The cold forming and cold heading in Asia Pacific is expected to grow from US$ 9,183.18 million in 2022 to US$ 13,720.86 million by 2028. It is estimated to grow at a CAGR of 6.9% from 2022 to 2028.

Growing Demand for Cold Forming and Cold Heading in Automotive Industry

The automobile industry widely uses parts molded by cold heading machines. The main metals used for cold heading include copper-based (Cu) metal alloys, pure copper, brass, phosphor bronze, stainless steel, and aluminum. Headers manufactured by cold heading machines are terminals and pins used in various automotive control units, engine control units (ECUs), pressure sensors, and other in-vehicle sensors. Technological advancements, climate change-related policies, and changing consumer tastes are driving the demand for eco-friendly, fuel-efficient, intelligent vehicles and innovations in electric and hybrid vehicles. Investment from multinational automakers has been observed in Asia Pacific countries such as India, Indonesia, Malaysia, and Thailand. In these countries, the cold heading machine market offers growth opportunities in the coming years. Therefore, all these market trends and increased investment in the automotive industry are boosting the demand for cold forming and cold heading processes.

Market Overview

Based on country, the Asia Pacific (APAC) cold forming and cold heading market is segmented into Australia, China, India, Japan, South Korea, and the rest of Asia Pacific. China and India have emerged as global manufacturing hubs over the last decade. Rising government initiatives to promote the manufacturing sector of these countries are influencing regional and global manufacturers to set up their production plants. With the growing advancement in the global healthcare sector, the medical device manufacturers across the region have increased their production volume and are constantly investing in the development of high-tech medical devices. These factors are increasing the volume of medical devices manufactured across the region, thereby increasing the demand for cold forming and cold heading solutions for integrating the several small components of the medical devices while manufacturing and contributing to the market growth. The Asia Pacific automotive industry has been rapidly increasing over the years owing to growing investment by domestic and international automotive manufacturers and government initiatives to promote the automotive industry. For instance, in April 2021, the Chinese government announced a mandate on auto manufacturers to increase their production of electric vehicles. The government has undertaken this initiative to increase the percentage of EV sales in China. Further, the rising investment by automotive companies to set up their manufacturing plants across the region is expected to increase the demand for cold forming and cold heading solutions. For instance, in June 2022, BMW group started its EV production in its new US$ 2.2 billion plant. Similarly, in October 2020, Hyundai announced the development of its new EV and R&D plant in Singapore. Thus, the above-mentioned factors are expected to contribute to the APAC cold forming and cold heading market.

Asia Pacific Cold Forming and Cold Heading Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Cold Forming and Cold Heading Market Segmentation

The Asia Pacific cold forming and cold heading market is segmented into material, industry, and country.

Based on material, the Asia Pacific cold forming and cold heading market is segmented into aluminum, alloy steel, stainless steel, and others. The alloy steel segment registered the largest market share in 2022.

Based on industry, the Asia Pacific cold forming and cold heading market is segmented into aerospace and defense, automotive, industrial equipment and machinery, and others. The automotive segment held the largest market share in 2022.

Based on country, the Asia Pacific cold forming and cold heading market is segmented into Australia, China, India, Japan, South Korea, and the rest of Asia Pacific. China dominated the market share in 2022.

Altra Industrial Motion Corp; Bharat Forge; Deringer-Ney Inc; Fukui Byora Co., Ltd.; KALYANI FORGE; and STANLEY are the leading companies operating in the Asia Pacific cold forming and cold heading market.

TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Cold Forming and Cold Heading Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 APAC
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. APAC Cold Forming and Cold Heading Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Growing Demand Cold Forming and Cold Heading in Aerospace Industry
5.1.2 Increasing Demand for Cold Forming and Cold Heading in Automotive Industry
5.2 Market Restraints
5.2.1 Cold Forming and Cold Heading Metalworking Requires Greater Forces
5.3 Market Opportunities
5.3.1 Rising Demand from Electrical & Construction Sector
5.4 Future Trends
5.4.1 Advancements in Cold Forming and Cold Heading
5.5 Impact Analysis of Drivers and Restraints
6. Cold Forming and Cold Heading Market – APAC Analysis
6.1 APAC Cold Forming and Cold Heading Market Overview
6.2 APAC Cold Forming and Cold Heading Market Forecast and Analysis
7. APAC Cold Forming and Cold Heading Market Analysis – By Type
7.1 Overview
7.2 APAC Cold Forming and Cold Heading Market, by Material (2021 and 2028)
7.3 Aluminium
7.3.1 Overview
7.3.2 Aluminium: APAC Cold Forming and Cold Heading Market– Revenue and Forecast to 2028 (US$ Million)
7.4 Alloy Steel
7.4.1 Overview
7.4.2 Alloy Steel: APAC Cold Forming and Cold Heading Market– Revenue and Forecast to 2028 (US$ Million)
7.5 Stainless Steel
7.5.1 Overview
7.5.2 Stainless Steel: APAC Cold Forming and Cold Heading Market– Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: APAC Cold Forming and Cold Heading Market– Revenue and Forecast to 2028 (US$ Million)
8. APAC Cold Forming and Cold Heading Market Analysis – By Industry
8.1 Overview
8.2 APAC Cold Forming and Cold Heading Market, by Industry (2021 and 2028)
8.3 Aerospace and Defence
8.3.1 Overview
8.3.2 Aerospace and Defence: APAC Cold Forming and Cold Heading Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Automotive
8.4.1 Overview
8.4.2 Automotive: APAC Cold Forming and Cold Heading Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Industrial equipment and Machinery
8.5.1 Overview
8.5.2 Industrial equipment and Machinery: APAC Cold Forming and Cold Heading Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: APAC Cold Forming and Cold Heading Market – Revenue and Forecast to 2028 (US$ Million)
9. APAC Cold Forming and Cold Heading Market – Country Analysis
9.1 Overview
9.1.1 APAC: Cold Forming and Cold Heading Market, by Key Country
9.1.1.1 Australia: Cold Forming and Cold Heading Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Australia: Cold Forming and Cold Heading Market, by Material
9.1.1.1.2 Australia: Cold Forming and Cold Heading Market, by Industry
9.1.1.2 China: Cold Forming and Cold Heading Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 China: Cold Forming and Cold Heading Market, by Material
9.1.1.2.2 China: Cold Forming and Cold Heading Market, by Industry
9.1.1.3 India: Cold Forming and Cold Heading Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 India: Cold Forming and Cold Heading Market, by Material
9.1.1.3.2 India: Cold Forming and Cold Heading Market, by Industry
9.1.1.4 Japan: Cold Forming and Cold Heading Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Japan: Cold Forming and Cold Heading Market, by Material
9.1.1.4.2 Japan: Cold Forming and Cold Heading Market, by Industry
9.1.1.5 South Korea: Cold Forming and Cold Heading Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 South Korea: Cold Forming and Cold Heading Market, by Material
9.1.1.5.2 South Korea: Cold Forming and Cold Heading Market, by Industry
9.1.1.6 Rest of APAC: Cold Forming and Cold Heading Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of APAC: Cold Forming and Cold Heading Market, by Material
9.1.1.6.2 Rest of APAC: Cold Forming and Cold Heading Market, by Industry
10. Industry Landscape
10.1 Overview
10.2 Merger and Acquisition
11. Company Profiles
11.1 STANLEY
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Altra Industrial Motion Corp.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 KALYANI FORGE
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Bharat Forge
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Deringer-Ney Inc
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Fukui Byora Co., Ltd.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Word Index

LIST OF TABLES

Table 1.             APAC Cold Forming and Cold Heading Market – Revenue and Forecast to 2028 (US$ Million)
Table 2.             Australia: Cold Forming and Cold Heading Market, by Material– Revenue and Forecast to 2028 (US$ Million)
Table 3.             Australia: Cold Forming and Cold Heading Market, by Industry – Revenue and Forecast to 2028 (US$ Million)
Table 4.             China: Cold Forming and Cold Heading Market, by Material– Revenue and Forecast to 2028 (US$ Million)
Table 5.             China: Cold Forming and Cold Heading Market, by Industry – Revenue and Forecast to 2028 (US$ Million)
Table 6.             India: Cold Forming and Cold Heading Market, by Material– Revenue and Forecast to 2028 (US$ Million)
Table 7.             India: Cold Forming and Cold Heading Market, by Industry– Revenue and Forecast to 2028 (US$ Million)
Table 8.             Japan: Cold Forming and Cold Heading Market, by Material– Revenue and Forecast to 2028 (US$ Million)
Table 9.             Japan: Cold Forming and Cold Heading Market, by Industry– Revenue and Forecast to 2028 (US$ Million)
Table 10.          South Korea: Cold Forming and Cold Heading Market, by Material– Revenue and Forecast to 2028 (US$ Million)
Table 11.          South Korea: Cold Forming and Cold Heading Market, by Industry – Revenue and Forecast to 2028 (US$ Million)
Table 12.          Rest of APAC: Cold Forming and Cold Heading Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 13.          Rest of APAC: Cold Forming and Cold Heading Market, by Industry– Revenue and Forecast to 2028 (US$ Million)
Table 14.          List of Abbreviation
 
 

LIST OF FIGURES

Figure 1.           APAC Cold Forming and Cold Heading Market Segmentation
Figure 2.           APAC Cold Forming and Cold Heading Market Segmentation – By Country
Figure 3.           APAC Cold Forming and Cold Heading Market Overview
Figure 4.           Alloy Steel Segment held the Largest Share of APAC Cold Forming and Cold Heading Market
Figure 5.           Automotive Segment held the Largest Share of APAC Cold Forming and Cold Heading Market
Figure 6.           China to Show Great Traction During Forecast Period
Figure 7.           APAC – PEST Analysis
Figure 8.           Ecosystem Analysis: APAC Cold Forming and Cold Heading Market
Figure 9.           Expert Opinion
Figure 10.        APAC Cold Forming and Cold Heading Market: Impact Analysis of Drivers and Restraints
Figure 11.        APAC Cold Forming and Cold Heading Market Forecast and Analysis (US$ Million)
Figure 12.        APAC Cold Forming and Cold Heading Market Revenue Share, by Material (2021 and 2028)
Figure 13.        Aluminum: APAC Cold Forming and Cold Heading Market– Revenue and Forecast to 2028 (US$ Million)
Figure 14.        Alloy Steel: APAC Cold Forming and Cold Heading Market– Revenue and Forecast to 2028 (US$ Million)
Figure 15.        Stainless Steel: APAC Cold Forming and Cold Heading Market– Revenue and Forecast to 2028 (US$ Million)
Figure 16.        Others: APAC Cold Forming and Cold Heading Market– Revenue and Forecast to 2028 (US$ Million)
Figure 17.        APAC Cold Forming and Cold Heading Market Revenue Share, by Industry (2021 and 2028)
Figure 18.        Aerospace and Defense: APAC Cold Forming and Cold Heading Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19.        Automotive: APAC Cold Forming and Cold Heading Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20.        Industrial equipment and Machinery: APAC Cold Forming and Cold Heading Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21.        Others: APAC Cold Forming and Cold Heading Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22.        APAC: Cold Forming and Cold Heading Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23.        APAC: Cold Forming and Cold Heading Market Revenue Share, by Key Country (2021 and 2028)
Figure 24.        Australia: Cold Forming and Cold Heading Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25.        China: Cold Forming and Cold Heading Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26.        India: Cold Forming and Cold Heading Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27.        Japan: Cold Forming and Cold Heading Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28.        South Korea: Cold Forming and Cold Heading Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29.        Rest of APAC: Cold Forming and Cold Heading Market – Revenue and Forecast to 2028 (US$ Million)

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific Cold Forming and Cold Heading Market.
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific Cold Forming and Cold Heading Market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Cold Forming and Cold Heading Market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

The List of Companies – Asia Pacific Cold Forming and Cold Heading Market

● Altra Industrial Motion Corp
● Bharat Forge
● Deringer-Ney Inc
● Fukui Byora Co., Ltd.
● KALYANI FORGE
● STANLEY

At 6.9% CAGR, the Asia Pacific Cold Forming and Cold Heading Market is speculated to be worth US$ 13,720.86 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the Asia Pacific cold forming and cold heading market was valued at US$ 9,183.18 million in 2022 and is expected to reach US$ 13,720.86 million by 2028, registering an annual growth rate of 6.9% from 2022 to 2028. The rising demand from electrical & construction sector and increasing demand for cold forming and cold heading in automotive industry are the critical factors attributed to the market expansion.

The electronics industry in developing countries has grown rapidly in recent years. The appliances industry benefits from cold heading machines by manufacturing gears and fasteners for assembly. Cold heading avoids the porosity, segregation, large inclusions, and other imperfections of the casting and reduces the chances of cold heading parts leaking under high pressure. Therefore, this factor makes cold heading ideal for a few high-pressure and hydraulic components. For instance, rod ends and fittings for 3,000 psi cylinders can be replaced with leak-proof rod materials. The electrical industry uses cold heading machines to manufacture cold heading rivets for electrical contacts. The most popular are solids and bimetals. In special cases, appliances also require custom cold pressed parts such as rivets and fasteners. Therefore, the above factors are expected to boost the demand for cold forming and cold heading materials and increase the demand for cold heading and cold forming in electrical applications. Therefore, this segment is expected to grow strongly in the coming years. The growth of the construction industry is expected to promote the use of cold forming and cold heading machines. Cold forming and cold heading machines are used to manufacture connectors that are widely used in the construction industry. Therefore, investment and development in this sector will support the growth of the cold forming and cold heading market. Thus, increasing demand from the electrical industry & construction sector is expected to boost the growth of the cold forming and cold heading market.

On the contrary, cold forming and cold heading metalworking requires greater forces hurdles the growth of Asia Pacific cold forming and cold heading market.

Based on material, the Asia Pacific cold forming and cold heading market is segmented into aluminum, alloy steel, stainless steel, and others. The alloy steel segment held 45.6% market share in 2022, amassing US$ 4,185.82 million. It is projected to garner US$ 6,194.50 million by 2028 to expand at 6.8% CAGR during 2022–2028.

Based on industry, the Asia Pacific cold forming and cold heading market is segmented into aerospace and defense, automotive, industrial equipment and machinery, and others. The automotive segment held 57.2% market share in 2022, amassing US$ 5,249.86 million. It is projected to garner US$ 8,158.53 million by 2028 to expand at 7.6% CAGR during 2022–2028.

Based on country, the Asia Pacific cold forming and cold heading market is segmented into Australia, China, India, Japan, South Korea, and the rest of Asia Pacific. Our regional analysis states that China captured 40.9% market share in 2022. It was assessed at US$ 3,754.23 million in 2022 and is likely to hit US$ 5,762.76 million by 2028, exhibiting a CAGR of 7.4% during the forecast period.

Key players dominating the Asia Pacific cold forming and cold heading market are Altra Industrial Motion Corp; Bharat Forge; Deringer-Ney Inc; Fukui Byora Co., Ltd.; KALYANI FORGE; and STANLEY among others.