Specialists of the Industrial Information Agency conducted a study of the Russian market for forgings. The study identified positive and negative factors for the development of forging production in the Russian Federation.
Among the positives, we can note a sufficient volume of the domestic market and a large number of consumers. Also, in the period up to 2015, the average annual growth rate of the Russian market for forged billets may be 8-10%. A number of manufacturers have left the market in recent years.
Among the negative factors – increased competition, a large number of small consumers, the development of their own production of forgings by large consumers. Also, in a number of segments there is competition between different types of forgings, which creates the possibility of substitution with substitute goods.
In the course of the study, the situation of supply and demand in the Russian market for forgings was studied, information was collected and systematized on the main manufacturers of medium-weight forgings, conclusions and forecasts were made on the volume of the forgings market, taking into account production trends and the development of consumer segments until 2017.
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