Isostatic Pressing Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast (2021 – 2026)
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• Isostatic pressing market is expected to reach $12.2 million by 2026 at a CAGR of 8.8% during the forecast period 2021-2026, owing to growing demand for high-density and low-porosity materials in 3D printed parts. • In addition, growing investment by aerospace and defense players in the installation of Hot isostatic pressing (HIP) technology is a key opportunity for the growth of the isostatic pressing market players and investments made by several companies for installation of isostatic pressing is also analyzed to drive the market growth.
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Key Takeaways Isostatic pressing in North America has held highest share of 35% in the forecast period, owing to demand for HIP-processed products in various industries, including precision manufacturing, aerospace & defense, and automotive. Large-Sized HIP is growing at the highest CAGR of 10.8% in the forecast period. The large capacities of HIP systems allow the densification of larger products and batches, reduce per-unit processing costs, and help customers to have a greater competitive advantage in the market. Growth of aerospace and defense industries is positively impacting the adoption of advanced isostatic pressing method Contact: (+1) 970-2363677 Email: sales@industryarc.com
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By Distribution Channel- Segment Analysis Large-Sized HIP is growing at the highest CAGR of 10.8% in the forecast period. These large capacities of HIP systems allow the densification of larger products and powder metallurgy batches, reduce per-unit processing costs, and help customers to have a greater competitive advantage in the market. The growth of this market is attributed to the increasing need for HIP in the large-size products manufacturing applications in various industries, such as aerospace & defense, automotive, and precision machinery manufacturing. Moreover rising adoption of HIP is also analysed to drive the market growth. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Isostatic pressing Market Industry Outlook • • • • • • • • • •
Pressure Technology Inc. Kittyhawk Products Quad City Manufacturing Lab Kobe Steel Ltd. Bodycote Kennametal Inc. Arconic Nikkiso Co.Ltd. Höganäs AB Shanxi Golden
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Isostatic Pressing Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast (2021 – 2026) Learn More About the Report
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