The superior chemical and mechanical properties, resistance to heat and corrosion, high tensile strength, and inertness towards?alkaline chemicals?are some of the key properties that have increased the applications of?high-performance?alloys?across several end-user industries including aerospace, electronics, oil and gas, and gas turbines. These characteristics help in extending the life cycle of the equipment that are made using these materials. High-performance?alloys?also offer improved heat and sound insulation. They contribute to minimise weight and increase fuel efficiency, and are easy to handle, design, shape, and repair. The demand for high performance alloys is expected to be high in the aerospace industry. This is because, manufacturing aircrafts require materials that operate at elevated temperatures. High performance alloys provide resistance against fatigue load, creep, heat, crack, and corrosion. They also offer superior mechanical strength. High performance alloys are also used in the manufacturing of gas turbines, which find applications in marine propulsion, commercial and military aircraft, and power generation. This is because gas turbines need materials that offer high tensile strength and excellent fatigue and corrosion resistance, which high performance alloys provide. Moreover, the demand for alloys is also high from the automotive industry. Engine components such as pistons, brake calipers, valve guides, and chassis are made from high performance alloys. High performance alloys face challenges in the manufacturing process. They generate heat during machining and this accumulated high temperature interferes with the cutting process of the alloys, causing them to be damaged or deformed. Additionally, the shapes of parts of high performance alloys make them difficult to be held securely for machining. The finishing operations and the floor space required for machining, add to the cost of these alloys, states a TMR analyst. The increased cost of high performance alloys is leading to a higher preference for conventional alloys. The global High-Performance Alloys market was valued at 7390 million US$ in 2018 and will reach 10600 million US$ by the end of 2025, growing at a CAGR of 4.6% during 2019-2025. This report focuses on High-Performance Alloys volume and value at global level, regional level and company level. From a global perspective, this report represents overall High-Performance Alloys market size by analyzing historical data and future prospect. Regionally, this report categorizes the production, apparent consumption, export and import of High-Performance Alloys in North America, Europe, China, Japan, Southeast Asia and India. For each manufacturer covered, this report analyzes their High-Performance Alloys manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market. The following manufacturers are covered: Alcoa ATI Haynes Special Metals Aperam Carpenter Technology ... Segment by Regions North America Europe China Japan Southeast Asia India Segment by Type Stainless Steels Nickel & Cobalt Magnesium High Strength Steels Titanium Segment by Application Aerospace Industrial Automotive Oil and Gas
Table of Contents Executive Summary 1 Industry Overview of High-Performance Alloys 1.1 Definition of High-Performance Alloys 1.2 High-Performance Alloys Segment by Type 1.2.1 Global High-Performance Alloys Production Growth Rate Comparison by Types (2014-2025) 1.2.2 Stainless Steels 1.2.3 Nickel & Cobalt 1.2.4 Magnesium 1.2.5 High Strength