Ductile Cast Iron Market Size, Share, Development by 2024

Global Info Research offers a latest published report on Ductile Cast Iron Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.

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Ductile iron, also known as ductile cast iron, nodular cast iron, spheroidal graphite iron, spheroidal graphite cast iron and SG iron, is a type of graphite-rich cast iron discovered in 1943 by Keith Millis. While most varieties of cast iron are weak in tension and brittle, ductile iron has much more impact and fatigue resistance, due to its nodular graphite inclusions.

Scope of the Report:
Global market for Ductile Cast Iron is driven by growing manufacturing activity, particularly rising automobile parts production in developing markets. Growth in the market is driven by regional powerhouses, China and India, which continue to witness steady increases in outsourced manufacturing activity.
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
The worldwide market for Ductile Cast Iron is expected to grow at a CAGR of roughly -1.3% over the next five years, will reach 2800 million US$ in 2024, from 2990 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Ductile Cast Iron in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
    Waupaca Foundry
    American Axle & Manufacturing (AAM)
    Neenah Foundry
    Metal Technologies, Inc.
    Cifunsa
    Wescast Industries(Bohong)
    INTAT Precision
    Chassix
    Aarrowcast, Inc.
    Cadillac Casting, Inc.
    Rochester Metal Products
    Goldens'Foundry
    Weichai
    Georg Fischer
    Dotson
    Nelcast
    Willman Industries
    Gartland Foundry

Market Segment by Regions, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, UK, Russia and Italy)
    Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
    South America (Brazil, Argentina, Colombia etc.)
    Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
    Vertical Molding Ductile Iron
    Horizontal Molding Ductile Cast Iron

Market Segment by Applications, can be divided into
    Machinery & Equipment
    Automotive
    Construction
    Oil & Gas
    Aerospace
    Others

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Related Information:
North America Ductile Cast Iron Market Growth 2019-2024
United States Ductile Cast Iron Market Growth 2019-2024
Asia-Pacific Ductile Cast Iron Market Growth 2019-2024
Europe Ductile Cast Iron Market Growth 2019-2024
EMEA Ductile Cast Iron Market Growth 2019-2024
Global Ductile Cast Iron Market Growth 2019-2024
China Ductile Cast Iron Market Growth 2019-2024

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