Global Steel Casting Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch's in-depth investigation and research, the global Steel Casting market size will reach 84,378 Million USD in 2025 and is projected to reach 100,505 Million USD by 2032, with a CAGR of 2.53% (2025-2032). Notably, the China Steel Casting market has changed rapidly in the past few years. By 2025, China's market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Steel casting is a manufacturing process in which molten steel is poured into molds to create solid, shaped metal parts. This technique is widely used to produce complex and large components that require high strength, durability, and resistance to wear and corrosion. The steel casting process typically involves melting steel at high temperatures and then pouring it into pre-formed molds made from materials like sand, metal, or ceramics. After cooling and solidifying, the cast steel can be removed from the mold, and any excess material is trimmed away. Steel casting is commonly used in industries such as automotive, aerospace, machinery, construction, and energy production, where strong, custom-shaped parts are essential. The process allows for the creation of a wide range of components, from small, intricate parts to large, heavy-duty machinery components. Steel castings can be further processed through heat treatment, machining, and surface finishing to meet the specific mechanical and functional requirements of the application.
The major global manufacturers of Steel Casting include Precision Castparts, Hitachi, Doosan Enerbility, Kobe Steel, ME Elecmetal, Amsted Rail, Signicast (Form Technologies Company), MetalTek International, Anhui Yingliu, Harrison Steel Casting, Peekay Steel Castings, Impro Precision, Liaoning Fuan Heavy Industry, Tycon Alloy Industries, Japan Steel Works, Amsteel Castings, Isgec Heavy Engineering, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Steel Casting. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Steel Casting market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Steel Casting market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Steel Casting industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Steel Casting Include:
Precision Castparts
Hitachi
Doosan Enerbility
Kobe Steel
ME Elecmetal
Amsted Rail
Signicast (Form Technologies Company)
MetalTek International
Anhui Yingliu
Harrison Steel Casting
Peekay Steel Castings
Impro Precision
Liaoning Fuan Heavy Industry
Tycon Alloy Industries
Japan Steel Works
Amsteel Castings
Isgec Heavy Engineering
Steel Casting Product Segment Include:
Carbon Steel Casting
Low-Alloy Steel Casting
High Alloy Steel Casting
Steel Casting Product Application Include:
Power Generation
Rail and Transit
Mining
Construction Machinery
Oil and Gas
Aerospace and Defense
Shipbuilding
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Steel Casting Capacity and Production Analysis
Chapter 3: Global Steel Casting Industry PESTEL Analysis
Chapter 4: Global Steel Casting Industry Porter's Five Forces Analysis
Chapter 5: Global Steel Casting Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 6: Global Steel Casting Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 7: Global Steel Casting Sales, Revenue, Price and Forecast by Product Type
Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 9: Industrial Chain Analysis, Steel Casting Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 10: Research Findings and Conclusion
Chapter 11: Methodology and Data Sources
According to DIResearch's in-depth investigation and research, the global Steel Casting market size will reach 84,378 Million USD in 2025 and is projected to reach 100,505 Million USD by 2032, with a CAGR of 2.53% (2025-2032). Notably, the China Steel Casting market has changed rapidly in the past few years. By 2025, China's market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Steel casting is a manufacturing process in which molten steel is poured into molds to create solid, shaped metal parts. This technique is widely used to produce complex and large components that require high strength, durability, and resistance to wear and corrosion. The steel casting process typically involves melting steel at high temperatures and then pouring it into pre-formed molds made from materials like sand, metal, or ceramics. After cooling and solidifying, the cast steel can be removed from the mold, and any excess material is trimmed away. Steel casting is commonly used in industries such as automotive, aerospace, machinery, construction, and energy production, where strong, custom-shaped parts are essential. The process allows for the creation of a wide range of components, from small, intricate parts to large, heavy-duty machinery components. Steel castings can be further processed through heat treatment, machining, and surface finishing to meet the specific mechanical and functional requirements of the application.
The major global manufacturers of Steel Casting include Precision Castparts, Hitachi, Doosan Enerbility, Kobe Steel, ME Elecmetal, Amsted Rail, Signicast (Form Technologies Company), MetalTek International, Anhui Yingliu, Harrison Steel Casting, Peekay Steel Castings, Impro Precision, Liaoning Fuan Heavy Industry, Tycon Alloy Industries, Japan Steel Works, Amsteel Castings, Isgec Heavy Engineering, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Steel Casting. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Steel Casting market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Steel Casting market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Steel Casting industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Steel Casting Include:
Precision Castparts
Hitachi
Doosan Enerbility
Kobe Steel
ME Elecmetal
Amsted Rail
Signicast (Form Technologies Company)
MetalTek International
Anhui Yingliu
Harrison Steel Casting
Peekay Steel Castings
Impro Precision
Liaoning Fuan Heavy Industry
Tycon Alloy Industries
Japan Steel Works
Amsteel Castings
Isgec Heavy Engineering
Steel Casting Product Segment Include:
Carbon Steel Casting
Low-Alloy Steel Casting
High Alloy Steel Casting
Steel Casting Product Application Include:
Power Generation
Rail and Transit
Mining
Construction Machinery
Oil and Gas
Aerospace and Defense
Shipbuilding
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Steel Casting Capacity and Production Analysis
Chapter 3: Global Steel Casting Industry PESTEL Analysis
Chapter 4: Global Steel Casting Industry Porter's Five Forces Analysis
Chapter 5: Global Steel Casting Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 6: Global Steel Casting Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 7: Global Steel Casting Sales, Revenue, Price and Forecast by Product Type
Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 9: Industrial Chain Analysis, Steel Casting Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 10: Research Findings and Conclusion
Chapter 11: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Steel Casting Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Steel Casting Product by Type
- 1.2.1 Carbon Steel Casting
- 1.2.2 Low-Alloy Steel Casting
- 1.2.3 High Alloy Steel Casting
- 1.3 Steel Casting Product by Application
- 1.3.1 Power Generation
- 1.3.2 Rail and Transit
- 1.3.3 Mining
- 1.3.4 Construction Machinery
- 1.3.5 Oil and Gas
- 1.3.6 Aerospace and Defense
- 1.3.7 Shipbuilding
- 1.3.8 Others
- 1.4 Global Steel Casting Market Revenue and Sales Analysis
- 1.4.1 Global Steel Casting Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Steel Casting Sales Market Sales Analysis (2020-2032)
- 1.4.3 Global Steel Casting Market Sales Price Trend Analysis (2020-2032)
- 1.5 Steel Casting Market Development Status and Trends
- 1.5.1 Steel Casting Industry Development Status Analysis
- 1.5.2 Steel Casting Industry Development Trends Analysis
- 2 Global Steel Casting Capacity and Production Analysis
- 2.1 Global Steel Casting Capacity, Production and Utilization (2020-2032)
- 2.2 Global Steel Casting Production Growth Trend by Region: 2024 VS 2025 VS 2032
- 2.3 Global Steel Casting Production by Region
- 2.3.1 Global Steel Casting Production by Region (2020-2025)
- 2.3.2 Global Steel Casting Production Forecast by Region (2026-2032)
- 2.3.3 Global Steel Casting Production Market Share by Region (2020-2032)
- 3 Steel Casting Market PESTEL Analysis
- 3.1 Political Factors Analysis
- 3.2 Economic Factors Analysis
- 3.3 Social Factors Analysis
- 3.4 Technological Factors Analysis
- 3.5 Environmental Factors Analysis
- 3.6 Legal Factors Analysis
- 4 Steel Casting Market Porter's Five Forces Analysis
- 4.1 Competitive Rivalry
- 4.2 Threat of New Entrants
- 4.3 Bargaining Power of Suppliers
- 4.4 Bargaining Power of Buyers
- 4.5 Threat of Substitutes
- 5 Global Steel Casting Market Analysis by Country
- 5.1 Global Steel Casting Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 5.1.1 Global Steel Casting Revenue and Market Share by Country (2020-2025)
- 5.1.2 Global Steel Casting Revenue and Market Share Forecast by Country (2026-2032)
- 5.2 Global Steel Casting Sales Analysis by Country: 2024 VS 2025 VS 2032
- 5.2.1 Global Steel Casting Sales and Market Share by Country (2020-2025)
- 5.2.2 Global Steel Casting Sales and Market Share Forecast by Country (2026-2032)
- 5.3 United States Steel Casting Market Sales, Revenue and Growth Rate (2020-2032)
- 5.4 Germany Steel Casting Market Sales, Revenue and Growth Rate (2020-2032)
- 5.5 Japan Steel Casting Market Sales, Revenue and Growth Rate (2020-2032)
- 5.6 China Steel Casting Market Sales, Revenue and Growth Rate (2020-2032)
- 5.7 France Steel Casting Market Sales, Revenue and Growth Rate (2020-2032)
- 5.8 U.K. Steel Casting Market Sales, Revenue and Growth Rate (2020-2032)
- 5.9 South Korea Steel Casting Market Sales, Revenue and Growth Rate (2020-2032)
- 5.10 Canada Steel Casting Market Sales, Revenue and Growth Rate (2020-2032)
- 5.11 Italy Steel Casting Market Sales, Revenue and Growth Rate (2020-2032)
- 5.12 Russia Steel Casting Market Sales, Revenue and Growth Rate (2020-2032)
- 5.13 Mexico Steel Casting Market Sales, Revenue and Growth Rate (2020-2032)
- 5.14 Brazil Steel Casting Market Sales, Revenue and Growth Rate (2020-2032)
- 5.15 India Steel Casting Market Sales, Revenue and Growth Rate (2020-2032)
- 5.16 Vietnam Steel Casting Market Sales, Revenue and Growth Rate (2020-2032)
- 5.17 Thailand Steel Casting Market Sales, Revenue and Growth Rate (2020-2032)
- 5.18 South Africa Steel Casting Market Sales, Revenue and Growth Rate (2020-2032)
- 6 Competition by Manufacturers
- 6.1 Global Steel Casting Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 6.1.1 Global Steel Casting Market Sales by Key Manufacturers (2021-2025)
- 6.1.2 Global Steel Casting Market Revenue by Key Manufacturers (2021-2025)
- 6.1.3 Global Steel Casting Average Sales Price by Manufacturers (2021-2025)
- 6.2 Steel Casting Competitive Landscape Analysis and Market Dynamic
- 6.2.1 Steel Casting Competitive Landscape Analysis
- 6.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 6.2.3 Market Dynamic
- 7 Steel Casting Market Analysis by Type
- 7.1 Global Steel Casting Market Revenue Analysis by Type
- 7.1.1 Global Steel Casting Market Size Analysis by Type: 2024 & 2025 & 2032
- 7.1.2 Global Steel Casting Revenue and Forecast Analysis by Type (2020-2032)
- 7.2 Global Steel Casting Market Sales and Forecast Analysis by Type (2020-2032)
- 7.3 Global Steel Casting Sales Price Trend Analysis by Type (2020-2032)
- 8 Key Companies Analysis
- 8.1 Precision Castparts
- 8.1.1 Precision Castparts Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.1.2 Precision Castparts Steel Casting Product Portfolio
- 8.1.3 Precision Castparts Steel Casting Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.2 Hitachi
- 8.2.1 Hitachi Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.2.2 Hitachi Steel Casting Product Portfolio
- 8.2.3 Hitachi Steel Casting Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.3 Doosan Enerbility
- 8.3.1 Doosan Enerbility Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.3.2 Doosan Enerbility Steel Casting Product Portfolio
- 8.3.3 Doosan Enerbility Steel Casting Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.4 Kobe Steel
- 8.4.1 Kobe Steel Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.4.2 Kobe Steel Steel Casting Product Portfolio
- 8.4.3 Kobe Steel Steel Casting Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.5 ME Elecmetal
- 8.5.1 ME Elecmetal Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.5.2 ME Elecmetal Steel Casting Product Portfolio
- 8.5.3 ME Elecmetal Steel Casting Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.6 Amsted Rail
- 8.6.1 Amsted Rail Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.6.2 Amsted Rail Steel Casting Product Portfolio
- 8.6.3 Amsted Rail Steel Casting Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.7 Signicast (Form Technologies Company)
- 8.7.1 Signicast (Form Technologies Company) Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.7.2 Signicast (Form Technologies Company) Steel Casting Product Portfolio
- 8.7.3 Signicast (Form Technologies Company) Steel Casting Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.8 MetalTek International
- 8.8.1 MetalTek International Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.8.2 MetalTek International Steel Casting Product Portfolio
- 8.8.3 MetalTek International Steel Casting Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.9 Anhui Yingliu
- 8.9.1 Anhui Yingliu Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.9.2 Anhui Yingliu Steel Casting Product Portfolio
- 8.9.3 Anhui Yingliu Steel Casting Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.10 Harrison Steel Casting
- 8.10.1 Harrison Steel Casting Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.10.2 Harrison Steel Casting Steel Casting Product Portfolio
- 8.10.3 Harrison Steel Casting Steel Casting Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.11 Peekay Steel Castings
- 8.11.1 Peekay Steel Castings Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.11.2 Peekay Steel Castings Steel Casting Product Portfolio
- 8.11.3 Peekay Steel Castings Steel Casting Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.12 Impro Precision
- 8.12.1 Impro Precision Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.12.2 Impro Precision Steel Casting Product Portfolio
- 8.12.3 Impro Precision Steel Casting Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.13 Liaoning Fuan Heavy Industry
- 8.13.1 Liaoning Fuan Heavy Industry Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.13.2 Liaoning Fuan Heavy Industry Steel Casting Product Portfolio
- 8.13.3 Liaoning Fuan Heavy Industry Steel Casting Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.14 Tycon Alloy Industries
- 8.14.1 Tycon Alloy Industries Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.14.2 Tycon Alloy Industries Steel Casting Product Portfolio
- 8.14.3 Tycon Alloy Industries Steel Casting Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.15 Japan Steel Works
- 8.15.1 Japan Steel Works Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.15.2 Japan Steel Works Steel Casting Product Portfolio
- 8.15.3 Japan Steel Works Steel Casting Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.16 Amsteel Castings
- 8.16.1 Amsteel Castings Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.16.2 Amsteel Castings Steel Casting Product Portfolio
- 8.16.3 Amsteel Castings Steel Casting Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.17 Isgec Heavy Engineering
- 8.17.1 Isgec Heavy Engineering Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.17.2 Isgec Heavy Engineering Steel Casting Product Portfolio
- 8.17.3 Isgec Heavy Engineering Steel Casting Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 9 Industry Chain Analysis
- 9.1 Steel Casting Industry Chain Analysis
- 9.2 Steel Casting Industry Upstream Supply Analysis
- 9.2.1 Upstream Key Raw Material Supply Analysis
- 9.2.2 Raw Material Suppliers and Contact Information
- 9.3 Steel Casting Product Downstream Application Analysis
- 9.3.1 Global Steel Casting Revenue Market Size by Application: 2024 VS 2025 VS 2032
- 9.3.2 Global Steel Casting Revenue and Forecast Analysis by Application (2020-2032)
- 9.3.3 Global Steel Casting Sales and Forecast Analysis by Application (2020-2032)
- 9.4 Steel Casting Typical Downstream Customers
- 9.5 Steel Casting Sales Channel Analysis
- 10 Research Findings and Conclusion
- 11 Methodology and Data Source
- 11.1 Methodology/Research Approach
- 11.2 Research Scope
- 11.3 Benchmarks and Assumptions
- 11.4 Date Source
- 11.4.1 Primary Sources
- 11.4.2 Secondary Sources
- 11.5 Data Cross Validation
- 11.6 Disclaimer
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