Global Tantalum Market Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Global Tantalum Market - Segmented by Products, Application and Geography - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global tantalum market is expected to witness a CAGR of approximately 3.1%, during the forecasted period, majorly driven by its increasing application base in the electronics industry and extensive use of tantalum alloys in aviation and gas turbine.

Tantalum is a dense silver metal with high ductility, and heat and electricity conducting properties. Due to the formation of a thin film called oxide, the element possess high corrosion-resistance property owing to which it is highly preferred in the electronics industry. Majority of the tantalum is consumed in the electronics industry primarily as powder and wire for capacitors. The demand for tantalum is expected to rise from the growing telecommunication sector owing to requirement for low voltage capacitors, hence, driving the market for tantalum.

Tantalum powder witnessed the highest demand from the capacitors industry. This is majorly because it offers unique properties, as well as high capacitance value in the smallest physical component size. As a result, driving the demand for capacitors. Furthermore, with the growth of the electronics industry and the technological development for usage of such materials in industries, such as medical, the demand for tantalum is expected to rise.

Rwanda and Congo are the world's largest producer for tantalum. The countries are also among the major exporters of tantalum. In 2016, Congo dominated the market with a production of 370 tons, however in 2017, Rwanda again gained back its position of the major tantalum producing country. But, it is difficult to ascertain the how much tantalum is actually produced in the country's mines, as it is being said that much of the country's mineral production arrives from countries, like Congo, where conflict minerals are an issue.

Companies Mentioned

  • Alkane Resources Limited
  • Altura Mining Ltd.
  • China Minmetals Corporation
  • Fogang Jiata Metals Co. Ltd.
  • Global Advanced Metals
  • Globe Metals and Mining
  • Grandciew Materials Inc.
  • H.C. Starck
  • Metallurgical Products Co.
  • Ningxia Orient Tantalum Industry Co. Ltd.
  • Rohm Semiconductors
  • Taki Chemical Co. Ltd.
  • ULBA Metallurgical Plant

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Future of the Market

8. Competitive Landscape

9. Company Profiles

10. Disclaimer

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Contacts

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Related Topics: Non Ferrous Metals

Contacts

ResearchAndMarkets.com
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
Related Topics: Non Ferrous Metals