Iron and Steel Casting Market, Global Outlook and Forecast 2023-2028

Report ID: 1632937 | Published Date: Jan 2025 | No. of Page: 77 | Base Year: 2024 | Rating: 4.6 | Webstory: Check our Web story

Iron and steel casting manufacturing refers to the manufacturing activities of various finished or semi-finished products of iron and steel metal casting. Iron and steel casting is the process of pouring molten iron and steel into a mold to form the desired shape. The process is often used for mass production of components that are widely used in the automotive, agricultural, power generation, oil and gas, manufacturing machinery and industrial sectors.
This report contains market size and forecasts of Iron and Steel Casting in global, including the following market information:
Global Iron and Steel Casting Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Iron and Steel Casting Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Iron and Steel Casting companies in 2021 (%)
The global Iron and Steel Casting market was valued at 117650 million in 2021 and is projected to reach US$ 137020 million by 2028, at a CAGR of 2.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Large Casting(40MT-320MT) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Iron and Steel Casting include ArcelorMittal, Amsted Rail, Tata Steel, Evraz, Hitachi Metals, Nucor, Kobe Steel, ESCO Group and Calmet, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Iron and Steel Casting manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Iron and Steel Casting Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Iron and Steel Casting Market Segment Percentages, by Type, 2021 (%)
Large Casting(40MT-320MT)
Medium Casting(9MT-40MT)
Small Casting(5Kg-8MT)
Global Iron and Steel Casting Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Iron and Steel Casting Market Segment Percentages, by Application, 2021 (%)
Automotive & Transport
Pipes & Fittings
Pumps & Valves
Machinery & Equipment
Other
Global Iron and Steel Casting Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Iron and Steel Casting Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Iron and Steel Casting revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Iron and Steel Casting revenues share in global market, 2021 (%)
Key companies Iron and Steel Casting sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Iron and Steel Casting sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ArcelorMittal
Amsted Rail
Tata Steel
Evraz
Hitachi Metals
Nucor
Kobe Steel
ESCO Group
Calmet
Hyundai Steel
Nelcast
OSCO Industries

Frequently Asked Questions
Iron and Steel Casting Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Iron and Steel Casting Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Iron and Steel Casting Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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