Market Research Future Published a Half-Cooked Research Report on Global Superalloys Market - Forecast to 2025
North America accounted for the largest market share in 2017 owing to rise in application of superalloy in aerospace engine. Increase in number of aircrafts due to rise in air travel has propelled market growth. Further, high private sector investment in aerospace industry to meet the growing demand for air travel coupled with superior properties of Superalloys is expected to favor Global Superalloy Market Growth.
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Asia-Pacific is projected to witness phenomenal growth during the forecast period owing to increase in demand for Superalloy in automotive and chemical industries. Electrical vehicle market is flourishing in countries such as China, India and Japan thus application of Superalloys in electric vehicles turbocharger is expected to fuel market demand during the forecast period.
The Key Players in the Global Superalloys Market are Special Metal (U.S.), ATI (U.S.), Aperam (Luxemburg), Haynes International, Ltd. (U.S.), Carpenter Technology Corporation (U.S.), VDM Metals GmbH (U.S.), AMG Advanced Metallurgical Group (Netherlands), UNIVERSAL STAINLESS (U.S.), Supreme Engineering Ltd. (India), thyssenkrupp AG (Germany), Arconic (U.S.), TI STEELS PRIVATE LIMITED (India), BALAJI SUPER ALLOYS (India), AcmeCast (India), and Doncasters Group Ltd (UK).
The Global Superalloys Market has been categorized into Products, End-Use Industries and Region.
On the basis of Product, the Global Superalloys Market has been segmented into as cobalt, nickel and iron. Cobalt is growing with significant CAGR owing to rise in demand for cobalt based superalloy in combustion chamber of gas turbines. Nickel based Superalloys are dominating the segment majorly used for aerospace application.
Automotive End-Use Industry is expected to witness phenomenal growth during the forecast period owing to recent development in nickel-based Superalloys for applications in the automotive engine and exhaust sections. Further, Superalloys application in aerospace gas turbines engine parts are driving segmental growth during the forecast period.
Browse Key Industry Insights spread across 174 pages with 185 market data tables & 24 figures & charts from the report, “Superalloys Market Information: By Product (Nickel-Based, Cobalt-Based and Iron-Based), Application (Aerospace & Defense, Energy, Industrial Gas Turbine, Automotive, Oil & Gas) and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast 2025” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/superalloys-market-7472
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