| Product Code: ETC6346977 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Belgium`s aluminum forging import market continued to show steady growth with a healthy Compound Annual Growth Rate (CAGR) of 8.95% from 2020 to 2024. Despite a slight decline in growth rate from 2023 to 2024 at -5.86%, the market remained resilient. The top exporting countries to Belgium in 2024 were Netherlands, China, Germany, Italy, and Switzerland, indicating a diverse import source base. With a low concentration level measured by the Herfindahl-Hirschman Index (HHI), the market appears to offer opportunities for various suppliers to contribute to Belgium`s aluminum forging industry.

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 Belgium Aluminum Forging Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Aluminum Forging Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Aluminum Forging Market - Industry Life Cycle |
3.4 Belgium Aluminum Forging Market - Porter's Five Forces |
3.5 Belgium Aluminum Forging Market Revenues & Volume Share, By Forging Type, 2021 & 2031F |
3.6 Belgium Aluminum Forging Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Belgium Aluminum Forging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and high-strength components in industries such as automotive, aerospace, and defense. |
4.2.2 Increasing focus on sustainable manufacturing practices and the use of recyclable materials. |
4.2.3 Technological advancements in aluminum forging processes leading to improved efficiency and quality. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs. |
4.3.2 Intense competition from alternative materials like steel and composites. |
4.3.3 Economic uncertainties affecting investment decisions in aluminum forging. |
5 Belgium Aluminum Forging Market Trends |
6 Belgium Aluminum Forging Market, By Types |
6.1 Belgium Aluminum Forging Market, By Forging Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Aluminum Forging Market Revenues & Volume, By Forging Type, 2021- 2031F |
6.1.3 Belgium Aluminum Forging Market Revenues & Volume, By Open Die Forging, 2021- 2031F |
6.1.4 Belgium Aluminum Forging Market Revenues & Volume, By Close Die Forging, 2021- 2031F |
6.1.5 Belgium Aluminum Forging Market Revenues & Volume, By ARing Rolled Forging, 2021- 2031F |
6.2 Belgium Aluminum Forging Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Belgium Aluminum Forging Market Revenues & Volume, By Aerospace and Defense, 2021- 2031F |
6.2.3 Belgium Aluminum Forging Market Revenues & Volume, By Automotive and Transportation, 2021- 2031F |
6.2.4 Belgium Aluminum Forging Market Revenues & Volume, By Industrial Machinery, 2021- 2031F |
6.2.5 Belgium Aluminum Forging Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.6 Belgium Aluminum Forging Market Revenues & Volume, By Other End-User Industries, 2021- 2031F |
7 Belgium Aluminum Forging Market Import-Export Trade Statistics |
7.1 Belgium Aluminum Forging Market Export to Major Countries |
7.2 Belgium Aluminum Forging Market Imports from Major Countries |
8 Belgium Aluminum Forging Market Key Performance Indicators |
8.1 Energy efficiency metrics in aluminum forging processes. |
8.2 Percentage of recycled aluminum used in forging operations. |
8.3 Adoption rate of advanced forging technologies. |
8.4 Rate of new product development and innovation in aluminum forging. |
9 Belgium Aluminum Forging Market - Opportunity Assessment |
9.1 Belgium Aluminum Forging Market Opportunity Assessment, By Forging Type, 2021 & 2031F |
9.2 Belgium Aluminum Forging Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Belgium Aluminum Forging Market - Competitive Landscape |
10.1 Belgium Aluminum Forging Market Revenue Share, By Companies, 2024 |
10.2 Belgium Aluminum Forging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |