Ductile Cast Iron Market (Updated Version Available)

The multinational Ductile Cast Iron market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Ductile iron, also known as ductile cast iron, nodular cast iron, spheroidal graphite iron, spheroidal graphite cast iron and SG iron, is a type of graphite-rich cast iron discovered in 1943 by Keith Millis. While most varieties of cast iron are weak in tension and brittle, ductile iron has much more impact and fatigue resistance, due to its nodular graphite inclusions.
Global market for Ductile Cast Iron is driven by growing manufacturing activity, particularly rising automobile parts production in developing markets. Growth in the market is driven by regional powerhouses, China and India, which continue to witness steady increases in outsourced manufacturing activity.
The leading companies own the advantages on better performance, more abundant product\'s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.

In the global Ductile Cast Iron market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.

In market segmentation by manufacturers, the report covers the following companies-
Waupaca Foundry
American Axle & Manufacturing (AAM)
Neenah Foundry
Metal Technologies, Inc.
Cifunsa
Wescast Industries(Bohong)
INTAT Precision
Chassix
Aarrowcast, Inc.
Cadillac Casting, Inc.
Rochester Metal Products
Goldens\'Foundry
Weichai
Georg Fischer
Dotson
Nelcast
Willman Industries
Gartland Foundry

In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In market segmentation by types :
Vertical Molding Ductile Iron
Horizontal Molding Ductile Cast Iron

In market segmentation by applications :
Machinery & Equipment
Automotive
Construction
Oil & Gas
Aerospace
Others

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Ductile Cast Iron market for the forecast period 2020 - 2025?
• What are the driving forces in the Ductile Cast Iron market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Ductile Cast Iron industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?