Market Overview:
The global hastelloy alloy market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for hastelloy alloys in various end-use industries, such as aerospace, automotive, architecture, and others. Hastelloy alloys are used in critical applications owing to their properties such as corrosion resistance, high strength-to-weight ratio, and others. These alloys are also used in the production of medical implants and surgical instruments owing to their biocompatibility properties.
Product Definition:
A nickel-chromium-molybdenum alloy with good resistance to corrosion and oxidation over a wide range of temperatures. Hastelloy Alloy is used for chemical processing, pollution control, aerospace and marine engineering applications.
Nickel-Base Alloys:
Nickel-base alloys are base metals that have been alloyed with nickel and copper. The most common ones include Ni-Cu alloys, Ni-Cr alloys, and Ni-base superalloys. Nickel has a high melting point and is capable of maintaining shape while heating; it also has excellent corrosion resistance. These properties make it suitable for use in various industries including power generation, aerospace & defense industry, automotive industry among others.
Hastelloy C-22:
C-22 is a type of high-grade carbon steel that contains 22% carbon by weight. It has excellent properties such as ductility, malleability, and weldability. C-22 is used in various applications due to its low cost and easy availability.
Application Insights:
The automotive and transportation industry was the largest application segment in 2017, accounting for a share of 33.3% in terms of revenue. Hastelloy alloys are used to manufacture transmission components, engine parts, fuel system components and various other auto parts that require high strength and resistance to corrosion & oxidation. In addition, these alloys provide excellent wear resistance which is expected to drive their demand over the forecast period.
The aerospace industry accounted for a significant share in 2017 owing to increasing use of titanium-based superalloys by major players such as Airbus SE & Boeing Co., Ltd., along with rising defense investments by governments across the world. These factors are likely to propel market growth over the coming years.
Regional Analysis:
North America was the second-largest regional market in 2017. The region is expected to witness moderate growth over the forecast period owing to a decline in construction spending and slowdown in automotive production. In addition, growing environmental concerns are likely to result in a decline of nuclear power plants, which will further impact Hastelloy X consumption positively.
Asia Pacific is projected to be one of the fastest-growing regions from 2018 to 2030 due to increasing demand for Hastelloy X from key industries including aerospace and defense, oil & gas industry, and automotive industry.
Growth Factors:
- Increasing demand from the aerospace and defense industries
- Growing popularity of Hastelloy in the chemical processing industry
- Rising demand for high-performance alloys in oil and gas exploration and production
- Increasing use of Hastelloy in power generation applications
- Growing demand for corrosion-resistant alloys in various end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Hastelloy Alloy Market Research Report
By Type
Nickel-Base Alloys, Hastelloy C-22, Hastelloy H, Ni-Mo-Cr-Cu Alloys
By Application
Aerospace, Automotive, Architecture, Others
By Companies
Alcoa Howmet Castings, Carpenter Technology, Doncasters Group, Haynes International, Hitachi Metals, Mattco Forge, Nippon Yakin Kogyo, Titanium Metals Corporation, Sandvik Coromant, QuesTek Innovations
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Hastelloy Alloy Market Report Segments:
The global Hastelloy Alloy market is segmented on the basis of:
Types
Nickel-Base Alloys, Hastelloy C-22, Hastelloy H, Ni-Mo-Cr-Cu Alloys
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, Automotive, Architecture, 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:
- Alcoa Howmet Castings
- Carpenter Technology
- Doncasters Group
- Haynes International
- Hitachi Metals
- Mattco Forge
- Nippon Yakin Kogyo
- Titanium Metals Corporation
- Sandvik Coromant
- QuesTek Innovations
Highlights of The Hastelloy 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:
- Nickel-Base Alloys
- Hastelloy C-22
- Hastelloy H
- Ni-Mo-Cr-Cu Alloys
- By Application:
- Aerospace
- Automotive
- Architecture
- 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 Hastelloy 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?
Hastelloy Alloy is a type of alloy that is made up of nickel and chromium. It has a high resistance to corrosion and can be used in many different applications.
Some of the major players in the hastelloy alloy market are Alcoa Howmet Castings, Carpenter Technology, Doncasters Group, Haynes International, Hitachi Metals, Mattco Forge, Nippon Yakin Kogyo, Titanium Metals Corporation, Sandvik Coromant, QuesTek Innovations.
The hastelloy alloy market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hastelloy Alloy 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. Hastelloy Alloy Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hastelloy Alloy Market - Supply Chain
4.5. Global Hastelloy Alloy Market Forecast
4.5.1. Hastelloy Alloy Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hastelloy Alloy Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hastelloy Alloy Market Absolute $ Opportunity
5. Global Hastelloy Alloy 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. Hastelloy Alloy Market Size and Volume Forecast by Type
5.3.1. Nickel-Base Alloys
5.3.2. Hastelloy C-22
5.3.3. Hastelloy H
5.3.4. Ni-Mo-Cr-Cu Alloys
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hastelloy Alloy 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. Hastelloy Alloy Market Size and Volume Forecast by Application
6.3.1. Aerospace
6.3.2. Automotive
6.3.3. Architecture
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hastelloy Alloy 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. Hastelloy Alloy 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 Hastelloy Alloy 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. Hastelloy Alloy 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 Hastelloy Alloy Demand Share Forecast, 2019-2026
9. North America Hastelloy Alloy 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 Hastelloy Alloy 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 Hastelloy Alloy Market Size and Volume Forecast by Application
9.4.1. Aerospace
9.4.2. Automotive
9.4.3. Architecture
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hastelloy Alloy Market Size and Volume Forecast by Type
9.7.1. Nickel-Base Alloys
9.7.2. Hastelloy C-22
9.7.3. Hastelloy H
9.7.4. Ni-Mo-Cr-Cu Alloys
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 Hastelloy Alloy Demand Share Forecast, 2019-2026
10. Latin America Hastelloy Alloy 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 Hastelloy Alloy 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 Hastelloy Alloy Market Size and Volume Forecast by Application
10.4.1. Aerospace
10.4.2. Automotive
10.4.3. Architecture
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hastelloy Alloy Market Size and Volume Forecast by Type
10.7.1. Nickel-Base Alloys
10.7.2. Hastelloy C-22
10.7.3. Hastelloy H
10.7.4. Ni-Mo-Cr-Cu Alloys
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 Hastelloy Alloy Demand Share Forecast, 2019-2026
11. Europe Hastelloy Alloy 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 Hastelloy Alloy 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 Hastelloy Alloy Market Size and Volume Forecast by Application
11.4.1. Aerospace
11.4.2. Automotive
11.4.3. Architecture
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hastelloy Alloy Market Size and Volume Forecast by Type
11.7.1. Nickel-Base Alloys
11.7.2. Hastelloy C-22
11.7.3. Hastelloy H
11.7.4. Ni-Mo-Cr-Cu Alloys
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
1110. 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 Hastelloy Alloy Demand Share, 2019-2026
12. Asia Pacific Hastelloy Alloy 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 Hastelloy Alloy 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 Hastelloy Alloy Market Size and Volume Forecast by Application
12.4.1. Aerospace
12.4.2. Automotive
12.4.3. Architecture
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hastelloy Alloy Market Size and Volume Forecast by Type
12.7.1. Nickel-Base Alloys
12.7.2. Hastelloy C-22
12.7.3. Hastelloy H
12.7.4. Ni-Mo-Cr-Cu Alloys
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 Hastelloy Alloy Demand Share, 2019-2026
13. Middle East & Africa Hastelloy Alloy 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 Hastelloy Alloy 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 Hastelloy Alloy Market Size and Volume Forecast by Application
13.4.1. Aerospace
13.4.2. Automotive
13.4.3. Architecture
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hastelloy Alloy Market Size and Volume Forecast by Type
13.7.1. Nickel-Base Alloys
13.7.2. Hastelloy C-22
13.7.3. Hastelloy H
13.7.4. Ni-Mo-Cr-Cu Alloys
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 Hastelloy Alloy Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hastelloy Alloy Market: Market Share Analysis
14.2. Hastelloy Alloy Distributors and Customers
14.3. Hastelloy Alloy Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alcoa Howmet Castings
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Carpenter Technology
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Doncasters Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Haynes International
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hitachi Metals
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mattco Forge
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nippon Yakin Kogyo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Titanium Metals Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sandvik Coromant
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. QuesTek Innovations
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
