Isostatic Pressing Market Latest Innovations, Drivers And Industry Key Events

Isostatic pressing is a type of powder metallurgy (PM) forming process that puts equal pressure in all the possible directions on a powder. The pressure makes the powder highly compact and achieves maximum amount of density and uniformity without compromising the microstructure. The pressing is performed without the geometrical restrictions of the uniaxial pressing.

There are two types of isostatic pressing. First one is the cold isostatic pressing and the second one is the hot isostatic pressing. The cold isostatic pressing is used for compressing the green parts at a surrounding temperature whereas the hot isostatic pressing is used to completely consolidate parts at raised or higher temperatures through solid-state diffusion.

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Some of the key insights about the global isostatic pressing market are given below:

• The global isostatic pressing market is divided into five key regions to give better understanding about its overall working dynamics. These regions are North America, Latin America, Middle East and Africa, Europe, and Asia Pacific. Of these regional segments, currently, the global isostatic pressing market is led by the North America region and is expected to continue to lead the market over the course of the given forecast period.
• The growth of the North America regional segment is primarily attributed to the growing demand for hot isostatic pressing products across several industries such as automotive, defense and military, aerospace, and manufacturing among others. Moreover, the presence of several leading manufacturers such as Synertech PM, Kittyhawk Products, American Isostatic Presses, and Quad City Manufacturing Laboratory among others are also helping to develop the isostatic pressing market in North America.
• The growth of the global isostatic pressing market is primarily driven by the increasing demand for low porosity and high density materials that are important for the production of 3D printed parts. In addition to this, the growing trend of producing products at a low cost that have a shorter life cycles are also helping to drive the growth of the global isostatic pressing market.

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