Global Aluminium Die Casting Market Size Analysis Report - Market Share, Forecast Trends and Outlook (2024-2032)

Global Aluminium Die Casting Market Growth

Die casting is a way of metal casting characterised by pressing molten metal into a mould cavity under high pressure. During the process, the mould cavity is formed using two hardened steel tool dies that are machined into shape and work similarly to an injection mould.

Regulations designed to cut greenhouse gas emissions from vehicles focus on enhancing fuel efficiency, which is effectively achieved by reducing vehicle weight. The swift expansion of the global automotive sector is anticipated to drive aluminium die casting market growth. 

Additionally, the ongoing development of infrastructure in India and other Asian nations is projected to significantly increase demand for construction equipment, thereby supporting the growth of the aluminium die casting industry. 

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Global Aluminium Die Casting Market Analysis

The aluminium die casting market dynamics and trends are highlighted its ability to produce high-precision, lightweight, and durable components with excellent surface finishes. It offers cost-efficiency through effective production and minimal waste that supports rapid manufacturing of intricate designs and provides excellent thermal conductivity. 

The process’s versatility across industries, along with its recyclability and reduced environmental impact, enhances sustainability and delivers superior aesthetics with minimal post-processing that contributes to an increase in the aluminium die casting market demand.

Aluminium Die Casting Industry Outlook

According to Airports Council International, international passenger traffic in Africa grew steadily from 29.5 million in 2020 to 123.1 million by 2027. The figures for the intervening years were 42.6 million in 2021, 72.0 million in 2022, 89.3 million in 2023, 99.6 million in 2024, 109.0 million in 2025, and 116.7 million in 2026. Domestic passenger traffic has grown steadily, rising from 42.1 million in 2020 to 129.1 million by 2027. The increase in air-traffic reflects a growing demand for aluminium die-cast components in aeroplanes. This increase is anticipated to boost the aluminium die casting industry revenue, as die-cast aluminium is used in a variety of parts, such as engine housings, covers, and cabin components like frames and panels, due to its exceptional thermal and mechanical properties.

Simultaneously, according to the U.S. Census Bureau, construction spending in the United States grew steadily from January 2018 to January 2024, rising from around USD 1,250 billion to nearly USD 2,100 billion. Private construction spending increased from about USD 1,000 billion in early 2018 to approximately USD 1,600 billion by early 2024. Public construction spending, which began at about USD 300 billion, grew to around USD 400 billion over the same period. Notably, between January 2020 and January 2022, private construction spending significantly boosted, climbing from approximately USD 1,100 billion to USD 1,400 billion. 

Further, according to the Press Information Bureau, India's auto production figures were 22,700,000 units in 2020-21. The subsequent year, 2021-22, saw a rise to 22,290,000 units, reflecting a growth rate of about 0.88%. During 2021-22, the production breakdown showed that two-wheelers were the most significant segment, making up 77% of the total output. Passenger vehicles came next, with a 16% share, followed by commercial vehicles at 4%, and three-wheelers, which represented 3%.  

Simultaneously, Europe's car production experienced a substantial increase in 2023, reaching 14,988,243 units, which is a 12.6% rise from 13,316,033 units in 2022. The European Union played a major role in this growth, with its production reaching 12,126,604 units, up 11.3% from 10,896,821 units the previous year. Turkey also experienced notable growth, producing 960,230 units in 2023—a 19.0% increase from 806,971 units in 2022. The surge in car production drives higher demand for aluminium die-cast components used in engines, transmissions, and structural parts, thus, contributing to the aluminium die casting market revenue.

Manufactures components with precise tolerances and superior surface finishes, which drives growth in the aluminium die casting industry.

• Aluminium parts are lightweight yet strong, ideal for automotive and aerospace industries.
• Efficient production processes and minimal waste reduce overall costs.

Initial setup and tooling costs can be significant.

• High complexity in manufacturing intricate designs can lead to longer lead times.
• Primarily suited for aluminium, limiting versatility compared to other casting methods.

Increased demand for lightweight components boosts opportunities in the aluminium die casting market.

• Expanding infrastructure in emerging markets drives demand for construction equipment.
• Innovations in die-casting technology can improve efficiency and open new applications.

Economic downturns may reduce demand for industrial and automotive components.

• Stricter environmental regulations could impact manufacturing processes and costs.
• High competition from alternative manufacturing methods and global players can pressure margins.

Key Players in the Global Aluminium Die Casting Market and Their Key Initiatives

Walbro

• Expanded production capacity with a new state-of-the-art facility.
• Enhanced secondary operations including heat treatment.

Alcoa Corporation

• Launched EcoSource® non-metallurgical alumina. 
• Increased casting capabilities in Canada to meet the growing demand of the aluminium die casting market. 

Dynacast

• Launched advanced thin-wall aluminium die-casting techniques to capture the aluminium die casting market opportunities.
• Enhanced its global recycling program.

Endurance Technologies Limited

• Acquired Maxwell Energy, entering the advanced electronics business.
• Strengthened European operations by acquiring stakes.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Global Aluminium Die Casting Industry Segmentation

“Global Aluminium Die Casting Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Process Type

• Pressure Die Casting
• Vacuum Die Casting
• Squeeze Die Casting
• Others

Market Breakup by End-Use

• Transportation
• Building and Construction
• Industrial
• Consumer Durables
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Aluminium Die Casting Market Share

Pressure die casting offers high precision, excellent surface finish, and fast production rates, making it ideal for high-volume manufacturing with consistent quality and cost-efficiency. In contrast, vacuum die casting enhances component quality by reducing air bubbles and defects, improving mechanical properties with greater strength and durability. It also reduces waste and facilitates the production of complex geometries with increased precision. Both techniques enhance the efficiency and quality, driving aluminium die casting demand growth.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Leading Companies in the Aluminium Die Casting Market

The companies specialise in bauxite mining, alumina refining, and aluminium production with a focus on innovation and sustainability.

• Walbro 
• Alcoa Corporation 
• Dynacast 
• Endurance Technologies Limited 
• Gibbs