According to our (Global Info Research) latest study, the global Custom Metal Forging Services market size was valued at US$ 11668 million in 2025 and is forecast to a readjusted size of US$ 14971 million by 2032 with a CAGR of 3.5% during review period.
Custom Metal Forging Services create unique, high-strength metal parts by shaping heated or cold metal with compressive forces (hammering, pressing) to specific client designs, resulting in superior density, durability, and performance for critical components in aerospace, automotive, and heavy industry, often finishing with machining for precision.
The upstream of the customized metal forging service industry chain mainly consists of steel and alloy materials, aluminum and titanium alloy raw materials, die steel, and lubricating materials. The core of the upstream lies in the stability of material performance and supply security; fluctuations in metal prices and energy costs significantly impact costs. The downstream is the link with the highest concentration of demand and added value, widely used in the automotive and commercial vehicle sectors for key components in engines and transmission systems, chassis, and safety structures, emphasizing strength consistency, batch stability, and cost control; in aerospace for load-bearing structures and critical connectors, requiring extremely high standards of material traceability, process certification, and reliability; in engineering machinery and heavy equipment for shafts, gears, and high-load components, focusing on fatigue resistance and delivery capability; in energy and power equipment for wind power, nuclear power, and oil and gas equipment components, emphasizing long-term reliability and compliance; and in rail transportation and marine sectors for critical load-bearing components, prioritizing lifespan and safety redundancy. Downstream customers are mostly large manufacturing enterprises, with both project-based and long-term supply models. Quality certification, joint die development, and delivery cycles are key to cooperation, and leading customers have strong bargaining power.
Industry trends are characterized by increased applications of high-performance alloys and near-net-shape forming, improved yield and consistency through numerical simulation and automated forging, and a shift towards lightweight and integrated structures. Driving factors primarily stem from automotive lightweighting and new energy transformation, increased investment in aerospace and high-end equipment, and rising demands for domestic substitution and supply chain security. Hindering factors include fluctuations in raw material and energy prices, high upfront investment in molds and equipment, long technology and certification cycles, and price competition resulting from overcapacity in low-end products.
This report is a detailed and comprehensive analysis for global Custom Metal Forging Services market. Both quantitative and qualitative analyses are presented by company, 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 Custom Metal Forging Services market size and forecasts, in consumption value ($ Million), 2021-2032
Global Custom Metal Forging Services market size and forecasts by region and country, in consumption value ($ Million), 2021-2032
Global Custom Metal Forging Services market size and forecasts, by Type and by Application, in consumption value ($ Million), 2021-2032
Global Custom Metal Forging Services market shares of main players, in revenue ($ Million), 2021-2026
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 Custom Metal Forging Services
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 Custom Metal Forging Services market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Precision Castparts Corp, Howmet Aerospace Inc., Allegheny Technologies Incorporated (ATI), ThyssenKrupp, Bharat Forge, American Axle & Manufacturing (AAM), VSMPO‑AVISMA Corporation, Aichi Steel Corporation, Aubert & Duval, Scot Forge, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Custom Metal Forging Services market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Hot Forging
Cold Forging
Warm Forging
Isothermal Forging
Multi-Directional Forging
Others
Market segment by Forming Method
Free Forging
Open Die Forging
Closed Die Forging
Ring Rolling Forging
Roll Forging
Market segment by Precision
±0.5-2mm
±0.1-0.5mm
±0.01-0.1mm
Others
Market segment by Raw Materials
Carbon Steel
Alloy Steel
Stainless Steel
Aluminum Alloy
Magnesium Alloy
Titanium Alloy
Copper/Copper Alloy
Others
Market segment by Application
Aerospace
Automotive Manufacturing
Energy Equipment
Construction Machinery
Others
Market segment by players, this report covers
Precision Castparts Corp
Howmet Aerospace Inc.
Allegheny Technologies Incorporated (ATI)
ThyssenKrupp
Bharat Forge
American Axle & Manufacturing (AAM)
VSMPO‑AVISMA Corporation
Aichi Steel Corporation
Aubert & Duval
Scot Forge
FRISA
Farinia Group
Wanxiang Qianchao
Pacific Precision Forging
Jinma Industrial Group
Mahindra Forgings
CITIC Heavy Industries
Dongfeng Forging
Wuxi Paike New Material Technology
Brück GmbH
SIFCO Industries
Ramkrishna Forgings
ISGEC Heavy Engineering
Kalyani Group
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Custom Metal Forging Services product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Custom Metal Forging Services, with revenue, gross margin, and global market share of Custom Metal Forging Services from 2021 to 2026.
Chapter 3, the Custom Metal Forging Services competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2021 to 2032.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2021 to 2026.and Custom Metal Forging Services market forecast, by regions, by Type and by Application, with consumption value, from 2027 to 2032.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Custom Metal Forging Services.
Chapter 13, to describe Custom Metal Forging Services research findings and conclusion.
Summary:
Get latest Market Research Reports on Custom Metal Forging Services. Industry analysis & Market Report on Custom Metal Forging Services is a syndicated market report, published as Global Custom Metal Forging Services Market 2026 by Company, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Custom Metal Forging Services market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.