Market Overview:
The global tantalum market is expected to reach USD XX million by 2030, at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth is mainly attributed to the increasing demand for capacitors, carbide cutting tools and wear parts, turbine and aircraft structural parts, medical implants, optical coatings and thin film resistors. Tantalum has unique physical and chemical properties that make it an essential material in various applications across different industries. Some of the key players in the global tantalum market are Global Advanced Metals Pty Ltd., Tanaka Kikinzoku Kogyo Kabushiki Kaisha (TKK), American Elements Corporation, Cabot Corporation etc.
Product Definition:
A rare, silver-white metal, tantalum is a member of the refractory metals group, which also includes niobium, molybdenum and tungsten. It has the highest melting point of any element except carbon (6100 degrees Fahrenheit) and is very resistant to corrosion. Tantalum is used to make electronic components for cell phones and other devices because it doesn't corrode in the presence of salt or other chemicals found in those products. The metal also has medical applications: Tantalum can be fashioned into tiny implants that help repair bone fractures.
Chemical Refining:
Chemical refining is a process to separate the impurities from different raw materials using chemical reactions. The end products of chemical refining are pure and highly valuable commodities which find application in various industries such as automotive, electrical & electronics, medical devices, etc.
The global chemical refining market was valued at USD 53.6 billion in 2016.
Electrolysis & Fabrication:
Electrolysis and fabrication are two processes used to extract rare earth metals from their ores. In electrolysis, a strong electric current is passed through the solution while in fabrication, the metal is removed as a solid piece. Both these methods yield pure and high-quality metal products.
Electrolytic process yields more output product with low energy consumption which makes it suitable for small scale operations where energy cost is an important factor.
Application Insights:
The application segment includes capacitors, carbide cutting tools and wear parts, turbine and aircraft structural parts, medical implants, optical coatings, thin film resistors. The demand for the product in these applications is expected to witness growth on account of its properties such as high strength at low temperature and excellent corrosion resistance. In addition to this factor; technological developments such as powder metal technology will further boost the market over the forecast period.
Capacitors are one of the important application areas where Tantalum-based products are used due to their superior characteristics including high conductivity & insulation resistance along with a low dielectric constant & dissipation factor which makes them suitable for use in power electronic devices & capacitors that operate at very high frequencies ranging from radio frequency to microwave region. These factors coupled with increasing demand from various other end-use industries will drive industry growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for tantalum from various end-use industries, such as aerospace & defense, automotive, and electronics. In addition, rising investments by governments of India and China in infrastructure development are likely to boost product demand across these countries.
The growing population coupled with rapid urbanization has led to increased consumption of automobiles in Asia Pacific region which is further anticipated to drive the automotive industry growth thereby driving product demand over the projected period. Furthermore, high investment by foreign players such as Toyota Motor Corporation; Honda Motor Co., Ltd.; Suzuki Motor Corp.; BMW AG; Ford Sollc Inc.
Europe was another major consumer of titanium dioxide globally.
Growth Factors:
- Increasing demand from the electronics industry for tantalum capacitors is expected to be a key growth driver for the market over the forecast period.
- Rising demand from the medical sector for implantable devices is also anticipated to fuel market growth.
- Growing use of tantalum in automotive applications is another key factor that is expected to drive market growth over the next few years.
- Increasing investments in research and development by leading players is likely to result in new product launches, which will subsequently boost demand for tantalum globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tantalum Market Research Report
By Type
Chemical Refining, Electrolysis & Fabrication, Metalworking, Anode Powder and Wire, Superalloy, Sputtering Targets
By Application
Capacitors, Carbide Cutting Tools and Wear Parts, Turbine and Aircraft Structural Parts, Medical Implants, Optical Coatings, Thin Film Resistors
By Companies
H.C. Strack, Ningxia Orient Tantalum Industry, Duoluoshan Sapphire Rare Metal, Fogang Jiata Metals, Metallurgical Products, ULBA Metallurgical Plant, ...
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Tantalum Market Report Segments:
The global Tantalum market is segmented on the basis of:
Types
Chemical Refining, Electrolysis & Fabrication, Metalworking, Anode Powder and Wire, Superalloy, Sputtering Targets
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Capacitors, Carbide Cutting Tools and Wear Parts, Turbine and Aircraft Structural Parts, Medical Implants, Optical Coatings, Thin Film Resistors
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- H.C. Strack
- Ningxia Orient Tantalum Industry
- Duoluoshan Sapphire Rare Metal
- Fogang Jiata Metals
- Metallurgical Products
- ULBA Metallurgical Plant
- ...
Highlights of The Tantalum Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Chemical Refining
- Electrolysis & Fabrication
- Metalworking
- Anode Powder and Wire
- Superalloy
- Sputtering Targets
- By Application:
- Capacitors
- Carbide Cutting Tools and Wear Parts
- Turbine and Aircraft Structural Parts
- Medical Implants
- Optical Coatings
- Thin Film Resistors
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Tantalum Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Tantalum is a rare and valuable metal that is used in many different applications. Tantalum is often found in batteries, lighting, and other electronic devices.
Some of the major companies in the tantalum market are H.C. Strack, Ningxia Orient Tantalum Industry, Duoluoshan Sapphire Rare Metal, Fogang Jiata Metals, Metallurgical Products, ULBA Metallurgical Plant.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tantalum Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Tantalum Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tantalum Market - Supply Chain
4.5. Global Tantalum Market Forecast
4.5.1. Tantalum Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tantalum Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tantalum Market Absolute $ Opportunity
5. Global Tantalum Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Tantalum Market Size and Volume Forecast by Type
5.3.1. Chemical Refining
5.3.2. Electrolysis & Fabrication
5.3.3. Metalworking
5.3.4. Anode Powder and Wire
5.3.5. Superalloy
5.3.6. Sputtering Targets
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tantalum Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Tantalum Market Size and Volume Forecast by Application
6.3.1. Capacitors
6.3.2. Carbide Cutting Tools and Wear Parts
6.3.3. Turbine and Aircraft Structural Parts
6.3.4. Medical Implants
6.3.5. Optical Coatings
6.3.6. Thin Film Resistors
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tantalum Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Tantalum Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Tantalum Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Tantalum Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Tantalum Demand Share Forecast, 2019-2029
9. North America Tantalum Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Tantalum Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Tantalum Market Size and Volume Forecast by Application
9.4.1. Capacitors
9.4.2. Carbide Cutting Tools and Wear Parts
9.4.3. Turbine and Aircraft Structural Parts
9.4.4. Medical Implants
9.4.5. Optical Coatings
9.4.6. Thin Film Resistors
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tantalum Market Size and Volume Forecast by Type
9.7.1. Chemical Refining
9.7.2. Electrolysis & Fabrication
9.7.3. Metalworking
9.7.4. Anode Powder and Wire
9.7.5. Superalloy
9.7.6. Sputtering Targets
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Tantalum Demand Share Forecast, 2019-2029
10. Latin America Tantalum Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Tantalum Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Tantalum Market Size and Volume Forecast by Application
10.4.1. Capacitors
10.4.2. Carbide Cutting Tools and Wear Parts
10.4.3. Turbine and Aircraft Structural Parts
10.4.4. Medical Implants
10.4.5. Optical Coatings
10.4.6. Thin Film Resistors
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tantalum Market Size and Volume Forecast by Type
10.7.1. Chemical Refining
10.7.2. Electrolysis & Fabrication
10.7.3. Metalworking
10.7.4. Anode Powder and Wire
10.7.5. Superalloy
10.7.6. Sputtering Targets
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Tantalum Demand Share Forecast, 2019-2029
11. Europe Tantalum Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Tantalum Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Tantalum Market Size and Volume Forecast by Application
11.4.1. Capacitors
11.4.2. Carbide Cutting Tools and Wear Parts
11.4.3. Turbine and Aircraft Structural Parts
11.4.4. Medical Implants
11.4.5. Optical Coatings
11.4.6. Thin Film Resistors
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tantalum Market Size and Volume Forecast by Type
11.7.1. Chemical Refining
11.7.2. Electrolysis & Fabrication
11.7.3. Metalworking
11.7.4. Anode Powder and Wire
1.7.5. Superalloy
11.7.6. Sputtering Targets
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Tantalum Demand Share, 2019-2029
12. Asia Pacific Tantalum Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Tantalum Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Tantalum Market Size and Volume Forecast by Application
12.4.1. Capacitors
12.4.2. Carbide Cutting Tools and Wear Parts
12.4.3. Turbine and Aircraft Structural Parts
12.4.4. Medical Implants
12.4.5. Optical Coatings
12.4.6. Thin Film Resistors
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tantalum Market Size and Volume Forecast by Type
12.7.1. Chemical Refining
12.7.2. Electrolysis & Fabrication
12.7.3. Metalworking
12.7.4. Anode Powder and Wire
12.7.5. Superalloy
12.7.6. Sputtering Targets
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Tantalum Demand Share, 2019-2029
13. Middle East & Africa Tantalum Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Tantalum Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Tantalum Market Size and Volume Forecast by Application
13.4.1. Capacitors
13.4.2. Carbide Cutting Tools and Wear Parts
13.4.3. Turbine and Aircraft Structural Parts
13.4.4. Medical Implants
13.4.5. Optical Coatings
13.4.6. Thin Film Resistors
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tantalum Market Size and Volume Forecast by Type
13.7.1. Chemical Refining
13.7.2. Electrolysis & Fabrication
13.7.3. Metalworking
13.7.4. Anode Powder and Wire
13.7.5. Superalloy
13.7.6. Sputtering Targets
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Tantalum Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Tantalum Market: Market Share Analysis
14.2. Tantalum Distributors and Customers
14.3. Tantalum Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. H.C. Strack
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ningxia Orient Tantalum Industry
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Duoluoshan Sapphire Rare Metal
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fogang Jiata Metals
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Metallurgical Products
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ULBA Metallurgical Plant
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ...
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
