The global hafnium carbide market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of the market can be attributed to the increasing demand for hafnium carbide in various applications such as aerospace industry and ceramic industry. The increasing demand for hafnium carbide in aerospace industry is due to its high melting point and thermal conductivity properties which are required for manufacturing aircraft engines, turbines, and other components that require high-temperature resistance. In addition, it has been observed that the use of hafnium carbide in ceramic industry is on an upward trend due to its excellent wear resistance properties which make it suitable for use as a coating material on cutting tools used in metal cutting operations.
Powder segment accounted for more than 50% share of the global market in 2017 owing to its wide application scope across various industries such as aerospace and ceramic industries. Powder segment is expected to maintain its dominance throughout the forecast period owing to its wide application scope across various industries such as aerospace and ceramic industries among others. Sputtering target segment accounted for more than 30% share of global market in 2017 owing to their low cost per unit weight compared with powder form products which makes them suitable for large scale production purposes like semiconductor wafer fabrication plants among others where they are used as targets or substrates on which thin films are deposited by sputtering process using argon gas plasma or ionized gas plasma among others depending upon requirements from customers’ end-use applications like semiconductor wafer fabrication plants among others where they are used as targets or substrates on which thin films are deposited by sputtering process using argon gas plasma or ionized gas plasma among others depending upon requirements from customers’ end-use applications like semiconductor wafer fabrication plants among others where they are used as targets or substrates on which thin films are deposited by sputtering process using argon gas plasma or ionized gas plasma among others depending upon requirements from customers’ end-use applications like semiconductor wafer fabrication plants among others where they are used as targets or substrates on which thin films are deposited by sputtering process using argon gas plasma or ionized gas plasmaamong other depending upon requirements from customers’ end-use applications like semiconductor wafer fabrication plantsamong other depending upon requirements from customers’ end-use applications like semiconductor wafer fabrication plantsamong other depending upon requirements from customers’ end-use applications like semiconductor wafer fabrication plantssuchasargonsputteringsubstratessuchasargonsputteringsubstratessuchasargonsputteringsubstratessuchasargonsputteringsubstratessuchasargonplasmaorionizedgasplasmaamongothersdependinguponrequirementsfromcustomersendusesemiconductorswafersfabricationplantssuchassparksorsubstratesonwhichthinfilmsaredepositedbysputteringprocessusingargongasplasmaofthesedependingupontherequirementsfromcustomersendusesemiconductorswafersfabricationplantssuchassparksorsubstratesonwhichthinfilmsaredepositedbysputteringprocessusingargongasplasmaofthesedependingupontherequirementsfromcustomersendusesemiconductorswafersfabricationplantssuchassparksorsubstratesonwhichthinfilmsaredepositedbysputteringprocessusingargongasplasmaofthesedependingupontherequirementsfromcustomersequipmentmanufacturersaerospaceindustryceramicindustryandotherindustries.
Some Of The Growth Factors Of This Market:
- Hafnium carbide is a refractory material that has high thermal conductivity and low thermal expansion coefficient.
- It is used in the production of semiconductors, as well as in the production of cutting tools for metalworking and mining industries.
- The demand for hafnium carbide is expected to increase due to its use in the production of semiconductors, which are used in electronic devices such as smartphones, tablets, laptops and other consumer electronics products.
- The demand for hafnium carbide is also expected to increase due to its use in cutting tools for metalworking and mining industries which are used by manufacturers such as Caterpillar Inc, Deere & Company, General Electric Company (GE) and others who produce equipment such as bulldozers, excavators or drills that are used by construction companies or miners who extract minerals from mines around the world.
- The global economic slowdown has had an adverse effect on global economic growth rates which have slowed down significantly since 2008-2009 recession period when global GDP growth rates were at 4%.
Industry Growth Insights published a new data on “Hafnium Carbide Market”. The research report is titled “Hafnium Carbide Market research by Types (Powder, Sputtering Target, Granules, Other Solid Forms), By Applications (Aerospace Industry, Ceramic Industry, Other), By Players/Companies AEM, Hunan HuaWei Aerospace Special Materials, Nanjing Youtian Metal Technology, American Elements”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hafnium Carbide Market Research Report
By Type
Powder, Sputtering Target, Granules, Other Solid Forms
By Application
Aerospace Industry, Ceramic Industry, Other
By Companies
AEM, Hunan HuaWei Aerospace Special Materials, Nanjing Youtian Metal Technology, American Elements
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Hafnium Carbide Market Report Segments:
The global Hafnium Carbide market is segmented on the basis of:
Types
Powder, Sputtering Target, Granules, Other Solid Forms
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
Aerospace Industry, Ceramic Industry, 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:
- AEM
- Hunan HuaWei Aerospace Special Materials
- Nanjing Youtian Metal Technology
- American Elements
Highlights of The Hafnium Carbide 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:
- Powder
- Sputtering Target
- Granules
- Other Solid Forms
- By Application:
- Aerospace Industry
- Ceramic Industry
- 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 Hafnium Carbide 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.
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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?
Hafnium carbide is a rare earth metal that has the chemical formula HfC. It is a hard, brittle material that can be used in industrial applications such as cutting tools and bearings. Hafnium carbide is also used in fireworks and laser technology because of its high optical properties.
Some of the major players in the hafnium carbide market are AEM, Hunan HuaWei Aerospace Special Materials, Nanjing Youtian Metal Technology, American Elements.
The hafnium carbide market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hafnium Carbide Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hafnium Carbide Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hafnium Carbide Market - Supply Chain
4.5. Global Hafnium Carbide Market Forecast
4.5.1. Hafnium Carbide Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hafnium Carbide Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hafnium Carbide Market Absolute $ Opportunity
5. Global Hafnium Carbide Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hafnium Carbide Market Size and Volume Forecast by Type
5.3.1. Powder
5.3.2. Sputtering Target
5.3.3. Granules
5.3.4. Other Solid Forms
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hafnium Carbide Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hafnium Carbide Market Size and Volume Forecast by Application
6.3.1. Aerospace Industry
6.3.2. Ceramic Industry
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hafnium Carbide Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hafnium Carbide Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hafnium Carbide Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hafnium Carbide Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hafnium Carbide Demand Share Forecast, 2019-2026
9. North America Hafnium Carbide Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hafnium Carbide Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hafnium Carbide Market Size and Volume Forecast by Application
9.4.1. Aerospace Industry
9.4.2. Ceramic Industry
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hafnium Carbide Market Size and Volume Forecast by Type
9.7.1. Powder
9.7.2. Sputtering Target
9.7.3. Granules
9.7.4. Other Solid Forms
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hafnium Carbide Demand Share Forecast, 2019-2026
10. Latin America Hafnium Carbide Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hafnium Carbide Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hafnium Carbide Market Size and Volume Forecast by Application
10.4.1. Aerospace Industry
10.4.2. Ceramic Industry
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hafnium Carbide Market Size and Volume Forecast by Type
10.7.1. Powder
10.7.2. Sputtering Target
10.7.3. Granules
10.7.4. Other Solid Forms
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hafnium Carbide Demand Share Forecast, 2019-2026
11. Europe Hafnium Carbide Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hafnium Carbide Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hafnium Carbide Market Size and Volume Forecast by Application
11.4.1. Aerospace Industry
11.4.2. Ceramic Industry
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hafnium Carbide Market Size and Volume Forecast by Type
11.7.1. Powder
11.7.2. Sputtering Target
11.7.3. Granules
11.7.4. Other Solid Forms
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hafnium Carbide Demand Share, 2019-2026
12. Asia Pacific Hafnium Carbide Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hafnium Carbide Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hafnium Carbide Market Size and Volume Forecast by Application
12.4.1. Aerospace Industry
12.4.2. Ceramic Industry
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hafnium Carbide Market Size and Volume Forecast by Type
12.7.1. Powder
12.7.2. Sputtering Target
12.7.3. Granules
12.7.4. Other Solid Forms
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hafnium Carbide Demand Share, 2019-2026
13. Middle East & Africa Hafnium Carbide Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hafnium Carbide Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hafnium Carbide Market Size and Volume Forecast by Application
13.4.1. Aerospace Industry
13.4.2. Ceramic Industry
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hafnium Carbide Market Size and Volume Forecast by Type
13.7.1. Powder
13.7.2. Sputtering Target
13.7.3. Granules
13.7.4. Other Solid Forms
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hafnium Carbide Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hafnium Carbide Market: Market Share Analysis
14.2. Hafnium Carbide Distributors and Customers
14.3. Hafnium Carbide Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AEM
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hunan HuaWei Aerospace Special Materials
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nanjing Youtian Metal Technology
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. American Elements
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
