U.S. Nonferrous Forging Market Market - Research on Economic Outlooks, Analysis and Forecasts to 2025

IndexBox has just released a new report "U.S. Nonferrous Forging Market - Analysis And Forecast to 2025" ( http://www.indexbox.io/store/us-nonferrous-forging-market-analysis-and-forecast-to-2020/?utm_source=opr ).

According to the report, the value of nonferrous forging production in the U.S. totaled $2.9B in 2016, remaining stable against the previous year level. Overall, the U.S. nonferrous forging output pursued a significant decline from 2007 to 2016. The total output figures decreased at an average annual rate of -2.0%. The trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent growth was recorded in 2011, when the value of production increased by +13% Y-o-Y. Over the period under review, the output figure with regard to nonferrous forging in the United States attained its maximum level of $3.5B in 2008. Afterwards, the growth in terms of the nonferrous forging production failed to regain its strength through to 2016.

Hot impression die impact, press, and upset nonferrous forgings constituted the major product category in the U.S. nonferrous forging manufacturing, with a share in total output standing near 93% in 2016. All other nonferrous forgings lagged far behing, accounting for only the 6% share. The other related products together comprised a fairly negligible share in the total output of the total output. From 2008 to 2016, the value of shipments of hot impression die impact, press, and upset nonferrous forgings shrank at an average annual rate of 0.0%. At the same time, the output of all other nonferrous forgings descended by an average -16.5% per year.

This report is designed to provide accurate and comprehensive data, as well as a detailed analysis of the current state and midterm prospects of the U.S. nonferrous forging industry. It includes a market overview, which consolidates the key conclusions made from the analysis of the market study, revealing actionable insights in the nonferrous forging industry. The report provides a forecast of the expected changes in the nonferrous forging market in coming years, based on historical trends, external and internal factors, and the main developments affecting the market. Each section contains an in-depth analysis of the data provided. Further data in the report includes: the historical values and current projections regarding production and consumption volume, datasets on the industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.

The trade section provides data on trade partners, such as historical data on imports & exports for each partner country, changes in the direction of trade, as well as import & export prices. An analysis of the nonferrous forging trade shows the opportunities that are currently evolving for producers and suppliers in a changing market.

Product coverage: Hot impression die impact, press, and upset nonferrous forgings; All other nonferrous forgings; Nonferrous forging, nsk, total.

Companies mentioned:
Mueller Industries, Wyman-Gordon Company, Weber Metals, Power Systems Mfg., Machine Specialty & Manufacturing, Plansee USA, Shultz Steel Company, Aluminum Precision Products, Cleveland Hardware and Forging Company, Kobe Aluminum Automotive Products, Ohio Star Forge Co., Quality Aluminum Forge, Consolidated Industries, Carlton Forge Works, Harvey Industries, Lindsey Manufacturing Co., Continental Forge Company, Fansteel Inc., Vulcan Global Manufacturing Solutions, Federal Flange, Harvey Industries, Smiths Tubular Systems-Laconia, Accudyne Industries, Turbine Engine Components Technologies Corporation, Hhi Formtech Industries, Earthquake Protection Systems, Mueller Brass Forging Company, Firth Rixson Forgings.

IndexBox’s methodology consists of obtaining information from a list or highly reliable sources (both paid and open), which include, but are not limited to:

- International official statistical agencies
- Governmental statistical agencies
- Official trade statistics
- Paid trade databases
- Industrial associations
- Company reports
- Industry experts

The AI platform, developed by IndexBox data scientists, compares the disparate pieces of information gathered from various sources, using the relevant methods of data cleaning, categorization, normalization, and predictive modelling for each unique situation. The market trends are provided by our experienced analysts, taking into account recent notable events in the market, in both adjacent and related markets, the raw materials markets, and in those markets, which are the main demand creators for the product under research. The forecast is created using a set of predictive and analytical models, mainly by processing country-by-country data on consumption, production, exports, imports and prices, as well as industry, economic and consumption trends, in addition to possible political and technological trends patterns.

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1. Follow the link below to review a free sample or to buy the report:
http://www.indexbox.io/store/us-nonferrous-forging-market-analysis-and-forecast-to-2020/?utm_source=opr
2. Call us +1 415 799 8701 to discuss your information needs and for special discounts on multi-report orders.
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This release was published on openPR.