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Iron & Steel Forging (NAICS 332111) Industry Market Research Report

Iron & Steel Forging - Market Size and Forecast

The Iron and Steel Forging report contains both historical and forecasted statistics. Total market size figures from 2015 to 2025 reveal industry growth patterns and trends. Market size measurements include both public and private companies in the industry.

HistoricalForecasted
20152016201720182019202020212022202320242025
Market Size (Total Revenue)

Included in Report

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Iron & Steel Forging Industry Revenue
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021


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.

Iron & Steel Forging - 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 Iron & Steel Forging companies in the United States.

Iron & Steel Forging Revenue by State

US Market Size by State

Distribution by Company Size

Company SizeAll IndustriesIron & Steel Forging
Small Business (< 5 Employees)

Included

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Iron & Steel Forging - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

Included

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


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Iron & Steel Forging - Financial Ratio Analysis

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

Financial RatioIndustry Average
Profitability Ratios

Included

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

Iron & Steel Forging - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)

Iron and steel forging

Included

Hot impression die impact, press, and upset steel forgings

Hot impression die impact/press/upset carbon steel forgings

Hot impression die impact, press, & upset alloy steel forgings

Hot impression die impact/press/upset stainless steel forgings

Hot impression die impact/press/upset hi-temp steel forgings

Cold impression die impact, press, and upset steel forgings

Seamless rolled ring forgings, ferrous, purchased iron & steel

Seamless carbon/alloy steel rolled ring forg., purch. iron/steel

Seamless stain. steel/hi-temp roll. ring forg., purch. iron/steel


Iron & Steel Forging - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations5%

Included

Chief Executives0%
General and Operations Managers2%
Office and Administrative Support Occupations10%
Production Occupations61%
Assemblers and Fabricators10%
Miscellaneous Assemblers and Fabricators7%
Assemblers and Fabricators, All Other, Including Team Assemblers7%
Metal Workers and Plastic Workers37%
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic8%
Machinists9%
Machinists9%
Welding, Soldering, and Brazing Workers8%
Welders, Cutters, Solderers, and Brazers7%
Other Production Occupations10%
Transportation and Material Moving Occupations5%

Government Contracts

In 2008, the federal government spent a total of $22,066,539 on the iron & steel forging industry. It has awarded 262 contracts to 59 companies, with an average value of $374,009 per company.

Iron & Steel Forging and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

Included





Iron & Steel Forging Industry Report
GeographyUnited States  
Publication DateNovember 2020
Report FormatPDF Download  
Price$499.00

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