Market Overview:
The global tantalum wire 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 tantalum wire in various applications, such as chemical industry, processing and manufacturing, and other applications. In terms of purity, the market is segmented into 99.99%-99.999%, 99.9%-99.999%, and 99%-99%.9% purity segments respectively. Among these segments, the 99.
Product Definition:
A wire made of the metal tantalum, typically used in electrical applications. The metal has a very high melting point and is resistant to corrosion, making it ideal for use in high-temperature or corrosive environments.
Purity 99.99%- 99.999%:
Purity 99.99%-99.999% is a specification for the grade of pure titanium metal or its alloys, which contains less than 0.1% impurities by weight and volume such as oxygen, nitrogen, carbon monoxide.
Purity 99.9%-99.99%:
Purity 99.9%-99.99% is a type of rare earth metal powder which has high thermal and electrical conductivity, corrosion resistance, and magnetic properties similar to that of platinum. It is produced using the separation process known as High Purity Rare Earths (HPRE) technology which involves fractional distillation from ores containing other metals such as iron, titanium, etc., at very high temperatures (around 2200°C).
Application Insights:
Chemical industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The chemical element with atomic number 61 has a high demand as an alloy in various chemical processes, such as refining, smelting, and purifying metals from their ores. It is used for manufacturing catalysts that are required for various reactions during processing of minerals or chemicals.
The other major application includes applications such as electrical & electronics industry where it is used to manufacture semiconductor devices and components owing to its excellent conductivity properties.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, such as China, India, and Japan. Increasing industrialization coupled with rapid economic growth in these countries has resulted in a growing demand for Tantalum from various end-use industries such as electronics, chemical processing & manufacturing (CPM), automotive etc.
China accounted for approximately 45% of the total Asia Pacific market revenue owing to large scale production of consumer electronics products by companies like Xiaomi Corporation; Huawei Technologies Co., Ltd.; Vivo Mobile Communication Co., Ltd.; Oppo Electronics Corp; BBK Electronics Corporation; Lenovo Group Limited among others’ in this country drives product demand. In addition, increasing investments by domestic players including Foxconn Technology Group Company Limited and Wistron Corporation are anticipated to boost industry expansion over the next eight years.
Growth Factors:
- Increasing demand for tantalum wire in the electronics industry for miniaturization of electronic devices.
- Rising demand from the automotive industry for use in sensors, electric vehicles and powertrain systems.
- Growing popularity of tantalum wire in medical implants and prostheses due to its biocompatibility properties.
- Increased use of tantalum wire in energy storage applications such as lithium-ion batteries and supercapacitors.
- Technological advancements that have led to higher performance and lower cost tantalum wires
Scope Of The Report
Report Attributes
Report Details
Report Title
Tantalum Wire Market Research Report
By Type
Purity 99.99%- 99.999%, Purity 99.9%-99.99%, Purity 99%- 99.9%
By Application
Chemical Industry, Processing and Manufacturing, Other
By Companies
Advanced Metallurgical, China Minmetals, Global Advanced Metals, H.C. Starck, Ningxia Orient Tantalum Industry, Changsha South, Zhuzhou Jiabang, ATI Metal, Stanford Advanced Materials
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
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Tantalum Wire Market Report Segments:
The global Tantalum Wire 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
Chemical Industry, Processing and Manufacturing, 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:
- Advanced Metallurgical
- China Minmetals
- Global Advanced Metals
- H.C. Starck
- Ningxia Orient Tantalum Industry
- Changsha South
- Zhuzhou Jiabang
- ATI Metal
- Stanford Advanced Materials
Highlights of The Tantalum Wire 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:
- Chemical Industry
- Processing and Manufacturing
- 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 Tantalum Wire 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 wire is a type of wire made from Tantalum, an element found in the earth's crust. It is used to make electrical wires and other components.
Some of the key players operating in the tantalum wire market are Advanced Metallurgical, China Minmetals, Global Advanced Metals, H.C. Starck, Ningxia Orient Tantalum Industry, Changsha South, Zhuzhou Jiabang, ATI Metal, Stanford Advanced Materials.
The tantalum wire 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 Tantalum Wire 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 Wire Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tantalum Wire 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 Wire 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 Wire Market Size & Forecast, 2020-2028
4.5.1 Tantalum Wire Market Size and Y-o-Y Growth
4.5.2 Tantalum Wire 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 Chemical Industry
6.2.2 Processing and Manufacturing
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tantalum Wire 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 Wire 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 Chemical Industry
9.10.2 Processing and Manufacturing
9.10.3 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 Chemical Industry
10.10.2 Processing and Manufacturing
10.10.3 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 Chemical Industry
11.10.2 Processing and Manufacturing
11.10.3 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 Chemical Industry
12.10.2 Processing and Manufacturing
12.10.3 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 Chemical Industry
13.10.2 Processing and Manufacturing
13.10.3 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 Tantalum Wire Market: Competitive Dashboard
14.2 Global Tantalum Wire Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Advanced Metallurgical
14.3.2 China Minmetals
14.3.3 Global Advanced Metals
14.3.4 H.C. Starck
14.3.5 Ningxia Orient Tantalum Industry
14.3.6 Changsha South
14.3.7 Zhuzhou Jiabang
14.3.8 ATI Metal
14.3.9 Stanford Advanced Materials
