Metal Forging Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global metal forging market is expected to grow at a CAGR of around 5.1% during 2025-2034. This report on global metal forging market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global metal forging market by segmenting the market based on raw material, application, and region. Also, detailed profiles of companies operating in the metal forging market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Extensively used in Various Applications of Different End-Use Industries
• Growth in the Automotive Sector, Such as Electric Vehicles
• Strict Implementation of Regulations for Use of High-Performance Components
Market Challenges
• Alternative Component Manufacturing Processes
• COVID-19 pandemic Impact on Key Players Suspended Operations
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Raw Material
• Carbon Steel
• Alloy Steel
• Aluminium
• Magnesium
• Stainless Steel
• Titanium
• Others
Market by Application
• Automotive
• Aerospace
• Oil and Gas
• Construction
• Agriculture
• Others
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Metal Forging Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Metal Forging Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 5. Global Metal Forging Market by Raw Material
- 5.1. Introduction
- 5.2. Carbon Steel
- 5.3. Alloy Steel
- 5.4. Aluminium
- 5.5. Magnesium
- 5.6. Stainless Steel
- 5.7. Titanium
- 5.8. Others
- 6. Global Metal Forging Market by Application
- 6.1 Introduction
- 6.2 Automotive
- 6.3 Aerospace
- 6.4 Oil and Gas
- 6.5 Construction
- 6.6 Agriculture
- 6.7 Others
- 7. Global Metal Forging Market by Region
- 7.1 Introduction
- 7.2 Europe
- 7.2.1 Germany
- 7.2.2 United Kingdom
- 7.2.3 France
- 7.2.4 Italy
- 7.2.5 Spain
- 7.2.6 Russia
- 7.2.7 Netherlands
- 7.2.8 Rest of the Europe
- 7.3 North America
- 7.3.1 United States
- 7.3.2 Canada
- 7.4 Asia Pacific
- 7.4.1 China
- 7.4.2 Japan
- 7.4.3 India
- 7.4.4 South Korea
- 7.4.5 Australia
- 7.4.6 Indonesia
- 7.4.7 Rest of the Asia Pacific
- 7.5 Latin America
- 7.5.1 Mexico
- 7.5.2 Brazil
- 7.5.3 Argentina
- 7.5.4 Rest of Latin America
- 7.6 Middle East & Africa
- 7.6.1 Saudi Arabia
- 7.6.2 Turkey
- 7.6.2 Iran
- 7.6.3 United Arab Emirates
- 7.6.4 Rest of Middle East & Africa
- 8. SWOT Analysis
- 9. Porter’s Five Forces
- 10. Market Value Chain Analysis
- 11. Competitive Landscape
- 11.1 Competitive Scenario
- 11.2 Company Profiles
- 11.2.1 Arconic Corp.
- 11.2.2 ATI
- 11.2.3 Bharat Forge Ltd.
- 11.2.4 Bruck GmbH
- 11.2.5 China First Heavy Industries
- 11.2.6 Ellwood Group Inc.
- 11.2.7 Jiangyin Hengrun Heavy Industries Co. Ltd.
- 11.2.8 Nippon Steel Corp.
- 11.2.9 Precision Castparts Corp.
- 11.2.10 Kovárna Viva
- 11.2.11 Larsen & Toubro Limited
- 11.2.12 Scot Forge and Thyssenkrupp AG
- List of Figures
- Figure 1: Global Metal Forging Market (in US$ Million), 2020-2024
- Figure 2: Global Metal Forging Market by Raw Material, 2024
- Figure 3: Global Metal Forging Market by Application, 2024
- Figure 4: Global Metal Forging Market by Region, 2024
- Figure 5: Global Metal Forging Market (in US$ Million), 2025-2034
- Figure 6: Global Metal Forging Market by Raw Material (in %), 2024 & 2034
- Figure 7: Global Carbon Steel Metal Forging Market (in US$ Million), 2020-2024
- Figure 8: Global Carbon Steel Metal Forging Market (in US$ Million), 2025-2034
- Figure 9: Global Alloy Steel Metal Forging Market (in US$ Million), 2020-2024
- Figure 10: Global Alloy Steel Metal Forging Market (in US$ Million), 2025-2034
- Figure 11: Global Aluminium Metal Forging Market (in US$ Million), 2020-2024
- Figure 12: Global Aluminium Metal Forging Market (in US$ Million), 2025-2034
- Figure 13: Global Magnesium Metal Forging Market (in US$ Million), 2020-2024
- Figure 14: Global Magnesium Metal Forging Market (in US$ Million), 2025-2034
- Figure 15: Global Stainless-Steel Metal Forging Market (in US$ Million), 2020-2024
- Figure 16: Global Stainless-Steel Metal Forging Market (in US$ Million), 2025-2034
- Figure 17: Global Titanium Metal Forging Market (in US$ Million), 2020-2024
- Figure 18: Global Titanium Metal Forging Market (in US$ Million), 2025-2034
- Figure 19: Global Other Raw Materials Market (in US$ Million), 2020-2024
- Figure 20: Global Other Raw Materials Market (in US$ Million), 2025-2034
- Figure 21: Global Metal Forging Market by Application (in %), 2024 & 2034
- Figure 22: Global Automotive Metal Forging Market (in US$ Million), 2020-2024
- Figure 23: Global Automotive Metal Forging Market (in US$ Million), 2025-2034
- Figure 24: Global Aerospace Metal Forging Market (in US$ Million), 2020-2024
- Figure 25: Global Aerospace Metal Forging Market (in US$ Million), 2025-2034
- Figure 26: Global Oil and Gas Metal Forging Market (in US$ Million), 2020-2024
- Figure 27: Global Oil and Gas Metal Forging Market (in US$ Million), 2025-2034
- Figure 28: Global Construction Metal Forging Market (in US$ Million), 2020-2024
- Figure 29: Global Construction Metal Forging Market (in US$ Million), 2025-2034
- Figure 30: Global Agriculture Metal Forging Market (in US$ Million), 2020-2024
- Figure 31: Global Agriculture Metal Forging Market (in US$ Million), 2025-2034
- Figure 32: Global Other Applications Market (in US$ Million), 2020-2024
- Figure 33: Global Other Applications Market (in US$ Million), 2025-2034
- Figure 34: Global Metal Forging Market by Region (in %), 2024 & 2034
- Figure 35: Europe Metal Forging Market (in US$ Million), 2020-2024
- Figure 36: Europe Metal Forging Market (in US$ Million), 2025-2034
- Figure 37: Europe Metal Forging Market by Country (in %), 2024 & 2034
- Figure 38: Germany Metal Forging Market (in US$ Million), 2020-2034
- Figure 39: United Kingdom Metal Forging Market (in US$ Million), 2020-2034
- Figure 40: France Metal Forging Market (in US$ Million), 2020-2034
- Figure 41: Italy Metal Forging Market (in US$ Million), 2020-2034
- Figure 42: Spain Metal Forging Market (in US$ Million), 2020-2034
- Figure 43: Russia Metal Forging Market (in US$ Million), 2020-2034
- Figure 44: Netherlands Metal Forging Market (in US$ Million), 2020-2034
- Figure 45: North America Metal Forging Market (in US$ Million), 2020-2024
- Figure 46: North America Metal Forging Market (in US$ Million), 2025-2034
- Figure 47: North America Metal Forging Market by Country (in %), 2024 & 2034
- Figure 48: United States Metal Forging Market (in US$ Million), 2020-2034
- Figure 49: Canada Metal Forging Market (in US$ Million), 2020-2034
- Figure 50: Asia Pacific Metal Forging Market (in US$ Million), 2020-2024
- Figure 51: Asia Pacific Metal Forging Market (in US$ Million), 2025-2034
- Figure 52: Asia Pacific Metal Metal Forging by Country (in %), 2024 & 2034
- Figure 53: China Metal Forging Market (in US$ Million), 2020-2034
- Figure 54: Japan Metal Forging Market (in US$ Million), 2020-2034
- Figure 55: India Metal Forging Market (in US$ Million), 2020-2034
- Figure 56: South Korea Metal Forging Market (in US$ Million), 2020-2034
- Figure 57: Australia Metal Forging Market (in US$ Million), 2020-2034
- Figure 58: Indonesia Metal Forging Market (in US$ Million), 2020-2034
- Figure 59: Latin America Metal Forging Market (in US$ Million), 2020-2024
- Figure 60: Latin America Metal Forging Market (in US$ Million), 2025-2034
- Figure 61: Latin America Metal Forging Market by Country (in %), 2024 & 2034
- Figure 62: Mexico Metal Forging Market (in US$ Million), 2020-2034
- Figure 63: Brazil Metal Forging Market (in US$ Million), 2020-2034
- Figure 64: Argentina Metal Forging Market (in US$ Million), 2020-2034
- Figure 65: Middle East & Africa Metal Forging Market (in US$ Million), 2020-2024
- Figure 66: Middle East & Africa Metal Forging Market (in US$ Million), 2025-2034
- Figure 67: Middle East & Africa Metal Forging Market by Country (in %), 2024 & 2034
- Figure 68: Saudi Arabia Metal Forging Market (in US$ Million), 2020-2034
- Figure 69: Turkey Metal Forging Market (in US$ Million), 2020-2034
- Figure 70: Iran Metal Forging Market (in US$ Million), 2020-2034
- Figure 71: UAE Metal Forging Market (in US$ Million), 2020-2034
- Figure 72: Market Value Chain
- List of Tables
- Table 1: Global Metal Forging Market Portraiture
- Table 2: Global Metal Forging Market by Raw Material (in US$ Million), 2024 & 2034
- Table 3: Global Metal Forging Market by Application (in US$ Million), 2024 & 2034
- Table 4: Global Metal Forging Market by Region (in US$ Million), 2024 & 2034
- Table 5: Europe Metal Forging Market by Country (in US$ Million), 2024 & 2034
- Table 6: North America Metal Forging Market by Country (in US$ Million), 2024 & 2034
- Table 7: Asia Pacific Metal Forging Market by Country (in US$ Million), 2024 & 2034
- Table 8: Latin America Metal Forging Market by Country (in US$ Million), 2024 & 2034
- Table 9: Middle East & Africa Metal Forging Market by Country (in US$ Million), 2024 & 2034
- Table 10: List of Key Players
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook