China's Forging Industry
2026-01-17 16:28:34
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Over the past decade, China's forging industry has undergone a profound transfor
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Over the past decade, China's forging industry has undergone a profound transformation from scale expansion to high-quality development. In 2023, forging output reached 13.155 million tons, firmly ranking first globally. The compound growth rate from 2016 to 2022 was 4.39%, and the market size of large forgings is expected to exceed 125 billion yuan by 2030. Historic breakthroughs have been made in high-end localization. China First Heavy Industries Group Corporation has built the world's largest 80,000-ton die forging press, achieving independent manufacturing of 'bottleneck' components such as aeroengine disk parts and nuclear power rotors. Multi-directional die forging technology has reached international leadership, and the performance of 350MN equipment has surpassed similar German products. Intelligent manufacturing is accelerating its penetration, with Wuxi PaiKe establishing an intelligent production line for various ring forgings, Haokun Flanges advancing green and digital collaborative upgrades, and China Metallurgical South promoting energy-saving processes such as scrap steel preheating and low-carbon smelting, resulting in a significant reduction in unit energy consumption. At the policy level, the '14th Five-Year Plan' clearly supports precision forging and lightweight alloy applications, and the Ministry of Industry and Information Technology promotes the intelligent and green transformation of the industry. The export structure continues to be optimized, with products being exported to Europe, America, ASEAN, and Russia. High-end forgings are gradually replacing imports. Although there is still a gap in process precision and equipment stability compared to Germany and Japan, the speed of technological catch-up is rare globally, marking a transition from a 'manufacturing powerhouse' to a 'smart manufacturing powerhouse'.
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shanghai caite international trade co.,ltd
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