Global Marine Castings and Forgings Market Growth 2025-2031
Description
The global Marine Castings and Forgings market size is predicted to grow from US$ 1045 million in 2025 to US$ 1342 million in 2031; it is expected to grow at a CAGR of 4.3% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Marine Castings and Forgings include marine castings and marine forgings.Marine Casting is a specific part of casting where we use metals like Aluminum that are better ready to withstand such a domain.Marine forgings are divided into three categories, main engine forgings, shafting forgings and rudder forgings
The volume of marine trade is expected to double from about 9 billion to around 20 billion tonnes per annum in the next 10 years. China is projected to play a crucial role in the commercial marine sector and is expected to emerge as a maritime superpower competing with Greece and rest of the Europe. India is expected to follow China closely; Japan and South Korea are projected to lose substantial market shares in the coming decade. On the other hand, the defense naval market is expected to maintain and rejig platforms and personnel, rather than expanding them.
LP Information, Inc. (LPI) ' newest research report, the “Marine Castings and Forgings Industry Forecast” looks at past sales and reviews total world Marine Castings and Forgings sales in 2024, providing a comprehensive analysis by region and market sector of projected Marine Castings and Forgings sales for 2025 through 2031. With Marine Castings and Forgings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Marine Castings and Forgings industry.
This Insight Report provides a comprehensive analysis of the global Marine Castings and Forgings landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Marine Castings and Forgings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Marine Castings and Forgings market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Marine Castings and Forgings and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Marine Castings and Forgings.
This report presents a comprehensive overview, market shares, and growth opportunities of Marine Castings and Forgings market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Marine Castings
Marine Forgings
Segmentation by Application:
Cruise Vessels
Yachts
Cargo Vessels
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
JSW
KOBE STEEL, LTD.
Doosan Heavy Industries & Construction
ThomasNet
Sheffield Forgemasters
CFHI
Elcee Group
Luoyang Zhongtai Industries Co., Ltd.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Marine Castings and Forgings market?
What factors are driving Marine Castings and Forgings market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Marine Castings and Forgings market opportunities vary by end market size?
How does Marine Castings and Forgings break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Marine Castings and Forgings include marine castings and marine forgings.Marine Casting is a specific part of casting where we use metals like Aluminum that are better ready to withstand such a domain.Marine forgings are divided into three categories, main engine forgings, shafting forgings and rudder forgings
The volume of marine trade is expected to double from about 9 billion to around 20 billion tonnes per annum in the next 10 years. China is projected to play a crucial role in the commercial marine sector and is expected to emerge as a maritime superpower competing with Greece and rest of the Europe. India is expected to follow China closely; Japan and South Korea are projected to lose substantial market shares in the coming decade. On the other hand, the defense naval market is expected to maintain and rejig platforms and personnel, rather than expanding them.
LP Information, Inc. (LPI) ' newest research report, the “Marine Castings and Forgings Industry Forecast” looks at past sales and reviews total world Marine Castings and Forgings sales in 2024, providing a comprehensive analysis by region and market sector of projected Marine Castings and Forgings sales for 2025 through 2031. With Marine Castings and Forgings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Marine Castings and Forgings industry.
This Insight Report provides a comprehensive analysis of the global Marine Castings and Forgings landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Marine Castings and Forgings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Marine Castings and Forgings market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Marine Castings and Forgings and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Marine Castings and Forgings.
This report presents a comprehensive overview, market shares, and growth opportunities of Marine Castings and Forgings market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Marine Castings
Marine Forgings
Segmentation by Application:
Cruise Vessels
Yachts
Cargo Vessels
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
JSW
KOBE STEEL, LTD.
Doosan Heavy Industries & Construction
ThomasNet
Sheffield Forgemasters
CFHI
Elcee Group
Luoyang Zhongtai Industries Co., Ltd.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Marine Castings and Forgings market?
What factors are driving Marine Castings and Forgings market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Marine Castings and Forgings market opportunities vary by end market size?
How does Marine Castings and Forgings break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
86 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Marine Castings and Forgings by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Marine Castings and Forgings by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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