Casting is a process in which a liquid metal is somehow delivered into a mold that contains a hollow cavity of the intended shape. The metal and mold are then cooled, and the metal part (the casting) is extracted. Casting is most often used for making complex shapes that would be difficult or uneconomical to make by other methods.
The global market for Automotive Gray Iron Castings was estimated to be worth US$ 2132 million in 2023 and is forecast to a readjusted size of US$ 2781.5 million by 2030 with a CAGR of 3.9% during the forecast period 2024-2030
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022. Automotive gray iron castings are a critical component in the automotive manufacturing industry, playing important roles in key areas such as engines, braking systems, and suspension systems. With the global automotive market moving towards greater environmental sustainability and energy efficiency, automotive gray iron castings are also subject to new market trends. Stringent environmental regulations and increasing demands for reduced emissions and fuel efficiency are driving automotive manufacturers to seek lighter, higher-performance components while reducing their carbon footprint. Consequently, the market for automotive gray iron castings is gradually shifting towards more advanced materials and processes to meet these requirements. Furthermore, the rise of electric vehicles and autonomous driving technologies will have profound implications for the automotive gray iron castings market, as these emerging technologies demand higher precision and innovation, thereby altering the design and manufacturing requirements for castings. Therefore, automotive gray iron casting manufacturers need to stay in tune with market trends, innovate continuously, and adapt to the changing landscape of the automotive industry.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Automotive Gray Iron Castings, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Automotive Gray Iron Castings by region & country, by Type, and by Application.
The Automotive Gray Iron Castings market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Gray Iron Castings.
Market Segmentation
By Company
Hitachi Metals
Grede Foundry
Draxton
MAT Foundry
Weichai Power (Weifang) Casting
Faw Foundry
Neenah Foundry
Tianjin New Wei San Industrial
Huaxiang Group
Metal Technologies, Inc.
INTAT Precision
Meide Group
Farinia Group
Rochester Metal Products
Kutno
Segment by Type:
Vertical Molding
Horizontal Molding
Segment by Application
Passenger Vehicle
Commercial Vehicle
Agricultural Machinery
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Automotive Gray Iron Castings manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Automotive Gray Iron Castings in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Automotive Gray Iron Castings in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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1 Market Overview
1.1 Automotive Gray Iron Castings Product Introduction
1.2 Global Automotive Gray Iron Castings Market Size Forecast
1.2.1 Global Automotive Gray Iron Castings Sales Value (2019-2030)
1.2.2 Global Automotive Gray Iron Castings Sales Volume (2019-2030)
1.2.3 Global Automotive Gray Iron Castings Sales Price (2019-2030)
1.3 Automotive Gray Iron Castings Market Trends & Drivers
1.3.1 Automotive Gray Iron Castings Industry Trends
1.3.2 Automotive Gray Iron Castings Market Drivers & Opportunity
1.3.3 Automotive Gray Iron Castings Market Challenges
1.3.4 Automotive Gray Iron Castings Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Automotive Gray Iron Castings Players Revenue Ranking (2023)
2.2 Global Automotive Gray Iron Castings Revenue by Company (2019-2024)
2.3 Global Automotive Gray Iron Castings Players Sales Volume Ranking (2023)
2.4 Global Automotive Gray Iron Castings Sales Volume by Company Players (2019-2024)
2.5 Global Automotive Gray Iron Castings Average Price by Company (2019-2024)
2.6 Key Manufacturers Automotive Gray Iron Castings Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Automotive Gray Iron Castings Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Automotive Gray Iron Castings
2.9 Automotive Gray Iron Castings Market Competitive Analysis
2.9.1 Automotive Gray Iron Castings Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Automotive Gray Iron Castings Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Automotive Gray Iron Castings as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Vertical Molding
3.1.2 Horizontal Molding
3.2 Global Automotive Gray Iron Castings Sales Value by Type
3.2.1 Global Automotive Gray Iron Castings Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Automotive Gray Iron Castings Sales Value, by Type (2019-2030)
3.2.3 Global Automotive Gray Iron Castings Sales Value, by Type (%) (2019-2030)
3.3 Global Automotive Gray Iron Castings Sales Volume by Type
3.3.1 Global Automotive Gray Iron Castings Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Automotive Gray Iron Castings Sales Volume, by Type (2019-2030)
3.3.3 Global Automotive Gray Iron Castings Sales Volume, by Type (%) (2019-2030)
3.4 Global Automotive Gray Iron Castings Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Passenger Vehicle
4.1.2 Commercial Vehicle
4.1.3 Agricultural Machinery
4.2 Global Automotive Gray Iron Castings Sales Value by Application
4.2.1 Global Automotive Gray Iron Castings Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Automotive Gray Iron Castings Sales Value, by Application (2019-2030)
4.2.3 Global Automotive Gray Iron Castings Sales Value, by Application (%) (2019-2030)
4.3 Global Automotive Gray Iron Castings Sales Volume by Application
4.3.1 Global Automotive Gray Iron Castings Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Automotive Gray Iron Castings Sales Volume, by Application (2019-2030)
4.3.3 Global Automotive Gray Iron Castings Sales Volume, by Application (%) (2019-2030)
4.4 Global Automotive Gray Iron Castings Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Automotive Gray Iron Castings Sales Value by Region
5.1.1 Global Automotive Gray Iron Castings Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Automotive Gray Iron Castings Sales Value by Region (2019-2024)
5.1.3 Global Automotive Gray Iron Castings Sales Value by Region (2025-2030)
5.1.4 Global Automotive Gray Iron Castings Sales Value by Region (%), (2019-2030)
5.2 Global Automotive Gray Iron Castings Sales Volume by Region
5.2.1 Global Automotive Gray Iron Castings Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Automotive Gray Iron Castings Sales Volume by Region (2019-2024)
5.2.3 Global Automotive Gray Iron Castings Sales Volume by Region (2025-2030)
5.2.4 Global Automotive Gray Iron Castings Sales Volume by Region (%), (2019-2030)
5.3 Global Automotive Gray Iron Castings Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Automotive Gray Iron Castings Sales Value, 2019-2030
5.4.2 North America Automotive Gray Iron Castings Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Automotive Gray Iron Castings Sales Value, 2019-2030
5.5.2 Europe Automotive Gray Iron Castings Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Automotive Gray Iron Castings Sales Value, 2019-2030
5.6.2 Asia Pacific Automotive Gray Iron Castings Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Automotive Gray Iron Castings Sales Value, 2019-2030
5.7.2 South America Automotive Gray Iron Castings Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Automotive Gray Iron Castings Sales Value, 2019-2030
5.8.2 Middle East & Africa Automotive Gray Iron Castings Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Automotive Gray Iron Castings Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Automotive Gray Iron Castings Sales Value
6.2.1 Key Countries/Regions Automotive Gray Iron Castings Sales Value, 2019-2030
6.2.2 Key Countries/Regions Automotive Gray Iron Castings Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Automotive Gray Iron Castings Sales Value, 2019-2030
6.3.2 United States Automotive Gray Iron Castings Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Automotive Gray Iron Castings Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Automotive Gray Iron Castings Sales Value, 2019-2030
6.4.2 Europe Automotive Gray Iron Castings Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Automotive Gray Iron Castings Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Automotive Gray Iron Castings Sales Value, 2019-2030
6.5.2 China Automotive Gray Iron Castings Sales Value by Type (%), 2023 VS 2030
6.5.3 China Automotive Gray Iron Castings Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Automotive Gray Iron Castings Sales Value, 2019-2030
6.6.2 Japan Automotive Gray Iron Castings Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Automotive Gray Iron Castings Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Automotive Gray Iron Castings Sales Value, 2019-2030
6.7.2 South Korea Automotive Gray Iron Castings Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Automotive Gray Iron Castings Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Automotive Gray Iron Castings Sales Value, 2019-2030
6.8.2 Southeast Asia Automotive Gray Iron Castings Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Automotive Gray Iron Castings Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Automotive Gray Iron Castings Sales Value, 2019-2030
6.9.2 India Automotive Gray Iron Castings Sales Value by Type (%), 2023 VS 2030
6.9.3 India Automotive Gray Iron Castings Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Hitachi Metals
7.1.1 Hitachi Metals Company Information
7.1.2 Hitachi Metals Introduction and Business Overview
7.1.3 Hitachi Metals Automotive Gray Iron Castings Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Hitachi Metals Automotive Gray Iron Castings Product Offerings
7.1.5 Hitachi Metals Recent Development
7.2 Grede Foundry
7.2.1 Grede Foundry Company Information
7.2.2 Grede Foundry Introduction and Business Overview
7.2.3 Grede Foundry Automotive Gray Iron Castings Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Grede Foundry Automotive Gray Iron Castings Product Offerings
7.2.5 Grede Foundry Recent Development
7.3 Draxton
7.3.1 Draxton Company Information
7.3.2 Draxton Introduction and Business Overview
7.3.3 Draxton Automotive Gray Iron Castings Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Draxton Automotive Gray Iron Castings Product Offerings
7.3.5 Draxton Recent Development
7.4 MAT Foundry
7.4.1 MAT Foundry Company Information
7.4.2 MAT Foundry Introduction and Business Overview
7.4.3 MAT Foundry Automotive Gray Iron Castings Sales, Revenue and Gross Margin (2019-2024)
7.4.4 MAT Foundry Automotive Gray Iron Castings Product Offerings
7.4.5 MAT Foundry Recent Development
7.5 Weichai Power (Weifang) Casting
7.5.1 Weichai Power (Weifang) Casting Company Information
7.5.2 Weichai Power (Weifang) Casting Introduction and Business Overview
7.5.3 Weichai Power (Weifang) Casting Automotive Gray Iron Castings Sales, Revenue and Gross Margin (2019-2024)
7.5.4 Weichai Power (Weifang) Casting Automotive Gray Iron Castings Product Offerings
7.5.5 Weichai Power (Weifang) Casting Recent Development
7.6 Faw Foundry
7.6.1 Faw Foundry Company Information
7.6.2 Faw Foundry Introduction and Business Overview
7.6.3 Faw Foundry Automotive Gray Iron Castings Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Faw Foundry Automotive Gray Iron Castings Product Offerings
7.6.5 Faw Foundry Recent Development
7.7 Neenah Foundry
7.7.1 Neenah Foundry Company Information
7.7.2 Neenah Foundry Introduction and Business Overview
7.7.3 Neenah Foundry Automotive Gray Iron Castings Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Neenah Foundry Automotive Gray Iron Castings Product Offerings
7.7.5 Neenah Foundry Recent Development
7.8 Tianjin New Wei San Industrial
7.8.1 Tianjin New Wei San Industrial Company Information
7.8.2 Tianjin New Wei San Industrial Introduction and Business Overview
7.8.3 Tianjin New Wei San Industrial Automotive Gray Iron Castings Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Tianjin New Wei San Industrial Automotive Gray Iron Castings Product Offerings
7.8.5 Tianjin New Wei San Industrial Recent Development
7.9 Huaxiang Group
7.9.1 Huaxiang Group Company Information
7.9.2 Huaxiang Group Introduction and Business Overview
7.9.3 Huaxiang Group Automotive Gray Iron Castings Sales, Revenue and Gross Margin (2019-2024)
7.9.4 Huaxiang Group Automotive Gray Iron Castings Product Offerings
7.9.5 Huaxiang Group Recent Development
7.10 Metal Technologies, Inc.
7.10.1 Metal Technologies, Inc. Company Information
7.10.2 Metal Technologies, Inc. Introduction and Business Overview
7.10.3 Metal Technologies, Inc. Automotive Gray Iron Castings Sales, Revenue and Gross Margin (2019-2024)
7.10.4 Metal Technologies, Inc. Automotive Gray Iron Castings Product Offerings
7.10.5 Metal Technologies, Inc. Recent Development
7.11 INTAT Precision
7.11.1 INTAT Precision Company Information
7.11.2 INTAT Precision Introduction and Business Overview
7.11.3 INTAT Precision Automotive Gray Iron Castings Sales, Revenue and Gross Margin (2019-2024)
7.11.4 INTAT Precision Automotive Gray Iron Castings Product Offerings
7.11.5 INTAT Precision Recent Development
7.12 Meide Group
7.12.1 Meide Group Company Information
7.12.2 Meide Group Introduction and Business Overview
7.12.3 Meide Group Automotive Gray Iron Castings Sales, Revenue and Gross Margin (2019-2024)
7.12.4 Meide Group Automotive Gray Iron Castings Product Offerings
7.12.5 Meide Group Recent Development
7.13 Farinia Group
7.13.1 Farinia Group Company Information
7.13.2 Farinia Group Introduction and Business Overview
7.13.3 Farinia Group Automotive Gray Iron Castings Sales, Revenue and Gross Margin (2019-2024)
7.13.4 Farinia Group Automotive Gray Iron Castings Product Offerings
7.13.5 Farinia Group Recent Development
7.14 Rochester Metal Products
7.14.1 Rochester Metal Products Company Information
7.14.2 Rochester Metal Products Introduction and Business Overview
7.14.3 Rochester Metal Products Automotive Gray Iron Castings Sales, Revenue and Gross Margin (2019-2024)
7.14.4 Rochester Metal Products Automotive Gray Iron Castings Product Offerings
7.14.5 Rochester Metal Products Recent Development
7.15 Kutno
7.15.1 Kutno Company Information
7.15.2 Kutno Introduction and Business Overview
7.15.3 Kutno Automotive Gray Iron Castings Sales, Revenue and Gross Margin (2019-2024)
7.15.4 Kutno Automotive Gray Iron Castings Product Offerings
7.15.5 Kutno Recent Development
8 Industry Chain Analysis
8.1 Automotive Gray Iron Castings Industrial Chain
8.2 Automotive Gray Iron Castings Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Automotive Gray Iron Castings Sales Model
8.5.2 Sales Channel
8.5.3 Automotive Gray Iron Castings Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Hitachi Metals
Grede Foundry
Draxton
MAT Foundry
Weichai Power (Weifang) Casting
Faw Foundry
Neenah Foundry
Tianjin New Wei San Industrial
Huaxiang Group
Metal Technologies, Inc.
INTAT Precision
Meide Group
Farinia Group
Rochester Metal Products
Kutno
Ìý
Ìý
*If Applicable.