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Isostatic Pressing Market to See Huge Opportunities 2020-2030
Isostatic Pressing Market Outlook-2026Isostatic 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.
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.
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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.
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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.
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