Global Tantalum Market 2017-2021: Smartphone Penetration Triggering Demand For Capacitors / Increasing Demand For Implants / Increasing Use Of Tantalum In Aerospace Superalloys - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Tantalum Market 2017-2021" report to their offering.

The global tantalum market to grow at a CAGR of 3.13% during the period 2017-2021.

The report covers the present scenario and the growth prospects of the global tantalum market for 2017-2021. To calculate the market size, the report considers the sales of tantalum for capacitors, turbine and aircraft structure parts, optical coatings, medical implants, thin-film resistors, carbide cutting tools and wear parts, and other end-markets. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is huge growth prospects due to increasing IoT applications. The Internet of Things (IoT) applications are expected to have a tremendous growth during the forecast period. The introduction of new and innovative electronic and electrical products with advanced connectivity features will boost the IoT applications. The greater propagation of the idea of a connected world will further stimulate innovation and the introduction of electronic and electrical products, i.e., smartphones, notebooks, TV sets, and tablets. These products extensively use capacitors for their functioning.

Market Dynamics

Market drivers

  • Smartphone penetration triggering demand for capacitors
  • Increasing demand for implants
  • Increasing use of tantalum in aerospace superalloys

Market challenges

  • Miniaturization leading to reduced use
  • Tantalum designated as conflict mineral
  • Niobium replacing tantalum in some applications

Market trends

  • Huge growth prospects due to increasing IoT applications
  • Growth in smart grid market
  • New emerging applications

Key vendors

  • Advanced Metallurgical
  • China Minmetals
  • Global Advanced Metals
  • H.C. Starck
  • Ningxia Orient Tantalum Industry

Other prominent vendors

  • Ethiopian Mineral Development Share Company (EMDSC)
  • Jiangxi KING-TAN Tantalum Industry
  • Mineração Taboca

For more information about this report visit http://www.researchandmarkets.com/research/zppkm7/global_tantalum

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Non Ferrous Metals

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Non Ferrous Metals