Isothermal Forging Market
Isothermal Forging Market Analysis By Metal type (Steel, Copper, Nickel, Titanium, Tungsten, Aluminium, Cobalt, Iron & Others) By End-Use Vertical and By Region – Global Market Insights 2022 to 2032
Analysis of Isothermal Forging market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Isothermal Forging Market Outlook (2022 to 2032)
The global isothermal forging market reached a valuation of US$ 8.1 billion at the end of 2021 and is forecast to surge to US$ 14.6 billion by 2032, expanding at a healthy CAGR of 5.5% during the forecast period (2022 to 2032).
Demand for isothermal forging is predicted to grow as it is mainly used in the automotive industry, wherein, steel allows the designing of stronger vehicles with forged components.
| Report Attributes | Details |
|---|---|
| Isothermal Forging Market Size (2021A) | US$ 8.1 Billion |
| Estimated Market Value (2022E) | US$ 8.6 Billion |
| Forecasted Market Value (2032F) | US$ 14.6 Billion |
| Global Market Growth Rate (2022 to 2032) | ~5.5% CAGR |
| North America Market Share (2021) | ~18.7% |
| North America Market Growth Rate (2022 to 2032) | ~4.7% CAGR |
| United States Market Growth Rate (2022 to 2032) | ~4.5% CAGR |
| Key Companies Profiled | Anchor Harvey; Arconic Corp; ATI; Aubert and Duval; Bharat Forge Ltd; CFS Forge; H C Starck Solutions; Larsen & Toubro Ltd; Schuler Group; Trenton Forging |
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Demand Analysis of Isothermal Forging (2017 to 2021) in Comparison to Market Growth Forecasts (2022 to 2032)
Isothermal forging allows for a closer-net-shape forging, which reduces both, the amount of material and the amount of machining required to manufacture the product. It is utilized in high-stress jet engines and is applied to titanium and super alloys that are difficult to shape. This is also used to make crucial airplane parts and transportation equipment.
The market for isothermal forging is predicted to grow due to advanced technological effects connected to high usage in the automation and construction industries. Manufacturers of isothermal forging products are focusing on providing technically-advanced isothermal forging with added features, which include product safety, high performance, quality testing, and service providing.
The global market for isothermal forging expanded at 1.3% CAGR between 2017 and 2021 and is expected to rise faster at 5.5% CAGR through 2032, as per detailed industry analysis by Fact.MR, a market research and competitive intelligence provider.
What are the Key Trends Driving the Isothermal Forging Market?
“Forging Industry to Advance Economic Growth of End-use Verticals”
Market growth is closely related to economic and market conditions across the world. Forging companies have developed resilient, lean, flexible, and adaptable businesses to compete in the market.
End-use industries such as aerospace, oil & gas, shipbuilding & construction machinery are growing significantly. This has led to increased demand for isothermal forged parts in low-cost manufacturing countries such as China and India.
The impact of this factor is significant in developed countries and is expected to impact markets in developing countries in the near future.
“Innovation in Equipment & Processes to Support Market Growth”
In the rapidly developing end-use industries, demand for complex and innovative products is increasing. New products using an automatic isothermal forging processes are attracting the attention of equipment suppliers.
For commercial aircraft applications, these new machines can forge oversized parts from nickel- and titanium-based alloys. In the current situation, the impact of automation on the global isothermal forging market is minimal, but is expected to increase over the coming years.
“Huge Investments by End Users Will Provide Added Market Growth”
Growth in investments in end-use industries is expected to push the market for forged components. For instance, forged products such as gas lift mandrels and drill heads have a huge investment in the oil & gas sector and this is expected to drive demand for isothermal forging.
Companies such as Anchor Harvey, Arconic Corp, ATI, Aubert and Duval, Bharat Forge Ltd, CFS Forge, H C Starck Solutions, Larsen & Toubro Ltd, Schuler Group, and Trenton Forging are implementing newer technologies, thereby ensuring better quality and precision of components.
As isothermal forging provides robust products for the oil & gas sector, the market is expected to grow 1.6X over the forecast period (2022 to 2032).
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Country-wise Insights
Which Isothermal Forging Market Leads the East Asia Region?
The China isothermal forging market accounts for the largest market share of close to 73% in East Asia and is set to register 6.8% CAGR over the forecast period.
China's forging industry is working to manufacture forgings that are more precise, efficient, have more widespread digitalization, are lighter, and use less energy.
China's forging industry has developed a complete production chain and mastered a wide range of forging technologies. China is gradually improving its isothermal forging and production capacity to meet the high-end demand for metal forgings with complex forming and processing requirements.
China has almost ten times the steel manufacturing capability of the United States, which has provided consistency in demand for isothermal forging during the historic period.
At What Rate is the United States Isothermal Forging Market Progressing?
The isothermal forging industry in the United States is anticipated to expand at a CAGR of 4.5% over the decade.
With high penetration in metal manufacturing and high-quality products, the industry is likely to stay insulated from heavy import competition. Due to heavy demand from the oil & gas, construction, and automotive industries, the country is one of the main users of forged parts.
Owing to the rising demand for forged components from the automobile sector, the isothermal forging business in the United States is expected to grow steadily over the coming years.
Category-wise Insights
Which Type of Metal Holds Dominance in Isothermal Forging?
Steel is slated to capture a volume market share of 55% by 2032 expanding at 4.6% CAGR over the assessment period.
Steel currently makes up around 54% of regular vehicles. The steel industry has advanced to financing in manufacturing technologies and advancing materials that have led to the introduction of an extensive variety of new automotive steel components. Steel typically contains around 13% of the materials used in an aircraft.
The durability of steel is its most important characteristic. Its hardness, strength, and resistance to heat make it excellent for use. Moreover, steel is lightweight along with being cost-efficient.
Manufacturers are targeting new technologies of isothermal forging to enhance the overall production of steel, providing consistency in demand for steel isothermal forged products.
Will the Automotive Sector Remain at the Forefront for Isothermal Forging?
By 2032, the automotive segment is poised to expand at 6.8% CAGR and create an absolute dollar opportunity of US$ 2 billion.
Segment growth is primarily driven by increasing demand for automobiles due to population growth and rising global income. Electronic components and vehicles have been introduced due to changing customer demands for high-performance, lightweight vehicles, and also the growing popularity of fuel-efficient vehicles.
Steel is widely used in the automotive forging industry due to its strength, easy availability, and high elasticity. In addition, increased investments in infrastructure development and growth in construction activity are other factors that are expected to drive demand for commercial and off-highway vehicles, which are expected to drive the growth of the automotive forging market as well.
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Competitive Landscape
The global isothermal forging market is moderately fragmented due to the presence of several regional and global market players. Marketing strategies such as process advancements and constructive collaborations & partnerships are being adopted by market players such as Anchor Harvey, Arconic Corp, ATI, Aubert and Duval, Bharat Forge Ltd, CFS Forge, H C Starck Solutions, Larsen & Toubro Ltd, Schuler Group, and Trenton Forging.
Along with this, market players are leveraging economy of scale for forging with low costing to expand their presence in the market and garner a wider consumer base.
For instance :
- On 22 February 2022, Airbus, Safran and Tikehau Ace Capital signed a non-binding MOU with the Eramet Group for the joint acquisition of its subsidiary - Aubert & Duval.
- On 15 February 2022, Schuler received a third order from POSCO Group and will deliver a 1,600-ton machine to the processing center POSCO-CSPC China.
Fact.MR has provided detailed information about the price points of key players in the isothermal forging market positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Key Segments of Isothermal Forging Industry Analysis
-
By Metal Type :
- Steel
- Alloy Steel
- Carbon Steel
- Stainless Steel
- Copper
- Nickel
- Titanium
- Tungsten
- Aluminum
- Cobalt
- Iron
- Others
- Steel
-
By End-use Vertical :
- Aerospace & Defense
- Agricultural Equipment
- Automotive
- Construction & Mining Equipment & Components
- Electrical & Electronics
- Energy & Power
- Industrial & Manufacturing
- Marine & Rail Industry
- Oil & Gas
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
- 1. Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Demand (Tons) Analysis and Forecast
- 5. Global Market - Pricing Analysis
- 6. Global Market Value (US$ Million) Analysis and Forecast
- 7. Global Market Analysis and Forecast, By Metal Type
- 7.1. Steel
- 7.1.1. Alloy Steel
- 7.1.2. Carbon Steel
- 7.1.3. Stainless Steel
- 7.2. Copper
- 7.3. Nickel
- 7.4. Titanium
- 7.5. Tungsten
- 7.6. Aluminium
- 7.7. Cobalt
- 7.8. Iron
- 7.9. Others
- 7.1. Steel
- 8. Global Market Analysis and Forecast, By End Use Vertical
- 8.1. Aerospace & Defence
- 8.2. Agricultural Equipment
- 8.3. Automotive
- 8.4. Construction & Mining Equipment & Components
- 8.5. Electrical & Electronics
- 8.6. Energy & Power
- 8.7. Industrial & Manufacturing
- 8.8. Marine & Rail Industry
- 8.9. Oil & Gas
- 9. Global Market Analysis and Forecast, by Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East & Africa
- 10. North America Market Analysis and Forecast
- 11. Latin America Market Analysis and Forecast
- 12. Europe Market Analysis and Forecast
- 13. East Asia Market Analysis and Forecast
- 14. South Asia & Oceania Market Analysis and Forecast
- 15. Middle East & Africa Market Analysis and Forecast
- 16. Country-level Market Analysis and Forecast
- 17. Market Structure Analysis
- 18. Competition Analysis
- 18.1. Alcoa
- 18.2. Anchor Harvey
- 18.3. Arconic Corp
- 18.4. ATI
- 18.5. Aubert and Duval
- 18.6. Bharat Forge Ltd
- 18.7. Bruck GmbH
- 18.8. Bula Forge
- 18.9. Bunty LLC
- 18.10. Canada Forgings
- 18.11. CFS Forge
- 18.12. Coulter Forge Technology Inc
- 18.13. Ellwood Group Inc
- 18.14. Ferralloy Inc
- 18.15. FORGE RESOURCES GROUP
- 18.16. H C Starck Solutions
- 18.17. Larsen & Toubro Ltd
- 18.18. McKees Rocks Forgings
- 18.19. Nippon Steel Corp
- 18.20. Nord Machinery
- 18.21. Precision Castparts Corp
- 18.22. Schuler Group
- 18.23. Scot Forge
- 18.24. Trenton Forging
- 18.25. TrueForge Global Machinery Corp
- 18.26. Weldaloy Specialty Forging Company
- 19. Assumptions & Acronyms Used
- 20. Research Methodology
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List Of Table
Table 01. Global Market Value (US$ Million) and Forecast by Region, 2017 to 2021
Table 02. Global Market Value (US$ Million) and Forecast by Region, 2022 to 2032
Table 03. Global Market Volume (Tons) and Forecast by Region, 2017 to 2021
Table 04. Global Market Volume (Tons) and Forecast by Region, 2022 to 2032
Table 05. Global Market Value (US$ Million) and Forecast By Metal Type, 2017 to 2021
Table 06. Global Market Value (US$ Million) and Forecast By Metal Type, 2022 to 2032
Table 07. Global Market Volume (Tons) and Forecast By Metal Type, 2017 to 2021
Table 08. Global Market Volume (Tons) and Forecast By Metal Type, 2022 to 2032
Table 09. Global Market Value (US$ Million) and Forecast By End Use Vertical, 2017 to 2021
Table 10. Global Market Value (US$ Million) and Forecast By End Use Vertical, 2022 to 2032
Table 11. Global Market Volume (Tons) and Forecast By End Use Vertical, 2017 to 2021
Table 12. Global Market Volume (Tons) and Forecast By End Use Vertical, 2022 to 2032
Table 13. North America Market Value (US$ Million) and Forecast by Country, 2017 to 2021
Table 14. North America Market Value (US$ Million) and Forecast by Country, 2022 to 2032
Table 15. North America Market Volume (Tons) and Forecast by Country, 2017 to 2021
Table 16. North America Market Volume (Tons) and Forecast by Country, 2022 to 2032
Table 17. North America Market Value (US$ Million) and Forecast By Metal Type, 2017 to 2021
Table 18. North America Market Value (US$ Million) and Forecast By Metal Type, 2022 to 2032
Table 19. North America Market Volume (Tons) and Forecast By Metal Type, 2017 to 2021
Table 20. North America Market Volume (Tons) and Forecast By Metal Type, 2022 to 2032
Table 21. North America Market Value (US$ Million) and Forecast By End Use Vertical, 2017 to 2021
Table 22. North America Market Value (US$ Million) and Forecast By End Use Vertical, 2022 to 2032
Table 23. North America Market Volume (Tons) and Forecast By End Use Vertical, 2017 to 2021
Table 24. North America Market Volume (Tons) and Forecast By End Use Vertical, 2022 to 2032
Table 25. Latin America Market Value (US$ Million) and Forecast by Country, 2017 to 2021
Table 26. Latin America Market Value (US$ Million) and Forecast by Country, 2022 to 2032
Table 27. Latin America Market Volume (Tons) and Forecast by Country, 2017 to 2021
Table 28. Latin America Market Volume (Tons) and Forecast by Country, 2022 to 2032
Table 29. Latin America Market Value (US$ Million) and Forecast By Metal Type, 2017 to 2021
Table 30. Latin America Market Value (US$ Million) and Forecast By Metal Type, 2022 to 2032
Table 31. Latin America Market Volume (Tons) and Forecast By Metal Type, 2017 to 2021
Table 32. Latin America Market Volume (Tons) and Forecast By Metal Type, 2022 to 2032
Table 33. Latin America Market Value (US$ Million) and Forecast By End Use Vertical, 2017 to 2021
Table 34. Latin America Market Value (US$ Million) and Forecast By End Use Vertical, 2022 to 2032
Table 35. Latin America Market Volume (Tons) and Forecast By End Use Vertical, 2017 to 2021
Table 36. Latin America Market Volume (Tons) and Forecast By End Use Vertical, 2022 to 2032
Table 37. Europe Market Value (US$ Million) and Forecast by Country, 2017 to 2021
Table 38. Europe Market Value (US$ Million) and Forecast by Country, 2022 to 2032
Table 39. Europe Market Volume (Tons) and Forecast by Country, 2017 to 2021
Table 40. Europe Market Volume (Tons) and Forecast by Country, 2022 to 2032
Table 41. Europe Market Value (US$ Million) and Forecast By Metal Type, 2017 to 2021
Table 42. Europe Market Value (US$ Million) and Forecast By Metal Type, 2022 to 2032
Table 43. Europe Market Volume (Tons) and Forecast By Metal Type, 2017 to 2021
Table 44. Europe Market Volume (Tons) and Forecast By Metal Type, 2022 to 2032
Table 45. Europe Market Value (US$ Million) and Forecast By End Use Vertical, 2017 to 2021
Table 46. Europe Market Value (US$ Million) and Forecast By End Use Vertical, 2022 to 2032
Table 47. Europe Market Volume (Tons) and Forecast By End Use Vertical, 2017 to 2021
Table 48. Europe Market Volume (Tons) and Forecast By End Use Vertical, 2022 to 2032
Table 49. East Asia Market Value (US$ Million) and Forecast by Country, 2017 to 2021
Table 50. East Asia Market Value (US$ Million) and Forecast by Country, 2022 to 2032
Table 51. East Asia Market Volume (Tons) and Forecast by Country, 2017 to 2021
Table 52. East Asia Market Volume (Tons) and Forecast by Country, 2022 to 2032
Table 53. East Asia Market Value (US$ Million) and Forecast By Metal Type, 2017 to 2021
Table 54. East Asia Market Value (US$ Million) and Forecast By Metal Type, 2022 to 2032
Table 55. East Asia Market Volume (Tons) and Forecast By Metal Type, 2017 to 2021
Table 56. East Asia Market Volume (Tons) and Forecast By Metal Type, 2022 to 2032
Table 57. East Asia Market Value (US$ Million) and Forecast By End Use Vertical, 2017 to 2021
Table 58. East Asia Market Value (US$ Million) and Forecast By End Use Vertical, 2022 to 2032
Table 59. East Asia Market Volume (Tons) and Forecast By End Use Vertical, 2017 to 2021
Table 60. East Asia Market Volume (Tons) and Forecast By End Use Vertical, 2022 to 2032
Table 61. South Asia & Oceania Market Value (US$ Million) and Forecast by Country, 2017 to 2021
Table 62. South Asia & Oceania Market Value (US$ Million) and Forecast by Country, 2022 to 2032
Table 63. South Asia & Oceania Market Volume (Tons) and Forecast by Country, 2017 to 2021
Table 64. South Asia & Oceania Market Volume (Tons) and Forecast by Country, 2022 to 2032
Table 65. South Asia & Oceania Market Value (US$ Million) and Forecast By Metal Type, 2017 to 2021
Table 66. South Asia & Oceania Market Value (US$ Million) and Forecast By Metal Type, 2022 to 2032
Table 67. South Asia & Oceania Market Volume (Tons) and Forecast By Metal Type, 2017 to 2021
Table 68. South Asia & Oceania Market Volume (Tons) and Forecast By Metal Type, 2022 to 2032
Table 69. South Asia & Oceania Market Value (US$ Million) and Forecast By End Use Vertical, 2017 to 2021
Table 70. South Asia & Oceania Market Value (US$ Million) and Forecast By End Use Vertical, 2022 to 2032
Table 71. South Asia & Oceania Market Volume (Tons) and Forecast By End Use Vertical, 2017 to 2021
Table 72. South Asia & Oceania Market Volume (Tons) and Forecast By End Use Vertical, 2022 to 2032
Table 73. MEA Market Value (US$ Million) and Forecast by Country, 2017 to 2021
Table 74. MEA Market Value (US$ Million) and Forecast by Country, 2022 to 2032
Table 75. MEA Market Volume (Tons) and Forecast by Country, 2017 to 2021
Table 76. MEA Market Volume (Tons) and Forecast by Country, 2022 to 2032
Table 77. MEA Market Value (US$ Million) and Forecast By Metal Type, 2017 to 2021
Table 78. MEA Market Value (US$ Million) and Forecast By Metal Type, 2022 to 2032
Table 79. MEA Market Volume (Tons) and Forecast By Metal Type, 2017 to 2021
Table 80. MEA Market Volume (Tons) and Forecast By Metal Type, 2022 to 2032
Table 81. MEA Market Value (US$ Million) and Forecast By End Use Vertical, 2017 to 2021
Table 82. MEA Market Value (US$ Million) and Forecast By End Use Vertical, 2022 to 2032
Table 83. MEA Market Volume (Tons) and Forecast By End Use Vertical, 2017 to 2021
Table 84. MEA Market Volume (Tons) and Forecast By End Use Vertical, 2022 to 2032
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List Of Figures
Figure 01. Global Market Value (US$ Million) and Volume (Tons) Forecast, 2022 to 2032
Figure 02. Global Market Absolute $ Opportunity (US$ Million), 2022 to 2032
Figure 03. Global Market Value (US$ Million) and Volume (Tons) by Region, 2022 & 2032
Figure 04. Global Market Y-o-Y Growth Rate by Region, 2022 to 2032
Figure 05. Global Market Value (US$ Million) and Volume (Tons) By Metal Type, 2022 & 2032
Figure 06. Global Market Y-o-Y Growth Rate By Metal Type, 2022 to 2032
Figure 07. Global Market Value (US$ Million) and Volume (Tons) By End Use Vertical, 2022 & 2032
Figure 08. Global Market Y-o-Y Growth Rate By End Use Vertical, 2022 to 2032
Figure 09. North America Market Value (US$ Million) and Volume (Tons) Forecast, 2022 to 2032
Figure 10. North America Market Absolute $ Opportunity (US$ Million), 2022 to 2032
Figure 11. North America Market Value (US$ Million) and Volume (Tons) by Country, 2022 & 2032
Figure 12. North America Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 13. North America Market Value (US$ Million) and Volume (Tons) By Metal Type, 2022 & 2032
Figure 14. North America Market Y-o-Y Growth Rate By Metal Type, 2022 to 2032
Figure 15. North America Market Value (US$ Million) and Volume (Tons) By End Use Vertical, 2022 & 2032
Figure 16. North America Market Y-o-Y Growth Rate By End Use Vertical, 2022 to 2032
Figure 17. North America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 18. North America Market Attractiveness Analysis By Metal Type, 2022 to 2032
Figure 19. North America Market Attractiveness Analysis By End Use Vertical, 2022 to 2032
Figure 20. Latin America Market Value (US$ Million) and Volume (Tons) Forecast, 2022 to 2032
Figure 21. Latin America Market Absolute $ Opportunity (US$ Million), 2022 to 2032
Figure 22. Latin America Market Value (US$ Million) and Volume (Tons) by Country, 2022 & 2032
Figure 23. Latin America Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 24. Latin America Market Value (US$ Million) and Volume (Tons) By Metal Type, 2022 & 2032
Figure 25. Latin America Market Y-o-Y Growth Rate By Metal Type, 2022 to 2032
Figure 26. Latin America Market Value (US$ Million) and Volume (Tons) By End Use Vertical, 2022 & 2032
Figure 27. Latin America Market Y-o-Y Growth Rate By End Use Vertical, 2022 to 2032
Figure 28. Latin America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 29. Latin America Market Attractiveness Analysis By Metal Type, 2022 to 2032
Figure 30. Latin America Market Attractiveness Analysis By End Use Vertical, 2022 to 2032
Figure 31. Europe Market Value (US$ Million) and Volume (Tons) Forecast, 2022 to 2032
Figure 32. Europe Market Absolute $ Opportunity (US$ Million), 2022 to 2032
Figure 33. Europe Market Value (US$ Million) and Volume (Tons) by Country, 2022 & 2032
Figure 34. Europe Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 35. Europe Market Value (US$ Million) and Volume (Tons) By Metal Type, 2022 & 2032
Figure 36. Europe Market Y-o-Y Growth Rate By Metal Type, 2022 to 2032
Figure 37. Europe Market Value (US$ Million) and Volume (Tons) By End Use Vertical, 2022 & 2032
Figure 38. Europe Market Y-o-Y Growth Rate By End Use Vertical, 2022 to 2032
Figure 39. Europe Market Attractiveness Analysis by Country, 2022 to 2032
Figure 40. Europe Market Attractiveness Analysis By Metal Type, 2022 to 2032
Figure 41. Europe Market Attractiveness Analysis By End Use Vertical, 2022 to 2032
Figure 42. East Asia Market Value (US$ Million) and Volume (Tons) Forecast, 2022 to 2032
Figure 43. East Asia Market Absolute $ Opportunity (US$ Million), 2022 to 2032
Figure 44. East Asia Market Value (US$ Million) and Volume (Tons) by Country, 2022 & 2032
Figure 45. East Asia Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 46. East Asia Market Value (US$ Million) and Volume (Tons) By Metal Type, 2022 & 2032
Figure 47. East Asia Market Y-o-Y Growth Rate By Metal Type, 2022 to 2032
Figure 48. East Asia Market Value (US$ Million) and Volume (Tons) By End Use Vertical, 2022 & 2032
Figure 49. East Asia Market Y-o-Y Growth Rate By End Use Vertical, 2022 to 2032
Figure 50. East Asia Market Attractiveness Analysis by Country, 2022 to 2032
Figure 51. East Asia Market Attractiveness Analysis By Metal Type, 2022 to 2032
Figure 52. East Asia Market Attractiveness Analysis By End Use Vertical, 2022 to 2032
Figure 53. South Asia & Oceania Market Value (US$ Million) and Volume (Tons) Forecast, 2022 to 2032
Figure 54. South Asia & Oceania Market Absolute $ Opportunity (US$ Million), 2022 to 2032
Figure 55. South Asia & Oceania Market Value (US$ Million) and Volume (Tons) by Country, 2022 & 2032
Figure 56. South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 57. South Asia & Oceania Market Value (US$ Million) and Volume (Tons) By Metal Type, 2022 & 2032
Figure 58. South Asia & Oceania Market Y-o-Y Growth Rate By Metal Type, 2022 to 2032
Figure 59. South Asia & Oceania Market Value (US$ Million) and Volume (Tons) By End Use Vertical, 2022 & 2032
Figure 60. South Asia & Oceania Market Y-o-Y Growth Rate By End Use Vertical, 2022 to 2032
Figure 61. South Asia & Oceania Market Attractiveness Analysis by Country, 2022 to 2032
Figure 62. South Asia & Oceania Market Attractiveness Analysis By Metal Type, 2022 to 2032
Figure 63. South Asia & Oceania Market Attractiveness Analysis By End Use Vertical, 2022 to 2032
Figure 64. MEA Market Value (US$ Million) and Volume (Tons) Forecast, 2022 to 2032
Figure 65. MEA Market Absolute $ Opportunity (US$ Million), 2022 to 2032
Figure 66. MEA Market Value (US$ Million) and Volume (Tons) by Country, 2022 & 2032
Figure 67. MEA Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 68. MEA Market Value (US$ Million) and Volume (Tons) By Metal Type, 2022 & 2032
Figure 69. MEA Market Y-o-Y Growth Rate By Metal Type, 2022 to 2032
Figure 70. MEA Market Value (US$ Million) and Volume (Tons) By End Use Vertical, 2022 & 2032
Figure 71. MEA Market Y-o-Y Growth Rate By End Use Vertical, 2022 to 2032
Figure 72. MEA Market Attractiveness Analysis by Country, 2022 to 2032
Figure 73. MEA Market Attractiveness Analysis By Metal Type, 2022 to 2032
Figure 74. MEA Market Attractiveness Analysis By End Use Vertical, 2022 to 2032
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the global isothermal forging market size?
The global isothermal forging market is currently valued at US$ 8.6 billion.
How is the demand for isothermal forging expected to progress?
The market for isothermal forging products is anticipated to reach US$ 14.6 billion by 2032-end.
At what rate did the market evolve over the previous years?
From 2017 to 2021, demand for isothermal forging increased at 1.3% CAGR.
Who are the prominent manufacturers of isothermal forging products?
Anchor Harvey, Arconic Corp, ATI, Aubert and Duval, Bharat Forge Ltd, CFS Forge, H C Starck Solutions, Larsen & Toubro Ltd, Schuler Group, and Trenton Forging are prominent market players.
Which is a leading regional market for isothermal forging?
East Asia leads the global market accounting for 30.7% market share in 2022.
Which metal type accounts for a high share in isothermal forging?
Steel accounts for 55.1% share in the global isothermal forging market.
Isothermal Forging Market