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Global Steel Casting Market 2018-2022

Global Steel Casting Market 2018-2022

About Steel Casting

Steel casting is a method in which liquified steel is poured into the mold, which is made of sand or ceramic plater, to create the desired shape. Steel castings are preferred for applications requiring high strength, weldability, corrosion resistance, abrasion resistance, and serviceability under low and high temperatures.

Technavio’s analysts forecast the global steel casting market to grow at a CAGR of 4.21% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global steel casting market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • Europe
  • ROW
Technavio's report, Global Steel Casting Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Berkshire Hathaway
  • Hitachi Metals
  • JAPAN CASTING & FORGING
  • KOBE STEEL
  • Peekay Steel
  • Yingliu
Market driver
  • Increasing investments in infrastructure
  • For a full, detailed list, view our report
Market challenge
  • Supply-demand imbalance in the steel industry
  • For a full, detailed list, view our report
Market trend
  • Increasing use of electric arc furnace
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Steel Casting Market 2018-2022

Technavio recognizes the following companies as the key players in the global steel casting market: Berkshire Hathaway, Hitachi Metals, JAPAN CASTING & FORGING, KOBE STEEL, Peekay Steel, and Yingliu.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing use of electric arc furnace. The manufacturing of steel using electric arc furnace is more popular in comparison to the blast furnace as it eliminates the need for the removal of carbon content during the production process of high purity steel.”

According to the report, one driver in the market is increasing investments in infrastructure. During 2016, emerging countries such as Russia, Saudi Arabia, Nigeria, China, Mexico, Brazil, and India accounted for almost 52% of the total construction industry. In addition, these countries are estimated to account for approximately 63% by 2025 due to the rising number of public infrastructure projects including hospitals, airports, and IT parks.

Further, the report states that one challenge in the market is supply-demand imbalance in the steel industry. Many steel manufacturers are establishing massive capacities globally. Over the last decade, the steel industry has been investing in the capacity expansion because of the availability of relatively attractive interest rates for new investments.

Companies Mentioned

Berkshire Hathaway, Hitachi Metals, JAPAN CASTING & FORGING, KOBE STEEL, Peekay Steel, and Yingliu.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Global steel market in 2017
      • Table Global steel market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Steel casting process
      • Table Comparison of different casting production methods
      • Table Definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Global steel casting market 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global steel casting market - Market size and forecast 2017-2022 (thousand metric tons)
      • Table Global steel casting market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • Automotive and transportation - Market size and forecast 2017-2022
      • Table Global steel casting market for automotive and transportation - Market size and forecast 2017-2022 (thousand metric ton)
      • Table Global steel casting market for automotive and transportation - Year-over-year growth 2018-2022 (%)
    • Construction and infrastructure - Market size and forecast 2017-2022
      • Table Global steel casting market for construction and infrastructure - Market size and forecast 2017-2022 (thousand metric ton)
      • Table Global steel casting market for construction and infrastructure - Year-over-year growth 2018-2022 (%)
    • Mining - Market size and forecast 2017-2022
      • Table Global steel casting market for mining - Market size and forecast 2017-2022 (thousand metric ton)
      • Table Global steel casting market for mining - Year-over-year growth 2018-2022 (%)
    • Power - Market size and forecast 2017-2022
      • Table Global steel casting market for power - Market size and forecast 2017-2022 (thousand metric ton)
      • Table Global steel casting market for power - Year-over-year growth 2018-2022 (%)
    • Oil and gas - Market size and forecast 2017-2022
      • Table Global steel casting market for oil and gas - Market size and forecast 2017-2022 (thousand metric ton)
      • Table Global steel casting market for oil and gas - Year-over-year growth 2018-2022 (%)
    • Others - Market size and forecast 2017-2022
      • Table Global steel casting market for others - Market size and forecast 2017-2022 (thousand metric ton)
      • Table Global steel casting market for others - Year-over-year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global steel casting market - Market share by region 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast 2017-2022
      • Table Steel casting market in APAC - Market size and forecast 2017-2022 (thousand metric ton)
      • Table Steel casting market in APAC - Year-over-year growth 2018-2022 (%)
    • Americas - Market size and forecast 2017-2022
      • Table Steel casting market in Americas - Market size and forecast 2017-2022 (thousand metric ton)
      • Table Steel casting market in Americas - Year-over-year growth 2018-2022 (%)
    • Europe - Market size and forecast 2017-2022
      • Table Steel casting market in Europe - Market size and forecast 2017-2022 (thousand metric ton)
      • Table Steel casting market in Europe - Year-over-year growth 2018-2022 (%)
    • ROW - Market size and forecast 2017-2022
      • Table Steel casting market in ROW - Market size and forecast 2017-2022 (thousand metric ton)
      • Table Steel casting market in ROW - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries by production
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table GDP of developing economies 2016-2018 (%)
    • Market challenges
      • Table The world steel capacity and demand (2012-2017)
  • Market trends
    • Increasing production of secondary steel
    • Increasing use of electric arc furnace
    • Technological advancements in the production process
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Berkshire Hathaway
      • Table Vendor overview
      • Table Berkshire Hathaway - Business segments
      • Table Berkshire Hathaway - Organizational developments
      • Table Berkshire Hathaway - Geographical focus
      • Table Berkshire Hathaway - Segment focus
      • Table Berkshire Hathaway - Key offerings
    • Hitachi Metals
      • Table Vendor overview
      • Table Hitachi Metals - Business segments
      • Table Hitachi Metals - Organizational developments
      • Table Hitachi Metals - Geographical focus
      • Table Hitachi Metals - Segment focus
      • Table Hitachi Metals - Key offerings
    • JAPAN CASTING & FORGING
      • Table Vendor overview
      • Table JAPAN CASTING & FORGING - Product segments
      • Table JAPAN CASTING & FORGING - Organizational developments
      • Table JAPAN CASTING & FORGING - Geographical focus
      • Table JAPAN CASTING & FORGING - Segment focus
      • Table JAPAN CASTING & FORGING - Key offerings
    • KOBE STEEL
      • Table Vendor overview
      • Table KOBE STEEL - Business segments
      • Table KOBE STEEL - Organizational developments
      • Table KOBE STEEL - Geographical focus
      • Table KOBE STEEL - Segment focus
      • Table Hitachi Metals- Key offerings
    • Peekay Steel
      • Table Vendor overview
      • Table Peekay Steel - Business segments
      • Table Peekay Steel - Organizational developments
      • Table Peekay Steel - Geographical focus
      • Table Peekay Steel - Key offerings
    • Yingliu
      • Table Vendor overview
      • Table Yingliu - Business segments
      • Table Yingliu - Organizational developments
      • Table Yingliu - Geographical focus
      • Table Yingliu - Segment focus
      • Table Yingliu - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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