The Global Iron Castings Market is expected to grow by USD 40.28 mn MT during 2020-2024, progressing at a CAGR of 6% during the forecast period
NEW YORK, March 30, 2020 /PRNewswire/ --
Global Iron Castings Market 2020-2024
The analyst has been monitoring the global iron castings market and it is poised to grow by USD 40.28 mn MT during 2020-2024, progressing at a CAGR of 6% during the forecast period. Our reports on global iron castings market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
Read the full report: https://www.reportlinker.com/p03747081/?utm_source=PRN
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by growth in automobile segment. In addition, modernization of foundry industry is anticipated to boost the growth of the global iron castings market as well.
Market Segmentation
The global iron castings market is segmented as below:
Product:
-- Gray Iron
-- Ductile Iron
-- Malleable Iron
End-User:
-- Automobile
-- Industrial Machinery
-- Infrastructure and Construction Machines
-- Power
-- Others
Geographic Segmentation:
-- North America
-- APAC
-- Europe
-- South America
-- MEA
Key Trends for global iron castings market growth
This study identifies modernization of foundry industry as the prime reasons driving the global iron castings market growth during the next few years.
Prominent vendors in global iron castings market
We provide a detailed analysis of around 25 vendors operating in the global iron castings market , including some of the vendors such as American Axle & Manufacturing Inc., Arconic Inc., Brakes India Pvt. Ltd., chamberlin Plc, Dandong Fuding Engineering Machinery Co. Ltd., Grupo Industrial Saltillo SAB de CV, Hitachi Metals Ltd., OSCO Industries Inc., Qingdao Tian Hua Yi He Foundry Factory and Sumitomo Electric Industries Ltd. .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Read the full report: https://www.reportlinker.com/p03747081/?utm_source=PRN
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