Report overview
Casting is a process in which a liquid metal is somehow delivered into a mold that contains a hollow cavity of the intended shape. The metal and mold are then cooled, and the metal part (the casting) is extracted. Casting is most often used for making complex shapes that would be difficult or uneconomical to make by other methods.
Cast iron is a family of metals produced by smelting metal, and then pouring it into a mold. The primary difference in production between wrought iron and cast iron is that cast iron is not worked with hammers and tools. There are also differences in composition?cast iron contains 2?4% carbon and other alloys, and 1?3% of silicon, which improves the casting performance of the molten metal. Small amounts of manganese and some impurities like sulfur and phosphorous may also be present. Differences between wrought iron and cast iron can also be found in the details of chemical structure and physical properties.
Due to the presence of carbon in cast iron, it may sometimes be confused with steel. However, there are significant differences. Steel contains less than 2% carbon, which enables the final product to solidify in a single microcrystalline structure. The higher carbon content of cast iron means that it solidifies as a heterogeneous alloy, and therefore has more than one microcrystalline structure present in the material.
Gray Iron, or grey cast iron, is a type of cast iron that has a graphitic microstructure. It is named after the gray color of the fracture it forms, which is due to the presence of graphite. Gray Iron is widely used in engineering applications.
Ductile iron, also known as ductile cast iron, nodular cast iron, spheroidal graphite iron, spheroidal graphite cast iron and SG iron, is a type of graphite-rich cast iron discovered in 1943 by Keith Millis. While most varieties of cast iron are weak in tension and brittle, ductile iron has much more impact and fatigue resistance, due to its nodular graphite inclusions.
This report aims to provide a comprehensive presentation of the global market for Grey and Ductile Iron Castings, 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 Grey and Ductile Iron Castings. This report contains market size and forecasts of Grey and Ductile Iron Castings in global, including the following market information:
Global Grey and Ductile Iron Castings Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Grey and Ductile Iron Castings Market Sales, 2018-2023, 2024-2029, (K Tons)
Global top five Grey and Ductile Iron Castings companies in 2022 (%)
The global Grey and Ductile Iron Castings market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The leading companies of this product are Hitachi Metals, Grede Foundry, Draxton, MAT Foundry and Metal Technologies, Inc. The competition is fierce, and the top five companies occupy only 10% of the market share.
The United States occupies 90% of the market share in North America. Germany occupies one-third of the market share in Europe.
This product is mainly used in the automotive industry. Occupies 1/2 of the consumer market.
We surveyed the Grey and Ductile Iron Castings 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 Grey and Ductile Iron Castings Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Tons)
Global Grey and Ductile Iron Castings Market Segment Percentages, by Type, 2022 (%)
Vertical Molding
Horizontal Molding
Global Grey and Ductile Iron Castings Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Tons)
Global Grey and Ductile Iron Castings Market Segment Percentages, by Application, 2022 (%)
Auto Industry
Construction
Machinery & Equipment
Aerospace
Energy
Others
Global Grey and Ductile Iron Castings Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Tons)
Global Grey and Ductile Iron Castings 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 Grey and Ductile Iron Castings revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Grey and Ductile Iron Castings revenues share in global market, 2022 (%)
Key companies Grey and Ductile Iron Castings sales in global market, 2018-2023 (Estimated), (K Tons)
Key companies Grey and Ductile Iron Castings sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hitachi Metals
Grede Foundry
Draxton
MAT Foundry
Weichai Power (Weifang) Casting
Metal Technologies, Inc.
Tianjin New Wei San Industrial
FAW Foundry Co., Ltd.
Huaxiang Group
Neenah Foundry
Wescast Industries
INTAT Precision
Castings PLC
Aludyne
Meide Group
Rochester Metal Products
Georg Fischer
Kutno
Farinia Group
ACO Eurobar
Denizciler
Silbitz Group
Willman Industries
Aarrowcast, Inc.
Goldens?Foundry
Outline of Major Chapters:
Chapter 1: Introduces the definition of Grey and Ductile Iron Castings, market overview.
Chapter 2: Global Grey and Ductile Iron Castings market size in revenue and volume.
Chapter 3: Detailed analysis of Grey and Ductile Iron Castings 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 Grey and Ductile Iron Castings 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 Grey and Ductile Iron Castings 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.
