Global Superalloys Technologies, Applications, and Markets Report 2017-2021 - Research and Markets
The "Superalloys:
Technologies, Applications, and Global Markets" report has been
added to Research and Markets' offering.
The global superalloy market reached $5.2 billion in 2015. This market
is expected to increase from nearly $5.6 billion in 2016 to $7.7 billion
in 2021 at a compound annual growth rate (CAGR) of 6.6% for 2016-2021.
This report provides a global overview of the market for superalloys,
with breakdowns by region and by major technology. The goal in
conducting this study was to assess and describe the current status and
potential growth of the worldwide use of superalloys, and associated
markets.
Several key factors are currently influencing superalloy production and
associated markets, across a variety of applications. Continued
advancement of the global air travel industry, both for cargo and
personal transit, is enabling major airlines to upgrade their fleets to
newer, more energy efficient planes sporting modernized, superalloy
containing engines.
Industrial and power generation applications market is expected to grow
from $2.3 billion in 2016 to nearly $3.4 billion in 2021 at a CAGR of
7.7% from 2016 through 2021.
In the power generation industry, new deployments of gas turbines and
repowering of older technologies such as coal with natural gas supports
advancement in these markets, both for gas and steam turbines. Global
advances in industrial production are also driving the increased use of
superalloys in that category, while volatility in the oil and gas
industry may be calming down with oil prices that are approaching
increased stability.
Finally, automotive technologies are continuing to advance, especially
surrounding increased fuel efficiency, which is driving the use of
superalloys in that category.
Transportation applications market is expected to grow from $3.2 billion
in 2016 to nearly $4.3 billion in 2021 at a CAGR of 5.7% from 2016
through 2021.
Key Topics Covered:
Chapter 1: Introduction
Chapter 2: Summary and Highlights
Chapter 3: Overview
Chapter 4: Aircraft Jet Engines
Chapter 5: Power Generation
Chapter 6: Industrial Processes
Chapter 7: Oil and Gas Extraction Applications
Chapter 8: Automotive Applications
Chapter 9: Global Superalloy Market Summary
Chapter 10: Industry and Trends
Chapter 11: Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/tgtb38/superalloys
View source version on businesswire.com: http://www.businesswire.com/news/home/20170714005136/en/
Copyright Business Wire 2017
Source: Business Wire
(July 14, 2017 - 4:31 AM EDT)
News by QuoteMedia
www.quotemedia.com