Growing Demand From Automotive Industry Is Driving The Global Cast Iron Market , And Are Expected To Drive Market Expansion In The Near Future At A CAGR Of 5.655% During The Forecast Period 2025 To 2035

Market Research Future (MRFR) has published a cooked research report on the “Global Cast Iron Market” that contains information from 2019 to 2035.

The Global CAST IRON Market is estimated to register a CAGR of 5.655% during the forecast period of 2024 to 2035.

MRFR recognizes the following companies as the key players in the Global Cast Iron Market— include JS Auto Cast, American Cast Iron Pipe Company, Govind Steel Company Limited, Jianzhi, ELECTROSTEEL Castings Limited, Gf Piping Systems, MCWANE, Kubota Corporation, Teksid, Charlotte Pipe and Foundry, And Among Others.

Market Highlights

The Global Cast Iron Market is estimated to register a CAGR of 5.655% during the forecast period and is estimated to reach USD 179.28 Billion by 2035.

The growing demand in construction and infrastructure represents one of the most significant drivers propelling the global cast iron industry forward. As nations worldwide grapple with aging infrastructure and expanding urban populations, the need for robust, durable construction materials has reached unprecedented levels. Cast iron, with its exceptional strength, longevity, and cost-effectiveness, has emerged as a critical component in addressing these infrastructure challenges. The material's versatility makes it indispensable across various construction applications, from water and sewer systems to structural components in buildings and bridges.

The overall growth trajectory reflects the sustained demand from construction and infrastructure sectors globally. The construction industry itself is experiencing a renaissance, with 2024 anticipated to usher in a transition towards robust growth in total construction starts. This momentum is further supported by favorable economic conditions, as lower interest rates and falling inflation may reduce project financing costs, encouraging both public- and private-sector investments in construction.

Water infrastructure modernization has become a particularly crucial driver for cast iron demand. The urgency of addressing America's aging water systems cannot be overstated, with the average US water-network pipe being 45 years old, with some cast-iron pipes more than a century old. This aging infrastructure crisis has created an enormous replacement market, as water quality projects needed to meet goals of the Clean Water Act will cost an estimated $630.1 billion nationwide over the next 20 years.

Segment Analysis

The Global Cast Iron Market has been segmented based on By Application, By Product Type, By Manufacturing Process, By Grade.

Based on Application, the Global Cast Iron Market is Segmented into: Automotive, Construction, Industrial Machinery, Plumbing and Heating, Others. The Automotive segments held the largest market share in 2024, and the Automotive segment is the fastest-growing segment during the forecast period (2025 -2035).

Cast iron is widely used in the automotive industry due to its excellent mechanical properties, such as high strength, wear resistance, and good machinability. One of its most common applications is in the manufacturing of engine blocks, where its ability to withstand high temperatures and pressures makes it ideal for housing internal combustion components. Additionally, cast iron is used in brake discs and drums, thanks to its excellent thermal conductivity and vibration damping characteristics, which help ensure effective braking performance and durability. The material’s affordability and ease of casting complex shapes also make it a preferred choice for components like cylinder heads, manifolds, and suspension parts, contributing to both the performance and cost-effectiveness of modern vehicles.

Based on Product Type, the Global Cast Iron Market is Segmented into: Casting, Pipes, Fitting, Others. The Casting segment held the largest market in 2024, and the Pipes segment is the fastest growing segment during the forecast period.

Cast iron castings are components produced by pouring molten cast iron into molds where it solidifies into desired shapes. Known for their excellent strength, durability, and wear resistance, cast iron castings are widely used in industries such as automotive, construction, machinery, and plumbing. The material’s high carbon content gives it good compressive strength and makes it ideal for parts subjected to heavy loads and high temperatures. Additionally, cast iron’s ability to absorb vibrations and its excellent machinability make it a popular choice for engine blocks, pipes, valves, and various structural parts. The casting process allows for the creation of complex geometries and large-scale components efficiently and cost-effectively.

Based on Manufacturing Process, the Global Cast Iron Market is Segmented into:  Sand Casting, Permanent Mold Casting, Centrifugal Casting, Investment Casting, Others. The Sand-Casting segment held the largest market in 2024, and the Sand-Casting segment is the fastest growing segment during the forecast period.

Sand casting is a widely used manufacturing process for producing cast iron components by pouring molten metal into a sand mold. The process begins by creating a pattern, usually made of wood or metal, which is an exact replica of the final part. This pattern is placed in a molding box and packed with special foundry sand to form the mold cavity. After the pattern is removed, the cavity retains its shape in the sand. A gating system is then added to allow molten cast iron to flow into the mold. Once the metal is poured and solidified, the sand mold is broken apart to retrieve the casting. Sand casting is favored for its low cost, flexibility in design, and ability to produce complex shapes and large components, making it ideal for manufacturing cast iron parts like engine blocks, pipes, and machine bases.

Based on Grade, the Global Cast Iron Market is Segmented into: Gray Iron, Ductile Iron, Malleable Iron, White Iron, Others. The Gray Iron segment held the largest market in 2024 and Gray Iron segment during the forecast period.

Gray iron, also known as gray cast iron, is a widely used type of cast iron characterized by its gray-coloured fracture surface, which results from the presence of graphite flakes in its microstructure. These graphite flakes give gray iron excellent vibration damping properties and good machinability, making it a popular choice for components such as engine blocks, machine tool bases, and pipe fittings. Although it has relatively low tensile strength and ductility compared to other types of cast iron, its compressive strength is high, and it offers good wear resistance. The material is also relatively inexpensive to produce, which contributes to its widespread use in a variety of industrial and engineering applications.

Regional Analysis

Based on Region, the Global Cast Iron Market is Segmented into: North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Asia Pacific accounted for the largest market share in 2024 and is anticipated to reach USD 41.89 Billion by 2035. Asia Pacific is projected to grow at the highest CAGR of 5.871% during the forecast period.

The Asia Pacific cast iron sector is one of the fastest-growing and most dynamic markets globally, driven by rapid industrialization, urbanization, and expanding infrastructure projects across countries like China, India, Japan, and South Korea. This region benefits from a large and cost-competitive labor force, abundant raw material availability, and significant investments in modern foundry technologies. The sector caters to diverse industries, including automotive, construction, machinery, and energy, with a growing emphasis on improving product quality and adopting environmentally sustainable practices. While the market faces challenges such as regulatory pressures and fluctuating demand, the Asia Pacific cast iron industry continues to expand due to rising domestic consumption, export opportunities, and ongoing government support for manufacturing growth and technological innovation.

Key Findings of the Study

• The Global Cast Iron Market is expected to reach USD 179.28 Billion by 2035, at a CAGR of 5.655% during the forecast period.


• The Asia Pacific region accounted for the fastest growth in the global market.


• Based on By Application, the Automotive segment was attributed to holding the largest market in 2024.


• JS Auto Cast, American Cast Iron Pipe Company, Govind Steel Company Limited, Jianzhi, ELECTROSTEEL Castings Limited, Gf Piping Systems, MCWANE, Kubota Corporation, Teksid, Charlotte Pipe and Foundry, And Among Others are the key market players.