Market Overview:
The global cobalt-chromium powder market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for cobalt-chromium alloy powders in dental implants, medical implants, and gas turbines applications. North America is expected to lead the global cobalt-chromium powder market in terms of revenue during the forecast period. Asia Pacific is projected to be the fastest growing region in terms of CAGR during the forecast period owing to rising demand for cobalt-chromium alloy powders from countries such as China and India.
Product Definition:
A cobalt-chromium alloy powder is a metallic material made by combining cobalt and chromium. It has a variety of uses, including as a pigment, in alloys and as an additive to medical implants.
CoCrMo Alloy Powder:
CoCrMo alloy powder is a new generation material, which contains around 25% of Chromium and Cobalt along with the balance being made up of iron and magnesium. The product has been designed to provide high-temperature resistance for both ferrous as well as non-ferrous components in various industries such as aerospace, automotive & transportation, energy industry etc.
CoNiCrMo Alloy Powder:
CoNiCrMo alloy powder is a new generation material, which contains both cobalt and chromium as metals. It has properties such as high hardness, wear resistance, corrosion resistance and electrical conductivity. CoNiCrMo alloys have applications in various sectors including automotive industry (engine components), aerospace & defense industry (structural parts) and energy industry (generator components).
Application Insights:
Dental implants was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. The increasing use of dental implants owing to benefits such as improved aesthetics, reduced risk of metal fatigue and corrosion, and cost-efficient procedures are anticipated to drive demand for cobalt-chromium powder in dental applications over the coming years.
Medical applications include radiation therapy equipment, cancer treatment centers, x-ray machines, CT scanners etc. Medical Implants are used for various purposes such as bone replacement & reconstruction surgery & trauma care among others. Growing medical applications coupled with rising healthcare spending is expected to have a positive impact on market growth during the forecast period.
Gas turbines application segment comprises turbine blades made from high strength steel alloys containing chromium along with other metals like molybdenum.
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 NITI Aayog, Aditya Birla Grasun Chemicals Ltd., and others has led to a high production of chromium in this region. China is one of the largest producers owing to low labor costs and easy availability of land. In addition, India also produces large amounts owing to cheap labor costs coupled with favorable government regulations for domestic manufacturing activities.
Growth Factors:
- Increasing demand from medical implants and prosthetic devices industry
- Rising awareness about the benefits of cobalt-chromium alloy over traditional stainless steel alloys for medical implants
- Growing number of surgical procedures requiring implantation of cobalt-chromium alloy components
- Technological advancements in the field of metal additive manufacturing that are facilitating wider adoption of cobalt-chromium powder in manufacturing medical implants
- Rising demand for customized medical implants
Scope Of The Report
Report Attributes
Report Details
Report Title
Cobalt-Chromium Powder Market Research Report
By Type
CoCrMo Alloy Powder, CoNiCrMo Alloy Powder, CoCrWNi Alloy Powder, Others
By Application
Dental Implants, Medical Implants, Gas Turbines, Others
By Companies
Arcam, CarTech, VDM Metals, Kulzer, EOS, SLM, Dentaurum, 3DMT, AMC Powders, ACME, Arcam
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
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Cobalt-Chromium Powder Market Report Segments:
The global Cobalt-Chromium Powder market is segmented on the basis of:
Types
CoCrMo Alloy Powder, CoNiCrMo Alloy Powder, CoCrWNi Alloy Powder, 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
Dental Implants, Medical Implants, Gas Turbines, 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:
- Arcam
- CarTech
- VDM Metals
- Kulzer
- EOS
- SLM
- Dentaurum
- 3DMT
- AMC Powders
- ACME
- Arcam
Highlights of The Cobalt-Chromium 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:
- CoCrMo Alloy Powder
- CoNiCrMo Alloy Powder
- CoCrWNi Alloy Powder
- Others
- By Application:
- Dental Implants
- Medical Implants
- Gas Turbines
- 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-Chromium 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
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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-chromium powder is a mixture of cobalt and chromium that is used in industrial applications. It can be used to make products such as paints, coatings, and adhesives.
Some of the major players in the cobalt-chromium powder market are Arcam, CarTech, VDM Metals, Kulzer, EOS, SLM, Dentaurum, 3DMT, AMC Powders, ACME, Arcam.
The cobalt-chromium powder market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cobalt-Chromium 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-Chromium Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cobalt-Chromium 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-Chromium 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-Chromium Powder Market Size & Forecast, 2020-2028
4.5.1 Cobalt-Chromium Powder Market Size and Y-o-Y Growth
4.5.2 Cobalt-Chromium 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 CoCrMo Alloy Powder
5.2.2 CoNiCrMo Alloy Powder
5.2.3 CoCrWNi Alloy Powder
5.2.4 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 Dental Implants
6.2.2 Medical Implants
6.2.3 Gas Turbines
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cobalt-Chromium 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-Chromium 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 CoCrMo Alloy Powder
9.6.2 CoNiCrMo Alloy Powder
9.6.3 CoCrWNi Alloy Powder
9.6.4 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 Dental Implants
9.10.2 Medical Implants
9.10.3 Gas Turbines
9.10.4 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 CoCrMo Alloy Powder
10.6.2 CoNiCrMo Alloy Powder
10.6.3 CoCrWNi Alloy Powder
10.6.4 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 Dental Implants
10.10.2 Medical Implants
10.10.3 Gas Turbines
10.10.4 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 CoCrMo Alloy Powder
11.6.2 CoNiCrMo Alloy Powder
11.6.3 CoCrWNi Alloy Powder
11.6.4 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 Dental Implants
11.10.2 Medical Implants
11.10.3 Gas Turbines
11.10.4 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 CoCrMo Alloy Powder
12.6.2 CoNiCrMo Alloy Powder
12.6.3 CoCrWNi Alloy Powder
12.6.4 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 Dental Implants
12.10.2 Medical Implants
12.10.3 Gas Turbines
12.10.4 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 CoCrMo Alloy Powder
13.6.2 CoNiCrMo Alloy Powder
13.6.3 CoCrWNi Alloy Powder
13.6.4 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 Dental Implants
13.10.2 Medical Implants
13.10.3 Gas Turbines
13.10.4 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-Chromium Powder Market: Competitive Dashboard
14.2 Global Cobalt-Chromium Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arcam
14.3.2 CarTech
14.3.3 VDM Metals
14.3.4 Kulzer
14.3.5 EOS
14.3.6 SLM
14.3.7 Dentaurum
14.3.8 3DMT
14.3.9 AMC Powders
14.3.10 ACME
14.3.11 Arcam
