Forging market in North America
Forging is a manufacturing process for shaping metals using compressive forces. Cold forging and warm (or hot) forging are the two main forging processes. Forging can be exercised as ferrous (aluminium and titanium) forging and non-ferrous forging. It is carried out through either impression die, open die, or rolled rings. Forged metal components are widely used in the automotive, aerospace, construction, oil and gas, agriculture, shipbuilding, steel, bearing, and power industries.
North America’s demand for forging was valued at USD 11.75 billion in 2014 is expected to reach USD 15.41 billion by 2020, growing at a CAGR of 4.76%. In terms of volume, the North America forging market stood at 23.30 million tons in 2014
Impression die forging dominated the North America market with more than a 60% share in 2014. However, rolled rings die forging is expected to see the fastest CAGR during the forecast period. Rolled rings forging is growing due to increased demand from the automotive, aviation and oil and gas industry is growing. The aerospace industry dominates demand for rolled rings forging equipment market in North America.
The forging market in North America is segmented in terms of application as; the automotive industry, aerospace industry, oil and gas industry, and other applications. The automotive industry is one of the applications contributing to the growth of the market. Strong demand for impression die forging equipment from the automotive industry is expected to boost demand in the years to come.
The key players for forging market in North America include Alcoa, American Axle & Manufacturing Holdings, and Precision Castparts. The others prominent players for the forging market in North America include Ellwood Group, ATI Ladish Forging, FRISA, General Dynamics Ordnance & Tactical Systems, HHI Forging, Patriot Forge, Scot Forge, Sumitomo, Sypris Solutions, ThyssenKrupp.
Featured articles and news
BSRIA Sentinel Clerk of Works Training Case Study
Strengthening expertise to enhance service delivery with integrated cutting-edge industry knowledge.
Impact report from the Supply Chain Sustainability School
Free sustainability skills, training and support delivered to thousands of UK companies to help cut carbon.
The Building Safety Forum at the Installershow 2025
With speakers confirmed for 24 June as part of Building Safety Week.
The UK’s largest air pollution campaign.
Future Homes Standard, now includes solar, but what else?
Will the new standard, due to in the Autumn, go far enough in terms of performance ?
BSRIA Briefing: Cleaner Air, Better tomorrow
A look back at issues relating to inside and outside air quality, discussed during the BSRIA briefing in 2023.
Restoring Abbotsford's hothouse
Bringing the writer Walter Scott's garden to life.
Reflections on the spending review with CIAT.
Retired firefighter cycles world to raise Grenfell funds
Leaving on 14 June 2025 Stephen will raise money for youth and schools through the Grenfell Foundation.
Key points for construction at a glance with industry reactions.
Functionality, visibility and sustainability
The simpler approach to specification.
Architects, architecture, buildings, and inspiration in film
The close ties between makers and the movies, with our long list of suggested viewing.
SELECT three-point plan for action issued to MSPs
Call for Scottish regulation, green skills and recognition of electrotechnical industry as part of a manifesto for Scottish Parliamentary elections.
UCEM becomes the University of the Built Environment
Major milestone in its 106-year history, follows recent merger with London School of Architecture (LSE).
Professional practical experience for Architects in training
The long process to transform the nature of education and professional practical experience in the Architecture profession following recent reports.
A people-first approach to retrofit
Moving away from the destructive paradigm of fabric-first.
New guide for clients launched at Houses of Parliament
'There has never been a more important time for clients to step up and ...ask the right questions'
The impact of recycled slate tiles
Innovation across the decades.
EPC changes for existing buildings
Changes and their context as the new RdSAP methodology comes into use from 15 June.
Comments
Hi,
I visit your page and find much valuable information for my blog too as i am working on it.
well i like your article too on Forging.
Thanks