In 2023, the turnover in the casting of non-ferrous metals sector in Germany stood at a provisional value of 8.38 billion euros. From 2024 onwards, forecasts project a steady annual growth. By 2028, values are expected to reach 9.27 billion euros. This translates into a consistent year-on-year growth ranging from approximately 2% to 2.7%. The compound annual growth rate over the forecast period from 2024 to 2028 is about 2.5%.
Future trends to watch for in this sector may include advancements in sustainable metal casting technologies, shifts in demand due to green energy initiatives, and the impact of geopolitical developments on raw material supply chains. Additionally, fluctuations in global metal prices and environmental regulations could also play significant roles in shaping the market dynamics.
