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Global Iron Castings Market 2023-2027. The analyst tracks the iron castings market and it is poised to grow by 23204.12 thousand t during 2023-2027, decelerating at a CAGR of 5.
New York, Dec. 13, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the “Global Ferrous Castings Market 2023-2027” report – https://www.reportlinker.com/p03747081/?utm_source=GNV
15% during the stipulated period. Our Iron Castings market report provides a holistic analysis, market size and forecast, trends, growth drivers and challenges, as well as vendor analysis covering around 25 vendors.
The report offers up-to-date analysis regarding the current scenario of the global market, the latest trends and drivers, and the overall market environment. The market is driven by growth in the automotive segment, increasing demand from the housing and infrastructure segments, and industrialization in developing countries.
The casting market is segmented as follows:
By the end user
• Car
• Industrial machines
• Infrastructure and construction machinery
• Power
• The second
By product
• Gray iron
• Duct iron
• Malleable iron
By geographic landscape
• APAC
• Europe
• North America
• South America
• Middle East and Africa
This study identifies the modernization of the foundry industry as one of the main reasons for the growth of the casting market in the next few years. Also, the increase in the consumption of cast iron products in the segment of renewable energy sources and the advancement in technology will lead to a significant demand in the market.
The analyst presents a detailed picture of the market by studying, synthesizing and summarizing data from multiple sources by analyzing key parameters. Our casting market report covers the following areas:
• Dimensioning of the iron castings market
• Iron Castings Market Forecast
• Industry analysis of iron castings market
This robust vendor analysis is designed to help clients improve their market position, and accordingly, this report provides a detailed analysis of several leading vendors in the Iron Castings market, including Benton Foundry Inc., BMF GROUP, chamberlin Plc, Dandong Fuding Engineering Machinery Co. Ltd., Decatur Foundri Inc., Deeco Metals, Endurance Technologies Ltd., Hitachi Metals Ltd., Krakatau Posco, MAGMA Giessereitechnologie GmbH, NINGBO INNOVAV MECHANICAL CO., LTD, OSCO Industries Inc., Plimouth Foundri Tian Inc., K. Hua Yi He Foundry Factory, Reliance Foundry Co. Ltd., Shibaura Machine CO., LTD, Sumitomo Electric Industries Ltd., thissenkrupp AG, Waupaca Foundry Inc. and Willman Industries Inc. Also, the Iron Castings market analysis report includes information on upcoming trends and challenges that will impact market growth. This should help companies strategize and take advantage of any upcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key industry participants. The report contains a comprehensive market and vendor landscape in addition to key vendor analysis.
The analyst presents a detailed picture of the market by studying, synthesizing and summarizing data from multiple sources by analyzing key parameters such as profits, prices, competition and promotions. It represents different aspects of the market by identifying key influential industries. The data presented are comprehensive, reliable and the result of extensive research – both primary and secondary. Technavio’s market research reports provide complete competitive and detailed vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Read the full report: https://www.reportlinker.com/p03747081/?utm_source=GNV
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.
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