Product Code: ETC039379 | Publication Date: Jan 2021 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Turkiye Metal Forging Market could see a tapering of growth rates over 2025 to 2029. Beginning strongly at 16.18% in 2025, growth softens to -2.74% in 2029.
Turkiye's Metal Forging market is anticipated to experience a high growth rate of 11.10% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.
The Turkey Metal Forging Market is expanding as the demand for forged metal parts in automotive, aerospace, and industrial applications increases. Forging enhances the strength and durability of metal components, making them suitable for high-stress applications.
The Turkey metal forging market growth is driven by demand for high-strength, precision-engineered components in automotive, aerospace, and industrial machinery sectors. Forging processes, including hot forging and cold forging, offer superior mechanical properties and production efficiency. Technological advancements in forging equipment, die design, and metallurgical research contribute to market expansion.
Challenges in Turkey`s metal forging market include the adoption of advanced forging techniques, maintaining quality standards, and addressing fluctuating raw material costs. Market players also face competition from cheaper imports.
The Turkish government supports the metal forging market through incentives for technology adoption and skills development. Regulatory frameworks ensure product quality and performance in manufacturing processes, enhancing competitiveness in global markets.
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 Turkey Metal Forging Market Overview |
3.1 Turkey Country Macro Economic Indicators |
3.2 Turkey Metal Forging Market Revenues & Volume, 2021 & 2031F |
3.3 Turkey Metal Forging Market - Industry Life Cycle |
3.4 Turkey Metal Forging Market - Porter's Five Forces |
3.5 Turkey Metal Forging Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Turkey Metal Forging Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Turkey Metal Forging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and durable components in automotive and aerospace industries |
4.2.2 Increasing investments in infrastructure development projects |
4.2.3 Technological advancements leading to improved efficiency and quality in metal forging processes |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as steel and aluminum |
4.3.2 Intense competition from alternative metal forming processes |
4.3.3 Environmental regulations impacting production processes and costs |
5 Turkey Metal Forging Market Trends |
6 Turkey Metal Forging Market, By Types |
6.1 Turkey Metal Forging Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Turkey Metal Forging Market Revenues & Volume, By Raw Material, 2021-2031F |
6.1.3 Turkey Metal Forging Market Revenues & Volume, By Carbon Steel, 2021-2031F |
6.1.4 Turkey Metal Forging Market Revenues & Volume, By Alloy steel, 2021-2031F |
6.1.5 Turkey Metal Forging Market Revenues & Volume, By Aluminum, 2021-2031F |
6.1.6 Turkey Metal Forging Market Revenues & Volume, By Magnesium, 2021-2031F |
6.1.7 Turkey Metal Forging Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.1.8 Turkey Metal Forging Market Revenues & Volume, By Titanium, 2021-2031F |
6.2 Turkey Metal Forging Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Turkey Metal Forging Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Turkey Metal Forging Market Revenues & Volume, By Aerospace, 2021-2031F |
6.2.4 Turkey Metal Forging Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.5 Turkey Metal Forging Market Revenues & Volume, By Construction, 2021-2031F |
6.2.6 Turkey Metal Forging Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.7 Turkey Metal Forging Market Revenues & Volume, By Others, 2021-2031F |
7 Turkey Metal Forging Market Import-Export Trade Statistics |
7.1 Turkey Metal Forging Market Export to Major Countries |
7.2 Turkey Metal Forging Market Imports from Major Countries |
8 Turkey Metal Forging Market Key Performance Indicators |
8.1 Percentage increase in adoption of advanced forging technologies |
8.2 Reduction in production lead times |
8.3 Improvement in energy efficiency of metal forging processes |
8.4 Increase in the number of strategic partnerships and collaborations for technology transfer |
8.5 Growth in demand for customized or complex metal forging solutions |
9 Turkey Metal Forging Market - Opportunity Assessment |
9.1 Turkey Metal Forging Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Turkey Metal Forging Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Turkey Metal Forging Market - Competitive Landscape |
10.1 Turkey Metal Forging Market Revenue Share, By Companies, 2024 |
10.2 Turkey Metal Forging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |