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Metal Forging Market :- Ansteel Vigano' Srl., Arconic, ATI., Bharat Forge, Bruck GmbH, ELLWOOD Group Inc., JAPAN CASTING & FORGING CORP, Hilton Metal Forging Ltd., Ace Forge pvt. ltd., L. A. Weiss, Chauhan Metal Forging Works., Drop Forging, Trenton Forgi

11-20-2019 09:31 AM CET | IT, New Media & Software

Press release from: Data Bridge Market Research

/ PR Agency: Data Bridge Market Research
Metal Forging Market

Metal Forging Market

The Metal Forging market report gives an inside and out cognizance about market development by seeking past advancements, and contemplating the current circumstance and future gauges dependent on dynamic and likely regions. The detail investigation of the Metal Forging market dependent on elite players, present, past and cutting edge information which will offer as a gainful guide for all Metal Forging Market contenders. This report covers a thorough analysis of the business arrangements that affects Metal Forging Market essentially such as, the cost structure of the items accessible in the market, their demand/supply details and details about their manufacturing chain.

Global Metal Forging Market is set to witness a substantial CAGR of 7.75% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising production of aircraft and increasing passenger traffic are the factors for the growth of this market.

Forging is a process which uses different comprehensive forces so that it can shape the metals. Carbon steel, stainless steel, titanium, aluminium, magnesium and other are some of the common raw materials of the metal forging. Metal forging usually increase the strength of the material by closing the empty spaces and blocking the cracks. They also remove the inclusion in the part which is forged by breaking the impurities and redistributing it in the metal work. They are widely used in applications such as oil and gas, construction, automotive, agriculture and others.

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Market Drivers:

Increasing demand from automotive sector will drive the market growth
Growth of aerospace and defense sector will also propel the market growth
Rising demand of titanium for the production of aircraft components will also enhance the growth of this market
Increasing demand for crude steel will also accelerate the market growth
Segmentation: Global Metal Forging Market

By Raw Material

Carbon Steel
Alloy Steel
Aluminum
Magnesium
Stainless Steel
Titanium
Others
By Application

Automotive
Aerospace
Oil & Gas
Construction
Agriculture
Others
By Geography

North America
Europe
Asia-Pacific
South America
Middle East and Africa
Browse Full Report with Details TOC @ https://databridgemarketresearch.com/toc/?dbmr=global-metal-forging-market

Key Developments in the Market:

In September 2018, Ohio Star Forge (OSF) announced that they completed the addition of 15,000 square feet to its building for a new machining division. The company now have five forging machines and around 120 employees. The company provide forgings to the industries such as automotive, oil & gas and others
In November 2016, Bharat Forge announced that they have acquired Walker Forge Tennessee so that they can expand their portfolio in the U.S. This acquisition will help the company to provide their products in the industries such as construction, mining, commercial vehicles and other industries and enhance their presence in North America
Competitive Analysis:

Global metal forging market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of metal forging market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Key Market Competitors:

Few of the major competitors currently working in the global metal forging market are Ansteel Vigano’ Srl., Arconic, ATI., Bharat Forge, Bruck GmbH, ELLWOOD Group Inc., JAPAN CASTING & FORGING CORP, Hilton Metal Forging Ltd., Ace Forge pvt. ltd., L. A. Weiss, Chauhan Metal Forging Works., Drop Forging, Trenton Forging, Pradeep Metals Limited, A V Steel Forgings, Green Bay Drop Forge, Advance Forgings, CALMET, Shree Siddheshwari Metal Forging Pvt. Ltd, Viking Forge, LARSEN & TOUBRO LIMITED, Precision Castparts Corp and others.

Data Bridge Market Research
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About Us

Data Bridge Market Research is a versatile market research and consulting firm with over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Our coverage of industries include Medical Devices, Pharmaceuticals, Biotechnology, Semiconductors, Machinery, Information and Communication Technology, Automobiles and Automotive, Chemical and Material, Packaging, Food and Beverages, Cosmetics, Specialty Chemicals, Fast Moving Consumer Goods, Robotics, among many others.

Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. Get Customization and Discount on Report by emailing Corporatesales@databridgemarketresearch.com . We are content with our glorious 99.9 % client satisfying rate.

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