The report enumerates the High Performance Alloys Market share held by the major players of the industry and delivers a full view of the competitive landscape. This market is categorized into different segments with the comprehensive analysis of each with respect to the geography for the study period. Based on the historical study and estimates future prospects based on in-depth research, this report briefly provides the market trends, size, growth, and estimation for the period 2018-2025.
High performance alloys display combine properties of metals, nonmetals and metalloids. Such properties include high mechanical strength, resistance to corrosion and oxidation as well as high temperature resistance. They can perform in extreme conditions of pressure, temperature, radiation and corrosive media.
Commercially available high performance alloys include non-ferrous, platinum, refractory and superalloys. Some of the popular trade names are Hastelloy, Waspaloy, Inconel and Rene alloys. The end-user industries of high performance alloys are aerospace, industrial gas turbines, automotive, oil & gas and electronics. High performance alloys find novel use in fuel cells and as catalytic converters.
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Non-ferrous alloys (titanium & aluminium) are the leading product segments of the global high temperature alloys market. Superalloys follow them in the terms of demand and production. Alloys of the platinum group metal are now finding increased usage as catalytic converters in passenger vehicles. Aerospace industries are the largest end users of the global high performance alloys market followed by the manufacturers of industrial gas turbines. The demand from the aerospace industry is projected to rise even more during the post forecasted period, as the production of low cost carriers is on uprise.
The aerospace industry is investing heavily into research and development (R&D) to manufacture high performance alloys, to meet the industry needs. Governments around the world are promoting policies, which favour the use of high performance alloys in the aerospace sector. The eco-friendly policies are further enhancing the growth of high performance alloys. In addition, governments of the developing countries like India & China are promoting FDI in the metal alloy sector. All these factors are serving as major driving forces of the global high performance alloys. However, the high cost of some of these metal alloys may serve as a constraint to the growth of the certain segments of global high performance metal alloys market like the platinum group.
North America is the global leader of high performance alloys market followed by Europe. The high performance alloys markets of Asia-Pacific and Middle East & Africa are projected to start growing by a very high rate from the final leg of the forecasted period. The key players in global high performance alloys market include VSMPO, Haynes International Inc Verkhne Saldinskoye Metallurgicheskiy, Proizvodstvennoe Obedinenie, ThyssenKrupp AG, RTI International Metals Inc, Outokumpu Oyj, Carpenter Technology Corporation, Aperam SA, and Allegheny Technologies Limited.
Table Of Contents – Overview
4.High Performance Alloys Market Analysis By Products
5.High Performance Alloys Market Analysis By Applications
6.High Performance Alloys Market Analysis By Region
7.Competitive Landscape Of High Performance Alloys Companies
8.Company Profiles Of High Performance Alloys Industry
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