The global Superalloys (Fe-, Ni- and Co- based) market was valued at US$ 10620 million in 2019 and it is expected to reach US$ 15610 million by the end of 2026, growing at a CAGR of 5.6% during 2021-2026.
Super alloy that exhibit excellent mechanical strength and creep resistance at high temperatures, good surface stability, and corrosion and oxidation resistance. They typically have an austenitic face-Center, and cubic crystal structure with a base alloying element of nickel, cobalt, or nickel-iron. The development of Superalloy has primarily been driven by the aerospace and power industries.
The corrosion-resistant Superalloy is widely used in extreme environments where tremendous heat and corrosion resistance is paramount to the integrity of the end product. Chemical and petrochemical processing, power plants, and oil and gas industries widely use this superalloy.
Many of the industrial nickel-based superalloy contains alloying elements, including chromium (Cr), aluminum (Al), titanium (Ti), molybdenum (Mo), tungsten (W), niobium (Nb), tantalum (Ta) and cobalt (Co).
The superalloy market is concentrated. The numbers of major manufacturer in this field would be no more than 50. Regionally, USA is the biggest consumption region of superalloy, about 34.36% of the global superalloy consumption, and the market share of EU is also considerable. Consumption in China is more separated, but in fast development. a kind of advanced material, the production of superalloy highly relies on the downstream demand. Aerospace is the biggest market of superalloy, which takes more than 56.36% of total superalloy production in last year. IGT (electricity) and IGT (mechanical) are also major application of superalloy.
Global Superalloys (Fe-, Ni-and Co-based) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Superalloys (Fe-, Ni-and Co-based) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Precision Castparts Corporation, Ati, Haynes, Carpenter, Aperam, Eramet Group, Amg, Hitachi Metals, Cmk Group, Vdm, Nippon Yakin Kogyo, Doncasters, Alcoa, Vsmpo-Avisma, Fushun Special Steel, Cisri Gaona, Baosteel, Ansteel, Zhongke Sannai and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Fe based
- Ni based
- Co based
Segment by Application
- IGT (Electricity)
- IGT (Mechanical)
The largest application is aerospace, which accounted for 56.36% in 2018.
Table of Content:
1 Superalloys (Fe-, Ni-and Co-based) Market Overview
2 Superalloys (Fe-, Ni-and Co-based) Market Competition by Manufacturers
3 Superalloys (Fe-, Ni-and Co-based) Retrospective Market Scenario by Region
4 Global Superalloys (Fe-, Ni-and Co-based) Historic Market Analysis by Type
5 Global Superalloys (Fe-, Ni-and Co-based) Historic Market Analysis by Application
6 Key Companies Profiled
7 Superalloys (Fe-, Ni-and Co-based) Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Superalloys (Fe-, Ni-and Co-based) Market Dynamics
10 Global Superalloys (Fe-, Ni-and Co-based) Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta