The forged and stamped goods market size has grown steadily in recent years. It will grow from $290.3 billion in 2025 to $302.1 billion in 2026 at a compound annual growth rate (CAGR) of 4.1%. The growth in the historic period can be attributed to growth of automotive and construction sectors, rising industrialization, adoption of carbon and alloy steel forgings, increasing metal stamping for consumer goods, expansion of machinery and metal products industries.
The forged and stamped goods market size is expected to see steady growth in the next few years. It will grow to $367.01 billion in 2030 at a compound annual growth rate (CAGR) of 5%. The growth in the forecast period can be attributed to rising demand for lightweight aluminum and titanium forgings, growth in electrical and industrial stamped parts, increased focus on custom roll formed goods, adoption of advanced powder metallurgy techniques, expansion of closures and packaging applications. Major trends in the forecast period include adoption of iron and steel forged goods, increasing use of nonferrous forged goods, expansion of custom roll formed goods, growth in powder metallurgy parts manufacturing, rising demand for metal crowns and closures.
The anticipated growth in aircraft manufacturing, driven by the increasing demand for both international and domestic air travel, as well as rising government defense budgets, is expected to boost the demand for forged and stamped goods. Many countries are increasing their defense budgets to enhance their ability to respond to global crises, incorporating advanced technology across areas like ammunition, aircraft, and helicopters to prepare for emergencies. For example, in January 2023, the US President requested $772 billion for the Department of Defense, with the 2023 Future Years Defense Program (FYDP) projecting a 1.5% increase in the budget to $784 billion in 2024. The rise in defense budgets and the production of commercial aircraft will drive the demand for forged metal components during the forecast period, fueling the growth of the overall forged and stamped goods market.
Key players in the forged and stamped goods market are concentrating on developing advanced products, such as high-strength forged components, to meet the rising demand for durable and lightweight materials across various industries. High-strength forged products are made through the forging process, offering improved mechanical properties like increased tensile strength and resistance to deformation. For example, in June 2024, Hilton Metal Forging Ltd., an India-based iron and steel forging company, introduced wagon axles for railway wagons. These axles have an annual production capacity of 48,000 wheels, helping address the growing demand in the railway sector amid a supply shortage. Designed to meet rigorous quality standards, the wagon axles ensure durability and reliability for safe and efficient goods transportation. This product launch is part of Hilton's broader strategy to expand its presence in the domestic railway market, including plans to secure funding to boost production capabilities. By utilizing advanced forging techniques, the company improves the strength and performance of these axles, making them ideal for handling heavy railway loads.
In June 2024, Super Screws Private Limited, an India-based provider of engineering and manufacturing solutions for fasteners and industrial components, entered into a partnership with Mitsuchi Corporation of Japan to establish a joint venture for cold forged parts manufacturing in India. Through this collaboration, the companies aim to strengthen their engineering capabilities, accelerate localization, and expand market reach for high-quality cold forged parts, serving both the Indian market and global exports. Mitsuchi Corporation, based in Japan, specializes in advanced cold forged fasteners and related technologies.
Major companies operating in the forged and stamped goods market report are ArcelorMittal S.A., Berkshire Hathaway Inc., Thyssenkrupp AG, American Axle & Manufacturing Inc., Kobe Steel Ltd., Bharat Forge Limited, Illinois Tool Works Inc., Fine Sinter Co. Ltd., CITIC Heavy Industries Co. Ltd., Allegheny Technologies Incorporated, PCC Structurals Inc., Smith & Wesson Precision Components, Ferralloy Inc., McKees Rocks Forgings Inc., All Metals & Forge Group LLC, Forge Resources Group, Atlas Bronze, Ken Forging Inc., Cornell Forge Co., Moline Forge, Patriot Forge Co., GMP Metal Products, Ellwood Group, Scot Forge, Anchor Harvey, SIFCO Industries Inc., Queen City Forging Company, Walker Forge Tennessee LLC, Weldaloy Products Company, Bourdon Forge Company, Precision Castparts, Sintavia LLC, Sintex A/S, The Federal Group USA, Carpathian Industries LLC.
Asia-Pacific was the largest region in the forged and stamped goods market in 2025. Western Europe was the second-largest region in the forged and stamped goods market. The regions covered in the forged and stamped goods market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the forged and stamped goods market are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The forged and stamped market consists of sales of carbon steel forged goods, aluminium forged goods, copper forged goods, and brass forged goods. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
The forged and stamped goods market size is expected to see steady growth in the next few years. It will grow to $367.01 billion in 2030 at a compound annual growth rate (CAGR) of 5%. The growth in the forecast period can be attributed to rising demand for lightweight aluminum and titanium forgings, growth in electrical and industrial stamped parts, increased focus on custom roll formed goods, adoption of advanced powder metallurgy techniques, expansion of closures and packaging applications. Major trends in the forecast period include adoption of iron and steel forged goods, increasing use of nonferrous forged goods, expansion of custom roll formed goods, growth in powder metallurgy parts manufacturing, rising demand for metal crowns and closures.
The anticipated growth in aircraft manufacturing, driven by the increasing demand for both international and domestic air travel, as well as rising government defense budgets, is expected to boost the demand for forged and stamped goods. Many countries are increasing their defense budgets to enhance their ability to respond to global crises, incorporating advanced technology across areas like ammunition, aircraft, and helicopters to prepare for emergencies. For example, in January 2023, the US President requested $772 billion for the Department of Defense, with the 2023 Future Years Defense Program (FYDP) projecting a 1.5% increase in the budget to $784 billion in 2024. The rise in defense budgets and the production of commercial aircraft will drive the demand for forged metal components during the forecast period, fueling the growth of the overall forged and stamped goods market.
Key players in the forged and stamped goods market are concentrating on developing advanced products, such as high-strength forged components, to meet the rising demand for durable and lightweight materials across various industries. High-strength forged products are made through the forging process, offering improved mechanical properties like increased tensile strength and resistance to deformation. For example, in June 2024, Hilton Metal Forging Ltd., an India-based iron and steel forging company, introduced wagon axles for railway wagons. These axles have an annual production capacity of 48,000 wheels, helping address the growing demand in the railway sector amid a supply shortage. Designed to meet rigorous quality standards, the wagon axles ensure durability and reliability for safe and efficient goods transportation. This product launch is part of Hilton's broader strategy to expand its presence in the domestic railway market, including plans to secure funding to boost production capabilities. By utilizing advanced forging techniques, the company improves the strength and performance of these axles, making them ideal for handling heavy railway loads.
In June 2024, Super Screws Private Limited, an India-based provider of engineering and manufacturing solutions for fasteners and industrial components, entered into a partnership with Mitsuchi Corporation of Japan to establish a joint venture for cold forged parts manufacturing in India. Through this collaboration, the companies aim to strengthen their engineering capabilities, accelerate localization, and expand market reach for high-quality cold forged parts, serving both the Indian market and global exports. Mitsuchi Corporation, based in Japan, specializes in advanced cold forged fasteners and related technologies.
Major companies operating in the forged and stamped goods market report are ArcelorMittal S.A., Berkshire Hathaway Inc., Thyssenkrupp AG, American Axle & Manufacturing Inc., Kobe Steel Ltd., Bharat Forge Limited, Illinois Tool Works Inc., Fine Sinter Co. Ltd., CITIC Heavy Industries Co. Ltd., Allegheny Technologies Incorporated, PCC Structurals Inc., Smith & Wesson Precision Components, Ferralloy Inc., McKees Rocks Forgings Inc., All Metals & Forge Group LLC, Forge Resources Group, Atlas Bronze, Ken Forging Inc., Cornell Forge Co., Moline Forge, Patriot Forge Co., GMP Metal Products, Ellwood Group, Scot Forge, Anchor Harvey, SIFCO Industries Inc., Queen City Forging Company, Walker Forge Tennessee LLC, Weldaloy Products Company, Bourdon Forge Company, Precision Castparts, Sintavia LLC, Sintex A/S, The Federal Group USA, Carpathian Industries LLC.
Asia-Pacific was the largest region in the forged and stamped goods market in 2025. Western Europe was the second-largest region in the forged and stamped goods market. The regions covered in the forged and stamped goods market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the forged and stamped goods market are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The forged and stamped market consists of sales of carbon steel forged goods, aluminium forged goods, copper forged goods, and brass forged goods. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Forged and Stamped Goods Market Characteristics
3. Forged and Stamped Goods Market Supply Chain Analysis
4. Global Forged and Stamped Goods Market Trends and Strategies
5. Forged and Stamped Goods Market Analysis of End Use Industries
7. Global Forged and Stamped Goods Strategic Analysis Framework, Current Market Size, Market Comparisons and Growth Rate Analysis
8. Global Forged and Stamped Goods Total Addressable Market (TAM) Analysis for the Market
9. Forged and Stamped Goods Market Segmentation
10. Forged and Stamped Goods Market Regional and Country Analysis
11. Asia-Pacific Forged and Stamped Goods Market
12. China Forged and Stamped Goods Market
13. India Forged and Stamped Goods Market
14. Japan Forged and Stamped Goods Market
15. Australia Forged and Stamped Goods Market
16. Indonesia Forged and Stamped Goods Market
17. South Korea Forged and Stamped Goods Market
18. Bangladesh Forged and Stamped Goods Market
19. Thailand Forged and Stamped Goods Market
20. Vietnam Forged and Stamped Goods Market
21. Malaysia Forged and Stamped Goods Market
22. Singapore Forged and Stamped Goods Market
23. Philippines Forged and Stamped Goods Market
24. Hong Kong Forged and Stamped Goods Market
25. New Zealand Forged and Stamped Goods Market
26. Taiwan Forged and Stamped Goods Market
27. South East Asia Forged and Stamped Goods Market
28. Western Europe Forged and Stamped Goods Market
29. UK Forged and Stamped Goods Market
30. Germany Forged and Stamped Goods Market
31. France Forged and Stamped Goods Market
32. Italy Forged and Stamped Goods Market
33. Spain Forged and Stamped Goods Market
34. Austria Forged and Stamped Goods Market
35. Belgium Forged and Stamped Goods Market
36. Denmark Forged and Stamped Goods Market
37. Finland Forged and Stamped Goods Market
38. Ireland Forged and Stamped Goods Market
39. Netherlands Forged and Stamped Goods Market
40. Norway Forged and Stamped Goods Market
41. Portugal Forged and Stamped Goods Market
42. Sweden Forged and Stamped Goods Market
42. Switzerland Forged and Stamped Goods Market
43. Eastern Europe Forged and Stamped Goods Market
44. Russia Forged and Stamped Goods Market
45. Czech Republic Forged and Stamped Goods Market
46. Poland Forged and Stamped Goods Market
47. Romania Forged and Stamped Goods Market
48. Ukraine Forged and Stamped Goods Market
49. North America Forged and Stamped Goods Market
50. USA Forged and Stamped Goods Market
51. Canada Forged and Stamped Goods Market
52. Mexico Forged and Stamped Goods Market
53. South America Forged and Stamped Goods Market
54. Brazil Forged and Stamped Goods Market
55. Chile Forged and Stamped Goods Market
56. Argentina Forged and Stamped Goods Market
57. Colombia Forged and Stamped Goods Market
58. Peru Forged and Stamped Goods Market
59. Middle East Forged and Stamped Goods Market
60. Saudi Arabia Forged and Stamped Goods Market
61. Israel Forged and Stamped Goods Market
62. Iran Forged and Stamped Goods Market
63. Turkey Forged and Stamped Goods Market
64. United Arab Emirates Forged and Stamped Goods Market
65. Africa Forged and Stamped Goods Market
66. Egypt Forged and Stamped Goods Market
67. Nigeria Forged and Stamped Goods Market
68. South Africa Forged and Stamped Goods Market
70. Forged and Stamped Goods Market Competitive Landscape and Company Profiles
71. Forged and Stamped Goods Market Other Major and Innovative Companies
74. Forged and Stamped Goods Market High Potential Countries, Segments and Strategies
75. Appendix
Executive Summary
Forged and Stamped Goods Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses forged and stamped goods market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase::
- Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
- Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on end user analysis.
- Benchmark performance against key competitors based on market share, innovation, and brand strength.
- Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for forged and stamped goods? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The forged and stamped goods market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Report Scope
Markets Covered:
1) By Type: Iron and Steel Forged Goods; Nonferrous Forged Goods; Other Types2) By Manufacturing Process: Closed Die Forging; Open Die Forging; Cold Forging; Hot Forging; Metal Stamping
3) By End User Industry: Automotive; Construction; Food and Beverage Packaging; Machinery; Metal Products; Other End User Industries
Subsegments:
1) By Iron and Steel Forged Goods: Carbon Steel Forgings; Alloy Steel Forgings; Stainless Steel Forgings; Tool Steel Forgings2) By Nonferrous Forged Goods: Aluminum Forgings; Copper Forgings; Brass Forgings; Titanium Forgings; Nickel-Based Alloy Forgings
3) By Other Types: Automotive Metal Stamped Parts; Industrial Metal Stamped Parts; Electrical Metal Stamped Parts; Consumer Goods Metal Stamped Parts
Companies Mentioned: ArcelorMittal S.a.; Berkshire Hathaway Inc.; Thyssenkrupp AG; American Axle & Manufacturing Inc.; Kobe Steel Ltd.; Bharat Forge Limited; Illinois Tool Works Inc.; Fine Sinter Co. Ltd.; CITIC Heavy Industries Co. Ltd.; Allegheny Technologies Incorporated; PCC Structurals Inc.; Smith & Wesson Precision Components; Ferralloy Inc.; McKees Rocks Forgings Inc.; All Metals & Forge Group LLC; Forge Resources Group; Atlas Bronze; Ken Forging Inc.; Cornell Forge Co.; Moline Forge; Patriot Forge Co.; GMP Metal Products; Ellwood Group; Scot Forge; Anchor Harvey; SIFCO Industries Inc.; Queen City Forging Company; Walker Forge Tennessee LLC; Weldaloy Products Company; Bourdon Forge Company; Precision Castparts; Sintavia LLC; Sintex a/S; the Federal Group USA; Carpathian Industries LLC
Countries: China; India; Japan; Australia; Indonesia; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; Taiwan; New Zealand; UK; Germany; France; Italy; Spain; Austria; Belgium; Denmark; Finland; Ireland; Netherlands; Norway; Portugal; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa.
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Forged and Stamped Goods market report include:- ArcelorMittal S.A.
- Berkshire Hathaway Inc.
- Thyssenkrupp AG
- American Axle & Manufacturing Inc.
- Kobe Steel Ltd.
- Bharat Forge Limited
- Illinois Tool Works Inc.
- Fine Sinter Co. Ltd.
- CITIC Heavy Industries Co. Ltd.
- Allegheny Technologies Incorporated
- PCC Structurals Inc.
- Smith & Wesson Precision Components
- Ferralloy Inc.
- McKees Rocks Forgings Inc.
- All Metals & Forge Group LLC
- Forge Resources Group
- Atlas Bronze
- Ken Forging Inc.
- Cornell Forge Co.
- Moline Forge
- Patriot Forge Co.
- GMP Metal Products
- Ellwood Group
- Scot Forge
- Anchor Harvey
- SIFCO Industries Inc.
- Queen City Forging Company
- Walker Forge Tennessee LLC
- Weldaloy Products Company
- Bourdon Forge Company
- Precision Castparts
- Sintavia LLC
- Sintex A/S
- The Federal Group USA
- Carpathian Industries LLC
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 302.1 Billion |
| Forecasted Market Value ( USD | $ 367.01 Billion |
| Compound Annual Growth Rate | 5.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 36 |
