High Performance Alloys Market, By Material (Magnesium, Titanium, and Aluminum), By Product (Platinum Group, Non-Ferrous, Refractory and Superalloys), By Application and Geography (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) Analysis, Share, Trends, Size, & Forecast from 2014 2025
REPORT HIGHLIGHT
The high performance alloys market was valued at USD 8.21 billion by 2018, growing with 4.3% CAGR during the forecast period, 2019-2025.
Market Dynamics
High-performance alloys (also termed as superalloys) are made from specific base metal with its highest percentage share in the composition of the alloy. excellent creep resistance, mechanical strength, surface stability, and oxidation resistance at high temperatures. Furthermore, miniaturization of electronic components and the rising cost of materials is driving the demand for high-performance copper alloys. On the flip side, high cost for raw material procurement coupled with high initial capital investment is likely to hamper the industry development in the future.
Materials Takeaway
Depending upon materials, the industry is segmented as magnesium, titanium, aluminum, and others. Of which, aluminum being the base metal for a maximum of the alloys manufactured, followed by titanium and then magnesium. Aluminum being one of the most available metal, along with its low price and its properties, such as ductility, malleability, good thermal conductivity, and mechanical properties and lightweight make it the most preferred metal for high-performance alloys production. Other metal alloys such as molybdenum, tungsten, bronze, etc. together hold a considerable market share.
Product Takeaway
The market, by product, is divided into a platinum group, non-ferrous, refractory and superalloys. Non-ferrous alloy is accounted for the significant segment share and is growing with a promising growth rate over the study period. Whereas, the market share for platinum group alloys is likely to decrease over the study period owing to its high cost and limited applications.
Application Takeaway
In terms of applications, the market is categorized as manufacturing, electronics, marine, chemical, power generation, food plants, oil and gas, automotive, and others. The strong demand for high-performance alloys has primarily been driven by the power and aerospace sectors.
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Regional Takeaway
Regionally, North America accounted for the highest revenue share with the U.S. as the major revenue contributing country. Further, the demand for this product is likely to grow on account of the growing demand for processed chemical and industrial products in Europe and the Asia Pacific region.
Key Vendors Takeaway
Key manufacturers such as Hitachi Metals Limited, Alcoa Inc., Precision Castparts Corporation, Outokumpu, Allegheny Technologies, Carpenter Technology, Aperam SA, ThyssenKrupp, VSMPO-Avisma Corporation, Timken Company, and RTI International Metals are actively present in this market.
The market is characterized by the presence of major manufacturers accounting for a large share of annual global production of high-performance alloys. The companies compete on the basis of product superiority and strive to expand their market reach so as to increase their market share and bolster the annual revenue. The companies also compete on the basis of profit margins due to the high prices of the products.
The companies do not have a significant impact on market dynamics due to low production volumes. In terms of production of high-performance alloys are dominated by five major companies namely VSMPO-Avisma, Alcoa, Aperam SA, ATI and Outokumpu, which contribute to a maximum share of the respective specialty alloy production.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2014 to 2017
- Base Year – 2018
- Estimated Year – 2019
- Projected Year – 2025
TARGET AUDIENCE
- Traders, Distributors, and Suppliers
- Manufacturers
- Government and Regional Agencies
- Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY MATERIAL
- Magnesium
- Titanium
- Aluminum
- Others
MARKET, BY PRODUCT
- Platinum Group
- Non-Ferrous
- Refractory
- Superalloys
- Others
MARKET, BY APPLICATION
- Manufacturing
- Electronics
- Marine
- Chemical
- Power Generation
- Food Plants
- Oil and Gas
- Automotive
- Others
MARKET, BY REGION
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Singapore
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
TABLE OF CONTENT
1. HIGH PERFORMANCE ALLOYS MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Material
2.1.2. Market Snippet by Product
2.1.3. Market Snippet by Application
2.1.4. Market Snippet by Region
2.2. Competitive Insights
3. HIGH PERFORMANCE ALLOYS KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. HIGH PERFORMANCE ALLOYS INDUSTRY STUDY
4.1. Porter’s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Raw Material Analysis
5. HIGH PERFORMANCE ALLOYS MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
5.3. Breakdown Data, by Key Manufacturer
5.3.1. Established Player Analysis
5.3.2. Emerging Player Analysis
6. HIGH PERFORMANCE ALLOYS MARKET – BY MATERIAL
6.1. Overview
6.1.1. Segment Share Analysis, By Material, 2018 & 2025 (%)
6.2. Magnesium
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. Titanium
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4. Aluminum
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.5. Others
6.5.1. Overview
6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. HIGH PERFORMANCE ALLOYS MARKET – BY PRODUCT
7.1. Overview
7.1.1. Segment Share Analysis, By Product, 2018 & 2025 (%)
7.2. Platinum Group
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. Non-Ferrous
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4. Refractory
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5. Superalloys
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.6. Others
7.6.1. Overview
7.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. HIGH PERFORMANCE ALLOYS MARKET – BY APPLICATION
8.1. Overview
8.1.1. Segment Share Analysis, By Application, 2018 & 2025 (%)
8.2. Manufacturing
8.2.1. Overview
8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3. Electronics
8.3.1. Overview
8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4. Marine
8.4.1. Overview
8.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5. Chemical
8.5.1. Overview
8.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.6. Power Generation
8.6.1. Overview
8.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.7. Food Plants
8.7.1. Overview
8.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.8. Oil and Gas
8.8.1. Overview
8.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.9. Automotive
8.9.1. Overview
8.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.10. Others
8.10.1. Overview
8.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9. HIGH PERFORMANCE ALLOYS MARKET– BY GEOGRAPHY
9.1. Introduction
9.1.1. Segment Share Analysis, By Region, 2018 & 2025 (%)
9.2. North America
9.2.1. Overview
9.2.2. Key Manufacturers in North America
9.2.3. North America Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
9.2.4. North America Market Size and Forecast, By Material, 2014 – 2025 (US$ Million)
9.2.5. North America Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
9.2.6. North America Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
9.2.7. U.S.
9.2.7.1. Overview
9.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.2.8. Canada
9.2.8.1. Overview
9.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3. Europe
9.3.1. Overview
9.3.2. Key Manufacturers in Europe
9.3.3. Europe Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
9.3.4. Europe Market Size and Forecast, By Material, 2014 – 2025 (US$ Million)
9.3.5. Europe Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
9.3.6. Europe Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
9.3.7. Germany
9.3.7.1. Overview
9.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3.8. Italy
9.3.8.1. Overview
9.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3.9. United Kingdom
9.3.9.1. Overview
9.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3.10. France
9.3.10.1. Overview
9.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3.11. Rest of Europe
9.3.11.1. Overview
9.3.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4. Asia Pacific (APAC)
9.4.1. Overview
9.4.2. Key Manufacturers in Asia Pacific
9.4.3. Asia Pacific Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
9.4.4. Asia Pacific Market Size and Forecast, By Material, 2014 – 2025 (US$ Million)
9.4.5. Asia Pacific Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
9.4.6. Asia Pacific Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
9.4.7. India
9.4.7.1. Overview
9.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4.8. China
9.4.8.1. Overview
9.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4.9. Japan
9.4.9.1. Overview
9.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4.10. South Korea
9.4.10.1. Overview
9.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4.11. Rest of APAC
9.4.11.1. Overview
9.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.5. Latin America
9.5.1. Overview
9.5.2. Key Manufacturers in Latin America
9.5.3. Latin America Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
9.5.4. Latin America Market Size and Forecast, By Material, 2014 – 2025 (US$ Million)
9.5.5. Latin America Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
9.5.6. Latin America Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
9.5.7. Brazil
9.5.7.1. Overview
9.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.5.8. Mexico
9.5.8.1. Overview
9.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.5.9. Argentina
9.5.9.1. Overview
9.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.5.10. Rest of LATAM
9.5.10.1. Overview
9.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.6. Middle East and Africa
9.6.1. Overview
9.6.2. Key Manufacturers in Middle East and Africa
9.6.3. Middle East and Africa Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
9.6.4. Middle East and Africa Market Size and Forecast, By Material, 2014 – 2025 (US$ Million)
9.6.5. Middle East and Africa Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
9.6.6. Middle East and Africa Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
9.6.7. Saudi Arabia
9.6.7.1. Overview
9.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.6.8. United Arab Emirates
9.6.8.1. Overview
9.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
10. KEY VENDOR ANALYSIS
10.1. Hitachi Metals Limited
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Strategic Initiatives
10.2. Alcoa Inc.
10.3. Precision Castparts Corporation
10.4. Outokumpu
10.5. Allegheny Technologies
10.6. Carpenter Technology
10.7. Aperam SA
10.8. ThyssenKrupp
10.9. VSMPO-Avisma Corporation
10.10. Timken Company
10.11. RTI International Metals
11. 360 DEGREE ANALYSTVIEW
12. APPENDIX
12.1. Research Methodology
12.2. References
12.3. Abbreviations
12.4. Disclaimer
12.5. Contact Us
List of Tables
TABLE List of data sources
TABLE Market drivers; Impact Analysis
TABLE Market restraints; Impact Analysis
TABLE High Performance Alloys market: Material snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Material
TABLE Global High Performance Alloys market, by Material 2014-2025 (USD Million)
TABLE High Performance Alloys market: Product snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Product
TABLE Global High Performance Alloys market, by Product 2014-2025 (USD Million)
TABLE High Performance Alloys market: Application Snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Application
TABLE Global High Performance Alloys market, by Application 2014-2025 (USD Million)
TABLE High Performance Alloys market: Regional snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Region
TABLE Global High Performance Alloys market, by Region 2014-2025 (USD Million)
TABLE North America High Performance Alloys market, by Country, 2014-2025 (USD Million)
TABLE North America High Performance Alloys market, by Material, 2014-2025 (USD Million)
TABLE North America High Performance Alloys market, by Product, 2014-2025 (USD Million)
TABLE North America High Performance Alloys market, by Application, 2014-2025 (USD Million)
TABLE Europe High Performance Alloys market, by country, 2014-2025 (USD Million)
TABLE Europe High Performance Alloys market, by Material, 2014-2025 (USD Million)
TABLE Europe High Performance Alloys market, by Product, 2014-2025 (USD Million)
TABLE Europe High Performance Alloys market, by Application, 2014-2025 (USD Million)
TABLE Asia Pacific High Performance Alloys market, by country, 2014-2025 (USD Million)
TABLE Asia Pacific High Performance Alloys market, by Material, 2014-2025 (USD Million)
TABLE Asia Pacific High Performance Alloys market, by Product, 2014-2025 (USD Million)
TABLE Asia Pacific High Performance Alloys market, by Application, 2014-2025 (USD Million)
TABLE Latin America High Performance Alloys market, by country, 2014-2025 (USD Million)
TABLE Latin America High Performance Alloys market, by Material, 2014-2025 (USD Million)
TABLE Latin America High Performance Alloys market, by Product, 2014-2025 (USD Million)
TABLE Latin America High Performance Alloys market, by Application, 2014-2025 (USD Million)
TABLE Middle East and Africa High Performance Alloys market, by country, 2014-2025 (USD Million)
TABLE Middle East and Africa High Performance Alloys market, by Material, 2014-2025 (USD Million)
TABLE Middle East and Africa High Performance Alloys market, by Product, 2014-2025 (USD Million)
TABLE Middle East and Africa High Performance Alloys market, by Application, 2014-2025 (USD Million)
List of Figures
FIGURE High Performance Alloys market segmentation
FIGURE Market research methodology
FIGURE Value chain analysis
FIGURE Porter’s Five Forces Analysis
FIGURE Market Attractiveness Analysis
FIGURE Competitive Landscape; Key company market share analysis, 2018
FIGURE Material segment market share analysis, 2018 & 2025
FIGURE Material segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Magnesium market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Titanium market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Aluminum market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Others market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Product segment market share analysis, 2018 & 2025
FIGURE Product segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Platinum Group market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Non-Ferrous market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Refractory market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Superalloys market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Others market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Application segment market share analysis, 2018 & 2025
FIGURE Application segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Manufacturing market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Electronics market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Marine market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Chemical market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Power Generation market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Food Plants market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Oil and Gas market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Automotive market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Others market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Regional segment market share analysis, 2018 & 2025
FIGURE Regional segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE North America High Performance Alloys market share and leading players, 2018
FIGURE Europe High Performance Alloys market share and leading players, 2018
FIGURE Asia Pacific High Performance Alloys market share and leading players, 2018
FIGURE Latin America High Performance Alloys market share and leading players, 2018
FIGURE Middle East and Africa High Performance Alloys market share and leading players, 2018
FIGURE North America market share analysis by country, 2018
FIGURE U.S. market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Canada market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Europe market share analysis by country, 2018
FIGURE Germany market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Spain market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Italy market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE UK market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE France market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of the Europe market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Asia Pacific market share analysis by country, 2018
FIGURE India market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE China market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Japan market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE South Korea market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Singapore market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of APAC market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Latin America market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Latin America market share analysis by country, 2018
FIGURE Brazil market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Mexico market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Argentina market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of LATAM market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Middle East and Africa market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Middle East and Africa market share analysis by country, 2018
FIGURE Saudi Arabia market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE United Arab Emirates market size, forecast and trend analysis, 2014 to 2025 (USD Million)
