Press release
Iron & Steel Casting Market price trends, development share & forecast 2017-2024
Iron & steel casting market will be chiefly driven by high growth in the construction industry where steel plates and heavy construction equipment are used. Construction industry was valued around USD 8 trillion in 2015 and is expected to grow at a healthy rate due to economic growth in Asia Pacific and North America.
Global Iron & Steel Casting Market size will be driven by growth of its various end-user industries such as construction, mining, and automobiles.
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Iron & steel casting market will also be augmented by rising demand for automobiles as the product is extensively employed to fabricate engine parts. Total vehicle production in 2015 was more than 90 million and it is projected to increase in the coming years due to high demand in developing economies like China, India, Brazil etc.
By material type, iron & steel casting market is segmented into two major categories, which are iron casting and steel casting.
By product, iron & steel casting market is segmented as bars, pipes & tubes, sheets & plates, semi-finished cast products and other types such as rods, balls, etc.
Iron & steel casting market, by end-user, is segmented into machine tools, mining, transportation, construction, electrical, steel industry and other end-users such as power generation, defense, etc.
Asia pacific is a significant iron & steel casting market due to robust industrialization in countries like China and India. Fast developing infrastructure and construction industry in this region will be a major factor resulting in increase in the market share in Asia Pacific.
Reasons to Buy This Report :
Iron & Steel Casting Market size & forecast by product & application.
Growth drivers, pitfalls & industry challenges.
Iron & Steel Casting Market growth opportunities & emerging business models.
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Iron & Steel Casting Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Iron & Steel Casting Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2012 - 2023
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends
4. Iron & Steel Casting Product Insights
5. Iron & Steel Casting Application Insights
6. Iron & Steel Casting Regional Insights
7. Competitor Profiles-
Key players in the global iron & steel casting market are ArcelorMittal SA, Steel Authority of India Limited (SAIL), Tata Group, ThyssenKrupp AG, The Voestalpine Group, Hebei Iron and Steel Group Co, SSAB AB, POSCO, Shanghai Baosteel Group Corporation, Peekay Steel, Pacific Steel Casting Company LLC, Hitachi Metals, ESCO, Calmet and Kobe Steel.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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Email: sales@gminsights.com
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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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