Steel Casting Market by Application, Product and Geography - Forecast and Analysis 2023-2027

Published: Jul 2023 Pages: 179 SKU: IRTNTR45170

Steel Casting Market Analysis Report 2023-2027:

The Global Steel Casting Market size is estimated to grow at a CAGR of 4.35% between 2022 and 2027 with the market size forecast to increase by USD 6,587.36 million. 

This steel casting market report extensively covers market segmentation by Application (automotive and transportation, construction and infrastructure, mining, power, and others), Product (sand casting, investment casting, die casting, and centrifugal casting), and Geography (APAC, North America, Europe, Middle East and Africa, and South America). Our report examines historic data from 2017 to 2021, besides analyzing the current market scenario.

The growth of the market depends on several factors such as the growing construction activities, the increasing demand for steel casting in the automotive industry, and the superior properties of steel casting. 

What will be the Size of the Steel Casting Market During the Forecast Period?

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Steel Casting Market Definition

Steel casting is a process that involves pouring molten steel into molds made of sand or ceramic to create the desired shape. It is used to manufacture steel products for industries such as automotive, mining, oil and gas, construction, and others.

Steel Casting Market Segment Insights

Application Insights

The automotive and transportation segments are estimated to witness significant growth during the forecast period. Automotive and transportation was the largest segment of the global steel casting market in 2021. In particular, steel casting plays a leading role in the manufacture of different drums, flywheels, engine casings, gear units, suspension systems, steering gears, pipe fittings, exhaust systems, and so on.

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The automotive and transportation segment dominated the market, reaching a value of USD 8,968.35 million in 2017. The automotive industry's global vehicle production is on the rise, driving the demand for steel casting in the forecast period. Leading automobile producers like Germany, South Korea, Japan, India, and China are significant contributors to the industry's production, making them major production bases. Consequently, the demand for steel casting is expected to grow in tandem with the increasing vehicle production during the forecast period.

Product Insights

Based on the product, sand-casting segment holds the largest market share. The sand-casting process is carried out using a sand mold, which is formed using sand- or clay-based binder. Silica that contains a mixture of sand and water is preferable as a foundry sand in this process. Sand casting is generally used to manufacture large parts, such as engine blocks, transmission cases, and connecting rods. This process requires finishing machining to achieve the required surface finishes and dimensional tolerances. Sand casting is relatively less costly and economical. Sand casting provides a strong and resilient outcome because it can withstand the high temperatures of liquid metals like steel while creating the required designs. Because of such benefits sand-casting segment is estimated to boost the market growth.

Steel Casting Market Regional Insights

APAC Region

APAC is estimated to contribute 49% 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 held the largest share of the global steel casting market in 2022, with China, India, Japan, and Australia as the leading revenue-generating countries. The region is expected to experience the highest growth rate during the forecast period due to its substantial consumer base, easy access to raw materials, and cost-effective labor. The demand for steel casting is driven by its applications in automotive, mining, construction, and agriculture industries. The presence of prominent automotive manufacturers in China, India, Japan, and South Korea will boost the demand for steel casting in various automotive components, including those for electric vehicles. Additionally, increasing construction activities, such as airport and highway projects, will further drive the demand for steel casting in the APAC region.

Steel Casting Market: Key Drivers, Trends, and Challenges

Increasing demand for steel casting in automotive industry is a key factor driving the market growth. Automakers are focusing on producing lightweight, fuel-efficient, and eco-friendly vehicles to meet strict environmental regulations. Components made from plastic or polymers play a crucial role in making vehicles environmentally friendly by reducing emissions and improving fuel efficiency. However, for enhanced strength and durability, certain automotive components like engines, chassis, gearbox, exhaust systems, and other metal parts are manufactured using steel casting. These components are vital in the automotive industry. The growing global production of vehicles, especially in major automotive manufacturing countries like China, Germany, India, France, Italy, South Korea, Japan, and the US, will drive the demand for steel casting during the forecast period. Additionally, the rapid adoption of electric vehicles in Europe and Asia will further boost automotive production, thereby fueling the growth of the global steel casting market.

Increasing demand for scrap in secondary steel production is a major trend influencing the market. Globally, there is an increasing trend in using scrapped steel and stainless steel to reduce the carbon footprint. Recycling these materials not only enhances the steel industry's economic viability but also reduces environmental impact by decreasing the need for iron ore extraction in stainless steel production. This leads to substantial reductions in CO2 emissions, energy, water consumption, and air pollution.

Manufacturers are now favoring steel and stainless-steel scrap as the preferred raw materials, either alone or in combination with other resources, due to fluctuating iron ore prices and rising energy costs. Concerns about global warming drive this shift towards using scrap materials for steel production. Notably, various initiatives by vendors, such as Tata Steel, further contribute to this sustainable approach. With such factors in play, the global steel casting market is expected to experience positive growth during the forecast period.

Increasing demand for alternative metal alloys is a major challenge hindering the market growth. Bronze, brass, aluminum, silver, and lead are viable alternatives to steel in casting processes. Among these alternatives, aluminum is gaining popularity, especially in the automotive industry, due to its low specific gravity, which helps reduce vehicle weight. Major automobile manufacturers like Ford, Daimler, and AUDI are increasingly replacing steel with aluminum in components such as chassis and extruded aluminum tubing in heat exchangers. The use of aluminum in the automotive sector has significantly reduced the weight of vehicles, as seen in the Ford F-150 truck. This shift towards alternative metals, particularly aluminum, is expected to drive their demand in casting processes and, consequently, may negatively impact the growth of the global steel casting market during the forecast period. As a result, the increasing demand for alternative metal alloys could hinder the growth of the global steel casting market.

Who are the Major Steel Casting 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.

Sigmaengineeredsolutions- The company offers steel casting products such as ferrous and non ferrous casting through its subsidiary Avalon Castings.

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

ArcelorMittal SA, Columbia Steel Casting Co Inc., Dandong Fuding Engineering Co. Ltd., Doosan Corp., Ferralloy Inc., Fortune Foundries Pvt. Ltd., Fundiciones Del Estanda SA, Goodwin PLC, Harrison Steel Castings Co., Hitachi Ltd., Hyundai Motor Co., Isgec Heavy Engineering Ltd., Kobe Steel Ltd., Maynard Steel Casting Co., Milwaukee Precision Casting Inc., Nucor Corp., Peekay Steel Castings Pvt. Ltd., SIGMA Engineered Solutions, Stainless Foundry and Engineering Inc., and The Japan Steel Works Ltd.

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.

 Steel Casting 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 Steel Casting Market Customer Landscape

 Steel Casting Market Covid-19 Recovery

The COVID-19 outbreak in 2020 negatively impacted the APAC steel casting market due to periodic lockdowns that temporarily closed manufacturing units. This led to reduced demand for steel casting products. However, government vaccination programs in the first half of 2021 stabilized the situation, allowing lockdowns to be lifted in countries like India, China, Australia, and Japan, leading to the resumption of steel casting operations and increased demand in 2021 and 2022. The agriculture sector also witnessed growth due to increased food grain demand. Consequently, the industrial and agriculture sectors' growth will drive demand for steel casting products in APAC during the forecast period.

Steel Casting Market Scope

Report Coverage

Details

Page number

179

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.35%

Market growth 2023-2027

USD 6,587.36 million

Market structure

Fragmented

YoY growth 2022-2023(%)

4.05

Regional analysis

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

Performing market contribution

APAC at 49%

Key countries

US, Canada, China, Japan, and Germany

Competitive landscape

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

Key companies profiled

ArcelorMittal SA, Columbia Steel Casting Co Inc., Dandong Fuding Engineering Co. Ltd., Doosan Corp., Ferralloy Inc., Fortune Foundries Pvt. Ltd., Fundiciones Del Estanda SA, Goodwin PLC, Harrison Steel Castings Co., Hitachi Ltd., Hyundai Motor Co., Isgec Heavy Engineering Ltd., Kobe Steel Ltd., Maynard Steel Casting Co., Milwaukee Precision Casting Inc., Nucor Corp., Peekay Steel Castings Pvt. Ltd., SIGMA Engineered Solutions, Stainless Foundry and Engineering Inc., and The Japan Steel Works Ltd.

Market dynamics

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

Customization purview

If our 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 Steel Casting Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market industry across APAC, North America, Europe, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the 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 Application
    • 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 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global steel casting market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global steel casting market 2017 - 2021 ($ million)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.3 Application Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Automotive and transportation - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Automotive and transportation - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Automotive and transportation - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Automotive and transportation - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Automotive and transportation - Year-over-year growth 2022-2027 (%)
    • 6.4 Construction and infrastructure - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Construction and infrastructure - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Construction and infrastructure - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Construction and infrastructure - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Construction and infrastructure - Year-over-year growth 2022-2027 (%)
    • 6.5 Mining - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Mining - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Mining - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Mining - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Mining - Year-over-year growth 2022-2027 (%)
    • 6.6 Power - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Power - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Power - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Power - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Power - Year-over-year growth 2022-2027 (%)
    • 6.7 Others - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by Application
      • Exhibit 54: Market opportunity by Application ($ million)
      • Exhibit 55: Data Table on Market opportunity by Application ($ million)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 56: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 57: Data Table on Product - Market share 2022-2027 (%)
    • 7.2 Comparison by Product
      • Exhibit 58: Chart on Comparison by Product
      • Exhibit 59: Data Table on Comparison by Product
    • 7.3 Sand casting - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Sand casting - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Sand casting - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Sand casting - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Sand casting - Year-over-year growth 2022-2027 (%)
    • 7.4 Investment casting - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Investment casting - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Data Table on Investment casting - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Chart on Investment casting - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Investment casting - Year-over-year growth 2022-2027 (%)
    • 7.5 Die casting - Market size and forecast 2022-2027
      • Exhibit 68: Chart on Die casting - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Data Table on Die casting - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Chart on Die casting - Year-over-year growth 2022-2027 (%)
      • Exhibit 71: Data Table on Die casting - Year-over-year growth 2022-2027 (%)
    • 7.6 Centrifugal casting - Market size and forecast 2022-2027
      • Exhibit 72: Chart on Centrifugal casting - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Data Table on Centrifugal casting - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Chart on Centrifugal casting - Year-over-year growth 2022-2027 (%)
      • Exhibit 75: Data Table on Centrifugal casting - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by Product
      • Exhibit 76: Market opportunity by Product ($ million)
      • Exhibit 77: Data Table on Market opportunity by Product ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 78: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 79: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 80: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 81: Chart on Geographic comparison
      • Exhibit 82: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 87: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 99: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 103: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 107: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 111: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 Germany - Market size and forecast 2022-2027
      • Exhibit 115: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 116: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 117: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 118: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.12 Canada - Market size and forecast 2022-2027
      • Exhibit 119: Chart on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 120: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 121: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 122: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 123: Market opportunity by geography ($ million)
      • Exhibit 124: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 125: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 126: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 127: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 128: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 129: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 130: Matrix on vendor position and classification
            • 12.3 ArcelorMittal SA
              • Exhibit 131: ArcelorMittal SA - Overview
              • Exhibit 132: ArcelorMittal SA - Business segments
              • Exhibit 133: ArcelorMittal SA - Key offerings
              • Exhibit 134: ArcelorMittal SA - Segment focus
            • 12.4 Columbia Steel Casting Co Inc.
              • Exhibit 135: Columbia Steel Casting Co Inc. - Overview
              • Exhibit 136: Columbia Steel Casting Co Inc. - Product / Service
              • Exhibit 137: Columbia Steel Casting Co Inc. - Key offerings
            • 12.5 Dandong Fuding Engineering Co. Ltd.
              • Exhibit 138: Dandong Fuding Engineering Co. Ltd. - Overview
              • Exhibit 139: Dandong Fuding Engineering Co. Ltd. - Product / Service
              • Exhibit 140: Dandong Fuding Engineering Co. Ltd. - Key offerings
            • 12.6 Doosan Corp.
              • Exhibit 141: Doosan Corp. - Overview
              • Exhibit 142: Doosan Corp. - Business segments
              • Exhibit 143: Doosan Corp. - Key offerings
              • Exhibit 144: Doosan Corp. - Segment focus
            • 12.7 Ferralloy Inc.
              • Exhibit 145: Ferralloy Inc. - Overview
              • Exhibit 146: Ferralloy Inc. - Product / Service
              • Exhibit 147: Ferralloy Inc. - Key offerings
            • 12.8 Fundiciones Del Estanda SA
              • Exhibit 148: Fundiciones Del Estanda SA - Overview
              • Exhibit 149: Fundiciones Del Estanda SA - Product / Service
              • Exhibit 150: Fundiciones Del Estanda SA - Key offerings
            • 12.9 Goodwin PLC
              • Exhibit 151: Goodwin PLC - Overview
              • Exhibit 152: Goodwin PLC - Business segments
              • Exhibit 153: Goodwin PLC - Key offerings
              • Exhibit 154: Goodwin PLC - Segment focus
            • 12.10 Harrison Steel Castings Co.
              • Exhibit 155: Harrison Steel Castings Co. - Overview
              • Exhibit 156: Harrison Steel Castings Co. - Product / Service
              • Exhibit 157: Harrison Steel Castings Co. - Key offerings
            • 12.11 Hitachi Ltd.
              • Exhibit 158: Hitachi Ltd. - Overview
              • Exhibit 159: Hitachi Ltd. - Business segments
              • Exhibit 160: Hitachi Ltd. - Key news
              • Exhibit 161: Hitachi Ltd. - Key offerings
              • Exhibit 162: Hitachi Ltd. - Segment focus
            • 12.12 Hyundai Motor Co.
              • Exhibit 163: Hyundai Motor Co. - Overview
              • Exhibit 164: Hyundai Motor Co. - Business segments
              • Exhibit 165: Hyundai Motor Co. - Key news
              • Exhibit 166: Hyundai Motor Co. - Key offerings
              • Exhibit 167: Hyundai Motor Co. - Segment focus
            • 12.13 Isgec Heavy Engineering Ltd.
              • Exhibit 168: Isgec Heavy Engineering Ltd. - Overview
              • Exhibit 169: Isgec Heavy Engineering Ltd. - Business segments
              • Exhibit 170: Isgec Heavy Engineering Ltd. - Key offerings
              • Exhibit 171: Isgec Heavy Engineering Ltd. - Segment focus
            • 12.14 Kobe Steel Ltd.
              • Exhibit 172: Kobe Steel Ltd. - Overview
              • Exhibit 173: Kobe Steel Ltd. - Business segments
              • Exhibit 174: Kobe Steel Ltd. - Key offerings
              • Exhibit 175: Kobe Steel Ltd. - Segment focus
            • 12.15 Nucor Corp.
              • Exhibit 176: Nucor Corp. - Overview
              • Exhibit 177: Nucor Corp. - Business segments
              • Exhibit 178: Nucor Corp. - Key news
              • Exhibit 179: Nucor Corp. - Key offerings
              • Exhibit 180: Nucor Corp. - Segment focus
            • 12.16 Peekay Steel Castings Pvt. Ltd.
              • Exhibit 181: Peekay Steel Castings Pvt. Ltd. - Overview
              • Exhibit 182: Peekay Steel Castings Pvt. Ltd. - Product / Service
              • Exhibit 183: Peekay Steel Castings Pvt. Ltd. - Key offerings
            • 12.17 SIGMA Engineered Solutions
              • Exhibit 184: SIGMA Engineered Solutions - Overview
              • Exhibit 185: SIGMA Engineered Solutions - Product / Service
              • Exhibit 186: SIGMA Engineered Solutions - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 187: Inclusions checklist
                • Exhibit 188: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 189: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 190: Research methodology
                • Exhibit 191: Validation techniques employed for market sizing
                • Exhibit 192: Information sources
              • 13.5 List of abbreviations
                • Exhibit 193: 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

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              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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