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 6% 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.
It is the combination of high carbon content, and the presence of silicon, that gives cast iron its excellent castability.
This report aims to provide a comprehensive presentation of the global market for Cast Iron & Cast 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 Cast Iron & Cast Iron Castings. This report contains market size and forecasts of Cast Iron & Cast Iron Castings in global, including the following market information:
Global Cast Iron & Cast Iron Castings Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Cast Iron & Cast Iron Castings Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Cast Iron & Cast Iron Castings companies in 2022 (%)
The global Cast Iron & Cast Iron Castings market was valued at US$ 7912.6 million in 2022 and is projected to reach US$ 9836.6 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.
Global Iron Casting [Ferrous Castings] key players include Waupaca Foundry, Grede Foundry, etc. Global top two manufacturers hold a share about 20%.
North America is the largest market, with a share over 40%, followed by China and Europe, both have a share over 30 percent.
In terms of product, Gray Iron Castings is the largest segment, with a share over 64%. And in terms of application, the largest application is Automotive, followed by Machinery & Equipment, Pipe & Fitting, Valves, Pumps & Compressors, Rail, etc.
We surveyed the Cast Iron & Cast 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 Cast Iron & Cast Iron Castings Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Cast Iron & Cast Iron Castings Market Segment Percentages, by Type, 2022 (%)
Vertical Molding
Horizontal Moldings
Global Cast Iron & Cast Iron Castings Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Cast Iron & Cast Iron Castings Market Segment Percentages, by Application, 2022 (%)
Automotive Industry
Ferrous Metallurgy Industry
Machinery Manufacturing Industry
Mold Processing Industry
Others
Global Cast Iron & Cast Iron Castings Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Cast Iron & Cast 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 Cast Iron & Cast Iron Castings revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Cast Iron & Cast Iron Castings revenues share in global market, 2022 (%)
Key companies Cast Iron & Cast Iron Castings sales in global market, 2018-2023 (Estimated), (MT)
Key companies Cast Iron & Cast Iron Castings sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
CPM Industries
PGO Group
Willman Industries
Durham Foundry
Allard-Europe
Majorfax
Waupaca Foundry
Dandong Foundry
Atlas Foundry Company Inc
Bunty LLC
Hinduja Foundries
Hitachi Metals
Benton Foundry
Brantingham Manufacturing
MONARK STEELS
Reliance Foundry
Outline of Major Chapters:
Chapter 1: Introduces the definition of Cast Iron & Cast Iron Castings, market overview.
Chapter 2: Global Cast Iron & Cast Iron Castings market size in revenue and volume.
Chapter 3: Detailed analysis of Cast Iron & Cast 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 Cast Iron & Cast 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 Cast Iron & Cast 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.
