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Global Gray Iron Castings Market Research Report 2025
Synopsis
Gray Iron, or grey cast iron, is a type of cast iron that has a graphitic microstructure.Casting is a process in which a liquid metal is somehow delivered into a mold that contains a hollow cavity of the intended shape. The metal and mold are then cooled, and the metal part (the casting) is extracted. Casting is most often used for making complex shapes that would be difficult or uneconomical to make by other methods.
The global Gray Iron Castings market was valued at US$ 53030 million in 2023 and is anticipated to reach US$ 60170 million by 2030, witnessing a CAGR of 1.8% during the forecast period 2024-2030.
Asia Pacific was the leading regional gray iron casting market with the revenue market share about 68% in 2019, China was a major producer and consumer in the region. The follower are Europe and America, they occupied about 25% revenue market share.
The key players are Hitachi Metals, Grede Foundry, Draxton, MAT Foundry, Weichai Power (Weifang) Casting, Faw Foundry Co., Ltd., Neenah Foundry, Tianjin New Wei San Industrial, Huaxiang Group, Metal Technologies, Inc., INTAT Precision, Meide Group, Farinia Group, Rochester Metal Products, Kutno, Denizciler, Willman Industries, Aarrowcast, Inc. and so on. The top 5 companies account for nearly 3% revenue share in 2019.
This report aims to provide a comprehensive presentation of the global market for Gray Iron Castings, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Gray Iron Castings.
Report Scope
The Gray Iron Castings market size, estimations, and forecasts are provided in terms of output/shipments (K Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Gray Iron Castings market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Gray Iron Castings manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Hitachi Metals
Grede Foundry
Draxton
MAT Foundry
Metal Technologies
Neenah Foundry
Denizciler
INTAT Precision
Kutno
Farinia Group
Rochester Metal Products
Willman Industries
Aarrowcast
Weichai Power (Weifang) Casting
Huaxiang Group
Meide Group
Tianjin New Wei San Industrial
Faw Foundry
Segment by Type
Vertical Molding
Horizontal Molding
Segment by Application
Automotive
Agriculture, Construction and Mining
Machinery & Equipment
Municipal
Energy
Others
Production by Region
North America
Europe
China
Japan
Mid East & Africa
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Gray Iron Castings manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Gray Iron Castings by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Gray Iron Castings in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Gray Iron, or grey cast iron, is a type of cast iron that has a graphitic microstructure.Casting is a process in which a liquid metal is somehow delivered into a mold that contains a hollow cavity of the intended shape. The metal and mold are then cooled, and the metal part (the casting) is extracted. Casting is most often used for making complex shapes that would be difficult or uneconomical to make by other methods.
The global Gray Iron Castings market was valued at US$ 53030 million in 2023 and is anticipated to reach US$ 60170 million by 2030, witnessing a CAGR of 1.8% during the forecast period 2024-2030.
Asia Pacific was the leading regional gray iron casting market with the revenue market share about 68% in 2019, China was a major producer and consumer in the region. The follower are Europe and America, they occupied about 25% revenue market share.
The key players are Hitachi Metals, Grede Foundry, Draxton, MAT Foundry, Weichai Power (Weifang) Casting, Faw Foundry Co., Ltd., Neenah Foundry, Tianjin New Wei San Industrial, Huaxiang Group, Metal Technologies, Inc., INTAT Precision, Meide Group, Farinia Group, Rochester Metal Products, Kutno, Denizciler, Willman Industries, Aarrowcast, Inc. and so on. The top 5 companies account for nearly 3% revenue share in 2019.
This report aims to provide a comprehensive presentation of the global market for Gray Iron Castings, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Gray Iron Castings.
Report Scope
The Gray Iron Castings market size, estimations, and forecasts are provided in terms of output/shipments (K Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Gray Iron Castings market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Gray Iron Castings manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Hitachi Metals
Grede Foundry
Draxton
MAT Foundry
Metal Technologies
Neenah Foundry
Denizciler
INTAT Precision
Kutno
Farinia Group
Rochester Metal Products
Willman Industries
Aarrowcast
Weichai Power (Weifang) Casting
Huaxiang Group
Meide Group
Tianjin New Wei San Industrial
Faw Foundry
Segment by Type
Vertical Molding
Horizontal Molding
Segment by Application
Automotive
Agriculture, Construction and Mining
Machinery & Equipment
Municipal
Energy
Others
Production by Region
North America
Europe
China
Japan
Mid East & Africa
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Gray Iron Castings manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Gray Iron Castings by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Gray Iron Castings in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Gray Iron Castings Market Overview
1.1 Product Definition
1.2 Gray Iron Castings Segment by Type
1.2.1 Global Gray Iron Castings Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Vertical Molding
1.2.3 Horizontal Molding
1.3 Gray Iron Castings Segment by Application
1.3.1 Global Gray Iron Castings Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Automotive
1.3.3 Agriculture, Construction and Mining
1.3.4 Machinery & Equipment
1.3.5 Municipal
1.3.6 Energy
1.3.7 Others
1.4 Global Market Growth Prospects
1.4.1 Global Gray Iron Castings Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Gray Iron Castings Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Gray Iron Castings Production Estimates and Forecasts (2019-2030)
1.4.4 Global Gray Iron Castings Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Gray Iron Castings Production Market Share by Manufacturers (2019-2024)
2.2 Global Gray Iron Castings Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Gray Iron Castings, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Gray Iron Castings Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Gray Iron Castings Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Gray Iron Castings, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Gray Iron Castings, Product Offered and Application
2.8 Global Key Manufacturers of Gray Iron Castings, Date of Enter into This Industry
2.9 Gray Iron Castings Market Competitive Situation and Trends
2.9.1 Gray Iron Castings Market Concentration Rate
2.9.2 Global 5 and 10 Largest Gray Iron Castings Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Gray Iron Castings Production by Region
3.1 Global Gray Iron Castings Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Gray Iron Castings Production Value by Region (2019-2030)
3.2.1 Global Gray Iron Castings Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Gray Iron Castings by Region (2025-2030)
3.3 Global Gray Iron Castings Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Gray Iron Castings Production by Region (2019-2030)
3.4.1 Global Gray Iron Castings Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Gray Iron Castings by Region (2025-2030)
3.5 Global Gray Iron Castings Market Price Analysis by Region (2019-2024)
3.6 Global Gray Iron Castings Production and Value, Year-over-Year Growth
3.6.1 North America Gray Iron Castings Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Gray Iron Castings Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Gray Iron Castings Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Gray Iron Castings Production Value Estimates and Forecasts (2019-2030)
3.6.5 Mid East & Africa Gray Iron Castings Production Value Estimates and Forecasts (2019-2030)
4 Gray Iron Castings Consumption by Region
4.1 Global Gray Iron Castings Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Gray Iron Castings Consumption by Region (2019-2030)
4.2.1 Global Gray Iron Castings Consumption by Region (2019-2024)
4.2.2 Global Gray Iron Castings Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Gray Iron Castings Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Gray Iron Castings Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Gray Iron Castings Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Gray Iron Castings Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Gray Iron Castings Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Gray Iron Castings Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Gray Iron Castings Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Gray Iron Castings Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Gray Iron Castings Production by Type (2019-2030)
5.1.1 Global Gray Iron Castings Production by Type (2019-2024)
5.1.2 Global Gray Iron Castings Production by Type (2025-2030)
5.1.3 Global Gray Iron Castings Production Market Share by Type (2019-2030)
5.2 Global Gray Iron Castings Production Value by Type (2019-2030)
5.2.1 Global Gray Iron Castings Production Value by Type (2019-2024)
5.2.2 Global Gray Iron Castings Production Value by Type (2025-2030)
5.2.3 Global Gray Iron Castings Production Value Market Share by Type (2019-2030)
5.3 Global Gray Iron Castings Price by Type (2019-2030)
6 Segment by Application
6.1 Global Gray Iron Castings Production by Application (2019-2030)
6.1.1 Global Gray Iron Castings Production by Application (2019-2024)
6.1.2 Global Gray Iron Castings Production by Application (2025-2030)
6.1.3 Global Gray Iron Castings Production Market Share by Application (2019-2030)
6.2 Global Gray Iron Castings Production Value by Application (2019-2030)
6.2.1 Global Gray Iron Castings Production Value by Application (2019-2024)
6.2.2 Global Gray Iron Castings Production Value by Application (2025-2030)
6.2.3 Global Gray Iron Castings Production Value Market Share by Application (2019-2030)
6.3 Global Gray Iron Castings Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Hitachi Metals
7.1.1 Hitachi Metals Gray Iron Castings Corporation Information
7.1.2 Hitachi Metals Gray Iron Castings Product Portfolio
7.1.3 Hitachi Metals Gray Iron Castings Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Hitachi Metals Main Business and Markets Served
7.1.5 Hitachi Metals Recent Developments/Updates
7.2 Grede Foundry
7.2.1 Grede Foundry Gray Iron Castings Corporation Information
7.2.2 Grede Foundry Gray Iron Castings Product Portfolio
7.2.3 Grede Foundry Gray Iron Castings Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Grede Foundry Main Business and Markets Served
7.2.5 Grede Foundry Recent Developments/Updates
7.3 Draxton
7.3.1 Draxton Gray Iron Castings Corporation Information
7.3.2 Draxton Gray Iron Castings Product Portfolio
7.3.3 Draxton Gray Iron Castings Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Draxton Main Business and Markets Served
7.3.5 Draxton Recent Developments/Updates
7.4 MAT Foundry
7.4.1 MAT Foundry Gray Iron Castings Corporation Information
7.4.2 MAT Foundry Gray Iron Castings Product Portfolio
7.4.3 MAT Foundry Gray Iron Castings Production, Value, Price and Gross Margin (2019-2024)
7.4.4 MAT Foundry Main Business and Markets Served
7.4.5 MAT Foundry Recent Developments/Updates
7.5 Metal Technologies
7.5.1 Metal Technologies Gray Iron Castings Corporation Information
7.5.2 Metal Technologies Gray Iron Castings Product Portfolio
7.5.3 Metal Technologies Gray Iron Castings Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Metal Technologies Main Business and Markets Served
7.5.5 Metal Technologies Recent Developments/Updates
7.6 Neenah Foundry
7.6.1 Neenah Foundry Gray Iron Castings Corporation Information
7.6.2 Neenah Foundry Gray Iron Castings Product Portfolio
7.6.3 Neenah Foundry Gray Iron Castings Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Neenah Foundry Main Business and Markets Served
7.6.5 Neenah Foundry Recent Developments/Updates
7.7 Denizciler
7.7.1 Denizciler Gray Iron Castings Corporation Information
7.7.2 Denizciler Gray Iron Castings Product Portfolio
7.7.3 Denizciler Gray Iron Castings Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Denizciler Main Business and Markets Served
7.7.5 Denizciler Recent Developments/Updates
7.8 INTAT Precision
7.8.1 INTAT Precision Gray Iron Castings Corporation Information
7.8.2 INTAT Precision Gray Iron Castings Product Portfolio
7.8.3 INTAT Precision Gray Iron Castings Production, Value, Price and Gross Margin (2019-2024)
7.8.4 INTAT Precision Main Business and Markets Served
7.7.5 INTAT Precision Recent Developments/Updates
7.9 Kutno
7.9.1 Kutno Gray Iron Castings Corporation Information
7.9.2 Kutno Gray Iron Castings Product Portfolio
7.9.3 Kutno Gray Iron Castings Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Kutno Main Business and Markets Served
7.9.5 Kutno Recent Developments/Updates
7.10 Farinia Group
7.10.1 Farinia Group Gray Iron Castings Corporation Information
7.10.2 Farinia Group Gray Iron Castings Product Portfolio
7.10.3 Farinia Group Gray Iron Castings Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Farinia Group Main Business and Markets Served
7.10.5 Farinia Group Recent Developments/Updates
7.11 Rochester Metal Products
7.11.1 Rochester Metal Products Gray Iron Castings Corporation Information
7.11.2 Rochester Metal Products Gray Iron Castings Product Portfolio
7.11.3 Rochester Metal Products Gray Iron Castings Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Rochester Metal Products Main Business and Markets Served
7.11.5 Rochester Metal Products Recent Developments/Updates
7.12 Willman Industries
7.12.1 Willman Industries Gray Iron Castings Corporation Information
7.12.2 Willman Industries Gray Iron Castings Product Portfolio
7.12.3 Willman Industries Gray Iron Castings Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Willman Industries Main Business and Markets Served
7.12.5 Willman Industries Recent Developments/Updates
7.13 Aarrowcast
7.13.1 Aarrowcast Gray Iron Castings Corporation Information
7.13.2 Aarrowcast Gray Iron Castings Product Portfolio
7.13.3 Aarrowcast Gray Iron Castings Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Aarrowcast Main Business and Markets Served
7.13.5 Aarrowcast Recent Developments/Updates
7.14 Weichai Power (Weifang) Casting
7.14.1 Weichai Power (Weifang) Casting Gray Iron Castings Corporation Information
7.14.2 Weichai Power (Weifang) Casting Gray Iron Castings Product Portfolio
7.14.3 Weichai Power (Weifang) Casting Gray Iron Castings Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Weichai Power (Weifang) Casting Main Business and Markets Served
7.14.5 Weichai Power (Weifang) Casting Recent Developments/Updates
7.15 Huaxiang Group
7.15.1 Huaxiang Group Gray Iron Castings Corporation Information
7.15.2 Huaxiang Group Gray Iron Castings Product Portfolio
7.15.3 Huaxiang Group Gray Iron Castings Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Huaxiang Group Main Business and Markets Served
7.15.5 Huaxiang Group Recent Developments/Updates
7.16 Meide Group
7.16.1 Meide Group Gray Iron Castings Corporation Information
7.16.2 Meide Group Gray Iron Castings Product Portfolio
7.16.3 Meide Group Gray Iron Castings Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Meide Group Main Business and Markets Served
7.16.5 Meide Group Recent Developments/Updates
7.17 Tianjin New Wei San Industrial
7.17.1 Tianjin New Wei San Industrial Gray Iron Castings Corporation Information
7.17.2 Tianjin New Wei San Industrial Gray Iron Castings Product Portfolio
7.17.3 Tianjin New Wei San Industrial Gray Iron Castings Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Tianjin New Wei San Industrial Main Business and Markets Served
7.17.5 Tianjin New Wei San Industrial Recent Developments/Updates
7.18 Faw Foundry
7.18.1 Faw Foundry Gray Iron Castings Corporation Information
7.18.2 Faw Foundry Gray Iron Castings Product Portfolio
7.18.3 Faw Foundry Gray Iron Castings Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Faw Foundry Main Business and Markets Served
7.18.5 Faw Foundry Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Gray Iron Castings Industry Chain Analysis
8.2 Gray Iron Castings Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Gray Iron Castings Production Mode & Process
8.4 Gray Iron Castings Sales and Marketing
8.4.1 Gray Iron Castings Sales Channels
8.4.2 Gray Iron Castings Distributors
8.5 Gray Iron Castings Customers
9 Gray Iron Castings Market Dynamics
9.1 Gray Iron Castings Industry Trends
9.2 Gray Iron Castings Market Drivers
9.3 Gray Iron Castings Market Challenges
9.4 Gray Iron Castings Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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