India Metal Casting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032

India Metal Casting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A2611
Buy Now

Market Overview:

The India metal casting market size reached US$ 12,473 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 21,252 Million by 2032, exhibiting a growth rate (CAGR) of 5.8% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 12,473 Million
Market Forecast in 2032
US$ 21,252 Million
Market Growth Rate 2024-2032 5.8%


Metal casting is the process of obtaining a desired geometrical shape by pouring hot liquid metal into a mold that contains a hollow cutout or cavity. This technique is used for the mass production of large and complex components while utilizing alloys with low melting points. Metal casting can be done with non-ferrous metals such as zinc, copper, aluminum, magnesium, lead, pewter, and tin-based alloys. In India, metal casting is extensively used as it is cost-efficient and significantly reduces the amount of wasted scrap metal.

India represents one of the largest metal casting markets in the Asia Pacific region. The market is primarily driven by the rising demand for lightweight vehicles in the country due to the inflating incomes of consumers. The growing automotive industry and rapid urbanization and industrialization have also created a need for construction equipment. This is expected to increase the demand for metal castings across the country. Besides this, rising environmental concerns have prompted manufacturers to introduce electric vehicles as a result of the increasing environmental awareness, which is stimulating the market growth. Moreover, the process of metal casting forms an integral part in the goods and equipment industry to produce a wide variety of home appliances, surgical instruments and critical components for aircraft and automobiles.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India metal casting market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on process, material type, end use, component, vehicle type, electric and hybrid type, and application.

Breakup by Process:

India Metal Casting Market

  • Sand Casting
  • Gravity Casting
  • High-Pressure Die Casting (HPDC)
  • Low-Pressure Die Casting (LPDC)
  • Others
     

Breakup by Material Type:

  • Cast Iron
  • Aluminum
  • Steel
  • Zinc
  • Magnesium
  • Others
     

Breakup by End Use:

  • Automotive and Transportation
  • Equipment and Machine
  • Building and Construction
  • Aerospace and Military
  • Others
     

Automotive and Transportation Market: Breakup by Component:

  • Alloy Wheels
  • Clutch Casing
  • Cylinder Head
  • Cross Car Beam
  • Crank Case
  • Battery Housing
  • Others
     

Automotive and Transportation Market: Breakup by Vehicle Type:

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
     

Automotive and Transportation Market: Breakup by Electric and Hybrid Type:

Automotive and Transportation Market: Breakup by Application:

  • Body Assemblies
  • Engine Parts
  • Transmission Parts
  • Others
     

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Segment Coverage Process, Material Type, End Use, Component, Vehicle Type, Electric and Hybrid Type, Application, Region
Region Covered  North India, West and Central India, South India, East India
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The India metal casting market was valued at US$ 12,473 Million in 2023.

We expect the India metal casting market to exhibit a CAGR of 5.8% during 2024-2032.

The rising consumer awareness towards numerous advantages offered by metal casting, such as improved energy efficiency, lower production costs, enhanced environmental quality, etc., is primarily driving the India metal casting market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the nation, resulting in the temporary closure of numerous end-use industries for metal casting.

Based on the process, the India metal casting market can be categorized into sand casting, gravity casting, High-Pressure Die Casting (HPDC), Low-Pressure Die Casting (LPDC), and others. Currently, sand casting holds the majority of the total market share.

Based on the material type, the India metal casting market has been segmented into cast iron, aluminum, steel, zinc, magnesium, and others. Among these, cast iron currently exhibits a clear dominance in the market.

Based on the end use, the India metal casting market can be bifurcated into automotive and transportation, equipment and machine, building and construction, aerospace and military, and others. Currently, automotive and transportation accounts for the largest market share.

Based on the component, the India automotive and transportation market has been divided into alloy wheels, clutch casing, cylinder head, cross car beam, crank case, battery housing, and others, where alloy wheel currently exhibits a clear dominance in the market.

Based on the vehicle type, the India automotive and transportation market can be categorized into passenger cars, light commercial vehicles, and heavy commercial vehicles. Currently, passenger cars hold the majority of the total market share.

Based on the electric and hybrid type, the India automotive and transportation market has been segregated into Hybrid Electric Vehicles (HEV), Battery Electric Vehicles (BEV), and Plug-In Hybrid Electric Vehicles (PHEV). Among these, Hybrid Electric Vehicles (HEV) currently exhibit a clear dominance in the market. 

Based on the application, the India automotive and transportation market can be bifurcated into body assemblies, engine parts, transmission parts, and others. Currently, body assemblies account for the largest market share.

On a regional level, the market has been classified into North India, West and Central India, South India, and East India.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
India Metal Casting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032
Purchase Options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARATI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More
DEinternational Egypt

IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.

Read More
Gulf Excellent Group

I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested

Read More
FS Corporation Inc.

Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.

Read More
Egyptian Industrial Investment Group

The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.

Read More
Vishnu Chemicals

I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you

Read More
MOUNT EVEREST BREWERIES LIMITED

The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.

Read More
Borges Branded Foods

One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.

Read More
Godrej Consumer Products Limited

We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.

Read More
ADC Therapeutics

The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.

Read More
Ivanti

The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.

Read More
Asiatic Electrical & Switchgear P. Ltd.

The report is excellent and has good amount of data and our team is extremely happy with the information provided.

Read More
Denka Co., Ltd.

Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.

Read More