Global Forging Market Research Report 2022 - Market Size, Current Insights and Development Trends
Forging is a manufacturing process wherein a metal is pressed, squeezed or pounded by compressive force into high-strength parts. Forging is categorized by temperature at which it is performed either by warm forging, hot forging, or cold forging. Forging is used widely due to its higher strength characteristics and low cost as compared to other processes.
The report focuses on the Forging market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. Furthermore, the report provides strategies for companies to overcome threats posed by COVID-19.
Technological innovation and advancement will further optimize the performance of the product, enabling it to acquire a wider range of applications in the downstream market. Moreover, customer preference analysis, market dynamics (drivers, restraints, opportunities), new product release, impact of COVID-19, regional conflicts and carbon neutrality provide crucial information for us to take a deep dive into the Forging market.
Major Players in the Forging market are:
Scot Forge
Consolidated Industries, Inc.
Pacific Forge Incorporated
All Metals & Forge Group
CFS Machinery Co., Ltd
Alcoa Corporation
Fountaintown Forge, Inc.
Patriot Forge Co.
Farinia Group
Precision Castparts Corp.
On the basis of types, the Forging market is primarily split into:
Closed Die Forging
Open Die Forging
Seamless Forging
On the basis of applications, the market covers:
Automotive
Aerospace
Railway
Heavy Equipment
Wind Power
Major Regions or countries covered in this report:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
Years considered for this report:
Historical Years: 2017-2021
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2022-2029
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