Product Code: ETC5376605 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The Niger Metal Forging Market could see a tapering of growth rates over 2025 to 2029. Although the growth rate starts strong at 13.25% in 2025, it steadily loses momentum, ending at 12.20% by 2029.
The Metal Forging market in Niger is projected to grow at a high growth rate of 13.00% by 2027, highlighting the country's increasing focus on advanced technologies within the Africa region, where Egypt holds the dominant position, followed closely by South Africa, Ethiopia, Algeria and Nigeria, shaping overall regional demand.
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 Niger Metal Forging Market Overview |
3.1 Niger Country Macro Economic Indicators |
3.2 Niger Metal Forging Market Revenues & Volume, 2021 & 2031F |
3.3 Niger Metal Forging Market - Industry Life Cycle |
3.4 Niger Metal Forging Market - Porter's Five Forces |
3.5 Niger Metal Forging Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Niger Metal Forging Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Niger Metal Forging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-strength components in industries like automotive, aerospace, and construction. |
4.2.2 Growing investments in infrastructure projects in Nigeria leading to higher demand for metal forged products. |
4.2.3 Advancements in technology and automation improving the efficiency and quality of metal forging processes in Nigeria. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of production for metal forging companies in Nigeria. |
4.3.2 Lack of skilled labor and expertise in metal forging techniques hindering the growth of the market. |
4.3.3 Environmental regulations and sustainability concerns influencing the choice of materials and processes in metal forging industry in Nigeria. |
5 Niger Metal Forging Market Trends |
6 Niger Metal Forging Market Segmentations |
6.1 Niger Metal Forging Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Niger Metal Forging Market Revenues & Volume, By Carbon Steel, 2021-2031F |
6.1.3 Niger Metal Forging Market Revenues & Volume, By Alloy steel, 2021-2031F |
6.1.4 Niger Metal Forging Market Revenues & Volume, By Aluminum, 2021-2031F |
6.1.5 Niger Metal Forging Market Revenues & Volume, By Magnesium, 2021-2031F |
6.1.6 Niger Metal Forging Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.1.7 Niger Metal Forging Market Revenues & Volume, By Titanium, 2021-2031F |
6.2 Niger Metal Forging Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Niger Metal Forging Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Niger Metal Forging Market Revenues & Volume, By Aerospace, 2021-2031F |
6.2.4 Niger Metal Forging Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.5 Niger Metal Forging Market Revenues & Volume, By Construction, 2021-2031F |
6.2.6 Niger Metal Forging Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.7 Niger Metal Forging Market Revenues & Volume, By Others, 2021-2031F |
7 Niger Metal Forging Market Import-Export Trade Statistics |
7.1 Niger Metal Forging Market Export to Major Countries |
7.2 Niger Metal Forging Market Imports from Major Countries |
8 Niger Metal Forging Market Key Performance Indicators |
8.1 Percentage increase in adoption of automated forging processes in the Nigerian market. |
8.2 Rate of growth in demand for metal forged components in key industries in Nigeria. |
8.3 Percentage improvement in energy efficiency and waste reduction in metal forging operations in Nigeria. |
9 Niger Metal Forging Market - Opportunity Assessment |
9.1 Niger Metal Forging Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Niger Metal Forging Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Niger Metal Forging Market - Competitive Landscape |
10.1 Niger Metal Forging Market Revenue Share, By Companies, 2024 |
10.2 Niger Metal Forging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |