Researchmoz added Most up-to-date research on "Iron and Steel Casting Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026" to its huge collection of research reports.
Iron and Steel Casting Market - Overview
Iron and steel casting refers to the process of injecting or pouring molten iron and steel into a mold to form an object of the desired shape. The process is usually used for mass production of components or parts used in a wide range of sectors such as automotive, agriculture, power generation, oil & gas, manufacturing machinery, and industrial units.
This report analyzes and forecasts the iron and steel casting market at the global and regional levels. The market has been forecast in terms of volume (kilo tons) and value (US$ Bn) from 2018 to 2026, considering 2017 as the base year. The study includes drivers and restraints of the global iron and steel casting market. It also covers the expected impact of these drivers and restraints on the demand for iron and steel casting products during the forecast period. The report also highlights opportunities in the iron and steel casting market at the global and regional levels.
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The report includes detailed value chain analysis, which provides a comprehensive view of the global iron and steel casting market. Porter’s Five Forces model for the iron and steel casting market has also been included to help understand the competition landscape of the market. The study encompasses market attractiveness analysis, wherein material and application segments have been benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the global iron and steel casting market by segmenting it in terms of material, application, and region. In terms of material, the iron and steel casting market has been classified into gray iron, ductile iron, steel, and malleable iron. Based on application, the market has been divided into automotive & transport, pipes & fittings, pumps & valves, machinery & equipment, and others. These segments have been analyzed based on the present and future trends. Regional segmentation includes current and forecast demand for iron and steel casting products in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report provides the actual market size of the global iron and steel casting market for 2017 and the estimated market size for 2018 with forecast for the next eight years. Market numbers have been estimated for material and application segments of the iron and steel casting market. Market size has been provided in terms of global, regional, and country-level markets.
The report comprises profiles of major companies operating in the global iron and steel casting market. Key players operating in the iron and steel casting market are Tata Steel Limited, ArcelorMittal SA, Nucor Corporation, Hyundai Steel Company, and Kobe Steel, Ltd. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.
Get Complete TOC With Tables and Figures @ https://www.researchmoz.us/iron-and-steel-casting-market-global-industry-analysis-size-share-growth-trends-and-forecast-2018-2026-report.html/toc
The global iron and steel casting market has been segmented as follows:
Global Iron and Steel Casting Market, by Material
Gray Iron
Ductile Iron
Steel
Malleable Iron
Global Iron and Steel Casting Market, by Application
Automotive & Transport
Pipes & Fittings
Pumps & Valves
Machinery & Equipment
Others
Global Iron and Steel Casting Market, by Region
North America
U.S.
Canada
Latin America
Brazil
Mexico
Rest of Latin America
Europe
Germany
U.K.
France
Italy
Spain
Russia & CIS
Rest of Europe
Asia Pacific
China
Japan
India
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
GCC
South Africa
Rest of Middle East & Africa
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Key Takeaways
In terms of material, the gray iron segment accounted for a major share of the global iron and steel casting market in 2017. High use of gray iron can be ascribed to various factors such as its tensile and yield strength, ductility, impact resistance, and low production cost. However, the share held by the gray iron segment is expected to decline marginally by the end of the forecast period, due to rise in preference for other materials.
On the other hand, shares of ductile iron and steel segments are expected to increase by the end of the forecast period, due to low weight, design, and metallurgical flexibility of ductile iron and steel
Based on application, the automotive & transport sector was the leading consumer of iron and steel casting products across the world in 2017. The automotive & transport segment is expected to gain market share by 2026, due to increasing use of private and public transport across the world.
The share of the pipes & fittings segment is also likely to increase by 2026, due to use of pipes and fittings made of iron and steel in industries such as power generation, oil & gas, and manufacturing
In terms of region, Asia Pacific held a major share of the global iron and steel casting market in 2017. Its share is expected to increase by 2026. This is because a wide range of iron and steel casting products are used in the region in order to manufacture end-products ranging from automotive components to appliances. Asia Pacific has several manufacturing facilities, wherein iron and steel casting products are required.
The global iron and steel casting market is likely to expand at a slow pace, largely because it is a mature market and substitutes such as aluminum are available
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Iron and Steel Casting Market - Overview
Iron and steel casting refers to the process of injecting or pouring molten iron and steel into a mold to form an object of the desired shape. The process is usually used for mass production of components or parts used in a wide range of sectors such as automotive, agriculture, power generation, oil & gas, manufacturing machinery, and industrial units.
This report analyzes and forecasts the iron and steel casting market at the global and regional levels. The market has been forecast in terms of volume (kilo tons) and value (US$ Bn) from 2018 to 2026, considering 2017 as the base year. The study includes drivers and restraints of the global iron and steel casting market. It also covers the expected impact of these drivers and restraints on the demand for iron and steel casting products during the forecast period. The report also highlights opportunities in the iron and steel casting market at the global and regional levels.
To Get Sample Copy of Report visit @ https://www.researchmoz.us/enquiry.php?type=S&repid=1950986
The report includes detailed value chain analysis, which provides a comprehensive view of the global iron and steel casting market. Porter’s Five Forces model for the iron and steel casting market has also been included to help understand the competition landscape of the market. The study encompasses market attractiveness analysis, wherein material and application segments have been benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the global iron and steel casting market by segmenting it in terms of material, application, and region. In terms of material, the iron and steel casting market has been classified into gray iron, ductile iron, steel, and malleable iron. Based on application, the market has been divided into automotive & transport, pipes & fittings, pumps & valves, machinery & equipment, and others. These segments have been analyzed based on the present and future trends. Regional segmentation includes current and forecast demand for iron and steel casting products in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report provides the actual market size of the global iron and steel casting market for 2017 and the estimated market size for 2018 with forecast for the next eight years. Market numbers have been estimated for material and application segments of the iron and steel casting market. Market size has been provided in terms of global, regional, and country-level markets.
The report comprises profiles of major companies operating in the global iron and steel casting market. Key players operating in the iron and steel casting market are Tata Steel Limited, ArcelorMittal SA, Nucor Corporation, Hyundai Steel Company, and Kobe Steel, Ltd. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.
Get Complete TOC With Tables and Figures @ https://www.researchmoz.us/iron-and-steel-casting-market-global-industry-analysis-size-share-growth-trends-and-forecast-2018-2026-report.html/toc
The global iron and steel casting market has been segmented as follows:
Global Iron and Steel Casting Market, by Material
Gray Iron
Ductile Iron
Steel
Malleable Iron
Global Iron and Steel Casting Market, by Application
Automotive & Transport
Pipes & Fittings
Pumps & Valves
Machinery & Equipment
Others
Global Iron and Steel Casting Market, by Region
North America
U.S.
Canada
Latin America
Brazil
Mexico
Rest of Latin America
Europe
Germany
U.K.
France
Italy
Spain
Russia & CIS
Rest of Europe
Asia Pacific
China
Japan
India
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
GCC
South Africa
Rest of Middle East & Africa
Make An Enquiry @ https://www.researchmoz.us/enquiry.php?type=E&repid=1950986
Key Takeaways
In terms of material, the gray iron segment accounted for a major share of the global iron and steel casting market in 2017. High use of gray iron can be ascribed to various factors such as its tensile and yield strength, ductility, impact resistance, and low production cost. However, the share held by the gray iron segment is expected to decline marginally by the end of the forecast period, due to rise in preference for other materials.
On the other hand, shares of ductile iron and steel segments are expected to increase by the end of the forecast period, due to low weight, design, and metallurgical flexibility of ductile iron and steel
Based on application, the automotive & transport sector was the leading consumer of iron and steel casting products across the world in 2017. The automotive & transport segment is expected to gain market share by 2026, due to increasing use of private and public transport across the world.
The share of the pipes & fittings segment is also likely to increase by 2026, due to use of pipes and fittings made of iron and steel in industries such as power generation, oil & gas, and manufacturing
In terms of region, Asia Pacific held a major share of the global iron and steel casting market in 2017. Its share is expected to increase by 2026. This is because a wide range of iron and steel casting products are used in the region in order to manufacture end-products ranging from automotive components to appliances. Asia Pacific has several manufacturing facilities, wherein iron and steel casting products are required.
The global iron and steel casting market is likely to expand at a slow pace, largely because it is a mature market and substitutes such as aluminum are available
About ResearchMoz
ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.
For More Information Kindly Contact:
ResearchMoz
Mr. Nachiket Ghumare,
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us
Follow us on LinkedIn @ http://bit.ly/1TBmnVG
Follow me on @ https://marketsizeinfo.blogspot.in/
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