Report overview
Gray Iron, or grey cast iron, is a type of cast iron that has a graphitic microstructure.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.
This report aims to provide a comprehensive presentation of the global market for Gray 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 Gray Iron Castings. This report contains market size and forecasts of Gray Iron Castings in global, including the following market information:
Global Gray Iron Castings Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Gray Iron Castings Market Sales, 2018-2023, 2024-2029, (K Tons)
Global top five Gray Iron Castings companies in 2022 (%)
The global Gray Iron Castings market was valued at US$ 54570 million in 2022 and is projected to reach US$ 61490 million by 2029, at a CAGR of 1.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Asia Pacific was the leading regional gray iron casting market with the revenue market share about 68% in 2019, China was a major producer and consumer in the region. The follower are Europe and America, they occupied about 25% revenue market share.
The key players are Hitachi Metals, Grede Foundry, Draxton, MAT Foundry, Weichai Power (Weifang) Casting, Faw Foundry Co., Ltd., Neenah Foundry, Tianjin New Wei San Industrial, Huaxiang Group, Metal Technologies, Inc., INTAT Precision, Meide Group, Farinia Group, Rochester Metal Products, Kutno, Denizciler, Willman Industries, Aarrowcast, Inc. and so on. The top 5 companies account for nearly 3% revenue share in 2019.
We surveyed the Gray 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 Gray Iron Castings Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Tons)
Global Gray Iron Castings Market Segment Percentages, by Type, 2022 (%)
Vertical Molding
Horizontal Molding
Global Gray Iron Castings Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Tons)
Global Gray Iron Castings Market Segment Percentages, by Application, 2022 (%)
Automotive
Agriculture, Construction and Mining
Machinery & Equipment
Municipal
Energy
Others
Global Gray Iron Castings Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Tons)
Global Gray 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 Gray Iron Castings revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Gray Iron Castings revenues share in global market, 2022 (%)
Key companies Gray Iron Castings sales in global market, 2018-2023 (Estimated), (K Tons)
Key companies Gray 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
Metal Technologies
Neenah Foundry
Denizciler
INTAT Precision
Kutno
Farinia Group
Rochester Metal Products
Willman Industries
Aarrowcast
Weichai Power (Weifang) Casting
Huaxiang Group
Meide Group
Tianjin New Wei San Industrial
Faw Foundry
Outline of Major Chapters:
Chapter 1: Introduces the definition of Gray Iron Castings, market overview.
Chapter 2: Global Gray Iron Castings market size in revenue and volume.
Chapter 3: Detailed analysis of Gray 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 Gray 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 Gray 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.
