China’s Investment Casting Industry: Policy-Driven Upgrade and Progress
China’s investment casting industry is undergoing a structural upgrade, fueled by national manufacturing strategies and “dual carbon” goals. The industry maintained a 6.8% CAGR from 2021-2025, with 2025 exceeding 12 million tons, output reaching 1.05 million tons, and market size approaching RMB 48 billion. Regional clusters in the Yangtze River Delta, Pearl River Delta, and Bohai Rim account for 70% of national capacity.
Policy support from “Made in China 2025” and high-end equipment localization drives growth, particularly in aerospace. Domestic manufacturers have made breakthroughs in nickel-based superalloy castings for aircraft engines, with qualification rates rising from below 60% in 2015 to over 85% in 2024. Key players like Yingliu Co., Ltd. and Jixin Technology have deployed smart factories, integrating MES systems and robotic production lines to boost efficiency by 30-50%.
By 2030, the market is projected to exceed RMB 72 billion at 8%+ CAGR, with aerospace casting demand growing 10% annually. Challenges include reliance on imported high-end materials and talent shortages. The industry is shifting from “small and scattered” to “specialized and refined,” with deep downstream integration becoming a key competitive advantage.
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