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Chemicals & Materials

Global Metal Forging Market By Raw Material

By Raw Material, the market is segmented into Steel, Aluminium, Magnesium, Nickel Based Alloys, Titanium, and Others (2019–2030)

Author: Wantstats Research TeamSource: Wantstats Repository
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Global Metal Forging Market By Raw Material — full underlying data
LabelTotalSteelAluminiumMagnesiumNickel Based AlloysTitaniumOthers
201911601.52 USD Mn8684.3 USD Mn2178.87 USD Mn141.81 USD Mn55.48 USD Mn104.23 USD Mn436.83 USD Mn
202011805.55 USD Mn8833.93 USD Mn2218.68 USD Mn143.95 USD Mn56.58 USD Mn106.59 USD Mn445.82 USD Mn
202111860.27 USD Mn8871.42 USD Mn2230.85 USD Mn144.27 USD Mn56.93 USD Mn107.59 USD Mn449.21 USD Mn
202212440.25 USD Mn9301.89 USD Mn2341.78 USD Mn150.89 USD Mn59.82 USD Mn113.35 USD Mn472.53 USD Mn
202313045.77 USD Mn9751.38 USD Mn2457.52 USD Mn157.77 USD Mn62.83 USD Mn119.39 USD Mn496.87 USD Mn
202413693.31 USD Mn10231.66 USD Mn2581.55 USD Mn165.11 USD Mn66.06 USD Mn125.9 USD Mn523.03 USD Mn
202514387.55 USD Mn10746.16 USD Mn2714.78 USD Mn172.97 USD Mn69.52 USD Mn132.9 USD Mn551.21 USD Mn
202615119.38 USD Mn11288.85 USD Mn2854.93 USD Mn181.22 USD Mn73.18 USD Mn140.29 USD Mn580.9 USD Mn
202715885.01 USD Mn11856.22 USD Mn3001.65 USD Mn189.86 USD Mn77.03 USD Mn148.09 USD Mn612.16 USD Mn
202816684.18 USD Mn12448.47 USD Mn3154.65 USD Mn198.86 USD Mn81.05 USD Mn156.3 USD Mn644.84 USD Mn
202917519.7 USD Mn13067.01 USD Mn3315 USD Mn208.28 USD Mn85.3 USD Mn164.95 USD Mn679.15 USD Mn
203018404.3 USD Mn13721.93 USD Mn3484.71 USD Mn218.19 USD Mn89.79 USD Mn174.14 USD Mn715.54 USD Mn

Data Source: Wantstats Repository

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Growth Outlook

  • The Global Metal Forging Market By Raw Material market is on a steady long-term growth path. Segment value stands at roughly USD 15119 Mn in 2026 and is projected to reach USD 18404 Mn by 2030 — a gain of about 22% over the forecast period, translating to a CAGR in the mid-single digits.
  • What the regional split looks like (2026): Steel leads, holding roughly 75% of segment value — the single largest regional share. Aluminium is the second-largest contributor. Others, Magnesium, Titanium and Nickel Based Alloys make up the remainder, in descending order.
  • By 2030, Steel alone is expected to reach USD 13722 Mn, with Aluminium at USD 3485 Mn.

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Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Global Metal Forging Market By Raw Material

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