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Hafnium Market Report 2022-2027 | Share, Industry Price Trends, Size, Growth and Opportunities

12-22-2022 12:45 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Hafnium Market Report 2022-2027 | Share, Industry Price Trends,

The latest research study by IMARC Group, "Hafnium Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" offers a comprehensive analysis of the industry, which comprises insights on global hafnium market price. The market reached a volume of 73.54 Tons in 2021. Looking forward, IMARC Group expects the market to reach 108.04 Tons by 2027, exhibiting a growth rate (CAGR) of 6.30% during 2022-2027.

Hafnium (Hf) represents a silvery gray, lustrous, and tetravalent transition metal that chemically resembles zirconium and is found in zirconium minerals. It is characterized by stability at room temperature, spontaneous combustion in air, and the ability to absorb hydrogen at high temperatures. The hafnium metal is an ideal neutron absorber, owing to its large cross-section and excellent welding and processing properties. It is also resistant to corrosion. Hafnium improves the creep ductility and rupture lifetime of nickel-based superalloys when used in relatively small amounts. It is utilized to fabricate integrated circuits at shorter feature sizes in semiconductor fabrication processes, as well as filaments and electrodes. Hafnium is combined with niobium, titanium, or tungsten in superalloys that can be extensively used across the aerospace and nuclear sectors.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request a free sample brochure: https://www.imarcgroup.com/hafnium-market/requestsample

Hafnium Market Trends and Drivers:

The increasing innovations and technological advancements in the aerospace manufacturing processes are among the key factors stimulating the hafnium market. Moreover, the growing utilization of Hf in the production of gas turbines, nuclear reactors, pressurized water reactors, semiconductors, etc., is acting as another significant growth-inducing factor. Besides this, the widespread adoption of hafnium oxide in optical coatings is positively influencing the global market. Furthermore, extensive R&D activities conducted by key players are also propelling the market growth. Apart from this, the launch of favorable policies by government bodies across countries to promote hafnium applications is further augmenting the global market. Additionally, the effective allocation of resources and the inflating disposable income levels of individuals are anticipated to fuel the hafnium market over the forecasted period.

Ask An Analyst: https://www.imarcgroup.com/request?type=report&id=6500&flag=F

Hafnium Market Report Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• ACI Alloys
• Alkane Resources Ltd
• Allegheny Technologies Incorporated (ATI)
• American Elements
• Chemsavers Inc.
• China Nulear JingHuan Zirconium Industry Co. Ltd
• Framatome (Electricite de France S.A.)
• Lenntech B.V
• Nanjing Youtian Metal Technology Co. Ltd.
• Phelly Materials Inc. and Thermo Fisher Scientific Inc.

The report has been segmented the market into following categories:

Breakup by Type:

• Hafnium Metal
• Hafnium Oxide
• Hafnium Carbide
• Others

Breakup by Application:

• Super Alloy
• Optical Coating
• Nuclear
• Plasma Cutting
• Others

Click here to view detailed information with table of content: https://www.imarcgroup.com/hafnium-market

By Geography:

• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Browse Other Reports by IMARC Group:

https://www.digitaljournal.com/pr/advanced-packaging-market-growth-2022-2027-global-trends-analysis-and-forecast-imarc-group
https://www.digitaljournal.com/pr/global-stacker-market-price-trend-top-companies-size-share-growth-and-report-2022-2027
https://www.digitaljournal.com/pr/biodegradable-packaging-market-size-us-126-64-billion-growth-trends-and-analysis-2022-2027-imarc-group
https://www.digitaljournal.com/pr/solar-photovoltaic-pv-market-global-size-growth-rate-17-70-share-cost-models-and-forecast-2022-2027
https://www.digitaljournal.com/pr/at-cagr-of-5-20-distribution-transformer-market-size-to-cross-us-24-79-billion-by-2027-industry-analysis-report

Contact Us:

IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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