研判2025！中国航空锻件行业相关政策、产业链、发展现状、竞争格局及发展趋势分析：下游需求不足，企业业绩承压[图]

Core Viewpoint - The aviation forging industry in China is experiencing growth, with a production increase of 4.20% in 2023, reaching 13.708 million tons, despite facing challenges in 2022 due to changes in the automotive sector. The industry is characterized by intense competition and a lack of strong players capable of producing aviation forgings, but future growth is anticipated as technology improves [1][12]. Industry Overview - Aviation forgings are critical components in aircraft and engines, directly affecting reliability and lifespan. The production process involves multiple stages, including material selection, forging precision, and quality stability, making it a high-end manufacturing sector [2]. - The aviation forging industry can be categorized into three types based on forming mechanisms: die forging, ring rolling, and free forging, with die forging being the most common method used [2]. Policy Developments - The Chinese government has implemented several policies to promote the aviation forging industry, including the 2023 guidance on high-quality development, which aims for breakthroughs in high-end casting and forging products by 2025 [3][6]. - The 2023 "Green Aviation Manufacturing Development Outline" aims to enhance energy-saving, emission reduction, and noise reduction in civil aircraft by 2025, indicating a shift towards sustainable practices in the industry [6]. Industry Chain - The upstream of the aviation forging industry includes raw materials such as titanium alloys, high-temperature alloys, and high-strength steel. The midstream involves the production and manufacturing of forgings, while the downstream consists of assembly by aircraft and engine manufacturers [7]. Material Insights - Titanium alloys are essential for aviation forgings due to their high strength-to-weight ratio and corrosion resistance. The production of titanium alloys in China has been increasing, with a reported output of 135,900 tons in 2021, a 40.10% increase year-on-year [9]. - High-temperature alloys, crucial for gas turbine engines, accounted for over 40% of engine weight, with a production of 38,000 tons in 2021, reflecting a 15.15% increase from the previous year [10]. Market Demand - The demand for aviation forgings is supported by the increasing number of civil and military aircraft in China. As of 2023, the total number of civil transport aircraft reached 4,270, a 2.52% increase from the previous year, while military aircraft numbers also saw a slight increase [14]. Competitive Landscape - The aviation forging industry faces significant barriers, including technology, qualifications, customer recognition, and capital equipment. Major players include state-owned enterprises and specialized private companies, with key participants being AVIC Heavy Machinery, Triangle Defense, and Parker New Materials [16][19]. Future Trends - The industry is expected to see advancements in technology, with a focus on precision cold and hot forging techniques, enhancing product quality and performance [21]. - A shift towards green manufacturing practices is anticipated, driven by stricter environmental regulations, which will require companies to optimize production processes to reduce energy consumption and emissions [22]. - The demand for larger and more complex components in aircraft is pushing the industry towards larger and integrated forging solutions, particularly for high-performance military aircraft [23]. - Increased international cooperation and exchange are expected to enhance the competitiveness of the Chinese aviation forging industry on a global scale [24].