Casting Mold Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application
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Introduction
The casting mold industry is a critical enabler of precision manufacturing, producing molds for automotive, aerospace, and industrial components. Dominated by China, the U.S., Japan, Germany, South Korea, and Italy, which collectively hold the lion’s share of global mold output, the sector thrives on high-precision and composite mold development. China leads as the world’s top producer, surpassing the combined output of the next nine largest manufacturers, while Japan, the U.S., and Germany excel in high-end markets due to superior design and technology. Global manufacturing output rose to USD 16,182.04 billion in 2023, up 0.96% from 2022, reflecting steady industrial demand. The industry faces shifting dynamics, with initiatives like Trump’s push for U.S. manufacturing resurgence aiming to reclaim global leadership.
Market Size and Growth Forecast
The casting mold market is expected to reach USD 90-100 billion by 2025, with a CAGR of 4%-5% through 2030, fueled by industrial expansion and technological advancements in mold precision.
Regional Analysis
Asia Pacific, led by China, expects growth of 4.5%-5.5%, driven by manufacturing dominance, with trends favoring automation. North America anticipates growth of 3.5%-4.5%, with the U.S. focusing on reshoring and aerospace demand. Europe, notably Germany, projects growth of 3%-4%, tied to automotive and industrial precision. Japan expects growth of 3.5%-4.5%, emphasizing high-tech molds. South Korea anticipates growth of 4%-5%, driven by electronics and automotive sectors.
Application Analysis
Automotive: Projected at 4%-5%, dominates due to vehicle production, with trends toward lightweight molds.
Rail: Expected at 3%-4%, tied to infrastructure, with steady growth.
Shipbuilding: Anticipated at 3.5%-4.5%, driven by marine demand.
Agricultural Equipment: Projected at 3%-4%, with niche growth in machinery.
Machine Tool: Expected at 3.5%-4.5%, tied to industrial tools.
Motorcycles: Anticipated at 3%-4%, with stable demand.
Aerospace: Projected at 4.5%-5.5%, growing with precision needs.
Communications: Expected at 3%-4%, linked to electronics.
Others: Anticipated at 2.5%-3.5%, including diverse uses.
Key Market Players
Gibbs Die Casting: A U.S. firm, it specializes in automotive molds.
Tianjin Motor Dies Co. Ltd.: A Chinese leader, it serves vehicle manufacturing.
Consolidated Metco: A U.S. company, it focuses on heavy-duty molds.
Dynacast: A global player, it excels in precision casting.
Ryobi Limited: A Japanese firm, it targets automotive and industrial molds.
Wuxi Mingteng: A Chinese company, it supports regional manufacturing.
Ningbo Heli Technology Co. Ltd.: A Chinese firm, it focuses on high-quality molds.
Ningbo Qiangsheng Machinery & Mould Co. Ltd.: A Chinese player, it serves diverse sectors.
Wuxi Zhongxin Mould Tech Co. Ltd.: A Chinese company, it emphasizes precision.
Ningbo Xinlin Mould Technology Co. Ltd.: A Chinese firm, it caters to industrial needs.
Porter’s Five Forces Analysis
●Threat of New Entrants: Moderate. Technical expertise limits entry, but demand attracts players.
●Threat of Substitutes: Low. Casting molds remain essential for precision.
●Bargaining Power of Buyers: Moderate. Diverse buyers balance supplier power.
●Bargaining Power of Suppliers: Moderate. Specialized materials give suppliers leverage.
●Competitive Rivalry: High. Firms compete on technology and precision.
Market Opportunities and Challenges
Opportunities
●Automotive Growth: EV production boosts mold demand.
●Aerospace Expansion: Precision needs drive growth.
●Automation Trends: Smart molds enhance efficiency.
●Emerging Markets: Asia offers untapped potential.
●Policy Support: Manufacturing reshoring aids demand.
Challenges
●Technological Barriers: High-end mold development is complex.
●Cost Pressures: Rising material prices impact profitability.
●Competition: China’s dominance challenges others.
●Skilled Labor Shortage: Precision manufacturing requires expertise.
●Trade Policies: Tariffs and reshoring disrupt supply chains.
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Casting Mold Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of Casting Mold by Region
8.2 Import of Casting Mold by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast Casting Mold Market in North America (2020-2030)
9.1 Casting Mold Market Size
9.2 Casting Mold Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast Casting Mold Market in South America (2020-2030)
10.1 Casting Mold Market Size
10.2 Casting Mold Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast Casting Mold Market in Asia & Pacific (2020-2030)
11.1 Casting Mold Market Size
11.2 Casting Mold Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 Asean
11.5.6 Australia
Chapter 12 Historical and Forecast Casting Mold Market in Europe (2020-2030)
12.1 Casting Mold Market Size
12.2 Casting Mold Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast Casting Mold Market in MEA (2020-2030)
13.1 Casting Mold Market Size
13.2 Casting Mold Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
13.5.3 South Africa
13.5.4 Gulf Cooperation Council Countries
13.5.5 Turkey
Chapter 14 Summary For Global Casting Mold Market (2020-2030)
14.1 Casting Mold Market Size
14.2 Casting Mold Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global Casting Mold Market Forecast (2021-2026)
15.1 Casting Mold Market Size Forecast
15.2 Casting Mold Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
15.1 Gibbs Die Casting
15.1.1 Company Profile
15.1.2 Main Business and Casting Mold Information
15.1.3 SWOT Analysis of Gibbs Die Casting
15.1.4 Gibbs Die Casting Casting Mold Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 Tianjin Motor Dies Co. Ltd.
15.2.1 Company Profile
15.2.2 Main Business and Casting Mold Information
15.2.3 SWOT Analysis of Tianjin Motor Dies Co. Ltd.
15.2.4 Tianjin Motor Dies Co. Ltd. Casting Mold Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 Consolidated Metco
15.3.1 Company Profile
15.3.2 Main Business and Casting Mold Information
15.3.3 SWOT Analysis of Consolidated Metco
15.3.4 Consolidated Metco Casting Mold Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 Dynacast
15.4.1 Company Profile
15.4.2 Main Business and Casting Mold Information
15.4.3 SWOT Analysis of Dynacast
15.4.4 Dynacast Casting Mold Sales, Revenue, Price and Gross Margin (2020-2025)
15.5 Ryobi Limited
15.5.1 Company Profile
15.5.2 Main Business and Casting Mold Information
15.5.3 SWOT Analysis of Ryobi Limited
15.5.4 Ryobi Limited Casting Mold Sales, Revenue, Price and Gross Margin (2020-2025)
15.6 Wuxi Mingteng
15.6.1 Company Profile
15.6.2 Main Business and Casting Mold Information
15.6.3 SWOT Analysis of Wuxi Mingteng
15.6.4 Wuxi Mingteng Casting Mold Sales, Revenue, Price and Gross Margin (2020-2025)
15.7 Ningbo Heli Technology Co. Ltd.
15.7.1 Company Profile
15.7.2 Main Business and Casting Mold Information
15.7.3 SWOT Analysis of Ningbo Heli Technology Co. Ltd.
15.7.4 Ningbo Heli Technology Co. Ltd. Casting Mold Sales, Revenue, Price and Gross Margin (2020-2025)
15.8 Ningbo Qiangsheng Machinery & Mould Co. Ltd.
15.8.1 Company Profile
15.8.2 Main Business and Casting Mold Information
15.8.3 SWOT Analysis of Ningbo Qiangsheng Machinery & Mould Co. Ltd.
15.8.4 Ningbo Qiangsheng Machinery & Mould Co. Ltd. Casting Mold Sales, Revenue, Price and Gross Margin (2020-2025)
15.9 Wuxi Zhongxin Mould Tech Co. Ltd.
15.9.1 Company Profile
15.9.2 Main Business and Casting Mold Information
15.9.3 SWOT Analysis of Wuxi Zhongxin Mould Tech Co. Ltd.
15.9.4 Wuxi Zhongxin Mould Tech Co. Ltd. Casting Mold Sales, Revenue, Price and Gross Margin (2020-2025)
15.10 Ningbo Xinlin Mould Technology Co. Ltd.
15.10.1 Company Profile
15.10.2 Main Business and Casting Mold Information
15.10.3 SWOT Analysis of Ningbo Xinlin Mould Technology Co. Ltd.
15.10.4 Ningbo Xinlin Mould Technology Co. Ltd. Casting Mold Sales, Revenue, Price and Gross Margin (2020-2025)
Please ask for sample pages for full companies list
Table Research Scope Of Casting Mold Report
Table Data Sources Of Casting Mold Report
Table Major Assumptions Of Casting Mold Report
Table Casting Mold Classification
Table Casting Mold Applications List
Table Drivers Of Casting Mold Market
Table Restraints Of Casting Mold Market
Table Opportunities Of Casting Mold Market
Table Threats Of Casting Mold Market
Table Raw Materials Suppliers List
Table Different Production Methods Of Casting Mold
Table Cost Structure Analysis Of Casting Mold
Table Key End Users List
Table Latest News Of Casting Mold Market
Table Merger And Acquisition List
Table Planned/Future Project Of Casting Mold Market
Table Policy Of Casting Mold Market
Table 2020-2030 Regional Export Of Casting Mold
Table 2020-2030 Regional Import Of Casting Mold
Table 2020-2030 Regional Trade Balance
Table 2020-2030 North America Casting Mold Market Size And Market Volume List
Table 2020-2030 North America Casting Mold Demand List By Application
Table 2020-2025 North America Casting Mold Key Players Sales List
Table 2020-2025 North America Casting Mold Key Players Market Share List
Table 2020-2030 North America Casting Mold Demand List By Type
Table 2020-2025 North America Casting Mold Price List By Type
Table 2020-2030 United States Casting Mold Market Size And Market Volume List
Table 2020-2030 United States Casting Mold Import & Export List
Table 2020-2030 Canada Casting Mold Market Size And Market Volume List
Table 2020-2030 Canada Casting Mold Import & Export List
Table 2020-2030 Mexico Casting Mold Market Size And Market Volume List
Table 2020-2030 Mexico Casting Mold Import & Export List
Table 2020-2030 South America Casting Mold Market Size And Market Volume List
Table 2020-2030 South America Casting Mold Demand List By Application
Table 2020-2025 South America Casting Mold Key Players Sales List
Table 2020-2025 South America Casting Mold Key Players Market Share List
Table 2020-2030 South America Casting Mold Demand List By Type
Table 2020-2025 South America Casting Mold Price List By Type
Table 2020-2030 Brazil Casting Mold Market Size And Market Volume List
Table 2020-2030 Brazil Casting Mold Import & Export List
Table 2020-2030 Argentina Casting Mold Market Size And Market Volume List
Table 2020-2030 Argentina Casting Mold Import & Export List
Table 2020-2030 Chile Casting Mold Market Size And Market Volume List
Table 2020-2030 Chile Casting Mold Import & Export List
Table 2020-2030 Peru Casting Mold Market Size And Market Volume List
Table 2020-2030 Peru Casting Mold Import & Export List
Table 2020-2030 Asia & Pacific Casting Mold Market Size And Market Volume List
Table 2020-2030 Asia & Pacific Casting Mold Demand List By Application
Table 2020-2025 Asia & Pacific Casting Mold Key Players Sales List
Table 2020-2025 Asia & Pacific Casting Mold Key Players Market Share List
Table 2020-2030 Asia & Pacific Casting Mold Demand List By Type
Table 2020-2025 Asia & Pacific Casting Mold Price List By Type
Table 2020-2030 China Casting Mold Market Size And Market Volume List
Table 2020-2030 China Casting Mold Import & Export List
Table 2020-2030 India Casting Mold Market Size And Market Volume List
Table 2020-2030 India Casting Mold Import & Export List
Table 2020-2030 Japan Casting Mold Market Size And Market Volume List
Table 2020-2030 Japan Casting Mold Import & Export List
Table 2020-2030 South Korea Casting Mold Market Size And Market Volume List
Table 2020-2030 South Korea Casting Mold Import & Export List
Table 2020-2030 Southeast Asia Casting Mold Market Size List
Table 2020-2030 Southeast Asia Casting Mold Market Volume List
Table 2020-2030 Southeast Asia Casting Mold Import List
Table 2020-2030 Southeast Asia Casting Mold Export List
Table 2020-2030 Australia Casting Mold Market Size And Market Volume List
Table 2020-2030 Australia Casting Mold Import & Export List
Table 2020-2030 Europe Casting Mold Market Size And Market Volume List
Table 2020-2030 Europe Casting Mold Demand List By Application
Table 2020-2025 Europe Casting Mold Key Players Sales List
Table 2020-2025 Europe Casting Mold Key Players Market Share List
Table 2020-2030 Europe Casting Mold Demand List By Type
Table 2020-2025 Europe Casting Mold Price List By Type
Table 2020-2030 Germany Casting Mold Market Size And Market Volume List
Table 2020-2030 Germany Casting Mold Import & Export List
Table 2020-2030 France Casting Mold Market Size And Market Volume List
Table 2020-2030 France Casting Mold Import & Export List
Table 2020-2030 United Kingdom Casting Mold Market Size And Market Volume List
Table 2020-2030 United Kingdom Casting Mold Import & Export List
Table 2020-2030 Italy Casting Mold Market Size And Market Volume List
Table 2020-2030 Italy Casting Mold Import & Export List
Table 2020-2030 Spain Casting Mold Market Size And Market Volume List
Table 2020-2030 Spain Casting Mold Import & Export List
Table 2020-2030 Belgium Casting Mold Market Size And Market Volume List
Table 2020-2030 Belgium Casting Mold Import & Export List
Table 2020-2030 Netherlands Casting Mold Market Size And Market Volume List
Table 2020-2030 Netherlands Casting Mold Import & Export List
Table 2020-2030 Austria Casting Mold Market Size And Market Volume List
Table 2020-2030 Austria Casting Mold Import & Export List
Table 2020-2030 Poland Casting Mold Market Size And Market Volume List
Table 2020-2030 Poland Casting Mold Import & Export List
Table 2020-2030 Russia Casting Mold Market Size And Market Volume List
Table 2020-2030 Russia Casting Mold Import & Export List
Table 2020-2030 Mea Casting Mold Market Size And Market Volume List
Table 2020-2030 Mea Casting Mold Demand List By Application
Table 2020-2025 Mea Casting Mold Key Players Sales List
Table 2020-2025 Mea Casting Mold Key Players Market Share List
Table 2020-2030 Mea Casting Mold Demand List By Type
Table 2020-2025 Mea Casting Mold Price List By Type
Table 2020-2030 Egypt Casting Mold Market Size And Market Volume List
Table 2020-2030 Egypt Casting Mold Import & Export List
Table 2020-2030 Israel Casting Mold Market Size And Market Volume List
Table 2020-2030 Israel Casting Mold Import & Export List
Table 2020-2030 South Africa Casting Mold Market Size And Market Volume List
Table 2020-2030 South Africa Casting Mold Import & Export List
Table 2020-2030 Gulf Cooperation Council Countries Casting Mold Market Size And Market Volume List
Table 2020-2030 Gulf Cooperation Council Countries Casting Mold Import & Export List
Table 2020-2030 Turkey Casting Mold Market Size And Market Volume List
Table 2020-2030 Turkey Casting Mold Import & Export List
Table 2020-2025 Global Casting Mold Market Size List By Region
Table 2020-2025 Global Casting Mold Market Size Share List By Region
Table 2020-2025 Global Casting Mold Market Volume List By Region
Table 2020-2025 Global Casting Mold Market Volume Share List By Region
Table 2020-2025 Global Casting Mold Demand List By Application
Table 2020-2025 Global Casting Mold Demand Market Share List By Application
Table 2020-2025 Global Casting Mold Capacity List
Table 2020-2025 Global Casting Mold Key Vendors Capacity Share List
Table 2020-2025 Global Casting Mold Key Vendors Production List
Table 2020-2025 Global Casting Mold Key Vendors Production Share List
Table 2020-2025 Global Casting Mold Key Vendors Production Value List
Table 2020-2025 Global Casting Mold Key Vendors Production Value Share List
Table 2020-2025 Global Casting Mold Demand List By Type
Table 2020-2025 Global Casting Mold Demand Market Share List By Type
Table 2020-2025 Regional Casting Mold Price List
Table 2025-2030 Global Casting Mold Market Size List By Region
Table 2025-2030 Global Casting Mold Market Size Share List By Region
Table 2025-2030 Global Casting Mold Market Volume List By Region
Table 2025-2030 Global Casting Mold Market Volume Share List By Region
Table 2025-2030 Global Casting Mold Demand List By Application
Table 2025-2030 Global Casting Mold Demand Market Share List By Application
Table 2025-2030 Global Casting Mold Capacity List
Table 2025-2030 Global Casting Mold Key Vendors Capacity Share List
Table 2025-2030 Global Casting Mold Key Vendors Production List
Table 2025-2030 Global Casting Mold Key Vendors Production Share List
Table 2025-2030 Global Casting Mold Key Vendors Production Value List
Table 2025-2030 Global Casting Mold Key Vendors Production Value Share List
Table 2025-2030 Global Casting Mold Demand List By Type
Table 2025-2030 Global Casting Mold Demand Market Share List By Type
Table 2025-2030 Casting Mold Regional Price List
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Casting Mold Picture
Figure 2020-2030 Regional Trade Balance
Figure 2020-2030 North America Casting Mold Market Size And Cagr
Figure 2020-2030 North America Casting Mold Market Volume And Cagr
Figure 2020-2030 South America Casting Mold Market Size And Cagr
Figure 2020-2030 South America Casting Mold Market Volume And Cagr
Figure 2020-2030 Asia & Pacific Casting Mold Market Size And Cagr
Figure 2020-2030 Asia & Pacific Casting Mold Market Volume And Cagr
Figure 2020-2030 Europe Casting Mold Market Size And Cagr
Figure 2020-2030 Europe Casting Mold Market Volume And Cagr
Figure 2020-2030 Mea Casting Mold Market Size And Cagr
Figure 2020-2030 Mea Casting Mold Market Volume And Cagr
Figure 2020-2025 Global Casting Mold Capacity Production And Growth Rate
Figure 2020-2025 Global Casting Mold Production Value And Growth Rate
Figure 2025-2030 Global Casting Mold Capacity Production And Growth Rate
Figure 2025-2030 Global Casting Mold Production Value And Growth Rate
Research Methodology
- Market Estimated Methodology:
Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.
1)Top-down & Bottom-up Approach
Top-down approach uses a general market size figure and determines the percentage that the objective market represents.
Bottom-up approach size the objective market by collecting the sub-segment information.
2)Supply & Demand Approach
Supply approach is based on assessments of the size of each competitor supplying the objective market.
Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.
- Forecasting Methodology
- Numerous factors impacting the market trend are considered for forecast model:
- New technology and application in the future;
- New project planned/under contraction;
- Global and regional underlying economic growth;
- Threatens of substitute products;
- Industry expert opinion;
- Policy and Society implication.
- Analysis Tools
1)PEST Analysis
PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.
- Benefits of a PEST analysis:
- It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
- It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
- It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
- It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.
2)Porter’s Five Force Model Analysis
The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.
- Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
- Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
- Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
- Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
- Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.
3)Value Chain Analysis
Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.
4)SWOT Analysis
SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.
- Strengths describe what the player excels at and separates it from the competition
- Weaknesses stop the player from performing at its optimum level.
- Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
- Threats refer to factors that have the potential to harm the player.
- Data Sources
Primary Sources | Secondary Sources |
---|---|
Face to face/Phone Interviews with market participants, such as: Manufactures; Distributors; End-users; Experts. Online Survey |
Government/International Organization Data: Annual Report/Presentation/Fact Book Internet Source Information Industry Association Data Free/Purchased Database Market Research Report Book/Journal/News |