What Happened
Growing Demand For Lightweight Aerospace Materials Drives Market Expansion
The aerospace open die forgings market is expected to reach $5.88 billion by 2030, driven by growing demand for lightweight and high-strength materials in the aerospace industry. The market grew to $3.98 billion in 2025, with a compound annual growth rate (CAGR) of 8.5%. Key trends include the adoption of high-strength lightweight forged parts, precision forging, and advancements in high-temperature forging alloys. Leading companies in the market include Aubert & Duval, ATI Inc., and Bharat Forge Limited. This report was published by The Business Research Company.