Iron Casting [Ferrous Castings] Industry Research Report 2024

Iron Casting [Ferrous Castings] Industry Research Report 2024


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 was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

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.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Iron Casting [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 Iron Casting [Ferrous Castings].

The report will help the Iron Casting [Ferrous Castings] manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

The Iron Casting [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 Iron Casting [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:

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

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 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 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 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 Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Iron Casting [Ferrous Castings] manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Iron Casting [Ferrous Castings] by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Iron Casting [Ferrous Castings] in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.
Chapter 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Iron Casting [Ferrous Castings] by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
2.2.2 Gray Iron Castings
2.2.3 Ductile Iron Castings
2.2.4 Others
2.3 Iron Casting [Ferrous Castings] by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Machinery & Equipment
2.3.3 Automotive
2.3.4 Pipe & Fitting
2.3.5 Valves, Pumps & Compressors
2.3.6 Rail
2.3.7 Others
2.4 Global Market Growth Prospects
2.4.1 Global Iron Casting [Ferrous Castings] Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global Iron Casting [Ferrous Castings] Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global Iron Casting [Ferrous Castings] Production Estimates and Forecasts (2019-2030)
2.4.4 Global Iron Casting [Ferrous Castings] Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global Iron Casting [Ferrous Castings] Production by Manufacturers (2019-2024)
3.2 Global Iron Casting [Ferrous Castings] Production Value by Manufacturers (2019-2024)
3.3 Global Iron Casting [Ferrous Castings] Average Price by Manufacturers (2019-2024)
3.4 Global Iron Casting [Ferrous Castings] Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Iron Casting [Ferrous Castings] Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Iron Casting [Ferrous Castings] Manufacturers, Product Type & Application
3.7 Global Iron Casting [Ferrous Castings] Manufacturers, Date of Enter into This Industry
3.8 Global Iron Casting [Ferrous Castings] Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Waupaca Foundry
4.1.1 Waupaca Foundry Iron Casting [Ferrous Castings] Company Information
4.1.2 Waupaca Foundry Iron Casting [Ferrous Castings] Business Overview
4.1.3 Waupaca Foundry Iron Casting [Ferrous Castings] Production Capacity, Value and Gross Margin (2019-2024)
4.1.4 Waupaca Foundry Product Portfolio
4.1.5 Waupaca Foundry Recent Developments
4.2 AAM(Grede Holdings)
4.2.1 AAM(Grede Holdings) Iron Casting [Ferrous Castings] Company Information
4.2.2 AAM(Grede Holdings) Iron Casting [Ferrous Castings] Business Overview
4.2.3 AAM(Grede Holdings) Iron Casting [Ferrous Castings] Production Capacity, Value and Gross Margin (2019-2024)
4.2.4 AAM(Grede Holdings) Product Portfolio
4.2.5 AAM(Grede Holdings) Recent Developments
4.3 Neenah Foundry
4.3.1 Neenah Foundry Iron Casting [Ferrous Castings] Company Information
4.3.2 Neenah Foundry Iron Casting [Ferrous Castings] Business Overview
4.3.3 Neenah Foundry Iron Casting [Ferrous Castings] Production Capacity, Value and Gross Margin (2019-2024)
4.3.4 Neenah Foundry Product Portfolio
4.3.5 Neenah Foundry Recent Developments
4.4 Metal Technologies
4.4.1 Metal Technologies Iron Casting [Ferrous Castings] Company Information
4.4.2 Metal Technologies Iron Casting [Ferrous Castings] Business Overview
4.4.3 Metal Technologies Iron Casting [Ferrous Castings] Production Capacity, Value and Gross Margin (2019-2024)
4.4.4 Metal Technologies Product Portfolio
4.4.5 Metal Technologies Recent Developments
4.5 Cifunsa
4.5.1 Cifunsa Iron Casting [Ferrous Castings] Company Information
4.5.2 Cifunsa Iron Casting [Ferrous Castings] Business Overview
4.5.3 Cifunsa Iron Casting [Ferrous Castings] Production Capacity, Value and Gross Margin (2019-2024)
4.5.4 Cifunsa Product Portfolio
4.5.5 Cifunsa Recent Developments
4.6 Wescast Industries
4.6.1 Wescast Industries Iron Casting [Ferrous Castings] Company Information
4.6.2 Wescast Industries Iron Casting [Ferrous Castings] Business Overview
4.6.3 Wescast Industries Iron Casting [Ferrous Castings] Production Capacity, Value and Gross Margin (2019-2024)
4.6.4 Wescast Industries Product Portfolio
4.6.5 Wescast Industries Recent Developments
4.7 INTAT Precision
4.7.1 INTAT Precision Iron Casting [Ferrous Castings] Company Information
4.7.2 INTAT Precision Iron Casting [Ferrous Castings] Business Overview
4.7.3 INTAT Precision Iron Casting [Ferrous Castings] Production Capacity, Value and Gross Margin (2019-2024)
4.7.4 INTAT Precision Product Portfolio
4.7.5 INTAT Precision Recent Developments
4.8 Chassix
4.8.1 Chassix Iron Casting [Ferrous Castings] Company Information
4.8.2 Chassix Iron Casting [Ferrous Castings] Business Overview
4.8.3 Chassix Iron Casting [Ferrous Castings] Production Capacity, Value and Gross Margin (2019-2024)
4.8.4 Chassix Product Portfolio
4.8.5 Chassix Recent Developments
4.9 Aarrowcast
4.9.1 Aarrowcast Iron Casting [Ferrous Castings] Company Information
4.9.2 Aarrowcast Iron Casting [Ferrous Castings] Business Overview
4.9.3 Aarrowcast Iron Casting [Ferrous Castings] Production Capacity, Value and Gross Margin (2019-2024)
4.9.4 Aarrowcast Product Portfolio
4.9.5 Aarrowcast Recent Developments
4.10 Cadillac Casting
4.10.1 Cadillac Casting Iron Casting [Ferrous Castings] Company Information
4.10.2 Cadillac Casting Iron Casting [Ferrous Castings] Business Overview
4.10.3 Cadillac Casting Iron Casting [Ferrous Castings] Production Capacity, Value and Gross Margin (2019-2024)
4.10.4 Cadillac Casting Product Portfolio
4.10.5 Cadillac Casting Recent Developments
4.11 Rochester Metal Products
4.11.1 Rochester Metal Products Iron Casting [Ferrous Castings] Company Information
4.11.2 Rochester Metal Products Iron Casting [Ferrous Castings] Business Overview
4.11.3 Rochester Metal Products Iron Casting [Ferrous Castings] Production Capacity, Value and Gross Margin (2019-2024)
4.11.4 Rochester Metal Products Product Portfolio
4.11.5 Rochester Metal Products Recent Developments
4.12 Goldens'Foundry
4.12.1 Goldens'Foundry Iron Casting [Ferrous Castings] Company Information
4.12.2 Goldens'Foundry Iron Casting [Ferrous Castings] Business Overview
4.12.3 Goldens'Foundry Iron Casting [Ferrous Castings] Production Capacity, Value and Gross Margin (2019-2024)
4.12.4 Goldens'Foundry Product Portfolio
4.12.5 Goldens'Foundry Recent Developments
4.13 Weichai
4.13.1 Weichai Iron Casting [Ferrous Castings] Company Information
4.13.2 Weichai Iron Casting [Ferrous Castings] Business Overview
4.13.3 Weichai Iron Casting [Ferrous Castings] Production Capacity, Value and Gross Margin (2019-2024)
4.13.4 Weichai Product Portfolio
4.13.5 Weichai Recent Developments
4.14 Xinxing Ductile Iron Pipes
4.14.1 Xinxing Ductile Iron Pipes Iron Casting [Ferrous Castings] Company Information
4.14.2 Xinxing Ductile Iron Pipes Iron Casting [Ferrous Castings] Business Overview
4.14.3 Xinxing Ductile Iron Pipes Iron Casting [Ferrous Castings] Production Capacity, Value and Gross Margin (2019-2024)
4.14.4 Xinxing Ductile Iron Pipes Product Portfolio
4.14.5 Xinxing Ductile Iron Pipes Recent Developments
4.15 Georg Fischer
4.15.1 Georg Fischer Iron Casting [Ferrous Castings] Company Information
4.15.2 Georg Fischer Iron Casting [Ferrous Castings] Business Overview
4.15.3 Georg Fischer Iron Casting [Ferrous Castings] Production Capacity, Value and Gross Margin (2019-2024)
4.15.4 Georg Fischer Product Portfolio
4.15.5 Georg Fischer Recent Developments
4.16 Faw Foundry
4.16.1 Faw Foundry Iron Casting [Ferrous Castings] Company Information
4.16.2 Faw Foundry Iron Casting [Ferrous Castings] Business Overview
4.16.3 Faw Foundry Iron Casting [Ferrous Castings] Production Capacity, Value and Gross Margin (2019-2024)
4.16.4 Faw Foundry Product Portfolio
4.16.5 Faw Foundry Recent Developments
4.17 Huaxiang Group
4.17.1 Huaxiang Group Iron Casting [Ferrous Castings] Company Information
4.17.2 Huaxiang Group Iron Casting [Ferrous Castings] Business Overview
4.17.3 Huaxiang Group Iron Casting [Ferrous Castings] Production Capacity, Value and Gross Margin (2019-2024)
4.17.4 Huaxiang Group Product Portfolio
4.17.5 Huaxiang Group Recent Developments
4.18 Meide Casting
4.18.1 Meide Casting Iron Casting [Ferrous Castings] Company Information
4.18.2 Meide Casting Iron Casting [Ferrous Castings] Business Overview
4.18.3 Meide Casting Iron Casting [Ferrous Castings] Production Capacity, Value and Gross Margin (2019-2024)
4.18.4 Meide Casting Product Portfolio
4.18.5 Meide Casting Recent Developments
5 Global Iron Casting [Ferrous Castings] Production by Region
5.1 Global Iron Casting [Ferrous Castings] Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Iron Casting [Ferrous Castings] Production by Region: 2019-2030
5.2.1 Global Iron Casting [Ferrous Castings] Production by Region: 2019-2024
5.2.2 Global Iron Casting [Ferrous Castings] Production Forecast by Region (2025-2030)
5.3 Global Iron Casting [Ferrous Castings] Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Iron Casting [Ferrous Castings] Production Value by Region: 2019-2030
5.4.1 Global Iron Casting [Ferrous Castings] Production Value by Region: 2019-2024
5.4.2 Global Iron Casting [Ferrous Castings] Production Value Forecast by Region (2025-2030)
5.5 Global Iron Casting [Ferrous Castings] Market Price Analysis by Region (2019-2024)
5.6 Global Iron Casting [Ferrous Castings] Production and Value, YOY Growth
5.6.1 North America Iron Casting [Ferrous Castings] Production Value Estimates and Forecasts (2019-2030)
5.6.2 Europe Iron Casting [Ferrous Castings] Production Value Estimates and Forecasts (2019-2030)
5.6.3 China Iron Casting [Ferrous Castings] Production Value Estimates and Forecasts (2019-2030)
5.6.4 Japan Iron Casting [Ferrous Castings] Production Value Estimates and Forecasts (2019-2030)
5.6.5 India Iron Casting [Ferrous Castings] Production Value Estimates and Forecasts (2019-2030)
6 Global Iron Casting [Ferrous Castings] Consumption by Region
6.1 Global Iron Casting [Ferrous Castings] Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Iron Casting [Ferrous Castings] Consumption by Region (2019-2030)
6.2.1 Global Iron Casting [Ferrous Castings] Consumption by Region: 2019-2030
6.2.2 Global Iron Casting [Ferrous Castings] Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America Iron Casting [Ferrous Castings] Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America Iron Casting [Ferrous Castings] Consumption by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe Iron Casting [Ferrous Castings] Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe Iron Casting [Ferrous Castings] Consumption by Country (2019-2030)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific
6.5.1 Asia Pacific Iron Casting [Ferrous Castings] Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific Iron Casting [Ferrous Castings] Consumption by Country (2019-2030)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 China Taiwan
6.5.7 Southeast Asia
6.5.8 India
6.5.9 Australia
6.6 Latin America, Middle East & Africa
6.6.1 Latin America, Middle East & Africa Iron Casting [Ferrous Castings] Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa Iron Casting [Ferrous Castings] Consumption by Country (2019-2030)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.5 GCC Countries
7 Segment by Type
7.1 Global Iron Casting [Ferrous Castings] Production by Type (2019-2030)
7.1.1 Global Iron Casting [Ferrous Castings] Production by Type (2019-2030) & (K MT)
7.1.2 Global Iron Casting [Ferrous Castings] Production Market Share by Type (2019-2030)
7.2 Global Iron Casting [Ferrous Castings] Production Value by Type (2019-2030)
7.2.1 Global Iron Casting [Ferrous Castings] Production Value by Type (2019-2030) & (US$ Million)
7.2.2 Global Iron Casting [Ferrous Castings] Production Value Market Share by Type (2019-2030)
7.3 Global Iron Casting [Ferrous Castings] Price by Type (2019-2030)
8 Segment by Application
8.1 Global Iron Casting [Ferrous Castings] Production by Application (2019-2030)
8.1.1 Global Iron Casting [Ferrous Castings] Production by Application (2019-2030) & (K MT)
8.1.2 Global Iron Casting [Ferrous Castings] Production by Application (2019-2030) & (K MT)
8.2 Global Iron Casting [Ferrous Castings] Production Value by Application (2019-2030)
8.2.1 Global Iron Casting [Ferrous Castings] Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global Iron Casting [Ferrous Castings] Production Value Market Share by Application (2019-2030)
8.3 Global Iron Casting [Ferrous Castings] Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Iron Casting [Ferrous Castings] Value Chain Analysis
9.1.1 Iron Casting [Ferrous Castings] Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Iron Casting [Ferrous Castings] Production Mode & Process
9.2 Iron Casting [Ferrous Castings] Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Iron Casting [Ferrous Castings] Distributors
9.2.3 Iron Casting [Ferrous Castings] Customers
10 Global Iron Casting [Ferrous Castings] Analyzing Market Dynamics
10.1 Iron Casting [Ferrous Castings] Industry Trends
10.2 Iron Casting [Ferrous Castings] Industry Drivers
10.3 Iron Casting [Ferrous Castings] Industry Opportunities and Challenges
10.4 Iron Casting [Ferrous Castings] Industry Restraints
11 Report Conclusion
12 Disclaimer

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