Global Continuous Casting Machines
Market Report
2025
The Global market for Continuous Casting Machines will grow at a CAGR of 5.90% from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global market for Continuous Casting Machines will grow at a CAGR of 5.90% from 2023 to 2030.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Continuous Casting Machines Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 5.9% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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Market Split by Technology |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Continuous Casting Machines Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
An infinite solid strand can be created by continually hardening the liquid steel as it passes through a continuous casting machine. It is a modern steel plant's primary process pathway connecting hot rolling and steelmaking. These benefits are the primary factors fuelling an increase in demand for die-casting equipment, particularly on the global market. Additionally, the demand for complex-shaped goods in the automotive industry is expected to expand significantly throughout the forecast period, creating significant growth prospects for the die-casting machines market.
These advancements enable companies to provide more customized products and services, which fuels the expansion of the continuous casting machines market.
The demand for casting equipment is rising due to the rising demand for lightweight metals used in many industries, particularly the automotive sector, to manufacture cars. Additionally, an increase in production across all economic sectors helps sell casting equipment globally. These are the main driving forces anticipated to drive the casting equipment market during the forecast period. During the projected period, the market is also anticipated to benefit from expansion in the 3C industry and advancements in renewable energy production.
An estimated 5.8 crores would be spent by the Tamil Nadu Small Industries Development Corporation (Tansidco) to develop a common facility Centre (CFC) for high-pressure aluminum die casting.
CAD programs that optimize casting design have opened up new opportunities in the global market for casting equipment. The adoption of CAD files to direct additive manufacturing programs, such as in 3D-printing bonded sand into perfectly crafted molds and cores, is one novel opportunity in the current cycle of casting equipment technology. These developments support the redesign of castings (or fabrications, or other assemblies) as cast structural parts that are lighter and more functionally effective. A customized machine's design can be completed more quickly to take advantage of its market niche by keeping up with these trends.
The high-pressure die casting (HPDC) Italpresse TF5700 machine was installed by Nantong JiangzhongPhotoelectricity Co. Ltd. at the business' headquarters in Jiangsu province, China. In order for the device and Jiangzhong's purchase to work together effortlessly, Jiangzhong also bought a Westomat 3100 from StrikoWestofen.
(Source:www.noricangroup.com/es-es/new-at-norican/norican-news/tf5700-official-launch-online)
Production of materials employing casting equipment is likely to result in quality flaws. Additionally, there are internal defect risks that must be identified and minimized throughout the casting design process using metal flow. These internal defect risks are brought on by gas pockets that form during the mold-filling process. The expansion of the market for casting equipment is constrained by these considerations. The high start-up and operating expenses of die-casting machines, however, restrict their use to mass manufacturing. Over the anticipated period, this is anticipated to restrain the market's expansion for die-casting machines.
All industries were severely impacted by the COVID-19 epidemic, which also caused most businesses to lose money and slowed economic growth. To compete in the market, businesses prioritize maximizing earnings, minimizing risk, and reducing operating expenses. Some industries benefited from COVID-19's quick spread from China to the rest of the globe, but most others suffered. The market's growth is being hampered by an increasing number of COVID-19 cases worldwide that are causing roadblocks and commercial disruptions. The decline in demand for aluminum from numerous industries is the main issue impeding market growth during the current pandemic crisis.
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To grow their customer base, businesses are developing and innovating new products. To increase their market revenue globally, important corporations are also implementing the merger and acquisition strategy.
February 2022: Cast Corporation Foundry in Minnesota was purchased by the Metal7 Inc. branch of the M7 Group, a Quebec-based company. This acquisition is projected to aid Metal7 Inc. in developing high-value mining industry products and services, boosting productivity, and lowering environmental impact.
May 2020: A joint venture in China and international cooperation for bulk packaging are two aspects of the strategic alliance that Bühler Group and Premier Tech have announced. Through the PTBühler joint venture in China or directly through Premier Tech's facilities, the partnership is planned to provide Buehler access to Premier Tech's bagging and pelleting technology in Canada.
Top Companies Market Share in Continuous Casting Machines Industry: (In no particular order of Rank)
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The largest proportion of this market is held by the iron-casting industry in North America. It is projected that market expansion in the upcoming years will be driven by rising investments in the railway sector for economic development in various nations. Iron castings are employed in the creation of components for railroads & their infrastructure due to their high strength and low wear properties. As a result, it is predicted that increased investment in the railway industry will fuel product demand over the forecast period. Due to the abundance of end-use industries, the U.S. is a large market for iron castings. Large-scale auto plants, producers of machinery and tools, and the rising need for pipes and fittings as a result of the development of the petrochemical industry and infrastructural upgrades are driving product demand in the nation. Growing investments in building new water and sewage treatment facilities are also projected to boost market growth in the upcoming years.
Due to the availability of large-scale steelmaking facilities that use continuous casting machines to produce different types and grades of crude steel, the Asia Pacific region has experienced substantial expansion in recent years. Other goods, such as aluminum, magnesium, etc., are also produced using continuous casting machines utilizing unique alloys made just for these uses. Due to increasing end-use industry demand and developing economies across the Asia Pacific area during the anticipated timeframe, the market for continuous casting machines is anticipated to be driven by their application in sectors like oil & gas, automotive, construction, etc.
The current report Scope analyzes Continuous Casting Machines Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Continuous Casting Machines Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Continuous Casting Machines Industry growth. Continuous Casting Machines market has been segmented with the help of its Type, Application Technology , and others. Continuous Casting Machines market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The sector for horizontal casting machines maintained the biggest share in this market category. Products made from iron and steel are cast using horizontal casting equipment. Precision metal pieces can be produced in huge quantities by horizontal casting machines. The metal is discharged in a continuous stream from one end of the die due to the horizontal movement of the die and is subsequently captured by a number of rollers or detectors for additional processing.
The fastest-growing industry in this market is zertical casting machines. Steel beams, sections, and plates are produced using zertical casting equipment. A smaller number of castings can be used by these machines to create steel products of a high standard. These machines generate a product that is stronger and more affordable than one made using traditional casting methods.
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The highest market share belonged to the steelmaking plant sector. The process of casting is used to create final items and components made of steel and iron. The metal is molten, and it is shaped using moulds. It is possible to do away with the need for additional assembly and fabrication by using casting, which offers remarkable potential for design specifics and customisation. Steel and iron, though they can be cast from a variety of materials, including numerous synthetics and metals, offer good mechanical qualities for a variety of purposes. The market share for iron & steel casting will increase as the global building and infrastructure sector develops.
In this segment, the metal foundry plant industry is expanding at the fastest rate. Modern metal casting has historical roots. In the process of metal casting, metal shapes are made by pouring molten metal into a cavity of a mould, allowing it to cool, and then removing it from the mould. The oldest and most important industrial process in human history is probably metal casting. Many of the metal items we use every day are made with it, including school bus pedals, railway wheels, automobile parts, and many more. Additionally, metal recycling is a cost-effective source of raw materials for metal casting foundries, which considerably lowers the amount of discarded metal that may otherwise wind up in landfills.
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Continuous Casting Machines Market is witnessing significant growth in the near future.
In 2023, the Horizontal Casting Machines segment accounted for noticeable share of global Continuous Casting Machines Market and is projected to experience significant growth in the near future.
The SteelMaking Plant segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies UniShape , Sama and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Horizontal Casting Machines, Vertical Casting Machines |
Application | SteelMaking Plant, Metal Foundry Plant, Others |
Technology | Automated, Semi-automated |
List of Competitors | UniShape, IKOI Srl, Sama, Jay Concast Corporation, Megatherm, Uralmash, Schultheiss, Danieli, Hazelett Corporation, Stoker Concast, ENCE GmbH, Voestalpine AG, Part of Hormesa Group, Bright Engineering |
This chapter will help you gain GLOBAL Market Analysis of Continuous Casting Machines. Further deep in this chapter, you will be able to review Global Continuous Casting Machines Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Continuous Casting Machines. Further deep in this chapter, you will be able to review North America Continuous Casting Machines Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Continuous Casting Machines. Further deep in this chapter, you will be able to review Europe Continuous Casting Machines Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Continuous Casting Machines. Further deep in this chapter, you will be able to review Asia Pacific Continuous Casting Machines Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Continuous Casting Machines. Further deep in this chapter, you will be able to review South America Continuous Casting Machines Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Continuous Casting Machines. Further deep in this chapter, you will be able to review Middle East Continuous Casting Machines Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Continuous Casting Machines. Further deep in this chapter, you will be able to review Middle East Continuous Casting Machines Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Continuous Casting Machines. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Technology Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Continuous Casting Machines market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Horizontal Casting Machines have a significant impact on Continuous Casting Machines market? |
What are the key factors affecting the Horizontal Casting Machines and Vertical Casting Machines of Continuous Casting Machines Market? |
What is the CAGR/Growth Rate of SteelMaking Plant during the forecast period? |
By type, which segment accounted for largest share of the global Continuous Casting Machines Market? |
Which region is expected to dominate the global Continuous Casting Machines Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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