FEATURED COMPANIES
- Alcoa Corporation
- Bharat Forge Limited
- Doncasters Group
- Magna International Inc.
- SeAH Besteel Corporation
- Sumitomo Corporation
Global Metal Stampings, Forgings, and Castings Market to Reach $563.2 Billion by 2027
Amid the COVID-19 crisis, the global market for Metal Stampings, Forgings, and Castings estimated at US$397.7 Billion in the year 2020, is projected to reach a revised size of US$563.2 Billion by 2027, growing at a CAGR of 5.1% over the analysis period 2020-2027. Ferro-Alloy Castings, one of the segments analyzed in the report, is projected to record a 5.9% CAGR and reach US$219.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Ferrous Metal Castings segment is readjusted to a revised 5.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $72 Billion, While China is Forecast to Grow at 6.9% CAGR
The Metal Stampings, Forgings, and Castings market in the U.S. is estimated at US$72 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$201.8 Billion by the year 2027 trailing a CAGR of 6.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 3.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.
Metal Stampings Segment to Record 4% CAGR
In the global Metal Stampings segment, USA, Canada, Japan, China and Europe will drive the 3.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$104.1 Billion in the year 2020 will reach a projected size of US$134.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$64.4 Billion by the year 2027, while Latin America will expand at a 3.8% CAGR through the analysis period.
Select Competitors (Total 682 Featured) -
- Alcoa Corporation
- Aludyne, Inc.
- American Axle & Manufacturing, Inc.
- Bharat Forge Limited
- DAYTON Lamina Corporation
- Doncasters Group
- Georg Fischer Ltd.
- Interplex Holdings Pte. Ltd.
- Magna International Inc.
- Meridian Lightweight Technologies
- Precision Castparts Corp.
- SeAH Besteel Corporation
- Shiloh Industries Inc.
- Sumitomo Corporation
- Voestalpine AG
- Worthington Industries
Frequently Asked Questions about the Global Market for Metal Stampings, Forgings, and Castings
What is the estimated value of the Global Market for Metal Stampings, Forgings, and Castings?
What is the growth rate of the Global Market for Metal Stampings, Forgings, and Castings?
What is the forecasted size of the Global Market for Metal Stampings, Forgings, and Castings?
Who are the key companies in the Global Market for Metal Stampings, Forgings, and Castings?
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Alcoa Corporation
- Bharat Forge Limited
- Doncasters Group
- Magna International Inc.
- SeAH Besteel Corporation
- Sumitomo Corporation
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
BRAZIL
MEXICO
REST OF LATIN AMERICA
REST OF WORLD
IV. COMPETITION
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- Alcoa Corporation
- Aludyne, Inc.
- American Axle & Manufacturing, Inc.
- Bharat Forge Limited
- DAYTON Lamina Corporation
- Doncasters Group
- Georg Fischer Ltd.
- Interplex Holdings Pte. Ltd.
- Magna International Inc.
- Meridian Lightweight Technologies
- Precision Castparts Corp.
- SeAH Besteel Corporation
- Shiloh Industries Inc.
- Sumitomo Corporation
- Voestalpine AG
- Worthington Industries
Note: Product cover images may vary from those shown