Global Non-ferrous Castings Market 2024-2028

Non-ferrous Castings Market 2024-2028


The non-ferrous castings market is forecasted to grow by USD 21.38 bn during 2023-2028, accelerating at a CAGR of 7.44% during the forecast period. The report on the non-ferrous castings market 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 increased simulation-based castings, rise in demand for aluminum, and technological advancements in non-ferrous castings.

Technavio's non-ferrous castings market is segmented as below:

By Type
  • Aluminum
  • Copper
  • Zinc
  • Magnesium
  • Others
By Application
  • Automobiles
  • Electrical and construction
  • Industrial machinery
  • Others
By Geographical Landscape
  • APAC
  • North America
  • Europe
  • Middle East and Africa
  • South America
This study identifies the shift from ferrous to non-ferrous casting as one of the prime reasons driving the non-ferrous castings market growth during the next few years. Also, increasing adoption of industry 4.0 and smart manufacturing and increasing demand for magnesium casting will lead to sizable demand in the market.

The report on the non-ferrous castings market covers the following areas:
  • Non-ferrous castings market sizing
  • Non-ferrous castings market forecast
  • Non-ferrous castings market 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 non-ferrous castings market vendors that include Alcast Co., Alcast Technologies Ltd., CAB Worldwide LLC, Elecon Engineering Co. Ltd., FSE Foundry Ltd., Georg Fischer Ltd., Inova Cast Pvt. Ltd., Kovolit a.s., Leitelt Brothers Inc., Meena Cast Pvt. Ltd., MRT Castings Ltd., Nap Engineering Works, Patriot Foundry and Castings, Rukmani Non- Ferrous Industries, Spectra Cast Pvt. Ltd., Toyota Motor Corp., Vellan Global Engineering, Vesuvius Plc, Voestalpine AG, and Warner Brothers Foundry Co.. Also, the non-ferrous castings market 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 Global Market Characteristics
      • Table Executive Summary - Chart on Market by Geography
      • Table Executive Summary - Chart on Market Segmentation by Type
      • Table Executive Summary - Chart on Market Segmentation by Application
      • Table Executive Summary - Chart on Incremental Growth
      • Table Executive Summary - Data Table on Incremental Growth
      • 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 Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global non-ferrous castings market 2018 - 2022
      • Table Historic Market Size - Data Table on global non-ferrous castings market 2018 - 2022 ($ million)
    • Type Segment Analysis 2018 - 2022
      • Table Historic Market Size - Type Segment 2018 - 2022 ($ million)
    • Application Segment Analysis 2018 - 2022
      • Table Historic Market Size - Application Segment 2018 - 2022 ($ million)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size - Geography Segment 2018 - 2022 ($ million)
    • Country Segment Analysis 2018 - 2022
      • Table Historic Market Size - Country 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 Type
    • Market segments
      • Table Chart on Type - Market share 2023-2028 (%)
      • Table Data Table on Type - Market share 2023-2028 (%)
    • Comparison by Type
      • Table Chart on Comparison by Type
      • Table Data Table on Comparison by Type
    • Aluminum - Market size and forecast 2023-2028
      • Table Chart on Aluminum - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Aluminum - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Aluminum - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Aluminum - Year-over-year growth 2023-2028 (%)
    • Copper - Market size and forecast 2023-2028
      • Table Chart on Copper - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Copper - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Copper - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Copper - Year-over-year growth 2023-2028 (%)
    • Zinc - Market size and forecast 2023-2028
      • Table Chart on Zinc - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Zinc - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Zinc - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Zinc - Year-over-year growth 2023-2028 (%)
    • Magnesium - Market size and forecast 2023-2028
      • Table Chart on Magnesium - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Magnesium - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Magnesium - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Magnesium - 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 Type
      • Table Market opportunity by Type ($ million)
      • Table Data Table on Market opportunity by Type ($ 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
    • Automobiles - Market size and forecast 2023-2028
      • Table Chart on Automobiles - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Automobiles - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Automobiles - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Automobiles - Year-over-year growth 2023-2028 (%)
    • Electrical and construction - Market size and forecast 2023-2028
      • Table Chart on Electrical and construction - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Electrical and construction - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Electrical and construction - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Electrical and construction - Year-over-year growth 2023-2028 (%)
    • Industrial machinery - Market size and forecast 2023- 2028
      • Table Chart on Industrial machinery - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Industrial machinery - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Industrial machinery - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Industrial machinery - 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
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2023-2028 (%)
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2023-2028
      • Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • North America - Market size and forecast 2023-2028
      • Table Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on North America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023- 2028
      • Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on South America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Chart on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Chart on China - Year-over-year growth 2023-2028 (%)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • Japan - Market size and forecast 2023-2028
      • Table Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Chart on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Chart on US - Year-over-year growth 2023-2028 (%)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • India - Market size and forecast 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 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increased simulation-based castings
      • Rise in demand for aluminum
      • Technological advancements in non-ferrous castings
    • Market challenges
      • Concerns related to maintaining quality control and defects
      • Need for high initial investment
      • Replacement of metals by plastics
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Shift from ferrous to non-ferrous casting
      • Increasing adoption of industry 4.0 and smart manufacturing
      • Increasing demand for magnesium casting
  • 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
    • Alcast Co.
      • Table Alcast Co. - Overview
      • Table Alcast Co. - Product / Service
      • Table Alcast Co. - Key offerings
    • Alcast Technologies Ltd.
      • Table Alcast Technologies Ltd. - Overview
      • Table Alcast Technologies Ltd. - Product / Service
      • Table Alcast Technologies Ltd. - Key offerings
    • CAB Worldwide LLC
      • Table CAB Worldwide LLC - Overview
      • Table CAB Worldwide LLC - Product / Service
      • Table CAB Worldwide LLC - Key offerings
    • Elecon Engineering Co. Ltd.
      • Table Elecon Engineering Co. Ltd. - Overview
      • Table Elecon Engineering Co. Ltd. - Business segments
      • Table Elecon Engineering Co. Ltd. - Key offerings
      • Table Elecon Engineering Co. Ltd. - Segment focus
    • FSE Foundry Ltd.
      • Table FSE Foundry Ltd. - Overview
      • Table FSE Foundry Ltd. - Product / Service
      • Table FSE Foundry Ltd. - Key offerings
    • Georg Fischer Ltd.
      • Table Georg Fischer Ltd. - Overview
      • Table Georg Fischer Ltd. - Business segments
      • Table Georg Fischer Ltd. - Key offerings
      • Table Georg Fischer Ltd. - Segment focus
    • Inova Cast Pvt. Ltd.
      • Table Inova Cast Pvt. Ltd. - Overview
      • Table Inova Cast Pvt. Ltd. - Product / Service
      • Table Inova Cast Pvt. Ltd. - Key offerings
    • MRT Castings Ltd.
      • Table MRT Castings Ltd. - Overview
      • Table MRT Castings Ltd. - Product / Service
      • Table MRT Castings Ltd. - Key offerings
    • Nap Engineering Works
      • Table Nap Engineering Works - Overview
      • Table Nap Engineering Works - Product / Service
      • Table Nap Engineering Works - Key offerings
    • Patriot Foundry and Castings
      • Table Patriot Foundry and Castings - Overview
      • Table Patriot Foundry and Castings - Product / Service
      • Table Patriot Foundry and Castings - Key offerings
    • Spectra Cast Pvt. Ltd.
      • Table Spectra Cast Pvt. Ltd. - Overview
      • Table Spectra Cast Pvt. Ltd. - Product / Service
      • Table Spectra Cast Pvt. Ltd. - Key offerings
    • Toyota Motor Corp.
      • Table Toyota Motor Corp. - Overview
      • Table Toyota Motor Corp. - Business segments
      • Table Toyota Motor Corp. - Key offerings
      • Table Toyota Motor Corp. - Segment focus
    • Vellan Global Engineering
      • Table Vellan Global Engineering - Overview
      • Table Vellan Global Engineering - Product / Service
      • Table Vellan Global Engineering - Key offerings
    • Vesuvius Plc
      • Table Vesuvius Plc - Overview
      • Table Vesuvius Plc - Business segments
      • Table Vesuvius Plc - Key offerings
      • Table Vesuvius Plc - Segment focus
    • Voestalpine AG
      • Table Voestalpine AG - Overview
      • Table Voestalpine AG - Business segments
      • Table Voestalpine AG - Key offerings
      • Table Voestalpine AG - Segment focus
  • 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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