Market Overview:
The global Nb alloys market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for nickel-based superalloys and special nickel steels across various industries, such as aerospace, defense, energy, and transportation. In addition, the growing demand for Nb alloys from emerging economies such as China and India is also contributing to the growth of this market. On the basis of type, ferroniobium accounted for a major share of the global Nb alloys market in 2017. This can be attributed to its high melting point (2750°C) and low reactivity with other metals. Nickel niobium was another key type segment of this market in 2017 owing to its superior properties such as resistance against corrosion and wear & tear. Based on application, nickel-based superalloys held a dominant position in 2017 due to their high strength-to-weight ratio and thermal stability up to 1800°C or higher depending on composition.
Product Definition:
Nb alloys are a class of materials that contain significant amounts of niobium. They are typically used in high-temperature applications, such as in the aerospace and automotive industries. Nb alloys have a number of important properties, including high strength and thermal stability.
Ferroniobium:
Ferroniobium is a new genus for nb alloys. It was discovered in the 90s and only recently has it been characterized fully. The main reason that this discovery took so long is because of the need to develop high-temperature superalloys for testing and research purposes, which are not available commercially yet (but will be shortly).
Nickel Niobium:
Nickel Niobium is a chemical element that exists in the form of various alloys. It has been known to man since the 70s and was first extracted from ores in 1982. The metal is still rare on earth, with only about 1% of its total mass present in any given mineral deposit.
Application Insights:
The global nickel-based superalloys application market was valued at USD 544.0 million in 2017 and is expected to witness significant growth over the forecast period. The product usage in manufacturing of high strength steel alloys with improved properties such as low carbon content, excellent toughness and good wear resistance is anticipated to propel the demand for nickel-based superalloys over the coming years.
In terms of revenue, general engineering emerged as the largest application segment with a share of 33.9% in 2017 owing to increasing use of Nb alloys for manufacturing components used across various end-use industries including automotive and transportation systems among others.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% of global demand in the same year owing to high product penetration in various end-use industries, such as automotive, construction, aerospace & defense. Nickel-based superalloys are widely used as they provide enhanced strength and wear resistance properties along with corrosion resistance compared to their counterparts made from other base metals.
The growing manufacturing sector across emerging economies such as India and China is anticipated to propel product demand from 2018 to 2030. In addition, rapid urbanization coupled with increasing per capita income levels will drive consumer spending on household durables including refrigerators and washing machines which will further augment industry growth over the coming years.
Growth Factors:
- Increasing demand from the automotive and aerospace industries
- Growing popularity of nanotechnology
- Rising demand for lightweight materials in transportation sector
- Increasing application of niobium alloys in medical implants and prostheses
- Growing investments in research and development activities
Scope Of The Report
Report Attributes
Report Details
Report Title
Nb Alloys Market Research Report
By Type
Ferroniobium, Nickel Niobium
By Application
Nickel-based Superalloys, Special Nickel Steels, Others
By Companies
CBMM, Niobec, CMOC International, AMG Advanced Metallurgical Group, Mineração Taboca S.A., Kamman Group, CBMM
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Nb Alloys Market Report Segments:
The global Nb Alloys market is segmented on the basis of:
Types
Ferroniobium, Nickel Niobium
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
Nickel-based Superalloys, Special Nickel Steels, 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:
- CBMM
- Niobec
- CMOC International
- AMG Advanced Metallurgical Group
- Mineração Taboca S.A.
- Kamman Group
- CBMM
Highlights of The Nb 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:
- Ferroniobium
- Nickel Niobium
- By Application:
- Nickel-based Superalloys
- Special Nickel Steels
- 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 Nb 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
- 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?
Nb alloys are a type of alloy that is made up of nickel and another metal. They are often used in industrial applications because they have high strength and resistance to corrosion.
Some of the major players in the nb alloys market are CBMM, Niobec, CMOC International, AMG Advanced Metallurgical Group, Minera§£o Taboca S.A., Kamman Group, CBMM.
The nb alloys 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 Nb 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 Nb Alloys Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nb 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 Nb 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 Nb Alloys Market Size & Forecast, 2018-2028
4.5.1 Nb Alloys Market Size and Y-o-Y Growth
4.5.2 Nb Alloys Market Absolute $ Opportunity
Chapter 5 Global Nb 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 Nb Alloys Market Size Forecast by Type
5.2.1 Ferroniobium
5.2.2 Nickel Niobium
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Nb 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 Nb Alloys Market Size Forecast by Applications
6.2.1 Nickel-based Superalloys
6.2.2 Special Nickel Steels
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nb 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 Nb 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 Nb Alloys Analysis and Forecast
9.1 Introduction
9.2 North America Nb 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 Nb Alloys Market Size Forecast by Type
9.6.1 Ferroniobium
9.6.2 Nickel Niobium
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 Nb Alloys Market Size Forecast by Applications
9.10.1 Nickel-based Superalloys
9.10.2 Special Nickel Steels
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 Nb Alloys Analysis and Forecast
10.1 Introduction
10.2 Europe Nb 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 Nb Alloys Market Size Forecast by Type
10.6.1 Ferroniobium
10.6.2 Nickel Niobium
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 Nb Alloys Market Size Forecast by Applications
10.10.1 Nickel-based Superalloys
10.10.2 Special Nickel Steels
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 Nb Alloys Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Nb 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 Nb Alloys Market Size Forecast by Type
11.6.1 Ferroniobium
11.6.2 Nickel Niobium
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 Nb Alloys Market Size Forecast by Applications
11.10.1 Nickel-based Superalloys
11.10.2 Special Nickel Steels
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 Nb Alloys Analysis and Forecast
12.1 Introduction
12.2 Latin America Nb 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 Nb Alloys Market Size Forecast by Type
12.6.1 Ferroniobium
12.6.2 Nickel Niobium
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 Nb Alloys Market Size Forecast by Applications
12.10.1 Nickel-based Superalloys
12.10.2 Special Nickel Steels
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) Nb Alloys Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Nb 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) Nb Alloys Market Size Forecast by Type
13.6.1 Ferroniobium
13.6.2 Nickel Niobium
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) Nb Alloys Market Size Forecast by Applications
13.10.1 Nickel-based Superalloys
13.10.2 Special Nickel Steels
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 Nb Alloys Market: Competitive Dashboard
14.2 Global Nb Alloys Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CBMM
14.3.2 Niobec
14.3.3 CMOC International
14.3.4 AMG Advanced Metallurgical Group
14.3.5 Mineração Taboca S.A.
14.3.6 Kamman Group
14.3.7 CBMM
