Global Investment Casting Market Growth 2023-2029

Global Investment Casting Market Growth 2023-2029

Investment casting is a foundry process by which a metal part is produced from a ceramic (investment) mold that has been formed by a disposable (wax or plastic) pattern. They are products using the lost wax process which is a process for producing near-net-shape metal parts. Investment casting process is an industrial process in which high technology waxes are used to form patterns that allow the production of components with accuracy, repeatability, versatility, and integrity in a variety of metals and high-performance alloys. Investment casting is used to manufacture parts ranging from turbocharger wheels to golf club heads, from electronic boxes to hip replacement implants.
LPI (LP Information)' newest research report, the “Investment Casting Industry Forecast” looks at past sales and reviews total world Investment Casting sales in 2022, providing a comprehensive analysis by region and market sector of projected Investment Casting sales for 2023 through 2029. With Investment Casting sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Investment Casting industry.
This Insight Report provides a comprehensive analysis of the global Investment Casting landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Investment Casting portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Investment Casting market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Investment Casting and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Investment Casting.
The global Investment Casting market size is projected to grow from US$ 7685.1 million in 2022 to US$ 11020 million in 2029; it is expected to grow at a CAGR of 11020 from 2023 to 2029.
Global Investment Casting key players include Precision Castparts, Alcoa, Zollern, MetalTek, RLM Industries, etc. Global top five manufacturers hold a share about 25%. Asia Pacific is the largest market, with a share over 40%, followed by North America, with a share over 30 percent. In terms of product, Sodium Silicate Process is the largest segment, with a share about 70%. And in terms of application, the largest application is General Industrial Machinery, followed by Automotive, Aerospace &Military, Industrial Gas Turbines.
This report presents a comprehensive overview, market shares, and growth opportunities of Investment Casting market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Sodium Silicate Process
Tetraethyl Orthosilicate (Silica Sol Process)
Segmentation by application
Automotive
Aerospace and Military
Industrial Gas Turbines
General Industrial Machinery
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Alcoa
Precision Castparts
CIREX
Zollern
Milwaukee Precision Casting
MetalTek
RLM Industries
Impro
Dongying Giayoung
Dongfeng
Ningbo Wanguan
Taizhou Xinyu
Jiwei
Key Questions Addressed in this Report
What is the 10-year outlook for the global Investment Casting market?
What factors are driving Investment Casting market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Investment Casting market opportunities vary by end market size?
How does Investment Casting break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.