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India Metal Forging Market Size & Outlook, 2026-2033

The metal forging market in India is expected to reach a projected revenue of US$ 10,318.7 million by 2033. A compound annual growth rate of 8.8% is expected of India metal forging market from 2026 to 2033.

  • Metals & Mining
    • Metals, Mining & Minerals
      • Metal Forging Market Outlook
Revenue, 2025 (US$M)
$5,200.2
Estimate, 2026 (US$M)
$5,728.3
Forecast, 2033 (US$M)
$10,318.7
CAGR, 2026 - 2033
8.8%
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India metal forging market outlook highlights

The India metal forging market outlook generated a revenue of USD 5,200.2 million in 2025 and is expected to reach USD 10,318.7 million by 2033.
  • The market is expected to grow at a CAGR of 8.8% from 2026 to 2033.
  • In terms of segment, carbon steel was the largest revenue generating raw material in 2025.
  • Aluminum is the most lucrative raw material segment registering the fastest growth during the forecast period.

  • Metal Forging Market Outlook data book summary

    Market revenue in 2025USD 5,200.2 million
    Market revenue in 2033USD 10,318.7 million
    Growth rate8.8% (CAGR from 2026 to 2033)
    Largest segmentCarbon Steel
    Fastest growing segmentAluminum
    Historical data2021 - 2024
    Base year2025
    Forecast period2026 - 2033
    Quantitative unitsRevenue in USD million
    Market segmentationMagnesium, Others Raw Material, Titanium, Aluminum, Stainless Steel, Carbon Steel, Alloy Steel
    Key market players worldwideAti 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, India accounted for 13.2% of the global metal forging market outlook in 2025.
    • Country-wise, China is expected to lead the global market in terms of revenue in 2033.
    • In Asia Pacific, China metal forging market outlook is projected to lead the regional market in terms of revenue in 2033.
    • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 22,198.4 million by 2033.

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    Publish Date: Oct 07, 2026

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    Metal Forging Market Companies

    NameProfile# EmployeesHQWebsite
    Nippon Steel CorpView profile 121,9906-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8071www.nipponsteel.com
    Berkshire Hathaway Inc Class AView profile 396,5003555 Farnam Street, Omaha, NE, United States, 68131www.berkshirehathaway.com
    Larsen & Toubro Ltd DRView profile 330,955Norottarn Morarjee Marg , L&T House, Ballard Estate, P. O. Box: 278, Mumbai, MH, India, 400 001www.larsentoubro.com
    ATI IncView profile 7,3002021 McKinney Avenue, Dallas, TX, United States, 75201www.atimaterials.com
    Green Brick Partners IncView profile 6005501 Headquarters Drive, Suite 300 W, Plano, TX, United States, 75024www.greenbrickpartners.com
    John Wood Group PlcView profile 35,000Hareness Road, Sir Ian Wood House, Altens Industrial Estate, Aberdeen, United Kingdom, AB12 3LEwww.woodplc.com

    India 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 Outlook will help companies and investors design strategic landscapes.


    Carbon Steel was the largest segment with a revenue share of 43.34% in 2025.

    Horizon Databook has segmented the India metal forging market based on magnesium, others raw material, titanium, aluminum, stainless steel, carbon steel, alloy steel covering the revenue growth of each sub-segment from 2021 to 2033.


    • India Metal Forging Market Raw Material Outlook (Revenue, USD Million , 2021-2033)
      • Magnesium
      • Others Raw Material
      • Titanium
      • Aluminum
      • Stainless Steel
      • Carbon Steel
      • Alloy Steel
    • India Metal Forging Market Application Outlook (Revenue, USD Million , 2021-2033)
      • Power Generation
      • Transportation
      • Construction
      • Oil & Gas
      • Agriculture
      • Marine
      • Others Application
      • Aerospace
      • Automotive

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    Horizon Databook provides a detailed overview of country-level data and insights on the India Metal Forging Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into India Metal Forging Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.

    India Metal Forging Market, 2021-2033 (US$M)

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    India metal forging market statistics, by raw material 2021 - 2033 (US$M)

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    India metal forging market statistics, by raw material 2021 - 2033 (USD Million)

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