Middle East & Africa Investment Casting Market Size & Outlook
Global Market
Related Markets
MEA investment casting market highlights
- The MEA investment casting market generated a revenue of USD 196.7 million in 2025.
- The market is expected to grow at a CAGR of 3.4% from 2026 to 2033.
- In terms of segment, oil & gas was the largest revenue generating application in 2025.
- Aerospace & Defense is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2026 to 2033.
MEA data book summary
| Market revenue in 2025 | USD 196.7 million |
| Market revenue in 2033 | USD 257.6 million |
| Growth rate | 3.4% (CAGR from 2026 to 2033) |
| Largest segment | Oil & gas |
| Fastest growing segment | Aerospace & Defense |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aerospace & Defense, Automotive, Oil & Gas, Medical, Mechanical Engineering, Automation, Transportation |
| Key market players worldwide | Arconic, Hitachi Ltd, Eltek Ltd, Signet Jewelers Ltd, Berkshire Hathaway Inc Class A |
Other key industry trends
- In terms of revenue, MEA region accounted for 1.1% of the global investment casting market in 2025.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,110.3 million by 2033.
In Middle East & Africa, the investment castings market is mainly dominated by the oil & gas industry. Investment casting sales primarily consists of components such as turbines, motors, pumps, gas compressors, valves, and gears primarily for the region’s oil & gas industry.
Investment casting process in the Middle East & Africa is used in the manufacturing of several components in the production of heavy machinery parts. The supportive policies of the Middle East government have contributed significantly to market growth in recent years since the aerospace industry has received a boost in terms of imported materials and impetus for regional manufacturing.
Increasing foreign investments in the region and the growth in car sales are expected to prompt manufacturers to set up their production bases in the region, which is further likely to drive the demand for investment cast products.
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Publish Date: Mar 05, 2026
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Investment Casting Market Scope
Investment Casting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hitachi Ltd | View profile | 322,525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | www.hitachi.com |
| Arconic | View profile | 10001+ | Pittsburgh, Pennsylvania, United States, North America | www.arconic.com |
| Berkshire Hathaway Inc Class A | View profile | 396,500 | 3555 Farnam Street, Omaha, NE, United States, 68131 | www.berkshirehathaway.com |
| Signet Jewelers Ltd | View profile | 27,991 | 2 Church Street, Clarendon House, Hamilton, Bermuda, HM11 | www.signetjewelers.com |
| Alcoa Corp | View profile | 13,600 | 201 Isabella Street, Suite 500, Pittsburgh, PA, United States, 15212-5858 | www.alcoa.com |
| Eltek Ltd | View profile | 333 | 20 Ben Zion Gelis Street, Sgoola Industrial Zone, Petach Tikva, Israel, 4927920 | www.nisteceltek.com |
| Precision Castparts | View profile | 10001+ | Portland, Oregon, United States, North America | precast.com |
| Cirex | View profile | 251-500 | Almeloo, Overijssel, The Netherlands, Europe | cirex.nl/ |
| MetalTek International | View profile | 1001-5000 | Waukesha, Wisconsin, United States, North America | www.metaltek.com/ |
| Milwaukee Precision Casting | View profile | 51-100 | Milwaukee, Wisconsin, United States, North America | www.milwaukeeprec.com/ |
Middle East & Africa Investment Casting Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Investment Casting Market Outlook will help companies and investors design strategic landscapes.
Oil & Gas was the largest segment with a revenue share of 46.52% in 2025.
Horizon Databook has segmented the Middle East & Africa investment casting market based on aerospace & defense, automotive, oil & gas, medical, mechanical engineering, automation, transportation covering the revenue growth of each sub-segment from 2021 to 2033.
In Middle East & Africa, the investment castings market is mainly dominated by the oil & gas industry. Investment casting sales primarily consists of components such as turbines, motors, pumps, gas compressors, valves, and gears primarily for the region’s oil & gas industry.
Investment casting process in the Middle East & Africa is used in the manufacturing of several components in the production of heavy machinery parts. The supportive policies of the Middle East government have contributed significantly to market growth in recent years since the aerospace industry has received a boost in terms of imported materials and impetus for regional manufacturing.
Increasing foreign investments in the region and the growth in car sales are expected to prompt manufacturers to set up their production bases in the region, which is further likely to drive the demand for investment cast products.
- Middle East & Africa Investment Casting Market Application Outlook (Revenue, USD Million , 2021-2033)
- Aerospace & Defense
- Automotive
- Oil & Gas
- Medical
- Mechanical Engineering
- Automation
- Transportation
- Others
- Middle East & Africa Investment Casting Market Material Outlook (Revenue, USD Million , 2021-2033)
- Alumina-based
- Zirconia-based
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa Investment Casting Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Investment Casting Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Middle East Africa Investment Casting Market, 2021-2033 (US$M)
MEA investment casting market statistics, by application, 2021-2033 (US$M)
