The global High-Performance Alloys market was valued at USD xx million in 2016, USD xx million in 2018, and is forecasted to reach USD xx million by 2025, with a CAGR of xx% during the forecasting period (2018-2025).
The market is impacted by several factors such as increasing demand for high-performance materials in aerospace, automotive, and defense industry, advancement in technology and economies of scale and growing use of the product in industrial gas turbines and other gas turbines used in power generation, increasing government expenditure particularly in developing economies to restart gas-based power plants is expected to have a positive impact growth.
Challenges faced by High-Performance Alloys during manufacturing process:
During manufacturing processes, high-performance alloys face certain challenges. They generate heat during machining and this accumulated high temperature interferes with the cutting process of the alloys, causing them to be damaged or deformed. Furthermore, the shapes of parts of high-performance alloys make them difficult to be held securely for machining and increasing the cost of high-performance alloys due to cost involved in finishing operations and the floor space required for machining led to switch to conventional alloys.
Based on the material type, the global high-performance alloy market is segmented such as titanium, aluminum, magnesium, and others. Aluminum high-performance alloys segment is expected to be the fastest growing segment followed by titanium due to increasing use in manufacturing parts used in aircraft and automotive industry and increasing substitution of steel with titanium-based high-performance alloys in the automotive industry due to significant weight reduction. In addition, because of ability to withstand high-temperature and high-pressure conditions, the demand for titanium and aluminum-based alloys is increasing in & gas exploration activities.
By Product type, the market is segmented into Non-Ferrous Alloys, Platinum Group Alloys, Refractory Metal Alloys and Super Alloys. Non-ferrous alloy occupies the largest market share, accounting for over 50% of the volume share in 2015 followed by Superalloys due to increasing demand for high-performance alloys with superior resistance to corrosion, mechanical strength and lightweight properties in aerospace and automotive industry. Superalloys are also used in other applications such as aircraft, gas turbines, chemical and petroleum plants, and rocket engines.
The market is segmented by application into automotive, aerospace, industrial gas turbines, industrial, electronics & electrical and oil & gas. Aerospace has the largest market segment more than 50% of share due to increasing demand of high-performance materials in aircraft and rocket engines owing to properties such as high strength, reliability and low weight of the materials. In addition, because of excellent heat resistance properties, the use of high-performance materials in the outer bodies of satellite carrier vehicles is increasing.
High-Performance Alloys Market
The report covers the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles. Geographically, the market is segmented into North America, South America, Europe, Asia Pacific and RoW.
The report profiles the following companies, which includes Alcoa Inc., Precision Castparts Corp., Outokumpu, Hitachi Metals Ltd., Aperam SA, Allegheny Technologies Incorporated, Carpenter Technology, Haynes International Inc., Timken Company, VSMPO-Avisma Corporation, ThyssenKrupp AG, and RTI International Metals.
Why purchase the report?
Visualize the composition of the High-Performance Alloys in the market across each indication, in terms of type and applications, highlighting the key commercial assets and players.
Identify commercial opportunities in High-Performance Alloys by analyzing trends and co-development deals.
Excel data sheet with thousands of data points of the High-Performance Alloys market – level 4/5 segmentation.
PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
Product mapping in excel for the key High-Performance Alloys products of all major market players.
Raw Material Suppliers/ Buyers
Product Suppliers/ Buyers
Industry Investors/Investment Bankers
Education & Research Institutes
Chapter 1: Table of Contents
Chapter 2: Executive Summary
Chapter 3: Methodology and Scope
3.1 Research Methodology
3.2 Scope of the Report
Chapter 4: High-Performance Alloys Market- Headlines & Trends
4.2 Key Trends & Developments
Chapter 5: High-Performance Alloys – Industry Analysis
5.1 Industry Impact Factors (Drivers & Restraints)
5.2 Porter 5 Forces
5.3 Regulatory Analysis
Chapter 6: High-Performance Alloys – Market Segmentation Analysis
6.2 By Product
6.2.1 Non- Ferrous Alloys
6.2.2 Platinum Group Alloys
6.2.3 Refractory Metal Alloys
6.2.4 Super Alloys
6.3 By Application
6.3.3 Industrial Gas Turbines
6.3.5 Electronics & Electrical
6.3.6 Oil & Gas
6.4 By Region
6.4.1. North America
184.108.40.206 The USA
220.127.116.11 The UK
18.104.22.168 Rest of Europe
6.4.3 Asia Pacific
22.214.171.124 Rest of Asia Pacific
6.4.4 Middle East and Africa
6.4.5 South America
126.96.36.199 Rest of South America
Chapter 7: High-Performance Alloys Market – Competitive Landscape
7.1 Market Share Analysis
7.2 Price Trend Analysis
7.3 Key Strategies adopted by Manufacturers
7.4 Product Benchmarking
Chapter 8: Company Profiles
8.1 Alcoa Inc.
8.2 Precision Catparts corp.
8.4 Hitachi Metals Ltd.
8.6 Allegheny Technologies Incorp.
8.7 Carpenter Technology
8.8 Haynes International Inc.
8.9 VSMPO-Avisma corp.
8.10 ThyssenKrupp AG
8.11 RTI International Metals
Chapter 9: High-Performance Alloys Market – Appendix
9.2 List of Tables
9.3 Expert Panel Validation
9.5 Contact Us