Middle East & Africa Isostatic Pressing Market Forecast to 2030 - Regional Analysis - by Offering (Systems and Services), Type [Hot Isostatic Pressing (HIP), Cold Isostatic Pressing (CIP), and Warm Isostatic Pressing (WIP)], and Application (Automotive, Aerospace and Defense, Precision Machine Manufacturing, Medical, Energy and Power, and Others)
The Middle East & Africa isostatic pressing market was valued at US$ 346.68 million in 2022 and is expected to reach US$ 496.07 million by 2030; it is estimated to register a CAGR of 4.6% from 2022 to 2030.
Green Manufacturing Bolsters Middle East & Africa Isostatic Pressing Market
Green manufacturing is the establishment of environmentally friendly operations and the renewal of production processes within the manufacturing field. Manufacturers across the spectrum are leveraging sustainable manufacturing practices to reduce costs and waste, gain competitive advantage, improve operational efficiency, and enhance regulatory compliance. Green manufacturing emphasizes material efficiency and waste reduction. Isostatic pressing allows for the precise shaping of materials, minimizing waste and optimizing material usage. Isostatic pressing contributes to green practices by efficiently shaping powders into components, reducing material waste compared to traditional machining methods. The adoption of energy-efficient processes aligns with green manufacturing goals. Advancements in isostatic pressing equipment allow for energy optimization during the shaping process. Modern isostatic pressing machines with improved energy management systems contribute to reducing overall energy consumption, making the process more environmentally friendly. Green manufacturing encourages the use of sustainable and recyclable materials. Isostatic pressing supports the shaping of various materials, including those that align with sustainable practices. Isostatic pressing can be applied to shape components from recyclable materials, promoting an economy and reducing the environmental impact of manufacturing processes. Thus, green manufacturing is a growing trend for the isostatic pressing market, emphasizing material efficiency, energy optimization, the use of sustainable materials, and reduced environmental impact.
Middle East & Africa Isostatic Pressing Market Overview
The Middle East's economy has traditionally depended on energy and power industry, driving economic and national prosperity. The energy industry is experiencing significant growth in terms of investments due to the rising need for electricity generation. In the Middle East & Africa, investments in renewables increased by 19% in 2021 to US$ 12.8 billion. The MEA continued to grow due to its concentrated solar power sector, which aims to concentrate the sun's energy using reflective devices, including mirror panels, to produce heat, which is used to produce electricity. The Middle East & Africa added probable 5.2 GW of solar power capacity in 2021, up to 3%. Off-grid installations grew rapidly, and rooftop photovoltaics outside of regulatory schemes have progressed in many countries in the Middle East & Africa. Isostatic pressing is involved in shaping components for energy systems, such as wind turbines and solar power equipment. This includes parts such as ceramic bearings and structural components. Components manufactured through isostatic pressing offer the necessary mechanical properties and resistance to environmental factors, contributing to the longevity and reliability of energy systems. Therefore, with the growing energy & power industry, the demand for isostatic pressing is increasing.
Middle East & Africa Isostatic Pressing Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Segmentation
The Middle East & Africa isostatic pressing market is categorized into offering, type, application, and country.
Based on offering, the Middle East & Africa is bifurcated into systems and services. The systems segment held a larger market share in 2022.
In terms of type, the Middle East & Africa is segmented into hot isostatic pressing (HIP), cold isostatic pressing (CIP), and warm isostatic pressing (WIP). The hot isostatic pressing (HIP) segment held the largest market share in 2022. Furthermore, the hot isostatic pressing (HIP) segment is sub segmented into large sized, medium sized, and small sized. Additionally, the cold isostatic pressing (CIP) segment is bifurcated into dry bag pressing and wet bag pressing.
Based on application, the Middle East & Africa is segmented into automotive, aerospace and defense, precision machine manufacturing, medical, energy and power, and others. The others segment held the largest market share in 2022.
By country, the Middle East & Africa is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa share in 2022.
Hiperbaric USA Corp, Kennametal Inc., Kobe Steel Ltd, and Nikkiso Co Ltd are some of the leading companies operating in the Middle East & Africa .
TABLE OF CONTENTS
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Isostatic Pressing Market Landscape
4.1 Overview
4.2 Middle East & Africa PEST Analysis
4.3 Ecosystem Analysis
4.3.1 Raw Material Providers:
4.3.2 System Manufacturer:
4.3.3 End Users:
4.3.4 List of Vendors in Value Chain
5. Middle East & Africa Isostatic Pressing Market - Key Industry Dynamics
5.1 Middle East & Africa Isostatic Pressing Market - Key Industry Dynamics
5.2 Market Drivers
5.2.1 Growing Industrialization
5.2.2 Expanding Aerospace and Defense Sector
5.2.3 Increasing Adoption of Additive Manufacturing
5.3 Market Restraints
5.3.1 High Initial Investment
5.3.2 Labor Shortage
5.4 Market Opportunities
5.4.1 Growing Demand for Low-Cost Titanium and its Alloys in The Automotive Industry
5.4.2 Increasing Technological Advancement
5.5 Future Trends
5.5.1 Green Manufacturing
5.6 Impact of Drivers and Restraints:
6. Isostatic Pressing Market - Middle East & Africa Market Analysis
6.1 Middle East & Africa Isostatic Pressing Market Revenue (US$ Million), 2020 - 2030
6.2 Middle East & Africa Isostatic Pressing Market Forecast and Analysis
7. Middle East & Africa Isostatic Pressing Market Analysis - Offering
7.1 Systems
7.1.1 Overview
7.1.2 Systems Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Services
7.2.1 Overview
7.2.2 Services Market, Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa Isostatic Pressing Market Analysis - Type
8.1 Hot Isostatic Pressing (HIP)
8.1.1 Overview
8.1.2 Hot Isostatic Pressing (HIP) Market, Revenue and Forecast to 2030 (US$ Million)
8.1.2.1 Large Sized
8.1.2.1.1 Overview
8.1.2.1.2 Large Sized Market, Revenue and Forecast to 2030 (US$ Million)
8.1.2.2 Medium Sized
8.1.2.2.1 Overview
8.1.2.2.2 Medium Sized Market, Revenue and Forecast to 2030 (US$ Million)
8.1.2.3 Small Sized
8.1.2.3.1 Overview
8.1.2.3.2 Small Sized Market, Revenue and Forecast to 2030 (US$ Million)
8.2 Cold Isostatic Pressing (CIP)
8.2.1 Overview
8.2.2 Cold Isostatic Pressing (CIP) Market, Revenue and Forecast to 2030 (US$ Million)
8.2.2.1 Dry Bag Pressing
8.2.2.1.1 Overview
8.2.2.1.2 Dry Bag Pressing Market, Revenue and Forecast to 2030 (US$ Million)
8.2.2.2 Wet Bag Pressing
8.2.2.2.1 Overview
8.2.2.2.2 Wet Bag Pressing Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Warm Isostatic Pressing (WIP)
8.3.1 Overview
8.3.2 Warm Isostatic Pressing (WIP) Market, Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa Isostatic Pressing Market Analysis - Application
9.1 Automotive
9.1.1 Overview
9.1.2 Automotive Market, Revenue and Forecast to 2030 (US$ Million)
9.2 Aerospace and Defense
9.2.1 Overview
9.2.2 Aerospace and Defense Market, Revenue and Forecast to 2030 (US$ Million)
9.3 Precision Machine Manufacturing
9.3.1 Overview
9.3.2 Precision Machine Manufacturing Market, Revenue and Forecast to 2030 (US$ Million)
9.4 Medical
9.4.1 Overview
9.4.2 Medical Market, Revenue and Forecast to 2030 (US$ Million)
9.5 Energy & Power
9.5.1 Overview
9.5.2 Energy & Power Market, Revenue and Forecast to 2030 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others Market Revenue, and Forecast to 2030 (US$ Million)
10. Middle East & Africa Isostatic Pressing Market - Country Analysis
10.1 Middle East & Africa Isostatic Pressing Market
10.1.1 Middle East & Africa Isostatic Pressing Market, by Key Country
10.1.1.1 Saudi Arabia: Middle East & Africa Isostatic Pressing Market - Revenue, and Forecast to 2030 (US$ Million)
10.1.1.1.1 Saudi Arabia Middle East & Africa Isostatic Pressing Market Breakdown by Offering
10.1.1.1.2 Saudi Arabia: Middle East & Africa Isostatic Pressing Market, by Type
10.1.1.1.3 Saudi Arabia: Middle East & Africa Isostatic Pressing Market, by Application
10.1.1.2 UAE: Middle East & Africa Isostatic Pressing Market - Revenue, and Forecast to 2030 (US$ Million)
10.1.1.2.1 UAE Middle East & Africa Isostatic Pressing Market Breakdown by Offering
10.1.1.2.2 UAE: Middle East & Africa Isostatic Pressing Market, by Type
10.1.1.2.3 UAE: Middle East & Africa Isostatic Pressing Market, by Application
10.1.1.3 South Africa: Middle East & Africa Isostatic Pressing Market - Revenue, and Forecast to 2030 (US$ Million)
10.1.1.3.1 South Africa Middle East & Africa Isostatic Pressing Market Breakdown by Offering
10.1.1.3.2 South Africa: Middle East & Africa Isostatic Pressing Market,by Type
10.1.1.3.3 South Africa: Middle East & Africa Isostatic Pressing Market, by Application
10.1.1.4 Rest of Middle East & Africa: Middle East & Africa Isostatic Pressing Market - Revenue, and Forecast to 2030 (US$ Million)
10.1.1.4.1 Rest of Middle East & Africa Middle East & Africa Isostatic Pressing Market Breakdown by Offering
10.1.1.4.2 Rest of Middle East & Africa: Middle East & Africa Isostatic Pressing Market, by Type
10.1.1.4.3 Rest of Middle East & Africa: Middle East & Africa Isostatic Pressing Market, by Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Hiperbaric USA Corp
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Kennametal Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Kobe Steel Ltd
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Nikkiso Co Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
List of Tables
Table 1. Middle East & Africa Isostatic Pressing Market Segmentation
Table 2. Middle East & Africa Isostatic Pressing Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. Middle East & Africa Isostatic Pressing Market Revenue and Forecasts to 2030 (US$ Million) - Offering
Table 4. Middle East & Africa Isostatic Pressing Market Revenue and Forecasts to 2030 (US$ Million) -Type
Table 5. Hot Middle East & Africa Isostatic Pressing Market Revenue and Forecasts to 2030 (US$ Million) -Type
Table 6. Cold Middle East & Africa Isostatic Pressing Market Revenue and Forecasts to 2030 (US$ Million) -Type
Table 7. Middle East & Africa Isostatic Pressing Market Revenue and Forecasts to 2030 (US$ Million) - Application
Table 8. Saudi Arabia: Middle East & Africa Isostatic Pressing Market, by Offering - Revenue and Forecast to 2030 (US$ Million)
Table 9. Saudi Arabia: Middle East & Africa Isostatic Pressing Market, by Type - Revenue and Forecast to 2030 (US$ Million)
Table 10. Saudi Arabia: Middle East & Africa Isostatic Pressing Market, by Hot Isostatic Pressing (HIP) - Revenue and Forecast to 2030 (US$ Million)
Table 11. Saudi Arabia: Middle East & Africa Isostatic Pressing Market, by Cold Isostatic Pressing (CIP) - Revenue and Forecast to 2030 (US$ Million)
Table 12. Saudi Arabia: Middle East & Africa Isostatic Pressing Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 13. UAE: Middle East & Africa Isostatic Pressing Market, by Offering - Revenue and Forecast to 2030 (US$ Million)
Table 14. UAE: Middle East & Africa Isostatic Pressing Market, by Type - Revenue and Forecast to 2030 (US$ Million)
Table 15. UAE: Middle East & Africa Isostatic Pressing Market, by Hot Isostatic Pressing (HIP) - Revenue and Forecast to 2030 (US$ Million)
Table 16. UAE: Middle East & Africa Isostatic Pressing Market, by Cold Isostatic Pressing (CIP) - Revenue and Forecast to 2030 (US$ Million)
Table 17. UAE: Middle East & Africa Isostatic Pressing Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 18. South Africa: Middle East & Africa Isostatic Pressing Market, by Offering - Revenue and Forecast to 2030 (US$ Million)
Table 19. South Africa: Middle East & Africa Isostatic Pressing Market, by Type - Revenue and Forecast to 2030 (US$ Million)
Table 20. South Africa: Middle East & Africa Isostatic Pressing Market, by Hot Isostatic Pressing (HIP) - Revenue and Forecast to 2030 (US$ Million)
Table 21. South Africa: Middle East & Africa Isostatic Pressing Market, by Cold Isostatic Pressing (CIP) - Revenue and Forecast to 2030 (US$ Million)
Table 22. South Africa: Middle East & Africa Isostatic Pressing Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 23. Rest of Middle East & Africa: Middle East & Africa Isostatic Pressing Market, by Offering - Revenue and Forecast to 2030 (US$ Million)
Table 24. Rest of Middle East & Africa: Middle East & Africa Isostatic Pressing Market, by Type - Revenue and Forecast to 2030 (US$ Million)
Table 25. Rest of Middle East & Africa: Middle East & Africa Isostatic Pressing Market, by Hot Isostatic Pressing (HIP) - Revenue and Forecast to 2030 (US$ Million)
Table 26. Rest of Middle East & Africa: Middle East & Africa Isostatic Pressing Market, by Cold Isostatic Pressing (CIP) - Revenue and Forecast to 2030 (US$ Million)
Table 27. Rest of Middle East & Africa: Middle East & Africa Isostatic Pressing Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 28. List of Abbreviation
List of Figures
Figure 1. Middle East & Africa Isostatic Pressing Market Segmentation, By Country
Figure 2. PEST Analysis
Figure 3. Ecosystem: Isostatic Pressing Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Middle East & Africa Isostatic Pressing Market Revenue (US$ Million), 2020 - 2030
Figure 6. Middle East & Africa Isostatic Pressing Market Share (%) - Offering, 2022 and 2030
Figure 7. Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 8. Services Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9. Middle East & Africa Isostatic Pressing Market Share (%) - Type, 2022 and 2030
Figure 10. Hot Isostatic Pressing (HIP) Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. Large Sized Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. Medium Sized Market Revenue and Forecasts to 2030 (US$ Million)
Figure 13. Small Sized Market Revenue and Forecasts to 2030 (US$ Million)
Figure 14. Cold Isostatic Pressing (CIP) Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15. Dry Bag Pressing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 16. Wet Bag Pressing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 17. Warm Isostatic Pressing (WIP) Market Revenue and Forecasts to 2030 (US$ Million)
Figure 18. Middle East & Africa Isostatic Pressing Market Share (%) - Application, 2022 and 2030
Figure 19. Automotive Market Revenue and Forecasts to 2030 (US$ Million)
Figure 20. Aerospace and Defense Market Revenue and Forecasts to 2030 (US$ Million)
Figure 21. Precision Machine Manufacturing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 22. Medical Market Revenue and Forecasts to 2030 (US$ Million)
Figure 23. Energy and Power Market Revenue and Forecasts to 2030 (US$ Million)
Figure 24. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 25. Middle East & Africa Isostatic Pressing Market, By Key Country - Revenue (2022) (US$ Million)
Figure 26. Middle East & Africa Isostatic Pressing Market Revenue Share, by Key Country (2022 and 2030)
Figure 27. Saudi Arabia: Middle East & Africa Isostatic Pressing Market - Revenue, and Forecast to 2030 (US$ Million)
Figure 28. UAE: Middle East & Africa Isostatic Pressing Market - Revenue, and Forecast to 2030 (US$ Million)
Figure 29. South Africa: Middle East & Africa Isostatic Pressing Market - Revenue, and Forecast to 2030 (US$ Million)
Figure 30. Rest of Middle East & Africa: Middle East & Africa Isostatic Pressing Market - Revenue, and Forecast to 2030 (US$ Million)
1. Hiperbaric USA Corp
2. Kennametal Inc.
3. Kobe Steel Ltd
4. Nikkiso Co Ltd
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa isostatic pressing market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa isostatic pressing market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa isostatic pressing market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.