APO RESEARCH · REPORT
Steel Casting
A steel casting is a metal component that is formed by pouring molten steel into a mold cavity. The liquefied steel then cools and solidifies within the mold cavity. By catering the shape of the mold, and hence the casting, to perfectly fit specifications. The casting process of steel can be difficult. It is less fluid than other metals and more reactive to mold materials.
Product & engineering
Understand the product.
A steel casting is a metal component that is formed by pouring molten steel into a mold cavity. The liquefied steel then cools and solidifies within the mold cavity. By catering the shape of the mold, and hence the casting, to perfectly fit specifications. The casting process of steel can be difficult. It is less fluid than other metals and more reactive to mold materials.
Selected research
Industry Research
Steel Casting Industry Research Report 2026
Market perspective
A steel casting is a metal component that is formed by pouring molten steel into a mold cavity. The liquefied steel then cools and solidifies within the mold cavity. By catering the shape of the mold, and hence the casting, to perfectly fit specifications. The casting process of steel can be difficult. It is less fluid than other metals and more reactive to mold materials.
On the basis of product type, Carbon Steel Casting represent the largest share of the worldwide Steel Casting market, with 47.16% share. In the applications, Rail and Transit segment is estimated to be the largest end-use industry segment of the market in 2019, with 28.28% share of global market. The concentration of the market is low. Precision Castparts occupies most of the global market, with the market share of 1.5%. China holds the major share in the global market, with a share of 48.09%.
Report Scope
Read the full market overview
This report quantifies the global Steel Casting market in revenue (US$ million) and, where applicable, sales volume (K MT), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/K MT) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Steel Casting.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Steel Casting Market by Company
Precision Castparts
Hitachi
Doosan Heavy Industries & Construction
Kobe Steel
ME Elecmetal
Amsted Rail
Signicast (Form Technologies Company)
MetalTek International
Anhui Yingliu
Harrison Steel Casting
Peekay Steel Castings
Impro Precision
Liaoning Fu-An Heavy Industry
Tycon Alloy Industries
Japan Steel Works
Amsteel Castings
Isgec Heavy Engineering
Steel Casting Segment by Type
Carbon Steel Casting
Low-Alloy Steel Casting
High Alloy Steel Casting
Steel Casting Segment by Application
Power Generation
Rail and Transit
Mining
Construction Machinery
Oil and Gas
Aerospace and Defense
Shipbuilding
Others
Steel Casting Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Steel Casting market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Steel Casting and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Steel Casting.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Steel Casting manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Steel Casting by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Steel Casting in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Carbon Steel Casting
- Low-Alloy Steel Casting
- High Alloy Steel Casting
Applications
- Power Generation
- Rail and Transit
- Mining
- Construction Machinery
- Oil and Gas
- Aerospace and Defense
- Shipbuilding
- Others
Companies covered
- Precision Castparts
- Hitachi
- Doosan Heavy Industries & Construction
- Kobe Steel
- ME Elecmetal
- Amsted Rail
- Signicast (Form Technologies Company)
- MetalTek International
- Anhui Yingliu
- Harrison Steel Casting
- Peekay Steel Castings
- Impro Precision
- Liaoning Fu-An Heavy Industry
- Tycon Alloy Industries
- Japan Steel Works
- Amsteel Castings
- Isgec Heavy Engineering
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Steel Casting by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Carbon Steel Casting
- 2.2.3 Low-Alloy Steel Casting
- 2.2.4 High Alloy Steel Casting
- 2.3 Steel Casting by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Power Generation
- 2.3.3 Rail and Transit
- 2.3.4 Mining
- 2.3.5 Construction Machinery
- 2.3.6 Oil and Gas
- 2.3.7 Aerospace and Defense
- 2.3.8 Shipbuilding
- 2.3.9 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Steel Casting Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Steel Casting Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Steel Casting Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Steel Casting Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Steel Casting Production by Manufacturers (2021-2026)
- 3.2 Global Steel Casting Production Value by Manufacturers (2021-2026)
- 3.3 Global Steel Casting Average Price by Manufacturers (2021-2026)
- 3.4 Global Steel Casting Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Steel Casting Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Steel Casting Manufacturers, Product Type & Application
- 3.7 Global Steel Casting Manufacturers Established Date
- 3.8 Global Steel Casting Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Precision Castparts
- 4.1.1 Precision Castparts Steel Casting Company Information
- 4.1.2 Precision Castparts Steel Casting Business Overview
- 4.1.3 Precision Castparts Steel Casting Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 Precision Castparts Product Portfolio
- 4.1.5 Precision Castparts Recent Developments
- 4.2 Hitachi
- 4.2.1 Hitachi Steel Casting Company Information
- 4.2.2 Hitachi Steel Casting Business Overview
- 4.2.3 Hitachi Steel Casting Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 Hitachi Product Portfolio
- 4.2.5 Hitachi Recent Developments
- 4.3 Doosan Heavy Industries & Construction
- 4.3.1 Doosan Heavy Industries & Construction Steel Casting Company Information
- 4.3.2 Doosan Heavy Industries & Construction Steel Casting Business Overview
- 4.3.3 Doosan Heavy Industries & Construction Steel Casting Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 Doosan Heavy Industries & Construction Product Portfolio
- 4.3.5 Doosan Heavy Industries & Construction Recent Developments
- 4.4 Kobe Steel
- 4.4.1 Kobe Steel Steel Casting Company Information
- 4.4.2 Kobe Steel Steel Casting Business Overview
- 4.4.3 Kobe Steel Steel Casting Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 Kobe Steel Product Portfolio
- 4.4.5 Kobe Steel Recent Developments
- 4.5 ME Elecmetal
- 4.5.1 ME Elecmetal Steel Casting Company Information
- 4.5.2 ME Elecmetal Steel Casting Business Overview
- 4.5.3 ME Elecmetal Steel Casting Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 ME Elecmetal Product Portfolio
- 4.5.5 ME Elecmetal Recent Developments
- 4.6 Amsted Rail
- 4.6.1 Amsted Rail Steel Casting Company Information
- 4.6.2 Amsted Rail Steel Casting Business Overview
- 4.6.3 Amsted Rail Steel Casting Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 Amsted Rail Product Portfolio
- 4.6.5 Amsted Rail Recent Developments
- 4.7 Signicast (Form Technologies Company)
- 4.7.1 Signicast (Form Technologies Company) Steel Casting Company Information
- 4.7.2 Signicast (Form Technologies Company) Steel Casting Business Overview
- 4.7.3 Signicast (Form Technologies Company) Steel Casting Production Capacity, Value and Gross Margin (2021-2026)
- 4.7.4 Signicast (Form Technologies Company) Product Portfolio
- 4.7.5 Signicast (Form Technologies Company) Recent Developments
- 4.8 MetalTek International
- 4.8.1 MetalTek International Steel Casting Company Information
- 4.8.2 MetalTek International Steel Casting Business Overview
- 4.8.3 MetalTek International Steel Casting Production Capacity, Value and Gross Margin (2021-2026)
- 4.8.4 MetalTek International Product Portfolio
- 4.8.5 MetalTek International Recent Developments
- 4.9 Anhui Yingliu
- 4.9.1 Anhui Yingliu Steel Casting Company Information
- 4.9.2 Anhui Yingliu Steel Casting Business Overview
- 4.9.3 Anhui Yingliu Steel Casting Production Capacity, Value and Gross Margin (2021-2026)
- 4.9.4 Anhui Yingliu Product Portfolio
- 4.9.5 Anhui Yingliu Recent Developments
- 4.10 Harrison Steel Casting
- 4.10.1 Harrison Steel Casting Steel Casting Company Information
- 4.10.2 Harrison Steel Casting Steel Casting Business Overview
- 4.10.3 Harrison Steel Casting Steel Casting Production Capacity, Value and Gross Margin (2021-2026)
- 4.10.4 Harrison Steel Casting Product Portfolio
- 4.10.5 Harrison Steel Casting Recent Developments
- 4.11 Peekay Steel Castings
- 4.11.1 Peekay Steel Castings Steel Casting Company Information
- 4.11.2 Peekay Steel Castings Steel Casting Business Overview
- 4.11.3 Peekay Steel Castings Steel Casting Production Capacity, Value and Gross Margin (2021-2026)
- 4.11.4 Peekay Steel Castings Product Portfolio
- 4.11.5 Peekay Steel Castings Recent Developments
- 4.12 Impro Precision
- 4.12.1 Impro Precision Steel Casting Company Information
- 4.12.2 Impro Precision Steel Casting Business Overview
- 4.12.3 Impro Precision Steel Casting Production Capacity, Value and Gross Margin (2021-2026)
- 4.12.4 Impro Precision Product Portfolio
- 4.12.5 Impro Precision Recent Developments
- 4.13 Liaoning Fu-An Heavy Industry
- 4.13.1 Liaoning Fu-An Heavy Industry Steel Casting Company Information
- 4.13.2 Liaoning Fu-An Heavy Industry Steel Casting Business Overview
- 4.13.3 Liaoning Fu-An Heavy Industry Steel Casting Production Capacity, Value and Gross Margin (2021-2026)
- 4.13.4 Liaoning Fu-An Heavy Industry Product Portfolio
- 4.13.5 Liaoning Fu-An Heavy Industry Recent Developments
- 4.14 Tycon Alloy Industries
- 4.14.1 Tycon Alloy Industries Steel Casting Company Information
- 4.14.2 Tycon Alloy Industries Steel Casting Business Overview
- 4.14.3 Tycon Alloy Industries Steel Casting Production Capacity, Value and Gross Margin (2021-2026)
- 4.14.4 Tycon Alloy Industries Product Portfolio
- 4.14.5 Tycon Alloy Industries Recent Developments
- 4.15 Japan Steel Works
- 4.15.1 Japan Steel Works Steel Casting Company Information
- 4.15.2 Japan Steel Works Steel Casting Business Overview
- 4.15.3 Japan Steel Works Steel Casting Production Capacity, Value and Gross Margin (2021-2026)
- 4.15.4 Japan Steel Works Product Portfolio
- 4.15.5 Japan Steel Works Recent Developments
- 4.16 Amsteel Castings
- 4.16.1 Amsteel Castings Steel Casting Company Information
- 4.16.2 Amsteel Castings Steel Casting Business Overview
- 4.16.3 Amsteel Castings Steel Casting Production Capacity, Value and Gross Margin (2021-2026)
- 4.16.4 Amsteel Castings Product Portfolio
- 4.16.5 Amsteel Castings Recent Developments
- 4.17 Isgec Heavy Engineering
- 4.17.1 Isgec Heavy Engineering Steel Casting Company Information
- 4.17.2 Isgec Heavy Engineering Steel Casting Business Overview
- 4.17.3 Isgec Heavy Engineering Steel Casting Production Capacity, Value and Gross Margin (2021-2026)
- 4.17.4 Isgec Heavy Engineering Product Portfolio
- 4.17.5 Isgec Heavy Engineering Recent Developments
5 Global Steel Casting Production by Region
- 5.1 Global Steel Casting Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Steel Casting Production by Region: 2021-2032
- 5.2.1 Global Steel Casting Production by Region: 2021-2026
- 5.2.2 Global Steel Casting Production Forecast by Region (2027-2032)
- 5.3 Global Steel Casting Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Steel Casting Production Value by Region: 2021-2032
- 5.4.1 Global Steel Casting Production Value by Region: 2021-2026
- 5.4.2 Global Steel Casting Production Value Forecast by Region (2027-2032)
- 5.5 Global Steel Casting Market Price Analysis by Region (2021-2026)
- 5.6 Global Steel Casting Production and Value, YOY Growth
- 5.6.1 North America Steel Casting Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Steel Casting Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Steel Casting Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Steel Casting Production Value Estimates and Forecasts (2021-2032)
6 Global Steel Casting Consumption by Region
- 6.1 Global Steel Casting Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Steel Casting Consumption by Region (2021-2032)
- 6.2.1 Global Steel Casting Consumption by Region: 2021-2026
- 6.2.2 Global Steel Casting Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Steel Casting Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Steel Casting Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Steel Casting Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Steel Casting Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Steel Casting Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Steel Casting Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Steel Casting Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Steel Casting Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Steel Casting Production by Type (2021-2032)
- 7.1.1 Global Steel Casting Production by Type (2021-2032) & (K MT)
- 7.1.2 Global Steel Casting Production Market Share by Type (2021-2032)
- 7.2 Global Steel Casting Production Value by Type (2021-2032)
- 7.2.1 Global Steel Casting Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Steel Casting Production Value Market Share by Type (2021-2032)
- 7.3 Global Steel Casting Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Steel Casting Production by Application (2021-2032)
- 8.1.1 Global Steel Casting Production by Application (2021-2032) & (K MT)
- 8.1.2 Global Steel Casting Production Market Share by Application (2021-2032)
- 8.2 Global Steel Casting Production Value by Application (2021-2032)
- 8.2.1 Global Steel Casting Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Steel Casting Production Value Market Share by Application (2021-2032)
- 8.3 Global Steel Casting Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Steel Casting Value Chain Analysis
- 9.1.1 Steel Casting Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Steel Casting Production Mode & Process
- 9.2 Steel Casting Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Steel Casting Distributors
- 9.2.3 Steel Casting Customers
10 Global Steel Casting Analyzing Market Dynamics
- 10.1 Steel Casting Industry Trends
- 10.2 Steel Casting Industry Drivers
- 10.3 Steel Casting Industry Opportunities and Challenges
- 10.4 Steel Casting Industry Restraints
11 Report Conclusion
12 Disclaimer
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