Global Continuous Casting Bar Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Continuous Casting Bar market size was valued at US$ 481 million in 2024 and is forecast to a readjusted size of USD 661 million by 2031 with a CAGR of 4.4% during review period.
The development of continuous casting technology can be traced back to the 1970s, and it has developed rapidly under the pressure of energy shortage. By the 1980s, continuous casting technology had become a mature technology and was widely used in the metallurgical industry. In the 1990s, continuous casting technology set off a new revolution, and many new continuous casting technologies were proposed and applied in actual production.
Continuous casting is an advanced casting method. Its principle is to continuously pour molten metal into a special metal mold called a crystallizer, and the solidified (or crusted) casting is continuously pulled out from the other end of the crystallizer to obtain castings of any length or specific length.
Continuous casting can be used for casting a variety of metal materials, such as iron, aluminum alloys, etc. At the same time, it is also suitable for the production of castings of various shapes, such as bars, plates, etc. Continuous casting bar, as one of the product forms, are used to manufacture various mechanical parts, structural parts, etc.
1. Global Continuous Casting Bar Market: Structural Growth and Diversified Competition
As an industrial basic material, the market demand for continuous casting bars is deeply tied to the prosperity of the manufacturing industry. The current market is dominated by gray iron bars (38.59%), ductile iron bars (28.42%), and alloy bars (26.83%), which together account for more than 94%, while cast steel bars (6.16%) have a lower share due to cost and process restrictions. This pattern reflects the differentiated demand for material properties in the downstream industry: gray iron bars are widely used in general scenarios due to their low cost and high castability; the high strength characteristics of ductile iron bars make them the first choice in the fields of automobiles, heavy machinery, etc.; alloy bars are irreplaceable in special working conditions (such as energy equipment and chemical pipelines) due to their high temperature resistance and corrosion resistance. It is worth noting that with the trend of lightweighting and energy conservation and emission reduction, the compound growth rate of the aluminum-based alloy bar market is expected to be significantly higher than the industry average.
From the application side, the automobile industry ranks first with a share of 28.44%, and its demand is concentrated in engine cylinders, transmission components and chassis structures. The proportion of heavy machinery (13.02%) and construction machinery (9.96%) is highly related to the global infrastructure investment cycle, and the acceleration of urbanization in emerging markets provides long-term support for these two major areas. In addition, the application expansion of new energy fields (such as wind power gearboxes and photovoltaic bracket connectors) may become a new growth point in the future.
2. Regional competition: European and American technical barriers vs. Asian cost advantages
The global market presents a four-pole competition pattern of Europe, the United States, China and Japan. European companies (such as United Cast Bar) have a monopoly in the field of high-end alloy bars with their century-old casting experience and patented technology. In the Asian camp, Japan's KOGI is known for its precision casting technology, and the rise of Chinese companies is particularly significant: Hengong Precision Equipment Co., Ltd, Jiangsu Hualong, etc. have achieved import substitution through the "scaled production + localized service" strategy.
3. Future challenges and opportunities
The current industry faces three challenges: 1) Fluctuations in raw material prices (over 60% of the cost of pig iron and scrap steel); 2) Stricter environmental protection policies force companies to upgrade arc furnace smelting and waste gas treatment systems; 3) Upgrading of digital demand (such as bar quality traceability based on MES system). Leading companies are building moats through vertical integration (self-built scrap steel recycling network), process innovation (electromagnetic stirring continuous casting technology to reduce segregation rate) and service extension (providing customized heat treatment solutions).
This report is a detailed and comprehensive analysis for global Continuous Casting Bar market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Key Features:
Global Continuous Casting Bar market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Continuous Casting Bar market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Continuous Casting Bar market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Continuous Casting Bar market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Continuous Casting Bar
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Continuous Casting Bar market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include United Cast Bar Ltd, Charter Dura-Bar, Hengong Precision Equipment Co., Ltd, KOGI Corporation, Jiangsu Hualong, ACO Guss GmbH, Tasso A/S, Tupy, Wuan Qichang Foundry, Henan Guotai Profile Technology, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Continuous Casting Bar market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Gray Iron Bar
Ductile Iron Bar
Others
Market segment by Application
Automotive
Casting Pipe & Pipe Fittings
ICE & Agricultural Machinery
Construction Machinery
Heavy Machinery
Machine Tools
Rail Transit
Others
Major players covered
United Cast Bar Ltd
Charter Dura-Bar
Hengong Precision Equipment Co., Ltd
KOGI Corporation
Jiangsu Hualong
ACO Guss GmbH
Tasso A/S
Tupy
Wuan Qichang Foundry
Henan Guotai Profile Technology
HANS Materials Inc
Resonac
Contifonte SAS
Nippon Chuzo
Kormax
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Continuous Casting Bar product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Continuous Casting Bar, with price, sales quantity, revenue, and global market share of Continuous Casting Bar from 2020 to 2025.
Chapter 3, the Continuous Casting Bar competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Continuous Casting Bar breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Continuous Casting Bar market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Continuous Casting Bar.
Chapter 14 and 15, to describe Continuous Casting Bar sales channel, distributors, customers, research findings and conclusion.
The development of continuous casting technology can be traced back to the 1970s, and it has developed rapidly under the pressure of energy shortage. By the 1980s, continuous casting technology had become a mature technology and was widely used in the metallurgical industry. In the 1990s, continuous casting technology set off a new revolution, and many new continuous casting technologies were proposed and applied in actual production.
Continuous casting is an advanced casting method. Its principle is to continuously pour molten metal into a special metal mold called a crystallizer, and the solidified (or crusted) casting is continuously pulled out from the other end of the crystallizer to obtain castings of any length or specific length.
Continuous casting can be used for casting a variety of metal materials, such as iron, aluminum alloys, etc. At the same time, it is also suitable for the production of castings of various shapes, such as bars, plates, etc. Continuous casting bar, as one of the product forms, are used to manufacture various mechanical parts, structural parts, etc.
1. Global Continuous Casting Bar Market: Structural Growth and Diversified Competition
As an industrial basic material, the market demand for continuous casting bars is deeply tied to the prosperity of the manufacturing industry. The current market is dominated by gray iron bars (38.59%), ductile iron bars (28.42%), and alloy bars (26.83%), which together account for more than 94%, while cast steel bars (6.16%) have a lower share due to cost and process restrictions. This pattern reflects the differentiated demand for material properties in the downstream industry: gray iron bars are widely used in general scenarios due to their low cost and high castability; the high strength characteristics of ductile iron bars make them the first choice in the fields of automobiles, heavy machinery, etc.; alloy bars are irreplaceable in special working conditions (such as energy equipment and chemical pipelines) due to their high temperature resistance and corrosion resistance. It is worth noting that with the trend of lightweighting and energy conservation and emission reduction, the compound growth rate of the aluminum-based alloy bar market is expected to be significantly higher than the industry average.
From the application side, the automobile industry ranks first with a share of 28.44%, and its demand is concentrated in engine cylinders, transmission components and chassis structures. The proportion of heavy machinery (13.02%) and construction machinery (9.96%) is highly related to the global infrastructure investment cycle, and the acceleration of urbanization in emerging markets provides long-term support for these two major areas. In addition, the application expansion of new energy fields (such as wind power gearboxes and photovoltaic bracket connectors) may become a new growth point in the future.
2. Regional competition: European and American technical barriers vs. Asian cost advantages
The global market presents a four-pole competition pattern of Europe, the United States, China and Japan. European companies (such as United Cast Bar) have a monopoly in the field of high-end alloy bars with their century-old casting experience and patented technology. In the Asian camp, Japan's KOGI is known for its precision casting technology, and the rise of Chinese companies is particularly significant: Hengong Precision Equipment Co., Ltd, Jiangsu Hualong, etc. have achieved import substitution through the "scaled production + localized service" strategy.
3. Future challenges and opportunities
The current industry faces three challenges: 1) Fluctuations in raw material prices (over 60% of the cost of pig iron and scrap steel); 2) Stricter environmental protection policies force companies to upgrade arc furnace smelting and waste gas treatment systems; 3) Upgrading of digital demand (such as bar quality traceability based on MES system). Leading companies are building moats through vertical integration (self-built scrap steel recycling network), process innovation (electromagnetic stirring continuous casting technology to reduce segregation rate) and service extension (providing customized heat treatment solutions).
This report is a detailed and comprehensive analysis for global Continuous Casting Bar market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Key Features:
Global Continuous Casting Bar market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Continuous Casting Bar market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Continuous Casting Bar market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Continuous Casting Bar market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Continuous Casting Bar
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Continuous Casting Bar market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include United Cast Bar Ltd, Charter Dura-Bar, Hengong Precision Equipment Co., Ltd, KOGI Corporation, Jiangsu Hualong, ACO Guss GmbH, Tasso A/S, Tupy, Wuan Qichang Foundry, Henan Guotai Profile Technology, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Continuous Casting Bar market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Gray Iron Bar
Ductile Iron Bar
Others
Market segment by Application
Automotive
Casting Pipe & Pipe Fittings
ICE & Agricultural Machinery
Construction Machinery
Heavy Machinery
Machine Tools
Rail Transit
Others
Major players covered
United Cast Bar Ltd
Charter Dura-Bar
Hengong Precision Equipment Co., Ltd
KOGI Corporation
Jiangsu Hualong
ACO Guss GmbH
Tasso A/S
Tupy
Wuan Qichang Foundry
Henan Guotai Profile Technology
HANS Materials Inc
Resonac
Contifonte SAS
Nippon Chuzo
Kormax
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Continuous Casting Bar product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Continuous Casting Bar, with price, sales quantity, revenue, and global market share of Continuous Casting Bar from 2020 to 2025.
Chapter 3, the Continuous Casting Bar competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Continuous Casting Bar breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Continuous Casting Bar market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Continuous Casting Bar.
Chapter 14 and 15, to describe Continuous Casting Bar sales channel, distributors, customers, research findings and conclusion.
Table of Contents
124 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Continuous Casting Bar by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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