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Impression Die Forging Market Analysis & Future Growth Prospects to 2025 | Key Segments, Benefits and Opportunities

03-16-2021 04:09 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Impression die forging, also referred to as closed die forging, is a metal deformation process that employs pressure to compress a piece of metal to fill an enclosed die impression. In most of the impression die forging processes, a succession of impression dies are used to modify the material into the final desired shape or form. This process involves two dies, each containing a single impression or a series of multiple impressions that cut into each die.

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The Global Impression Die Forging Market size was $18,293.6 million in 2017, and is projected to reach $27,163.6 million in 2024, growing at a CAGR of 5.2% from 2018 to 2025.

Typically, the bottom die is fixed in a set position and the upper die is generally raised at a height. While they are separated, desired quantity of metal is heated to a particular temperature and is positioned between them. Extreme amount of force is then applied to deform the metal, and it is forced to flow into the die chambers while the excess is removed. Two types of pressing equipment are generally used for impression die forging process: mechanical forging and hydraulic forging.

The global Impression Die Forging market for impression die forging is driven by the improving global economic conditions, innovations in components and manufacturing process, and developing end user industries. The market growth is restrained by the rising input metal and labor costs and high cost of impression die forging process.

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Scope of The Report

By Component Type

Landing Gears
Jet Engines & Turbine Shafts
Crankshafts
Gears
Connecting Rods
Others

By Order Type

Custom Forgings
Catalogue Forgings

By Metal Type

Steel
Titanium Alloys
Iron-Based Heat-Resistant Alloys
Nickel-Based Alloys
Others

By End-User Industry

Aerospace
Oil & Gas
Shipbuilding
Construction Equipment
Railways
Defense
Food
Others

Key Players

ATI
Aubert & Duval
Bharat Forge Limited
Bifrangi SpA
Böhler Schmiedetechnik GmbH & Co KG
Ellwood Group Inc.
Mahindra Forgings Europe AG
Maschinenfabrik Alfing Kessler GmbH
Nippon Steel & Sumitomo Metal
Riganti Spa
SAMMI Metal Products Co. Ltd.
Siderforgerossi Group S.p.A
Siepmann-Werke GmbH & Co. KG
ULMA Lazkao Forging

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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