openPR Logo
Press release

Master Alloy Market Analysis, Industry Outlook, Growth and Forecast 2024 - ALUMETAL S.A., Asturiana de Aleaciones, S.A., Reading Alloys, KBM Affilips, Belmont Metals, Inc., Axayya Alloys Pvt. Ltd., Minex Metallurgical Co. Ltd., Milward Alloys, Inc.

03-14-2019 05:14 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Master Alloys Market to Exceed a Valuation of USD 441.2 Million by 2024

Master Alloys Market to Exceed a Valuation of USD 441.2 Million by 2024

Segmental Analysis

The global market for Master Alloys can be segmented on the basis of Type, Application and Region.

By Type, the market has been segmented into chromium alloys, vanadium alloys, molybdenum alloys, copper master alloys, aluminum master alloys, and others. Among these, aluminum master alloys have been projected to hold the largest market share and anticipated to touch a valuation of USD 205.9 million by 2024. Aluminum Master Alloys are extensively used in automobiles and consumer goods owing to its compatibility with other base metals and low cost. These factors, along with properties such as corrosion resistance and lightweight nature of aluminum can be a plus for the segment demand during the forecast period.

Request a PDF Brochure with Future Analysis @ https://www.marketresearchfuture.com/sample_request/6229

The market has been segmented into stainless steel, iron, titanium production, superalloys, aluminum industry, powder metallurgical, metal anhydride alloys, and others based on application. Among these, the titanium production segment has been projected to hold the largest market share and touted to touch a revenue of USD 205.6 million by 2024 owing to the rising demand for titanium alloys in automotive, aerospace, sports, and leisure industries.

Competitive Dashboard

The market is extensively fragmented, and several players are establishing themselves as market influencers. Milward Alloys Inc. (U.S.), Reading Alloys (AMETEK Inc.) (U.S.), Asturiana de Aleaciones S.A. (Spain), Advanced Metallurgical Group N.V. (Netherlands), KBM Affilips (Netherlands), and others are some of the prominent players operating the global market for Master Alloys.

Regional Outlook

Regionally, the market for Master Alloys has been segmented into five regions namely Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa.

The Asia Pacific has accounted for the largest market share in 2017. It is anticipated to expand at 8.3 % CAGR over the review period. Due to the increasing demand from industries like aircraft components, automotive, consumer goods, and aluminum, the Asia Pacific market is expected to expand at a significant growth rate. Regions such as Philippines, Malaysia, Indonesia, and Thailand has witnessed a decline in automotive production, owing to the increasing unemployment, slow economic growth rate, and depreciating currency. But the presence of automotive giants such as Toyota and Mitsubishi investing in production facilities in Indonesia, Philippines, and Malaysia can boost these markets. Along with revised tax policies and reduced vehicles price, the market is foreseen to enjoy a phenomenal run in these regions.

North America has emerged as the second-largest market in Master Alloys and likely to touch a capitalization of USD 91.4 million by the end of 2024 majorly due to the growth witnessed in the aerospace industry coupled with the presence of the largest aircraft manufacturers in this region.

The European market is anticipated to showcase a moderate growth rate over the assessment period. Germany has been accounted to hold the largest market share owing to the rising demand for titanium alloys in the aerospace and automotive industries.

Get Research Report Overview @ https://www.marketresearchfuture.com/reports/master-alloys-market-6229

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Master Alloy Market Analysis, Industry Outlook, Growth and Forecast 2024 - ALUMETAL S.A., Asturiana de Aleaciones, S.A., Reading Alloys, KBM Affilips, Belmont Metals, Inc., Axayya Alloys Pvt. Ltd., Minex Metallurgical Co. Ltd., Milward Alloys, Inc. here

News-ID: 1652867 • Views: 159

More Releases from Market Research Future

Extended Reality (XR) Market 2020: Forecast by HP Reveal, Qualcomm, Accenture, D …
Market Research Future (MRFR), in its report on the global extended reality market, states that the market is expected to thrive at a lucrative 69.4% CAGR in the forecast period (2019 to 2025). MRFR recorded the market to value at USD 27 Billion in 2018. By 2025, the market is expected to value at USD 393 Billion by 2025. It is due to the growing demand for virtual reality (VR)
Medical Aesthetics Industry Size, Market Growth, Key Company Profile, Comprehens …
The “Global Medical Aesthetics Market Is Showing High Probabilities Of Achieving A CAGR Of 11% Between 2018 And 2023”. Medical aesthetics Industry covers the aesthetical aspect of the healthcare sector and includes well-being, noticeable skin changes, peripheral appearance, and image of the patient. Medical aesthetics include fuses beauty and healthcare services and are getting substantial traction not just from demand for upliftment of the looks but anti-aging as well. There are several
Clinical Trial Management System Market Demand, Industry Share, Size, Applicatio …
Clinical Trial Management System Market Analysis by Type (Enterprise Clinical Trial Management System), Delivery Model (Licensed Enterprise), Component (Service) and End-User (Medical Device Manufacturers), and Regional Competitive Share, Size and Trends, 2018-2023 Market Overview Clinical Trial Management System Market is mostly a software system which helps to plan, prepare, and manage a large amount of clinical trials data that is produced by biotechnological and pharmaceutical companies. Drug research has gained momentum in
Reusable Satellite Launch Vehicle (RSLV) Market 2019-2023 | Report Information b …
Global Reusable Satellite Launch Vehicle Market Report Information by Configuration (Single Stage, Multiple Stage), by Type (Partially Reusable, Fully Reusable), Vehicle Weight (Up to 4,000lbs, 4000-9000lbs, Over 9000lbs), & by Region - Forecast Till 2023 The Reusable satellite launch vehicle market is estimated to witness a CAGR of more than 12% during the forecast period from 2018 to 2023. The key players in the reusable satellite launch vehicle market are Airbus S.A.S

All 5 Releases


More Releases for Alloys

Titanium Alloys Market Risk Analysis by 2027
Titanium alloys continues to possess lucrative opportunities across the countries with dominating factors like increasing aerospace & defence, automotive, sports, architectural industry worldwide. Moreover, the growth in the power industry and fashion & apparel industry influencing the adoption of the titanium alloy owing to the increase in the demand for good quality and featured titanium alloy from the different end use verticals. The trending use of titanium alloys which has
Strategic Analysis of Titanium Alloys Market
Titanium and its alloys have been used in the aerospace industry since many years. Commercially produced pure titanium and titanium alloys are globally denominated by the formula Ti-6Al-4V. These are primarily used in the manufacture of engine parts and airframe of the aircraft. Aircraft engines rapidly consume aviation fuel. In order to reduce fuel consumption, the weight of the aircraft and its engine should be low. Therefore, titanium and its
08-04-2017 | Energy & Environment
TMR
Thermocouple alloys Market - Global Industry Analysis 2025
Thermocouple consists of two dissimilar metals which are joined to form electrical junctions at differing temperatures and produce electric current. . When selecting thermocoupling alloys, it is important to keep in mind the application temperature range, environment, accuracy required and length of service. Thermocouples are a widely used type of temperature sensor. Commercial thermocouples are inexpensive, interchangeable, are supplied with standard connectors, and can measure a wide range of temperatures.
Global Nitinol Alloys Sales Market Report 2017
In this report, the global Nitinol Alloys market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split global into several key Regions, with sales (K MT), revenue (Million USD), market share and growth rate of Nitinol Alloys for these regions, from 2012 to 2022 (forecast),
Global Aluminum Lithium Alloys Market 2012- 2022
Summary Based on products type, the report describes major products type share of regional market. Products mentioned as follows: By Type 2XXX Series 8XXX Series Based on region, the report describes major regions market by vendor, products and Application. Regions mentioned as follows: Europe North America China Based on Application, the report describes major Application share of regional market. Application mentioned as follows: Aeronautics Astronautics Leading vendors in the market are included based on sales; price, sales regions, products and profile etc.
Market Intelligence Report Braze Alloys, 2015-2025
Brazing is defined as the process wherein a piece of metal is bonded to another piece of metal by use of a filler metal. This filler metal is termed as brazing alloy or braze alloy. The melting temperature of the braze alloys is greater than 450o C, however, this melting point should be lower than that of the work-pieces to be bonded. At temperatures above 450o C, the braze alloys