Forging - Global Market Outlook (2017-2026)

Forging - Global Market Outlook (2017-2026)

  • Published: April 2018
  • ID: SMRC17209

According to Stratistics MRC, the Global Forging market is accounted for $62.92 billion in 2017 and is expected to reach $128.73 billion by 2026 growing at a CAGR of 8.3 % 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 Alcoa, Precision Castparts, Sumitomo, Scot Forge, American Axle & Manufacturing Holdings, Bharat Forge Limited, FRISA, ThyssenKrupp, ATI Ladish Forging, Ellwood Group, HHI Forging, Sypris Solutions,  General Dynamics Ordnance & Tactical Systems, Crow Precision Components, Aichi Steel, Amtek, Brück, Nippon Steel & Sumitomo Metal, Alicon Castalloy, Asahi Forge and Ajax Tocco Magnethermic.

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

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

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 End User Analysis    
 3.8 Emerging Markets     
 3.9 Futuristic Market Scenario    
         
4 Porters Five Force Analysis     
 4.1 Bargaining power of suppliers    
 4.2 Bargaining power of buyers    
 4.3 Threat of substitutes    
 4.4 Threat of new entrants    
 4.5 Competitive rivalry     
        
5 Global Forging Market, By Type    
 5.1 Introduction     
 5.2 Rotary Forging     
 5.3 Closed Die Forging     
 5.4 Upset Forging     
 5.5 Open Die Forging     
 5.6 Precision Die Forging    
 5.7 Seamless Forging     
 5.8 Roll Forging     
 5.9 Other Types     
        
6 Global Forging Market, By Product     
 6.1 Introduction     
 6.2 Impression Die     
 6.3 Open Die      
 6.4 Aluminum Precision     
 6.5 Rolled Rings     
        
7 Global Forging Market, By Application    
 7.1 Introduction     
 7.2 Oil and Gas Industry     
 7.3 Aerospace Industry     
 7.4 Automotive Industry    
 7.5 Power Generation     
 7.6 Wind      
 7.7 Construction     
 7.8 Mining      
 7.9 Ordnance     
 7.10 Agriculture     
 7.11 Other Applications         
        
8 Global Forging Market, By Raw Material    
 8.1 Introduction     
 8.2 Zirconium     
 8.3 Magnesium     
 8.4 Beryllium     
 8.5 Bronze      
 8.6 Copper      
 8.7 Aluminum     
 8.8 Titanium      
 8.9 Stainless Steel     
 8.10 Brass      
 8.11 Microalloy / HSLA Steels    
 8.12 Low-Carbon & Low-Alloy Steels   
 8.13 Nickel-Base Super alloy    
 8.14 Special Alloy Steels     
 8.15 Refractory Metal     
 8.16 Other Raw Materials    
        
9 Global forging Market, By Geography    
 9.1 Introduction     
 9.2 North America     
  9.2.1 US     
  9.2.2 Canada     
  9.2.3 Mexico     
 9.3 Europe      
  9.3.1 Germany     
  9.3.2 UK     
  9.3.3 Italy     
  9.3.4 France     
  9.3.5 Spain     
  9.3.6 Rest of Europe    
 9.4 Asia Pacific     
  9.4.1 Japan     
  9.4.2 China     
  9.4.3 India     
  9.4.4 Australia     
  9.4.5 New Zealand    
  9.4.6 South Korea    
  9.4.7 Rest of Asia Pacific    
 9.5 South America     
  9.5.1 Argentina    
  9.5.2 Brazil     
  9.5.3 Chile     
  9.5.4 Rest of South America   
 9.6 Middle East & Africa    
  9.6.1 Saudi Arabia    
  9.6.2 UAE     
  9.6.3 Qatar     
  9.6.4 South Africa    
  9.6.5 Rest of Middle East & Africa   
        
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   


List of Tables       
1 Global Forging Market Outlook, By Region (2016-2026) (US$ MN)  
2 Global Forging Market Outlook, By Type (2016-2026) (US$ MN)  
3 Global Forging Market Outlook, By Rotary Forging (2016-2026) (US$ MN)  
4 Global Forging Market Outlook, By Closed Die Forging (2016-2026) (US$ MN) 
5 Global Forging Market Outlook, By Upset Forging (2016-2026) (US$ MN)  
6 Global Forging Market Outlook, By Open Die Forging (2016-2026) (US$ MN) 
7 Global Forging Market Outlook, By Precision Die Forging (2016-2026) (US$ MN) 
8 Global Forging Market Outlook, By Seamless Forging (2016-2026) (US$ MN) 
9 Global Forging Market Outlook, By Roll Forging (2016-2026) (US$ MN)  
10 Global Forging Market Outlook, By Other Types (2016-2026) (US$ MN)  
11 Global Forging Market Outlook, By Product (2016-2026) (US$ MN)  
12 Global Forging Market Outlook, By Impression Die (2016-2026) (US$ MN) 
13 Global Forging Market Outlook, By Open Die (2016-2026) (US$ MN)  
14 Global Forging Market Outlook, By Aluminum Precision (2016-2026) (US$ MN) 
15 Global Forging Market Outlook, By Rolled Rings (2016-2026) (US$ MN)  
16 Global Forging Market Outlook, By Application (2016-2026) (US$ MN)  
17 Global Forging Market Outlook, By Oil and Gas Industry (2016-2026) (US$ MN) 
18 Global Forging Market Outlook, By Aerospace Industry (2016-2026) (US$ MN) 
19 Global Forging Market Outlook, By Automotive Industry (2016-2026) (US$ MN) 
20 Global Forging Market Outlook, By Power Generation (2016-2026) (US$ MN) 
21 Global Forging Market Outlook, By Wind (2016-2026) (US$ MN)  
22 Global Forging Market Outlook, By Construction (2016-2026) (US$ MN)  
23 Global Forging Market Outlook, By Mining (2016-2026) (US$ MN)  
24 Global Forging Market Outlook, By Ordnance (2016-2026) (US$ MN)  
25 Global Forging Market Outlook, By Agriculture (2016-2026) (US$ MN)  
26 Global Forging Market Outlook, By Other Applications (2016-2026) (US$ MN) 
27 Global Forging Market Outlook, By Hand Tools (2016-2026) (US$ MN)  
28 Global Forging Market Outlook, By Raw Material (2016-2026) (US$ MN)  
29 Global Forging Market Outlook, By Zirconium (2016-2026) (US$ MN)  
30 Global Forging Market Outlook, By Magnesium (2016-2026) (US$ MN)  
31 Global Forging Market Outlook, By Beryllium (2016-2026) (US$ MN)  
32 Global Forging Market Outlook, By Bronze (2016-2026) (US$ MN)  
33 Global Forging Market Outlook, By Copper (2016-2026) (US$ MN)  
34 Global Forging Market Outlook, By Aluminum (2016-2026) (US$ MN)  
35 Global Forging Market Outlook, By Titanium (2016-2026) (US$ MN)  
36 Global Forging Market Outlook, By Stainless Steel (2016-2026) (US$ MN)  
37 Global Forging Market Outlook, By Brass (2016-2026) (US$ MN)  
38 Global Forging Market Outlook, By Microalloy / HSLA Steels (2016-2026) (US$ MN) 
39 Global Forging Market Outlook, By Low-Carbon & Low-Alloy Steels (2016-2026) (US$ MN)
40 Global Forging Market Outlook, By Nickel-Base Super alloy (2016-2026) (US$ MN) 
41 Global Forging Market Outlook, By Special Alloy Steels (2016-2026) (US$ MN) 
42 Global Forging Market Outlook, By Refractory Metal (2016-2026) (US$ MN) 
43 Global Forging Market Outlook, By Other Raw Materials (2016-2026) (US$ MN) 
        
Note: Tables for North America, Europe, Asia Pacific, South America & Middle East & Africa, regions are also represented in the same manner as above.

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