Market Overview:
The global precision investment castings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for precision investment castings from various end-use industries, such as pharmaceuticals and food, automotive, aerospace &military, industrial gas turbines, general industrial, petrochemical and process technology. In terms of region, North America is expected to lead the global precision investment castings market in terms of revenue during the forecast period.
Product Definition:
Precision investment casting is a manufacturing process that uses wax to create a pattern of the desired part. The wax is then coated with a ceramic material and melted away, leaving behind the ceramic mold. Molten metal is then poured into the mold and allowed to cool, resulting in a precision casting.
Sodium Silicate Process:
Sodium silicate is a chemical compound, which has widespread applications in the end-use industries such as construction and automotive. The global demand for sodium silicate was estimated at 5,12,943.0 tons in 2015 and is expected to grow at a CAGR of XX% from 2016 to 2022.
Tetraethyl Orthosilicate/ Silica Sol Process:
Tetraethyl orthosilicate/ silica sol process is used in precision investment castings to impart hardness and improve surface finish. Tetraethyl orthosilicate has a high demand owing to its application as an anti-caking agent, viscosity modifier, defoaming agent, and flow aid in precision investment casting.
Application Insights:
The automotive and transportation segment accounted for a significant market share in 2017. The growing demand for passenger cars and light commercial vehicles is expected to boost the industry growth over the forecast period. General industrial application is projected to witness substantial growth on account of rising investments in construction activities across various regions.
Aerospace & military application was one of the prominent segments, which accounted for a significant market share in 2017 owing to increasing defense expenditure across various countries including China, India, U.S.
The pharmaceuticals.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the major automotive, aerospace and oil & gas companies. These players are investing more in research & development activities as well as expanding their production capacities in order to meet growing demand from end-users across Asia Pacific.
The growth of key industries including automotive, pharmaceuticals, food processing along with rapid urbanization has resulted in rising construction activities across emerging economies such as India and China. This factor coupled with increasing foreign investments will have a positive impact on regional market growth over the next eight years.
North America was valued at USD X million in 2017 owing to high demand for precision investment castings from various end-use industries including aerospace, defense, industrial machinery etc., which are based out of U.S., Canada and Mexico among other Latin American countries that offer low labor costs compared to U.
Growth Factors:
- Increasing demand from the automotive industry for lightweight and high-performance components
- Growing popularity of precision investment castings in medical implants and prosthetics
- Rising demand for castings with complex geometries and tight tolerances
- Advances in casting technology that are making the process more efficient and cost-effective
- Growing number of small-and medium-sized businesses investing in precision investment castings
Scope Of The Report
Report Attributes
Report Details
Report Title
Precision Investment Castings Market Research Report
By Type
Sodium Silicate Process, Tetraethyl Orthosilicate/ Silica Sol Process, Precision Investment Casting
By Application
Pharmaceuticals and Food, Automotive, Aerospace &Military, Industrial Gas Turbines, General Industrial, Petrochemical, Process Technology, Other
By Companies
CIREX Foundry, Alcoa, Barron Industries, Zhejiang Wanshixing Machinery, Ningbo Ganhao Precision Foundry, Wuxi Dechang Precise Foundry, Ningbo Rongshen Precision Casting, Yanzi Precise Founding, Precision Investment Casting
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Precision Investment Castings Market Report Segments:
The global Precision Investment Castings market is segmented on the basis of:
Types
Sodium Silicate Process, Tetraethyl Orthosilicate/ Silica Sol Process, Precision Investment Casting
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceuticals and Food, Automotive, Aerospace &Military, Industrial Gas Turbines, General Industrial, Petrochemical, Process Technology, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CIREX Foundry
- Alcoa
- Barron Industries
- Zhejiang Wanshixing Machinery
- Ningbo Ganhao Precision Foundry
- Wuxi Dechang Precise Foundry
- Ningbo Rongshen Precision Casting
- Yanzi Precise Founding
- Precision Investment Casting
Highlights of The Precision Investment Castings Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Sodium Silicate Process
- Tetraethyl Orthosilicate/ Silica Sol Process
- Precision Investment Casting
- By Application:
- Pharmaceuticals and Food
- Automotive
- Aerospace &Military
- Industrial Gas Turbines
- General Industrial
- Petrochemical
- Process Technology
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Precision Investment Castings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Precision Investment Castings is a company that manufactures investment castings, which are parts made from a molten metal that is poured into a mold to create an object. These objects can be small, like screws and bolts, or they can be larger pieces of equipment.
Some of the major players in the precision investment castings market are CIREX Foundry, Alcoa, Barron Industries, Zhejiang Wanshixing Machinery, Ningbo Ganhao Precision Foundry, Wuxi Dechang Precise Foundry, Ningbo Rongshen Precision Casting, Yanzi Precise Founding, Precision Investment Casting.
The precision investment castings market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Precision Investment Castings Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Precision Investment Castings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Precision Investment Castings Market - Supply Chain
4.5. Global Precision Investment Castings Market Forecast
4.5.1. Precision Investment Castings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Precision Investment Castings Market Size (000 Units) and Y-o-Y Growth
4.5.3. Precision Investment Castings Market Absolute $ Opportunity
5. Global Precision Investment Castings Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Precision Investment Castings Market Size and Volume Forecast by Type
5.3.1. Sodium Silicate Process
5.3.2. Tetraethyl Orthosilicate/ Silica Sol Process
5.3.3. Precision Investment Casting
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Precision Investment Castings Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Precision Investment Castings Market Size and Volume Forecast by Application
6.3.1. Pharmaceuticals and Food
6.3.2. Automotive
6.3.3. Aerospace &Military
6.3.4. Industrial Gas Turbines
6.3.5. General Industrial
6.3.6. Petrochemical
6.3.7. Process Technology
6.3.8. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Precision Investment Castings Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Precision Investment Castings Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Precision Investment Castings Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Precision Investment Castings Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Precision Investment Castings Demand Share Forecast, 2019-2026
9. North America Precision Investment Castings Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Precision Investment Castings Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Precision Investment Castings Market Size and Volume Forecast by Application
9.4.1. Pharmaceuticals and Food
9.4.2. Automotive
9.4.3. Aerospace &Military
9.4.4. Industrial Gas Turbines
9.4.5. General Industrial
9.4.6. Petrochemical
9.4.7. Process Technology
9.4.8. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Precision Investment Castings Market Size and Volume Forecast by Type
9.7.1. Sodium Silicate Process
9.7.2. Tetraethyl Orthosilicate/ Silica Sol Process
9.7.3. Precision Investment Casting
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Precision Investment Castings Demand Share Forecast, 2019-2026
10. Latin America Precision Investment Castings Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Precision Investment Castings Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Precision Investment Castings Market Size and Volume Forecast by Application
10.4.1. Pharmaceuticals and Food
10.4.2. Automotive
10.4.3. Aerospace &Military
10.4.4. Industrial Gas Turbines
10.4.5. General Industrial
10.4.6. Petrochemical
10.4.7. Process Technology
10.4.8. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Precision Investment Castings Market Size and Volume Forecast by Type
10.7.1. Sodium Silicate Process
10.7.2. Tetraethyl Orthosilicate/ Silica Sol Process
10.7.3. Precision Investment Casting
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Precision Investment Castings Demand Share Forecast, 2019-2026
11. Europe Precision Investment Castings Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Precision Investment Castings Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Precision Investment Castings Market Size and Volume Forecast by Application
11.4.1. Pharmaceuticals and Food
11.4.2. Automotive
11.4.3. Aerospace &Military
11.4.4. Industrial Gas Turbines
11.4.5. General Industrial
11.4.6. Petrochemical
11.4.7. Process Technology
11.4.8. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Precision Investment Castings Market Size and Volume Forecast by Type
11.7.1. Sodium Silicate Process
11.7.2. Tetraethyl Orthosilicate/ Silica Sol Process
11.7.3. Precision Investment Casting
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Precision Investment Castings Demand Share, 2019-2026
12. Asia Pacific Precision Investment Castings Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Precision Investment Castings Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Precision Investment Castings Market Size and Volume Forecast by Application
12.4.1. Pharmaceuticals and Food
12.4.2. Automotive
12.4.3. Aerospace &Military
12.4.4. Industrial Gas Turbines
12.4.5. General Industrial
12.4.6. Petrochemical
12.4.7. Process Technology
12.4.8. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Precision Investment Castings Market Size and Volume Forecast by Type
12.7.1. Sodium Silicate Process
12.7.2. Tetraethyl Orthosilicate/ Silica Sol Process
12.7.3. Precision Investment Casting
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Precision Investment Castings Demand Share, 2019-2026
13. Middle East & Africa Precision Investment Castings Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Precision Investment Castings Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Precision Investment Castings Market Size and Volume Forecast by Application
13.4.1. Pharmaceuticals and Food
13.4.2. Automotive
13.4.3. Aerospace &Military
13.4.4. Industrial Gas Turbines
13.4.5. General Industrial
13.4.6. Petrochemical
13.4.7. Process Technology
13.4.8. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Precision Investment Castings Market Size and Volume Forecast by Type
13.7.1. Sodium Silicate Process
13.7.2. Tetraethyl Orthosilicate/ Silica Sol Process
13.7.3. Precision Investment Casting
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Precision Investment Castings Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Precision Investment Castings Market: Market Share Analysis
14.2. Precision Investment Castings Distributors and Customers
14.3. Precision Investment Castings Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. CIREX Foundry
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Alcoa
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Barron Industries
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zhejiang Wanshixing Machinery
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ningbo Ganhao Precision Foundry
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Wuxi Dechang Precise Foundry
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ningbo Rongshen Precision Casting
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Yanzi Precise Founding
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Precision Investment Casting
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20