Global Gray Iron Castings Market Growth 2025-2031

Global Gray Iron Castings Market Growth 2025-2031

The global Gray Iron Castings market size is predicted to grow from US$ 53750 million in 2025 to US$ 60060 million in 2031; it is expected to grow at a CAGR of 1.9% from 2025 to 2031.

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.

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

This Insight Report provides a comprehensive analysis of the global Gray Iron 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 Gray Iron Castings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Gray Iron Castings market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gray Iron 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 Gray Iron Castings.

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

Segmentation by Type:
Vertical Molding
Horizontal Molding

Segmentation by Application:
Automotive
Agriculture, Construction and Mining
Machinery & Equipment
Municipal
Energy
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.
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

Key Questions Addressed in this Report

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

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

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

How do Gray Iron Castings market opportunities vary by end market size?

How does Gray Iron Castings break out by Type, by Application?

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