Global Ferrous Castings Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Ferrous Castings Market Size, Manufacturers, Opportunities and Forecast to 2030


Casting is a process in which a liquid metal is somehow delivered into a mold that contains a hollow cavity of the intended shape. The metal and mold are then cooled, and the metal part (the casting) is extracted. Casting is most often used for making complex shapes that would be difficult or uneconomical to make by other methods. Ferrous Metals mostly contain Iron. They have small amounts of other metals or elements added, to give the required properties. Ferrous Metals are magnetic and give little resistance to corrosion.

According to APO Research, The global Ferrous Castings market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

Global Ferrous Castings key players include ThyssenKrupp, Doosan Heavy Industries & Construction, Weichai, Hitachi Metals, Xinxing Ductile Iron Pipes, etc. Global top five manufacturers hold a share nearly 15%.

China is the largest market, with a share over 40%, followed by India and Europe, both have a share about 25 percent.

In terms of product, Gray Iron Castings is the largest segment, with a share over 55%. And in terms of application, the largest application is Machinery and Equipment, followed by Motor Vehicles, Pipe and Fitting, etc.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Ferrous Castings, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ferrous Castings.

The Ferrous Castings market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Ferrous Castings market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

ThyssenKrupp
Weichai
Doosan Heavy Industries & Construction
Xinxing Ductile Iron Pipes
Hitachi Metals
ZYNP
Amsted Industries Inc
Georg Fischer
AAM(Grede Holdings)
Faw Foundry
CITIC Dicastal
Huaxiang Group
Meide Casting
Bharat Forge
Kubota
Esco Corporation
SinoJit
Mueller Industries Inc
Precision Castparts

Ferrous Castings segment by Type

Gray Iron Castings
Ductile Iron Castings
Malleable Iron Castings
Steel Castings

Ferrous Castings segment by Application

Machinery and Equipment
Motor Vehicles
Pipe and Fitting
Valves, Pumps and Compressors
Aerospace Equipment
Others

Ferrous Castings Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Ferrous Castings market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Ferrous Castings and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Ferrous Castings.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Ferrous Castings manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Ferrous Castings in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Ferrous Castings Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Ferrous Castings Sales Estimates and Forecasts (2019-2030)
1.3 Ferrous Castings Market by Type
1.3.1 Gray Iron Castings
1.3.2 Ductile Iron Castings
1.3.3 Malleable Iron Castings
1.3.4 Steel Castings
1.4 Global Ferrous Castings Market Size by Type
1.4.1 Global Ferrous Castings Market Size Overview by Type (2019-2030)
1.4.2 Global Ferrous Castings Historic Market Size Review by Type (2019-2024)
1.4.3 Global Ferrous Castings Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Ferrous Castings Sales Breakdown by Type (2019-2024)
1.5.2 Europe Ferrous Castings Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Ferrous Castings Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Ferrous Castings Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Ferrous Castings Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Ferrous Castings Industry Trends
2.2 Ferrous Castings Industry Drivers
2.3 Ferrous Castings Industry Opportunities and Challenges
2.4 Ferrous Castings Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Ferrous Castings Revenue (2019-2024)
3.2 Global Top Players by Ferrous Castings Sales (2019-2024)
3.3 Global Top Players by Ferrous Castings Price (2019-2024)
3.4 Global Ferrous Castings Industry Company Ranking, 20
22 VS 2023 VS 2024
3.5 Global Ferrous Castings Key Company Manufacturing Sites & Headquarters
3.6 Global Ferrous Castings Company, Product Type & Application
3.7 Global Ferrous Castings Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Ferrous Castings Market CR5 and HHI
3.8.2 Global Top 5 and
10 Ferrous Castings Players Market Share by Revenue in 2023
3.8.3 20
23 Ferrous Castings Tier 1, Tier 2, and Tier 3
4 Ferrous Castings Regional Status and Outlook
4.1 Global Ferrous Castings Market Size and CAGR by Region: 20
19 VS 2023 VS 2030
4.2 Global Ferrous Castings Historic Market Size by Region
4.2.1 Global Ferrous Castings Sales in Volume by Region (2019-2024)
4.2.2 Global Ferrous Castings Sales in Value by Region (2019-2024)
4.2.3 Global Ferrous Castings Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Ferrous Castings Forecasted Market Size by Region
4.3.1 Global Ferrous Castings Sales in Volume by Region (2025-2030)
4.3.2 Global Ferrous Castings Sales in Value by Region (2025-2030)
4.3.3 Global Ferrous Castings Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Ferrous Castings by Application
5.1 Ferrous Castings Market by Application
5.1.1 Machinery and Equipment
5.1.2 Motor Vehicles
5.1.3 Pipe and Fitting
5.1.4 Valves, Pumps and Compressors
5.1.5 Aerospace Equipment
5.1.6 Others
5.2 Global Ferrous Castings Market Size by Application
5.2.1 Global Ferrous Castings Market Size Overview by Application (2019-2030)
5.2.2 Global Ferrous Castings Historic Market Size Review by Application (2019-2024)
5.2.3 Global Ferrous Castings Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Ferrous Castings Sales Breakdown by Application (2019-2024)
5.3.2 Europe Ferrous Castings Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Ferrous Castings Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Ferrous Castings Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Ferrous Castings Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 ThyssenKrupp
6.1.1 ThyssenKrupp Comapny Information
6.1.2 ThyssenKrupp Business Overview
6.1.3 ThyssenKrupp Ferrous Castings Sales, Revenue and Gross Margin (2019-2024)
6.1.4 ThyssenKrupp Ferrous Castings Product Portfolio
6.1.5 ThyssenKrupp Recent Developments
6.2 Weichai
6.2.1 Weichai Comapny Information
6.2.2 Weichai Business Overview
6.2.3 Weichai Ferrous Castings Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Weichai Ferrous Castings Product Portfolio
6.2.5 Weichai Recent Developments
6.3 Doosan Heavy Industries & Construction
6.3.1 Doosan Heavy Industries & Construction Comapny Information
6.3.2 Doosan Heavy Industries & Construction Business Overview
6.3.3 Doosan Heavy Industries & Construction Ferrous Castings Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Doosan Heavy Industries & Construction Ferrous Castings Product Portfolio
6.3.5 Doosan Heavy Industries & Construction Recent Developments
6.4 Xinxing Ductile Iron Pipes
6.4.1 Xinxing Ductile Iron Pipes Comapny Information
6.4.2 Xinxing Ductile Iron Pipes Business Overview
6.4.3 Xinxing Ductile Iron Pipes Ferrous Castings Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Xinxing Ductile Iron Pipes Ferrous Castings Product Portfolio
6.4.5 Xinxing Ductile Iron Pipes Recent Developments
6.5 Hitachi Metals
6.5.1 Hitachi Metals Comapny Information
6.5.2 Hitachi Metals Business Overview
6.5.3 Hitachi Metals Ferrous Castings Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Hitachi Metals Ferrous Castings Product Portfolio
6.5.5 Hitachi Metals Recent Developments
6.6 ZYNP
6.6.1 ZYNP Comapny Information
6.6.2 ZYNP Business Overview
6.6.3 ZYNP Ferrous Castings Sales, Revenue and Gross Margin (2019-2024)
6.6.4 ZYNP Ferrous Castings Product Portfolio
6.6.5 ZYNP Recent Developments
6.7 Amsted Industries Inc
6.7.1 Amsted Industries Inc Comapny Information
6.7.2 Amsted Industries Inc Business Overview
6.7.3 Amsted Industries Inc Ferrous Castings Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Amsted Industries Inc Ferrous Castings Product Portfolio
6.7.5 Amsted Industries Inc Recent Developments
6.8 Georg Fischer
6.8.1 Georg Fischer Comapny Information
6.8.2 Georg Fischer Business Overview
6.8.3 Georg Fischer Ferrous Castings Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Georg Fischer Ferrous Castings Product Portfolio
6.8.5 Georg Fischer Recent Developments
6.9 AAM(Grede Holdings)
6.9.1 AAM(Grede Holdings) Comapny Information
6.9.2 AAM(Grede Holdings) Business Overview
6.9.3 AAM(Grede Holdings) Ferrous Castings Sales, Revenue and Gross Margin (2019-2024)
6.9.4 AAM(Grede Holdings) Ferrous Castings Product Portfolio
6.9.5 AAM(Grede Holdings) Recent Developments
6.
10 Faw Foundry
6.10.1 Faw Foundry Comapny Information
6.10.2 Faw Foundry Business Overview
6.10.3 Faw Foundry Ferrous Castings Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Faw Foundry Ferrous Castings Product Portfolio
6.10.5 Faw Foundry Recent Developments
6.
11 CITIC Dicastal
6.11.1 CITIC Dicastal Comapny Information
6.11.2 CITIC Dicastal Business Overview
6.11.3 CITIC Dicastal Ferrous Castings Sales, Revenue and Gross Margin (2019-2024)
6.11.4 CITIC Dicastal Ferrous Castings Product Portfolio
6.11.5 CITIC Dicastal Recent Developments
6.
12 Huaxiang Group
6.12.1 Huaxiang Group Comapny Information
6.12.2 Huaxiang Group Business Overview
6.12.3 Huaxiang Group Ferrous Castings Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Huaxiang Group Ferrous Castings Product Portfolio
6.12.5 Huaxiang Group Recent Developments
6.
13 Meide Casting
6.13.1 Meide Casting Comapny Information
6.13.2 Meide Casting Business Overview
6.13.3 Meide Casting Ferrous Castings Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Meide Casting Ferrous Castings Product Portfolio
6.13.5 Meide Casting Recent Developments
6.
14 Bharat Forge
6.14.1 Bharat Forge Comapny Information
6.14.2 Bharat Forge Business Overview
6.14.3 Bharat Forge Ferrous Castings Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Bharat Forge Ferrous Castings Product Portfolio
6.14.5 Bharat Forge Recent Developments
6.
15 Kubota
6.15.1 Kubota Comapny Information
6.15.2 Kubota Business Overview
6.15.3 Kubota Ferrous Castings Sales, Revenue and Gross Margin (2019-2024)
6.15.4 Kubota Ferrous Castings Product Portfolio
6.15.5 Kubota Recent Developments
6.
16 Esco Corporation
6.16.1 Esco Corporation Comapny Information
6.16.2 Esco Corporation Business Overview
6.16.3 Esco Corporation Ferrous Castings Sales, Revenue and Gross Margin (2019-2024)
6.16.4 Esco Corporation Ferrous Castings Product Portfolio
6.16.5 Esco Corporation Recent Developments
6.
17 SinoJit
6.17.1 SinoJit Comapny Information
6.17.2 SinoJit Business Overview
6.17.3 SinoJit Ferrous Castings Sales, Revenue and Gross Margin (2019-2024)
6.17.4 SinoJit Ferrous Castings Product Portfolio
6.17.5 SinoJit Recent Developments
6.
18 Mueller Industries Inc
6.18.1 Mueller Industries Inc Comapny Information
6.18.2 Mueller Industries Inc Business Overview
6.18.3 Mueller Industries Inc Ferrous Castings Sales, Revenue and Gross Margin (2019-2024)
6.18.4 Mueller Industries Inc Ferrous Castings Product Portfolio
6.18.5 Mueller Industries Inc Recent Developments
6.
19 Precision Castparts
6.19.1 Precision Castparts Comapny Information
6.19.2 Precision Castparts Business Overview
6.19.3 Precision Castparts Ferrous Castings Sales, Revenue and Gross Margin (2019-2024)
6.19.4 Precision Castparts Ferrous Castings Product Portfolio
6.19.5 Precision Castparts Recent Developments
7 North America by Country
7.1 North America Ferrous Castings Sales by Country
7.1.1 North America Ferrous Castings Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.1.2 North America Ferrous Castings Sales by Country (2019-2024)
7.1.3 North America Ferrous Castings Sales Forecast by Country (2025-2030)
7.2 North America Ferrous Castings Market Size by Country
7.2.1 North America Ferrous Castings Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.2.2 North America Ferrous Castings Market Size by Country (2019-2024)
7.2.3 North America Ferrous Castings Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Ferrous Castings Sales by Country
8.1.1 Europe Ferrous Castings Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.1.2 Europe Ferrous Castings Sales by Country (2019-2024)
8.1.3 Europe Ferrous Castings Sales Forecast by Country (2025-2030)
8.2 Europe Ferrous Castings Market Size by Country
8.2.1 Europe Ferrous Castings Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.2.2 Europe Ferrous Castings Market Size by Country (2019-2024)
8.2.3 Europe Ferrous Castings Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Ferrous Castings Sales by Country
9.1.1 Asia-Pacific Ferrous Castings Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.1.2 Asia-Pacific Ferrous Castings Sales by Country (2019-2024)
9.1.3 Asia-Pacific Ferrous Castings Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Ferrous Castings Market Size by Country
9.2.1 Asia-Pacific Ferrous Castings Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.2.2 Asia-Pacific Ferrous Castings Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Ferrous Castings Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Ferrous Castings Sales by Country
10.1.1 Latin America Ferrous Castings Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.1.2 Latin America Ferrous Castings Sales by Country (2019-2024)
10.1.3 Latin America Ferrous Castings Sales Forecast by Country (2025-2030)
10.2 Latin America Ferrous Castings Market Size by Country
10.2.1 Latin America Ferrous Castings Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.2.2 Latin America Ferrous Castings Market Size by Country (2019-2024)
10.2.3 Latin America Ferrous Castings Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Ferrous Castings Sales by Country
11.1.1 Middle East and Africa Ferrous Castings Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.1.2 Middle East and Africa Ferrous Castings Sales by Country (2019-2024)
11.1.3 Middle East and Africa Ferrous Castings Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Ferrous Castings Market Size by Country
11.2.1 Middle East and Africa Ferrous Castings Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.2.2 Middle East and Africa Ferrous Castings Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Ferrous Castings Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Ferrous Castings Value Chain Analysis
12.1.1 Ferrous Castings Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Ferrous Castings Production Mode & Process
12.2 Ferrous Castings Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Ferrous Castings Distributors
12.2.3 Ferrous Castings Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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