Pre-order Enquiry
Request Free Sample
Healthcare
Aerospace & Defence
Agriculture
Automations
Chemicals & Advanced Materials
Food & Beverages
Information & Communication Technology
Oil & Gas
Power & Energy
A superalloy, or high-performance alloy, 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.
Owing to these attributes, superalloys are widely adopted in gas turbine, oil & gas equipment, aerospace, and others, thus fueling the market growth. The base alloying element used for superalloys are nickel, cobalt, and iron. These alloys facilitate improved operating efficiency and reduce environmental emissions. Presently, there is an increased usage of superalloys owing to the increase in need for high-strength materials that can withstand high temperature and resist creeping in aerospace and aircraft applications. The growth of the market is further driven by increase in adoption of superalloys in aerospace and power industries. However, high cost of these alloying metals is expected to hamper the growth of the market.
Market Analysis and Insights: Global Superalloys Market
The global Superalloys market was valued at US$ 11870 in 2020 and will reach US$ 16460 million by the end of 2027, growing at a CAGR of 5.6% during 2022-2027.
Global Superalloys Scope and Market Size
The global Superalloys market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Superalloys 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), by Type and by Application for the period 2016-2027.
Segment by Type
Nickel Based
Nickel-Iron Based
Cobalt-Based
Segment by Application
Aerospace
IGT
Industrial
The Superalloys market is analysed and market size information is provided by regions (countries). Segment by Application, the Superalloys market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Aubert & Duva
Precision Castparts Corp
VSMPO-AVISMA
Advanced Metallurgical Group
SuperAlloy Industrial Company
Doncasters
Owing to these attributes, superalloys are widely adopted in gas turbine, oil & gas equipment, aerospace, and others, thus fueling the market growth. The base alloying element used for superalloys are nickel, cobalt, and iron. These alloys facilitate improved operating efficiency and reduce environmental emissions. Presently, there is an increased usage of superalloys owing to the increase in need for high-strength materials that can withstand high temperature and resist creeping in aerospace and aircraft applications. The growth of the market is further driven by increase in adoption of superalloys in aerospace and power industries. However, high cost of these alloying metals is expected to hamper the growth of the market.
Market Analysis and Insights: Global Superalloys Market
The global Superalloys market was valued at US$ 11870 in 2020 and will reach US$ 16460 million by the end of 2027, growing at a CAGR of 5.6% during 2022-2027.
Global Superalloys Scope and Market Size
The global Superalloys market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Superalloys 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), by Type and by Application for the period 2016-2027.
Segment by Type
Nickel Based
Nickel-Iron Based
Cobalt-Based
Segment by Application
Aerospace
IGT
Industrial
The Superalloys market is analysed and market size information is provided by regions (countries). Segment by Application, the Superalloys market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Aubert & Duva
Precision Castparts Corp
VSMPO-AVISMA
Advanced Metallurgical Group
SuperAlloy Industrial Company
Doncasters
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
