Article

Castings Market Overview

Castings Market Overview
Table of Contents — 3 sections
  1. What Are Castings?
  2. Castings Market Trends in 2017
  3. Materials and Production Outlook

What Are Castings?

Castings are metal parts formed by pouring molten material into a mold, where it solidifies into a desired shape. This process is widely used in automotive, aerospace, construction, and energy industries to produce complex components efficiently.

In 2017, the global castings market showed moderate growth, driven by rising demand from automotive and infrastructure sectors. Increased vehicle production, especially in Asia, boosted demand for lightweight and high-strength cast components. Investment in renewable energy and grid infrastructure also supported casting output.

Materials and Production Outlook

Steel, aluminum, and iron remained the dominant casting materials in 2017. Manufacturers focused on improving yield rates, reducing waste, and adopting advanced simulation tools to enhance quality. For detailed market data, see the World Steel Association statistics page at https://www.worldsteel.org/statistics/.

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