Market revenue in 2021 | USD 1,474.9 million |
Market revenue in 2030 | USD 2,057.2 million |
Growth rate | 3.8% (CAGR from 2021 to 2030) |
Largest segment | Gray |
Fastest growing segment | Malleable |
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 64.25% in 2021. Horizon Databook has segmented the France iron casting market based on gray, ductile, malleable covering the revenue growth of each sub-segment from 2017 to 2030.
France registered an economic growth of 6.7% in 2021, which was the strongest growth recorded by the country in the past 50 years. To maintain this growth rate, the government is making investments in various industries to maintain the steady growth rate. Growth in the manufacturing sector of the country is anticipated to improve the demand for iron castings over the forecast period.
Government introduced the France 2030 investment plan, according to which, France is expected to invest USD 9.2 billion in green technologies and future innovation sectors such as automobile, biomedicine, electronics, and agriculture. This investment is anticipated to propel the demand for iron castings over the forecast period.
As the demand for iron casting products is increasing in the country, key players are pursuing initiatives to expand their businesses. In April 2021, Alstom acquired Flertex, a manufacturer of brake lining for braking systems for rail industry.
Horizon Databook provides a detailed overview of country-level data and insights on the France iron casting market , including forecasts for subscribers. This country databook contains high-level insights into France iron casting market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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