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Investment Casting Market Share ,Size 2021: Global Key Findings, Industry Demand, Growth Status, Regional Analysis, Key Players Profiles, Future Prospects and Forecast to 2025
Posted on May 5 2021 9:01 AM
"Investment Casting Market 2021 report provides detailed analysis of global market size, regional and country-level market size, segmentation, growth, Investment Casting market share, competitive Landscape, sales analysis. The Investment Casting Market report firstly introduced definitions, classifications, applications and market overview, product specifications, manufacturing processes, cost structures, raw materials and so on.
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Global Investment Casting Market Research Report covers segment data, including: type segment, industry segment, channel segment etc. cover different segment Investment Casting Market size, both volume and value. Also cover different industries client's information, which is very important for the manufacturers.The Investment Casting Market report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. the global Investment Casting Market revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period.
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Investment Casting Market Size (sales, revenue) forecast by regions and countries from 2021 to 2025 of Investment Casting industry.Investment Casting Market with respect to individual growth trends, future prospects, and their contribution to the total market. Investment Casting Market analysis have current study and addition to the potential feature of the market primarily depends upon the facet of the business which compete on the current market, high factors and appropriated analysis. Global Investment Casting Market report consumption (value and volume) by key regions/countries, product type and application.Investment Casting Market Report also mentions market share accrued by each product in the Investment Casting market, along with the production growth.
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Investment Casting Market Report Focuses on the key global Investment Casting manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in forecast period.Investment Casting Market Report organizes across the globe into distinct portion based on industry standards. It also distinguishes the market based on geographical regions.
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Global Investment casting Market: Information by Type (Silica Sol Process, Sodium Silicate Process), Application (Aerospace & Military, General Industrial, Industrial Gas Turbines, Automotive, Others), and Region (North America (US, Canada), Europe(Germany, UK, Russia, France, Spain, Italy, Belgium, and Poland), Asia-Pacific (China, India, Japan, Australia & New Zealand, Indonesia, South Korea, Thailand), Latin America(Brazil, Mexico, and Argentina), and the Middle East & Africa (GCC, South Africa, Iran, Israel, Egypt))—Forecast till 2025
Market analysis
Investment casting, also known as the lost wax method, is a process which involves production of a metal part from an investment mold. This process helps in minimizing material waste, energy, and machining. Investment casting is majorly used to produce metal parts for the aerospace, industrial, gas turbine, and automotive industries. High demand for investment casted products in the aerospace & defense industry coupled with the increased defense spending by the developed as well as developing economies is the major factor driving the market growth. According to analysis, the global investment casting market is expected to register a healthy CAGR of over 5% to reach USD 28,449.1 million by the end of 2025. The growth of the global market is primarily driven by the expanding aerospace industry and increasing adoption of investment casted products in the industrial sector. The demand for commercial aircraft is increasing across the globe which has increased the application of investment casting. For instance, Airbus forecasts demand for approximately 37,400 new passenger and freight aircraft over the next two decades. The commercial aircraft fleet is estimated to grow by 3.3% every year and double in number from 22,510 in 2017 to 45,240 in 2035. Furthermore, investment casting plays a vital role in the manufacturing of medical implants. The expanding medical industry is expected to create lucrative opportunities for market players. However, the growing popularity of alternatives such as 3D printing and sand casting is likely to hamper the market growth in the coming years. In addition, the availability of economical casting process is expected to be the prime challenge for the market players.
Market segmentation
The global investment casting market has been segmented based on type, application, and region. Based on type, the market has been segmented into silica sol process and sodium silicate process. The silica sol process is expected to be the fastest growing segment at a CAGR of 5.40% owing to its increasing application in the aerospace industry. Silica sol process is used to cast complex parts that are difficult to machine, especially for the aerospace industry. The use of silicon dioxide (SiO2) and sodium oxide enhances the key feature of the component—stability. Several methods are used to make silica sol such as dialysis method, acidification method, ion exchange method, hydrolysis method, and gel glue solution method, among others. By application, the aerospace & military is the largest consumer and is expected to register the highest CAGR of around 6% during the assessment period. The high demand for investment casting in the manufacturing of interior components, motion control, bearing cages, hydraulic fluid system, exterior and interior sensors and actuation systems is projected to drive the market growth.
Regional analysis
Geographically, global investment casting Market has been split into regions like North America, Europe, Asia-Pacific, the Middle East and Africa, and Latin America. Asia-Pacific is the largest regional market with a share of 41% in 2018. China and Japan are the major contributors to the growth of this regional market. The expanding aerospace industry in Asia-Pacific is projected to be the prime contributor to the market growth. According to the Association of Asia Pacific Airlines, the aviation industry in the region generated USD 218 billion and USD 8.2 billion net profit in 2017. North America accounted for the second-largest share in 2018 and is expected to witness healthy growth during the forecast period. The growth of the regional market is mainly attributed to the presence of a large number of largescale aerospace & defence industry in the US and increasing investments by the government to support the growth of defence sector in the country. According to the US Department of Commerce, Bureau of the Census, Foreign Trade Division, the total exports of the US aerospace industry held at USD 150.61 billion in 2018, which increased from USD 143.17 billion in 2017. The fleet count for the North American market stood at 8,495 in 2017, which accounts for 29% of the commercial air transport fleet. This fleet count is likely to reach 9,156 by 2027, as per the IATA. According to the Aerospace Industries Association, the production of civil aircraft in the US increased by 6% in 2017, wherein 2,808 units were produced for commercial and government customers.
Major players
Alcoa Corporation (US), Signicast (US), Precision Castparts CORP (US), CIREX (The Netherlands), Zollern GMBH & CO. KG (Germany), Milwaukee Precision Casting, INC (US), RLM Industries, INC (US), Metaltek International Inc (US), Dongying Gia Young Precision Metal CO., LTD (China), and American Casting Company (US) are some of the major players in the global investment casting market. The key players operating in the global investment casting market are primarily focusing on lowering the environmental footprint and making investments in research and development. The market witnessed only one key development during the past five years, i.e., in January 2019, Dongfeng Precision Casting Co., Ltd inaugurated a new site and intelligence factory, with a land area of 59,300 square meters and a building area of 43,000 square meters. However, with the growth of the automotive and aerospace industries, the demand for investment casted products is expected to increase. The high demand is expected to influence the manufacturers to adopt strategic growth initiatives such as expansion, mergers, agreements, and acquisitions during the forecast period. This is further projected to intensify the degree of rivalry amongst the existing players.
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The global Investment Casting market Growth is anticipated to rise at a considerable rate during the forecast period, between 2021 and 2025. In 2021, the market was growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.Investment Casting Market provides sizing and growth opportunities for the period 2021-2025. Provides comprehensive insights on the latest industry trends, forecast, and growth drivers in the market. Report Includes a detailed analysis of growth drivers, challenges, and investment opportunities. Delivers a complete overview of segments and the regional outlook of the market. Investment Casting Market Offers an exhaustive summary of the vendor landscape, competitive analysis, and key strategies to gain competitive advantage.
Investment Casting Market Trend for Development and marketing channels are analysed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered.Investment Casting Market Forecast by regions, type and application, with sales and revenue, from 2021 to 2025.Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.
Total Chapters in Investment Casting Market Report are:
Chapter 1 Overview of Investment Casting Market
Chapter 2 Global Market Status and Forecast by Regions
Chapter 3 Global Market Status and Forecast by Types
Chapter 4 Global Market Status and Forecast by Downstream Industry
Chapter 5 North America Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 6 Europe Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 7 Asia Pacific Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 8 Latin America Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 9 Middle East and Africa Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 10 Market Driving Factor Analysis of Low End Servers
Chapter 11 Investment Casting Market Competition Status by Major Manufacturers
Chapter 12 Investment Casting Major Manufacturers Introduction and Market Data
Chapter 13 Upstream and Downstream Market Analysis of Investment Casting Market
Chapter 14 Cost and Gross Margin Analysis of Investment Casting Market
And Continued…
Detailed TOC of Global Investment Casting Market Analysis & Forecast
1 Executive Summary
2 Market Dynamics
2.1 Market Growth Factors
2.1.1 Rising Security and Safety Concern
2.1.2 Investment Casting in Developing Countries
2.1.3 Enhanced Business Productivity
2.2 Market Restraints
2.3 Investment Casting Supply Chain Process
2.4 Porter's Five Forces Analysis
3 Global Investment Casting Market, By Type
3.1 Introduction
3.2 Sub-segment
4 Global Investment Casting Market, By Component
4.1 Introduction
4.2 Sub-segment
4.2.1 Investment Casting Components
5 Global Investment Casting Market, By Verticals
5.1 Introduction
6 Global Investment Casting Market, By Region
6.1 Introduction
6.2 Market, By Regions
6.2.1 North America
6.2.1.1 U.S. 33
6.2.1.2 Canada
6.2.1.3 Mexico
6.2.2 Europe
6.2.3 U.K.
6.2.3.1 Germany
6.2.3.2 France
6.2.3.3 Rest of Europe
6.2.4 Asia-Pacific
6.2.5 China
6.2.6 Japan
6.2.7 India
6.2.7.1 Rest of Asia-pacific
6.2.8 Rest of the World (RoW)
6.2.8.1 Middle East & Africa
6.2.8.2 Latin Countries
7 Competitive Landscape
7.1 Introduction
7.2 Market Share Analysis
7.3 Company Profiles
7.3.1.1 Business Overview
7.3.1.2 Product/Service Portfolio
7.3.1.3 Business Strategy
7.3.1.4 SWOT Analysis
8 Appendix
8.1 Scope of the Study
8.1.1 Research Objective
8.1.2 Assumption
8.1.3 Limitation
8.2 Market Structure
9 Research Methodologies
9.1 Research Process
9.2 Primary Research
9.3 Secondary Research
9.4 Market Size Estimation
9.5 Forecast Model
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