Global Niobium and Niobium Alloy Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Niobium and Niobium Alloy market size was valued at US$ 3298 million in 2024 and is forecast to a readjusted size of USD 5040 million by 2031 with a CAGR of 6.3% during review period.
Niobium is a chemical element with the symbol Nb and atomic number 41. Niobium is a rare, soft, forgeable, ductile gray-white metal that exists in mineral form. It has a body-centered cubic crystal structure and its physical and chemical properties are similar to those of tantalum. It must be placed in a protective atmosphere even when processed at moderate temperatures because it reacts easily with oxygen, carbon, halogens, nitrogen and sulfur. The metal is inert to acids, even to aqua regia, at room temperature, but is attacked by hot concentrated acids, especially alkalis and oxidants. Niobium iron is widely used as an additive in the steel industry, which can significantly improve the strength and toughness of steel. It is an indispensable and important metal in modern industry; niobium oxide has excellent chemical stability and high refractive index, and is widely used in electronics, optics and ceramics; niobium metal has a high melting point, low density, good corrosion resistance and excellent mechanical properties, and is widely used in aerospace, energy, electronics and chemical industries.
The main consumption areas of niobium metal are North America, Europe, China, Japan, India, South Korea and other countries and regions with heavy industrial development systems such as steel.
In terms of sales volume, China is currently the world's largest niobium sales country, accounting for 35.90% of the world in 2024. In terms of revenue, the Chinese market has developed steadily and expanded in the past few years. The market size in 2024 is US$1,148.02 million, accounting for about 35.82% of the world. It is expected to reach US$1,911.64 million in 2031, and the global share will reach 38.69% by then.
In terms of product types, niobium includes ferroniobium, niobium oxide, and niobium metal. Ferroniobium has excellent strengthening and stable grain structure characteristics. It is an important material for the production of microalloyed steel, heat-resistant steel and stainless steel. It is indispensable in the manufacture of high-performance steel. The market size in 2024 is US$2,832.65 million, accounting for about 88.38% of the world. It is expected to reach US$4,013.77 million in 2031, and the global share will drop to 81.23%. Niobium oxide and niobium metal have a growing global share due to their excellent properties and important application value.
From the perspective of product market application, the market size of structural steel in 2024 is US$1,346.26 million, accounting for about 42.00% of the world, and is expected to reach US$1,737.17 million in 2031, with the global share falling to 35.16%.
Currently, major global manufacturers include CBMM, CMOC Group and Niobec. Relying on rich niobium ore resources and cutting-edge niobium product technology, the leading manufacturer CBMM will account for 77.35% of the market share in 2024, and the niobium industry is highly concentrated.
This report is a detailed and comprehensive analysis for global Niobium and Niobium Alloy market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Niobium and Niobium Alloy market size and forecasts, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2020-2031
Global Niobium and Niobium Alloy market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2020-2031
Global Niobium and Niobium Alloy market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2020-2031
Global Niobium and Niobium Alloy market shares of main players, shipments in revenue ($ Million), sales quantity (Kilotons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Niobium and Niobium Alloy
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Niobium and Niobium Alloy market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include CBMM, CMOC, Niobec, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Niobium and Niobium Alloy market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Ferroniobium
Niobium Oxide
Niobium Metal
Market segment by Application
Structural Steel
Automotive Steel
Pipeline Steel
Stainless Steel
Other
Major players covered
CBMM
CMOC
Niobec
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Niobium and Niobium Alloy product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Niobium and Niobium Alloy, with price, sales quantity, revenue, and global market share of Niobium and Niobium Alloy from 2020 to 2025.
Chapter 3, the Niobium and Niobium Alloy competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Niobium and Niobium Alloy breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Niobium and Niobium Alloy market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Niobium and Niobium Alloy.
Chapter 14 and 15, to describe Niobium and Niobium Alloy sales channel, distributors, customers, research findings and conclusion.
Niobium is a chemical element with the symbol Nb and atomic number 41. Niobium is a rare, soft, forgeable, ductile gray-white metal that exists in mineral form. It has a body-centered cubic crystal structure and its physical and chemical properties are similar to those of tantalum. It must be placed in a protective atmosphere even when processed at moderate temperatures because it reacts easily with oxygen, carbon, halogens, nitrogen and sulfur. The metal is inert to acids, even to aqua regia, at room temperature, but is attacked by hot concentrated acids, especially alkalis and oxidants. Niobium iron is widely used as an additive in the steel industry, which can significantly improve the strength and toughness of steel. It is an indispensable and important metal in modern industry; niobium oxide has excellent chemical stability and high refractive index, and is widely used in electronics, optics and ceramics; niobium metal has a high melting point, low density, good corrosion resistance and excellent mechanical properties, and is widely used in aerospace, energy, electronics and chemical industries.
The main consumption areas of niobium metal are North America, Europe, China, Japan, India, South Korea and other countries and regions with heavy industrial development systems such as steel.
In terms of sales volume, China is currently the world's largest niobium sales country, accounting for 35.90% of the world in 2024. In terms of revenue, the Chinese market has developed steadily and expanded in the past few years. The market size in 2024 is US$1,148.02 million, accounting for about 35.82% of the world. It is expected to reach US$1,911.64 million in 2031, and the global share will reach 38.69% by then.
In terms of product types, niobium includes ferroniobium, niobium oxide, and niobium metal. Ferroniobium has excellent strengthening and stable grain structure characteristics. It is an important material for the production of microalloyed steel, heat-resistant steel and stainless steel. It is indispensable in the manufacture of high-performance steel. The market size in 2024 is US$2,832.65 million, accounting for about 88.38% of the world. It is expected to reach US$4,013.77 million in 2031, and the global share will drop to 81.23%. Niobium oxide and niobium metal have a growing global share due to their excellent properties and important application value.
From the perspective of product market application, the market size of structural steel in 2024 is US$1,346.26 million, accounting for about 42.00% of the world, and is expected to reach US$1,737.17 million in 2031, with the global share falling to 35.16%.
Currently, major global manufacturers include CBMM, CMOC Group and Niobec. Relying on rich niobium ore resources and cutting-edge niobium product technology, the leading manufacturer CBMM will account for 77.35% of the market share in 2024, and the niobium industry is highly concentrated.
This report is a detailed and comprehensive analysis for global Niobium and Niobium Alloy market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Niobium and Niobium Alloy market size and forecasts, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2020-2031
Global Niobium and Niobium Alloy market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2020-2031
Global Niobium and Niobium Alloy market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2020-2031
Global Niobium and Niobium Alloy market shares of main players, shipments in revenue ($ Million), sales quantity (Kilotons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Niobium and Niobium Alloy
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Niobium and Niobium Alloy market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include CBMM, CMOC, Niobec, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Niobium and Niobium Alloy market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Ferroniobium
Niobium Oxide
Niobium Metal
Market segment by Application
Structural Steel
Automotive Steel
Pipeline Steel
Stainless Steel
Other
Major players covered
CBMM
CMOC
Niobec
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Niobium and Niobium Alloy product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Niobium and Niobium Alloy, with price, sales quantity, revenue, and global market share of Niobium and Niobium Alloy from 2020 to 2025.
Chapter 3, the Niobium and Niobium Alloy competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Niobium and Niobium Alloy breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Niobium and Niobium Alloy market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Niobium and Niobium Alloy.
Chapter 14 and 15, to describe Niobium and Niobium Alloy sales channel, distributors, customers, research findings and conclusion.
Table of Contents
73 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Niobium and Niobium Alloy by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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