Description
Wiseguyreports.Com Adds “Forging -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2026” To Its Research Database
Global Forging Market is accounted for $67886.39 million in 2017 and is expected to reach $110575.16 billion by 2026 growing at a CAGR of 6.3% during the forecast period. Growing demand for ferrous metals, strong demand for high-strength metal components and cost effective method of metal forming are some key factors propelling the market growth. However, factors such as increasing usage of casting or stamping process, rising demand for plastics as a substitute and environmental rules & regulations are hampering the market growth. Moreover, use of renewable source of energy for forging provides huge growth opportunities for the market.
Forging refers to a process of shaping the material by applying compressive force manually by forging machines or with the use of power hammers. These forged parts include bolts, connecting rods, turbine shafts, crane hooks, hand tools, gears, and other components used in machine manufacturing. Forging process can be carried out on materials in either cold or hot state.
Amongst end user, automotive segment commanded considerable market share during the predicted period. Low fuel rates and interest rates are the factors growth of automotive industry of the forging market. By geography, Asia Pacific region is expected to register the maximum market share during the estimated period. Due to development in infrastructure, improvement in automotive and construction industries in the developing economies and recognition of the emerging country such as India as the manufacturing hub is propelling the growth of forging market in this region.
Some of the keys players of global forging market includes Arconic Inc.,American Axle & Manufacturing Holdings, Allegheny Technologies Incorporated, Nippon Steel & Sumitomo Metal, ThyssenKrupp AG, Bharat Forge Limited, HHI Forging, Patriot Forge, Ellwood Group, Scot Forge, Sumitomo, Sypris Solutions and FRISA.
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Types Covered:
• Rotary Forging
• Closed Die Forging
• Upset Forging
• Open Die Forging
• Precision Die Forging
• Seamless Forging
• Roll Forging
• Other Types
Products Covered:
• Impression Die
• Open Die
• Aluminum Precision
• Rolled Rings
Applications Covered:
• Oil and Gas Industry
• Aerospace Industry
• Automotive Industry
• Power Generation
• Wind
• Construction
• Mining
• Ordnance
• Agriculture
• Other Applications
Raw materials Covered:
• Zirconium
• Magnesium
• Beryllium
• Bronze
• Copper
• Aluminum
• Titanium
• Stainless Steel
• Brass
• Other Raw Materials
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
Table of Content
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
….
10 Key Developments
10..1 Agreements, Partnerships, Collaborations and Joint Ventures
10..2 Acquisitions & Mergers
10..3 New Product Launch
10..4 Expansions
10..5 Other Key Strategies
11 Company Profiling
11.1 Alcoa
11.2 Precision Castparts,
11.3 Sumitomo
11.4 Scot Forge
11.5 American Axle & Manufacturing Holdings
11.6 Bharat Forge Limited.
11.7 FRISA
11.8 ThyssenKrupp
11.9 ATI Ladish Forging
11.10 Ellwood Group,
11.11 HHI Forging
11.12 Sypris Solutions,
11.13 General Dynamics Ordnance & Tactical Systems
11.14 Crow Precision Components
11.15 Aichi Steel
11.16 Amtek
11.17 Brück
11.18 Nippon Steel & Sumitomo Metal
11.19 Alicon Castalloy
11.20 Asahi Forge
11.21 Ajax Tocco Magnethermic
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