Global Superalloys Market Analysis & Industry Forecast 2017-2023, With an Expected CAGR of 8.9% - ResearchAndMarkets.com

DUBLIN--()--The "Superalloys Market by Base Material and Application - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to ResearchAndMarkets.com's offering.

The global superalloys market was valued at $4,158 million in 2016, and is estimated to reach $7,677 million by 2023, growing at a CAGR of 8.9% from 2017 to 2023. In 2016, nickel-based segment held more than half share of the total market.

Superalloys are the group of alloys, which are alloyed particularly with nickel, cobalt, and iron along with other metals to enhance their corrosion resistance. These alloys are widely used in aerospace gas turbine engines, nuclear reactors, power generation turbines, petrochemical equipment, rocket engines, and others owing to their remarkable properties such as high mechanical strength, creep resistance at high temperature, significant surface stability, and corrosion, oxidation, & high-temperature, resistance.

The growth of the global superalloys market is driven by the increase in demand for these alloys in range of industries such as aerospace, oil & gas, automotive, and others. They are widely used in turbine engines, as the thermodynamics efficiency of turbine engines is increased with increasing turbine inlet temperature, which is expected to provide lucrative growth opportunity to the market players.

Nickel-based superalloys is the leading base material segment, as these superalloys possess high-temperature mechanical properties and oxidation resistance. These alloys are majorly used in hottest parts of gas turbines turbine blades, turbine discs, metal processing, and casting blades. Presently, these alloys constitute over 50% of the weight of advanced aircraft engines.

Companies Mentioned:

  • Allegheny Technologies Incorporated (ATI)
  • Haynes International
  • Special Metals Corporation
  • Aperam
  • Carpenter Technology
  • AMG Superalloys
  • Doncasters
  • Nippon Yakin Kogyo
  • Universal Stainless
  • Danyang City Kaixin Alloy Material Co. Ltd.
  • Supreme Special Steel Pvt. Ltd.
  • TI Steel Private Ltd.
  • AcmeCast
  • Balaji Superalloys

Key Topics Covered:

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Market Overview

Chapter 4: Superalloys Market, By Base Material

Chapter 5: Superalloys Market, By Application

Chapter 6: Superalloys Market, By Region

Chapter 7: Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/zhz6ck/global?w=4

Contacts

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Laura Wood, Senior Manager
press@researchandmarkets.com
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Related Topics: Metals and Minerals

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: Metals and Minerals