Market Size: The global casting industry has reached a market size of several hundred billion US dollars, among which China is one of the largest casting markets in the world, with a GDP of 1.3 trillion RMB in 2019.
Main Producing Countries: China, the United States, Germany, Japan, and other developed countries are the main producers of the global casting industry.
Technology Development: The casting industry is continuously introducing new materials, new processes, and intelligent manufacturing technologies, such as 3D printing technology, the Internet of Things, big data, and artificial intelligence.
Environmental Policies: Governments around the world have introduced environmental policies, and the emission standards and environmental requirements for the casting industry are becoming increasingly strict, driving the industry towards green manufacturing transformation.