Iron and Steel Casting Market Driven by Growth of Heavy Industries such as Construction, Mining, and Automotive to Reach
The global iron and steel casting market was valued at US$ 130 Bn in 2017 and is anticipated to expand at a CAGR of more than 4% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled u2018Iron and Steel Casting Market u2013 Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018u20132026.u2019 The iron and steel casting process involves production of any object of desired shape and size by pouring or injecting molten iron and steel into a mold. Such products are manufactured on a large scale for a wide range of sectors such as oil & gas, agriculture, automotive, power generation, industrial units, and manufacturing machinery.
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