Niobium is used as an additive in nickel-, iron- or cobalt-based superalloys. It not only has a high melting point of 2468°C, but is also resistant to corrosion and oxidation.
Nickel base superalloys compete with steel products and even with Titanium alloys. They provide the combined benefits of extreme corrosion resistance, heat resistance and very high strength at elevated temperatures. These properties are required for applications in land based turbines and aircraft turbine engines, chemical industry, on and off shore oil and gas production, power generation, thermal processing, petrol chemistry, automotive, paper industry and food processing. Niobium has an important impact as an alloying element in nickel base superalloys. Niobium alloys have become increasingly importance in industrial and aircraft applications, where superior heat and corrosion resistance is required. This type of superalloys contains up to 5 wt-% Niobium.
In the past few years, this industry has developed rapidly due to strong downstream demand. With strong aerospace demand, The South of US consumes 61% of nickel niobium. H.C. Starck, COMETAL, S.A, AMG Superalloy, Reading Alloys Inc. and Kennametal Inc. are major players in the US market. The leader in the Reading Alloys Inc market. According to QYR estimates, in 2020, Reading Alloys Inc has a 23.6% market share in the US.
Global Nickel Niobium market size will increase to xx Million US$ by 2026, from xx Million US$ in 2020, at a CAGR of xx% during the forecast period. In this study, 2020 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Nickel Niobium.
This report covers the present status and the future prospects of the global Nickel Niobium market for 2015-2026.
The report offers detailed coverage of Nickel Niobium industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Nickel Niobium by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
H.C. Starck, COMETAL, S.A, KBM Affilips, Westbrook Resources, AMG Superalloy, Metalink, Reading Alloys Inc, Kennametal Inc
Market Segment as follows:
Market by Order Type
Nickel Niobium 60%
Nickel Niobium 65%
Others
Nickel Niobium Breakdown Data by Application
Nickel-based Superalloys
Special Nickel Steels
Others
Nickel Niobium Production market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Nickel Niobium market for the forecast period 2021 - 2026?
• What are the driving forces in the Nickel Niobium market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Nickel Niobium industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.