Investment Casting Market Size, Share & Trends Analysis Report By Application (Aerospace, Automotive, Oil & Gas, Medical, Mechanical Engineering, Energy), By Region, And Segment Forecasts, 2019 - 2025

Published: Nov, 2019 | Pages: 128 | Publisher: Grand View Research
Industry: Materials | Report Format: Electronic (PDF)

The global investment casting market size is expected to reach USD 19.63 billion by 2025, expanding at a 4.6% CAGR during the forecast period, as per a new report by Grand View Research Inc. Ease in manufacturing intricate metal components in critical end-use sectors such as aerospace and oil & gas is projected to positively influence market demand for investment casting.

The industry of investment casting is moving towards automation as advanced technologies like robotics arms, simulation techniques, internet of things (IoT), etc. are gaining popularity among the vendors of the industry. Robotics arms are used to cover the wax patterns with ceramic coats and later pour metal into the cavity. Key benefits of using robotic arms include increased precision in cast parts as well as reduction in lead time.

Similarly, computer simulation techniques are used in the initial design phase to meet the demand for high precision with cost-effectiveness. Computer-aided software like CAD is used in the development and redesigning of the existing components to overcome defects like porosity, shrinkage cavity, and blowholes during the process of casting.

However, high capital investment and fluctuating prices of raw materials like superalloys and steel are the factors expected to restrain industry growth. Although it is a cost-saving process, the preparation of wax molds is labor intensive and time-consuming, which is further expected to hamper market growth.

3D printing of wax patterns is anticipated to provide new avenues for investment casting market vendors. 3D printing is an emerging technology in this industry and likely to reduce long lead times and expensive tooling cost over the coming years. Various firms are developing new materials for 3D printing of wax patterns. For instance, Polymaker, a 3D printing material manufacturer has specially developed a PolyCast material for investment casting patterns which reduces lead time and helps in operational cost savings.

Industry is largely fragmented due to the presence of many regional and global players. In addition, compared to other casting technologies, investment casting is less capital intensive process and is widely popular among the vendors of developing countries like Brazil, Argentina, and India. The key global vendors of the investment casting marketinclude Arconic, , Impro Precision Industries Limited, Hitachi Metals, Ltd., MetalTek International, ZOLLERN GmbH & Co. KG, Precision Castparts Corp., and others.

Further Key Findings from the Report Suggest:

• Aerospace application is projected to dominate the global investment casting industry over the forecast period owing to rising demand for air fleets from countries such as India, China, Indonesia, and others

• Variety of ferrous and nonferrous machined investment castings parts used in the manufacturing of engine & powertrain, suspension, chassis, and body components is expected to aid growth. Furthermore, rising demand for high performance and sustainable components owing to improved performance is expected to propel demand.

• Expansion and increasing output in automotive sector in European countries such as Germany and France are likely to bolster the demand of automotive components made using investment casting method

• Asia Pacific emerged as a key market for investment casting owing to countries like India and China which have observed significant growth in its domestic air travel industry. Thereby, largely influencing the demand for new air fleets and manufacturing of related components.

• Prominent manufacturers are focusing on achieving optimal operational costs and enhancing the quality of products to maintain their dominance in the industry

 Table of Contents

Chapter 1. Methodology and Scope
                  1.1. Market Segmentation & Scope
                  1.2. Market Definition
                  1.3. Information Procurement
                      1.3.1. Purchased Database
                      1.3.2. GVR's Internal Database
                      1.3.3. Secondary Sources & Third-Party Perspectives
                      1.3.4. Primary Research
                  1.4. Information Analysis
                      1.4.1. Data Analysis Models
                  1.5. Market Formulation & Data Visualization
                  1.6. Data Validation & Publishing
Chapter 2. Executive Summary
                  2.1. Market Outlook
                  2.2. Segmental Outlook
                  2.3. Competitive Insights
                  2.4. Market Snapshot
Chapter 3. Investment Casting Market Variables, Trends, & Scope
                  3.1. Penetration & Growth Prospect Mapping
                  3.2. Industry Value Chain Analysis
                  3.3. Technology Overview
                  3.4. Regulatory Framework
                      3.4.1. Standards & Compliance
                  3.5. Business Environment Analysis: Investment Casting Market
                      3.5.1. Industry Analysis - Porter's Analysis
                          3.5.1.1. Supplier Power
                          3.5.1.2. Buyer Power
                          3.5.1.3. Substitution Threat
                          3.5.1.4. Threat from New Entrant
                          3.5.1.5. Competitive Rivalry
                      3.5.2. PESTEL Analysis
                          3.5.2.1. Political Landscape
                          3.5.2.2. Environmental Landscape
                          3.5.2.3. Social Landscape
                          3.5.2.4. Technology Landscape
                          3.5.2.5. Economic Landscape
                          3.5.2.6. Legal Landscape
                      3.5.3. Major Deals & Strategic Alliances Analysis
                          3.5.3.1. Joint Ventures
                          3.5.3.2. Mergers & Acquisitions
                  3.6. Case Studies
                      3.6.1. Robotized Investment Casting
                      3.6.2. Computer Simulation in Investment Casting
                      3.6.3. 3D printing components
Chapter 4. Investment Casting - Industry Estimates & Trend Analysis
                  4.1. Market Segmentation
                  4.2. Market Size and Growth Prospects
                  4.3. Investment Casting - Value Chain Analysis
                  4.4. Investment Casting - Market Dynamics
                      4.4.1. Market Driver Analysis
                          4.4.1.1. Growth of aerospace industry
                          4.4.1.2. Ease in manufacturing intricate metal components in critical applications
                      4.4.2. Market Restraint Analysis
                          4.4.2.1. High cost associated with the casting process
                      4.4.3. Industry Challenges
Chapter 5. Investment Casting Market - Application Estimates & Trend Analysis
                  5.1. Investment Casting Market - Application Type Movement Analysis, 2018 & 2025
                  5.2. Aerospace
                      5.2.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                  5.3. Automotive
                      5.3.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                  5.4. Oil & Gas
                      5.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                  5.5. Medical
                      5.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                  5.6. Mechanical Engineering
                      5.6.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                  5.7. Automation
                      5.7.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                  5.8. Food & Beverage Processing and Packaging Industry
                      5.8.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                  5.9. Energy Technology
                      5.9.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                  5.10. Transportation
                      5.10.1. Market estimates and forecast, 2014 - 2025 (USD Million)
Chapter 6. Investment Casting Market - Regional Estimates & Trend Analysis
                  6.1. Investment Casting Market - Regional Movement Analysis, 2018 & 2025
                  6.2. SWOT Analysis, by Factor (Political & Legal, Economic And Technological)
                      6.2.1. North America
                      6.2.2. Europe
                      6.2.3. Asia Pacific
                      6.2.4. Rest of the World
                          6.2.4.1. Central & South America
                          6.2.4.2. Middle East & Africa
                  6.3. North America
                      6.3.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                      6.3.2. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
                      6.3.3. U.S.
                          6.3.3.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          6.3.3.2. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
                      6.3.4. Canada
                          6.3.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          6.3.4.2. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
                      6.3.5. Mexico
                          6.3.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          6.3.5.2. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
                  6.4. Europe
                      6.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                      6.4.2. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
                      6.4.3. Germany
                          6.4.3.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          6.4.3.2. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
                      6.4.4. UK
                          6.4.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          6.4.4.2. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
                      6.4.5. France
                          6.4.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          6.4.5.2. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
                      6.4.6. Italy
                          6.4.6.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          6.4.6.2. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
                      6.4.7. Russia
                          6.4.7.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          6.4.7.2. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
                      6.4.8. Spain
                          6.4.8.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          6.4.8.2. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
                  6.5. Asia Pacific
                      6.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                      6.5.2. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
                      6.5.3. China
                          6.5.3.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          6.5.3.2. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
                      6.5.4. India
                          6.5.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          6.5.4.2. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
                      6.5.5. Japan
                          6.5.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          6.5.5.2. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
                      6.5.6. South Korea
                          6.5.6.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          6.5.6.2. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
                      6.5.7. Singapore
                          6.5.7.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          6.5.7.2. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
                      6.5.8. Australia
                          6.5.8.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          6.5.8.2. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
                  6.6. Rest of the World
                      6.6.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                      6.6.2. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
                      6.6.3. Argentina
                          6.6.3.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          6.6.3.2. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
                      6.6.4. Brazil
                          6.6.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          6.6.4.2. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
                      6.6.5. Saudi Arabia
                          6.6.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          6.6.5.2. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
                      6.6.6. United Arab Emirates
                          6.6.6.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          6.6.6.2. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
Chapter 7. Competitive Landscape
                  7.1. Vendor Landscape
                  7.2. Competitive Environment
                  7.3. Competitive Market Positioning
                  7.4. Strategy Framework
Chapter 8. Investment Casting Market Competitive Landscape
                  8.1. Arconic, Inc.
                      8.1.1. Company Overview
                      8.1.2. Financial Performance
                      8.1.3. Service benchmarking
                      8.1.4. Strategic Initiatives
                  8.2. Anhui Yingliu Electromechanical Co., Ltd.
                      8.2.1. Company Overview
                      8.2.2. Service benchmarking
                  8.3. ATI
                      8.3.1. Company Overview
                      8.3.2. Financial Performance
                      8.3.3. Service benchmarking
                  8.4. CIREX
                      8.4.1. Company Overview
                      8.4.2. Service benchmarking
                  8.5. INVESTMENT & PRECISION CASTINGS LTD
                      8.5.1. Company Overview
                      8.5.2. Financial Performance
                      8.5.3. Service benchmarking
                  8.6. Doncasters Group Ltd.
                      8.6.1. Company Overview
                      8.6.2. Financial Performance
                      8.6.3. Service benchmarking
                      8.6.4. Strategic Initiatives
                  8.7. Hitachi Metals, Ltd.
                      8.7.1. Company Overview
                      8.7.2. Financial Performance
                      8.7.3. Service benchmarking
                  8.8. Impro Precision Industries Limited
                      8.8.1. Company Overview
                      8.8.2. Service benchmarking
                  8.9. MetalTek International
                      8.9.1. Company Overview
                      8.9.2. Service benchmarking
                  8.10. Precision Castparts Corp.
                      8.10.1. Company Overview
                      8.10.2. Service benchmarking

List of Tables

Table 1 Investment casting market estimates and forecasts in aerospace application, 2014 - 2025 (USD Million)
Table 2 Investment casting market estimates and forecasts in automotive application, 2014 - 2025 (USD Million)
Table 3 Investment casting market estimates and forecasts in oil & gas application, 2014 - 2025 (USD Million)
Table 4 Investment casting market estimates and forecasts in medical application, 2014 - 2025 (USD Million)
Table 5 Investment casting market estimates and forecasts in mechanical engineering application, 2014 - 2025 (USD Million)
Table 6 Investment casting market estimates and forecasts in automation application, 2014 - 2025 (USD Million)
Table 7 Investment casting market estimates and forecasts in food & beverage processing and packaging industry application, 2014 - 2025 (USD Million)
Table 8 Investment casting market estimates and forecasts in energy technology application, 2014 - 2025 (USD Million)
Table 9 Investment casting market estimates and forecasts in transportation application, 2014 - 2025 (USD Million)
Table 10 North America investment casting market estimates and forecasts, 2014 - 2025 (USD Million)
Table 11 North America investment casting market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 12 U.S. investment casting market estimates and forecasts, 2014 - 2025 (USD Million)
Table 13 U.S. investment casting market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 14 Canada investment casting market estimates and forecasts, 2014 - 2025 (USD Million)
Table 15 Canada investment casting market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 16 Mexico investment casting market estimates and forecasts, 2014 - 2025 (USD Million)
Table 17 Mexico investment casting market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 18 Europe investment casting market estimates and forecasts, 2014 - 2025 (USD Million)
Table 19 Europe investment casting market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 20 France investment casting market estimates and forecasts, 2014 - 2025 (USD Million)
Table 21 France investment casting market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 22 Germany investment casting market estimates and forecasts, 2014 - 2025 (USD Million)
Table 23 Germany investment casting market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 24 Italy investment casting market estimates and forecasts, 2014 - 2025 (USD Million)
Table 25 Italy investment casting market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 26 Russia investment casting market estimates and forecasts, 2014 - 2025 (USD Million)
Table 27 Russia investment casting market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 28 Spain investment casting market estimates and forecasts, 2014 - 2025 (USD Million)
Table 29 Spain investment casting market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 30 UK investment casting market estimates and forecasts, 2014 - 2025 (USD Million)
Table 31 UK investment casting market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 32 Asia Pacific investment casting market estimates and forecasts, 2014 - 2025 (USD Million)
Table 33 Asia Pacific investment casting market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 34 China investment casting market estimates and forecasts, 2014 - 2025 (USD Million)
Table 35 China investment casting market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 36 India investment casting market estimates and forecasts, 2014 - 2025 (USD Million)
Table 37 India investment casting market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 38 Japan investment casting market estimates and forecasts, 2014 - 2025 (USD Million)
Table 39 Japan investment casting market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 40 South Korea investment casting market estimates and forecasts, 2014 - 2025 (USD Million)
Table 41 South Korea investment casting market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 42 Singapore investment casting market estimates and forecasts, 2014 - 2025 (USD Million)
Table 43 Singapore investment casting market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 44 Australia investment casting market estimates and forecasts, 2014 - 2025 (USD Million)
Table 45 Australia investment casting market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 46 Rest of the World investment casting market estimates and forecasts, 2014 - 2025 (USD Million)
Table 47 Rest of the World investment casting market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 48 Argentina investment casting market estimates and forecasts, 2014 - 2025 (USD Million)
Table 49 Argentina investment casting market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 50 Brazil investment casting market estimates and forecasts, 2014 - 2025 (USD Million)
Table 51 Brazil investment casting market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 52 Saudi Arabia investment casting market estimates and forecasts, 2014 - 2025 (USD Million)
Table 53 Saudi Arabia investment casting market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 54 United Arab Emirates investment casting market estimates and forecasts, 2014 - 2025 (USD Million)
Table 55 United Arab Emirates investment casting market estimates and forecasts, by application, 2014 - 2025 (USD Million)

List of Figures

Fig. 1 Investment Casting Market - Market Segmentation
Fig. 2 Information Procurement
Fig. 3 Primary Research Pattern
Fig. 4 Primary Research Process
Fig. 5 Primary Research Approaches
Fig. 6 Casting production, by major countries, 2018
Fig. 7 Penetration and Growth Prospect Mapping
Fig. 8 Investment Casting - Value Chain Analysis
Fig. 9 Investment Casting - Market Dynamics
Fig. 10 Market Driver Analysis
Fig. 11 Market Restraint Analysis
Fig. 12 Investment Casting Market: Application Movement Analysis, 2018 & 2025
Fig. 13 Investment Casting Market: Regional Market Snapshot
Fig. 14 SWOT Analysis of North America
Fig. 15 SWOT Analysis of Europe
Fig. 16 SWOT Analysis of Asia Pacific
Fig. 17 SWOT Analysis of Central & South America
Fig. 18 SWOT Analysis of Middle East & Africa
Fig. 19 Key Company/Competition Categorization
Fig. 20 SWOT Analysis of Arconic
Fig. 21 SWOT Analysis of IPCL
Fig. 22 SWOT Analysis of Doncasters Group Ltd
Fig. 23 SWOT Analysis of ATI
Fig. 24 SWOT Analysis of Hitachi Metals, Ltd.