The global metal forging market reached a value of nearly USD 80 billion in 2019. The metal forging market is further projected to grow at a CAGR of 8% between 2020 and 2025. One of the key growth drivers for boosting the product demand is the aerospace industry. The increasing aircraft production, along with the increasing passenger traffic, is expected to support the industry growth in the forecast period.
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Properties and Applications
Forging is a process of manufacturing using localised compression forces to shape metal. Forging is often classified by the temperature at which it takes place: cold forging, warm forging, or hot forging.
The global metal forging market can be divided based on segments like metal and application.
The industry can be divided based on its metal like carbon steel, alloy steel, aluminium, magnesium, stainless steel, and titanium, among others.
The industry can be broadly categorised based on its applications into:
The EMR report looks into the regional metal forging markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
The global metal forging market is driven by its growing global demand in the aerospace industry. Over the forecast period, the Asia Pacific is expected to account for more than 52% of the new passenger surge. This is projected to drive the demand for the production of aircraft and in turn, boost the demand for metal forging. Factors like the adoption of new materials, including high-performance and special alloys and R&D for new production methods, are expected to boost the industry’s growth. The growing construction industry is a significant factor driving the demand for construction equipment, thus fuelling the use of forged metal.
The report presents a detailed analysis of the following key players in the global metal forging market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the metal forging market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Questions Answered in the Market Report:
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.5 Market Models
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Metal Forging Market Analysis
6.1 Global Metal Forging Market (2015-2019) & Forecast (2020-2025)
6.2 Global Metal Forging Market Breakup by Metal
6.2.1 Carbon Steel
6.2.2 Alloy steel
6.2.5 Stainless steel
6.3 Global Metal Forging Market Breakup by Metal: Historical Market (2015-2019) & Forecast (2020-2025)
6.3.1 Carbon Steel
6.3.2 Alloy steel
6.3.5 Stainless steel
6.4 Global Metal Forging Market Breakup by Application
6.4.3 Oil & Gas
6.5 Global Metal Forging Market Breakup by Application: Historical Market (2015-2019) & Forecast (2020-2025)
6.5.3 Oil & Gas
6.6 Global Metal Forging Market by Region
6.6.1 North America
184.108.40.206 United States of America
220.127.116.11 United Kingdom
6.6.3 Asia Pacific
6.6.4 Latin America
6.6.5 Middle East & Africa
18.104.22.168 Saudi Arabia
22.214.171.124 United Arab Emirates
126.96.36.199 South Africa
6.7 Global Metal Forging Market by Region: Historical Market (2015-2019) & Forecast (2020-2025)
6.7.1 North America
188.8.131.52 United States of America
184.108.40.206 United Kingdom
6.7.3 Asia Pacific
6.7.4 Latin America
6.7.5 Middle East & Africa
220.127.116.11 Saudi Arabia
18.104.22.168 United Arab Emirates
22.214.171.124 South Africa
7 SWOT Analysis
8 Porter’s Five Forces Analysis
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
9 Regional Price Analysis
9.1 North America Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.2 Europe Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.3 Asia Pacific Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.4 Latin America Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.5 Middle East & Africa Historical Price Trends (2015-2019) & Forecast (2020-2025)
10 Competitive Landscape & Supplier Analysis
10.1 Arconic Inc (NYSE: ARNC)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.2 Allegheny Technologies Incorporated (NYSE: ATI)
10.2.1 Company Overview
10.2.2 Financial Analysis
10.3 Bharat Forge Ltd. (NSE: BHARATFORG)
10.3.1 Company Overview
10.3.2 Financial Analysis
10.4 Bruck GmbH
10.4.1 Company Overview
10.4.2 Financial Analysis
10.5 China First Heavy Industries (SHA: 601106)
10.5.1 Company Overview
10.5.2 Financial Analysis
10.6 Jiangyin Hengrun Heavy Industries Co., Ltd (SHA: 603985)
10.6.1 Company Overview
10.6.2 Financial Analysis
10.7 Nippon Steel Corporation (TYO: 5401)
10.7.1 Company Overview
10.7.2 Financial Analysis
11 Events and Developments
Additional Customization Available:
12 Feedstock Analysis
13 Procurement Strategy
13.1 Value Chain Analysis
13.2 Contract Terms
13.3 Buying and Sourcing Trends
13.4 Storage and Warehousing
13.5 Certifications and Regulations
13.6 Risk Factors
14 Trade Data Analysis
14.1 Major Exporting Countries: By Value and Volume
14.2 Major Importing Countries: By Value and Volume
15 Manufacturing Process
15.1 Detailed Process Flow
15.2 Operations Involved
15.3 Mass Balance
16 Cost Analysis and Project Economics
16.1 Land, Location and Site Development
16.3 Plant Machinery
16.4 Cost of Raw Material
16.9 Other Capital Investment
17 Production Cost Analysis
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