The global cobalt-based alloy market is expected to grow at a CAGR of 4.5% from 2021 to 2030. The growth of the market can be attributed to the increasing demand for cobalt-based alloys in various applications such as aerospace, aircraft, defense, power generation and medical. The increasing demand for these alloys is due to their high strength and corrosion resistance properties which make them suitable for use in harsh environments. The global cobalt-based alloy market has been segmented on the basis of type into cobalbase wea resistant alloys, cobalbase hig temperature alloys and cobalbase corrosio resistant alloys. On the basis of application, it has been segmented into aerospace, aircraft, defense, power generation and medical. Geographically it has been segmented into North America (US, Canada), Latin America (Mexico), Europe (Germany), Asia Pacific (China) and Middle East & Africa (Saudi Arabia).
Some Of The Growth Factors Of This Market:
- Increasing demand for electric vehicles and other industrial applications are driving the growth of the global cobalt-based alloy market over the forecast period (2018-2023).
- China is one of the major markets for cobalt based alloys due to its rapid economic growth and increasing automotive production in recent years which has led to an increase in demand for these alloys as well as their prices which have increased significantly over time due to supply constraints on raw materials such as nickel and copper which are used in these alloys along with cobalt itself which has been experiencing shortages since 2016 when it was discovered that there was a significant decline in reserves worldwide leading many companies such as Volkswagen AG who were using this metal extensively had no choice but to switch back from using it entirely or use less than they would have liked because they could not afford it anymore because prices had gone up so much since then .
Industry Growth Insights published a new data on “Cobalt-based Alloy Market”. The research report is titled “Cobalt-based Alloy Market research by Types (Cobalt-Base Wear-Resistant Alloys, Cobalt-Base High-Temperature Alloys, Cobalt-Base Corrosion-Resistant Alloys), By Applications (Aerospace, Aircraft, Defense, Power Generation, Medical), By Players/Companies Haynes International, SOON, Rolled Alloys, S-Tech Corp., ATI, VDM Metals, NeoNickel, NAAN SHINN Enterprise, NT SYSTEMLOESUNGEN”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cobalt-based Alloy Market Research Report
By Type
Cobalt-Base Wear-Resistant Alloys, Cobalt-Base High-Temperature Alloys, Cobalt-Base Corrosion-Resistant Alloys
By Application
Aerospace, Aircraft, Defense, Power Generation, Medical
By Companies
Haynes International, SOON, Rolled Alloys, S-Tech Corp., ATI, VDM Metals, NeoNickel, NAAN SHINN Enterprise, NT SYSTEMLOESUNGEN
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Cobalt-based Alloy Market Report Segments:
The global Cobalt-based Alloy market is segmented on the basis of:
Types
Cobalt-Base Wear-Resistant Alloys, Cobalt-Base High-Temperature Alloys, Cobalt-Base Corrosion-Resistant Alloys
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
Aerospace, Aircraft, Defense, Power Generation, Medical
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:
- Haynes International
- SOON
- Rolled Alloys
- S-Tech Corp.
- ATI
- VDM Metals
- NeoNickel
- NAAN SHINN Enterprise
- NT SYSTEMLOESUNGEN
Highlights of The Cobalt-based Alloy 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:
- Cobalt-Base Wear-Resistant Alloys
- Cobalt-Base High-Temperature Alloys
- Cobalt-Base Corrosion-Resistant Alloys
- By Application:
- Aerospace
- Aircraft
- Defense
- Power Generation
- Medical
- 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 Cobalt-based Alloy 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.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- 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?
Cobalt-based alloys are a type of metal alloy that contains cobalt as one of its main elements. Cobalt-based alloys are often used in products that need to resist corrosion, such as car parts and pipelines.
Some of the major companies in the cobalt-based alloy market are Haynes International, SOON, Rolled Alloys, S-Tech Corp., ATI, VDM Metals, NeoNickel, NAAN SHINN Enterprise, NT SYSTEMLOESUNGEN.
The cobalt-based alloy market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cobalt-based Alloy 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. Cobalt-based Alloy Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cobalt-based Alloy Market - Supply Chain
4.5. Global Cobalt-based Alloy Market Forecast
4.5.1. Cobalt-based Alloy Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cobalt-based Alloy Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cobalt-based Alloy Market Absolute $ Opportunity
5. Global Cobalt-based Alloy 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. Cobalt-based Alloy Market Size and Volume Forecast by Type
5.3.1. Cobalt-Base Wear-Resistant Alloys
5.3.2. Cobalt-Base High-Temperature Alloys
5.3.3. Cobalt-Base Corrosion-Resistant Alloys
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cobalt-based Alloy 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. Cobalt-based Alloy Market Size and Volume Forecast by Application
6.3.1. Aerospace
6.3.2. Aircraft
6.3.3. Defense
6.3.4. Power Generation
6.3.5. Medical
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cobalt-based Alloy 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. Cobalt-based Alloy 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 Cobalt-based Alloy 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. Cobalt-based Alloy 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 Cobalt-based Alloy Demand Share Forecast, 2019-2029
9. North America Cobalt-based Alloy 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 Cobalt-based Alloy 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 Cobalt-based Alloy Market Size and Volume Forecast by Application
9.4.1. Aerospace
9.4.2. Aircraft
9.4.3. Defense
9.4.4. Power Generation
9.4.5. Medical
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cobalt-based Alloy Market Size and Volume Forecast by Type
9.7.1. Cobalt-Base Wear-Resistant Alloys
9.7.2. Cobalt-Base High-Temperature Alloys
9.7.3. Cobalt-Base Corrosion-Resistant Alloys
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 Cobalt-based Alloy Demand Share Forecast, 2019-2029
10. Latin America Cobalt-based Alloy 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 Cobalt-based Alloy 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 Cobalt-based Alloy Market Size and Volume Forecast by Application
10.4.1. Aerospace
10.4.2. Aircraft
10.4.3. Defense
10.4.4. Power Generation
10.4.5. Medical
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cobalt-based Alloy Market Size and Volume Forecast by Type
10.7.1. Cobalt-Base Wear-Resistant Alloys
10.7.2. Cobalt-Base High-Temperature Alloys
10.7.3. Cobalt-Base Corrosion-Resistant Alloys
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 Cobalt-based Alloy Demand Share Forecast, 2019-2029
11. Europe Cobalt-based Alloy 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 Cobalt-based Alloy 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 Cobalt-based Alloy Market Size and Volume Forecast by Application
11.4.1. Aerospace
11.4.2. Aircraft
11.4.3. Defense
11.4.4. Power Generation
11.4.5. Medical
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cobalt-based Alloy Market Size and Volume Forecast by Type
11.7.1. Cobalt-Base Wear-Resistant Alloys
11.7.2. Cobalt-Base High-Temperature Alloys
11.7.3. Cobalt-Base Corrosion-Resistant Alloys
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 Cobalt-based Alloy Demand Share, 2019-2029
12. Asia Pacific Cobalt-based Alloy 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 Cobalt-based Alloy 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 Cobalt-based Alloy Market Size and Volume Forecast by Application
12.4.1. Aerospace
12.4.2. Aircraft
12.4.3. Defense
12.4.4. Power Generation
12.4.5. Medical
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cobalt-based Alloy Market Size and Volume Forecast by Type
12.7.1. Cobalt-Base Wear-Resistant Alloys
12.7.2. Cobalt-Base High-Temperature Alloys
12.7.3. Cobalt-Base Corrosion-Resistant Alloys
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 Cobalt-based Alloy Demand Share, 2019-2029
13. Middle East & Africa Cobalt-based Alloy 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 Cobalt-based Alloy 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 Cobalt-based Alloy Market Size and Volume Forecast by Application
13.4.1. Aerospace
13.4.2. Aircraft
13.4.3. Defense
13.4.4. Power Generation
13.4.5. Medical
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cobalt-based Alloy Market Size and Volume Forecast by Type
13.7.1. Cobalt-Base Wear-Resistant Alloys
13.7.2. Cobalt-Base High-Temperature Alloys
13.7.3. Cobalt-Base Corrosion-Resistant Alloys
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 Cobalt-based Alloy Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Cobalt-based Alloy Market: Market Share Analysis
14.2. Cobalt-based Alloy Distributors and Customers
14.3. Cobalt-based Alloy Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Haynes International
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SOON
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Rolled Alloys
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. S-Tech Corp.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ATI
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. VDM Metals
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. NeoNickel
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. NAAN SHINN Enterprise
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. NT SYSTEMLOESUNGEN
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