Market Overview:
The global tantalum and niobium materials market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for steel, optical glass, ceramic and other applications from various end-use industries. In terms of type, the tantalum segment is expected to account for a larger share of the global market during the forecast period. This can be attributed to its superior properties such as high melting point and ductility that make it suitable for use in various industrial applications. In terms of application, the steel segment is projected to account for a larger share of the global market during 2018-2030 owing to its growing demand from automobile and construction industries across regions.
Product Definition:
Tantalum and niobium are both refractory metals. Tantalum has a very high melting point, and niobium is almost as resistant to heat. They are used in alloys with other metals to create superalloys that can withstand very high temperatures without corroding or warping.
Tantalum:
Tantalum is a lustrous, hard, blue-gray transition metal with excellent corrosion and heat resistance. It is normally found in mineral groups, such as coltan (tantalite) and columbite. Columbite has the highest content of Tantalum as compared to any other mineral group. The most common sources of coltan are African countries including Nigeria; Brazil; Burundi; Tanzania; and South Africa among others.
Niobium:
Niobium and its compounds are used in the manufacturing of materials such as tantalum and niobium. Niobium is a chemical element that has no stable isotopes. It is soft, ductile, silvery-white transition metal with a high content of 6+ charge carrier ions.
Application Insights:
The steel application segment led the global market in 2017 and is projected to continue its dominance over the forecast period. Steel manufacturing is one of the largest applications of these metals, which are used for producing high-grade steel with superior properties. The rising demand for advanced steel alloys from major manufacturers such as China, Japan and South Korea is expected to drive growth over the coming years.
Global titanium dioxide (TiO2).
Optical glass was another significant application that accounted for a share of 15% in 2017. Optical glasses have gained immense popularity as an alternative to traditional windows owing to their energy-saving properties along with enhanced aesthetic appeal when installed on buildings or walls. These products are manufactured using a variety of raw materials including barium titanate (BaTiO3), cordierite (Mg1Al2Si3O12) and neodymium oxide (Nd2O3).
Regional Analysis:
Asia Pacific dominated the global market in terms of volume share and will expand further at a steady CAGR from 2018 to 2030. This is attributed to rising demand for steel, which is one of the major end-use products from China. The country has been witnessing an increasing number of domestic producers as well as consumers owing to rapid industrialization and urbanization over the past few years.
The steel industry in Asia Pacific has witnessed significant growth over the past few years on account of strong demand from end-use industries such as construction, automotive, machinery manufacturing, etc., coupled with low production costs in this region due to availability of cheap labor and raw materials. In addition, growing infrastructure activities are likely to drive product demand across various applications including magnetic wires & cables (ferrite), flat products (silicon) along with other specialty alloys such as Niobium-Tantalum Alloys (NTA). These factors are expected to augment market growth during the forecast period.
Growth Factors:
- Increasing demand from the electronics and automotive industries
- Growing popularity of tantalum and niobium alloys in medical implants and other biomedical applications
- Rising use of these materials in energy-efficient lighting technologies
- Proliferation of new applications for tantalum and niobium powders, flakes, and nanoparticles
- Steady growth in the number of research studies focused on these materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Tantalum and Niobium Materials Market Research Report
By Type
Tantalum, Niobium
By Application
Steel, Optical Glass, Ceramic, Others
By Companies
CBMM, Niobec, CMOC International, AMG Advanced Metallurgical Group, Mineração Taboca S.A., Kamman Group, Global Advanced Metals, 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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Tantalum and Niobium Materials Market Report Segments:
The global Tantalum and Niobium Materials market is segmented on the basis of:
Types
Tantalum, 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
Steel, Optical Glass, Ceramic, 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
- Global Advanced Metals
- CBMM
Highlights of The Tantalum and Niobium Materials 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:
- Tantalum
- Niobium
- By Application:
- Steel
- Optical Glass
- Ceramic
- 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 Tantalum and Niobium Materials 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
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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?
Tantalum and niobium are materials that are used in a variety of applications, including nuclear reactors, medical devices, and aerospace. Tantalum is used in the construction of fuel rods for nuclear reactors. Niobium is used in the manufacture of medical devices and aircraft parts.
Some of the key players operating in the tantalum and niobium materials market are CBMM, Niobec, CMOC International, AMG Advanced Metallurgical Group, Minera§£o Taboca S.A., Kamman Group, Global Advanced Metals, CBMM.
The tantalum and niobium materials market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Tantalum and Niobium Materials 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 Tantalum and Niobium Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tantalum and Niobium Materials 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 Tantalum and Niobium Materials 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 Tantalum and Niobium Materials Market Size & Forecast, 2018-2028
4.5.1 Tantalum and Niobium Materials Market Size and Y-o-Y Growth
4.5.2 Tantalum and Niobium Materials Market Absolute $ Opportunity
Chapter 5 Global Tantalum and Niobium Materials 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 Tantalum and Niobium Materials Market Size Forecast by Type
5.2.1 Tantalum
5.2.2 Niobium
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Tantalum and Niobium Materials 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 Tantalum and Niobium Materials Market Size Forecast by Applications
6.2.1 Steel
6.2.2 Optical Glass
6.2.3 Ceramic
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tantalum and Niobium Materials 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 Tantalum and Niobium Materials 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 Tantalum and Niobium Materials Analysis and Forecast
9.1 Introduction
9.2 North America Tantalum and Niobium Materials 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 Tantalum and Niobium Materials Market Size Forecast by Type
9.6.1 Tantalum
9.6.2 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 Tantalum and Niobium Materials Market Size Forecast by Applications
9.10.1 Steel
9.10.2 Optical Glass
9.10.3 Ceramic
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 Tantalum and Niobium Materials Analysis and Forecast
10.1 Introduction
10.2 Europe Tantalum and Niobium Materials 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 Tantalum and Niobium Materials Market Size Forecast by Type
10.6.1 Tantalum
10.6.2 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 Tantalum and Niobium Materials Market Size Forecast by Applications
10.10.1 Steel
10.10.2 Optical Glass
10.10.3 Ceramic
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 Tantalum and Niobium Materials Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Tantalum and Niobium Materials 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 Tantalum and Niobium Materials Market Size Forecast by Type
11.6.1 Tantalum
11.6.2 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 Tantalum and Niobium Materials Market Size Forecast by Applications
11.10.1 Steel
11.10.2 Optical Glass
11.10.3 Ceramic
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 Tantalum and Niobium Materials Analysis and Forecast
12.1 Introduction
12.2 Latin America Tantalum and Niobium Materials 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 Tantalum and Niobium Materials Market Size Forecast by Type
12.6.1 Tantalum
12.6.2 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 Tantalum and Niobium Materials Market Size Forecast by Applications
12.10.1 Steel
12.10.2 Optical Glass
12.10.3 Ceramic
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) Tantalum and Niobium Materials Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Tantalum and Niobium Materials 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) Tantalum and Niobium Materials Market Size Forecast by Type
13.6.1 Tantalum
13.6.2 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) Tantalum and Niobium Materials Market Size Forecast by Applications
13.10.1 Steel
13.10.2 Optical Glass
13.10.3 Ceramic
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 Tantalum and Niobium Materials Market: Competitive Dashboard
14.2 Global Tantalum and Niobium Materials 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 Global Advanced Metals
14.3.8 CBMM
