High Performance Alloys Global Market Report 2022: Demand from Automotive and Electronics Industries Fuels Sector – ResearchAndMarkets.com

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The global high performance alloys market is projected to grow from $9.01 billion in 2021 to $9.51 billion in 2022, at a compound annual growth rate (CAGR) of 5.6%. The market is expected to grow to $12.01 billion in 2026 with a CAGR of 6.0%.

Asia-Pacific was the largest region for the high performance alloys market in 2021. Regions covered in this high performance alloy market report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Increasing demand from end-user industries is expected to drive the growth of the high performance alloys market in the coming years. High-performance alloys are used in various end-user industries such as automotive, electrical, and electronics for a variety of purposes, including improved mechanical strength, improved corrosion and oxidation resistance, and improved thermal creep resistance. increase. As a result, increasing demand for high performance alloys from end-user industries will also increase the demand for high performance alloys market.

For example, in 2021, the Belgian-based automotive industry lobbying and standards body, the European Automobile Manufacturers Association, estimates that 79.1 million cars will be produced worldwide, an increase of 1.3% compared to 2020. said. According to the Japan Electronics and Information Technology Industries Association, Japan’s net electronics production has increased from 103.6% in 2021 to 110.8% in 2022. Therefore, increasing demand from the end-user industry is driving the high performance alloys market.

Technological advancement is a key trend gaining popularity in the high performance alloy market. The major players operating in the high performance alloys market are focusing on developing new technological solutions to strengthen their position.

For example, in January 2022, UK-based manufacturer of high-performance alloys, Alloy Wire International (AWI), launched the high-performance alloy INCONEL: 617, a chromium-cobalt-molybdenum alloy aluminum for a variety of applications. did. This new alloy retains the high temperature corrosion resistance of Inconel alloy 601 while offering unique features such as a combination of increased strength and stability at elevated temperatures up to 1,100. Due to the high nickel and chromium content, the alloy can withstand various reducing and oxidizing media.

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Target market:

1) By type of alloy: Wrought alloy; Cast alloy

2) By Material: Aluminum; Titanium; Magnesium; Other Materials

3) By Application: Aerospace; Industrial Gas Turbine; Industrial; Automotive; Oil and Gas;

Main topics:

1.executive summary

2. Characteristics of high-performance alloy market

3. High performance alloy market trends and strategies

4. High Performance Alloy Market – Macroeconomic Scenario

5. Market size and growth of high-performance alloys

6. High Performance Alloy Market Segmentation

7. Regional and Country Analysis of High Performance Alloys Market

8. Asia Pacific High Performance Alloy Market

9. China’s high-performance alloy market

10. Indian High Performance Alloy Market

11. Japanese high-performance alloy market

12. Australian High Performance Alloy Market

13. Indonesian High Performance Alloy Market

14. South Korea’s High Performance Alloy Market

15. Western European High Performance Alloy Market

16. UK High Performance Alloys Market

17. German High Performance Alloy Market

18. French High Performance Alloy Market

19. Eastern European High Performance Alloy Market

20. Russian High Performance Alloy Market

21. North America High Performance Alloy Market

22. US High Performance Alloy Market

23. South American High Performance Alloy Market

24. Brazil’s High Performance Alloy Market

25. Middle East High Performance Alloy Market

26. Africa’s High Performance Alloy Market

27. Competitive Landscape and Company Profiles of High Performance Alloys Market

28. Major mergers and acquisitions in the high performance alloys market

29. Future Prospects and Potential Analysis of High Performance Alloys Market

30. Appendix

companies mentioned

  • Allegheny Technologies Inc.

  • Carpenter Technology Co., Ltd.

  • Haynes International Co., Ltd.

  • Hitachi Metals, Ltd.

  • Outokumpu Oyj

  • Precision Cast Parts Co., Ltd.

  • The Timken Company

  • VSMPO-AVISMA Co., Ltd.

  • Nippon Yakin Kogyo Co. Ltd.

  • Materion Co., Ltd.

  • Wall Kolmoi Corporation

  • Stanford Advanced Materials

  • Arconic Co., Ltd.

  • thyssenkrupp AG

  • RTI International Metals

  • Baowu Steel Group Co., Ltd.

For more information on this report, please visit https://www.researchandmarkets.com/r/njowgd.

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