Global Demand Surges for Cast Iron Agricultural Machinery Components: Technology and Policy Drive Industry Expansion
Cast Iron Agricultural Machinery Castings
The global market for cast iron agricultural machinery castings is growing steadily, with China's 2024 market size exceeding CNY 70B (6.5M tons output) and projected to reach CNY 78-80B in 2025. Driven by agricultural modernization, policy support (e.g., Belt and Road), and tech innovation (ductile iron, smart workshops), demand focuses on high-performance components for tractors and harvesters. Industry consolidation will enhance efficiency, ensuring its key role in global farm mechanization.