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At a CAGR of 3.82%, Global Steel Casting Market 2016-2020, Competitive Analysis and Major Regions Development Report

Press release   •   Sep 01, 2016 12:02 IST

Global Steel Casting Market 2016-2020 Size and Share Published in 2016-08-23 Available for US$ 2500 at


A steel casting is a method where liquefied steel is poured into a mold, made of sand or ceramic plaster, to create a desired shape. The mold contains a hollow cavity of the required shape. After pouring the liquefied steel cools, solidifies, and is removed for cleaning. The product formed is subjected to heat treatment and further finishing. Heat treatment enhances the properties of the cast formed. Steel castings are preferred for applications requiring high strength, weldability, corrosion resistance, abrasion resistance, and serviceability under low and high temperatures. For instance, steel castings are used for making important components in the mining, construction, military, railroad, truck, and oil and gas industries.

Technavios analysts forecast the global steel casting market to grow at a CAGR of 3.82% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global steel casting market for 2016-2020. In order to calculate the market size, we considered the revenue generated through sales of steel casting for applications such as automobiles and transportation, infrastructure and construction, valves and pumps, mining, and others (consumer goods and agriculture machinery).

The market is divided into the following segments based on geography:





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Technavio's report, Global Steel Casting Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Anhui Yingliu


Kobe Steel

Precision Castparts



Other prominent vendors

Amsteel Castings


Hyundai Steel


Pacific Steel Casting

Market driver

Industrialization and development in APAC

For a full, detailed list, view our report

Market challenge

Sluggish demand for steel

For a full, detailed list, view our report

Market trend

Steel as sustainable material

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

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Table of Content

PART 01: Executive summary


PART 02: Scope of the report

Market overview

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights


Global steel industry outlook

PART 05: Market landscape

Global ferrous casting market

Global steel casting market

PART 06: Market segmentation by application

Global steel casting market by application

Global steel casting market for automobiles and transportation

Global steel casting market for construction and infrastructure

Global steel casting market for valves and pumps

Global steel casting market for mining

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