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Niobium Sector: Worldwide Forecast until 2021

  • November 2017
  • 90 pages
  • ID: 3971719
In this report:
The global niobium consumption in the superconductor markets was estimated at ##.## thousand metric tons in 2016, and it is expected to grow at a CAGR of ##.##% to reach ##.## thousand metric tons by 2021.
The global niobium consumption in the HSLA steel market was estimated at ##.## thousand metric tons in 2016, and it is expected to grow at a CAGR of ##.##% to reach ##.## thousand metric tons by 2021.

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About Niobium Market

Niobium is a shiny grey, ductile metal with a chemical symbol Nb and an atomic number 41. It belongs to group 5 and period 4 in the periodic table. Such as tantalum, it is one of the refractory metals. It is valued for its singular chemical properties, containing its heat and wear resistance and inert nature. It has a high melting point of 4,474 °F and a boiling point of 2,719°F. It is primarily added as an alloying element in the form of ferroniobium to steel.

The experts estimate the worldwide niobium market to increase at a compound annual Growth rate of ~7.7 percent between 2017 and 2021.

What is the scope of this report?

The study describes the ongoing situation and its growth expectations of the global niobium sector for 2017-2021. The report includes a detailed synthesis of the market, included data from multiple sources..

The sector is segmented into the specified segments established on area:

• Americas

• Asia-Pac

• Europe (EU)

• MEA

The market study, World-wide Niobium Sector 2017-2021, has been produced established on a comprehensive and detailed market studies with data coming from specialists of the sector. The study describes the market outlook and its growth expectations over the next years. This study also comprises conversations with top vendors operating in this segment.

Who are the market dominants?

• rise in steel production

• For a full, in-depth list, view our market report

What are the ongoing market challenges?

• Difficulties in niobium processing

• For a full, exhaustive list, view our market report

How is the market going?

• Growing sector of niobium superalloys for land-based turbines

• For a full, in-depth list, view our market report

What are the main questions answered in this report?

• What will both market value and growth rate be in 2021?

• What are the key market forecasts?

• What is driving this sector?

• What are the conditions to market growth?

• Who are the main vendors in this market environment?

If you acquire this report, you can ask for one free hour with one of our analyst. Further information is provided within the report.

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