Market Overview:
The global investment casting market is expected to exhibit moderate growth during 2021-2026. Looking forward, IMARC Group expects the market to grow at a CAGR of around 4% during the forecast period (2021-2026). Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.
Investment casting, or lost-wax casting, refers to an industrial manufacturing process that involves dipping of wax patterns or structures into the slurry of refractory material to form a ceramic, plaster or plastic shell. The wax pattern is further melted into a furnace and metal is poured into the shell to create a casting. This process is commonly used to manufacture machinery components, automotive components, turbine blades, dental fixtures, etc. It minimizes the wastage of energy, material and subsequent machining and aids in creating intricate designs with accurate and smooth finishing. As a result, this process finds extensive applications across various industries, such as automotive, aerospace, military, medical and oil and gas.
Investment Casting Market Trends:
Significant growth in the aviation and aerospace industry in recent years is one of the key factors creating a positive impact on the market. In line with this, investment casting processes are extensively used in the manufacturing of military aircraft, jets, launch vehicles, helicopters, and commercial transport vehicles. Furthermore, increasing environmental consciousness and enhanced focus on sustainable development are also driving the market growth. The wax used for investment casting is usually melted and reused for manufacturing components of different shapes and sizes. Additionally, various technological advancements, such as improvements in casting processes through simulations and the utilization of metal additive manufacturing practices, all-in-one 3D printing, X-ray defect detection and casting and forging techniques, are acting as other growth-inducing factors. These processes aid in the production of cost-effective, stable and structurally durable products. Other factors, including rapid industrialization, along with extensive research and development (R&D) activities, are anticipated to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global investment casting market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, process type, material and application.
Breakup by Process Type:
- Sodium Silicate Process
- Tetraethyl Orthosilicate (Silica Sol Process)
Breakup by Material:
- Superalloys
- Steel
- Aluminum
- Titanium
- Others
Breakup by Application:
- Automotive
- Aerospace & Military
- Oil and Gas
- Energy
- Medical
- Others
Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Alcoa Corporation, CIREX bv (Signicast Corporation), Dongfeng Metal Products Co. Ltd., Dongying Giayoung Precision Metal Co. Ltd., Impro, MetalTek, Milwaukee Precision Casting, Ningbo Jiwei Melt Mould Castings Co. Ltd., Ningbo Wanguan, Precision Castparts Coporation, RLM Industries, Taizhou Xinyu Precision Casting Co. Ltd. and Zollern.
Key Questions Answered in This Report:
- How has the global investment casting market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global investment casting market?
- What are the key regional markets?
- What is the breakup of the market based on the process type?
- What is the breakup of the market based on the material?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global investment casting market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Investment Casting Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Process Type
6.1 Sodium Silicate Process
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Tetraethyl Orthosilicate (Silica Sol Process)
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Material
7.1 Superalloys
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Steel
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Aluminum
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Titanium
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Application
8.1 Automotive
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Aerospace & Military
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Oil and Gas
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Energy
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Medical
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Alcoa Corporation
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 CIREX bv (Signicast Corporation)
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.3 Dongfeng Metal Products Co. Ltd.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Dongying Giayoung Precision Metal Co. Ltd.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Impro
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 MetalTek
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Milwaukee Precision Casting
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Ningbo Jiwei Melt Mould Castings Co. Ltd.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Ningbo Wanguan
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Precision Castparts Corporation
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 RLM Industries
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Taizhou Xinyu Precision Casting Co. Ltd.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.13 Zollern
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
List of Figures
Figure 1: Global: Investment Casting Market: Major Drivers and Challenges
Figure 2: Global: Investment Casting Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Investment Casting Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Investment Casting Market: Breakup by Process Type (in %), 2020
Figure 5: Global: Investment Casting Market: Breakup by Material (in %), 2020
Figure 6: Global: Investment Casting Market: Breakup by Application (in %), 2020
Figure 7: Global: Investment Casting Market: Breakup by Region (in %), 2020
Figure 8: Global: Investment Casting (Sodium Silicate Process) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Investment Casting (Sodium Silicate Process) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Investment Casting (Tetraethyl Orthosilicate or Silica Sol Process) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Investment Casting (Tetraethyl Orthosilicate or (Silica Sol Process) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Investment Casting (Superalloys) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Investment Casting (Superalloys) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Investment Casting (Steel) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Investment Casting (Steel) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Investment Casting (Aluminum) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Investment Casting (Aluminum) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Investment Casting (Titanium) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Investment Casting (Titanium) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Investment Casting (Other Material Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Investment Casting (Other Material Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Investment Casting (Automotive) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Investment Casting (Automotive) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Investment Casting (Aerospace & Military) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Investment Casting (Aerospace & Military) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Investment Casting (Oil and Gas) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Investment Casting (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Investment Casting (Energy) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Investment Casting (Energy) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Global: Investment Casting (Medical) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Global: Investment Casting (Medical) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Global: Investment Casting (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Global: Investment Casting (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: North America: Investment Casting Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: North America: Investment Casting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: United States: Investment Casting Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: United States: Investment Casting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Canada: Investment Casting Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Canada: Investment Casting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Asia Pacific: Investment Casting Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Asia Pacific: Investment Casting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: China: Investment Casting Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: China: Investment Casting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Japan: Investment Casting Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Japan: Investment Casting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: India: Investment Casting Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: India: Investment Casting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: South Korea: Investment Casting Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: South Korea: Investment Casting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Australia: Investment Casting Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Australia: Investment Casting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Indonesia: Investment Casting Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Indonesia: Investment Casting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Others: Investment Casting Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Others: Investment Casting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Europe: Investment Casting Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Europe: Investment Casting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Germany: Investment Casting Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Germany: Investment Casting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: France: Investment Casting Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: France: Investment Casting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: United Kingdom: Investment Casting Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: United Kingdom: Investment Casting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Italy: Investment Casting Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Italy: Investment Casting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Spain: Investment Casting Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Spain: Investment Casting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Russia: Investment Casting Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Russia: Investment Casting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Others: Investment Casting Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Others: Investment Casting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Latin America: Investment Casting Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Latin America: Investment Casting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Brazil: Investment Casting Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Brazil: Investment Casting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Mexico: Investment Casting Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Mexico: Investment Casting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: Others: Investment Casting Market: Sales Value (in Million US$), 2015 & 2020
Figure 79: Others: Investment Casting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 80: Middle East and Africa: Investment Casting Market: Sales Value (in Million US$), 2015 & 2020
Figure 81: Middle East and Africa: Investment Casting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 82: Global: Investment Casting Industry: SWOT Analysis
Figure 83: Global: Investment Casting Industry: Value Chain Analysis
Figure 84: Global: Investment Casting Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Investment Casting Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Investment Casting Market Forecast: Breakup by Process Type (in Million US$), 2021-2026
Table 3: Global: Investment Casting Market Forecast: Breakup by Material (in Million US$), 2021-2026
Table 4: Global: Investment Casting Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: Investment Casting Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Investment Casting Market: Competitive Structure
Table 7: Global: Investment Casting Market: Key Players