Global High Performance Alloys Market

1
Global High Performance Alloys Market was valued
US 7.3Bn in 2017 and is expected to reach US
11.3Bn by 2026 at a CAGR of 5.6.
Global High Performance Alloys Market
The objective of the report is to present a
comprehensive assessment of the market and
contains thoughtful insights, facts, historical
data, industry-validated market data and
projections with a suitable set of assumptions
and methodology. The report also helps in
understanding the global high performance alloys
market dynamics, structure by identifying and
analysing the market segments and project the
global market size. Further, the report also
focuses on the competitive analysis of key
players by product, price, financial position,
product portfolio, growth strategies, and
regional presence. The report also provides PEST
analysis, PORTERs analysis, and SWOT analysis to
address questions of shareholders to
prioritizing the efforts and investment in the
near future to the emerging segment in the
global high performance alloys market.
Growing global population, changing consumer
preferences, development in economy, consumer
awareness, and urbanization are some other
factors that are driving the high performance
alloys market globally. Technological
advancement and an increased level of production
leading to achieving economies of scale have
enabled the use of high performance in a wide
range of applications. However, factors such as
the high costs involved in the manufacture of
high performance alloys over conventional alloys
are expected to challenge the market's growth.
But, development of lightweight, high strength,
and high-performance alloys are anticipated to
benefit the growth of high performance alloys
market.
2
The aerospace industry is the largest end-user
segment for high-performance alloys, which is
almost half of the total global demand. Military
aerospace industry consumes the largest part of
the important strategic materials that are used
in commercial aerospace. Inconel 718
(Nickel-based) superalloy is the most
extensively used high-performance alloy.
Wrought alloy accounted for the largest share of
65 of the high performance alloys market in
2017. Cast alloy is expected to be the
fastest-growing alloy type from 2018 to 2026.
Wrought alloys hold low percentages of elements,
that is, alloying elements total less than about
4 pct. Casting alloys contain the same elements
as wrought, but in greater amounts such as the
silicon content in cast alloys can range up to
22 pct.
Region-wise, The Asia-Pacific region is
anticipated to dominate the global high
performance alloys market during the forecast
period, because of the increasing demand from the
end-user industries, such as automotive,
aerospace defence, and energy power. China,
Japan, India, and South Korea are the main
contributors in the Asia-Pacific region.
Currently, AUSTRALIA-INDIA strategic research
fund has supported a major collaboration into
high performance alloys, which will position
India and Australia to be more active in the
high performance alloy market. For More
Information Visit https//www.maximizemarketresea
rch.com/market-report/global-high-
performance-alloys-market/26091/
The scope of Global High Performance Alloys Market
Global High Performance Alloys Market, by Alloy
type

• Wrought alloy
• Cast alloy
• Global High Performance Alloys Market, by Product
  type

• Non-ferrous alloys

3

• Refractory alloys
• Global High Performance Alloys Market, by
  Alloying element

• Aluminium
• Titanium
• Magnesium
• Global High Performance Alloys Market, by
  Application

• Aerospace
• Industrial
• Automotive
• Oil gas
• Electronics electrical
• Global High Performance Alloys Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• Key players operating in Global High Performance
  Alloys Market

• Alcoa Inc.
• Precision Castparts Corp.
• Outokumpu

4

• Hitachi Metals Ltd.
• Aperam SA
• Allegheny Technologies Incorporated
• Carpenter Technology
• Haynes International Inc.
• Timken Company
• VSMPO-Avisma Corporation
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