Aerospace casting products market seen hitting $28.91 billion by 2030

The Business Research Company says the aerospace casting products market will rise from $18.71 billion in 2025 to $28.91 billion by 2030, led by aircraft production, military modernization and demand for lighter, high-performance parts. North America held the biggest share in 2025, while Asia-Pacific is projected to grow the fastest.

Why it matters: - Aerospace casting products sit inside aircraft engines, airframes, landing gear systems and defense equipment. - Demand for lighter, stronger and heat-resistant components is tied directly to aircraft efficiency, safety and performance. - The market forecast points to continued aerospace manufacturing spending even as airlines and defense buyers push for more advanced platforms.

What happened: - The Business Research Company projected the aerospace casting products market will grow from $18.71 billion in 2025 to $20.47 billion in 2026. - The report expects the market to reach $28.91 billion by 2030. - The company said that implies a 9.4% CAGR in the historical period and a 9.0% CAGR through 2030. - The report was issued Sept. 24, 2026, from London. - The company also said it has made a free sample report available here.

The details: - Aerospace casting products are metal parts made through advanced casting processes using high-performance alloys. - The parts are used in aircraft engines, airframe structural parts, landing gear systems and defense equipment. - The report said the historical growth reflects rising aircraft production, military modernization, demand for fuel-efficient airplanes, growth in commercial aviation fleets and wider use of advanced metal alloys. - Forecast growth is linked to next-generation aircraft demand, higher business jet production, more aerospace manufacturing investment and stronger demand for advanced engine components. - The report highlighted adoption of lightweight, high-performance castings. - The report also pointed to complex near-net-shape parts, high-temperature alloy castings, precision casting for critical engine elements and corrosion-resistant products. - The company said the market analysis covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The full report is available here.

Between the lines: - Rising air traffic is a core demand driver because more passengers push airlines to expand fleets and order more aircraft parts. - The report cited International Air Transport Association data showing total air passenger demand rose 8.0% in July 2024 from a year earlier, while international travel rose 10.1%. - North America held the largest market share in 2025 because of its established aerospace manufacturing base and technology depth. - Asia-Pacific is expected to be the fastest-growing region as aircraft production and aerospace manufacturing capacity expand.

What's next: - The market is expected to keep growing as aircraft makers and suppliers invest in lighter, more durable and more complex cast parts. - The report said future opportunity will also come from business jet production and expanded aerospace manufacturing infrastructure. - The company said its 2026 reports include tools such as TAM analysis, company scoring matrices, forecasting dashboards and trend analysis.

The bottom line: - Aerospace casting products are moving from a niche supply chain segment to a larger growth market, with long-term demand tied to aircraft production, fleet expansion and next-generation engine needs.