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India Metal Forging Market Size, Share & Industry Analysis, By Material (Carbon Steel, Alloy Steel, Stainless Steel, and Others (Titanium, Aluminum Alloys, and Nickel)), By Technique (Close Die Forging, Open Die Forging, and Ring Forging), By Installation Capacity (Small (100 MT to 12,500 MT), Medium (12,500 to 30,000 MT), and Heavy (Above 30,000 MT)), By End User {(Automotive, Aerospace and Defense, Railway, Industrial Machinery, Marine, and Others (Agriculture, Power, Mining, and Construction)}, and Country Forecast, 2023-2030

Last Updated: November 17, 2025 | Format: PDF | Report ID: FBI106788

 


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ATTRIBUTE

DETAILS

Study Period

2019-2030

Base Year

2022

Estimated Year 

2023

Forecast Period

2023-2030

Historical Period

2019-2021

Growth Rate

CAGR of 9.8% from 2023 to 2030

Unit

Value (USD Billion)

Segmentation

By Material

  • Carbon Steel
  • Alloy Steel
  • Stainless Steel
  • Others (Titanium, Aluminum Alloys, and Nickel)

By Technique

  • Close Die Forging
  • Open Die Forging
  • Ring Forging

By Installation Capacity

  • Small (100 MT to 12,500 MT)
  • Medium (12,500 to 30,000 MT)
  • Heavy (Above 30,000 MT)

By End-User

  • Automotive
  • Aerospace and Defense
  • Railway
  • Industrial Machinery
  • Marine
  • Others (Agriculture, Power, Mining, and Construction)
  • 2019-2030
  • 2022
  • 2019-2021
  • 162
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Clients
3M
BASF
LG Chem
Mobil
Petronas
Samsung
Schlumberger
AGC Inc.
Denka
Heinz-Glas GmbH
Lotte Holdings
Mitsui Chemicals
National Institute of Green Technology
Ricoh Company
SK Group
Solvay
Toray
Sony Semiconductor Solutions Corporation