Global Iron & Steel Casting Market, 2025-2033

Publisher PreciseView Reports

Published Oct 21, 2025

Length 232 Pages

SKU # PCSR20575735

Description

Global Iron and Steel Casting Market, valued at USD 152.7 billion in 2024, is projected to reach USD 227.4 billion by 2033, registering a CAGR of 4.5% during the 2025-2033 forecast period. This consistent advancement is propelled by robust automotive production surpassing 90 million vehicles annually worldwide, surging infrastructure developments demanding resilient gray iron components, and pioneering high-strength alloy formulations evolving at a 5% yearly rate for lightweight efficiency. The sector has gained significant traction since 2023, bolstered by post-recovery industrial rebounds and integrations of eco-efficient processes like recycled materials for enhanced sustainability. Key evolutions include the prominence of ductile iron for its superior durability, sand casting as the go-to method for high-volume outputs, and automotive & transportation leading applications in critical parts such as engines and suspensions. Compelling prospects encompass rapid industrialization in Asia Pacific nations like India for affordable die castings in machinery, North American strides in green alloys for aerospace resilience, and European expansions in renewable-focused continuous casting for energy equipment. However, hurdles such as intensive energy demands inflating operational costs, stringent emission controls in mature markets, and threats from lighter substitutes like aluminum in electronics persist as major constraints. Asia Pacific commands over 50% of the share, driven by China's manufacturing dominance and export prowess, while Latin America emerges as the fastest-growing at 5.5% CAGR, fueled by mining booms and building initiatives in Brazil.

In-depth breakdowns facilitate strategic positioning across materials, processes, applications, industries, and regions. Materials emphasize ductile iron for toughness, processes favor sand casting for scalability, applications highlight automotive & transportation for innovation, and industries underscore construction for foundational demand, with regional nuances-Asia Pacific for volume, Latin America for momentum, and Europe for sustainable advancements.

Market Segmentation:

By Material:

Iron (Gray Iron, Ductile Iron, White Iron, Malleable Iron)
Steel (Carbon Steel, Alloy Steel, Stainless Steel)

By Process:

Sand Casting
Die Casting
Investment Casting
Centrifugal Casting
Continuous Casting
Others

By Application:

Automotive & Transportation (Engine Components, Transmission Components, Suspension Components)
Pipes & Fittings
Machinery & Equipment (Industrial Machinery, Agricultural Machinery)
Construction (Structural Components, Manhole Covers)
Power & Energy (Power Generation Equipment, Oil & Gas Components)
Others

By End-Use Industry:

Automotive
Aerospace & Defense
Construction
Energy
Mining
Electrical & Electronics
Others

By Region:

North America (United States, Canada, Others)
Europe (United Kingdom, Germany, France, Italy, Spain, Others)
Asia Pacific (China, Japan, India, South Korea, Australia, Others)
Latin America (Brazil, Others)
Middle East & Africa (United Arab Emirates, Others)

Please note: Delivery Timeline: 3-5 Business Days

Research Objective
MARKET SEGMENTATION: Scope of the Study; Key Questions Answered in the Report
Chapter 1 Research Methodology: 1.1 Research Objective; 1.2 Market Research Process; 1.2.1 Data Procurement and Data Mining; 1.2.2 Data Analysis and Standardization; 1.2.3 Data Processing and Market Formulation; 1.2.4 Data Validation; 1.3 Market Research Approach; 1.3.1 Residential Research; 1.3.2 Commercial Research; 1.3.3 Assumptions & Limitations; 1.4 Year Considered for the Study
Chapter 2 Executive Summary: 2.1 Global Iron & Steel Casting Market Snapshot; 2.2 Global Iron & Steel Casting Market
Chapter 3 Market Variables and Scope: 3.1 Introduction to Iron & Steel Casting; 3.2 Classification and Scope
Chapter 4 Market Dynamics and Trends: 4.1 Global Iron & Steel Casting Market Dynamics; 4.2 Global Iron & Steel Casting Market Dynamics, Impact Analysis; 4.3 Market Drivers; 4.3.1 Driver 1; 4.3.2 Driver 2; 4.4 Market Restraints; 4.4.1 Restraint 1; 4.4.2 Restraint 2; 4.5 Market Opportunity; 4.5.1 Opportunity 1; 4.5.2 Opportunity 2
Chapter 5 Premium Insights: 5.1 Porter’s Five Forces Analysis; 5.1.1 Bargaining Power of Suppliers; 5.1.2 Bargaining Power of Buyers; 5.1.3 Threat of Substitute Types; 5.1.4 Rivalry among Existing Firms; 5.1.5 Threat of New Entrants; 5.2 Supply Chain Analysis; 5.3 Market Share Analysis of Key Players, 2024; 5.4 Market Entry Strategy Assessment; 5.5 Strategic Recommendation for Stakeholders
Chapter 6 Global Iron & Steel Casting Market, By Material: 6.1 Global Iron & Steel Casting Market, By Material, 2025 - 2033; 6.2 Iron; 6.2.1 Gray Iron; 6.2.2 Ductile Iron; 6.2.3 White Iron; 6.2.4 Malleable Iron; 6.3 Steel; 6.3.1 Carbon Steel; 6.3.2 Alloy Steel; 6.3.3 Stainless Steel
Chapter 7 Global Iron & Steel Casting Market, By Process: 7.1 Global Iron & Steel Casting Market, By Process, 2025 - 2033; 7.2 Sand Casting; 7.3 Die Casting; 7.4 Investment Casting; 7.5 Centrifugal Casting; 7.6 Continuous Casting; 7.7 Others
Chapter 8 Global Iron & Steel Casting Market, By Application: 8.1 Global Iron & Steel Casting Market, By Application, 2025 - 2033; 8.2 Automotive & Transportation; 8.2.1 Engine Components; 8.2.2 Transmission Components; 8.2.3 Suspension Components; 8.3 Pipes & Fittings; 8.4 Machinery & Equipment; 8.4.1 Industrial Machinery; 8.4.2 Agricultural Machinery; 8.5 Construction; 8.5.1 Structural Components; 8.5.2 Manhole Covers; 8.6 Power & Energy; 8.6.1 Power Generation Equipment; 8.6.2 Oil & Gas Components; 8.7 Others
Chapter 9 Global Iron & Steel Casting Market, By End-Use Industry: 9.1 Global Iron & Steel Casting Market, By End-Use Industry, 2025 - 2033; 9.2 Automotive; 9.3 Aerospace & Defense; 9.4 Construction; 9.5 Energy; 9.6 Mining; 9.7 Electrical & Electronics; 9.8 Others
Chapter 10 Global Iron & Steel Casting Market, By Region: 10.1 Overview; 10.2 North America; 10.2.1 North America Iron & Steel Casting Market, By Country; 10.2.2 North America Iron & Steel Casting Market, By Material; 10.2.3 North America Iron & Steel Casting Market, By Process; 10.2.4 North America Iron & Steel Casting Market, By Application; 10.2.5 North America Iron & Steel Casting Market, By End-Use Industry; 10.2.6 United States; 10.2.6.1 United States Iron & Steel Casting Market, By Material; 10.2.6.2 United States Iron & Steel Casting Market, By Process; 10.2.6.3 United States Iron & Steel Casting Market, By Application; 10.2.6.4 United States Iron & Steel Casting Market, By End-Use Industry; 10.2.7 Canada; 10.2.7.1 Canada Iron & Steel Casting Market, By Material; 10.2.7.2 Canada Iron & Steel Casting Market, By Process; 10.2.7.3 Canada Iron & Steel Casting Market, By Application; 10.2.7.4 Canada Iron & Steel Casting Market, By End-Use Industry; 10.2.8 Others; 10.2.8.1 Others Iron & Steel Casting Market, By Material; 10.2.8.2 Others Iron & Steel Casting Market, By Process; 10.2.8.3 Others Iron & Steel Casting Market, By Application; 10.2.8.4 Others Iron & Steel Casting Market, By End-Use Industry; 10.3 Europe; 10.3.1 Europe Iron & Steel Casting Market, By Country; 10.3.2 Europe Iron & Steel Casting Market, By Material; 10.3.3 Europe Iron & Steel Casting Market, By Process; 10.3.4 Europe Iron & Steel Casting Market, By Application; 10.3.5 Europe Iron & Steel Casting Market, By End-Use Industry; 10.3.6 United Kingdom; 10.3.6.1 United Kingdom Iron & Steel Casting Market, By Material; 10.3.6.2 United Kingdom Iron & Steel Casting Market, By Process; 10.3.6.3 United Kingdom Iron & Steel Casting Market, By Application; 10.3.6.4 United Kingdom Iron & Steel Casting Market, By End-Use Industry; 10.3.7 Germany; 10.3.7.1 Germany Iron & Steel Casting Market, By Material; 10.3.7.2 Germany Iron & Steel Casting Market, By Process; 10.3.7.3 Germany Iron & Steel Casting Market, By Application; 10.3.7.4 Germany Iron & Steel Casting Market, By End-Use Industry; 10.3.8 France; 10.3.8.1 France Iron & Steel Casting Market, By Material; 10.3.8.2 France Iron & Steel Casting Market, By Process; 10.3.8.3 France Iron & Steel Casting Market, By Application; 10.3.8.4 France Iron & Steel Casting Market, By End-Use Industry; 10.3.9 Italy; 10.3.9.1 Italy Iron & Steel Casting Market, By Material; 10.3.9.2 Italy Iron & Steel Casting Market, By Process; 10.3.9.3 Italy Iron & Steel Casting Market, By Application; 10.3.9.4 Italy Iron & Steel Casting Market, By End-Use Industry; 10.3.10 Spain; 10.3.10.1 Spain Iron & Steel Casting Market, By Material; 10.3.10.2 Spain Iron & Steel Casting Market, By Process; 10.3.10.3 Spain Iron & Steel Casting Market, By Application; 10.3.10.4 Spain Iron & Steel Casting Market, By End-Use Industry; 10.3.11 Others; 10.3.11.1 Others Iron & Steel Casting Market, By Material; 10.3.11.2 Others Iron & Steel Casting Market, By Process; 10.3.11.3 Others Iron & Steel Casting Market, By Application; 10.3.11.4 Others Iron & Steel Casting Market, By End-Use Industry; 10.4 Asia Pacific; 10.4.1 Asia Pacific Iron & Steel Casting Market, By Country; 10.4.2 Asia Pacific Iron & Steel Casting Market, By Material; 10.4.3 Asia Pacific Iron & Steel Casting Market, By Process; 10.4.4 Asia Pacific Iron & Steel Casting Market, By Application; 10.4.5 Asia Pacific Iron & Steel Casting Market, By End-Use Industry; 10.4.6 China; 10.4.6.1 China Iron & Steel Casting Market, By Material; 10.4.6.2 China Iron & Steel Casting Market, By Process; 10.4.6.3 China Iron & Steel Casting Market, By Application; 10.4.6.4 China Iron & Steel Casting Market, By End-Use Industry; 10.4.7 Japan; 10.4.7.1 Japan Iron & Steel Casting Market, By Material; 10.4.7.2 Japan Iron & Steel Casting Market, By Process; 10.4.7.3 Japan Iron & Steel Casting Market, By Application; 10.4.7.4 Japan Iron & Steel Casting Market, By End-Use Industry; 10.4.8 India; 10.4.8.1 India Iron & Steel Casting Market, By Material; 10.4.8.2 India Iron & Steel Casting Market, By Process; 10.4.8.3 India Iron & Steel Casting Market, By Application; 10.4.8.4 India Iron & Steel Casting Market, By End-Use Industry; 10.4.9 South Korea; 10.4.9.1 South Korea Iron & Steel Casting Market, By Material; 10.4.9.2 South Korea Iron & Steel Casting Market, By Process; 10.4.9.3 South Korea Iron & Steel Casting Market, By Application; 10.4.9.4 South Korea Iron & Steel Casting Market, By End-Use Industry; 10.4.10 Australia; 10.4.10.1 Australia Iron & Steel Casting Market, By Material; 10.4.10.2 Australia Iron & Steel Casting Market, By Process; 10.4.10.3 Australia Iron & Steel Casting Market, By Application; 10.4.10.4 Australia Iron & Steel Casting Market, By End-Use Industry; 10.4.11 Others; 10.4.11.1 Others Iron & Steel Casting Market, By Material; 10.4.11.2 Others Iron & Steel Casting Market, By Process; 10.4.11.3 Others Iron & Steel Casting Market, By Application; 10.4.11.4 Others Iron & Steel Casting Market, By End-Use Industry; 10.5 Latin America; 10.5.1 Latin America Iron & Steel Casting Market, By Country; 10.5.2 Latin America Iron & Steel Casting Market, By Material; 10.5.3 Latin America Iron & Steel Casting Market, By Process; 10.5.4 Latin America Iron & Steel Casting Market, By Application; 10.5.5 Latin America Iron & Steel Casting Market, By End-Use Industry; 10.5.6 Brazil; 10.5.6.1 Brazil Iron & Steel Casting Market, By Material; 10.5.6.2 Brazil Iron & Steel Casting Market, By Process; 10.5.6.3 Brazil Iron & Steel Casting Market, By Application; 10.5.6.4 Brazil Iron & Steel Casting Market, By End-Use Industry; 10.5.7 Others; 10.5.7.1 Others Iron & Steel Casting Market, By Material; 10.5.7.2 Others Iron & Steel Casting Market, By Process; 10.5.7.3 Others Iron & Steel Casting Market, By Application; 10.5.7.4 Others Iron & Steel Casting Market, By End-Use Industry; 10.6 Middle East and Africa (MEA); 10.6.1 Middle East and Africa (MEA) Iron & Steel Casting Market, By Country; 10.6.2 Middle East and Africa (MEA) Iron & Steel Casting Market, By Material; 10.6.3 Middle East and Africa (MEA) Iron & Steel Casting Market, By Process; 10.6.4 Middle East and Africa (MEA) Iron & Steel Casting Market, By Application; 10.6.5 Middle East and Africa (MEA) Iron & Steel Casting Market, By End-Use Industry; 10.6.6 United Arab Emirates; 10.6.6.1 United Arab Emirates Iron & Steel Casting Market, By Material; 10.6.6.2 United Arab Emirates Iron & Steel Casting Market, By Process; 10.6.6.3 United Arab Emirates Iron & Steel Casting Market, By Application; 10.6.6.4 United Arab Emirates Iron & Steel Casting Market, By End-Use Industry; 10.6.7 Others; 10.6.7.1 Others Iron & Steel Casting Market, By Material; 10.6.7.2 Others Iron & Steel Casting Market, By Process; 10.6.7.3 Others Iron & Steel Casting Market, By Application; 10.6.7.4 Others Iron & Steel Casting Market, By End-Use Industry
Chapter 11 Competitive Landscape: 11.1 Strategic Move Analysis; 11.1.1 Top Player Positioning/Market Share Analysis; 11.1.2 Top Winning Strategies, By Year, 2021-2024; 11.1.3 Competitive Analysis by Revenue, 2022-2024; 11.2 Recent Developments by the Market Participants (2024-25)
Chapter 12 Company Profiles: 12.1 ArcelorMittal; 12.1.1 Company Snapshot; 12.1.2 Company Overview; 12.1.3 Financial Performance; 12.1.4 Product Portfolio; 12.1.5 Strategic Growth; 12.2 POSCO; 12.2.1 Company Snapshot; 12.2.2 Company Overview; 12.2.3 Financial Performance; 12.2.4 Product Portfolio; 12.2.5 Strategic Growth; 12.3 Nippon Steel Corporation; 12.3.1 Company Snapshot; 12.3.2 Company Overview; 12.3.3 Financial Performance; 12.3.4 Product Portfolio; 12.3.5 Strategic Growth; 12.4 China Baowu Steel Group; 12.4.1 Company Snapshot; 12.4.2 Company Overview; 12.4.3 Financial Performance; 12.4.4 Product Portfolio; 12.4.5 Strategic Growth; 12.5 ThyssenKrupp AG; 12.5.1 Company Snapshot; 12.5.2 Company Overview; 12.5.3 Financial Performance; 12.5.4 Product Portfolio; 12.5.5 Strategic Growth; 12.6 Voestalpine AG; 12.6.1 Company Snapshot; 12.6.2 Company Overview; 12.6.3 Financial Performance; 12.6.4 Product Portfolio; 12.6.5 Strategic Growth; 12.7 JFE Steel Corporation; 12.7.1 Company Snapshot; 12.7.2 Company Overview; 12.7.3 Financial Performance; 12.7.4 Product Portfolio; 12.7.5 Strategic Growth; 12.8 Tata Steel Limited; 12.8.1 Company Snapshot; 12.8.2 Company Overview; 12.8.3 Financial Performance; 12.8.4 Product Portfolio; 12.8.5 Strategic Growth; 12.9 United States Steel Corporation; 12.9.1 Company Snapshot; 12.9.2 Company Overview; 12.9.3 Financial Performance; 12.9.4 Product Portfolio; 12.9.5 Strategic Growth; 12.10 Hyundai Steel Company; 12.10.1 Company Snapshot; 12.10.2 Company Overview; 12.10.3 Financial Performance; 12.10.4 Product Portfolio; 12.10.5 Strategic Growth; 12.11 JSW Steel Limited; 12.11.1 Company Snapshot; 12.11.2 Company Overview; 12.11.3 Financial Performance; 12.11.4 Product Portfolio; 12.11.5 Strategic Growth; 12.12 HBIS Group; 12.12.1 Company Snapshot; 12.12.2 Company Overview; 12.12.3 Financial Performance; 12.12.4 Product Portfolio; 12.12.5 Strategic Growth; 12.13 Nucor Corporation; 12.13.1 Company Snapshot; 12.13.2 Company Overview; 12.13.3 Financial Performance; 12.13.4 Product Portfolio; 12.13.5 Strategic Growth; 12.14 Gerdau S.A.; 12.14.1 Company Snapshot; 12.14.2 Company Overview; 12.14.3 Financial Performance; 12.14.4 Product Portfolio; 12.14.5 Strategic Growth; 12.15 CITIC Pacific Special Steel; 12.15.1 Company Snapshot; 12.15.2 Company Overview; 12.15.3 Financial Performance; 12.15.4 Product Portfolio; 12.15.5 Strategic Growth

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