According to Cognitive Market Research, the global billet caster market size is USD 381.5 million in 2024 and will expand at a compound annual growth rate (CAGR) of 2.50% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 152.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 0.7% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 114.45 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 87.75 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031.
Latin America holds the market of more than 5% of the global revenue with a market size of USD 19.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.9% from 2024 to 2031.
Middle East and Africa held the market of around 2% of the global revenue with a market size of USD 7.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.
The R2.5M Billet Caster held the highest billet caster market revenue share in 2024.