According to the latest report by IMARC Group, titled "Isostatic Pressing Market Report by Type (Hot Isostatic Pressing, Cold Isostatic Pressing), Offering (Services, Systems), Application (Automotive, Aerospace and Defense, Medical, Precision Machine Manufacturing, Energy and Power, and Others), and Region 2025-2033," the global isostatic pressing market size reached USD 7.1 Billion in 2024. Isostatic pressing is a powder metallurgy (PM) formation process that exerts equal pressure in all directions on a powder compact. It comprises various forms, such as cold isostatic pressing (CIP), warm isostatic pressing (WIP), and hot isostatic pressing (HIP), which utilizes elevated temperature and isostatic gas pressure to eliminate the porosity and density of various materials. Isostatic pressing improves the mechanical properties and potential workability of numerous materials, such as polymers, ceramics, metals, plastics, and composite materials. It also helps achieve maximum uniformity of density and microstructure without the geometrical limitations of uniaxial pressing.
Global Isostatic Pressing Market Trends:
At present, the increasing demand for isostatic pressing for difficult-to-compact and expensive materials, such as superalloys, titanium, tool steels, beryllium, and stainless steel, represents one of the key factors influencing the market positively. Besides this, the rising utilization of isostatic pressing in manufacturing medical and dental implants is propelling the growth of the market. In addition, the growing employment of isostatic pressing for compressing various food products with uniform pressure regardless of their shape and size is offering a favorable market outlook. Apart from this, the increasing adoption of isostatic pressing in the production of 3D-printed parts is contributing to the growth of the market. Additionally, the rising utilization of isostatic pressing in the automotive industry to manufacture turbocharger rotors and valves is bolstering the growth of the market. Looking forward, the market value is projected to reach USD 10.5 Billion by 2033, expanding at a CAGR of 4.14% during 2025-2033.
Market Summary:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
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 |
Companies Covered | 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. |
Customization Scope | 10% Free Customization |
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) |
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