Aircraft Engine Casting Market Analysis | 2025-2032

Attractive Opportunities

Global Demand Analysis & Sales Opportunities in Aircraft Engine Casting Market

• The annual demand for aircraft engine casting was USD 9.8 billion in 2024 and is expected to reach USD 10.5 billion in 2025, up 10.2% than the value in 2024.
• During the forecast period (2025 to 2032), the aircraft engine casting market is expected to grow at a CAGR of 3.8%. The annual demand will reach of USD 13.7 billion in 2032.
• During 2025-2032, the aircraft engine casting industry is expected to generate a cumulative sales opportunity of USD 101.24 billion.

High-Growth Market Segments:

• North America is expected to remain the largest market over the upcoming years, whereas Asia-Pacific is expected to grow at the fastest rate during the same period. 
• By Aircraft type, Commercial Aircraft is anticipated to remain the biggest demand generator for the engine casting market in the years to come.
• By Engine type, Turbofan is projected to dominate the market and is expected to grow at the fastest pace.
• By Application type, Turbine is expected to remain the major as well as the fastest-growing application.
• By Component type, Airfoils are projected to hold the major share and are anticipated to grow at a faster pace.
• By Process type, Investment Casting held the major share of the market and is expected to witness faster growth.
• By Material type, Nickel is expected to be the dominant material type, whereas Titanium is likely to be the fastest-growing material.
• By End-Use type, OE is the most dominant end-user type and is expected to lead the market during the forecasted period.

Market Statistics

Have a look at the sales opportunities presented by the aircraft engine casting market in terms of growth and market forecast.

Market Dynamics

Segment Analysis

By Aircraft Type

“Commercial aircraft is likely to remain the biggest aircraft category in terms of demand for aircraft engine casting during the forecast period.”

• The market is segmented into commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft. Commercial aircraft lead the market, driven by high passenger demand and the need for frequent maintenance. Compared to military and general aviation, commercial fleets are larger and experience more intensive engine usage, generating consistent demand for both replacement parts and new precision-cast components.
• With the rising geopolitical tensions, global defense spending rose to significantly in 2024, particularly in regions such as Europe and the Middle East. This led to stronger demand for advanced fighter jets, making military aircraft the second-largest category.

By Engine Type

“Turbofan is expected to remain the most dominant engine type in the market, while also witnessing the fastest growth during the forecast period.”

• Based on engine type, the market is segmented into turbofan engines, turboprop engines, and other engines. Turbofan engines lead the market due to their dominant role in the global aeroengine industry. They are widely used across commercial aircraft, military jets, regional aircraft, and business jets, making them the preferred engine type in the aviation industry.
• Turbofans require a large number of precision-cast components, especially in the turbine and combustor sections, where parts must withstand extreme temperatures and mechanical stress. Advanced casting techniques such as single-crystal and directionally solidified casting are essential to meet these demanding conditions.

By Application Type

“Turbine applications are expected to maintain their dominance in the market and are projected to grow at the fastest pace over the forecast period.”

• Based on the application type, the market is segmented into fans, compressors, combustion, turbines, and other applications. Turbine applications continue their dominance and are expected to be the fastest-growing segment in the market, driven by their critical role in modern engine performance. Turbine sections contain the largest number of cast components within an engine, such as blades, vanes, shrouds, and nozzles. These parts feature complex geometries and operate under extreme conditions, requiring advanced casting techniques like investment casting and single-crystal casting to ensure optimal performance and durability.
• Due to their exposure to high temperatures and intense mechanical stress, turbine components are typically made from nickel-based superalloys that demand specialized processing methods. These advanced materials and casting processes are essential to meet the stringent performance requirements of modern engines. The rising demand for fuel-efficient and high-thrust engines is driving growth in this segment, as turbine components are crucial for enhancing overall engine efficiency and performance

By Component Type

“Airfoils are expected to remain the leading component of the market and are also projected to grow at a faster pace.” 

• Based on the component type, the market is segmented into airfoils and engine structures. Airfoils play a vital role in engines by extracting energy from high-temperature, high-pressure gases and turning it into mechanical power. They are the most complex and performance-critical parts in an engine, with intricate shapes and tough material requirements, making them ideal for investment casting.
• Airfoils are made from high-strength, lightweight alloys that can withstand extreme engine environments such as high rotational speeds, elevated temperatures, and severe fatigue stresses, making them critical to aeroengine durability and performance. Each engine contains dozens or even hundreds of airfoils across different sections, including the high-pressure turbine, low-pressure turbine, and compressor. Their essential function and wide use make them a major part of the aeroengine Casting market.

?By Process Type

“Investment casting is expected to remain the most preferred casting process, maintaining its dominance while also registering the fastest growth during the forecast period.”

• Based on process type, the market is segmented into investment casting and die & other casting. Investment casting is a key technology in the aeroengine industry because it can produce very complex shapes with high precision. This is especially important for critical parts like turbine blades and vanes, which need to perform under extreme heat and stress. The process works well with tough materials like nickel alloys, titanium alloys, and stainless steel, ideal for the hot sections of an engine. It also reduces the need for extra finishing work by delivering excellent accuracy and surface quality from the start, which helps save both time and cost.
• Investment casting can create parts with thin walls, detailed shapes, and even features like small holes or slots. That makes it perfect for building the high-performance components that modern engines demand. This casting method continues to lead the aeroengine Casting market due to its ability to meet these high standards. As the demand for advanced engines rises, leading aerospace companies are putting more effort into research and development to improve casting methods and materials, so they can keep up with the fast-moving industry

By Material Type

“Nickel is projected to remain the dominant material type, while titanium is anticipated to witness the fastest growth in the coming years.”

• Based on the material type, the market is segmented into nickel parts, titanium parts, stainless steel parts, and other material-based parts. Nickel dominates more than half of the aircraft engine casting market thanks to its excellent strength and resistance to heat and corrosion, making it ideal for the extreme conditions inside a jet engine. Nickel-based alloys are widely used in the investment casting of aeroengine parts like airfoils, bearing supports, inner diffusers, and turbine frames. On average, a single engine contains about 1.8 tons of nickel alloys, making up roughly 50% of its total weight. Investment casting, along with forging, remains one of the most common methods used to shape these tough materials.
• Titanium is also gaining attention due to its high strength, low weight, and ability to withstand heat. These qualities make it ideal for improving engine performance, extending part life, and helping reduce the overall weight of the aircraft. In fact, over half of all titanium Casting produced globally are used in aerospace applications where strength and weight savings are critical. There is an increasing adoption of titanium Casting in several modern jet engine programs, making titanium the fastest-growing material in the aircraft engine casting market.

By End-User Type

“OE is expected to remain the dominant as well as the faster-growing end-user during the forecast period.”

• The OE segment of the aircraft engine casting market is set for robust growth as global aircraft production is projected to nearly double by 2034. This sharp rise reflects the growing demand for precision-cast components to support expanding commercial and defense fleets worldwide.
• Rising production of key programs like the Boeing 737 and Airbus A320 drives demand for advanced, high-quality cast components, reinforcing the OE segment’s dominance in the market. With the aviation industry steadily recovering from the pandemic, aircraft production rates are rising again, signalling strong momentum for the casting market.

Regional Analysis

“North America is expected to remain the largest market, whereas Asia-Pacific is likely to grow at the fastest rate during the forecast period.”

• North America is currently the largest and most dominant market for aircraft engine casting. This leadership is driven by the region’s status as a global aerospace manufacturing hub, supported by the strong presence of major aircraft OEMs like Boeing and Gulfstream Aerospace, as well as engine giants such as GE Aerospace and Pratt & Whitney. Particularly, GE Aerospace, is the largest user of cast parts in the region, operating multiple assembly sites across the U.S.
• Europe holds the second-largest share, largely driven by Airbus’s continued growth and success in recent years. France and Germany remain the key contributors, hosting both major manufacturing facilities and a strong aerospace supplier base

Competitive Landscape

Most of the major players compete in some of the factors, including price, service offerings, regional presence, etc. The following are the key players in the aircraft engine casting market -  Here is the list of the Top Players (Based on Dominance)

• Howmet Aerospace
• Precision Cartparts Corp. (PCC)
• Consolidated Precision Products Corp.
• Chromalloy Gas Turbine LLC
• Doncasters Group Limited
• Hitchiner Manufacturing Co., Inc.
• Impro Precision Industries Limited
• MetalTek International, Inc.

Note: The above list does not necessarily include all the top players in the market.

Are you the leading player in this market? We would love to include your name. Please write to us at [email protected]

Recent Developments/Mergers & Acquisitions:

• In 2019, CPP acquired Poly6 Technologies as a strategic step to harness new technologies aimed at enhancing the aerospace industry’s capabilities and producing high-pressure turbine components for commercial engines.
• In 2022, Doncasters acquired Uni-Pol, a global business specializing in the manufacture of superalloy cast parts. This acquisition solidifies their position as a top manufacturer of high-precision alloy components for aerospace.
• In 2022, Veritas Capital, a leading technology and government investment firm, acquired Sequa Corporation. Sequa is the parent company of Chromalloy.
• In 2024, Howmet acquired Camcraft LTD, a U.K. facility that manufactures tooling used in the investment casting process. It will be part of the Engine Products segment of Howmet.

Report Features

This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.

The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Market Segmentation

This report studies the market, covering a period of 15 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The aircraft engine casting market is segmented into the following categories:

Aircraft Engine Casting Market, by Aircraft Type

• Commercial Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Regional Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• General Aviation (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Helicopter (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Military Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Aircraft Engine Casting Market, by Engine Type

• Turbofan (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Turboprop (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Other Engines (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Aircraft Engine Casting Market, by Application Type

• Fans (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Compressor (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Combustion (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Turbine (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Other Applications (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Aircraft Engine Casting Market, by Part Type

• Airfoils (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Engine Structures (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Aircraft Engine Casting Market, by Process Type

• Investment Casting (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Die & Other Casting (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Aircraft Engine Casting Market, by Material Type

• Nickel Parts (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Titanium Parts (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Stainless Steel Parts (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Other Material-based Parts (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Aircraft Engine Casting Market, by End-User Type

• OE Sales (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Aftermarket Sales (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Aircraft Engine Casting Market, by Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, The UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: Japan, China, India, and the Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)

Research Methodology

• This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s aircraft engine casting market realities and future market possibilities for the forecast period.
• The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruit available in the market and formulating growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Options

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Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances

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