The global Gray Iron Castings market was valued at 4875.65 Million USD in 2021 and will grow with a CAGR of 2.13% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.Global Gray Iron Castings key players include Hitachi Metals, Grede Foundry, Draxton, MAT Foundry, Weichai Power (Weifang), etc. Global top five manufacturers hold a share over 2%. Asia-Pacific is the largest market, with a share over 60%, followed by North America and Europe, both have a share about 20% percent. In terms of product, Vertical Molding is the largest segment, with a share over 60%. And in terms of application, the largest application is Automotive, followed by Agriculture, Construction and Mining Machinery & Equipment.

By Market Verdors:

Hitachi Metals

Grede Foundry

Draxton

MAT Foundry

Weichai Power (Weifang) Casting

Faw Foundry Co., Ltd.

Neenah Foundry

Tianjin New Wei San Industrial

Huaxiang Group

Metal Technologies, Inc.

INTAT Precision

Meide Group

Farinia Group

Rochester Metal Products

Kutno

Denizciler

Willman Industries

Aarrowcast, Inc.

By Types:

Vertical Molding

Horizontal Molding

By Applications:

Automotive

Agriculture, Construction and Mining

Machinery & Equipment

Municipal

Energy

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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