High Performance Alloys Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2012 To 2020

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High Performance Alloys Market Analysis, Market Size,
Application Analysis, Regional Outlook, Competitive
Strategies And Forecasts, 2012 To 2020
Industry Insights
High performance alloys market has been witnessing strong growth over the last few years on account
of increasing application in major end-use industries including aerospace, gas turbines, electronics and
oil & gas. High performance alloys have ability to sustain high temperature. Increasing high thermal
resistant materials demand in aerospace industry is anticipated to fuel the market growth over the next
six years.
High performance alloys demand is growing on account of its superior mechanical and chemical
properties including high tensile strength, inertness towards alkaline and resistance to heat & corrosion.
Increasing application scope of high performance alloys in gas turbines is anticipated to complement the
market growth in near future.
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In addition, high performance alloys are used in wind turbines owing to their high strength and design
flexibility. Growing wind energy industry owing to meet the required energy demand is likely to drive
the global high performance alloy market over the foreseeable period.
Product Insights
Non ferrous alloys have been witnessing strong growth over the last few years on account of increasing
demand from aerospace and gas turbines industry. Titanium and nickel which come under non-ferrous
alloys are used in the main gear box assembly of helicopter due to their high tensile strength and
modulus. However, volatile price of titanium alloys is expected to hamper the market growth in near
future.
Refractory alloys are mainly used in applications where material with high thermal stability is required.
Increasing demand for high thermal stability materials in major end-use industries including oil & gas
and power generation is anticipated to boost the demand for high performance alloys over the forecast
period.
Platinum group metal (PGM) alloys such as Ruthenium, Rhodium, Palladium, Osmium, Iridium and
Platinum have multitude applications in automotive, jewelers, catalysis process, glass fiber production
and laboratory crucibles. These applications of PGM alloys are expected to fuel the market growth over
the forecast period.
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Application Insights
Aerospace industry has been the dominating application segment of high performance alloys over the
last few years, and the trend is expected to continue over the forecast period. Growing aviation industry
coupled with increasing R&D activities is likely to impact the market growth positively over the next few
years. Gas turbines industry is the second major application segment of high performance alloys
followed by automotive. Power generation and oil & gas industry has been witnessing significant growth
over the last few years.
Regional Insights
North America has been the largest regional market segment of high performance alloys over the past
few years, and the trend is expected to continue over the forecast period. Owing to rapid growth in
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aerospace industry in this region, demand for high performance alloys is expected to witness significant
growth over the next six years. Europe was the second largest market followed by Asia Pacific.
Increasing gas turbines demand coupled with growing power generation sector in Europe is anticipated
to complement the market growth over the forecast period. Furthermore, growing automobiles market
in Europe is likely to boost the high performance market demand over the foreseeable period. In Asia
Pacific, growing energy demand coupled with rapid industrialization is expected to fuel the market
growth over the next six years.
Competitive Insights
Increasing application scope of high performance alloys in various end-use industries including
automotive, gas turbines, aerospace and niche application like chemical and medical sector is
anticipated to open opportunities for new entrants as well as existing market players. Key players in this
market include Carpenter Technology Corporation, Allegheny Technologies Inc, Aperam S.A. and RTI
international metals.
Table of Contents
Chapter 1 Executive Summary
1.1 High Performance Alloys - Industry Summary & Critical Success Factors (CSFs)
Chapter 2 High Performance Alloys Industry Outlook
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 High Performance Alloys Value Chain Analysis
2.4 High Performance Alloys Market Dynamics
2.5 Key Opportunities Prioritized
2.6 Industry Analysis - Porter's
2.7 High Performance Alloys - Company Market Share Analysis, 2013
2.8 High Performance Alloys - PESTEL Analysis
Chapter 3 High Performance Alloys Product Outlook
3.1 Global high performance alloys market share by product, 2013 & 2020
3.2 Non-ferrous Alloys
3.3 Platinum Group Alloys
3.4 Refractory Alloys
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3.5 Superalloys
Chapter 4 High Performance Alloys Application Outlook
4.1 Global high performance alloys market share by application, 2013 & 2020
4.2 Aerospace
4.3 Automotives
4 .4 Industrial gas turbines
4.5 Industrial
4.6 Oil & gas
4.7 Electronics
4.8 Others
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Chapter 5 High Performance Alloys Regional Outlook
5.1 Global high performance alloys market share by region, 2013 & 2020
5.2 North America
5.3 Europe
5.4 Asia Pacific
5.5 RoW
Chapter 6 Competitive Landscape
6.1 ThyssenKrupp AG
6.2 Allegheny Technologies Limited
6.3 Carpenter Technology Corporation
6.4 Aperam S.A.
6.5 Haynes International, Inc.
6.6 Outokumpu Oyj
6.7 Verkhnesaldinskoye Metallurgicheskoe Proizvodstvennoe Obyedinenie
6.8 RTI International Metals Inc
Chapter 7 Methodology & Scope
7.1 Research Methodology
7.2 Research Scope & Assumptions
7.3 List of Data Sources
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High performance alloys market has been witnessing strong growth over the last few years on account of increasing application in major end-use industries including aerospace, gas turbines, electronics and oil & gas.