Refractory Metals Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030
Report Overview
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the Refractory Metals market including various factors related to and dependent influencing the market growth.
Refractory metals have one characteristic in common: an exceptionally high melting point. Tungsten, for example, melts at 3410oC (6170oF), which is more than double that of iron and ten times that of lead. As a group, they are found in one section of the periodic table of elements. Although there are twelve refractory metals, only five are widely used: Tungsten, Molybdenum, Niobium, Tantalum and Rhenium.
Refractory metals are unique. As a group they provide a number of unique characteristics – such as resistance to high heat, corrosion and wear – making them useful in a multitude of applications. Refractory metals are extracted from ore concentrates, processed into chemicals and then into powders. The powders are consolidated into finished products or mill shapes and ingots for further processing. In the past few years, the consumption of refractory metals in Southeast Asia has a large fluctuation. Xiamen Tungsten, CMOC, Molymet, H.C. Starck, A.L.M.T., Global Tungsten & Powders and JDC are major players in the global market. Xiamen Tungsten is a global market leader. In 2020, Xiamen Tungste has a market share of 23.65%.With its rich local mineral resources, the worlds leading manufacturers are located in China and South America.
Global Refractory Metals market size will increase to 1520 Million US$ by 2030, from 1320 Million US$ in 2020, at a CAGR of 1.8% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Refractory Metals.
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global Refractory Metals market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the Refractory Metals market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The Refractory Metals market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the Refractory Metals Market:
The major competitors working in the market are:
, Xiamen Tungsten, CMOC, Molymet, H.C. Starck, A.L.M.T., Global Tungsten & Powders, CBMM, Codelco, JDC, Rising Rare Metals EO-Materials, WOLFRAM Company JSC, Treibacher Industrie, Climax Molybdenum, Global Advanced Metals, Ningxia Orient Tantalum Industry, Rhenium Alloys, ATI
Market by Order Type
Molybdenum Metal
Tungsten Metal
Niobium Metal
Tantalum Metal
Rhenium Metal
Refractory Metals Data by Application
Steel Industry
Electronics and Electrical Industry
Carbide Tools and Wear Parts
Aerospace
Others
Refractory Metals Production Regions Covered in the Report are:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Rest of the World
The information about the Refractory Metals market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of Refractory Metals Market Report:
- To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
- To provide an in-depth analysis of the Refractory Metals market with information on various segment and sub-segments
- To provide a regional analysis and global analysis for the Refractory Metals market size and their forecasts
- To provide strategic profiles of the key players operating in the Refractory Metals market, their key competencies, and market competition
- To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
- The impact of COVID-19 pandemic on the Refractory Metals market
Target Audiences for Refractory Metals Market:
- Investors
- Investment Bankers
- Key Consulting Companies and Advisors
- Venture Capitalists
- Large, Medium-sized, and Small enterprises
Customization:
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