2028
      • Table Chart on Die casting - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Die casting - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Die casting - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Die casting - Year-over-year growth 2023-2028 (%)
    • Permanent mold casting - Market size and forecast 2023-2028
      • Table Chart on Permanent mold casting - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Permanent mold casting - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Permanent mold casting - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Permanent mold casting - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Others - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Method
      • Table Market opportunity by Method ($ million)
      • Table Data Table on Market opportunity by Method ($ million)
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2023-2028 (%)
      • Table Data Table on Application - Market share 2023-2028 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Automotive - Market size and forecast 2023-2028
      • Table Chart on Automotive - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Automotive - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Automotive - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Automotive - Year-over-year growth 2023-2028 (%)
    • Heavy machinery and industrial - Market size and forecast 2023-2028
      • Table Chart on Heavy machinery and industrial - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Heavy machinery and industrial - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Heavy machinery and industrial - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Heavy machinery and industrial - Year-over-year growth 2023-2028 (%)
    • Aerospace and defense - Market size and forecast 2023- 2028
      • Table Chart on Aerospace and defense - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Aerospace and defense - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Aerospace and defense - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Aerospace and defense - Year-over-year growth 2023-2028 (%)
    • Construction - Market size and forecast 2023-2028
      • Table Chart on Construction - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Construction - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Construction - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Construction - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Others - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ million)
      • Table Data Table on Market opportunity by Application ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Drivers, Challenges, and Trends
    • Market drivers
      • Growing use of aluminum casting in automotive industry
      • Stringent regulations for environmental protection
      • Increasing use of lightweight and high-performance materials
    • Market challenges
      • Volatility in aluminum casting raw material prices
      • High design complexity of tooling in aluminum casting
      • Rising usage of advanced steels in automotive body parts
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Growing importance of secondary aluminum casting
      • Rising aluminum material innovations and aluminum alloy development
      • Growing adoption of aluminum casting in wind energy generation
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Buhler AG
      • Table Buhler AG - Overview
      • Table Buhler AG - Business segments
      • Table Buhler AG - Key offerings
      • Table Buhler AG - Segment focus
    • Endurance Technologies Ltd.
      • Table Endurance Technologies Ltd. - Overview
      • Table Endurance Technologies Ltd. - Product / Service
      • Table Endurance Technologies Ltd. - Key offerings
    • Form Technologies
      • Table Form Technologies - Overview
      • Table Form Technologies - Product / Service
      • Table Form Technologies - Key offerings
    • Hero Group
      • Table Hero Group - Overview
      • Table Hero Group - Product / Service
      • Table Hero Group - Key offerings
    • IBEX ENGINEERING PVT. LTD.
      • Table IBEX ENGINEERING PVT. LTD. - Overview
      • Table IBEX ENGINEERING PVT. LTD. - Product / Service
      • Table IBEX ENGINEERING PVT. LTD. - Key offerings
    • Magna International Inc.
      • Table Magna International Inc. - Overview
      • Table Magna International Inc. - Business segments
      • Table Magna International Inc. - Key news
      • Table Magna International Inc. - Key offerings
      • Table Magna International Inc. - Segment focus
    • Minda Corp. Ltd.
      • Table Minda Corp. Ltd. - Overview
      • Table Minda Corp. Ltd. - Product / Service
      • Table Minda Corp. Ltd. - Key offerings
    • NEMAK SAB de CV
      • Table NEMAK SAB de CV - Overview
      • Table NEMAK SAB de CV - Business segments
      • Table NEMAK SAB de CV - Key offerings
      • Table NEMAK SAB de CV - Segment focus
    • Rheinmetall AG
      • Table Rheinmetall AG - Overview
      • Table Rheinmetall AG - Business segments
      • Table Rheinmetall AG - Key news
      • Table Rheinmetall AG - Key offerings
      • Table Rheinmetall AG - Segment focus
    • Rico Auto Industries Ltd.
      • Table Rico Auto Industries Ltd. - Overview
      • Table Rico Auto Industries Ltd. - Product / Service
      • Table Rico Auto Industries Ltd. - Key offerings
    • Samvardhana Motherson International Ltd.
      • Table Samvardhana Motherson International Ltd. - Overview
      • Table Samvardhana Motherson International Ltd. - Business segments
      • Table Samvardhana Motherson International Ltd. - Key offerings
      • Table Samvardhana Motherson International Ltd. - Segment focus
    • Sandhar Technologies Ltd
      • Table Sandhar Technologies Ltd - Overview
      • Table Sandhar Technologies Ltd - Product / Service
      • Table Sandhar Technologies Ltd - Key offerings
    • Sipra Engineers
      • Table Sipra Engineers - Overview
      • Table Sipra Engineers - Product / Service
      • Table Sipra Engineers - Key offerings
    • Sundaram Clayton Ltd.
      • Table Sundaram Clayton Ltd. - Overview
      • Table Sundaram Clayton Ltd. - Product / Service
      • Table Sundaram Clayton Ltd. - Key offerings
    • VAF Def Aero Systems Pvt. Ltd.
      • Table VAF Def Aero Systems Pvt. Ltd. - Overview
      • Table VAF Def Aero Systems Pvt. Ltd. - Product / Service
      • Table VAF Def Aero Systems Pvt. Ltd. - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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