Global Gray Iron Castings Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global Gray Iron Castings Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Gray Iron Castings market size was valued at US$ 55630 million in 2024 and is forecast to a readjusted size of USD 62760 million by 2031 with a CAGR of 1.8% during review period.

Gray Iron, or grey cast iron, is a type of cast iron that has a graphitic microstructure.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.

Asia Pacific was the leading regional gray iron casting market with the revenue market share about 68% in 2019, China was a major producer and consumer in the region. The follower are Europe and America, they occupied about 25% revenue market share.

The key players are Hitachi Metals, Grede Foundry, Draxton, MAT Foundry, Weichai Power (Weifang) Casting, Faw Foundry Co., Ltd., Neenah Foundry, Tianjin New Wei San Industrial, Huaxiang Group, Metal Technologies, Inc., INTAT Precision, Meide Group, Farinia Group, Rochester Metal Products, Kutno, Denizciler, Willman Industries, Aarrowcast, Inc. and so on. The top 5 companies account for nearly 3% revenue share in 2019.

This report is a detailed and comprehensive analysis for global Gray Iron Castings 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 2025, are provided.

Key Features:

Global Gray Iron Castings market size and forecasts, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031

Global Gray Iron Castings market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031

Global Gray Iron Castings market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031

Global Gray Iron Castings market shares of main players, shipments in revenue ($ Million), sales quantity (K Tons), and ASP (US$/Ton), 2020-2025

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 Gray Iron Castings

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 Gray Iron Castings 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, Draxton, MAT Foundry, Metal Technologies, Neenah Foundry, Denizciler, INTAT Precision, Kutno, Farinia Group, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Gray Iron Castings market is split by Type and by Application. For the period 2020-2031, 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
Automotive
Agriculture, Construction and Mining
Machinery & Equipment
Municipal
Energy
Others

Major players covered
Hitachi Metals
Grede Foundry
Draxton
MAT Foundry
Metal Technologies
Neenah Foundry
Denizciler
INTAT Precision
Kutno
Farinia Group
Rochester Metal Products
Willman Industries
Aarrowcast
Weichai Power (Weifang) Casting
Huaxiang Group
Meide Group
Tianjin New Wei San Industrial
Faw Foundry

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 Gray Iron Castings product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Gray Iron Castings, with price, sales quantity, revenue, and global market share of Gray Iron Castings from 2020 to 2025.

Chapter 3, the Gray Iron Castings competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Gray Iron Castings breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

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 2020 to 2031.

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 2020 to 2025.and Gray Iron Castings market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

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 Gray Iron Castings.

Chapter 14 and 15, to describe Gray Iron Castings sales channel, distributors, customers, research findings and conclusion.