NewsFlash / Magnesium / Global Die Casting Market to Surge to $120B by 2034, Driven by EV and 3C Demand
Global Die Casting Market to Surge to $120B by 2034, Driven by EV and 3C Demand
iconJun 17, 2025 11:36
Source:SMM
[SMM Magnesium News] Global die casting market to grow from $82B (2024) to $120B by 2034 (4.7% CAGR), fueled by lightweight demand in EVs/3C sectors. Mg/Al die-casting gains traction for battery housings/aerospace components, with Asia-Pacific as key growth hub. Integrated casting tech & recycled metal applications are transforming the industry.

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