US Tantalum Market Size study, by Product by Application and Forecasts 2022-2032

Description

List of Tables

US Tantalum Market is valued at approximately USD 51.37 million in 2023 and is anticipated to grow with a healthy growth rate of more than 4.92% over the forecast period 2024-2032. Tantalum is a rare and robust chemical element with a distinctive blue-gray luster, boasts exceptional corrosion resistance. Its versatility is showcased in various applications such as capacitors, semiconductors, engine turbine blades, chemical processing equipment, and medical devices, and others. In the United States, there is a growing interest in tantalum recycling technology due to an emphasis on sustainability and resource conservation. In addition to assisting in meeting demand, recycling lessens its negative effects on the environment and advances the ideas of the circular economy. Accordingly, the growing focus on sustainability and resource conservation is a key trend for the that is supporting the growth of the US Tantalum Market.

The US is a global leader in both defense and aerospace industries, which are significant consumers of tantalum. Tantalum's high melting point and good heat resistance make it ideal for jet engine components, missiles, and other military applications. This strong domestic demand is a major driver for the US tantalum market. Also, the thriving electronics sector, including the production of smartphones, laptops, tablets, and other consumer electronics, drives significant demand for tantalum capacitors and components. According to Statista, it is projected that the retail revenue from consumer electronics sales in the United States is accounted for USD 505 billion in 2022, which is an increase from USD 442 billion in 2020. Accordingly, the surge in demand for consumer electronics is exhibiting a direct influence on the US Tantalum Market. Moreover, the ongoing advancements in tantalum extraction, processing techniques, and recycling methods contribute to improved efficiency and cost-effectiveness, driving market growth during the estimated period. There is a growing focus on tantalum recycling in the US, driven by both economic and environmental considerations. This could help reduce dependence on virgin tantalum and potentially moderate long-term demand. Additionally, research into alternative materials with similar properties could emerge as a future competitor to tantalum in specific applications. However, fluctuation in prices of tantalum, coupled with the several harmful impacts of tantalum is expected to restricts US Tantalum Market growth between 2022 and 2032.

Major market player included in this report are:

KEMET Corporation
AVX Corporation
Tantalus Systems Corp
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10

The detailed segments and sub-segment of the market are explained below:

By Product

Metal
Carbide
Powder
Alloys
Other Product Forms

By Application

Capacitors
Semiconductors
Engine Turbine Blades
Chemical Processing Equipment
Medical Equipment
Other Applications

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and Country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. US Tantalum Market Definition and Research Assumptions

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
  - 1.3.3.1. Availability
  - 1.3.3.2. Infrastructure
  - 1.3.3.3. Regulatory Environment
  - 1.3.3.4. Market Competition
  - 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
  - 1.3.4.1. Regulatory frameworks
  - 1.3.4.2. Technological Advancements
  - 1.3.4.3. Environmental Considerations
  - 1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

Chapter 2. Executive Summary

2.1. US Tantalum Market Size & Forecast (2022- 2032)
2.2. Segmental Summary
- 2.2.1. By Product
- 2.2.2. By Application
2.3. Key Trends
2.4. Recession Impact
2.5. Analyst Recommendation & Conclusion

Chapter 3. US Tantalum Market Dynamics

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

Chapter 4. US Tantalum Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. US Tantalum Market Size & Forecasts by Product 2022-2032

5.1. Metal
5.2. Carbide
5.3. Powder
5.4. Alloys
5.5. Other Product Forms

Chapter 6. US Tantalum Market Size & Forecasts by Application 2022-2032

6.1. Capacitors
6.2. Semiconductors
6.3. Engine Turbine Blades
6.4. Chemical Processing Equipment
6.5. Medical Equipment
6.6. Other Applications

Chapter 7. Competitive Intelligence

7.1. Key Company SWOT Analysis
7.2. Top Market Strategies
7.3. Company Profiles
- 7.3.1. KEMET Corporation
  - 7.3.1.1. Key Information
  - 7.3.1.2. Overview
  - 7.3.1.3. Financial (Subject to Data Availability)
  - 7.3.1.4. Product Summary
  - 7.3.1.5. Market Strategies
- 7.3.2. AVX Corporation
- 7.3.3. Tantalus Systems Corp

Chapter 8. Research Process

8.1. Research Process
- 8.1.1. Data Mining
- 8.1.2. Analysis
- 8.1.3. Market Estimation
- 8.1.4. Validation
- 8.1.5. Publishing
8.2. Research Attributes

LIST OF TABLES

TABLE 1. US Tantalum Market, report scope
TABLE 2. US Tantalum Market estimates & forecasts by Product 2022-2032 (USD Million)
TABLE 3. US Tantalum Market estimates & forecasts by Application 2022-2032 (USD Million)
TABLE 4. US Tantalum Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 5. US Tantalum Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 6. US Tantalum Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 7. US Tantalum Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 8. US Tantalum Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 9. U.S. Tantalum Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 10. U.S. Tantalum Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 11. U.S. Tantalum Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 12. List of secondary sources, used in the study of US Tantalum Market.
TABLE 13. List of primary sources, used in the study of US Tantalum Market.
TABLE 14. Years considered for the study.
TABLE 15. Exchange rates considered.

LIST OF FIGURES

FIG 1. US Tantalum Market, research methodology
FIG 2. US Tantalum Market, market estimation techniques
FIG 3. US market size estimates & forecast methods.
FIG 4. US Tantalum Market, key trends 2023
FIG 5. US Tantalum Market, growth prospects 2022-2032
FIG 6. US Tantalum Market, porters 5 force model
FIG 7. US Tantalum Market, pestel analysis
FIG 8. US Tantalum Market, value chain analysis
FIG 9. US Tantalum Market by segment, 2022 & 2032 (USD Million)
FIG 10. US Tantalum Market by segment, 2022 & 2032 (USD Million)
FIG 11. US Tantalum Market by segment, 2022 & 2032 (USD Million)
FIG 12. US Tantalum Market by segment, 2022 & 2032 (USD Million)
FIG 13. US Tantalum Market by segment, 2022 & 2032 (USD Million)
FIG 14. US Tantalum Market, company market share analysis (2023)