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Aluminum Forging Market

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2 years ago

Aluminum Forging Market By Product Type (Open Die Forging, Close Die Forging and Ring Rolled Forging), By Application (Aerospace, Automotive, Defense and Others) – Growth, Future Prospects and Competitive Analysis, 2019 - 2027

Growing Demand of Aluminum to boost the growth for Aluminum Forging Market

The aluminum forging market worldwide is expected to grow with a CAGR of 5.4% during the forecast period from 2019 to 2027, starting from US$ 11.60 Bn in 2018. Rapid increase in aluminum demand in automotive and aerospace industry is the key factor for growth of aluminum forging market worldwide. T...

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a year ago

Global Aluminum Forgings Industry Research Report, Growth Trends and Competitive Analysis 2022-2028

Report Scope
This latest report researches the industry structure, capacity, production, sales (consumption), revenue, price and gross margin. Major producers' production locations, market shares, industry ranking and profiles are presented. The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were coll...

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a year ago

Global Aluminum Forgings Market Research Report 2023

The global Aluminum Forgings market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Aluminum Forgings is estimated to increase from $ million in 2023 to reach $ million...

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2 years ago

Global Aluminum Forging Market Size, Share and Growth Analysis by Manufacturers, Type, Application and Region, 2015 - 2027

The Aluminum Forging market research report from Xinren Research is detailed study of Aluminum Forging industry. Xinren Research has recently published latest updates in Aluminum Forging market. The Aluminum Forging market is a key to understand dynamics and key trends in this industry. The Aluminum Forging report provides detailed market size analysis in terms of revenue i.e. USD million on gl...

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Aluminum Forging Market

The global Aluminum Forging Market is expected to grow. Forged Aluminum has a superior strength-to-weight ratio to several grades of steel. It is lightweight yet strong, highly resistant, and durable. 

 

It is used in the manufacturing of cooking utensils and automotive parts. It is also widely used for many purposes in the defense, aerospace, and marine industry. Since the industries where Aluminum finds its primary uses are growing, there is a greater demand for forged Aluminum.

 

The Asia Pacific and East Asia are becoming important segments within the market as countries such as India, China, Bangladesh, and Japan focus on automobile production.

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