
WEIFANG, China – May 12, 2026 – As the global precision casting market surges to $19.42 billion in 2026, driven by demand for high-precision components in automotive, aerospace, and construction machinery, Weifang Junlong Machinery Co., Ltd. (JCAST), a leading Chinese manufacturer, is strengthening its international presence by leveraging advanced silica sol investment casting technology and automated production lines.
The precision casting industry, also known as investment or lost-wax casting, is experiencing robust growth with a 5.01% CAGR projected through 2035. The Asia-Pacific region dominates with a 46% market share, where China accounts for 65% of regional output, fueled by its robust manufacturing sector and policy support for advanced casting technologies.“Globally, manufacturers are shifting from traditional sand casting to precision casting to achieve tighter tolerances (under 0.01mm), superior surface finish, and reduced machining costs,” said a industry analyst. “Aerospace and automotive sectors lead demand, representing 38% and 29% of applications respectively, while construction machinery holds 16%.”