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Global Forging Market Research Report 2026
Published Date: 2026-02-11
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Report Code: QYRE-Auto-10157
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Global Forging Market Insights and Forecast to 2028
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Global Forging Market Research Report 2026

Code: QYRE-Auto-10157
Report
2026-02-11
Pages:153
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Forging Market Size

The global Forging market was valued at US$ 95190 million in 2025 and is anticipated to reach US$ 135950 million by 2032, at a CAGR of 5.3% from 2026 to 2032.

Forging Market

Forging Market

The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on Forging competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.
Forging is a manufacturing process involving the shaping of metal using localized compressive forces. The blows are delivered with a hammer (often a power hammer) or a die. Forging is often classified according to the temperature at which it is performed: cold forging (a type of cold working), warm forging, or hot forging (a type of hot working). For the latter two, the metal is heated, usually in a forge. Forged parts can range in weight from less than a kilogram to hundreds of metric tons. Forging has been done by smiths for millennia; the traditional products were kitchenware, hardware, hand tools, edged weapons, cymbals, and jewellery. Since the Industrial Revolution, forged parts are widely used in mechanisms and machines wherever a component requires high strength; such forgings usually require further processing (such as machining) to achieve a finished part. Today, forging is a major worldwide industry.
Global Forging key players include Precision Castparts Corp, Arconic, Thyssenkrupp, KOBELCO, Nippon Steel & Sumitomo Metal, etc. Global top five manufacturers hold a share about 15%. China is the largest market, with a share about 30%, followed by Europe, with a share about 25 percent. In terms of product, Closed Die Forgings is the largest segment, with a share about 80%. And in terms of application, the largest application is Automotive, followed by General Industrial, Aerospace, Agricultural, etc.
This report delivers a comprehensive overview of the global Forging market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding Forging. The Forging market size, estimates, and forecasts are provided in terms of shipments (K MT) and revenue (US$ millions), with 2025 as the base year and historical and forecast data for 2021–2032.
The report segments the global Forging market comprehensively. Regional market sizes by Type, by Application, , and by company are also provided. For deeper insight, the report profiles the competitive landscape, key competitors, and their respective market rankings, and discusses technological trends and new product developments.
This report will assist Forging manufacturers, new entrants, and companies across the industry value chain with information on revenues, production, and average prices for the overall market and its sub-segments, by company, by Type, by Application, and by region.
Market Segmentation

Scope of Forging Market Report

Report Metric Details
Report Name Forging Market
Accounted market size in 2025 US$ 95190 million
Forecasted market size in 2032 US$ 135950 million
CAGR 5.3%
Base Year 2025
Forecasted years 2026 - 2032
Segment by Type
  • Closed Die Forgings
  • Open Die Forgings
  • Rolled Rings Forgings
by Application
  • Automotive
  • Aerospace
  • Agricultural
  • General Industrial
  • Other
Production by Region
  • North America
  • Europe
  • China
  • Japan
  • India
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Nippon Steel & Sumitomo Metal, Aichi Steel, Thyssenkrupp, AAM, Bharat Forge, KOBELCO, WanXiang, FAW, Arconic, Mahindra Forgings Europe, Farinia, Longcheng Forging, Sinotruck, Dongfeng Forging, Jiangsu Pacific Precision Forging, Sypris Solutions, Ashok Leyland, Allegheny Technologies, VDM Metals, CITIC Heavy Industries
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Defines the scope of the report and presents an executive summary of market segments (by Type, by Application, , etc.), including the size of each segment and its future growth potential. It offers a high-level view of the current market and its likely evolution in the short, medium, and long term.
  • Chapter 2: Provides a detailed analysis of the competitive landscape for Forging manufacturers, including prices, production, value-based market shares, latest development plans, and information on mergers and acquisitions.
  • Chapter 3: Examines Forging production/output and value by region and country, providing a quantitative assessment of market size and growth potential for each region over the next six years.
  • Chapter 4: Analyzes Forging consumption at the regional and country levels. It quantifies market size and growth potential for each region and its key countries, and outlines market development, outlook, addressable space, and national production.
  • Chapter 5: Analyzes market segments by Type, covering the size and growth potential of each segment to help readers identify “blue ocean” opportunities.
  • Chapter 6: Analyzes market segments by Application, covering the size and growth potential of each segment to help readers identify “blue ocean” opportunities in downstream markets.
  • Chapter 7: Profiles key players, detailing the fundamentals of major companies, including product production/output, value, price, gross margin, product portfolio/introductions, and recent developments.
  • Chapter 8: Reviews the industry value chain, including upstream and downstream segments.
  • Chapter 9: Discusses market dynamics and recent developments, including drivers, restraints, challenges and risks for manufacturers, U.S. Tariffs and relevant policy analysis.
  • Chapter 10: Summarizes the key findings and conclusions of the report.

FAQ for this report

How fast is Forging Market growing?

Ans: The Forging Market witnessing a CAGR of 5.3% during the forecast period 2026-2032.

What is the Forging Market size in 2032?

Ans: The Forging Market size in 2032 will be US$ 135950 million.

What is the market share of major companies in Forging Market?

Ans: Global top five manufacturers hold a share about 15%.

What is the Forging Market share by region?

Ans: China is the largest market, with a share about 30%, followed by Europe, with a share about 25 percent.

What is the Forging Market share by type?

Ans: In terms of product, Closed Die Forgings is the largest segment, with a share about 80%.

Who are the main players in the Forging Market report?

Ans: The main players in the Forging Market are Nippon Steel & Sumitomo Metal, Aichi Steel, Thyssenkrupp, AAM, Bharat Forge, KOBELCO, WanXiang, FAW, Arconic, Mahindra Forgings Europe, Farinia, Longcheng Forging, Sinotruck, Dongfeng Forging, Jiangsu Pacific Precision Forging, Sypris Solutions, Ashok Leyland, Allegheny Technologies, VDM Metals, CITIC Heavy Industries

What are the Application segmentation covered in the Forging Market report?

Ans: The Applications covered in the Forging Market report are Automotive, Aerospace, Agricultural, General Industrial, Other

What are the Type segmentation covered in the Forging Market report?

Ans: The Types covered in the Forging Market report are Closed Die Forgings, Open Die Forgings, Rolled Rings Forgings

1 Forging Market Overview
1.1 Product Definition
1.2 Forging by Type
1.2.1 Global Forging Market Value Growth Rate Analysis by Type: 2025 vs 2032
1.2.2 Closed Die Forgings
1.2.3 Open Die Forgings
1.2.4 Rolled Rings Forgings
1.3 Forging by Application
1.3.1 Global Forging Market Value Growth Rate Analysis by Application: 2025 vs 2032
1.3.2 Automotive
1.3.3 Aerospace
1.3.4 Agricultural
1.3.5 General Industrial
1.3.6 Other
1.4 Global Market Growth Prospects
1.4.1 Global Forging Production Value Estimates and Forecasts (2021–2032)
1.4.2 Global Forging Production Capacity Estimates and Forecasts (2021–2032)
1.4.3 Global Forging Production Estimates and Forecasts (2021–2032)
1.4.4 Global Forging Market Average Price Estimates and Forecasts (2021–2032)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Forging Production Market Share by Manufacturers (2021–2026)
2.2 Global Forging Production Value Market Share by Manufacturers (2021–2026)
2.3 Global Key Players of Forging, Industry Ranking, 2024 vs 2025
2.4 Global Forging Market Share by Company Tier (Tier 1, Tier 2, Tier 3)
2.5 Global Forging Average Price by Manufacturers (2021–2026)
2.6 Global Key Manufacturers of Forging, Manufacturing Footprints and Headquarters
2.7 Global Key Manufacturers of Forging, Product Offerings and Applications
2.8 Global Key Manufacturers of Forging, Date of Entry into the Industry
2.9 Forging Market Competitive Situation and Trends
2.9.1 Forging Market Concentration Rate
2.9.2 Top 5 and Top 10 Global Forging Players Market Share by Revenue
2.10 Mergers & Acquisitions and Expansion
3 Forging Production by Region
3.1 Global Forging Production Value Estimates and Forecasts by Region: 2021 vs 2025 vs 2032
3.2 Global Forging Production Value by Region (2021–2032)
3.2.1 Global Forging Production Value by Region (2021–2026)
3.2.2 Global Forecasted Production Value of Forging by Region (2027–2032)
3.3 Global Forging Production Estimates and Forecasts by Region: 2021 vs 2025 vs 2032
3.4 Global Forging Production Volume by Region (2021–2032)
3.4.1 Global Forging Production by Region (2021–2026)
3.4.2 Global Forecasted Production of Forging by Region (2027–2032)
3.5 Global Forging Market Price Analysis by Region (2021–2026)
3.6 Global Forging Production, Value, and Year-over-Year Growth
3.6.1 North America Forging Production Value Estimates and Forecasts (2021–2032)
3.6.2 Europe Forging Production Value Estimates and Forecasts (2021–2032)
3.6.3 China Forging Production Value Estimates and Forecasts (2021–2032)
3.6.4 Japan Forging Production Value Estimates and Forecasts (2021–2032)
3.6.5 India Forging Production Value Estimates and Forecasts (2021–2032)
4 Forging Consumption by Region
4.1 Global Forging Consumption Estimates and Forecasts by Region: 2021 vs 2025 vs 2032
4.2 Global Forging Consumption by Region (2021–2032)
4.2.1 Global Forging Consumption by Region (2021–2026)
4.2.2 Global Forging Forecasted Consumption by Region (2027–2032)
4.3 North America
4.3.1 North America Forging Consumption Growth Rate by Country: 2021 vs 2025 vs 2032
4.3.2 North America Forging Consumption by Country (2021–2032)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Forging Consumption Growth Rate by Country: 2021 vs 2025 vs 2032
4.4.2 Europe Forging Consumption by Country (2021–2032)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Forging Consumption Growth Rate by Region: 2021 vs 2025 vs 2032
4.5.2 Asia Pacific Forging Consumption by Region (2021–2032)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Forging Consumption Growth Rate by Country: 2021 vs 2025 vs 2032
4.6.2 Latin America, Middle East & Africa Forging Consumption by Country (2021–2032)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Forging Production by Type (2021–2032)
5.1.1 Global Forging Production by Type (2021–2026)
5.1.2 Global Forging Production by Type (2027–2032)
5.1.3 Global Forging Production Market Share by Type (2021–2032)
5.2 Global Forging Production Value by Type (2021–2032)
5.2.1 Global Forging Production Value by Type (2021–2026)
5.2.2 Global Forging Production Value by Type (2027–2032)
5.2.3 Global Forging Production Value Market Share by Type (2021–2032)
5.3 Global Forging Price by Type (2021–2032)
6 Segment by Application
6.1 Global Forging Production by Application (2021–2032)
6.1.1 Global Forging Production by Application (2021–2026)
6.1.2 Global Forging Production by Application (2027–2032)
6.1.3 Global Forging Production Market Share by Application (2021–2032)
6.2 Global Forging Production Value by Application (2021–2032)
6.2.1 Global Forging Production Value by Application (2021–2026)
6.2.2 Global Forging Production Value by Application (2027–2032)
6.2.3 Global Forging Production Value Market Share by Application (2021–2032)
6.3 Global Forging Price by Application (2021–2032)
7 Key Companies Profiled
7.1 Nippon Steel & Sumitomo Metal
7.1.1 Nippon Steel & Sumitomo Metal Forging Company Information
7.1.2 Nippon Steel & Sumitomo Metal Forging Product Portfolio
7.1.3 Nippon Steel & Sumitomo Metal Forging Production, Value, Price, and Gross Margin (2021–2026)
7.1.4 Nippon Steel & Sumitomo Metal Main Business and Markets Served
7.1.5 Nippon Steel & Sumitomo Metal Recent Developments/Updates
7.2 Aichi Steel
7.2.1 Aichi Steel Forging Company Information
7.2.2 Aichi Steel Forging Product Portfolio
7.2.3 Aichi Steel Forging Production, Value, Price, and Gross Margin (2021–2026)
7.2.4 Aichi Steel Main Business and Markets Served
7.2.5 Aichi Steel Recent Developments/Updates
7.3 Thyssenkrupp
7.3.1 Thyssenkrupp Forging Company Information
7.3.2 Thyssenkrupp Forging Product Portfolio
7.3.3 Thyssenkrupp Forging Production, Value, Price, and Gross Margin (2021–2026)
7.3.4 Thyssenkrupp Main Business and Markets Served
7.3.5 Thyssenkrupp Recent Developments/Updates
7.4 AAM
7.4.1 AAM Forging Company Information
7.4.2 AAM Forging Product Portfolio
7.4.3 AAM Forging Production, Value, Price, and Gross Margin (2021–2026)
7.4.4 AAM Main Business and Markets Served
7.4.5 AAM Recent Developments/Updates
7.5 Bharat Forge
7.5.1 Bharat Forge Forging Company Information
7.5.2 Bharat Forge Forging Product Portfolio
7.5.3 Bharat Forge Forging Production, Value, Price, and Gross Margin (2021–2026)
7.5.4 Bharat Forge Main Business and Markets Served
7.5.5 Bharat Forge Recent Developments/Updates
7.6 KOBELCO
7.6.1 KOBELCO Forging Company Information
7.6.2 KOBELCO Forging Product Portfolio
7.6.3 KOBELCO Forging Production, Value, Price, and Gross Margin (2021–2026)
7.6.4 KOBELCO Main Business and Markets Served
7.6.5 KOBELCO Recent Developments/Updates
7.7 WanXiang
7.7.1 WanXiang Forging Company Information
7.7.2 WanXiang Forging Product Portfolio
7.7.3 WanXiang Forging Production, Value, Price, and Gross Margin (2021–2026)
7.7.4 WanXiang Main Business and Markets Served
7.7.5 WanXiang Recent Developments/Updates
7.8 FAW
7.8.1 FAW Forging Company Information
7.8.2 FAW Forging Product Portfolio
7.8.3 FAW Forging Production, Value, Price, and Gross Margin (2021–2026)
7.8.4 FAW Main Business and Markets Served
7.8.5 FAW Recent Developments/Updates
7.9 Arconic
7.9.1 Arconic Forging Company Information
7.9.2 Arconic Forging Product Portfolio
7.9.3 Arconic Forging Production, Value, Price, and Gross Margin (2021–2026)
7.9.4 Arconic Main Business and Markets Served
7.9.5 Arconic Recent Developments/Updates
7.10 Mahindra Forgings Europe
7.10.1 Mahindra Forgings Europe Forging Company Information
7.10.2 Mahindra Forgings Europe Forging Product Portfolio
7.10.3 Mahindra Forgings Europe Forging Production, Value, Price, and Gross Margin (2021–2026)
7.10.4 Mahindra Forgings Europe Main Business and Markets Served
7.10.5 Mahindra Forgings Europe Recent Developments/Updates
7.11 Farinia
7.11.1 Farinia Forging Company Information
7.11.2 Farinia Forging Product Portfolio
7.11.3 Farinia Forging Production, Value, Price, and Gross Margin (2021–2026)
7.11.4 Farinia Main Business and Markets Served
7.11.5 Farinia Recent Developments/Updates
7.12 Longcheng Forging
7.12.1 Longcheng Forging Forging Company Information
7.12.2 Longcheng Forging Forging Product Portfolio
7.12.3 Longcheng Forging Forging Production, Value, Price, and Gross Margin (2021–2026)
7.12.4 Longcheng Forging Main Business and Markets Served
7.12.5 Longcheng Forging Recent Developments/Updates
7.13 Sinotruck
7.13.1 Sinotruck Forging Company Information
7.13.2 Sinotruck Forging Product Portfolio
7.13.3 Sinotruck Forging Production, Value, Price, and Gross Margin (2021–2026)
7.13.4 Sinotruck Main Business and Markets Served
7.13.5 Sinotruck Recent Developments/Updates
7.14 Dongfeng Forging
7.14.1 Dongfeng Forging Forging Company Information
7.14.2 Dongfeng Forging Forging Product Portfolio
7.14.3 Dongfeng Forging Forging Production, Value, Price, and Gross Margin (2021–2026)
7.14.4 Dongfeng Forging Main Business and Markets Served
7.14.5 Dongfeng Forging Recent Developments/Updates
7.15 Jiangsu Pacific Precision Forging
7.15.1 Jiangsu Pacific Precision Forging Forging Company Information
7.15.2 Jiangsu Pacific Precision Forging Forging Product Portfolio
7.15.3 Jiangsu Pacific Precision Forging Forging Production, Value, Price, and Gross Margin (2021–2026)
7.15.4 Jiangsu Pacific Precision Forging Main Business and Markets Served
7.15.5 Jiangsu Pacific Precision Forging Recent Developments/Updates
7.16 Sypris Solutions
7.16.1 Sypris Solutions Forging Company Information
7.16.2 Sypris Solutions Forging Product Portfolio
7.16.3 Sypris Solutions Forging Production, Value, Price, and Gross Margin (2021–2026)
7.16.4 Sypris Solutions Main Business and Markets Served
7.16.5 Sypris Solutions Recent Developments/Updates
7.17 Ashok Leyland
7.17.1 Ashok Leyland Forging Company Information
7.17.2 Ashok Leyland Forging Product Portfolio
7.17.3 Ashok Leyland Forging Production, Value, Price, and Gross Margin (2021–2026)
7.17.4 Ashok Leyland Main Business and Markets Served
7.17.5 Ashok Leyland Recent Developments/Updates
7.18 Allegheny Technologies
7.18.1 Allegheny Technologies Forging Company Information
7.18.2 Allegheny Technologies Forging Product Portfolio
7.18.3 Allegheny Technologies Forging Production, Value, Price, and Gross Margin (2021–2026)
7.18.4 Allegheny Technologies Main Business and Markets Served
7.18.5 Allegheny Technologies Recent Developments/Updates
7.19 VDM Metals
7.19.1 VDM Metals Forging Company Information
7.19.2 VDM Metals Forging Product Portfolio
7.19.3 VDM Metals Forging Production, Value, Price, and Gross Margin (2021–2026)
7.19.4 VDM Metals Main Business and Markets Served
7.19.5 VDM Metals Recent Developments/Updates
7.20 CITIC Heavy Industries
7.20.1 CITIC Heavy Industries Forging Company Information
7.20.2 CITIC Heavy Industries Forging Product Portfolio
7.20.3 CITIC Heavy Industries Forging Production, Value, Price, and Gross Margin (2021–2026)
7.20.4 CITIC Heavy Industries Main Business and Markets Served
7.20.5 CITIC Heavy Industries Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Forging Industry Chain Analysis
8.2 Forging Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Forging Production Modes and Processes
8.4 Forging Sales and Marketing
8.4.1 Forging Sales Channels
8.4.2 Forging Distributors
8.5 Forging Customer Analysis
9 Forging Market Dynamics
9.1 Forging Industry Trends
9.2 Forging Market Drivers
9.3 Forging Market Challenges
9.4 Forging Market Restraints
9.5 Impact of U.S. Tariffs
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
List of Tables
 Table 1. Global Forging Market Value by Type (US$ Million), 2025 vs 2032
 Table 2. Global Forging Market Value by Application (US$ Million), 2025 vs 2032
 Table 3. Global Forging Production Capacity (K MT) by Manufacturers in 2025
 Table 4. Global Forging Production by Manufacturers (K MT), 2021–2026
 Table 5. Global Forging Production Market Share by Manufacturers (2021–2026)
 Table 6. Global Forging Production Value by Manufacturers (US$ Million), 2021–2026
 Table 7. Global Forging Production Value Share by Manufacturers (2021–2026)
 Table 8. Global Key Players of Forging, Industry Ranking, 2024 vs 2025
 Table 9. Classification of Companies by Tier (Tier 1, Tier 2, Tier 3), based on Forging Production Value, 2025
 Table 10. Global Market Forging Average Price by Manufacturers (USD/MT), 2021–2026
 Table 11. Global Key Manufacturers of Forging, Manufacturing Footprints and Headquarters
 Table 12. Global Key Manufacturers of Forging, Product Offerings and Applications
 Table 13. Global Key Manufacturers of Forging, Date of Entry into the Industry
 Table 14. Global Forging Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions and Expansion Plans
 Table 16. Global Forging Production Value by Region: 2021 vs 2025 vs 2032 (US$ Million)
 Table 17. Global Forging Production Value (US$ Million) by Region (2021–2026)
 Table 18. Global Forging Production Value Market Share by Region (2021–2026)
 Table 19. Global Forging Production Value (US$ Million) Forecast by Region (2027–2032)
 Table 20. Global Forging Production Value Market Share Forecast by Region (2027–2032)
 Table 21. Global Forging Production Comparison by Region: 2021 vs 2025 vs 2032 (K MT)
 Table 22. Global Forging Production (K MT) by Region (2021–2026)
 Table 23. Global Forging Production Market Share by Region (2021–2026)
 Table 24. Global Forging Production (K MT) Forecast by Region (2027–2032)
 Table 25. Global Forging Production Market Share Forecast by Region (2027–2032)
 Table 26. Global Forging Market Average Price (USD/MT) by Region (2021–2026)
 Table 27. Global Forging Market Average Price (USD/MT) by Region (2027–2032)
 Table 28. Global Forging Consumption Growth Rate by Region: 2021 vs 2025 vs 2032 (K MT)
 Table 29. Global Forging Consumption by Region (K MT), 2021–2026
 Table 30. Global Forging Consumption Market Share by Region (2021–2026)
 Table 31. Global Forging Forecasted Consumption by Region (K MT), 2027–2032
 Table 32. Global Forging Forecasted Consumption Market Share by Region (2027–2032)
 Table 33. North America Forging Consumption Growth Rate by Country: 2021 vs 2025 vs 2032 (K MT)
 Table 34. North America Forging Consumption by Country (K MT), 2021–2026
 Table 35. North America Forging Consumption by Country (K MT), 2027–2032
 Table 36. Europe Forging Consumption Growth Rate by Country: 2021 vs 2025 vs 2032 (K MT)
 Table 37. Europe Forging Consumption by Country (K MT), 2021–2026
 Table 38. Europe Forging Consumption by Country (K MT), 2027–2032
 Table 39. Asia Pacific Forging Consumption Growth Rate by Region: 2021 vs 2025 vs 2032 (K MT)
 Table 40. Asia Pacific Forging Consumption by Region (K MT), 2021–2026
 Table 41. Asia Pacific Forging Consumption by Region (K MT), 2027–2032
 Table 42. Latin America, Middle East & Africa Forging Consumption Growth Rate by Country: 2021 vs 2025 vs 2032 (K MT)
 Table 43. Latin America, Middle East & Africa Forging Consumption by Country (K MT), 2021–2026
 Table 44. Latin America, Middle East & Africa Forging Consumption by Country (K MT), 2027–2032
 Table 45. Global Forging Production (K MT) by Type (2021–2026)
 Table 46. Global Forging Production (K MT) by Type (2027–2032)
 Table 47. Global Forging Production Market Share by Type (2021–2026)
 Table 48. Global Forging Production Market Share by Type (2027–2032)
 Table 49. Global Forging Production Value (US$ Million) by Type (2021–2026)
 Table 50. Global Forging Production Value (US$ Million) by Type (2027–2032)
 Table 51. Global Forging Production Value Market Share by Type (2021–2026)
 Table 52. Global Forging Production Value Market Share by Type (2027–2032)
 Table 53. Global Forging Price (USD/MT) by Type (2021–2026)
 Table 54. Global Forging Price (USD/MT) by Type (2027–2032)
 Table 55. Global Forging Production (K MT) by Application (2021–2026)
 Table 56. Global Forging Production (K MT) by Application (2027–2032)
 Table 57. Global Forging Production Market Share by Application (2021–2026)
 Table 58. Global Forging Production Market Share by Application (2027–2032)
 Table 59. Global Forging Production Value (US$ Million) by Application (2021–2026)
 Table 60. Global Forging Production Value (US$ Million) by Application (2027–2032)
 Table 61. Global Forging Production Value Market Share by Application (2021–2026)
 Table 62. Global Forging Production Value Market Share by Application (2027–2032)
 Table 63. Global Forging Price (USD/MT) by Application (2021–2026)
 Table 64. Global Forging Price (USD/MT) by Application (2027–2032)
 Table 65. Nippon Steel & Sumitomo Metal Forging Company Information
 Table 66. Nippon Steel & Sumitomo Metal Forging Specification and Application
 Table 67. Nippon Steel & Sumitomo Metal Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)
 Table 68. Nippon Steel & Sumitomo Metal Main Business and Markets Served
 Table 69. Nippon Steel & Sumitomo Metal Recent Developments/Updates
 Table 70. Aichi Steel Forging Company Information
 Table 71. Aichi Steel Forging Specification and Application
 Table 72. Aichi Steel Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)
 Table 73. Aichi Steel Main Business and Markets Served
 Table 74. Aichi Steel Recent Developments/Updates
 Table 75. Thyssenkrupp Forging Company Information
 Table 76. Thyssenkrupp Forging Specification and Application
 Table 77. Thyssenkrupp Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)
 Table 78. Thyssenkrupp Main Business and Markets Served
 Table 79. Thyssenkrupp Recent Developments/Updates
 Table 80. AAM Forging Company Information
 Table 81. AAM Forging Specification and Application
 Table 82. AAM Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)
 Table 83. AAM Main Business and Markets Served
 Table 84. AAM Recent Developments/Updates
 Table 85. Bharat Forge Forging Company Information
 Table 86. Bharat Forge Forging Specification and Application
 Table 87. Bharat Forge Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)
 Table 88. Bharat Forge Main Business and Markets Served
 Table 89. Bharat Forge Recent Developments/Updates
 Table 90. KOBELCO Forging Company Information
 Table 91. KOBELCO Forging Specification and Application
 Table 92. KOBELCO Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)
 Table 93. KOBELCO Main Business and Markets Served
 Table 94. KOBELCO Recent Developments/Updates
 Table 95. WanXiang Forging Company Information
 Table 96. WanXiang Forging Specification and Application
 Table 97. WanXiang Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)
 Table 98. WanXiang Main Business and Markets Served
 Table 99. WanXiang Recent Developments/Updates
 Table 100. FAW Forging Company Information
 Table 101. FAW Forging Specification and Application
 Table 102. FAW Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)
 Table 103. FAW Main Business and Markets Served
 Table 104. FAW Recent Developments/Updates
 Table 105. Arconic Forging Company Information
 Table 106. Arconic Forging Specification and Application
 Table 107. Arconic Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)
 Table 108. Arconic Main Business and Markets Served
 Table 109. Arconic Recent Developments/Updates
 Table 110. Mahindra Forgings Europe Forging Company Information
 Table 111. Mahindra Forgings Europe Forging Specification and Application
 Table 112. Mahindra Forgings Europe Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)
 Table 113. Mahindra Forgings Europe Main Business and Markets Served
 Table 114. Mahindra Forgings Europe Recent Developments/Updates
 Table 115. Farinia Forging Company Information
 Table 116. Farinia Forging Specification and Application
 Table 117. Farinia Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)
 Table 118. Farinia Main Business and Markets Served
 Table 119. Farinia Recent Developments/Updates
 Table 120. Longcheng Forging Forging Company Information
 Table 121. Longcheng Forging Forging Specification and Application
 Table 122. Longcheng Forging Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)
 Table 123. Longcheng Forging Main Business and Markets Served
 Table 124. Longcheng Forging Recent Developments/Updates
 Table 125. Sinotruck Forging Company Information
 Table 126. Sinotruck Forging Specification and Application
 Table 127. Sinotruck Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)
 Table 128. Sinotruck Main Business and Markets Served
 Table 129. Sinotruck Recent Developments/Updates
 Table 130. Dongfeng Forging Forging Company Information
 Table 131. Dongfeng Forging Forging Specification and Application
 Table 132. Dongfeng Forging Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)
 Table 133. Dongfeng Forging Main Business and Markets Served
 Table 134. Dongfeng Forging Recent Developments/Updates
 Table 135. Jiangsu Pacific Precision Forging Forging Company Information
 Table 136. Jiangsu Pacific Precision Forging Forging Specification and Application
 Table 137. Jiangsu Pacific Precision Forging Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)
 Table 138. Jiangsu Pacific Precision Forging Main Business and Markets Served
 Table 139. Jiangsu Pacific Precision Forging Recent Developments/Updates
 Table 140. Sypris Solutions Forging Company Information
 Table 141. Sypris Solutions Forging Specification and Application
 Table 142. Sypris Solutions Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)
 Table 143. Sypris Solutions Main Business and Markets Served
 Table 144. Sypris Solutions Recent Developments/Updates
 Table 145. Ashok Leyland Forging Company Information
 Table 146. Ashok Leyland Forging Specification and Application
 Table 147. Ashok Leyland Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)
 Table 148. Ashok Leyland Main Business and Markets Served
 Table 149. Ashok Leyland Recent Developments/Updates
 Table 150. Allegheny Technologies Forging Company Information
 Table 151. Allegheny Technologies Forging Specification and Application
 Table 152. Allegheny Technologies Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)
 Table 153. Allegheny Technologies Main Business and Markets Served
 Table 154. Allegheny Technologies Recent Developments/Updates
 Table 155. VDM Metals Forging Company Information
 Table 156. VDM Metals Forging Specification and Application
 Table 157. VDM Metals Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)
 Table 158. VDM Metals Main Business and Markets Served
 Table 159. VDM Metals Recent Developments/Updates
 Table 160. CITIC Heavy Industries Forging Company Information
 Table 161. CITIC Heavy Industries Forging Specification and Application
 Table 162. CITIC Heavy Industries Forging Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)
 Table 163. CITIC Heavy Industries Main Business and Markets Served
 Table 164. CITIC Heavy Industries Recent Developments/Updates
 Table 165. Key Raw Materials Lists
 Table 166. Raw Materials Key Suppliers Lists
 Table 167. Forging Distributors List
 Table 168. Forging Customers List
 Table 169. Forging Market Trends
 Table 170. Forging Market Drivers
 Table 171. Forging Market Challenges
 Table 172. Forging Market Restraints
 Table 173. Research Programs/Design for This Report
 Table 174. Key Data Information from Secondary Sources
 Table 175. Key Data Information from Primary Sources
 Table 176. Authors List of This Report


List of Figures
 Figure 1. Product Picture of Forging
 Figure 2. Global Forging Market Value by Type (US$ Million), 2021–2032
 Figure 3. Global Forging Market Share by Type: 2025 vs 2032
 Figure 4. Closed Die Forgings Product Picture
 Figure 5. Open Die Forgings Product Picture
 Figure 6. Rolled Rings Forgings Product Picture
 Figure 7. Global Forging Market Value by Application (US$ Million), 2021–2032
 Figure 8. Global Forging Market Share by Application: 2025 vs 2032
 Figure 9. Automotive
 Figure 10. Aerospace
 Figure 11. Agricultural
 Figure 12. General Industrial
 Figure 13. Other
 Figure 14. Global Forging Production Value (US$ Million), 2021 vs 2025 vs 2032
 Figure 15. Global Forging Production Value (US$ Million), 2021–2032
 Figure 16. Global Forging Production Capacity (K MT), 2021–2032
 Figure 17. Global Forging Production (K MT), 2021–2032
 Figure 18. Global Forging Average Price (USD/MT), 2021–2032
 Figure 19. Forging Report Years Considered
 Figure 20. Forging Production Share by Manufacturers in 2025
 Figure 21. Global Forging Production Value Share by Manufacturers (2025)
 Figure 22. Forging Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2021 vs 2025
 Figure 23. Top 5 and Top 10 Global Players: Market Share by Forging Revenue in 2025
 Figure 24. Global Forging Production Value by Region: 2021 vs 2025 vs 2032 (US$ Million)
 Figure 25. Global Forging Production Value Market Share by Region: 2021 vs 2025 vs 2032
 Figure 26. Global Forging Production Comparison by Region: 2021 vs 2025 vs 2032 (K MT)
 Figure 27. Global Forging Production Market Share by Region: 2021 vs 2025 vs 2032
 Figure 28. North America Forging Production Value (US$ Million) Growth Rate (2021–2032)
 Figure 29. Europe Forging Production Value (US$ Million) Growth Rate (2021–2032)
 Figure 30. China Forging Production Value (US$ Million) Growth Rate (2021–2032)
 Figure 31. Japan Forging Production Value (US$ Million) Growth Rate (2021–2032)
 Figure 32. India Forging Production Value (US$ Million) Growth Rate (2021–2032)
 Figure 33. Global Forging Consumption by Region: 2021 vs 2025 vs 2032 (K MT)
 Figure 34. Global Forging Consumption Market Share by Region: 2021 vs 2025 vs 2032
 Figure 35. North America Forging Consumption and Growth Rate (K MT), 2021–2032
 Figure 36. North America Forging Consumption Market Share by Country (2021–2032)
 Figure 37. U.S. Forging Consumption and Growth Rate (K MT), 2021–2032
 Figure 38. Canada Forging Consumption and Growth Rate (K MT), 2021–2032
 Figure 39. Europe Forging Consumption and Growth Rate (K MT), 2021–2032
 Figure 40. Europe Forging Consumption Market Share by Country (2021–2032)
 Figure 41. Germany Forging Consumption and Growth Rate (K MT), 2021–2032
 Figure 42. France Forging Consumption and Growth Rate (K MT), 2021–2032
 Figure 43. U.K. Forging Consumption and Growth Rate (K MT), 2021–2032
 Figure 44. Italy Forging Consumption and Growth Rate (K MT), 2021–2032
 Figure 45. Russia Forging Consumption and Growth Rate (K MT), 2021–2032
 Figure 46. Asia Pacific Forging Consumption and Growth Rate (K MT), 2021–2032
 Figure 47. Asia Pacific Forging Consumption Market Share by Region (2021–2032)
 Figure 48. China Forging Consumption and Growth Rate (K MT), 2021–2032
 Figure 49. Japan Forging Consumption and Growth Rate (K MT), 2021–2032
 Figure 50. South Korea Forging Consumption and Growth Rate (K MT), 2021–2032
 Figure 51. China Taiwan Forging Consumption and Growth Rate (K MT), 2021–2032
 Figure 52. Southeast Asia Forging Consumption and Growth Rate (K MT), 2021–2032
 Figure 53. India Forging Consumption and Growth Rate (K MT), 2021–2032
 Figure 54. Latin America, Middle East & Africa Forging Consumption and Growth Rate (K MT), 2021–2032
 Figure 55. Latin America, Middle East & Africa Forging Consumption Market Share by Country (2021–2032)
 Figure 56. Mexico Forging Consumption and Growth Rate (K MT), 2021–2032
 Figure 57. Brazil Forging Consumption and Growth Rate (K MT), 2021–2032
 Figure 58. Turkey Forging Consumption and Growth Rate (K MT), 2021–2032
 Figure 59. GCC Countries Forging Consumption and Growth Rate (K MT), 2021–2032
 Figure 60. Global Production Market Share of Forging by Type (2021–2032)
 Figure 61. Global Production Value Market Share of Forging by Type (2021–2032)
 Figure 62. Global Forging Price (USD/MT) by Type (2021–2032)
 Figure 63. Global Production Market Share of Forging by Application (2021–2032)
 Figure 64. Global Production Value Market Share of Forging by Application (2021–2032)
 Figure 65. Global Forging Price (USD/MT) by Application (2021–2032)
 Figure 66. Forging Value Chain
 Figure 67. Channels of Distribution (Direct Vs Distribution)
 Figure 68. Bottom-up and Top-down Approaches for This Report
 Figure 69. Data Triangulation
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