Global Steel Casting Market 2026-2030

Global Steel Casting Market 2026-2030

The global steel casting market is forecasted to grow by USD 9867.9 mn during 2025-2030, accelerating at a CAGR of 5.2% during the forecast period. The report on the global steel casting market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by accelerated global energy transition and shift toward renewable energy infrastructure, strategic expansion of high-speed rail networks and urban transit infrastructure, industrialization of additive manufacturing and ai-driven process optimization.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's global steel casting market is segmented as below:

By Application

• Automotive and transportation
• Construction and infrastructure
• Mining
• Power
• Others

By Product

• Sand casting
• Investment casting
• Die casting
• Centrifugal casting

By Type

• Carbon steel
• Low-alloy steel
• High-alloy steel
• Others

Geography

• APAC
• China
• India
• Japan
• South Korea
• Australia
• Indonesia
• North America
• US
• Canada
• Mexico
• Europe
• Germany
• Italy
• France
• UK
• Spain
• The Netherlands
• Middle East and Africa
• South Africa
• Turkey
• Egypt
• Iran
• South America
• Brazil
• Argentina
• Colombia
• Rest of World (ROW)

This study identifies the structural transition toward green steel casting and carbon neutrality as one of the prime reasons driving the global steel casting market growth during the next few years. Also, expansion of high-strength alloy development for global energy transition and expansion of circular economy initiatives and scrap-based decarbonization will lead to sizable demand in the market.

The report on the global steel casting market covers the following areas:

• Global steel casting market sizing
• Global steel casting market forecast
• Global steel casting market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global steel casting market vendors that include ArcelorMittal, Aubert and Duval, Bradken Ltd, Columbia Steel Casting Co Inc., Doosan Corp., Eagle Alloy Inc, Harrison Steel Castings Co., HITCHINER Manufacturing Co., Impro Precision Industries Ltd., Kubota Corp., Magotteaux, MetalTek International, Nippon Steel Corp., Peekay Steel Castings Pvt. Ltd., Proterial Ltd., Scaw Metals Group, Sheffield Forgemasters, Stainless Foundry and Engineering, The Japan Steel Works Ltd., voestalpine AG. Also, the global steel casting market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth. Show more