Isostatic Pressing Companies - Kobe Steel, Ltd. (Japan) and Bodycote (UK) are the Key Players
The global Isostatic pressing market is expected to grow from USD 8.1 billion in 2023 to USD 11.7 billion by 2028, registering a CAGR of 7.6%. The demand for high-performance materials is on the rise across multiple industries, which is driving the need for manufacturing processes that are both cost-effective and efficient; this is likely to drive the isostatic pressing market in the forecast period.
Kobe Steel, Ltd. (Japan), Bodycote (UK), Kennametal, Inc. (US), Nikkiso., Ltd. (Japan), and DORST technologies are the top players in the Isostatic pressing market. These companies have a worldwide presence and offer a wide range of Isostatic pressing and related solutions and services. They rely on their R&D capabilities and diversified product and service portfolios to increase their market share.
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Top 3 Players in the Isostatic Pressing Market:
Kobe Steel, Ltd.
Kobe Steel, Ltd., founded in 1905 and headquartered in Kobe, Japan, is a major global company with a strong reputation for technological expertise. It operates across various business segments, including Iron & Steel, Welding, Aluminum & Copper, Machinery, and Engineering, and has a widespread presence in Asia, Europe, and the Americas. Kobe Steel is also well-known for its comprehensive range of HIP equipment, which can handle diverse materials and shapes. It includes HIP systems that produce high-density, high-performance materials such as ceramics, metals, and alloys. Additionally, the company provides a range of HIP furnaces, including cold-wall type, hot-wall type, and combination types.
Bodycote
Bodycote is a well-known global thermal processing service provider founded in 1923 and headquartered in Macclesfield, UK. The company has expanded its operations to over 180 locations across more than 20 countries and is now a key player.
Bodycote offers various thermal processing services to various industries, including aerospace, automotive, energy, medical, and general engineering. These services include surface technology, heat treatment, and brazing, all of which help improve the performance and durability of materials used in these sectors.
The company's commitment to providing top-quality services is evident in its investment in new technologies and processes. For instance, Bodycote has invested in Hot Isostatic Pressing (HIP) technology, which is used to consolidate and enhance material properties, as well as Powder Metallurgy (PM), which involves compacting and sintering metal powders to create near-net-shape components.
With its advanced technologies, global reach, and dedication to providing high-quality services, Bodycote is the industry's leading thermal processing services provider. The company continues to expand its operations and invest in new technologies to serve its customers better.
Kennametal, Inc.
Kennametal is a leading industrial technology company headquartered in Pittsburgh, Pennsylvania, serving various aerospace, automotive, construction, energy, and industrial sectors. The company operates through multiple business segments, including Industrial, Infrastructure, and WIDIA. It offers an extensive range of industrial products and solutions, such as cutting tools, tooling systems, wear-resistant products, and engineered components.
Kennametal's advanced manufacturing solutions include Hot Isostatic Pressing (HIP), which uses high temperature and high pressure to consolidate, densify, and enhance the properties of materials such as metals, ceramics, and composites. The HIP process enables Kennametal to manufacture high-performance components with improved mechanical properties, including enhanced fatigue and fracture resistance, increased strength, and greater dimensional accuracy. The HIP is suitable for the production of complex shapes and large components.
Furthermore, Kennametal's HIP systems have advanced automation and process control technologies to ensure consistent and repeatable results. The company provides various HIP services, including materials development, process optimization, and component manufacturing. Leveraging its HIP technology, Kennametal helps customers develop new products and improve existing ones, leading to improved performance, increased efficiency, and reduced costs .
Related Reports:
Isostatic Pressing Market by Offering ( System, Services), Type (Hot and Cold), HIP Capacity (Small, Medium, & Large), CIP Process (Wet & Dry), Industry (Automotive, Aerospace, Medical, Manufacturing) and Geography - Global Forecast to 2028
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