Steel Castings Market Research Report: Sales, Volume, Revenue and Players Analysis 2026
公開 2025/12/08 11:55
最終更新
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Global Info Research‘s report is a detailed and comprehensive analysis for global Steel Castings market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the Steel Castings market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
According to our (Global Info Research) latest study, the global Steel Castings market size was valued at US$ 25523 million in 2024 and is forecast to a readjusted size of USD 36599 million by 2031 with a CAGR of 5.3% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Steel castings refer to metal components produced by pouring molten carbon steel, low-alloy steel, or stainless steel into molds to achieve complex geometries, high structural strength, and resistance to wear, heat, or corrosion. They are widely used in power generation, rail transportation, mining equipment, petrochemical valves and pumps, industrial machinery, and marine applications. The global Steel Castings market is highly fragmented, ranging from heavy-industry foundries supplying multi-ton structural parts to precision investment-casting manufacturers producing small functional components.
The upstream supply chain primarily includes scrap steel and pig iron, ferroalloys, refractories, molding sand, resin binders, and foundry equipment such as induction furnaces and heat-treatment systems. Downstream, steel castings enter OEMs in industries such as energy, rail, construction machinery, mining, industrial pumps/valves, and shipbuilding. The supply chain is sensitive to raw-material price fluctuations, casting-yield rates, and heat-treatment processes, making operational efficiency a key competitive factor.
In 2024, global Steel Castings production reached 14.66 million tons, with an average market price of US,692/ton.
Gross margins vary widely: large carbon-steel castings for rail/mining typically have 8–15% margins, while high-alloy precision castings can reach 18–25% due to tighter tolerances and specialized alloys. Transaction details often include per-ton pricing linked to steel indices, tooling fees for new part development, and long-term supply agreements with OEMs. Many contracts require sample approvals (PPAP), ultrasonic inspection standards, and heat-treatment certifications to ensure mechanical-property consistency.
This report is a detailed and comprehensive analysis for global Steel Castings market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Market segment by Type: Sand Casting、 Centrifugal Casting、 Investment Casting、 Others
Market segment by Application:Power Generation & Energy、 Oil & Gas / Petrochemical、 Mining & Mineral Processing、 Railway & Transportation、 Construction Machinery & Heavy Equipment、 Others
Major players covered: Amsted Rail、 ME Elecmetal、 Doosan Enerbility、 Harrison Steel Castings Company、 Fisher Cast Steel、 Eagle Alloy、 Quaker City Castings、 Aero Metals Inc.、 American Casting Company、 Avalon Precision Metalsmiths、 Badger Alloys / Badger Alloys, Inc.、 Barron Industries、 Dawang Steel Casting Foundry、 Dean Group International、 Engineered Precision Casting Co. (EPCO)、 Fetta Lost Wax Casting (M) Sdn Bhd、 HUSTON (INDIA) PVT. LTD、 KI Castings / KICastings、 Lamothermic、 Lantian Precision Machinery (Dalian)、 Magsen Foundry、 Milwaukee Precision Casting, Inc.、 Ningbo Besser Casting、 Reliance Foundry、 Ronit Technomake、 RRK Alloys、 SB Alloy Castings、 Shelmet Precision Casting、 Silbitz Group、 Universal Casting Corporation、 William Cook Group
To Get More Details About This Study, Please Click Here: https://www.globalinforesearch.com/reports/3395443/steel-castings
The overall report focuses on primary sections such as – market segments, market outlook, competitive landscape, and company profiles. The segments provide details in terms of various perspectives such as end-use industry, product or service type, and any other relevant segmentation as per the market’s current scenario which includes various aspects to perform further marketing activity. The market outlook section gives a detailed analysis of market evolution, growth drivers, restraints, opportunities, and challenges, Porter’s 5 Force’s Framework, macroeconomic analysis, value chain analysis and pricing analysis that directly shape the market at present and over the forecasted period. The drivers and restraints cover the internal factors of the market whereas opportunities and challenges are the external factors that are affecting the market. The market outlook section also gives an indication of the trends influencing new business development and investment opportunities.
The Primary Objectives in This Report determine the size of the total market opportunity of global and key countries,assess the growth potential for Steel Castings and competitive factors affecting the marketplace,forecast future growth in each product and end-use market. Also,this report profiles key players in the global Steel Castings market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments.
Steel Castings market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by region, regional analysis covers North America (United States, Canada, and Mexico),Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe),Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),South America (Brazil, Argentina, Colombia, and Rest of South America),Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).
The report provides insights regarding the lucrative opportunities in the Steel Castings Market at the country level. The report also includes a precise cost, segments, trends, region, and commercial development of the major key players globally for the projected period.
The Steel Castings Market report comprehensively examines market structure and competitive dynamics. Researching the Steel Castings market entails a structured approach beginning with clearly defined objectives and a comprehensive literature review to understand the current landscape. Methodologies involve a mix of primary research through interviews, surveys, and secondary research from industry reports and databases. Sampling strategies ensure representation, while data analysis utilizes statistical and analytical techniques to identify trends, market sizing, and competitive landscapes. Key areas of focus include trend analysis, risk assessment, and forecasting. Findings are synthesized into a detailed report, validated through peer review or expert consultation, and disseminated to stakeholders, with ongoing monitoring to stay abreast of developments.
Global Info Research is a company that digs deep into global industry information to support enterprises with market strategies and in-depth market development analysis reports. We provides market information consulting services in the global region to support enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.
Contact Us:
Global Info Research
Web: https://www.globalinforesearch.com
Email: report@globalinforesearch.com
CN: 0086-176 6505 2062
HK: 00852-58030175
According to our (Global Info Research) latest study, the global Steel Castings market size was valued at US$ 25523 million in 2024 and is forecast to a readjusted size of USD 36599 million by 2031 with a CAGR of 5.3% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Steel castings refer to metal components produced by pouring molten carbon steel, low-alloy steel, or stainless steel into molds to achieve complex geometries, high structural strength, and resistance to wear, heat, or corrosion. They are widely used in power generation, rail transportation, mining equipment, petrochemical valves and pumps, industrial machinery, and marine applications. The global Steel Castings market is highly fragmented, ranging from heavy-industry foundries supplying multi-ton structural parts to precision investment-casting manufacturers producing small functional components.
The upstream supply chain primarily includes scrap steel and pig iron, ferroalloys, refractories, molding sand, resin binders, and foundry equipment such as induction furnaces and heat-treatment systems. Downstream, steel castings enter OEMs in industries such as energy, rail, construction machinery, mining, industrial pumps/valves, and shipbuilding. The supply chain is sensitive to raw-material price fluctuations, casting-yield rates, and heat-treatment processes, making operational efficiency a key competitive factor.
In 2024, global Steel Castings production reached 14.66 million tons, with an average market price of US,692/ton.
Gross margins vary widely: large carbon-steel castings for rail/mining typically have 8–15% margins, while high-alloy precision castings can reach 18–25% due to tighter tolerances and specialized alloys. Transaction details often include per-ton pricing linked to steel indices, tooling fees for new part development, and long-term supply agreements with OEMs. Many contracts require sample approvals (PPAP), ultrasonic inspection standards, and heat-treatment certifications to ensure mechanical-property consistency.
This report is a detailed and comprehensive analysis for global Steel Castings market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Market segment by Type: Sand Casting、 Centrifugal Casting、 Investment Casting、 Others
Market segment by Application:Power Generation & Energy、 Oil & Gas / Petrochemical、 Mining & Mineral Processing、 Railway & Transportation、 Construction Machinery & Heavy Equipment、 Others
Major players covered: Amsted Rail、 ME Elecmetal、 Doosan Enerbility、 Harrison Steel Castings Company、 Fisher Cast Steel、 Eagle Alloy、 Quaker City Castings、 Aero Metals Inc.、 American Casting Company、 Avalon Precision Metalsmiths、 Badger Alloys / Badger Alloys, Inc.、 Barron Industries、 Dawang Steel Casting Foundry、 Dean Group International、 Engineered Precision Casting Co. (EPCO)、 Fetta Lost Wax Casting (M) Sdn Bhd、 HUSTON (INDIA) PVT. LTD、 KI Castings / KICastings、 Lamothermic、 Lantian Precision Machinery (Dalian)、 Magsen Foundry、 Milwaukee Precision Casting, Inc.、 Ningbo Besser Casting、 Reliance Foundry、 Ronit Technomake、 RRK Alloys、 SB Alloy Castings、 Shelmet Precision Casting、 Silbitz Group、 Universal Casting Corporation、 William Cook Group
To Get More Details About This Study, Please Click Here: https://www.globalinforesearch.com/reports/3395443/steel-castings
The overall report focuses on primary sections such as – market segments, market outlook, competitive landscape, and company profiles. The segments provide details in terms of various perspectives such as end-use industry, product or service type, and any other relevant segmentation as per the market’s current scenario which includes various aspects to perform further marketing activity. The market outlook section gives a detailed analysis of market evolution, growth drivers, restraints, opportunities, and challenges, Porter’s 5 Force’s Framework, macroeconomic analysis, value chain analysis and pricing analysis that directly shape the market at present and over the forecasted period. The drivers and restraints cover the internal factors of the market whereas opportunities and challenges are the external factors that are affecting the market. The market outlook section also gives an indication of the trends influencing new business development and investment opportunities.
The Primary Objectives in This Report determine the size of the total market opportunity of global and key countries,assess the growth potential for Steel Castings and competitive factors affecting the marketplace,forecast future growth in each product and end-use market. Also,this report profiles key players in the global Steel Castings market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments.
Steel Castings market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by region, regional analysis covers North America (United States, Canada, and Mexico),Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe),Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),South America (Brazil, Argentina, Colombia, and Rest of South America),Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).
The report provides insights regarding the lucrative opportunities in the Steel Castings Market at the country level. The report also includes a precise cost, segments, trends, region, and commercial development of the major key players globally for the projected period.
The Steel Castings Market report comprehensively examines market structure and competitive dynamics. Researching the Steel Castings market entails a structured approach beginning with clearly defined objectives and a comprehensive literature review to understand the current landscape. Methodologies involve a mix of primary research through interviews, surveys, and secondary research from industry reports and databases. Sampling strategies ensure representation, while data analysis utilizes statistical and analytical techniques to identify trends, market sizing, and competitive landscapes. Key areas of focus include trend analysis, risk assessment, and forecasting. Findings are synthesized into a detailed report, validated through peer review or expert consultation, and disseminated to stakeholders, with ongoing monitoring to stay abreast of developments.
Global Info Research is a company that digs deep into global industry information to support enterprises with market strategies and in-depth market development analysis reports. We provides market information consulting services in the global region to support enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.
Contact Us:
Global Info Research
Web: https://www.globalinforesearch.com
Email: report@globalinforesearch.com
CN: 0086-176 6505 2062
HK: 00852-58030175
