Market Study

Global Steel Casting Market Research Report 2020

In this report, the Global Steel Casting market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. Global Steel Casting market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

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A steel casting is a metal component that is formed by pouring molten steel into a mold cavity. The liquefied steel then cools and solidifies within the mold cavity. By catering the shape of the mold, and hence the casting, to perfectly fit specifications. The casting process of steel can be difficult. It is less fluid than other metals and more reactive to mold materials.

On the basis of product type, Carbon Steel Casting represent the largest share of the worldwide Steel Casting market, with 47.16% share. In the applications, Rail and Transit segment is estimated to be the largest end-use industry segment of the market in 2019, with 28.28% share of global market. The concentration of the market is low. Precision Castparts occupies most of the global market, with the market share of 1.5%. China holds the major share in the global market, with a share of 48.09%.

The global Steel Casting market size is projected to reach US$ 74770 million by 2026, from US$ 70690 million in 2020, at a CAGR of 0.9% during 2021-2026.

This report focuses on Steel Casting volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Steel Casting market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, etc.

Global Steel Casting Market: Segment Analysis

The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Global Steel Casting Market: Regional Analysis

The research report includes a detailed study of regions of North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, sales, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.

Global Steel Casting Market: Competitive Landscape

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.

Following are the segments covered by the report are:

Carbon Steel Casting

Low-Alloy Steel Casting

High Alloy Steel Casting

By Application:

Power Generation

Rail and Transit


Construction Machinery

Oil and Gas

Aerospace and Defense



Key Players:

The Key manufacturers that are operating in the global Steel Casting market are:

Precision Castparts


Doosan Heavy Industries & Construction

Kobe Steel

ME Elecmetal

Amsted Rail

Signicast (Form Technologies Company)

MetalTek International

Anhui Yingliu

Harrison Steel Casting

Peekay Steel Castings

Impro Precision

Liaoning Fu-An Heavy Industry

Tycon Alloy Industries

Japan Steel Works

Amsteel Castings

Isgec Heavy Engineering

Competitive Landscape

The analysts have provided a comprehensive analysis of the competitive landscape of the global Steel Casting market with the company market structure and market share analysis of the top players. The innovative trends and developments, mergers and acquisitions, product portfolio, and new product innovation to provide a dashboard view of the market, ultimately providing the readers accurate measure of the current market developments, business strategies, and key financials.

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