Global Ferrous Castings Market Growth 2025-2031

Global Ferrous Castings Market Growth 2025-2031

The global Ferrous Castings market size is predicted to grow from US$ 380630 million in 2025 to US$ 540450 million in 2031; it is expected to grow at a CAGR of 6.0% from 2025 to 2031.

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. Ferrous Metals mostly contain Iron. They have small amounts of other metals or elements added, to give the required properties. Ferrous Metals are magnetic and give little resistance to corrosion.

Global Ferrous Castings key players include ThyssenKrupp, Doosan Heavy Industries & Construction, Weichai, Hitachi Metals, Xinxing Ductile Iron Pipes, etc. Global top five manufacturers hold a share nearly 15%.

China is the largest market, with a share over 40%, followed by India and Europe, both have a share about 25 percent.

In terms of product, Gray Iron Castings is the largest segment, with a share over 55%. And in terms of application, the largest application is Machinery and Equipment, followed by Motor Vehicles, Pipe and Fitting, etc.

LP Information, Inc. (LPI) ' newest research report, the “Ferrous Castings Industry Forecast” looks at past sales and reviews total world Ferrous Castings sales in 2024, providing a comprehensive analysis by region and market sector of projected Ferrous Castings sales for 2025 through 2031. With Ferrous Castings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ferrous Castings industry.

This Insight Report provides a comprehensive analysis of the global Ferrous Castings landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ferrous Castings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Ferrous Castings market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ferrous Castings and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ferrous Castings.

This report presents a comprehensive overview, market shares, and growth opportunities of Ferrous Castings market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Gray Iron Castings
Ductile Iron Castings
Malleable Iron Castings
Steel Castings

Segmentation by Application:
Machinery and Equipment
Motor Vehicles
Pipe and Fitting
Valves, Pumps and Compressors
Aerospace Equipment
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ThyssenKrupp
Weichai
Doosan Heavy Industries & Construction
Xinxing Ductile Iron Pipes
Hitachi Metals
ZYNP
Amsted Industries Inc
Georg Fischer
AAM(Grede Holdings)
Faw Foundry
CITIC Dicastal
Huaxiang Group
Meide Casting
Bharat Forge
Kubota
Esco Corporation
SinoJit
Mueller Industries Inc
Precision Castparts

Key Questions Addressed in this Report

What is the 10-year outlook for the global Ferrous Castings market?

What factors are driving Ferrous Castings market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Ferrous Castings market opportunities vary by end market size?

How does Ferrous Castings break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.