Market Overview:
The global high purity niobium bar 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 high purity niobium bars in various applications such as processing and manufacturing, chemical, electronic, aerospace and others. In terms of region, North America is expected to lead the global high purity niobium bar market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
High Purity Niobium Bar is a metal bar made from high-purity niobium. It is used in applications where a very high degree of purity is required, such as in the production of semiconductors and superconductors.
Purity 99.99%- 99.999%:
Purity 99.99%-99.999% is a term used for the purity of rare earth metals and their alloys, particularly for neodymium, yttrium, and some members of the lanthanide series such as cerium and praseodymium.
Purity 99.9%-99.99%:
Purity 99.9%-99.99% is a new term in the industry and it has been gaining much attention from the end-user industries such as chemical, metallurgy, and others due to its unique properties that are not available in other grades of purity.
Application Insights:
The processing and manufacturing application segment accounted for the largest share of over 50.0% in 2017. High purity niobium bar is used in various applications including abrasives, refractory material, steelmaking catalyst, and process equipment. The increasing demand for industrial machinery to extract maximum output from the existing assets is expected to drive growth over the forecast period.
High purityniobium bar finds application as a refractory material in cement production industry which was previously supplied by columbite-tantalate of iron oxide (FeO). However, with growing use of high strength steel it has been observed that low-alloyed steel can substitute niobium based products thus driving its demand from the processing and manufacturing segment over the forecast period.
Regional Analysis:
Asia Pacific dominated the global high purity niobium bar market in terms of both volume and revenue. The growth is majorly attributed to rising demand from end-use industries such as electronics, aerospace, automotive, and manufacturing. China is expected to be a key consumer owing to its large population coupled with rapid industrialization.
The country has witnessed an increasing number of construction projects over the past few years which have led to higher production levels across various industries including steel and mining.
Growth Factors:
- Increasing demand for high purity niobium bar from the aerospace and defense industries for use in manufacturing jet engines, rocket engines, and other critical components
- Growing demand from the medical industry for use in implantable devices such as pacemakers and stents
- Rapid growth of the semiconductor industry, which is driving increased demand for high purity niobium bar used in the fabrication of advanced semiconductor devices
- Rising global consumption of steel due to population growth and increasing economic development in emerging markets
- Increased production capacity by major niobium producers, which is expected to lead to lower prices and increased availability of high purity niobium bar
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Niobium Bar Market Research Report
By Type
Purity 99.99%- 99.999%, Purity 99.9%-99.99%, Purity 99%- 99.9%
By Application
Processing and Manufacturing, Chemical, Electronic, Aerospace, Other
By Companies
American Elements, ALB Materials, Zhuzhou Jiabang, Global Advanced Metals, Stanford Advanced Materials, Ningxia Orient Tantalum Industry, Changsha South, Edgetech Industries, ESPI Metals, Huasheng Metal Technology
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Niobium Bar Market Report Segments:
The global High Purity Niobium Bar market is segmented on the basis of:
Types
Purity 99.99%- 99.999%, Purity 99.9%-99.99%, Purity 99%- 99.9%
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
Processing and Manufacturing, Chemical, Electronic, Aerospace, Other
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:
- American Elements
- ALB Materials
- Zhuzhou Jiabang
- Global Advanced Metals
- Stanford Advanced Materials
- Ningxia Orient Tantalum Industry
- Changsha South
- Edgetech Industries
- ESPI Metals
- Huasheng Metal Technology
Highlights of The High Purity Niobium Bar 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:
- Purity 99.99%- 99.999%
- Purity 99.9%-99.99%
- Purity 99%- 99.9%
- By Application:
- Processing and Manufacturing
- Chemical
- Electronic
- Aerospace
- Other
- 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 High Purity Niobium Bar 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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
High purity niobium bar is a type of metal that is made from the element niobium. It is a very rare and valuable metal, and it can be used in various industrial applications.
Some of the key players operating in the high purity niobium bar market are American Elements, ALB Materials, Zhuzhou Jiabang, Global Advanced Metals, Stanford Advanced Materials, Ningxia Orient Tantalum Industry, Changsha South, Edgetech Industries, ESPI Metals, Huasheng Metal Technology.
The high purity niobium bar market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Purity Niobium Bar 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 High Purity Niobium Bar Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Purity Niobium Bar 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 High Purity Niobium Bar 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 High Purity Niobium Bar Market Size & Forecast, 2020-2028
4.5.1 High Purity Niobium Bar Market Size and Y-o-Y Growth
4.5.2 High Purity Niobium Bar 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 Purity 99.99%- 99.999%
5.2.2 Purity 99.9%-99.99%
5.2.3 Purity 99%- 99.9%
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 Processing and Manufacturing
6.2.2 Chemical
6.2.3 Electronic
6.2.4 Aerospace
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Purity Niobium Bar 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 High Purity Niobium Bar 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 Purity 99.99%- 99.999%
9.6.2 Purity 99.9%-99.99%
9.6.3 Purity 99%- 99.9%
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 Processing and Manufacturing
9.10.2 Chemical
9.10.3 Electronic
9.10.4 Aerospace
9.10.5 Other
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 Purity 99.99%- 99.999%
10.6.2 Purity 99.9%-99.99%
10.6.3 Purity 99%- 99.9%
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 Processing and Manufacturing
10.10.2 Chemical
10.10.3 Electronic
10.10.4 Aerospace
10.10.5 Other
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 Purity 99.99%- 99.999%
11.6.2 Purity 99.9%-99.99%
11.6.3 Purity 99%- 99.9%
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 Processing and Manufacturing
11.10.2 Chemical
11.10.3 Electronic
11.10.4 Aerospace
11.10.5 Other
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 Purity 99.99%- 99.999%
12.6.2 Purity 99.9%-99.99%
12.6.3 Purity 99%- 99.9%
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 Processing and Manufacturing
12.10.2 Chemical
12.10.3 Electronic
12.10.4 Aerospace
12.10.5 Other
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 Purity 99.99%- 99.999%
13.6.2 Purity 99.9%-99.99%
13.6.3 Purity 99%- 99.9%
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 Processing and Manufacturing
13.10.2 Chemical
13.10.3 Electronic
13.10.4 Aerospace
13.10.5 Other
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 High Purity Niobium Bar Market: Competitive Dashboard
14.2 Global High Purity Niobium Bar Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 American Elements
14.3.2 ALB Materials
14.3.3 Zhuzhou Jiabang
14.3.4 Global Advanced Metals
14.3.5 Stanford Advanced Materials
14.3.6 Ningxia Orient Tantalum Industry
14.3.7 Changsha South
14.3.8 Edgetech Industries
14.3.9 ESPI Metals
14.3.10 Huasheng Metal Technology
