Market Overview:
The global antifriction 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 antifriction cast iron from various end-use industries, such as machine tool, agricultural machinery, combustion engine, and others. In terms of type, the boron cast iron segment is expected to lead the global market during the forecast period due to its superior properties such as high strength and wear resistance. In terms of application, the machine tool segment is projected to lead the global market duringthe forecast period owingtoits growing demand from various end-use industries across different regions.
Product Definition:
Antifriction cast iron is a type of cast iron that has been treated with a substance that reduces friction between its surfaces. This makes it ideal for use in bearings, gears, and other applications where sliding contact between components is required. Antifriction cast iron is important because it can improve the performance and life of mechanical components by reducing wear and tear.
Boron Cast Iron:
Boron cast iron is a special type of iron alloy containing boron, which is an element heavier than aluminum and silicon. The presence of this metal makes the material stronger but at the same time it increases its weight, making it more difficult to be used in machinery. Boron Cast Iron (BCI) has been used for many years as a replacement for steel in various applications such as automotive industry and construction equipment due to its properties such as high strength and lightweight.
High Phosphorus Cast Iron:
High phosphorus cast iron is a type of cast iron which contains more than 0.3% phosphorus by weight. It has certain advantages over regular phosphated or antifriction cast irons, such as the ability to withstand high temperatures and the presence of silicon, manganese, nickel and molybdenum in high abundance.
It can be used for both industrial.
Application Insights:
The machine tool segment led the global antifriction 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 precision-engineered components in various industries, including automotive, construction and mining.
The agricultural machinery segment is anticipated to witness significant growth over the coming years owing to rising demand for technologically advanced equipment from major markets including Brazil, China India and U.S., which are highly dependent on agriculture activities for their economic development.
Regional Analysis:
Asia Pacific dominated the global antifriction cast iron market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for industrial machinery and rising investments in manufacturing sector of developing economies such as China, India, and Japan. In addition, growing automotive industry coupled with rapid urbanization across these countries will drive product demand further.
The Asia Pacific regional market was valued at USD X million in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030 due to high investment made by governments for development of manufacturing sector along with favorable government policies promoting domestic production activities that are likely boost product sales over the coming years.
Europe accounted for a major share followed by North America owing both regions being major markets for precision machine tools used in various industries including aerospace & defense, automotive etc.
Growth Factors:
- Increasing demand from the automotive and heavy engineering industries for cast iron components with low friction properties.
- Growing popularity of hybrid and electric vehicles, which require more efficient and lightweight components to improve fuel economy.
- Rising investment in research and development by antifriction cast iron manufacturers to develop new products and applications.
- Increasing demand for replacement parts due to the increasing age of vehicles on the roadways.
Scope Of The Report
Report Attributes
Report Details
Report Title
Antifriction Cast Iron Market Research Report
By Type
Boron Cast Iron, High Phosphorus Cast Iron, Copper Phosphorus Titanium Cast Iron
By Application
Machine Tool, Agricultural Machinery, Combustion Engine, Others
By Companies
MetalTek, Pacific Alloy, Dandong Foundry, TH DIck, Dorrenberg Edelstahl GmbH, Itoh Kikoh, LETH IRON, MetalTek
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
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Antifriction Cast Iron Market Report Segments:
The global Antifriction Cast Iron market is segmented on the basis of:
Types
Boron Cast Iron, High Phosphorus Cast Iron, Copper Phosphorus Titanium Cast 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
Machine Tool, Agricultural Machinery, Combustion Engine, 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:
- MetalTek
- Pacific Alloy
- Dandong Foundry
- TH DIck
- Dorrenberg Edelstahl GmbH
- Itoh Kikoh
- LETH IRON
- MetalTek
Highlights of The Antifriction 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:
- Boron Cast Iron
- High Phosphorus Cast Iron
- Copper Phosphorus Titanium Cast Iron
- By Application:
- Machine Tool
- Agricultural Machinery
- Combustion Engine
- 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 Antifriction 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?
Antifriction cast iron is a type of cast iron that has been treated to reduce its friction properties. This treatment can be done by coating the iron with a material that reduces friction, or by adding elements to the alloy that also reduce friction.
Some of the major companies in the antifriction cast iron market are MetalTek, Pacific Alloy, Dandong Foundry, TH DIck, Dorrenberg Edelstahl GmbH, Itoh Kikoh, LETH IRON, MetalTek.
The antifriction cast iron market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Antifriction Cast Iron Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Antifriction Cast Iron Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Antifriction Cast Iron Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Antifriction Cast Iron Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Antifriction Cast Iron Market Size & Forecast, 2020-2028
4.5.1 Antifriction Cast Iron Market Size and Y-o-Y Growth
4.5.2 Antifriction Cast Iron Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Boron Cast Iron
5.2.2 High Phosphorus Cast Iron
5.2.3 Copper Phosphorus Titanium Cast Iron
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Machine Tool
6.2.2 Agricultural Machinery
6.2.3 Combustion Engine
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Antifriction Cast Iron Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Antifriction Cast Iron Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Boron Cast Iron
9.6.2 High Phosphorus Cast Iron
9.6.3 Copper Phosphorus Titanium Cast Iron
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Machine Tool
9.10.2 Agricultural Machinery
9.10.3 Combustion Engine
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Boron Cast Iron
10.6.2 High Phosphorus Cast Iron
10.6.3 Copper Phosphorus Titanium Cast Iron
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Machine Tool
10.10.2 Agricultural Machinery
10.10.3 Combustion Engine
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Boron Cast Iron
11.6.2 High Phosphorus Cast Iron
11.6.3 Copper Phosphorus Titanium Cast Iron
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Machine Tool
11.10.2 Agricultural Machinery
11.10.3 Combustion Engine
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Boron Cast Iron
12.6.2 High Phosphorus Cast Iron
12.6.3 Copper Phosphorus Titanium Cast Iron
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Machine Tool
12.10.2 Agricultural Machinery
12.10.3 Combustion Engine
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Boron Cast Iron
13.6.2 High Phosphorus Cast Iron
13.6.3 Copper Phosphorus Titanium Cast Iron
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Machine Tool
13.10.2 Agricultural Machinery
13.10.3 Combustion Engine
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Antifriction Cast Iron Market: Competitive Dashboard
14.2 Global Antifriction Cast Iron Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MetalTek
14.3.2 Pacific Alloy
14.3.3 Dandong Foundry
14.3.4 TH DIck
14.3.5 Dorrenberg Edelstahl GmbH
14.3.6 Itoh Kikoh
14.3.7 LETH IRON
14.3.8 MetalTek
