The Saudi Arabia foundry and casting market size is projected to exhibit a growth rate (CAGR) of 5.3% during 2025-2033. Extensive infrastructure development, the expanding automotive sector, and industrial growth under Vision 2030's economic diversification are some of the factors contributing to Saudi Arabia foundry and casting market share. Increased local content demands in oil and gas, defense, and manufacturing also fuel demand.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Growth Rate 2025-2033 | 5.3% |
Surging Demand from Construction and Infrastructure Projects
The Saudi Arabia foundry and casting market is experiencing firm growth as a result of heavy investment by the country in developing infrastructure. Vision 2030 has initiated a huge spate of construction work, ranging from mega-projects such as NEOM, Qiddiya, the Red Sea Project, and the Riyadh Metro. These projects call for huge amounts of metal parts for structural, transportation, and utility purposes. Foundries are increasing the manufacture of cast iron, steel, and aluminum components employed in pipelines, pumps, valves, frames, and machinery. Government expenditure on transport networks, industrial estates, and public utilities further reinforced downstream demand for cast parts. Moreover, joint ventures between Saudi and overseas manufacturers are increasing local capacity to deliver specifications for these massive projects. Consequently, the foundry industry is growing to serve both public infrastructure and private real estate projects, with various new plants and modernization schemes in development to satisfy increasing demand. These factors are intensifying the Saudi Arabia foundry and casting market growth.
Localization and Technology Upgradation in Manufacturing
In Saudi Arabia, the foundry and casting industry is moving towards more localization and adoption of technology. As a part of the national plan to decrease import reliance and increase local manufacturing, local foundries are being assisted to upgrade their facilities. This comprises investments in induction furnaces, state-of-the-art molding lines, simulation software, and quality testing apparatus. Meanwhile, public procurement policies are giving a boost to locally made components in the energy, water, defense, and transport industries. Industrial clusters in Dammam and Jubail are turning into clusters of technologically sophisticated foundries serving oil and gas, automotive, and machinery industries. Incentives such as the Local Content and Government Procurement Authority (LCGPA) are also encouraging capacity-building and training schemes to enhance skills in metallurgy and precision casting. The continuous localization and integration of technology are making the foundry industry in Saudi Arabia more efficient, less lead time-consuming, and more quality-focused.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on casting type, manufacturing process, and end use industry.
Casting Type Insights:
The report has provided a detailed breakup and analysis of the market based on the casting type. This includes gray iron castings, ductile iron (SG Iron) castings, steel castings, non-ferrous castings, and others.
Manufacturing Process Insights:
A detailed breakup and analysis of the market based on the manufacturing process have also been provided in the report. This includes sand casting, investment casting, die casting, centrifugal casting, and others.
End Use Industry Insights:
A detailed breakup and analysis of the market based on the end use industry have also been provided in the report. This includes automotive, railways, agriculture and tractor industry, machine tools and engineering, construction and infrastructure, aerospace and defense, power and electrical equipment, and sanitary and pipe fittings.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Casting Types Covered | Gray Iron Castings, Ductile Iron (SG Iron) Castings, Steel Castings, Non-Ferrous Castings, Others |
Manufacturing Processes Covered | Sand Casting, Investment Casting, Die Casting, Centrifugal Casting, Others |
End Use Industries Covered | Automotive, Railways, Agriculture and Tractor Industry, Machine Tools and Engineering, Construction and Infrastructure, Aerospace and Defense, Power and Electrical Equipment, Sanitary and Pipe Fittings |
Regions Covered | Northern and Central Region, Western Region, Eastern Region, Southern Region |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: