South & Central America Up to 10 kg Closed Die Forging Market Size, Share, Trends, and Forecast (2021 - 2031) | Automotive and Infrastructure Investment Drives Growth

Dublin, Oct. 05, 2026 (GLOBE NEWSWIRE) -- "South & Central America Upto 10kg Closed Die Forging Market Size and Forecast (2021 - 2031), Regional Share, Trend, and Growth Opportunity Analysis" has been added to ResearchAndMarkets.com's offering.

The South & Central America Upto 10kg Closed Die Forging Market is projected to grow from US$ 322.9 million in 2024 to US$ 395.8 million by 2031, registering a compound annual growth rate (CAGR) of 3.0% from 2025 to 2031. Market expansion is being supported by rising demand for lightweight, durable forged components across the automotive, construction, aerospace, manufacturing, heavy equipment, and oil and gas industries.

Brazil and Argentina are central to the regional market outlook, with Brazil accounting for the largest share in 2024. Continued investment in transportation networks, airports, bridges, Ceconomy stations, commercial buildings, energy projects, and industrial facilities is increasing demand for upto 10 kg closed die forged components. These parts are widely used in applications requiring strength, reliability, dimensional accuracy, and resistance to demanding operating conditions.

Automotive manufacturing remains a major growth driver. In March 2024, Stellantis announced plans to invest US$ 6.08 billion in Brazil and other South American markets between 2025 and 2030. The investment is expected to strengthen regional vehicle production and increase demand for forged automotive components such as gears, axles, steering components, and other structural and mechanical parts.

South & Central America Closed Die Forging Market Segmentation

• By material type: The market includes Nickel Based Alloys, Titanium Alloys, Steel Alloys, Aluminum Alloys, and Others. Steel Alloys held the leading market share in 2024 due to their extensive use across automotive, construction equipment, heavy machinery, and industrial applications.
• By end-use industry: The market covers Automotive, Aerospace, Heavy Equipment, Manufacturing, Oil and Gas, Construction Equipment, Agricultural Equipment, and Others. Automotive represented the largest segment in 2024.
• By automotive application: The automotive category includes Passenger Vehicles, Commercial Vehicles, Motorcycles, and Trailers. Passenger Vehicles accounted for the largest share of this segment in 2024.

Sustainability and Material Innovation Support Market Growth

Sustainability is becoming an important priority for forging manufacturers as industries pursue lower emissions, improved material efficiency, and reduced production waste. Conventional forging and machining processes can generate substantial scrap metal and require significant energy for heating and forming. Stricter environmental regulations and customer demand for greener products are encouraging manufacturers to improve process efficiency, increase recycling, and adopt more sustainable materials.

Aluminum, titanium, biodegradable polymers, and advanced composites such as carbon fiber-reinforced polymers are gaining attention in industries that require lightweight and high-strength components. Greater emphasis on recycling and material reuse is also supporting circular production models. These developments are expected to improve component performance while helping manufacturers conserve resources and reduce environmental impact throughout the forecast period.

Brazil Leads Regional Demand

Brazil's expanding construction, automotive, energy, and oil and gas sectors provide a strong foundation for market growth. The country's oil production is forecast to increase by 1.8 million barrels per day by 2035, representing a 70% rise from current levels. Higher production, industrial development, and clean energy investment are expected to increase demand for construction wear parts, machinery components, and forged products used in demanding operational environments.

Brazil's automotive industry is also generating new opportunities. Vehicle registrations rose by 9.7% from 2022 to 2023, supporting higher demand for locally produced automotive components. In addition, the Brazilian government's plan to invest US$ 200 billion in infrastructure, energy, and transportation between 2024 and 2027 is expected to accelerate construction activity and industrial capacity development.

Competitive Landscape

Prominent participants in the South & Central America Upto 10kg Closed Die Forging Market include CFS Machinery Co., Ltd, Aequs Pvt Ltd., and Kalyani Forge Ltd. Market participants are focusing on production expansion, product innovation, strategic partnerships, and mergers and acquisitions to strengthen their regional presence. Investments in advanced materials, sustainable manufacturing processes, and high-performance forged components are expected to remain central to competitive strategies through 2031.

Key Topics Covered

1. Introduction
1.1 Report Guidance
1.2 Market Segmentation

2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macroeconomic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country-level data:

4. Upto 10kg Closed Die Forging Market Landscape
4.1 Market Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain:
4.3 Impact of Trump's Reciprocal Tariffs
4.4 ESG Analysis
4.5 Forging Industry Standards
4.6 List of Potential Customers
4.7 Government Tariff and Duty
4.8 Overview of Technological Trends:
4.9 Pricing Analysis Write-Up:
4.10 Suppliers Analysis:
4.11 Global CV Joints Market

5. South & Central America Upto 10kg Closed Die Forging Market - Key Market Dynamics
5.1 Market Drivers
5.2 Market Restraints
5.3 Market Opportunities
5.4 Future Trends
5.5 Impact of Drivers and Restraints:

6. Upto 10kg Closed Die Forging Market - South & Central America Market Analysis
6.1 South & Central America Upto 10kg Closed Die Forging Market Revenue (US$ Million), 2024 - 2031
6.2 South & Central America Upto 10kg Closed Die Forging Market Forecast and Analysis

7. South & Central America Upto 10kg Closed Die Forging Market Revenue Analysis - by Material Type
7.1 Nickel Based Alloys
7.1.1 Overview
7.1.2 Nickel Based Alloys: South & Central America Upto 10kg Closed Die Forging Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
7.2 Titanium Alloys
7.2.1 Overview
7.2.2 Titanium Alloys: South & Central America Upto 10kg Closed Die Forging Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
7.3 Steel Alloys
7.3.1 Overview
7.3.2 Steel Alloys: South & Central America Upto 10kg Closed Die Forging Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
7.4 Aluminum Alloys
7.4.1 Overview
7.4.2 Aluminum Alloys: South & Central America Upto 10kg Closed Die Forging Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: South & Central America Upto 10kg Closed Die Forging Market - Revenue and Forecast, 2021 - 2031 (US$ Million)

8. South & Central America Upto 10kg Closed Die Forging Market Revenue Analysis - by End Use Industry
8.1 Automotive
8.1.1 Overview
8.1.2 Automotive: South & Central America Upto 10kg Closed Die Forging Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
8.2 Aerospace
8.2.1 Overview
8.2.2 Aerospace: South & Central America Upto 10kg Closed Die Forging Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
8.3 Heavy Equipment
8.3.1 Overview
8.3.2 Heavy Equipment: South & Central America Upto 10kg Closed Die Forging Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
8.4 Manufacturing
8.4.1 Overview
8.4.2 Manufacturing: South & Central America Upto 10kg Closed Die Forging Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
8.5 Oil and Gas
8.5.1 Overview
8.5.2 Oil and Gas: South & Central America Upto 10kg Closed Die Forging Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
8.6 Construction Equipment
8.6.1 Overview
8.6.2 Construction Equipment: South & Central America Upto 10kg Closed Die Forging Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
8.7 Agricultural Equipment
8.7.1 Overview
8.7.2 Agricultural Equipment: South & Central America Upto 10kg Closed Die Forging Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
8.8 Others
8.8.1 Overview
8.8.2 Others: South & Central America Upto 10kg Closed Die Forging Market - Revenue and Forecast, 2021 - 2031 (US$ Million)

9. South & Central America Upto 10kg Closed Die Forging Market Revenue Analysis - by Automotive
9.1 Passenger Vehicle
9.1.1 Overview
9.1.2 Passenger Vehicle: South & Central America Upto 10kg Closed Die Forging Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
9.2 Commercial Vehicle
9.2.1 Overview
9.2.2 Commercial Vehicle: South & Central America Upto 10kg Closed Die Forging Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
9.3 Motorcycle
9.3.1 Overview
9.3.2 Motorcycle: South & Central America Upto 10kg Closed Die Forging Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
9.4 Trailer
9.4.1 Overview
9.4.2 Trailer: South & Central America Upto 10kg Closed Die Forging Market - Revenue and Forecast, 2021 - 2031 (US$ Million)

10. South & Central America Upto 10kg Closed Die Forging Market - Country Analysis
10.1 South & Central America
10.1.1 South & Central America Upto 10kg Closed Die Forging Market Revenue and Forecast and Analysis - by Country
10.1.2 Brazil: South & Central America Upto 10kg Closed Die Forging Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
10.1.2.1 Brazil: South & Central America Upto 10kg Closed Die Forging Market Share - by Material Type
10.1.2.2 Brazil: South & Central America Upto 10kg Closed Die Forging Market Share - by End Use Industry
10.1.2.3 Brazil: South & Central America Upto 10kg Closed Die Forging Market Share - by Automotive
10.1.3 Argentina: South & Central America Upto 10kg Closed Die Forging Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
10.1.3.1 Argentina: South & Central America Upto 10kg Closed Die Forging Market Share - by Material Type
10.1.3.2 Argentina: South & Central America Upto 10kg Closed Die Forging Market Share - by End Use Industry
10.1.3.3 Argentina: South & Central America Upto 10kg Closed Die Forging Market Share - by Automotive
10.1.4 Rest of South & Central America: South & Central America Upto 10kg Closed Die Forging Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
10.1.4.1 Rest of South & Central America: South & Central America Upto 10kg Closed Die Forging Market Share - by Material Type
10.1.4.2 Rest of South & Central America: South & Central America Upto 10kg Closed Die Forging Market Share - by End Use Industry
10.1.4.3 Rest of South & Central America: South & Central America Upto 10kg Closed Die Forging Market Share - by Automotive

11. Competitive Landscape
11.1 Heat Map Analysis by Key Players

12. Industry Landscape
12.1 Overview
12.2 New Product Development
12.3 Merger and Acquisition
12.4 Other Strategic Developments

13. Company Profiles
13.1 CFS Machinery Co.,Ltd
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Aequs Pvt Ltd.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Kalyani Forge Ltd.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Ramkrishna Forgings Ltd
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 CIE Automotive SA
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Isler India
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 M M Forgings Limited
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 NEXUS ENGITECH
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 SIDERFORGEROSSI GROUP S.p.A.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 FORLAM group
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
13.11 PALMIERI GROUP
13.11.1 Key Facts
13.11.2 Business Description
13.11.3 Products and Services
13.11.4 Financial Overview
13.11.5 SWOT Analysis
13.11.6 Key Developments
13.12 Trojan Manufacturing, Forging and Automotive (TMFA)
13.12.1 Key Facts
13.12.2 Business Description
13.12.3 Products and Services
13.12.4 Financial Overview
13.12.5 SWOT Analysis
13.12.6 Key Developments
13.13 Poppi Ugo Euroforge S.p.A.
13.13.1 Key Facts
13.13.2 Business Description
13.13.3 Products and Services
13.13.4 Financial Overview
13.13.5 SWOT Analysis
13.13.6 Key Developments
13.14 KEMS FORGINGS LTD.
13.14.1 Key Facts
13.14.2 Business Description
13.14.3 Products and Services
13.14.4 Financial Overview
13.14.5 SWOT Analysis
13.14.6 Key Developments
13.15 FIXIN Manufacturing Technology Pvt Ltd
13.15.1 Key Facts
13.15.2 Business Description
13.15.3 Products and Services
13.15.4 Financial Overview
13.15.5 SWOT Analysis
13.15.6 Key Developments
13.16 Sunstar Precision Forge Limited
13.16.1 Key Facts
13.16.2 Business Description
13.16.3 Products and Services
13.16.4 Financial Overview
13.16.5 SWOT Analysis
13.16.6 Key Developments
13.17 Kross Limited
13.17.1 Key Facts
13.17.2 Business Description
13.17.3 Products and Services
13.17.4 Financial Overview
13.17.5 SWOT Analysis
13.17.6 Key Developments
13.18 Poona Forge Private Limited
13.18.1 Key Facts
13.18.2 Business Description
13.18.3 Products and Services
13.18.4 Financial Overview
13.18.5 SWOT Analysis
13.18.6 Key Developments
13.19 Sadhu Group
13.19.1 Key Facts
13.19.2 Business Description
13.19.3 Products and Services
13.19.4 Financial Overview
13.19.5 SWOT Analysis
13.19.6 Key Developments
13.20 Pradeep Metals Limited
13.20.1 Key Facts
13.20.2 Business Description
13.20.3 Products and Services
13.20.4 Financial Overview
13.20.5 SWOT Analysis
13.20.6 Key Developments
13.21 Sundaram Forgings
13.21.1 Key Facts
13.21.2 Business Description
13.21.3 Products and Services
13.21.4 Financial Overview
13.21.5 SWOT Analysis
13.21.6 Key Developments
13.22 Happy Forgings
13.22.1 Key Facts
13.22.2 Business Description
13.22.3 Products and Services
13.22.4 Financial Overview
13.22.5 SWOT Analysis
13.22.6 Key Developments
13.23 Rasche Umformtechnik GmbH & Co. KG
13.23.1 Key Facts
13.23.2 Business Description
13.23.3 Products and Services
13.23.4 Financial Overview
13.23.5 SWOT Analysis
13.23.6 Key Developments
13.24 Western India Forgings Pvt. Ltd.
13.24.1 Key Facts
13.24.2 Business Description
13.24.3 Products and Services
13.24.4 Financial Overview
13.24.5 SWOT Analysis
13.24.6 Key Developments
13.25 Caparo India
13.25.1 Key Facts
13.25.2 Business Description
13.25.3 Products and Services
13.25.4 Financial Overview
13.25.5 SWOT Analysis
13.25.6 Key Developments
13.26 Kalyani Technoforge
13.26.1 Key Facts
13.26.2 Business Description
13.26.3 Products and Services
13.26.4 Financial Overview
13.26.5 SWOT Analysis
13.26.6 Key Developments

14. Appendix
14.1 About the Analyst

List of Tables [17]

List of Figures [30]

For more information about this report visit https://www.researchandmarkets.com/r/lhm9hb

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