Report overview
Forging is a manufacturing procedure which involves the shaping of material with a hammer using compressive force. Stainless steel is a widely use material among manufacturers to develop industrial parts.
This report contains market size and forecasts of Stainless Steel Forgings in global, including the following market information:
Global Stainless Steel Forgings Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Stainless Steel Forgings Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Stainless Steel Forgings companies in 2021 (%)
The global Stainless Steel Forgings market was valued at 7954.1 million in 2021 and is projected to reach US$ 10480 million by 2028, at a CAGR of 4.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Castings Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Stainless Steel Forgings include All Metals & Forge, Wichard, Ellwood Closed Die Group, ISGEC Heavy Engineering, Bourdon Forge, Tarunsika, Precision Castparts, Keystone Forging and Sintex, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Stainless Steel Forgings manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Stainless Steel Forgings Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Stainless Steel Forgings Market Segment Percentages, by Type, 2021 (%)
Castings
Hot/Cold Forged Parts
Sintered Parts
Global Stainless Steel Forgings Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Stainless Steel Forgings Market Segment Percentages, by Application, 2021 (%)
Automotive
Aerospace
Industrial
Building & Construction
Consumer Goods
Aviation
Others
Global Stainless Steel Forgings Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Stainless Steel Forgings Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Stainless Steel Forgings revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Stainless Steel Forgings revenues share in global market, 2021 (%)
Key companies Stainless Steel Forgings sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Stainless Steel Forgings sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
All Metals & Forge
Wichard
Ellwood Closed Die Group
ISGEC Heavy Engineering
Bourdon Forge
Tarunsika
Precision Castparts
Keystone Forging
Sintex
PSM Industries
Harsh Steel Trade
Forge Products
J & N Metal Products
Canada Forgings
Harihar Alloys Private
Scot Forge
