Global Grey and Ductile Iron Castings Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Grey and Ductile Iron Castings Market 2024 by Manufacturers, Regions, Type and Application, 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.

Gray Iron, or grey cast iron, is a type of cast iron that has a graphitic microstructure. It is named after the gray color of the fracture it forms, which is due to the presence of graphite. Gray Iron is widely used in engineering applications.

Ductile iron, also known as ductile cast iron, nodular cast iron, spheroidal graphite iron, spheroidal graphite cast iron and SG iron, is a type of graphite-rich cast iron discovered in 1943 by Keith Millis. While most varieties of cast iron are weak in tension and brittle, ductile iron has much more impact and fatigue resistance, due to its nodular graphite inclusions.

According to our (Global Info Research) latest study, the global Grey and Ductile Iron Castings market size was valued at US$ million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of %during review period.

The leading companies of this product are Hitachi Metals, Grede Foundry, Draxton, MAT Foundry and Metal Technologies, Inc. The competition is fierce, and the top five companies occupy only 10% of the market share.

The United States occupies 90% of the market share in North America. Germany occupies one-third of the market share in Europe.

This product is mainly used in the automotive industry. Occupies 1/2 of the consumer market.

This report is a detailed and comprehensive analysis for global Grey and Ductile 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 2024, are provided.

Key Features:

Global Grey and Ductile Iron Castings market size and forecasts, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2019-2030

Global Grey and Ductile Iron Castings market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2019-2030

Global Grey and Ductile 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), 2019-2030

Global Grey and Ductile Iron Castings market shares of main players, shipments in revenue ($ Million), sales quantity (K Tons), and ASP (US$/Ton), 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 Grey and Ductile 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 Grey and Ductile 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, Weichai Power (Weifang) Casting, Metal Technologies, Inc., Tianjin New Wei San Industrial, FAW Foundry Co., Ltd., Huaxiang Group, Neenah Foundry, etc.

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

Market Segmentation

Grey and Ductile Iron Castings 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
Auto Industry
Construction
Machinery & Equipment
Aerospace
Energy
Others

Major players covered
Hitachi Metals
Grede Foundry
Draxton
MAT Foundry
Weichai Power (Weifang) Casting
Metal Technologies, Inc.
Tianjin New Wei San Industrial
FAW Foundry Co., Ltd.
Huaxiang Group
Neenah Foundry
Wescast Industries
INTAT Precision
Castings PLC
Aludyne
Meide Group
Rochester Metal Products
Georg Fischer
Kutno
Farinia Group
ACO Eurobar
Denizciler
Silbitz Group
Willman Industries
Aarrowcast, Inc.
Goldens’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 Grey and Ductile Iron Castings product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Grey and Ductile Iron Castings, with price, sales quantity, revenue, and global market share of Grey and Ductile Iron Castings from 2019 to 2024.

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

Chapter 4, the Grey and Ductile Iron Castings 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 Grey and Ductile Iron Castings 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 Grey and Ductile Iron Castings.

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