Report overview
A steel casting is a metal component that is formed by pouring molten steel into a mold cavity. The liquefied steel then cools and solidifies within the mold cavity. By catering the shape of the mold, and hence the casting, to perfectly fit specifications. The casting process of steel can be difficult. It is less fluid than other metals and more reactive to mold materials.
This report aims to provide a comprehensive presentation of the global market for Steel Casting, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Steel Casting. This report contains market size and forecasts of Steel Casting in global, including the following market information:
Global Steel Casting Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Steel Casting Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Steel Casting companies in 2022 (%)
The global Steel Casting market was valued at US$ 73560 million in 2022 and is projected to reach US$ 91450 million by 2029, at a CAGR of 3.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
On the basis of product type, Carbon Steel Casting represent the largest share of the worldwide Steel Casting market, with 47.16% share. In the applications, Rail and Transit segment is estimated to be the largest end-use industry segment of the market in 2019, with 28.28% share of global market. The concentration of the market is low. Precision Castparts occupies most of the global market, with the market share of 1.5%. China holds the major share in the global market, with a share of 48.09%.
We surveyed the Steel Casting manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Steel Casting Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Steel Casting Market Segment Percentages, by Type, 2022 (%)
Carbon Steel Casting
Low-Alloy Steel Casting
High Alloy Steel Casting
Global Steel Casting Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Steel Casting Market Segment Percentages, by Application, 2022 (%)
Power Generation
Rail and Transit
Mining
Construction Machinery
Oil and Gas
Aerospace and Defense
Shipbuilding
Others
Global Steel Casting Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Steel Casting Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Steel Casting revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Steel Casting revenues share in global market, 2022 (%)
Key companies Steel Casting sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Steel Casting sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Precision Castparts
Hitachi
Doosan Heavy Industries & Construction
Kobe Steel
ME Elecmetal
Amsted Rail
Signicast (Form Technologies Company)
MetalTek International
Anhui Yingliu
Harrison Steel Casting
Peekay Steel Castings
Impro Precision
Liaoning Fu-An Heavy Industry
Tycon Alloy Industries
Japan Steel Works
Amsteel Castings
Isgec Heavy Engineering
Outline of Major Chapters:
Chapter 1: Introduces the definition of Steel Casting, market overview.
Chapter 2: Global Steel Casting market size in revenue and volume.
Chapter 3: Detailed analysis of Steel Casting manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Steel Casting in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Steel Casting capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
