A comprehensive industry overview and market perspective are included in the latest study from MarkNtel Advisors titled Global Isostatic Pressing Market. The research provides a detailed overview of the current market state, including market trends and the most recent advancements made globally. In-depth analysis of market size, share, industry trends, forecast, and competitive environment is covered in the report that presents clear picture of the market with relevant statistical data.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Global Isostatic Pressing Market Definition:
Isostatic Pressing (IP), also known as isostatic compaction, is a process that involves placing the powdered material inside a flexible mold and subjecting it to hydrostatic pressure using a fluid medium uniformly in all directions in order to ensure that the material is compacted evenly. IP is used extensively in industries that require high-quality, dense, uniform materials with specific properties.
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Global Isostatic Pressing Market Insights:
The Global Isostatic Pressing Market is anticipated to grow at a CAGR of around 7.9% during the forecast period, i.e., 2023-28.
Global Isostatic Pressing Market Key Driver:
Rising Demand for Advanced Materials with Superior Performance Characteristics - Industries like aerospace defense, automotive, energy, healthcare, electronics are witnessing a rapidly growing need for advanced materials with enhanced properties. IP enables the production of materials with improved strength, density, uniformity, structural integrity, which offer superior performance, durability, reliability. Moreover, it also allows for the production of complex components with intricate geometries internal structures required in sectors like aerospace automotive. Hence, the mounting demand in various industries for advanced materials with excellent performance characteristics is the prime aspect projected to drive the Global Isostatic Pressing Market during 2023-28.
Global Isostatic Pressing Market Leading Key Players:
Kobe Steel, Ltd., Bodycote, Kennametal Inc., Nikkiso., Ltd., DORST Technologies GmbH Co. KG, American Isostatic Presses, Inc., EPSI, Pressure Technology, Inc., Shanxi Golden Kaiyuan Co., Ltd., Fluitron, Inc., MIT Corporation, Frey Co., Aegis Technologies, Quad City Manufacturing Laboratory (QCML), Kittyhawk, Others
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Global Isostatic Pressing Market Segmentation:
Based on Offering
- System - Market Size Forecast 2018-2028, (USD Million)
- Services- Market Size Forecast 2018-2028, (USD Million)
Based on Type
- Hot- Market Size Forecast 2018-2028, (USD Million)
- Cold- Market Size Forecast 2018-2028, (USD Millions)
Based on HIP Capacity
- Small- Market Size Forecast 2018-2028, (USD Million)
- Medium- Market Size Forecast 2018-2028, (USD Million)
- Large- Market Size Forecast 2018-2028, (USD Million)
Based on CIP Process
- Wet Bag pressing- Market Size Forecast 2018-2028, (USD Million)
- Dry Bag Pressing- Market Size Forecast 2018-2028, (USD Million)
Based on End-User
- Automotive- Market Size Forecast 2018-2028, (USD Million)
- Aerospace and Defense- Market Size Forecast 2018-2028, (USD Million)
- Medical- Market Size Forecast 2018-2028, (USD Million)
- Manufacturing- Market Size Forecast 2018-2028, (USD Million)
- Energy and Power- Market Size Forecast 2018-2028, (USD Million)
- Research Development- Market Size Forecast 2018-2028, (USD Million)
- Others- Market Size Forecast 2018-2028, (USD Million)
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Global Isostatic Pressing Market Geographical Analysis
By Region
- North America
- South America
- Europe
- The Middle East and Africa
- Asia-Pacific
Recent Development of Global Isostatic Pressing Market:
February 2023: Kennametal Inc., a leader in metal-cutting tools and solutions, introduced a new, higher-performance turning grade, KCP25C, with advanced coating technology, KENGold™, i.e., is the first choice for metal-cutting inserts with improved wear and higher metal removal rates for steel-turning applications.
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