1. Market Research
  2. > Manufacturing
  3. > Metal Manufacturing Market Trends
Die Casting Market - Growth, Trends, COVID-19 Impact, and Forecast (2021 - 2026)

Die Casting Market - Growth, Trends, COVID-19 Impact, and Forecast (2021 - 2026)

  • September 2021
  • 162 pages
  • ID: 6155672
  • Format: PDF
  • Mordor Intelligence LLP


Table of Contents

Search Inside

The Die Casting market was valued at USD 57.12 billion in 2020 and is anticipated to reach USD 81.48 billion by 2026, by registering a CAGR of about 5.92% during the forecast period.

The COVID-19 pandemic had a profound impact on manufacturing operations and the market witnessed a slowdown due to supply chain disruptions and trade restrictions worldwide. However, as economic activities resume across the world, the market is expected to witness steady growth over the forecast period.

Expanding automotive market, increasing penetration of die casting parts in industrial machinery, the growing constructional sector, and growing deployment of aluminum casts in the electrical and electronics industry anticipated to propel demand in the market during the forecast period. The CAFÉ standards and EPA policies to cut down automobile emissions and increase fuel efficiency are driving the automakers to reduce weight of the automobile by employing lightweight non-ferrous metals.

Subsequently, employing die-cast parts as a weight reduction strategy is acting as a major driver for the former market in automotive segment. However, crunch in raw material supply, volatility in raw material prices, and environmental regulations on emission for the metallurgy industries are acting as major barriers for the market growth.

Asia-Pacific region anticipated to hold largest market share in the die casting market due to rise in the demand for automobiles in countries such as China and India, and rise in the use of aluminium die casting for various application in this region. North America also expected to witness significant growth in aluminum die casting market due to growing output from construction and automotive sector in this region.

Key Market Trends

Aluminum Anticipated to Play Key role in Die Casting Process

Currently, nearly 30-35% of the auto components in a vehicle are made of aluminum alloys, which are mostly developed using high pressure die casting process. The demand for high-pressure aluminum die casting parts has increased across numerous industrial applications over the past years, as the process manufactures lightweight parts and provides high flexibility for complex shapes.

The rise in technological advancements and innovation anticipated to propel the adoption of high-strength and lightweight castings, specifically in the auto sector, offering manufacturers new opportunities in adopting aluminum for die casting parts. In addition, key players in the market have already started focusing on capturing growing market share in the region. For instance,

In March 2021, SandharTechnologies has entered a Memorandum of Understanding with Unicast Autotech to acquire its AluminiumDie Casting Business.

Moreover, a rise in the replacement of iron and steel with aluminum in the automobiles sector and rise in the investment in automobile and infrastructure sectors are expected to further propel the market. The growth of the aluminum die casting market is likely to improve during the forecast period to meet the increasing demand for lightweight components and high conductivity metal parts from the automotive and non-automotive sectors.

Asia-Pacific Region Likely to Witness Significant Growth

Asia-Pacific region anticipated to hold largest market share in the die casting market during the forecast period. Growing automobile industry, demand from the industrial sector, and increased scope of application in windmills and telecommunications expected to drive the die casting market at a faster pace in the Asia Pacific region. Cheaper labor and low manufacturing costs in India and China expected to further accelerate the market growth in the Asia-Pacific region.

Some of the technologically active countries like India, China, and Japan anticipated to play key role in the overall development of die casting market during the forecast period. Chinese manufacture sector is growing very fast and is poised to make its dent in the international trade arena. India is consolidating its position with strong domestic and external demand for high-quality die-cast components at lower prices.

Additionally, the government’s initiatives in the region with focus to increase the usage of electric transportation anticipated to propel the demand for die-cast parts in the country during the forecast period. All these factors together are driving the market for die casting parts market in the Asia-Pacific region.

Competitive Landscape

The Die Casting market is a moderately consolidated market owing to the presence of large number of global and local players in the market. key players in the market are focusing on expanding their presence globally through various mergers, partnerships, joint ventures, and acquisitions. For instance,

In April 2020, Endurance Technologies has acquired a controlling equity stake of 99% in Adler SpA, based out of Trentino, Italy. The acquisition is expected to improve the company’s reach across Europe, with the aid of ten manufacturing plants combined in Italy and Germany.
In January 2019, Alcoa Corporation announced launch of the new Alcoa Alloys for high-pressure die casting. The company announced that this alloy will be extensively used for manufacturing electric vehicle parts. The alloys demonstrated average elongation of 9-11%, average tensile strength of 265-280 Mpa, and average yield strength of 150-170 MPa in the cast state.

Additional Benefits:

The market estimate (ME) sheet in Excel format
3 months of analyst support

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers


Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on