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Trending 2020-2025 Metal Forging Market Report Size, Revenue, Shares, CAGR Status, Analysis and Top Industry Players- Nippon Steel, China First Heavy Industries, Ellwood Group Inc., Bharat Forge Ltd
The global metal forging market size was valued at USD 80 billion in 2019 and is expected to witness a CAGR of 9% from 2020 to 2026The report discusses many vital industry facets that influence Metal Forging acutely which includes extensive study of competitive edge, latest technological advancements, region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation.
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Metal forging is a metalworking process, wherein a metal is deformed in a controlled manner by using compressive forces to form a specific shape product. It is widely used to manufacture complex structured components for the automotive, aerospace & defense, power, and oil & gas industries.
The research report has incorporated the analysis of different factors that augment the markets growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones
Metal Forging Market Segmentation:
Top leading Manufactures Profiled in Metal Forging Market Report are:
Nippon Steel, China First Heavy Industries, Ellwood Group Inc., Bharat Forge Ltd., Kovrna VIVA, thyssenkrupp Business Area Components Technology, Arconic, Scot Forge, Bruck GmbH, Precision Castparts Corp., ATI, Larsen & Toubro Limited, Japan Casting & Forging Corp., Jiangyin Hengrun Heavy Industries Co., Ltd, etc.
Market Research Study Focus on these Types:
Carbon Steel
Alloy Steel
Aluminum
Magnesium
Stainless Steel
Titanium
Others
Market Research Study Focus on these Applications:
Automotive
Aerospace
Oil & Gas
Construction
Agriculture
Others
Industry News and Updates:
*February 12, 2020 Hilton Metal Forging standalone net profit rises 60.47% in the December 2019 quarter
1) Nippon Steel:
TOKYO APRIL 21, 2020 Nippon Steel to idle 3rd blast furnace to offset demand hit from virus
TOKYO FEBRUARY 7, 2020 Nippon Steel to cut 10% of steel output capacity, faces record loss
01 Apr 2019 Nippon Steel to bolster overseas business, focus on India
Nov. 21, 2018 NSSMC will Enhance Wheel Mill Facility of its Railway Manufacturing Line
Jul. 19, 2018 Steel Wires Joint Venture Company for Cold Heading and Forging in USA (NSCI) holds an Opening Ceremony
2) Bharat Forge Ltd:
Dec 31, 2019 Bharat Forge increases stake in defense tech supplier Aeron Systems
3) Thyssenkrupp:
May 17, 2019 Turmoil at Thyssenkrupp marks battle for Germany's economic identity
13 January 2020 Thyssenkrupp explores steel merger with Salzgitter
06 Oct 2017 ThyssenKrupp combines forging units to form Forged Technologies
OCTOBER 4, 2017 FRANKFURT Thyssenkrupp creates new business unit for forging activities
Inquire for Discount of Metal Forging Market Report at:
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Metal Forging Market Scenario:
This research report represents a 360-degree overview of the competitive landscape of the Metal Forging Market. Furthermore, it offers massive data relating to recent trends, technological advancements, tools, and methodologies. The research report analyzes the Metal Forging Market in a detailed and concise manner for better insights into the businesses.
Report evaluates the growth rate and the Market value based on Market dynamics, growth inducing factors. The complete knowledge is based on latest industry news, opportunities and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.
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The key insights of the Metal Forging Market report:
-The report provides key statistics on the market status of the Metal Forging market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
-The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
-The Metal Forging market report presents the company profile, product specifications, capacity, production value, and 2014-2020 market shares for key vendors.
-The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
-The report estimates 2020-2026 market development trends of Metal Forging Market.
-Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
-The report makes some important proposals for a new project of Metal Forging Industry before evaluating its feasibility.
The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the report an invaluable resource for company executives, marketing executive, sales and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
In conclusion, Metal Forging market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function a profitable guide for all the Metal Forging Industry business competitors. Our expert research analyst's team has been trained to provide in-depth market research report from every individual sector which will be helpful to understand the industry data in the most precise way.
How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
Contact US:
Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations
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