Market Overview:
The global cobalt-based alloy powder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cobalt-based alloy powders in various applications, such as rod, wire, electrode, casting and others. In terms of volume, the North America region is expected to lead the global cobalt-based alloy powder market during the forecast period.
Product Definition:
Cobalt-based alloy powder is a metallic material made of cobalt and one or more other elements. It is used in various applications, including metalworking, welding, and coating.
100~200 Mesh Size:
100-200 mesh size is the range of sieve elements that can be used in a particular process. It's important to understand the difference between sieve sizes as their use and growth factor in different processes plays an important role in cobalt-based alloy powder market.
200~300 Mesh Size:
200-300 mesh size is the range of sieve elements that can be used in a cobalt-based alloy powder for filtration. The 200-300 mesh size is widely used in the market as it provides good separation efficiency and low pressure drop during the process. It’s mainly preferred when there are impurities present, which need to be separated from liquid or solid feed materials.
Application Insights:
The rod application segment led the global cobalt-based alloy powder market in 2017 and is projected to maintain its dominance over the forecast period. The growth of this segment can be attributed to increasing demand from construction, electrical & electronics, and energy sectors. In addition, high demand for rods of various sizes for use in drilling machines is expected to drive the product demand over the next eight years.
Wire was another prominent application that accounted for a significant share in 2017. It is projected to witness steady growth at a CAGR of XX% from 2018 to 2030 owing to rising applications across automotive industry components as well as wind turbines among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key manufacturers such as Nippon Steel & Sumitomo Metal Corporation, (NSSMC) and China Non-ferrous Metals Mining Company Limited (CNMM) in the region has positively influenced the product demand. In addition, rising population coupled with increasing disposable income levels will drive industry growth over this period.
North America was a significant regional market for cobalt-based products owing to high consumption of automobiles on account of growing consumer awareness regarding fuel economy along with stringent government regulations pertaining to carbon emissions from vehicles operating under hybrid or electric power trains. However, sluggish economic growth post recession is anticipated to negatively impact industry expansion over this period; whereas recovery prospects for manufacturing sectors are positive which will augment overall industry size by 2030 time frame.
Growth Factors:
- Increasing demand from the aerospace and defense industries for high-performance alloys that offer superior strength, hardness, and corrosion resistance
- Growing popularity of additive manufacturing (AM) technology, which is helping to drive up demand for cobalt-based alloy powders
- Rising prices of cobalt due to its limited supply and growing industrial use
- Emerging economies such as China and India are expected to see strong growth in the automotive sector, which will lead to increased demand for cobalt-based alloy powders
- Technological advancements that result in new applications for cobalt-based alloy powders
Scope Of The Report
Report Attributes
Report Details
Report Title
Cobalt-based Alloy Powder Market Research Report
By Type
100~200 Mesh Size, 200~300 Mesh Size, 300~400 Mesh Size, 400~500 Mesh Size, Others
By Application
Rod, Wire, Electrode, Casting, Others
By Companies
Kennametal, ATI, Material Technology Innovations Co., Ltd, Praxair Surface Technologies, Stanford Advanced Materials, Shanghai Global Fusion Materials Technology Co, Chengdu Huarui Industrial Materials Co, Kennametal
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
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Cobalt-based Alloy Powder Market Report Segments:
The global Cobalt-based Alloy Powder market is segmented on the basis of:
Types
100~200 Mesh Size, 200~300 Mesh Size, 300~400 Mesh Size, 400~500 Mesh Size, Others
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
Rod, Wire, Electrode, Casting, Others
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:
- Kennametal
- ATI
- Material Technology Innovations Co., Ltd
- Praxair Surface Technologies
- Stanford Advanced Materials
- Shanghai Global Fusion Materials Technology Co
- Chengdu Huarui Industrial Materials Co
- Kennametal
Highlights of The Cobalt-based Alloy Powder 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:
- 100~200 Mesh Size
- 200~300 Mesh Size
- 300~400 Mesh Size
- 400~500 Mesh Size
- Others
- By Application:
- Rod
- Wire
- Electrode
- Casting
- Others
- 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 Powder 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
- 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 alloy powder is a type of metal powder that contains cobalt. It is used in manufacturing various products, such as steel, aluminum, and copper alloys.
Some of the key players operating in the cobalt-based alloy powder market are Kennametal, ATI, Material Technology Innovations Co., Ltd, Praxair Surface Technologies, Stanford Advanced Materials, Shanghai Global Fusion Materials Technology Co, Chengdu Huarui Industrial Materials Co, Kennametal.
The cobalt-based alloy powder market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cobalt-based Alloy Powder Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cobalt-based Alloy Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cobalt-based Alloy Powder Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cobalt-based Alloy Powder Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cobalt-based Alloy Powder Market Size & Forecast, 2020-2028
4.5.1 Cobalt-based Alloy Powder Market Size and Y-o-Y Growth
4.5.2 Cobalt-based Alloy Powder Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 100~200 Mesh Size
5.2.2 200~300 Mesh Size
5.2.3 300~400 Mesh Size
5.2.4 400~500 Mesh Size
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Rod
6.2.2 Wire
6.2.3 Electrode
6.2.4 Casting
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cobalt-based Alloy Powder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cobalt-based Alloy Powder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 100~200 Mesh Size
9.6.2 200~300 Mesh Size
9.6.3 300~400 Mesh Size
9.6.4 400~500 Mesh Size
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Rod
9.10.2 Wire
9.10.3 Electrode
9.10.4 Casting
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 100~200 Mesh Size
10.6.2 200~300 Mesh Size
10.6.3 300~400 Mesh Size
10.6.4 400~500 Mesh Size
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Rod
10.10.2 Wire
10.10.3 Electrode
10.10.4 Casting
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 100~200 Mesh Size
11.6.2 200~300 Mesh Size
11.6.3 300~400 Mesh Size
11.6.4 400~500 Mesh Size
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Rod
11.10.2 Wire
11.10.3 Electrode
11.10.4 Casting
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 100~200 Mesh Size
12.6.2 200~300 Mesh Size
12.6.3 300~400 Mesh Size
12.6.4 400~500 Mesh Size
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Rod
12.10.2 Wire
12.10.3 Electrode
12.10.4 Casting
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 100~200 Mesh Size
13.6.2 200~300 Mesh Size
13.6.3 300~400 Mesh Size
13.6.4 400~500 Mesh Size
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Rod
13.10.2 Wire
13.10.3 Electrode
13.10.4 Casting
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cobalt-based Alloy Powder Market: Competitive Dashboard
14.2 Global Cobalt-based Alloy Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kennametal
14.3.2 ATI
14.3.3 Material Technology Innovations Co., Ltd
14.3.4 Praxair Surface Technologies
14.3.5 Stanford Advanced Materials
14.3.6 Shanghai Global Fusion Materials Technology Co
14.3.7 Chengdu Huarui Industrial Materials Co
14.3.8 Kennametal
