Global Automotive Gray Iron Castings Market Growth 2025-2031
Description
The global Automotive Gray Iron Castings market size is predicted to grow from US$ 2317 million in 2025 to US$ 2940 million in 2031; it is expected to grow at a CAGR of 4.0% from 2025 to 2031.
Casting is a process in which a liquid metal is somehow delivered into a mold that contains a hollow cavity of the intended shape. The metal and mold are then cooled, and the metal part (the casting) is extracted. Casting is most often used for making complex shapes that would be difficult or uneconomical to make by other methods.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world"s automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world"s largest car exporter, exporting more than 3.5 million vehicles in 2022. Automotive gray iron castings are a critical component in the automotive manufacturing industry, playing important roles in key areas such as engines, braking systems, and suspension systems. With the global automotive market moving towards greater environmental sustainability and energy efficiency, automotive gray iron castings are also subject to new market trends. Stringent environmental regulations and increasing demands for reduced emissions and fuel efficiency are driving automotive manufacturers to seek lighter, higher-performance components while reducing their carbon footprint. Consequently, the market for automotive gray iron castings is gradually shifting towards more advanced materials and processes to meet these requirements. Furthermore, the rise of electric vehicles and autonomous driving technologies will have profound implications for the automotive gray iron castings market, as these emerging technologies demand higher precision and innovation, thereby altering the design and manufacturing requirements for castings. Therefore, automotive gray iron casting manufacturers need to stay in tune with market trends, innovate continuously, and adapt to the changing landscape of the automotive industry.
LP Information, Inc. (LPI) ' newest research report, the “Automotive Gray Iron Castings Industry Forecast” looks at past sales and reviews total world Automotive Gray Iron Castings sales in 2024, providing a comprehensive analysis by region and market sector of projected Automotive Gray Iron Castings sales for 2025 through 2031. With Automotive Gray Iron Castings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Gray Iron Castings industry.
This Insight Report provides a comprehensive analysis of the global Automotive Gray Iron Castings landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Gray Iron Castings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Gray Iron Castings market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Gray Iron Castings and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Gray Iron Castings.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Gray Iron Castings market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Vertical Molding
Horizontal Molding
Segmentation by Application:
Passenger Vehicle
Commercial Vehicle
Agricultural Machinery
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Hitachi Metals
Grede Foundry
Draxton
MAT Foundry
Weichai Power (Weifang) Casting
Faw Foundry
Neenah Foundry
Tianjin New Wei San Industrial
Huaxiang Group
Metal Technologies, Inc.
INTAT Precision
Meide Group
Farinia Group
Rochester Metal Products
Kutno
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Gray Iron Castings market?
What factors are driving Automotive Gray Iron Castings market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Gray Iron Castings market opportunities vary by end market size?
How does Automotive Gray Iron Castings break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Casting is a process in which a liquid metal is somehow delivered into a mold that contains a hollow cavity of the intended shape. The metal and mold are then cooled, and the metal part (the casting) is extracted. Casting is most often used for making complex shapes that would be difficult or uneconomical to make by other methods.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world"s automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world"s largest car exporter, exporting more than 3.5 million vehicles in 2022. Automotive gray iron castings are a critical component in the automotive manufacturing industry, playing important roles in key areas such as engines, braking systems, and suspension systems. With the global automotive market moving towards greater environmental sustainability and energy efficiency, automotive gray iron castings are also subject to new market trends. Stringent environmental regulations and increasing demands for reduced emissions and fuel efficiency are driving automotive manufacturers to seek lighter, higher-performance components while reducing their carbon footprint. Consequently, the market for automotive gray iron castings is gradually shifting towards more advanced materials and processes to meet these requirements. Furthermore, the rise of electric vehicles and autonomous driving technologies will have profound implications for the automotive gray iron castings market, as these emerging technologies demand higher precision and innovation, thereby altering the design and manufacturing requirements for castings. Therefore, automotive gray iron casting manufacturers need to stay in tune with market trends, innovate continuously, and adapt to the changing landscape of the automotive industry.
LP Information, Inc. (LPI) ' newest research report, the “Automotive Gray Iron Castings Industry Forecast” looks at past sales and reviews total world Automotive Gray Iron Castings sales in 2024, providing a comprehensive analysis by region and market sector of projected Automotive Gray Iron Castings sales for 2025 through 2031. With Automotive Gray Iron Castings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Gray Iron Castings industry.
This Insight Report provides a comprehensive analysis of the global Automotive Gray Iron Castings landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Gray Iron Castings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Gray Iron Castings market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Gray Iron Castings and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Gray Iron Castings.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Gray Iron Castings market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Vertical Molding
Horizontal Molding
Segmentation by Application:
Passenger Vehicle
Commercial Vehicle
Agricultural Machinery
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Hitachi Metals
Grede Foundry
Draxton
MAT Foundry
Weichai Power (Weifang) Casting
Faw Foundry
Neenah Foundry
Tianjin New Wei San Industrial
Huaxiang Group
Metal Technologies, Inc.
INTAT Precision
Meide Group
Farinia Group
Rochester Metal Products
Kutno
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Gray Iron Castings market?
What factors are driving Automotive Gray Iron Castings market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Gray Iron Castings market opportunities vary by end market size?
How does Automotive Gray Iron Castings break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
119 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Automotive Gray Iron Castings by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Automotive Gray Iron Castings by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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