Market Overview:
The global niobium carbide market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. Niobium carbide (99%) is the most commonly used type of niobium carbide in the market, owing to its high purity and superior properties. The demand for niobium carbide (99%) is expected to increase in the coming years due to its increasing use in various applications such as alloy, coating materials, and metallurgical industry. Asia Pacific is expected to be the fastest-growing region during the forecast period owing to rapid industrialization and growth in end-use industries such as automotive, aerospace & defense, and energy & power sectors.
Product Definition:
Niobium carbide (NbC) is an extremely hard ceramic material with a melting point of about 3,000 °C (5,432 °F). It is composed of niobium and carbon atoms in a 1:1 ratio. Niobium carbide is used to make cutting tools and wear-resistant parts.
Niobium Carbide (99.0%):
Niobium (Nb) is a chemical element that occurs in the form of various minerals. Niobium and its mineral counterpart, columbite, are used for producing superalloys that are widely used in nuclear power plants and other applications involving high-temperature operations. The most important industrial application of nioibium involves the production of steel alloys; whereas, it has several other uses as well including electronic devices & components and heat exchangers among others.
Niobium Carbide (99.5%):
Niobium (Nb) is a chemical element that occurs in the form of various minerals. Niobium and its compounds have widespread applications in industries such as automotive, aerospace, electronics, etc. The most common source of niobium is coltan (tantalum), which is obtained from mines in Africa and Brazil. However, due to the depletion of tin and other ores over decades; new sources had to be found for producing this metal.
Application Insights:
The demand for the product in the metallurgical industry was valued at USD 39.5 million in 2017 and is projected to witness significant growth over the coming years. The rising requirement for high-grade steel, which does not contain any nickel, is expected to drive the market growth over the forecast period.
In terms of revenue, coating materials segment accounted for a share of 22.3% in 2017 and is anticipated to grow at a CAGR exceeding 7% from 2018 to 2030 owing to its increasing use as an anti-corrosion agent on railway carriages and containers among other metal products such as building & construction equipment components, industrial machinery parts and sporting goods among others globally.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 60% in 2017. The region is expected to witness significant growth over the forecast period owing to rising demand from end-use industries such as metallurgy, automotive, and construction. China was one of the largest producers and consumers for Niobium Carbide globally. It accounted for a production volume share of around 70% in 2017 on account that it is also produced mainly in South Africa and Australia.
The country’s rapid industrialization has led to an increase in consumption across various application sectors including construction, coating materials & films, metallurgy & mining industry which will drive product demand further over the coming years.
Growth Factors:
- Increasing demand for niobium carbide in the aerospace and defense industry as a result of its unique properties such as high strength, hardness, and thermal stability.
- Growing demand for niobium carbide from the automotive industry due to its superior wear resistance and toughness.
- Rising use of niobium carbide in cutting tools and other industrial applications due to its excellent mechanical properties.
- Increasing adoption of niobium carbide in medical implants and other biomedical applications due to its biocompatibility properties.
- Growing popularity of niobium carbide among researchers for development of new applications owing to its unique chemical and physical characteristics
Scope Of The Report
Report Attributes
Report Details
Report Title
Niobium Carbide Market Research Report
By Type
Niobium Carbide (99.0%), Niobium Carbide (99.5%)
By Application
Carbide Alloy, Coating Materials, Metallurgical Industry
By Companies
H.C. Starck, Kennametal, Japan New Metals, ESPI Metals, Jiujiang Tanbre, Zhuzhou Cemented Carbide Group, ZhuZhou GuangYuan, OTIC, Jiujiang Zhongao, Jiangxi King-Tan Tantalum, Changsha Langfeng Metallic Material, WHNM
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 Niobium Carbide Market Report Segments:
The global Niobium Carbide market is segmented on the basis of:
Types
Niobium Carbide (99.0%), Niobium Carbide (99.5%)
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
Carbide Alloy, Coating Materials, Metallurgical Industry
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:
- H.C. Starck
- Kennametal
- Japan New Metals
- ESPI Metals
- Jiujiang Tanbre
- Zhuzhou Cemented Carbide Group
- ZhuZhou GuangYuan
- OTIC
- Jiujiang Zhongao
- Jiangxi King-Tan Tantalum
- Changsha Langfeng Metallic Material
- WHNM
Highlights of The Niobium 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:
- Niobium Carbide (99.0%)
- Niobium Carbide (99.5%)
- By Application:
- Carbide Alloy
- Coating Materials
- Metallurgical Industry
- 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 Niobium 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.
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?
Niobium carbide is a very hard, black material that is used in industrial applications. It is also used as a component in some types of superconducting materials.
Some of the major companies in the niobium carbide market are H.C. Starck, Kennametal, Japan New Metals, ESPI Metals, Jiujiang Tanbre, Zhuzhou Cemented Carbide Group, ZhuZhou GuangYuan, OTIC, Jiujiang Zhongao, Jiangxi King-Tan Tantalum, Changsha Langfeng Metallic Material, WHNM.
The niobium carbide market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Niobium 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. Niobium Carbide Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Niobium Carbide Market - Supply Chain
4.5. Global Niobium Carbide Market Forecast
4.5.1. Niobium Carbide Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Niobium Carbide Market Size (000 Units) and Y-o-Y Growth
4.5.3. Niobium Carbide Market Absolute $ Opportunity
5. Global Niobium 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. Niobium Carbide Market Size and Volume Forecast by Type
5.3.1. Niobium Carbide (99.0%)
5.3.2. Niobium Carbide (99.5%)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Niobium 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. Niobium Carbide Market Size and Volume Forecast by Application
6.3.1. Carbide Alloy
6.3.2. Coating Materials
6.3.3. Metallurgical Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Niobium 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. Niobium 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 Niobium 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. Niobium 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 Niobium Carbide Demand Share Forecast, 2019-2026
9. North America Niobium 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 Niobium 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 Niobium Carbide Market Size and Volume Forecast by Application
9.4.1. Carbide Alloy
9.4.2. Coating Materials
9.4.3. Metallurgical Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Niobium Carbide Market Size and Volume Forecast by Type
9.7.1. Niobium Carbide (99.0%)
9.7.2. Niobium Carbide (99.5%)
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 Niobium Carbide Demand Share Forecast, 2019-2026
10. Latin America Niobium 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 Niobium 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 Niobium Carbide Market Size and Volume Forecast by Application
10.4.1. Carbide Alloy
10.4.2. Coating Materials
10.4.3. Metallurgical Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Niobium Carbide Market Size and Volume Forecast by Type
10.7.1. Niobium Carbide (99.0%)
10.7.2. Niobium Carbide (99.5%)
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 Niobium Carbide Demand Share Forecast, 2019-2026
11. Europe Niobium 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 Niobium 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 Niobium Carbide Market Size and Volume Forecast by Application
11.4.1. Carbide Alloy
11.4.2. Coating Materials
11.4.3. Metallurgical Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Niobium Carbide Market Size and Volume Forecast by Type
11.7.1. Niobium Carbide (99.0%)
11.7.2. Niobium Carbide (99.5%)
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 Niobium Carbide Demand Share, 2019-2026
12. Asia Pacific Niobium 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 Niobium 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 Niobium Carbide Market Size and Volume Forecast by Application
12.4.1. Carbide Alloy
12.4.2. Coating Materials
12.4.3. Metallurgical Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Niobium Carbide Market Size and Volume Forecast by Type
12.7.1. Niobium Carbide (99.0%)
12.7.2. Niobium Carbide (99.5%)
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 Niobium Carbide Demand Share, 2019-2026
13. Middle East & Africa Niobium 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 Niobium 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 Niobium Carbide Market Size and Volume Forecast by Application
13.4.1. Carbide Alloy
13.4.2. Coating Materials
13.4.3. Metallurgical Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Niobium Carbide Market Size and Volume Forecast by Type
13.7.1. Niobium Carbide (99.0%)
13.7.2. Niobium Carbide (99.5%)
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 Niobium Carbide Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Niobium Carbide Market: Market Share Analysis
14.2. Niobium Carbide Distributors and Customers
14.3. Niobium Carbide Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. H.C. Starck
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kennametal
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Japan New Metals
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ESPI 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. Jiujiang Tanbre
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Zhuzhou Cemented Carbide Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ZhuZhou GuangYuan
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. OTIC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Jiujiang Zhongao
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Jiangxi King-Tan Tantalum
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Changsha Langfeng Metallic Material
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. WHNM
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
