Middle East & Africa Isostatic Pressing Market Forecast to 2030

At 4.6% CAGR, Middle East & Africa Isostatic Pressing Market is Speculated to be Worth US$ 496.07 Million by 2030, says the Research Team

According to the Research Team’ research, the Middle East & Africa isostatic pressing market was valued at US$ 346.68 million in 2022 and is projected to reach US$ 496.07 million by 2030, registering a CAGR of 4.6% from 2022 to 2030. Growing industrialization and expanding aerospace and defense sector are among the critical factors attributed to drive the Middle East & Africa isostatic pressing market growth.

Growing industrialization has led to a heightened demand for advanced materials with specific properties such as enhanced strength, wear resistance, and thermal stability. Isostatic pressing is a key manufacturing process for shaping and consolidating these materials. In the aerospace industry, where components require high strength and lightweight properties, isostatic pressing is used to manufacture intricate parts from advanced materials such as titanium, alloys, and ceramics. Industrialization has driven the adoption of powder metallurgy techniques, and isostatic pressing is integral to this process. It allows for efficient shaping and consolidation of metal powders to produce high-performance components. For example, in automotive manufacturing, isostatic pressing is utilized to shape and consolidate metal powders for producing components such as gears, bushings, and connecting rods with superior mechanical properties. As industries become more specialized, there is an increasing need for precision and consistency in the production of components. Isostatic pressing ensures uniform density and accurate shaping, meeting stringent quality requirements. In the medical sector, isostatic pressing is employed to manufacture precise and consistent components such as dental implants and prosthetics, where accuracy is crucial for optimal performance. A combination of factors, including government policy, entrepreneurial ambitions, and labor-saving inventions, can drive industrialization. In July 2022, several Middle Eastern countries, chiefly in the GCC, launched ambitious programs to diversify and grow their manufacturing. These countries seek to meet regional and national demand and position themselves as export platforms. Thus, the growing industrialization is driving the isostatic pressing market by creating demand for advanced materials, precision-manufactured components, efficient powder metallurgy, metal matrix composites, and supporting additive manufacturing.

On the contrary, high initial investment hampers the growth of Middle East & Africa isostatic pressing market.

Based on offering, the Middle East & Africa isostatic pressing market is bifurcated into systems and services. The systems segment held 78.5% market share in 2022, amassing US$ 272.13 million. It is projected to garner US$ 399.19 million by 2030 to register 4.9% CAGR during 2022-2030.

In terms of type, the Middle East & Africa isostatic pressing market is segmented into hot isostatic pressing (HIP), cold isostatic pressing (CIP), and warm isostatic pressing (WIP). The hot isostatic pressing (HIP) segment held 60.0% share of Middle East & Africa isostatic pressing market in 2022, amassing US$ 207.84 million. It is anticipated to garner US$ 309.12 million by 2030 to expand at 5.1% CAGR during 2022-2030. 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.

By application, the Middle East & Africa isostatic pressing market is segmented into automotive, aerospace and defense, precision machine manufacturing, medical, energy and power, and others. The others segment held 25.4% market share in 2022, amassing US$ 88.16 million. It is projected to garner US$ 135.95 million by 2030 to register 5.6% CAGR during 2022-2030.

Based on country, the Middle East & Africa isostatic pressing market is categorized into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 41.6% share of Middle East & Africa isostatic pressing market in 2022. It was assessed at US$ 144.10 million in 2022 and is likely to hit US$ 215.66 million by 2030, registering a CAGR of 5.2% during 2022-2030.

Key players operating in the Middle East & Africa isostatic pressing market are Hiperbaric USA Corp, Kennametal Inc., Kobe Steel Ltd, and Nikkiso Co Ltd, among others.

In May 2023, Quintus Technologies, a subsidiary of Kobe Steel Ltd, has recently introduced a new product called the Purus Toolbox for Hot Isostatic Pressing (HIP). This innovative toolbox is designed to enhance the capabilities and efficiency of the hot isostatic pressing process. The Purus Toolbox for HIP is a comprehensive solution that combines software, hardware, and process expertise to optimize the HIP process. It offers advanced features such as real-time monitoring and control, data analysis, and process simulation. These capabilities enable manufacturers to achieve higher productivity, reduce costs, and improve the quality of the final products.

o 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.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o 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.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o 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.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The the Reporting Teams 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 the Reporting Teams
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)