South Africa Iron Casting Market Size & Outlook, 2026-2033
- Metals & Mining
- Metals, Mining & Minerals
- Iron Casting Market Outlook
- Metals, Mining & Minerals
Global Market
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South Africa iron casting market highlights
- The South Africa iron casting market generated a revenue of USD 542.2 million in 2025 and is expected to reach USD 826.8 million by 2033.
- The South Africa market is expected to grow at a CAGR of 5.6% 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 542.2 million |
| Market revenue in 2033 | USD 826.8 million |
| Growth rate | 5.6% (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, South Africa accounted for 0.4% 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 Middle East & Africa, South Africa iron casting market is projected to lead the regional market in terms of revenue in 2033.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 826.8 million by 2033.
South Africa’s economy suffered a contraction of 6.4% in 2020. However, the country’s GDP expanded by 4.9% in 2021. The country’s industrial growth rate is expected to be sluggish in 2022 owing to political turmoil, power shortage, rising input cost, and low vaccination, which has resulted in a decline of industrial production in Q3 2021.
The project consists of 12 wind farms and 13 photovoltaic plants, which are worth USD 2.8 billion. The project is anticipated to be completed by 2025. The country is investing to construct a new rail corridor.
For instance, in August 2021, Daimler Trucks AG announced to acquire Ukuvela Holdings and its subsidiaries, namely Atlantis Foundries Pty and Ukuvela Properties Pty. Ltd. The proposed acquisition is anticipated to help Daimler Trucks AG fulfill its automotive cast components demand.
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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/ |
South Africa 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 68.11% in 2025.
Horizon Databook has segmented the South Africa iron casting market based on gray, ductile, malleable covering the revenue growth of each sub-segment from 2021 to 2033.
South Africa’s economy suffered a contraction of 6.4% in 2020. However, the country’s GDP expanded by 4.9% in 2021. The country’s industrial growth rate is expected to be sluggish in 2022 owing to political turmoil, power shortage, rising input cost, and low vaccination, which has resulted in a decline of industrial production in Q3 2021.
The project consists of 12 wind farms and 13 photovoltaic plants, which are worth USD 2.8 billion. The project is anticipated to be completed by 2025. The country is investing to construct a new rail corridor.
For instance, in August 2021, Daimler Trucks AG announced to acquire Ukuvela Holdings and its subsidiaries, namely Atlantis Foundries Pty and Ukuvela Properties Pty. Ltd. The proposed acquisition is anticipated to help Daimler Trucks AG fulfill its automotive cast components demand.
- South Africa Iron Casting Market Product Outlook (Revenue, USD Million , 2021-2033)
- Gray
- Ductile
- Malleable
- South Africa 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 South Africa Iron Casting Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Africa Iron Casting Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
South Africa Iron Casting Market, 2021-2033 (US$M)
South Africa Product - Iron Casting Market Statistics, 2025 - 2033 (US$M)
