Global Metal Forging Market Research Report 2025(Status and Outlook)

Report Overview

Forging is a manufacturing process involving the shaping of a metal through hammering, pressing, or rolling.

The global Metal Forging market size was estimated at USD 71750.0 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 0.06% during the forecast period.

This report provides a deep insight into the global Metal Forging market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Metal Forging Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Metal Forging market in any manner.

Global Metal Forging Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Precision Castparts Corp. (Berkshire Hathaway)

Howmet Aerospace Inc.

Allegheny Technologies Incorporated (ATI)

Thyssenkrupp

Nippon Steel

VSMPO-AVISMA

KOBELCO

Aichi Steel

Aubert & Duval (Eramet)

Bharat Forge

American Axle and Manufacturing (AAM)

AVIC Heavy Machinery

Wanxiang Qianchao

FAW

FRISA

Farinia Group

Longcheng Precision Forging

Pacific Precision Forging

Jinma Industrial Group

Mahindra Forgings Europe

Jinan Sinotruck Co.

CITIC Heavy Industries

Dongfeng Forging

Acerinox S.A.

Jiangyin Hengrun Heavy Industries

Tongyu Heavy Industry

Wuxi Paike New Material Technology

Scot Forge Company

Xi’an Triangle Defence Incorporated Company

Brück GmbH

Market Segmentation (by Type)

Carbon Steel

Alloy Steel

Aluminum

Magnesium

Stainless Steel

Titanium

Others

Market Segmentation (by Application)

Automotive

Defense and Aerospace

Shipbuilding

Power Industry

Oil and Gas

Construction Machinery

Agriculture

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Metal Forging Market

Overview of the regional outlook of the Metal Forging Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Metal Forging Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Metal Forging, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Metal Forging
1.2 Key Market Segments
1.2.1 Metal Forging Segment by Type
1.2.2 Metal Forging Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Metal Forging Market Overview
2.1 Global Market Overview
2.1.1 Global Metal Forging Market Size (M USD) Estimates and Forecasts (2020-2033)
2.1.2 Global Metal Forging Sales Estimates and Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Metal Forging Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Metal Forging Product Life Cycle
3.3 Global Metal Forging Sales by Manufacturers (2020-2025)
3.4 Global Metal Forging Revenue Market Share by Manufacturers (2020-2025)
3.5 Metal Forging Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global Metal Forging Average Price by Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
3.8 Metal Forging Market Competitive Situation and Trends
3.8.1 Metal Forging Market Concentration Rate
3.8.2 Global 5 and 10 Largest Metal Forging Players Market Share by Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Metal Forging Industry Chain Analysis
4.1 Metal Forging Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Metal Forging Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 PEST Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Metal Forging Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions and Their Impacts to Metal Forging Market
5.7 ESG Ratings of Leading Companies
6 Metal Forging Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Metal Forging Sales Market Share by Type (2020-2025)
6.3 Global Metal Forging Market Size Market Share by Type (2020-2025)
6.4 Global Metal Forging Price by Type (2020-2025)
7 Metal Forging Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Metal Forging Market Sales by Application (2020-2025)
7.3 Global Metal Forging Market Size (M USD) by Application (2020-2025)
7.4 Global Metal Forging Sales Growth Rate by Application (2020-2025)
8 Metal Forging Market Sales by Region
8.1 Global Metal Forging Sales by Region
8.1.1 Global Metal Forging Sales by Region
8.1.2 Global Metal Forging Sales Market Share by Region
8.2 Global Metal Forging Market Size by Region
8.2.1 Global Metal Forging Market Size by Region
8.2.2 Global Metal Forging Market Size Market Share by Region
8.3 North America
8.3.1 North America Metal Forging Sales by Country
8.3.2 North America Metal Forging Market Size by Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Metal Forging Sales by Country
8.4.2 Europe Metal Forging Market Size by Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Metal Forging Sales by Region
8.5.2 Asia Pacific Metal Forging Market Size by Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Metal Forging Sales by Country
8.6.2 South America Metal Forging Market Size by Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East and Africa
8.7.1 Middle East and Africa Metal Forging Sales by Region
8.7.2 Middle East and Africa Metal Forging Market Size by Region
8.7.3 Saudi Arabia Market Overview
8.7.4 UAE Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Metal Forging Market Production by Region
9.1 Global Production of Metal Forging by Region(2020-2025)
9.2 Global Metal Forging Revenue Market Share by Region (2020-2025)
9.3 Global Metal Forging Production, Revenue, Price and Gross Margin (2020-2025)
9.4 North America Metal Forging Production
9.4.1 North America Metal Forging Production Growth Rate (2020-2025)
9.4.2 North America Metal Forging Production, Revenue, Price and Gross Margin (2020-2025)
9.5 Europe Metal Forging Production
9.5.1 Europe Metal Forging Production Growth Rate (2020-2025)
9.5.2 Europe Metal Forging Production, Revenue, Price and Gross Margin (2020-2025)
9.6 Japan Metal Forging Production (2020-2025)
9.6.1 Japan Metal Forging Production Growth Rate (2020-2025)
9.6.2 Japan Metal Forging Production, Revenue, Price and Gross Margin (2020-2025)
9.7 China Metal Forging Production (2020-2025)
9.7.1 China Metal Forging Production Growth Rate (2020-2025)
9.7.2 China Metal Forging Production, Revenue, Price and Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Precision Castparts Corp. (Berkshire Hathaway)
10.1.1 Precision Castparts Corp. (Berkshire Hathaway) Basic Information
10.1.2 Precision Castparts Corp. (Berkshire Hathaway) Metal Forging Product Overview
10.1.3 Precision Castparts Corp. (Berkshire Hathaway) Metal Forging Product Market Performance
10.1.4 Precision Castparts Corp. (Berkshire Hathaway) Business Overview
10.1.5 Precision Castparts Corp. (Berkshire Hathaway) SWOT Analysis
10.1.6 Precision Castparts Corp. (Berkshire Hathaway) Recent Developments
10.2 Howmet Aerospace Inc.
10.2.1 Howmet Aerospace Inc. Basic Information
10.2.2 Howmet Aerospace Inc. Metal Forging Product Overview
10.2.3 Howmet Aerospace Inc. Metal Forging Product Market Performance
10.2.4 Howmet Aerospace Inc. Business Overview
10.2.5 Howmet Aerospace Inc. SWOT Analysis
10.2.6 Howmet Aerospace Inc. Recent Developments
10.3 Allegheny Technologies Incorporated (ATI)
10.3.1 Allegheny Technologies Incorporated (ATI) Basic Information
10.3.2 Allegheny Technologies Incorporated (ATI) Metal Forging Product Overview
10.3.3 Allegheny Technologies Incorporated (ATI) Metal Forging Product Market Performance
10.3.4 Allegheny Technologies Incorporated (ATI) Business Overview
10.3.5 Allegheny Technologies Incorporated (ATI) SWOT Analysis
10.3.6 Allegheny Technologies Incorporated (ATI) Recent Developments
10.4 Thyssenkrupp
10.4.1 Thyssenkrupp Basic Information
10.4.2 Thyssenkrupp Metal Forging Product Overview
10.4.3 Thyssenkrupp Metal Forging Product Market Performance
10.4.4 Thyssenkrupp Business Overview
10.4.5 Thyssenkrupp Recent Developments
10.5 Nippon Steel
10.5.1 Nippon Steel Basic Information
10.5.2 Nippon Steel Metal Forging Product Overview
10.5.3 Nippon Steel Metal Forging Product Market Performance
10.5.4 Nippon Steel Business Overview
10.5.5 Nippon Steel Recent Developments
10.6 VSMPO-AVISMA
10.6.1 VSMPO-AVISMA Basic Information
10.6.2 VSMPO-AVISMA Metal Forging Product Overview
10.6.3 VSMPO-AVISMA Metal Forging Product Market Performance
10.6.4 VSMPO-AVISMA Business Overview
10.6.5 VSMPO-AVISMA Recent Developments
10.7 KOBELCO
10.7.1 KOBELCO Basic Information
10.7.2 KOBELCO Metal Forging Product Overview
10.7.3 KOBELCO Metal Forging Product Market Performance
10.7.4 KOBELCO Business Overview
10.7.5 KOBELCO Recent Developments
10.8 Aichi Steel
10.8.1 Aichi Steel Basic Information
10.8.2 Aichi Steel Metal Forging Product Overview
10.8.3 Aichi Steel Metal Forging Product Market Performance
10.8.4 Aichi Steel Business Overview
10.8.5 Aichi Steel Recent Developments
10.9 Aubert and Duval (Eramet)
10.9.1 Aubert and Duval (Eramet) Basic Information
10.9.2 Aubert and Duval (Eramet) Metal Forging Product Overview
10.9.3 Aubert and Duval (Eramet) Metal Forging Product Market Performance
10.9.4 Aubert and Duval (Eramet) Business Overview
10.9.5 Aubert and Duval (Eramet) Recent Developments
10.10 Bharat Forge
10.10.1 Bharat Forge Basic Information
10.10.2 Bharat Forge Metal Forging Product Overview
10.10.3 Bharat Forge Metal Forging Product Market Performance
10.10.4 Bharat Forge Business Overview
10.10.5 Bharat Forge Recent Developments
10.11 American Axle and Manufacturing (AAM)
10.11.1 American Axle and Manufacturing (AAM) Basic Information
10.11.2 American Axle and Manufacturing (AAM) Metal Forging Product Overview
10.11.3 American Axle and Manufacturing (AAM) Metal Forging Product Market Performance
10.11.4 American Axle and Manufacturing (AAM) Business Overview
10.11.5 American Axle and Manufacturing (AAM) Recent Developments
10.12 AVIC Heavy Machinery
10.12.1 AVIC Heavy Machinery Basic Information
10.12.2 AVIC Heavy Machinery Metal Forging Product Overview
10.12.3 AVIC Heavy Machinery Metal Forging Product Market Performance
10.12.4 AVIC Heavy Machinery Business Overview
10.12.5 AVIC Heavy Machinery Recent Developments
10.13 Wanxiang Qianchao
10.13.1 Wanxiang Qianchao Basic Information
10.13.2 Wanxiang Qianchao Metal Forging Product Overview
10.13.3 Wanxiang Qianchao Metal Forging Product Market Performance
10.13.4 Wanxiang Qianchao Business Overview
10.13.5 Wanxiang Qianchao Recent Developments
10.14 FAW
10.14.1 FAW Basic Information
10.14.2 FAW Metal Forging Product Overview
10.14.3 FAW Metal Forging Product Market Performance
10.14.4 FAW Business Overview
10.14.5 FAW Recent Developments
10.15 FRISA
10.15.1 FRISA Basic Information
10.15.2 FRISA Metal Forging Product Overview
10.15.3 FRISA Metal Forging Product Market Performance
10.15.4 FRISA Business Overview
10.15.5 FRISA Recent Developments
10.16 Farinia Group
10.16.1 Farinia Group Basic Information
10.16.2 Farinia Group Metal Forging Product Overview
10.16.3 Farinia Group Metal Forging Product Market Performance
10.16.4 Farinia Group Business Overview
10.16.5 Farinia Group Recent Developments
10.17 Longcheng Precision Forging
10.17.1 Longcheng Precision Forging Basic Information
10.17.2 Longcheng Precision Forging Metal Forging Product Overview
10.17.3 Longcheng Precision Forging Metal Forging Product Market Performance
10.17.4 Longcheng Precision Forging Business Overview
10.17.5 Longcheng Precision Forging Recent Developments
10.18 Pacific Precision Forging
10.18.1 Pacific Precision Forging Basic Information
10.18.2 Pacific Precision Forging Metal Forging Product Overview
10.18.3 Pacific Precision Forging Metal Forging Product Market Performance
10.18.4 Pacific Precision Forging Business Overview
10.18.5 Pacific Precision Forging Recent Developments
10.19 Jinma Industrial Group
10.19.1 Jinma Industrial Group Basic Information
10.19.2 Jinma Industrial Group Metal Forging Product Overview
10.19.3 Jinma Industrial Group Metal Forging Product Market Performance
10.19.4 Jinma Industrial Group Business Overview
10.19.5 Jinma Industrial Group Recent Developments
10.20 Mahindra Forgings Europe
10.20.1 Mahindra Forgings Europe Basic Information
10.20.2 Mahindra Forgings Europe Metal Forging Product Overview
10.20.3 Mahindra Forgings Europe Metal Forging Product Market Performance
10.20.4 Mahindra Forgings Europe Business Overview
10.20.5 Mahindra Forgings Europe Recent Developments
10.21 Jinan Sinotruck Co.
10.21.1 Jinan Sinotruck Co. Basic Information
10.21.2 Jinan Sinotruck Co. Metal Forging Product Overview
10.21.3 Jinan Sinotruck Co. Metal Forging Product Market Performance
10.21.4 Jinan Sinotruck Co. Business Overview
10.21.5 Jinan Sinotruck Co. Recent Developments
10.22 CITIC Heavy Industries
10.22.1 CITIC Heavy Industries Basic Information
10.22.2 CITIC Heavy Industries Metal Forging Product Overview
10.22.3 CITIC Heavy Industries Metal Forging Product Market Performance
10.22.4 CITIC Heavy Industries Business Overview
10.22.5 CITIC Heavy Industries Recent Developments
10.23 Dongfeng Forging
10.23.1 Dongfeng Forging Basic Information
10.23.2 Dongfeng Forging Metal Forging Product Overview
10.23.3 Dongfeng Forging Metal Forging Product Market Performance
10.23.4 Dongfeng Forging Business Overview
10.23.5 Dongfeng Forging Recent Developments
10.24 Acerinox S.A.
10.24.1 Acerinox S.A. Basic Information
10.24.2 Acerinox S.A. Metal Forging Product Overview
10.24.3 Acerinox S.A. Metal Forging Product Market Performance
10.24.4 Acerinox S.A. Business Overview
10.24.5 Acerinox S.A. Recent Developments
10.25 Jiangyin Hengrun Heavy Industries
10.25.1 Jiangyin Hengrun Heavy Industries Basic Information
10.25.2 Jiangyin Hengrun Heavy Industries Metal Forging Product Overview
10.25.3 Jiangyin Hengrun Heavy Industries Metal Forging Product Market Performance
10.25.4 Jiangyin Hengrun Heavy Industries Business Overview
10.25.5 Jiangyin Hengrun Heavy Industries Recent Developments
10.26 Tongyu Heavy Industry
10.26.1 Tongyu Heavy Industry Basic Information
10.26.2 Tongyu Heavy Industry Metal Forging Product Overview
10.26.3 Tongyu Heavy Industry Metal Forging Product Market Performance
10.26.4 Tongyu Heavy Industry Business Overview
10.26.5 Tongyu Heavy Industry Recent Developments
10.27 Wuxi Paike New Material Technology
10.27.1 Wuxi Paike New Material Technology Basic Information
10.27.2 Wuxi Paike New Material Technology Metal Forging Product Overview
10.27.3 Wuxi Paike New Material Technology Metal Forging Product Market Performance
10.27.4 Wuxi Paike New Material Technology Business Overview
10.27.5 Wuxi Paike New Material Technology Recent Developments
10.28 Scot Forge Company
10.28.1 Scot Forge Company Basic Information
10.28.2 Scot Forge Company Metal Forging Product Overview
10.28.3 Scot Forge Company Metal Forging Product Market Performance
10.28.4 Scot Forge Company Business Overview
10.28.5 Scot Forge Company Recent Developments
10.29 Xi’an Triangle Defence Incorporated Company
10.29.1 Xi’an Triangle Defence Incorporated Company Basic Information
10.29.2 Xi’an Triangle Defence Incorporated Company Metal Forging Product Overview
10.29.3 Xi’an Triangle Defence Incorporated Company Metal Forging Product Market Performance
10.29.4 Xi’an Triangle Defence Incorporated Company Business Overview
10.29.5 Xi’an Triangle Defence Incorporated Company Recent Developments
10.30 Brück GmbH
10.30.1 Brück GmbH Basic Information
10.30.2 Brück GmbH Metal Forging Product Overview
10.30.3 Brück GmbH Metal Forging Product Market Performance
10.30.4 Brück GmbH Business Overview
10.30.5 Brück GmbH Recent Developments
11 Metal Forging Market Forecast by Region
11.1 Global Metal Forging Market Size Forecast
11.2 Global Metal Forging Market Forecast by Region
11.2.1 North America Market Size Forecast by Country
11.2.2 Europe Metal Forging Market Size Forecast by Country
11.2.3 Asia Pacific Metal Forging Market Size Forecast by Region
11.2.4 South America Metal Forging Market Size Forecast by Country
11.2.5 Middle East and Africa Forecasted Sales of Metal Forging by Country
12 Forecast Market by Type and by Application (2026-2033)
12.1 Global Metal Forging Market Forecast by Type (2026-2033)
12.1.1 Global Forecasted Sales of Metal Forging by Type (2026-2033)
12.1.2 Global Metal Forging Market Size Forecast by Type (2026-2033)
12.1.3 Global Forecasted Price of Metal Forging by Type (2026-2033)
12.2 Global Metal Forging Market Forecast by Application (2026-2033)
12.2.1 Global Metal Forging Sales (K Units) Forecast by Application
12.2.2 Global Metal Forging Market Size (M USD) Forecast by Application (2026-2033)
13 Conclusion and Key Findings

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