Global metal stamping market, 2024-2030

Metal stamping is the forming of the metals especially steels to give it desired shape with appropriate strength. This process of placing flat sheet metal in either blank or coil form into a stamping press where a tool and die surface forms the metal into a net shape. The types of metal stamping mainly include blanking process, embossing process, bending process, coining process and flanging process.

The global metal stamping market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global metal stamping market is growing at a fast pace and increasing its geographical footprint rapidly. The global metal stamping market is valued at US $ xx million dollars in 2018 which is forecast to grow at CAGR of xx% and reach a massive US $ xx million dollars by the end of 2023 in value.

The automotive application segment led the global market in 2018 and is expected to retain its dominance over the forecast period due to increasing use of metal parts in various applications. Rapid industrialization and high manufacturing capacities will drive the demand in industrial machinery segment as stamped parts are widely used in the manufacturing, as well as maintenance, of various machines.

However, volatility in metal prices is affecting the demand-supply balance. Sluggish global economic markets also had a spillover effect on the global industrial scenario.

Major players in the global metal stamping market are Alcoa, Kenmode Precision Metal Stamping, Aro Metal Stamping co., Shiloh Industries, Inc., Martinrea International Inc., Manor Tool & Manufacturing Company, Acro Metal Stamping Co., Gestamp, Wisconsin Metal Parts, Inc., American Industrial Company, and Clow Stamping Co., among others.

Research Methodology

The research process includes the market segmentation of the global metal stamping market, identifying the growth determinants of every market segment and market forecasts. The primary source from the supply side includes industry experts, CEOs, vice president, directors, and key executives of various industry players. The primary source from demand side includes marketing manager and experts from various application industries. Market Krystal held more than 40 interviews for this study, details of which are mentioned:

By company type:

Manufacturers (40%), Suppliers (20%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (25%), Asia (40%), Europe (20%), Rest of the World (15%)

By designation:

Top level (40%), Operation level (20%), Mid-level (40%)

Contents of the report:

• Insights on the global metal stamping industry dynamics
• Estimation of the present global metal stamping market size in terms of value and volume
• Global metal stamping market breakup based on type and application
• Substantiated global metal stamping market forecast for the next five years.
• In depth analysis of the leading companies working across different nodes of global metal stamping industry value chain