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The growing demand for automobiles is projected to drive the expansion of the isothermal forging market in the coming years.

The global isothermal forging market is expected to grow from $7.77 billion in 2022 to $8.56 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The market is expected to reach $10.85 billion in 2027 at a CAGR of 6.1%.

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 Global Isothermal Forging  Market Segments Include:

• By Raw Material: Carbon Steel Metal Forging, Alloy Steel Metal Forging, Aluminum Metal Forging, Magnesium Metal Forging, Stainless Steel Metal Forging, Titanium Metal Forging, Other Raw Material Metal Forging
• By Processes: Conduction heating, Induction heating
• By End Use Vertical: Aerospace And Defense, Agriculture Equipment, Automotive, Construction And Mining Equipment And Components, Electrical And Electronic, Energy And Power, Industrial And Manufacturing, Marine And Rail, Oil And Gas.
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global isothermal forging market in 2021.

Major Market Players in the isothermal forging  market include Anchor Harvey, Arconic Corp., ATI Forged, Bharat Forge Ltd., CFS Forge, H C Starck Solutions, Larsen & Toubro Ltd., Schuler Group, Trenton Forging, Pratt & Whitney (P&W)

The use of enhanced technical effects is a key trend that is gaining traction in the isothermal forging market. To maintain their market position, major businesses in the isothermal forging industry are focusing on the development of innovative technologies. For example, the defence research and development organisation (DRDO), an India-based Department of defence research and development operating under the Ministry of Defence, developed an indigenous isothermal forging method for aircraft engines in May 2021. This technology is critical for making the five phases of high-pressure compressors (HPC) discs composed of tough-to-deform titanium alloy using its special 2000 MT isothermal forge press. This technology is critical for achieving self-sufficiency in the field of aero-engine technology.

The Isothermal Forging Global Market Report 2023  provides a isothermal forging  market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The isothermal forging  market forecast analyzes isothermal forging  market size, isothermal forging  market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Isothermal forging is a metal-forming method that involves forging a heated metal billet with a die that is kept at a constant temperature throughout the forging process. This method is used to create complex pieces with tight tolerances and high strength demands.

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