Global Metal Forging Market Competitors, Segment Types and Downstream Applications Research Report 2025

Research Summary

Metal forging is a manufacturing process in which metal is shaped and formed under high pressure and localized heat. It involves the use of tools, such as hammers or presses, to deform the metal into a desired shape or configuration. During the forging process, the metal is heated to a specific temperature, known as the forging temperature, which makes it more malleable and easier to shape. The metal is then placed on a die or anvil, and force is applied to shape it through compressive forces. This process alters the grain structure of the metal, resulting in improved mechanical properties, such as increased strength and enhanced resistance to fatigue. Metal forging is commonly used in the production of a wide range of components, including automotive parts, aerospace components, hand tools, and industrial machinery. It offers advantages such as superior material strength, improved grain structure, and the ability to achieve complex shapes with precision. Various forging techniques, such as open-die forging, closed-die forging, and precision forging, can be employed to meet specific requirements and produce high-quality metal components.

According to WENKH research statistics, the global Metal Forging market sales revenue reached  Million USD in 2024 and is expected to reach  Million USD by 2032, with a compound annual growth rate (CAGR) of  % from 2025 to 2032. Among them, the China Metal Forging market has experienced rapid changes in recent years, reaching  Million USD in 2024, accounting for approximately  % of the global market share. It is projected to reach  Million USD by 2032.

The global Metal Forging market is highly competitive, with key market players including 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, etc. This report categorizes the competitive landscape of the global Metal Forging market into three tiers based on annual revenue, with the top three market players holding approximately  % of the total market share.

This report provides an in-depth analysis of the global Metal Forging market, including market size, capacity and production, price trends, market status and future development prospects. It particularly focuses on the market share, product characteristics, pricing, revenue, sales volume and gross profit margin of major manufacturers in the global Metal Forging industry. Additionally, this report provides an in-depth analysis of the market status and future development trends of different segments of Metal Forging and their downstream application fields.

In terms of data coverage, this report includes extensive time-series data. Historical data spans from 2020 to 2024, providing a solid foundation for analyzing market development trends. The year 2025 is used as a base year to accurately assess the current market landscape, while forecast data extends from 2026 to 2032, using scientific analysis methods and models to offer forward-looking projections and insights into the market's future trajectory. This provides valuable reference information for industry participants and stakeholders.

The report covers countries including United States, China, Germany, Japan, France, South Korea, United Kingdom, India, Italy, Brazil, Mexico, Indonesia, Vietnam and South Africa. It particularly focuses on the revenue and sales volume of Metal Forging in these countries, as well as the product segmentation and downstream application market size of each country. The report provides an in-depth analysis of the regional distribution and future development trends of the Metal Forging market. By considering local policies, this report evaluates the market prospects of Metal Forging in each country, aiming to help companies gain a comprehensive understanding of the industry characteristics and development potential in different regions, optimize regional business layout, and develop precise market strategies to achieve global development goals.

This report places significant emphasis on data quality and reliability, leveraging a wide range of data sources to ensure accuracy and validity. Primary data collection is conducted through multiple channels, including in-depth interviews with senior corporate executives, industry experts, supply chain participants, and end consumers. This helps to gain insights into corporate strategic planning, industry policies, supply chain dynamics, and user experiences. Secondary data sources cover an extensive range, including authoritative government statistics, customs databases, industry related reports, third-party paid databases, investment research reports, academic studies, corporate financial statements, real-time media updates, and information from international organizations, all of which serve as a solid foundation for data verification and analysis.

Companies Covered

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

Product Segment

Carbon Steel

Alloy Steel

Aluminum

Magnesium

Stainless Steel

Titanium

Others

Product Application

Automotive

Defense and Aerospace

Shipbuilding

Power Industry

Oil and Gas

Construction Machinery

Agriculture

Others

Chapter Scope

Chapter 1: Product Statistical Scope, Product Segmentation Types and Downstream Applications, Overall Market Size, Current Status and Development Prospects

Chapter 2: Global Metal Forging Industry Chain Analysis

Chapter 3: Global Metal Forging Industry Environment Analysis and Porter's Five Forces Analysis

Chapter 4: Global Metal Forging Market Capacity and Production Analysis

Chapter 5: Analysis of the Competitive Landscape of Major Companies in the Global Metal Forging Market (Market Share, Product Revenue and Sales Volume Comparison, Tier Division, Corporate Expansion and M&A Trends)

Chapter 6: Analysis of Global Major Companies (Company Profiles, Product Specifications and Features, Product Revenue, Product Sales Volume, Product Average Price and Product Gross Profit Margin)

Chapter 7: Global Metal Forging Market Analysis by Countries, Product Segment and Downstream Application (Sales Volume, Revenue and Average Price)

Chapter 8: United States Metal Forging Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 9: China Metal Forging Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 10: Germany Metal Forging Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 11: Japan Metal Forging Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 12: France Metal Forging Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 13: South Korea Metal Forging Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 14: United Kingdom Metal Forging Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 15: India Metal Forging Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 16: Italy Metal Forging Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 17: Brazil Metal Forging Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 18: Mexico Metal Forging Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 19: Indonesia Metal Forging Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 20: Vietnam Metal Forging Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 21: South Africa Metal Forging Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 22: Research Conclusion

Chapter 23: Methodology and Data Source

Purpose and Value of the Report

Market Trend Insights: Analyze industry trends, market dynamics, and future growth potential to help companies forecast changes and develop strategic plans.

Competitive Landscape Analysis: Understand key players' revenue segmentation, strategies, market share, and business models to guide competitive decisions.

Investment Decision Support: Provide feasibility analysis through market size, growth rate, demand trends, and potential risks for informed investment decisions.

Target Customer and Demand Analysis: Examine consumer behavior, purchasing preferences, and pain points to optimize products and improve market penetration.

Policy and Regulatory Insights: Interpret relevant industry policies to ensure compliance and mitigate regulatory risks.

Business Model Optimization: Offer data-driven suggestions for enhancing business models and improving profitability.