Brazil Iron Casting Market Size & Outlook, 2025-2030
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Brazil iron casting market highlights
- The Brazil iron casting market generated a revenue of USD 1,974.6 million in 2024 and is expected to reach USD 2,522.3 million by 2030.
- The Brazil market is expected to grow at a CAGR of 4.4% from 2025 to 2030.
- In terms of segment, gray was the largest revenue generating product in 2024.
- Ductile is the most lucrative product segment registering the fastest growth during the forecast period.
Iron casting market data book summary
| Market revenue in 2024 | USD 1,974.6 million |
| Market revenue in 2030 | USD 2,522.3 million |
| Growth rate | 4.4% (CAGR from 2025 to 2030) |
| Largest segment | Gray |
| Fastest growing segment | Ductile |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 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) |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.7% of the global iron casting market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil iron casting market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 129.6 million by 2030.
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Iron Casting Market Scope
Iron Casting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Newby Foundries | View profile | 51-100 | Wednesbury, Staffordshire, United Kingdom, Europe | https://newbyfoundries.co.uk/ |
| Xinxing Ductile Iron Pipes | View profile | 1001-5000 | Wuan, Hebei, China, Asia | http://www.xinxing-pipes.com |
| Crescent Foundry | View profile | 1001-5000 | Kolkata, West Bengal, India, Asia | https://www.crescentfoundry.com |
| Chamberlin Plc | View profile | 251-500 | Walsall, Walsall, United Kingdom, Europe | http://www.chamberlin.co.uk/ |
| Brakes India | View profile | 1001-5000 | Chennai, Tamil Nadu, India, Asia | https://www.brakesindia.com |
| Grupo Industrial Saltillo(GIS) | View profile | 5001-10000 | Saltillo, Coahuila de Zaragoza, Mexico, North America | http://www.gis.com.mx/# |
| Calumet Specialty Products Partners LP | View profile | 1580 | 2780 Waterfront Parkway East Drive, Suite 200, Indianapolis, IN, United States, 46214 | https://www.calumetspecialty.com |
| Georg Fischer AG | View profile | 19824 | Amsler-Laffon-Strasse 9, Schaffhausen, Switzerland, 8201 | https://www.georgfischer.com |
| POSCO Holdings Inc ADR | View profile | 44501 | POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, Korea, Republic of, 06194 | https://www.posco.co.kr |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
Brazil iron casting market outlook
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 63.63% in 2024. Horizon Databook has segmented the Brazil iron casting market based on gray, ductile, malleable covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is among the key economies of Central & South America. The country registered 5% economic growth in 2021. The country’s GDP growth rate has returned to pre-pandemic levels owing to heavy investments in infrastructure, energy, machine tooling, and transportation industries.
This project is anticipated to require an investment of USD 9 billion. Growth in railway sector is expected to augment the need for iron castings in the country over the forecast period. Furthermore, rising investments in renewable energy industry is another growth driver for the market.
The company is expected to invest USD 570 million in renewables in the country by the end of 2025. It is expected to provide clean energy from wind and solar power plants. The growth of application industries is propelling the demand for iron castings, which, in turn, is propelling competition in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil iron casting market , including forecasts for subscribers. This country databook contains high-level insights into Brazil iron casting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil iron casting market size, by product, 2018-2030 (US$M)
Brazil Iron Casting Market Outlook Share, 2024 & 2030 (US$M)
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