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Global Niobium Market 2017-2021

Global Niobium Market 2017-2021

About Niobium Market

Niobium is a shiny grey, ductile metal with a chemical symbol Nb and an atomic number 41. It belongs to group 5 and period 4 in the periodic table. Like tantalum, it is one of the refractory metals. It is valued for its unique chemical properties, including its heat and wear resistance and inert nature. It has a high melting point of 4,474 °F and a boiling point of 2,719°F. It is mainly added as an alloying element in the form of ferroniobium (FeNb) to steel.

Technavio’s analysts forecast the global niobium market to grow at a CAGR of 7.66% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global niobium market for 2017-2021. 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
  • Europe
  • MEA
Technavio's report, Global Niobium Market 2017-2021, 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
  • Advanced Metallurgical Group
  • Anglo American
  • CBMM
  • Magris Resources
  • Global Advanced Metals
Other prominent vendors
  • Admat
  • Alkane Resources
  • Changsha South Tantalum Niobium
  • Dneprovsky Special Tubes Plant
  • Grandview Materials
  • Taseko
  • TITAN Metal Fabricators
Market driver
  • Increase in steel production
  • For a full, detailed list, view our report
Market challenge
  • Difficulties in niobium processing
  • For a full, detailed list, view our report
Market trend
  • Growing market of niobium superalloys for land-based turbines
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 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 Niobium Market 2017-2021

Technavio recognizes the following companies as the key players in the global niobium market: Advanced Metallurgical Group, Anglo American, CBMM, Magris Resources, and Global Advanced Metals.

Other Prominent Vendors in the market are: Admat, Alkane Resources, Changsha South Tantalum Niobium, Dneprovsky Special Tubes Plant, Grandview Materials, Taseko, and TITAN Metal Fabricators.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing market of niobium superalloys for land-based turbines. Land-based turbines for electricity generation are gradually becoming essential as the efficiencies of these machines are being elevated to acceptable levels (55%-57%) by increasing operating temperatures. To solve problems related to the exposure of materials to high temperatures, engine manufacturers are using Inconel 706 and Inconel 718 superalloys as popular solutions.”

According to the report, one driver in the market is increase in steel production. The increase in steel production will significantly impact the demand for niobium. The major industries driving the steel market are the automotive, construction, household appliances, and mechanical machinery industries. During 2013-2015, the construction industry emerged as the largest consumer of steel among these industries, accounting for more than 50% of the steel output. It was followed by the automotive industry, which was the second-largest consumer of steel. The global production of crude steel increased by 0.16% in 2016, with renewed expansion in the US and Europe balancing a second successive year of reduction in steel production in China.

Further, the report states that one challenge in the market is difficulties in niobium processing. Niobium processing can be difficult because the minerals are heavy, brittle, and usually highly intergrown with sulfide and other oxide minerals. Depending on the grain size and textural properties, different separation techniques can be used to concentrate niobium minerals. The techniques include grinding, regular or high-intensity magnetic separation, conventional and centrifugal gravity separation, and advanced flotation techniques.

Companies Mentioned

Advanced Metallurgical Group, Anglo American, CBMM, Magris Resources, Global Advanced Metals, Admat, Alkane Resources, Changsha South Tantalum Niobium, Dneprovsky Special Tubes Plant, Grandview Materials, Taseko, and TITAN Metal Fabricators.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Properties of tantalum and niobium
      • Table Applications of niobium products
      • Table Material and product flow
  • Market landscape
    • Market size and forecast
      • Table Global niobium market 2016-2021 (thousand metric tons)
      • Table Global niobium reserves (thousand metric tons)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by source
    • Global niobium market by source
      • Table Global niobium market by source 2016 (% share)
      • Table Global niobium market by source 2021 (% share)
    • Global pyrochlore market for niobium
      • Table Global pyrochlore market for niobium 2016-2021 (thousand metric tons)
    • Global columbite market for niobium
      • Table Global columbite market for niobium 2016-2021 (thousand metric tons)
    • Global market for other niobium sources
      • Table Global market for other niobium sources 2016-2021 (thousand metric tons)
  • Market segmentation by end market
    • Global niobium market by end market
      • Table Global niobium market by end market 2016 (% share)
      • Table Global niobium market by end market 2021 (% share)
    • Global niobium consumption in HSLA steel market
      • Table Global niobium consumption in HSLA steel market 2016-2021 (thousand metric tons)
      • Table Applications of HSLA steel 2016 (% share)
    • Global niobium consumption in superalloy market
      • Table Global niobium consumption in superalloy market 2016-2021 (thousand metric tons)
    • Global niobium consumption in superconductor market
      • Table Global niobium consumption in superconductor market 2016-2021 (thousand metric tons)
      • Table Major applications of superconductors
    • Global niobium consumption in other end markets
      • Table Global niobium consumption in other end markets 2016-2021 (thousand metric tons)
  • Market segmentation by end product
    • Global niobium market by end product
      • Table Global niobium market by end product 2016 (% share)
      • Table Global niobium market by end product 2021 (% share)
    • Global niobium market by HSLA FeNb
      • Table Global niobium market by HSLA FeNb 2016-2021 (thousand metric tons)
    • Global niobium market by Nb chemicals
      • Table Global niobium market by Nb chemicals 2016-2021 (thousand metric tons)
    • Global niobium market by vacuum grade FeNb
      • Table Global niobium market by vacuum grade FeNb 2016-2021 (thousand metric tons)
    • Global niobium market by niobium alloys
      • Table Global niobium market by niobium alloys 2016-2021 (thousand metric tons)
    • Global niobium market by niobium metals
      • Table Global niobium market by niobium metals 2016-2021 (thousand metric tons)
  • Regional landscape
    • Geographical segmentation
      • Table Global niobium market by region: Market size & forecast 2016-2021 (% share)
    • Regional comparison
      • Table Regional comparison
    • Niobium market in APAC
      • Table Niobium market in APAC - market size & forecast 2016-2021 (thousand metric tons)
      • Table Niobium market in APAC - Year-over-year growth 2017-2021
    • Niobium market in Americas
      • Table Niobium market in Americas - market size & forecast 2016-2021 (thousand metric tons)
      • Table Niobium market in Americas - Year-over-year growth 2017-2021
    • Niobium market in Europe
      • Table Niobium market in Europe - market size & forecast 2016-2021 (thousand metric tons)
      • Table Niobium market in Europe - Year-over-year growth 2017-2021
    • Niobium market in MEA
      • Table Niobium market in MEA - market size & forecast 2016-2021 (thousand metric tons)
      • Table Niobium market in MEA - Year-over-year growth 2017-2021
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global steel market production 2016-2021 (billions oftons)
      • Table Global commercial air fleet production 2016-2021 (units)
    • Market challenges
  • Market trends
    • Growing market of niobium superalloys for landbased turbines
    • Advances in high-performance electroceramics
    • Emerging capacitor technologies
  • Vendor landscape
    • Competitive landscape
      • Table Major mining companies in the world 2016 (% share)
    • Major market vendors
      • Table Global niobium market: Major vendors
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Advanced Metallurgical Group
      • Table Advanced Metallurgical Group: Business segmentation by revenue 2016 (% share)
    • Anglo American
      • Table Anglo American: Business segmentation by revenue 2016 (% share)
      • Table Anglo American: Geographical segmentation by revenue 2016 (% share)
    • CBMM
    • Magris Resources
    • Global Advanced Metals
  • Appendix
    • List of abbreviations
  • Explore Technavio

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