Metal Forging Market This report offers a comprehensive analysis of the global Metal Forging market, covering the period from 2017 to 2022, along with projections for 2023 to 2032. It examines key applications (Automotive, Defense and Aerospace, Shipbuilding, Power Industry, Oil and Gas, Construction Machinery, Agriculture, Others), product types (Carbon Steel, Alloy Steel, Aluminum, Magnesium, Stainless Steel, Titanium, Others), and regional trends, providing valuable insights for professionals, vendors, and stakeholders. The Metal Forging market is poised for substantial growth, driven by a strong compound annual growth rate (CAGR) through 2032. Featuring essential data, trends, charts, and competitive analysis, this report is an essential tool for strategic decision-making. With a detailed table of contents, it serves as the perfect resource for staying ahead in the evolving Metal Forging market.

Who is the largest manufacturers of Metal Forging Market worldwide?

  • Precision Castparts Corp. (Berkshire Hathaway)
  • Howmet Aerospace Inc.
  • Allegheny Technologies Incorporated (ATI)
  • Thyssenkrupp
  • Nippon Steel
  • VSMPO-AVISMA
  • KOBELCO
  • Aichi Steel
  • Aubert & Duval (Eramet)
  • Bharat Forge
  • American Axle and Manufacturing (AAM)
  • AVIC Heavy Machinery
  • Wanxiang Qianchao
  • FAW
  • FRISA
  • Farinia Group
  • Longcheng Precision Forging
  • Pacific Precision Forging
  • Jinma Industrial Group
  • Mahindra Forgings Europe
  • Jinan Sinotruck Co.
  • CITIC Heavy Industries
  • Dongfeng Forging
  • Acerinox S.A.
  • Jiangyin Hengrun Heavy Industries
  • Tongyu Heavy Industry
  • Wuxi Paike New Material Technology
  • Scot Forge Company
  • Xi’an Triangle Defence Incorporated Company
  • Brück GmbH

    • Short Description About Metal Forging Market:

    The Global Metal Forging market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2031. In 2022, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

    Forging is a manufacturing process involving the shaping of a metal through hammering, pressing, or rolling.

    Market Analysis and Insights: Global and United States Metal Forging Market

    This report focuses on global and United States Metal Forging market, also covers the segmentation data of other regions in regional level and county level.

    Due to the COVID-19 pandemic, the global Metal Forging market size is estimated to be worth USD 76110 million in 2022 and is forecast to a readjusted size of USD 105540 million by 2028 with a CAGR of 5.6Percent during the review period. Fully considering the economic change by this health crisis, by Type, Carbon Steel accounting for Percent of the Metal Forging global market in 2021, is projected to value USD million by 2028, growing at a revised Percent CAGR in the post-COVID-19 period. While by Application, Automotive was the leading segment, accounting for over percent market share in 2021, and altered to an Percent CAGR throughout this forecast period.

    Global Metal Forging key players include Precision Castparts Corp., Howmet Aerospace Inc., Nippon Steel, Thyssenkrupp, KOBELCO, etc. Global top five manufacturers hold a share over 13Percent.

    Asia-Pacific is the largest market, with a share over 61Percent, followed by Europe, and North America, both have a share over 31Percent.

    In terms of product, Carbon Steel is the largest segment, with a share about 50Percent. And in terms of application, the largest application is Automotive, followed by Defense & Aerospace, etc.

    Global Metal Forging Scope and Market Size

    Metal Forging market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Metal Forging market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.

    For United States market, this report focuses on the Metal Forging market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.

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    What are the factors driving the growth of the Metal Forging Market?

    Growing demand for below applications around the world has had a direct impact on the growth of the Metal Forging

  • Automotive
  • Defense and Aerospace
  • Shipbuilding
  • Power Industry
  • Oil and Gas
  • Construction Machinery
  • Agriculture
  • Others

    • What are the types of Metal Forging available in the Market?

    Based on Product Types the Market is categorized into Below types that held the largest Metal Forging market share In 2023.

  • Carbon Steel
  • Alloy Steel
  • Aluminum
  • Magnesium
  • Stainless Steel
  • Titanium
  • Others

    • Which regions are leading the Metal Forging Market?

    • North America (United States, Canada and Mexico)
    • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
    • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
    • South America (Brazil, Argentina, Columbia etc.)
    • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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    This Metal Forging Market Research/Analysis Report Contains Answers to your following Questions

    • What are the global trends in the Metal Forging market? Would the market witness an increase or decline in the demand in the coming years?
    • What is the estimated demand for different types of products in Metal Forging? What are the upcoming industry applications and trends for Metal Forging market?
    • What Are Projections of Global Metal Forging Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
    • Where will the strategic developments take the industry in the mid to long-term?
    • What are the factors contributing to the final price of Metal Forging? What are the raw materials used for Metal Forging manufacturing?
    • How big is the opportunity for the Metal Forging market? How will the increasing adoption of Metal Forging for mining impact the growth rate of the overall market?
    • How much is the global Metal Forging market worth? What was the value of the market In 2020?
    • Who are the major players operating in the Metal Forging market? Which companies are the front runners?
    • Which are the recent industry trends that can be implemented to generate additional revenue streams?
    • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Metal Forging Industry?

    Metal Forging Market – Covid-19 Impact and Recovery Analysis:

    We were monitoring the direct impact of covid-19 in this market, further to the indirect impact from different industries. This document analyzes the effect of the pandemic on the Metal Forging market from a international and nearby angle. The document outlines the marketplace size, marketplace traits, and market increase for Metal Forging industry, categorised with the aid of using kind, utility, and patron sector. Further, it provides a complete evaluation of additives concerned in marketplace improvement in advance than and after the covid-19 pandemic. Report moreover done a pestel evaluation within the business enterprise to study key influencers and boundaries to entry.

    Our studies analysts will assist you to get custom designed info to your report, which may be changed in phrases of a particular region, utility or any statistical info. In addition, we’re constantly inclined to conform with the study, which triangulated together along with your very own statistics to make the marketplace studies extra complete for your perspective.

    Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Metal Forging Industry.

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    Detailed TOC of Global Metal Forging Market Research Report, 2023-2030

    1 Market Overview
    1.1 Product Overview and Scope of Metal Forging
    1.2 Classification of Metal Forging by Type
    1.2.1 Overview: Global Metal Forging Market Size by Type: 2017 Versus 2021 Versus 2030
    1.2.2 Global Metal Forging Revenue Market Share by Type in 2021
    1.3 Global Metal Forging Market by Application
    1.3.1 Overview: Global Metal Forging Market Size by Application: 2017 Versus 2021 Versus 2030
    1.4 Global Metal Forging Market Size and Forecast
    1.5 Global Metal Forging Market Size and Forecast by Region
    1.6 Market Drivers, Restraints and Trends
    1.6.1 Metal Forging Market Drivers
    1.6.2 Metal Forging Market Restraints
    1.6.3 Metal Forging Trends Analysis

    2 Company Profiles
    2.1 Company
    2.1.1 Company Details
    2.1.2 Company Major Business
    2.1.3 Company Metal Forging Product and Solutions
    2.1.4 Company Metal Forging Revenue, Gross Margin and Market Share (2019, 2020, 2021 and 2023)
    2.1.5 Company Recent Developments and Future Plans

    3 Market Competition, by Players
    3.1 Global Metal Forging Revenue and Share by Players (2019,2020,2021, and 2023)
    3.2 Market Concentration Rate
    3.2.1 Top3 Metal Forging Players Market Share in 2021
    3.2.2 Top 10 Metal Forging Players Market Share in 2021
    3.2.3 Market Competition Trend
    3.3 Metal Forging Players Head Office, Products and Services Provided
    3.4 Metal Forging Mergers and Acquisitions
    3.5 Metal Forging New Entrants and Expansion Plans

    4 Market Size Segment by Type
    4.1 Global Metal Forging Revenue and Market Share by Type (2017-2023)
    4.2 Global Metal Forging Market Forecast by Type (2023-2030)

    5 Market Size Segment by Application
    5.1 Global Metal Forging Revenue Market Share by Application (2017-2023)
    5.2 Global Metal Forging Market Forecast by Application (2023-2030)

    6 Regions by Country, by Type, and by Application
    6.1 Metal Forging Revenue by Type (2017-2030)
    6.2 Metal Forging Revenue by Application (2017-2030)
    6.3 Metal Forging Market Size by Country
    6.3.1 Metal Forging Revenue by Country (2017-2030)
    6.3.2 United States Metal Forging Market Size and Forecast (2017-2030)
    6.3.3 Canada Metal Forging Market Size and Forecast (2017-2030)
    6.3.4 Mexico Metal Forging Market Size and Forecast (2017-2030)

    7 Research Findings and Conclusion

    8 Appendix
    8.1 Methodology
    8.2 Research Process and Data Source
    8.3 Disclaimer

    9 Research Methodology

    10 Conclusion

    Continued….

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