Product Code: ETC5376533 | 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 Bosnia and Herzegovina Metal Forging Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 2.07% in 2025, the market peaks at 2.40% in 2027, and settles at 1.86% by 2029.
Bosnia and Herzegovina's Metal Forging market is anticipated to experience a stable growth rate of 2.40% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.
The metal forging market in Bosnia and Herzegovina is expanding due to the demand for strong and reliable metal components in automotive, aerospace, and industrial machinery. Forging involves shaping metal using compressive forces, resulting in components with superior strength and structural integrity. The market growth is supported by advancements in forging technologies and the increasing focus on high-performance materials.
The metal forging market in Bosnia and Herzegovina is driven by the need for high-strength components in the automotive, aerospace, and industrial machinery sectors. Forging processes offer superior mechanical properties and durability, making them essential for high-stress applications. The ongoing industrialization and infrastructure development also support market growth.
The metal forging market faces challenges related to the high cost of forging technologies and raw materials. There is also competition from alternative forging methods and global suppliers. Ensuring precision, quality, and compliance with industry standards while managing production and operational costs is essential for market growth and stability.
The government promotes the metal forging market by supporting advancements in forging technologies and ensuring high industry standards. Policies include providing incentives for technology upgrades, enforcing regulations to maintain safety and quality, and promoting research into efficient and sustainable forging methods.
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 Bosnia and Herzegovina Metal Forging Market Overview |
3.1 Bosnia and Herzegovina Country Macro Economic Indicators |
3.2 Bosnia and Herzegovina Metal Forging Market Revenues & Volume, 2021 & 2031F |
3.3 Bosnia and Herzegovina Metal Forging Market - Industry Life Cycle |
3.4 Bosnia and Herzegovina Metal Forging Market - Porter's Five Forces |
3.5 Bosnia and Herzegovina Metal Forging Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Bosnia and Herzegovina Metal Forging Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Bosnia and Herzegovina Metal Forging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bosnia and Herzegovina Metal Forging Market Trends |
6 Bosnia and Herzegovina Metal Forging Market Segmentations |
6.1 Bosnia and Herzegovina Metal Forging Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Bosnia and Herzegovina Metal Forging Market Revenues & Volume, By Carbon Steel, 2021-2031F |
6.1.3 Bosnia and Herzegovina Metal Forging Market Revenues & Volume, By Alloy steel, 2021-2031F |
6.1.4 Bosnia and Herzegovina Metal Forging Market Revenues & Volume, By Aluminum, 2021-2031F |
6.1.5 Bosnia and Herzegovina Metal Forging Market Revenues & Volume, By Magnesium, 2021-2031F |
6.1.6 Bosnia and Herzegovina Metal Forging Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.1.7 Bosnia and Herzegovina Metal Forging Market Revenues & Volume, By Titanium, 2021-2031F |
6.2 Bosnia and Herzegovina Metal Forging Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Bosnia and Herzegovina Metal Forging Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Bosnia and Herzegovina Metal Forging Market Revenues & Volume, By Aerospace, 2021-2031F |
6.2.4 Bosnia and Herzegovina Metal Forging Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.5 Bosnia and Herzegovina Metal Forging Market Revenues & Volume, By Construction, 2021-2031F |
6.2.6 Bosnia and Herzegovina Metal Forging Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.7 Bosnia and Herzegovina Metal Forging Market Revenues & Volume, By Others, 2021-2031F |
7 Bosnia and Herzegovina Metal Forging Market Import-Export Trade Statistics |
7.1 Bosnia and Herzegovina Metal Forging Market Export to Major Countries |
7.2 Bosnia and Herzegovina Metal Forging Market Imports from Major Countries |
8 Bosnia and Herzegovina Metal Forging Market Key Performance Indicators |
9 Bosnia and Herzegovina Metal Forging Market - Opportunity Assessment |
9.1 Bosnia and Herzegovina Metal Forging Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Bosnia and Herzegovina Metal Forging Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Bosnia and Herzegovina Metal Forging Market - Competitive Landscape |
10.1 Bosnia and Herzegovina Metal Forging Market Revenue Share, By Companies, 2024 |
10.2 Bosnia and Herzegovina Metal Forging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |