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. All but Rhenium have a body-centered cubic structure. Despite the fact that refractory metals have many similar qualities-such as high density, resistance to wear and corrosion-each metal is different in its own way, providing each with its own individual combination of qualities. Many of these individual qualities are rather unique, such as an ability to combine with gases and then release them under heat. Alloys containing varying amounts of refractory metals are vital to virtually every major industry, including automotive, mining, aerospace, chemical and petroleum processing, electrical and electronics, medical electronics and prosthetics, metal processing, nuclear technology and ordnance.
According to our (Global Info Research) latest study, the global Refractory Metals market size was valued at USD 1413.8 million in 2022 and is forecast to a readjusted size of USD 1625.1 million by 2029 with a CAGR of 2.0% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Refractory Metals key players include Xiamen Tungsten, CMOC, Molymet, H.C. Starck, A.L.M.T., etc. China is the largest market, with a share about 40%, followed by North America, with a share about 30 percent. In terms of product, Molybdenum Meta is the largest segment, with a share about 50%. And in terms of application, the largest application is Steel Industry, followed by Electronics and Electrical Industry, Carbide Tools and Wear Parts, and Aerospace.
This report is a detailed and comprehensive analysis for global Refractory Metals market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Refractory Metals market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2029
Global Refractory Metals market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2029
Global Refractory Metals market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2029
Global Refractory Metals market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/MT), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Refractory Metals
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Refractory Metals market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Xiamen Tungsten, CMOC, Molymet, H.C. Starck and A.L.M.T., etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Refractory Metals market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Molybdenum Metal
Tungsten Metal
Niobium Metal
Tantalum Metal
Rhenium Metal
Market segment by Application
Steel Industry
Electronics and Electrical Industry
Carbide Tools and Wear Parts
Aerospace
Others
Major players covered
Xiamen Tungsten
CMOC
Molymet
H.C. Starck
A.L.M.T.
Global Tungsten & Powders
CBMM
Codelco
JDC
Rising Rare Metals EO-Materials
WOLFRAM JSC
Treibacher Industrie
Climax Molybdenum
Global Advanced Metals
Ningxia Orient Tantalum Industry
Rhenium Alloys
ATI
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Refractory Metals product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Refractory Metals, with price, sales, revenue and global market share of Refractory Metals from 2018 to 2023.
Chapter 3, the Refractory Metals competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Refractory Metals breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Refractory Metals market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Refractory Metals.
Chapter 14 and 15, to describe Refractory Metals sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Refractory Metals . Industry analysis & Market Report on Refractory Metals is a syndicated market report, published as Global Refractory Metals Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Refractory Metals market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.