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Global Casting and Forging Market Research Report 2024
Synopsis
Casting is the process where metal is heated until molten. While in the molten or liquid state it is poured into a mold or vessel to create a desired shape. Forging is the application of thermal and mechanical energy to steel billets or ingots to cause the material to change shape while in a solid state. This report mainly studies casting and forging market.
The global Casting and Forging market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Casting and Forging is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Casting and Forging is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Casting and Forging in Automotive is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Casting and Forging include Precision Castparts Corp, Thyssenkrupp, Arconic, Eramet Group, Avic Heavy Machinery, VSMPO-AVISMA, Allegheny Technologies, NIPPON STEEL and KOBELCO, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Casting and Forging, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Casting and Forging.
Report Scope
The Casting and Forging market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Casting and Forging market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Casting and Forging companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Precision Castparts Corp
Thyssenkrupp
Arconic
Eramet Group
Avic Heavy Machinery
VSMPO-AVISMA
Allegheny Technologies
NIPPON STEEL
KOBELCO
Aichi Steel
Amsted Rail
Weichai
RYOBI
Doosan Enerbility
Alcoa
Kobe Steel
Mahindra Forgings Europe
Siempelkamp
Bharat Forge Limited
KITZ
Segment by Type
Casting
Forging
Segment by Application
Automotive
Aerospace
Heavy Machine
Energy Industry
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Casting and Forging companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Casting is the process where metal is heated until molten. While in the molten or liquid state it is poured into a mold or vessel to create a desired shape. Forging is the application of thermal and mechanical energy to steel billets or ingots to cause the material to change shape while in a solid state. This report mainly studies casting and forging market.
The global Casting and Forging market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Casting and Forging is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Casting and Forging is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Casting and Forging in Automotive is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Casting and Forging include Precision Castparts Corp, Thyssenkrupp, Arconic, Eramet Group, Avic Heavy Machinery, VSMPO-AVISMA, Allegheny Technologies, NIPPON STEEL and KOBELCO, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Casting and Forging, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Casting and Forging.
Report Scope
The Casting and Forging market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Casting and Forging market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Casting and Forging companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Precision Castparts Corp
Thyssenkrupp
Arconic
Eramet Group
Avic Heavy Machinery
VSMPO-AVISMA
Allegheny Technologies
NIPPON STEEL
KOBELCO
Aichi Steel
Amsted Rail
Weichai
RYOBI
Doosan Enerbility
Alcoa
Kobe Steel
Mahindra Forgings Europe
Siempelkamp
Bharat Forge Limited
KITZ
Segment by Type
Casting
Forging
Segment by Application
Automotive
Aerospace
Heavy Machine
Energy Industry
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Casting and Forging companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Casting and Forging Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Casting
1.2.3 Forging
1.3 Market by Application
1.3.1 Global Casting and Forging Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Automotive
1.3.3 Aerospace
1.3.4 Heavy Machine
1.3.5 Energy Industry
1.3.6 Other
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Casting and Forging Market Perspective (2019-2030)
2.2 Casting and Forging Growth Trends by Region
2.2.1 Global Casting and Forging Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Casting and Forging Historic Market Size by Region (2019-2024)
2.2.3 Casting and Forging Forecasted Market Size by Region (2025-2030)
2.3 Casting and Forging Market Dynamics
2.3.1 Casting and Forging Industry Trends
2.3.2 Casting and Forging Market Drivers
2.3.3 Casting and Forging Market Challenges
2.3.4 Casting and Forging Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Casting and Forging Players by Revenue
3.1.1 Global Top Casting and Forging Players by Revenue (2019-2024)
3.1.2 Global Casting and Forging Revenue Market Share by Players (2019-2024)
3.2 Global Casting and Forging Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Casting and Forging Revenue
3.4 Global Casting and Forging Market Concentration Ratio
3.4.1 Global Casting and Forging Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Casting and Forging Revenue in 2023
3.5 Casting and Forging Key Players Head office and Area Served
3.6 Key Players Casting and Forging Product Solution and Service
3.7 Date of Enter into Casting and Forging Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Casting and Forging Breakdown Data by Type
4.1 Global Casting and Forging Historic Market Size by Type (2019-2024)
4.2 Global Casting and Forging Forecasted Market Size by Type (2025-2030)
5 Casting and Forging Breakdown Data by Application
5.1 Global Casting and Forging Historic Market Size by Application (2019-2024)
5.2 Global Casting and Forging Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Casting and Forging Market Size (2019-2030)
6.2 North America Casting and Forging Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Casting and Forging Market Size by Country (2019-2024)
6.4 North America Casting and Forging Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Casting and Forging Market Size (2019-2030)
7.2 Europe Casting and Forging Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Casting and Forging Market Size by Country (2019-2024)
7.4 Europe Casting and Forging Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Casting and Forging Market Size (2019-2030)
8.2 Asia-Pacific Casting and Forging Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Casting and Forging Market Size by Region (2019-2024)
8.4 Asia-Pacific Casting and Forging Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Casting and Forging Market Size (2019-2030)
9.2 Latin America Casting and Forging Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Casting and Forging Market Size by Country (2019-2024)
9.4 Latin America Casting and Forging Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Casting and Forging Market Size (2019-2030)
10.2 Middle East & Africa Casting and Forging Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Casting and Forging Market Size by Country (2019-2024)
10.4 Middle East & Africa Casting and Forging Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Precision Castparts Corp
11.1.1 Precision Castparts Corp Company Detail
11.1.2 Precision Castparts Corp Business Overview
11.1.3 Precision Castparts Corp Casting and Forging Introduction
11.1.4 Precision Castparts Corp Revenue in Casting and Forging Business (2019-2024)
11.1.5 Precision Castparts Corp Recent Development
11.2 Thyssenkrupp
11.2.1 Thyssenkrupp Company Detail
11.2.2 Thyssenkrupp Business Overview
11.2.3 Thyssenkrupp Casting and Forging Introduction
11.2.4 Thyssenkrupp Revenue in Casting and Forging Business (2019-2024)
11.2.5 Thyssenkrupp Recent Development
11.3 Arconic
11.3.1 Arconic Company Detail
11.3.2 Arconic Business Overview
11.3.3 Arconic Casting and Forging Introduction
11.3.4 Arconic Revenue in Casting and Forging Business (2019-2024)
11.3.5 Arconic Recent Development
11.4 Eramet Group
11.4.1 Eramet Group Company Detail
11.4.2 Eramet Group Business Overview
11.4.3 Eramet Group Casting and Forging Introduction
11.4.4 Eramet Group Revenue in Casting and Forging Business (2019-2024)
11.4.5 Eramet Group Recent Development
11.5 Avic Heavy Machinery
11.5.1 Avic Heavy Machinery Company Detail
11.5.2 Avic Heavy Machinery Business Overview
11.5.3 Avic Heavy Machinery Casting and Forging Introduction
11.5.4 Avic Heavy Machinery Revenue in Casting and Forging Business (2019-2024)
11.5.5 Avic Heavy Machinery Recent Development
11.6 VSMPO-AVISMA
11.6.1 VSMPO-AVISMA Company Detail
11.6.2 VSMPO-AVISMA Business Overview
11.6.3 VSMPO-AVISMA Casting and Forging Introduction
11.6.4 VSMPO-AVISMA Revenue in Casting and Forging Business (2019-2024)
11.6.5 VSMPO-AVISMA Recent Development
11.7 Allegheny Technologies
11.7.1 Allegheny Technologies Company Detail
11.7.2 Allegheny Technologies Business Overview
11.7.3 Allegheny Technologies Casting and Forging Introduction
11.7.4 Allegheny Technologies Revenue in Casting and Forging Business (2019-2024)
11.7.5 Allegheny Technologies Recent Development
11.8 NIPPON STEEL
11.8.1 NIPPON STEEL Company Detail
11.8.2 NIPPON STEEL Business Overview
11.8.3 NIPPON STEEL Casting and Forging Introduction
11.8.4 NIPPON STEEL Revenue in Casting and Forging Business (2019-2024)
11.8.5 NIPPON STEEL Recent Development
11.9 KOBELCO
11.9.1 KOBELCO Company Detail
11.9.2 KOBELCO Business Overview
11.9.3 KOBELCO Casting and Forging Introduction
11.9.4 KOBELCO Revenue in Casting and Forging Business (2019-2024)
11.9.5 KOBELCO Recent Development
11.10 Aichi Steel
11.10.1 Aichi Steel Company Detail
11.10.2 Aichi Steel Business Overview
11.10.3 Aichi Steel Casting and Forging Introduction
11.10.4 Aichi Steel Revenue in Casting and Forging Business (2019-2024)
11.10.5 Aichi Steel Recent Development
11.11 Amsted Rail
11.11.1 Amsted Rail Company Detail
11.11.2 Amsted Rail Business Overview
11.11.3 Amsted Rail Casting and Forging Introduction
11.11.4 Amsted Rail Revenue in Casting and Forging Business (2019-2024)
11.11.5 Amsted Rail Recent Development
11.12 Weichai
11.12.1 Weichai Company Detail
11.12.2 Weichai Business Overview
11.12.3 Weichai Casting and Forging Introduction
11.12.4 Weichai Revenue in Casting and Forging Business (2019-2024)
11.12.5 Weichai Recent Development
11.13 RYOBI
11.13.1 RYOBI Company Detail
11.13.2 RYOBI Business Overview
11.13.3 RYOBI Casting and Forging Introduction
11.13.4 RYOBI Revenue in Casting and Forging Business (2019-2024)
11.13.5 RYOBI Recent Development
11.14 Doosan Enerbility
11.14.1 Doosan Enerbility Company Detail
11.14.2 Doosan Enerbility Business Overview
11.14.3 Doosan Enerbility Casting and Forging Introduction
11.14.4 Doosan Enerbility Revenue in Casting and Forging Business (2019-2024)
11.14.5 Doosan Enerbility Recent Development
11.15 Alcoa
11.15.1 Alcoa Company Detail
11.15.2 Alcoa Business Overview
11.15.3 Alcoa Casting and Forging Introduction
11.15.4 Alcoa Revenue in Casting and Forging Business (2019-2024)
11.15.5 Alcoa Recent Development
11.16 Kobe Steel
11.16.1 Kobe Steel Company Detail
11.16.2 Kobe Steel Business Overview
11.16.3 Kobe Steel Casting and Forging Introduction
11.16.4 Kobe Steel Revenue in Casting and Forging Business (2019-2024)
11.16.5 Kobe Steel Recent Development
11.17 Mahindra Forgings Europe
11.17.1 Mahindra Forgings Europe Company Detail
11.17.2 Mahindra Forgings Europe Business Overview
11.17.3 Mahindra Forgings Europe Casting and Forging Introduction
11.17.4 Mahindra Forgings Europe Revenue in Casting and Forging Business (2019-2024)
11.17.5 Mahindra Forgings Europe Recent Development
11.18 Siempelkamp
11.18.1 Siempelkamp Company Detail
11.18.2 Siempelkamp Business Overview
11.18.3 Siempelkamp Casting and Forging Introduction
11.18.4 Siempelkamp Revenue in Casting and Forging Business (2019-2024)
11.18.5 Siempelkamp Recent Development
11.19 Bharat Forge Limited
11.19.1 Bharat Forge Limited Company Detail
11.19.2 Bharat Forge Limited Business Overview
11.19.3 Bharat Forge Limited Casting and Forging Introduction
11.19.4 Bharat Forge Limited Revenue in Casting and Forging Business (2019-2024)
11.19.5 Bharat Forge Limited Recent Development
11.20 KITZ
11.20.1 KITZ Company Detail
11.20.2 KITZ Business Overview
11.20.3 KITZ Casting and Forging Introduction
11.20.4 KITZ Revenue in Casting and Forging Business (2019-2024)
11.20.5 KITZ Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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