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. Like tantalum, it is one of the refractory metals. It is valued for its unique chemical properties, including 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 mainly added as an alloying element in the form of ferroniobium (FeNb) to steel.
Technavio’s analysts forecast the global niobium market to grow at a CAGR of 7.66% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global niobium market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: • Americas • APAC • Europe • MEA
Technavio’s report, Global Niobium Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Advanced Metallurgical Group • Anglo American • CBMM • Magris Resources • Global Advanced Metals
Other prominent vendors • Admat • Alkane Resources • Changsha South Tantalum Niobium • Dneprovsky Special Tubes Plant • Grandview Materials • Taseko • TITAN Metal Fabricators
Market driver • Increase in steel production • For a full, detailed list, view our report
Market challenge • Difficulties in niobium processing • For a full, detailed list, view our report
Market trend • Growing market of niobium superalloys for land-based turbines • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Our reports have been used by over 10K customers, including:
Market Overview The market for graphite electrode is anticipated to register a CAGR of 4.46% during the forecast period (2019-2024). The primary raw material used for the production of graphite electrode is needle coke (either petroleum-based or coal-based). Rising production of iron and steel in emerging countries,...
The Qatar metal working market was estimated at USD 1766.48 million in 2018, at a CAGR of 4.84%, during the forecast period (2019-2024). Metal working is the most important aspect of the manufacturing industry, as it comprises both machine tools as well as machinery that deal with the fabrication of metal components. These metal working machines...
221 pages •
By Global Industry Analysts
• May 2019
This report analyzes the worldwide markets for Fluorspar in Metric Tons by the following End Use Applications: Aluminum Production, Hydrofluoric Acid Production, Steel Production, and Others. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest...
This report analyzes the world market for hard and superhard materials by total consumption value, demand trends, end-user markets and applications. Each product section contains detailed breakdowns including supplier sales and market share, consumption value and volume by region/product type, demand by application. Market trends and forecasts...
371 pages •
By Global Industry Analysts
• May 2019
This report analyzes the worldwide markets for Manganese in Metric Tons by the following Forms of Manganese and End-Use Segments: Forms - Alloys (FeMn, SiMn, Refined FeMn, & Others), and Electrolytic Manganese; End-Use Segments - Steel, Batteries, and Others. The report provides separate comprehensive analytics for...
256 pages •
By Transparency Market Research
• Apr 2019
Silicon Alloys Market - Overview Silicon alloys have significant amount of silicon present in them.They have silicon as a major element in them. Silicon alloys are produced from sand or silica in submerged electric arc furnace along with coke and iron at very high temperatures.Silicon alloys are widely used in...
The weathering steel market is projected to grow at a CAGR of 8.8% between 2019 and 2024. The weathering steel market is estimated to be USD 1.0 billion and is projected to reach USD 1.6 billion by 2024, at a CAGR of 8.8% from 2019 to 2024. Key factors expected to drive the weathering steel market include increasing applications...
Market Overview The market for niobium is expected to witness a CAGR of 5.90 % during the forecast period of 2019-2024. Major factors driving the market are the increased consumption of niobium in structural steel and extensive utilization of niobium-based alloys in manufacturing aircraft engines. Niobium, being an abundant...
74 pages •
By International Market Analysis Research and Consult
• Jun 2019
According to This latest report, titled “Saudi Arabia Prefabricated Building and Structural Steel Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, Saudi Arabia prefabricated building and structural steel market reached a value of more than US$ 1.5 Billion in 2018. Prefabricated building is a building or a...
170 pages •
By Eminent Research And Advisory Services
• Feb 2019
The latest research study published on the advanced high strength steel market offers actionable and valuable insights into the global market along with all the crucial factors influencing the current growth and having influences on the futuristic growth of advanced high strength steel market over the forecast period.
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.