Industry: Machinery & Equipment
Published Date: 2026-01-16
Pages: 131 Pages
Report ld: 5703755
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Nuclear Forgings Market Size(US$)

CAGR 2026-2032
6.7%
Market Size,2032
USD 2,401
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global Nuclear Forgings market was valued at US$ 1535 million in 2025 and is anticipated to reach US$ 2401 million by 2032, at a CAGR of 6.7% from 2026 to 2032.
Nuclear forgings are high-integrity components manufactured through forging processes for critical nuclear power plant equipment, including reactor pressure vessels, steam generators, and pressurizers. Fabricated from specialized alloys (e.g., SA-508 steel), they undergo controlled deformation to enhance grain structure and mechanical properties. These forgings must withstand extreme conditions: high temperature/pressure, neutron irradiation, and corrosion throughout a 60-year service life.
Nuclear forgings are critical components in nuclear power plants, widely used in reactor pressure vessels, steam generators, main pipes, and other key systems. These forgings must possess exceptional strength, corrosion resistance, and high-temperature durability. With the global push toward low-carbon energy, nuclear power is regaining prominence as a stable, clean energy source, driving steady demand for nuclear-grade forgings. Emerging economies such as China and India are accelerating nuclear power deployment, while the U.S. and European countries are revisiting nuclear strategies. The market outlook is strong, supported by increasing government investments, policy support, and rising energy security concerns. Technological advancements in forging processes, materials science, and strict quality control will further enhance industry competitiveness and ensure long-term development.
Doosan Enerbility is the largest producer in the nuclear forgings market, with a market share of more than 20%. The Asia-Pacific region is the largest market for nuclear castings and forgings, followed by Europe and North America.
This report delivers a comprehensive overview of the global Nuclear Forgings market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding Nuclear Forgings. The Nuclear Forgings market size, estimates, and forecasts are provided in terms of revenue (US$ millions), with 2025 as the base year and historical and forecast data for 2021–2032.
The report segments the global Nuclear Forgings market comprehensively. Regional market sizes by Type, by Application, , and by player are also provided. For deeper insight, the report profiles the competitive landscape, key competitors, and their respective market rankings, and discusses technological trends and new product developments.
This report will assist Nuclear Forgings manufacturers, new entrants, and companies across the industry value chain with information on revenues, sales volume, and average prices for the overall market and its sub-segments, by company, by Type, by Application, and by region.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Defines the scope of the report and presents an executive summary of market segments (by Type, by Application, , etc.), including the size of each segment and its future growth potential. It offers a high-level view of the current market and its likely evolution in the short, medium, and long term.
Chapter 2: Summarizes global and regional market size and outlines market dynamics and recent developments, including key drivers, restraints, challenges and risks for industry participants, and relevant policy analysis.
Chapter 3: Provides a detailed view of the competitive landscape for Nuclear Forgings companies, covering revenue share, development plans, and mergers and acquisitions.
Chapter 4: Analyzes segments by Type, detailing the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 5: Analyzes segments by Application, detailing the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 6–10: Regional deep dives (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) broken down by country. Each chapter quantifies market size and growth potential by region and key countries, and outlines market development, outlook, addressable space, and capacity.
Chapter 11: Profiles key players, presenting essential information on leading companies, including product/ service offerings, revenue, gross margin, product introductions/portfolios, recent developments, etc.
Chapter 12: Key findings and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Nuclear Forgings Market Size Growth Rate by Type: 2021 vs 2025 vs 2032
1.2.2 Pressure Shell
1.2.3 Reactor Components
1.3 Market by Application
1.3.1 Global Nuclear Forgings Market Growth by Application: 2021 vs 2025 vs 2032
1.3.2 Nuclear Island
1.3.3 Conventional Island
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Nuclear Forgings Market Perspective (2021–2032)
2.2 Global Nuclear Forgings Growth Trends by Region
2.2.1 Global Nuclear Forgings Market Size by Region: 2021 vs 2025 vs 2032
2.2.2 Nuclear Forgings Historic Market Size by Region (2021–2026)
2.2.3 Nuclear Forgings Forecasted Market Size by Region (2027–2032)
2.3 Nuclear Forgings Market Dynamics
2.3.1 Nuclear Forgings Industry Trends
2.3.2 Nuclear Forgings Market Drivers
2.3.3 Nuclear Forgings Market Challenges
2.3.4 Nuclear Forgings Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Nuclear Forgings Players by Revenue
3.1.1 Global Top Nuclear Forgings Players by Revenue (2021–2026)
3.1.2 Global Nuclear Forgings Revenue Market Share by Players (2021–2026)
3.2 Global Top Nuclear Forgings Players Market Share by Company Tier (Tier 1, Tier 2, Tier 3)
3.3 Global Key Players Ranking by Nuclear Forgings Revenue
3.4 Global Nuclear Forgings Market Concentration Ratio
3.4.1 Global Nuclear Forgings Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Nuclear Forgings Revenue in 2025
3.5 Global Key Players of Nuclear Forgings Head Offices and Areas Served
3.6 Global Key Players of Nuclear Forgings, Products and Applications
3.7 Global Key Players of Nuclear Forgings, Date of General Availability (GA)
3.8 Mergers and Acquisitions, Expansion Plans
4 Nuclear Forgings Breakdown Data by Type
4.1 Global Nuclear Forgings Historic Market Size by Type (2021–2026)
4.2 Global Nuclear Forgings Forecasted Market Size by Type (2027–2032)
5 Nuclear Forgings Breakdown Data by Application
5.1 Global Nuclear Forgings Historic Market Size by Application (2021–2026)
5.2 Global Nuclear Forgings Forecasted Market Size by Application (2027–2032)
6 North America
6.1 North America Nuclear Forgings Market Size (2021–2032)
6.2 North America Nuclear Forgings Market Growth Rate by Country: 2021 vs 2025 vs 2032
6.3 North America Nuclear Forgings Market Size by Country (2021–2026)
6.4 North America Nuclear Forgings Market Size by Country (2027–2032)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Nuclear Forgings Market Size (2021–2032)
7.2 Europe Nuclear Forgings Market Growth Rate by Country: 2021 vs 2025 vs 2032
7.3 Europe Nuclear Forgings Market Size by Country (2021–2026)
7.4 Europe Nuclear Forgings Market Size by Country (2027–2032)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Ireland
8 Asia-Pacific
8.1 Asia-Pacific Nuclear Forgings Market Size (2021–2032)
8.2 Asia-Pacific Nuclear Forgings Market Growth Rate by Region: 2021 vs 2025 vs 2032
8.3 Asia-Pacific Nuclear Forgings Market Size by Region (2021–2026)
8.4 Asia-Pacific Nuclear Forgings Market Size by Region (2027–2032)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia & New Zealand
9 Latin America
9.1 Latin America Nuclear Forgings Market Size (2021–2032)
9.2 Latin America Nuclear Forgings Market Growth Rate by Country: 2021 vs 2025 vs 2032
9.3 Latin America Nuclear Forgings Market Size by Country (2021–2026)
9.4 Latin America Nuclear Forgings Market Size by Country (2027–2032)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Nuclear Forgings Market Size (2021–2032)
10.2 Middle East & Africa Nuclear Forgings Market Growth Rate by Country: 2021 vs 2025 vs 2032
10.3 Middle East & Africa Nuclear Forgings Market Size by Country (2021–2026)
10.4 Middle East & Africa Nuclear Forgings Market Size by Country (2027–2032)
10.5 Israel
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Doosan Enerbility
11.1.1 Doosan Enerbility Company Details
11.1.2 Doosan Enerbility Business Overview
11.1.3 Doosan Enerbility Nuclear Forgings Introduction
11.1.4 Doosan Enerbility Revenue in Nuclear Forgings Business (2021–2026)
11.1.5 Doosan Enerbility Recent Development
11.2 Japan Steel Works M&E
11.2.1 Japan Steel Works M&E Company Details
11.2.2 Japan Steel Works M&E Business Overview
11.2.3 Japan Steel Works M&E Nuclear Forgings Introduction
11.2.4 Japan Steel Works M&E Revenue in Nuclear Forgings Business (2021–2026)
11.2.5 Japan Steel Works M&E Recent Development
11.3 China First Heavy Industries
11.3.1 China First Heavy Industries Company Details
11.3.2 China First Heavy Industries Business Overview
11.3.3 China First Heavy Industries Nuclear Forgings Introduction
11.3.4 China First Heavy Industries Revenue in Nuclear Forgings Business (2021–2026)
11.3.5 China First Heavy Industries Recent Development
11.4 RongFa Nuclear Equipment
11.4.1 RongFa Nuclear Equipment Company Details
11.4.2 RongFa Nuclear Equipment Business Overview
11.4.3 RongFa Nuclear Equipment Nuclear Forgings Introduction
11.4.4 RongFa Nuclear Equipment Revenue in Nuclear Forgings Business (2021–2026)
11.4.5 RongFa Nuclear Equipment Recent Development
11.5 Framatome
11.5.1 Framatome Company Details
11.5.2 Framatome Business Overview
11.5.3 Framatome Nuclear Forgings Introduction
11.5.4 Framatome Revenue in Nuclear Forgings Business (2021–2026)
11.5.5 Framatome Recent Development
11.6 Sinomach Heavy Equipment
11.6.1 Sinomach Heavy Equipment Company Details
11.6.2 Sinomach Heavy Equipment Business Overview
11.6.3 Sinomach Heavy Equipment Nuclear Forgings Introduction
11.6.4 Sinomach Heavy Equipment Revenue in Nuclear Forgings Business (2021–2026)
11.6.5 Sinomach Heavy Equipment Recent Development
11.7 Shanghai Electric SHMP Casting & Forging
11.7.1 Shanghai Electric SHMP Casting & Forging Company Details
11.7.2 Shanghai Electric SHMP Casting & Forging Business Overview
11.7.3 Shanghai Electric SHMP Casting & Forging Nuclear Forgings Introduction
11.7.4 Shanghai Electric SHMP Casting & Forging Revenue in Nuclear Forgings Business (2021–2026)
11.7.5 Shanghai Electric SHMP Casting & Forging Recent Development
11.8 LARSEN & TOUBRO LIMITED
11.8.1 LARSEN & TOUBRO LIMITED Company Details
11.8.2 LARSEN & TOUBRO LIMITED Business Overview
11.8.3 LARSEN & TOUBRO LIMITED Nuclear Forgings Introduction
11.8.4 LARSEN & TOUBRO LIMITED Revenue in Nuclear Forgings Business (2021–2026)
11.8.5 LARSEN & TOUBRO LIMITED Recent Development
11.9 Sheffield Forgemasters
11.9.1 Sheffield Forgemasters Company Details
11.9.2 Sheffield Forgemasters Business Overview
11.9.3 Sheffield Forgemasters Nuclear Forgings Introduction
11.9.4 Sheffield Forgemasters Revenue in Nuclear Forgings Business (2021–2026)
11.9.5 Sheffield Forgemasters Recent Development
11.10 Scot Forge
11.10.1 Scot Forge Company Details
11.10.2 Scot Forge Business Overview
11.10.3 Scot Forge Nuclear Forgings Introduction
11.10.4 Scot Forge Revenue in Nuclear Forgings Business (2021–2026)
11.10.5 Scot Forge Recent Development
11.11 Somers Forge
11.11.1 Somers Forge Company Details
11.11.2 Somers Forge Business Overview
11.11.3 Somers Forge Nuclear Forgings Introduction
11.11.4 Somers Forge Revenue in Nuclear Forgings Business (2021–2026)
11.11.5 Somers Forge Recent Development
11.12 Seo Koatsu Kogyo
11.12.1 Seo Koatsu Kogyo Company Details
11.12.2 Seo Koatsu Kogyo Business Overview
11.12.3 Seo Koatsu Kogyo Nuclear Forgings Introduction
11.12.4 Seo Koatsu Kogyo Revenue in Nuclear Forgings Business (2021–2026)
11.12.5 Seo Koatsu Kogyo Recent Development
11.13 SeAH Besteel
11.13.1 SeAH Besteel Company Details
11.13.2 SeAH Besteel Business Overview
11.13.3 SeAH Besteel Nuclear Forgings Introduction
11.13.4 SeAH Besteel Revenue in Nuclear Forgings Business (2021–2026)
11.13.5 SeAH Besteel Recent Development
11.14 MYSCO
11.14.1 MYSCO Company Details
11.14.2 MYSCO Business Overview
11.14.3 MYSCO Nuclear Forgings Introduction
11.14.4 MYSCO Revenue in Nuclear Forgings Business (2021–2026)
11.14.5 MYSCO Recent Development
11.15 North American Forgemasters
11.15.1 North American Forgemasters Company Details
11.15.2 North American Forgemasters Business Overview
11.15.3 North American Forgemasters Nuclear Forgings Introduction
11.15.4 North American Forgemasters Revenue in Nuclear Forgings Business (2021–2026)
11.15.5 North American Forgemasters Recent Development
11.16 Patriot Forge
11.16.1 Patriot Forge Company Details
11.16.2 Patriot Forge Business Overview
11.16.3 Patriot Forge Nuclear Forgings Introduction
11.16.4 Patriot Forge Revenue in Nuclear Forgings Business (2021–2026)
11.16.5 Patriot Forge Recent Development
11.17 Iraeta
11.17.1 Iraeta Company Details
11.17.2 Iraeta Business Overview
11.17.3 Iraeta Nuclear Forgings Introduction
11.17.4 Iraeta Revenue in Nuclear Forgings Business (2021–2026)
11.17.5 Iraeta Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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