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The investment casting market size is forecast to increase by USD 3.98 billion at a CAGR of 4.5% between 2023 and 2028. The market is experiencing significant growth, driven by key trends in various industries. The automotive sector's expansion, fueled by increasing demand for lightweight and fuel-efficient vehicles, is a major growth factor. Additionally, the rise in air passenger traffic and the subsequent need for more aircraft components have boosted the market. Furthermore, energy-intensive industries, such as power generation and oil and gas, continue to rely on investment casting for their high-performance and intricately designed components. These trends, coupled with the market's ability to produce complex geometries and high-precision parts, make investment casting an essential process in numerous industries. Despite these opportunities, challenges persist, including raw material costs, energy consumption, and the need for continuous process optimization.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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