Iron and Steel Casting Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2027

The global metal casting market size was valued at $123.8 billion in 2018 and is expected to grow at a CAGR of 5% from 2021 to 2027. The growing demand for castings in the automotive sector is expected to drive the market growth during the forecast period.

Metal casting is one of the widely used manufacturing processes and molten metal is poured into a die or sand mold to achieve the desired shape. It helps in the production of large, complex parts in a variety of industries. Strict regulations on automotive pollution and energy efficiency requirements are fueling the growth of the metal foundry industry. Regulations have forced automakers to switch to lightweight vehicles to improve fuel economy.

Key Market Players

• Amsted Rail Company Inc.
• Calmet, Inc.
• ESCO Corporation
• Evraz plc
• Hitachi Metals, Ltd.
• Kobe Steel, Ltd.
• Nelcast Limited
• Nucor Corporation
• OSCO Industries, Inc.
• Tata Steel Limited

Iron and Steel Casting Market: Segmentation

By Material

• Iron
• Steel

By Process

• Sand casting
• Die casting
• Others

By Application

• Automotive
• Industrial machinery
• Pipes, fittings and valves
• Power & electrical
• Sanitary
• Others

Key Questions Answered by Iron and Steel Casting Market Report

• What was the Iron and Steel Casting Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Iron and Steel Casting Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Iron and Steel Casting Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume