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Tantalum Market Presents an Overall Analysis, Development Trends, Driving Forces & Opportunities

01-18-2023 02:19 PM CET | Industry, Real Estate & Construction

Press release from: Analytics Market Research

Global Tantalum Market

Global Tantalum Market

Tantalum is a transition metal made up of the elements indium, lithium, molybdenum, and niobium. It has a high melting point and great corrosion resistance. Tantalum can be formed into wires and has a high degree of ductility. Tantalum is one of the five main refractory metals, tantalum has a high corrosion resistance due to the formation of an oxide layer on it. Tantalum has excellent electrical and thermal conductivity.

Columbite, tantalite, and coltan are a few examples of the minerals that include tantalum, which is a member of the class of metals known as refractory metals. Tantalum metal is utilised in implants and surgical tools for both dental and surgical operations since it does not cause an immunological reaction. Tantalum can be used in place of platinum, which is somewhat more expensive than other metal. It is used in a variety of applications, such as missiles, aircraft, and nuclear and chemical power plants.

One of the major drivers of this market is the growing importance and demand for electronic gadgets and equipments. Tantalum alloys are used extensively in aviation and land based gas turbine, and the demand from this sector is expected to rise at a brisk pace in the near future owing to the high growth in aviation and aerospace industries. The same is true for land based gas turbines as well. The highest quantity of tantalum demand is expected to come from tantalum powder/ wire application, followed by its application in super alloys.

Tantalum is a critical component of next-generation semiconductor manufacturing, enabling electronics manufacturers to produce chips with increasingly higher densities of knowledge. In different applications of semiconductors, tantalum powders and tantalum-coated anode wires are used. For semiconductor manufacturing, tantalum has highly stable thermal, electrical, and mechanical properties ranging over a wide range of temperatures.

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Global Tantalum Market: Major Players
Taki Chemical Co., Ltd.
Fogang Jiata Metals Co., Ltd.
China Minmetals Corporation
Rohm Semiconductors
Altura Mining Ltd.
ULBA Metallurgical Plant
Global Advanced Metals
Duoluoshan Sapphire Rare Metal Co., Ltd.
H.C. Strack
Ningxia Orient Tantalum Industry Co., Ltd.
Metallurgical Products Co.
Grandciew Materials, Inc.
Globe Metals and Mining

Global Tantalum Market: By Types
Metal
Carbide
Powder
Alloys
Other Product Forms

Global Tantalum Market: By Applications
Capacitors
Semiconductors
Engine Turbine Blades
Chemical Processing Equipment
Medical Equipment
Other Applications (Including Ballistics, Cutting Tools, Optical Applications)

Global Tantalum Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Tantalum market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Reasons to Purchase the Tantalum Market Report:

1. The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
2. Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
3. Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
4. The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
5. Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.

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About US
Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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