Saudi Arabia Investment Casting Market Size & Outlook
Global Market
Related Markets
Saudi Arabia investment casting market highlights
- The Saudi Arabia investment casting market generated a revenue of USD 103.6 million in 2025 and is expected to reach USD 133.8 million by 2033.
- The Saudi Arabia market is expected to grow at a CAGR of 3.2% 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.
Investment casting market data book summary
| Market revenue in 2025 | USD 103.6 million |
| Market revenue in 2033 | USD 133.8 million |
| Growth rate | 3.2% (CAGR from 2026 to 2033) |
| Largest segment | Oil & gas |
| Fastest growing segment | Aerospace & Defense |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 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, Saudi Arabia accounted for 0.6% of the global investment casting market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Middle East & Africa, Saudi Arabia investment casting market is projected to lead the regional market in terms of revenue in 2033.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 31.3 million by 2033.
The Kingdom of Saudi Arabia is expected to exhibit robust economic growth owing to the implementation of structural reforms announced under the Vision 2030. New fees and taxes including extra fees on expats working in the country, value-added tax (VAT), and potential taxes imposed on the foreign businesses are expected to drive the economic growth in the country.
However, uncertainty regarding future oil prices and the impact of ongoing economic reforms are expected to hamper the country’s economic growth. Saudi Arabia is predominantly an oil-based economy with a majority of economic activities controlled by the government.
Oil-based industries comprise oil production, industrial gas, petrochemicals, and refinery of petroleum, ammonia, & caustic. Thus, the presence of a robust oil & gas sector in the country coupled with expanding manufacturing industry is anticipated to drive the demand for investment casting in oil & gas and mechanical engineering applications over the forecast period.
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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/ |
Saudi Arabia 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 51.35% in 2025.
Horizon Databook has segmented the Saudi Arabia 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.
The Kingdom of Saudi Arabia is expected to exhibit robust economic growth owing to the implementation of structural reforms announced under the Vision 2030. New fees and taxes including extra fees on expats working in the country, value-added tax (VAT), and potential taxes imposed on the foreign businesses are expected to drive the economic growth in the country.
However, uncertainty regarding future oil prices and the impact of ongoing economic reforms are expected to hamper the country’s economic growth. Saudi Arabia is predominantly an oil-based economy with a majority of economic activities controlled by the government.
Oil-based industries comprise oil production, industrial gas, petrochemicals, and refinery of petroleum, ammonia, & caustic. Thus, the presence of a robust oil & gas sector in the country coupled with expanding manufacturing industry is anticipated to drive the demand for investment casting in oil & gas and mechanical engineering applications over the forecast period.
- Saudi Arabia Investment Casting Market Application Outlook (Revenue, USD Million , 2021-2033)
- Aerospace & Defense
- Automotive
- Oil & Gas
- Medical
- Mechanical Engineering
- Automation
- Transportation
- Others
- Saudi Arabia 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 country-level data and insights on the Saudi Arabia Investment Casting Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia Investment Casting Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Saudi Arabia Investment Casting Market, 2021-2033 (US$M)
Saudi Arabia investment casting market statistics, by application, 2021-2033 (US$M)
