Le Lézard
Classified in: Mining industry, Covid-19 virus
Subject: MRR

Steel Casting Market to Record a CAGR of 4.19%, ArcelorMittal SA and Columbia Steel Casting Co Inc Among Key Vendors - Technavio


NEW YORK, Sept. 27, 2022 /PRNewswire/ -- The steel casting market size is expected to grow by 3274.74 thousand MTPA between 2021 and 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 4.19% during the forecast period, according to Technavio's latest market report estimates. The growing construction activities are driving the steel casting market growth. However, factors such as environmental concerns related to the casting industry may challenge the market growth.

This report offers an up-to-date analysis of the latest trends and drivers, the current market scenario, and the overall market environment. Read FREE PDF Sample Report

Steel Casting Market 2022-2026:Vendor Analysis and Scope

To help businesses improve their market position, Technavio's report has provided a detailed analysis of around 25 vendors operating in the market. Some of the major vendors of the steel casting market include ArcelorMittal SA, Columbia Steel Casting Co Inc, Dandong Fuding Engineering Machinery Co. Ltd., Doosan Corp., Ferralloy Inc., Fortune Foundries Pvt. Ltd, Fundiciones Del Estanda SA, Goodwin Steel Castings Ltd., Harrison Steel Castings Co., Hitachi Ltd., Hyundai Steel Co., Isgec Heavy Engineering Ltd., Japan Steel Works M and E Co Ltd, Maynard Steel Casting Co., Kobe Steel Ltd., Nucor Corp., Milwaukee Precision Casting Inc., SIGMA Engineered Solutions, Peekay Steel Castings Pvt Ltd, and Stainless Foundry and Engineering Inc. The key offerings of some of these vendors are listed below:

The report also covers the following areas:

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Steel Casting Market 2022-2026: Segmentation

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report

Steel Casting Market 2022-2026: Revenue-generating Application Segment

The automotive and transportation segment will be the largest contributor to market growth during the forecast period. The demand for manufacturing aircraft components and turbine engine parts is expected to increase. Hence, the steel casting market is expected to experience significant growth in the automotive and transportation segment during the forecast period.

Steel Casting Market 2022-2026: Key Highlights

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Steel Casting Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.19%

Market growth 2022-2026

3274.74 th MTPA

Market structure

Fragmented

YoY growth (%)

3.85

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 70%

Key consumer countries

US, Canada, China, India, Germany, and Italy

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ArcelorMittal SA, Columbia Steel Casting Co Inc, Dandong Fuding Engineering Machinery Co. Ltd., Doosan Corp., Ferralloy Inc., Fortune Foundries Pvt. Ltd, Fundiciones Del Estanda SA, Goodwin Steel Castings Ltd., Harrison Steel Castings Co., Hitachi Ltd., Hyundai Steel Co., Isgec Heavy Engineering Ltd., Japan Steel Works M and E Co Ltd, Kobe Steel Ltd., Maynard Steel Casting Co., Milwaukee Precision Casting Inc., Nucor Corp., Peekay Steel Castings Pvt Ltd, SIGMA Engineered Solutions, and Stainless Foundry and Engineering Inc

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse Materials Market Reports

Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Application

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio


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