The High Performance Alloys Market Research Report provides forecast and estimates for each application in terms of Market Size, Share, Trend & Growth during the study period Upto 2021.
High performance alloys display combine properties of metals, nonmetals and metalloids. Such properties include high mechanical strength, resistance to corrosion and oxidation as well as high temperature resistance. They can perform in extreme conditions of pressure, temperature, radiation and corrosive media.
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Commercially available high performance alloys include non-ferrous, platinum, refractory and superalloys. Some of the popular trade names are Hastelloy, Waspaloy, Inconel and Rene alloys. The end-user industries of high performance alloys are aerospace, industrial gas turbines, automotive, oil & gas and electronics. High performance alloys find novel use in fuel cells and as catalytic converters.
Non-ferrous alloys (titanium & aluminium) are the leading product segments of the global high temperature alloys market. Superalloys follow them in the terms of demand and production. Alloys of the platinum group metal are now finding increased usage as catalytic converters in passenger vehicles. Aerospace industries are the largest end users of the global high performance alloys market followed by the manufacturers of industrial gas turbines. The demand from the aerospace industry is projected to rise even more during the post forecasted period, as the production of low cost carriers is on uprise.
Major player assessed in the report are :
– Haynes International Inc.
– Verkhne Saldinskoye Metallurgicheskiy
– Proizvodstvennoe Obedinenie
– ThyssenKrupp AG
– RTI International Metals Inc.
– Outokumpu Oyj
– Carpenter Technology Corporation
The aerospace industry is investing heavily into research and development (R&D) to manufacture high performance alloys, to meet the industry needs. Governments around the world are promoting policies, which favour the use of high performance alloys in the aerospace sector. The eco-friendly policies are further enhancing the growth of high performance alloys. In addition, governments of the developing countries like India & China are promoting FDI in the metal alloy sector. All these factors are serving as major driving forces of the global high performance alloys. However, the high cost of some of these metal alloys may serve as a constraint to the growth of the certain segments of global high performance metal alloys market like the platinum group.
Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
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SEGMENTATIONS IN REPORT :
1. High Performance Alloys By Products :
2. High Performance Alloys By Applications :
– Industrial Gas Turbines
– Oil & gas
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