Product Code: ETC039384 | Publication Date: Jan 2021 | Updated Date: Jun 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Oman Metal Forging market currently, in 2023, has witnessed an HHI of 5206, Which has decreased slightly as compared to the HHI of 8639 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Oman metal forging market is expanding with the growth of the automotive, aerospace, and oil and gas industries. Forging processes offer superior mechanical properties and cost-effectiveness compared to other manufacturing methods, driving demand for forged components. Oman strategic location and infrastructure investments position the country as a key player in the global forging market.
The metal forging market in Oman is growing due to the expansion of industrial manufacturing activities. Forged metal components are crucial in automotive, aerospace, and oil & gas sectors where high strength and reliability are paramount. Additionally, advancements in forging technologies are further enhancing market growth.
The metal forging market in Oman faces challenges including the high cost of energy and raw materials, which impact production costs and profitability. Additionally, the market is sensitive to fluctuations in global demand for forged metal products, particularly from key end-user industries such as automotive and aerospace. Moreover, competition from low-cost imports and the need for skilled labor further complicate market dynamics, influencing pricing and supply chain strategies.
The Oman government supports the metal forging market through policies that promote local production and export growth. The Ministry of Commerce, Industry and Investment Promotion provides incentives for companies investing in modern forging technologies and supports initiatives to enhance skills in the sector.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Oman Metal Forging Market Overview |
3.1 Oman Country Macro Economic Indicators |
3.2 Oman Metal Forging Market Revenues & Volume, 2019 & 2026F |
3.3 Oman Metal Forging Market - Industry Life Cycle |
3.4 Oman Metal Forging Market - Porter's Five Forces |
3.5 Oman Metal Forging Market Revenues & Volume Share, By Raw Material, 2019 & 2026F |
3.6 Oman Metal Forging Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Oman Metal Forging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Oman Metal Forging Market Trends |
6 Oman Metal Forging Market, By Types |
6.1 Oman Metal Forging Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Oman Metal Forging Market Revenues & Volume, By Raw Material, 2016 - 2026F |
6.1.3 Oman Metal Forging Market Revenues & Volume, By Carbon Steel, 2016 - 2026F |
6.1.4 Oman Metal Forging Market Revenues & Volume, By Alloy steel, 2016 - 2026F |
6.1.5 Oman Metal Forging Market Revenues & Volume, By Aluminum, 2016 - 2026F |
6.1.6 Oman Metal Forging Market Revenues & Volume, By Magnesium, 2016 - 2026F |
6.1.7 Oman Metal Forging Market Revenues & Volume, By Stainless Steel, 2016 - 2026F |
6.1.8 Oman Metal Forging Market Revenues & Volume, By Titanium, 2016 - 2026F |
6.2 Oman Metal Forging Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Oman Metal Forging Market Revenues & Volume, By Automotive, 2016 - 2026F |
6.2.3 Oman Metal Forging Market Revenues & Volume, By Aerospace, 2016 - 2026F |
6.2.4 Oman Metal Forging Market Revenues & Volume, By Oil & Gas, 2016 - 2026F |
6.2.5 Oman Metal Forging Market Revenues & Volume, By Construction, 2016 - 2026F |
6.2.6 Oman Metal Forging Market Revenues & Volume, By Agriculture, 2016 - 2026F |
6.2.7 Oman Metal Forging Market Revenues & Volume, By Others, 2016 - 2026F |
7 Oman Metal Forging Market Import-Export Trade Statistics |
7.1 Oman Metal Forging Market Export to Major Countries |
7.2 Oman Metal Forging Market Imports from Major Countries |
8 Oman Metal Forging Market Key Performance Indicators |
9 Oman Metal Forging Market - Opportunity Assessment |
9.1 Oman Metal Forging Market Opportunity Assessment, By Raw Material, 2019 & 2026F |
9.2 Oman Metal Forging Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Oman Metal Forging Market - Competitive Landscape |
10.1 Oman Metal Forging Market Revenue Share, By Companies, 2019 |
10.2 Oman Metal Forging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |