Turkey - Europe Iron Casting Market Size & Outlook
- Metals & Mining
- Metals, Mining & Minerals
- Iron Casting Market Outlook
- Metals, Mining & Minerals
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Turkey iron casting market highlights
- The Turkey iron casting market generated a revenue of USD 3,170.3 million in 2025 and is expected to reach USD 5,537.6 million by 2033.
- The Turkey market is expected to grow at a CAGR of 7.4% 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 3,170.3 million |
| Market revenue in 2033 | USD 5,537.6 million |
| Growth rate | 7.4% (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, Turkey accounted for 2.6% 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 Europe, Germany iron casting market is projected to lead the regional market in terms of revenue in 2033.
- UK is the fastest growing regional market in Europe and is projected to reach USD 603.8 million by 2033.
The Turkish economy grew by 1.8% in 2020. Turkey was one of the few countries which avoided the contraction due to the pandemic. In 2021, the Turkish economy registered an 11% year-on-year growth. The government is trying to maintain its growth by investing heavily in various industries such as infrastructure, energy, railways, and construction.
The country is trying to improve its railway connectivity. In June 2021, the Turkish government announced that they are aiming to build 16,775 kilometers long railway tracks in the country and its construction is expected to complete by 2023.
These kinds of decisions will boost the usage of iron casting over the forecast period. Turkey government to finance its project Infrastructure for Tomorrow (i4t). This project involves the construction of double track electrified high-speed railway between Ispartakul and Cerkezkoy.
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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/ |
Turkey - Europe 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 68.65% in 2025.
Horizon Databook has segmented the Turkey - Europe iron casting market based on gray, ductile, malleable covering the revenue growth of each sub-segment from 2021 to 2033.
The Turkish economy grew by 1.8% in 2020. Turkey was one of the few countries which avoided the contraction due to the pandemic. In 2021, the Turkish economy registered an 11% year-on-year growth. The government is trying to maintain its growth by investing heavily in various industries such as infrastructure, energy, railways, and construction.
The country is trying to improve its railway connectivity. In June 2021, the Turkish government announced that they are aiming to build 16,775 kilometers long railway tracks in the country and its construction is expected to complete by 2023.
These kinds of decisions will boost the usage of iron casting over the forecast period. Turkey government to finance its project Infrastructure for Tomorrow (i4t). This project involves the construction of double track electrified high-speed railway between Ispartakul and Cerkezkoy.
- Turkey - Europe Iron Casting Market Product Outlook (Revenue, USD Million , 2021-2033)
- Gray
- Ductile
- Malleable
- Turkey - Europe 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 Turkey - Europe Iron Casting Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Turkey - Europe Iron Casting Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Turkey - Europe Iron Casting Market, 2021-2033 (US$M)
Turkey Product - Iron Casting Market Statistics, 2025 - 2033 (US$M)
