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    China Investment Casting Market

    ID: MRFR/CnM/47543-HCR
    111 Pages
    Chitranshi Jaiswal
    September 2025

    China Investment Casting Market Research Report By Type (Silica sol process, sodium silicate process) and By Application (Aerospace & military, general industrial, industrial gas turbines, automotive, others) - Forecast to 2035

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    China Investment Casting Market Research Report — Forecast till 2035 Infographic
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    Table of Contents

    China Investment Casting Market Summary

    The China Investment Casting market is projected to grow from 2.11 USD Billion in 2024 to 4.12 USD Billion by 2035.

    Key Market Trends & Highlights

    China Investment Casting Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 6.27 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 4.12 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 2.11 USD Billion, reflecting a strong foundation for future expansion.
    • Growing adoption of advanced manufacturing technologies due to increased demand for precision components is a major market driver.

    Market Size & Forecast

    2024 Market Size 2.11 (USD Billion)
    2035 Market Size 4.12 (USD Billion)
    CAGR (2025-2035) 6.27%

    Major Players

    China National Building Material Group, China National Offshore Oil Corporation, Sinosteel Corporation, China National Petroleum Corporation, Anhui Zhongding Sealing Parts, Midea Group, China National Chemical Corporation, China Railway Construction Corporation, Shanghai Electric Group, Zhejiang Huangyan Juguang Plastic Machine, Sany Heavy Industry, Wanhua Chemical Group, Great Wall Motor, Jiangsu Shougang Group, Dongfang Electric Corporation

    China Investment Casting Market Trends

    The market for investment castings in China is expanding significantly because to rising demand from a number of industries, most notably the automotive and aerospace sectors. One of the main factors driving the market is the quick development of China's manufacturing sector and government programs to promote industrialization.

    This comprises laws designed to encourage innovation while improving the caliber and effectiveness of manufacturing procedures. Additionally, the nation's emphasis on environmentally friendly production methods is promoting the use of cutting-edge materials and technology, which will help the investment casting industry even more.

    Investment casting has seen a noticeable movement in recent years toward more automated and digitalized production methods. The requirement for accuracy and efficiency is driving this change, which is consistent with China's overarching strategic objective to strengthen its position in high-tech manufacturing.

    As environmental concerns in industrial processes gain more attention, smart technology integration in production lines is improving operating efficiency and cutting waste. Chinese producers of investment castings have several chances to investigate new markets, including medical devices and renewable energy, which are becoming important markets for investment cast items.

    Additionally, Chinese manufacturers can benefit from this change by improving their capabilities and export potential as the global market seeks out localized supply chains. For businesses involved in investment casting operations in China, the rising demand for high-performance and customized components offers a positive outlook overall, opening the door for innovation and market expansion.

    China Investment Casting Market Drivers

    Market Segment Insights

    Investment Casting Market Type Insights

    The China Investment Casting Market has a diverse segmentation based on Type, prominently featuring processes such as the silica sol process and the sodium silicate process. The silica sol process is particularly valued for its capability to produce high precision and intricate geometries, making it suitable for industries such as aerospace, automotive, and medical devices.

    This advanced method enables the casting of complex shapes with superior surface finishes, attracting manufacturers who prioritize quality and accuracy in their production. Meanwhile, the sodium silicate process is recognized for its cost-effectiveness and efficiency, often utilized in a variety of applications where lightweight but durable components are required.

    This process also plays a crucial role in large-scale production, contributing to the overall output of the China Investment Casting Market. The growing demand for lightweight materials in the automotive sector of China has driven interest in the sodium silicate process, as manufacturers seek to enhance vehicle performance and fuel efficiency.

    Furthermore, the rise in the aerospace sector, backed by government initiatives and expanding domestic capabilities, continues to favor the silica sol process since it aligns well with the rigorous standards and specifications that this industry demands.

    The segmentation based on Type showcases a market that is responding dynamically to technological advancements and evolving consumer preferences, highlighting a trend toward sustainable and efficient manufacturing processes.

    The insights derived from the existing processes show a landscape that is both competitive and ripe for investment, with growing sectors continually looking for advanced solutions. Overall, the Type segment's focus on the silica sol and sodium silicate processes reflects the broader trends of innovation, quality improvement, and sustainable practices prevalent in China’s investment casting market.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Investment Casting Market Application Insights

    The Application segment within the China Investment Casting Market illustrates a diverse landscape, highlighting the versatile nature of investment casting in various industries. The aerospace and military sectors are of significant importance, driven by the increasing demand for lightweight and complex components that ensure performance and safety in aircraft and defense equipment.

    The general industrial segment reflects a broad usage of investment castings in machinery and equipment manufacturing, showcasing the flexibility of this process in meeting unique design requirements.

    Furthermore, the industrial gas turbines segment is emerging as a key player as China transitions towards cleaner energy sources, necessitating advanced materials that can withstand high temperatures and pressures.

    The automotive sector continues to be a dominant force, propelled by the growth of electric vehicles and the need for efficient manufacturing processes that enhance fuel efficiency. Other applications, including medical devices and electronics, are also on the rise, showcasing the adaptability of investment casting to various market needs.

    As the industry continues to evolve, the focus on innovation and technological advancement presents ample opportunities for growth across these varied applications.

    Get more detailed insights about China Investment Casting Market Research Report — Forecast till 2035

    Regional Insights

    Key Players and Competitive Insights

    The China Investment Casting Market is currently characterized by a dynamic competitive landscape that is shaped by rapid technological advancements and a surge in demand across various industrial segments.

    This market is integral to manufacturing processes in multiple sectors, such as automotive, aerospace, and machinery, all of which require high precision and quality in casting. The competition intensifies as manufacturers strive to innovate and improve their production capabilities while adhering to stringent quality standards.

    Factors such as cost-effectiveness, sustainability, and the ability to cater to custom specifications further complicate the competitive arena, compelling stakeholders to adopt advanced materials and machining technologies to refine their casting processes.

    As the market expands, strategic collaborations, research and development endeavors, and investment in automation are becoming crucial for firms aiming to secure their market position. China National Building Material Group plays a significant role in the China Investment Casting Market by leveraging its comprehensive expertise in construction materials and equipment manufacturing.

    The company is renowned for its commitment to innovation and quality, allowing it to maintain a strong presence in the market. By focusing on advanced production techniques and sustainable practices, China National Building Material Group enhances its competitive edge, enabling it to respond to the evolving needs of various industries.

    Its established reputation for reliability and efficiency fuels strong customer relationships, resulting in high customer satisfaction and repeat business. The company's investment in R&D further bolsters its ability to introduce novel casting solutions that meet the demanding specifications of the sectors it serves.

    China National Offshore Oil Corporation, although primarily recognized for its contributions to the energy sector, also plays a pivotal role in the China Investment Casting Market through the provision of high-quality products and customized solutions tailored for the offshore oil and gas sector.

    The company is known for its advanced casting technology and robust production capacity, which enables it to meet the intricate requirements of drilling and marine applications. This competitive presence is reinforced by its strategic mergers and acquisitions, which have expanded its capabilities and market reach within China.

    By offering specialized products designed for durability and high performance, China National Offshore Oil Corporation positions itself as a leader in investment casting, meeting the stringent demands of its clients. Its focus on innovation and quality assurance aligns with the growing trends in the market, providing a solid foundation for continued growth and relevance in the industry.

    Key Companies in the China Investment Casting Market market include

    Industry Developments

    Recent developments in the China Investment Casting Market indicate a dynamic landscape, particularly involving major players like China National Petroleum Corporation and Sinosteel Corporation.

    In August 2023, Midea Group announced a strategic investment aiming to enhance its production capabilities, responding to rising domestic and global demand for precision components. Meanwhile, there have been significant mergers and acquisitions noted, particularly involving Anhui Zhongding Sealing Parts, which in July 2023 acquired a smaller competitor to expand its market share.

    The China National Offshore Oil Corporation is also expected to ramp up investments in advanced casting technology in the coming months, reflecting a push towards innovation and efficiency. Notably, Zhejiang Huangyan Juguang Plastic Machine has been expanding operations since late 2022, focusing on developing sustainable casting methods.

    The overall valuation of companies in this market shows an upward trend due to increasing industrial demand and advancements in manufacturing technologies, with expected growth continuing through 2024.

    Additionally, government initiatives promoting industrial upgrading are set to benefit firms like Dongfang Electric Corporation and Sany Heavy Industry, positioning them for greater competitive advantages in both local and global markets.

    Market Segmentation

    Investment Casting Market Type Outlook

    • silica sol process
    • sodium silicate process

    Investment Casting Market Application Outlook

    • aerospace & military
    • general industrial
    • industrial gas turbines
    • automotive
    • others

    Report Scope

    Report Attribute/Metric Details
    Market Size 2023 2.0(USD Billion)
    Market Size 2024 2.11(USD Billion)
    Market Size 2035 4.12(USD Billion)
    Compound Annual Growth Rate (CAGR) 6.259% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled China National Building Material Group, China National Offshore Oil Corporation, Sinosteel Corporation, China National Petroleum Corporation, Anhui Zhongding Sealing Parts, Midea Group, China National Chemical Corporation, China Railway Construction Corporation, Shanghai Electric Group, Zhejiang Huangyan Juguang Plastic Machine, Sany Heavy Industry, Wanhua Chemical Group, Great Wall Motor, Jiangsu Shougang Group, Dongfang Electric Corporation
    Segments Covered Type, Application
    Key Market Opportunities Emerging automotive industry demands, Aerospace sector growth potential, Renewable energy components requirement, Heavy machinery market expansion, Technological advancements in casting methods
    Key Market Dynamics Technological advancements, Rapid industrialization, Rising demand in automotive, Increasing export opportunities, Environmental regulations compliance
    Countries Covered China
     

    Market Highlights

    Author
    Chitranshi Jaiswal
    Research Analyst Level I

    In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

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    FAQs

    What was the market size of the China Investment Casting Market in 2024?

    The market size of the China Investment Casting Market in 2024 was 2.11 USD Billion.

    What is the expected growth rate of the China Investment Casting Market between 2025 and 2035?

    The expected CAGR for the China Investment Casting Market between 2025 and 2035 is 6.259%.

    How much is the China Investment Casting Market expected to be valued by 2035?

    By 2035, the China Investment Casting Market is expected to be valued at around 4.12 USD Billion.

    What was the market size for the silica sol process in the China Investment Casting Market in 2024?

    The market size for the silica sol process in the China Investment Casting Market in 2024 was 1.26 USD Billion.

    What will the market size be for the sodium silicate process by 2035?

    The market size for the sodium silicate process is expected to reach 1.59 USD Billion by 2035.

    Who are the key players in the China Investment Casting Market?

    Key players in the China Investment Casting Market include China National Building Material Group, Sinosteel Corporation, and China National Petroleum Corporation among others.

    What dominant technology is used in the China Investment Casting Market?

    The dominant technologies in the China Investment Casting Market are the silica sol process and the sodium silicate process.

    Which segment of the investment casting market is anticipated to witness the highest growth?

    The silica sol process segment is anticipated to witness the highest growth in the investment casting market by 2035.

    What major factors are driving the growth of the China Investment Casting Market?

    Key growth drivers for the China Investment Casting Market include industrial expansion and increasing demand for precision-engineered components.

    How will the current global economic trends impact the China Investment Casting Market?

    Current global economic trends are expected to have varying effects on the China Investment Casting Market, contingent upon demand fluctuations in diverse industries.

    1. EXECUTIVE SUMMARY   
    2. Market Overview     
      1. Key Findings   
      2. Market Segmentation     
    3. Competitive Landscape     
      1. Challenges and Opportunities 
      2. Future Outlook        
    4. MARKET INTRODUCTION   
    5. Definition     
      1. Scope of the study   
    6. Research Objective         
      1. Assumption 
        1. Limitations     
    7. RESEARCH METHODOLOGY   
    8. Overview     
      1. Data Mining     
    9. Secondary Research     
      1. Primary Research 
        1. Primary Interviews and Information Gathering Process 
        2. Breakdown of Primary Respondents 
      2. Forecasting Model   
      3. Market Size Estimation   
    10. Bottom-Up Approach         
      1. Top-Down
    11. Approach           
      1. Data Triangulation 
      2. Validation        
    12. MARKET DYNAMICS   
      1. Overview 
      2. Drivers     
    13. Restraints     
      1. Opportunities     
    14. MARKET FACTOR ANALYSIS   
    15. Value chain Analysis     
      1. Porter's Five Forces
    16. Analysis   
      1. Bargaining Power of Suppliers   
        1. Bargaining Power of Buyers   
        2. Threat of New Entrants     
        3. Threat of Substitutes       
        4. Intensity of Rivalry         
      2. COVID-19 Impact Analysis   
    17. Market Impact Analysis         
      1. Regional
    18. Impact         
      1. Opportunity and Threat
    19. Analysis              
    20. CHINA INVESTMENT CASTING MARKET, BY TYPE (USD BILLION) 
      1. silica sol process     
    21. sodium silicate process        
    22. CHINA
    23. INVESTMENT CASTING MARKET, BY APPLICATION (USD BILLION)   
    24. aerospace & military     
      1. general industrial 
      2. industrial gas turbines     
    25. automotive     
      1. others        
    26. COMPETITIVE LANDSCAPE   
    27. Overview     
      1. Competitive Analysis   
      2. Market share Analysis     
    28. Major Growth Strategy in the Investment Casting Market     
    29. Competitive Benchmarking     
      1. Leading Players
    30. in Terms of Number of Developments in the Investment Casting Market   
      1. Key developments and growth strategies   
    31. New Product Launch/Service Deployment         
    32. Merger & Acquisitions         
    33. Joint Ventures           
      1. Major
    34. Players Financial Matrix    
      1. Sales and Operating
    35. Income         
      1. Major Players R&D
    36. Expenditure. 2023              
    37. COMPANY PROFILES   
      1. China National Building Material
    38. Group   
      1. Financial Overview       
        1. Products Offered         
    39. Key Developments         
      1. SWOT Analysis 
        1. Key Strategies     
      2. China National Offshore Oil Corporation 
        1. Financial Overview         
    40. Products Offered         
      1. Key Developments 
        1. SWOT Analysis     
        2. Key Strategies         
      2. Sinosteel Corporation   
    41. Financial Overview         
      1. Products
    42. Offered         
      1. Key Developments 
        1. SWOT Analysis     
        2. Key Strategies         
      2. China National Petroleum Corporation   
    43. Financial Overview         
      1. Products
    44. Offered         
      1. Key Developments 
        1. SWOT Analysis     
        2. Key Strategies         
      2. Anhui Zhongding Sealing Parts   
    45. Financial Overview         
      1. Products
    46. Offered         
      1. Key Developments 
        1. SWOT Analysis     
        2. Key Strategies         
      2. Midea Group   
        1. Financial
    47. Overview         
      1. Products Offered 
        1. Key Developments     
        2. SWOT Analysis         
    48. Key Strategies           
      1. China
    49. National Chemical Corporation   
      1. Financial Overview 
        1. Products Offered     
        2. Key Developments         
    50. SWOT Analysis         
      1. Key Strategies 
      2. China Railway Construction
    51. Corporation   
      1. Financial Overview     
        1. Products Offered         
    52. Key Developments         
      1. SWOT Analysis 
        1. Key Strategies     
      2. Shanghai Electric Group   
    53. Financial Overview         
      1. Products
    54. Offered         
      1. Key Developments 
        1. SWOT Analysis     
        2. Key Strategies         
      2. Zhejiang Huangyan Juguang Plastic Machine   
    55. Financial Overview         
      1. Products
    56. Offered         
      1. Key Developments 
        1. SWOT Analysis     
        2. Key Strategies         
      2. Sany Heavy Industry   
    57. Financial Overview         
      1. Products
    58. Offered         
      1. Key Developments 
        1. SWOT Analysis     
        2. Key Strategies         
      2. Wanhua Chemical Group   
    59. Financial Overview         
      1. Products
    60. Offered         
      1. Key Developments 
        1. SWOT Analysis     
        2. Key Strategies         
      2. Great Wall Motor   
        1. Financial
    61. Overview         
      1. Products Offered 
        1. Key Developments   
        2. SWOT Analysis       
        3. Key Strategies           
    62. Jiangsu Shougang Group   
      1. Financial Overview 
        1. Products Offered   
        2. Key Developments     
        3. SWOT Analysis         
    63. Key Strategies           
      1. Dongfang
    64. Electric Corporation   
      1. Financial Overview 
        1. Products Offered   
        2. Key Developments     
        3. SWOT Analysis         
    65. Key Strategies              
      1. References     
    66. Related Reports        
    67. LIST OF ASSUMPTIONS   
    68. MARKET SIZE ESTIMATES & FORECAST, BY TYPE, 2019-2035 (USD BILLIONS)   
    69. CHINA INVESTMENT CASTING MARKET SIZE ESTIMATES & FORECAST, BY APPLICATION,
    70. 2035 (USD BILLIONS)   
    71. DEVELOPMENT/APPROVAL   
    72. LIST
    73. OF FIGURES
    74. CHINA INVESTMENT CASTING MARKET ANALYSIS BY TYPE 
    75. CHINA INVESTMENT CASTING MARKET ANALYSIS BY APPLICATION 
    76. KEY BUYING CRITERIA OF INVESTMENT CASTING MARKET 
    77. RESEARCH PROCESS OF MRFR 
    78. CASTING MARKET 
    79. CASTING MARKET 
    80. CASTING MARKET 
    81. MARKET 
    82. SHARE) 
    83. (USD Billions) 
    84. APPLICATION, 2025 (% SHARE) 
    85. BY APPLICATION, 2019 TO 2035 (USD Billions) 
    86. OF MAJOR COMPETITORS 

    China Investment Casting Market Segmentation

     

     

     

    • Investment Casting Market By Type (USD Billion, 2019-2035)

      • silica sol process
      • sodium silicate process

     

    • Investment Casting Market By Application (USD Billion, 2019-2035)

      • aerospace & military
      • general industrial
      • industrial gas turbines
      • automotive
      • others

     

     

     

     

     

     

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