Market Overview:
The global Nb-Zr alloy 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 Nb-Zr alloys in various applications such as accelerators, NMRs, and thermonuclear fusion reactors. Additionally, the growing demand for these alloys from emerging economies is also contributing to the growth of this market. However, fluctuations in prices of raw materials used in manufacturing these alloys may restrain the growth of this market during the forecast period.
Product Definition:
A nickel-based alloy with significant amounts of zirconium.
Metal Wires:
Metal wires are thin wires made of various metals such as copper, aluminum, and zinc. These metal wires have a high electrical resistance than the conventional ones and also possess good malleability. The flexibility offered by metal wires makes them suitable in manufacturing an extensive range of products including electric cables, transmission lines for power plants, heating ducts & air conditioning (HVAC) systems among others.
Counter:
The counter is a unit used to measure the quantity of metal in solid or liquid form. It has a variety of applications such as it can be used for weighing out metals, measuring impurities, and determining the percentage composition of compounds. The most commonly used counters are grams, ounces, pounds-force (lbf), and tons.
Application Insights:
The global market is segmented by application into Nb-Zr alloys for Nucleus, Beam and Fuel elements. The nuclei element includes the superconductive magnets used in particle accelerators as well as the radioisotope thermoelectric generators (RTGs) used in thermonuclear reactors. The growth of the former segment can be attributed to increasing research activities at major universities and institutes coupled with growing demand from emerging economies such as China, India and Brazil for their nuclear programs.
The RTG application is expected to witness sluggish growth owing to a decline in demand from countries that have already developed or are developing their own stock of RTGs such as Russia, France, UK etc. This has resulted in an increased focus on other applications such as medical imaging machines which use neodymium magnets which also offer better price points compared to those manufactured using nb-sr alloys thus offering potential growth avenues over the forecast period.
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 40% in 2017. This is attributed to high demand for nuclear power and strong manufacturing base for nuclear reactors across the U.S., which has resulted in increased production of nb-zr alloys. Furthermore, growing aerospace & defense industry due to increasing military expenditure by countries such as the U.S.
Europe was estimated as second largest consumer after North America owing to presence of major companies such as Allwilex (Belgium), Nippon Steel & Sumitomo Metal Corporation (Japan), Evraz Group (Russia).
Growth Factors:
- Increasing demand for lightweight and high-strength materials in automotive and aerospace industries
- Growing popularity of zirconium-based alloys in nuclear power industry
- Rising demand for medical implants made of Nb-Zr alloys
- Increasing use of Nb-Zr alloy nanopowders in various applications
- Technological advancements that are resulting in higher performance and better quality Nb-Zr alloys
Scope Of The Report
Report Attributes
Report Details
Report Title
Nb-Zr Alloy Market Research Report
By Type
Metal Wires, Counter, Steel Blank, Disk
By Application
Accelerator, NMR, Thermonuclear Fusion
By Companies
Wah Chang, Oxford Alloys, Luvata, Bruker, Agilent, PerkinElmer, Jastec, Smiths Metal Centres Limited, Hermith GmbH, AMT, Western Superconducting, Fushun special steel
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
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Nb-Zr Alloy Market Report Segments:
The global Nb-Zr Alloy market is segmented on the basis of:
Types
Metal Wires, Counter, Steel Blank, Disk
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
Accelerator, NMR, Thermonuclear Fusion
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:
- Wah Chang
- Oxford Alloys
- Luvata
- Bruker
- Agilent
- PerkinElmer
- Jastec
- Smiths Metal Centres Limited
- Hermith GmbH
- AMT
- Western Superconducting
- Fushun special steel
Highlights of The Nb-Zr Alloy 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:
- Metal Wires
- Counter
- Steel Blank
- Disk
- By Application:
- Accelerator
- NMR
- Thermonuclear Fusion
- 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-Zr Alloy 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-Zr alloy is a type of alloy that is made up of nickel and zirconium. It has many uses, including in the aerospace and automotive industries.
Some of the major players in the nb-zr alloy market are Wah Chang, Oxford Alloys, Luvata, Bruker, Agilent, PerkinElmer, Jastec, Smiths Metal Centres Limited, Hermith GmbH, AMT, Western Superconducting, Fushun special steel.
The nb-zr alloy 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 Nb-Zr Alloy 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-Zr Alloy Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nb-Zr Alloy 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-Zr Alloy 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-Zr Alloy Market Size & Forecast, 2018-2028
4.5.1 Nb-Zr Alloy Market Size and Y-o-Y Growth
4.5.2 Nb-Zr Alloy Market Absolute $ Opportunity
Chapter 5 Global Nb-Zr Alloy 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-Zr Alloy Market Size Forecast by Type
5.2.1 Metal Wires
5.2.2 Counter
5.2.3 Steel Blank
5.2.4 Disk
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Nb-Zr Alloy 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-Zr Alloy Market Size Forecast by Applications
6.2.1 Accelerator
6.2.2 NMR
6.2.3 Thermonuclear Fusion
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nb-Zr Alloy 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-Zr Alloy 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-Zr Alloy Analysis and Forecast
9.1 Introduction
9.2 North America Nb-Zr Alloy 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-Zr Alloy Market Size Forecast by Type
9.6.1 Metal Wires
9.6.2 Counter
9.6.3 Steel Blank
9.6.4 Disk
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-Zr Alloy Market Size Forecast by Applications
9.10.1 Accelerator
9.10.2 NMR
9.10.3 Thermonuclear Fusion
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-Zr Alloy Analysis and Forecast
10.1 Introduction
10.2 Europe Nb-Zr Alloy 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-Zr Alloy Market Size Forecast by Type
10.6.1 Metal Wires
10.6.2 Counter
10.6.3 Steel Blank
10.6.4 Disk
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-Zr Alloy Market Size Forecast by Applications
10.10.1 Accelerator
10.10.2 NMR
10.10.3 Thermonuclear Fusion
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-Zr Alloy Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Nb-Zr Alloy 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-Zr Alloy Market Size Forecast by Type
11.6.1 Metal Wires
11.6.2 Counter
11.6.3 Steel Blank
11.6.4 Disk
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-Zr Alloy Market Size Forecast by Applications
11.10.1 Accelerator
11.10.2 NMR
11.10.3 Thermonuclear Fusion
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-Zr Alloy Analysis and Forecast
12.1 Introduction
12.2 Latin America Nb-Zr Alloy 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-Zr Alloy Market Size Forecast by Type
12.6.1 Metal Wires
12.6.2 Counter
12.6.3 Steel Blank
12.6.4 Disk
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-Zr Alloy Market Size Forecast by Applications
12.10.1 Accelerator
12.10.2 NMR
12.10.3 Thermonuclear Fusion
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-Zr Alloy Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Nb-Zr Alloy 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-Zr Alloy Market Size Forecast by Type
13.6.1 Metal Wires
13.6.2 Counter
13.6.3 Steel Blank
13.6.4 Disk
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-Zr Alloy Market Size Forecast by Applications
13.10.1 Accelerator
13.10.2 NMR
13.10.3 Thermonuclear Fusion
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-Zr Alloy Market: Competitive Dashboard
14.2 Global Nb-Zr Alloy Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wah Chang
14.3.2 Oxford Alloys
14.3.3 Luvata
14.3.4 Bruker
14.3.5 Agilent
14.3.6 PerkinElmer
14.3.7 Jastec
14.3.8 Smiths Metal Centres Limited
14.3.9 Hermith GmbH
14.3.10 AMT
14.3.11 Western Superconducting
14.3.12 Fushun special steel
