Market Analysis and Insights: Global High Performance Alloys Market
High performance alloys is an alloy that exhibits several key characteristics: excellent mechanical strength, resistance to thermal creep deformation, good surface stability and resistance to corrosion or oxidation. The crystal structure is typically face-centered cubic austenitic. Examples of such alloys are Hastelloy, Inconel, Waspaloy, Rene alloys, Haynes alloys, Incoloy, MP98T, TMS alloys, and CMSX single crystal alloys.
Due to the COVID-19 pandemic, the global High Performance Alloys market size is estimated to be worth US$ 24330 million in 2022 and is forecast to a readjusted size of US$ 27610 million by 2029 with a CAGR of 1.8% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Superalloy accounting for % of the High Performance Alloys global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Aerospace segment is altered to an % CAGR throughout this forecast period.
The top three global producers of high-performance alloys are Precision Castparts Corporation, Alcoa, and Allegheny Technologies Limited, with a combined market share of approximately 45%. America is the largest consumption country, with a consumption market share nearly 32%.
Global High Performance Alloys Scope and Market Size
The global High Performance Alloys market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global High Performance Alloys market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Superalloy
Corrosion-resistant
Electronic
Wear-resistant
Others
Segment by Application
Aerospace
IGT (Electricity)
IGT (Mechanical)
Industrial
Automotive
Oil & Gas
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Precision Castparts Corporation
Allegheny Technologies Limited
ThyssenKrupp
Alcoa
Carpenter Technology Corporation
Aperam
Haynes International
Eramet Group
AMG
Sumitomo Metal Industries
VSMPO
Nippon Yakin Kogyo
High Performance Alloys
Hitachi Metals
Olin Brass
QuesTek Innovations
Doncasters Group
Boway
BAO TI GROUP
Fushun Special Steel
AT&M
ANSTEEL
CATC
High performance alloys is an alloy that exhibits several key characteristics: excellent mechanical strength, resistance to thermal creep deformation, good surface stability and resistance to corrosion or oxidation. The crystal structure is typically face-centered cubic austenitic. Examples of such alloys are Hastelloy, Inconel, Waspaloy, Rene alloys, Haynes alloys, Incoloy, MP98T, TMS alloys, and CMSX single crystal alloys.
Due to the COVID-19 pandemic, the global High Performance Alloys market size is estimated to be worth US$ 24330 million in 2022 and is forecast to a readjusted size of US$ 27610 million by 2029 with a CAGR of 1.8% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Superalloy accounting for % of the High Performance Alloys global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Aerospace segment is altered to an % CAGR throughout this forecast period.
The top three global producers of high-performance alloys are Precision Castparts Corporation, Alcoa, and Allegheny Technologies Limited, with a combined market share of approximately 45%. America is the largest consumption country, with a consumption market share nearly 32%.
Global High Performance Alloys Scope and Market Size
The global High Performance Alloys market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global High Performance Alloys market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Superalloy
Corrosion-resistant
Electronic
Wear-resistant
Others
Segment by Application
Aerospace
IGT (Electricity)
IGT (Mechanical)
Industrial
Automotive
Oil & Gas
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Precision Castparts Corporation
Allegheny Technologies Limited
ThyssenKrupp
Alcoa
Carpenter Technology Corporation
Aperam
Haynes International
Eramet Group
AMG
Sumitomo Metal Industries
VSMPO
Nippon Yakin Kogyo
High Performance Alloys
Hitachi Metals
Olin Brass
QuesTek Innovations
Doncasters Group
Boway
BAO TI GROUP
Fushun Special Steel
AT&M
ANSTEEL
CATC
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