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Global Casting and Forging Market Growth (Status and Outlook) 2025-2031
Nov 2025
Chemicals and Materials
Pages: 133
LPI30035
According to this study, the global Casting and Forging market size will reach US$ million by 2031.
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Casting is the process where metal is heated until molten. While in the molten or liquid state it is poured into a mold or vessel to create a desired shape. Forging is the application of thermal and mechanical energy to steel billets or ingots to cause the material to change shape while in a solid state. This report mainly studies casting and forging market.
United States market for Casting and Forging is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Casting and Forging is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Casting and Forging is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Casting and Forging players cover Precision Castparts Corp, Thyssenkrupp, Arconic, Eramet Group, Avic Heavy Machinery, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LPI (LP Information) newest research report, the Casting and Forging Industry Forecast looks at past sales and reviews total world Casting and Forging sales in 2024, providing a comprehensive analysis by region and market sector of projected Casting and Forging sales for 2025 through 2031. With Casting and Forging sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Casting and Forging industry.
This Insight Report provides a comprehensive analysis of the global Casting and Forging landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Casting and Forging portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Casting and Forging market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Casting and Forging and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Casting and Forging.
This report presents a comprehensive overview, market shares, and growth opportunities of Casting and Forging market by product type, application, key players and key regions and countries.
Segmentation by Type:
Casting
Forging
Segmentation by Application:
Automotive
Aerospace
Heavy Machine
Energy Industry
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the companys coverage, product portfolio, its market penetration.
Precision Castparts Corp
Thyssenkrupp
Arconic
Eramet Group
Avic Heavy Machinery
VSMPO-AVISMA
Allegheny Technologies
NIPPON STEEL
KOBELCO
Aichi Steel
Amsted Rail
Weichai
RYOBI
Doosan Enerbility
Alcoa
Kobe Steel
Mahindra Forgings Europe
Siempelkamp
Bharat Forge Limited
KITZ
Casting and Forging Market Scope
| Report Attribute | Details |
|---|---|
| Market Size (Start Year) | USD XX Million |
| Market Size (End Year) | USD XX Million |
| Compound Annual Growth Rate (CAGR) | USD XX Million |
| Forecast Period | USD XX Million |
| Base Year | USD XX Million |
| Historical Data | USD XX Million |
| Key Players | USD XX Million |
📘 Frequently Asked Questions
1. What is the market size of Global Casting and Forging Market?
Answer: According to this study, the global Casting and Forging market size will reach US$ million by 2031.
2. Which regions are analyzed in the Global Casting and Forging Market report?
Answer: The Global Casting and Forging Market report covers major regions such as Europe, Middle East & Africa. Each region is analyzed for trends, opportunities, and market dynamics.
3. What methodology is used for forecasting of Global Casting and Forging Market?
Answer: The Global Casting and Forging Market report uses a mix of primary research, secondary data, and expert analysis to build its forecasts. Models include both qualitative and quantitative approaches.
4. Are emerging markets analyzed separately in the Global Casting and Forging Market?
Answer: Yes, the Global Casting and Forging Market report highlights high-growth emerging regions with dedicated insights. These include untapped opportunities, risks, and potential for expansion.
5. Does the report include competitive benchmarking of Global Casting and Forging Market?
Answer: Yes, Global Casting and Forging Market report compares major players based on revenue, product portfolio, innovation, and regional presence. This helps assess competitive positioning.
6. Can I access country-level data within the Global Casting and Forging Market report?
Answer: Yes, Global Casting and Forging Market report includes detailed data by country, especially for key markets. This allows for localized insights and decision-making.
7. Can I get customized insights or data from the Global Casting and Forging Market report?
Answer: Yes, we offer customization options to align with your specific business needs. You can request tailored sections or regional breakdowns.
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