The Global Foundry Alloy Market was valued at USD 3,483 Million in 2025 and is projected to reach USD 4,706 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 4.4% during the forecast period (2026–2034). This sustained growth is propelled by robust demand from the automotive and aerospace sectors, the ongoing push for lightweight components in electric vehicles, and continuous advancements in casting technologies worldwide.

As the manufacturing industry evolves toward more efficient and sustainable production, the focus sharpens on the leading material suppliers who are driving innovation, enhancing alloy performance, and enabling the creation of complex, high-integrity components. In this analysis, we profile the Top 10 Companies in the Foundry Alloy Industry—a combination of global metal giants, specialized producers, and technology leaders shaping the future of metal casting.

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🔟 1. Norsk Hydro ASA

Headquarters: Oslo, Norway
Key Offering: Aluminum Foundry Alloys, Primary Aluminum, Billet

Norsk Hydro is a global leader in aluminum production and a premier supplier of foundry alloys, serving diverse sectors from automotive to construction. Their extensive portfolio includes high-quality primary aluminum and customized foundry alloys engineered for specific casting processes like high-pressure die casting and sand casting.

Core Strengths & Innovations:

• Leading producer of low-carbon aluminum using renewable energy

• Advanced R&D in lightweight automotive alloys for electric vehicles

• Global supply chain integrity and technical customer support

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9️⃣ 2. Elkem ASA

Headquarters: Oslo, Norway
Key Offering: Silicon-based Foundry Alloys, Ferrosilicon, Inoculants

Elkem is a world-leading supplier of silicon-based materials that are critical for foundry operations. Their foundry alloys, particularly ferrosilicon and specialized inoculants, are essential for improving the quality and properties of cast iron, enabling better strength, durability, and machinability in the final products.

Core Strengths & Innovations:

• Expertise in silicon and ferrosilicon technology

• Development of environmentally sustainable production processes

• Strong focus on customer-specific solutions and technical services

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8️⃣ 3. RUSAL

Headquarters: Moscow, Russia
Key Offering: Primary Aluminum, Aluminum-based Foundry Alloys

RUSAL is one of the world’s largest aluminum producers, with a significant presence in the foundry alloy market. The company supplies high-grade aluminum alloys tailored for various casting applications, leveraging its vast production capacity and vertical integration from bauxite mining to metal production.

Core Strengths & Innovations:

• Extensive low-cost production capacity

• Development of alloys for the automotive and aerospace industries

• Investment in R&D for new alloy grades and recycling technologies

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7️⃣ 4. Vedanta Limited – Aluminum Business

Headquarters: Mumbai, India
Key Offering: Primary Aluminum, Aluminum Foundry Alloys, Billets

Vedanta’s Aluminum Business is a major player in the Indian subcontinent and a growing force globally. The company produces a wide range of foundry alloys that cater to the domestic automotive and infrastructure sectors, with a strong emphasis on cost-effectiveness and supply chain reliability.

Core Strengths & Innovations:

• Dominant market position in India

• Integrated operations from mining to metal production

• Focus on expanding value-added product portfolio

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Foundry Alloy Market – View in Detailed Research Report

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6️⃣ 5. TRIMET Aluminium SE

Headquarters: Essen, Germany
Key Offering: Aluminum Casting Alloys, Primary Aluminum, Secondary Aluminum

TRIMET is a leading European producer of aluminum and aluminum casting alloys. The company serves the continent’s robust automotive and engineering industries with high-quality foundry products, emphasizing sustainable production through a high rate of recycled material usage in its manufacturing processes.

Core Strengths & Innovations:

• Strong focus on recycling and circular economy principles

• Specialization in customized alloys for precision casting

• Strategic location serving the core European industrial market

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5️⃣ 6. Davis Alloys Manufacturing, LLC

Headquarters: Cleveland, Ohio, USA
Key Offering: Master Alloys, Hardeners, Foundry Alloy Additives

Davis Alloys is a key North American supplier specializing in master alloys and foundry additives. The company provides essential materials that foundries use to precisely control the chemical composition and microstructure of their castings, ensuring superior mechanical properties and performance.

Core Strengths & Innovations:

• Expertise in custom master alloy formulations

• Fast delivery and responsive technical support

• Serving niche markets with high-purity, specialized products

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4️⃣ 7. Aviva Metals

Headquarters: Houston, Texas, USA
Key Offering: Copper-Based Foundry Alloys, Bronze, Brass, Continuous Cast Bars

Aviva Metals is a premier manufacturer and distributor of copper-based foundry alloys, including bronze and brass. The company provides high-quality continuous cast bars and other forms used in a wide array of applications, from industrial machinery to marine components, known for their excellent corrosion resistance and conductivity.

Core Strengths & Innovations:

• Leading supplier of copper-based casting alloys in North America

• In-house continuous casting technology for consistent quality

• Comprehensive inventory and reliable supply chain

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3️⃣ 8. Belmont Metals Inc.

Headquarters: Brooklyn, New York, USA
Key Offering: Master Alloys, Non-Ferrous Alloys, Foundry Ingots

With over a century of experience, Belmont Metals is a respected supplier of non-ferrous alloys and master alloys to foundries worldwide. The company specializes in a vast range of products, including aluminum, zinc, copper, and specialty alloys, serving diverse industries with a focus on purity and consistency.

Core Strengths & Innovations:

• Long-established reputation for quality and reliability

• Extensive product portfolio catering to specific foundry needs

• Strong R&D capabilities for developing new alloy compositions

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2️⃣ 9. Bharat Aluminium Company Limited (BALCO)

Headquarters: Korba, India
Key Offering: Primary Aluminum, Aluminum Billets, Foundry Alloys

BALCO, a subsidiary of Vedanta Limited, is a key integrated aluminum producer in India. The company manufactures a range of foundry alloys that are critical for the country’s growing automotive and industrial sectors, contributing significantly to India’s self-reliance in aluminum production.

Core Strengths & Innovations:

• Strategic asset base with captive power plant

• Focus on serving the burgeoning Indian manufacturing market

• Commitment to operational excellence and cost efficiency

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1️⃣ 10. Eastern Alloys, Inc.

Headquarters: Maybrook, New York, USA
Key Offering: Zinc Die Casting Alloys, Aluminum Alloys, Master Alloys

Eastern Alloys is a leading manufacturer of zinc and aluminum die-casting alloys in North America. The company is renowned for its high-purity Zinc Alloys, which are essential for producing complex, thin-walled die-cast components used in automotive, hardware, and consumer electronics.

Core Strengths & Innovations:

• Specialization in high-quality zinc die-casting alloys

• Technical expertise in alloy development for specific applications

• Strong regional presence and customer-centric approach

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Foundry Alloy Market – View in Detailed Research Report

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🏭 Outlook: The Future of Foundry Alloys Is High-Performance and Sustainable

The foundry alloy market is undergoing a significant transformation. While traditional alloys like cast iron continue to dominate certain sectors, the industry is increasingly driven by the demand for lightweight materials, advanced high-performance alloys, and sustainable production practices.

📈 Key Trends Shaping the Market:

• Accelerated adoption of aluminum alloys for electric vehicle components

• Development of specialized superalloys for aerospace and high-temperature applications

• Increased use of recycled content and focus on circular economy models

• Integration of digital technologies for quality control and supply chain optimization

Get Full Report Here:
Foundry Alloy Market – View in Detailed Research Report

The companies profiled above are not only supplying essential materials to global manufacturing—they are actively driving innovation to meet the evolving demands for stronger, lighter, and more sustainable metal components.