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Metal Casting Services in the US Procurement Price, Data and Insights
Casting is a metalworking process that involves pouring molten metal into a mold, where it then cools and solidifies in the shape of the mold. Both multiline and specialist vendors operate in the market, while aircraft manufacturers, automobile manufacturers and medical device manufacturers are the primary users of these services. Key buyers include aircraft, automobile, and medical device manufacturers.
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What’s included in this market coverage
IBISWorld's research coverage on the Metal Casting Services procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Metal Casting Services market in the United States includes Sand Casting, Die Casting, Investment Casting, Centrifugal Casting and Permanent Mold Casting. Standard coding in this coverage includes ISIC-2432-Casting of non-ferrous metals, NACE-24.53-Casting Of Light Metals, NAICS-331523-Non-ferrous metal die-casting foundries and UNSPSC-73121613-Metal casting services.
What common market terminology is included?
Common market terminology included in the Metal Casting Services procurement coverage includes Metal Forming (A metalworking process that involves reshaping, without adding or removing material, metal parts and objects), Metal Forging (A manufacturing process that involves shaping metal parts and objects at a variety of temperatures, depending on the desired outcome.) and Fused Deposition Modeling (FDM) (An alternative to conventional tooling that uses an additive manufacturing process.).
What companies are included as top suppliers?
The top companies covered in the Metal Casting Services procurement report as suppliers are Georg Fischer AG, Precision Castparts Corp, Ryobi Ltd., ThyssenKrupp Elevator AG and Sumitomo Corp.
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Metal Casting Services market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per processed pound, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Metal Casting Services market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Metal Casting Services procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Metal Casting Services market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Metal Casting Services market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Metal Casting Services?
The 2026 benchmark market price for Metal Casting Services is $22.7 per processed pound. Prices have increased at a CAGR of 1.51 from 2023-26.
Who are the top vendors in the Metal Casting Services market?
The top vendors in the Metal Casting Services market include Georg Fischer AG, Precision Castparts Corp, Ryobi Ltd., ThyssenKrupp Elevator AG and Sumitomo Corp.
What industries supply the Metal Casting Services market?
The top industries supplying the Metal Casting Services market are Metal Pipe & Tube Manufacturing in the US, Nonferrous Metal Foundry Products Manufacturing in the US, Screw, Nut & Bolt Manufacturing in the US, Aluminum Manufacturing in the US, Steel Rolling & Drawing in the US and Iron & Steel Manufacturing in the US.
What is the supply chain risk for Metal Casting Services?
Raw material volatility drives price uncertainty for buyers. Supply chain risk remains elevated in the metal casting services market due to highly volatile prices of key raw materials such as steel and aluminum. Vendors commonly transfer these cost fluctuations directly to buyers, complicating budget planning and increasing procurement costs. To mitigate sudden price spikes, buyers should adopt flexible pricing agreements and implement risk-sharing mechanisms during negotiations.
What factors affect the price of Metal Casting Services?
Performance and speed in metal casting services are critical pricing factors, as higher performance levels, such as precision and defect rates, can justify premium pricing, while faster turnaround times can enhance competitiveness and customer satisfaction. Aerospace manufacturers may pay more for castings that meet stringent tolerances and are produced within tight deadlines, with performance often measured through metrics like yield rates, cycle times, and compliance with industry-specific standards.
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