Canada Aluminum Casting Market Size & Outlook, 2025-2030
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Canada aluminum casting market highlights
- The Canada aluminum casting market generated a revenue of USD 1,379.5 million in 2024 and is expected to reach USD 1,798.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 4.6% from 2025 to 2030.
- In terms of segment, die casting was the largest revenue generating process in 2024.
- Die Casting is the most lucrative process segment registering the fastest growth during the forecast period.
Aluminum casting market data book summary
| Market revenue in 2024 | USD 1,379.5 million |
| Market revenue in 2030 | USD 1,798.1 million |
| Growth rate | 4.6% (CAGR from 2025 to 2030) |
| Largest segment | Die casting |
| Fastest growing segment | Die Casting |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Permanent Mold Casting, Die Casting |
| Key market players worldwide | Alcoa Corp, Ramaco Resources Inc Class A, Bravo Mining Corp, Redwire Corp, Georg Fischer AG, Dynatrace Inc Ordinary Shares, Gibb River Diamonds Ltd, Ryobi Ltd, Martinrea International Inc, Toyota Industries Corp, Aluminum Corp of China Ltd Class H |
Other key industry trends
- In terms of revenue, Canada accounted for 1.4% of the global aluminum casting market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. aluminum casting market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 17,914.3 million by 2030.
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Aluminum Casting Market Scope
Aluminum Casting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Gibb River Diamonds Ltd | View profile | 6 | 1/16 Ord Street, Ground Floor, West Perth, Perth, WA, Australia, 6005 | http://www.gibbriverdiamonds.com |
| Redwire Corp | View profile | 700 | 8226 Philips Highway, Suite 101, Jacksonville, FL, United States, 32256 | https://www.redwirespace.com |
| Ryobi Ltd | View profile | 7497 | 762 Mesaki-cho, Hiroshima-ken, Fuchu-shi, Japan, 726-8628 | https://www.ryobi-group.co.jp |
| Aluminum Corp of China Ltd Class H | View profile | 64504 | No. 62 North Xizhimen Street, Haidian District, Beijing, China, People's Republic of, 100082 | https://www.chalco.com.cn |
| Martinrea International Inc | View profile | 19000 | 3210 Langstaff Road, Vaughan, ON, Canada, L4K 5B2 | https://www.martinrea.com |
| Dynatrace Inc Ordinary Shares | View profile | 4700 | 1601 Trapelo Road, Suite 116, Waltham, MA, United States, 02451 | https://www.dynatrace.com |
| Bravo Mining Corp | View profile | 51 | Av. Jornalista Ricardo Marinho, n. 360, Room 111 Barra da Tijuca, Rio de Janeiro, Brazil, 22631-350 | https://www.bravomining.com |
| Alcoa Corp | View profile | 13600 | 201 Isabella Street, Suite 500, Pittsburgh, PA, United States, 15212-5858 | https://www.alcoa.com |
| Ramaco Resources Inc Class A | View profile | 811 | 250 West Main Street, Suite 1900, Lexington, KY, United States, 40507 | https://www.ramacoresources.com |
| Georg Fischer AG | View profile | 19824 | Amsler-Laffon-Strasse 9, Schaffhausen, Switzerland, 8201 | https://www.georgfischer.com |
| Toyota Industries Corp | View profile | 89245 | 2-1, Toyoda-cho, Kariya-shi, Aichi, Japan, 448-8671 | https://www.toyota-industries.com |
Canada aluminum casting market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aluminum casting market will help companies and investors design strategic landscapes.
Die casting was the largest segment with a revenue share of 74.99% in 2024. Horizon Databook has segmented the Canada aluminum casting market based on permanent mold casting, die casting covering the revenue growth of each sub-segment from 2018 to 2030.
Automotive industry in Canada was majorly hit by the COVID-19 pandemic. The car sales fell by 74.6% in April 2020 as compared to April 2019. Cadillac, BMW, Honda, Acura, Jeep, Nissan, Porsche, Infiniti, and Chrysler were the hardest hit auto companies in the country in the first quarter of 2020. The vehicle production too, was severely impacted in the country as the operations of many companies were suspended in March and April.
The country witnessed ease in the operations in May 2020 post the lockdown as various auto OEMs restarting their assembly plants. However, supply chain issues continued to plague the manufacturing activities as major auto plants faced problems from Mexican suppliers. The scenario is had a negative influence on the demand for aluminum casting in transportation sector of Canada in 2020.
The country is anticipated to witness growth in the EV industry over the coming years. Major automotive players have announced to make huge investments in Canada’s EV market. For instance, on January 15, 2021, General Motors Co. announced to invest around USD 1 billion in production of electric commercial vans in Ingersoll, Ont. In 2020, Fiat Chrysler announced to invest nearly USD 1.5 billion for creating its own EV platform in the province.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada aluminum casting market , including forecasts for subscribers. This country databook contains high-level insights into Canada aluminum casting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada aluminum casting market size, by process, 2018-2030 (US$M)
Canada Aluminum Casting Market Outlook Share, 2024 & 2030 (US$M)
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