Niobium is used as an additive in nickel-, iron- or cobalt-based superalloys. It not only has a high melting point of 2468°C, but is also resistant to corrosion and oxidation.

Market Analysis and Insights: Global Nickel Niobium Market

Due to the COVID-19 pandemic, the global Nickel Niobium market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Nickel Niobium 60% accounting for % of the Nickel Niobium global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Nickel-based Superalloys segment is altered to an % CAGR throughout this forecast period.

In United States, the south is the largest market with about 57% market share. The west is follower, accounting for about 20% market share.

The key players are H.C. Starck, COMETAL, S.A, KBM Affilips, Westbrook Resources, AMG Superalloy, Metalink, Reading Alloys Inc, Kennametal Inc etc. Top 3 companies occupied about 49% market share.

Global Nickel Niobium Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Nickel Niobium Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.


Segment by Type


Nickel Niobium 60%

Nickel Niobium 65%

Others


Segment by Application


Nickel-based Superalloys

Special Nickel Steels

Others


By Company


H.C. Starck

COMETAL, S.A

KBM Affilips

Westbrook Resources

AMG Superalloy

Metalink

Reading Alloys Inc

Kennametal Inc


Production by Region



North America

Europe

China


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Indonesia

Thailand

Malaysia

Philippines

Vietnam

Latin America

Mexico

Brazil

Argentina