The global Ductile Cast Iron market was valued at US$ 3130.8 million in 2019 and it is expected to reach US$ 3652.3 million by the end of 2026, growing at a CAGR of 2.2% during 2021-2026.
Ductile iron, also known as ductile cast iron, nodular cast iron, spheroidal graphite iron, spheroidal graphite cast iron and SG iron, is a type of graphite-rich cast iron discovered in 1943 by Keith Millis. While most varieties of cast iron are weak in tension and brittle, ductile iron has much more impact and fatigue resistance, due to its nodular graphite inclusions.
Global market for Ductile Cast Iron is driven by growing manufacturing activity, particularly rising automobile parts production in developing markets. Growth in the market is driven by regional powerhouses, China and India, which continue to witness steady increases in outsourced manufacturing activity.
Global Ductile Cast Iron Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Ductile Cast Iron Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Waupaca Foundry, American Axle & Manufacturing (AAM), Neenah Foundry, Metal Technologies, Inc., Cifunsa, Wescast Industries Bohong), Intat Precision, Chassix, Aarrowcast, Inc., Cadillac Casting, Inc., Rochester Metal Products, Goldens’Foundry, Weichai, Georg Fischer, Dotson, Nelcast, Willman Industries, Gartland Foundry and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-ductile-cast-iron-market-research-report
Segment by Type
- Vertical Molding
- Horizontal Molding
Segment by Application
- Machinery & Equipment
- Oil & Gas
Table of Content:
1 Ductile Cast Iron Market Overview
2 Ductile Cast Iron Market Competition by Manufacturers
3 Ductile Cast Iron Retrospective Market Scenario by Region
4 Global Ductile Cast Iron Historic Market Analysis by Type
5 Global Ductile Cast Iron Historic Market Analysis by Application
6 Key Companies Profiled
7 Ductile Cast Iron Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Ductile Cast Iron Market Dynamics
10 Global Ductile Cast Iron Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta