Global Metal Forgings Supply, Demand and Key Producers, 2026-2032
1 Supply Summary
- 1.1 Metal Forgings Introduction
- 1.2 World Metal Forgings Supply & Forecast
- 1.2.1 World Metal Forgings Production Value (2021 & 2025 & 2032)
- 1.2.2 World Metal Forgings Production (2021-2032)
- 1.2.3 World Metal Forgings Pricing Trends (2021-2032)
- 1.3 World Metal Forgings Production by Region (Based on Production Site)
- 1.3.1 World Metal Forgings Production Value by Region (2021-2032)
- 1.3.2 World Metal Forgings Production by Region (2021-2032)
- 1.3.3 World Metal Forgings Average Price by Region (2021-2032)
- 1.3.4 North America Metal Forgings Production (2021-2032)
- 1.3.5 Europe Metal Forgings Production (2021-2032)
- 1.3.6 China Metal Forgings Production (2021-2032)
- 1.3.7 Japan Metal Forgings Production (2021-2032)
- 1.3.8 India Metal Forgings Production (2021-2032)
- 1.3.9 Southeast Asia Metal Forgings Production (2021-2032)
- 1.4 Market Drivers, Restraints and Trends
- 1.4.1 Metal Forgings Market Drivers
- 1.4.2 Factors Affecting Demand
- 1.4.3 Metal Forgings Major Market Trends
2 Demand Summary
- 2.1 World Metal Forgings Demand (2021-2032)
- 2.2 World Metal Forgings Consumption by Region
- 2.2.1 World Metal Forgings Consumption by Region (2021-2026)
- 2.2.2 World Metal Forgings Consumption Forecast by Region (2027-2032)
- 2.3 United States Metal Forgings Consumption (2021-2032)
- 2.4 China Metal Forgings Consumption (2021-2032)
- 2.5 Europe Metal Forgings Consumption (2021-2032)
- 2.6 Japan Metal Forgings Consumption (2021-2032)
- 2.7 South Korea Metal Forgings Consumption (2021-2032)
- 2.8 ASEAN Metal Forgings Consumption (2021-2032)
- 2.9 India Metal Forgings Consumption (2021-2032)
3 World Manufacturers Competitive Analysis
- 3.1 World Metal Forgings Production Value by Manufacturer (2021-2026)
- 3.2 World Metal Forgings Production by Manufacturer (2021-2026)
- 3.3 World Metal Forgings Average Price by Manufacturer (2021-2026)
- 3.4 Metal Forgings Company Evaluation Quadrant
- 3.5 Industry Rank and Concentration Rate (CR)
- 3.5.1 Global Metal Forgings Industry Rank of Major Manufacturers
- 3.5.2 Global Concentration Ratios (CR4) for Metal Forgings in 2025
- 3.5.3 Global Concentration Ratios (CR8) for Metal Forgings in 2025
- 3.6 Metal Forgings Market: Overall Company Footprint Analysis
- 3.6.1 Metal Forgings Market: Region Footprint
- 3.6.2 Metal Forgings Market: Company Product Type Footprint
- 3.6.3 Metal Forgings Market: Company Product Application Footprint
- 3.7 Competitive Environment
- 3.7.1 Historical Structure of the Industry
- 3.7.2 Barriers of Market Entry
- 3.7.3 Factors of Competition
- 3.8 New Entrant and Capacity Expansion Plans
- 3.9 Mergers, Acquisition, Agreements, and Collaborations
4 United States VS China VS Rest of the World
- 4.1 United States VS China: Metal Forgings Production Value Comparison
- 4.1.1 United States VS China: Metal Forgings Production Value Comparison (2021 & 2025 & 2032)
- 4.1.2 United States VS China: Metal Forgings Production Value Market Share Comparison (2021 & 2025 & 2032)
- 4.2 United States VS China: Metal Forgings Production Comparison
- 4.2.1 United States VS China: Metal Forgings Production Comparison (2021 & 2025 & 2032)
- 4.2.2 United States VS China: Metal Forgings Production Market Share Comparison (2021 & 2025 & 2032)
- 4.3 United States VS China: Metal Forgings Consumption Comparison
- 4.3.1 United States VS China: Metal Forgings Consumption Comparison (2021 & 2025 & 2032)
- 4.3.2 United States VS China: Metal Forgings Consumption Market Share Comparison (2021 & 2025 & 2032)
- 4.4 United States Based Metal Forgings Manufacturers and Market Share, 2021-2026
- 4.4.1 United States Based Metal Forgings Manufacturers, Headquarters and Production Site (States, Country)
- 4.4.2 United States Based Manufacturers Metal Forgings Production Value (2021-2026)
- 4.4.3 United States Based Manufacturers Metal Forgings Production (2021-2026)
- 4.5 China Based Metal Forgings Manufacturers and Market Share
- 4.5.1 China Based Metal Forgings Manufacturers, Headquarters and Production Site (Province, Country)
- 4.5.2 China Based Manufacturers Metal Forgings Production Value (2021-2026)
- 4.5.3 China Based Manufacturers Metal Forgings Production (2021-2026)
- 4.6 Rest of World Based Metal Forgings Manufacturers and Market Share, 2021-2026
- 4.6.1 Rest of World Based Metal Forgings Manufacturers, Headquarters and Production Site (State, Country)
- 4.6.2 Rest of World Based Manufacturers Metal Forgings Production Value (2021-2026)
- 4.6.3 Rest of World Based Manufacturers Metal Forgings Production (2021-2026)
5 Market Analysis by Type
- 5.1 World Metal Forgings Market Size Overview by Type: 2021 VS 2025 VS 2032
- 5.2 Segment Introduction by Type
- 5.2.1 Carbon Steel
- 5.2.2 Alloy Steel
- 5.2.3 Aluminum
- 5.2.4 Magnesium
- 5.2.5 Stainless Steel
- 5.2.6 Titanium
- 5.2.7 Others
- 5.3 Market Segment by Type
- 5.3.1 World Metal Forgings Production by Type (2021-2032)
- 5.3.2 World Metal Forgings Production Value by Type (2021-2032)
- 5.3.3 World Metal Forgings Average Price by Type (2021-2032)
6 Market Analysis by Application
- 6.1 World Metal Forgings Market Size Overview by Application: 2021 VS 2025 VS 2032
- 6.2 Segment Introduction by Application
- 6.2.1 Automotive
- 6.2.2 Defense and Aerospace
- 6.2.3 Shipbuilding
- 6.2.4 Power Industry
- 6.2.5 Oil and Gas
- 6.2.6 Construction Machinery
- 6.2.7 Agriculture
- 6.2.8 Others
- 6.3 Market Segment by Application
- 6.3.1 World Metal Forgings Production by Application (2021-2032)
- 6.3.2 World Metal Forgings Production Value by Application (2021-2032)
- 6.3.3 World Metal Forgings Average Price by Application (2021-2032)
7 Company Profiles
- 7.1 Precision Castparts Corp.
- 7.1.1 Precision Castparts Corp. Details
- 7.1.2 Precision Castparts Corp. Major Business
- 7.1.3 Precision Castparts Corp. Metal Forgings Product and Services
- 7.1.4 Precision Castparts Corp. Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.1.5 Precision Castparts Corp. Recent Developments/Updates
- 7.1.6 Precision Castparts Corp. Competitive Strengths & Weaknesses
- 7.2 Howmet Aerospace Inc.
- 7.2.1 Howmet Aerospace Inc. Details
- 7.2.2 Howmet Aerospace Inc. Major Business
- 7.2.3 Howmet Aerospace Inc. Metal Forgings Product and Services
- 7.2.4 Howmet Aerospace Inc. Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.2.5 Howmet Aerospace Inc. Recent Developments/Updates
- 7.2.6 Howmet Aerospace Inc. Competitive Strengths & Weaknesses
- 7.3 ATI Inc.
- 7.3.1 ATI Inc. Details
- 7.3.2 ATI Inc. Major Business
- 7.3.3 ATI Inc. Metal Forgings Product and Services
- 7.3.4 ATI Inc. Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.3.5 ATI Inc. Recent Developments/Updates
- 7.3.6 ATI Inc. Competitive Strengths & Weaknesses
- 7.4 Thyssenkrupp
- 7.4.1 Thyssenkrupp Details
- 7.4.2 Thyssenkrupp Major Business
- 7.4.3 Thyssenkrupp Metal Forgings Product and Services
- 7.4.4 Thyssenkrupp Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.4.5 Thyssenkrupp Recent Developments/Updates
- 7.4.6 Thyssenkrupp Competitive Strengths & Weaknesses
- 7.5 Nippon Steel
- 7.5.1 Nippon Steel Details
- 7.5.2 Nippon Steel Major Business
- 7.5.3 Nippon Steel Metal Forgings Product and Services
- 7.5.4 Nippon Steel Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.5.5 Nippon Steel Recent Developments/Updates
- 7.5.6 Nippon Steel Competitive Strengths & Weaknesses
- 7.6 VSMPO-AVISMA
- 7.6.1 VSMPO-AVISMA Details
- 7.6.2 VSMPO-AVISMA Major Business
- 7.6.3 VSMPO-AVISMA Metal Forgings Product and Services
- 7.6.4 VSMPO-AVISMA Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.6.5 VSMPO-AVISMA Recent Developments/Updates
- 7.6.6 VSMPO-AVISMA Competitive Strengths & Weaknesses
- 7.7 KOBELCO
- 7.7.1 KOBELCO Details
- 7.7.2 KOBELCO Major Business
- 7.7.3 KOBELCO Metal Forgings Product and Services
- 7.7.4 KOBELCO Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.7.5 KOBELCO Recent Developments/Updates
- 7.7.6 KOBELCO Competitive Strengths & Weaknesses
- 7.8 Aichi Steel
- 7.8.1 Aichi Steel Details
- 7.8.2 Aichi Steel Major Business
- 7.8.3 Aichi Steel Metal Forgings Product and Services
- 7.8.4 Aichi Steel Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.8.5 Aichi Steel Recent Developments/Updates
- 7.8.6 Aichi Steel Competitive Strengths & Weaknesses
- 7.9 Aubert & Duval
- 7.9.1 Aubert & Duval Details
- 7.9.2 Aubert & Duval Major Business
- 7.9.3 Aubert & Duval Metal Forgings Product and Services
- 7.9.4 Aubert & Duval Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.9.5 Aubert & Duval Recent Developments/Updates
- 7.9.6 Aubert & Duval Competitive Strengths & Weaknesses
- 7.10 Bharat Forge
- 7.10.1 Bharat Forge Details
- 7.10.2 Bharat Forge Major Business
- 7.10.3 Bharat Forge Metal Forgings Product and Services
- 7.10.4 Bharat Forge Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.10.5 Bharat Forge Recent Developments/Updates
- 7.10.6 Bharat Forge Competitive Strengths & Weaknesses
- 7.11 American Axle and Manufacturing (AAM)
- 7.11.1 American Axle and Manufacturing (AAM) Details
- 7.11.2 American Axle and Manufacturing (AAM) Major Business
- 7.11.3 American Axle and Manufacturing (AAM) Metal Forgings Product and Services
- 7.11.4 American Axle and Manufacturing (AAM) Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.11.5 American Axle and Manufacturing (AAM) Recent Developments/Updates
- 7.11.6 American Axle and Manufacturing (AAM) Competitive Strengths & Weaknesses
- 7.12 AVIC Heavy Machinery
- 7.12.1 AVIC Heavy Machinery Details
- 7.12.2 AVIC Heavy Machinery Major Business
- 7.12.3 AVIC Heavy Machinery Metal Forgings Product and Services
- 7.12.4 AVIC Heavy Machinery Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.12.5 AVIC Heavy Machinery Recent Developments/Updates
- 7.12.6 AVIC Heavy Machinery Competitive Strengths & Weaknesses
- 7.13 Wanxiang Qianchao
- 7.13.1 Wanxiang Qianchao Details
- 7.13.2 Wanxiang Qianchao Major Business
- 7.13.3 Wanxiang Qianchao Metal Forgings Product and Services
- 7.13.4 Wanxiang Qianchao Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.13.5 Wanxiang Qianchao Recent Developments/Updates
- 7.13.6 Wanxiang Qianchao Competitive Strengths & Weaknesses
- 7.14 FAW
- 7.14.1 FAW Details
- 7.14.2 FAW Major Business
- 7.14.3 FAW Metal Forgings Product and Services
- 7.14.4 FAW Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.14.5 FAW Recent Developments/Updates
- 7.14.6 FAW Competitive Strengths & Weaknesses
- 7.15 FRISA
- 7.15.1 FRISA Details
- 7.15.2 FRISA Major Business
- 7.15.3 FRISA Metal Forgings Product and Services
- 7.15.4 FRISA Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.15.5 FRISA Recent Developments/Updates
- 7.15.6 FRISA Competitive Strengths & Weaknesses
- 7.16 Farinia Group
- 7.16.1 Farinia Group Details
- 7.16.2 Farinia Group Major Business
- 7.16.3 Farinia Group Metal Forgings Product and Services
- 7.16.4 Farinia Group Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.16.5 Farinia Group Recent Developments/Updates
- 7.16.6 Farinia Group Competitive Strengths & Weaknesses
- 7.17 Longcheng Precision Forging
- 7.17.1 Longcheng Precision Forging Details
- 7.17.2 Longcheng Precision Forging Major Business
- 7.17.3 Longcheng Precision Forging Metal Forgings Product and Services
- 7.17.4 Longcheng Precision Forging Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.17.5 Longcheng Precision Forging Recent Developments/Updates
- 7.17.6 Longcheng Precision Forging Competitive Strengths & Weaknesses
- 7.18 Pacific Precision Forging
- 7.18.1 Pacific Precision Forging Details
- 7.18.2 Pacific Precision Forging Major Business
- 7.18.3 Pacific Precision Forging Metal Forgings Product and Services
- 7.18.4 Pacific Precision Forging Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.18.5 Pacific Precision Forging Recent Developments/Updates
- 7.18.6 Pacific Precision Forging Competitive Strengths & Weaknesses
- 7.19 Jinma Industrial Group
- 7.19.1 Jinma Industrial Group Details
- 7.19.2 Jinma Industrial Group Major Business
- 7.19.3 Jinma Industrial Group Metal Forgings Product and Services
- 7.19.4 Jinma Industrial Group Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.19.5 Jinma Industrial Group Recent Developments/Updates
- 7.19.6 Jinma Industrial Group Competitive Strengths & Weaknesses
- 7.20 CIE Automotive
- 7.20.1 CIE Automotive Details
- 7.20.2 CIE Automotive Major Business
- 7.20.3 CIE Automotive Metal Forgings Product and Services
- 7.20.4 CIE Automotive Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.20.5 CIE Automotive Recent Developments/Updates
- 7.20.6 CIE Automotive Competitive Strengths & Weaknesses
- 7.21 Sinotruck
- 7.21.1 Sinotruck Details
- 7.21.2 Sinotruck Major Business
- 7.21.3 Sinotruck Metal Forgings Product and Services
- 7.21.4 Sinotruck Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.21.5 Sinotruck Recent Developments/Updates
- 7.21.6 Sinotruck Competitive Strengths & Weaknesses
- 7.22 CITIC Heavy Industries
- 7.22.1 CITIC Heavy Industries Details
- 7.22.2 CITIC Heavy Industries Major Business
- 7.22.3 CITIC Heavy Industries Metal Forgings Product and Services
- 7.22.4 CITIC Heavy Industries Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.22.5 CITIC Heavy Industries Recent Developments/Updates
- 7.22.6 CITIC Heavy Industries Competitive Strengths & Weaknesses
- 7.23 Dongfeng Forging
- 7.23.1 Dongfeng Forging Details
- 7.23.2 Dongfeng Forging Major Business
- 7.23.3 Dongfeng Forging Metal Forgings Product and Services
- 7.23.4 Dongfeng Forging Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.23.5 Dongfeng Forging Recent Developments/Updates
- 7.23.6 Dongfeng Forging Competitive Strengths & Weaknesses
- 7.24 Acerinox S.A.
- 7.24.1 Acerinox S.A. Details
- 7.24.2 Acerinox S.A. Major Business
- 7.24.3 Acerinox S.A. Metal Forgings Product and Services
- 7.24.4 Acerinox S.A. Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.24.5 Acerinox S.A. Recent Developments/Updates
- 7.24.6 Acerinox S.A. Competitive Strengths & Weaknesses
- 7.25 Jiangyin Hengrun Heavy Industries
- 7.25.1 Jiangyin Hengrun Heavy Industries Details
- 7.25.2 Jiangyin Hengrun Heavy Industries Major Business
- 7.25.3 Jiangyin Hengrun Heavy Industries Metal Forgings Product and Services
- 7.25.4 Jiangyin Hengrun Heavy Industries Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.25.5 Jiangyin Hengrun Heavy Industries Recent Developments/Updates
- 7.25.6 Jiangyin Hengrun Heavy Industries Competitive Strengths & Weaknesses
- 7.26 Tongyu Heavy Industry
- 7.26.1 Tongyu Heavy Industry Details
- 7.26.2 Tongyu Heavy Industry Major Business
- 7.26.3 Tongyu Heavy Industry Metal Forgings Product and Services
- 7.26.4 Tongyu Heavy Industry Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.26.5 Tongyu Heavy Industry Recent Developments/Updates
- 7.26.6 Tongyu Heavy Industry Competitive Strengths & Weaknesses
- 7.27 Wuxi Paike New Material Technology
- 7.27.1 Wuxi Paike New Material Technology Details
- 7.27.2 Wuxi Paike New Material Technology Major Business
- 7.27.3 Wuxi Paike New Material Technology Metal Forgings Product and Services
- 7.27.4 Wuxi Paike New Material Technology Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.27.5 Wuxi Paike New Material Technology Recent Developments/Updates
- 7.27.6 Wuxi Paike New Material Technology Competitive Strengths & Weaknesses
- 7.28 Scot Forge Company
- 7.28.1 Scot Forge Company Details
- 7.28.2 Scot Forge Company Major Business
- 7.28.3 Scot Forge Company Metal Forgings Product and Services
- 7.28.4 Scot Forge Company Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.28.5 Scot Forge Company Recent Developments/Updates
- 7.28.6 Scot Forge Company Competitive Strengths & Weaknesses
- 7.29 Xi’an Triangle Defence Incorporated Company
- 7.29.1 Xi’an Triangle Defence Incorporated Company Details
- 7.29.2 Xi’an Triangle Defence Incorporated Company Major Business
- 7.29.3 Xi’an Triangle Defence Incorporated Company Metal Forgings Product and Services
- 7.29.4 Xi’an Triangle Defence Incorporated Company Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.29.5 Xi’an Triangle Defence Incorporated Company Recent Developments/Updates
- 7.29.6 Xi’an Triangle Defence Incorporated Company Competitive Strengths & Weaknesses
- 7.30 Brück GmbH
- 7.30.1 Brück GmbH Details
- 7.30.2 Brück GmbH Major Business
- 7.30.3 Brück GmbH Metal Forgings Product and Services
- 7.30.4 Brück GmbH Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.30.5 Brück GmbH Recent Developments/Updates
- 7.30.6 Brück GmbH Competitive Strengths & Weaknesses
- 7.31 Guizhou Aviation Technical
- 7.31.1 Guizhou Aviation Technical Details
- 7.31.2 Guizhou Aviation Technical Major Business
- 7.31.3 Guizhou Aviation Technical Metal Forgings Product and Services
- 7.31.4 Guizhou Aviation Technical Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.31.5 Guizhou Aviation Technical Recent Developments/Updates
- 7.31.6 Guizhou Aviation Technical Competitive Strengths & Weaknesses
- 7.32 Wuxi Hyatech
- 7.32.1 Wuxi Hyatech Details
- 7.32.2 Wuxi Hyatech Major Business
- 7.32.3 Wuxi Hyatech Metal Forgings Product and Services
- 7.32.4 Wuxi Hyatech Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.32.5 Wuxi Hyatech Recent Developments/Updates
- 7.32.6 Wuxi Hyatech Competitive Strengths & Weaknesses
- 7.33 Wanhang Die Forging
- 7.33.1 Wanhang Die Forging Details
- 7.33.2 Wanhang Die Forging Major Business
- 7.33.3 Wanhang Die Forging Metal Forgings Product and Services
- 7.33.4 Wanhang Die Forging Metal Forgings Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.33.5 Wanhang Die Forging Recent Developments/Updates
- 7.33.6 Wanhang Die Forging Competitive Strengths & Weaknesses
8 Industry Chain Analysis
- 8.1 Metal Forgings Industry Chain
- 8.2 Metal Forgings Upstream Analysis
- 8.2.1 Metal Forgings Core Raw Materials
- 8.2.2 Main Manufacturers of Metal Forgings Core Raw Materials
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis
- 8.5 Metal Forgings Production Mode
- 8.6 Metal Forgings Procurement Model
- 8.7 Metal Forgings Industry Sales Model and Sales Channels
- 8.7.1 Metal Forgings Sales Model
- 8.7.2 Metal Forgings Typical Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Methodology
- 10.2 Research Process and Data Source
The global Metal Forgings market size is expected to reach $ 124920 million by 2032, rising at a market growth of 5.5% CAGR during the forecast period (2026-2032).
Metal forgings are products created through the process of heating and applying pressure to metal materials to alter their shape. This process enhances the strength and durability of the metal while ensuring consistency and quality of the product. Metal forgings are commonly made from various metals such as aluminum, steel, titanium, and copper. Their characteristics include high mechanical performance, excellent toughness, and good structural integrity. They are widely used in industries such as aerospace, automotive manufacturing, energy, construction, and toolmaking to meet the demands for high-strength and high-performance components.
The metal forgings market is experiencing steady growth, driven by increasing demand for high-performance and durable components across various industrial sectors. Technological advancements and improvements in manufacturing processes are expanding the range of applications for forged products. Particularly in aerospace, automotive, and energy sectors, advanced materials and processes are driving the demand for high-performance forgings. Additionally, global economic recovery and increased infrastructure development are supporting market growth.
Key drivers of the metal forgings market include the increasing demand for high-strength and durable components, advancements in manufacturing technology, and the expansion of industrial production. The aerospace and automotive industries' need for lightweight and high-strength materials is driving the use of high-performance forgings. Additionally, investment in the energy sector and growth in infrastructure projects further promote market development. Furthermore, globalization and technological innovations that enhance production efficiency have reduced forging manufacturing costs, contributing to market growth.
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 15%.
This report studies the global Metal Forgings production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Metal Forgings and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Metal Forgings that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Metal Forgings total production and demand, 2021-2032, (K Tons)
Global Metal Forgings total production value, 2021-2032, (USD Million)
Global Metal Forgings production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Tons), (based on production site)
Global Metal Forgings consumption by region & country, CAGR, 2021-2032 & (K Tons)
U.S. VS China: Metal Forgings domestic production, consumption, key domestic manufacturers and share
Global Metal Forgings production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Tons)
Global Metal Forgings production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Tons)
Global Metal Forgings production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Tons)
This report profiles key players in the global Metal Forgings market based on the following parameters - company overview, production, value, price, 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., ATI Inc., Thyssenkrupp, Nippon Steel, VSMPO-AVISMA, KOBELCO, Aichi Steel, Aubert & Duval, Bharat Forge, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Metal Forgings market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Metal Forgings Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Metal Forgings Market, Segmentation by Type:
Carbon Steel
Alloy Steel
Aluminum
Magnesium
Stainless Steel
Titanium
Others
Global Metal Forgings Market, Segmentation by Application:
Automotive
Defense and Aerospace
Shipbuilding
Power Industry
Oil and Gas
Construction Machinery
Agriculture
Others
Companies Profiled:
Precision Castparts Corp.
Howmet Aerospace Inc.
ATI Inc.
Thyssenkrupp
Nippon Steel
VSMPO-AVISMA
KOBELCO
Aichi Steel
Aubert & Duval
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
CIE Automotive
Sinotruck
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
Guizhou Aviation Technical
Wuxi Hyatech
Wanhang Die Forging
Key Questions Answered:
1. How big is the global Metal Forgings market?
2. What is the demand of the global Metal Forgings market?
3. What is the year over year growth of the global Metal Forgings market?
4. What is the production and production value of the global Metal Forgings market?
5. Who are the key producers in the global Metal Forgings market?
6. What are the growth factors driving the market demand?