Press release
Superalloys Market Size is Projected to Reach US$ 7.8 Billion by 2027, Industry CAGR 6.12% | IMARC Group
According to IMARC Group's latest report, titled "๐๐ฎ๐ฉ๐๐ซ๐๐ฅ๐ฅ๐จ๐ฒ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐, ๐ฆ๐ต๐ฎ๐ฟ๐ฒ, ๐ฆ๐ถ๐๐ฒ, ๐๐ฟ๐ผ๐๐๐ต, ๐ข๐ฝ๐ฝ๐ผ๐ฟ๐๐๐ป๐ถ๐๐ ๐ฎ๐ป๐ฑ ๐๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐๐ 2022-2027", the superalloys market reached US$ 5.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.8 Billion by 2027, exhibiting a CAGR of 6.12% during 2022-2027.Superalloys are non-ferrous alloys that exhibit excellent heat resistance and maintain their surface stability, stiffness, strength, and toughness even at very high temperatures. They are manufactured using a two-phase heat treatment method that includes investment casting, powder metallurgy, vacuum induction melting, and secondary melting, such as vacuum arc re-melting and electro-slag re-melting. They are used in commercial and military jet engines as they offer good mechanical strength, creep resistance, and corrosion and oxidation resistance at high temperatures. As a result, superalloys find extensive applications in the chemical and petrochemical, aerospace, and oil and gas industries across the globe.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐ณ๐ฟ๐ฒ๐ฒ ๐๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฏ๐ฟ๐ผ๐ฐ๐ต๐๐ฟ๐ฒ: https://www.imarcgroup.com/superalloys-market/requestsample
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ฉ๐๐ซ๐๐ฅ๐ฅ๐จ๐ฒ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ
The global superalloys market is primarily driven by rising product utilization in manufacturing jet engines due to their operational efficiency and minimal environmental emissions. Moreover, the rising demand for commercial and passenger vehicles with strong engines is positively influencing the market growth. Additionally, the increasing use of high-performance alloys in ignition pre-chamber, exhaust gas cleaner fasteners, turbochargers, exhaust valves, and nozzles of vehicles has augmented the product demand.
Besides this, the expanding use of high-performance alloys for onshore and offshore exploration, drilling, and production activities in the oil and gas industry has catalyzed market growth. Furthermore, the escalating demand for power generation using nuclear power plants owing to the global energy crisis is contributing to market growth. Other factors, including ongoing developments in the aluminum and magnesium mining process, rising extraction of metals used for alloying, and rapid growth in the aviation industry, are also anticipated to drive the market further.
๐๐ต๐ฒ๐ฐ๐ธ๐ผ๐๐ ๐ก๐ผ๐: https://www.imarcgroup.com/checkout?id=6052&method=1
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ฉ๐๐ซ๐๐ฅ๐ฅ๐จ๐ฒ๐ฌ ๐๐๐ซ๐ค๐๐ญ 2022-2027 ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐ง๐ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
The competitive landscape of the superalloys market has been studied in the report with the detailed profiles of the key players operating in the market.
๐ฆ๐ผ๐บ๐ฒ ๐ผ๐ณ ๐๐ต๐ฒ๐๐ฒ ๐ธ๐ฒ๐ ๐ฝ๐น๐ฎ๐๐ฒ๐ฟ๐ ๐ถ๐ป๐ฐ๐น๐๐ฑ๐ฒ:
Allegheny Technologies Inc, AMG Superalloys, Aperam S.A., Cannon-Muskegon Corporation, Carpenter Technology Corporation, Doncasters Group, Haynes International Inc, IHI Corporation, IMET Alloys, Mishra Dhatu Nigam Limited, Special Metals Corporation and Western Australian Specialty Alloys (Precision Castparts Corp.).
๐๐ฒ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป:
The report has segmented the superalloys market bases on the base material and application.
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐๐ฌ๐ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ:
Nickel-Based
Iron-Based
Cobalt-Based
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง:
๐๐๐ซ๐จ๐ฌ๐ฉ๐๐๐
Commercial and Cargo
Business
Military
Rotary
๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐๐ฌ ๐๐ฎ๐ซ๐๐ข๐ง๐
Electrical
Mechanical
Automotive
Oil and Gas
Industrial
Others
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐๐ ๐ข๐จ๐ง:
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
๐๐๐ธ ๐๐ป๐ฎ๐น๐๐๐ ๐ณ๐ผ๐ฟ ๐ญ๐ฌ% ๐ณ๐ฟ๐ฒ๐ฒ ๐ฐ๐๐๐๐ผ๐บ๐ถ๐๐ฒ๐ฑ ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐: http://bit.ly/3Y2bS5w
๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:
โข Market Performance (2016-2021)
โข Market Outlook (2022-2027)
โข Market Trends
โข Market Drivers and Success Factors
โข Impact of COVID-19
โข Value Chain Analysis
โข Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ฉ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ-
Wind Energy Market Research Report- https://www.openpr.com/news/2944656/wind-energy-market-share-size-cagr-7-76-outlook-growth
Interior Design Software Market Report- https://www.openpr.com/news/2934538/interior-design-software-market-size-is-projected-to-reach-us
Peripheral Artery Disease Market Research Report- https://www.openpr.com/news/2942438/peripheral-artery-disease-market-size-is-projected-to-reach-us
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐ฆ:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 |
Europe & Africa: +44-753-713-2163 |
Asia: +91-120-433-0800
๐๐ฏ๐ผ๐๐ ๐จ๐:
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.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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