Take Up Global Forged And Stamped Goods Market Opportunities with Clear Industry Data – Includes Forged And Stamped Goods Market Size
The Business Research Company’s report goes into great detail on the forged and stamped goods market size and growth, forged and stamped goods market regional analysis, forged and stamped goods market competitive landscape, and other critical information needed to excel in the forged and stamped goods industry.
Major players in the forged and stamped goods market include ArcelorMittal S.A, Berkshire Hathaway Inc., Thyssenkrupp AG, American Axle & Manufacturing Inc, Kobe Steel Ltd., Bharat Forge Limited, Illinois Tool Works Inc, Fine Sinter Co. Ltd, CITIC Heavy Industries Co.Ltd, and Allegheny Technologies Incorporated.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The global forged and stamped goods market size is expected to grow from $260.2 billion in 2021 to $286.09 billion in 2022 at a compound annual growth rate (CAGR) of 10.0%. The global forged and stamped good market size is expected to grow to $400.1 billion in 2026 at a CAGR of 8.7%.
Asia Pacific was the largest region in the forged and stamped goods market in 2021.
The forged and stamped market consists of sales of forged and stamped metal goods by entities (organizations, sole traders, and partnerships) that are engaged in manufacturing forgings from purchased metals, manufacturing metal custom roll forming products, manufacturing metal custom roll forming products, manufacturing metal stamped and spun products, and manufacturing powder metallurgy products.
Expected growth in the demand for aircraft manufacturing supported by the growing demand for international and domestic air travel and rising government defense budgets are expected to drive the demand for forged and stamped goods.
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Metal forgers are increasingly incorporating additive manufacturing technologies to offer customized designs to customers. 3D technology is being used in forging for balancing customization and personalization with efficiency and waste reduction. The 3D forging technology offers advantages, such as the preparation of complicated shapes and designs and negligible material loss.
TBRC’s Global Forged And Stamped Goods Market Report Is Segmented:
By Type: Iron and Steel Forged Goods, Nonferrous Forged Goods, Custom Roll Formed Goods, Powder Metallurgy Parts, Metal Crown, Closure, and Other Metal Stamped Goods
By End-User Industry: Automotive, Construction, Food and Beverage Packaging, Machinery, Metal Products, Others
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Forged And Stamped Goods Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the forged and stamped goods market globally and regionally, analyzes and forecasts market size, share, forged and stamped goods market players, forged and stamped goods market segments, leading competitor revenues, profiles and market shares.
Here Is A List Of Similar Reports From The Business Research Company:
Forging And Stamping Global Market Report 2022
Coated, Engraved, And Heat Treated Metal Products Global Market Report 2022
Stamped Metal Global Market Report 2022
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