The global iron casting market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of the market can be attributed to the increasing demand for iron castings in various industries such as automotive, industrial machinery, and infrastructure and construction machines. The automotive segment is expected to dominate the market with a share of over 40% by 2030 due to its high demand in this sector. The North American region is expected to lead the global iron casting market with a share of over 30% by 2030 due to its high adoption rate in this region for various applications such as automotive and industrial machinery segments.
Some Of The Growth Factors Of This Market:
- Increasing demand for Iron Casting in the construction industry is one of the major factors driving the growth of this market.
- Increasing demand for Iron Casting in automotive industry is another factor driving the growth of this market.
- Increasing demand for Iron Casting in oil and gas industry is another factor driving the growth of this market.
- Growing population and increasing disposable income are also some other factors that are expected to drive the growth of this market.
Industry Growth Insights published a new data on “Iron Casting Market”. The research report is titled “Iron Casting Market research by Types (Gray iron, Ductile iron, Malleable iron), By Applications (Automotive Segment, Industrial Machinery Segment, Infrastructure and Construction Machines), By Players/Companies Brakes India, Dandong Foundry, Grede, Grupo Industrial Saltillo, Hinduja Foundries, Hitachi Metals, OSCO Industries, ACAST, Benton Foundry, Brantingham Manufacturing, Decatur Foundry, Hua Dong Teksid, Qingdao Tian Hua Yi He Foundry Factory”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Iron Casting Market Research Report
By Type
Gray iron, Ductile iron, Malleable iron
By Application
Automotive Segment, Industrial Machinery Segment, Infrastructure and Construction Machines
By Companies
Brakes India, Dandong Foundry, Grede, Grupo Industrial Saltillo, Hinduja Foundries, Hitachi Metals, OSCO Industries, ACAST, Benton Foundry, Brantingham Manufacturing, Decatur Foundry, Hua Dong Teksid, Qingdao Tian Hua Yi He Foundry Factory
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Iron Casting Market Report Segments:
The global Iron Casting market is segmented on the basis of:
Types
Gray iron, Ductile iron, Malleable iron
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive Segment, Industrial Machinery Segment, Infrastructure and Construction Machines
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Brakes India
- Dandong Foundry
- Grede
- Grupo Industrial Saltillo
- Hinduja Foundries
- Hitachi Metals
- OSCO Industries
- ACAST
- Benton Foundry
- Brantingham Manufacturing
- Decatur Foundry
- Hua Dong Teksid
- Qingdao Tian Hua Yi He Foundry Factory
Highlights of The Iron Casting Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Gray iron
- Ductile iron
- Malleable iron
- By Application:
- Automotive Segment
- Industrial Machinery Segment
- Infrastructure and Construction Machines
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Iron Casting Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Iron casting is a process of creating objects from molten iron. The molten iron is poured into a mold, and then the object is cooled and removed from the mold.
Some of the key players operating in the iron casting market are Brakes India, Dandong Foundry, Grede, Grupo Industrial Saltillo, Hinduja Foundries, Hitachi Metals, OSCO Industries, ACAST, Benton Foundry, Brantingham Manufacturing, Decatur Foundry, Hua Dong Teksid, Qingdao Tian Hua Yi He Foundry Factory.
The iron casting market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Iron Casting Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Iron Casting Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Iron Casting Market - Supply Chain
4.5. Global Iron Casting Market Forecast
4.5.1. Iron Casting Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Iron Casting Market Size (000 Units) and Y-o-Y Growth
4.5.3. Iron Casting Market Absolute $ Opportunity
5. Global Iron Casting Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Iron Casting Market Size and Volume Forecast by Type
5.3.1. Gray iron
5.3.2. Ductile iron
5.3.3. Malleable iron
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Iron Casting Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Iron Casting Market Size and Volume Forecast by Application
6.3.1. Automotive Segment
6.3.2. Industrial Machinery Segment
6.3.3. Infrastructure and Construction Machines
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Iron Casting Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Iron Casting Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Iron Casting Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Iron Casting Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Iron Casting Demand Share Forecast, 2019-2029
9. North America Iron Casting Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Iron Casting Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Iron Casting Market Size and Volume Forecast by Application
9.4.1. Automotive Segment
9.4.2. Industrial Machinery Segment
9.4.3. Infrastructure and Construction Machines
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Iron Casting Market Size and Volume Forecast by Type
9.7.1. Gray iron
9.7.2. Ductile iron
9.7.3. Malleable iron
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Iron Casting Demand Share Forecast, 2019-2029
10. Latin America Iron Casting Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Iron Casting Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Iron Casting Market Size and Volume Forecast by Application
10.4.1. Automotive Segment
10.4.2. Industrial Machinery Segment
10.4.3. Infrastructure and Construction Machines
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Iron Casting Market Size and Volume Forecast by Type
10.7.1. Gray iron
10.7.2. Ductile iron
10.7.3. Malleable iron
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Iron Casting Demand Share Forecast, 2019-2029
11. Europe Iron Casting Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Iron Casting Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Iron Casting Market Size and Volume Forecast by Application
11.4.1. Automotive Segment
11.4.2. Industrial Machinery Segment
11.4.3. Infrastructure and Construction Machines
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Iron Casting Market Size and Volume Forecast by Type
11.7.1. Gray iron
11.7.2. Ductile iron
11.7.3. Malleable iron
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Groth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Iron Casting Demand Share, 2019-2029
12. Asia Pacific Iron Casting Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Iron Casting Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Iron Casting Market Size and Volume Forecast by Application
12.4.1. Automotive Segment
12.4.2. Industrial Machinery Segment
12.4.3. Infrastructure and Construction Machines
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Iron Casting Market Size and Volume Forecast by Type
12.7.1. Gray iron
12.7.2. Ductile iron
12.7.3. Malleable iron
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Iron Casting Demand Share, 2019-2029
13. Middle East & Africa Iron Casting Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Iron Casting Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Iron Casting Market Size and Volume Forecast by Application
13.4.1. Automotive Segment
13.4.2. Industrial Machinery Segment
13.4.3. Infrastructure and Construction Machines
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Iron Casting Market Size and Volume Forecast by Type
13.7.1. Gray iron
13.7.2. Ductile iron
13.7.3. Malleable iron
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Iron Casting Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Iron Casting Market: Market Share Analysis
14.2. Iron Casting Distributors and Customers
14.3. Iron Casting Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Brakes India
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Dandong Foundry
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Grede
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Grupo Industrial Saltillo
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hinduja Foundries
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hitachi Metals
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. OSCO Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ACAST
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Benton Foundry
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Brantingham Manufacturing
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Decatur Foundry
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hua Dong Teksid
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Qingdao Tian Hua Yi He Foundry Factory
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook