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Hafnium Market 2019: Comprehensive Analysis by Top Key Companies, Industry Growth, Size, Share, Market Insights, Sales Volume and Forecast to 2024

Hafnium

The “Hafnium Market” research report 2019 delivers comprehensive information about the market ranging from the establishment to the predictable growth trend. Hafnium market report provides brief analytical data of the market contenders globally using advanced methodological approaches, such as SWOT analysis, production chain, cost, sales margin, financial details, recent developments. Hafnium market report also offers market competitors that includes detailed company profiles along with company product specifications.

Market Overview:

  • The market for hafnium is expected to register a CAGR of 7.08% during the forecast period (2019-2024). Major factors driving the market are the rising demand for hafnium in the aerospace industry, and increasing usage in semiconductors and submarines. However, the increasing shutdown of nuclear reactors across the world is likely to hinder the growth of the market studied.
  • – By type, other types segment (including hafnium metal) dominated the market in 2018, and it is projected to register the highest CAGR during the forecast period.
  • – Increasing application base for various hafnium products is anticipated to provide numerous opportunities, over the forecast period.
  • – The Unites States dominated the market with the largest consumption, followed by the European Union and China. However, China is likely to register the highest CAGR throughout the forecast period.<

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    In Hafnium Market Report, Following Companies Are Covered:

  • ATI
  • ACI Alloys
  • Alkane Resources Ltd
  • American Elements
  • Baoji ChuangXin Metal Materials Co. Ltd (CXMET)
  • China Nulear JingHuan Zirconium Industry Co. Ltd.
  • Framatome (EDF)
  • Nanjing Youtian Metal Technology Co. Ltd
  • Phelly Materials Inc.

    Hafnium Market 2019 report will help the industry aspirants in arranging their strategies. The measurements offered in this report will be an exact and helpful manual to shape the business development. Additionally, will Provide historical data along with a future forecast and detailed analysis and also expected opportunities.

    Scope of the Report:

  • This report studies the global Hafnium market size, industry status and forecast, competition landscape and growth opportunity.

    Reasons for Buying Hafnium Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Increasing Demand from the Aerospace Industry

    – Increasing usage of hafnium as a superalloy in the aerospace industry, primarily due to its high thermal stability in both compound and metallic forms, is driving the market, globally.
    – Hafnium superalloys are primarily used in jet/rocket engines. Hafnium constitutes about 10% of the composition in niobium-based alloy used for rocket engine nozzles. It is considered irreplaceable in the MAR M 247 superalloy, used in the hot part of jet engines (turbine blades and vanes).
    – Hafnium’s stability and strength at high temperatures, in both metallic and compound forms, make it ideal for several aerospace applications. It is generally used in the alloy form in combination with other metals, such as iron, niobium, tantalum, and titanium.
    – Hafnium diboride (HfB2) is used for ultra-high-temperature ceramics or coatings, for components in NASA atmospheric re-entry modules.
    – The demand for new aircraft is increasing globally, and the aerospace industry is aiming to introduce innovative solutions to improve manufacturing time and save costs. Thus, hafnium superalloys are gaining popularity, in terms of increasing fuel efficiency.

    United States to Dominate the Market

    The United States accounted for the largest share of the market, consuming a share of around 27.4% of the global market, in 2018. The United States is the world’s largest and most powerful economy. Owing to the increasing demand from nuclear reactors, the aerospace industry, industrial turbines, etc., the demand for hafnium has rapidly increased in the past few years. The United States is one of the largest producers of nuclear power in the world. The country has 60 commercial nuclear power plants, with 98 operating nuclear reactors in 30 states. Additionally, surging demand for hafnium from other applications in the country is driving the market.

    The Research Document Will Answer Following Questions Such as:

    • What are the cutting-edge technologies responsible for driving the growth of the market?
    • What are the main applications of the market? What are the growth prospects to the market applications into the market?
    • At what stage of development are the key market products?
    • What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?
    • What is the outlook for the industry?
    • What difference does performance characteristics of Hafnium create from those of established entities?

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    Detailed TOC of Hafnium Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Rising Demand from the Aerospace Industry
    4.1.2 Other Drivers
    4.2 Restraints
    4.3 Industry Value Chain Analysis
    4.4 Porters Five Forces Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition
    4.5 Price Analysis

    5 MARKET SEGMENTATION
    5.1 Type
    5.1.1 Hafnium Oxide
    5.1.2 Hafnium Carbide
    5.1.3 Other Types (including Hafnium Metal)
    5.2 Application
    5.2.1 Super Alloy
    5.2.2 Optical Coating
    5.2.3 Nuclear
    5.2.4 Plasma Cutting
    5.2.5 Other Applications
    5.3 Geography
    5.3.1 Production Analysis
    5.3.1.1 France
    5.3.1.2 United States
    5.3.1.3 China
    5.3.1.4 Rest of the World
    5.3.2 Consumption Analysis
    5.3.2.1 United States
    5.3.2.2 European Union
    5.3.2.3 Russia
    5.3.2.4 China
    5.3.2.5 India
    5.3.2.6 Japan
    5.3.2.7 Rest of the World

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 ATI
    6.4.2 ACI Alloys
    6.4.3 Alkane Resources Ltd
    6.4.4 American Elements
    6.4.5 Baoji ChuangXin Metal Materials Co. Ltd (CXMET)
    6.4.6 China Nulear JingHuan Zirconium Industry Co. Ltd.
    6.4.7 Framatome (EDF)
    6.4.8 Nanjing Youtian Metal Technology Co. Ltd
    6.4.9 Phelly Materials Inc.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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