Global High Chromium Steel Casting Market Growth 2024-2030

Global High Chromium Steel Casting Market Growth 2024-2030

High Chromium Steel Casting refers to cast steel that contains a high percentage of chromium, typically between 12% to 30%. This alloy is known for its exceptional hardness, wear resistance, and resistance to corrosion and abrasion. High chromium steel is often used in applications where these properties are critical, such as in the mining, cement, and energy industries.

The global High Chromium Steel Casting market size is projected to grow from US$ 5566 million in 2024 to US$ 7189 million in 2030; it is expected to grow at a CAGR of 4.4% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “High Chromium Steel Casting Industry Forecast” looks at past sales and reviews total world High Chromium Steel Casting sales in 2023, providing a comprehensive analysis by region and market sector of projected High Chromium Steel Casting sales for 2024 through 2030. With High Chromium Steel Casting sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High Chromium Steel Casting industry.

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High Chromium Steel Casting 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 High Chromium Steel Casting.

United States market for High Chromium Steel Casting is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for High Chromium Steel Casting is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for High Chromium Steel Casting is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key High Chromium Steel Casting players cover Magotteaux, Melco Precisions, Sahavit Foundry, Bradken, Foothills Steel, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of High Chromium Steel Casting market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
11%-20% Chromium
Above 20% Chromium

Segmentation by Application:
Mining
Cement
Construction
Power
Transportation
Other

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.
Magotteaux
Melco Precisions
Sahavit Foundry
Bradken
Foothills Steel
West Salisbury Foundry
Stainless Foundry & Engineering
Estanda
Christian Pfeiffer
SCAW

Key Questions Addressed in this Report

What is the 10-year outlook for the global High Chromium Steel Casting market?

What factors are driving High Chromium Steel Casting market growth, globally and by region?

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

How do High Chromium Steel Casting market opportunities vary by end market size?

How does High Chromium Steel Casting break out by Type, by Application?

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