Metal Forming Market Size, Industry Share, Forecast, 2031

Global Metal Forming to surpass USD 211.3 billion by 2031 from USD 147.3 billion in 2021 at a CAGR of 3.7% in the coming years, i.e., 2021-31.

Metal forming is the process of deforming metal via plastic deformation to reach the desired geometry & shape. The metal is subjected to a force that is greater than its yielding strength, causing it to undertake plastic deformation without revealing any transient alterations. This force gives the metal a hard, tailored, and desired shape and appearance. There are several types of metal forming processes, including roll forming, stamping, stretched forming, and others. English wheels, louvre presses, plashing hammer, and other equipment are used in metal forming procedures. Metal forming is used in a variety of industries, including automotive, industrial, construction, and aerospace engineering.