Middle East & Africa Aluminum Casting Market Size & Outlook
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MEA aluminum casting market highlights
- The MEA aluminum casting market generated a revenue of USD 5,369.4 million in 2024.
- The market is expected to grow at a CAGR of 5.3% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 5,369.4 million |
| Market revenue in 2030 | USD 7,240.1 million |
| Growth rate | 5.3% (CAGR from 2025 to 2030) |
| Largest segment | Die casting |
| Fastest growing segment | Die Casting |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 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, MEA region accounted for 5.3% of the global aluminum casting market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 7,240.1 million by 2030.
Key Regions: U.S. , Japan , Brazil , South Africa , Canada
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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 |
Middle East & Africa 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 69.67% in 2024. Horizon Databook has segmented the Middle East & Africa aluminum casting market based on permanent mold casting, die casting covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East & Africa held the lowest volume share of 6.3% in 2020 of the global aluminum casting market. Developing economies in the region are expected to propel market growth across the forecast period. Moreover, region holds a strong position in the global oil & gas production.
Infrastructural developments in the oil & gas sector are anticipated to benefit aluminum casting demand in the region. For instance, a sum of around USD 10 billion is expected to be invested in the energy sector of Nigeria. The region struggles to attract foreign direct investments owing to constraints such as climate weaknesses and geopolitical tensions.
Besides, the region was hard hit by the COVID-19 pandemic, which further impacted the economic growth. However, with manufacturers expanding and setting up new manufacturing plants in certain countries of the region, the demand for aluminum casting in industrial equipment application segment is expected to propel over the coming years.
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Our clientele includes a mix of aluminum casting market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa aluminum casting market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa aluminum casting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA aluminum casting market size, by country, 2018-2030 (US$M)
Middle East & Africa Aluminum Casting Market Outlook Share, 2024 & 2030 (US$M)
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