Forging Market 2018 Global Trend, Segmentation And Opportunities Forecast To 2026

Forging -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2026

Forging Industry


Wiseguyreports.Com Adds “Forging -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2026” To Its Research Database

Global Forging Market is accounted for $67886.39 million in 2017 and is expected to reach $110575.16 billion by 2026 growing at a CAGR of 6.3% during the forecast period. Growing demand for ferrous metals, strong demand for high-strength metal components and cost effective method of metal forming are some key factors propelling the market growth. However, factors such as increasing usage of casting or stamping process, rising demand for plastics as a substitute and environmental rules & regulations are hampering the market growth. Moreover, use of renewable source of energy for forging provides huge growth opportunities for the market.

Forging refers to a process of shaping the material by applying compressive force manually by forging machines or with the use of power hammers. These forged parts include bolts, connecting rods, turbine shafts, crane hooks, hand tools, gears, and other components used in machine manufacturing. Forging process can be carried out on materials in either cold or hot state.

Amongst end user, automotive segment commanded considerable market share during the predicted period. Low fuel rates and interest rates are the factors growth of automotive industry of the forging market. By geography, Asia Pacific region is expected to register the maximum market share during the estimated period. Due to development in infrastructure, improvement in automotive and construction industries in the developing economies and recognition of the emerging country such as India as the manufacturing hub is propelling the growth of forging market in this region.

Some of the keys players of global forging market includes Arconic Inc.,American Axle & Manufacturing Holdings, Allegheny Technologies Incorporated, Nippon Steel & Sumitomo Metal, ThyssenKrupp AG, Bharat Forge Limited, HHI Forging, Patriot Forge, Ellwood Group, Scot Forge, Sumitomo, Sypris Solutions and FRISA.

Request for Sample Report @

Types Covered: 
• Rotary Forging 
• Closed Die Forging 
• Upset Forging 
• Open Die Forging 
• Precision Die Forging 
• Seamless Forging 
• Roll Forging 
• Other Types

Products Covered: 
• Impression Die 
• Open Die 
• Aluminum Precision 
• Rolled Rings

Applications Covered: 
• Oil and Gas Industry 
• Aerospace Industry 
• Automotive Industry 
• Power Generation 
• Wind 
• Construction 
• Mining 
• Ordnance 
• Agriculture 
• Other Applications

Raw materials Covered: 
• Zirconium 
• Magnesium 
• Beryllium 
• Bronze 
• Copper 
• Aluminum 
• Titanium 
• Stainless Steel 
• Brass 
• Other Raw Materials

Regions Covered: 
• North America 
o US 
o Canada 
o Mexico 
• Europe 
o Germany 
o UK 
o Italy 
o France 
o Spain 
o Rest of Europe 
• Asia Pacific 
o Japan 
o China 
o India 
o Australia 
o New Zealand 
o South Korea 
o Rest of Asia Pacific 
• South America 
o Argentina 
o Brazil 
o Chile 
o Rest of South America 
• Middle East & Africa 
o Saudi Arabia 
o UAE 
o Qatar 
o South Africa 
o Rest of Middle East & Africa

Leave a Query @

What our report offers: 
– Market share assessments for the regional and country level segments 
– Market share analysis of the top industry players 
– Strategic recommendations for the new entrants 
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets 
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) 
– Strategic recommendations in key business segments based on the market estimations 
– Competitive landscaping mapping the key common trends 
– Company profiling with detailed strategies, financials, and recent developments 
– Supply chain trends mapping the latest technological advancements


Table of Content

1 Executive Summary 

2 Preface 
2.1 Abstract 
2.2 Stake Holders 
2.3 Research Scope 
2.4 Research Methodology 
2.4.1 Data Mining 
2.4.2 Data Analysis 
2.4.3 Data Validation 
2.4.4 Research Approach 
2.5 Research Sources 
2.5.1 Primary Research Sources 
2.5.2 Secondary Research Sources 
2.5.3 Assumptions 

3 Market Trend Analysis 
3.1 Introduction 
3.2 Drivers 
3.3 Restraints 
3.4 Opportunities 
3.5 Threats 
3.6 Product Analysis 
3.7 Application Analysis 
3.8 Emerging Markets 
3.9 Futuristic Market Scenario 


10 Key Developments 
10..1 Agreements, Partnerships, Collaborations and Joint Ventures 
10..2 Acquisitions & Mergers 
10..3 New Product Launch 
10..4 Expansions 
10..5 Other Key Strategies 

11 Company Profiling 
11.1 Alcoa 
11.2 Precision Castparts, 
11.3 Sumitomo 
11.4 Scot Forge 
11.5 American Axle & Manufacturing Holdings 
11.6 Bharat Forge Limited. 
11.7 FRISA 
11.8 ThyssenKrupp 
11.9 ATI Ladish Forging 
11.10 Ellwood Group, 
11.11 HHI Forging 
11.12 Sypris Solutions, 
11.13 General Dynamics Ordnance & Tactical Systems 
11.14 Crow Precision Components 
11.15 Aichi Steel 
11.16 Amtek 
11.17 Brück 
11.18 Nippon Steel & Sumitomo Metal 
11.19 Alicon Castalloy 
11.20 Asahi Forge 
11.21 Ajax Tocco Magnethermic 

Buy Now @



Contact Us: Sales@Wiseguyreports.Com Ph: +1-646-845-9349 (Us)  Ph: +44 208 133 9349 (Uk)

Media Contact
Company Name:
Contact Person: Norah Trent
Email: Send Email
Phone: +1 646 845 9349, +44 208 133 9349
City: Pune
State: Maharashtra
Country: India