North America Iron Casting Market Size & Outlook, 2026-2033
- Metals & Mining
- Metals, Mining & Minerals
- Iron Casting Market Outlook
- Metals, Mining & Minerals
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North America iron casting market highlights
- The North America iron casting market generated a revenue of USD 18,523.9 million in 2025.
- The market is expected to grow at a CAGR of 6.7% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2026 to 2033.
North America data book summary
| Market revenue in 2025 | USD 18,523.9 million |
| Market revenue in 2033 | USD 30,736.4 million |
| Growth rate | 6.7% (CAGR from 2026 to 2033) |
| Largest segment | Gray |
| Fastest growing segment | Ductile |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 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, North America region accounted for 14.9% of the global iron casting market in 2025.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 151,393.0 million by 2033.
North America is one of the key regional markets for iron castings. The region’s GDP growth rate plunged by 3.5% in 2020 owing to the COVID-19 pandemic. However, the GDP of the region reached the pre-pandemic level in December 2021.
In June 2020, the Mexican government started construction of the Mayan Train project. In this project, the government is expected to build a 1,525 km-long railway line across the country. It is a priority project for the government for freight and passenger transportation.
The first phase of the project is expected to finish by 2023. Such projects are anticipated to propel the use of iron castings in the region over the coming years. The U.S. is trying to reduce carbon emissions and to achieve this, the country is investing in renewable energy.
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Publish Date: Jun 11, 2026
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Iron Casting Market Scope
Iron Casting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hitachi Ltd | View profile | 322,525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | www.hitachi.com |
| POSCO Holdings Inc ADR | View profile | 44,501 | POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, Korea, Republic of, 06194 | www.posco.co.kr |
| Georg Fischer AG | View profile | 19,824 | Amsler-Laffon-Strasse 9, Schaffhausen, Switzerland, 8201 | www.georgfischer.com |
| Calumet Specialty Products Partners LP | View profile | 1,580 | 2780 Waterfront Parkway East Drive, Suite 200, Indianapolis, IN, United States, 46214 | www.calumetspecialty.com |
| Grupo Industrial Saltillo(GIS) | View profile | 5001-10000 | Saltillo, Coahuila de Zaragoza, Mexico, North America | www.gis.com.mx/# |
| Brakes India | View profile | 1001-5000 | Chennai, Tamil Nadu, India, Asia | www.brakesindia.com |
| Chamberlin Plc | View profile | 251-500 | Walsall, Walsall, United Kingdom, Europe | www.chamberlin.co.uk/ |
| Crescent Foundry | View profile | 1001-5000 | Kolkata, West Bengal, India, Asia | www.crescentfoundry.com |
| Xinxing Ductile Iron Pipes | View profile | 1001-5000 | Wuan, Hebei, China, Asia | www.xinxing-pipes.com |
| Newby Foundries | View profile | 51-100 | Wednesbury, Staffordshire, United Kingdom, Europe | newbyfoundries.co.uk/ |
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 63.63% in 2025.
Horizon Databook has segmented the North America iron casting market based on gray, ductile, malleable covering the revenue growth of each sub-segment from 2021 to 2033.
North America is one of the key regional markets for iron castings. The region’s GDP growth rate plunged by 3.5% in 2020 owing to the COVID-19 pandemic. However, the GDP of the region reached the pre-pandemic level in December 2021.
In June 2020, the Mexican government started construction of the Mayan Train project. In this project, the government is expected to build a 1,525 km-long railway line across the country. It is a priority project for the government for freight and passenger transportation.
The first phase of the project is expected to finish by 2023. Such projects are anticipated to propel the use of iron castings in the region over the coming years. The U.S. is trying to reduce carbon emissions and to achieve this, the country is investing in renewable energy.
- North America Iron Casting Market Product Outlook (Revenue, USD Million , 2021-2033)
- Gray
- Ductile
- Malleable
- 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 continent-level data and insights on the North America Iron Casting Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Iron Casting Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
North America Iron Casting Market, 2021-2033 (US$M)
North America Product - Iron Casting Market Statistics, 2025 - 2033 (US$M)
