The Global Austenitic Stainless Steel Casting Market was valued at USD 12.1 Billion in 2025 and is projected to reach USD 18.7 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 4.9% during the forecast period (2024–2034). This growth is being driven by increasing demand from the oil & gas, chemical processing, and medical device industries, alongside expanding infrastructure projects and the adoption of advanced manufacturing techniques like investment casting.

As global industries demand greater durability, corrosion resistance, and precision in their components, the focus shifts to the foundries and manufacturers capable of meeting these exacting standards. In this blog, we profile the Top 10 Companies in the Austenitic Stainless Steel Casting Industry—a mix of global giants and specialized innovators shaping the future of critical industrial manufacturing.

---

🔟 1. Precision Castparts Corp (PCC)

Headquarters: Portland, Oregon, USA
Key Offering: Investment Castings, Forged Components, Complex Engineered Products

A Berkshire Hathaway company, Precision Castparts Corp is a global leader in complex metal components and products. Its casting division is renowned for producing high-integrity austenitic stainless steel parts for the aerospace, power generation, and industrial gas turbine markets, where failure is not an option.

Innovation & Capabilities:

• Proprietary casting processes for near-net-shape components

• Significant R&D investment in advanced alloy development

• Global manufacturing footprint serving Fortune 100 clients

Download FREE Sample Report: Austenitic Stainless Steel Casting Market – View in Detailed Research Report

---

9️⃣ 2. Impro Precision

Headquarters: Hong Kong
Key Offering: Precision Investment Castings, Machined Components

Impro Precision operates advanced manufacturing facilities across the globe, specializing in high-precision austenitic stainless steel castings. The company serves a diverse clientele in the automotive, hydraulic, and medical sectors, leveraging its expertise in producing intricate and high-performance parts.

Innovation & Capabilities:

• State-of-the-art investment casting technology

• Strong focus on quality management and certification (AS9100, IATF 16949)

---

8️⃣ 3. Shanxi Huaxing Group

Headquarters: Taiyuan, Shanxi, China
Key Offering: Stainless Steel Castings, Forgings, and Fabricated Parts

Shanxi Huaxing Group is a major force in China’s casting industry, with a significant output of austenitic stainless steel components. The company supplies a wide range of industries, including petrochemical, power generation, and mining, with a strong emphasis on large-scale and heavy castings.

Innovation & Capabilities:

• Extensive capacity for sand casting and static casting processes

• Vertically integrated operations from smelting to finished machining

---

7️⃣ 4. CIREX

Headquarters: Eindhoven, Netherlands
Key Offering: High-Precision Investment Castings in Stainless Steel

CIREX is a European specialist in investment casting, particularly for challenging applications requiring the corrosion resistance of austenitic stainless steels like 316L. The company excels in producing complex, thin-walled components for the food, chemical, and medical industries.

Innovation & Capabilities:

• Expertise in rapid prototyping and short-run production

• Focus on sustainability through efficient material use and recycling

---

6️⃣ 5. Milwaukee Precision Casting

Headquarters: Milwaukee, Wisconsin, USA
Key Offering: Austenitic Stainless Steel Investment Castings

With decades of experience, Milwaukee Precision Casting is a trusted U.S.-based supplier known for quality and reliability. The company specializes in producing corrosion-resistant castings for the valve, pump, and firearm industries, adhering to strict ASTM standards.

Innovation & Capabilities:

• CNC machining and full-quality testing services in-house

• Capability to cast a wide range of grades including CF8M (316) and CN7M (Alloy 20)

Download FREE Sample Report: Austenitic Stainless Steel Casting Market – View in Detailed Research Report

---

5️⃣ 6. TYCON ALLOY

Headquarters: Zhangjiagang, China
Key Offering: Stainless Steel, Duplex, and Super Alloy Castings

TYCON ALLOY is a rapidly growing manufacturer with a strong export focus. The company produces a broad portfolio of austenitic stainless steel castings, serving global customers in the marine, chemical, and construction equipment sectors with competitive pricing and consistent quality.

Innovation & Capabilities:

• Modern foundry equipped with advanced melting and molding technology

• Comprehensive quality control system meeting international standards

---

4️⃣ 7. RLM Industries

Headquarters: Rockford, Illinois, USA
Key Offering: Investment Castings in 300 Series Stainless Steels

RLM Industries is a specialist investment foundry focused on the 300 series austenitic stainless steels. The company is known for its engineering support and ability to produce complex components for the aerospace, defense, and commercial industries with quick turnaround times.

Innovation & Capabilities:

• Extensive experience with grades 304, 304L, 316, and 316L

• In-house pattern shop and tooling development for fast prototyping

---

3️⃣ 8. CFS Foundry

Headquarters: Enschede, Netherlands
Key Offering: Engineered Stainless Steel Castings for Heavy Industry

CFS Foundry specializes in producing large and technically challenging austenitic stainless steel castings for applications in pumps, valves, and compressors. Their engineering-driven approach ensures components meet the rigorous demands of the oil, gas, and water treatment sectors.

Innovation & Capabilities:

• Expertise in simulating casting processes to prevent defects

• Capability to handle single-piece castings weighing several tons

---

2️⃣ 9. Fonderia Augusta

Headquarters: Vicenza, Italy
Key Offering: Stainless Steel and Duplex Steel Valves & Pump Castings

Located in Italy’s industrial heartland, Fonderia Augusta combines traditional craftsmanship with modern technology. The company is a key supplier of cast components for the European valve and pump industry, with a deep understanding of corrosion-resistant alloys.

Innovation & Capabilities:

• Specialization in castings for the fluid handling industry

• Strong focus on metallurgical quality and surface finish

---

1️⃣ 10. Dean Group International

Headquarters: Manchester, United Kingdom
Key Offering: Precision Investment Castings & Machining

Dean Group International is a UK-based investment casting foundry with a global reputation for excellence. They produce high-integrity austenitic stainless steel components for sectors including aerospace, medical, and specialty engineering, where precision and material properties are critical.

Innovation & Capabilities:

• Advanced non-destructive testing (NDT) capabilities

• Technical partnership approach from design to finished part

Get Full Report Here: Austenitic Stainless Steel Casting Market – View in Detailed Research Report

---

🔧 Outlook: The Future of Austenitic Stainless Steel Casting Is Precision and Performance

The austenitic stainless steel casting market is undergoing a significant evolution. While traditional applications still drive volume, the industry is increasingly focused on high-value, precision components, advanced alloy development, and digital manufacturing technologies.

📈 Key Trends Shaping the Market:

• Growing adoption of simulation software for defect-free casting

• Rising demand for super austenitic and specialty grades for extreme environments

• Increased automation in foundries to improve consistency and reduce costs

• Strategic partnerships between foundries and end-users for co-development of components

Get Full Report Here: Austenitic Stainless Steel Casting Market – View in Detailed Research Report

The companies listed above are not only supplying essential components—they’re driving the technological advancement of modern manufacturing.