Market Overview:
The global non-magnetic metals & alloys market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for non-magnetic metals & alloys from various end-use industries, such as aerospace & defense, industrial gas & turbine, automotive, electrical & electronics, chemical industry, kitchen appliances, food & beverages and others. In addition, the growing awareness about the benefits of using non-magnetic metals in various applications is also contributing to the growth of this market. Some of the key players operating in this market are Carpenter Technology Corporation (U.S.), Hitachi Metals Ltd (Japan), Kobe Steel Ltd (Japan), Sandvik AB (Sweden) and ThyssenKrupp AG (Germany).
Product Definition:
Non-magnetic metals and alloys are materials that do not have a magnetic field. This is important because it allows these materials to be used in devices that need to be shielded from magnetic fields, such as medical devices and sensors. Non-magnetic metals are also used in construction projects where metal detectors are required, such as airports and train stations.
Non-Ferrous Metals:
Non-ferrous metals are a distinct group of metals that do not possess the ability to acquire a magnetic charge. Some examples of non-ferrous metals include aluminum, copper, tin, lead and nickel. Non-ferrous metal alloys comprise about 1% to 5% by weight of rare earth elements such as neodymium, samarium cobalt and dysprosium.
Precious Metals:
Precious metals and their alloys have been used in the manufacturing of magnetic materials for various applications. These metals are soft, ductile, malleable and shiny in nature. They can be easily extracted from their ores using techniques such as amalgamation or leaching.
Application Insights:
Aerospace & defense was the largest application segment in 2017 and is projected to witness a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing use of non-magnetic metals & alloys in manufacturing aircraft, engines, turbines and other machinery used in aerospace industry.
Non-ferrous metals such as aluminum are widely used for manufacturing airframes, fuselage structures, wings and other parts that come into direct contact with passengers or crew on account of their lightweight properties. These properties allow them to reduce the overall aircraft weight which improves fuel efficiency and reduces operating costs associated with operations of an airline over its lifespan. This factor is anticipated to drive the demand for non-magnetic metals & alloys over the forecast period thereby benefitting market growth during this period.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for more than 45% of global production of non-magnetic metals and will witness high demand for turbines, industrial gas, automotive components, etc. during the forecast period. China is one of the largest consumers as well as producers in this region owing to low labor cost and easy availability of raw materials such as steel, aluminum, etc.
Europe accounted for a significant share in terms of volume due to growing aerospace & defense industry across countries such as Germany; U.K.
Growth Factors:
- Increasing demand from the automotive and transportation sector: The global automotive and transportation sector is growing at a rapid pace, owing to the increasing population and rising income levels in developing countries. This is resulting in an increase in the demand for non-magnetic metals & alloys, as they are used extensively in these sectors for various applications such as engines, transmissions, exhaust systems, etc.
- Growing demand from the electrical & electronics sector: The global electrical & electronics sector is also growing rapidly due to the increasing adoption of advanced technologies across different industries. This is leading to an increase in the demand for non-magnetic metals & alloys which are used extensively in this sector for various applications such as transformers, motors, relays, switches, etc.
- Rising investment by governments and private players in infrastructure development: There has been a significant rise in investment by governments and private players alike towards infrastructure development over the past few years. This is resulting in an increasein thdemandfornon-magneticmetals&alloysthatareusedinvariousinfrastructureapplicationssuchasbridgesandroadsidesigns&markers;highwaybarriers;andrailingsystemsamongothers).
Scope Of The Report
Report Attributes
Report Details
Report Title
Non-Magnetic Metals & Alloys Market Research Report
By Type
Non-Ferrous Metals, Precious Metals, Exotic or Rare Metals
By Application
Aerospace & Defense, Industrial Gas & Turbine, Automotive, Electrical & Electronics, Chemical Industry, Kitchen Appliances, Food & Beverages, Others
By Companies
Saru Smelting, Lee Kee Group, James Coppell Lee, North Ferrous Cast Alloys, Gravita India, Australian Metals, Nimax, Arcotech, AMPCO Metal, Plansee Group
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Non-Magnetic Metals & Alloys Market Report Segments:
The global Non-Magnetic Metals & Alloys market is segmented on the basis of:
Types
Non-Ferrous Metals, Precious Metals, Exotic or Rare Metals
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 & Defense, Industrial Gas & Turbine, Automotive, Electrical & Electronics, Chemical Industry, Kitchen Appliances, Food & Beverages, 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:
- Saru Smelting
- Lee Kee Group
- James Coppell Lee
- North Ferrous Cast Alloys
- Gravita India
- Australian Metals
- Nimax
- Arcotech
- AMPCO Metal
- Plansee Group
Highlights of The Non-Magnetic Metals & Alloys 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:
- Non-Ferrous Metals
- Precious Metals
- Exotic or Rare Metals
- By Application:
- Aerospace & Defense
- Industrial Gas & Turbine
- Automotive
- Electrical & Electronics
- Chemical Industry
- Kitchen Appliances
- Food & Beverages
- 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 Non-Magnetic Metals & Alloys 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?
Non-magnetic metals and alloys are materials that do not have a magnetic property. This means they cannot be magnetized, which is why they are often used in applications where a strong magnetic field is not necessary.
Some of the major companies in the non-magnetic metals & alloys market are Saru Smelting, Lee Kee Group, James Coppell Lee, North Ferrous Cast Alloys, Gravita India, Australian Metals, Nimax, Arcotech, AMPCO Metal, Plansee Group.
The non-magnetic metals & alloys market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Non-Magnetic Metals & Alloys 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. Non-Magnetic Metals & Alloys Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Non-Magnetic Metals & Alloys Market - Supply Chain
4.5. Global Non-Magnetic Metals & Alloys Market Forecast
4.5.1. Non-Magnetic Metals & Alloys Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Non-Magnetic Metals & Alloys Market Size (000 Units) and Y-o-Y Growth
4.5.3. Non-Magnetic Metals & Alloys Market Absolute $ Opportunity
5. Global Non-Magnetic Metals & Alloys 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. Non-Magnetic Metals & Alloys Market Size and Volume Forecast by Type
5.3.1. Non-Ferrous Metals
5.3.2. Precious Metals
5.3.3. Exotic or Rare Metals
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Non-Magnetic Metals & Alloys 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. Non-Magnetic Metals & Alloys Market Size and Volume Forecast by Application
6.3.1. Aerospace & Defense
6.3.2. Industrial Gas & Turbine
6.3.3. Automotive
6.3.4. Electrical & Electronics
6.3.5. Chemical Industry
6.3.6. Kitchen Appliances
6.3.7. Food & Beverages
6.3.8. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Non-Magnetic Metals & Alloys 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. Non-Magnetic Metals & Alloys 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 Non-Magnetic Metals & Alloys 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. Non-Magnetic Metals & Alloys 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 Non-Magnetic Metals & Alloys Demand Share Forecast, 2019-2029
9. North America Non-Magnetic Metals & Alloys 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 Non-Magnetic Metals & Alloys 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 Non-Magnetic Metals & Alloys Market Size and Volume Forecast by Application
9.4.1. Aerospace & Defense
9.4.2. Industrial Gas & Turbine
9.4.3. Automotive
9.4.4. Electrical & Electronics
9.4.5. Chemical Industry
9.4.6. Kitchen Appliances
9.4.7. Food & Beverages
9.4.8. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Non-Magnetic Metals & Alloys Market Size and Volume Forecast by Type
9.7.1. Non-Ferrous Metals
9.7.2. Precious Metals
9.7.3. Exotic or Rare Metals
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 Non-Magnetic Metals & Alloys Demand Share Forecast, 2019-2029
10. Latin America Non-Magnetic Metals & Alloys 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 Non-Magnetic Metals & Alloys 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 Non-Magnetic Metals & Alloys Market Size and Volume Forecast by Application
10.4.1. Aerospace & Defense
10.4.2. Industrial Gas & Turbine
10.4.3. Automotive
10.4.4. Electrical & Electronics
10.4.5. Chemical Industry
10.4.6. Kitchen Appliances
10.4.7. Food & Beverages
10.4.8. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Non-Magnetic Metals & Alloys Market Size and Volume Forecast by Type
10.7.1. Non-Ferrous Metals
10.7.2. Precious Metals
10.7.3. Exotic or Rare Metals
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 Non-Magnetic Metals & Alloys Demand Share Forecast, 2019-2029
11. Europe Non-Magnetic Metals & Alloys 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 Non-Magnetic Metals & Alloys 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 Non-Magnetic Metals & Alloys Market Size and Volume Forecast by Application
11.4.1. Aerospace & Defense
11.4.2. Industrial Gas & Turbine
11.4.3. Automotive
11.4.4. Electrical & Electronics
11.4.5. Chemical Industry
11.4.6. Kitchen Appliances
11.4.7. Food & Beverages
11.4.8. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Non-Mgnetic Metals & Alloys Market Size and Volume Forecast by Type
11.7.1. Non-Ferrous Metals
11.7.2. Precious Metals
11.7.3. Exotic or Rare Metals
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 Non-Magnetic Metals & Alloys Demand Share, 2019-2029
12. Asia Pacific Non-Magnetic Metals & Alloys 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 Non-Magnetic Metals & Alloys 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 Non-Magnetic Metals & Alloys Market Size and Volume Forecast by Application
12.4.1. Aerospace & Defense
12.4.2. Industrial Gas & Turbine
12.4.3. Automotive
12.4.4. Electrical & Electronics
12.4.5. Chemical Industry
12.4.6. Kitchen Appliances
12.4.7. Food & Beverages
12.4.8. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Non-Magnetic Metals & Alloys Market Size and Volume Forecast by Type
12.7.1. Non-Ferrous Metals
12.7.2. Precious Metals
12.7.3. Exotic or Rare Metals
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 Non-Magnetic Metals & Alloys Demand Share, 2019-2029
13. Middle East & Africa Non-Magnetic Metals & Alloys 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 Non-Magnetic Metals & Alloys 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 Non-Magnetic Metals & Alloys Market Size and Volume Forecast by Application
13.4.1. Aerospace & Defense
13.4.2. Industrial Gas & Turbine
13.4.3. Automotive
13.4.4. Electrical & Electronics
13.4.5. Chemical Industry
13.4.6. Kitchen Appliances
13.4.7. Food & Beverages
13.4.8. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Non-Magnetic Metals & Alloys Market Size and Volume Forecast by Type
13.7.1. Non-Ferrous Metals
13.7.2. Precious Metals
13.7.3. Exotic or Rare Metals
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 Non-Magnetic Metals & Alloys Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Non-Magnetic Metals & Alloys Market: Market Share Analysis
14.2. Non-Magnetic Metals & Alloys Distributors and Customers
14.3. Non-Magnetic Metals & Alloys Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Saru Smelting
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lee Kee Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. James Coppell Lee
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. North Ferrous Cast Alloys
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Gravita India
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Australian Metals
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nimax
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Arcotech
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. AMPCO Metal
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Plansee Group
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
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