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Global Corrosion Resistant Alloys Market 2018-2022

Global Corrosion Resistant Alloys Market 2018-2022

About Corrosion Resistant Alloys

Corrosion-resistant alloy is a combination of various metal materials such as nickel, cobalt, chromium, iron, titanium, aluminum, molybdenum, and others. It is used to provide long-term corrosion resistance from harsh environmental conditions. The high demand for corrosion-resistant alloys is from the aerospace, defense, automotive, and oil and gas industries.

Technavio’s analysts forecast the global corrosion resistant alloys market to grow at a CAGR of 6.97% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global corrosion resistant alloys market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Corrosion Resistant Alloys Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • AMG Advanced Metallurgical Group
  • CRS Holdings
  • ERAMET
  • HAYNES INTERNATIONAL
  • NIPPON STEEL & SUMITOMO METAL CORPORATION
  • Nippon Yakin Kogyo
Market driver
  • Growing shale gas exploration market
  • For a full, detailed list, view our report
Market challenge
  • Fluctuation in raw material prices
  • For a full, detailed list, view our report
Market trend
  • Increasing government spending on energy systems
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Corrosion Resistant Alloys Market 2018-2022

Technavio recognizes the following companies as the key players in the global corrosion resistant alloys market: AMG Advanced Metallurgical Group, CRS Holdings, ERAMET, HAYNES INTERNATIONAL, NIPPON STEEL & SUMITOMO METAL CORPORATION, and Nippon Yakin Kogyo.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing government spending on energy systems. The rise in the focus of the governments on the energy systems and research has fueled the growth in the global wind turbine market in the regions like North America and Europe. For instance, the US Department of Energy (DOE) had allocated more than $93.50 million in the FY2016 for the advances in the wind power technologies.”

According to the report, one driver in the market is growing shale gas exploration market. The demand for corrosion-resistant alloys is growing due to the advances in technologies such as hydraulic fracturing technique, which is used for extracting shale gas. The global shale gas market is expected to grow at CAGR of 14.7% during the forecast period. In recent years, shale gas is produced in China, Canada, and the US with its reserves present across the globe.

Further, the report states that one challenge in the market is fluctuation in raw material prices. Nickel, titanium, iron, chromium, cobalt, and molybdenum are some of the raw materials used in the manufacturing of corrosion-resistant alloys. The market is significantly dependent on the availability of these metals from the mining industry. The fluctuations in the prices of metals significantly impact the costs of the corrosion-resistant alloys.

Companies Mentioned

AMG Advanced Metallurgical Group, CRS Holdings, ERAMET, HAYNES INTERNATIONAL, NIPPON STEEL & SUMITOMO METAL CORPORATION, and Nippon Yakin Kogyo.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Related market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global corrosion-resistant alloys market- Market size and forecast 2017-2022 ($ millions)
      • Table Global corrosion-resistant alloys market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table End-user - Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Global corrosion-resistant alloys market by aerospace and defense
      • Table Global corrosion-resistant alloys market by aerospace and defense 2017-2022 ($ mn)
      • Table Global corrosion-resistant alloys market by aerospace and defense - Year-over-year growth 2018-2022 (%)
      • Table Global aerospace production 2016 (% share)
      • Table Military expenditure by region 2015 (% share)
    • Global corrosion-resistant alloys market by automotive
      • Table Global corrosion-resistant alloys market by automotive 2017-2022 ($ mn)
      • Table Global corrosion-resistant alloys market by automotive - Year-over-year growth 2018- 2022 (%)
    • Global corrosion-resistant alloys market by oil and gas
      • Table Global corrosion-resistant alloys market by oil and gas 2017-2022 ($ mn)
      • Table Global corrosion-resistant alloys market by oil and gas - Year-over-year growth 2018- 2022 (%)
      • Table Gulf of Mexico offshore production of crude oil 2010-2016 (thousand barrels per day)
    • Global corrosion-resistant alloys market by industrial machinery
      • Table Global corrosion-resistant alloys market by industrial machinery 2017-2022 ($ mn)
      • Table Global corrosion-resistant alloys market by industrial machinery - Year-over-year growth 2018-2022 (%)
    • Global corrosion-resistant alloys market by others
      • Table Global corrosion-resistant alloys market by others 2017-2022($ mn)
      • Table Global corrosion-resistant alloys market by others - Year-over-year growth 2018-2022 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • North America - Market size and forecast 2017- 2022
      • Table North America - Market size and forecast 2017-2022 ($ mn)
      • Table North America - Year-over-year growth 2018-2022 (%)
    • Europe - Market size and forecast 2017-2022
      • Table Europe - Market size and forecast 2017-2022 ($ mn)
      • Table Europe - Year-over-year growth 2018-2022 (%)
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ mn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Passenger car production in Asia: 2016
    • ROW - Market size and forecast 2017-2022
      • Table ROW - Market size and forecast 2017-2022 ($ mn)
      • Table ROW - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Growing investment in defense industry
    • Increasing government spending on energy systems
    • Growing medical tourism
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • AMG Advanced Metallurgical Group
      • Table Vendor overview
      • Table AMG Advanced Metallurgical Group - Business segments
      • Table AMG Advanced Metallurgical Group - Organizational developments
      • Table AMG Advanced Metallurgical Group - Geographic focus
      • Table AMG Advanced Metallurgical Group - Segment focus
      • Table AMG Advanced Metallurgical Group - Key offerings in corrosion-resistant alloys market
    • CRS Holdings
      • Table Vendor overview
      • Table CRS Holdings- Business segments
      • Table CRS Holdings- Organizational developments
      • Table CRS Holdings- Geographic focus
      • Table CRS Holdings- Segment focus
      • Table CRS Holdings- Key offerings in the global corrosion-resistant alloys market
    • ERAMET
      • Table Vendor overview
      • Table ERAMET- Business segments
      • Table ERAMET - Organizational developments
      • Table ERAMET - Geographic focus
      • Table ERAMET - Segment focus
      • Table ERAMET - Key offerings in corrosion-resistant alloys market
    • HAYNES INTERNATIONAL
      • Table Vendor overview
      • Table HAYNES INTERNATIONAL-Product segments
      • Table HAYNES INTERNATIONAL - Organizational developments
      • Table HAYNES INTERNATIONAL - Geographic focus
      • Table HAYNES INTERNATIONAL - Segment focus
      • Table HAYNES INTERNATIONAL - Key offerings in corrosion-resistant alloys market
    • NIPPON STEEL & SUMITOMO METAL CORPORATION
      • Table Vendor overview
      • Table NIPPON STEEL & SUMITOMO METAL CORPORATION - Business segments
      • Table NIPPON STEEL & SUMITOMO METAL CORPORATION - Organizational developments
      • Table NIPPON STEEL & SUMITOMO METAL CORPORATION - Geographic focus
      • Table NIPPON STEEL & SUMITOMO METAL CORPORATION - Segment focus
      • Table NIPPON STEEL & SUMITOMO METAL CORPORATION - Key offerings in corrosion-resistant
    • Nippon Yakin Kogyo
      • Table Vendor overview
      • Table Nippon Yakin Kogyo- Product segments
      • Table Nippon Yakin Kogyo - Organizational developments
      • Table Nippon Yakin Kogyo - Geographic focus
      • Table Nippon Yakin Kogyo - Segment focus
      • Table Nippon Yakin Kogyo - Key offerings in corrosion-resistant alloys market
  • Appendix
    • List of abbreviations
  • Explore Technavio

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