0
2021
Isostatic Pressing Market

Isostatic Pressing Market

by Offering (Services and Systems), Type (Hot Isostatic Pressing and Cold Isostatic Pressing), HIP Capacity (Small-Sized HIP, Medium-Sized HIP, and Large-Sized HIP), CIP Process Type (Dry-Bag Pressing and Wet-Bag Pressing), Application (Automotive, Aerospace & Defense, Medical, Precision Machine Manufacturing, Energy & Power, and Others): Opportunity Analysis and Industry Forecast, 2020-2027

Report Code: A05547
Pages: 262
Apr 2021 | 6117 Views
Author(s) : Ruchal H, Himanshu J , Vineet K
Tables: 162
Charts: 65
  • Formats*:

  • pdf

    Single User License, Five User
    License & Enterprise User License

  • xls

    Data Pack Excel License

  • ppt

    It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Isostatic Pressing Market

Request Now !

The global isostatic pressing market size was valued at $5.81 billion in 2019, and is projected to reach $7.97 billion by 2027, registering a CAGR of 6.0% from 2020 to 2027.  

The precision machine manufacturing segment impacted adversely with the outbreak of COVID-19 pandemic.

Isostatic pressing are systems designed to use fluid (such as water or oil) or a gas (generally argon (Ar)) pressure to modify materials by uniformly pressuring them in all directions to achieve maximum uniformity of density. Isostatic pressing process can be done at high temperature as well as room temperature (cold). 

Isostatic-Pressing-Market,-2020-2027

Cold isostatic pressing is used to produce very large and complex spare parts where the initial cost is unjustified. Hot isostatic pressing is similar as cold isostatic pressing but is conducted at high temperatures. In addition, uniform density distribution acts as a key driver for growth of isostatic pressing systems globally. Moreover, isostatic pressing technique enables removal of human error, which reduces any pressing flaws. 

Isostatic pressing is popular for use in automotive, healthcare, and aerospace & defense industries, owing to demand for low-penetrability material in 3D printed parts. Moreover, isostatic pressing has the capacity to increase the density of metals and lower tooling costs. Furthermore, isostatic pressing offers a large range of ceramic products such as balls, tubes, fuse tubes, lighting tubes, and spark plug insulators. Rise in demand for products with a short development cycle is expected to propel the isostatic pressing market growth in the coming years. 

The isostatic pressing industry is expected to witness growth during the forecast period, owing to rapid rise in demand for products with short production cycle in the healthcare sector. Moreover, rise in demand for additive manufacturing or 3D printing technology in the automotive sector, owing to surge in demand for low-cost spare parts manufacturing technique drives growth of the global isostatic pressing market growth. However, hot isostatic pressing comprises five major components such as pressure vessel and electrical system, which requires high initial investments. This, in turn, hampers demand for isostatic pressing in developing countries.  

Risks regarding competition with global players in the isostatic pressing market acts as a major challenge for small isostatic pressing manufacturers in developing countries. Increase in use of additive manufacturing technology in the defense sector is expected to provide significant opportunities for isostatic pressing technology. 

The COVID-10 outbreak has declined growth rate in production and manufacturing sectors in 2020, and the market is estimated to witness relatively slow growth till the end of 2021. Moreover, the COVID-19 has caused a significant and protracted drop in traveling bans and facilities, keeping workforce out of their factories; thus, influencing the isostatic pressing market share. Furthermore, markets such as automotive, healthcare, and aerospace were primarily hit by several obstacles created amid the COVID-19 pandemic. However, industries such as healthcare and energy & power have witnessed considerable growth during the COVID-19 outbreak, which is expected to propel demand for the isostatic pressing market in the coming year.  

Isostatic Pressing Market
By Offering

Your browser does not support the canvas element.

Services segment is projected as one of the most lucrative segments.

Get more information on this report : Request Sample Pages

The isostatic pressing market share is analyzed by offering, type, HIP capacity, CIP process type, application, and region. On the basis of offering, it is fragmented into services and systems. The systems segment dominated the market, in terms of revenue in 2019, and is expected to follow the same trend during the forecast period. On the basis of type, it is segregated into hot isostatic pressing (HIP) and cold isostatic pressing (CIP). The hot isostatic pressing (HIP) segment dominated the market, in terms of revenue in 2019, however, the cold isostatic pressing (CIP) segment is projected to witness significant market share during the forecast period. By HIP capacity, it is divided into small-sized HIP, medium-sized HIP, and large-sized HIP. The global isostatic pressing market share of large-sized HIP segment accounted highest in 2019, and is expected to follow the same trend during the forecast period. By CIP process type, it is bifurcated into dry-bag pressing and wet-bag pressing. The dry pressing bag segment accounted for a major share in the global isostatic pressing market in 2019, however, the wet-bag pressing segment is expected to witness highest CAGR during the forecast period. 

By application, the market is segregated into automotive, aerospace & defense, medical, precision machine manufacturing, energy & power, and others. The aerospace & defense segment accounted for the major share in the global isostatic pressing market in 2019, however, the automotive segment is expected to witness highest CAGR during the forecast period.  By region, the isostatic press market trends are analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America dominated the market, in terms of revenue in 2019, and is expected to follow the same trend during the forecast period.

Isostatic Pressing Market
By Application

Your browser does not support the canvas element.

Automotive segment is expected to secure leading position during forecast period.

Get more information on this report : Request Sample Pages

Top Impacting Factors

Significant factors that impact growth of the global isostatic pressing industry include surge in demand for hip coupled with other heat treatment processes, rise in demand for products with short development cycle, and rise in demand for additive manufacturing techniques. However, high initial investments in hot isostatic pressing, and isostatic pressing machinery requires a professional workforce to operate, which hampers growth of the market. On the contrary, surge in demand for low-cost titanium alloys in automotive sector, and growth in need for low cost medical applications in healthcare industry is anticipated to provide lucrative opportunities for the isostatic pressing market during the forecast period.

Competition Analysis

Competitive analysis and profiles of the major global isostatic pressing market players such as American Isostatic Presses (API), DORST Technologies GmbH & Co.KG, Bodycote PLC, Engineered Pressure Systems (EPSI), Fluitron, Inc., Kobe Steel, Ltd., Nikkiso Co. Ltd., Pressure Technology, Inc., Shanxi Golden Kaiyuan Co. Ltd. are provided in this report. 

Isostatic Pressing Market
By Region

2027
North America 
Europe
Asia-Pacific
LAMEA

Asia-Pacific would exhibit the highest CAGR of 7.7% during 2020-2027

Get more information on this report : Request Sample Pages

Key Benefits For Stakeholders

  • This study comprises analytical depiction of the global isostatic pressing market size along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall global isostatic pressing market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current global isostatic pressing market forecast is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the global isostatic pressing market.
  • The report includes the global isostatic pressing market share of key vendors and market trends.

Key Market Segments

By Offering

  • Services
  • Systems

By Type

  • Hot Isostatic Pressing
  • Cold Isostatic Pressing 

By Hip Capacity

  • Small-Sized Pressing
  • Medium-Sized Pressing
  • Large-Sized Pressing

By Cip Process Type

  • Dry-Bag Pressing
  • Wet-Bag Pressing

By Application

  • Automotive
  • Aerospace & Defense
  • Medical
  • Precision Machine Manufacturing
  • Energy & Power
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Isostatic Pressing Market Report Highlights

Aspects Details
By Offering
  • Services
  • Systems
By Type
  • Hot Isostatic Pressing
  • Cold Isostatic Pressing
By Hip Capacity
  • Small-Sized Pressing
  • Medium-Sized Pressing
  • Large-Sized Pressing
By Cip Process Type
  • Dry-Bag Pressing
  • Wet-Bag Pressing
By Application
  • Automotive
  • Aerospace & Defense
  • Medical
  • Precision Machine Manufacturing
  • Energy & Power
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
Key Market Players NIKKISO CO., LTD., ENGINEERED PRESSURE SYSTEMS (EPSI), ARCONIC, .BODYCOTE PLC, FLUITRON, INC., AMERICAN ISOSTATIC PRESSES (AIP), SHANXI GOLDEN KAIYUAN CO., LTD., DORST TECHNOLOGIES GmbH & CO. KG, KOBE STEEL, LTD., PRESSURE TECHNOLOGY, INC.
 

Loading Table Of Content...


 
 

Isostatic pressing is a traditional forming process in powder metallurgy. However, with advancements in technology and emergence of additive manufacturing, commonly known as 3D printing, the isostatic pressing market has gained momentum. Moreover, integration of heat treatment processes with isostatic pressing leverages manufacturing process, which saves time and cost to produce any component.

Market players are striving to gain maximum opportunities from growing isostatic pressing market by planning their strategies meticulously. Strategic partnership, collaboration, and product launches are some of the prominent strategies adopted by key market players of the isostatic pressing market. For instance, Quintus Technologies, a leading manufacturer in high pressure technology developed world’s fastest fan-driven hot isostatic press (HIP) for Italy’s PRES-X to meet post-production needs of 3D printed metal components. 

The market players are expanding their business to new industry verticals by developing new isostatic presses to reach new customer base. For instance, Spanish high-pressure processing (HPP) equipment supplier, Hiperbaric expanded its business to additive manufacturing segment with introduction of a hot isostatic pressing (HIP) system that is specifically designed for metal 3D printing.

The key players profiled in the report include American Isostatic Presses (API), DORST Technologies GmbH & Co.KG, Bodycote PLC, Engineered Pressure Systems (EPSI), Fluitron, Inc., Kobe Steel, Ltd., Nikkiso Co. Ltd., Pressure Technology, Inc., Shanxi Golden Kaiyuan Co. Ltd.

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : +44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS

Purchase Full Report of
Isostatic Pressing Market

Start reading instantly.
This Report and over 53,854+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,712
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Apr 2022 - Apr 2023)
  • Data Pack
  • $4,125
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Apr 2022 - Apr 2023)
  • Single User
  • $5,769
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Apr 2022 - Apr 2023)
  • Five Users
  • $6,929
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Apr 2022 - Apr 2023)
  • Enterprise
    License/PDF

  • $10,663
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Apr 2022 - Apr 2023)
  • Library
    Membership

  • $999 $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers