NEW YORK, Oct. 19, 2021 /PRNewswire/ --
The iron castings market is poised to grow by 1216.82 thousand MT from 2021 to 2025, according to Technavio.
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The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Benton Foundry Inc., BMF GROUP, Chamberlin Plc, Dandong Fuding Engineering Machinery Co. Ltd., Decatur Foundry Inc., Deeco Metals, Hitachi Metals Ltd., OSCO Industries Inc., Sumitomo Electric Industries Ltd., and thyssenkrupp AG are some of the major market participants.
The growth in the automobile segment will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Iron Castings Market 2021-2025: Segmentation
Iron Castings Market is segmented as below:
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Iron Castings Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our iron castings market report covers the following areas:
This study identifies industrialization in developing countries positively impacting the iron castings market growth during the next few years.
Iron Castings Market 2021-2025: Vendor Analysis
We provide a detailed analysis of vendors operating in the Iron Castings Market. Backed with competitive intelligence and benchmarking, our research reports on the Iron Castings Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Iron Castings Market 2021-2025: Key Highlights
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist iron castings market growth during the next five years
Estimation of the iron castings market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the iron castings market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of iron castings market vendors
Iron Castings Market Scope
Growth momentum & CAGR
Decelerate at a CAGR of 6.40%
Market growth 2021-2025
1216.82 th MT
YoY growth (%)
APAC, North America, Europe, South America, and MEA
Performing market contribution
APAC at 72%
Key consumer countries
China, India, US, Germany, and France
Leading companies, competitive strategies, consumer engagement scope
Benton Foundry Inc., BMF GROUP, Chamberlin Plc, Dandong Fuding Engineering Machinery Co. Ltd., Decatur Foundry Inc., Deeco Metals, Hitachi Metals Ltd., OSCO Industries Inc., Sumitomo Electric Industries Ltd., and thyssenkrupp AG
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents:
Value chain analysis
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Product
Comparison by Product
Gray iron - Market size and forecast 2020-2025
Ductile iron - Market size and forecast 2020-2025
Malleable iron - Market size and forecast 2020-2025
Market opportunity by Product
Market Segmentation by End-user
Comparison by End-user
Automobile - Market size and forecast 2020-2025
Industrial machinery - Market size and forecast 2020-2025
Power - Market size and forecast 2020-2025
Others - Market size and forecast 2020-2025
Market opportunity by End-user
APAC - Market size and forecast 2020-2025
North America - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market positioning of vendors
Benton Foundry Inc.
Dandong Fuding Engineering Machinery Co. Ltd.
Decatur Foundry Inc.
Hitachi Metals Ltd.
OSCO Industries Inc.
Sumitomo Electric Industries Ltd.
Scope of the report
Currency conversion rates for US$
List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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