Press release
Niobium Market 2021 Strategic Assessments - Admat Inc., Alkane Resources Ltd, CBMM, China Molybdenum Co. Ltd, Changsha South Tantalum Niobium Co. Ltd
The Niobium Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Niobium market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Niobium market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Niobium market.“The market for niobium is expected to witness a CAGR of around 6% during the forecast period.”
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Top Leading Companies of Niobium Market are - Admat Inc., Alkane Resources Ltd, CBMM, China Molybdenum Co. Ltd, Changsha South Tantalum Niobium Co. Ltd, Grandview Materials, NIOBEC (Magris Resources Inc.), NioCorp Developments Ltd, Shaanxi Getwick Nonferrous Metals Co. Ltd, Titanex GmbH, Zhuzhou Orient Kylin Special Metal Materials Co. Ltd and others.
Key Market Trends:
Construction Sector to Dominate the Market
- As present-day structures and buildings are becoming more and more complex and ambitious, the demand for performance-oriented construction materials is consistently increasing, in order to employ sustainable, elegant, and cost-effective methods or solutions. This, in turn, has increased the dependence on micro-alloying with niobium to produce high-quality steel to meet these present day requirements.
- High-strength niobium microalloyed plate products are used in the construction of bridges, viaducts, high-rise buildings, etc. Heavy machinery, pressure vessels, etc. represent additional applications of microalloyed plates. Niobium materials, especially, are used in combination with steel in earthquake prone areas.
- The increasing urbanization, rising standard of living, and the growth of the repair construction industry (due to replacement of old infrastructures) ensure a sustained increase in the demand for steel. In addition, the usage of high strength steel helps cut down raw material costs and the building’s overall weight.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Niobium Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Niobium Market (%),2016 - 2026
- Niobium Market Share, By Brand
- Niobium Market Share, By Company
- Niobium Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Niobium Market Value Analysis & Forecast
- Promising Niobium Development by Major Companies
- Detailed Niobium Portfolio of the Major Companies
- Major Deals in the Niobium Market
- Major Companies Analysis
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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