The global precision alloy market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market is driven by the increasing demand for high-quality and high-performance alloys in various industries such as aerospace, medical surgery, automotive, and home appliance. The increasing demand for these alloys in various industries is also driving the growth of this market. The magnetic alloy segment accounted for the largest share of the global precision alloy market in 2018 and it is expected to continue its dominance throughout the forecast period. Magnetic alloys are used in aircrafts due to their ability to withstand extreme temperatures without any change in their properties or performance. They are also used as an alternative material for surgical instruments because they do not corrode or rust easily like stainless steel does when exposed to blood or other fluids that contain iron ions. Asia Pacific was one of the fastest growing regions with a CAGR of 5% during 2018-2030 due to increased investments by companies into research and development activities related with precision alloys which has led them towards Asia Pacific region where there are many universities conducting research on these materials which has led them towards Asia Pacific region where there are many universities conducting research on these materials.
Some Of The Growth Factors Of This Market:
- The growth in the automotive industry is one of the major factors driving the demand for precision alloys.
- Increasing use of high-performance materials in aerospace and defense industries will also drive the demand for precision alloys.
- Increasing use of high-performance materials in medical equipment, power generation, and oil & gas industries will also drive the demand for precision alloys.
- Growing need to reduce weight and improve fuel efficiency in automobiles will also drive the demand for precision alloys.
Industry Growth Insights published a new data on “Precision Alloy Market”. The research report is titled “Precision Alloy Market research by Types (Magnetic Alloy, Elasticity Alloy, Heat Expansion Alloy, Resistance Slloy), By Applications (Aircraft, Medical surgery, Automotive, Home Appliance, Other), By Players/Companies Dynalloy, Euroflex, Nitinol Devices & Components Inc., SAES Getters, Aerofits Products, Bose, Burpee Materials Technology, EchoBio, Endosmart, Nitinol Devices & Components, SAES Getters, G.RAU GmbH & Co. KG, ATI Wah-chang, Johnson Matthey, Fort Wayne Metals, Furukawa Electric, Nippon Steel & Sumitomo Metal, Nippon Seisen, Metalwerks PMD, Ultimate NiTi Technologies, KANTHAL, Isabellenhütte, Sedes, T.R.W, Xinghuo Special Steel, Chongqing Chuanyi”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Precision Alloy Market Research Report
By Type
Magnetic Alloy, Elasticity Alloy, Heat Expansion Alloy, Resistance Slloy
By Application
Aircraft, Medical surgery, Automotive, Home Appliance, Other
By Companies
Dynalloy, Euroflex, Nitinol Devices & Components Inc., SAES Getters, Aerofits Products, Bose, Burpee Materials Technology, EchoBio, Endosmart, Nitinol Devices & Components, SAES Getters, G.RAU GmbH & Co. KG, ATI Wah-chang, Johnson Matthey, Fort Wayne Metals, Furukawa Electric, Nippon Steel & Sumitomo Metal, Nippon Seisen, Metalwerks PMD, Ultimate NiTi Technologies, KANTHAL, Isabellenhütte, Sedes, T.R.W, Xinghuo Special Steel, Chongqing Chuanyi
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Precision Alloy Market Report Segments:
The global Precision Alloy market is segmented on the basis of:
Types
Magnetic Alloy, Elasticity Alloy, Heat Expansion Alloy, Resistance Slloy
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
Aircraft, Medical surgery, Automotive, Home Appliance, 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:
- Dynalloy
- Euroflex
- Nitinol Devices & Components Inc.
- SAES Getters
- Aerofits Products
- Bose
- Burpee Materials Technology
- EchoBio
- Endosmart
- Nitinol Devices & Components
- SAESÂ Getters
- G.RAU GmbH & Co. KG
- ATI Wah-chang
- Johnson Matthey
- Fort Wayne Metals
- Furukawa Electric
- Nippon Steel & Sumitomo Metal
- Nippon Seisen
- Metalwerks PMD
- Ultimate NiTi Technologies
- KANTHAL
- Isabellenhütte
- Sedes
- T.R.W
- Xinghuo Special Steel
- Chongqing Chuanyi
Highlights of The Precision 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 Alloy
- Elasticity Alloy
- Heat Expansion Alloy
- Resistance Slloy
- By Application:
- Aircraft
- Medical surgery
- Automotive
- Home Appliance
- 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 Precision 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?
Precision Alloy is a type of alloy that is specifically designed to resist wear and tear. It is often used in applications where high levels of precision are required, such as medical devices and aerospace components.
Some of the major companies in the precision alloy market are Dynalloy, Euroflex, Nitinol Devices & Components Inc., SAES Getters, Aerofits Products, Bose, Burpee Materials Technology, EchoBio, Endosmart, Nitinol‚ Devices‚ &‚ Components, SAES‚ Getters, G.RAU‚ GmbH‚ &‚ Co.‚ KG, ATI Wah-chang, Johnson‚ Matthey, Fort‚ Wayne‚ Metals, Furukawa Electric, Nippon Steel & Sumitomo Metal, Nippon Seisen, Metalwerks‚ PMD, Ultimate‚ NiTi‚ Technologies, KANTHAL, IsabellenhƒÂ¼tte, Sedes, T.R.W, Xinghuo Special Steel, Chongqing Chuanyi.
The precision alloy market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Precision 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. Precision Alloy Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Precision Alloy Market - Supply Chain
4.5. Global Precision Alloy Market Forecast
4.5.1. Precision Alloy Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Precision Alloy Market Size (000 Units) and Y-o-Y Growth
4.5.3. Precision Alloy Market Absolute $ Opportunity
5. Global Precision 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. Precision Alloy Market Size and Volume Forecast by Type
5.3.1. Magnetic Alloy
5.3.2. Elasticity Alloy
5.3.3. Heat Expansion Alloy
5.3.4. Resistance Slloy
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Precision 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. Precision Alloy Market Size and Volume Forecast by Application
6.3.1. Aircraft
6.3.2. Medical surgery
6.3.3. Automotive
6.3.4. Home Appliance
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Precision 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. Precision 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 Precision 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. Precision 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 Precision Alloy Demand Share Forecast, 2019-2029
9. North America Precision 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 Precision 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 Precision Alloy Market Size and Volume Forecast by Application
9.4.1. Aircraft
9.4.2. Medical surgery
9.4.3. Automotive
9.4.4. Home Appliance
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Precision Alloy Market Size and Volume Forecast by Type
9.7.1. Magnetic Alloy
9.7.2. Elasticity Alloy
9.7.3. Heat Expansion Alloy
9.7.4. Resistance Slloy
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 Precision Alloy Demand Share Forecast, 2019-2029
10. Latin America Precision 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 Precision 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 Precision Alloy Market Size and Volume Forecast by Application
10.4.1. Aircraft
10.4.2. Medical surgery
10.4.3. Automotive
10.4.4. Home Appliance
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Precision Alloy Market Size and Volume Forecast by Type
10.7.1. Magnetic Alloy
10.7.2. Elasticity Alloy
10.7.3. Heat Expansion Alloy
10.7.4. Resistance Slloy
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 Precision Alloy Demand Share Forecast, 2019-2029
11. Europe Precision 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 Precision 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 Precision Alloy Market Size and Volume Forecast by Application
11.4.1. Aircraft
11.4.2. Medical surgery
11.4.3. Automotive
11.4.4. Home Appliance
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Precision Alloy Market Size and Volume Forecast by Type
11.7.1. Magnetic Alloy
11.7.2. Elasticity Alloy
11.7.3. Heat Expansion Alloy
11.7.4. Resistance Slloy
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 Precision Alloy Demand Share, 2019-2029
12. Asia Pacific Precision 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 Precision 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 Precision Alloy Market Size and Volume Forecast by Application
12.4.1. Aircraft
12.4.2. Medical surgery
12.4.3. Automotive
12.4.4. Home Appliance
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Precision Alloy Market Size and Volume Forecast by Type
12.7.1. Magnetic Alloy
12.7.2. Elasticity Alloy
12.7.3. Heat Expansion Alloy
12.7.4. Resistance Slloy
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 Precision Alloy Demand Share, 2019-2029
13. Middle East & Africa Precision 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 Precision 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 Precision Alloy Market Size and Volume Forecast by Application
13.4.1. Aircraft
13.4.2. Medical surgery
13.4.3. Automotive
13.4.4. Home Appliance
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Precision Alloy Market Size and Volume Forecast by Type
13.7.1. Magnetic Alloy
13.7.2. Elasticity Alloy
13.7.3. Heat Expansion Alloy
13.7.4. Resistance Slloy
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 Precision Alloy Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Precision Alloy Market: Market Share Analysis
14.2. Precision Alloy Distributors and Customers
14.3. Precision Alloy Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dynalloy
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Euroflex
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nitinol Devices & Components Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SAES Getters
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Aerofits Products
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bose
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Burpee Materials Technology
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. EchoBio
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Endosmart
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nitinol Devices & Components
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. SAES Getters
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. G.RAU GmbH & Co. KG
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. ATI Wah-chang
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Johnson Matthey
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. Furukawa Electric
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Nippon Steel & Sumitomo Metal
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Nippon Seisen
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Metalwerks PMD
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Ultimate NiTi Technologies
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook