Canada Iron Casting Market Size & Outlook, 2021-2030
Canada iron casting market, 2017-2030 (US$M)
Related Markets
Canada iron casting market highlights
- The Canada iron casting market generated a revenue of USD 894.6 million in 2021 and is expected to reach USD 1,336.2 million by 2030.
- The Canada market is expected to grow at a CAGR of 4.6% from 2022 to 2030.
- In terms of segment, gray was the largest revenue generating product in 2021.
- Ductile is the most lucrative product segment registering the fastest growth during the forecast period.
Iron casting market data book summary
| Market revenue in 2021 | USD 894.6 million |
| Market revenue in 2030 | USD 1,336.2 million |
| Growth rate | 4.6% (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) |
Other key industry trends
- In terms of revenue, Canada accounted for 0.9% of the global iron casting market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. iron casting market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 21,259.5 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Iron Casting Market Scope
Iron Casting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 61.29% in 2021. Horizon Databook has segmented the Canada iron casting market based on gray, ductile, malleable covering the revenue growth of each sub-segment from 2017 to 2030.
The pandemic had a negative impact on Canada’s manufacturing operations, which affected the sales and production of iron castings in the country in 2020. However, government efforts toward economic growth are anticipated to help in the recovery of iron castings demand, especially from industries such as infrastructure, transport, and energy.
For instance, Canada is looking to reduce its carbon emission, owing to this, it is investing in renewable energy. In June 2021, the Canadian government announced its plan to invest USD 964 million in renewable energy and upgrade its infrastructure.
In August 2020, the Government of Canada and Quebec announced their plans to invest in green infrastructure projects, which include an investment worth USD 637.8 million for 280 stormwater, drinking water, and wastewater projects in municipalities throughout Quebec.
Reasons to subscribe to Canada iron casting market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Canada iron casting market databook
-
Our clientele includes a mix of iron casting market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada iron casting market , including forecasts for subscribers. This country databook contains high-level insights into Canada iron casting market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada iron casting market size, by product, 2017-2030 (US$M)
Canada Iron Casting Market Outlook Share, 2021 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
