Global High Chromium Wear-resistant Cast Iron Plate Market Growth 2025-2031

The global High Chromium Wear-resistant Cast Iron Plate market size is predicted to grow from US$ 802 million in 2025 to US$ 1042 million in 2031; it is expected to grow at a CAGR of 4.5% from 2025 to 2031.

High chromium wear-resistant cast iron plate is mainly composed of Fe (iron), Cr (chromium), and C (carbon), and is a multi-element alloy. Among them, the chromium content is usually between 24% and 30%, and the carbon content is between 2.0% and 3.6%. This specific alloy composition gives the high chromium wear-resistant cast iron plate unique physical and chemical properties. The large amount of chromium added to the high chromium wear-resistant cast iron plate transforms the M3C carbide in the original white cast iron into M7C3 carbide. This alloy carbide has extremely high hardness, which gives the high chromium wear-resistant cast iron plate good wear resistance. At the same time, during the solidification process, the M7C3 carbide is isolated and distributed in a rod shape, which improves the toughness of the high chromium wear-resistant cast iron plate to a certain extent.

United States market for High Chromium Wear-resistant Cast Iron Plate is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for High Chromium Wear-resistant Cast Iron Plate is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for High Chromium Wear-resistant Cast Iron Plate is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key High Chromium Wear-resistant Cast Iron Plate players cover Fonderie, ESW, Nihon, Metso Corporation, JADCO Manufacturing, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “High Chromium Wear-resistant Cast Iron Plate Industry Forecast” looks at past sales and reviews total world High Chromium Wear-resistant Cast Iron Plate sales in 2024, providing a comprehensive analysis by region and market sector of projected High Chromium Wear-resistant Cast Iron Plate sales for 2025 through 2031. With High Chromium Wear-resistant Cast Iron Plate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High Chromium Wear-resistant Cast Iron Plate industry.

This Insight Report provides a comprehensive analysis of the global High Chromium Wear-resistant Cast Iron Plate 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 High Chromium Wear-resistant Cast Iron Plate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global High Chromium Wear-resistant Cast Iron Plate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High Chromium Wear-resistant Cast Iron Plate 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 High Chromium Wear-resistant Cast Iron Plate.

This report presents a comprehensive overview, market shares, and growth opportunities of High Chromium Wear-resistant Cast Iron Plate market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Martensite
Austenite

Segmentation by Application:
Mining
Cement
Electricity
Metallurgy
Others

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.
Fonderie
ESW
Nihon
Metso Corporation
JADCO Manufacturing
Calyco Castings
Aceros Arequipa
Hardox Wearparts
Castolin Eutectic
Columbia Steel Casting
Jiangsu Fengfeng Wear-Resistant Materials
Henan Dingfeng Wear-Resistant Materials
Hunan Hongyu Wear-Resistant New Materials
Anhui Fengxing Wear-Resistant Materials
Jiangxi Hengsheng Wear-Resistant Materials
Sichuan Jinshi Dongfang New Materials Technology
Ma'anshan Haitian Heavy Industry Technology Development
Anhui Xinma Casting Technology
Qingyun Huishun Machinery Parts
Jiangsu Jinguo Heavy Industry Machinery
Shenzhen Huacheng Metal Materials

Key Questions Addressed in this Report

What is the 10-year outlook for the global High Chromium Wear-resistant Cast Iron Plate market?

What factors are driving High Chromium Wear-resistant Cast Iron Plate market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do High Chromium Wear-resistant Cast Iron Plate market opportunities vary by end market size?

How does High Chromium Wear-resistant Cast Iron Plate break out by Type, by Application?

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