Manufacturing Components · Direct
Monitoring · monthlyProcurement Category Intelligence
Metal Casting Services
Overview
Market size
$145.0B
global, USD
CAGR
5.2%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
12
3 high severity
Market outlook
2031$186.8B
What changed
Demand by region
Asia Pacific demand50%
Europe demand20%
North America demand20%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
Raw Materials (Scrap metal, pig iron, alloys)45%
Energy and Utilities (Furnace power, heating)25%
Labor (Foundry operations, post-processing)15%
Tooling, Molds, and Consumables10%
Logistics and Freight5%
share of delivered cost (analyst estimate)