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Iron Casting in the UK - Market Research Report (2015-2030)

Martha Sofia Garcia Guerrero Martha Sofia Garcia Guerrero London, United Kingdom Last Updated: May 2025 SIC C24.510

Revenue

£580.4m

2025-26

£580.4m

Past 5-Year Growth

Profit

£XX.Xm

Employees

3,614

Businesses

74

Wages

£XXX.Xm

Iron Casting in the UK industry analysis

The Iron Casting industry's revenue is set to climb at a compound annual rate of 7.1% over the five years through 2025-26 to £580.4 million, including a forecast hike of 1.5% in 2025-26. The market for iron ore has been highly volatile, with supply chain disruptions at the height of the COVID-19 pandemic propelling the price of iron upwards, inflating casting companies' purchase costs and, to a lesser extent, revenue through passing on some increases. The price hikes across the iron casting industry have supported revenue growth despite weak manufacturing activity hitting cast iron sales.  

Trends and Insights

  • Construction activity shapes the iron casting market. Growing housebuilding activity and investment in water infrastructure bring about future growth opportunities for iron casters.
  • Construction and manufacturing trends shape the market. Weak construction activity and a lack of new infrastructure projects are dampening cast iron sales.
  • Iron casters favour the West Midlands. The region's position as a major automotive hub and its strong iron manufacturing presence provide easy access to suppliers and customers alike.
  • Competition is based on price, quality and efficiency. Iron manufacturers aim to reduce operational and purchase costs to gain price advantages, but ensuring timely delivery, product quality and eco-friendliness also helps to drive sales.

Access hundreds of data points and trends

  • Market estimates from 2015-2030
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
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Industry Statistics and Trends

Market size and recent performance (2015-2030)

Industry revenue has grown at a CAGR of 7.1 % over the past five years, to reach an estimated £580.4m in 2025.

Trends and Insights

Trade wars disrupt demand for iron castings

  • The EU is the main export market for British iron castings, followed by the US. Since Brexit, the UK has struggled with new trading barriers to reach the EU market, where many downstream markets significantly outweigh domestic demand (like machinery manufacturing). Recent changes in trade policies in both the EU and the US are creating uncertainty for iron casting companies reliant on export sales.
  • Additional trends and insights available with purchase
Iron Casting in the UK
Revenue (2015-2030)
IBISWorld Logo Source: IBISWorld

Industry outlook (2025-2030)

Market size is projected to grow over the next five years.

Trends and Insights

Re-shoring activity is set to benefit British iron casters

  • Global supply chain disruptions, most recently caused by the Red Sea Crisis, have highlighted the critical need for more resilient and flexible supply chains in the iron casting industry.

Biggest companies in the Iron Casting in the UK

Company
Market Share (%)
2026
Revenue (£m)
2026
Castings plc
241.2
Saint-Gobain Construction Products UK Ltd
100.1
EURAC Poole Ltd
55.5

To view the market share and analysis for all 5 top companies in this industry, view purchase options.

Products & Services Segmentation

Iron Casting in the UK
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Ductile iron castings , Grey iron castings and Malleable iron castings. Ductile iron castings is the largest segment of the Iron Casting in the UK.

Trends and Insights

Extensive downstream applications support sales of ductile iron casting

  • Ductile iron is a fairly flexible and elastic type of cast iron. It is much more impact – and fatigue-resistant than other varieties of cast iron, which are typically brittle.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

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

What's included in this industry?

Products and services covered in the Iron Casting industry in the United Kingdom include Ductile iron castings , Grey iron castings and Malleable iron castings.

Companies

Companies covered in the Iron Casting industry in the United Kingdom include Castings plc, Saint-Gobain Construction Products UK Ltd and EURAC Poole Ltd.

Purchase this report to view all 5 major companies in this industry.

Related Terms

Related terms covered in the Iron Casting industry in the United Kingdom include spheroidal graphite (sg) iron, cast iron, grey iron and ni-resist.

Industry Code

SIC 2007

SIC 24.51 - Iron Casting in the UK

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

Construction activity shapes the iron casting market. Growing housebuilding activity and investment in water infrastructure bring about future growth opportunities for iron c...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2015-2024) and forecast (2025-2030)
  • Employees, including historical (2015-2024) and forecast (2025-2030)
  • Businesses, including historical (2015-2024) and forecast (2025-2030)
  • Profit, including historical (2015-2025)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

Construction and manufacturing trends shape the market. Weak construction activity and a lack of new infrastructure projects are dampening cast iron sales.

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2025
  • Product innovation level

Charts

  • Products & services segmentation in 2025
  • Major market segmentation in 2025

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

Iron casters favour the West Midlands. The region's position as a major automotive hub and its strong iron manufacturing presence provide easy access to suppliers and custome...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2025

Tables

  • Number and share of establishments in each region in 2025
  • Number and share of revenue each region accounts for in 2025
  • Number and share of wages each region accounts for in 2025
  • Number and share of employees in each region in 2025

Detailed analysis

  • Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

Competition is based on price, quality and efficiency. Iron manufacturers aim to reduce operational and purchase costs to gain price advantages, but ensuring timely delivery,...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2020-2025
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

Castings plc shines as the UK's largest iron caster. The century-old giant maintains its position at the top of the market with a massive casting output and a heavy focus on ...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2021 through 2025
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2025
  • Overview of Castings plc's performance by revenue, market share and profit margin from 2019 through 2025
  • Overview of Saint-Gobain Construction Products UK Ltd's performance by revenue, market share and profit margin from 2019 through 2025
  • Overview of EURAC Poole Ltd's performance by revenue, market share and profit margin from 2019 through 2025
  • Overview of revenue, market share and profit margin trend for 2 additional companies

Detailed analysis

  • Description and key data for Castings plc, and factors influencing its performance in the industry
  • Description and key data for Saint-Gobain Construction Products UK Ltd, and factors influencing its performance in the industry
  • Description and key data for EURAC Poole Ltd, and factors influencing its performance in the industry
  • Description, key data and performance trends for 2 additional companies

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

Iron casters face stringent health, safety and environment regulations. Rules they have to follow cover product marketing standards, workplace conditions, emission controls a...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2015-2030) 
  • Assistance historical data and forecast (2015-2030) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

Iron casters' profitability inches up. Soaring energy costs spurred by the Russian invasion of Ukraine have slashed profit. However, cost efficiencies and falling utility and...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
  • Investment vs. share of economy

Data tables

  • Liquidity Ratios (2019-2023)
  • Coverage Ratios (2019-2023)
  • Leverage Ratios  (2019-2023)
  • Operating Ratios (2019-2023)
  • Assets (2019-2023)
  • Liabilities (2019-2023)
  • Cash Flow & Debt Service Ratios (2015-2030)
  • Revenue per Employee (2015-2030)
  • Revenue per Enterprise (2015-2030)
  • Employees per Establishment (2015-2030)
  • Employees per Enterprise (2015-2030)
  • Average Wage (2015-2030)
  • Wages/Revenue (2015-2030)
  • Establishments per Enterprise (2015-2030)
  • IVA/Revenue (2015-2030)
  • Imports/Demand (2015-2030)
  • Exports/Revenue (2015-2030)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2015-2030)
  • IVA (2015-2030)
  • Establishments (2015-2030)
  • Enterprises (2015-2030)
  • Employment (2015-2030)
  • Exports (2015-2030)
  • Imports (2015-2030)
  • Wages (2015-2030)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Iron Casting industry in the United Kingdom in 2025?

The market size of the Iron Casting industry in the United Kingdom is £580.4m in 2025.

How many businesses are there in the Iron Casting industry in the United Kingdom in 2025?

There are 74 businesses in the Iron Casting industry in the United Kingdom, which has declined at a CAGR of 3.8 % between 2020 and 2025.

How may import tariffs affect the Iron Casting industry in the United Kingdom?

The Iron Casting industry in the United Kingdom is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.

How may export tariffs affect the Iron Casting industry in the United Kingdom?

The Iron Casting industry in the United Kingdom is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.

Has the Iron Casting industry in the United Kingdom grown or declined over the past 5 years?

The market size of the Iron Casting industry in the United Kingdom has been growing at a CAGR of 7.1 % between 2020 and 2025.

What is the forecast growth of the Iron Casting industry in the United Kingdom over the next 5 years?

Over the next five years, the Iron Casting industry in the United Kingdom is expected to grow.

What are the biggest companies in the Iron Casting industry in the United Kingdom?

The biggest companies operating in the Iron Casting industry in the United Kingdom are Castings plc, Saint-Gobain Construction Products UK Ltd and EURAC Poole Ltd

What does the Iron Casting industry in the United Kingdom include?

Ductile iron castings and Grey iron castings are part of the Iron Casting industry in the United Kingdom.

Which companies have the highest market share in the Iron Casting industry in the United Kingdom?

The company holding the most market share in the Iron Casting industry in the United Kingdom is Castings plc.

How competitive is the Iron Casting industry in the United Kingdom?

The level of competition is moderate and increasing in the Iron Casting industry in the United Kingdom.

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Competitors

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Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in the UK include:

  • Office for National Statistics
  • Office for Budget Responsibility
  • Bank of England

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

Learn more about our methodology and data sourcing on the Help Center.