Market Overview:
The global iron chromium aluminum alloy 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 wires, ribbons, and strips in various end-use industries such as automotive, aerospace & defense, and construction. In terms of type, the market is segmented into 1150 °C alloy, 1200 °C alloy, and 1300 °C alloy. Among these types, the 1200 °C alloy segment is projected to grow at a higher CAGR during the forecast period owing to its superior properties such as high strength-to-weight ratio and corrosion resistance. In terms of application, the market is divided into wires & cables; heat exchangers; fasteners; pressure vessels; structural components; marine applications; automotive parts (body panels & chassis); aircraft parts (landing gear); and others (including medical implants). The wires & cables application segment dominates the global iron chromium aluminum alloys market with a share of more than 50%. This can be attributed to increased demand for lightweight wiring harnesses in automobiles due to stringent fuel economy norms across regions.
Product Definition:
Iron Chromium Aluminum is an alloy made up of Iron, Chromium and Aluminum. It is a strong, lightweight material that can be used in a variety of applications such as aerospace and automotive parts.
1150 °C:
1150 °C is the highest temperature reached by any material in its natural environment. It is also known as upper critical or supercritical temperature and it's denoted by a double line above Tg (Temperature of Gas) on the graphite furnace scale. 1150 °C means that iron, chromium, aluminum alloys have been heated to their point of fusion.
1200 °C:
The 1200 °C is the temperature of iron chromium aluminum alloys. It's a critical temperature for the iron-chromium-aluminum (ICAA) alloy and its components. The alloy consists of three parts: solid, liquid, and gas.
Application Insights:
The wires application segment led the global market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The rising demand for high strength wires from various industries including construction, automotive, and energy is expected to drive the product demand over the coming years.
Iron chromium aluminum alloy 1150°C has been witnessing increased utilization as an alternative to steel wire in power transmission line owing to its higher strength-to-weight ratio which makes it ideal for use in tension applications up on mountainside where there is a risk of being snapped by rocks or trees during windy weathers.
Regional Analysis:
Asia Pacific dominated the global iron chromium aluminum alloy market in 2016 and is expected to continue its dominance over the next eight years. The region accounted for a volume share of 68.2% in 2016 and is anticipated to grow at a CAGR of XX% from 2017 to 2030 owing to increasing demand from various end-use industries, such as automotive, aerospace & defense, energy & power, industrial machinery among others.
The growing manufacturing sector coupled with high foreign investments coupled with favorable government regulations are some major factors responsible for driving the product demand over the forecast period.
Europe was valued at USD X million in 2016.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for Iron Chromium Aluminum Alloy owing to its superior properties such as light weight, corrosion resistance, and high strength.
- Growing popularity of Iron Chromium Aluminum Alloy in the construction sector due to its ability to withstand extreme weather conditions and resist rusting.
- Rising demand for Iron Chromium Aluminum Alloy in the electrical & electronics industry due to its excellent thermal conductivity and electrical resistivity properties.
- increasing use of Iron Chromium Aluminum Alloy in medical implants owing to its biocompatibility characteristics .
Scope Of The Report
Report Attributes
Report Details
Report Title
Iron Chromium Aluminum Alloy Market Research Report
By Type
1150 °C, 1200 °C, 1300 °C
By Application
Wires, Ribbons, Strips
By Companies
Sandvik (Kanthal), American Elements, Aperam, Dpstar, JLC Electromet, Hyndman Industrial Products, Resistant Alloy, Kaiser Aluminum, Danyang Hualong Special Steel, XINHUA
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Iron Chromium Aluminum Alloy Market Report Segments:
The global Iron Chromium Aluminum Alloy market is segmented on the basis of:
Types
1150 °C, 1200 °C, 1300 °C
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
Wires, Ribbons, Strips
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:
- Sandvik (Kanthal)
- American Elements
- Aperam
- Dpstar
- JLC Electromet
- Hyndman Industrial Products
- Resistant Alloy
- Kaiser Aluminum
- Danyang Hualong Special Steel
- XINHUA
Highlights of The Iron Chromium Aluminum 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:
- 1150 °C
- 1200 °C
- 1300 °C
- By Application:
- Wires
- Ribbons
- Strips
- 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 Iron Chromium Aluminum 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
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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?
Iron Chromium Aluminum Alloy is a type of alloy that is made up of iron and chromium, with aluminum added. This alloy is strong and resistant to corrosion, making it a popular choice for products that need to be durable.
Some of the major players in the iron chromium aluminum alloy market are Sandvik (Kanthal), American Elements, Aperam, Dpstar, JLC Electromet, Hyndman Industrial Products, Resistant Alloy, Kaiser Aluminum, Danyang Hualong Special Steel, XINHUA.
The iron chromium aluminum alloy market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Iron Chromium Aluminum 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. Iron Chromium Aluminum Alloy Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Iron Chromium Aluminum Alloy Market - Supply Chain
4.5. Global Iron Chromium Aluminum Alloy Market Forecast
4.5.1. Iron Chromium Aluminum Alloy Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Iron Chromium Aluminum Alloy Market Size (000 Units) and Y-o-Y Growth
4.5.3. Iron Chromium Aluminum Alloy Market Absolute $ Opportunity
5. Global Iron Chromium Aluminum 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. Iron Chromium Aluminum Alloy Market Size and Volume Forecast by Type
5.3.1. 1150 °C
5.3.2. 1200 °C
5.3.3. 1300 °C
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Iron Chromium Aluminum 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. Iron Chromium Aluminum Alloy Market Size and Volume Forecast by Application
6.3.1. Wires
6.3.2. Ribbons
6.3.3. Strips
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Iron Chromium Aluminum 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. Iron Chromium Aluminum 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 Iron Chromium Aluminum 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. Iron Chromium Aluminum 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 Iron Chromium Aluminum Alloy Demand Share Forecast, 2019-2026
9. North America Iron Chromium Aluminum 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 Iron Chromium Aluminum 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 Iron Chromium Aluminum Alloy Market Size and Volume Forecast by Application
9.4.1. Wires
9.4.2. Ribbons
9.4.3. Strips
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Iron Chromium Aluminum Alloy Market Size and Volume Forecast by Type
9.7.1. 1150 °C
9.7.2. 1200 °C
9.7.3. 1300 °C
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 Iron Chromium Aluminum Alloy Demand Share Forecast, 2019-2026
10. Latin America Iron Chromium Aluminum 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 Iron Chromium Aluminum 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 Iron Chromium Aluminum Alloy Market Size and Volume Forecast by Application
10.4.1. Wires
10.4.2. Ribbons
10.4.3. Strips
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Iron Chromium Aluminum Alloy Market Size and Volume Forecast by Type
10.7.1. 1150 °C
10.7.2. 1200 °C
10.7.3. 1300 °C
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 Iron Chromium Aluminum Alloy Demand Share Forecast, 2019-2026
11. Europe Iron Chromium Aluminum 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 Iron Chromium Aluminum 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 Iron Chromium Aluminum Alloy Market Size and Volume Forecast by Application
11.4.1. Wires
11.4.2. Ribbons
11.4.3. Strips
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Iron Chromium Aluminum Alloy Market Size and Volume Forecast by Type
11.7.1. 1150 °C
11.7.2. 1200 °C
11.7.3. 1300 °C
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 Iron Chromium Aluminum Alloy Demand Share, 2019-2026
12. Asia Pacific Iron Chromium Aluminum 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 Iron Chromium Aluminum 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 Iron Chromium Aluminum Alloy Market Size and Volume Forecast by Application
12.4.1. Wires
12.4.2. Ribbons
12.4.3. Strips
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Iron Chromium Aluminum Alloy Market Size and Volume Forecast by Type
12.7.1. 1150 °C
12.7.2. 1200 °C
12.7.3. 1300 °C
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 Iron Chromium Aluminum Alloy Demand Share, 2019-2026
13. Middle East & Africa Iron Chromium Aluminum 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 Iron Chromium Aluminum 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 Iron Chromium Aluminum Alloy Market Size and Volume Forecast by Application
13.4.1. Wires
13.4.2. Ribbons
13.4.3. Strips
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Iron Chromium Aluminum Alloy Market Size and Volume Forecast by Type
13.7.1. 1150 °C
13.7.2. 1200 °C
13.7.3. 1300 °C
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 Iron Chromium Aluminum Alloy Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Iron Chromium Aluminum Alloy Market: Market Share Analysis
14.2. Iron Chromium Aluminum Alloy Distributors and Customers
14.3. Iron Chromium Aluminum Alloy Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sandvik (Kanthal)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. American Elements
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Aperam
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dpstar
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. JLC Electromet
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hyndman Industrial Products
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Resistant Alloy
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kaiser Aluminum
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Danyang Hualong Special Steel
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. XINHUA
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
