Iron and Steel Casting in Australia - Market Research Report

Iron and Steel Casting industry trends (2014-2019)

poll Average industry growth 2014–2019: -7.3%

The Iron and Steel Casting industry has performed poorly over the past five years. Industry revenue is expected to decline at an annualised 7.3% over the five years through 2018-19, to $1.5 billion. This includes an anticipated decline of 1.4% in 2018-19. The exit of GM Holden, Toyota and Ford over the past five years has had a significant impact on industry revenue over the period. The industry's exposure to international trade is typically limited due to the low value-to-weight ratio of industry products, which makes them costly to transport over long distances. Despite this, demand for high-quality Australian produced cast iron and steel products, and a weak Australian dollar, have resulted in significant increases in industry exports over the per...
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Iron and Steel Casting industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Iron and Steel Casting industry's revenue is projected to modestly increase over the next five years, rising from a low base following significant revenue declines over the past five years. Industry revenue is forecast to rise at an annualised X.X% over the five years through XXX-XX, to $X.X billion. Demand from the Construction division is anticipated to moderately increase over the next five years, as demand from residential building construction rises. However, demand from construction firms will likely be slightly constrained due to the forecast marginal increase in long-term interest rates over the next five years, which may dampen investments. Miners are anticipated to require replacement cast iron and steel parts, which will likely provide...
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Iron and Steel Casting industry statistics

  • attach_money Market Size: $2bn
  • business Number of Businesses: 221
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 3,339

Biggest companies in the Iron and Steel Casting industry

The Iron and Steel Casting in Australia industry has no companies with major market shares. Get the full report to find out why.

What is Iron and Steel Casting industry?

Industry Definition

Industry firms primarily produce iron and steel products through a process called casting, which involves pouring molten ferrous metals into moulds. Industry products are then consumed as intermediate inputs by a range of user industries.

Industry Products and Services

  • Sand casting
  • Shell-mould casting
  • Investment casting
  • Other casting methods
  • All Others

Industry Activities

  • Cast iron product manufacturing
  • Cast steel product manufacturing
  • Moulded iron pipe and tube manufacturing
  • Pipe fitting manufacturing
  • Valve manufacturing
  • Other ferrous metal castings

Market research report - table of contents

Industry Definition

Industry firms primarily produce iron and steel products through a process called casting, which involves pouring molten ferrous metals into moulds. Industry products are then consumed as intermediate inputs by a range of user industries.

Main Activities

  • Cast iron product manufacturing
  • Cast steel product manufacturing
  • Moulded iron pipe and tube manufacturing
  • Pipe fitting manufacturing
  • Valve manufacturing
  • Other ferrous metal castings

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

The Construction division uses a range of industry products as intermediate inputs in production. Casting is used due to its flexibility in producing cust...
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Demand from construction
Demand from manufacturing
Domestic price of iron and steel
Trade-weighted index

Current Performance

Profitability
 Chart: Revenue Growth

Industry Outlook

Industry profitability
 Table: Iron and Steel Casting in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Iron and Steel Casting in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Motor Vehicle Parts and Accessories Manufacturing in Australia
Railway Equipment Manufacturing and Repair in Australia
Mining and Construction Machinery Manufacturing in Australia
Sewerage and Drainage Services in Australia



Key Selling Industries

Iron Smelting and Steel Manufacturing in Australia
Machine Tool and Parts Manufacturing in Australia
Industrial Machinery Manufacturing in Australia
Electricity Distribution in Australia



Products & Services

The Iron and Steel Casting industry manufactures a range of products through the process of molten metal casting. Casting is the process of pouring molten...
Mining firms
Construction firms
Automotive and transport manufacturers



Demand Determinants

The primary factor affecting industry demand is activity in downstream markets. Changes in steel and iron prices influence demand, as they affect input co...
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Major Markets

Mining firms
Construction firms
Automotive and transport manufacturers




 Chart: Major Market Segmentation for the Iron and Steel Casting in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Iron and Steel Casting industry is characterised by low market share concentration. The four largest industry players are expected to account for less...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Iron and Steel Casting in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Iron and Steel Casting in Australia - Market Research Report Industry

Industry Globalization

The Iron and Steel Casting in Australia industry has no major companies. Get the full report to find out why.

Capital Intensity

The Iron and Steel Casting industry is characterised by moderate capital intensity. For every dollar spent on labour, an estimated $0.16 is spent on capit...
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 Chart: Level of Capital Intensity for the Iron and Steel Casting in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Iron and Steel Casting in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Iron and Steel Casting industry?

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  • Inform your decisions for marketing, strategy and planning
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This report on Iron and Steel Casting in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Iron and Steel Casting in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Iron and Steel Casting in Australia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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