Isostatic Pressing Market 2027: Overview, Trends, Analysis, Outlook and Key Players
According to the latest report by IMARC Group, titled “ Isostatic Pressing Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, ” the market is expected to reach a value of US$ 8.4 Billion by 2027 exhibiting a CAGR of 5.20% during 2022-2027. Isostatic pressing (IP) refers to a powder metallurgical (PM) forming process involving the application of pressure on a powder compact to achieve maximum uniformity of microstructure. It provides strength and density, shape flexibility, low tooling cost, reduced lead times, and enhanced alloying possibilities. As it also offers improved mechanical properties, such as ductility, impact resistance, and fatigue strength, IP finds extensive application in various end use industries across the globe. As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the lat