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PUBLISHER: IMARC | PRODUCT CODE: 1541220
PUBLISHER: IMARC | PRODUCT CODE: 1541220
High Performance Alloys Market Report by Product, Material, Application, and Region 2024-2032
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PAGES: 145 Pages
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The global high performance alloys market size reached US$ 9.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 13.3 Billion by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032.
Also known as superalloys, high performance alloys have an austenitic face-centered cubic crystal structure with cobalt, nickel, or nickel-iron as the base alloying element. They exhibit excellent mechanical strength, superior functionality, and high corrosion and heat resistance compared to stainless steel. As a result, they find applications in atomic power, semiconductors, desalination, and solar and fuel cells around the world.
High Performance Alloys Market Trends:
A considerable rise in the use of high performance alloys in the defense sector for enhancing operational efficiency represents one of the primary factors positively influencing the market. Moreover, there is an increase in the demand for next-generation aircraft and building fuel nozzles of jet engines in the aerospace industry. This, in turn, is positively driving the sales of high performance alloys across the globe. Additionally, these alloys are used in industrial gas turbines as they help increase the overall performance. Furthermore, the market is driven by the rising utilization of high performance alloys in the oil and gas industry for onshore and offshore exploration, drilling, and production activities. Besides this, due to the rising environmental concerns and stringent regulations implemented by governing agencies of numerous countries, there is a significant rise in the demand for fuel-efficient vehicles. Consequently, leading vehicle manufacturers are relying on high-performance alloys for reducing the overall weight of the vehicle. Other major factors anticipated to support the growth of the market include developments in aluminum and magnesium mining and increasing extraction of metals used for alloying.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global high performance alloys market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product, material and application.
Breakup by Product:
Non-ferrous Metal
Platinum Group Metal
Refractory
Superalloys
Breakup by Material:
Aluminum
Titanium
Magnesium
Others
Breakup by Application:
Aerospace
Industrial Gas Turbine
Industrial
Automotive
Oil and Gas
Electrical and Electronics
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alcoa Corporation, Allegheny Technologies Incorporated, Aperam S.A., Carpenter Technology Corporation, Haynes International Inc., Hitachi Metals Ltd. (Hitachi Ltd.), Outokumpu Oyj, Precision Castparts Corp. (Berkshire Hathaway Inc.), The Timken Company, ThyssenKrupp AG and VSMPO-AVISMA Corporation.
Key Questions Answered in This Report
- 1. What was the size of the global high performance alloys market in 2023?
- 2. What is the expected growth rate of the global high performance alloys market during 2024-2032?
- 3. What has been the impact of COVID-19 on the global high performance alloys market?
- 4. What are the key factors driving the global high performance alloys market?
- 5. What is the breakup of the global high performance alloys market based on the product?
- 6. What is the breakup of the global high performance alloys market based on the material?
- 7. What is the breakup of the global high performance alloys market based on the application?
- 8. What are the key regions in the global high performance alloys market?
- 9. Who are the key players/companies in the global high performance alloys market?
Product Code: SR112024A3907
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global High Performance Alloys Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 Non-ferrous Metal
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Platinum Group Metal
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Refractory
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Superalloys
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Material
- 7.1 Aluminum
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Titanium
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Magnesium
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Application
- 8.1 Aerospace
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Industrial Gas Turbine
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Industrial
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Automotive
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Oil and Gas
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Electrical and Electronics
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
- 8.7 Others
- 8.7.1 Market Trends
- 8.7.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Alcoa Corporation
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Allegheny Technologies Incorporated
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 Aperam S.A.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.4 Carpenter Technology Corporation
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 Haynes International Inc.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 Hitachi Metals Ltd. (Hitachi Ltd.)
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Outokumpu Oyj
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 Precision Castparts Corp. (Berkshire Hathaway Inc.)
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 The Timken Company
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10 ThyssenKrupp AG
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 VSMPO-AVISMA Corporation
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.1 Alcoa Corporation
Product Code: SR112024A3907
List of Figures
- Figure 1: Global: High Performance Alloys Market: Major Drivers and Challenges
- Figure 2: Global: High Performance Alloys Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: High Performance Alloys Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: High Performance Alloys Market: Breakup by Product (in %), 2023
- Figure 5: Global: High Performance Alloys Market: Breakup by Material (in %), 2023
- Figure 6: Global: High Performance Alloys Market: Breakup by Application (in %), 2023
- Figure 7: Global: High Performance Alloys Market: Breakup by Region (in %), 2023
- Figure 8: Global: High Performance Alloys (Non-ferrous Metal) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: High Performance Alloys (Non-ferrous Metal) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: High Performance Alloys (Platinum Group Metal) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: High Performance Alloys (Platinum Group Metal) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: High Performance Alloys (Refractory) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: High Performance Alloys (Refractory) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: High Performance Alloys (Superalloys) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: High Performance Alloys (Superalloys) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: High Performance Alloys (Aluminum) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: High Performance Alloys (Aluminum) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: High Performance Alloys (Titanium) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: High Performance Alloys (Titanium) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: High Performance Alloys (Magnesium) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: High Performance Alloys (Magnesium) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: High Performance Alloys (Other Materials) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: High Performance Alloys (Other Materials) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: High Performance Alloys (Aerospace) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: High Performance Alloys (Aerospace) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: High Performance Alloys (Industrial Gas Turbine) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: High Performance Alloys (Industrial Gas Turbine) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: Global: High Performance Alloys (Industrial) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: Global: High Performance Alloys (Industrial) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: Global: High Performance Alloys (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: Global: High Performance Alloys (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: Global: High Performance Alloys (Oil and Gas) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: Global: High Performance Alloys (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: Global: High Performance Alloys (Electrical and Electronics) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: Global: High Performance Alloys (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: Global: High Performance Alloys (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: Global: High Performance Alloys (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: North America: High Performance Alloys Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: North America: High Performance Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: United States: High Performance Alloys Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: United States: High Performance Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: Canada: High Performance Alloys Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: Canada: High Performance Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: Asia-Pacific: High Performance Alloys Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: Asia-Pacific: High Performance Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: China: High Performance Alloys Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: China: High Performance Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Japan: High Performance Alloys Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Japan: High Performance Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: India: High Performance Alloys Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: India: High Performance Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: South Korea: High Performance Alloys Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: South Korea: High Performance Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: Australia: High Performance Alloys Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: Australia: High Performance Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: Indonesia: High Performance Alloys Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: Indonesia: High Performance Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: Others: High Performance Alloys Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: Others: High Performance Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: Europe: High Performance Alloys Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: Europe: High Performance Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Germany: High Performance Alloys Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Germany: High Performance Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: France: High Performance Alloys Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: France: High Performance Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: United Kingdom: High Performance Alloys Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: United Kingdom: High Performance Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Italy: High Performance Alloys Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Italy: High Performance Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Spain: High Performance Alloys Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Spain: High Performance Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Russia: High Performance Alloys Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Russia: High Performance Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 74: Others: High Performance Alloys Market: Sales Value (in Million US$), 2018 & 2023
- Figure 75: Others: High Performance Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 76: Latin America: High Performance Alloys Market: Sales Value (in Million US$), 2018 & 2023
- Figure 77: Latin America: High Performance Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 78: Brazil: High Performance Alloys Market: Sales Value (in Million US$), 2018 & 2023
- Figure 79: Brazil: High Performance Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 80: Mexico: High Performance Alloys Market: Sales Value (in Million US$), 2018 & 2023
- Figure 81: Mexico: High Performance Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 82: Others: High Performance Alloys Market: Sales Value (in Million US$), 2018 & 2023
- Figure 83: Others: High Performance Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 84: Middle East and Africa: High Performance Alloys Market: Sales Value (in Million US$), 2018 & 2023
- Figure 85: Middle East and Africa: High Performance Alloys Market: Breakup by Country (in %), 2023
- Figure 86: Middle East and Africa: High Performance Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 87: Global: High Performance Alloys Industry: SWOT Analysis
- Figure 88: Global: High Performance Alloys Industry: Value Chain Analysis
- Figure 89: Global: High Performance Alloys Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: High Performance Alloys Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: High Performance Alloys Market Forecast: Breakup by Product (in Million US$), 2024-2032
- Table 3: Global: High Performance Alloys Market Forecast: Breakup by Material (in Million US$), 2024-2032
- Table 4: Global: High Performance Alloys Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 5: Global: High Performance Alloys Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Global: High Performance Alloys Market: Competitive Structure
- Table 7: Global: High Performance Alloys Market: Key Players
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