Market Overview:
The global Heusler alloys market is expected to register a CAGR of 7.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for Heusler alloys in various applications such as half-metallic ferromagnetic, topological insulators, and others. In terms of type, the full-Heusler alloys segment is expected to hold a major share of the global Heusler alloys market during the forecast period. However, the inverse Heusler alloys segment is projected to grow at a higher CAGR owing to its growing demand from various end-use industries such as electronics and semiconductors. Regionally, North America dominates the global Heusler alloys market followed by Europe and Asia Pacific respectively.
Product Definition:
Heusler alloys are a class of materials that have a specific combination of ferromagnetic and non-magnetic elements. These alloys are important because they can be used to create magnetic devices, such as transformers and electric motors, that do not require a lot of power to function.
Full-Heusler Alloys:
Full-Heusler alloys are iron-silicone alloys containing up to 4 wt.% of Heusler compound, which has a hexagonal close packed structure at room temperature. The alloy is named after its developer, Prof. Dr.-Ing. Heinz H.
Half-Heusler Alloys:
Half-Heusler alloys are metastable intermetallics having composition of both metals and non- metals. They can be regarded as intermediate between Heuslerites and true metalloids. The most important properties exhibited by half-heusler alloys include high thermal stability, low melting point, easy separation on cooling, high electrical resistance at elevated temperatures along with good corrosion resistance to alkali & oxidizing acids.
Application Insights:
The half-metallic ferromagnetic application segment led the global heusler alloys market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for steel from automotive, construction and other industries across the globe.
Ferromagnetic materials exhibit properties such as high magnetic susceptibility and are therefore used in applications where strong magnets are required, such as electric motors or hard disk drives. They also find applications in electrical appliances including refrigerators and washing machines where they act as an alternative to permanent magnets due to their higher strength characteristics.
Regional Analysis:
North America dominated the global heusler alloys market in 2017. The region is expected to witness a growth rate of 5.8% over the forecast period, owing to increasing research & development activities and technological innovations in the field of materials science.
The U.S., being one of the most developed countries, has played an important role in developing and commercializing half-metallic ferromagnetic materials since their inception in 2008; thus, making it one of their primary markets across North America as well as globally.
Europe was valued at USD X million in 2017.
Growth Factors:
- Increasing demand from the automotive and aerospace industries
- Growing popularity of Heusler alloys in 3D printing
- Rising demand for lightweight materials in transportation sector
- Increasing use of Heusler alloys in energy-efficient applications
- Growing research and development activities for developing new applications of Heusler alloys
Scope Of The Report
Report Attributes
Report Details
Report Title
Heusler Alloys Market Research Report
By Type
Full-Heusler Alloys, Half-Heusler Alloys, Inverse Heusler Alloys, Quaternary Heusler Alloys, Others
By Application
Half-metallic Ferromagnetic, Topological Insulators, Others
By Companies
ACI Alloys, Goodwinds Composites, Carbon Graphite Materials, Aavolyn, ACI Alloys
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
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global Heusler Alloys Market Report Segments:
The global Heusler Alloys market is segmented on the basis of:
Types
Full-Heusler Alloys, Half-Heusler Alloys, Inverse Heusler Alloys, Quaternary Heusler Alloys, 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
Half-metallic Ferromagnetic, Topological Insulators, 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:
- ACI Alloys
- Goodwinds Composites
- Carbon Graphite Materials
- Aavolyn
- ACI Alloys
Highlights of The Heusler Alloys 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:
- Full-Heusler Alloys
- Half-Heusler Alloys
- Inverse Heusler Alloys
- Quaternary Heusler Alloys
- Others
- By Application:
- Half-metallic Ferromagnetic
- Topological Insulators
- 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 Heusler Alloys 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
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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?
Heusler alloys are a type of alloy that is named after the German chemist, Gustav Heusler. They are made up of two or more metals that have been mixed together to create a new alloy. The metals can be any combination, but most often they include aluminum and magnesium. Heusler alloys are very strong and resistant to corrosion, making them ideal for use in products like aircrafts and tanks.
Some of the major players in the heusler alloys market are ACI Alloys, Goodwinds Composites, Carbon Graphite Materials, Aavolyn, ACI Alloys.
The heusler alloys market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Heusler Alloys 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 Heusler Alloys Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Heusler Alloys 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 Heusler Alloys 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 Heusler Alloys Market Size & Forecast, 2018-2028
4.5.1 Heusler Alloys Market Size and Y-o-Y Growth
4.5.2 Heusler Alloys Market Absolute $ Opportunity
Chapter 5 Global Heusler Alloys 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 Heusler Alloys Market Size Forecast by Type
5.2.1 Full-Heusler Alloys
5.2.2 Half-Heusler Alloys
5.2.3 Inverse Heusler Alloys
5.2.4 Quaternary Heusler Alloys
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Heusler Alloys 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 Heusler Alloys Market Size Forecast by Applications
6.2.1 Half-metallic Ferromagnetic
6.2.2 Topological Insulators
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Heusler Alloys 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 Heusler Alloys 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 Heusler Alloys Analysis and Forecast
9.1 Introduction
9.2 North America Heusler Alloys 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 Heusler Alloys Market Size Forecast by Type
9.6.1 Full-Heusler Alloys
9.6.2 Half-Heusler Alloys
9.6.3 Inverse Heusler Alloys
9.6.4 Quaternary Heusler Alloys
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 Heusler Alloys Market Size Forecast by Applications
9.10.1 Half-metallic Ferromagnetic
9.10.2 Topological Insulators
9.10.3 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 Heusler Alloys Analysis and Forecast
10.1 Introduction
10.2 Europe Heusler Alloys 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 Heusler Alloys Market Size Forecast by Type
10.6.1 Full-Heusler Alloys
10.6.2 Half-Heusler Alloys
10.6.3 Inverse Heusler Alloys
10.6.4 Quaternary Heusler Alloys
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 Heusler Alloys Market Size Forecast by Applications
10.10.1 Half-metallic Ferromagnetic
10.10.2 Topological Insulators
10.10.3 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 Heusler Alloys Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Heusler Alloys 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 Heusler Alloys Market Size Forecast by Type
11.6.1 Full-Heusler Alloys
11.6.2 Half-Heusler Alloys
11.6.3 Inverse Heusler Alloys
11.6.4 Quaternary Heusler Alloys
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 Heusler Alloys Market Size Forecast by Applications
11.10.1 Half-metallic Ferromagnetic
11.10.2 Topological Insulators
11.10.3 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 Heusler Alloys Analysis and Forecast
12.1 Introduction
12.2 Latin America Heusler Alloys 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 Heusler Alloys Market Size Forecast by Type
12.6.1 Full-Heusler Alloys
12.6.2 Half-Heusler Alloys
12.6.3 Inverse Heusler Alloys
12.6.4 Quaternary Heusler Alloys
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 Heusler Alloys Market Size Forecast by Applications
12.10.1 Half-metallic Ferromagnetic
12.10.2 Topological Insulators
12.10.3 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) Heusler Alloys Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Heusler Alloys 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) Heusler Alloys Market Size Forecast by Type
13.6.1 Full-Heusler Alloys
13.6.2 Half-Heusler Alloys
13.6.3 Inverse Heusler Alloys
13.6.4 Quaternary Heusler Alloys
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) Heusler Alloys Market Size Forecast by Applications
13.10.1 Half-metallic Ferromagnetic
13.10.2 Topological Insulators
13.10.3 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 Heusler Alloys Market: Competitive Dashboard
14.2 Global Heusler Alloys Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ACI Alloys
14.3.2 Goodwinds Composites
14.3.3 Carbon Graphite Materials
14.3.4 Aavolyn
14.3.5 ACI Alloys
