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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.

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.

Selected research

Market Structure

Global Forging Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032

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.

The report provides an overview of the global Forging market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.

Read the full market overview

The study covers key producers of Forging and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.

The report also presents Forging sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.

In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Forging market size, projected growth trends, production technologies, key applications, and end-use industries.

Forging Segment 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

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.

2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.

3. To split the breakdown data by regions, type, manufacturers, and Application.

4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.

5. To identify significant trends, drivers, influence factors in global and regions.

6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

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: Provides an overview of the Forging market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).

Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Forging industry.

Chapter 3: Detailed analysis of Forging market competition landscape. Including Forging manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

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

Chapter 7: Production/Production Value of Forging by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 8: Consumption of Forging in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: Concluding Insights of the report.

More report detail

Tables and figures
List of Tables Table 1. Forging Industry Trends Table 2. Forging Industry Drivers Table 3. Forging Industry Opportunities and Challenges Table 4. Forging Industry Restraints Table 5. Global Forging Production Value by Manufacturers (US$ Million) & (2021-2026) Table 6. Global Forging Production Value Share by Manufacturers (2021-2026) Table 7. Global Forging Production by Manufacturers (K MT) & (2021-2026) Table 8. Global Forging Production Market Share by Manufacturers Table 9. Global Forging Average Price (USD/MT) of Manufacturers (2021-2026) Table 10. Global Forging Industry Manufacturers Ranking, 2024 VS 2025 VS 2026 Table 11. Global Forging Key Manufacturers Manufacturing Sites & Headquarters Table 12. Global Forging Manufacturers, Product Type & Application Table 13. Global Forging Manufacturers Established Date Table 14. Global Manufacturers Market Concentration Ratio (CR5 and HHI) Table 15. Global Forging by Manufacturers Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value of 2025) Table 16. Major Manufacturers of Closed Die Forgings Table 17. Major Manufacturers of Open Die Forgings Table 18. Major Manufacturers of Rolled Rings Forgings Table 19. Global Forging Production by Type 2021 VS 2025 VS 2032 (K MT) Table 20. Global Forging Production by Type (2021-2026) & (K MT) Table 21. Global Forging Production by Type (2027-2032) & (K MT) Table 22. Global Forging Production Market Share by Type (2021-2026) Table 23. Global Forging Production Market Share by Type (2027-2032) Table 24. Global Forging Production Value by Type 2021 VS 2025 VS 2032 (K MT) Table 25. Global Forging Production Value by Type (2021-2026) & (K MT) Table 26. Global Forging Production Value by Type (2027-2032) & (K MT) Table 27. Global Forging Production Value Market Share by Type (2021-2026) Table 28. Global Forging Production Value Market Share by Type (2027-2032) Table 29. Major Manufacturers of Automotive Table 30. Major Manufacturers of Aerospace Table 31. Major Manufacturers of Agricultural Table 32. Major Manufacturers of General Industrial Table 33. Major Manufacturers of Other Table 34. Global Forging Production by Application 2021 VS 2025 VS 2032 (K MT) Table 35. Global Forging Production by Application (2021-2026) & (K MT) Table 36. Global Forging Production by Application (2027-2032) & (K MT) Table 37. Global Forging Production Market Share by Application (2021-2026) Table 38. Global Forging Production Market Share by Application (2027-2032) Table 39. Global Forging Production Value by Application 2021 VS 2025 VS 2032 (K MT) Table 40. Global Forging Production Value by Application (2021-2026) & (K MT) Table 41. Global Forging Production Value by Application (2027-2032) & (K MT) Table 42. Global Forging Production Value Market Share by Application (2021-2026) Table 43. Global Forging Production Value Market Share by Application (2027-2032) Table 44. Nippon Steel & Sumitomo Metal Company Information Table 45. Nippon Steel & Sumitomo Metal Business Overview Table 46. Nippon Steel & Sumitomo Metal Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 47. Nippon Steel & Sumitomo Metal Forging Product Portfolio Table 48. Nippon Steel & Sumitomo Metal Recent Development Table 49. Aichi Steel Company Information Table 50. Aichi Steel Business Overview Table 51. Aichi Steel Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 52. Aichi Steel Forging Product Portfolio Table 53. Aichi Steel Recent Development Table 54. Thyssenkrupp Company Information Table 55. Thyssenkrupp Business Overview Table 56. Thyssenkrupp Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 57. Thyssenkrupp Forging Product Portfolio Table 58. Thyssenkrupp Recent Development Table 59. AAM Company Information Table 60. AAM Business Overview Table 61. AAM Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 62. AAM Forging Product Portfolio Table 63. AAM Recent Development Table 64. Bharat Forge Company Information Table 65. Bharat Forge Business Overview Table 66. Bharat Forge Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 67. Bharat Forge Forging Product Portfolio Table 68. Bharat Forge Recent Development Table 69. KOBELCO Company Information Table 70. KOBELCO Business Overview Table 71. KOBELCO Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 72. KOBELCO Forging Product Portfolio Table 73. KOBELCO Recent Development Table 74. WanXiang Company Information Table 75. WanXiang Business Overview Table 76. WanXiang Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 77. WanXiang Forging Product Portfolio Table 78. WanXiang Recent Development Table 79. FAW Company Information Table 80. FAW Business Overview Table 81. FAW Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 82. FAW Forging Product Portfolio Table 83. FAW Recent Development Table 84. Arconic Company Information Table 85. Arconic Business Overview Table 86. Arconic Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 87. Arconic Forging Product Portfolio Table 88. Arconic Recent Development Table 89. Mahindra Forgings Europe Company Information Table 90. Mahindra Forgings Europe Business Overview Table 91. Mahindra Forgings Europe Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 92. Mahindra Forgings Europe Forging Product Portfolio Table 93. Mahindra Forgings Europe Recent Development Table 94. Farinia Company Information Table 95. Farinia Business Overview Table 96. Farinia Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 97. Farinia Forging Product Portfolio Table 98. Farinia Recent Development Table 99. Longcheng Forging Company Information Table 100. Longcheng Forging Business Overview Table 101. Longcheng Forging Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 102. Longcheng Forging Forging Product Portfolio Table 103. Longcheng Forging Recent Development Table 104. Sinotruck Company Information Table 105. Sinotruck Business Overview Table 106. Sinotruck Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 107. Sinotruck Forging Product Portfolio Table 108. Sinotruck Recent Development Table 109. Dongfeng Forging Company Information Table 110. Dongfeng Forging Business Overview Table 111. Dongfeng Forging Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 112. Dongfeng Forging Forging Product Portfolio Table 113. Dongfeng Forging Recent Development Table 114. Jiangsu Pacific Precision Forging Company Information Table 115. Jiangsu Pacific Precision Forging Business Overview Table 116. Jiangsu Pacific Precision Forging Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 117. Jiangsu Pacific Precision Forging Forging Product Portfolio Table 118. Jiangsu Pacific Precision Forging Recent Development Table 119. Sypris Solutions Company Information Table 120. Sypris Solutions Business Overview Table 121. Sypris Solutions Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 122. Sypris Solutions Forging Product Portfolio Table 123. Sypris Solutions Recent Development Table 124. Ashok Leyland Company Information Table 125. Ashok Leyland Business Overview Table 126. Ashok Leyland Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 127. Ashok Leyland Forging Product Portfolio Table 128. Ashok Leyland Recent Development Table 129. Allegheny Technologies Company Information Table 130. Allegheny Technologies Business Overview Table 131. Allegheny Technologies Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 132. Allegheny Technologies Forging Product Portfolio Table 133. Allegheny Technologies Recent Development Table 134. VDM Metals Company Information Table 135. VDM Metals Business Overview Table 136. VDM Metals Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 137. VDM Metals Forging Product Portfolio Table 138. VDM Metals Recent Development Table 139. CITIC Heavy Industries Company Information Table 140. CITIC Heavy Industries Business Overview Table 141. CITIC Heavy Industries Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 142. CITIC Heavy Industries Forging Product Portfolio Table 143. CITIC Heavy Industries Recent Development Table 144. Global Forging Production by Region: 2021 VS 2025 VS 2032 (K MT) Table 145. Global Forging Production by Region (2021-2026) & (K MT) Table 146. Global Forging Production Market Share by Region (2021-2026) Table 147. Global Forging Production Forecast by Region (2027-2032) & (K MT) Table 148. Global Forging Production Market Share Forecast by Region (2027-2032) Table 149. Global Forging Production Value Comparison by Region: 2021 VS 2025 VS 2032 (US$ Million) Table 150. Global Forging Production Value by Region (2021-2026) & (US$ Million) Table 151. Global Forging Production Value Share by Region (2021-2026) Table 152. Global Forging Production Value by Region (2027-2032) & (US$ Million) Table 153. Global Forging Production Value Share by Region: (2027-2032) & (US$ Million) Table 154. Global Forging Market Average Price (USD/MT) by Region (2021-2026) Table 155. Global Forging Market Average Price (USD/MT) by Region (2027-2032) Table 156. Global Forging Consumption by Region: 2021 VS 2025 VS 2032 (K MT) Table 157. Global Forging Consumption by Region (2021-2026) & (K MT) Table 158. Global Forging Consumption Market Share by Region (2021-2026) Table 159. Global Forging Consumption Forecasted by Region (2027-2032) & (K MT) Table 160. Global Forging Consumption Forecasted Market Share by Region (2027-2032) Table 161. North America Forging Consumption Growth Rate by Country: 2021 VS 2025 VS 2032 (K MT) Table 162. North America Forging Consumption by Country (2021-2026) & (K MT) Table 163. North America Forging Consumption by Country (2027-2032) & (K MT) Table 164. Europe Forging Consumption Growth Rate by Country: 2021 VS 2025 VS 2032 (K MT) Table 165. Europe Forging Consumption by Country (2021-2026) & (K MT) Table 166. Europe Forging Consumption by Country (2027-2032) & (K MT) Table 167. Asia Pacific Forging Consumption Growth Rate by Country: 2021 VS 2025 VS 2032 (K MT) Table 168. Asia Pacific Forging Consumption by Country (2021-2026) & (K MT) Table 169. Asia Pacific Forging Consumption by Country (2027-2032) & (K MT) Table 170. South America Forging Consumption Growth Rate by Country: 2021 VS 2025 VS 2032 (K MT) Table 171. South America Forging Consumption by Country (2021-2026) & (K MT) Table 172. South America Forging Consumption by Country (2027-2032) & (K MT) Table 173. Middle East & Africa Forging Consumption Growth Rate by Country: 2021 VS 2025 VS 2032 (K MT) Table 174. Middle East & Africa Forging Consumption by Country (2021-2026) & (K MT) Table 175. Middle East & Africa Forging Consumption by Country (2027-2032) & (K MT) Table 176. Key Raw Materials Table 177. Raw Materials Key Suppliers Table 178. Forging Distributors List Table 179. Forging Customers List Table 180. Research Programs/Design for This Report Table 181. Authors List of This Report Table 182. Secondary Sources Table 183. Primary Sources List of Figures Figure 1. Forging Product Image Figure 2. Global Forging Production Value (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Forging Production Value (2021-2032) & (US$ Million) Figure 4. Global Forging Production Capacity (2021-2032) & (K MT) Figure 5. Global Forging Production (2021-2032) & (K MT) Figure 6. Global Forging Average Price (USD/MT) & (2021-2032) Figure 7. Global Top 5 and 10 Forging Players Market Share by Production Value in 2025 Figure 8. Manufacturers Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 9. Closed Die Forgings Image Figure 10. Open Die Forgings Image Figure 11. Rolled Rings Forgings Image Figure 12. Global Forging Production by Type (2021 VS 2025 VS 2032) & (K MT) Figure 13. Global Forging Production Market Share 2021 VS 2025 VS 2032 Figure 14. Global Forging Production Market Share by Type (2021-2032) Figure 15. Global Forging Production Value by Type (2021 VS 2025 VS 2032) & (K MT) Figure 16. Global Forging Production Value Share 2021 VS 2025 VS 2032 Figure 17. Global Forging Production Value Share by Type (2021-2032) Figure 18. Automotive Image Figure 19. Aerospace Image Figure 20. Agricultural Image Figure 21. General Industrial Image Figure 22. Other Image Figure 23. Global Forging Production by Application (2021 VS 2025 VS 2032) & (K MT) Figure 24. Global Forging Production Market Share 2021 VS 2025 VS 2032 Figure 25. Global Forging Production Market Share by Application (2021-2032) Figure 26. Global Forging Production Value by Application (2021 VS 2025 VS 2032) & (K MT) Figure 27. Global Forging Production Value Share 2021 VS 2025 VS 2032 Figure 28. Global Forging Production Value Share by Application (2021-2032) Figure 29. Global Forging Production by Region: 2021 VS 2025 VS 2032 (K MT) Figure 30. Global Forging Production Market Share by Region: 2021 VS 2025 VS 2032 Figure 31. Global Forging Production Value Comparison by Region: 2021 VS 2025 VS 2032 (US$ Million) Figure 32. Global Forging Production Value Share by Region: 2021 VS 2025 VS 2032 Figure 33. North America Forging Production Value (2021-2032) & (US$ Million) Figure 34. Europe Forging Production Value (2021-2032) & (US$ Million) Figure 35. Asia-Pacific Forging Production Value (2021-2032) & (US$ Million) Figure 36. South America Forging Production Value (2021-2032) & (US$ Million) Figure 37. Middle East & Africa Forging Production Value (2021-2032) & (US$ Million) Figure 38. North America Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 39. North America Forging Consumption Market Share by Country (2021-2032) Figure 40. U.S. Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 41. Canada Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 42. Mexico Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 43. Europe Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 44. Europe Forging Consumption Market Share by Country (2021-2032) Figure 45. Germany Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 46. France Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 47. U.K. Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 48. Italy Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 49. Netherlands Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 50. Asia Pacific Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 51. Asia Pacific Forging Consumption Market Share by Country (2021-2032) Figure 52. China Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 53. Japan Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 54. South Korea Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 55. Southeast Asia Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 56. India Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 57. Australia Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 58. South America Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 59. South America Forging Consumption Market Share by Country (2021-2032) Figure 60. Brazil Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 61. Argentina Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 62. Chile Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 63. Colombia Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 64. Middle East & Africa Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 65. Middle East & Africa Forging Consumption Market Share by Country (2021-2032) Figure 66. Egypt Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 67. South Africa Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 68. Israel Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 69. Türkiye Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 70. GCC Countries Forging Consumption and Growth Rate (2021-2032) & (K MT) Figure 71. Forging Value Chain Figure 72. Manufacturing Cost Structure Figure 73. Forging Production Mode & Process Figure 74. Direct Comparison with Distribution Share Figure 75. Distributors Profiles Figure 76. Years Considered Figure 77. Research Process Figure 78. 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 Production Value Estimates and Forecasts (2021-2032)
  4. 1.2.2 Global Forging Production Capacity Estimates and Forecasts (2021-2032)
  5. 1.2.3 Global Forging Production Estimates and Forecasts (2021-2032)
  6. 1.2.4 Global Forging Market Average Price (2021-2032)
  7. 1.3 Assumptions and Limitations
  8. 1.4 Study Goals and Objectives
2 Global Forging 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 Forging Market by Manufacturers
  1. 3.1 Global Forging Production Value by Manufacturers (2021-2026)
  2. 3.2 Global Forging Production by Manufacturers (2021-2026)
  3. 3.3 Global Forging Average Price by Manufacturers (2021-2026)
  4. 3.4 Global Forging Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
  5. 3.5 Global Forging Key Manufacturers Manufacturing Sites & Headquarters
  6. 3.6 Global Forging Manufacturers, Product Type & Application
  7. 3.7 Global Forging Manufacturers Established 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 Production Value in 2025
  11. 3.8.3 2025 Forging Tier 1, Tier 2, and Tier 3
4 Forging Market by Type
  1. 4.1 Forging Type Introduction
  2. 4.1.1 Closed Die Forgings
  3. 4.1.2 Open Die Forgings
  4. 4.1.3 Rolled Rings Forgings
  5. 4.2 Global Forging Production by Type
  6. 4.2.1 Global Forging Production by Type (2021 VS 2025 VS 2032)
  7. 4.2.2 Global Forging Production by Type (2021-2032)
  8. 4.2.3 Global Forging Production Market Share by Type (2021-2032)
  9. 4.3 Global Forging Production Value by Type
  10. 4.3.1 Global Forging Production Value by Type (2021 VS 2025 VS 2032)
  11. 4.3.2 Global Forging Production Value by Type (2021-2032)
  12. 4.3.3 Global Forging Production Value Market Share by Type (2021-2032)
5 Forging Market by Application
  1. 5.1 Forging Application Introduction
  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 Production by Application
  8. 5.2.1 Global Forging Production by Application (2021 VS 2025 VS 2032)
  9. 5.2.2 Global Forging Production by Application (2021-2032)
  10. 5.2.3 Global Forging Production Market Share by Application (2021-2032)
  11. 5.3 Global Forging Production Value by Application
  12. 5.3.1 Global Forging Production Value by Application (2021 VS 2025 VS 2032)
  13. 5.3.2 Global Forging Production Value by Application (2021-2032)
  14. 5.3.3 Global Forging Production Value Market Share by Application (2021-2032)
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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Global Forging Production by Region
  1. 7.1 Global Forging Production by Region: 2021 VS 2025 VS 2032
  2. 7.2 Global Forging Production by Region (2021-2032)
  3. 7.2.1 Global Forging Production by Region (2021-2026)
  4. 7.2.2 Global Forging Production Forecast by Region (2027-2032)
  5. 7.3 Global Forging Production by Region: 2021 VS 2025 VS 2032
  6. 7.4 Global Forging Production Value by Region (2021-2032)
  7. 7.4.1 Global Forging Production Value by Region (2021-2026)
  8. 7.4.2 Global Forging Production Value by Region (2027-2032)
  9. 7.5 Global Forging Market Price Analysis by Region (2021-2032)
  10. 7.6 Regional Production Value Trends (2021-2032)
  11. 7.6.1 North America Forging Production Value (2021-2032)
  12. 7.6.2 Europe Forging Production Value (2021-2032)
  13. 7.6.3 Asia-Pacific Forging Production Value (2021-2032)
  14. 7.6.4 South America Forging Production Value (2021-2032)
  15. 7.6.5 Middle East & Africa Forging Production Value (2021-2032)
8 Global Forging Consumption by Region
  1. 8.1 Global Forging Consumption by Region: 2021 VS 2025 VS 2032
  2. 8.2 Global Forging Consumption by Region (2021-2032)
  3. 8.2.1 Global Forging Consumption by Region (2021-2026)
  4. 8.2.2 Global Forging Consumption by Region (2027-2032)
  5. 8.3 North America
  6. 8.3.1 North America Forging Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
  7. 8.3.2 North America Forging Consumption by Country (2021-2032)
  8. 8.3.3 U.S.
  9. 8.3.4 Canada
  10. 8.3.5 Mexico
  11. 8.4 Europe
  12. 8.4.1 Europe Forging Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
  13. 8.4.2 Europe Forging Consumption by Country (2021-2032)
  14. 8.4.3 Germany
  15. 8.4.4 France
  16. 8.4.5 U.K.
  17. 8.4.6 Italy
  18. 8.4.7 Netherlands
  19. 8.5 Asia Pacific
  20. 8.5.1 Asia Pacific Forging Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
  21. 8.5.2 Asia Pacific Forging Consumption by Country (2021-2032)
  22. 8.5.3 China
  23. 8.5.4 Japan
  24. 8.5.5 South Korea
  25. 8.5.6 Southeast Asia
  26. 8.5.7 India
  27. 8.5.8 Australia
  28. 8.6 South America
  29. 8.6.1 South America Forging Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
  30. 8.6.2 South America Forging Consumption by Country (2021-2032)
  31. 8.6.3 Brazil
  32. 8.6.4 Argentina
  33. 8.6.5 Chile
  34. 8.6.6 Colombia
  35. 8.7 Middle East & Africa
  36. 8.7.1 Middle East & Africa Forging Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
  37. 8.7.2 Middle East & Africa Forging Consumption by Country (2021-2032)
  38. 8.7.3 Egypt
  39. 8.7.4 South Africa
  40. 8.7.5 Israel
  41. 8.7.6 Türkiye
  42. 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
  1. 9.1 Forging Value Chain Analysis
  2. 9.1.1 Forging Key Raw Materials
  3. 9.1.2 Raw Materials Key Suppliers
  4. 9.1.3 Manufacturing Cost Structure
  5. 9.1.4 Forging Production Mode & Process
  6. 9.2 Forging Sales Channels Analysis
  7. 9.2.1 Direct Comparison with Distribution Share
  8. 9.2.2 Forging Distributors
  9. 9.2.3 Forging Customers
10 Concluding Insights
    11 Appendix
    1. 11.1 Reasons for Doing This Study
    2. 11.2 Research Methodology
    3. 11.3 Research Process
    4. 11.4 Authors List of This Report
    5. 11.5 Data Source
    6. 11.5.1 Secondary Sources
    7. 11.5.2 Primary Sources
    8. 11.6 Disclaimer

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