High Value-Added Investment Casting Market to Witness Mounting Growth in Approaching Time
Stratview Research delivers key insights on the global High Value-Added Investment Casting Market. According to Stratview Research, the market is segmented by Industry Type (Aerospace, Defense, and Industrial Gas Turbine), Material Type (Nickel, Titanium, Stainless Steel, Aluminum, and Others), Application Type (Engine and Airframe), End-User (OE and Aftermarket), and Region
Market Insights
The report suggests that the overall High Value-Added Investment Casting Market was estimated to grow from USD 8.66 billion in 2022 to USD 14.2 billion by 2028 at a CAGR of over 7.1% during the forecast period.
Market Segments' Analysis
Industry Type
The market is segmented into aerospace, defense, and industrial gas turbine. The aerospace industry accounted for more than 75% of the market share in 2022.
Material Type
The market is segmented into nickel, titanium, stainless steel, aluminum, and others. The nickel segment dominated the market with a share of more than 60% in 2022, whereas titanium is the fastest-growing material type in the market during the forecast period.
Regional Analysis
North America remains the largest market with a share of more than 55% in 2022 & it is expected to hold the top spot in coming years too, followed by Europe and Asia-Pacific.
Key Players
The following are some of the key players in the high value-added investment casting market:
howmet Aerospace
Impro Industries USA, Inc.
MetalTek International
Precision Castparts Corp.
Sunrise Metal
Zollern GmbH & Co. KG
FREQUENTLY ASKED QUESTIONS
The report answers several questions related to the market. The user can get to know the answers to the following questions…
- What is the global demand for high value-added investment casting market in terms of revenue?
- Which are the prominent players in the market?
- At what CAGR is the market projected to grow within the forecast period?
- What are the driving factors fuelling the growth of the market?
- Which region accounted for the largest share in the market?
- How did the Covid19 impacted the market?
- How long will it take to recover from the Covid impact?
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