The global metal casting market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030 from USD 2.6 billion in 2018. The growth of the market is driven by factors such as increasing demand for metal castings in various industries and increasing investments in research and development activities for new technologies related to metal casting.
On the basis of type, it can be segmented into gray iron, ductile iron, malleable iron, steel, alloy; On the basis of application it can be segmented into machinery & equipment (M&E), motor vehicles (MV), pipe & fitting (P&F), valves (V), pumps & compressors (PC); On the basis of region it can be segmented into North America (NA), Latin America (LA), Europe(EU) Asia Pacific(APAC) Middle East & Africa(MEA).
Some Of The Growth Factors Of This Market:
- Increasing demand for metal castings in the automotive industry is one of the major factors driving the growth of this market.
- Increasing demand for metal castings in the construction industry is another factor driving this market's growth.
- The increasing use of metal castings in various industries such as aerospace, power generation, and oil & gas.
- Metal casting has been used since ancient times.
Industry Growth Insights published a new data on “Metal Casting Market”. The research report is titled “Metal Casting Market research by Types (Gray Iron, Ductile Iron, Malleable Iron, Steel, Alloy), By Applications (Machinery & Equipment, Motor Vehicles, Pipe & Fitting, Valves, Pumps & Compressors, Railroad Equipment, Other), By Players/Companies ThyssenKrupp, Weichai, Alcoa, Xinxing Ductile Iron Pipes, Hitachi Metals, ZYNP, Amsted Industries Inc, Grede Holdings, Georg Fischer, Faw Foundry, CITIC Dicastal, Huaxiang Group, Meide Casting, Bharat Forge, Bohai Piston, Mueller Industries, SinoJit, SMTCL, Montupet, Sinosteel XTMMC, Precision Castparts”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Metal Casting Market Research Report
By Type
Gray Iron, Ductile Iron, Malleable Iron, Steel, Alloy
By Application
Machinery & Equipment, Motor Vehicles, Pipe & Fitting, Valves, Pumps & Compressors, Railroad Equipment, Other
By Companies
ThyssenKrupp, Weichai, Alcoa, Xinxing Ductile Iron Pipes, Hitachi Metals, ZYNP, Amsted Industries Inc, Grede Holdings, Georg Fischer, Faw Foundry, CITIC Dicastal, Huaxiang Group, Meide Casting, Bharat Forge, Bohai Piston, Mueller Industries, SinoJit, SMTCL, Montupet, Sinosteel XTMMC, Precision Castparts
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Metal Casting Market Report Segments:
The global Metal Casting market is segmented on the basis of:
Types
Gray Iron, Ductile Iron, Malleable Iron, Steel, Alloy
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, Motor Vehicles, Pipe & Fitting, Valves, Pumps & Compressors, Railroad Equipment, Other
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:
- ThyssenKrupp
- Weichai
- Alcoa
- Xinxing Ductile Iron Pipes
- Hitachi Metals
- ZYNP
- Amsted Industries Inc
- Grede Holdings
- Georg Fischer
- Faw Foundry
- CITIC Dicastal
- Huaxiang Group
- Meide Casting
- Bharat Forge
- Bohai Piston
- Mueller Industries
- SinoJit
- SMTCL
- Montupet
- Sinosteel XTMMC
- Precision Castparts
Highlights of The Metal 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
- Steel
- Alloy
- By Application:
- Machinery & Equipment
- Motor Vehicles
- Pipe & Fitting
- Valves, Pumps & Compressors
- Railroad Equipment
- Other
- 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 Metal 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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- Correctly Positioning New Products
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- Product & Brand Management
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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?
Metal casting is a process of creating objects from metal by pouring the metal into a mold and then removing the object from the mold.
Some of the key players operating in the metal casting market are ThyssenKrupp, Weichai, Alcoa, Xinxing Ductile Iron Pipes, Hitachi Metals, ZYNP, Amsted Industries Inc, Grede Holdings, Georg Fischer, Faw Foundry, CITIC Dicastal, Huaxiang Group, Meide Casting, Bharat Forge, Bohai Piston, Mueller Industries, SinoJit, SMTCL, Montupet, Sinosteel XTMMC, Precision Castparts.
The metal 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. Metal 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. Metal Casting Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Metal Casting Market - Supply Chain
4.5. Global Metal Casting Market Forecast
4.5.1. Metal Casting Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Metal Casting Market Size (000 Units) and Y-o-Y Growth
4.5.3. Metal Casting Market Absolute $ Opportunity
5. Global Metal 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. Metal Casting Market Size and Volume Forecast by Type
5.3.1. Gray Iron
5.3.2. Ductile Iron
5.3.3. Malleable Iron
5.3.4. Steel
5.3.5. Alloy
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Metal 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. Metal Casting Market Size and Volume Forecast by Application
6.3.1. Machinery & Equipment
6.3.2. Motor Vehicles
6.3.3. Pipe & Fitting
6.3.4. Valves, Pumps & Compressors
6.3.5. Railroad Equipment
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Metal 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. Metal 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 Metal 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. Metal 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 Metal Casting Demand Share Forecast, 2019-2026
9. North America Metal 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 Metal 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 Metal Casting Market Size and Volume Forecast by Application
9.4.1. Machinery & Equipment
9.4.2. Motor Vehicles
9.4.3. Pipe & Fitting
9.4.4. Valves, Pumps & Compressors
9.4.5. Railroad Equipment
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Metal Casting Market Size and Volume Forecast by Type
9.7.1. Gray Iron
9.7.2. Ductile Iron
9.7.3. Malleable Iron
9.7.4. Steel
9.7.5. Alloy
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 Metal Casting Demand Share Forecast, 2019-2026
10. Latin America Metal 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 Metal 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 Metal Casting Market Size and Volume Forecast by Application
10.4.1. Machinery & Equipment
10.4.2. Motor Vehicles
10.4.3. Pipe & Fitting
10.4.4. Valves, Pumps & Compressors
10.4.5. Railroad Equipment
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Metal Casting Market Size and Volume Forecast by Type
10.7.1. Gray Iron
10.7.2. Ductile Iron
10.7.3. Malleable Iron
10.7.4. Steel
10.7.5. Alloy
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 Metal Casting Demand Share Forecast, 2019-2026
11. Europe Metal 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 Metal 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 Metal Casting Market Size and Volume Forecast by Application
11.4.1. Machinery & Equipment
11.4.2. Motor Vehicles
11.4.3. Pipe & Fitting
11.4.4. Valves, Pumps & Compressors
11.4.5. Railroad Equipment
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Metal Casting Market Size and Volume Forecast by Type
11.7.1. Gray Iron
11.7.2. Ductile Iron
11.7.3. Malleable Iron
11.7.4. Steel
11.7.5. Alloy
11.. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
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 Metal Casting Demand Share, 2019-2026
12. Asia Pacific Metal 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 Metal 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 Metal Casting Market Size and Volume Forecast by Application
12.4.1. Machinery & Equipment
12.4.2. Motor Vehicles
12.4.3. Pipe & Fitting
12.4.4. Valves, Pumps & Compressors
12.4.5. Railroad Equipment
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Metal Casting Market Size and Volume Forecast by Type
12.7.1. Gray Iron
12.7.2. Ductile Iron
12.7.3. Malleable Iron
12.7.4. Steel
12.7.5. Alloy
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 Metal Casting Demand Share, 2019-2026
13. Middle East & Africa Metal 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 Metal 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 Metal Casting Market Size and Volume Forecast by Application
13.4.1. Machinery & Equipment
13.4.2. Motor Vehicles
13.4.3. Pipe & Fitting
13.4.4. Valves, Pumps & Compressors
13.4.5. Railroad Equipment
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Metal Casting Market Size and Volume Forecast by Type
13.7.1. Gray Iron
13.7.2. Ductile Iron
13.7.3. Malleable Iron
13.7.4. Steel
13.7.5. Alloy
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 Metal Casting Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Metal Casting Market: Market Share Analysis
14.2. Metal Casting Distributors and Customers
14.3. Metal Casting Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ThyssenKrupp
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Weichai
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Alcoa
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Xinxing Ductile Iron Pipes
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hitachi Metals
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ZYNP
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Amsted Industries Inc
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Grede Holdings
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Georg Fischer
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Faw Foundry
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. CITIC Dicastal
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Huaxiang Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Meide Casting
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Bharat Forge
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Bohai Piston
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Mueller Industries
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. SinoJit
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. SMTCL
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Montupet
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Sinosteel XTMMC
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
