Global Non-Ferrous Castings Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Aluminum, Copper, Zinc, Magnesium, and Others.

By Application;

Automobiles, Electrical & construction, Industrial machinery, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn850121075 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Non-Ferrous Castings Market (USD Million), 2021 - 2031

In the year 2024, the Global Non-Ferrous Castings Market was valued at USD 10.16 million. The size of this market is expected to increase to USD 15.27 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.

The global non-ferrous castings market plays a pivotal role in various industries, ranging from automotive and aerospace to construction and electronics. Non-ferrous castings refer to components made from metals excluding iron and steel, such as aluminum, copper, zinc, and magnesium. These materials are favored for their lightweight properties, corrosion resistance, and versatility in manufacturing intricate shapes, making them indispensable in modern production processes.

Aluminum castings dominate the non-ferrous segment due to their widespread applications in automotive manufacturing, where they are used extensively in engine blocks, transmission housings, and structural components. The automotive industry's shift towards electric vehicles has further boosted demand for lightweight materials like aluminum, driving growth in the non-ferrous castings market.

Copper and its alloys also play a significant role, particularly in electrical applications where their superior conductivity is essential. The construction sector utilizes copper castings for plumbing fixtures and architectural elements due to their durability and aesthetic appeal. Moreover, advancements in casting technologies have enhanced the efficiency and quality of non-ferrous castings, contributing to their increased adoption across various sectors globally.

Geographically, Asia Pacific holds a prominent position in the non-ferrous castings market, driven by rapid industrialization and infrastructure development in countries like China and India. North America and Europe follow closely, with strong demand from automotive and aerospace industries. As industries continue to prioritize sustainability and efficiency, the non-ferrous castings market is poised for further expansion, driven by ongoing technological innovations and evolving consumer preferences.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Non-Ferrous Castings Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Lightweight Properties
        2. Automotive Industry Demand
        3. Corrosion Resistance
        4. Technological Advancements
      2. Restraints
        1. High Material Costs
        2. Environmental Regulations
        3. Supply Chain Disruptions
        4. Intensive Energy Usage
      3. Opportunities
        1. Electric Vehicles
        2. Aerospace Applications
        3. Emerging Economies
        4. Sustainable Practices
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Non-Ferrous Castings Market, By Type, 2021 - 2031 (USD Million)
      1. Aluminum
      2. Copper
      3. Zinc
      4. Magnesium
      5. Others
    2. Global Non-Ferrous Castings Market, By Application, 2021 - 2031 (USD Million)
      1. Automobiles
      2. Electrical & construction
      3. Industrial machinery
      4. Others
    3. Global Non-Ferrous Castings Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Alcoa Corp
      2. Berkshire Hathaway Inc.
      3. Form Technologies
      4. Georg Fischer Ltd.
      5. Hitachi Metals Ltd.
      6. MAGMA Giessereitechnologie GmbH
      7. Minerals Technologies Inc.
      8. Schuler AG
      9. voestalpine AG
  7. Analyst Views
  8. Future Outlook of the Market