Isostatic Pressing Market Outlook-2026
Isostatic pressing is a type of powder compaction method. The process of isostatic pressing involves the application of pressure from various directions through a gaseous or liquid medium surrounding the compacted part. The uniqueness of isostatic pressing is that it does not include any die to control shape of components. Hence, it is generally used for making complex shapes. Isostatic pressing is mainly differentiated in two types, i.e., hot isostatic pressing and cold isostatic pressing. Cold isostatic pressing is a powder-forming process where compaction takes place under isostatic or near-isostatic pressure conditions. Hot isostatic pressing (HIP) involves isostatic pressing conducted at increased temperature. The main benefit of isostatic pressing is that it produces a uniform density distribution. Moreover, in isostatic pressing technique the ejection stage is avoided, which in turn reduces the pressing defects. This technique enables the removal of residual pores in castings.
The increase in demand for high-density and low-porosity materials in 3D printed parts is the key factor that drives the growth of the isostatic pressing market. Isostatic pressing has a wide range of applications in several industrial verticals such as automotive, aerospace & defense, medical, precision machine manufacturing, and energy & power. Furthermore, isostatic pressing is used to manufacture various automotive components such as spark plug insulators and carbide tools. In addition, increase in inclination toward developing low-cost products with shorter cycle times is also expected to fuel the market growth. Moreover, growing demand for combining HIP with other heat treatment processes boosts the growth of the isostatic pressing market. However, high initial cost of isostatic press restrains the market growth. In addition, lack of skilled workforce to operate isostatic pressing equipment also impend the isostatic pressing market growth.
Some of the major factors that drive the growth of the isostatic pressing market include increase in demand for high-density and low-porosity materials in 3D printed parts, rise in inclination toward developing low-cost products with shorter cycle times, and growth in demand for combining HIP with other heat treatment processes. However, high initial cost of isostatic press is expected to restrain the market growth. Each of these factors is anticipated to have a definite impact on the Isostatic pressing market during the forecast period.
The Isostatic pressing market is segmented based on offering, type, HIP capacity, CIP process type, application, and region. Based on offering, the market is bifurcated into systems and services. By type, it is categorized into hot isostatic pressing and cold isostatic pressing. Based on HIP capacity, it is divided into small-sized HIP, medium-sized HIP, and large-sized HIP. By CIP process type, the market is categorized into dry bag pressing, and wet bag pressing. Based on Application, it is classified into automotive, aerospace & defense, medical, precision machine manufacturing, and energy & power. Based on region, the market is analyzed across Europe, Asia-Pacific, North America, and LAMEA.
The major companies profiled in the global isostatic pressing industry include Kobe Steel, Bodycote, Kennametal, Arconic, Nikkiso, American Isostatic Presses (API), Engineered Pressure Systems (EPSI), Pressure Technology, Shanxi Golden Kaiyuan (SXKYYC), and Fluitron, and others.
KEY BENEFITS FOR STAKEHOLDERS
- This study comprises analytical depiction of the global isostatic pressing market trends with current trends and future estimations to depict the imminent investment pockets.
- The overall potential is determined to understand the profitable trends to gain a stronger foothold.
- The global isostatic pressing market analysis report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
- The current market forecast is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
KEY MARKET SEGMENTS
- Hot Isostatic Pressing
- Cold Isostatic Pressing
By HIP Capacity
- Small-Sized HIP
- Medium-Sized HIP
- Large-Sized HIP
By CIP Process Type
- Dry Bag Pressing
- Wet Bag Pressing
- Aerospace & Defense
- Precision Machine Manufacturing
- Energy & Power
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East