Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Precision Investment Castings 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) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Precision Investment Castings 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) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 172967 3300 IT & Telecom 377 242 Pages 4.8 (34)
                                          

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.


Global Precision Investment Castings Industry Outlook


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:

  1. CIREX Foundry
  2. Alcoa
  3. Barron Industries
  4. Zhejiang Wanshixing Machinery
  5. Ningbo Ganhao Precision Foundry
  6. Wuxi Dechang Precise Foundry
  7. Ningbo Rongshen Precision Casting
  8. Yanzi Precise Founding
  9. Precision Investment Casting

Global Precision Investment Castings Market Overview


Highlights of The Precision Investment Castings Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Sodium Silicate Process
    2. Tetraethyl Orthosilicate/ Silica Sol Process
    3. Precision Investment Casting
  1. By Application:

    1. Pharmaceuticals and Food
    2. Automotive
    3. Aerospace &Military
    4. Industrial Gas Turbines
    5. General Industrial
    6. Petrochemical
    7. Process Technology
    8. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Precision Investment Castings Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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
         

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