Market Overview:
The global spheroidal graphite cast iron market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for spheroidal graphite cast iron from various end-use industries such as machinery & equipment, automotive, construction, oil and gas, aerospace and others. On the basis of type, the global spheroidal graphite cast iron market has been segmented into vertical molding and horizontal molding. Of these segments, vertical molding is expected to account for a larger share in terms of value and volume during the forecast period. This can be attributed to its properties such as high tensile strength and resistance against wear & tear which make it suitable for use in critical applications such as machinery & equipment industry. On the basis of application, the global spheroidal graphite cast iron market has been segmented into machinery & equipment industry; automotive industry; construction industry; oil and gas industry; aerospace industry; others (marine engineering etc.). Among these applications segments, machinery & equipment sector is expected to account for a larger share in terms of value during 2018-2030 owing to growing demand from developing countries across regions including Asia Pacific excluding Japan (APEJ), Latin America (LATAM)and Middle East Africa (MEA).
Product Definition:
A cast iron that has a spheroidal graphite structure. It is important because it has a higher strength and ductility than gray cast iron, making it more resistant to cracking.
Vertical Molding:
Vertical molding is a process of converting sheet metal into shapes by using molds. The material used in the mold can be steel, aluminum or other metals. Vertical molding has various applications such as automobile industry, construction equipment industry and packaging industry among others.
Horizontal Molding:
Horizontal molding is a process of making two or more pieces of metal sheets, plastic, or other materials which are then curved into the desired shape. The horizontal molding machine consists of upper and lower die (shaped steel plates), which are moved by hydraulic rams under high pressure. As the material is passed between these two dies, it is forced to conform to the contours of both surfaces resulting in a uniform thickness all over its surface.
Application Insights:
The machinery & equipment application segment led the global market in 2017 and is projected to witness significant growth over the forecast period. The product has a high demand for manufacturing electric motors, which are used in various industries such as automotive, construction, energy, and transportation. Furthermore, it is also used for manufacturing heavy-duty industrial machinery such as turbines and compressors that are utilized across numerous end-use applications including oil & gas production facilities and power generation plants.
The product has excellent properties including low thermal expansion coefficient along with good mechanical strength; these aforementioned factors are anticipated to further propel its demand from the construction industry over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia, Malaysia and Vietnam. Growing industrialization coupled with increasing investments in infrastructure development by these countries has resulted in a significant rise in demand for machineries & equipment as well as construction products.
The Asia Pacific regional market was followed by Europe which accounted for 24% of the total revenue share in 2017 owing to high demand from major application sectors such as machinery & equipment and automotive. In addition, rapid growth of key end-use industries such as aerospace and defense is anticipated to drive product sales over the next eight years.
Growth Factors:
- Growing demand from the automotive and transportation industry for high-performance components is expected to drive the growth of the spheroidal graphite cast iron market.
- Increasing demand for lightweight and fuel-efficient vehicles is also projected to boost the market growth in the coming years.
- Rising investments in research and development activities for developing new applications of spheroidal graphite cast iron is another key factor that would propel market expansion during the forecast period.
- Growing awareness about benefits offered by spheroidal graphite cast iron over traditional materials is anticipated to create new opportunities for players operating in this market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Spheroidal Graphite Cast Iron Market Research Report
By Type
Vertical Molding, Horizontal Molding
By Application
Machinery & Equipment, Automotive, Construction, Oil and Gas, Aerospace, Others
By Companies
Waupaca Foundry, American Axle & Manufacturing (AAM), Neenah Foundry, Metal Technologies, Cifunsa, Wescast Industries(Bohong), INTAT Precision, Chassix, Aarrowcast, Cadillac Casting, 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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Spheroidal Graphite Cast Iron Market Report Segments:
The global Spheroidal Graphite 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 and 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
- Cifunsa
- Wescast Industries(Bohong)
- INTAT Precision
- Chassix
- Aarrowcast
- Cadillac Casting
- Rochester Metal Products
- Goldens'Foundry
- Weichai
- Georg Fischer
- Dotson
- Nelcast
- Willman Industries
- Gartland Foundry
Highlights of The Spheroidal Graphite 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 and 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 Spheroidal Graphite 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?
Spheroidal graphite cast iron is a type of cast iron that has been treated with a special form of carbon called spheroidal graphite. This treatment makes the metal more resistant to rust and also gives it a smooth, polished finish.
Some of the major players in the spheroidal graphite cast iron market are Waupaca Foundry, American Axle & Manufacturing (AAM), Neenah Foundry, Metal Technologies, Cifunsa, Wescast Industries(Bohong), INTAT Precision, Chassix, Aarrowcast, Cadillac Casting, Rochester Metal Products, Goldens'Foundry, Weichai, Georg Fischer, Dotson, Nelcast, Willman Industries, Gartland Foundry.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Spheroidal Graphite 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. Spheroidal Graphite 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. Spheroidal Graphite Cast Iron Market - Supply Chain
4.5. Global Spheroidal Graphite Cast Iron Market Forecast
4.5.1. Spheroidal Graphite Cast Iron Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Spheroidal Graphite Cast Iron Market Size (000 Units) and Y-o-Y Growth
4.5.3. Spheroidal Graphite Cast Iron Market Absolute $ Opportunity
5. Global Spheroidal Graphite 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. Spheroidal Graphite 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 Spheroidal Graphite 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. Spheroidal Graphite 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 and 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 Spheroidal Graphite 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. Spheroidal Graphite 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 Spheroidal Graphite 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. Spheroidal Graphite 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 Spheroidal Graphite Cast Iron Demand Share Forecast, 2019-2026
9. North America Spheroidal Graphite 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 Spheroidal Graphite 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 Spheroidal Graphite 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 and 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 Spheroidal Graphite 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 Spheroidal Graphite Cast Iron Demand Share Forecast, 2019-2026
10. Latin America Spheroidal Graphite 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 Spheroidal Graphite 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 Spheroidal Graphite 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 and 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 Spheroidal Graphite 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 Spheroidal Graphite Cast Iron Demand Share Forecast, 2019-2026
11. Europe Spheroidal Graphite 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 Spheroidal Graphite 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 Spheroidal Graphite 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 and 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 Spheroidal Graphite Cast Iron Market Size and Volume Forecast by Type
11.7.1. Vertical Molding
11.7.2. Hoizontal Molding
11.8. 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 Spheroidal Graphite Cast Iron Demand Share, 2019-2026
12. Asia Pacific Spheroidal Graphite 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 Spheroidal Graphite 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 Spheroidal Graphite 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 and 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 Spheroidal Graphite 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 Spheroidal Graphite Cast Iron Demand Share, 2019-2026
13. Middle East & Africa Spheroidal Graphite 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 Spheroidal Graphite 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 Spheroidal Graphite 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 and 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 Spheroidal Graphite 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 Spheroidal Graphite Cast Iron Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Spheroidal Graphite Cast Iron Market: Market Share Analysis
14.2. Spheroidal Graphite Cast Iron Distributors and Customers
14.3. Spheroidal Graphite 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
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
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
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
