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Company profiles provide the following insights:
- Company summary
- Product and service offerings
- Risk level report
- Financial reports and management team contacts
- Similar companies and competitors (by region)
- Industry trends and challenges
- Real-time news updates
Forging and Stamping Industry Insights: Trends and Challenges
Many industries are increasing the use of aluminum in their products, creating new opportunities for the forging and stamping industry. Aluminum demand is on the rise as a replacement for steel in many industries as it is lighter, more stable, has less risk of corrosion, and the cost of production is more consistent than steel. Forging and stamping companies are seeing aluminum take a more prominent part in their product markets.
Despite more demand for aluminum products, the overall decline of automobile sales has led to less demand for forging and stamping products. The pandemic has meant more people are staying at home and commuting less, leading to less demand for vehicles. Even before the pandemic, due to concerns for the environment and simply the state of consumer behavior, automobile sales were already on the decline as consumers increasingly opted for alternatives such as public transportation and bicycles.
Forging and Stamping Company Insights on BizVibe: Top Players and Specialized Manufacturers
Some of the public and private forging and stamping companies on BizVibe include:
Market Leaders:
- United Support Solutions
- Wyman-Gordon Company
- Laird Technologies Inc.
- Scot Forge
- Ameriforge Group Inc
Specialized Manufacturers:
- Caparo India
- Kenmode Inc.
- Acro Metal Stamping
- Tempel
- North American Stamping Group
View 50+ insights for all forging and stamping companies
Key Segments Covered
BizVibe's forging and stamping industry insights cover the following segments.
Top Forging Categories:
- Iron and Steel Forging Manufacturers
- Nonferrous Forging Manufacturers
Top Stamping Categories:
- Metal Crowns and Closure Stamping Manufacturers
- Miscellaneous Metal Stamping Product Manufacturers
Learn more about company insights for this industry
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SOURCE BizVibe
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