Metal Stamping & Forging in the US - Industry Market Research Report

Metal Stamping & Forging in the US - Industry Market Research Report

  • May 2021 •
  • 44 pages •
  • Report ID: 198753 •
  • Format: PDF
Hot and cold: Renewed demand from key markets is expected to drive industry growth


Metal Stamping & Forging in the US
Over the five years to 2019, the Metal Stamping and Forging industry has experienced moderate volatility. Declining or unsteady demand from nearly all the industry’s major downstream markets, including aerospace manufacturing, agricultural machinery manufacturing and oil and gas machinery manufacturing, has hurt manufacturers of forged ferrous and stamped metal products. IBISWorld anticipates industry revenue will rebound moderately over the five years to 2024. Renewed demand from key markets, such as construction, aerospace and industrial machinery and ordnance, will drive this growth.

Operators in this industry forge, stamp and rollform ferrous (iron) and nonferrous metal products for use by other industries. Forged metal is compressed in hot or cold temperatures, while stamped metal is placed into a press to make sheets; rollformed metal is bent into shape on a set of rolls. The industry also includes powder metallurgy companies. This industry excludes the stamping of coins, cans and automotive products.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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