Global Investment Casting Market Report 2021 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Investment Casting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

The global investment casting market is expected to grow at a CAGR of around 5% during 2021-2026.

Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.

Investment Casting Market Trends

Significant growth in the aviation and aerospace industry in recent years is one of the key factors creating a positive impact on the market. In line with this, investment casting processes are extensively used in the manufacturing of military aircraft, jets, launch vehicles, helicopters, and commercial transport vehicles.

Furthermore, increasing environmental consciousness and enhanced focus on sustainable development are also driving the market growth. The wax used for investment casting is usually melted and reused for manufacturing components of different shapes and sizes.

Additionally, various technological advancements, such as improvements in casting processes through simulations and the utilization of metal additive manufacturing practices, all-in-one 3D printing, X-ray defect detection and casting and forging techniques, are acting as other growth-inducing factors. These processes aid in the production of cost-effective, stable and structurally durable products.

Other factors, including rapid industrialization, along with extensive research and development (R&D) activities, are anticipated to drive the market further.

Key Questions Answered in This Report

• How has the global investment casting market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global investment casting market?
• What are the key regional markets?
• What is the breakup of the market based on the process type?
• What is the breakup of the market based on the material?
• What is the breakup of the market based on the application?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global investment casting market and who are the key players?
• What is the degree of competition in the industry?

Competitive Landscape

The competitive landscape of the industry has also been examined with some of the key players being

• Alcoa Corporation
• CIREX bv (Signicast Corporation)
• Dongfeng Metal Products Co. Ltd.
• Dongying Giayoung Precision Metal Co. Ltd.
• Impro
• MetalTek
• Milwaukee Precision Casting
• Ningbo Jiwei Melt Mould Castings Co. Ltd.
• Ningbo Wanguan
• Precision Castparts Corporation
• RLM Industries
• Taizhou Xinyu Precision Casting Co. Ltd.
• Zollern.

Key Market Segmentation

Breakup by Process Type

• Sodium Silicate Process
• Tetraethyl Orthosilicate (Silica Sol Process)

Breakup by Material

• Superalloys
• Steel
• Aluminum
• Titanium
• Others

Breakup by Application

• Automotive
• Aerospace & Military
• Oil and Gas
• Energy
• Medical
• Others

Breakup by Region

• North America
• United States
• Canada
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East
• Africa

For more information about this report visit https://www.researchandmarkets.com/r/si66xj