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Global Sand Castings Industry Report: Country Overview; Recent Events; Value Chain Analysis; Trade Analysis; Cost Structure; Market Dynamics: Drivers & Constraints, Industry Events, Innovations & Trends, SWOT Analysis; Market Analysis; Industry Best Practices: Sourcing Strategy, Procurement Model, Negotiation Levers, Pricing Model, Key Factors Influencing the Quotation; Key Supplier Analysis, 2022-2027

Sand Castings Industry Report by Regional Category Spend, Price Analysis, Key Demand, and Price Indicators, and Best Buying Practices


The global Sand Castings market reached a value of about 70.9 million tons in 2021. The industry is projected to grow at a CAGR of around 5% in the forecast period of 2022-2027 to reach a value of about 95.11 million tons by 2027.

The global Sand Castings industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The growing development in the automotive sector is driving the market demand. In the industry report, the key demand indicator is the highest category spender by region—Asia Pacific.

Industry Definition and Segmentation

Sand casting, also known as sand moulded casting, is a metal casting technique in which the mould is made of sand. Molten metal is poured into a sand mould during the sand-casting process. The phrase sand casting can also apply to an object created using the sand-casting technique. Sand castings are created at metalworks, which are specialist factories. The Sand Castings industry report comprises segments by type (Ferrous Sand Castings and Non-Ferrous Sand Castings) and region (North America, Europe, Asia Pacific, the Middle East, and Africa, and South America).

The Asia Pacific Region is Driving the Growth of the Industry

Asia Pacific region holds the largest market share because, in terms of yearly sales and manufacturing production, China is the world's largest automobile market. Other nations, including Japan, India, and South Korea, are significant vehicle production centres. Asia Pacific's share of the global automotive sand-casting market is growing due to the substantial presence of automakers and automotive component suppliers.

The industry is primarily driven by increased vehicle production, rising demand for mid-and premium-segment automobiles, and a lack of alternative manufacturing technologies. The automotive sector has witnessed growth due to changing economic conditions and increased employment; a rise in spending has led to higher sales of automobiles, thus resulting in the market's expansion. Automobile manufacturers are increasing manufacturing capacity to meet expanding customer demand, which is driving up demand for automotive components furthering the growth of the sand-casting market. In addition, the increasing trend of light-weighting in passenger cars due to stringent emission norms and benefits offered by the casting process such as higher precision, accuracy, shorter cycle time, and excellent surface finish are expected to drive the market. Also, demand from the automotive, railroads, energy, and construction industries has been the key demand drivers.

Best Procurement Practices

The global Sand Castings industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major global Sand Castings regions, such as engagement models, contract terms, and buyer and supplier negotiation levers.

Category Management Studies

Two match plates are tightly packed with greensand or silica sand. A 3D machining tool is used to make a master pattern design, which is then utilised to create the necessary cast shape, creating a negative imprint. The cope and drag are two sections made up of these match plates. The sand is then allowed to solidify. The cope and drag are taken from the match plate and sealed after the moulds are complete. After filling the match plates, liquid motel metal is poured into them. When the metal has cooled, the castings are broken out of the mould, and further machining, coating, or testing is performed.

Various Advantages of the Process, Further Driving the Procurement of Sand Castings

The industry is being aided by the newer trends in the market, like the rise in consumer demand for electric and autonomous vehicles. Automobile makers are attempting to reduce kerb weight by employing various materials with an excellent strength-to-weight ratio. To meet the stringent criteria imposed by regulatory authorities, several car sections are being made considerably more robust than previously. OEMs are also concentrating their efforts on developing electric and hybrid cars, which require more lightweight materials, resulting in significant growth in the metal casting business. Furthermore, the metal casting technique has several benefits, including increased energy efficiency, cheaper manufacturing costs, improved environmental quality, and the development of new cast goods. As a result, Pipes and fittings, mining and oilfield machinery, internal combustion engines, railways, valves, and farm equipment rely heavily on casting to make homogeneous products. Moreover, increased metal casting research assures breakthroughs and improvements in the casting process, such as creating lost foam casting and computer-based visualisation tools for die casters to build alternative moulding methods, likely to impact the market positively.

The regional markets for the industry can be divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

Key Industry Players Mentioned in the Sand Castings Industry Report

  • Consolidated Metco
  • Weichai Holding Group Co., Ltd.
  • Nelcast Ltd.
  • Hitachi Metals
  • FERDE Corporation

Market Landscape

Due to the existence of various competitors, the worldwide automotive sand-casting market is somewhat concentrated. The number of iron and steel foundries has decreased, while the number of non-ferrous foundries has remained constant. Medium and small-scale businesses dominate the landscape of suppliers.

Key Initiatives by Companies

  • Gjensidige acquires the toll solution provider of the toll corporation Ferde AS and thereby manages toll collection for AutoPASS clients.

1.    Executive Summary
2.    Sand Castings Industry Snapshot

    2.1.    Sand Castings Market Outlook
    2.2.    Sand Castings Industry Analysis by Type
        2.2.1.    Ferrous Sand Castings
        2.2.2.    Non-Ferrous Sand Castings
    2.3.    Regional Overview
        2.3.1.    North America
        2.3.2.    Europe
        2.3.3.    Asia Pacific 
        2.3.4.    Latin America
        2.3.5.    Middle East & Africa
3.    Impact of Recent Events 
4.    Sand Castings Value Chain Analysis 
5.    Sand Castings Production Process
6.    Trade Analysis 
7.    Major Risk Factors in Sourcing
8.    Sand Castings Cost Structure
9.    Sand Castings Price Analysis 
10.    Key Demand Indicator Analysis
11.    Key Price Indicator Analysis
12.    Sand Castings Market Dynamics

    12.1.    Drivers & Constraints
    12.2.    Industry Events 
    12.3.    Innovations & Trends
    12.4.    SWOT Analysis
    12.5.    Porter’s Five Forces
        12.5.1.    Buyer Power
        12.5.2.    Supplier Power
        12.5.3.    Threat of New entrants
        12.5.4.    Threat of Substitutes
        12.5.5.    Industry Rivalry
13.    Feedstock Market Analysis
    13.1.    Market Overview
    13.2.    Price Analysis 
14.    Industry Best Practices
    14.1.    Sourcing Strategy
    14.2.    Procurement Model
    14.3.    Contract Structure
    14.4.    Negotiation Levers
    14.5.    Pricing Model
    14.6.    Key Factors Influencing the Quotation 
15.    Key Supplier Analysis
    15.1.    Consolidated Metco Inc.
    15.2.    Weichai Holding Group Co., Ltd.
    15.3.    Nelcast Ltd.
    15.4.    Hitachi Metals Ltd
    15.5.    Waupaca Foundry Inc

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Key Questions Answered in the Report

The global Sand Castings market size was valued at 70.9 million tons in 2021.

As per the application provided, the automotive segment is anticipated to lead the market between 2022 and 2027.

The significant demand for the process in the automotive sector is one of the essential drivers of the Sand Castings market growth.

Consolidated Metco, Weichai Holding Group Co., Ltd., Nelcast Ltd., Hitachi Metals, and FERDE Corporation are some of the key players in the market.

The Asia Pacific region of the Sand Castings industry holds a significant share in the market.

Analyst Review

The global Sand Castings market attained a value of 70.9 million tons in 2021, driven by the increased vehicle production, along with rising demand for mid-and premium-segment automobiles and a lack of alternative manufacturing technologies. Factors such as changing economic conditions and increased employment, rise in spending have led to higher sales of automobiles, thus resulting in the market's expansion. The increasing trend of light-weighting in passenger cars is expected to drive the market. Aided by the growing technological advancements, development of electric and hybrid vehicles, creation of lost foam casting, and computer-based visualisation tools for die casters to build alternative moulding methods, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 5%. The market is projected to reach 95.11 million tons by 2027. Some of the leading players in the industry are Consolidated Metco, Weichai Holding Group Co., Ltd., Nelcast Ltd., Hitachi Metals, and FERDE Corporation.

Procurement Resources' detailed research approach explores deep into the industry, encompassing the macro and micro aspects of the industry. Its team of experts uses cutting-edge analytical tools and their expertise, thus, delivering its customers with market insights that are accurate and actionable and help them remain ahead of their competition.

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