유럽 금속 주조 시장 : 지역 분석 - 제품 유형, 프로세스, 용도별 예측(-2030년)

The Europe metal casting market was valued at US$ 27,933.63 million in 2022 and is expected to reach US$ 42,574.85 million by 2030; it is estimated to grow at a CAGR of 5.4% from 2022 to 2030.

Advancements in Casting Technologies Fuels the Europe Metal Casting Market

Industrial machinery enhances the productivity of manufacturing operations and positively impacts industrial competitiveness. According to the Germany Trade & Invest, the machinery & equipment sector was the second largest industry in Germany in 2021. The sector in the country comprises 6,600 companies. The revenue generated by the sector is expected to increase from US$ 243.3 billion in 2021 to US$ 319.2 billion by 2025. According to UCIMU-Sistemi Per Produrre, the production of machine tools, robots, and automation systems reached ~US$ 8 billion in 2022, an increase of 15% compared to 2021. The use of machine tools rose by 26% in 2022 compared to 2021, specifically driven by deliveries to the domestic market.

As per the Parker Hannifin Corporation report, the global market for computer numerically controlled (CNC) machine tools are projected to reach US$ 129 billion by 2026. Industrial machineries perform diverse operations, from material handling, assembly, and welding to finishing and palletizing applications. Metal castings are widely used in the production of bearing housing and machine tool components, and machinery frames and bases. Also, they are used for structural support. Thus, rising demand for industrial machineries propels the growth of the metal casting market across the globe.

Europe Metal Casting Market Overview

The metal casting industry in Europe is highly driven by technological advancements, skilled workforce availability, and adherence to stringent quality regulations. The strong manufacturing base of several industries, such as automotive, original equipment manufacturing, machinery, and aerospace and demand for high-quality metal components drive the metal casting market in the region. According to the Committee of Associations of European Foundries-the European Foundry Association-Europe has more than 6,000 metal casting facilities, of which 70% of companies are small businesses. The production of nonferrous metal castings in terms of volume was dominated by Italy, Germany, and Turkey in 2021. Germany, Turkey, France, Italy, Spain, and Poland accounted for 81.6% of the total production of ferrous metal castings in 2021. In Germany, the output of steel castings rose by 4.2% in 2021 compared to 2020.

Italy, Germany, and Turkey are three major producers of light-metal castings, accounting for 61.2% of total production. In Finland, the production of castings increased by 9% in 2021 compared to 2020. The ferrous and nonferrous metal foundries produced 1.56 million metric tons in 2021 compared to 1.39 million metric tons in 2020. German mechanical companies reported a growth of 32% in 2021 compared to 2020. The construction sector in Germany recorded significant growth and reached US$ 158.55 billion in 2021. Thus, constant developments in construction, mechanical engineering, and metal casting companies in Europe are expected to create lucrative opportunities for the metal casting market in the region over the coming years.

Europe Metal Casting Market Revenue and Forecast to 2030 (US$ Mn)

Europe Metal Casting Market Segmentation

The Europe metal casting market is segmented into product type, process, application, and country.

Based on product type, the Europe metal casting market is segmented into carbon steel alloys, stainless steel alloys, aluminum alloys, grey iron, ductile iron, and others. The grey iron segment held the largest market share in 2022.

Based on process, the Europe metal casting market is divided into sand casting, investment casting, gravity die casting, and others. The sand casting segment held the largest market share in 2022.

Based on application, the Europe metal casting market is segmented into automotive, aerospace, marine, textile, building and construction, oil and gas, industrial machinery, and others. The automotive segment held the largest market share in 2022.

Based on country, the Europe metal casting market is segmented into Germany, France, UK, Italy, Russia, and the Rest of Europe. The Rest of Europe dominated the Europe metal casting market share in 2022.

Alcoa Corp, Allard-Europe NV, ArcelorMittal SA, FONDERIA AUGUSTA Srl, Lucchini RS SpA, MEDEKO CAST Sro, Novacast Ltd, Posco Holdings Inc, RYOBI Aluminium Casting (UK) Ltd, and Tycon Alloy Industries (HongKong) Co Ltd are some of the leading companies operating in the Europe metal casting market.

Table Of Contents

1. Introduction

• 1.1 The Insight Partners Research Report Guidance
• 1.2 Market Segmentation

2. Executive Summary

• 2.1 Key Insights
• 2.2 Market Attractiveness
  • 2.2.1 Market Attractiveness

3. Research Methodology

• 3.1 Coverage
• 3.2 Secondary Research
• 3.3 Primary Research

4. Europe Metal Casting Market Landscape

• 4.1 Overview
• 4.2 Porter's Five Forces Analysis
  • 4.2.1 Bargaining Power of Suppliers
  • 4.2.2 Bargaining Power of Buyers
  • 4.2.3 Threat of New Entrants
  • 4.2.4 Competitive Rivalry
  • 4.2.5 Threat of Substitutes
• 4.3 Ecosystem Analysis
  • 4.3.1 Raw Material Suppliers:
  • 4.3.2 Manufacturers:
  • 4.3.3 Distributors or Suppliers:
  • 4.3.4 End Use Industry:
• 4.4 List of Vendors in the Value Chain

5. Europe Metal Casting Market - Key Market Dynamics

• 5.1 Market Drivers
  • 5.1.1 Growing Automotive and Construction Industry
  • 5.1.2 Rising Demand for Industrial Machineries
• 5.2 Market Restraints
  • 5.2.1 Availability of Metal Casting Alternatives
• 5.3 Market Opportunities
  • 5.3.1 Rising Demand for Lightweight Materials
• 5.4 Future Trends
  • 5.4.1 Advancements in Casting Technologies
• 5.5 Impact Analysis

6. Metal Casting Market - Europe Market Analysis

• 6.1 Europe Metal Casting Market Volume (Kilo Tons)
• 6.2 Europe Metal Casting Market Revenue (US$ Million)
• 6.3 Europe Metal Casting Market Forecast and Analysis

7. Europe Metal Casting Market Analysis - Product Type

• 7.1 Carbon Steel Alloys
  • 7.1.1 Overview
  • 7.1.2 Carbon Steel Alloys Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
• 7.2 Stainless Steel Alloys
  • 7.2.1 Overview
  • 7.2.2 Stainless Steel Alloys Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
• 7.3 Aluminum Alloys
  • 7.3.1 Overview
  • 7.3.2 Aluminum Alloys Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
• 7.4 Grey Iron
  • 7.4.1 Overview
  • 7.4.2 Grey Iron Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
• 7.5 Ductile Iron
  • 7.5.1 Overview
  • 7.5.2 Ductile Iron Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
• 7.6 Others
  • 7.6.1 Overview
  • 7.6.2 Others Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)

8. Europe Metal Casting Market Analysis - Process

• 8.1 Sand Casting
  • 8.1.1 Overview
  • 8.1.2 Sand Casting Market, Revenue and Forecast to 2030 (US$ Million)
• 8.2 Investment Casting
  • 8.2.1 Overview
  • 8.2.2 Investment Casting Market, Revenue and Forecast to 2030 (US$ Million)
• 8.3 Gravity Die Casting
  • 8.3.1 Overview
  • 8.3.2 Gravity Die Casting Market, Revenue and Forecast to 2030 (US$ Million)
• 8.4 Others
  • 8.4.1 Overview
  • 8.4.2 Others Market, Revenue and Forecast to 2030 (US$ Million)

9. Europe Metal Casting Market Analysis - Application

• 9.1 Automotive
  • 9.1.1 Overview
  • 9.1.2 Automotive Market, Revenue, and Forecast to 2030 (US$ Million)
• 9.2 Aerospace
  • 9.2.1 Overview
  • 9.2.2 Aerospace Market Revenue, and Forecast to 2030 (US$ Million)
• 9.3 Marine
  • 9.3.1 Overview
  • 9.3.2 Marine Market Revenue and Forecast to 2030 (US$ Million)
• 9.4 Building and Construction
  • 9.4.1 Overview
  • 9.4.2 Building and Construction Market Revenue and Forecast to 2030 (US$ Million)
• 9.5 Oil and Gas
  • 9.5.1 Overview
  • 9.5.2 Oil and Gas Market Revenue and Forecast to 2030 (US$ Million)
• 9.6 Industrial Machinery
  • 9.6.1 Overview
  • 9.6.2 Industrial Machinery Market Revenue and Forecast to 2030 (US$ Million)
• 9.7 Others
  • 9.7.1 Overview
  • 9.7.2 Others Market Revenue and Forecast to 2030 (US$ Million)

10. Europe Metal Casting Market - Country Analysis

• 10.1 Europe Metal Casting Market Overview
  • 10.1.1 Europe Metal Casting Market Revenue and Forecasts and Analysis - By Countries
    • 10.1.1.1 Europe Metal Casting Market Breakdown by Country
    • 10.1.1.2 Germany: Europe Metal Casting Market Volume and Forecasts to 2030 (Kilo Tons)
    • 10.1.1.3 Germany: Europe Metal Casting Market Revenue and Forecasts to 2030 (US$ Million)
      • 10.1.1.3.1 Germany: Europe Metal Casting Market Breakdown by Product Type
      • 10.1.1.3.2 Germany: Europe Metal Casting Market Breakdown by Product Type
      • 10.1.1.3.3 Germany: Europe Metal Casting Market Breakdown by Process
      • 10.1.1.3.4 Germany: Europe Metal Casting Market Breakdown by Application
    • 10.1.1.4 France: Europe Metal Casting Market Volume and Forecasts to 2030 (Kilo Tons)
    • 10.1.1.5 France: Europe Metal Casting Market Revenue and Forecasts to 2030 (US$ Million)
      • 10.1.1.5.1 France: Europe Metal Casting Market Breakdown by Product Type
      • 10.1.1.5.2 France: Europe Metal Casting Market Breakdown by Product Type
      • 10.1.1.5.3 France: Europe Metal Casting Market Breakdown by Process
      • 10.1.1.5.4 France: Europe Metal Casting Market Breakdown by Application
    • 10.1.1.6 UK: Europe Metal Casting Market Volume and Forecasts to 2030 (Kilo Tons)
    • 10.1.1.7 UK: Europe Metal Casting Market Revenue and Forecasts to 2030 (US$ Million)
      • 10.1.1.7.1 UK: Europe Metal Casting Market Breakdown by Product Type
      • 10.1.1.7.2 UK: Europe Metal Casting Market Breakdown by Product Type
      • 10.1.1.7.3 UK: Europe Metal Casting Market Breakdown by Process
      • 10.1.1.7.4 UK: Europe Metal Casting Market Breakdown by Application
    • 10.1.1.8 Italy: Europe Metal Casting Market Volume and Forecasts to 2030 (Kilo Tons)
    • 10.1.1.9 Italy: Europe Metal Casting Market Revenue and Forecasts to 2030 (US$ Million)
      • 10.1.1.9.1 Italy: Europe Metal Casting Market Breakdown by Product Type
      • 10.1.1.9.2 Italy: Europe Metal Casting Market Breakdown by Product Type
      • 10.1.1.9.3 Italy: Europe Metal Casting Market Breakdown by Process
      • 10.1.1.9.4 Italy: Europe Metal Casting Market Breakdown by Application
    • 10.1.1.10 Russia: Europe Metal Casting Market Volume and Forecasts to 2030 (Kilo Tons)
    • 10.1.1.11 Russia: Europe Metal Casting Market Revenue and Forecasts to 2030 (US$ Million)
      • 10.1.1.11.1 Russia: Europe Metal Casting Market Breakdown by Product Type
      • 10.1.1.11.2 Russia: Europe Metal Casting Market Breakdown by Product Type
      • 10.1.1.11.3 Russia: Europe Metal Casting Market Breakdown by Process
      • 10.1.1.11.4 Russia: Europe Metal Casting Market Breakdown by Application
    • 10.1.1.12 Rest of Europe: Europe Metal Casting Market Volume and Forecasts to 2030 (Kilo Tons)
    • 10.1.1.13 Rest of Europe: Europe Metal Casting Market Revenue and Forecasts to 2030 (US$ Million)
      • 10.1.1.13.1 Rest of Europe: Europe Metal Casting Market Breakdown by Product Type
      • 10.1.1.13.2 Rest of Europe: Europe Metal Casting Market Breakdown by Product Type
      • 10.1.1.13.3 Rest of Europe: Europe Metal Casting Market Breakdown by Process
      • 10.1.1.13.4 Rest of Europe: Europe Metal Casting Market Breakdown by Application

11. Competitive Landscape

• 11.1 Heat Map Analysis By Key Players
• 11.2 Company Positioning & Concentration
• 11.3 Company Profitability Margin

12. Industry Landscape

• 12.1 Overview
• 12.2 Market Initiative
• 12.3 New Product Development
• 12.4 Merger and Acquisition

13. Company Profiles

• 13.1 Lucchini RS SpA
  • 13.1.1 Key Facts
  • 13.1.2 Business Description
  • 13.1.3 Products and Services
  • 13.1.4 Financial Overview
  • 13.1.5 SWOT Analysis
  • 13.1.6 Key Developments
• 13.2 Posco Holdings Inc
  • 13.2.1 Key Facts
  • 13.2.2 Business Description
  • 13.2.3 Products and Services
  • 13.2.4 Financial Overview
  • 13.2.5 SWOT Analysis
  • 13.2.6 Key Developments
• 13.3 ArcelorMittal SA
  • 13.3.1 Key Facts
  • 13.3.2 Business Description
  • 13.3.3 Products and Services
  • 13.3.4 Financial Overview
  • 13.3.5 SWOT Analysis
  • 13.3.6 Key Developments
• 13.4 Alcoa Corp
  • 13.4.1 Key Facts
  • 13.4.2 Business Description
  • 13.4.3 Products and Services
  • 13.4.4 Financial Overview
  • 13.4.5 SWOT Analysis
  • 13.4.6 Key Developments
• 13.5 RYOBI Aluminium Casting (UK) Ltd
  • 13.5.1 Key Facts
  • 13.5.2 Business Description
  • 13.5.3 Products and Services
  • 13.5.4 Financial Overview
  • 13.5.5 SWOT Analysis
  • 13.5.6 Key Developments
• 13.6 Allard-Europe NV
  • 13.6.1 Key Facts
  • 13.6.2 Business Description
  • 13.6.3 Products and Services
  • 13.6.4 Financial Overview
  • 13.6.5 SWOT Analysis
  • 13.6.6 Key Developments
• 13.7 FONDERIA AUGUSTA Srl
  • 13.7.1 Key Facts
  • 13.7.2 Business Description
  • 13.7.3 Products and Services
  • 13.7.4 Financial Overview
  • 13.7.5 SWOT Analysis
  • 13.7.6 Key Developments
• 13.8 MEDEKO CAST Sro
  • 13.8.1 Key Facts
  • 13.8.2 Business Description
  • 13.8.3 Products and Services
  • 13.8.4 Financial Overview
  • 13.8.5 SWOT Analysis
  • 13.8.6 Key Developments
• 13.9 Tycon Alloy Industries (HongKong) Co Ltd
  • 13.9.1 Key Facts
  • 13.9.2 Business Description
  • 13.9.3 Products and Services
  • 13.9.4 Financial Overview
  • 13.9.5 SWOT Analysis
  • 13.9.6 Key Developments
• 13.10 Novacast Ltd
  • 13.10.1 Key Facts
  • 13.10.2 Business Description
  • 13.10.3 Products and Services
  • 13.10.4 Financial Overview
  • 13.10.5 SWOT Analysis
  • 13.10.6 Key Developments

14. Appendix