Global Grey and Ductile Iron Castings Industry Research Report, Growth Trends and Competitive Analysis 2024-2030

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.

Cast iron is a family of metals produced by smelting metal, and then pouring it into a mold. The primary difference in production between wrought iron and cast iron is that cast iron is not worked with hammers and tools. There are also differences in composition-cast iron contains 2-4% carbon and other alloys, and 1-3% of silicon, which improves the casting performance of the molten metal. Small amounts of manganese and some impurities like sulfur and phosphorous may also be present. Differences between wrought iron and cast iron can also be found in the details of chemical structure and physical properties.

Due to the presence of carbon in cast iron, it may sometimes be confused with steel. However, there are significant differences. Steel contains less than 2% carbon, which enables the final product to solidify in a single microcrystalline structure. The higher carbon content of cast iron means that it solidifies as a heterogeneous alloy, and therefore has more than one microcrystalline structure present in the material.

Gray Iron, or grey cast iron, is a type of cast iron that has a graphitic microstructure. It is named after the gray color of the fracture it forms, which is due to the presence of graphite. Gray Iron is widely used in engineering applications.

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.

The global Grey and Ductile Iron Castings market size was US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.

The leading companies of this product are Hitachi Metals, Grede Foundry, Draxton, MAT Foundry and Metal Technologies, Inc. The competition is fierce, and the top five companies occupy only 10% of the market share.

The United States occupies 90% of the market share in North America. Germany occupies one-third of the market share in Europe.

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This product is mainly used in the automotive industry. Occupies 1/2 of the consumer market.

In terms of production side, this report researches the Grey and Ductile Iron Castings capacity, production, growth rate, market share by manufacturers, region level and country level, from 2019 to 2024, and forecast to 2030.

In terms of sales (consumption) side, this report focuses on the sales of Grey and Ductile Iron Castings by region (Countries), company, type and application. from 2019 to 2024 and forecast to 2030.

The global Grey and Ductile Iron Castings market is thoroughly, accurately, and comprehensively assessed in the report with a large focus on market dynamics, market competition, regional growth, segmental analysis, and key growth strategies. Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by type segment of the global Grey and Ductile Iron Castings market. These figures have been provided in terms of both revenue and volume for the period 2019-2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

Market Segmentation

By Company

Hitachi Metals

Grede Foundry

Draxton

MAT Foundry

Weichai Power (Weifang) Casting

Metal Technologies, Inc.

Tianjin New Wei San Industrial

FAW Foundry Co., Ltd.

Huaxiang Group

Neenah Foundry

Wescast Industries

INTAT Precision

Castings PLC

Aludyne

Meide Group

Rochester Metal Products

Georg Fischer

Kutno

Farinia Group

ACO Eurobar

Denizciler

Silbitz Group

Willman Industries

Aarrowcast, Inc.

Goldens'Foundry

By Type

Vertical Molding

Horizontal Molding

By Application

Auto Industry

Construction

Machinery & Equipment

Aerospace

Energy

Others

Production by Region

North America

Europe

Japan

China

Sales by Region

North America

U.S.

Canada

China

APAC (excluding China)

Japan

South Korea

China Taiwan

Southeast Asia

Europe

Germany

France

U.K.

Italy

Russia

Middle East, Africa, Latin America

Brazil

Mexico

Turkey

Israel

GCC Countries

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc.), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Sales (consumption), revenue of Grey and Ductile Iron Castings in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 3: Grey and Ductile Iron Castings production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.

Chapter 4: Detailed analysis of Grey and Ductile Iron Castings manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 5: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: North America by company, by type, by application and by country, sales, and revenue for each segment.

Chapter 8: Europe by company, by type, by application and by country, sales, and revenue for each segment.

Chapter 9: China by company, by type and by application, sales, and revenue for each segment.

Chapter 10: APAC (excluding China) by company, by type, by application and by region, sales, and revenue for each segment.

Chapter 11: Middle East, Africa, and Latin America by company, by type, by application and by country, sales, and revenue for each segment.

Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Grey and Ductile Iron Castings sales, revenue, price, gross margin, and recent development, etc.

Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.

Chapter 14: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 15: The main points and conclusions of the report.

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