Global Isostatic Pressing Market Report: Industry Size, Share, Statistics, Companies - 2028
Author : Steve Stark | Published On : 24 Jan 2024
Isostatic pressing is a vital manufacturing process that plays a significant role in shaping various industries, from aerospace to automotive, ceramics to electronics. The Global Isostatic Pressing Report provides a comprehensive overview of the industry, delving into key aspects such as market size, share, statistics, prominent companies, and growth analysis.
Global Isostatic Pressing Market Size and Share:
Global isostatic pressing market report provides a comprehensive overview of the industry, delving into key aspects such as market size, share, statistics, prominent companies, and growth analysis. According to MarketsandMarkets latest research report, Isostatic pressing industry is expected to grow from USD 8.1 billion in 2023 to USD 11.7 billion by 2028, registering a CAGR of 7.6% during the forecast period.
Asia Pacific to grow at highest CAGR during the forecast period.
The robust growth of the isostatic pressing market in the Asia-Pacific region can be attributed to several key factors. These include the rapid pace of industrialization, new markets, technological advancements, the expanding automotive and aerospace sectors, the growth of electronics manufacturing, supportive government policies, and the increasing emphasis on energy and environmental technologies. Moreover, the increase in demand for low-cost and reliable metal and ceramic products for various applications and rising preference for custom implants (in medical applications) due to better and more efficient recovery are expected to propel the demand for isostatic pressing in the region.
Top Isostatic Pressing Companies – Key Market Players
The Isostatic pressing companies players have implemented various organic and inorganic growth strategies, such as product launches, collaborations, partnerships, and acquisitions, to strengthen their offerings in the market. The major players in the market are Kobe Steel, Ltd. (Japan), Bodycote (UK), Kennametal, Inc. (US), Nikkiso., Ltd. (Japan), DORST Technologies GmbH & Co. KG (Germany), American Isostatic Presses, Inc (US), EPSI (US), Pressure Technology, Inc. (US), Shanxi Golden Kaiyuan Co., Ltd. (China)
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Isostatic Pressing Market Statistics and Growth Trends:
Detailed statistics are presented in the report, shedding light on the historical performance and current trends within the isostatic pressing industry. The analysis includes data on market revenue, production volume, and consumption patterns. Additionally, the report highlights growth trends, identifying key factors contributing to the expansion of the isostatic pressing market.
