Superalloys Market Analysis By Top Leading Companies and Manufacturers, Allegheny Technologies Incorporated, Haynes International, Special Metals Corporation, Aperam, Carpenter Technology, AMG Superalloys, Doncasters & Others

The Global Superalloys Market size was valued at $4,158 million in 2016, and is anticipated to grow at a CAGR of 8.9% to reach $7,677 million by 2023. Superalloys are metallic alloys that exhibit excellent strength, creep resistance, significant surface stability, and corrosion resistance at high temperature. Owing to these attributes, superalloys are widely adopted in gas turbine, oil & gas equipment, aerospace, and others, thus fueling the market growth. The base alloying element used for superalloys are nickel, cobalt, and iron. These alloys facilitate improved operating efficiency and reduce environmental emissions. Presently, there is an increased usage of superalloys owing to the increase in need for high-strength materials that can withstand high temperature and resist creeping in aerospace and aircraft applications. The growth of the market is further driven by increase in adoption of superalloys in aerospace and power industries. However, high cost of these alloying metals is expected to hamper the growth of the market.

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Superalloys are the group of alloys, which are alloyed particularly with nickel, cobalt, and iron along with other metals to enhance their corrosion resistance. These alloys are widely used in aerospace gas turbine engines, nuclear reactors, power generation turbines, petrochemical equipment, rocket engines, and others owing to their remarkable properties such as high mechanical strength, creep resistance at high temperature, significant surface stability, and corrosion, oxidation, & high-temperature, resistance.

The growth of the global superalloys market is driven by the increase in demand for these alloys in range of industries such as aerospace, oil & gas, automotive, and others. They are widely used in turbine engines, as the thermodynamics efficiency of turbine engines is increased with increasing turbine inlet temperature, which is expected to provide lucrative growth opportunity to the market players. However, high cost of these alloys is anticipated to hamper the market growth during the forecast period.

Nickel-based superalloys is the leading base material segment, as these superalloys possess high-temperature mechanical properties and oxidation resistance. These alloys are majorly used in hottest parts of gas turbines turbine blades, turbine discs, metal processing, and casting blades. Presently, these alloys constitute over 50% of the weight of advanced aircraft engines.

The aerospace application segment dominated the global market, with almost half of the total market share in 2016. In aerospace, alloys are used to develop gas turbine engines for defense aircraft, turbine blades, and jet engines.

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In 2016, North America dominated the global market owing to increase in utilization of aircrafts and significant growth in aerospace industry. Furthermore, in terms of value, Asia-Pacific is projected to witness the highest CAGR of 9.5%, followed by Europe, which is expected to register a CAGR of 9.0%.

The major companies profiled in the report include Allegheny Technologies Incorporated (ATI), Haynes International, Special Metals Corporation, Aperam, Carpenter Technology, AMG Superalloys, Doncasters, Nippon Yakin Kogyo, Universal Stainless, Danyang City Kaixin Alloy Material Co. Ltd., Supreme Special Steel Pvt. Ltd. TI Steel Private Ltd., AcmeCast, and Balaji Superalloys.

LIST OF FIGURES

FIGURE 01. MARKET SNAPSHOT: SUPPERALLOYS MARKET
FIGURE 02. SUPPERALLOYS MARKET SEGMENTATION
FIGURE 03. TOP INVESTMENT POCKETS, 2017-2023
FIGURE 04. MARKET PLAYER POSITIONING, 2016
FIGURE 05. PATENT PUBLICATION BY YEAR, 2010-2017 (%)
FIGURE 06. PATENT PUBLICATION BY COMPANY, 2010-2017 (%)
FIGURE 07. PATENT PUBLICATION BY REGION, 2010-2017 (%)
FIGURE 08. HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 09. LOW BARGAINING POWER OF BUYERS
FIGURE 10. LOW THREAT OF NEW ENTRANTS
FIGURE 11. LOW THREAT OF SUBSTITUTION
FIGURE 12. HIGH INTENSITY OF COMPETITIVE RIVALRY
FIGURE 13. DRIVERS, RESTRAINTS, AND OPPORTUNITIES: SUPPERALLOYS MARKET, 2017-2023
FIGURE 14. NEW AIRPLANES PRODUCTION, 2016-2035
FIGURE 15. GNI PER CAPITA GROWTH, 2011-2015 (%)
FIGURE 16. SUPERALLOYS MARKET, BY BASE MATERIAL, 2016 (%)
FIGURE 17. SUPERALLOYS MARKET, BY APPLICATION, 2016 (%)
FIGURE 18. SUPERALLOYS MARKET, BY REGION, 2016 (%)
FIGURE 19. U.S. SUPERALLOYS MARKET, 2016-2023 ($MILLION)
FIGURE 20. CANADA SUPERALLOYS MARKET, 2016-2023 ($MILLION)
FIGURE 21. MEXICO SUPERALLOYS MARKET, 2016-2023 ($MILLION)
FIGURE 22. UK SUPERALLOYS MARKET, 2016-2023 ($MILLION)
FIGURE 23. GERMANY SUPPERALLOYS MARKET, 2016-2023 ($MILLION)
FIGURE 24. FRANCE SUPPERALLOYS MARKET, 2016-2023 ($MILLION)
FIGURE 25. SPAIN SUPERALLOYS MARKET, 2016-2023 ($MILLION)
FIGURE 26. ITALY SUPERALLOYS MARKET, 2016-2023 ($MILLION)
FIGURE 27. REST OF EUROPE SUPERALLOYS MARKET, 2016-2023 ($MILLION)
FIGURE 28. CHINA SUPERALLOYS MARKET, 2016-2023 ($MILLION)
FIGURE 29. JAPAN SUPPERALLOYS MARKET, 2016-2023 ($MILLION)
FIGURE 30. FORGING INDUSTRY IN INDIA, BY INSTALLED CAPACITY, 2017 (%)
FIGURE 31. FORGING INDUSTRY IN INDIA, REVENUE FROM DOMESTIC SALE & EXPORT, FY 2014-FY 2017, ($MILLION)
FIGURE 32. INDIA SUPERALLOYS MARKET, 2016-2023 ($MILLION)
FIGURE 33. KOREA SUPERALLOYS MARKET, 2016-2023 ($MILLION)
FIGURE 34. AUSTRALIA SUPERALLOYS MARKET, 2016-2023 ($MILLION)
FIGURE 35. REST OF ASIA-PACIFIC SUPPERALLOYS MARKET, 2016-2023 ($MILLION)
FIGURE 36. BRAZIL SUPERALLOYS MARKET, 2016-2023 ($MILLION)
FIGURE 37. SOUTH AFRICA SUPPERALLOYS MARKET, 2016-2023 ($MILLION)
FIGURE 38. SAUDI ARABIA SUPERALLOYS MARKET, 2016-2023 ($MILLION)
FIGURE 39. REST OF LAMEA SUPERALLOYS MARKET, 2016-2023 ($MILLION)
FIGURE 40. AMG: NET SALES, 2014-2016 ($MILLION)
FIGURE 41. AMG: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 42. AMG: REVENUE SHARE BY END MARKET, 2016 (%)
FIGURE 43. AMG: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 44. ATI: NET SALES, 2015-2017 ($MILLION)
FIGURE 45. ATI: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 46. APERAM: NET SALES, 2014-2016 ($MILLION)
FIGURE 47. APERAM: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 48. APERAM: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 49. CARPENTER: NET SALES, 2015-2017 ($MILLION)
FIGURE 50. CARPENTER: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 51. CARPENTER: REVENUE SHARE BY END MARKET, 2017 (%)
FIGURE 52. CARPENTER: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 53. HAYNES: NET SALES, 2015-2017 ($MILLION)
FIGURE 54. HAYNES: REVENUE SHARE BY PRODUCT GROUP, 2017 (%)
FIGURE 55. HAYNES: REVENUE SHARE BY END MARKET, 2017 (%)
FIGURE 56. HAYNES: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 57. NIPPON: NET SALES, 2015-2017 ($MILLION)
FIGURE 58. NIPPON: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 59. NIPPON: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 60. UNIVERSAL STAINLESS: NET SALES, 2014-2016 ($MILLION)
FIGURE 61. UNIVERSAL STAINLESS: REVENUE SHARE BY SEGMENT, 2016 (%)

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