Market Overview:
The global intermetallic alloy market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for intermetallic alloys from various end-use industries, such as automotive, electronics, and industrial manufacturing. In addition, the growing demand for high-temperature structural materials is also contributing to the growth of this market. Magnetic materials are expected to lead the global intermetallic alloy market in terms of revenue by 2030 owing to their increasing use in various applications such as motors and generators.
Product Definition:
An intermetallic alloy is a metallic material made up of two or more different metals, which are usually combined in order to take advantage of the properties of each metal. Intermetallic alloys are important because they can have superior mechanical and physical properties compared to pure metals.
Magnetic Materials:
Magnetic materials are classified as ferromagnetic, antiferromagnetic and diamagnetic. Among these types, ferromagnetics have long-range order and can be magnetized by any applied field; whereas antiferromagnets have short-range order within a given domain but can be anti-magnetized by an external magnetic field.
Superconductors:
Superconductors are materials that possess the ability to conduct electricity with no loss in strength or energy when exposed to magnetic fields. The most common superconductor materials include yttrium aluminum oxide (Y3Al5O12), copper-based compounds, and iron-based superconductors. Superconducting magnets can be used for particle physics experiments at high accelerations as they provide a better vacuum seal than conventional magnets due to their low electrical resistance.
Application Insights:
The automotive application segment led the global intermetallic alloy market in 2017 and is projected to witness significant growth over the forecast period. The rising demand for lightweight materials with superior mechanical properties has been driving the adoption of these alloys in vehicle manufacturing. For instance, use of an intermetallic compound as a structural component in vehicles would help reduce overall weight, thereby improving fuel efficiency and reducing pollution on roads.
Intermetallic alloys are also used extensively in electronic applications owing to their magnetic recording properties. These compounds can be easily modified to meet specific requirements regarding strength and magnetic susceptibility by changing their composition or adding different elements such as molybdenum, tungsten, or carbon. They are further used as an alternative to heavy metal parts that wear out quickly during production cycles of hard disk drives or other electronic components made using magnets such as motors & generators etc., leading to increased product consumption over the forecast period.
Regional Analysis:
Asia Pacific dominated the global intermetallic alloy market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various end-use industries such as automotive, aerospace, electronics, and manufacturing. China is one of the largest producers and consumers of these alloys in this region owing to rapid industrialization coupled with a strong economic growth framework.
The Asia Pacific has witnessed significant investments from multinational companies for setting up their production facilities in countries such as India, Thailand, Vietnam among others due to favorable government policies on FDI levels along with low labor costs involved in these regions. This factor is anticipated to boost regional product demand over the forecast period. In addition Intermetallic Group Ltd.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for lightweight and high-strength alloys is expected to drive the growth of the Intermetallic Alloy market.
- The growing popularity of electric vehicles is also anticipated to fuel the demand for Intermetallic Alloys, as these alloys are used in battery packs and other electrical components.
- Rising investments in infrastructure development projects across emerging economies are likely to create lucrative opportunities for Intermetallic Alloy manufacturers in the coming years.
- Growing awareness about the benefits of using advanced alloys in various industrial applications is projected to boost demand for Intermetallic Alloys over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Intermetallic Alloy Market Research Report
By Type
Magnetic Materials, Superconductors, Shape Memory Alloys, High-Temperature Structural Materials, Other
By Application
Automotive, Electronics, Industrial Manufacturing, Other
By Companies
Shin-Etsu Chemical, Electron Energy, Lynas Corporation, Hitachi Metals, TDK Corporation, BGRIMM, Arnold Magnetic, Tengam Engineering, OM Group, AK Steel Holding, Nitinol Devices & Components, SAES Getters, Johnson Matthey, ATI Wah-chang, Fort Wayne Metals
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Intermetallic Alloy Market Report Segments:
The global Intermetallic Alloy market is segmented on the basis of:
Types
Magnetic Materials, Superconductors, Shape Memory Alloys, High-Temperature Structural Materials, Other
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
Automotive, Electronics, Industrial 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:
- Shin-Etsu Chemical
- Electron Energy
- Lynas Corporation
- Hitachi Metals
- TDK Corporation
- BGRIMM
- Arnold Magnetic
- Tengam Engineering
- OM Group
- AK Steel Holding
- Nitinol Devices & Components
- SAES Getters
- Johnson Matthey
- ATI Wah-chang
- Fort Wayne Metals
Highlights of The Intermetallic 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:
- Magnetic Materials
- Superconductors
- Shape Memory Alloys
- High-Temperature Structural Materials
- Other
- By Application:
- Automotive
- Electronics
- Industrial 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 Intermetallic 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.
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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?
An intermetallic alloy is a material that contains two or more different metals. The metal atoms are not bonded together, but instead form tiny crystals. This makes the alloy much harder and stronger than either of the individual metals.
Some of the key players operating in the intermetallic alloy market are Shin-Etsu Chemical, Electron Energy, Lynas Corporation, Hitachi Metals, TDK Corporation, BGRIMM, Arnold Magnetic, Tengam Engineering, OM Group, AK Steel Holding, Nitinol Devices & Components, SAES Getters, Johnson Matthey, ATI Wah-chang, Fort Wayne Metals.
The intermetallic alloy market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Intermetallic 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. Intermetallic Alloy Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Intermetallic Alloy Market - Supply Chain
4.5. Global Intermetallic Alloy Market Forecast
4.5.1. Intermetallic Alloy Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Intermetallic Alloy Market Size (000 Units) and Y-o-Y Growth
4.5.3. Intermetallic Alloy Market Absolute $ Opportunity
5. Global Intermetallic 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. Intermetallic Alloy Market Size and Volume Forecast by Type
5.3.1. Magnetic Materials
5.3.2. Superconductors
5.3.3. Shape Memory Alloys
5.3.4. High-Temperature Structural Materials
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Intermetallic 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. Intermetallic Alloy Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Electronics
6.3.3. Industrial Manufacturing
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Intermetallic 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. Intermetallic 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 Intermetallic 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. Intermetallic 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 Intermetallic Alloy Demand Share Forecast, 2019-2026
9. North America Intermetallic 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 Intermetallic 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 Intermetallic Alloy Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Electronics
9.4.3. Industrial Manufacturing
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Intermetallic Alloy Market Size and Volume Forecast by Type
9.7.1. Magnetic Materials
9.7.2. Superconductors
9.7.3. Shape Memory Alloys
9.7.4. High-Temperature Structural Materials
9.7.5. Other
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 Intermetallic Alloy Demand Share Forecast, 2019-2026
10. Latin America Intermetallic 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 Intermetallic 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 Intermetallic Alloy Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Electronics
10.4.3. Industrial Manufacturing
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Intermetallic Alloy Market Size and Volume Forecast by Type
10.7.1. Magnetic Materials
10.7.2. Superconductors
10.7.3. Shape Memory Alloys
10.7.4. High-Temperature Structural Materials
10.7.5. Other
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 Intermetallic Alloy Demand Share Forecast, 2019-2026
11. Europe Intermetallic 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 Intermetallic 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 Intermetallic Alloy Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Electronics
11.4.3. Industrial Manufacturing
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Intermetallic Alloy Market Size and Volume Forecast by Type
11.7.1. Magnetic Materials
11.7.2. Superconductors
11.7.3. Shape Memory Alloys
11.7.4. High-Temperature Structural Materials
11.7.5. Other
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 Intermetallic Alloy Demand Share, 2019-2026
12. Asia Pacific Intermetallic 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 Intermetallic 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 Intermetallic Alloy Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Electronics
12.4.3. Industrial Manufacturing
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Intermetallic Alloy Market Size and Volume Forecast by Type
12.7.1. Magnetic Materials
12.7.2. Superconductors
12.7.3. Shape Memory Alloys
12.7.4. High-Temperature Structural Materials
12.7.5. Other
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 Intermetallic Alloy Demand Share, 2019-2026
13. Middle East & Africa Intermetallic 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 Intermetallic 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 Intermetallic Alloy Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Electronics
13.4.3. Industrial Manufacturing
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Intermetallic Alloy Market Size and Volume Forecast by Type
13.7.1. Magnetic Materials
13.7.2. Superconductors
13.7.3. Shape Memory Alloys
13.7.4. High-Temperature Structural Materials
13.7.5. Other
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 Intermetallic Alloy Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Intermetallic Alloy Market: Market Share Analysis
14.2. Intermetallic Alloy Distributors and Customers
14.3. Intermetallic Alloy Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Shin-Etsu Chemical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Electron Energy
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lynas Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hitachi Metals
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TDK Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BGRIMM
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Arnold Magnetic
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tengam Engineering
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. OM Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. AK Steel Holding
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Nitinol Devices & Components
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SAES Getters
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Johnson Matthey
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. ATI Wah-chang
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Fort Wayne Metals
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