Europe Metal Forging Market Size & Outlook, 2025-2030
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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.
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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 |
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 2024. 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.
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Our clientele includes a mix of metal forging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 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.
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Europe metal forging market size, by country, 2018-2030 (US$M)
Europe Metal Forging Market Outlook Share, 2024 & 2030 (US$M)
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