DUBLIN--(BUSINESS WIRE)--The "High Performance Alloys - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The High Performance Alloys market worldwide is projected to grow by US$3.2 Billion, driven by a compounded growth of 4.5%.
Non-Ferrous Metal, one of the segments analyzed and sized in this study, displays the potential to grow at over 5%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$6.2 Billion by the year 2025, Non-Ferrous Metal will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 3.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$112.7 Million to the region's size and clout in the next 5 to 6 years. Over US$90.2 Million worth of projected demand in the region will come from Rest of Europe markets.
In Japan, Non-Ferrous Metal will reach a market size of US$320.9 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 7.2% over the next couple of years and add approximately US$924 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East.
All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Key Topics Covered
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of COVID-19 and a Looming Global Recession
- High Performance Alloys: Marvelous, Smarter, Lighter, and Superior Quality Metals with Outstanding Strength
- Growth Drivers Summarized
- High-Performance Alloys: End-Use Application Areas in a Nutshell
- Recent Market Activity
- Superior Attributes in Terms of Performance and High Temperatures over Conventional Alloys Drive Widespread Market Adoption
- Standard Alloy vis--vis High Performance Alloy
- Characteristic Properties of High Performance Alloys
- High Performance Alloys Top the Metals Hierarchy
- Major Categories of High Performance Alloys Based on Attributes
- Global Market Outlook
- Developed Markets Dominate Consumption, While Developing Countries Spearhead Current and Future Growth
- Recovering Growth Fundamentals Signal Optimistic Market Outlook
- Global Competitor Market Shares
- High Performance Alloys Competitor Market Share Scenario Worldwide (in %): 2018 & 2029
2. FOCUS ON SELECT PLAYERS
- Allegheny Technologies Incorporated (USA)
- AMG Advanced Metallurgical Group N.V. (The Netherlands)
- AMG Aluminum North America, LLC (USA)
- AMG Superalloys UK Limited (UK)
- Aperam S.A. (Luxembourg)
- Arconic Inc. (USA)
- Howmet International Inc. (USA)
- Carpenter Technology Corporation (USA)
- Constellium N.V. (The Netherlands)
- Doncasters Group Limited (UK)
- ERAMET S.A. (France)
- Fort Wayne Metals, Inc. (USA)
- Glencore Plc (Switzerland)
- Global Brass and Copper Holdings, Inc. (USA)
- H.C. Starck GmbH (Germany)
- Haynes International, Inc. (USA)
- High Performance Alloys Inc. (USA)
- Hitachi Metals, Ltd. (Japan)
- Metallurgical Plant Electrostal, JSC (Russia)
- Nippon Yakin Kogyo Co., Ltd. (Japan)
- Precision Castparts Corp. (USA)
- Titanium Metals Corporation (TIMET) (USA)
- Special Metals Corporation (USA)
- Sandvik AB (Sweden)
- TimkenSteel Corporation (USA)
- Universal Stainless & Alloys Inc. (Canada)
- VDM Metals GmbH (Germany)
- VSMPO-AVISMA Corporation (Russia)
3. MARKET TRENDS & DRIVERS
- Focus on 'Lightweighting' in Aerospace, Automotive, and Infrastructure Systems Drive Healthy Growth in Demand for HPAs
- The Aviation Industry: The Pioneer in Use of Light-Weighting Superalloys
- Myriad Benefits Drive Robust Demand for Various Light-weighting Materials in Automotive Manufacturing
- High Performance Alloys to Aid the Ongoing Light-weighting Trend in Automotive Manufacture
- Lightweight Magnesium Alloys as Raw Material for Automobile Parts
- Stable Vehicle Production Offers Growth Opportunities in the OEM Market
- Growing Applications of High Performance Alloys in Aircraft Manufacturing Sustain Dominance of the Aerospace End-use Sector
- Rising Focus on New & Efficient Aerospace Manufacturing Materials: The Fundamental Growth Driver
- High Performance Alloys Improves Safety and Performance of Aircraft Engines
- Rise in Aircraft Fleet Drive Long-term Opportunities
- Stable Commercial Aviation Outlook to Extend Opportunities for HPAs in the Aerospace Sector
- Myriad Industrial Applications Drive Strong Demand for Titanium Based Alloys
- Superior Corrosion Resistance Attributes Catapults Nickel Alloys as the Dominant Alloy Segment
- Accelerated Growth in Various End-Use Industries Drives Nickel-Based Superalloys Market
- Growing Prominence of Cost Effective Products with Extended Life Promote Demand for Corrosion Resistant HPAs
- Increasing Power Generation Activity Lends Traction to Market Growth
- Increasing Adoption of Nuclear Power Technology Bodes Well for the Market
- Turbine Applications Offer Significant Growth Opportunities
- High Performance Alloys Reduce Weight & Increase Convenience of Medical Devices
- Increasing Activity in the Oil & Gas Sector to Cater to Demand Bodes Well for the Market
- Superalloys in Domestic and Leisure Applications: Untapped Market Potential
- Other Steadily Growing Application Sectors for Superalloys
- Chemical Processing Industry
- Glass Making Industry
- Military Applications
- Other Industrial Applications
- INNOVATIONS AND ADVANCEMENTS
- High-Entropy Alloys (HEA)
- An Alloy Sturdier than Titanium
- Superalloy for Manufacturing Critical Components of Aircraft and Land-based Engines
- New Technique for Preventing Nano Twins Formation in Alloys Meant for Turbine Engines
- Creation of High Performing Metal Alloys the Biomimicry Way
- High-temperature Alloy Coatings for Nuclear Applications
- 3D Printing to Achieve Higher Precision and Efficiency with Alloys
- Advanced High-Performance Alloys for Additive Manufacturing (AM)
- Crofer 22 H: Enhanced High-Performance Alloy
- Scientists Investigate Novel Technique to Use Titanium Alloys for Aerospace
- New Technique to Develop Reliable AHS Steel for Aerospace Applications
- Supercomputer Cray XC 40 Allows Researchers to Explore New Alloys
- Integrated Database-based Approach for Quicker Development of New High Performance Alloys
- Radiolysis: Production of Super Alloys via Nanoparticle Synthesis
- Process and Chemical Innovations for Developing Super Alloys
- Novel System for Developing Metal Nanoparticles and Alloys
- Development of High Performance Copper Alloys
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
- Total Companies Profiled: 92
For more information about this report visit https://www.researchandmarkets.com/r/o1xuku
