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Metal Stamping & Forging in the US - Industry Market Research Report

  • June 2016
  • -
  • Ibisworld
  • -
  • 35 pages

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Forge forward: Declining metal input prices will temporarily cause revenue to decline



Abstract

Metal Stamping & Forging in the US

The recovery of industrial production, especially in aerospace systems, has supported growth in the Metal Stamping and Forging industry. However, the recent drop in the price of steel and aluminum, weakened demand from the energy (e.g. oil and gas) sector and rising import penetration hurt industry performance in the latter half of the five years to 2016. Over the next five years, profitability will be highest among metal stampers and forgers that supply high-technology markets, such as aerospace. As a result, numerous operators are projected to shift their product portfolio toward aerospace forgings and similar products through 2021.

Operators in this industry forge, stamp and rollform ferrous (iron) and nonferrous metal products for use by other industries. Forged metal is compressed in hot or cold temperatures, while stamped metal is placed into a press to make sheets; rollformed metal is bent into shape on a set of rolls. The industry also includes powder metallurgy companies. This industry excludes the stamping of coins, cans and automotive products.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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