The global market for Closed Die Forging Services was valued at US$ 5329 million in the year 2024 and is projected to reach a revised size of US$ 7552 million by 2031, growing at a CAGR of 5.1% during the forecast period.
Closed die forging, also known as impression die forging, is one of the forging types for small or medium metal components. Close die forging is a plastic deformation process where, unlike in the open die forging process, the material is forced to flow in a closed shape called die. Compared to the open die forging, the close die forging (said also hot drop forging) can achieve more complex geometries, very much close to the dimensions of the finished component. The plastic deformation is given rapidly through some shots which force the material to fill the shape of the die. The process is performed at the plastic temperature of the material in use without intermediate re-heatings.
A key step in closed die forging is the design and the production of the dies, process which is part of the know-how of the manufacturer. Most common used forging dies material are tool steels. For the high material cost and machining cost, cost of forging dies are always much higher, but it is one time cost, will not be charged from our customers for next batch production. Unlike the open die forging, suitable to manufacture also individual parts, the close die forging is used to manufacture series production as this is particularly convenient to absorb the costs the dies. The close die forged product shows several advantages like the typical flow lines of the material along the profile of the component, beneficial particularly on mechanical components put in service under cyclic fatigue. This process allows furthermore to use reduced over-dimensions, feature which allows cost savings on input weights as well as on final machining due to less material to remove. The close die forging process is typically used for critical components, in our case on railway, petrochemical, electrical, lifting and safety system, industrial and agricultural machinery sectors.
North American market for Closed Die Forging Services is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Closed Die Forging Services is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The global market for Closed Die Forging Services in Automotive is estimated to increase from $ million in 2024 to $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global companies of Closed Die Forging Services include Topgrid, Bunty LLC, CFS Forge, E.J. Hadaway, Zetwerk, Frigate Engineering, Ferralloy, Inc., Align Manufacturing, Forge LT, Walker Forge, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Closed Die Forging Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Closed Die Forging Services.
The Closed Die Forging Services market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Closed Die Forging Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Closed Die Forging Services companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
麻豆原创 Segmentation
By Company
Topgrid
Bunty LLC
CFS Forge
E.J. Hadaway
Zetwerk
Frigate Engineering
Ferralloy, Inc.
Align Manufacturing
Forge LT
Walker Forge
Compass & Anvil Sales and Engineering Inc.
DEECO Metals
Canton Drop Forge
Schuler-Pressen
Segment by Type
Steel and Alloy Forging
Non-Ferrous Metal Forging
Specialty Material Forging
Segment by Application
Automotive
Aerospace
Industrial Machinery
Oil and Gas Industry
Power Generation
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Closed Die Forging Services company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 麻豆原创 Analysis by Type
1.2.1 Global Closed Die Forging Services 麻豆原创 Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Steel and Alloy Forging
1.2.3 Non-Ferrous Metal Forging
1.2.4 Specialty Material Forging
1.3 麻豆原创 by Application
1.3.1 Global Closed Die Forging Services 麻豆原创 Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Automotive
1.3.3 Aerospace
1.3.4 Industrial Machinery
1.3.5 Oil and Gas Industry
1.3.6 Power Generation
1.3.7 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Closed Die Forging Services 麻豆原创 Perspective (2020-2031)
2.2 Global Closed Die Forging Services Growth Trends by Region
2.2.1 Global Closed Die Forging Services 麻豆原创 Size by Region: 2020 VS 2024 VS 2031
2.2.2 Closed Die Forging Services Historic 麻豆原创 Size by Region (2020-2025)
2.2.3 Closed Die Forging Services Forecasted 麻豆原创 Size by Region (2026-2031)
2.3 Closed Die Forging Services 麻豆原创 Dynamics
2.3.1 Closed Die Forging Services Industry Trends
2.3.2 Closed Die Forging Services 麻豆原创 Drivers
2.3.3 Closed Die Forging Services 麻豆原创 Challenges
2.3.4 Closed Die Forging Services 麻豆原创 Restraints
3 Competition Landscape by Key Players
3.1 Global Top Closed Die Forging Services Players by Revenue
3.1.1 Global Top Closed Die Forging Services Players by Revenue (2020-2025)
3.1.2 Global Closed Die Forging Services Revenue 麻豆原创 Share by Players (2020-2025)
3.2 Global Top Closed Die Forging Services Players by Company Type and 麻豆原创 Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Closed Die Forging Services Revenue
3.4 Global Closed Die Forging Services 麻豆原创 Concentration Ratio
3.4.1 Global Closed Die Forging Services 麻豆原创 Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Closed Die Forging Services Revenue in 2024
3.5 Global Key Players of Closed Die Forging Services Head office and Area Served
3.6 Global Key Players of Closed Die Forging Services, Product and Application
3.7 Global Key Players of Closed Die Forging Services, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Closed Die Forging Services Breakdown Data by Type
4.1 Global Closed Die Forging Services Historic 麻豆原创 Size by Type (2020-2025)
4.2 Global Closed Die Forging Services Forecasted 麻豆原创 Size by Type (2026-2031)
5 Closed Die Forging Services Breakdown Data by Application
5.1 Global Closed Die Forging Services Historic 麻豆原创 Size by Application (2020-2025)
5.2 Global Closed Die Forging Services Forecasted 麻豆原创 Size by Application (2026-2031)
6 North America
6.1 North America Closed Die Forging Services 麻豆原创 Size (2020-2031)
6.2 North America Closed Die Forging Services 麻豆原创 Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Closed Die Forging Services 麻豆原创 Size by Country (2020-2025)
6.4 North America Closed Die Forging Services 麻豆原创 Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Closed Die Forging Services 麻豆原创 Size (2020-2031)
7.2 Europe Closed Die Forging Services 麻豆原创 Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Closed Die Forging Services 麻豆原创 Size by Country (2020-2025)
7.4 Europe Closed Die Forging Services 麻豆原创 Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Closed Die Forging Services 麻豆原创 Size (2020-2031)
8.2 Asia-Pacific Closed Die Forging Services 麻豆原创 Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Closed Die Forging Services 麻豆原创 Size by Region (2020-2025)
8.4 Asia-Pacific Closed Die Forging Services 麻豆原创 Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Closed Die Forging Services 麻豆原创 Size (2020-2031)
9.2 Latin America Closed Die Forging Services 麻豆原创 Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Closed Die Forging Services 麻豆原创 Size by Country (2020-2025)
9.4 Latin America Closed Die Forging Services 麻豆原创 Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Closed Die Forging Services 麻豆原创 Size (2020-2031)
10.2 Middle East & Africa Closed Die Forging Services 麻豆原创 Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Closed Die Forging Services 麻豆原创 Size by Country (2020-2025)
10.4 Middle East & Africa Closed Die Forging Services 麻豆原创 Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Topgrid
11.1.1 Topgrid Company Details
11.1.2 Topgrid Business Overview
11.1.3 Topgrid Closed Die Forging Services Introduction
11.1.4 Topgrid Revenue in Closed Die Forging Services Business (2020-2025)
11.1.5 Topgrid Recent Development
11.2 Bunty LLC
11.2.1 Bunty LLC Company Details
11.2.2 Bunty LLC Business Overview
11.2.3 Bunty LLC Closed Die Forging Services Introduction
11.2.4 Bunty LLC Revenue in Closed Die Forging Services Business (2020-2025)
11.2.5 Bunty LLC Recent Development
11.3 CFS Forge
11.3.1 CFS Forge Company Details
11.3.2 CFS Forge Business Overview
11.3.3 CFS Forge Closed Die Forging Services Introduction
11.3.4 CFS Forge Revenue in Closed Die Forging Services Business (2020-2025)
11.3.5 CFS Forge Recent Development
11.4 E.J. Hadaway
11.4.1 E.J. Hadaway Company Details
11.4.2 E.J. Hadaway Business Overview
11.4.3 E.J. Hadaway Closed Die Forging Services Introduction
11.4.4 E.J. Hadaway Revenue in Closed Die Forging Services Business (2020-2025)
11.4.5 E.J. Hadaway Recent Development
11.5 Zetwerk
11.5.1 Zetwerk Company Details
11.5.2 Zetwerk Business Overview
11.5.3 Zetwerk Closed Die Forging Services Introduction
11.5.4 Zetwerk Revenue in Closed Die Forging Services Business (2020-2025)
11.5.5 Zetwerk Recent Development
11.6 Frigate Engineering
11.6.1 Frigate Engineering Company Details
11.6.2 Frigate Engineering Business Overview
11.6.3 Frigate Engineering Closed Die Forging Services Introduction
11.6.4 Frigate Engineering Revenue in Closed Die Forging Services Business (2020-2025)
11.6.5 Frigate Engineering Recent Development
11.7 Ferralloy, Inc.
11.7.1 Ferralloy, Inc. Company Details
11.7.2 Ferralloy, Inc. Business Overview
11.7.3 Ferralloy, Inc. Closed Die Forging Services Introduction
11.7.4 Ferralloy, Inc. Revenue in Closed Die Forging Services Business (2020-2025)
11.7.5 Ferralloy, Inc. Recent Development
11.8 Align Manufacturing
11.8.1 Align Manufacturing Company Details
11.8.2 Align Manufacturing Business Overview
11.8.3 Align Manufacturing Closed Die Forging Services Introduction
11.8.4 Align Manufacturing Revenue in Closed Die Forging Services Business (2020-2025)
11.8.5 Align Manufacturing Recent Development
11.9 Forge LT
11.9.1 Forge LT Company Details
11.9.2 Forge LT Business Overview
11.9.3 Forge LT Closed Die Forging Services Introduction
11.9.4 Forge LT Revenue in Closed Die Forging Services Business (2020-2025)
11.9.5 Forge LT Recent Development
11.10 Walker Forge
11.10.1 Walker Forge Company Details
11.10.2 Walker Forge Business Overview
11.10.3 Walker Forge Closed Die Forging Services Introduction
11.10.4 Walker Forge Revenue in Closed Die Forging Services Business (2020-2025)
11.10.5 Walker Forge Recent Development
11.11 Compass & Anvil Sales and Engineering Inc.
11.11.1 Compass & Anvil Sales and Engineering Inc. Company Details
11.11.2 Compass & Anvil Sales and Engineering Inc. Business Overview
11.11.3 Compass & Anvil Sales and Engineering Inc. Closed Die Forging Services Introduction
11.11.4 Compass & Anvil Sales and Engineering Inc. Revenue in Closed Die Forging Services Business (2020-2025)
11.11.5 Compass & Anvil Sales and Engineering Inc. Recent Development
11.12 DEECO Metals
11.12.1 DEECO Metals Company Details
11.12.2 DEECO Metals Business Overview
11.12.3 DEECO Metals Closed Die Forging Services Introduction
11.12.4 DEECO Metals Revenue in Closed Die Forging Services Business (2020-2025)
11.12.5 DEECO Metals Recent Development
11.13 Canton Drop Forge
11.13.1 Canton Drop Forge Company Details
11.13.2 Canton Drop Forge Business Overview
11.13.3 Canton Drop Forge Closed Die Forging Services Introduction
11.13.4 Canton Drop Forge Revenue in Closed Die Forging Services Business (2020-2025)
11.13.5 Canton Drop Forge Recent Development
11.14 Schuler-Pressen
11.14.1 Schuler-Pressen Company Details
11.14.2 Schuler-Pressen Business Overview
11.14.3 Schuler-Pressen Closed Die Forging Services Introduction
11.14.4 Schuler-Pressen Revenue in Closed Die Forging Services Business (2020-2025)
11.14.5 Schuler-Pressen Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 麻豆原创 Size Estimation
13.1.1.3 麻豆原创 Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
Topgrid
Bunty LLC
CFS Forge
E.J. Hadaway
Zetwerk
Frigate Engineering
Ferralloy, Inc.
Align Manufacturing
Forge LT
Walker Forge
Compass & Anvil Sales and Engineering Inc.
DEECO Metals
Canton Drop Forge
Schuler-Pressen
听
听
*If Applicable.
