
Iron Casting Market by Product (Ductile Iron, Gray Iron, White Iron), Process (Centrifugal Casting, Die Casting, Gravity Die Casting), Application - Global Forecast 2023-2030
Description
Iron Casting Market by Product (Ductile Iron, Gray Iron, White Iron), Process (Centrifugal Casting, Die Casting, Gravity Die Casting), Application - Global Forecast 2023-2030
The Iron Casting Market size was estimated at USD 117.57 billion in 2022 and expected to reach USD 124.83 billion in 2023, at a CAGR 6.38% to reach USD 192.94 billion by 2030.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Iron Casting Market.
- Based on Product, market is studied across Ductile Iron, Gray Iron, and White Iron. The Ductile Iron is projected to witness significant market share during forecast period.
- Based on Process, market is studied across Centrifugal Casting, Die Casting, Gravity Die Casting, Low Pressure Casting, Sand Casting, and Vacuum Die Casting. The Vacuum Die Casting is projected to witness significant market share during forecast period.
- Based on Application, market is studied across Automotive, Machinery & Tools, Pipes & Fittings, Power Generation, and Railways. The Machinery & Tools is projected to witness significant market share during forecast period.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 42.01% in 2022, followed by Europe, Middle East & Africa.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Iron Casting Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Iron Casting Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Iron Casting Market, highlighting leading vendors and their innovative profiles. These include Aarrowcast, Inc., American Axle & Manufacturing Holdings, Inc., Bradken Limited, Bunty LLC, CALMET, Chamberlin PLC, Crescent Foundry Pvt. Ltd., Dura-Bar, Gartland Foundry, Georg Fischer Ltd., Georgsmarienhütte Holding GmbH, Grede Holdings LLC, GRUPO INDUSTRIAL SALTILLO, S.A.B., DE C.V., HERMANN RECKERS GmbH & Co. KG, Hitachi, Ltd., Jiangsu Shengrong High-end Equipment Manufacturing Industry Co., Ltd., Jürgens Gießerei GmbH & Co. KG, Liaoning Borui Machinery Co., Ltd., McWane, Inc., Neenah Foundry, Newby Foundries Ltd., OSCO Industries, Sumitomo Electric Industries, Ltd., WAUPACA FOUNDRY, INC., and Xinxing Cast Pipe Co., Ltd..
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Iron Casting Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Iron Casting Market?
- What is the competitive strategic window for identifying opportunities in the Iron Casting Market?
- What are the latest technology trends and regulatory frameworks in the Iron Casting Market?
- What is the market share of the leading vendors in the Iron Casting Market?
- Which modes and strategic moves are suitable for entering the Iron Casting Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
187 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Iron Casting Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing demand for iron casting in manufacturing automotive parts
- 5.1.1.2. Supportive government initiatives toward industrialization
- 5.1.1.3. High investments in deployment of industrial machinery
- 5.1.2. Restraints
- 5.1.2.1. High costs associated with iron-casting equipment installations
- 5.1.3. Opportunities
- 5.1.3.1. Potential investment in railway infrastructure development
- 5.1.3.2. Emergence of innovative iron casting technology
- 5.1.4. Challenges
- 5.1.4.1. Presence of stringent regulatory norms and safety requirements for iron-casting procedures
- 5.2. Market Segmentation Analysis
- 5.2.1. Product: Growing demand for iron casting to manufacture ductile iron to meet expanding need of manufacturing and automotive sectors
- 5.2.2. Application: Extensive use of iron casting in manufacturing of heavy machinery and tools
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Iron Casting Market, by Product
- 6.1. Introduction
- 6.2. Ductile Iron
- 6.3. Gray Iron
- 6.4. White Iron
- 7. Iron Casting Market, by Process
- 7.1. Introduction
- 7.2. Centrifugal Casting
- 7.3. Die Casting
- 7.4. Gravity Die Casting
- 7.5. Low Pressure Casting
- 7.6. Sand Casting
- 7.7. Vacuum Die Casting
- 8. Iron Casting Market, by Application
- 8.1. Introduction
- 8.2. Automotive
- 8.3. Machinery & Tools
- 8.4. Pipes & Fittings
- 8.5. Power Generation
- 8.6. Railways
- 9. Americas Iron Casting Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Iron Casting Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Iron Casting Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.2. Market Share Analysis, By Key Player
- 12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Merger & Acquisition
- 12.3.1.1. MacLean Power Systems Acquires Dotson Iron Castings
- 12.3.2. Award, Recognition, & Expansion
- 12.3.2.1. Clow Valve Breaks Ground on USD 75 Million Expansion
- 12.3.2.2. Charlotte Pipe And Foundry To Build New Manufacturing Plant In Wichita Region
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.1.1. Aarrowcast, Inc.
- 13.1.2. American Axle & Manufacturing Holdings, Inc.
- 13.1.3. Bradken Limited
- 13.1.4. Bunty LLC
- 13.1.5. CALMET
- 13.1.6. Chamberlin PLC
- 13.1.7. Crescent Foundry Pvt. Ltd.
- 13.1.8. Dura-Bar
- 13.1.9. Gartland Foundry
- 13.1.10. Georg Fischer Ltd.
- 13.1.11. Georgsmarienhütte Holding GmbH
- 13.1.12. Grede Holdings LLC
- 13.1.13. GRUPO INDUSTRIAL SALTILLO, S.A.B., DE C.V.
- 13.1.14. HERMANN RECKERS GmbH & Co. KG
- 13.1.15. Hitachi, Ltd.
- 13.1.16. Jiangsu Shengrong High-end Equipment Manufacturing Industry Co., Ltd.
- 13.1.17. Jürgens Gießerei GmbH & Co. KG
- 13.1.18. Liaoning Borui Machinery Co., Ltd.
- 13.1.19. McWane, Inc.
- 13.1.20. Neenah Foundry
- 13.1.21. Newby Foundries Ltd.
- 13.1.22. OSCO Industries
- 13.1.23. Sumitomo Electric Industries, Ltd.
- 13.1.24. WAUPACA FOUNDRY, INC.
- 13.1.25. Xinxing Cast Pipe Co., Ltd.
- 13.2. Key Product Portfolio
- 14. Appendix
- 14.1. Discussion Guide
- 14.2. License & Pricing
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.