Total Casting Output

In 2024, the total output of all kinds of castings in China was 50.75 million tons, down 2.2% year on year.

Casting output and growth rate in China in recent years

 

Demand for castings in downstream industries from 2020-2024 (10,000t)

Castings demand in downstream industries: The automotive industry remains the largest user of castings, accounting for 29.7% of castings in 2024.

Demand for castings in downstream industries in 2024

 

Casting output by material from 2020 to 2024（10,000t）

Proportion of Casting Production by Material (2024)

Grey cast iron parts: 40.6%;

Ductile iron: accounted for 27.5% (29% in 2023), mainly affected by the significant decline in ductile pipes;

Output of steel castings: accounting for 12.4%, basically the same as in 2023;

Aluminum (magnesium) alloy castings: the share increased to 16.4%%, driven by the demand for the development of lightweight vehicles and the rapid development of new energy vehicles.

By China Foundry Association