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Mexico - North America Iron Casting Market Size & Outlook

The iron casting market in Mexico - North America is expected to reach a projected revenue of US$ 2,805.5 million by 2033. A compound annual growth rate of 6.3% is expected of Mexico - North America iron casting market from 2026 to 2033.

  • Metals & Mining
    • Metals, Mining & Minerals
      • Iron Casting Market Outlook
Revenue, 2025 (US$M)
$1,736.7
Estimate, 2026 (US$M)
$1,824.9
Forecast, 2033 (US$M)
$2,805.5
CAGR, 2026 - 2033
6.3%
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Mexico iron casting market highlights

  • The Mexico iron casting market generated a revenue of USD 1,736.7 million in 2025 and is expected to reach USD 2,805.5 million by 2033.
  • The Mexico market is expected to grow at a CAGR of 6.3% from 2026 to 2033.
  • In terms of segment, gray was the largest revenue generating product in 2025.
  • Ductile is the most lucrative product segment registering the fastest growth during the forecast period.


Iron casting market data book summary

Market revenue in 2025USD 1,736.7 million
Market revenue in 2033USD 2,805.5 million
Growth rate6.3% (CAGR from 2026 to 2033)
Largest segmentGray
Fastest growing segmentDuctile
Historical data2021 - 2024
Base year2025
Forecast period2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationGray, Ductile, Malleable
Key market players worldwideHitachi Ltd, POSCO Holdings Inc ADR, Georg Fischer AG, Calumet Specialty Products Partners LP, Brakes India, Chamberlin Plc, Crescent Foundry, Xinxing Ductile Iron Pipes, Newby Foundries, Grupo Industrial Saltillo(GIS)


Other key industry trends

  • In terms of revenue, Mexico accounted for 1.4% of the global iron casting market in 2025.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2033.
  • In North America, U.S. iron casting market is projected to lead the regional market in terms of revenue in 2033.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 26,313.2 million by 2033.

Manufacturing and exports reached above pre-pandemic levels in November 2021. The government of Mexico is trying to boost the growth of industries such as energy, railways, ports, construction, and highways & roads, which is anticipated to propel iron castings demand in the country over the forecast period.

For instance, in October 2020, the government of Mexico announced a USD 14.2 billion infrastructure investment plan. The plan consists of various projects such as water treatment, ports, roads, and logistics and 50% of the investment is for energy sector.

For instance, as of June 2021, local governments in the country introduced processes for building around 12 new wastewater treatment plants in Central & Southern states. The Mexican government launched 38 infrastructure tenders for the construction, modernization, and rehabilitation of wastewater treatment plants.

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Publish Date: Jun 11, 2026

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Iron Casting Market Companies

NameProfile# EmployeesHQWebsite
Hitachi LtdView profile 322,5256-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280www.hitachi.com
POSCO Holdings Inc ADRView profile 44,501POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, Korea, Republic of, 06194www.posco.co.kr
Georg Fischer AGView profile 19,824Amsler-Laffon-Strasse 9, Schaffhausen, Switzerland, 8201www.georgfischer.com
Calumet Specialty Products Partners LPView profile 1,5802780 Waterfront Parkway East Drive, Suite 200, Indianapolis, IN, United States, 46214www.calumetspecialty.com
Grupo Industrial Saltillo(GIS)View profile 5001-10000Saltillo, Coahuila de Zaragoza, Mexico, North Americawww.gis.com.mx/#
Brakes IndiaView profile 1001-5000Chennai, Tamil Nadu, India, Asiawww.brakesindia.com
Chamberlin PlcView profile 251-500Walsall, Walsall, United Kingdom, Europewww.chamberlin.co.uk/
Crescent FoundryView profile 1001-5000Kolkata, West Bengal, India, Asiawww.crescentfoundry.com
Xinxing Ductile Iron PipesView profile 1001-5000Wuan, Hebei, China, Asiawww.xinxing-pipes.com
Newby FoundriesView profile 51-100Wednesbury, Staffordshire, United Kingdom, Europenewbyfoundries.co.uk/

Mexico - North America 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 Outlook will help companies and investors design strategic landscapes.


Gray was the largest segment with a revenue share of 64.01% in 2025.

Horizon Databook has segmented the Mexico - North America iron casting market based on gray, ductile, malleable covering the revenue growth of each sub-segment from 2021 to 2033.




Manufacturing and exports reached above pre-pandemic levels in November 2021. The government of Mexico is trying to boost the growth of industries such as energy, railways, ports, construction, and highways & roads, which is anticipated to propel iron castings demand in the country over the forecast period.

For instance, in October 2020, the government of Mexico announced a USD 14.2 billion infrastructure investment plan. The plan consists of various projects such as water treatment, ports, roads, and logistics and 50% of the investment is for energy sector.

For instance, as of June 2021, local governments in the country introduced processes for building around 12 new wastewater treatment plants in Central & Southern states. The Mexican government launched 38 infrastructure tenders for the construction, modernization, and rehabilitation of wastewater treatment plants.

  • Mexico - North America Iron Casting Market Product Outlook (Revenue, USD Million , 2021-2033)
    • Gray
    • Ductile
    • Malleable
  • Mexico - North America Iron Casting Market Application Outlook (Revenue, USD Million , 2021-2033)
    • Machinery & Tools
    • Pipes & Fittings
    • Railways
    • Power Generation
    • Automotive
    • Others

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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico - North America Iron Casting Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - North America Iron Casting Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.

Mexico - North America Iron Casting Market, 2021-2033 (US$M)

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Mexico Product - Iron Casting Market Statistics, 2025 - 2033 (US$M)

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Mexico Product - Iron Casting Market Statistics, 2025 - 2033 (USD Million)

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