Niobium Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
23213 | Date :
Jan, 2023 | Pages :
180 | Region : Global |
Publisher : RI
Niobium is a chemical element with symbol Nb and atomic number 41. Niobium is a rare, soft, malleable, ductile, gray-white metal. It has a body-centered cubic crystalline structure and in its physical and chemical properties it resembles tantalum. It must be placed in a protective atmosphere when processed at even moderate temperatures because it tends to react with oxygen, carbon, the halogens, nitrogen, and sulfur. The metal is inert to acids, even to aqua regia at room temperatures, but is attacked by hot, concentrated acids, and expecially by alkalis and oxidizing agents.
Niobium is a rare, soft, malleable, ductile, gray-white metal. The types of Niobium mainly include Ferroniobium, Niobium oxide and Niobium metal. Ferroniobium accounts for about 93% in the Niobium market in 2015. And Niobium Oxide accounts for about 4%. The applications of Niobium are automotive steel, pipeline steels, structure steels, stainless steels and other. The largest application of Niobium is structure steels, its sales is about 19000 MT in 2015 and account for 34% in the total Niobium market.
In the world wide, the plants of major manufactures mainly distribute in Brazil and Canada. The plants of CBMM and Anglo American are located in Brazil. The plant of Niobec is located in Canada. CBMM is the largest producer of Niobium in the world. Its sales volume is about 43811 MT in 2015 and accounts for about 80% in the total market. The sales volume of Niobec is about 5845 MT in 2015.The sales volume of Anglo American is about 5123 MT in 2015.
Europe is the largest consumer of Niobium. In 2015, the consumption of Niobium is about 16628 MT in Europe; its proportion of total global consumption exceeds 30%. China is the second largest consumer of Niobium and its consumption is about 14846 MT. China has witnessed a major chunk of the consumption of Niobium in the Asia region.
Because the major plants are located in Brazil and Canada, the production of Niobium mainly comes from Brazil and Canada. The global production of Niobium is about 55000 MT in 2015. Brazil's production accounts for 88% of global production. The production in Canada is 6000 MT in 2015 and its proportion is 10%.
The Global Niobium Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Niobium Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
CMBB
Niobec
Anglo American In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Ferroniobium
Niobium Oxide
Niobium Metal In Market segmentation by applications :
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Niobium Market for the forecast period 2023 - 2030?
• What are the driving forces in the Niobium Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Niobium industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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