Metal Stamping & Forging in the US - Industry Market Research Report

IBISWorld
August 15, 2014
37 Pages - SKU: IBSS5411057
Countries covered: United States

Metal Stamping & Forging in the US

The Metal Stamping and Forging industry faced many challenges during the recession. The economic downturn created anemic demand conditions with regard to the industry's major markets, which include the automotive, aerospace and agricultural machinery manufacturing industries. Demand from these markets plummeted, causing revenue to drop. However, due to rising demand over the past few years, industry profitability has increased. Consequently, in the five years to 2019, revenue is expected to increase.

Operators in this industry forge, stamp and rollform ferrous (iron) and nonferrous metal products for use by other industries. Forged metal is compressed in hot or cold temperatures, while stamped metal is placed into a press to make sheets; rollformed metal is bent into shape on a set of rolls. Operators also manufacture powder metallurgy by blending and compressing fine metal powder into a desired shape. This industry excludes the stamping of coins, cans and automotive metal.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.




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