Global Nickel Niobium Market Research Report 2021

Niobium is used as an additive in nickel-, iron- or cobalt-based superalloys. It not only has a high melting point of 2468°C, but is also resistant to corrosion and oxidation.
Nickel base superalloys compete with steel products and even with Titanium alloys. They provide the combined benefits of extreme corrosion resistance, heat resistance and very high strength at elevated temperatures. These properties are required for applications in land based turbines and aircraft turbine engines, chemical industry, on and off shore oil and gas production, power generation, thermal processing, petrol chemistry, automotive, paper industry and food processing. Niobium has an important impact as an alloying element in nickel base superalloys. Niobium alloys have become increasingly importance in industrial and aircraft applications, where superior heat and corrosion resistance is required. This type of superalloys contains up to 5 wt-% Niobium. In the past few years, this industry has developed rapidly due to strong downstream demand. With strong aerospace demand, The South of US consumes 61% of nickel niobium. H.C. Starck, COMETAL, S.A, AMG Superalloy, Reading Alloys Inc. and Kennametal Inc. are major players in the US market. The leader in the Reading Alloys Inc market. According to our estimates, in 2017, Reading Alloys Inc has a 23.6% market share in the US.

Market Analysis and Insights: Global Nickel Niobium Market
The global Nickel Niobium market was valued at US$ XX million in 2019 and it is expected to reach US$ XX million by the end of 2026, growing at a CAGR of XX% during 2021-2026.

Global Nickel Niobium Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Nickel Niobium Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Nickel Niobium 60%
Nickel Niobium 65%
Others

Segment by Application
Nickel-based Superalloys
Special Nickel Steels
Others

By Company
H.C. Starck
COMETAL, S.A
KBM Affilips
Westbrook Resources
AMG Superalloy
Metalink
Reading Alloys Inc
Kennametal Inc

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E