Industry: Chemical & Material
Published Date: 2025-04-01
Pages: 175 Pages
Report ld: 4715117
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The global market for Continuous Casting Bar was estimated to be worth US$ 467 million in 2024 and is forecast to a readjusted size of US$ 646 million by 2031 with a CAGR of 4.5% during the forecast period 2025-2031.
The development of continuous casting technology can be traced back to the 1970s, and it has developed rapidly under the pressure of energy shortage. By the 1980s, continuous casting technology had become a mature technology and was widely used in the metallurgical industry. In the 1990s, continuous casting technology set off a new revolution, and many new continuous casting technologies were proposed and applied in actual production.
Continuous casting is an advanced casting method. Its principle is to continuously pour molten metal into a special metal mold called a crystallizer, and the solidified (or crusted) casting is continuously pulled out from the other end of the crystallizer to obtain castings of any length or specific length.
Continuous casting can be used for casting a variety of metal materials, such as iron, aluminum alloys, etc. At the same time, it is also suitable for the production of castings of various shapes, such as bars, plates, etc. Continuous casting bar, as one of the product forms, are used to manufacture various mechanical parts, structural parts, etc.
1. Global Continuous Casting Bar Market: Structural Growth and Diversified Competition
As an industrial basic material, the market demand for continuous casting bars is deeply tied to the prosperity of the manufacturing industry. The current market is dominated by gray iron bars (38.59%), ductile iron bars (28.42%), and alloy bars (26.83%), which together account for more than 94%, while cast steel bars (6.16%) have a lower share due to cost and process restrictions. This pattern reflects the differentiated demand for material properties in the downstream industry: gray iron bars are widely used in general scenarios due to their low cost and high castability; the high strength characteristics of ductile iron bars make them the first choice in the fields of automobiles, heavy machinery, etc.; alloy bars are irreplaceable in special working conditions (such as energy equipment and chemical pipelines) due to their high temperature resistance and corrosion resistance. It is worth noting that with the trend of lightweighting and energy conservation and emission reduction, the compound growth rate of the aluminum-based alloy bar market is expected to be significantly higher than the industry average.
From the application side, the automobile industry ranks first with a share of 28.44%, and its demand is concentrated in engine cylinders, transmission components and chassis structures. The proportion of heavy machinery (13.02%) and construction machinery (9.96%) is highly related to the global infrastructure investment cycle, and the acceleration of urbanization in emerging markets provides long-term support for these two major areas. In addition, the application expansion of new energy fields (such as wind power gearboxes and photovoltaic bracket connectors) may become a new growth point in the future.
2. Regional competition: European and American technical barriers vs. Asian cost advantages
The global market presents a four-pole competition pattern of Europe, the United States, China and Japan. European companies (such as United Cast Bar) have a monopoly in the field of high-end alloy bars with their century-old casting experience and patented technology. In the Asian camp, Japan's KOGI is known for its precision casting technology, and the rise of Chinese companies is particularly significant: Hengong Precision Equipment Co., Ltd, Jiangsu Hualong, etc. have achieved import substitution through the "scaled production + localized service" strategy.
3. Future challenges and opportunities
The current industry faces three challenges: 1) Fluctuations in raw material prices (over 60% of the cost of pig iron and scrap steel); 2) Stricter environmental protection policies force companies to upgrade arc furnace smelting and waste gas treatment systems; 3) Upgrading of digital demand (such as bar quality traceability based on MES system). Leading companies are building moats through vertical integration (self-built scrap steel recycling network), process innovation (electromagnetic stirring continuous casting technology to reduce segregation rate) and service extension (providing customized heat treatment solutions).
This report aims to provide a comprehensive presentation of the global market for Continuous Casting Bar, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Continuous Casting Bar by region & country, by Type, and by Application.
The potential shifts in the 2025 U.S. tariff framework pose substantial volatility risks to global markets. This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Continuous Casting Bar cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
The Continuous Casting Bar market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Continuous Casting Bar.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Continuous Casting Bar manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Continuous Casting Bar in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Continuous Casting Bar in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
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All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
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TABLE OF CONTENTS
1 Market Overview 1
1.1 Continuous Casting Bar Product Introduction 1
1.2 Global Continuous Casting Bar Market Size Forecast 2
1.2.1 Global Continuous Casting Bar Sales Value (2020-2031) 2
1.2.2 Global Continuous Casting Bar Sales Volume (2020-2031) 3
1.2.3 Global Continuous Casting Bar Sales Price (2020-2031) 4
1.3 Continuous Casting Bar Market Trends & Drivers 5
1.3.1 Continuous Casting Bar Industry Trends 5
1.3.2 Continuous Casting Bar Market Drivers & Opportunity 6
1.3.3 Continuous Casting Bar Market Challenges 7
1.3.4 Continuous Casting Bar Market Restraints 7
1.4 Assumptions and Limitations 8
1.5 Study Objectives 9
1.6 Years Considered 10
2 Competitive Analysis by Company 11
2.1 Global Continuous Casting Bar Players Revenue Ranking (2024) 11
2.2 Global Continuous Casting Bar Revenue by Company (2020-2025) 12
2.3 Global Continuous Casting Bar Players Sales Volume Ranking (2024) 13
2.4 Global Continuous Casting Bar Sales Volume by Company Players (2020-2025) 14
2.5 Global Continuous Casting Bar Average Price by Company (2020-2025) 16
2.6 Key Manufacturers Continuous Casting Bar Manufacturing Base and Headquarters 17
2.7 Key Manufacturers Continuous Casting Bar Product Offered 18
2.8 Establishment time of the main manufacturers of Continuous Casting Bar 19
2.9 Continuous Casting Bar Market Competitive Analysis 20
2.9.1 Continuous Casting Bar Market Concentration Rate (2020-2025) 20
2.9.2 Global 5 Largest Manufacturers by Continuous Casting Bar Revenue in 2024 21
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Continuous Casting Bar as of 2024) 21
3 Segmentation by Type 24
3.1 Introduction by Type 24
3.1.1 Gray Iron Bar 24
3.1.2 Ductile Iron Bar 24
3.1.3 Alloy Bar 25
3.1.4 Casting Steel Bar 25
3.2 Global Continuous Casting Bar Sales Value by Type 26
3.2.1 Global Continuous Casting Bar Sales Value by Type (2020 VS 2024 VS 2031) 27
3.2.2 Global Continuous Casting Bar Sales Value, by Type (2020-2031) 28
3.2.3 Global Continuous Casting Bar Sales Value, by Type (%) (2020-2031) 29
3.3 Global Continuous Casting Bar Sales Volume by Type 30
3.3.1 Global Continuous Casting Bar Sales Volume by Type (2020 VS 2024 VS 2031) 30
3.3.2 Global Continuous Casting Bar Sales Volume, by Type (2020-2031) 32
3.3.3 Global Continuous Casting Bar Sales Volume, by Type (%) (2020-2031) 32
3.4 Global Continuous Casting Bar Average Price by Type (2020-2031) 33
4 Segmentation by Application 35
4.1 Introduction by Application 35
4.1.1 Automotive 35
4.1.2 Casting Pipe & Pipe Fittings 36
4.1.3 ICE & Agricultural Machinery 36
4.1.4 Construction Machinery 37
4.1.5 Heavy Machinery 38
4.1.6 Machine Tools 39
4.1.7 Rail Transit 40
4.1.8 Others 41
4.2 Global Continuous Casting Bar Sales Value by Application 42
4.2.1 Global Continuous Casting Bar Sales Value by Application (2020 VS 2024 VS 2031) 42
4.2.2 Global Continuous Casting Bar Sales Value, by Application (2020-2031) 44
4.2.3 Global Continuous Casting Bar Sales Value, by Application (%) (2020-2031) 45
4.3 Global Continuous Casting Bar Sales Volume by Application 46
4.3.1 Global Continuous Casting Bar Sales Volume by Application (2020 VS 2024 VS 2031) 46
4.3.2 Global Continuous Casting Bar Sales Volume, by Application (2020-2031) 48
4.3.3 Global Continuous Casting Bar Sales Volume, by Application (%) (2020-2031) 49
4.4 Global Continuous Casting Bar Average Price by Application (2020-2031) 50
5 Segmentation by Region 52
5.1 Global Continuous Casting Bar Sales Value by Region 52
5.1.1 Global Continuous Casting Bar Sales Value by Region: 2020 VS 2024 VS 2031 52
5.1.2 Global Continuous Casting Bar Sales Value by Region (2020-2025) 52
5.1.3 Global Continuous Casting Bar Sales Value by Region (2026-2031) 53
5.1.4 Global Continuous Casting Bar Sales Value by Region (%), (2020-2031) 53
5.2 Global Continuous Casting Bar Sales Volume by Region 54
5.2.1 Global Continuous Casting Bar Sales Volume by Region: 2020 VS 2024 VS 2031 54
5.2.2 Global Continuous Casting Bar Sales Volume by Region (2020-2025) 55
5.2.3 Global Continuous Casting Bar Sales Volume by Region (2026-2031) 55
5.2.4 Global Continuous Casting Bar Sales Volume by Region (%), (2020-2031) 56
5.3 Global Continuous Casting Bar Average Price by Region (2020-2031) 57
5.4 North America 58
5.4.1 North America Continuous Casting Bar Sales Value, 2020-2031 58
5.4.2 North America Continuous Casting Bar Sales Value by Country (%), 2024 VS 2031 59
5.5 Europe 60
5.5.1 Europe Continuous Casting Bar Sales Value, 2020-2031 60
5.5.2 Europe Continuous Casting Bar Sales Value by Country (%), 2024 VS 2031 61
5.6 Asia Pacific 62
5.6.1 Asia Pacific Continuous Casting Bar Sales Value, 2020-2031 62
5.6.2 Asia Pacific Continuous Casting Bar Sales Value by Region (%), 2024 VS 2031 63
5.7 Latin America 64
5.7.1 Latin America Continuous Casting Bar Sales Value, 2020-2031 64
5.7.2 South America Continuous Casting Bar Sales Value by Country (%), 2024 VS 2031 65
5.8 Middle East & Africa 66
5.8.1 Middle East & Africa Continuous Casting Bar Sales Value, 2020-2031 66
5.8.2 Middle East & Africa Continuous Casting Bar Sales Value by Country (%), 2024 VS 2031 67
6 Segmentation by Key Countries/Regions 68
6.1 Key Countries/Regions Continuous Casting Bar Sales Value Growth Trends, 2020 VS 2024 VS 2031 68
6.2 Key Countries/Regions Continuous Casting Bar Sales Value and Sales Volume 69
6.2.1 Key Countries/Regions Continuous Casting Bar Sales Value, 2020-2031 69
6.2.2 Key Countries/Regions Continuous Casting Bar Sales Volume, 2020-2031 72
6.3 United States 75
6.3.1 United States Continuous Casting Bar Sales Value, 2020-2031 75
6.3.2 United States Continuous Casting Bar Sales Value by Type (%), 2024 VS 2031 76
6.3.3 United States Continuous Casting Bar Sales Value by Application, 2024 VS 2031 77
6.4 Europe 78
6.4.1 Europe Continuous Casting Bar Sales Value, 2020-2031 78
6.4.2 Europe Continuous Casting Bar Sales Value by Type (%), 2024 VS 2031 79
6.4.3 Europe Continuous Casting Bar Sales Value by Application, 2024 VS 2031 80
6.5 China 81
6.5.1 China Continuous Casting Bar Sales Value, 2020-2031 81
6.5.2 China Continuous Casting Bar Sales Value by Type (%), 2024 VS 2031 82
6.5.3 China Continuous Casting Bar Sales Value by Application, 2024 VS 2031 83
6.6 Japan 84
6.6.1 Japan Continuous Casting Bar Sales Value, 2020-2031 84
6.7 South Korea 85
6.7.1 South Korea Continuous Casting Bar Sales Value, 2020-2031 85
6.8 India 86
6.8.1 India Continuous Casting Bar Sales Value, 2020-2031 86
6.8.2 India Continuous Casting Bar Sales Value by Type (%), 2024 VS 2031 87
7 Company Profiles 88
7.1 United Cast Bar Group 88
7.1.1 United Cast Bar Group Company Information 88
7.1.2 United Cast Bar Group Introduction and Business Overview 89
7.1.3 United Cast Bar Group Continuous Casting Bar Sales, Revenue, Price and Gross Margin (2020-2025) 89
7.1.4 United Cast Bar Group Continuous Casting Bar Product Offerings 89
7.1.5 United Cast Bar Group Recent Development 91
7.2 Charter Dura-Bar 91
7.2.1 Charter Dura-Bar Company Information 91
7.2.2 Charter Dura-Bar Introduction and Business Overview 92
7.2.3 Charter Dura-Bar Continuous Casting Bar Sales, Revenue, Price and Gross Margin (2020-2025) 92
7.2.4 Charter Dura-Bar Continuous Casting Bar Product Offerings 93
7.2.5 Charter Dura-Bar Recent Development 96
7.3 Hengong Precision Equipment Co., Ltd 97
7.3.1 Hengong Precision Equipment Co., Ltd Company Information 97
7.3.2 Hengong Precision Equipment Co., Ltd Introduction and Business Overview 98
7.3.3 Hengong Precision Equipment Co., Ltd Continuous Casting Bar Sales, Revenue, Price and Gross Margin (2020-2025) 98
7.3.4 Hengong Precision Equipment Co., Ltd Continuous Casting Bar Product Offerings 98
7.3.5 Hengong Precision Equipment Co., Ltd Recent Development 102
7.4 KOGI Corporation 103
7.4.1 KOGI Corporation Company Information 103
7.4.2 KOGI Corporation Introduction and Business Overview 103
7.4.3 KOGI Corporation Continuous Casting Bar Sales, Revenue, Price and Gross Margin (2020-2025) 104
7.4.4 KOGI Corporation Continuous Casting Bar Product Offerings 104
7.5 Jiangsu Hualong 106
7.5.1 Jiangsu Hualong Company Information 106
7.5.2 Jiangsu Hualong Introduction and Business Overview 106
7.5.3 Jiangsu Hualong Continuous Casting Bar Sales, Revenue, Price and Gross Margin (2020-2025) 107
7.5.4 Jiangsu Hualong Continuous Casting Bar Product Offerings 107
7.5.5 Jiangsu Hualong Recent Development 109
7.6 ACO Guss GmbH 109
7.6.1 ACO Guss GmbH Company Information 110
7.6.2 ACO Guss GmbH Introduction and Business Overview 110
7.6.3 ACO Guss GmbH Continuous Casting Bar Sales, Revenue, Price and Gross Margin (2020-2025) 111
7.6.4 ACO Guss GmbH Continuous Casting Bar Product Offerings 111
7.7 Tasso A/S 113
7.7.1 Tasso A/S Company Information 113
7.7.2 Tasso A/S Introduction and Business Overview 114
7.7.3 Tasso A/S Continuous Casting Bar Sales, Revenue, Price and Gross Margin (2020-2025) 114
7.7.4 Tasso A/S Continuous Casting Bar Product Offerings 114
7.7.5 Tasso A/S Recent Development 116
7.8 Tupy 117
7.8.1 Tupy Company Information 117
7.8.2 Tupy Introduction and Business Overview 118
7.8.3 Tupy Continuous Casting Bar Sales, Revenue, Price and Gross Margin (2020-2025) 118
7.8.4 Tupy Continuous Casting Bar Product Offerings 118
7.9 Wuan Qichang Foundry 120
7.9.1 Wuan Qichang Foundry Company Information 120
7.9.2 Wuan Qichang Foundry Introduction and Business Overview 120
7.9.3 Wuan Qichang Foundry Continuous Casting Bar Sales, Revenue, Price and Gross Margin (2020-2025) 121
7.9.4 Wuan Qichang Foundry Continuous Casting Bar Product Offerings 121
7.10 Henan Guotai Profile Technology 123
7.10.1 Henan Guotai Profile Technology Company Information 123
7.10.2 Henan Guotai Profile Technology Introduction and Business Overview 123
7.10.3 Henan Guotai Profile Technology Continuous Casting Bar Sales, Revenue, Price and Gross Margin (2020-2025) 124
7.10.4 Henan Guotai Profile Technology Continuous Casting Bar Product Offerings 124
7.11 HANS Materials Inc 126
7.11.1 HANS Materials Inc Company Information 126
7.11.2 HANS Materials Inc Introduction and Business Overview 126
7.11.3 HANS Materials Inc Continuous Casting Bar Sales, Revenue, Price and Gross Margin (2020-2025) 127
7.11.4 HANS Materials Inc Continuous Casting Bar Product Offerings 127
7.12 Resonac 130
7.12.1 Resonac Company Information 130
7.12.2 Resonac Introduction and Business Overview 130
7.12.3 Resonac Continuous Casting Bar Sales, Revenue, Price and Gross Margin (2020-2025) 131
7.12.4 Resonac Continuous Casting Bar Product Offerings 131
7.13 Contifonte SAS 132
7.13.1 Contifonte SAS Company Information 132
7.13.2 Contifonte SAS Introduction and Business Overview 133
7.13.3 Contifonte SAS Continuous Casting Bar Sales, Revenue, Price and Gross Margin (2020-2025) 133
7.13.4 Contifonte SAS Continuous Casting Bar Product Offerings 133
7.14 NIPPON CHUZO 135
7.14.1 NIPPON CHUZO Company Information 135
7.14.2 NIPPON CHUZO Introduction and Business Overview 136
7.14.3 NIPPON CHUZO Continuous Casting Bar Sales, Revenue, Price and Gross Margin (2020-2025) 136
7.14.4 NIPPON CHUZO Continuous Casting Bar Product Offerings 137
7.14.5 NIPPON CHUZO Recent Development 138
7.15 Kormax 138
7.15.1 Kormax Company Information 139
7.15.2 Kormax Introduction and Business Overview 139
7.15.3 Kormax Continuous Casting Bar Sales, Revenue, Price and Gross Margin (2020-2025) 140
7.15.4 Kormax Continuous Casting Bar Product Offerings 140
8 Industry Chain Analysis 142
8.1 Continuous Casting Bar Industrial Chain 142
8.2 Continuous Casting Bar Upstream Analysis 142
8.2.1 Key Raw Materials 142
8.2.2 Raw Materials Key Suppliers 143
8.2.3 Manufacturing Cost Structure 144
8.3 Midstream Analysis 144
8.4 Downstream Analysis (Customers Analysis) 145
8.5 Sales Model and Sales Channels 146
8.5.1 Continuous Casting Bar Sales Model 146
8.5.2 Sales Channel 146
8.5.3 Continuous Casting Bar Distributors 147
9 Research Findings and Conclusion 148
10 Appendix 149
10.1 Research Methodology 149
10.1.1 Methodology/Research Approach 149
10.1.2 Data Source 152
10.2 Author Details 155
10.3 Disclaimer 156
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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