Global Ductile Cast Iron Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
Ductile Iron is a type of cast iron known for its impact and fatigue resistance, elongation, and wear resistance due to the spherical (round) graphite structures in the metal. Ductile Iron is also called ductile cast iron, spheroidal graphite cast iron, or nodular cast iron.
Ductile iron castings are very strong compared to regular cast iron (gray iron). The tensile strength of cast iron is 20,000 – 60,000 psi while ductile iron starts at 60,000 psi and can go to 120,000 psi. The yield strength for ductile iron is generally 40,000 – 90,000 psi but the yield strength of cast iron is so low it is considered not measurable.
Ductile iron is great for use where you need strong metal with wear resistance. Here is a sample list of things made from or contain ductile iron: Pipe and pipe fittings, Axles, Connecting rods (like in engines), Crankshafts, Cylinders, Disc brake calipers, Gears and Gear Boxes, etc.
According to our (Global Info Research) latest study, the global Ductile Cast Iron market size was valued at US$ 31120 million in 2023 and is forecast to a readjusted size of USD 39270 million by 2030 with a CAGR of 3.4% during review period.
The major players in global Ductile Cast Iron market include Waupaca Foundry, American Axle & Manufacturing (AAM), Georg Fischer, etc. The top 3 players occupy about 35% shares of the global market. North America and China are main markets, they occupy about 70% of the global market. Vertical Molding is the main type, with a share about 65%. Automotive is the main application, which holds a share about 30%.
This report is a detailed and comprehensive analysis for global Ductile Cast Iron market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Ductile Cast Iron market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2019-2030
Global Ductile Cast Iron market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2019-2030
Global Ductile Cast Iron market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2019-2030
Global Ductile Cast Iron market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (US$/MT), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Ductile Cast Iron
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Ductile Cast Iron market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hitachi Metals, Grede Foundry, Wescast Industries, Draxton, Tianjin New Wei San Industrial, Aludyne, Metal Technologies, Inc., MAT Foundry, Castings PLC, Weichai Power (Weifang) Casting, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Ductile Cast Iron market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Vertical Molding
Horizontal Molding
Market segment by Application
Machinery & Equipment
Automotive
Construction
Oil and Gas
Aerospace
Others
Major players covered
Hitachi Metals
Grede Foundry
Wescast Industries
Draxton
Tianjin New Wei San Industrial
Aludyne
Metal Technologies, Inc.
MAT Foundry
Castings PLC
Weichai Power (Weifang) Casting
FAW Foundry Co., Ltd.
Georg Fischer
Huaxiang Group
ACO Eurobar
INTAT Precision
Meide Group
Neenah Foundry
Silbitz Group
Goldens’Foundry
Rochester Metal Products
Kutno
Denizciler
Aarrowcast, Inc.
Willman Industries
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Ductile Cast Iron product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Ductile Cast Iron, with price, sales quantity, revenue, and global market share of Ductile Cast Iron from 2019 to 2024.
Chapter 3, the Ductile Cast Iron competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Ductile Cast Iron breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Ductile Cast Iron market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Ductile Cast Iron.
Chapter 14 and 15, to describe Ductile Cast Iron sales channel, distributors, customers, research findings and conclusion.