Global High-Performance Alloys Market Research Report 2019 (Includes Business Impact of COVID-19)

                                          
"The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the High-Performance Alloys market.

Trusted Business Insights is tracking mining/oil and gas, transportation, employment services, travel arrangements, and the leisure and hospitality sector closely as they are likely to be the hardest-hit sectors. Utilities, local pharma, diagnostics, consumer goods and durables, agro chem and fertilizers, and telecommunications are the sectors that will be weathering the COVID-19 storm and most likely come out relatively unscathed. Interdependencies of sectors are factored in our research report on the High-Performance Alloys market."
The superior chemical and mechanical properties, resistance to heat and corrosion, high tensile strength, and inertness towards alkaline chemicals are some of the key properties that have increased the applications of high-performance alloys across several end-user industries including aerospace, electronics, oil and gas, and gas turbines. These characteristics help in extending the life cycle of the equipment that are made using these materials. High-performance alloys also offer improved heat and sound insulation. They contribute to minimise weight and increase fuel efficiency, and are easy to handle, design, shape, and repair.
The demand for high performance alloys is expected to be high in the aerospace industry. This is because, manufacturing aircrafts require materials that operate at elevated temperatures. High performance alloys provide resistance against fatigue load, creep, heat, crack, and corrosion. They also offer superior mechanical strength. High performance alloys are also used in the manufacturing of gas turbines, which find applications in marine propulsion, commercial and military aircraft, and power generation. This is because gas turbines need materials that offer high tensile strength and excellent fatigue and corrosion resistance, which high performance alloys provide. Moreover, the demand for alloys is also high from the automotive industry. Engine components such as pistons, brake calipers, valve guides, and chassis are made from high performance alloys.
High performance alloys face challenges in the manufacturing process. They generate heat during machining and this accumulated high temperature interferes with the cutting process of the alloys, causing them to be damaged or deformed. Additionally, the shapes of parts of high performance alloys make them difficult to be held securely for machining. The finishing operations and the floor space required for machining, add to the cost of these alloys, states a TMR analyst. The increased cost of high performance alloys is leading to a higher preference for conventional alloys.

The global High-Performance Alloys market is valued at 7390 million US$ in 2018 is expected to reach 10600 million US$ by the end of 2025, growing at a CAGR of 4.6% during 2019-2025.
This report focuses on High-Performance Alloys volume and value at global level, regional level and company level. From a global perspective, this report represents overall High-Performance Alloys market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    Alcoa
    ATI
    Haynes
    Special Metals
    Aperam
    Carpenter Technology
    ...

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Stainless Steels
    Nickel & Cobalt
    Magnesium
    High Strength Steels
    Titanium

Segment by Application
    Aerospace
    Industrial
    Automotive
    Oil and Gas