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Global Metal Forging Market: By Metal: Carbon Steel, Alloy steel, Aluminum, Magnesium, Stainless steel, Titanium; By Application: Automotive, Aerospace, Oil & Gas, Construction; Agriculture; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Metal Forging Market Outlook

The global metal forging market reached a value of nearly USD 80 billion in 2020. The metal forging market is further projected to grow at a CAGR of 8% between 2021 and 2026.

 

Global Metal Forging Market

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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.

 

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.

 

Global Metal Forging Market By Application

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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:

  • Automotive 
  • Aerospace 
  • Oil and Gas 
  • Construction 
  • Agriculture 
  • Others

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.

 

Global Metal Forging Market By Region

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Market Analysis

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.

 

Competitive Landscape

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:

  • Arconic Inc (NYSE: ARNC)
  • Allegheny Technologies Incorporated
  • Bharat Forge Ltd.
  • Bruck GmbH
  • China First Heavy Industries
  • Jiangyin Hengrun Heavy Industries Co., Ltd
  • Nippon Steel Corporation
  • Others

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

  • How has the global metal forging market performed in the previous years (2016-2020)?
  • What is the forecast assessment of the metal forging market for 2021-2026?
  • What are the major drivers for the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major constraints for the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the import and export trends in the global metal forging market?
  • Who are the top importers and exporters of metal forging in the industry globally?
  • What are the price trends of metal forging in the market globally?
  • What is the degree of competition in the global metal forging market?
  • What are the major events and developments taking place within the metal forging market globally?

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    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
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    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 (2016-2020) & Forecast (2021-2026)
    6.2    Global Metal Forging Market Breakup by Metal
        6.2.1    Carbon Steel
        6.2.2    Alloy steel
        6.2.3    Aluminum
        6.2.4    Magnesium
        6.2.5    Stainless steel
        6.2.6    Titanium
        6.2.7    Others
    6.3    Global Metal Forging Market Breakup by Metal: Historical Market (2016-2020) & Forecast (2021-2026)
        6.3.1    Carbon Steel
        6.3.2    Alloy steel
        6.3.3    Aluminum
        6.3.4    Magnesium
        6.3.5    Stainless steel
        6.3.6    Titanium
        6.3.7    Others    
    6.4    Global Metal Forging Market Breakup by Application
        6.4.1    Automotive 
        6.4.2    Aerospace 
        6.4.3    Oil & Gas 
        6.4.4    Construction 
        6.4.5    Agriculture 
        6.4.6    Others
    6.5    Global Metal Forging Market Breakup by Application: Historical Market (2016-2020) & Forecast (2021-2026)
        6.5.1    Automotive 
        6.5.2    Aerospace 
        6.5.3    Oil & Gas 
        6.5.4    Construction 
        6.5.5    Agriculture 
        6.5.6    Others   
    6.6    Global Metal Forging Market by Region
        6.6.1    North America
            6.6.1.1    United States of America
            6.6.1.2    Canada
        6.6.2    Europe
            6.6.2.1    Germany
            6.6.2.2    United Kingdom
            6.6.2.3    France
            6.6.2.4    Italy
            6.6.2.5    Others
        6.6.3    Asia Pacific
            6.6.3.1    China
            6.6.3.2    Japan
            6.6.3.3    India
            6.6.3.4    ASEAN
            6.6.3.5    Others
        6.6.4    Latin America
            6.6.4.1    Brazil
            6.6.4.2    Argentina
            6.6.4.3    Mexico
            6.6.4.4    Others
        6.6.5    Middle East & Africa
            6.6.5.1    Saudi Arabia
            6.6.5.2    United Arab Emirates
            6.6.5.3    Nigeria
            6.6.5.4    South Africa
            6.6.5.5    Others
    6.7    Global Metal Forging Market by Region: Historical Market (2016-2020) & Forecast (2021-2026)
        6.7.1    North America
            6.7.1.1    United States of America
            6.7.1.2    Canada
        6.7.2    Europe
            6.7.2.1    Germany
            6.7.2.2    United Kingdom
            6.7.2.3    France
            6.7.2.4    Italy
            6.7.2.5    Others
        6.7.3    Asia Pacific
            6.7.3.1    China
            6.7.3.2    Japan
            6.7.3.3    India
            6.7.3.4    ASEAN
            6.7.3.5    Others
        6.7.4    Latin America
            6.7.4.1    Brazil
            6.7.4.2    Argentina
            6.7.4.3    Mexico
            6.7.4.4    Others
        6.7.5    Middle East & Africa
            6.7.5.1    Saudi Arabia
            6.7.5.2    United Arab Emirates
            6.7.5.3    Nigeria
            6.7.5.4    South Africa
            6.7.5.5    Others
7    SWOT Analysis
    7.1    Overview
    7.2    Strengths
    7.3    Weaknesses
    7.4    Opportunities
    7.5    Threats
8    Porter’s Five Forces Analysis
    8.1    Overview
    8.2    Buyer’s Power
    8.3    Supplier’s Power
    8.4    New Entrants
    8.5    Degree of Rivalry
    8.6    Substitutes
9    Competitive Landscape & Supplier Analysis
    9.1    Arconic Inc (NYSE: ARNC)
        9.1.1    Company Overview
        9.1.2    Financial Analysis
    9.2    Allegheny Technologies Incorporated (NYSE: ATI)
        9.2.1    Company Overview
        9.2.2    Financial Analysis
    9.3    Bharat Forge Ltd. (NSE: BHARATFORG)
        9.3.1    Company Overview
        9.3.2    Financial Analysis
    9.4    Bruck GmbH 
        9.4.1    Company Overview
        9.4.2    Financial Analysis
    9.5    China First Heavy Industries (SHA: 60196)
        9.5.1    Company Overview
        9.5.2    Financial Analysis
    9.6    Jiangyin Hengrun Heavy Industries Co., Ltd (SHA: 603985)   
        9.6.1    Company Overview
        9.6.2    Financial Analysis
    9.7    Nippon Steel Corporation   (TYO: 5401)
        9.7.1    Company Overview
        9.7.2    Financial Analysis
    9.8    Others
10    Industry Events and Developments

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