Market Overview:
The global nickel niobium 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 nickel niobium alloys in the nuclear industry, steel industry, and automation device applications. In terms of type, NiNb60 is expected to lead the global nickel niobium alloy market during the forecast period due to its high strength-to-weight ratio and corrosion resistance properties. In terms of application, nuclear industry is projected to be one of the fastest growing segments in the global nickel niobium alloy market during 2018–2030 owing to stringent safety regulations imposed by regulatory authorities across different countries.
Product Definition:
A nickel niobium alloy is a type of metal that is made up of nickel and niobium. This alloy has a number of important applications, including in the aerospace and defense industries. It can be used to make products such as turbine blades, rocket parts, and aircraft engines. The unique properties of nickel niobium alloys make them ideal for these types of applications where high strength and durability are required.
NiNb60:
Nickel-niobium (NiNb) is a solid solution alloy of nickel and niobium. NiNb has applications in electric batteries, superalloys, high-speed machining tools, and nuclear waste management.
NiNb63:
NiNb63 is a ferromagnetic metal with Niobium and 63rd element of nitrogen. It has close resemblance to Nb3Sn, which is also used in high-temperature superalloys. The most important difference between them is that NiNb63 can be easily annealed at temperatures lower than 1000oC, while Nb3Sn requires temperature higher than 1400oC for the same purpose.
Application Insights:
Automation devices was the largest application segment in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030. Nickel Niobium alloy is used for manufacturing electric motors, which are extensively used in industrial automation applications owing to its high efficiency and low maintenance cost over other similar products. The nuclear industry accounted for 19% of global nickel Niobium demand in 2017 and is expected to witness significant growth over the forecast period as it provides enhanced protection against radiation exposure.
The steel industry also accounted for a significant share as it provides improved strength, corrosion resistance, ductility, & malleability along with an increased ability of heat treatment compared with non-alloyed steels. In addition, increasing use of alloys such as A36/NiNb2/3 among others by major steel manufacturers such as JFE Corporation has been driving the market growth across various regions worldwide.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing nuclear power plant construction in China, India, and Japan along with rising automation devices manufacturing in Taiwan and Korea. In addition, growing automotive industry coupled with rapid industrialization is also anticipated to drive demand for these alloys over the forecast period.
North America accounted for a significant share of global volume as well as revenue owing to high product demand from nuclear power plant construction projects undertaken by various countries including Canada and U.S., which are anticipated to propel market growth during the projected period.
Growth Factors:
- Increasing demand from the aerospace and defense industries for high-performance alloys that offer superior strength and corrosion resistance
- Growing use of nickel niobium alloy in medical implants and other biomedical applications
- Rapid expansion of the global automotive industry, especially in developing countries, which is fueling demand for lightweight alloys that can improve fuel efficiency
- Rising popularity of nickel niobium alloy among jewelry designers and consumers
- increasing research & development investments by manufacturers to develop new applications for nickel niobium alloy
Scope Of The Report
Report Attributes
Report Details
Report Title
Nickel Niobium Alloy Market Research Report
By Type
NiNb60, NiNb63, NiNb65, Others
By Application
Nuclear Industry, Steel Industry, Automation Device, Others
By Companies
KBM Affilips, H.C. Starck, COMETAL, S.A., Westbrook Resources, AMG Superalloy, Metalink, BHN
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Nickel Niobium Alloy Market Report Segments:
The global Nickel Niobium Alloy market is segmented on the basis of:
Types
NiNb60, NiNb63, NiNb65, Others
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
Nuclear Industry, Steel Industry, Automation Device, 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:
- KBM Affilips
- H.C. Starck
- COMETAL, S.A.
- Westbrook Resources
- AMG Superalloy
- Metalink
- BHN
Highlights of The Nickel Niobium 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:
- NiNb60
- NiNb63
- NiNb65
- Others
- By Application:
- Nuclear Industry
- Steel Industry
- Automation Device
- 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 Nickel Niobium 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?
Nickel Niobium Alloy is a type of alloy that is made up of nickel and niobium. It has many uses, including in aerospace and military applications.
Some of the key players operating in the nickel niobium alloy market are KBM Affilips, H.C. Starck, COMETAL, S.A., Westbrook Resources, AMG Superalloy, Metalink, BHN.
The nickel niobium alloy market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Nickel Niobium 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. Nickel Niobium Alloy Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Nickel Niobium Alloy Market - Supply Chain
4.5. Global Nickel Niobium Alloy Market Forecast
4.5.1. Nickel Niobium Alloy Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Nickel Niobium Alloy Market Size (000 Units) and Y-o-Y Growth
4.5.3. Nickel Niobium Alloy Market Absolute $ Opportunity
5. Global Nickel Niobium 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. Nickel Niobium Alloy Market Size and Volume Forecast by Type
5.3.1. NiNb60
5.3.2. NiNb63
5.3.3. NiNb65
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Nickel Niobium 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. Nickel Niobium Alloy Market Size and Volume Forecast by Application
6.3.1. Nuclear Industry
6.3.2. Steel Industry
6.3.3. Automation Device
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Nickel Niobium 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. Nickel Niobium 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 Nickel Niobium 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. Nickel Niobium 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 Nickel Niobium Alloy Demand Share Forecast, 2019-2026
9. North America Nickel Niobium 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 Nickel Niobium 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 Nickel Niobium Alloy Market Size and Volume Forecast by Application
9.4.1. Nuclear Industry
9.4.2. Steel Industry
9.4.3. Automation Device
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 Nickel Niobium Alloy Market Size and Volume Forecast by Type
9.7.1. NiNb60
9.7.2. NiNb63
9.7.3. NiNb65
9.7.4. Others
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 Nickel Niobium Alloy Demand Share Forecast, 2019-2026
10. Latin America Nickel Niobium 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 Nickel Niobium 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 Nickel Niobium Alloy Market Size and Volume Forecast by Application
10.4.1. Nuclear Industry
10.4.2. Steel Industry
10.4.3. Automation Device
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 Nickel Niobium Alloy Market Size and Volume Forecast by Type
10.7.1. NiNb60
10.7.2. NiNb63
10.7.3. NiNb65
10.7.4. Others
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 Nickel Niobium Alloy Demand Share Forecast, 2019-2026
11. Europe Nickel Niobium 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 Nickel Niobium 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 Nickel Niobium Alloy Market Size and Volume Forecast by Application
11.4.1. Nuclear Industry
11.4.2. Steel Industry
11.4.3. Automation Device
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 Nickel Niobium Alloy Market Size and Volume Forecast by Type
11.7.1. NiNb60
11.7.2. NiNb63
11.7.3. NiNb65
11.7.4. Others
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 Nickel Niobium Alloy Demand Share, 2019-2026
12. Asia Pacific Nickel Niobium 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 Nickel Niobium 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 Nickel Niobium Alloy Market Size and Volume Forecast by Application
12.4.1. Nuclear Industry
12.4.2. Steel Industry
12.4.3. Automation Device
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 Nickel Niobium Alloy Market Size and Volume Forecast by Type
12.7.1. NiNb60
12.7.2. NiNb63
12.7.3. NiNb65
12.7.4. Others
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 Nickel Niobium Alloy Demand Share, 2019-2026
13. Middle East & Africa Nickel Niobium 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 Nickel Niobium 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 Nickel Niobium Alloy Market Size and Volume Forecast by Application
13.4.1. Nuclear Industry
13.4.2. Steel Industry
13.4.3. Automation Device
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 Nickel Niobium Alloy Market Size and Volume Forecast by Type
13.7.1. NiNb60
13.7.2. NiNb63
13.7.3. NiNb65
13.7.4. Others
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 Nickel Niobium Alloy Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Nickel Niobium Alloy Market: Market Share Analysis
14.2. Nickel Niobium Alloy Distributors and Customers
14.3. Nickel Niobium Alloy Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. KBM Affilips
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. H.C. Starck
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. COMETAL, S.A.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Westbrook Resources
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. AMG Superalloy
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Metalink
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BHN
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