Closed Die Forging Global Market

Closed Die Forging Global Market

Global Closed Die ForgingMarket Industry Research Report 2026

Explore detailed insights, trends, growth drivers, key players, and forecasts for the Global Closed Die ForgingMarket Industry Research Report 2026 market worldwide.

Pages: 215

Format: PDF

Date: 01-2026

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Global Closed Die Forging Market Report 2026–2036

Market Overview

Chem Reports projects that the Closed Die Forging Market will grow steadily between 2026 and 2036, reaching USD xxxx by the end of the forecast period from its 2025 valuation of USD xxxx, at a CAGR of xx% globally.
The report provides comprehensive industry analysis of development components, market patterns, flows, and sizes. It evaluates present and historical market values to forecast potential performance during the forecast period (2026–2036).

This study integrates both primary and secondary data sources, examining factors such as government policies, market environment, competitive landscape, historical data, current trends, technological innovation, upcoming technologies, and progress in related industries.

Impact of COVID-19

The COVID-19 outbreak in December 2019 disrupted global supply chains and industrial activity. The Closed Die Forging market was significantly affected in 2020, particularly in automotive and aerospace sectors. Recovery has since been driven by renewed demand in industrial manufacturing, defense, and infrastructure projects, alongside heightened focus on resilient supply chains and advanced forging technologies.

Market Segmentation (2026–2036)

By Type

  • Steel – Widely used for high-strength applications in automotive and aerospace.
  • Aluminum – Lightweight option, preferred in aerospace and automotive components.
  • Alloy – Specialty alloys offering enhanced durability and performance in industrial and defense applications.

By Application

  • Automotive – Forged components for engines, transmissions, and structural parts.
  • Aerospace – High-performance parts for aircraft engines, landing gear, and structural assemblies.
  • Agricultural – Durable components for tractors, harvesters, and heavy machinery.
  • General Industrial – Forged parts for machinery, tools, and equipment.
  • Other – Niche applications in defense, energy, and marine industries.

Regional Analysis (2026–2036)

  • North America: Strong demand in aerospace and automotive; U.S. leads adoption due to advanced manufacturing capabilities.
  • Europe: Growth driven by sustainability initiatives and advanced forging technologies; Germany, U.K., and France are key markets.
  • Asia-Pacific: Fastest-growing region, led by China, India, and Japan, fueled by industrial expansion and automotive demand.
  • South America: Moderate growth, with Brazil and Argentina driving demand in agriculture and automotive.
  • Middle East & Africa: Emerging opportunities in defense and infrastructure, though growth is constrained by limited industrial base.

Competitive Landscape (2026–2036)

Top Key Players

  • Precision Castparts Corp
  • AAM
  • KOBELCO
  • Arconic
  • Eramet Group
  • Nippon Steel & Sumitomo Metal
  • Avic Heavy Machinery
  • Aichi Steel
  • Thyssenkrupp
  • Bharat Forge Limited
  • VDM Metals
  • CITIC Heavy Industries
  • VSMPO-AVISMA
  • Farinia Group
  • Mahindra Forgings Europe
  • FAW
  • Allegheny Technologies
  • Scot Forge
  • JSW
  • WanXiang

These companies are expected to focus on R&D, sustainability, and regional expansion to strengthen their market positions during the forecast period. Strategic partnerships with automotive, aerospace, and industrial manufacturers will be critical to long-term success.

Strategic Insights (2026–2036)

Porter’s Five Forces

  • Threat of New Entrants: Moderate – capital investment and technical expertise are barriers.
  • Supplier Power: Moderate – raw material suppliers hold leverage due to limited alternatives.
  • Buyer Power: High – industries demand cost efficiency, durability, and performance reliability.
  • Threat of Substitutes: Low – few alternatives match forging’s strength and adaptability.
  • Industry Rivalry: High – global players compete on innovation, sustainability, and compliance.

SWOT Analysis

Strengths: High durability, precision, and versatility; strong demand across automotive and aerospace sectors.
Weaknesses: High production costs; dependence on raw material supply chains.
Opportunities: Rising demand in Asia-Pacific; innovation in eco-friendly and high-performance forging technologies.
Threats: Regulatory restrictions; competition from alternative manufacturing methods (e.g., casting, additive manufacturing).

Trend Analysis

  • Increasing demand for lightweight forged components in automotive and aerospace.
  • Growth in defense and infrastructure applications.
  • Rising importance of eco-friendly and sustainable forging processes.
  • Expansion of applications in industrial machinery and renewable energy.

Drivers & Challenges

Drivers: Rising global demand for durable components, growth in automotive and aerospace, technological advancements.
Challenges: High production costs, regulatory pressure, raw material volatility.

Value Chain Analysis

  • Raw Material Suppliers: Producers of steel, aluminum, and specialty alloys.
  • Manufacturers: Develop forged components for industrial and consumer applications.
  • Distributors/Retailers: Supply to automotive, aerospace, and industrial firms.
  • End Users: Automotive OEMs, aerospace companies, agricultural equipment manufacturers, industrial operators.

Quick Recommendations for Stakeholders

  • Manufacturers: Invest in R&D for lightweight and high-performance forging solutions.
  • Distributors: Strengthen networks in Asia-Pacific to capture high-growth opportunities.
  • Regulators: Support sustainable innovation through compliance frameworks.
  • Investors: Focus on companies innovating in aerospace and automotive forging.
  • OEMs & End Users: Collaborate with forging producers to ensure compliance and performance standards.

 

1. Market Overview of Closed Die Forging
    1.1 Closed Die Forging Market Overview
        1.1.1 Closed Die Forging Product Scope
        1.1.2 Market Status and Outlook
    1.2 Closed Die Forging Market Size by Regions:
    1.3 Closed Die Forging Historic Market Size by Regions
    1.4 Closed Die Forging Forecasted Market Size by Regions
    1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
        1.5.1 North America
        1.5.2 East Asia
        1.5.3 Europe
        1.5.4 South Asia
        1.5.5 Southeast Asia
        1.5.6 Middle East
        1.5.7 Africa
        1.5.8 Oceania
        1.5.9 South America
        1.5.10 Rest of the World
    1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
        1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2025 Projections
        1.6.2 Covid-19 Impact: Commodity Prices Indices
        1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Closed Die Forging Sales Market by Type
    2.1 Global Closed Die Forging Historic Market Size by Type
    2.2 Global Closed Die Forging Forecasted Market Size by Type
    2.3 Steel
    2.4 Aluminum
    2.5 Alloy
3. Covid-19 Impact Closed Die Forging Sales Market by Application
    3.1 Global Closed Die Forging Historic Market Size by Application
    3.2 Global Closed Die Forging Forecasted Market Size by Application
    3.3 Automotive
    3.4 Aerospace
    3.5 Agricultural
    3.6 General Industrial
    3.7 Other
4. Covid-19 Impact Market Competition by Manufacturers
    4.1 Global Closed Die Forging Production Capacity Market Share by Manufacturers
    4.2 Global Closed Die Forging Revenue Market Share by Manufacturers
    4.3 Global Closed Die Forging Average Price by Manufacturers
5. Company Profiles and Key Figures in Closed Die Forging Business
    5.1 Precision Castparts Corp
        5.1.1 Precision Castparts Corp Company Profile
        5.1.2 Precision Castparts Corp Closed Die Forging Product Specification
        5.1.3 Precision Castparts Corp Closed Die Forging Production Capacity, Revenue, Price and Gross Margin
    5.2 AAM
        5.2.1 AAM Company Profile
        5.2.2 AAM Closed Die Forging Product Specification
        5.2.3 AAM Closed Die Forging Production Capacity, Revenue, Price and Gross Margin
    5.3 KOBELCO
        5.3.1 KOBELCO Company Profile
        5.3.2 KOBELCO Closed Die Forging Product Specification
        5.3.3 KOBELCO Closed Die Forging Production Capacity, Revenue, Price and Gross Margin
    5.4 Arconic
        5.4.1 Arconic Company Profile
        5.4.2 Arconic Closed Die Forging Product Specification
        5.4.3 Arconic Closed Die Forging Production Capacity, Revenue, Price and Gross Margin
    5.5 Eramet Group
        5.5.1 Eramet Group Company Profile
        5.5.2 Eramet Group Closed Die Forging Product Specification
        5.5.3 Eramet Group Closed Die Forging Production Capacity, Revenue, Price and Gross Margin
    5.6 Nippon Steel & Sumitomo Metal
        5.6.1 Nippon Steel & Sumitomo Metal Company Profile
        5.6.2 Nippon Steel & Sumitomo Metal Closed Die Forging Product Specification
        5.6.3 Nippon Steel & Sumitomo Metal Closed Die Forging Production Capacity, Revenue, Price and Gross Margin
    5.7 Avic Heavy Machinery
        5.7.1 Avic Heavy Machinery Company Profile
        5.7.2 Avic Heavy Machinery Closed Die Forging Product Specification
        5.7.3 Avic Heavy Machinery Closed Die Forging Production Capacity, Revenue, Price and Gross Margin
    5.8 Aichi Steel
        5.8.1 Aichi Steel Company Profile
        5.8.2 Aichi Steel Closed Die Forging Product Specification
        5.8.3 Aichi Steel Closed Die Forging Production Capacity, Revenue, Price and Gross Margin
    5.9 Thyssenkrupp
        5.9.1 Thyssenkrupp Company Profile
        5.9.2 Thyssenkrupp Closed Die Forging Product Specification
        5.9.3 Thyssenkrupp Closed Die Forging Production Capacity, Revenue, Price and Gross Margin
    5.10 Bharat Forge Limited
        5.10.1 Bharat Forge Limited Company Profile
        5.10.2 Bharat Forge Limited Closed Die Forging Product Specification
        5.10.3 Bharat Forge Limited Closed Die Forging Production Capacity, Revenue, Price and Gross Margin
    5.11 VDM Metals
        5.11.1 VDM Metals Company Profile
        5.11.2 VDM Metals Closed Die Forging Product Specification
        5.11.3 VDM Metals Closed Die Forging Production Capacity, Revenue, Price and Gross Margin
    5.12 CITIC Heavy Industries
        5.12.1 CITIC Heavy Industries Company Profile
        5.12.2 CITIC Heavy Industries Closed Die Forging Product Specification
        5.12.3 CITIC Heavy Industries Closed Die Forging Production Capacity, Revenue, Price and Gross Margin
    5.13 VSMPO-AVISMA
        5.13.1 VSMPO-AVISMA Company Profile
        5.13.2 VSMPO-AVISMA Closed Die Forging Product Specification
        5.13.3 VSMPO-AVISMA Closed Die Forging Production Capacity, Revenue, Price and Gross Margin
    5.14 Farinia Group
        5.14.1 Farinia Group Company Profile
        5.14.2 Farinia Group Closed Die Forging Product Specification
        5.14.3 Farinia Group Closed Die Forging Production Capacity, Revenue, Price and Gross Margin
    5.15 Mahindra Forgings Europe
        5.15.1 Mahindra Forgings Europe Company Profile
        5.15.2 Mahindra Forgings Europe Closed Die Forging Product Specification
        5.15.3 Mahindra Forgings Europe Closed Die Forging Production Capacity, Revenue, Price and Gross Margin
    5.16 FAW
        5.16.1 FAW Company Profile
        5.16.2 FAW Closed Die Forging Product Specification
        5.16.3 FAW Closed Die Forging Production Capacity, Revenue, Price and Gross Margin
    5.17 Allegheny Technologies
        5.17.1 Allegheny Technologies Company Profile
        5.17.2 Allegheny Technologies Closed Die Forging Product Specification
        5.17.3 Allegheny Technologies Closed Die Forging Production Capacity, Revenue, Price and Gross Margin
    5.18 Scot Forge
        5.18.1 Scot Forge Company Profile
        5.18.2 Scot Forge Closed Die Forging Product Specification
        5.18.3 Scot Forge Closed Die Forging Production Capacity, Revenue, Price and Gross Margin
    5.19 JSW
        5.19.1 JSW Company Profile
        5.19.2 JSW Closed Die Forging Product Specification
        5.19.3 JSW Closed Die Forging Production Capacity, Revenue, Price and Gross Margin
    5.20 WanXiang
        5.20.1 WanXiang Company Profile
        5.20.2 WanXiang Closed Die Forging Product Specification
        5.20.3 WanXiang Closed Die Forging Production Capacity, Revenue, Price and Gross Margin
6. North America
    6.1 North America Closed Die Forging Market Size
    6.2 North America Closed Die Forging Key Players in North America
    6.3 North America Closed Die Forging Market Size by Type
    6.4 North America Closed Die Forging Market Size by Application
7. East Asia
    7.1 East Asia Closed Die Forging Market Size
    7.2 East Asia Closed Die Forging Key Players in North America
    7.3 East Asia Closed Die Forging Market Size by Type
    7.4 East Asia Closed Die Forging Market Size by Application
8. Europe
    8.1 Europe Closed Die Forging Market Size
    8.2 Europe Closed Die Forging Key Players in North America
    8.3 Europe Closed Die Forging Market Size by Type
    8.4 Europe Closed Die Forging Market Size by Application
9. South Asia
    9.1 South Asia Closed Die Forging Market Size
    9.2 South Asia Closed Die Forging Key Players in North America
    9.3 South Asia Closed Die Forging Market Size by Type
    9.4 South Asia Closed Die Forging Market Size by Application
10. Southeast Asia
    10.1 Southeast Asia Closed Die Forging Market Size
    10.2 Southeast Asia Closed Die Forging Key Players in North America
    10.3 Southeast Asia Closed Die Forging Market Size by Type
    10.4 Southeast Asia Closed Die Forging Market Size by Application
11. Middle East
    11.1 Middle East Closed Die Forging Market Size
    11.2 Middle East Closed Die Forging Key Players in North America
    11.3 Middle East Closed Die Forging Market Size by Type
    11.4 Middle East Closed Die Forging Market Size by Application
12. Africa
    12.1 Africa Closed Die Forging Market Size
    12.2 Africa Closed Die Forging Key Players in North America
    12.3 Africa Closed Die Forging Market Size by Type
    12.4 Africa Closed Die Forging Market Size by Application
13. Oceania
    13.1 Oceania Closed Die Forging Market Size
    13.2 Oceania Closed Die Forging Key Players in North America
    13.3 Oceania Closed Die Forging Market Size by Type
    13.4 Oceania Closed Die Forging Market Size by Application
14. South America
    14.1 South America Closed Die Forging Market Size
    14.2 South America Closed Die Forging Key Players in North America
    14.3 South America Closed Die Forging Market Size by Type
    14.4 South America Closed Die Forging Market Size by Application
15. Rest of the World
    15.1 Rest of the World Closed Die Forging Market Size
    15.2 Rest of the World Closed Die Forging Key Players in North America
    15.3 Rest of the World Closed Die Forging Market Size by Type
    15.4 Rest of the World Closed Die Forging Market Size by Application
16 Closed Die Forging Market Dynamics
    16.1 Covid-19 Impact Market Top Trends
    16.2 Covid-19 Impact Market Drivers
    16.3 Covid-19 Impact Market Challenges
    16.4 Porter?s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
    18.1 Research Methodology
        18.1.1 Methodology/Research Approach
        18.1.2 Data Source
    18.2 Disclaimer

Market Segmentation (2026–2036)

By Type

  • Steel – Widely used for high-strength applications in automotive and aerospace.
  • Aluminum – Lightweight option, preferred in aerospace and automotive components.
  • Alloy – Specialty alloys offering enhanced durability and performance in industrial and defense applications.

By Application

  • Automotive – Forged components for engines, transmissions, and structural parts.
  • Aerospace – High-performance parts for aircraft engines, landing gear, and structural assemblies.
  • Agricultural – Durable components for tractors, harvesters, and heavy machinery.
  • General Industrial – Forged parts for machinery, tools, and equipment.
  • Other – Niche applications in defense, energy, and marine industries.

Regional Analysis (2026–2036)

  • North America: Strong demand in aerospace and automotive; U.S. leads adoption due to advanced manufacturing capabilities.
  • Europe: Growth driven by sustainability initiatives and advanced forging technologies; Germany, U.K., and France are key markets.
  • Asia-Pacific: Fastest-growing region, led by China, India, and Japan, fueled by industrial expansion and automotive demand.
  • South America: Moderate growth, with Brazil and Argentina driving demand in agriculture and automotive.
  • Middle East & Africa: Emerging opportunities in defense and infrastructure, though growth is constrained by limited industrial base.

Competitive Landscape (2026–2036)

Top Key Players

  • Precision Castparts Corp
  • AAM
  • KOBELCO
  • Arconic
  • Eramet Group
  • Nippon Steel & Sumitomo Metal
  • Avic Heavy Machinery
  • Aichi Steel
  • Thyssenkrupp
  • Bharat Forge Limited
  • VDM Metals
  • CITIC Heavy Industries
  • VSMPO-AVISMA
  • Farinia Group
  • Mahindra Forgings Europe
  • FAW
  • Allegheny Technologies
  • Scot Forge
  • JSW
  • WanXiang

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