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NEW YORK , Nov. 24, 2021 /PRNewswire/ -- The "Forging Market by End-user (Automotive and Others), Geography (APAC, Europe , North America , South America , and MEA), and Product (Closed die forging, Open die forging, and Seamless rings) - Forecast and Analysis 2021-2025" report has been added to Technavio's offerings. With ISO 9001:2015 certification, Technavio has been proudly partnering with more than 100 Fortune 500 companies for over 16 years.
The potential growth difference for the forging market between 2020 and 2025 is 13.53 million t. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
The advantages of forging over other fabrication techniques and advent of new hybrid forging techniques are some of the key market drivers. However, factors such as instability in variable costs will challenge market growth.
To learn about additional key drivers, trends, and challenges available with Technavio, Read our FREE Sample Report right now!
The forging market report is segmented by end-user (automotive and others), geography (APAC, Europe , North America , South America , and MEA), and product (closed die forging, open die forging, and seamless rings). APAC will be the leading region with 65% of the market's growth during the forecast period. China and India are the key countries for the forging market in APAC.
View our sample report for additional insights into the contribution of all the segments and regional opportunities in the report.
Accelerate at a CAGR of 6%
APAC, Europe, North America, South America, and MEA
China, Germany, US, India, and Italy
Leading companies, competitive strategies, consumer engagement scope
Aichi Steel Corp., Allegheny Technologies Inc., Aluminum Precision Products, ASAHI FORGE Corp., Bharat Forge Ltd., Bruck GmbH, FOUNTAINTOWN FORGE, INC., Pacific Forge Inc., Patriot Forge Co., and Scot Forge Co.
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
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