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Forging

Forging is a manufacturing process involving the shaping of metal using localized compressive forces. The blows are delivered with a hammer (often a power hammer) or a die. Forging is often classified according to the temperature at which it is performed: cold forging (a type of cold working), warm forging, or hot forging (a type of hot working). For the latter two, the metal is heated, usually in a forge. Forged parts can range in weight from less than a kilogram to hundreds of metric tons. Forging has been done by smiths for millennia; the traditional products were kitchenware, hardware, hand tools, edged weapons, cymbals, and jewellery. Since the Industrial Revolution, forged parts are widely used in mechanisms and machines wherever a component requires high strength; such forgings usually require further processing (such as machining) to achieve a finished part. Today, forging is a major worldwide industry.

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Product & engineering

Understand the product.

Forging is a manufacturing process involving the shaping of metal using localized compressive forces. The blows are delivered with a hammer (often a power hammer) or a die. Forging is often classified according to the temperature at which it is performed: cold forging (a type of cold working), warm forging, or hot forging (a type of hot working). For the latter two, the metal is heated, usually in a forge. Forged parts can range in weight from less than a kilogram to hundreds of metric tons. Forging has been done by smiths for millennia; the traditional products were kitchenware, hardware, hand tools, edged weapons, cymbals, and jewellery. Since the Industrial Revolution, forged parts are widely used in mechanisms and machines wherever a component requires high strength; such forgings usually require further processing (such as machining) to achieve a finished part. Today, forging is a major worldwide industry.

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Industry Growth & Trends

Global Forging Industry Growth and Trends Forecast to 2032

8 January 2026123 pages

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Industry ResearchForging Industry Research Report 2026149 pages · $2,950 USDIndustry Growth & TrendsGlobal Forging Industry Growth and Trends Forecast to 2032123 pages · $3,450 USDMarket StructureGlobal Forging Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032195 pages · $3,950 USDMarket Outlook & Growth OpportunitiesGlobal Forging Market Outlook and Growth Opportunities 2026206 pages · $4,250 USDMarket Analysis & ForecastGlobal Forging Market Analysis and Forecast 2026-2032210 pages · $4,950 USD

Market perspective

Forging is a manufacturing process involving the shaping of metal using localized compressive forces. The blows are delivered with a hammer (often a power hammer) or a die. Forging is often classified according to the temperature at which it is performed: cold forging (a type of cold working), warm forging, or hot forging (a type of hot working). For the latter two, the metal is heated, usually in a forge. Forged parts can range in weight from less than a kilogram to hundreds of metric tons. Forging has been done by smiths for millennia; the traditional products were kitchenware, hardware, hand tools, edged weapons, cymbals, and jewellery. Since the Industrial Revolution, forged parts are widely used in mechanisms and machines wherever a component requires high strength; such forgings usually require further processing (such as machining) to achieve a finished part. Today, forging is a major worldwide industry.

Global Forging key players include Precision Castparts Corp, Arconic, Thyssenkrupp, KOBELCO, Nippon Steel & Sumitomo Metal, etc. Global top five manufacturers hold a share about 15%. China is the largest market, with a share about 30%, followed by Europe, with a share about 25 percent. In terms of product, Closed Die Forgings is the largest segment, with a share about 80%. And in terms of application, the largest application is Automotive, followed by General Industrial, Aerospace, Agricultural, etc.

Report Scope

Read the full market overview

This report provides a structured, data-driven view of the global Forging market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.

The Forging market size, estimates, and forecasts are presented in terms of sales volume (K MT) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Forging market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Forging.

Key Companies & Market Share Insights

This section analyzes the strategies and performance of leading manufacturers in the global Forging market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.

Forging Market by Company

Nippon Steel & Sumitomo Metal

Aichi Steel

Thyssenkrupp

AAM

Bharat Forge

KOBELCO

WanXiang

FAW

Arconic

Mahindra Forgings Europe

Farinia

Longcheng Forging

Sinotruck

Dongfeng Forging

Jiangsu Pacific Precision Forging

Sypris Solutions

Ashok Leyland

Allegheny Technologies

VDM Metals

CITIC Heavy Industries

Forging Segment by Type

Closed Die Forgings

Open Die Forgings

Rolled Rings Forgings

Forging Segment by Application

Automotive

Aerospace

Agricultural

General Industrial

Other

Forging Segment by Region

North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Colombia

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Forging market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Forging and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Forging.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Forging manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Forging in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.

More report detail

Tables and figures
List of Tables Table 1. Major Company of Closed Die Forgings Table 2. Major Company of Open Die Forgings Table 3. Major Company of Rolled Rings Forgings Table 4. Global Forging Sales by Type (2021 VS 2025 VS 2032) & (US$ Million) Table 5. Global Forging Sales by Type (2021-2026) & (K MT) Table 6. Global Forging Sales Market Share in Volume by Type (2021-2026) Table 7. Global Forging Sales by Type (2021-2026) & (US$ Million) Table 8. Global Forging Sales Market Share in Value by Type (2021-2026) Table 9. Global Forging Price by Type (2021-2026) & (USD/MT) Table 10. Global Forging Sales by Type (2027-2032) & (K MT) Table 11. Global Forging Sales Market Share in Volume by Type (2027-2032) Table 12. Global Forging Sales by Type (2027-2032) & (US$ Million) Table 13. Global Forging Sales Market Share in Value by Type (2027-2032) Table 14. Global Forging Price by Type (2027-2032) & (USD/MT) Table 15. North America Forging Sales by Type (2021-2026) & (K MT) Table 16. North America Forging Sales by Type (2021-2026) & (US$ Million) Table 17. Europe Forging Sales by Type (2021-2026) & (K MT) Table 18. Europe Forging Sales by Type (2021-2026) & (US$ Million) Table 19. Asia-Pacific Forging Sales by Type (2021-2026) & (K MT) Table 20. Asia-Pacific Forging Sales by Type (2021-2026) & (US$ Million) Table 21. Latin America Forging Sales by Type (2021-2026) & (K MT) Table 22. Latin America Forging Sales by Type (2021-2026) & (US$ Million) Table 23. Middle East and Africa Forging Sales by Type (2021-2026) & (K MT) Table 24. Middle East and Africa Forging Sales by Type (2021-2026) & (US$ Million) Table 25. Forging Industry Trends Table 26. Forging Industry Drivers Table 27. Forging Industry Opportunities and Challenges Table 28. Forging Industry Restraints Table 29. Global Forging Sales Revenue by Company (US$ Million) & (2021-2026) Table 30. Global Forging Revenue Market Share by Company (2021-2026) Table 31. Global Forging Sales by Company (2021-2026) & (K MT) Table 32. Global Forging Sales Share by Company (2021-2026) Table 33. Global Forging Market Price by Company (2021-2026) & (USD/MT) Table 34. Global Forging Industry Company Ranking, 2024 VS 2025 VS 2026 Table 35. Global Forging Major Company Production Sites and Headquarters Table 36. Global Forging Company, Product Type & Application Table 37. Global Forging Company Establishment Date Table 38. Global Company Market Concentration Ratio (CR5 and HHI) Table 39. Global Forging by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2025) Table 40. Global Forging Market Size Comparison by Region (US$ Million): 2021 VS 2025 VS 2032 Table 41. Global Forging Sales by Region (2021-2026) & (K MT) Table 42. Global Forging Sales Market Share in Volume by Region (2021-2026) Table 43. Global Forging Sales by Region (2021-2026) & (US$ Million) Table 44. Global Forging Sales Market Share in Value by Region (2021-2026) Table 45. Global Forging Sales (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 46. Global Forging Sales by Region (2027-2032) & (K MT) Table 47. Global Forging Sales Market Share in Volume by Region (2027-2032) Table 48. Global Forging Sales by Region (2027-2032) & (US$ Million) Table 49. Global Forging Sales Market Share in Value by Region (2027-2032) Table 50. Global Forging Sales (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2027-2032) Table 51. Global Forging Sales by Application (2021 VS 2025 VS 2032) & (US$ Million) Table 52. Global Forging Sales by Application (2021-2026) & (K MT) Table 53. Global Forging Sales Market Share in Volume by Application (2021-2026) Table 54. Global Forging Sales by Application (2021-2026) & (US$ Million) Table 55. Global Forging Sales Market Share in Value by Application (2021-2026) Table 56. Global Forging Price by Application (2021-2026) & (USD/MT) Table 57. Global Forging Sales by Application (2027-2032) & (K MT) Table 58. Global Forging Sales Market Share in Volume by Application (2027-2032) Table 59. Global Forging Sales by Application (2027-2032) & (US$ Million) Table 60. Global Forging Sales Market Share in Value by Application (2027-2032) Table 61. Global Forging Price by Application (2027-2032) & (USD/MT) Table 62. North America Forging Sales by Application (2021-2026) & (K MT) Table 63. North America Forging Sales by Application (2021-2026) & (US$ Million) Table 64. Europe Forging Sales by Application (2021-2026) & (K MT) Table 65. Europe Forging Sales by Application (2021-2026) & (US$ Million) Table 66. Asia-Pacific Forging Sales by Application (2021-2026) & (K MT) Table 67. Asia-Pacific Forging Sales by Application (2021-2026) & (US$ Million) Table 68. Latin America Forging Sales by Application (2021-2026) & (K MT) Table 69. Latin America Forging Sales by Application (2021-2026) & (US$ Million) Table 70. Middle East and Africa Forging Sales by Application (2021-2026) & (K MT) Table 71. Middle East and Africa Forging Sales by Application (2021-2026) & (US$ Million) Table 72. Nippon Steel & Sumitomo Metal Company Information Table 73. Nippon Steel & Sumitomo Metal Business Overview Table 74. Nippon Steel & Sumitomo Metal Forging Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 75. Nippon Steel & Sumitomo Metal Forging Product Portfolio Table 76. Nippon Steel & Sumitomo Metal Recent Development Table 77. Aichi Steel Company Information Table 78. Aichi Steel Business Overview Table 79. Aichi Steel Forging Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 80. Aichi Steel Forging Product Portfolio Table 81. Aichi Steel Recent Development Table 82. Thyssenkrupp Company Information Table 83. Thyssenkrupp Business Overview Table 84. Thyssenkrupp Forging Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 85. Thyssenkrupp Forging Product Portfolio Table 86. Thyssenkrupp Recent Development Table 87. AAM Company Information Table 88. AAM Business Overview Table 89. AAM Forging Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 90. AAM Forging Product Portfolio Table 91. AAM Recent Development Table 92. Bharat Forge Company Information Table 93. Bharat Forge Business Overview Table 94. Bharat Forge Forging Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 95. Bharat Forge Forging Product Portfolio Table 96. Bharat Forge Recent Development Table 97. KOBELCO Company Information Table 98. KOBELCO Business Overview Table 99. KOBELCO Forging Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 100. KOBELCO Forging Product Portfolio Table 101. KOBELCO Recent Development Table 102. WanXiang Company Information Table 103. WanXiang Business Overview Table 104. WanXiang Forging Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 105. WanXiang Forging Product Portfolio Table 106. WanXiang Recent Development Table 107. FAW Company Information Table 108. FAW Business Overview Table 109. FAW Forging Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 110. FAW Forging Product Portfolio Table 111. FAW Recent Development Table 112. Arconic Company Information Table 113. Arconic Business Overview Table 114. Arconic Forging Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 115. Arconic Forging Product Portfolio Table 116. Arconic Recent Development Table 117. Mahindra Forgings Europe Company Information Table 118. Mahindra Forgings Europe Business Overview Table 119. Mahindra Forgings Europe Forging Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 120. Mahindra Forgings Europe Forging Product Portfolio Table 121. Mahindra Forgings Europe Recent Development Table 122. Farinia Company Information Table 123. Farinia Business Overview Table 124. Farinia Forging Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 125. Farinia Forging Product Portfolio Table 126. Farinia Recent Development Table 127. Longcheng Forging Company Information Table 128. Longcheng Forging Business Overview Table 129. Longcheng Forging Forging Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 130. Longcheng Forging Forging Product Portfolio Table 131. Longcheng Forging Recent Development Table 132. Sinotruck Company Information Table 133. Sinotruck Business Overview Table 134. Sinotruck Forging Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 135. Sinotruck Forging Product Portfolio Table 136. Sinotruck Recent Development Table 137. Dongfeng Forging Company Information Table 138. Dongfeng Forging Business Overview Table 139. Dongfeng Forging Forging Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 140. Dongfeng Forging Forging Product Portfolio Table 141. Dongfeng Forging Recent Development Table 142. Jiangsu Pacific Precision Forging Company Information Table 143. Jiangsu Pacific Precision Forging Business Overview Table 144. Jiangsu Pacific Precision Forging Forging Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 145. Jiangsu Pacific Precision Forging Forging Product Portfolio Table 146. Jiangsu Pacific Precision Forging Recent Development Table 147. Sypris Solutions Company Information Table 148. Sypris Solutions Business Overview Table 149. Sypris Solutions Forging Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 150. Sypris Solutions Forging Product Portfolio Table 151. Sypris Solutions Recent Development Table 152. Ashok Leyland Company Information Table 153. Ashok Leyland Business Overview Table 154. Ashok Leyland Forging Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 155. Ashok Leyland Forging Product Portfolio Table 156. Ashok Leyland Recent Development Table 157. Allegheny Technologies Company Information Table 158. Allegheny Technologies Business Overview Table 159. Allegheny Technologies Forging Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 160. Allegheny Technologies Forging Product Portfolio Table 161. Allegheny Technologies Recent Development Table 162. VDM Metals Company Information Table 163. VDM Metals Business Overview Table 164. VDM Metals Forging Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 165. VDM Metals Forging Product Portfolio Table 166. VDM Metals Recent Development Table 167. CITIC Heavy Industries Company Information Table 168. CITIC Heavy Industries Business Overview Table 169. CITIC Heavy Industries Forging Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 170. CITIC Heavy Industries Forging Product Portfolio Table 171. CITIC Heavy Industries Recent Development Table 172. North America Forging Market Size Growth Rate (CAGR) by Country (K MT): 2021 VS 2025 VS 2032 Table 173. North America Forging Sales by Country (2021-2026) & (K MT) Table 174. North America Forging Sales Market Share by Country (2021-2026) Table 175. North America Forging Sales Forecast by Country (2027-2032) & (K MT) Table 176. North America Forging Sales Market Share Forecast by Country (2027-2032) Table 177. North America Forging Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 178. North America Forging Market Size by Country (2021-2026) & (US$ Million) Table 179. North America Forging Market Share by Country (2021-2026) Table 180. North America Forging Market Size Forecast by Country (2027-2032) & (US$ Million) Table 181. North America Forging Market Share Forecast by Country (2027-2032) Table 182. Europe Forging Market Size Growth Rate (CAGR) by Country (K MT): 2021 VS 2025 VS 2032 Table 183. Europe Forging Sales by Country (2021-2026) & (K MT) Table 184. Europe Forging Sales Market Share by Country (2021-2026) Table 185. Europe Forging Sales Forecast by Country (2027-2032) & (K MT) Table 186. Europe Forging Sales Market Share Forecast by Country (2027-2032) Table 187. Europe Forging Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 188. Europe Forging Market Size by Country (2021-2026) & (US$ Million) Table 189. Europe Forging Market Share by Country (2021-2026) Table 190. Europe Forging Market Size Forecast by Country (2027-2032) & (US$ Million) Table 191. Europe Forging Market Share Forecast by Country (2027-2032) Table 192. Asia-Pacific Forging Market Size Growth Rate (CAGR) by Country (K MT): 2021 VS 2025 VS 2032 Table 193. Asia-Pacific Forging Sales by Country (2021-2026) & (K MT) Table 194. Asia-Pacific Forging Sales Market Share by Country (2021-2026) Table 195. Asia-Pacific Forging Sales Forecast by Country (2027-2032) & (K MT) Table 196. Asia-Pacific Forging Sales Market Share Forecast by Country (2027-2032) Table 197. Asia-Pacific Forging Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 198. Asia-Pacific Forging Market Size by Country (2021-2026) & (US$ Million) Table 199. Asia-Pacific Forging Market Share by Country (2021-2026) Table 200. Asia-Pacific Forging Market Size Forecast by Country (2027-2032) & (US$ Million) Table 201. Asia-Pacific Forging Market Share Forecast by Country (2027-2032) Table 202. Latin America Forging Market Size Growth Rate (CAGR) by Country (K MT): 2021 VS 2025 VS 2032 Table 203. Latin America Forging Sales by Country (2021-2026) & (K MT) Table 204. Latin America Forging Sales Market Share by Country (2021-2026) Table 205. Latin America Forging Sales Forecast by Country (2027-2032) & (K MT) Table 206. Latin America Forging Sales Market Share Forecast by Country (2027-2032) Table 207. Latin America Forging Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 208. Latin America Forging Market Size by Country (2021-2026) & (US$ Million) Table 209. Latin America Forging Market Share by Country (2021-2026) Table 210. Latin America Forging Market Size Forecast by Country (2027-2032) & (US$ Million) Table 211. Latin America Forging Market Share Forecast by Country (2027-2032) Table 212. Middle East and Africa Forging Market Size Growth Rate (CAGR) by Country (K MT): 2021 VS 2025 VS 2032 Table 213. Middle East and Africa Forging Sales by Country (2021-2026) & (K MT) Table 214. Middle East and Africa Forging Sales Market Share by Country (2021-2026) Table 215. Middle East and Africa Forging Sales Forecast by Country (2027-2032) & (K MT) Table 216. Middle East and Africa Forging Sales Market Share Forecast by Country (2027-2032) Table 217. Middle East and Africa Forging Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 218. Middle East and Africa Forging Market Size by Country (2021-2026) & (US$ Million) Table 219. Middle East and Africa Forging Market Share by Country (2021-2026) Table 220. Middle East and Africa Forging Market Size Forecast by Country (2027-2032) & (US$ Million) Table 221. Middle East and Africa Forging Market Share Forecast by Country (2027-2032) Table 222. Key Raw Materials Table 223. Raw Materials Key Suppliers Table 224. Forging Distributors List Table 225. Forging Customers List Table 226. Research Programs/Design for This Report Table 227. Authors List of This Report Table 228. Secondary Sources Table 229. Primary Sources List of Figures Figure 1. Forging Image Figure 2. Global Forging Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Forging Market Size (2021-2032) & (US$ Million) Figure 4. Global Forging Sales (2021-2032) & (K MT) Figure 5. Closed Die Forgings Image Figure 6. Global Closed Die Forgings Sales YoY Growth (2021-2032) & (K MT) Figure 7. Open Die Forgings Image Figure 8. Global Open Die Forgings Sales YoY Growth (2021-2032) & (K MT) Figure 9. Rolled Rings Forgings Image Figure 10. Global Rolled Rings Forgings Sales YoY Growth (2021-2032) & (K MT) Figure 11. Global Forging Market Size Overview by Type (2021-2032) & (US$ Million) Figure 12. Global Forging Market Share by Type 2025 VS 2032 Figure 13. North America Forging Sales Market Share in Volume by Type in 2025 Figure 14. North America Forging Sales Market Share in Value by Type in 2025 Figure 15. Europe Forging Sales Market Share in Volume by Type in 2025 Figure 16. Europe Forging Sales Market Share in Value by Type in 2025 Figure 17. Asia-Pacific Forging Sales Market Share in Volume by Type in 2025 Figure 18. Asia-Pacific Forging Sales Market Share in Value by Type in 2025 Figure 19. Latin America Forging Sales Market Share in Volume by Type in 2025 Figure 20. Latin America Forging Sales Market Share in Value by Type in 2025 Figure 21. Middle East and Africa Forging Sales Market Share in Volume by Type in 2025 Figure 22. Middle East and Africa Forging Sales Market Share in Value by Type in 2025 Figure 23. Global Top 5 and 10 Forging Players Market Share by Revenue in 2025 Figure 24. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 25. Automotive Image Figure 26. Global Automotive Sales YoY Growth (2021-2032) & (K MT) Figure 27. Aerospace Image Figure 28. Global Aerospace Sales YoY Growth (2021-2032) & (K MT) Figure 29. Agricultural Image Figure 30. Global Agricultural Sales YoY Growth (2021-2032) & (K MT) Figure 31. General Industrial Image Figure 32. Global General Industrial Sales YoY Growth (2021-2032) & (K MT) Figure 33. Other Image Figure 34. Global Other Sales YoY Growth (2021-2032) & (K MT) Figure 35. Global Forging Market Size Overview by Application (2021-2032) & (US$ Million) Figure 36. Global Forging Market Share by Application 2025 VS 2032 Figure 37. North America Forging Sales Market Share in Volume by Application in 2025 Figure 38. North America Forging Sales Market Share in Value by Application in 2025 Figure 39. Europe Forging Sales Market Share in Volume by Application in 2025 Figure 40. Europe Forging Sales Market Share in Value by Application in 2025 Figure 41. Asia-Pacific Forging Sales Market Share in Volume by Application in 2025 Figure 42. Asia-Pacific Forging Sales Market Share in Value by Application in 2025 Figure 43. Latin America Forging Sales Market Share in Volume by Application in 2025 Figure 44. Latin America Forging Sales Market Share in Value by Application in 2025 Figure 45. Middle East and Africa Forging Sales Market Share in Volume by Application in 2025 Figure 46. Middle East and Africa Forging Sales Market Share in Value by Application in 2025 Figure 47. North America Forging Sales by Country: 2021 VS 2025 VS 2032 (K MT) Figure 48. North America Forging Sales Share by Country: 2021 VS 2025 VS 2032 Figure 49. North America Forging Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 50. North America Forging Market Share by Country: 2021 VS 2025 VS 2032 Figure 51. Europe Forging Sales by Country: 2021 VS 2025 VS 2032 (K MT) Figure 52. Europe Forging Sales Share by Country: 2021 VS 2025 VS 2032 Figure 53. Europe Forging Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 54. Europe Forging Market Share by Country: 2021 VS 2025 VS 2032 Figure 55. Asia-Pacific Forging Sales by Country: 2021 VS 2025 VS 2032 (K MT) Figure 56. Asia-Pacific Forging Sales Share by Country: 2021 VS 2025 VS 2032 Figure 57. Asia-Pacific Forging Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 58. Asia-Pacific Forging Market Share by Country: 2021 VS 2025 VS 2032 Figure 59. Latin America Forging Sales by Country: 2021 VS 2025 VS 2032 (K MT) Figure 60. Latin America Forging Sales Share by Country: 2021 VS 2025 VS 2032 Figure 61. Latin America Forging Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 62. Latin America Forging Market Share by Country: 2021 VS 2025 VS 2032 Figure 63. Middle East and Africa Forging Sales by Country: 2021 VS 2025 VS 2032 (K MT) Figure 64. Middle East and Africa Forging Sales Share by Country: 2021 VS 2025 VS 2032 Figure 65. Middle East and Africa Forging Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 66. Middle East and Africa Forging Market Share by Country: 2021 VS 2025 VS 2032 Figure 67. Forging Value Chain Figure 68. Key Raw Materials Price Figure 69. Manufacturing Cost Structure Figure 70. Forging Production Mode & Process Figure 71. Direct Comparison with Distribution Share Figure 72. Distributors Profiles Figure 73. Years Considered Figure 74. Research Process Figure 75. Key Executives Interviewed

Scope & coverage.

Types
  • Closed Die Forgings
  • Open Die Forgings
  • Rolled Rings Forgings
Applications
  • Automotive
  • Aerospace
  • Agricultural
  • General Industrial
  • Other
Companies covered
  • Nippon Steel & Sumitomo Metal
  • Aichi Steel
  • Thyssenkrupp
  • AAM
  • Bharat Forge
  • KOBELCO
  • WanXiang
  • FAW
  • Arconic
  • Mahindra Forgings Europe
  • Farinia
  • Longcheng Forging
  • Sinotruck
  • Dongfeng Forging
  • Jiangsu Pacific Precision Forging
  • Sypris Solutions
  • Ashok Leyland
  • Allegheny Technologies
  • VDM Metals
  • CITIC Heavy Industries

Inside the report.

1 Market Overview
  1. 1.1 Product Definition
  2. 1.2 Global Market Growth Prospects
  3. 1.2.1 Global Forging Market Size Estimates and Forecasts (2021-2032)
  4. 1.2.2 Global Forging Sales Estimates and Forecasts (2021-2032)
  5. 1.3 Forging Market by Type
  6. 1.3.1 Closed Die Forgings
  7. 1.3.2 Open Die Forgings
  8. 1.3.3 Rolled Rings Forgings
  9. 1.4 Global Forging Market Size by Type
  10. 1.4.1 Global Forging Market Size Overview by Type (2021-2032)
  11. 1.4.2 Global Forging Historic Market Size Review by Type (2021-2026)
  12. 1.4.3 Global Forging Forecasted Market Size by Type (2027-2032)
  13. 1.5 Key Regions Market Size by Type
  14. 1.5.1 North America Forging Sales Breakdown by Type (2021-2026)
  15. 1.5.2 Europe Forging Sales Breakdown by Type (2021-2026)
  16. 1.5.3 Asia-Pacific Forging Sales Breakdown by Type (2021-2026)
  17. 1.5.4 South America Forging Sales Breakdown by Type (2021-2026)
  18. 1.5.5 Middle East and Africa Forging Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
  1. 2.1 Forging Industry Trends
  2. 2.2 Forging Industry Drivers
  3. 2.3 Forging Industry Opportunities and Challenges
  4. 2.4 Forging Industry Restraints
3 Market Competitive Landscape by Company
  1. 3.1 Global Top Players by Forging Revenue (2021-2026)
  2. 3.2 Global Top Players by Forging Sales (2021-2026)
  3. 3.3 Global Top Players by Forging Price (2021-2026)
  4. 3.4 Global Forging Industry Company Ranking, 2024 VS 2025 VS 2026
  5. 3.5 Global Forging Major Company Production Sites & Headquarters
  6. 3.6 Global Forging Company, Product Type & Application
  7. 3.7 Global Forging Company Establishment Date
  8. 3.8 Market Competitive Analysis
  9. 3.8.1 Global Forging Market CR5 and HHI
  10. 3.8.2 Global Top 5 and 10 Forging Players Market Share by Revenue in 2025
  11. 3.8.3 2025 Forging Tier 1, Tier 2, and Tier 3
4 Forging Regional Status and Outlook
  1. 4.1 Global Forging Market Size and CAGR by Region: 2021 VS 2025 VS 2032
  2. 4.2 Global Forging Historic Market Size by Region
  3. 4.2.1 Global Forging Sales in Volume by Region (2021-2026)
  4. 4.2.2 Global Forging Sales in Value by Region (2021-2026)
  5. 4.2.3 Global Forging Sales (Volume & Value), Price and Gross Margin (2021-2026)
  6. 4.3 Global Forging Forecasted Market Size by Region
  7. 4.3.1 Global Forging Sales in Volume by Region (2027-2032)
  8. 4.3.2 Global Forging Sales in Value by Region (2027-2032)
  9. 4.3.3 Global Forging Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Forging by Application
  1. 5.1 Forging Market by Application
  2. 5.1.1 Automotive
  3. 5.1.2 Aerospace
  4. 5.1.3 Agricultural
  5. 5.1.4 General Industrial
  6. 5.1.5 Other
  7. 5.2 Global Forging Market Size by Application
  8. 5.2.1 Global Forging Market Size Overview by Application (2021-2032)
  9. 5.2.2 Global Forging Historic Market Size Review by Application (2021-2026)
  10. 5.2.3 Global Forging Forecasted Market Size by Application (2027-2032)
  11. 5.3 Key Regions Market Size by Application
  12. 5.3.1 North America Forging Sales Breakdown by Application (2021-2026)
  13. 5.3.2 Europe Forging Sales Breakdown by Application (2021-2026)
  14. 5.3.3 Asia-Pacific Forging Sales Breakdown by Application (2021-2026)
  15. 5.3.4 South America Forging Sales Breakdown by Application (2021-2026)
  16. 5.3.5 Middle East and Africa Forging Sales Breakdown by Application (2021-2026)
6 Company Profiles
  1. 6.1 Nippon Steel & Sumitomo Metal
  2. 6.1.1 Nippon Steel & Sumitomo Metal Company Information
  3. 6.1.2 Nippon Steel & Sumitomo Metal Business Overview
  4. 6.1.3 Nippon Steel & Sumitomo Metal Forging Sales, Revenue and Gross Margin (2021-2026)
  5. 6.1.4 Nippon Steel & Sumitomo Metal Forging Product Portfolio
  6. 6.1.5 Nippon Steel & Sumitomo Metal Recent Developments
  7. 6.2 Aichi Steel
  8. 6.2.1 Aichi Steel Company Information
  9. 6.2.2 Aichi Steel Business Overview
  10. 6.2.3 Aichi Steel Forging Sales, Revenue and Gross Margin (2021-2026)
  11. 6.2.4 Aichi Steel Forging Product Portfolio
  12. 6.2.5 Aichi Steel Recent Developments
  13. 6.3 Thyssenkrupp
  14. 6.3.1 Thyssenkrupp Company Information
  15. 6.3.2 Thyssenkrupp Business Overview
  16. 6.3.3 Thyssenkrupp Forging Sales, Revenue and Gross Margin (2021-2026)
  17. 6.3.4 Thyssenkrupp Forging Product Portfolio
  18. 6.3.5 Thyssenkrupp Recent Developments
  19. 6.4 AAM
  20. 6.4.1 AAM Company Information
  21. 6.4.2 AAM Business Overview
  22. 6.4.3 AAM Forging Sales, Revenue and Gross Margin (2021-2026)
  23. 6.4.4 AAM Forging Product Portfolio
  24. 6.4.5 AAM Recent Developments
  25. 6.5 Bharat Forge
  26. 6.5.1 Bharat Forge Company Information
  27. 6.5.2 Bharat Forge Business Overview
  28. 6.5.3 Bharat Forge Forging Sales, Revenue and Gross Margin (2021-2026)
  29. 6.5.4 Bharat Forge Forging Product Portfolio
  30. 6.5.5 Bharat Forge Recent Developments
  31. 6.6 KOBELCO
  32. 6.6.1 KOBELCO Company Information
  33. 6.6.2 KOBELCO Business Overview
  34. 6.6.3 KOBELCO Forging Sales, Revenue and Gross Margin (2021-2026)
  35. 6.6.4 KOBELCO Forging Product Portfolio
  36. 6.6.5 KOBELCO Recent Developments
  37. 6.7 WanXiang
  38. 6.7.1 WanXiang Company Information
  39. 6.7.2 WanXiang Business Overview
  40. 6.7.3 WanXiang Forging Sales, Revenue and Gross Margin (2021-2026)
  41. 6.7.4 WanXiang Forging Product Portfolio
  42. 6.7.5 WanXiang Recent Developments
  43. 6.8 FAW
  44. 6.8.1 FAW Company Information
  45. 6.8.2 FAW Business Overview
  46. 6.8.3 FAW Forging Sales, Revenue and Gross Margin (2021-2026)
  47. 6.8.4 FAW Forging Product Portfolio
  48. 6.8.5 FAW Recent Developments
  49. 6.9 Arconic
  50. 6.9.1 Arconic Company Information
  51. 6.9.2 Arconic Business Overview
  52. 6.9.3 Arconic Forging Sales, Revenue and Gross Margin (2021-2026)
  53. 6.9.4 Arconic Forging Product Portfolio
  54. 6.9.5 Arconic Recent Developments
  55. 6.10 Mahindra Forgings Europe
  56. 6.10.1 Mahindra Forgings Europe Company Information
  57. 6.10.2 Mahindra Forgings Europe Business Overview
  58. 6.10.3 Mahindra Forgings Europe Forging Sales, Revenue and Gross Margin (2021-2026)
  59. 6.10.4 Mahindra Forgings Europe Forging Product Portfolio
  60. 6.10.5 Mahindra Forgings Europe Recent Developments
  61. 6.11 Farinia
  62. 6.11.1 Farinia Company Information
  63. 6.11.2 Farinia Business Overview
  64. 6.11.3 Farinia Forging Sales, Revenue and Gross Margin (2021-2026)
  65. 6.11.4 Farinia Forging Product Portfolio
  66. 6.11.5 Farinia Recent Developments
  67. 6.12 Longcheng Forging
  68. 6.12.1 Longcheng Forging Company Information
  69. 6.12.2 Longcheng Forging Business Overview
  70. 6.12.3 Longcheng Forging Forging Sales, Revenue and Gross Margin (2021-2026)
  71. 6.12.4 Longcheng Forging Forging Product Portfolio
  72. 6.12.5 Longcheng Forging Recent Developments
  73. 6.13 Sinotruck
  74. 6.13.1 Sinotruck Company Information
  75. 6.13.2 Sinotruck Business Overview
  76. 6.13.3 Sinotruck Forging Sales, Revenue and Gross Margin (2021-2026)
  77. 6.13.4 Sinotruck Forging Product Portfolio
  78. 6.13.5 Sinotruck Recent Developments
  79. 6.14 Dongfeng Forging
  80. 6.14.1 Dongfeng Forging Company Information
  81. 6.14.2 Dongfeng Forging Business Overview
  82. 6.14.3 Dongfeng Forging Forging Sales, Revenue and Gross Margin (2021-2026)
  83. 6.14.4 Dongfeng Forging Forging Product Portfolio
  84. 6.14.5 Dongfeng Forging Recent Developments
  85. 6.15 Jiangsu Pacific Precision Forging
  86. 6.15.1 Jiangsu Pacific Precision Forging Company Information
  87. 6.15.2 Jiangsu Pacific Precision Forging Business Overview
  88. 6.15.3 Jiangsu Pacific Precision Forging Forging Sales, Revenue and Gross Margin (2021-2026)
  89. 6.15.4 Jiangsu Pacific Precision Forging Forging Product Portfolio
  90. 6.15.5 Jiangsu Pacific Precision Forging Recent Developments
  91. 6.16 Sypris Solutions
  92. 6.16.1 Sypris Solutions Company Information
  93. 6.16.2 Sypris Solutions Business Overview
  94. 6.16.3 Sypris Solutions Forging Sales, Revenue and Gross Margin (2021-2026)
  95. 6.16.4 Sypris Solutions Forging Product Portfolio
  96. 6.16.5 Sypris Solutions Recent Developments
  97. 6.17 Ashok Leyland
  98. 6.17.1 Ashok Leyland Company Information
  99. 6.17.2 Ashok Leyland Business Overview
  100. 6.17.3 Ashok Leyland Forging Sales, Revenue and Gross Margin (2021-2026)
  101. 6.17.4 Ashok Leyland Forging Product Portfolio
  102. 6.17.5 Ashok Leyland Recent Developments
  103. 6.18 Allegheny Technologies
  104. 6.18.1 Allegheny Technologies Company Information
  105. 6.18.2 Allegheny Technologies Business Overview
  106. 6.18.3 Allegheny Technologies Forging Sales, Revenue and Gross Margin (2021-2026)
  107. 6.18.4 Allegheny Technologies Forging Product Portfolio
  108. 6.18.5 Allegheny Technologies Recent Developments
  109. 6.19 VDM Metals
  110. 6.19.1 VDM Metals Company Information
  111. 6.19.2 VDM Metals Business Overview
  112. 6.19.3 VDM Metals Forging Sales, Revenue and Gross Margin (2021-2026)
  113. 6.19.4 VDM Metals Forging Product Portfolio
  114. 6.19.5 VDM Metals Recent Developments
  115. 6.20 CITIC Heavy Industries
  116. 6.20.1 CITIC Heavy Industries Company Information
  117. 6.20.2 CITIC Heavy Industries Business Overview
  118. 6.20.3 CITIC Heavy Industries Forging Sales, Revenue and Gross Margin (2021-2026)
  119. 6.20.4 CITIC Heavy Industries Forging Product Portfolio
  120. 6.20.5 CITIC Heavy Industries Recent Developments
7 North America by Country
  1. 7.1 North America Forging Sales by Country
  2. 7.1.1 North America Forging Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 7.1.2 North America Forging Sales by Country (2021-2026)
  4. 7.1.3 North America Forging Sales Forecast by Country (2027-2032)
  5. 7.2 North America Forging Market Size by Country
  6. 7.2.1 North America Forging Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 7.2.2 North America Forging Market Size by Country (2021-2026)
  8. 7.2.3 North America Forging Market Size Forecast by Country (2027-2032)
8 Europe by Country
  1. 8.1 Europe Forging Sales by Country
  2. 8.1.1 Europe Forging Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 8.1.2 Europe Forging Sales by Country (2021-2026)
  4. 8.1.3 Europe Forging Sales Forecast by Country (2027-2032)
  5. 8.2 Europe Forging Market Size by Country
  6. 8.2.1 Europe Forging Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 8.2.2 Europe Forging Market Size by Country (2021-2026)
  8. 8.2.3 Europe Forging Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
  1. 9.1 Asia-Pacific Forging Sales by Country
  2. 9.1.1 Asia-Pacific Forging Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 9.1.2 Asia-Pacific Forging Sales by Country (2021-2026)
  4. 9.1.3 Asia-Pacific Forging Sales Forecast by Country (2027-2032)
  5. 9.2 Asia-Pacific Forging Market Size by Country
  6. 9.2.1 Asia-Pacific Forging Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 9.2.2 Asia-Pacific Forging Market Size by Country (2021-2026)
  8. 9.2.3 Asia-Pacific Forging Market Size Forecast by Country (2027-2032)
10 South America by Country
  1. 10.1 South America Forging Sales by Country
  2. 10.1.1 South America Forging Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 10.1.2 South America Forging Sales by Country (2021-2026)
  4. 10.1.3 South America Forging Sales Forecast by Country (2027-2032)
  5. 10.2 South America Forging Market Size by Country
  6. 10.2.1 South America Forging Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 10.2.2 South America Forging Market Size by Country (2021-2026)
  8. 10.2.3 South America Forging Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
  1. 11.1 Middle East and Africa Forging Sales by Country
  2. 11.1.1 Middle East and Africa Forging Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 11.1.2 Middle East and Africa Forging Sales by Country (2021-2026)
  4. 11.1.3 Middle East and Africa Forging Sales Forecast by Country (2027-2032)
  5. 11.2 Middle East and Africa Forging Market Size by Country
  6. 11.2.1 Middle East and Africa Forging Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 11.2.2 Middle East and Africa Forging Market Size by Country (2021-2026)
  8. 11.2.3 Middle East and Africa Forging Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
  1. 12.1 Forging Value Chain Analysis
  2. 12.1.1 Forging Key Raw Materials
  3. 12.1.2 Key Raw Materials Price
  4. 12.1.3 Raw Materials Key Suppliers
  5. 12.1.4 Manufacturing Cost Structure
  6. 12.1.5 Forging Production Mode & Process
  7. 12.2 Forging Sales Channels Analysis
  8. 12.2.1 Direct Comparison with Distribution Share
  9. 12.2.2 Forging Distributors
  10. 12.2.3 Forging Customers
13 Concluding Insights
    14 Appendix
    1. 14.1 Reasons for Doing This Study
    2. 14.2 Research Methodology
    3. 14.3 Research Process
    4. 14.4 Authors List of This Report
    5. 14.5 Data Source
    6. 14.5.1 Secondary Sources
    7. 14.5.2 Primary Sources
    8. 14.6 Disclaimer

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