Global Iron Casting Market is estimated to grow 1.2x between 2021 and 2028 creating an absolute opportunity of more than USD 12.354 billion during the forecast period. The automotive industry supports nearly one-half of the share in the market, with the agriculture industry to escalate the market growth with a CAGR of 1.8% during the forecast period. The alloy cast iron is composed of iron, carbon, and silicon. It contains carbon in the range of 2.1 to 4.5 % and silicon at about 2.2%, as well as small amounts of manganese, phosphorus, and sulfur. Iron casting is one of the oldest methods of casting in existence. The cast iron is melted and poured into molds or casts to create parts of products of desired size and shape.
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