In 2023, the sold production of grey iron castings for transmission components in the UK was approximately 957.29 thousand kilograms. Forecasts indicate a slight decline year-on-year: 3.96% in 2024, 3.96% in 2025, 3.87% in 2026, and 4.2% in 2027. The compound annual growth rate (CAGR) over the five-year period is projected at -4.08%, reflecting a gradual decline in production.
Future trends to watch include innovations in lightweight materials, shifts in automotive industry demands, and environmental regulations, potentially altering grey iron production in the UK.
