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.
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 2025
USD 1,736.7 million
Market revenue in 2033
USD 2,805.5 million
Growth rate
6.3% (CAGR from 2026 to 2033)
Largest segment
Gray
Fastest growing segment
Ductile
Historical data
2021 - 2024
Base year
2025
Forecast period
2026 - 2033
Quantitative units
Revenue in USD million
Market segmentation
Gray, Ductile, Malleable
Key market players worldwide
Hitachi 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.
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)