The global isostatic pressing market size reached US$ 6.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.8 Billion by 2028, exhibiting a growth rate (CAGR) of 4.83% during 2023-2028.
Isostatic pressing (IP) refers to the process of forming powder metallurgy (PM) used for improving the porosity of metals. It includes hot and cold isostatic pressing (H/CIP) that involve the uniform application of pressurized water, oil or gas on powder compact to achieve consistent density and microstructure without geometrical limitations. Hot IP is used for merging titanium alloys and superalloys under high temperatures by solid-state diffusion. On the other hand, cold IP is used for compressing large-sized and complex components at ambient temperatures. These processes can also be used on ceramic balls, fuse and lighting tubes and spark plug insulators. As a result, IP processes find extensive applications across various industries, including automotive, aerospace, medical, energy and electronics.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
To get more information about this market,Request Sample
Isostatic Pressing Market Trends:
Significant growth in the aviation industry across the globe is one of the key factors creating a positive outlook for the market. IP is widely used for the manufacturing of defect-free components for tanks, artillery, military and private aircraft and spacecraft. HIP processes are also utilized for pressure-assisted brazing and fabrication of metal matrix composites. Moreover, the widespread adoption of additive manufacturing (AM) for combining ceramics and plastics is providing a thrust to the market growth. Additionally, the utilization of three-dimensional (3D) computer-aided design (CAD) modeling solutions is acting as another growth-inducing factor. CAD is widely used with metal injection molding (MIM), HIP and CIP processes for reducing porosity levels in 3D printing and enhancing flexibility and customizability. Other factors, including rapid industrialization, along with extensive research and development (R&D) activities in the field of precision manufacturing, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global isostatic pressing market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, offering and application.
Breakup by Type:
Hot Isostatic Pressing
Cold Isostatic Pressing
Breakup by Offering:
Services
Systems
Breakup by Application:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
To get more information about this market,Request Sample
Automotive
Aerospace and Defense
Medical
Precision Machine Manufacturing
Energy and Power
Others
Breakup by Region:
To get more information on the regional analysis of this market,Request Sample
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesian
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Bodycote, Dorst Technologies GmbH & Co. KG, EPSI, Fluitron Inc., FREY & Co. GmbH, Hiperbaric, Höganäs AB, Isostatic Pressing Services, Kobe Steel Ltd., MTI Corporation, Nikkiso Co. Ltd. and Pressure Technology Inc.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2022
Historical Period
2017-2022
Forecast Period
2023-2028
Units
US$ Billion
Segment Coverage
Type, Offering, Application, Region
Region Covered
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support
10-12 Weeks
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report
The global isostatic pressing market was valued at US$ 6.5 Billion in 2022.
We expect the global isostatic pressing market to exhibit a CAGR of 4.83% during 2023-2028.
The growing application of isostatic pressing to manufacture defect-free components for tanks, artillery, military, and private aircrafts and spacecrafts, is primarily driving the global isostatic pressing market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of various sectors, thereby limiting the demand for isostatic pressing.
Based on the type, the global isostatic pressing market can be categorized into hot isostatic pressing and cold isostatic pressing, where hot isostatic pressing exhibits clear dominance in the market.
Based on the offering, the global isostatic pressing market has been segmented into services and systems. Currently, systems represent the largest market share.
Based on the application, the global isostatic pressing market can be bifurcated into automotive, aerospace and defense, medical, precision machine manufacturing, energy and power and others. Among these, the aerospace and defense sector accounts for the majority of the total market share.
On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle East and Africa and Latin America, where North America currently dominates the global market.
Some of the major players in the global isostatic pressing market include Bodycote, Dorst Technologies GmbH & Co. KG, EPSI, Fluitron Inc., FREY & Co. GmbH, Hiperbaric, Höganäs AB, Isostatic Pressing Services, Kobe Steel Ltd., MTI Corporation, Nikkiso Co. Ltd. and Pressure Technology Inc.
Need more help?
Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization
Get in Touch With Us
UNITED STATES
Phone: +1-631-791-1145
INDIA
Phone: +91-120-433-0800
UNITED KINGDOM
Phone: +44-753-713-2163
Email: sales@imarcgroup.com
Client Testimonials
IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.
The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required
We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra
We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.
The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.
The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.
My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.
I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.
We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.
IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.