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Forging Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Techniques, Materials, and Industries- Product Image
Forging Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Techniques, Materials, and Industries- Product Image
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Forging Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Techniques, Materials, and Industries

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    Report

  • February 2021
  • Region: Global
  • The Insight Partners
  • ID: 5308759
UP TO OFF until Jun 30th 2024
Description Jump to:
The forging market was valued at US$ 72,890.07 million in 2019 and it is projected to reach US$ 100,404.83 million by 2027; it is expected to grow at a CAGR of 4.08% from 2019 to 2027.



Increasing use of forged steel in the automotive industry and advantage of forging over other fabrication techniques are driving the global forging market. However, availability of cheaper alternative processes is hampering the growth of the global forging market. Despite limitations, innovations in forging equipment & process and improving economic conditions are among the major factors anticipated to bolster the growth of the forging market during the forecast period.

Benefit of the forging process over other fabrication techniques is fueling the forging market growth. The forging process results in the structural modification of metals. The heated metals change mechanically to make the desired products under controlled conditions, which have uniform grain size and flow characteristics. This results in the refinement of forged metals and reduction of porosity. As a consequence, the obtained final product has superior metallurgical and mechanical characteristics as well as improved directional strength. Further, forging techniques also enhance structural integrity, which ensures optimum performance under field conditions per part or component. The forging process makes the metal ductile and tough, and imparts it a capability to withstand fatigue, while providing the grain flow with uniformity.

The emergence and rapid spread of the novel coronavirus has adversely affected numerous developed and developing countries across the world. The continuous surge in the count of COVID-19 patients is threatening several industries worldwide. It is becoming apparent with the COVID-19 pandemic spreading across the US that few can escape its scope, presenting significant challenges to all industries. This had temporarily closed down all production plants across all industries and has affected the supply chain and logistics industry of the country adversely. Owing to nationwide lockdown across major economies, such as the US and Canada, the supply chain of major techniques of forging was adversely affected, thereby impacted the manufacturing of the same.

The forging market is segmented into techniques, materials, and industries. Based on techniques, the forging market is further segmented into closed die forging, open die forging, and seamless forging. In 2019, the closed die forging segment accounted for a significant share in the global forging market. Based on materials, the forging market is further segmented into nickel-based alloys, titanium alloys, aluminum alloys, steel alloys, and others. In 2019, the steel alloys segment accounted for a significant share in the global forging market. Based on industries, the forging market is further segmented into automotive, aerospace, railway, heavy equipment, and wind power. In 2019, the automotive segment accounted for a significant share in the global forging market.

The overall forging market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the forging market with respect to all the segments. It also provides the overview and forecast for the global forging market based on all the segmentation provided with respect to five major regions North America, Europe, Asia Pacific, Middle East & Africa, and South America. Also, primary interviews were conducted with industry participants and commentators to validate data and gain more analytical insights into the topic. The participants who typically take part in such a process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants, such as valuation experts, research analysts, and key opinion leaders specializing in the forging market.

Major players operating in the global forging market include Alcoa Corporation; All Metals & Forge Group; CFS Machinery Co., Ltd; Consolidated Industries, Inc.; Farinia Group; Fountaintown Forge, Inc.; Pacific Forge Incorporated; Patriot Forge Co.; Precision Castparts Corp.; and Scot Forge.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Forging Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America - PEST Analysis
4.2.2 Europe - PEST Analysis
4.2.3 Asia Pacific - PEST Analysis
4.2.4 Middle East and Africa - PEST Analysis
4.2.5 South America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
4.5 Premium Insights
4.5.1 Information on 3D Metal Printing
4.5.2 Volumetric Analysis of Forging Industry by Country
4.5.3 Pricing Analysis
5. Forging Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Use of Forged Steel in Automotive Industry
5.1.2 Advantage of Forging over Other Fabrication Techniques
5.2 Market Restraints
5.2.1 Availability of Cheaper Alternative Processes
5.3 Market Opportunities
5.3.1 Innovations in Forging Equipment & Process and Improving Economic Conditions
5.4 Future Trends
5.4.1 Developments in Robotics
5.5 Impact Analysis of Drivers and Restraints
6. Forging Market - Global Market Analysis
6.1 Global Forging Market Overview
6.2 Forging Market - Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning - Five Key Players
7. Forging Market Analysis - By Techniques
7.1 Overview
7.2 Forging Market, By Techniques (2019 and 2027)
7.3 Closed Die Forging
7.3.1 Overview
7.3.2 Closed Die Forging: Forging Market - Revenue and Forecast to 2027 (US$ Million)
7.4 Open Die Forging
7.4.1 Overview
7.4.2 Open Die Forging: Forging Market - Revenue and Forecast to 2027 (US$ Million)
7.5 Seamless Forging
7.5.1 Overview
7.5.2 Seamless Forging: Forging Market - Revenue and Forecast to 2027 (US$ Million)
8. Forging Market Analysis - By Material
8.1 Overview
8.2 Forging Market Breakdown, by Materials, 2019 and 2027
8.3 Nickel-Based Alloys
8.3.1 Overview
8.3.2 Nickel-Based Alloys Market Revenue and Forecast to 2027 (US$ Million)
8.4 Titanium Alloys
8.4.1 Overview
8.4.2 Titanium Alloys Market Revenue and Forecast to 2027 (US$ Million)
8.5 Aluminum Alloys
8.5.1 Overview
8.5.2 Aluminum Alloys Market Revenue and Forecast to 2027 (US$ Million)
8.6 Steel Alloys
8.6.1 Overview
8.6.2 Steel Alloys Market Revenue and Forecast to 2027 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others Market Revenue and Forecast to 2027 (US$ Million)
9. Forging Market Analysis - By Industry
9.1 Overview
9.2 Forging Market Breakdown, by Industry, 2019 and 2027
9.3 Automotive
9.3.1 Overview
9.3.2 Automotive Market Revenue and Forecast to 2027 (US$ Million)
9.4 Aerospace
9.4.1 Overview
9.4.2 Aerospace Market Revenue and Forecast to 2027 (US$ Million)
9.5 Railway
9.5.1 Overview
9.5.2 Railway Market Revenue and Forecast to 2027 (US$ Million)
9.6 Heavy Equipment
9.6.1 Overview
9.6.2 Heavy Equipment Market Revenue and Forecast to 2027 (US$ Million)
9.7 Wind Power
9.7.1 Overview
9.7.2 Wind Power Market Revenue and Forecast to 2027 (US$ Million)
10. Forging Market - Geographic Analysis
10.1 Overview
10.2 North America: Forging Market
10.2.1 North America: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.2.2 North America: Forging Market, by Techniques
10.2.3 North America: Forging Market, by Materials
10.2.4 North America: Forging Market, by Industries
10.2.5 North America: Forging Market, by Key Country
10.2.5.1 US: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.2.5.1.1 US: Forging Market, by Techniques
10.2.5.1.2 US: Forging Market, by Materials
10.2.5.1.3 US: Forging Market, by Industries
10.2.5.2 Canada: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.2.5.2.1 Canada: Forging Market, by Techniques
10.2.5.2.2 Canada: Forging Market, by Materials
10.2.5.2.3 Canada: Forging Market, by Industries
10.2.5.3 Mexico: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.2.5.3.1 Mexico: Forging Market, by Techniques
10.2.5.3.2 Mexico: Forging Market, by Materials
10.2.5.3.3 Mexico: Forging Market, by Industries
10.3 Europe: Forging Market
10.3.1 Europe: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.3.2 Europe: Forging Market, by Techniques
10.3.3 Europe: Forging Market, by Materials
10.3.4 Europe: Forging Market, by Industries
10.3.5 Europe: Forging Market, by Key Country
10.3.5.1 France: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.3.5.1.1 France: Forging Market, by Techniques
10.3.5.1.2 France: Forging Market, by Materials
10.3.5.1.3 France: Forging Market, by Industries
10.3.5.2 Germany: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.3.5.2.1 Germany: Forging Market, by Techniques
10.3.5.2.2 Germany: Forging Market, by Materials
10.3.5.2.3 Germany: Forging Market, by Industries
10.3.5.3 Italy: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.3.5.3.1 Italy: Forging Market, by Techniques
10.3.5.3.2 Italy: Forging Market, by Materials
10.3.5.3.3 Italy: Forging Market, by Industries
10.3.5.4 UK: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.3.5.4.1 UK: Forging Market, by Techniques
10.3.5.4.2 UK: Forging Market, by Materials
10.3.5.4.3 UK: Forging Market, by Industries
10.3.5.5 Russia: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.3.5.5.1 Russia: Forging Market, by Techniques
10.3.5.5.2 Russia: Forging Market, by Materials
10.3.5.5.3 Russia: Forging Market, by Industries
10.3.5.6 Rest of Europe: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.3.5.6.1 Rest of Europe: Forging Market, by Techniques
10.3.5.6.2 Rest of Europe: Forging Market, by Materials
10.3.5.6.3 Rest of Europe: Forging Market, by Industries
10.4 APAC: Forging Market
10.4.1 APAC: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.4.2 APAC: Forging Market, by Techniques
10.4.3 APAC: Forging Market, by Materials
10.4.4 APAC: Forging Market, by Industries
10.4.5 APAC: Forging Market, by Key Country
10.4.5.1 Australia: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.4.5.1.1 Australia: Forging Market, by Techniques
10.4.5.1.2 Australia: Forging Market, by Materials
10.4.5.1.3 Australia: Forging Market, by Industries
10.4.5.2 China: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.4.5.2.1 China: Forging Market, by Techniques
10.4.5.2.2 China: Forging Market, by Materials
10.4.5.2.3 China: Forging Market, by Industries
10.4.5.3 India: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.4.5.3.1 India: Forging Market, by Techniques
10.4.5.3.2 India: Forging Market, by Materials
10.4.5.3.3 India: Forging Market, by Industries
10.4.5.4 Japan: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.4.5.4.1 Japan: Forging Market, by Techniques
10.4.5.4.2 Japan: Forging Market, by Materials
10.4.5.4.3 Japan: Forging Market, by Industries
10.4.5.5 South Korea: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.4.5.5.1 South Korea: Forging Market, by Techniques
10.4.5.5.2 South Korea: Forging Market, by Materials
10.4.5.5.3 South Korea: Forging Market, by Industries
10.4.5.6 Rest of APAC: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.4.5.6.1 Rest of APAC: Forging Market, by Techniques
10.4.5.6.2 Rest of APAC: Forging Market, by Materials
10.4.5.6.3 Rest of APAC: Forging Market, by Industries
10.5 MEA: Forging Market
10.5.1 MEA: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.5.2 MEA: Forging Market, by Techniques
10.5.3 MEA: Forging Market, by Materials
10.5.4 MEA: Forging Market, by Industries
10.5.5 MEA: Forging Market, by Key Country
10.5.5.1 South Africa: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.5.5.1.1 South Africa: Forging Market, by Techniques
10.5.5.1.2 South Africa: Forging Market, by Materials
10.5.5.1.3 South Africa: Forging Market, by Industries
10.5.5.2 Saudi Arabia: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.5.5.2.1 Saudi Arabia: Forging Market, by Techniques
10.5.5.2.2 Saudi Arabia: Forging Market, by Materials
10.5.5.2.3 Saudi Arabia: Forging Market, by Industries
10.5.5.3 UAE: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.5.5.3.1 UAE: Forging Market, by Techniques
10.5.5.3.2 UAE: Forging Market, by Materials
10.5.5.3.3 UAE: Forging Market, by Industries
10.5.5.4 Rest of MEA: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.5.5.4.1 Rest of MEA: Forging Market, by Techniques
10.5.5.4.2 Rest of MEA: Forging Market, by Materials
10.5.5.4.3 Rest of MEA: Forging Market, by Industries
10.6 SAM: Forging Market
10.6.1 SAM: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.6.2 SAM: Forging Market, by Techniques
10.6.3 SAM: Forging Market, by Materials
10.6.4 SAM: Forging Market, by Industries
10.6.5 SAM: Forging Market, by Key Country
10.6.5.1 Brazil: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.6.5.1.1 Brazil: Forging Market, by Techniques
10.6.5.1.2 Brazil: Forging Market, by Materials
10.6.5.1.3 Brazil: Forging Market, by Industries
10.6.5.2 Argentina: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.6.5.2.1 Argentina: Forging Market, by Techniques
10.6.5.2.2 Argentina: Forging Market, by Materials
10.6.5.2.3 Argentina: Forging Market, by Industries
10.6.5.3 Rest of SAM: Forging Market - Revenue and Forecast to 2027 (US$ Million)
10.6.5.3.1 Rest of SAM: Forging Market, by Techniques
10.6.5.3.2 Rest of SAM: Forging Market, by Materials
10.6.5.3.3 Rest of SAM: Forging Market, by Industries
11. Impact of COVID-19 Pandemic on Global Forging Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
11.2 Europe: Impact Assessment of COVID-19 Pandemic
11.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11.5 South America Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
13. Company Profiles
13.1 Alcoa Corporation
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 All Metals & Forge Group
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 CFS Machinery Co., Ltd
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Consolidated Industries, Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Farinia Group
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Fountaintown Forge, Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Pacific Forge Incorporated
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Patriot Forge Co.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Precision Castparts Corp.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Scot Forge
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About the Publisher
14.2 Word Index
List of Tables
Table 1. Forging Market - Revenue and Forecast to 2027 (US$ Million)
Table 2. North America: Forging Market, by Techniques - Revenue and Forecast to 2027 (US$ Million)
Table 3. North America: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 4. North America: Forging Market, by Industries - Revenue and Forecast to 2027 (US$ Million)
Table 5. North America Forging Market, by Country - Revenue and Forecast to 2027 (USD Million)
Table 6. US: Forging Market, by Techniques -Revenue and Forecast to 2027 (US$ Million)
Table 7. US: Forging Market, by Materials -Revenue and Forecast to 2027 (US$ Million)
Table 8. US: Forging Market, by Industries -Revenue and Forecast to 2027 (US$ Million)
Table 9. Canada: Forging Market, by Techniques - Revenue and Forecast to 2027 (US$ Million)
Table 10. Canada: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 11. Canada: Forging Market, by Industries - Revenue and Forecast to 2027 (US$ Million)
Table 12. Mexico: Forging Market, by Techniques - Revenue and Forecast to 2027 (US$ Million)
Table 13. Mexico: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 14. Mexico: Forging Market, by Industries - Revenue and Forecast to 2027 (US$ Million)
Table 15. Europe: Forging Market, by Techniques- Revenue and Forecast to 2027 (US$ Million)
Table 16. Europe: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 17. Europe: Forging Market, by Industries- Revenue and Forecast to 2027 (US$ Million)
Table 18. Europe Forging Market, by Country - Revenue and Forecast to 2027 (USD Million)
Table 19. France: Forging Market, by Techniques - Revenue and Forecast to 2027 (US$ Million)
Table 20. France: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 21. France: Forging Market, by Industries - Revenue and Forecast to 2027 (US$ Million)
Table 22. Germany: Forging Market, by Techniques - Revenue and Forecast to 2027 (US$ Million)
Table 23. Germany: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 24. Germany: Forging Market, by Industries - Revenue and Forecast to 2027 (US$ Million)
Table 25. Italy: Forging Market, by Techniques - Revenue and Forecast to 2027 (US$ Million)
Table 26. Italy: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 27. Italy: Forging Market, by Industries - Revenue and Forecast to 2027 (US$ Million)
Table 28. UK: Forging Market, by Techniques - Revenue and Forecast to 2027 (US$ Million)
Table 29. UK: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 30. UK: Forging Market, by Industries - Revenue and Forecast to 2027 (US$ Million)
Table 31. Russia: Forging Market, by Techniques - Revenue and Forecast to 2027 (US$ Million)
Table 32. Russia: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 33. Russia: Forging Market, by Industries - Revenue and Forecast to 2027 (US$ Million)
Table 34. Rest of Europe: Forging Market, by Techniques - Revenue and Forecast to 2027 (US$ Million)
Table 35. Rest of Europe: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 36. Rest of Europe: Forging Market, by Industries - Revenue and Forecast to 2027 (US$ Million)
Table 37. APAC: Forging Market, by Techniques - Revenue and Forecast to 2027 (US$ Million)
Table 38. APAC: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 39. APAC: Forging Market, by Industries - Revenue and Forecast to 2027 (US$ Million)
Table 40. APAC Forging Market, by Country - Revenue and Forecast to 2027 (USD Million)
Table 41. Australia: Forging Market, by Techniques - Revenue and Forecast to 2027 (US$ Million)
Table 42. Australia: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 43. Australia: Forging Market, by Industries - Revenue and Forecast to 2027 (US$ Million)
Table 44. China: Forging Market, by Techniques - Revenue and Forecast to 2027 (US$ Million)
Table 45. China: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 46. China: Forging Market, by Industries - Revenue and Forecast to 2027 (US$ Million)
Table 47. India: Forging Market, by Techniques - Revenue and Forecast to 2027 (US$ Million)
Table 48. India: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 49. India: Forging Market, by Industries - Revenue and Forecast to 2027 (US$ Million)
Table 50. Japan: Forging Market, by Techniques - Revenue and Forecast to 2027 (US$ Million)
Table 51. Japan: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 52. Japan: Forging Market, by Industries - Revenue and Forecast to 2027 (US$ Million)
Table 53. South Korea: Forging Market, by Techniques - Revenue and Forecast to 2027 (US$ Million)
Table 54. South Korea: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 55. South Korea: Forging Market, by Industries - Revenue and Forecast to 2027 (US$ Million)
Table 56. Rest of APAC: Forging Market, by Techniques - Revenue and Forecast to 2027 (US$ Million)
Table 57. Rest of APAC: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 58. Rest of APAC: Forging Market, by Industries - Revenue and Forecast to 2027 (US$ Million)
Table 59. MEA: Forging Market, by Techniques- Revenue and Forecast to 2027 (US$ Million)
Table 60. MEA: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 61. MEA: Forging Market, by Industries - Revenue and Forecast to 2027 (US$ Million)
Table 62. MEA Forging Market, by Country - Revenue and Forecast to 2027 (USD Million)
Table 63. South Africa: Forging Market, by Techniques - Revenue and Forecast to 2027 (US$ Million)
Table 64. South Africa: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 65. South Africa: Forging Market, by Industries - Revenue and Forecast to 2027 (US$ Million)
Table 66. South Africa: Forging Market, by Techniques - Revenue and Forecast to 2027 (US$ Million)
Table 67. South Africa: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 68. South Africa: Forging Market, by Industries - Revenue and Forecast to 2027 (US$ Million)
Table 69. UAE: Forging Market, by Techniques - Revenue and Forecast to 2027 (US$ Million)
Table 70. UAE: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 71. UAE: Forging Market, by Industries - Revenue and Forecast to 2027 (US$ Million)
Table 72. Rest of MEA: Forging Market, by Techniques - Revenue and Forecast to 2027 (US$ Million)
Table 73. Rest of MEA: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 74. Rest of MEA: Forging Market, by Industries - Revenue and Forecast to 2027 (US$ Million)
Table 75. SAM: Forging Market, by Techniques- Revenue and Forecast to 2027 (US$ Million)
Table 76. SAM: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 77. SAM: Forging Market, by Industries- Revenue and Forecast to 2027 (US$ Million)
Table 78. SAM Forging Market, by Country - Revenue and Forecast to 2027 (USD Million)
Table 79. Brazil: Forging Market, by Techniques - Revenue and Forecast to 2027 (US$ Million)
Table 80. Brazil: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 81. Brazil: Forging Market, by Industries - Revenue and Forecast to 2027 (US$ Million)
Table 82. Argentina: Forging Market, by Techniques - Revenue and Forecast to 2027 (US$ Million)
Table 83. Argentina: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 84. Argentina: Forging Market, by Industries - Revenue and Forecast to 2027 (US$ Million)
Table 85. Rest of SAM: Forging Market, by Techniques - Revenue and Forecast to 2027 (US$ Million)
Table 86. Rest of SAM: Forging Market, by Materials - Revenue and Forecast to 2027 (US$ Million)
Table 87. Rest of SAM: Forging Market, by Industries - Revenue and Forecast to 2027 (US$ Million)
Table 88. List of Abbreviation
List of Figures
Figure 1. Forging Market Segmentation
Figure 2. Forging Market Segmentation - By Geography
Figure 3. Global Forging Market Overview
Figure 4. Closed Die Forging Segment to Show Remarkable Traction During Forecast Period
Figure 5. Nickel-based Alloys Segment to Show Remarkable Growth During Forecast Period
Figure 6. Wind Power Segment to Show Remarkable Growth During Forecast Period
Figure 7. APAC Held Largest Share of Global Forging Market
Figure 8. North America - PEST Analysis
Figure 9. Europe - PEST Analysis
Figure 10. Asia Pacific - PEST Analysis
Figure 11. Middle East and Africa - PEST Analysis
Figure 12. SAM - PEST Analysis
Figure 13. Ecosystem Analysis
Figure 14. Expert Opinion
Figure 15. Forging Market Impact Analysis of Drivers and Restraints
Figure 16. Geographic Overview of Forging Market
Figure 17. Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 18. Forging Market Revenue Share, by Techniques (2019 and 2027)
Figure 19. Closed Die Forging: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 20. Open Die Forging: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 21. Seamless Forging: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 22. Electronic Filter Market Breakdown, by Materials (2019 and 2027)
Figure 23. Nickel-Based Alloys Market Revenue and Forecast to 2027(US$ Million)
Figure 24. Titanium Alloys Market Revenue and Forecast to 2027(US$ Million)
Figure 25. Aluminum Alloys Market Revenue and Forecast to 2027(US$ Million)
Figure 26. Steel Alloys Market Revenue and Forecast to 2027(US$ Million)
Figure 27. Others Market Revenue and Forecast to 2027(US$ Million)
Figure 28. Forging Market Breakdown, by Application (2019 and 2027)
Figure 29. Automotive Market Revenue and Forecast to 2027(US$ Million)
Figure 30. Aerospace Market Revenue and Forecast to 2027(US$ Million)
Figure 31. Railway Market Revenue and Forecast to 2027(US$ Million)
Figure 32. Heavy Equipment Market Revenue and Forecast to 2027(US$ Million)
Figure 33. Wind Power Market Revenue and Forecast to 2027(US$ Million)
Figure 34. Global Forging Market Revenue Share, by Region (2019 and 2027)
Figure 35. North America: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 36. North America: Forging Market Revenue Share, by Techniques (2019 and 2027)
Figure 37. North America: Forging Market Revenue Share, by Materials (2019 and 2027)
Figure 38. North America: Forging Market Revenue Share, by Industries (2019 and 2027)
Figure 39. North America: Forging Market Revenue Share, by Key Country (2019 and 2027)
Figure 40. US: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 41. Canada: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 42. Mexico: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 43. Europe: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 44. Europe: Forging Market Revenue Share, by Techniques (2019 and 2027)
Figure 45. Europe: Forging Market Revenue Share, by Materials (2019 and 2027)
Figure 46. Europe: Forging Market Revenue Share, by Industries (2018 and 2027)
Figure 47. Europe: Forging Market Revenue Share, by Key Country (2019 and 2027)
Figure 48. France: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 49. Germany: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 50. Italy: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 51. UK: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 52. Russia: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 53. Rest of Europe: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 54. APAC: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 55. APAC: Forging Market Revenue Share, by Techniques (2019 and 2027)
Figure 56. APAC: Forging Market Revenue Share, by Materials (2019 and 2027)
Figure 57. APAC: Forging Market Revenue Share, by Industries (2018 and 2027)
Figure 58. APAC: Forging Market Revenue Share, by Key Country (2019 and 2027)
Figure 59. Australia: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 60. China: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 61. India: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 62. Japan: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 63. South Korea: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 64. Rest of APAC: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 65. MEA: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 66. MEA: Forging Market Revenue Share, by Techniques (2019 and 2027)
Figure 67. MEA: Forging Market Revenue Share, by Materials (2019 and 2027)
Figure 68. MEA: Forging Market Revenue Share, by Industries (2018 and 2027)
Figure 69. MEA: Forging Market Revenue Share, by Key Country (2019 and 2027)
Figure 70. South Africa: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 71. Saudi Arabia: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 72. UAE: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 73. Rest of MEA: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 74. SAM: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 75. SAM: Forging Market Revenue Share, by Techniques (2019 and 2027)
Figure 76. SAM: Forging Market Revenue Share, by Materials (2019 and 2027)
Figure 77. SAM: Forging Market Revenue Share, by Industries (2018 and 2027)
Figure 78. SAM: Forging Market Revenue Share, by Key Country (2019 and 2027)
Figure 79. Brazil: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 80. Argentina: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 81. Rest of SAM: Forging Market - Revenue and Forecast to 2027 (US$ Million)
Figure 82. Impact of COVID-19 Pandemic in North American Country Markets
Figure 83. Impact of COVID-19 Pandemic in European Country Markets
Figure 84. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 85. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 86. Impact of COVID-19 Pandemic in South America Country Markets

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Alcoa Corporation
  • All Metals & Forge Group
  • CFS Machinery Co., Ltd
  • Consolidated Industries, Inc.
  • Farinia Group
  • Fountaintown Forge, Inc.
  • Pacific Forge Incorporated
  • Patriot Forge Co.
  • Precision Castparts Corp.
  • Scot Forge

Table Information

Report AttributeDetails
PublishedFebruary 2021
Forecast Period2019 - 2027
Estimated Market Value ( USD ) in 2019 $ 72890.07 Million
Forecasted Market Value ( USD ) by 2027 $ 100404.83 Million
Compound Annual Growth Rate4.0%
Regions CoveredGlobal

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