Press release
(2023-2032) Forged And Stamped Goods Global Market Trends And Forecast Report | By Types, Applications, Regions And Players ArcelorMittal S.A, Berkshire Hathaway Inc., Thyssenkrupp AG, American Axle & Manufacturing Inc., Kobe Steel Ltd
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the Forged And Stamped Goods market report by The Business Research Company, expected growth in the demand for aircraft manufacturing supported by the growing demand for international and domestic air travel and rising government defense budgets are expected to drive the demand for forged and stamped goods.
The global forged and stamped goods market grew from $284.78 billion in 2022 to $306.27 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The forged and stamped goods market is expected to grow to $398.11 billion in 2027 at a CAGR of 6.8%.
Read More On The Forged And Stamped Goods Market Report Here:
https://www.thebusinessresearchcompany.com/report/forged-and-stamped-goods-global-market-report
Major competitors in the Forged And Stamped Goods market include ArcelorMittal S.A, Berkshire Hathaway Inc., Thyssenkrupp AG, American Axle & Manufacturing Inc., Kobe Steel Ltd., Bharat Forge Limited, Illinois Tool Works Inc., Fine Sinter Co. Ltd., CITIC Heavy Industries Co.Ltd., and Allegheny Technologies Incorporated.
The Forged And Stamped Goods market is segmented -
• By Type: Iron and Steel Forged Goods, Nonferrous Forged Goods, Custom Roll Formed Goods, Powder Metallurgy Parts, Metal Crown, Closure, and Other Metal Stamped Goods
• By End User Industry: Automotive, Construction, Food and Beverage Packaging, Machinery, Metal Products, Other End User Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Forged And Stamped Goods market.
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Forged and stamped goods refer to a product that is engaged in the production of forgings from purchased metals, metal custom roll forming products, metal stamped and spun products, and powder metallurgy products.
The Table Of Content For The Forged And Stamped Goods Market Include:
1. Executive Summary
2. Report Structure
3. Forged And Stamped Goods Market Characteristics
4. Forged And Stamped Goods Market Product Analysis
5. Forged And Stamped Goods Market Supply Chain
………
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
The "Global Forged And Stamped Goods Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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