Industrial, Manufacturing & Heavy Industry Market News

High performance alloys market: industry analysis, share, trends and forecast by 2020 available in new report

Global high performance alloys market is expected to reach USD 9.26 billion by 2020, according to a new study by Grand View Research, Inc. Aerospace application dominated the high performance alloys market accounting for over 55% of global demand in 2013.

 high performance alloys market

Growing demand for light weight alloys in aerospace industry coupled with increasing low cost carriers resulting in higher demand for new aircrafts is expected to augment market growth.

North America was the largest regional market accounting for over 40% of global high performance alloys market demand in 2013.

- Advertising -

- Premium. -

Increasing R&D investment aimed at use of novel high performance materials in aerospace industry is expected to help the region maintain dominance over the forecast period.

In addition, favorable government initiatives including ‘The National Space Policy’ for promoting investment in aerospace industry is expected to augment market demand. Asia Pacific is expected to witness above average growth rates over the next six years owing to the growing aviation industry coupled with increasing demand for high durability metals in gas turbines and electrical & electronics.

Further key findings from the study suggest:

Global high performance alloys market demand was 1150.0 kilo tons in 2013 and is expected to exceed 1400.0 kilo tons by 2020, growing at a CAGR of over 3.0% from 2014 to 2020.

<!-- [if gte mso 9]> <![endif]-->

<!-- [if gte mso 9]> Normal 0 false false false EN-IN X-NONE X-NONE <![endif]--><!-- [if gte mso 9]> <![endif]--><!-- [if gte mso 10]> <![endif]-->

Report:www.orbisresearch.com/contacts/request-sample/60598

Non-ferrous alloys were the largest product segment accounting for over 50% of global market in 2013. Non-ferrous metal alloys are expected to witness significant demand owing to the extensive use of nickel and titanium alloys in automotive and aviation industry.

Superalloys demand is expected to witness growth at a CAGR of over 3.0% from 2014 to 2020 owing to increasing application in gas turbines and oil & gas industries.

<!-- [if gte mso 9]> <![endif]-->

<!-- [if gte mso 9]> Normal 0 false false false EN-IN X-NONE X-NONE <![endif]--><!-- [if gte mso 9]> <![endif]--><!-- [if gte mso 10]> <![endif]-->

Report: www.orbisresearch.com/contact/60598

High performance alloys demand in gas turbine and electrical & electronics is expected to witness highest growth at a CAGR of over 3.5% from 2014 to 2020.
Key participants have patented technologies coupled with expertise in the field of high performance alloys resulting in market dominance. High performance alloys market is moderately consolidated with the top four companies accounting for less than 50% of the market in 2013.

Key companies in the market include VSMPO, Carpenter Technology Corporation and RTI International Metals. Other companies operating in this market include Aperam, Outokumpu and Haynes International.

<!-- [if gte mso 9]> <![endif]-->

<!-- [if gte mso 9]> Normal 0 false false false EN-IN X-NONE X-NONE <![endif]--><!-- [if gte mso 9]> <![endif]--><!-- [if gte mso 10]> <![endif]-->Major points From table Of Contents:

Chapter One: Executive Summary

Chapter Two: High Performance Alloys Industry Outlook

Chapter Three: High Performance Alloys Product Outlook

Chapter Four: High Performance Alloys Application Outlook

Chapter Five: High Performance Alloys Regional Outlook

Chapter Six: Competitive Landscape

Chapter Seven: Methodology & Scope

<!-- [if gte mso 9]> <![endif]-->

<!-- [if gte mso 9]> Normal 0 false false false EN-IN X-NONE X-NONE <![endif]--><!-- [if gte mso 9]> <![endif]--><!-- [if gte mso 10]> <![endif]-->

 

News From

Orbis Research - Rendering Conscientious ResearchOrbis Research
Category: Market Research Publishers and ResellersCompany profile: Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have a vast database of reports from the leading publishers and authors across the gl obe. We specialize in delivering customised reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialisation. This helps our clients to map their need, and we produce the perfect requi ...
...