Top 10 Companies in the Global Aerospace Forged Parts Market (2026): Market Leaders Powering the Future of Aviation

MARKET INSIGHTS

Global Aerospace Forged Parts Market size was valued at USD 6.8 billion in 2024 and is projected to grow from USD 7.3 billion in 2025 to USD 12.1 billion by 2032, exhibiting a CAGR of 7.5% during the forecast period.

Aerospace forged parts are precision‑engineered components manufactured through controlled deformation processes under extreme pressure and heat. These parts include critical structural elements such as landing gear components, turbine disks, fan blades, wing fittings, and fuselage components. The forging process enhances material strength and fatigue resistance – essential properties for aerospace applications where component failure can have catastrophic consequences.

The market growth is driven by increasing aircraft production rates, particularly in the commercial aviation sector where Boeing and Airbus have substantial order backlogs exceeding 13,000 aircraft as of 2024. While military aviation accounts for about 30 % of demand, the commercial segment is growing faster due to post‑pandemic travel recovery. The industry also faces challenges from supply chain constraints and the need to develop new forging techniques for next‑generation materials like titanium aluminides and nickel‑based superalloys used in advanced jet engines.

Global Aerospace Forged Parts Market – View in Detailed Research Report

Top 10 Companies in the Global Aerospace Forged Parts Market (2026)

10. VSMPO‑AVISMA

Headquarters: Moscow, Russia
Key Offering: Titanium alloy forgings for engine and structural components

VSMPO‑AVISMA has secured a dominant position as the world’s largest titanium supplier, providing high‑performance forgings that meet the stringent fatigue and temperature requirements of modern jet engines. Its deep integration with OEMs such as Airbus and Boeing ensures a steady pipeline of high‑volume orders.

Sustainability & Growth Initiatives: Investment in low‑energy titanium production and partnership with European research bodies to reduce CO₂ emissions.

Expansion of titanium sponge capacity by 20 % by 2028
Collaboration with NASA on advanced alloys for hypersonic flight
Implementation of closed‑loop recycling for titanium scrap

9. Arconic

Headquarters: Pittsburgh, USA
Key Offering: Aluminum and titanium forgings for airframe and engine systems

Arconic’s portfolio spans high‑strength aluminum alloys and next‑generation titanium, delivering lightweight solutions that improve aircraft fuel efficiency. Its vertical integration from alloy production to forging positions it as a reliable supplier for both commercial and defense customers.

Sustainability & Growth Initiatives: Adoption of additive manufacturing to create complex cooling channels within forged components.

Hybrid forging‑printing platform launched in 2025
Partnership with Boeing to supply titanium rings for 737 MAX
Target to cut material waste by 15 % across all production lines

8. Precision Castparts Corp

Headquarters: Wilmington, USA
Key Offering: Nickel‑based superalloy forgings for turbine engines

As a Berkshire Hathaway subsidiary, Precision Castparts benefits from significant capital resources and a global network of forging facilities. Its high‑temperature components support the most demanding propulsion systems, enabling OEMs to push efficiency limits.

Sustainability & Growth Initiatives: Development of low‑rare‑earth superalloys to reduce cost and supply risk.

Launch of René 65 alloy line in 2024
Investment in isothermal forging equipment for 2026
Collaboration with Airbus on 3D‑printed turbine blades

7. Allegheny Technologies (ATI)

Headquarters: Pittsburgh, USA
Key Offering: Advanced alloy forgings for aerospace and defense

ATI’s expertise in high‑performance steel and titanium alloys supports a broad range of aerospace applications. Its research focus on additive‑manufacturing integration drives innovation in component design.

Sustainability & Growth Initiatives: Commitment to carbon‑neutral operations by 2030.

Carbon‑neutral forging line commissioned in 2025
Partnership with MIT on high‑temperature alloys
Expansion of global supply chain to Asia‑Pacific by 2027

6. Otto Fuchs KG

Headquarters: Hamburg, Germany
Key Offering: Precision aluminum and titanium forgings for critical aerospace components

Otto Fuchs KG is renowned for its high‑precision forging capabilities, delivering parts that meet the most demanding certification standards. Its close collaboration with European OEMs strengthens its market position.

Sustainability & Growth Initiatives: Implementation of closed‑loop recycling for aluminum scrap.

Launch of titanium alloy forging line in 2026
Partnership with Airbus on wing‑box components
Target to reduce energy consumption by 10 % per unit produced

5. Mettis Aerospace

Headquarters: London, UK
Key Offering: Advanced aluminum alloy forgings for aerospace and defense

Mettis Aerospace specializes in high‑strength aluminum forgings that support both commercial airliners and military platforms. Its engineering services enable rapid prototyping and design optimization.

Sustainability & Growth Initiatives: Focus on lightweighting to reduce aircraft emissions.

New aluminum‑lithium alloy line launched in 2025
Collaboration with Embraer on regional jet components
Implementation of digital twins for forging process simulation

4. Avic Heavy Machinery

Headquarters: Beijing, China
Key Offering: Titanium and aluminum forgings for commercial and regional aircraft

Avic Heavy Machinery supports China’s growing aerospace ambitions, supplying critical components for COMAC and other domestic programs. Its expanding production capacity positions it as a key supplier in the Asia‑Pacific region.

Sustainability & Growth Initiatives: Investment in domestic titanium production to reduce import reliance.

New titanium forging facility commissioned in 2026
Partnership with COMAC on C919 component supply chain
Target to achieve 95 % local sourcing by 2030

3. Eramet Group

Headquarters: Paris, France
Key Offering: Titanium alloy forgings for aerospace and industrial applications

Eramet’s expertise in titanium processing supports a diverse portfolio of aerospace components. Its focus on research and development fuels innovation in high‑temperature alloys.

Sustainability & Growth Initiatives: Commitment to reducing carbon footprint across the supply chain.

Launch of beta‑CEZ alloy line in 2025
Collaboration with Airbus on lightweight wing structures
Investment in renewable energy for forging operations

2. Doncasters Precision Forgings

Headquarters: Derby, UK
Key Offering: Precision forged components for aerospace and defense

Doncasters specializes in complex, high‑precision forgings that meet the strictest certification requirements. Its engineering services support rapid development cycles for new aircraft programs.

Sustainability & Growth Initiatives: Implementation of energy‑efficient forging processes.

Adoption of variable‑speed forging presses in 2026
Partnership with F-35 program for airframe forgings
Target to reduce CO₂ emissions by 12 % per unit produced

1. Scot Forge

Headquarters: Houston, USA
Key Offering: Titanium and aluminum forgings for aerospace and defense

Scot Forge delivers high‑quality forged components that support both commercial airlines and military platforms. Its focus on customer‑centric solutions and rapid turnaround times differentiates it in a highly competitive market.

Sustainability & Growth Initiatives: Commitment to zero‑waste forging processes.

Launch of zero‑waste forging line in 2025
Collaboration with Boeing on 737 MAX component supply
Investment in digital manufacturing for process optimization

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Outlook

The forecast for the Global Aerospace Forged Parts Market indicates a steady upward trajectory, with the market expanding from USD 7.3 billion in 2025 to USD 12.1 billion by 2032. The base year of 2025 serves as the benchmark, while 2026 is projected to see a 7.5 % increase, and the long‑term forecast extends to 2034, reflecting sustained demand from both commercial and defense segments.

Future Trends

Key trends shaping the next decade include the integration of additive manufacturing with traditional forging, the adoption of third‑generation titanium alloys, and a renewed focus on sustainability through material efficiency and circular economy practices. Manufacturers that embrace hybrid production methods and invest in advanced alloy development will be best positioned to capture emerging market opportunities.

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Rohit k