Asia Pacific Metal Forging market to grow at 6.63% CAGR from 2025–2030, driven by large-scale manufacturing, automotive exports, and infrastructure growth.

Featured Companies
  • 1 . Bharat Forge Limited
  • 2 . ATI Inc.
  • 3 . Larsen & Toubro Limited
  • 4 . China First Heavy Industries
  • 5 . Jiangyin Hengrun Heavy Industries Co., Ltd.
  • 6 . Hilton Metal Forging Ltd.
  • More...

Metal Forging Market Analysis

The Asia-Pacific metal forging market has developed into the most dynamic industrial hub in the world, driven by enormous manufacturing capacity, technological upgrades, and government-led industrial expansion across China, India, Japan, and South Korea. Metal forging where metals are shaped through compressive forces to enhance strength and durability serves as the backbone of the region’s automotive, energy, and construction industries. The process has evolved from manual hammer forging to massive automated press systems capable of producing precision components for aircraft, wind turbines, and high-speed trains. Japan’s Komatsu Ltd. has pioneered servo-press technology that integrates digital controls and heat sensors to regulate forging pressure and temperature, enabling accuracy and repeatability. Chinese firms like China National Erzhong Group have installed some of the world’s largest hydraulic presses exceeding 80,000 tons, allowing the production of massive turbine shafts and aerospace-grade forgings. In India, Bharat Forge Limited has become a global leader in open and closed-die forgings, operating robotic assembly lines and predictive maintenance systems to reduce downtime. Energy consumption has historically been a challenge in hot forging, leading to increased adoption of induction heating and waste-heat recovery systems across South Korea’s industrial belt. The region’s emphasis on cleaner production is evident in Japan’s Daido Steel implementing low-emission furnaces and scrap recycling loops to minimize waste. Governments are reinforcing sustainability goals through policies like China’s “Made in China 2025,” India’s “Make in India,” and South Korea’s “Green Growth Strategy,” encouraging digital transformation and compliance with ISO energy and safety standards.

Research institutions such as the National Institute for Materials Science in Japan are collaborating with private industries to advance 3D forging simulation and hybrid additive-forming methods. According to the research report, "Asia-Pacific Metal Forging Market Research Report, 2030," published by Actual Market Research, the Asia-Pacific Metal Forging market is anticipated to grow at more than 6.63% CAGR from 2025 to 2030.China’s massive industrial infrastructure sustains a constant demand for forged steel in sectors like shipbuilding, heavy machinery, and automotive manufacturing, with companies such as China First Heavy Industries and CITIC Heavy Industries dominating large-scale forging production. In India, companies like Ramakrishna Forgings and Aichi Steel India are strengthening the automotive supply base with precision crankshafts and axle beams, while Bharat Forge continues to expand its export footprint across Europe and North America. Japan maintains its leadership in high-value forging for aerospace and energy, with Kobe Steel supplying aircraft components to Boeing and Mitsubishi Heavy Industries producing forged rotor shafts for nuclear and thermal plants. South Korea’s Doosan Heavy Industries uses advanced robotic systems and simulation-based quality assurance to deliver heavy forgings for power generation and offshore drilling. Collaboration between industrial SMEs and R&D organizations, such as those in Taiwan’s Metal Industries Research and Development Centre, fosters continuous innovation and workforce skill improvement. The region faces a shortage of skilled metallurgists and die designers, prompting training initiatives in countries like India under the Skill India Mission and Japan’s Monozukuri programs. Energy-efficient furnaces, eco-friendly lubricants, and circular scrap recycling are being implemented widely, aligning with environmental mandates from national energy ministries. Logistics networks, including port facilities in Singapore and South Korea, facilitate the movement of forged components across international markets, ensuring regional supply resilience. Strategic alliances, such as joint ventures between Indian and Japanese forging firms, have enhanced production capability and technology transfer..

Market Dynamic



Market Drivers

Rapid Industrialization and Infrastructure Growth:The APAC forging market is primarily driven by rapid industrialization and massive infrastructure development in countries such as China, India, Indonesia, and Vietnam. Expanding construction, railways, and energy projects demand forged steel components like shafts, beams, and fasteners. Governments’ large-scale investments in public works and manufacturing zones strengthen domestic metal forging demand. Additionally, APAC’s cost advantages abundant raw materials and affordable labor make it a global hub for both high-volume and custom-forged products.

Expanding Automotive and Heavy Machinery Industries:Asia–Pacific is the largest automotive manufacturing region globally, with major players in Japan, South Korea, China, and India. The demand for forged parts like crankshafts, connecting rods, and gears is soaring due to rising vehicle production and export. Heavy machinery used in agriculture, mining, and construction also drives forging demand. Furthermore, as regional economies grow, local supply chains increasingly rely on domestic forging industries to ensure quality control and reduce import dependency.

Market Challenges

Environmental Regulations and Energy Consumption:While APAC benefits from industrial scale, it faces growing environmental challenges. Forging operations consume vast energy and emit CO₂, drawing scrutiny from governments promoting sustainability. Countries like China and Japan have introduced stricter emission norms and efficiency mandates. Meeting these standards often requires investment in cleaner furnaces and automation, increasing operational costs. Balancing industrial growth with environmental compliance remains a persistent challenge for the region’s forging manufacturers.

Quality Control and Technological Gaps:Although APAC dominates global forging production, not all countries match the technological precision of Western counterparts. Many small and mid-sized forgers still rely on outdated equipment and manual processes, leading to inconsistent quality. This gap limits competitiveness in high-end sectors like aerospace and defense. While nations such as Japan and South Korea lead in advanced forging, emerging economies must modernize through automation, training, and technology partnerships to compete globally.

Market Trends

Shift Toward Advanced and Precision Forging Technologies:To meet international standards, many APAC manufacturers are adopting CNC-controlled presses, robotic automation, and closed-die precision forging. These technologies improve efficiency, product consistency, and reduce waste. Japan, China, and South Korea are investing heavily in digital forging and simulation systems for aerospace and automotive applications. The region’s focus on upgrading manufacturing capabilities marks a shift from low-cost production to high-tech, value-added forging solutions.

Rise of Electric Vehicles (EVs) and Lightweight Materials:The growth of the EV market across Asia is reshaping forging trends. Manufacturers are increasingly using aluminum and magnesium alloys to reduce vehicle weight and improve battery efficiency. Governments in China, Japan, and India promote EV adoption through incentives and regulations, driving innovation in forged components. This shift toward lightweight and energy-efficient materials is transforming APAC’s forging landscape from traditional heavy steel to modern, sustainable alloys.

Metal ForgingSegmentation

Asia-Pacific



Titanium is the fastest growing material in the Asia-Pacific metal forging market because its exceptional strength-to-weight ratio and corrosion resistance are vital for the region’s booming aerospace, marine, and energy sectors that demand advanced materials for performance and efficiency.

Asia-Pacific’s rapid industrialization and technological advancement have positioned titanium as a cornerstone material in the region’s high-performance forging industry. Countries such as China, Japan, and India are expanding titanium forging capacities to meet growing demand from aerospace, defense, and marine engineering. China’s Baoti Group and Western Superconducting Technologies have established large titanium forging facilities supplying turbine blades, aircraft parts, and deep-sea components, showcasing the country’s move toward high-value manufacturing. In Japan, Kobe Steel and Daido Steel produce precision titanium forgings for aircraft engine casings and structural elements used by Mitsubishi Heavy Industries and Kawasaki Aerospace. India’s Bharat Forge has also diversified into titanium forging for aerospace and energy components under its advanced materials division. Titanium’s corrosion resistance is particularly important in the region’s naval shipbuilding and offshore energy sectors, as forged titanium parts withstand seawater environments better than steel or aluminum. Its use in medical implants and power generation components is increasing as well, driven by healthcare growth and nuclear energy expansion. Asia-Pacific manufacturers are adopting advanced isothermal and near-net-shape forging techniques to overcome titanium’s forming challenges while reducing material waste. Government programs such as China’s “Made in China 2025” and Japan’s industrial innovation policies are funding R&D in lightweight alloys and forging automation. The integration of hybrid additive manufacturing and digital temperature control systems in regional forging plants has further enhanced process precision. As industries seek sustainable, high-performance solutions, titanium’s mechanical superiority and durability are making it the most dynamic and strategically significant material across Asia-Pacific’s forging ecosystem.

Automotive and transportation are the fastest growing applications in the Asia-Pacific metal forging market because the region’s massive vehicle production and infrastructure development demand high-strength forged components that ensure safety, durability, and efficiency.

Asia-Pacific is the world’s largest automotive manufacturing region, and its metal forging industry plays a crucial role in supplying precision components for cars, trucks, railways, and commercial vehicles. Nations like China, India, Japan, and South Korea anchor the regional automotive ecosystem, with global automakers such as Toyota, Hyundai, and Tata Motors relying on forged parts for engines, transmissions, and suspension systems. Forging provides unmatched strength and fatigue resistance, which are essential for axle beams, crankshafts, connecting rods, and wheel hubs used in high-performance and heavy-duty vehicles. The region’s growth in electric vehicles has also accelerated demand for lightweight forged aluminum and titanium parts that improve energy efficiency and extend battery range. Automotive forging giants such as Bharat Forge (India), Nippon Steel & Sumitomo Metal (Japan), and Wanxiang Qianchao (China) are leading process innovation with fully automated press systems, robotic handling, and real-time quality monitoring. Asia-Pacific’s extensive railway expansion—particularly in China’s high-speed rail projects and India’s freight corridors—relies on forged couplings, axles, and bogie frames that provide durability under dynamic loads. Digital manufacturing integration is reshaping forging plants across the region, with predictive maintenance and 3D simulation ensuring consistent quality and faster throughput. Regional governments actively support the industry India’s Automotive Mission Plan and China’s industrial modernization strategies incentivize local forging operations to adopt clean energy and green production. In response, manufacturers are upgrading furnaces and lubricant systems to align with emission-reduction goals. The synergy between massive automotive output, rapid infrastructure growth, and technology-driven production has made automotive and transportation the most dynamic and essential segment of the Asia-Pacific forging market.

Closed die forging is the leading process in the Asia-Pacific metal forging market because it enables high-precision, large-volume production of complex parts required by the region’s automotive, aerospace, and heavy equipment industries.

Asia-Pacific’s manufacturing dominance is underpinned by extensive closed die forging capabilities that deliver precise and repeatable metal components across diverse industrial sectors. The process, which shapes heated metal within pre-designed dies, is ideal for mass-producing high-strength components with minimal machining, making it the preferred choice for automotive and aerospace manufacturing hubs in China, Japan, India, and South Korea. Companies such as China National Erzhong Group, Bharat Forge, and Sumitomo Heavy Industries operate some of the largest closed die presses globally, supplying crankshafts, connecting rods, and turbine components to OEMs like Toyota, Honda, and Mitsubishi. Closed die forging’s efficiency and superior grain flow provide the strength and fatigue resistance necessary for critical parts in vehicles, aircraft, and heavy machinery. The region’s continuous innovation in die design, CNC simulation, and heat-treatment technology has further elevated process reliability and throughput. Automation plays a key role robotic billet handling, real-time temperature sensor, and servo-driven presses reduce cycle times while improving dimensional accuracy. With growing environmental awareness, manufacturers are investing in cleaner heating systems and lubricant recycling, lowering operational emissions. Aerospace growth across China and Japan has also boosted demand for precision closed die forging of titanium and nickel-alloy parts for engine and landing gear applications. Government-backed industrial clusters, such as India’s Forging Industry Association network and China’s heavy manufacturing zones in Sichuan and Shandong, promote skill development and R&D partnerships to enhance forging quality. Closed die forging’s combination of scale, precision, and adaptability perfectly suits Asia-Pacific’s high-output, high-performance manufacturing landscape, ensuring its position as the region’s most dominant and technologically advanced forging process.

Metal Forging Market Regional Insights


China leads the Asia-Pacific metal forging market due to its unmatched industrial scale, vertically integrated production chains, and government-driven expansion of manufacturing infrastructure.

China’s dominance is rooted in its ability to link upstream steel and alloy production directly with downstream industries such as automotive, shipbuilding, energy, and railways, creating a seamless ecosystem where forgings are produced and consumed domestically. The country houses numerous heavy forging plants equipped with some of the world’s largest hydraulic presses, capable of producing ultra-large turbine shafts and aircraft landing gear. State-owned enterprises in the heavy machinery and power sectors maintain a constant demand for high-strength forged parts, while private companies produce massive volumes of medium and small forgings for automobiles and construction machinery. China’s vehicle production, the world’s highest by volume, ensures continuous consumption of forged engine, drivetrain, and suspension components. The nation’s infrastructure development projects highways, bridges, ports, and high-speed rail generate additional demand for forged beams, flanges, and couplings. The government’s strategic focus on industrial upgrading under its “Made in China” initiatives encourages technological modernization, digital quality control, and energy efficiency improvements within the forging sector. Furthermore, the country’s comprehensive supply of steel and aluminum, supported by domestic mining and smelting, minimizes dependence on imports.

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Companies Mentioned

  • 1 . Bharat Forge Limited
  • 2 . ATI Inc.
  • 3 . Larsen & Toubro Limited
  • 4 . China First Heavy Industries
  • 5 . Jiangyin Hengrun Heavy Industries Co., Ltd.
  • 6 . Hilton Metal Forging Ltd.
  • 7 . JFE Holdings, Inc
  • 8 . Cie Automotive S.A.
Company mentioned

Table of Contents

  • Table 1: Global Metal Forging Market Snapshot, By Segmentation (2024 & 2030) (in USD Billion)
  • Table 2: Influencing Factors for Metal Forging Market, 2024
  • Table 3: Top 10 Counties Economic Snapshot 2022
  • Table 4: Economic Snapshot of Other Prominent Countries 2022
  • Table 5: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
  • Table 6: Asia-Pacific Metal Forging Market Size and Forecast, Material Type (2019 to 2030F) (In USD Billion)
  • Table 7: Asia-Pacific Metal Forging Market Size and Forecast, Process Type (2019 to 2030F) (In USD Billion)
  • Table 8: Asia-Pacific Metal Forging Market Size and Forecast, By Application (2019 to 2030F) (In USD Billion)
  • Table 9: China Metal Forging Market Size and Forecast Material Type (2019 to 2030F) (In USD Billion)
  • Table 10: China Metal Forging Market Size and Forecast Process Type (2019 to 2030F) (In USD Billion)
  • Table 11: China Metal Forging Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
  • Table 12: Japan Metal Forging Market Size and Forecast Material Type (2019 to 2030F) (In USD Billion)
  • Table 13: Japan Metal Forging Market Size and Forecast Process Type (2019 to 2030F) (In USD Billion)
  • Table 14: Japan Metal Forging Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
  • Table 15: India Metal Forging Market Size and Forecast Material Type (2019 to 2030F) (In USD Billion)
  • Table 16: India Metal Forging Market Size and Forecast Process Type (2019 to 2030F) (In USD Billion)
  • Table 17: India Metal Forging Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
  • Table 18: Australia Metal Forging Market Size and Forecast Material Type (2019 to 2030F) (In USD Billion)
  • Table 19: Australia Metal Forging Market Size and Forecast Process Type (2019 to 2030F) (In USD Billion)
  • Table 20: Australia Metal Forging Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
  • Table 21: South Korea Metal Forging Market Size and Forecast Material Type (2019 to 2030F) (In USD Billion)
  • Table 22: South Korea Metal Forging Market Size and Forecast Process Type (2019 to 2030F) (In USD Billion)
  • Table 23: South Korea Metal Forging Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
  • Table 24: Competitive Dashboard of top 5 players, 2024

  • Figure 1: Global Metal Forging Market Size (USD Billion) By Region, 2024 & 2030
  • Figure 2: Market attractiveness Index, By Region 2030
  • Figure 3: Market attractiveness Index, By Segment 2030
  • Figure 4: Asia Pacific Metal Forging Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
  • Figure 5: Asia Pacific Metal Forging Market Share By Country (2024)
  • Figure 6: China Metal Forging Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
  • Figure 7: Japan Metal Forging Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
  • Figure 8: India Metal Forging Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
  • Figure 9: Australia Metal Forging Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
  • Figure 10: Saudi Arabia Metal Forging Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
  • Figure 11: Porter's Five Forces of Global Metal Forging Market

Metal Forging Market Research FAQs

Rapid industrialization, infrastructure expansion, and booming automotive production fuel market growth.
China dominates due to its massive manufacturing base and cost-effective production capabilities.
Automotive, aerospace, energy, and construction sectors are major consumers of forged components.
Steel and copper alloys are widely used for their strength and machinability.
Environmental regulations, high energy consumption, and volatile raw material prices pose challenges.

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