Iron Castings Market Analysis APAC, Europe, North America, South America, Middle East and Africa - US, China, India, Japan, Germany - Size and Forecast 2024-2028

Published: Dec 2023 Pages: 173 SKU: IRTNTR41637

Iron Castings Market Forecast 2024-2028

The iron castings market size is estimated to grow by USD 50.34 billion at a CAGR of 5.98% between 2023 and 2028. 

The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.

The growth of the market depends on several factors such as the growth in the automobile segment. The growth of the market hinges on multiple factors, including the increasing competition from aluminum casting. The accelerated growth of the market is due to various factors, including the modernization of the foundry industry

What will be the Size of the Iron Castings Market During the Forecast Period?

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Market Definition

This refers to objects or components that are produced by pouring molten iron into a mold and allowing it to solidify and take the shape of the mold.

Market Segment Insights

End-user Insights

The automobile segment is estimated to witness significant growth during the forecast period. Light trucks and cars are the major end-users of these in the automotive industry. Cast iron parts are subjected to a range of loads, including shearing, bending, torsion, lateral loading, and fore and aft loading. The global passenger car market is growing at a CAGR of more than 3.75%. Developing markets, such as India and China, may increase the demand for various automotive parts and components made of cast iron.

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The automobile segment was the largest segment and was valued at USD 49.23 billion in 2018. In the automotive industry, the rising global volume of vehicle production will increase the demand during the forecast period. Countries such as Germany, South Korea, Japan, India, and China, are the leading producers of automobiles worldwide. These countries are large manufacturing hubs for automotive vehicle production. The rising production of vehicles will increase the demand during the forecast period.

Product Insights 

The market is segmented based on product into gray iron, duct iron, and malleable iron.

Market Regional Insights

APAC is estimated to contribute 68% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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APAC has been experiencing rapid industrialization and significant infrastructure development. The demand for these is closely tied to the construction of new infrastructure, including roads, bridges, buildings, and industrial facilities. The growth of manufacturing industries and the machinery sector in APAC, including sectors like heavy machinery, industrial equipment, and machine tools, drives the demand for iron castings.

Furthermore, the continuous increase in manufacturing activities in emerging markets, such as India, Singapore, Korea, and Indonesia, is driving the market in the region. The acceptance of modern technologies, such as CAD-CAM (computer-aided designing/computer-aided manufacturing), has brought the industry to par with the best in the world. Hence, such factors are expected to drive the market in this region during the forecast period.  

Key Drivers, Trends, and Challenges

Key Driver

Growth in the automobile segment is the key factor driving the marketCast iron products are mostly used in engine parts, gears and bushings, suspension, brakes, steering, and crankshaft. The heavy commercial vehicle and tractor segments are shifting toward engines that generate higher horsepower, which is likely to increase the use of components, such as cylinder block and cylinder head, which will consequently increase the volume of cast iron consumed. Furthermore, to increase the production capacity automotive manufacturers require cast iron products, thereby contributing to the growth in the consumption of these products in the automobile industry, which will propel the market during the forecast period.

Major Trend

Modernization of the foundry industry is the primary trend shaping the market. Stringent quality standards are being widely practiced. Environment-friendly techniques, such as the cold casting process, are also introduced in many regions. Furthermore, the lightweight property of cold-cast products makes them easier to handle and ship, thereby reducing energy costs. In addition, the modernization of foundries aims to streamline the production process and improve the finished product quality. Modernized foundry enables custom castings to supply ductile iron, bronze, brass, and aluminum. Therefore, the modernization of the foundry industry will drive the growth of the market during the forecast period.

Significant Challenge

Increasing competition from aluminum casting is a challenge that affects the market. This has been used recently as a substitute for iron, especially for ornately detailed decorative elements. The metal is lightweight, more resistant to corrosion, and less brittle than cast iron. These can be produced to a near-desired shape, minimizing further machining and maximizing the yield. They are used in many end-user industries, but transportation is the largest market for these castings. Thus, the increasing competition from aluminum casting will impede the global market during the forecast period.

Who are the Major Iron Castings Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • Hitachi Ltd.: The company offers that are developed with heat-resistant exhaust casting components and are striving to meet the growing need for eco-friendly products. 

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

Benton Foundry Inc., BMF GROUP, chamberlin Plc, Dandong Fuding Engineering Machinery Co. Ltd., Decatur Foundry Inc., Deeco Metals, MAGMA Giessereitechnologie GmbH, Ningbo Metrics Automotive Components Co. Ltd., OSCO Industries Inc., Plymouth Foundry Inc., POSCO holdings Inc., Proterial Ltd., Qingdao Tian Hua Yi He Foundry Factory, Reliance Foundry Co. Ltd, Shibaura Machine CO. LTD., Sumitomo Electric Industries Ltd., Suzhou Keboer Machine Tool Group Co. Ltd., thyssenkrupp AG, and Willman Industries Inc

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Market Analyst Outlook

The Market is experiencing growth, driven by factors such as infrastructural developments and the presence of numerous manufacturers catering to various industries. The market serves large-scale automobile plants, machinery & tool manufacturers, and the petrochemical industry with components like pipes & fittings, switch boxes, and motor frames.

Key trends include capacity expansions, mergers & acquisitions, and the adoption of online dashboards for competitive benchmarking and accessing historical data & forecasts. The market also benefits from company revenue shares and regional opportunities, supported by initiatives such as the French government's action plan.

Iron castings, particularly gray cast iron and ductile cast iron, offer low cost, high strength, and durability, making them suitable for water systems, airports, railways, and roadways. With a focus on infrastructure and metal & mining, the market is expected to continue its growth trajectory, driven by malleable cast iron components used in agriculture, tools & equipment, and electrical fittings and equipment.

Iron Castings Market Scope

Report Coverage

Details

Page number

173

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.98%

Market Growth 2024-2028

USD 50.34 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

5.5

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 68%

Key countries

US, China, India, Japan, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Benton Foundry Inc., BMF GROUP, chamberlin Plc, Dandong Fuding Engineering Machinery Co. Ltd., Decatur Foundry Inc., Deeco Metals, Hitachi Ltd., MAGMA Giessereitechnologie GmbH, Ningbo Metrics Automotive Components Co. Ltd., OSCO Industries Inc., Plymouth Foundry Inc., POSCO holdings Inc., Proterial Ltd., Qingdao Tian Hua Yi He Foundry Factory, Reliance Foundry Co. Ltd, Shibaura Machine CO. LTD., Sumitomo Electric Industries Ltd., Suzhou Keboer Machine Tool Group Co. Ltd., thyssenkrupp AG, and Willman Industries Inc

Market dynamics

Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. 

Customization purview

If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2024 and 2028
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global iron castings market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global iron castings market 2018 - 2022 ($ billion)
    • 4.2 End-user Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)
    • 4.3 Product Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Product Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Automobile - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Automobile - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Automobile - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Automobile - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Automobile - Year-over-year growth 2023-2028 (%)
    • 6.4 Industrial machinery - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Industrial machinery - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Industrial machinery - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Industrial machinery - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Industrial machinery - Year-over-year growth 2023-2028 (%)
    • 6.5 Infrastructure and construction machines - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Infrastructure and construction machines - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Infrastructure and construction machines - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Infrastructure and construction machines - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Infrastructure and construction machines - Year-over-year growth 2023-2028 (%)
    • 6.6 Power - Market size and forecast 2023-2028
      • Exhibit 46: Chart on Power - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 47: Data Table on Power - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 48: Chart on Power - Year-over-year growth 2023-2028 (%)
      • Exhibit 49: Data Table on Power - Year-over-year growth 2023-2028 (%)
    • 6.7 Pipe fittings and others - Market size and forecast 2023-2028
      • Exhibit 50: Chart on Pipe fittings and others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 51: Data Table on Pipe fittings and others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 52: Chart on Pipe fittings and others - Year-over-year growth 2023-2028 (%)
      • Exhibit 53: Data Table on Pipe fittings and others - Year-over-year growth 2023-2028 (%)
    • 6.8 Market opportunity by End-user
      • Exhibit 54: Market opportunity by End-user ($ billion)
      • Exhibit 55: Data Table on Market opportunity by End-user ($ billion)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 56: Chart on Product - Market share 2023-2028 (%)
      • Exhibit 57: Data Table on Product - Market share 2023-2028 (%)
    • 7.2 Comparison by Product
      • Exhibit 58: Chart on Comparison by Product
      • Exhibit 59: Data Table on Comparison by Product
    • 7.3 Gray iron - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Gray iron - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Gray iron - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Gray iron - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Gray iron - Year-over-year growth 2023-2028 (%)
    • 7.4 Duct iron - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Duct iron - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 65: Data Table on Duct iron - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 66: Chart on Duct iron - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Duct iron - Year-over-year growth 2023-2028 (%)
    • 7.5 Malleable iron - Market size and forecast 2023-2028
      • Exhibit 68: Chart on Malleable iron - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Data Table on Malleable iron - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 70: Chart on Malleable iron - Year-over-year growth 2023-2028 (%)
      • Exhibit 71: Data Table on Malleable iron - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by Product
      • Exhibit 72: Market opportunity by Product ($ billion)
      • Exhibit 73: Data Table on Market opportunity by Product ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 75: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 76: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 77: Chart on Geographic comparison
      • Exhibit 78: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 North America - Market size and forecast 2023-2028
      • Exhibit 87: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 China - Market size and forecast 2023-2028
      • Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.9 India - Market size and forecast 2023-2028
      • Exhibit 103: Chart on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.10 US - Market size and forecast 2023-2028
      • Exhibit 107: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.11 Japan - Market size and forecast 2023-2028
      • Exhibit 111: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 112: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 113: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.12 Germany - Market size and forecast 2023-2028
      • Exhibit 115: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 116: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 117: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 118: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 119: Market opportunity by geography ($ billion)
      • Exhibit 120: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 121: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 123: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 124: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 125: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 126: Matrix on vendor position and classification
            • 12.3 Benton Foundry Inc.
              • Exhibit 127: Benton Foundry Inc. - Overview
              • Exhibit 128: Benton Foundry Inc. - Product / Service
              • Exhibit 129: Benton Foundry Inc. - Key offerings
            • 12.4 BMF GROUP
              • Exhibit 130: BMF GROUP - Overview
              • Exhibit 131: BMF GROUP - Product / Service
              • Exhibit 132: BMF GROUP - Key offerings
            • 12.5 chamberlin Plc
              • Exhibit 133: chamberlin Plc - Overview
              • Exhibit 134: chamberlin Plc - Business segments
              • Exhibit 135: chamberlin Plc - Key offerings
              • Exhibit 136: chamberlin Plc - Segment focus
            • 12.6 Dandong Fuding Engineering Machinery Co. Ltd.
              • Exhibit 137: Dandong Fuding Engineering Machinery Co. Ltd. - Overview
              • Exhibit 138: Dandong Fuding Engineering Machinery Co. Ltd. - Product / Service
              • Exhibit 139: Dandong Fuding Engineering Machinery Co. Ltd. - Key offerings
            • 12.7 Decatur Foundry Inc.
              • Exhibit 140: Decatur Foundry Inc. - Overview
              • Exhibit 141: Decatur Foundry Inc. - Product / Service
              • Exhibit 142: Decatur Foundry Inc. - Key offerings
            • 12.8 Deeco Metals
              • Exhibit 143: Deeco Metals - Overview
              • Exhibit 144: Deeco Metals - Product / Service
              • Exhibit 145: Deeco Metals - Key offerings
            • 12.9 MAGMA Giessereitechnologie GmbH
              • Exhibit 146: MAGMA Giessereitechnologie GmbH - Overview
              • Exhibit 147: MAGMA Giessereitechnologie GmbH - Product / Service
              • Exhibit 148: MAGMA Giessereitechnologie GmbH - Key offerings
            • 12.10 OSCO Industries Inc.
              • Exhibit 149: OSCO Industries Inc. - Overview
              • Exhibit 150: OSCO Industries Inc. - Product / Service
              • Exhibit 151: OSCO Industries Inc. - Key offerings
            • 12.11 Plymouth Foundry Inc.
              • Exhibit 152: Plymouth Foundry Inc. - Overview
              • Exhibit 153: Plymouth Foundry Inc. - Product / Service
              • Exhibit 154: Plymouth Foundry Inc. - Key offerings
            • 12.12 POSCO holdings Inc.
              • Exhibit 155: POSCO holdings Inc. - Overview
              • Exhibit 156: POSCO holdings Inc. - Product / Service
              • Exhibit 157: POSCO holdings Inc. - Key offerings
            • 12.13 Qingdao Tian Hua Yi He Foundry Factory
              • Exhibit 158: Qingdao Tian Hua Yi He Foundry Factory - Overview
              • Exhibit 159: Qingdao Tian Hua Yi He Foundry Factory - Product / Service
              • Exhibit 160: Qingdao Tian Hua Yi He Foundry Factory - Key offerings
            • 12.14 Reliance Foundry Co. Ltd
              • Exhibit 161: Reliance Foundry Co. Ltd - Overview
              • Exhibit 162: Reliance Foundry Co. Ltd - Product / Service
              • Exhibit 163: Reliance Foundry Co. Ltd - Key offerings
            • 12.15 Shibaura Machine CO. LTD.
              • Exhibit 164: Shibaura Machine CO. LTD. - Overview
              • Exhibit 165: Shibaura Machine CO. LTD. - Product / Service
              • Exhibit 166: Shibaura Machine CO. LTD. - Key offerings
            • 12.16 Sumitomo Electric Industries Ltd.
              • Exhibit 167: Sumitomo Electric Industries Ltd. - Overview
              • Exhibit 168: Sumitomo Electric Industries Ltd. - Business segments
              • Exhibit 169: Sumitomo Electric Industries Ltd. - Key news
              • Exhibit 170: Sumitomo Electric Industries Ltd. - Key offerings
              • Exhibit 171: Sumitomo Electric Industries Ltd. - Segment focus
            • 12.17 thyssenkrupp AG
              • Exhibit 172: thyssenkrupp AG - Overview
              • Exhibit 173: thyssenkrupp AG - Business segments
              • Exhibit 174: thyssenkrupp AG - Key offerings
              • Exhibit 175: thyssenkrupp AG - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 176: Inclusions checklist
                • Exhibit 177: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 178: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 179: Research methodology
                • Exhibit 180: Validation techniques employed for market sizing
                • Exhibit 181: Information sources
              • 13.5 List of abbreviations
                • Exhibit 182: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              iron castings market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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