Press release
Steel Casting Market: An Extensive Analysis Predicts Significant Future Growth
The Global Steel Casting Market size is estimated at $36.2 Billion in 2025 and is forecast to register an annual growth rate (CAGR) of 6.2% to reach $62.2 Billion by 2034The latest study released on the Global Steel Casting Market by USD Analytics Market evaluates market size, trend, and forecast to 2034. The Steel Casting market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in This Report Include:
ArcelorMittal S.A. (Luxembourg) , Tata Steel Limited (India) , Jindal Steel and Power Limited (India) , Hitachi Metals, Ltd. (Japan) , Mitsubishi Steel Mfg. Co., Ltd. (Japan) , Hyundai Steel Co., Ltd. (South Korea) , Kobe Steel, Ltd. (Japan) , POSCO (South Korea) , Peekay Steel Castings Pvt Ltd. (India) , The Weir Group Plc (United Kingdom)
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Definition:
Steel Casting is a process where the solid metal objects are filled with liquid steel. This liquid steel flows into the mold or the void and forms a shape. Steel also harder than iron to be casted. Steel has lower shrinkage rate and higher melting point. Steel has poor mechanical composition but that is compensated with its good chemical compositions. Rise of industrialisation and growth of the end user industries specifically automotive industry has led to the growth of the steel casting. Geographically, Asia Pacific is the biggest market of the steel casting.
Market Drivers:
• Increasing demand for lightweight & high-strength components, Growth in 3D printing & digital manufacturing in casting, Expansion in green casting technologies
Market Trends:
• Rising demand from infrastructure & industrial applications, Growth in high-performance alloy casting, Increasing investments in automation & AI-driven casting
Challenges:
• High energy consumption in production, Environmental concerns over emissions, Competition from alternative materials like composites
Major Highlights of the Steel Casting Market report released by USD Analytics
By Type (Low-Carbon Steel, Low-Alloy Heat-Resistant Steel, High-Alloy Heat-Resistant Steel), By End-User (Oil & Gas, Railroad Industry, Mining, Construction, Energy & Power, Automotive, Food & Beverages, Others).
Global Steel Casting market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
• -To carefully analyze and forecast the size of the Steel Casting market by value and volume.
• -To estimate the market shares of major segments of the Steel Casting market.
• -To showcase the development of the Steel Casting market in different parts of the world.
• -To analyze and study micro-markets in terms of their contributions to the Steel Casting market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the Steel Casting market.
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Steel Casting market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Major highlights from Table of Contents:
Steel Casting Market Study Coverage:
• It includes major manufacturers, emerging player's growth story, and major business segments of Steel Casting market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Steel Casting Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Steel Casting Market Production by Region Steel Casting Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Key Points Covered in Steel Casting Market Report:
• Steel Casting Overview, Definition and Classification Market drivers and barriers
• Steel Casting Market Competition by Manufacturers
• Steel Casting Capacity, Production, Revenue (Value) by Region (2025-2034)
• Steel Casting Supply (Production), Consumption, Export, Import by Region (2025-2034)
• Steel Casting Production, Revenue (Value), Price Trend by Type {Sand Casting, Investment Casting, Die Casting, Centrifugal Casting}
• Steel Casting Market Analysis by Application {Automotive, Aerospace, Energy, Heavy Machinery, Railways}
• Steel Casting Manufacturers Profiles/Analysis Steel Casting Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
Browse Complete Summary and Table of Content 👉 https://www.usdanalytics.com/industry-reports/steel-casting-market
Key questions answered
• How feasible is Steel Casting market for long-term investment?
• What are influencing factors driving the demand for Steel Casting near future?
• What is the impact analysis of various factors in the Global Steel Casting market growth?
• What are the recent trends in the regional market and how successful they are?
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, or Southeast Asia.
Contact Us:
Harry (Business Consultant)
USD Analytics Market
Phone: +1 213-510-3499
sales@usdanalytics.com
About Author:
USD Analytics Market is a leading information and analytics provider for customers across industries worldwide. Our high-quality research publications are connected market. Intelligence databases and consulting services support end-to-end support our customer research needs.
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