Nonferrous Forging Industry - Market Size, Trends, and Growth - 2025-2030

Industry Overview

This U.S. industry comprises establishments primarily engaged in manufacturing nonferrous forgings from purchased nonferrous metals by hammering mill shapes. Establishments making nonferrous forgings and further manufacturing (e.g., machining, assembling) a specific manufactured product are classified in the industry of the finished product. Nonferrous forging establishments may perform surface finishing operations, such as cleaning and deburring, on the forgings they manufacture.
Source: U.S. Census Bureau

Market Size and Industry Forecast

This research report analyzes the market size and trends in the Nonferrous Forging industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Nonferrous Forging companies in the United States.

Distribution by Company Size

Company Size	All Industries	Nonferrous Forging
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Nonferrous Forging Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" company (both public and private companies included).

	Industry Average	Percent of Sales
Total Revenue
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Nonferrous Forging Industry Product Mix

Product Description	Description	Revenue ($ Millions)
Nonferrous forging
Hot impression die impact, press, & upset nonferrous forgings
Hot impression die impact, press, & upset Al/Al alloy forgings
Hot impression die impact, press, & upset Ti/Ti alloy forgings
Other hot impression die impact, press, and upset nonferrous
All other nonferrous forgings
Nonferrous forging, nsk, total
Nonferrous forging, nsk, for nonadministrative-records
Nonferrous forging, nsk, for administrative-records

Nonferrous Forging Industry Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	5%
Chief Executives	0%
General and Operations Managers	2%
Office and Administrative Support Occupations	10%
Production Occupations	61%
Assemblers and Fabricators	10%
Miscellaneous Assemblers and Fabricators	7%
Assemblers and Fabricators, All Other, Including Team Assemblers	7%
Metal Workers and Plastic Workers	37%
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic	8%
Machinists	9%
Machinists	9%
Welding, Soldering, and Brazing Workers	8%
Welders, Cutters, Solderers, and Brazers	7%
Other Production Occupations	10%
Transportation and Material Moving Occupations	5%

Government Contracts

The federal government spent an annual total of $3,148,564 on the nonferrous forging industry. It has awarded 397 contracts to 141 companies, with an average value of $22,330 per company.

Top Companies in Nonferrous Forging and Adjacent Industries

Company	Address	Revenue ($ Millions)