Saturday, March 2, 2024

Global Feed Acidulants Market Research Report 2024

What is Global Feed Acidulants Market?

The Global Feed Acidulants Market is a vast and dynamic sector that plays a crucial role in the animal feed industry. Feed acidulants are organic acids used in animal feed to enhance the nutritional value and improve the overall health of the animals. These acidulants are essential for maintaining the pH level in the animals' stomach, which aids in better digestion and absorption of nutrients. The market is driven by the increasing demand for protein-rich animal feed and the growing awareness about animal health among the farmers. The global feed acidulants market is also influenced by the rising trend of organic farming and the increasing use of natural growth promoters in animal feed. The market offers a wide range of products including propionic acid, formic acid, citric acid, lactic acid, sorbic acid, and others.

Feed Acidulants Market

Propionic Acid, Formic Acid, Citric Acid, Lactic Acid, Sorbic Acid, Other in the Global Feed Acidulants Market:

The Global Feed Acidulants Market is segmented based on different types of acids such as Propionic Acid, Formic Acid, Citric Acid, Lactic Acid, Sorbic Acid, and others. Propionic acid is widely used as a preservative in animal feed due to its antimicrobial properties. Formic acid is used to control the growth of harmful bacteria and fungi in the feed. Citric acid is a natural preservative that enhances the flavor of the feed and aids in digestion. Lactic acid is used to improve the nutritional value of the feed and promote the growth of beneficial bacteria in the animal's gut. Sorbic acid is a natural organic compound used as a food preservative. Other types of acids are also used based on the specific requirements of the animal feed.

Pig, Cow, Poultry, Other in the Global Feed Acidulants Market:

The Global Feed Acidulants Market finds its application in various areas such as Pig, Cow, Poultry, and others. In pig farming, feed acidulants are used to improve the gut health of the pigs and enhance their growth performance. In cow farming, these acidulants are used to maintain the rumen pH and prevent the growth of harmful bacteria. In poultry farming, feed acidulants are used to improve the feed efficiency and overall health of the birds. Other areas of application include aquaculture, pet food, and horse feed. The use of feed acidulants in these areas helps in improving the quality of the feed and enhancing the overall productivity of the farm.

Global Feed Acidulants Market Outlook:

Looking at the market outlook, the Global Feed Acidulants Market was valued at a significant US$ 2419 million in 2023. The market is expected to witness a steady growth and is projected to reach a value of US$ 3275.9 million by 2030. This indicates a Compound Annual Growth Rate (CAGR) of 4.0% during the forecast period from 2024 to 2030. The growth of the market can be attributed to the increasing demand for high-quality animal feed and the growing awareness about animal health and nutrition among the farmers. The market is also influenced by the rising trend of organic farming and the increasing use of natural growth promoters in animal feed.


Report Metric Details
Report Name Feed Acidulants Market
Accounted market size in 2023 US$ 2419 million
Forecasted market size in 2030 US$ 3275.9 million
CAGR 4.0%
Base Year 2023
Forecasted years 2024 - 2030
Segment by Type
  • Propionic Acid
  • Formic Acid
  • Citric Acid
  • Lactic Acid
  • Sorbic Acid
  • Other
Segment by Application
  • Pig
  • Cow
  • Poultry
  • Other
Production by Region
  • North America
  • Europe
  • China
  • Japan
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company BASF, Yara International, Kemin Industries, Kemira OYJ, Biomin Holding GmbH, Impextraco, Pancosma, Nutrex, Perstorp Holding, Novus International, Jefo Nutrition, Anpario, Corbion, ADDCON Group, Peterlabs Holding
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends
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Global Non-Thermal Pasteurization Market Research Report 2024

What is Global Non-Thermal Pasteurization Market?

The Global Non-Thermal Pasteurization Market is a rapidly growing sector that focuses on the use of non-thermal pasteurization techniques in various industries. Non-thermal pasteurization is a method of sterilizing food and other products without the use of heat. This process helps to maintain the nutritional value and taste of the product while ensuring its safety. The market encompasses a wide range of technologies and applications, from food and beverage processing to pharmaceuticals and cosmetics. The increasing demand for fresh and high-quality products is driving the growth of this market. Moreover, the rising awareness about the benefits of non-thermal pasteurization over traditional heat pasteurization methods is also contributing to the market expansion.

Non-Thermal Pasteurization Market

HPP, Irradiation, Ultrasonic in the Global Non-Thermal Pasteurization Market:

High Pressure Processing (HPP), Irradiation, and Ultrasonic are some of the key technologies used in the Global Non-Thermal Pasteurization Market. HPP is a cold pasteurization technique that uses high pressure to inactivate pathogens in food. It is widely used in the food industry due to its ability to extend the shelf life of products without affecting their nutritional value. Irradiation, on the other hand, uses ionizing radiation to kill bacteria and other harmful organisms. This method is commonly used in the sterilization of medical and pharmaceutical products. Ultrasonic is a non-thermal pasteurization technique that uses high-frequency sound waves to kill microorganisms. It is gaining popularity in the food and beverage industry due to its efficiency and cost-effectiveness.

Food, Beverages, Pharmaceuticals, Cosmetics in the Global Non-Thermal Pasteurization Market:

The Global Non-Thermal Pasteurization Market finds extensive application in various sectors such as Food, Beverages, Pharmaceuticals, and Cosmetics. In the food industry, non-thermal pasteurization is used to ensure the safety and quality of a wide range of products, from fruits and vegetables to meat and dairy products. The beverage industry uses these techniques to extend the shelf life of juices, beers, and other drinks without compromising their taste or nutritional value. In the pharmaceutical sector, non-thermal pasteurization is used in the sterilization of drugs, thus ensuring their safety and efficacy. The cosmetics industry also benefits from these techniques, as they help to preserve the quality and effectiveness of various beauty and personal care products.

Global Non-Thermal Pasteurization Market Outlook:

Looking at the market outlook, the Global Non-Thermal Pasteurization Market was valued at a significant US$ 1815.8 million in 2023. The market is expected to witness substantial growth, reaching an impressive US$ 5397.6 million by 2030. This indicates a Compound Annual Growth Rate (CAGR) of 16.5% during the forecast period from 2024 to 2030. This growth can be attributed to the increasing demand for non-thermal pasteurization techniques in various industries, coupled with the rising awareness about their benefits over traditional heat pasteurization methods.


Report Metric Details
Report Name Non-Thermal Pasteurization Market
Accounted market size in 2023 US$ 1815.8 million
Forecasted market size in 2030 US$ 5397.6 million
CAGR 16.5%
Base Year 2023
Forecasted years 2024 - 2030
Segment by Type
  • HPP
  • Irradiation
  • Ultrasonic
Segment by Application
  • Food
  • Beverages
  • Pharmaceuticals
  • Cosmetics
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company Hiperbaric Espana, Avure Technologies, BOSCH, Thyssenkrupp, Kobe Steel, Chic Freshertech, Multivac SEPP Haggenmuller, Stansted Fluid Powder, Dukane, Universal Pure
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends
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Global Automotive Wheels Aftermarket Market Research Report 2024

What is Global Automotive Wheels Aftermarket Market?

The Global Automotive Wheels Aftermarket Market is a vast and dynamic sector that encompasses the sale of automotive wheels post the sale of the vehicle by the original equipment manufacturer (OEM). This market includes all the wheels that are sold as replacements or upgrades to the original wheels that came with the vehicle. The aftermarket wheel industry is driven by factors such as the need for replacement due to wear and tear, the desire for aesthetic upgrades, and the demand for performance enhancement. The market is also influenced by trends in the automotive industry, technological advancements in wheel manufacturing, and consumer preferences. The global reach of this market is extensive, with sales and distribution channels spread across various regions, catering to a diverse range of vehicles from passenger cars to commercial vehicles.

Automotive Wheels Aftermarket Market

13-15 Inch, 16-18 Inch, 19-21 Inch, Above 21 Inch in the Global Automotive Wheels Aftermarket Market:

The Global Automotive Wheels Aftermarket Market is segmented based on the size of the wheels, namely 13-15 Inch, 16-18 Inch, 19-21 Inch, and Above 21 Inch. The 13-15 Inch segment caters to compact and sub-compact cars, which are popular in regions with high population density and limited parking space. The 16-18 Inch segment is common for mid-size cars and some light trucks, offering a balance between comfort and performance. The 19-21 Inch and Above 21 Inch segments are typically associated with luxury cars, sports cars, and heavy-duty trucks. These larger wheels are often chosen for their aesthetic appeal and performance capabilities, although they may compromise ride comfort and fuel efficiency. The choice of wheel size depends on various factors such as the type of vehicle, intended use, driving conditions, and personal preferences of the vehicle owner.

Passenger Car, Commercial Vehicle in the Global Automotive Wheels Aftermarket Market:

The usage of the Global Automotive Wheels Aftermarket Market varies between Passenger Cars and Commercial Vehicles. For passenger cars, the aftermarket wheels are often purchased for aesthetic upgrades or performance enhancement. Car owners may choose to replace the original wheels with aftermarket ones that have a different design, finish, or size to improve the vehicle's appearance. Performance-oriented drivers may opt for lighter or larger wheels to enhance handling and acceleration. On the other hand, commercial vehicles often require aftermarket wheels for replacement due to wear and tear. These vehicles are typically subjected to heavy loads and long-distance driving, which can lead to faster degradation of the wheels. Therefore, the demand for aftermarket wheels in this segment is driven by the need for durable and cost-effective solutions.

Global Automotive Wheels Aftermarket Market Outlook:

In 2023, the global Automotive Wheels Aftermarket market had a value of US$ 3932.2 million. It is projected to grow to US$ 4884.3 million by 2030, with a Compound Annual Growth Rate (CAGR) of 3.1% from 2024 to 2030. The majority of the world's automobiles, over 90%, are found in Asia, Europe, and North America. Asia leads the pack, accounting for 56% of global automobile production, followed by Europe with 20%, and North America with 16%. This distribution of automobile production has a significant impact on the demand and supply dynamics of the Automotive Wheels Aftermarket market.


Report Metric Details
Report Name Automotive Wheels Aftermarket Market
Accounted market size in 2023 US$ 3932.2 million
Forecasted market size in 2030 US$ 4884.3 million
CAGR 3.1%
Base Year 2023
Forecasted years 2024 - 2030
Segment by Type
  • 13-15 Inch
  • 16-18 Inch
  • 19-21 Inch
  • Above 21 Inch
Segment by Application
  • Passenger Car
  • Commercial Vehicle
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company Enkei Corporation, The Carlstar Group, Ronal Group, Borbet GmbH, Maxion Wheels, CM Wheels, SSR Wheels, LKQ Corporation, Arconic, Automotive Wheels, BBS Kraftfahrzeugtechnik, Rays Engineering
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends
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Global Port Equipment Market Research Report 2024

What is Global Port Equipment Market?

The Global Port Equipment Market is a vast and dynamic sector that plays a crucial role in the global economy. It encompasses a wide range of machinery and equipment used in ports worldwide for various operations such as loading, unloading, and handling of cargo. This market is driven by the increasing volume of seaborne trade, advancements in technology, and the growing need for efficient and safe port operations. The equipment used in ports includes cranes, shiploaders, container lift trucks, tug boats, mooring systems, and others. These machines are designed to perform specific tasks and are integral to the smooth functioning of ports. The value of the global port equipment market was estimated at US$ 25150 million in 2023.

Port Equipment Market

Mooring Systems, Tug Boats, Cranes, Shiploaders, Container Lift Trucks, Other in the Global Port Equipment Market:

The different types of equipment used in the Global Port Equipment Market include Mooring Systems, Tug Boats, Cranes, Shiploaders, Container Lift Trucks, among others. Mooring systems are used to secure ships to the dock, ensuring their stability during loading and unloading operations. Tug boats are essential for guiding large vessels safely into and out of the port. Cranes are used for lifting and moving heavy loads, while shiploaders are used for loading bulk materials onto ships. Container lift trucks are used for handling and transporting containers within the port. Each of these equipment types plays a vital role in port operations, contributing to the efficiency and safety of the port.

Commercial Port, Industrial Port, Other in the Global Port Equipment Market:

The Global Port Equipment Market finds its application in various areas such as Commercial Ports, Industrial Ports, and others. Commercial ports are primarily involved in the handling of goods and passengers. They require a wide range of port equipment for efficient operations, including cranes for cargo handling, tug boats for vessel maneuvering, and mooring systems for securing ships. Industrial ports, on the other hand, are specialized ports that handle specific types of cargo, such as bulk cargo, liquid cargo, or containerized cargo. They require specialized equipment like shiploaders for bulk cargo and container lift trucks for containerized cargo. Other applications of port equipment include maintenance and repair operations, salvage operations, and port construction projects.

Global Port Equipment Market Outlook:

Looking at the market outlook, the Global Port Equipment Market was valued at US$ 25150 million in 2023. It is expected to grow and reach a value of US$ 31010 million by 2030. This growth represents a Compound Annual Growth Rate (CAGR) of 2.6% during the forecast period from 2024 to 2030. This growth can be attributed to the increasing global trade, advancements in technology, and the growing need for efficient and safe port operations. The market is expected to witness significant growth in the coming years, driven by the increasing demand for port equipment in both commercial and industrial ports.


Report Metric Details
Report Name Port Equipment Market
Accounted market size in 2023 US$ 25150 million
Forecasted market size in 2030 US$ 31010 million
CAGR 2.6%
Base Year 2023
Forecasted years 2024 - 2030
Segment by Type
  • Mooring Systems
  • Tug Boats
  • Cranes
  • Shiploaders
  • Container Lift Trucks
  • Other
Segment by Application
  • Commercial Port
  • Industrial Port
  • Other
Production by Region
  • North America
  • Europe
  • China
  • Japan
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Liebherr (Switzerland), TTS (Norway), Kalmar (Finland), Konecranes (Finland), Sany (China), Shanghai Zhenhua Heavy Industries (ZPMC) (China), Hyster (US), Lonking (China), CVS Ferrari (Italy), Anhui Heli (China), Famur Famak (Poland)
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends
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Global High Pressure Plunger Pumps Market Research Report 2024

What is Global High Pressure Plunger Pumps Market?

The Global High Pressure Plunger Pumps Market is a vast and dynamic sector that encompasses a wide range of products and services. These pumps are used in various industries to handle high-pressure applications. The market is characterized by the presence of several key players who offer a variety of high pressure plunger pumps. In 2023, the market was valued at US$ 1138.4 million and it is projected to reach US$ 1433.8 million by 2030. This indicates a Compound Annual Growth Rate (CAGR) of 3.4% during the forecast period from 2024 to 2030. The growth of the market is driven by several factors such as the increasing demand for high pressure plunger pumps in various industries, technological advancements, and the growing need for energy-efficient pumps. However, the market also faces several challenges such as high initial investment and maintenance costs, and the need for regular maintenance. Despite these challenges, the market is expected to witness significant growth in the coming years due to the increasing demand for high pressure plunger pumps in emerging economies and the development of new and innovative products by key market players.

High Pressure Plunger Pumps Market

Alloy Steel, Austenitic Stainless Steel, Dual Phase Steel, Other in the Global High Pressure Plunger Pumps Market:

The Global High Pressure Plunger Pumps Market is segmented based on the type of material used in the pumps. These materials include Alloy Steel, Austenitic Stainless Steel, Dual Phase Steel, and others. Alloy Steel is a type of steel that is alloyed with various elements in total amounts between 1.0% and 50% by weight to enhance its mechanical properties. Austenitic Stainless Steel is a type of stainless steel that contains about 18% to 20% chromium and 8% to 10% nickel. Dual Phase Steel is a type of steel with a microstructure of about 50% ferrite and 50% martensite, which gives it a combination of good strength and ductility. Other materials used in high pressure plunger pumps include bronze, cast iron, and plastic. The choice of material depends on the specific requirements of the application, such as the pressure and temperature conditions, the type of fluid being pumped, and the required durability and corrosion resistance.

Water Affairs, Energy & Chemical, Construction, Other in the Global High Pressure Plunger Pumps Market:

High Pressure Plunger Pumps are used in a variety of applications in different sectors. In the Water Affairs sector, these pumps are used for water treatment, desalination, and irrigation. In the Energy & Chemical sector, they are used for oil and gas extraction, chemical processing, and power generation. In the Construction sector, high pressure plunger pumps are used for concrete pumping, hydrodemolition, and cleaning of construction equipment. Other applications of high pressure plunger pumps include mining, manufacturing, and food processing. The use of these pumps in these sectors is driven by their ability to handle high pressure applications, their reliability, and their energy efficiency.

Global High Pressure Plunger Pumps Market Outlook:

Looking at the market outlook for the Global High Pressure Plunger Pumps Market, it is clear that the sector has experienced significant growth in recent years. In 2023, the market was valued at US$ 1138.4 million. However, it is projected to grow to a value of US$ 1433.8 million by 2030. This represents a Compound Annual Growth Rate (CAGR) of 3.4% during the forecast period from 2024 to 2030. This growth is driven by a variety of factors, including the increasing demand for high pressure plunger pumps in various industries, technological advancements in the sector, and the growing need for energy-efficient pumps. Despite facing challenges such as high initial investment and maintenance costs, the market is expected to continue its upward trajectory in the coming years.


Report Metric Details
Report Name High Pressure Plunger Pumps Market
Accounted market size in 2023 US$ 1138.4 million
Forecasted market size in 2030 US$ 1433.8 million
CAGR 3.4%
Base Year 2023
Forecasted years 2024 - 2030
Segment by Type
  • Alloy Steel
  • Austenitic Stainless Steel
  • Dual Phase Steel
  • Other
Segment by Application
  • Water Affairs
  • Energy & Chemical
  • Construction
  • Other
Production by Region
  • North America
  • Europe
  • China
  • Japan
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Interpump Group, KAMAT, Flowserve, Grundfos, Danfoss, URACA, GEA, Andritz, Sulzer, Comet, WAGNER, LEWA, HAWK, Speck, BARTHOD POMPES, Cat Pumps, Thompson Pump
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends
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Global High Pressure Piston Pumps Market Research Report 2024

What is Global High Pressure Piston Pumps Market?

The Global High Pressure Piston Pumps Market is a vast and dynamic sector that encompasses a wide range of products and services. These pumps are designed to handle high pressure applications, making them ideal for various industries. The market's value was estimated at US$ 2809.3 million in 2023, and it is projected to grow to US$ 3518.6 million by 2030, reflecting a compound annual growth rate (CAGR) of 3.2% during the forecast period from 2024 to 2030. The market is dominated by the top five manufacturers, who collectively hold over 30% of the market share.

High Pressure Piston Pumps Market

Alloy Steel, Austenitic Stainless Steel, Dual Phase Steel, Other in the Global High Pressure Piston Pumps Market:

The Global High Pressure Piston Pumps Market is segmented based on the type of material used in the pumps, including Alloy Steel, Austenitic Stainless Steel, Dual Phase Steel, among others. Each material offers unique properties that make it suitable for specific applications. Alloy Steel, for instance, is known for its strength and durability, making it ideal for heavy-duty applications. Austenitic Stainless Steel, on the other hand, is resistant to corrosion and can withstand high temperatures, making it suitable for use in harsh environments. Dual Phase Steel combines the advantages of both materials, offering both strength and corrosion resistance. Other materials are also used based on specific requirements.

Water Affairs, Energy & Chemical, Construction, Other in the Global High Pressure Piston Pumps Market:

The Global High Pressure Piston Pumps Market finds its applications in various sectors including Water Affairs, Energy & Chemical, Construction, among others. In Water Affairs, these pumps are used for water treatment and distribution. In the Energy & Chemical sector, they are used in oil and gas extraction and chemical processing. In Construction, they are used in concrete pumping and other heavy-duty applications. Other sectors also utilize these pumps based on their specific needs.

Global High Pressure Piston Pumps Market Outlook:

Looking at the market outlook, the Global High Pressure Piston Pumps Market is set for steady growth in the coming years. In 2023, the market was valued at US$ 2809.3 million. It is expected to reach a value of US$ 3518.6 million by 2030, growing at a CAGR of 3.2% during the forecast period from 2024 to 2030. The market is largely dominated by the top five manufacturers, who collectively hold over 30% of the market share. This indicates a high level of competition in the market, with manufacturers constantly striving to innovate and improve their products to gain a competitive edge.


Report Metric Details
Report Name High Pressure Piston Pumps Market
Accounted market size in 2023 US$ 2809.3 million
Forecasted market size in 2030 US$ 3518.6 million
CAGR 3.2%
Base Year 2023
Forecasted years 2024 - 2030
Segment by Type
  • Alloy Steel
  • Austenitic Stainless Steel
  • Dual Phase Steel
  • Other
Segment by Application
  • Water Affairs
  • Energy & Chemical
  • Construction
  • Other
Production by Region
  • North America
  • Europe
  • China
  • Japan
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Interpump Group, Flowserve, Grundfos, Danfoss, URACA, GEA, Andritz, Sulzer, Comet, WAGNER, LEWA, HAWK, Speck, BARTHOD POMPES, Cat Pumps, Thompson Pump
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends
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Global Hydraulic Forging Press Market Research Report 2024

What is Global Hydraulic Forging Press Market?

The Global Hydraulic Forging Press Market is a vast and dynamic sector that plays a crucial role in various industries worldwide. It refers to the global market of hydraulic forging presses, which are machines used to shape metal using localized compressive forces. The hydraulic forging press market is a significant part of the larger metalworking industry, and it has a substantial impact on sectors such as automotive, aerospace, and construction. These machines are highly valued for their ability to produce complex shapes with high precision and quality. The market's value was estimated at US$ 2192.3 million in 2023, and it's expected to grow significantly in the coming years.

Hydraulic Forging Press Market

Closed Die Forging, Open Die Forging, Extrusion Presses, Other in the Global Hydraulic Forging Press Market:

The Global Hydraulic Forging Press Market is segmented into various types based on the forging process they are used for. These include Closed Die Forging, Open Die Forging, Extrusion Presses, and others. Closed Die Forging, also known as impression-die forging, involves metal being placed in a die resembling a mold, which is attached to the anvil. Open Die Forging, on the other hand, involves the shaping of metal between multiple dies that do not enclose the metal entirely. Extrusion Presses are used to create objects of a fixed cross-sectional profile by pushing material through a die of the desired cross-section. Each of these types has its unique applications and advantages, contributing to the diversity and versatility of the Hydraulic Forging Press Market.

Automotive, Hardware Tools, Engineering Machinery, Others in the Global Hydraulic Forging Press Market:

The Global Hydraulic Forging Press Market finds its applications in various sectors such as Automotive, Hardware Tools, Engineering Machinery, and others. In the automotive industry, hydraulic forging presses are used to manufacture parts with high strength and durability. They are also used in the production of hardware tools for their ability to produce complex shapes with high precision. In the field of engineering machinery, these presses are used to forge parts that require high structural integrity. The versatility of hydraulic forging presses makes them an indispensable tool in these industries, driving the growth of the Global Hydraulic Forging Press Market.

Global Hydraulic Forging Press Market Outlook:

Looking at the market outlook, the Global Hydraulic Forging Press Market is on a promising growth trajectory. In 2023, the market was valued at a substantial US$ 2192.3 million. The market is projected to grow at a steady pace, with an expected value of US$ 3172.4 million by 2030. This represents a Compound Annual Growth Rate (CAGR) of 5.5% during the forecast period from 2024 to 2030. This growth can be attributed to the increasing demand for hydraulic forging presses in various industries, including automotive, aerospace, and construction.


Report Metric Details
Report Name Hydraulic Forging Press Market
Accounted market size in 2023 US$ 2192.3 million
Forecasted market size in 2030 US$ 3172.4 million
CAGR 5.5%
Base Year 2023
Forecasted years 2024 - 2030
Segment by Type
  • Closed Die Forging
  • Open Die Forging
  • Extrusion Presses
  • Other
Segment by Application
  • Automotive
  • Hardware Tools
  • Engineering Machinery
  • Others
Production by Region
  • North America
  • Europe
  • China
  • Japan
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company SMS, Komatsu, Sumitomo, TMP, Schuler, Ajax, Aida, Kurimoto, Fagor Arrasate, Mitsubishi, Lasco, Ficep, First Heavy, Stamtec, Erie, Beckwood, Erzhong, J&H, Mecolpress
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends
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Non-surgical Medical Aesthetics Services - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

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