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Isostatic Pressing Market To 2019 - 2027 Likely To Experience A Tremendous Growth In Near Future

Isostatic Pressing Market Top Players  

Isostatic pressing is a type of powder metallurgy (PM) forming process that puts equal pressure in all the possible directions on a powder. The pressure makes the powder highly compact and achieves maximum amount of density and uniformity without compromising the microstructure. The pressing is performed without the geometrical restrictions of the uniaxial pressing.
There are two types of isostatic pressing. First one is the cold isostatic pressing and the second one is the hot isostatic pressing. The cold isostatic pressing is used for compressing the green parts at a surrounding temperature whereas the hot isostatic pressing is used to completely consolidate parts at raised or higher temperatures through solid-state diffusion.
Some of the key insights about the global isostatic pressing market are given below:
  • The global isostatic pressing market is divided into five key regions to give better understanding about its overall working dynamics. These regions are North America, Latin America, Middle East and Africa, Europe, and Asia Pacific. Of these regional segments, currently, the global isostatic pressing market is led by the North America region and is expected to continue to lead the market over the course of the given forecast period.
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  • The growth of the North America regional segment is primarily attributed to the growing demand for hot isostatic pressing products across several industries such as automotive, defense and military, aerospace, and manufacturing among others. Moreover, the presence of several leading manufacturers such as Synertech PM, Kittyhawk Products, American Isostatic Presses, and Quad City Manufacturing Laboratory among others are also helping to develop the isostatic pressing market in North America.
  • The growth of the global isostatic pressing market is primarily driven by the increasing demand for low porosity and high density materials that are important for the production of 3D printed parts. In addition to this, the growing trend of producing products at a low cost that have a shorter life cycles are also helping to drive the growth of the global isostatic pressing market.
Isostatic Pressing Market - Introduction
Isostatic pressing is a process for forming powder metallurgy (PM). This process applies uniform pressure across all directions on a powder compact to achieve maximum uniformity of density and microstructure. Isostatic pressing is of two types, namely, hot or cold. Both of these manufacturing processes are used to improve the porosity of metals. Hot isostatic pressing (HIP) is used to fully merge parts at high temperatures by solid-state diffusion, while cold isostatic pressing (CIP) is used to compress green parts at ambient temperatures. Isostatic pressing method is widely used in different industries engaged in improving properties of applicable materials.
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Isostatic Pressing Market – Competitive Landscape
Fluitron, Inc.
Founded in 1977, Fluitron, Inc. is headquartered in Ivyland, Pennsylvania, the U.S. The American technology company is involved in the designing and manufacturing of high pressure equipment and engineered products for use in chemical and other related industries. It has its operational units in Korea, South Africa, China, Japan, Taiwan, U.K., the Netherlands, Venezuela, and Canada.
Kobe Steel, Ltd.
Incorporated in 1905, Kobe Steel, Ltd. is based in Kobe, Japan. The company engages in the manufacture and sale of steel and iron. Kobe Steel, Ltd. operates through the following business segments: welding, aluminum and copper, iron and steel, construction machinery, machinery, power, engineering, and other businesses.
Nikkiso Co., Ltd.
Incorporated in 1950, Nikkiso Co., Ltd. is located in Tokyo, Japan. It engages in the manufacture, sale, and maintenance of industrial and medical equipment. Its operations are carried out through the industrial and medical segments. The company also offers precision equipment including particle characterization instruments and multi-layer ceramic electronic component production equipment and systems; and carbon fiber reinforced plastic (CFRP) products such as aircraft components and carbon nanotube.
Some of the other significant players in the isostatic pressing market are Arconic (U.S.), American Isostatic Presses (API) (U.S.), Pressure Technology (U.S.), Engineered Pressure Systems (EPSI) (Belgium), and Shanxi Golden Kaiyuan (SXKYYC) (China) among others.
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