Superalloy Market is expected to reach 14600 million USD by 2025 – QY Research

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This report studies the global Superalloy industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.

Super alloy that exhibit excellent mechanical strength and creep resistance at high temperatures, good surface stability, and corrosion and oxidation resistance. They typically have an austenitic face-Center, June 2015ed cubic crystal structure with a base alloying element of nickel, cobalt, or nickel-iron. The development of superalloy has primarily been driven by the aerospace and power industries.

First, the superalloy market is concentrated. The numbers of major manufacturer in this field would be no more than 50. For the past 20 years, superalloy has been a niche market, and advanced technology and sufficient raw material supply is vital in this industry. Consequently, only limited companies are able to produce superalloy in their own land. Regionally, North America is the biggest consumption region of superalloy, about 41.49% of the global superalloy consumption, and the market share of Europe is also considerable. Consumption in China is more separated, but in fast development.

Second, as a kind of advanced material, the production of superalloy highly relies on the downstream demand. Aerospace is the biggest market of superalloy, which takes more than 58.24% of total superalloy production in last year. IGT (electricity) and IGT (mechanical) are also major application of superalloy.

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The global Superalloy market is valued at 10100 million USD in 2017 and is expected to reach 14600 million USD by the end of 2025, growing at a CAGR of 4.7% between 2018 and 2025.

This research report categorizes the China and global Superalloy market by type, end-use industry, and region.

International Manufacturers Covered

    Precision Castparts Corporation

    ATI

    Haynes

    Carpenter

    Aperam

    Eramet Group

    AMG

    Hitachi Metals

    CMK Group

    VDM

    Nippon Yakin Kogyo

    Doncasters

    VSMPO-AVISMA

    Acronic

China Local Manufacturers Covered

    Fushun Special Steel

    CISRI Gaona

    BaoSteel

    ANSTEEL

    Zhongke Sannai

    …

 

By Type

    Iron Based Superalloy

    Cobalt Based Superalloy

    Nickel Based Superalloy

 

By Application

    Aerospace

    IGT (Electricity)

    IGT(Mechanical)

    Industrial

    Automotive

    Oil & Gas

    Others

 

By Region

    United States

    Europe

    Japan

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