Netherlands Aluminum Forging Market Size & Outlook
Netherlands aluminum forging market, 2018-2030 (US$M)
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Netherlands aluminum forging market highlights
- The Netherlands aluminum forging market generated a revenue of USD 124.8 million in 2022 and is expected to reach USD 189.3 million by 2030.
- The Netherlands market is expected to grow at a CAGR of 5.3% from 2023 to 2030.
- In terms of segment, closed die forging was the largest revenue generating product in 2022.
- Closed Die Forging is the most lucrative product segment registering the fastest growth during the forecast period.
Aluminum forging market data book summary
| Market revenue in 2022 | USD 124.8 million |
| Market revenue in 2030 | USD 189.3 million |
| Growth rate | 5.3% (CAGR from 2022 to 2030) |
| Largest segment | Closed die forging |
| Fastest growing segment | Closed Die Forging |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Open Die Forging, Closed Die Forging, Ring Rolled Forging |
| Key market players worldwide | Arconic, Alcoa Corp, ATI Inc, Aluminum Precision Products, American Handforge, Farinia Group, Forginal Industrie |
Other key industry trends
- In terms of revenue, Netherlands accounted for 0.6% of the global aluminum forging market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany aluminum forging market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 2,127.9 million by 2030.
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Aluminum Forging Market Scope
Aluminum Forging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Netherlands aluminum forging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aluminum forging market will help companies and investors design strategic landscapes.
Closed die forging was the largest segment with a revenue share of 74.76% in 2022. Horizon Databook has segmented the Netherlands aluminum forging market based on open die forging, closed die forging, ring rolled forging covering the revenue growth of each sub-segment from 2018 to 2030.
The economy and the growth of the Netherlands are strongly intertwined with the global aviation sector. Despite being a small country, it has a robust aircraft manufacturing industry that provides products for almost every aircraft that is currently in flight or being built owing to the strong international orientation of the Netherlands and its expertise in aviation industry.
The flourishing global aviation sector is anticipated to indirectly benefit the country, as well as raw material suppliers. This is anticipated to contribute to the demand in Netherlands for aluminum forged parts utilized in the development of aircraft.
The automotive industry in the country is smaller than that of other European countries. This industry was severely hit by the COVID-19 spread in 2020 that resulted in a significant decline in sales and production of aluminum.
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Horizon Databook provides a detailed overview of country-level data and insights on the Netherlands aluminum forging market , including forecasts for subscribers. This country databook contains high-level insights into Netherlands aluminum forging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Netherlands aluminum forging market size, by product, 2018-2030 (US$M)
Netherlands Aluminum Forging Market Outlook Share, 2022 & 2030 (US$M)
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