Nickel Niobium Market
Nickel Niobium Market Global Industry Assessment & Forecast
Segments Covered
- By Type NiNb63, NiNb65, NiNb60, Others
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 621.25 Million |
Revenue 2028: | 985 Million |
Revenue CAGR (2021 - 2028): | 3.1 |
Fastest Growing Region (2022 - 2028) | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
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- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
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Type Analysis: Preview
On the basis of Type, the market is segmented into NiNb63, NiNb65, NiNb60, Others. NiNb65 held the highest share in the global Nickel Niobium market and is projected to witness the same trend during the forecast period.
Nickel based superalloys, Special nickel steels, Others Analysis: Preview
Based on Nickel based superalloys, Special nickel steels, Others, the market is segmented into . Nickel based superalloys accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Analysis: Preview
Based on , the market is segmented into . dominates the global Nickel Niobium market and is expected to continue the same trend from 2021 to 2028.
Global Nickel Niobium Market: Type Segment Analysis
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- NiNb63
- NiNb65
- NiNb60
- Others
FAQ
Frequently Asked Question
What is the global demand for Nickel Niobium in terms of revenue?
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The global Nickel Niobium valued at 621.25 Million in 2020 and is expected to reach 985 Million in 2028 growing at a CAGR of 3.1%.
Which are the prominent players in the market?
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The prominent players in the market are Westbrook Resources, H.C. Starck, COMETAL S.A., BHN, AMG Superalloy, Metalink, KBM Affilips..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 3.1% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
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The driving factors of the Nickel Niobium include
- One factor that has been important in the development of niobium is its low capture cross-section for thermal neutrons in nuclear applications. For these applications, its favorable fabrication characteristics and high-temperature mechanical properties also have been an advantage.
- In addition to the use of niobium metal in electron tubes and in other electronic equipment, it is used as an alloying element in certain stainless steels, in special grades of low-alloy steels, and in certain nickel-base superalloys and iron-base electrical alloys.
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Nickel Niobium in 2020.