Since the outbreak of COVID-19, the world economy continues to suffer from many destructive risks, many companies have experienced bankruptcy and a reduction in exchange rates. To provide a comprehensive understanding of the industry's competitive landscape, we analyze not only the prominent global players but also the significant regional small and medium-sized companies that play critical roles and have substantial growth potential. How is the list of key players for the report determined? Get a Sample Copy of the Gray Iron Castings Report 2023Īnalysis of Segmentation and Competition in the Gray Iron Castings Market: As of 2022, the market is growing at a steady pace and with the increasing implementation of strategies by major players, the market is projected to continue its upward path. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.ĭuring the forecast period from 2023 to 2029, the global Gray Iron Castings market is expected to experience significant growth. Players, stakeholders, and other participants in the global Gray Iron Castings market will be able to gain the upper hand as they use the report as a powerful resource. Global Gray Iron Castings Scope and Segment Gray Iron Castings market is segmented by Type and by Application.

In terms of sales side, this report focuses on the sales of Gray Iron Castings by region (region level and country level), by company, by Type and by Application. In terms of production side, this report researches the Gray Iron Castings capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028. The top 5 companies account for nearly 3% revenue share in 2019. 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. The follower are Europe and America, they occupied about 25% revenue market share. 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. While Automotive segment is altered to anPercent CAGR throughout this forecast period. Fully considering the economic change by this health crisis, Vertical Molding accounting forPercent of the Gray Iron Castings global market in 2021, is projected to value USD million by 2028, growing at a revisedPercent CAGR in the post-COVID-19 period.

Market Analysis and Insights: Global Gray Iron Castings Market Due to the COVID-19 pandemic, the global Gray Iron Castings market size is estimated to be worth USD 54070 million in 2022 and is forecast to a readjusted size of USD 60170 million by 2028 with a CAGR of 1.8% during the review period. Casting is most often used for making complex shapes that would be difficult or uneconomical to make by other methods. The metal and mold are then cooled, and the metal part (the casting) is extracted. 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.

Highlights with Short Brief of Gray Iron Castings Market: Gray Iron Castings Market Channel Segment (Direct Sales, Distribution Channel) Section 1: USD Million -Gray Iron Castings Industry Forecast (2023-2029) Section 2: USD Million -Downstream Customers Section 3: USD Million -Raw Material and Manufacturing Cost Section 4: USD Million -Conclusion Section 5: Research Method and Data Source. What is the expected growth of the Gray Iron Castings market?

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