High Performance Alloys Market - Trends, Outlook, and Opportunity Analysis, 2015 - 2022

Global high performance alloys market is estimated at $7.51 billion in 2015 and is projected treach $10.73 billion by 2022 growing at a CAGR of 5.22% from 2015 t2022. Increasing demand from aerospace and automotive industry, rising demand for value-added products and rapid growth in emerging regions are some of the factors driving the market growth. Furthermore, technological advancements and increasing number of applications would further augment the market growth. However, high initial cost and high raw material costs are hampering the market growth. The rapid industrialization in emerging regions such as Asia Pacific, Middle East and Latin America are anticipated tboost the demand of high performance alloys in future.

Request a sample copy of Report @ http://www.orbisresearch.com/contacts/request-sample/184674

The ability twithstand high temperature and high pressure conditions are boosting the market for aluminium alloys. Furthermore, aluminium and titanium alloys are being used in aerospace and automotive industries, treduce weight and increase fuel efficiency. Non-ferrous alloys are the highest revenue-generating segment owing tits extensive use in many end user industries. However, refractory alloys segment would witness a significant growth during the forecast period. In 2015, aerospace accounted for approximately 55% of the global market share.

North America is anticipated tbe the largest market for high performance alloys market due tpresence of manufacturing giants, and well established aerospace industry. However, Asia Pacific is expected twitness highest growth on account of rapid industrialization and expanding end user industries in countries such as China, Japan and India.

Some of the key players in global high performance alloys market include, Hitachi Metals Ltd., Carpenter Technology, Alcoa Inc., Timken Company, RTI International Metals, Haynes International Inc., Aperam SA, ThyssenKrupp AG, Outokumpu, Allegheny Technologies Inc., Precision Castparts Corp. and VSMPO-Avisma Corporation.

Browse Full Report with TOC@ http://www.orbisresearch.com/reports/index/high-performance-alloys-global-market-outlook-2015-2022

Materials Covered:
Aluminum
Magnesium
Titanium
Other Materials

Alloy Types Covered:
Cast Aluminum Alloy
Wrought Aluminum Alloy

Products Covered:
Refractory Metal Alloys
Non-Ferrous Alloys
Superalloys
Platinum Group Alloys
Other Products

Applications Covered:
Aerospace
Automotives
Electrical & Electronics (E&E)
Industrial
Oil & gas
Other Applications

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

Enquiry Before buying Report@ http://www.orbisresearch.com/contacts/enquiry-before-buying/184674

About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customised reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialisation. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Contact Us:
Hector Costello
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas – 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +912064101019
Email ID: sales@orbisresearch.com

This release was published on openPR.