Canada Metal Forging Market Size & Outlook, 2025-2030
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Canada metal forging market highlights
- The Canada metal forging market generated a revenue of USD 5,800.9 million in 2023 and is expected to reach USD 9,713.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
- In terms of segment, carbon steel was the largest revenue generating raw material in 2023.
- Stainless Steel is the most lucrative raw material segment registering the fastest growth during the forecast period.
Metal forging market data book summary
| Market revenue in 2023 | USD 5,800.9 million |
| Market revenue in 2030 | USD 9,713.6 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | Carbon steel |
| Fastest growing segment | Stainless Steel |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Carbon Steel, Alloy Steel, Aluminum, Magnesium, Stainless Steel, Titanium, Other Products |
| Key market players worldwide | ATI Inc, Green Brick Partners Inc, John Wood Group Plc, Nippon Steel Corp, Berkshire Hathaway Inc Class A, Larsen & Toubro Ltd DR |
Other key industry trends
- In terms of revenue, Canada accounted for 6.6% of the global metal forging market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. metal forging market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 21,289.1 million by 2030.
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Metal Forging Market Scope
Metal Forging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| John Wood Group Plc | View profile | 35000 | Hareness Road, Sir Ian Wood House, Altens Industrial Estate, Aberdeen, United Kingdom, AB12 3LE | https://www.woodplc.com |
| Green Brick Partners Inc | View profile | 600 | 5501 Headquarters Drive, Suite 300 W, Plano, TX, United States, 75024 | https://www.greenbrickpartners.com |
| ATI Inc | View profile | 7300 | 2021 McKinney Avenue, Dallas, TX, United States, 75201 | https://www.atimaterials.com |
| Larsen & Toubro Ltd DR | View profile | 330955 | Norottarn Morarjee Marg , L&T House, Ballard Estate, P. O. Box: 278, Mumbai, MH, India, 400 001 | https://www.larsentoubro.com |
| Berkshire Hathaway Inc Class A | View profile | 396500 | 3555 Farnam Street, Omaha, NE, United States, 68131 | https://www.berkshirehathaway.com |
| Nippon Steel Corp | View profile | 121990 | 6-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8071 | https://www.nipponsteel.com |
Canada metal 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 metal forging market will help companies and investors design strategic landscapes.
Carbon steel was the largest segment with a revenue share of 38.47% in 2024. Horizon Databook has segmented the Canada metal forging market based on carbon steel, alloy steel, aluminum, magnesium, stainless steel, titanium, other products covering the revenue growth of each sub-segment from 2018 to 2030.
- Canada Metal Forging Raw Material Outlook (Revenue, USD Million, 2018-2030)
- Carbon Steel
- Alloy Steel
- Aluminum
- Magnesium
- Stainless Steel
- Titanium
- Other Products
- Canada Metal Forging Application Outlook (Revenue, USD Million, 2018-2030)
- Automotive
- Transportation
- Aerospace
- Oil & Gas
- Construction
- Agriculture
- Power Generation
- Marine
- Other Applications
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Our clientele includes a mix of metal forging market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada metal forging market , including forecasts for subscribers. This country databook contains high-level insights into Canada metal forging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada metal forging market size, by raw material, 2018-2030 (US$M)
Canada Metal Forging Market Outlook Share, 2024 & 2030 (US$M)
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