Press release
Global Forging Market Worth 67.88 billion By 2026 Says Research For Markets - Euler Hermes, Atradius, Coface, Zurich Insurance Company Ltd, Credendo, QBE Insurance, CESCE
Forging Market 2019-2026
Forging Market report presents an in-depth assessment of the Mobile Crusher including market drivers, challenges, enabling technologies, applications, key trends, standardization, regulatory landscape, case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Forging investments from 2019 till 2026.
The following manufacturers are covered in this report: Aichi Forge, Alcoa, ATI , Bharat Forge & Fitting, NIPPON STEEL & SUMITOMO METAL, thyssenkrupp Steel, American Axle & Manufacturing Holding , Ellwood City Forge Group, Precision Castparts, FRISA, HHI Forging, General Dynamics Ordnance & , Tactical Systems, Scot Forge, Sypris Solutions
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Global Forging Market valued approximately USD 67.88 billion in 2017 is anticipated to grow with a healthy growth rate of more than 6.32% over the forecast period 2019-2025. The major driving factor of global forging market are growing automotive industry, rising investment in the renewable energy, high strength metal components and cost effective method of metal forming. The major restraining factor of global forging market are increasing usage of casting or stamping process, rising demand for plastics as substitute and environmental rules & regulation and availability of light materials for automotive manufacturing. Forging refers to a process of shaping the material by applying compressive force manually by forging machines or with the use of power hammers. These forged parts include bolts, connecting rods, turbine shafts, crane hooks, hand tools, gears, and other components used in machine manufacturing
The regional analysis of Global Forging Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific has accounted the leading share with 55% in 2017 of total generating revenue across the globe due to rapid rise of construction and automotive industries in the region and continuously growing over the coming years. Europe is also contributing major share in the global market of Forging. North American region is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 due to large number of global players in the region.
By Product:
Rolled Rings
Open Die
Impression Die
By Application:
Automotive Industry
Aerospace Industry
Oil & Gas industry
Other
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Table of Content:
Chapter 1.Executive Summary
Chapter 2.Forging Market Definition and Scope
Chapter 3.Forging Market Dynamics
Chapter 4.Forging Market Industry Analysis
Chapter 5.Forging Market, by Product
Chapter 6.Forging Market, by Application
Chapter 7.Forging Market, by Regional Analysis
Chapter 8.Competitive Intelligence
Chapter 9.Research Process
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About Us:
Research For Markets indulge in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East And Africa.
Contact:
Mr. A Naidu
Research for Markets
Tel: +44 8000-4182-37 (UK)
Email: alan.naidu@researchformarkets.com
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