Global Iron Casting Market Size & Outlook, 2025-2030
Global iron casting market, 2018-2030 (US$M)
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Global iron casting market highlights
- The global iron casting market generated a revenue of USD 117,370.4 million in 2024 and is expected to reach USD 172,357.2 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 6.8% by 2030.
- In terms of segment, gray accounted for a revenue of USD 79,583.6 million in 2024.
- Ductile is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 117,370.4 million |
| Market revenue in 2030 | USD 172,357.2 million |
| Growth rate | 6.8% (CAGR from 2025 to 2030) |
| Largest segment | Gray |
| Fastest growing segment | Ductile |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gray, Ductile, Malleable |
Other key industry trends
- In terms of revenue, the North America accounted for 15.0% of the global iron casting market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 21,997.9 million by 2030.
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Iron Casting Market Scope
Iron Casting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Newby Foundries | View profile | 51-100 | Wednesbury, Staffordshire, United Kingdom, Europe | https://newbyfoundries.co.uk/ |
| Xinxing Ductile Iron Pipes | View profile | 1001-5000 | Wuan, Hebei, China, Asia | http://www.xinxing-pipes.com |
| Crescent Foundry | View profile | 1001-5000 | Kolkata, West Bengal, India, Asia | https://www.crescentfoundry.com |
| Chamberlin Plc | View profile | 251-500 | Walsall, Walsall, United Kingdom, Europe | http://www.chamberlin.co.uk/ |
| Brakes India | View profile | 1001-5000 | Chennai, Tamil Nadu, India, Asia | https://www.brakesindia.com |
| Grupo Industrial Saltillo(GIS) | View profile | 5001-10000 | Saltillo, Coahuila de Zaragoza, Mexico, North America | http://www.gis.com.mx/# |
| Calumet Specialty Products Partners LP | View profile | 1580 | 2780 Waterfront Parkway East Drive, Suite 200, Indianapolis, IN, United States, 46214 | https://www.calumetspecialty.com |
| Georg Fischer AG | View profile | 19824 | Amsler-Laffon-Strasse 9, Schaffhausen, Switzerland, 8201 | https://www.georgfischer.com |
| POSCO Holdings Inc ADR | View profile | 44501 | POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, Korea, Republic of, 06194 | https://www.posco.co.kr |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
Global iron casting market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to iron casting market will help companies and investors design strategic landscapes.
Gray was the largest segment with a revenue share of 67.81% in 2024. Horizon Databook has segmented the Global iron casting market based on gray, ductile, malleable covering the revenue growth of each sub-segment from 2018 to 2030.
Market Dynamics
Iron castings are extensively utilized in pipes and fittings across residential and industrial sectors. Centrifugal casting is a popular method used for producing pipes and fittings. Applications of casted pipes & fittings include sewage grids, manhole assemblies, fittings, couplings, and valves. Their long-lasting characteristic makes them applicable in both soil and water.
Pipe fittings made of cast iron, such as adapters, elbow, reducer, tee, coupling, and union, offer abrasion resistance from garbage disposal residue, debris, sand, gravel, and dishwasher discharge, thus making them a preferred choice in drain or sewer systems. Plumbers prefer installing cast iron pipes & fittings in all types of buildings. The increasing number of projects related to sanitization, sewage, and wastewater treatment are expected to benefit market growth over the coming years.
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Target buyers of Global iron casting market databook
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Our clientele includes a mix of iron casting market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global iron casting market , including forecasts for subscribers. This global databook contains high-level insights into Global iron casting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global iron casting market size, by regions, 2018-2030 (US$M)
Top 10 countries: Iron casting market size, 2024 (US$M)
Global iron casting market share, by product, 2024 & 2030 (%, US$M)
Iron casting market: Opportunity assessment by country
Global iron casting market, by region, 2024 (US$M)
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