High Performance Alloys - Global Strategic Business Report

Report
580 Pages
March 2024
Region: Global
Global Industry Analysts, Inc
ID: 347935

The global market for High Performance Alloys is estimated at US$8.4 Billion in 2023 and is projected to reach US$11.3 Billion by 2030, growing at a CAGR of 3.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

Market Growth: Understand the significant growth trajectory of the Non-Ferrous Metal Alloys segment, which is expected to reach US$6 Billion by 2030 with a CAGR of 4.3%. The Super Alloys segment is also set to grow at 3.5% CAGR over the next 8 years.
Regional Analysis: Gain insights into the U.S. market, estimated at $2.1 Billion in 2023, and China, forecasted to grow at an impressive 4.9% CAGR to reach $2.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

Detailed Market Analysis: Access a thorough analysis of the Global High Performance Alloys Market, covering all major geographic regions and market segments.
Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global High Performance Alloys Market.
Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

How is the Global High Performance Alloys Market expected to evolve by 2030?
What are the main drivers and restraints affecting the market?
Which market segments will grow the most over the forecast period?
How will market shares for different regions and segments change by 2030?
Who are the leading players in the market, and what are their prospects?

Report Features:

Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Company Profiles: Coverage of major players such as Allegheny Technologies Incorporated, AMG Advanced Metallurgical Group N.V., Aperam SA, and more.
Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 126 Featured):

Allegheny Technologies Incorporated
AMG Advanced Metallurgical Group N.V.
Aperam SA
Carpenter Technology Corporation
Constellium SE
Doncasters Group Limited
ERAMET S.A.
Fort Wayne Metals Research Products, LLC
Glencore Plc
H.C. Starck GmbH
Haynes International, Inc.
High Performance Alloys, Inc.
Howmet Aerospace Inc.
Metallurgical Plant Electrostal, JSC
Nippon Yakin Kogyo Co., Ltd.
Precision Castparts Corp.
Proterial, Ltd.
Sandvik AB
Special Metals Corporation
TimkenSteel Corporation
Universal Stainless & Alloys Inc.
VDM Metals GmbH
VSMPO-AVISMA Corporation

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Focus on Developing & Embracing New Materials Provides the Foundation for the Growth of High Performance Alloys
Growing R&D Spending on New Material Development & Innovation Provides a Platform for Expanding Use of High Performance Alloys: Global R&D Spending on Advanced Materials and Chemicals (In US$ Billion) for Years 2023, 2025, 2027 and 2029
Alloying is the Basis of Innovation in Metals Engineering
Here’s Why High Performance Alloys (HPAs) are the Advanced Materials of Choice
Global Economic Update
Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
Global Inflation Rates (In %) for the Years 2019 Through 2024
World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
Inflation Battling Policy Measures to Slowdown Post Pandemic Recovery in Unemployment Rates: Global Number of Unemployed People (In Million) for Years 2019 Through 2024
Competition
High Performance Alloys - Global Key Competitors Percentage Market Share in 2023 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
High Performance Alloys: Types, Applications & Emerging Market Directions
Recent Market Activity
Innovations

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

HPA Prices Trends as Global Metal Commodity Supplies Improve
Declining Metal Prices to Result in Parallel Easing in HPA Pricing: Global Base Metal Prices (In US$ Per Dry Metric (DMTU) for Years 2019 Through 2024
Rise of Lightweighting as a Part of the Long-Term Manufacturing Strategy to Benefit HPA Demand
HPAs Find Expanded Opportunity in the Robustly Growing Lightweight Materials Market: Global Market for Lightweight Materials (In US$ Billion) for Years 2023, 2025, 2027, 2029, and 2031
Encouraging Outlook for Automobile Production Despite Disruptions, Bodes Well for Growth of Automotive Alloys
Encouraging Recovery in Automobile Production, Notwithstanding the Many Challenges, Brightens Market Prospects for Automotive Alloys: Global Light Vehicle Production (In Million Units) for Years 2019 Through 2025
Expanding Industrial Applications for Titanium Based Alloys Bodes Well for Growth
Global Titanium Market by End-use Sector (2023): Percentage Breakdown of Volume Consumption for Aerospace& Defense, Industrial, and Others
Here’s Why Nickel Alloys Hold Stronger Potential for Long-Term Growth
High Entropy Alloys (HEAs), Nanocrystalline Alloys & Al-Li Alloys Hit the Spotlight
Robust Demand for Medical Devices Spurs Parallel Opportunities for HPAs in Medical Devices Manufacturing
Robust Outlook for Medical Devices Expands the Addressable Market Opportunity for HPAs in Medical Device Manufacturing: Global Market for Medical Devices (In US$ Billion) for Years 2023, 2025, 2027, 2029 and 2031
Newer Applications to Drive Gains Over the Long-Term
Investments in Upgrading Creaking Energy Infrastructure to Drive Demand for HPAs in Industrial Gas Turbines (IGT)
AI Enables Faster & More Efficient Development of Alloys. Here’s How
Opportunities Abound in the Oil & Gas Industry
Rising Energy Demand to Benefit HPAs in the Oil & Gas End-Use Application Sector: Global Energy Consumption (In Exajoule) for Years 2025, 2030, 2035, 2040, 2045 and 2050
As Oil & Gas Investment Needs Rise, the Increase in Upstream Capital Spending by Global Oil Producers to Benefit All in the Value Chain Including HPA Solutions: Global Upstream CAPEX by Oil Producers (In US$ Billion) for Years 2023, 2025, 2027, 2029 and 2031
Shape Memory Alloys Show Immense Promise for Robust Growth
Recent Progress & Perspectives on Additive Manufacturing/3D Printing of Alloys
In Focus- Titanium-Aluminides Alloys
Innovation in High Performance Alloys Remains Crucial for Sustained Growth
CNC Machining Services for Alloys Grows in Prominence
Sustainability Takes Center Stage
As Emissions Continue to Rise, the Pressure to Implement Green Alloy Strategies & Move Towards a Circular Economy Gets Stronger: Global CO2 Emissions (In Billion Metric Tons) for Years 1930, 1940, 1950, 1960, 1970, 1980, 1990, 2000, 2010, 2020, 2021, 2022 & 2023

4. GLOBAL MARKET PERSPECTIVE

Table 1: World High Performance Alloys Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
Table 2: World Recent Past, Current & Future Analysis for High Performance Alloys by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 3: World Historic Review for High Performance Alloys by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
Table 4: World 16-Year Perspective for High Performance Alloys by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2014, 2024 & 2030
Table 5: World Recent Past, Current & Future Analysis for Non-Ferrous Metal by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 6: World Historic Review for Non-Ferrous Metal by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
Table 7: World 16-Year Perspective for Non-Ferrous Metal by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
Table 8: World Recent Past, Current & Future Analysis for Super Alloys by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 9: World Historic Review for Super Alloys by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
Table 10: World 16-Year Perspective for Super Alloys by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
Table 11: World Recent Past, Current & Future Analysis for Refractory by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 12: World Historic Review for Refractory by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
Table 13: World 16-Year Perspective for Refractory by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
Table 14: World Recent Past, Current & Future Analysis for Platinum Group by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 15: World Historic Review for Platinum Group by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
Table 16: World 16-Year Perspective for Platinum Group by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
Table 17: World Recent Past, Current & Future Analysis for Wrought Alloy by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 18: World Historic Review for Wrought Alloy by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
Table 19: World 16-Year Perspective for Wrought Alloy by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
Table 20: World Recent Past, Current & Future Analysis for Cast Alloy by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 21: World Historic Review for Cast Alloy by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
Table 22: World 16-Year Perspective for Cast Alloy by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
Table 23: World Recent Past, Current & Future Analysis for Aerospace by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 24: World Historic Review for Aerospace by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
Table 25: World 16-Year Perspective for Aerospace by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
Table 26: World Recent Past, Current & Future Analysis for Industrial Gas Turbine by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 27: World Historic Review for Industrial Gas Turbine by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
Table 28: World 16-Year Perspective for Industrial Gas Turbine by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
Table 29: World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 30: World Historic Review for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
Table 31: World 16-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
Table 32: World Recent Past, Current & Future Analysis for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 33: World Historic Review for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
Table 34: World 16-Year Perspective for Oil & Gas by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
Table 35: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 36: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
Table 37: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030

III. MARKET ANALYSIS

UNITED STATES

High Performance Alloys Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)

CANADAJAPANCHINA

EUROPE

High Performance Alloys Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)

FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE

ASIA-PACIFIC

High Performance Alloys Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)

LATIN AMERICAREST OF WORLDIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Allegheny Technologies Incorporated
AMG Advanced Metallurgical Group N.V.
Aperam SA
Carpenter Technology Corporation
Constellium SE
Doncasters Group Limited
ERAMET S.A.
Fort Wayne Metals Research Products, LLC
Glencore Plc
H.C. Starck GmbH
Haynes International, Inc.
High Performance Alloys, Inc.
Howmet Aerospace Inc.
Metallurgical Plant Electrostal, JSC
Nippon Yakin Kogyo Co., Ltd.
Precision Castparts Corp.
Proterial, Ltd.
Sandvik AB
Special Metals Corporation
TimkenSteel Corporation
Universal Stainless & Alloys Inc.
VDM Metals GmbH
VSMPO-AVISMA Corporation

Table Information

Report Attribute	Details
No. of Pages	580
Published	March 2024
Forecast Period	2023 - 2030
Estimated Market Value ( USD ) in 2023	$ 8.4 Billion
Forecasted Market Value ( USD ) by 2030	$ 11.3 Billion
Compound Annual Growth Rate	4.3%
Regions Covered	Global

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Key Insights:

Why You Should Buy This Report:

Key Questions Answered:

Report Features:

Select Competitors (Total 126 Featured):

MarketGlass Platform

Table of Contents

Companies Mentioned (Partial List)

Table Information

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