High Value-Added Investment Casting Market to Grow at a Robust Pace During 2023-2028

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. 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. …
- 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
?
- 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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