The global metal forging market size is expected to witness significant growth owing to the increasing demand of the product for the automotive sector. Furthermore, increasing government support for the production of e-vehicles will favor the adoption of metal forging. Fortune Business Insights, in its latest report, titled “Metal Forging Market Size, Share & Industry Analysis, By Raw Material (Carbon Steel, Alloy Steel, Stainless Steel, Aluminum, Magnesium, Titanium, and Others), By Technology (Closed Die, Open Die, and Others), By Application (Automotive, Mechanical Equipment, Aerospace & Railways, and Others), and Regional Forecast, 2020-2027.”, observes that the market is projected to reach USD 135.01 billion by 2027, while exhibiting a CAGR of 6.7% between 2020 and 2027. The report further mentions that the market was worth USD 80.79 billion in 2019.
List of the Leading Companies Profiled in the Metal Forging Market Research Report are:

Arconic (US)
Aichi Steel Corporation (Japan)
Nippon Steel Corp (Japan)
Allegheny Technologies Inc. (US)
American Axle & Manufacturing Inc. (US)
Bharat Forge Ltd (India)
Bruck GmbH (Germany)
ThyssenKrupp AG (Germany)
L&T Special Steel and Heavy Forgings (India)
China First Heavy Industries (China)
All Metals & Forge Group (US)
Schuler AG (US)
The Japan Steel Works, Ltd. (Japan)
Hilton Metal Forging Ltd. (India)

Metal forging is a type of metal forming method that mainly involves the use of compression force on a piece of metal to deform it, and further create the desired shape, size, and volume. The most common forged metal products are titanium, aluminum, copper, magnesium, and others. The process of forging is beneficial as it aids in strengthening of the metals by eliminating internal gas pockets that tend to weaken the metals. This process also increases the strength and durability of the metals Gain More Insights into the Metal Forging Market Research Report:
https://www.fortunebusinessinsights.com/metal-forging-market-103175
What does the Report Include?
The market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will affect market growth. In addition to this, the report provides insights into the regional analysis and discusses the performance of the market in major regions across the world. It includes the competitive landscape that involves leading companies and the strategies adopted by these companies which have resulted in several novel products as well