Global Iron Casting [Ferrous Castings] Market Size, Manufacturers, Growth Analysis Industry 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.
Cast iron is a family of metals produced by smelting metal, and then pouring it into a mold. The primary difference in production between wrought iron and cast iron is that cast iron is not worked with hammers and tools. There are also differences in composition—cast iron contains 2–4% carbon and other alloys, and 1–3% of silicon, which improves the casting performance of the molten metal. Small amounts of manganese and some impurities like sulfur and phosphorous may also be present. Differences between wrought iron and cast iron can also be found in the details of chemical structure and physical properties.
Due to the presence of carbon in cast iron, it may sometimes be confused with steel. However, there are significant differences. Steel contains less than 2% carbon, which enables the final product to solidify in a single microcrystalline structure. The higher carbon content of cast iron means that it solidifies as a heterogeneous alloy, and therefore has more than one microcrystalline structure present in the material.
It is the combination of high carbon content, and the presence of silicon, that gives cast iron its excellent castability.
According to APO Research, The global Iron Casting [Ferrous Castings] market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
Global Iron Casting [Ferrous Castings] key players include Waupaca Foundry, Grede Foundry, etc. Global top two manufacturers hold a share about 20%.
North America is the largest market, with a share over 40%, followed by China and Europe, both have a share over 30 percent.
In terms of product, Gray Iron Castings is the largest segment, with a share over 60%. And in terms of application, the largest application is Automotive, followed by Machinery & Equipment, Pipe & Fitting, Valves, Pumps & Compressors, Rail, etc.
This report presents an overview of global market for Iron Casting [Ferrous Castings], sales, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Iron Casting [Ferrous Castings], also provides the sales of main regions and countries. Of the upcoming market potential for Iron Casting [Ferrous Castings], and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Iron Casting [Ferrous Castings] sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Iron Casting [Ferrous Castings] market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Iron Casting [Ferrous Castings] sales, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including Waupaca Foundry, AAM(Grede Holdings), Neenah Foundry, Metal Technologies, Cifunsa, Wescast Industries, INTAT Precision, Chassix and Aarrowcast, etc.
Iron Casting [Ferrous Castings] segment by Company
Waupaca Foundry
AAM(Grede Holdings)
Neenah Foundry
Metal Technologies
Cifunsa
Wescast Industries
INTAT Precision
Chassix
Aarrowcast
Cadillac Casting
Rochester Metal Products
Goldens'Foundry
Weichai
Xinxing Ductile Iron Pipes
Georg Fischer
Faw Foundry
Huaxiang Group
Meide Casting
Iron Casting [Ferrous Castings] segment by Type
Gray Iron Castings
Ductile Iron Castings
Others
Iron Casting [Ferrous Castings] segment by Application
Machinery & Equipment
Automotive
Pipe & Fitting
Valves, Pumps & Compressors
Rail
Others
Iron Casting [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
Study Objectives1. To analyze and research the global Iron Casting [Ferrous Castings] status and future forecast, involving, sales, revenue, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, sales, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions Iron Casting [Ferrous Castings] market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify Iron Casting [Ferrous Castings] significant trends, drivers, influence factors in global and regions.
6. To analyze Iron Casting [Ferrous Castings] competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report1. 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 Iron Casting [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 Iron Casting [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 sales 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 Iron Casting [Ferrous Castings].
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter OutlineChapter 1: Provides an overview of the Iron Casting [Ferrous Castings] market, including product definition, global market growth prospects, sales value, sales volume, and average price forecasts (2019-2030).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Iron Casting [Ferrous Castings] industry.
Chapter 3: Detailed analysis of Iron Casting [Ferrous Castings] manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales and value of Iron Casting [Ferrous Castings] in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Sales and value of Iron Casting [Ferrous Castings] in country level. It provides sigmate data by type, and by application for each country/region.
Chapter 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights.
Chapter 10: Concluding Insights.