The global metal forging market is expected to grow at a CAGR of around 5.3% during 2024-2033. This report on global metal forging market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global metal forging market by segmenting the market based on raw material, application, and region. Also, detailed profiles of companies operating in the metal forging market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers
• Extensively used in Various Applications of Different End-Use Industries
• Growth in the Automotive Sector, Such as Electric Vehicles
• Strict Implementation of Regulations for Use of High-Performance Components

Market Challenges
• Alternative Component Manufacturing Processes
• COVID-19 pandemic Impact on Key Players Suspended Operations

Historical & Forecast Period

Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033

Market by Raw Material
• Carbon Steel
• Alloy Steel
• Aluminium
• Magnesium
• Stainless Steel
• Titanium
• Others

Market by Application
• Automotive
• Aerospace
• Oil and Gas
• Construction
• Agriculture
• Others

Market by Region
• Europe
o Germany
o United Kingdom
o France
o Italy
o Spain
o Russia
o Netherlands
o Rest of Europe
• North America
o United States
o Canada
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Rest of Asia Pacific
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o Turkey
o Iran
o United Arab Emirates
o Rest of Middle East & Africa