Market Overview:
The global ductile cast iron market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for ductile cast iron from various end-use industries, such as machinery & equipment, automotive, construction, oil & gas and aerospace. Additionally, the growing demand for lightweight and high-strength materials is also contributing to the growth of this market. Based on type, vertical molding accounted for a larger share of the global ductile cast iron market in 2017. This segment is projected to grow at a higher CAGR than other types during the forecast period owing to its properties such as high strength and toughness coupled with good machinability.
Product Definition:
Ductile Cast Iron is a type of cast iron that has been treated to make it more ductile, or less brittle. It is used in many applications where a strong, yet deformable material is needed.
Vertical Molding:
Vertical molding is a process of converting sheet metal into shapes by means of a die or molds. It is one of the basic operations in manufacturing ductile iron and steel. The product obtained after this process has wide applications in automotive, construction, shipbuilding industries and other related activities.
The global vertical molding market size was valued at USD 1,37 billion in 2015.
Horizontal Molding:
Horizontal molding is a process of making ductile cast iron products such as pipes, channels, angles, sections by using the molds. The product made by this method has high strength and rigidity which makes it suitable for various industrial applications.
The raw material used in horizontal molding includes pig iron or steel; the temperature during the processing should be higher than 300°C but not more than 350°C so that ductile transformation takes place properly.
Application Insights:
The machinery & equipment application segment led the global ductile cast iron market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for ductile iron pipes & fittings for manufacturing plants, power plants, etc. across various industries including chemical, petrochemical and energy among others.
Ductile iron has excellent properties such as high strength-to-weight ratio; low maintenance cost; corrosion resistance; non-magnetic nature which makes it suitable for use in machines that come into contact with ferrous metals or magnets such as turbines on ships or windmills on land which are used to generate electricity along with its ability to reduce heat transfer from the machine due to its high thermal conductivity property making it an ideal material for machinery applications where efficiency is crucial like air handling units (AHU) in HVAC systems, cooling towers and process heating equipment among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing foreign investments coupled with rising industrial output. China, India, Japan, South Korea and Taiwan are some of the major countries that contribute to a large extent towards regional growth owing to their large manufacturing sector.
The demand for DCI in machinery & equipment application is anticipated to witness significant rise due to its applications in various end-use industries such as construction, automotive and aerospace among others. Growing infrastructure activities coupled with rapid urbanization across emerging economies including India and China are likely to support industry expansion over the coming years.
Growth Factors:
- Increasing demand from automotive and engineering industries for ductile cast iron products is expected to drive the market growth.
- Growing infrastructure development in emerging countries is anticipated to create new opportunities for the ductile cast iron market growth.
- Rising demand for energy-efficient and lightweight products is projected to boost the ductile cast iron market growth over the forecast period.
- Technological advancements in manufacturing processes are expected to result in higher product quality and fuel the market expansion over the next few years. 5) Growing awareness about benefits of using ductile cast iron products is likely to propel its demand across various end-use industries, thereby propelling market growth during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Ductile Cast Iron Market Research Report
By Type
Vertical Molding, Horizontal Molding
By Application
Machinery & Equipment, Automotive, Construction, Oil & Gas, Aerospace, Others
By Companies
Waupaca Foundry, American Axle & Manufacturing (AAM), Neenah Foundry, Metal Technologies, Inc., Cifunsa, Wescast Industries Bohong), INTAT Precision, Chassix, Aarrowcast, Inc., Cadillac Casting, Inc., Rochester Metal Products, Goldens'Foundry, Weichai, Georg Fischer, Dotson, Nelcast, Willman Industries, Gartland Foundry
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Ductile Cast Iron Market Report Segments:
The global Ductile Cast Iron market is segmented on the basis of:
Types
Vertical Molding, Horizontal Molding
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
Machinery & Equipment, Automotive, Construction, Oil & Gas, Aerospace, Others
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:
- Waupaca Foundry
- American Axle & Manufacturing (AAM)
- Neenah Foundry
- Metal Technologies, Inc.
- Cifunsa
- Wescast Industries Bohong)
- INTAT Precision
- Chassix
- Aarrowcast, Inc.
- Cadillac Casting, Inc.
- Rochester Metal Products
- Goldens'Foundry
- Weichai
- Georg Fischer
- Dotson
- Nelcast
- Willman Industries
- Gartland Foundry
Highlights of The Ductile Cast Iron 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:
- Vertical Molding
- Horizontal Molding
- By Application:
- Machinery & Equipment
- Automotive
- Construction
- Oil & Gas
- Aerospace
- Others
- 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 Ductile Cast Iron 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Ductile cast iron is a type of iron that can be easily shaped by heat and pressure. This makes it ideal for items like pipes, tubes, and other parts that need to be flexible but strong.
Some of the key players operating in the ductile cast iron market are Waupaca Foundry, American Axle & Manufacturing (AAM), Neenah Foundry, Metal Technologies, Inc., Cifunsa, Wescast Industries Bohong), INTAT Precision, Chassix, Aarrowcast, Inc., Cadillac Casting, Inc., Rochester Metal Products, Goldens'Foundry, Weichai, Georg Fischer, Dotson, Nelcast, Willman Industries, Gartland Foundry.
The ductile cast iron market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ductile Cast Iron 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. Ductile Cast Iron Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ductile Cast Iron Market - Supply Chain
4.5. Global Ductile Cast Iron Market Forecast
4.5.1. Ductile Cast Iron Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ductile Cast Iron Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ductile Cast Iron Market Absolute $ Opportunity
5. Global Ductile Cast Iron 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. Ductile Cast Iron Market Size and Volume Forecast by Type
5.3.1. Vertical Molding
5.3.2. Horizontal Molding
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ductile Cast Iron 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. Ductile Cast Iron Market Size and Volume Forecast by Application
6.3.1. Machinery & Equipment
6.3.2. Automotive
6.3.3. Construction
6.3.4. Oil & Gas
6.3.5. Aerospace
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ductile Cast Iron 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. Ductile Cast Iron 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 Ductile Cast Iron 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. Ductile Cast Iron 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 Ductile Cast Iron Demand Share Forecast, 2019-2026
9. North America Ductile Cast Iron 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 Ductile Cast Iron 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 Ductile Cast Iron Market Size and Volume Forecast by Application
9.4.1. Machinery & Equipment
9.4.2. Automotive
9.4.3. Construction
9.4.4. Oil & Gas
9.4.5. Aerospace
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ductile Cast Iron Market Size and Volume Forecast by Type
9.7.1. Vertical Molding
9.7.2. Horizontal Molding
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 Ductile Cast Iron Demand Share Forecast, 2019-2026
10. Latin America Ductile Cast Iron 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 Ductile Cast Iron 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 Ductile Cast Iron Market Size and Volume Forecast by Application
10.4.1. Machinery & Equipment
10.4.2. Automotive
10.4.3. Construction
10.4.4. Oil & Gas
10.4.5. Aerospace
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ductile Cast Iron Market Size and Volume Forecast by Type
10.7.1. Vertical Molding
10.7.2. Horizontal Molding
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 Ductile Cast Iron Demand Share Forecast, 2019-2026
11. Europe Ductile Cast Iron 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 Ductile Cast Iron 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 Ductile Cast Iron Market Size and Volume Forecast by Application
11.4.1. Machinery & Equipment
11.4.2. Automotive
11.4.3. Construction
11.4.4. Oil & Gas
11.4.5. Aerospace
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ductile Cast Iron Market Size and Volume Forecast by Type
11.7.1. Vertical Molding
11.7.2. Horizontal Molding
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Typ
11.10. Market Attractiveness/Growth 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 Ductile Cast Iron Demand Share, 2019-2026
12. Asia Pacific Ductile Cast Iron 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 Ductile Cast Iron 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 Ductile Cast Iron Market Size and Volume Forecast by Application
12.4.1. Machinery & Equipment
12.4.2. Automotive
12.4.3. Construction
12.4.4. Oil & Gas
12.4.5. Aerospace
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ductile Cast Iron Market Size and Volume Forecast by Type
12.7.1. Vertical Molding
12.7.2. Horizontal Molding
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 Ductile Cast Iron Demand Share, 2019-2026
13. Middle East & Africa Ductile Cast Iron 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 Ductile Cast Iron 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 Ductile Cast Iron Market Size and Volume Forecast by Application
13.4.1. Machinery & Equipment
13.4.2. Automotive
13.4.3. Construction
13.4.4. Oil & Gas
13.4.5. Aerospace
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ductile Cast Iron Market Size and Volume Forecast by Type
13.7.1. Vertical Molding
13.7.2. Horizontal Molding
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 Ductile Cast Iron Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ductile Cast Iron Market: Market Share Analysis
14.2. Ductile Cast Iron Distributors and Customers
14.3. Ductile Cast Iron Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Waupaca Foundry
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. American Axle & Manufacturing (AAM)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Neenah Foundry
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Metal Technologies, Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Cifunsa
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Wescast Industries Bohong)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. INTAT Precision
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Chassix
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Aarrowcast, Inc.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cadillac Casting, Inc.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Rochester Metal Products
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Goldens'Foundry
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Weichai
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Georg Fischer
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Dotson
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Nelcast
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Willman Industries
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Gartland Foundry
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
