2026 Investment Casting Industry News: Green & Intelligent Dual Drive Accelerates High-end Domestic Replacement

April 25, 2026, Weifang — As a core foundational process in equipment manufacturing, investment casting (lost-wax casting) is undergoing structural transformation. With the global market exceeding 30 billion US dollars, China has become the industry’s core growth engine, driven by green development, intelligent manufacturing and high-end upgrading.Supported by MIIT’s green transformation plan, enterprises are promoting energy-saving technologies and low-carbon solutions, with strict environmental standards fully implemented. Intelligent technologies like 3D printing and AI quality inspection have been widely applied, improving production efficiency, casting yield and precision to meet high-end equipment requirements.Booming demand from new energy vehicles, aerospace and engineering machinery drives high-end market growth, accelerating domestic replacement of core components. Weifang, a key industrial cluster, boasts full-chain production capacity, with steady growth in domestic market share and over 20% year-on-year increase in overseas orders.Industry experts predict that the next 3-5 years will see elimination of backward capacity, with enterprises strong in R&D, quality control and green production leading the industry’s high-quality development.