Alloy Steel Forging Market Report – Research, Industry Analysis Reports and Market Demands

Global Alloy Steel Forging Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

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Table of Content

1 Market Overview

1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
- 1.3.1 Overview: Global Alloy Steel Forging Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Low Alloy Steel
- 1.3.3 Medium Alloy Steel
- 1.3.4 High Slloy Steel
1.4 Market Analysis by Application
- 1.4.1 Overview: Global Alloy Steel Forging Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Automotive
- 1.4.3 Defense and Aerospace
- 1.4.4 Shipbuilding
- 1.4.5 Power Industry
- 1.4.6 Oil and Gas
- 1.4.7 Construction Machinery
- 1.4.8 Agriculture
- 1.4.9 Others
1.5 Global Alloy Steel Forging Market Size & Forecast
- 1.5.1 Global Alloy Steel Forging Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global Alloy Steel Forging Sales Quantity (2020-2031)
- 1.5.3 Global Alloy Steel Forging Average Price (2020-2031)

2 Manufacturers Profiles

3 Competitive Environment: Alloy Steel Forging by Manufacturer

3.1 Global Alloy Steel Forging Sales Quantity by Manufacturer (2020-2025)
3.2 Global Alloy Steel Forging Revenue by Manufacturer (2020-2025)
3.3 Global Alloy Steel Forging Average Price by Manufacturer (2020-2025)
3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of Alloy Steel Forging by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 Alloy Steel Forging Manufacturer Market Share in 2024
- 3.4.3 Top 6 Alloy Steel Forging Manufacturer Market Share in 2024
3.5 Alloy Steel Forging Market: Overall Company Footprint Analysis
- 3.5.1 Alloy Steel Forging Market: Region Footprint
- 3.5.2 Alloy Steel Forging Market: Company Product Type Footprint
- 3.5.3 Alloy Steel Forging Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

4.1 Global Alloy Steel Forging Market Size by Region
- 4.1.1 Global Alloy Steel Forging Sales Quantity by Region (2020-2031)
- 4.1.2 Global Alloy Steel Forging Consumption Value by Region (2020-2031)
- 4.1.3 Global Alloy Steel Forging Average Price by Region (2020-2031)
4.2 North America Alloy Steel Forging Consumption Value (2020-2031)
4.3 Europe Alloy Steel Forging Consumption Value (2020-2031)
4.4 Asia-Pacific Alloy Steel Forging Consumption Value (2020-2031)
4.5 South America Alloy Steel Forging Consumption Value (2020-2031)
4.6 Middle East & Africa Alloy Steel Forging Consumption Value (2020-2031)

5 Market Segment by Type

5.1 Global Alloy Steel Forging Sales Quantity by Type (2020-2031)
5.2 Global Alloy Steel Forging Consumption Value by Type (2020-2031)
5.3 Global Alloy Steel Forging Average Price by Type (2020-2031)

6 Market Segment by Application

6.1 Global Alloy Steel Forging Sales Quantity by Application (2020-2031)
6.2 Global Alloy Steel Forging Consumption Value by Application (2020-2031)
6.3 Global Alloy Steel Forging Average Price by Application (2020-2031)

7 North America

7.1 North America Alloy Steel Forging Sales Quantity by Type (2020-2031)
7.2 North America Alloy Steel Forging Sales Quantity by Application (2020-2031)
7.3 North America Alloy Steel Forging Market Size by Country
- 7.3.1 North America Alloy Steel Forging Sales Quantity by Country (2020-2031)
- 7.3.2 North America Alloy Steel Forging Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

8.1 Europe Alloy Steel Forging Sales Quantity by Type (2020-2031)
8.2 Europe Alloy Steel Forging Sales Quantity by Application (2020-2031)
8.3 Europe Alloy Steel Forging Market Size by Country
- 8.3.1 Europe Alloy Steel Forging Sales Quantity by Country (2020-2031)
- 8.3.2 Europe Alloy Steel Forging Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

9.1 Asia-Pacific Alloy Steel Forging Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Alloy Steel Forging Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Alloy Steel Forging Market Size by Region
- 9.3.1 Asia-Pacific Alloy Steel Forging Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific Alloy Steel Forging Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

10.1 South America Alloy Steel Forging Sales Quantity by Type (2020-2031)
10.2 South America Alloy Steel Forging Sales Quantity by Application (2020-2031)
10.3 South America Alloy Steel Forging Market Size by Country
- 10.3.1 South America Alloy Steel Forging Sales Quantity by Country (2020-2031)
- 10.3.2 South America Alloy Steel Forging Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

11.1 Middle East & Africa Alloy Steel Forging Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Alloy Steel Forging Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Alloy Steel Forging Market Size by Country
- 11.3.1 Middle East & Africa Alloy Steel Forging Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa Alloy Steel Forging Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

12.1 Alloy Steel Forging Market Drivers
12.2 Alloy Steel Forging Market Restraints
12.3 Alloy Steel Forging Trends Analysis
12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

13.1 Raw Material of Alloy Steel Forging and Key Manufacturers
13.2 Manufacturing Costs Percentage of Alloy Steel Forging
13.3 Alloy Steel Forging Production Process
13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
14.2 Alloy Steel Forging Typical Distributors
14.3 Alloy Steel Forging Typical Customers

15 Research Findings and Conclusion

16 Appendix

16.1 Methodology
16.2 Research Process and Data Source

Description

According to our (Global Info Research) latest study, the global Alloy Steel Forging market size was valued at US$ 12230 million in 2024 and is forecast to a readjusted size of USD 17680 million by 2031 with a CAGR of 5.5% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Alloy steel is a steel that has had small amounts of one or more alloying elements (other than carbon) such as such as manganese, silicon, nickel, titanium, copper, chromium and aluminum added. This produces specific properties for forgings that are not found in regular carbon steel forging.
Alloy steels are popular in steel forging because of their economical cost, wide availability, ease of processing, and good mechanical properties.
This report is a detailed and comprehensive analysis for global Alloy Steel Forging market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Alloy Steel Forging market size and forecasts, in consumption value ($ Million), sales quantity (US$/Ton), and average selling prices (US$/Ton), 2020-2031
Global Alloy Steel Forging market size and forecasts by region and country, in consumption value ($ Million), sales quantity (US$/Ton), and average selling prices (US$/Ton), 2020-2031
Global Alloy Steel Forging market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (US$/Ton), and average selling prices (US$/Ton), 2020-2031
Global Alloy Steel Forging market shares of main players, shipments in revenue ($ Million), sales quantity (US$/Ton), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Alloy Steel Forging
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Alloy Steel Forging market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Allegheny Technologies Incorporated (ATI), KOBELCO, Trenton, Thyssenkrupp, Aichi Steel, FRISA, CFS Forge, Anderson Shumaker Company, Wanxiang Qianchao, Farinia Group, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Alloy Steel Forging market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Low Alloy Steel
Medium Alloy Steel
High Slloy Steel
Market segment by Application
Automotive
Defense and Aerospace
Shipbuilding
Power Industry
Oil and Gas
Construction Machinery
Agriculture
Others
Major players covered
Allegheny Technologies Incorporated (ATI)
KOBELCO
Trenton
Thyssenkrupp
Aichi Steel
FRISA
CFS Forge
Anderson Shumaker Company
Wanxiang Qianchao
Farinia Group
Longcheng Precision Forging
Dongfeng Forging
Jiangyin Hengrun Heavy Industries
Wuxi Paike New Material Technology
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Alloy Steel Forging product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Alloy Steel Forging, with price, sales quantity, revenue, and global market share of Alloy Steel Forging from 2020 to 2025.
Chapter 3, the Alloy Steel Forging competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Alloy Steel Forging breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Alloy Steel Forging market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Alloy Steel Forging.
Chapter 14 and 15, to describe Alloy Steel Forging sales channel, distributors, customers, research findings and conclusion.

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