Tantalum Market - Global Industry Analysis 2019
Download Free exclusive Sample of this report: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2230
The main application of tantalum is in the electronics industry where it is employed in manufacturing capacitors and high power resistors. In this application, tantalum has to compete with low cost ceramic and aluminum capacitors. As a result tantalums’ use is mostly limited to high end capacitors where stability and high volumetric capacity is of paramount importance. Other electronic applications of tantalum are sputtering targets and target acoustic wave filters. Apart from that tantalum finds application in medical devices, chemical processing and manufacturing of super alloys. Tantalum-oxide is used in camera lenses as well as X-ray equipments, while tantalum carbide is used to manufacture cutting tools.
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.
Browse Full Report with ToC: http://www.transparencymarketresearch.com/tantalum-market.html
Most of the tantalum that is mined globally comes from Africa, where the largest resource of tantalum is present. Tantalum is widely available in Central Africa as well as other parts of the region. Countries such as Rwanda, Ethiopia, Mozambique, Nigeria, Gabon, Zimbabwe and Namibia have huge tantalum deposits and cumulatively account for over 50% of the global production. Tantalum is also abundant in the Democratic Republic of Congo, and the metal from DRC is called conflict tantalum, as the metal mined in the conflict region is sold to perpetuate warfare. A ban on importing or trading conflict metals has been imposed, which is expected to hurt the Central African economy and the local people. The blanket ban is also expected to affect other regions of Africa which are not conflict zones. Other than Africa, tantalum is mined in South American countries such as Brazil and Argentina; European countries such as Germany and Austria; and Asian countries such as Australia, Japan, Thailand and China. The mining of tantalum in North America is almost negligible; however mining activities are expected to commence in the near future. The Central African crisis and ban on tantalum imports are expected to drive demand from the Asia Pacific and South American countries.
Some of the restraints of this market are the demand supply imbalance due to the ban on Central African imports and price fluctuation of tantalum ores in different mining locations. For instance, the price of tantalum imported from South America is slightly lower as compared to the mineral mined in Australia. Supply chain and inventory are some of the other concerns for end use industries. However, long term supply agreements are expected to substantially reduce the price compared to spot rates and also guarantees supply.
Some of the top tantalum producing companies are Talison Minerals Pty Ltd., Cabot Corp., China Minmetals Corp., and Ethiopia Mineral Development Share Company among others. Some of the top tantalum producing mines are located at Wodgina, Greenbushes, Nanping and Kenticha among others.
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
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 Tantalum Market - Global Industry Analysis 2019 here
News-ID: 400018 • Views: 468
More Releases from TMR-Research Report
Battery Recycling Market Evolving Industry Trends and key Insights by 2024
The vendor landscape of the global market for battery recycling is highly competitive, features a large number of raw material suppliers (used batteries), and is expected to become further competitive as battery manufacturers themselves enter the business through forward integration, observes a recent report by Transparency Market Research. Companies are resorting to the use of advanced technologies for core processes such as smelting and battery sorting and collaborating with niche
Terminal Block Market is expected to rise at a remarkable CAGR By 2024.
A terminal block is defined as an electric connector in which the wires are clamped down to the metal part by a screw. It allows more than one circuit to connect to another and often contains two long aluminum or copper strips designed to link different components. These strips create a bus bar for power distribution which is sent to the connected components. Terminal blocks are modular, insulated blocks which
Power Rental Market - Positive Long-Term Growth Outlook 2019
Power rental systems cater to the needs of numerous industries during periods of power suspension. During such periods, the power rental units provide back-up systems to keep operations running. Emerging economies and high population rates require more power supply each day. By 2030, the electricity demand worldwide will double at an annual rate of 2.4%, according to the findings of IAEA (International Atomic Energy Agency). Augmenting levels of urbanization all over
Diet Water Market - Global Industry Growth and Trends by 2024
Global Diet Water Market: Overview Vast uncertainties continue to remain regarding the actual health benefits of diet water owing to the lack of evidence and a small product portfolio. Nevertheless, the budding market for diet water is expected to become one of the core segment of the global bottled water market in the next few years. Key drivers being the vast rise in world’s obese population and the increased efforts from
More Releases for Africa
Energy Drinks in South Africa
ReportsWorldwide has announced the addition of a new report title Energy Drinks in South Africa to its growing collection of premium market research reports. Energy Drinks in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the
Meat in South Africa 2017
ReportsWorldwide has announced the addition of a new report title Meat in South Africa 2017 to its growing collection of premium market research reports. Meat in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential
14th Africa Independents Forum
The 14th Africa Independents Forum 2016, 25-26th May, gathers together leading independents and corporate players worldwide and from across Africa, both listed and unlisted, large and small, established and new entrants, and provides enhanced exposure to the wider Africa-wide upstream industry in oil, and gas, exploration and development, including issues in crude oil and financial markets, engaging equity financiers, banks, private equity and investors found on the AIM and LSE,
Vizocom Selects iSAT Africa as Its Africa C-band Partner
Vizocom, a leading global provider of satellite services, announced today that it has signed a partnership agreement with iSAT Africa to cooperate in providing satellite services and solutions. Sharjah, UAE, March 02, 2016 -- Vizocom, a leading global provider of satellite services, announced today that it has signed a partnership agreement with iSAT Africa to cooperate in providing satellite services and solutions such as data solutions including C-band VSAT services and
23rd Africa Oil Week
While the African Continent continues to attract a steady stream of oil and gas commitments in its fast-growing oil, gas-LNG and energy industry, our landmark Africa Oil Week 2016 event will again showcase Africa’s Governments, National Oil Companies, Licensing Agencies and corporate players shaping the continent’s future – in exploration and production/development, across new frontiers and established basins; onshore in the Rifts and offshore in the shelf and deep-water, providing
Avnet extends its Africa focus
Avnet Technology Solutions, the solutions distribution leader and an operating group of Avnet, Inc. (NYSE: AVT), has extended its focus on the fast growing African region by investing heavily in the resources with a dedicated team of highly skilled sales, technical, financial and marketing professionals to expand its footprint across the continent. Avnet is also expanding its portfolio of products, solutions and services for solution providers on the African continent. A