New York, According to a new market research report published by Global Insight Services “Isostatic Pressing Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Isostatic pressing is a process where a material is evenly compressed from all directions. The material is placed in a chamber and then pressurized with a fluid, typically water or gas. The pressure is applied until the desired level of compression is reached. This process is often used to create uniform density in material or to reduce porosity.
Key Trends
There are three key trends in isostatic pressing technology:
- The use of higher temperatures and pressures: This has allowed for the production of stronger and more durable parts.
- The use of higher quality materials: This has resulted in parts that are more resistant to wear and tear.
- The use of more sophisticated equipment: This has allowed for the production of parts with more precise dimensions.
Key Drivers
The key drivers of the isostatic pressing market are the growing demand for isostatic pressing from the automotive, aerospace, and energy industries, and the increasing use of isostatic pressing in the production of high-performance materials. The automotive industry is the largest end-user of isostatic pressing, and the aerospace industry is the second-largest end-user. The energy industry is also a significant end-user of isostatic pressing, as isostatic pressing is used in the production of nuclear fuel and solar panels. The isostatic pressing market is also driven by the growing demand for isostatic pressing from the medical and dental industries.
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Key Market Segments
The isostatic pressing market bifurcated on the basis of offering, type, HIP capacity, CIP process type, application and region. On the basis of offering it is segmented into services and systems. By type, it is divided into hot isostatic pressing and cold isostatic pressing. By HIP capacity it is categorized into small-sized pressing, medium-sized pressing, and large-sized pressing. By CIP process type, it is analyzed across dry bag pressing and wet bag pressing. By application, it is spread across automotive, aerospace & defense, medical and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Key Market Players
The isostatic pressing market report includes players such as Frey & Co., Insmart Systems, Fluitron, Pressure Technology, Aegis Technology, Kobe Steel Ltd., Arconic, Sandvik AB, Aubert & Duval , and Bodycote.
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Reasons to buy Isostatic Pressing Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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