Global Steel for Large Forgings Market Growth 2024-2030

Global Steel for Large Forgings Market Growth 2024-2030

Steel for large forgings refers to alloy steel used for forging large forgings. Large forgings generally refer to products with ingot weight of not less than 150 tons and single forging weight of 90 tons or more. Due to the large size and thick cross-section of forgings, steel for large forgings has many characteristics in alloy design and production process. Large forgings are generally used to manufacture the main components of industrial equipment such as metallurgy, petrochemical, power, shipbuilding, etc.

The global Steel for Large Forgings market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Steel for Large Forgings Industry Forecast” looks at past sales and reviews total world Steel for Large Forgings sales in 2023, providing a comprehensive analysis by region and market sector of projected Steel for Large Forgings sales for 2024 through 2030. With Steel for Large Forgings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Steel for Large Forgings industry.

This Insight Report provides a comprehensive analysis of the global Steel for Large Forgings landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Steel for Large Forgings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Steel for Large Forgings market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Steel for Large Forgings and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Steel for Large Forgings.

United States market for Steel for Large Forgings is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Steel for Large Forgings is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Steel for Large Forgings is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Steel for Large Forgings players cover ArcelorMittal, Nippon Steel, POSCO, Tata Steel, JSW Steel, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Steel for Large Forgings market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Rotor Steel
Cold Rolling Roller Steel
Pressure Vessel Steel

Segmentation by Application:
Metallurgy
Petrochemicals
Power
Shipbuilding
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ArcelorMittal
Nippon Steel
POSCO
Tata Steel
JSW Steel
JFE Steel
Nucor
Thyssenkrupp Steel
China Baowu
Ansteel Group
HBIS Group
Shagang Group
Jianlong Group
Shougang Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Steel for Large Forgings market?

What factors are driving Steel for Large Forgings market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Steel for Large Forgings market opportunities vary by end market size?

How does Steel for Large Forgings break out by Type, by Application?



Please note: The report will take approximately 2 business days to prepare and deliver.