The global lost wax casting market size was US$ 20,511.6 million in 2021. The global lost wax casting market is forecast to grow to US$ 31,401.1 million by 2030 by growing at a compound annual growth rate (CAGR) of 6.5% during the forecast period from 2022 to 2030.

Lost Wax Casting Market Status, Trends and COVID-19 Impact Report 2021, Covid 19 Outbreak Impact research report added by Quadintel, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Lost Wax Casting Market , and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Digital Evidence Management market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region

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Lost wax or cire-perdue is the process of using a wax pattern to develop an initial mold. For this type of casting, a ceramic shell is built over a wax pattern in order to develop the parts with uniformity.

Lost wax casting finds wide applications across aerospace, automotive, oil, and gas, chemical industry, power, medical, food and beverage, dentistry, etc. The wide applications of lost wax casting will primarily drive the growth of the market.

Growing investments in healthcare and defense sectors will also boost the growth of the global lost wax casting market during the forecast period.

The global lost wax casting market may experience substantial growth due to growing technological advancements, such as the integration of 3D printing. As a result, it will offer lucrative growth opportunities during the study period. On the contrary, the easy cracking in molds may limit the growth of the lost wax casting market during the study period.

The pandemic has affected the lost wax casting market as various end-user industries witness substantial losses. The COVID-19 pandemic emerged as a substantial drawback for the lost aerospace, automotive, and other sectors. As a result, it impeded the demand for lost wax casting. However, the healthcare expenditure increased significantly during the COVID-19 pandemic. Thus, it upsurged the demand for lost wax casting in this sector. The market is expected to witness potential growth s governments are emphasizing improving healthcare infrastructure. As a result, it will bring lucrative growth opportunities for the lost wax casting in the coming years.

The Asia-Pacific lost wax casting market is forecast to emerge as the largest market in terms of region. It is owing to the growing automotive industry in the region. The Asia-Pacific region holds one of the largest EV industries, which is expected to bring lucrative growth opportunities for the lost wax casting market. Furthermore, rising healthcare, medical, aerospace, and other sectors will significantly contribute to the growth of the Asia-Pacific lost wax casting market during the forecast period.

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Competitors in the Market Ferralloy Inc. Rimer Enterprises, Inc. Impro Industries USA, Inc. Lodestar Quality LLC Modern Aluminum Castings Co., Inc. Waltek Inc. Bescast, Inc. Alcoa Corporation WANGUAN Precision Castparts CORP Other Prominent Players

Market Segmentation The global lost wax casting market segmentation focuses on Process, Metals, End-Users, and Region.

By Process Type Outlook Sodium Silicate Process Silica Sol Process

By Metals Outlook Stainless Steel Steel Ductile Iron Beryllium Copper Aluminum Cobalt Brass Bronze Nickel

By End-User Industries Outlook Aerospace Automotive Oil and Gas Chemical Industry Food Industry Medical Power Dentistry Tools Pharmaceutical Hoisting

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By Regional Outlook ? North America o The U.S. o Canada o Mexico ? Europe ? Western Europe o The UK o Germany o France o Italy o Spain o Rest of Western Europe ? Eastern Europe o Poland o Russia o Rest of Eastern Europe ? Asia Pacific o China o India o Japan o Australia & New Zealand o ASEAN o Rest of Asia Pacific ? Middle East & Africa (MEA) o UAE o Saudi Arabia o South Africa o Rest of MEA ? South America o Brazil o Argentina o Rest of South America

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Key Questions Answered in the Market Report

• How did the COVID-19 pandemic impact the adoption of by various pharmaceutical and life sciences companies? • What is the outlook for the impact market during the forecast period 2021-2030? • What are the key trends influencing the impact market? How will they influence the market in short-, mid-, and long-term duration? • What is the end user perception toward? • How is the patent landscape for pharmaceutical quality? Which country/cluster witnessed the highest patent filing from January 2014-June 2021? • What are the key factors impacting the impact market? What will be their impact in short-, mid-, and long-term duration? • What are the key opportunities areas in the impact market? What is their potential in short-, mid-, and long-term duration? • What are the key strategies adopted by companies in the impact market? • What are the key application areas of the impact market? Which application is expected to hold the highest growth potential during the forecast period 2021-2030? • What is the preferred deployment model for the impact? What is the growth potential of various deployment models present in the market? • Who are the key end users of pharmaceutical quality? What is their respective share in the impact market? • Which regional market is expected to hold the highest growth potential in the impact market during the forecast period 2021-2030? • Which are the key players in the impact market?

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