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Iron Casting in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Iron Casting Market Research Report | SIC C24.510 | Mar 2017

Imperfect cast: Growth in the current year is not enough to repair significant revenue contraction

IBISWorld’s Iron Casting market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Castings plc Castings plc market share
Chamberlin plc Chamberlin plc market share
EURAC Poole Ltd EURAC Poole Ltd market share
Saint-Gobain Construction Products UK Ltd Saint-Gobain Construction Products UK Ltd market share
Industry Statistics & Market Size
Revenue
£451m
Annual Growth 12-17
-7.1%
Annual Growth 17-22
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Profit
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Employment
3,981
Businesses
106
Industry Analysis & Industry Trends

Cast iron is used in a range of engineered products, including automotive parts, tools, construction and mining equipment and heating equipment. No official statistics are available on imports and exports of iron castings because the industry covers a production process rather than a product. As a result, although the industry is highly exposed to international trade, any international trade data tends to include these castings as constituents of products or parts that are included in other industries. The largest downstream market for iron castings in the United Kingdom is motor vehicle and automotive parts manufacturers, followed by construction, farming and mining machinery manufacturers... purchase to read more

Industry Report - Industry Investment Chapter

The Iron Casting industry has a low level of capital intensity. The average operator in the industry spends £12.26 on wages for every £1.00 they spend on capital. Manufacturers in this industry invest in equipment to produce particular components and to help reduce the number of hours it takes to produce a tonne of castings, consequently improving profit margins. Specialist pieces of equipment include foundry furnaces, moulding lines, CNC milling machines and testing equipment for high-integrity castings. There is relatively low use of volume production line methods, which limits capital intensity.

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Industry ProductsRelated ReportsTable of Contents

What is the Iron Casting Industry?

Companies in this industry operate iron foundries, which produce iron products through a process called casting. This involves pouring molten ferrous metals into moulds.

Industry Products
Ductile iron castings Grey iron castingsMalleable iron castings
 
Industry Activities
Semi-finished iron product castingGrey iron castingSpheroidal graphite iron castingMalleable cast-iron product castingManufacturing tubes, pipes and hollow profiles and tube or pipe fittings of cast iron


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