Aerospace Forging Market Report: By Material, By Aircraft, By Application 2023

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The Business Research Company's latest "Global Aerospace Forging Opportunities And Strategies Market Report - Forecast To 2032" is the most comprehensive report available in market that will help gain a truly global perspective with data and statistics from over 60 geographies analyzed with more than 7500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth and highlights important trends and strategies that can be adopted to beat the competition in the industry

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The aerospace forging market reached a value of nearly $28.735 billion in 2022, having grown at a compound annual growth rate (CAGR) of 5.5% since 2017. The market is expected to grow from $28.735 billion in 2022 to $43.084 billion in 2027 at a rate of 8.4%. The market is then expected to grow at a CAGR of 9.4% from 2027 and reach $67.426 billion in 2032.

Aerospace forging is the process of shaping metal into parts that are stronger than an equivalent cast or machined part, utilizing compressive forces. The compressive forces used are generally delivered via pressing, pounding or squeezing under great pressure. The products manufactured by this process and used for aerospace applications are known as aerospace forgings.

Aerospace forging manufacturers are focusing on offering advanced materials to provide reliable products to their customers and strengthen their market. Advanced materials play a crucial role in the aerospace industry, enabling the development of lighter, stronger and more efficient aircraft. For instance, in October 2021, Solvay, a Belgium-based company, that is a supplier of composite materials and specialty polymers to the aerospace industry, launched CYCOM® EP2190, an epoxy-based system designed for the aerospace market. CYCOM® EP2190 is an epoxy resin-based system designed to offer outstanding toughness in both thick and thin structures. It also provides excellent in-plane performance in hot/wet and cold/dry environments.

Aerospace Forging Market Segmentation:

By Material -
The aerospace forging market is segmented by material into
a) Aluminum
b) Steel
c) Titanium
d) Other Material

By Aircraft -
The aerospace forging market is segmented by aircraft into
a) Commercial
b) Military

By Application -
The aerospace forging market is segmented by application into
a) Rotors
b) Turbine Disc
c) Shafts
d) Fan Case
e) Other Applications

Some of the key players involved in the Aerospace Forging market are Berkshire Hathaway Inc, Bharat Forge Limited, Arconic Corporation, Mettis Group, Scot Forge Company

The regions covered in the global Aerospace Forging market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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A Few Points From The Table Of Content
1. Aerospace Forging Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction to the Aerospace Forging market
……
20. Company Profiles
21. Key Mergers And Acquisitions
22. Aerospace Forging Market Opportunities And Strategies
23. Aerospace Forging Market, Conclusions And Recommendations
25. Appendix

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