Large Forgings Research:CAGR of 4.0% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2024 latest report "Large Forgings- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030". Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.



The global market for Large Forgings was estimated to be worth US$ 52930 million in 2023 and is forecast to a readjusted size of US$ 71640 million by 2030 with a CAGR of 4.0% during the forecast period 2024-2030.



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https://www.qyresearch.com/reports/3149580/large-forgings





Large Forgings Market Summary

Forging is a manufacturing process involving the shaping of a metal through hammering, pressing, or rolling. These compressive forces are delivered with a hammer or die. Forging is often categorized according to the temperature at which it is performed-cold, warm, or hot forging. A wide range of metals can be forged. Typical metals used in forging include carbon steel, alloy steel, and stainless steel. Very soft metals such as aluminum, brass, and copper can also be forged. Forging process is economically sound with the ability to mass produce parts, and achieve specific mechanical properties in the finished product. Forging is now a worldwide industry with modern forging facilities producing high-quality metal parts in a vast array of sizes, shapes, materials, and finishes.

According to the new market research report "China Large Forgings Market Report 2024-2030", published by QYResearch, the China Large Forgings market size is projected to reach CNY 125 billion by 2030, at a CAGR of 4.0% during the forecast period.



ChinaLarge Forgings MarketSize (CNY Billion), 2019 VS 2023 VS 2030
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Based on or includes research from QYResearch: China Large Forgings Market Report 2024-2030.

The China average price of forging products is fluctuated. In terms of raw material, the segments of the China forging market include aluminum, magnesium, copper/brass/bronze, low-carbon & low-alloy steels, special alloy steel, stainless steel, nickel-base super alloy titanium, refractory metal, beryllium, and zirconium. Carbon steel held the largest volume share in 2023 in the China metal forging market and is expected to continue its dominance over the forecast period. The high share of the segment is attributable to the low cost of carbon steel along with its easy availability. In addition, the raw material offers enhanced ductility and high impact strength to the final products.



China Large Forgings Top10Players Ranking and Market Share（Continually updated）
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Based on or includes research from QYResearch: China Large Forgings Market Report 2024-2030.



According to QYResearch Top Players Research Center, the China key manufacturers of Large Forgings include AVIC Heavy Machinery Co., Ltd., Wuxi Paike New Materials Technology Co.,Ltd., Tongyu Heavy Industry Co., Ltd., Shanghai Heavy Machinery Plant, Sinosteel, CITIC Heavy Industries Co.,Ltd., Qilu Special Steel Co., Ltd., China First Heavy Industries Co.,Ltd., Sinomach Heavy Equipment Group Co., Ltd., Northeren Heavy Industries Group Co.,Ltd., etc. In 2023, the China top five players had a share approximately 19.0% in terms of revenue.





The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.



The Large Forgings market is segmented as below:

By Company

China First Heavy Industries Co.,Ltd.
Baoding Technology Co., Ltd.
Angang Heavy Machine Co., Ltd.
Northeren Heavy Industries Group Co.,Ltd.
Sinosteel
Qilu Special Steel Co., Ltd.
Sinomach Heavy Equipment Group Co., Ltd.
Shanghai Heavy Machinery Plant
CITIC Heavy Industries Co.,Ltd.
Wuxi Paike New Materials Technology Co.,Ltd.
AVIC Heavy Machinery Co., Ltd.
Dalian Huarui Heavy Industry Group Co.,Ltd.
Tongyu Heavy Industry Co., Ltd.
Taiyuan Heavy Industry Co., Ltd.
Xi'an Triangle Defence Incorporated Company



Segment by Type

Steel Forgings
Iron Forgings
Alloy Forgings
Other Forgings



Segment by Application

Petrochemical Equipment
Metallurgical Equipment
Aerospace
Power Equipment
Others



Each chapter of the report provides detailed information for readers to further understand the Large Forgings market:

Chapter 1: Introduces the report scope of the Large Forgings report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)

Chapter 2: Detailed analysis of Large Forgings manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)

Chapter 3: Provides the analysis of various Large Forgings market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)

Chapter 5: Sales, revenue of Large Forgings in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)

Chapter 6: Sales, revenue of Large Forgings in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.



Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Large Forgings competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Large Forgings comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Large Forgings market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.



Other relevant reports of QYResearch:

Global Large Forgings Market Insights, Forecast to 2030
Global and China Large Forgings Market Report & Forecast 2024-2030
Global Large Forgings Market Research Report 2024
Global and China Steel for Large Forgings Market Report & Forecast 2024-2030
Global Steel for Large Forgings Market Research Report 2024
Global Steel for Large Forgings Market Insights, Forecast to 2030
Steel for Large Forgings- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

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