Foundries Market Report 2026

Foundries Market Overview

• Foundries market size has reached to $184.08 billion in 2025 • Expected to grow to $224.81 billion in 2030 at a compound annual growth rate (CAGR) of 4.3% • Growth Driver: Construction Industry Expansion Fuels Robust Growth In The Foundries Market • Market Trend: Advancements in Systems Foundries for the AI Era • Asia-Pacific was the largest region in 2025 and Western Europe is the fastest growing region.

What Is Covered Under Foundries Market?

Foundries refer to a type of plant where machine parts are made by melting metal and pouring it into containers with specific shapes to produce castings by pouring molten metal into Molds that are used in production of different types of metallic products to ease metal manufacturing, reduce cost of operations and produce high strength products. The main types of foundries are ferrous metal foundries and nonferrous metal foundries. Ferrous metal foundries process a variety of alloys for various applications. The foundry types are pure-play foundry and integrated device manufacturers. These are used in automobiles, pipes & fittings, agricultural machinery, electrical equipment, machine tools, and other applications.

What Is The Foundries Market Growth Forecast?

The foundries market size is expected to see steady growth in the next few years. It will grow to $224.81 billion in 2030 at a compound annual growth rate (CAGR) of 4.3%. The growth in the forecast period can be attributed to growth in aluminum and copper foundries, increasing use of magnesium and zinc castings, adoption of integrated foundry operations, rising demand from pipes and fittings industry, expansion of machine tools and electrical equipment applications. Major trends in the forecast period include adoption of ferrous metal foundries, expansion of nonferrous metal foundries, integration of pure play and integrated device foundries, growth in automotive and industrial castings, increasing demand for high-strength and cost-effective metal castings.

Global Foundries Market Segmentation

1) By Type: Ferrous Metal Foundries, Nonferrous Metal Foundries 2) By Foundry Type: Pure Play Foundry, Merchant Foundries, Jobbing Foundries 3) By Application: Automobile, Pipes and Fittings, Agricultural Machinery, Electrical Equipment, Machine Tools, Other Applications Subsegments: 1) By Ferrous Metal Foundries: Gray Iron Foundries, Ductile Iron Foundries, Steel Foundries 2) By Nonferrous Metal Foundries: Aluminum Foundries, Copper Foundries, Zinc Foundries, Magnesium Foundries

What Is The Driver Of The Foundries Market?

The growing construction industry is expected to boost the growth of the foundries market going forward. The construction industry refers to a broad sector of the economy that encompasses the planning, design, development, construction, renovation, and maintenance of physical structures and infrastructure. The construction industry requires a wide range of metal components for buildings, bridges, and infrastructure projects. These components often include structural steel beams, columns, brackets, and connectors, which are typically produced by foundries. For instance, February 2025, according to the Office for National Statistics, a UK-based government department, total annual construction output increased by 0.4% in 2024 compared with 2023. Therefore, the growing construction industry is driving the growth of the foundries industry.

Key Players In The Global Foundries Market

Major companies operating in the foundries market report are Waupaca Foundry Inc., Neenah Foundry Company, Grede Foundries Inc., Harrison Steel Castings Company, Cadillac Casting Inc., Wescast Industries Inc., Nemak S.A.B. de C.V., Cifunsa Foundry, MetalTek International, Zollern GmbH & Co. KG, Georg Fischer Ltd., Precision Castparts Corp., Howmet Aerospace Inc., Ryobi Limited, Eck Industries Inc., Gibbs Die Casting Corporation, Hitachi Metals Ltd., Reliance Foundry Co. Ltd., Alcoa Corporation, Bharat Forge Ltd., Brukar Inc., Consolidated Metco Inc.

Global Foundries Market Trends and Insights

Major companies operating in the foundries market are developing systems foundry specifically designed for the AI era. A systems foundry is a specialized manufacturing facility that designs and produces complex electronic systems and components. The systems foundry aims to address the growing demand for advanced semiconductor solutions tailored for artificial intelligence applications. For instance, in February 2024, Intel, a US-based technology company, launched world’s first systems foundry designed for the AI era. This initiative aims to provide advanced semiconductor solutions specifically tailored for the demands of artificial intelligence applications. The systems foundry focuses on high-performance chip production, utilizing cutting-edge manufacturing processes to optimize for AI workloads.

What Are Latest Mergers And Acquisitions In The Foundries Market?

In November 2025, GlobalFoundries Inc, a US-based semiconductor foundry, acquired Advanced Micro Foundry Pte Ltd for an undisclosed amount. Through this acquisition, GlobalFoundries aims to strengthen its foundry capabilities by integrating Advanced Micro Foundry’s silicon photonics manufacturing technology and expanding its portfolio of high-speed data communication and AI infrastructure solutions. Advanced Micro Foundry Pte Ltd is a Singapore-based foundry that provides silicon photonics and photonic integrated circuit manufacturing services.

Regional Outlook

Asia-Pacific was the largest region in the foundries market in 2025. Western Europe was the second-largest region in the foundries market. The regions covered in the foundries market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the foundries market are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

What Defines the Foundries Market?

The foundries market consists of sales of iron foundries, brass foundries, and bronze foundries. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Foundries Market Report 2026?

The foundries market research report is one of a series of new reports from The Business Research Company that provides market statistics, including Market Report 2026?global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the foundries Market Report 2026? The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the Market Report 2026?