Market revenue in 2021 | USD 85.2 million |
Market revenue in 2030 | USD 129.6 million |
Growth rate | 4.8% (CAGR from 2021 to 2030) |
Largest segment | Gray |
Fastest growing segment | Ductile |
Historical data | 2017 - 2020 |
Base year | 2021 |
Forecast period | 2022 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Gray, Ductile, Malleable |
Key market players worldwide | Hitachi Ltd, POSCO Holdings Inc ADR, Georg Fischer AG, Calumet Specialty Products Partners LP, Brakes India, Chamberlin Plc, Crescent Foundry, Xinxing Ductile Iron Pipes, Newby Foundries, Grupo Industrial Saltillo(GIS) |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to iron casting market will help companies and investors design strategic landscapes.
Gray was the largest segment with a revenue share of 62.09% in 2021. Horizon Databook has segmented the Argentina iron casting market based on gray, ductile, malleable covering the revenue growth of each sub-segment from 2017 to 2030.
Argentina’s economy was negatively impacted by the COVID-19 pandemic in 2020, which affected the production and sales of iron castings in the country. However, government efforts toward economic growth helped in the recovery of iron castings demand, especially from industries like rail, infrastructure, energy, and transport.
The plan consists of two new stations, enhancement of 20 stations, improvement of electrical infrastructure, and development of railway tracks. Investment in rail infrastructure is anticipated to increase the demand for iron castings in the country over the forecast period.
It has taken a loan from the Inter-American Development Bank (IDB) to finance a water and sanitization program for small communities. The program is expected to help over 184,000 households by providing improved water connections.
Horizon Databook provides a detailed overview of country-level data and insights on the Argentina iron casting market , including forecasts for subscribers. This country databook contains high-level insights into Argentina iron casting market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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