Report Overview:
Automotive Ductile Iron Castings refer to a specialized subset of metal castings used extensively in the automobile industry, created from ductile iron—a type of cast iron that includes nodular graphite inclusions. This microstructure grants ductile iron enhanced strength, impact resistance, and flexibility over traditional cast iron. Also known as SG iron (spheroidal graphite iron), this material offers an optimal combination of durability and machinability, making it ideal for automotive components subject to mechanical stress and vibration.
Automotive Ductile Iron Castings are primarily used in three major areas within vehicles: engine components, gears and bushings, and systems associated with suspension, braking, and steering. These castings are crucial to vehicle performance, efficiency, and safety, supporting applications in both passenger cars and commercial vehicles.
Market Value:
Global Automotive Ductile Iron Castings market was estimated at USD 14,280 million in 2024 and is forecasted to reach USD 19,462.17 million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 3.50% over the forecast period.
In North America, the market stood at USD 3,947.57 million in 2024, with a projected CAGR of 3.00% from 2025 to 2032.
CAGR of 3.50% (2024 – 2032)
By Applications:
Passenger Car
Commercial Vehicle
Heavy Trucks
Others
By Types:
• Vertical Molding Ductile Cast Iron
• Horizontal Molding Ductile Cast Iron
Key players include:
• Hitachi Metals
• Grede Casting
• Neenah Foundry
• Metal Technologies Inc.
• Cifunsa
• Wescast Industries (Bohong)
• INTAT Precision
• Chassix
