Europe Metal Forging Market Size & Outlook, 2023-2030
Europe metal forging market, 2018-2030 (US$M)
Related Markets
Europe metal forging market highlights
- The Europe metal forging market generated a revenue of USD 16,851.8 million in 2023.
- The market is expected to grow at a CAGR of 6.3% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 16,851.8 million |
| Market revenue in 2030 | USD 25,862.3 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Carbon steel |
| Fastest growing segment | Stainless Steel |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 19.2% of the global metal forging market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 80,738.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Metal Forging Market Scope
Metal Forging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 38.53% in 2023. Horizon Databook has segmented the Europe 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.
European Union countries play a significant role in the global metal forgings market owing to large production of forged parts. Europe is characterized by the presence of a large number of automakers and auto component manufacturers in Germany and massive aerospace manufacturing sector in France.
As per the statistics of Euro forge, the total forging production of members of Euro forge accounted for 5,835 metric tons in 2016. Among them, Germany, France, and the UK were the top three leading producers, respectively. Germany produced around 2,752 metric tons of forged products in 2016, while close die forged products in the country accounted for around 67% of the overall country’s market share.
Reasons to subscribe to Europe metal forging market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Europe metal forging market databook
-
Our clientele includes a mix of metal forging market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe metal forging market , including forecasts for subscribers. This continent databook contains high-level insights into Europe metal forging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe metal forging market size, by country, 2018-2030 (US$M)
Europe Metal Forging Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
