Product Code: ETC5376521 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Angola Metal Forging Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 3.03% in 2025 and reaches 6.24% by 2029.
The Metal Forging market in Angola is projected to grow at a stable growth rate of 4.94% by 2027, within the Africa region led by Egypt, along with other countries like South Africa, Ethiopia, Algeria and Nigeria, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The metal forging market in Angola is expanding, driven by its applications in automotive, aerospace, and industrial sectors. Metal forging processes, including hot and cold forging, are essential for producing high-strength and complex-shaped metal components. As Angola invests in infrastructure projects and industrial development, the demand for forged metal products is expected to increase, supported by advancements in forging technologies and the growing demand for durable and reliable components.
The metal forging market in Angola is driven by the demand for high-strength components in various industries, including automotive, aerospace, and construction. The advantages of forging, such as enhanced mechanical properties and material efficiency, support its widespread adoption. Additionally, investments in infrastructure and industrial development contribute to the growth of the metal forging market.
The metal forging market in Angola is constrained by limited local manufacturing infrastructure and the need for high-quality imports, which raise costs and dependency on external suppliers. Additionally, the market faces challenges related to the high energy consumption and environmental regulations associated with forging processes. The lack of skilled labor further hinders market growth and efficiency.
To boost the manufacturing sector, the government is promoting the metal forging market. Policies are centered around providing financial incentives for local production, supporting technological upgrades, and ensuring that products meet international standards to enhance their competitiveness in the global market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Angola Metal Forging Market Overview |
3.1 Angola Country Macro Economic Indicators |
3.2 Angola Metal Forging Market Revenues & Volume, 2021 & 2031F |
3.3 Angola Metal Forging Market - Industry Life Cycle |
3.4 Angola Metal Forging Market - Porter's Five Forces |
3.5 Angola Metal Forging Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Angola Metal Forging Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Angola Metal Forging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Angola Metal Forging Market Trends |
6 Angola Metal Forging Market Segmentations |
6.1 Angola Metal Forging Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Angola Metal Forging Market Revenues & Volume, By Carbon Steel, 2021-2031F |
6.1.3 Angola Metal Forging Market Revenues & Volume, By Alloy steel, 2021-2031F |
6.1.4 Angola Metal Forging Market Revenues & Volume, By Aluminum, 2021-2031F |
6.1.5 Angola Metal Forging Market Revenues & Volume, By Magnesium, 2021-2031F |
6.1.6 Angola Metal Forging Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.1.7 Angola Metal Forging Market Revenues & Volume, By Titanium, 2021-2031F |
6.2 Angola Metal Forging Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Angola Metal Forging Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Angola Metal Forging Market Revenues & Volume, By Aerospace, 2021-2031F |
6.2.4 Angola Metal Forging Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.5 Angola Metal Forging Market Revenues & Volume, By Construction, 2021-2031F |
6.2.6 Angola Metal Forging Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.7 Angola Metal Forging Market Revenues & Volume, By Others, 2021-2031F |
7 Angola Metal Forging Market Import-Export Trade Statistics |
7.1 Angola Metal Forging Market Export to Major Countries |
7.2 Angola Metal Forging Market Imports from Major Countries |
8 Angola Metal Forging Market Key Performance Indicators |
9 Angola Metal Forging Market - Opportunity Assessment |
9.1 Angola Metal Forging Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Angola Metal Forging Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Angola Metal Forging Market - Competitive Landscape |
10.1 Angola Metal Forging Market Revenue Share, By Companies, 2024 |
10.2 Angola Metal Forging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |