Aluminum Forging Market size was valued at USD 90.24 Bn in 2023 and is expected to reach USD 147.77 Bn by 2030, at a CAGR of 7.3 %.
Aluminum Forging Market Overview
The recently published “Aluminum Forging Market” Report by Maximize Market Research is available in the market. Maximize Market research is an international business consultancy firm, serving large and medium size players across the world. It has got clients in more than 34 countries.
The research analyst has said that the Asia Pacific region is a lucrative opportunity for the Aluminum Forging market and components manufacturers for the next ten years. The impact of the market is normal after the Covid Lockdown has been analyzed in the report and the market is showing an upward trend even in the midst of an economic slowdown.
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Aluminum Forging Market Scope
Market experts estimate that between 2021 and 2029, the Aluminum Forging market would rise steadily. As a result of the strong efforts, leading industry players are expected to continue to make aggressive measures to build the sector fast through 2021.
Import and export consumption, supply and demand chain, costs, shares, sales volumes, revenues, and gross profits are covered in the Aluminum Forging market analysis report. The manufacturing bases, capacity, production, factory prices, revenues, and market share of each manufacturer in the Aluminum Forging market are examined in the report. The United States (USA), Canada, Mexico, Germany, France, the United Kingdom (UK), Russia, Italy, China, Japan, South Korea, India, Southeast Asia, Australia, Brazil, and Saudi Arabia are among the countries (regions) researched.
Aluminum Forging Market Segmentation
by Alloy Type
Aluminum-Magnesium Alloy
Aluminum-Lithium Alloy
by Component Type
Engine Components
Structural Components
Transmission Components
by Manufacturing Process
Closed-Die Forging
Open-Die Forging
by End-User Industry
Aerospace Industry
Automotive Industry
Construction Industry
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Aluminum Forging Market Key Players
1. Alcoa Corporation (United States)
2. Bharat Forge Limited (India)
3. Nippon Steel & Sumitomo Metal Corporation (Japan)
4. Precision Castparts Corp. (United States)
5. Arconic Inc. (United States)
6. Thyssenkrupp AG (Germany)
7. ATI (Allegheny Technologies Incorporated) (United States)
8. Bharat Heavy Electricals Limited (India)
9. Metaldyne Performance Group Inc. (United States)
10. American Axle & Manufacturing Holdings, Inc. (United States)
11. Aichi Steel Corporation (Japan)
12. Mahindra CIE Automotive Limited (India)
13. Scot Forge Company (United States)
14. Ellwood Group, Inc. (United States)
15. Bruck GmbH (Germany)
Regional Analysis
The European region, North American region, Asia-Pacific region, the Middle East and Africa region, and Latin America are the five primary world regions included in the report. The Aluminum Forging Industry Research identifies the market's key geographies, as well as notable segments and sub-segments. The Aluminum Forging market report includes figures, geographies, revenue, and in-depth analysis of the business chain structure, opportunities, and industry news of the Aluminum Forging market
Key Questions answered in the Aluminum Forging Market Report are:
- What is Aluminum Forging Market?
- What is the forecast period of the Aluminum Forging Market?
- What is the competitive scenario of the Aluminum Forging market?
- Which region held the largest market share in the Aluminum Forging Market?
- What are the opportunities for the Aluminum Forging Market?
- What are the restraining factors in the Aluminum Forging market?
- Who are the key players of the Aluminum Forging market?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Aluminum Forging
- Landscape- Leading key players and other prominent key players.
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