The Metal Forming Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The historical growth trend in the Metal Forming Global Market Report 2025 market reveals that the market size has been expanding consistently in recent years. The market is projected to increase from $198.27 billion in 2024 to $205.32 billion in 2025, with a compound annual growth rate (CAGR) of 3.6%.
The Metal Forming Global Market is expected to reach $247.6 billion in 2029, with a compound annual growth rate (CAGR) of 4.8%.
Download Your Free Sample of the 2025 Metal Forming Market Report and Uncover Key Trends Now!The key drivers in the metal forming market are:
• Increasing demand due to the rise of electric vehicles (EVs)
• Implementation of sustainable manufacturing practices
• Increasing demand for high-strength materials
• Growth in renewable energy infrastructure projects.
The metal forming market covered in this report is segmented –
1) By Forming Type: Cold Forming, Hot Forming, Warm Forming
2) By Material Type: Steel, Aluminum, Magnesium, Other materials
3) By Technique: Roll Forming, Stretch Forming, Stamping, Deep Drawing, Hydroforming, Other Technologies
4) By Application: Body in White (BIW), Chassis, Closures, Other Applications
5) By End-User: Automotive, Transportation, Industrial Machinery, Construction, Precision Engineering, Other End-users
The key trends in the metal forming market are:
• Industry 4.0 integration is an emerging trend.
• There is a notable shift towards the use of advanced materials and alloys.
• The application of microforming technologies in the metal forming market is on the rise.
• The adoption of digital twin technology, flexible manufacturing, and human-robot collaboration is becoming increasingly popular.
The major players in the metal forming market are:
• Benteler International AG
• Toyota Boshoku Corporation
• Magna International Inc
Asia-Pacific was the largest region in the metal forming market in 2024