Global Superalloy Honeycomb Materials Market Size, Trends & Growth Opportunity, By Material Type(Nickel, Stainless Steel, and Others), By Application (Aerospace & Defense, Automation, Construction Power, and Others), By Region and Forecast till 2027
Report ID : IR100346 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 244
Global Superalloy Honeycomb Materials Market Size, Trends & Growth Opportunity, By Material Type(Nickel, Stainless Steel, and Others), By Application (Aerospace & Defense, Automation, Construction Power, and Others), By Region and Forecast till 2027
Global Superalloy Honeycomb Materials Market
The global Superalloy Honeycomb Materials market was valued at US$ 1.6 billion in 2021 and it is expected to reach at US$ 2.7 billion in 2027 at a CAGR of 7.6% during forecast period 2022-2027.
Superalloy are known as high temperature alloys, as they maintain their toughness and strength at elevated temperature. Superalloy honeycomb materials possess properties like mechanical strength, significant surface stability, creep resistance, and corrosion & oxidation resistance at high temperature. Rise in demand for these materials in aviation and automotive industries will drive the market growth in near future.
Market Drivers
Increase in demand for superalloy honeycomb material in aerospace & defense industry is considered as key deriving factor which is expected to boost the global superalloy honeycomb materials market growth. Furthermore, increase in the replacement of ageing air craft has led to boost in new aircraft manufacturing which is expected to positively contribute the growth of global superalloy honeycomb materials market. Moreover, rise in space and aviation activities across the globe will fuel the market growth. These materials are widely applied in automotive, aerospace & defense, construction, and marine industries as they offer remarkable mechanical properties and are lightweight thus conserving fuel and minimizing the weight of marine vehicle.
Market Restraints
However, high cost of base materials used for developing the superalloys is the major challenging factor which is expected to hinder the global superalloy honeycomb materials market growth.
COVID19 Impact
With the outbreak of covid-19 the market impacted adversely due to several restriction and
lockdown imposed by government, Automotive ,aerospace giants resumed the operations,the companies have to work with limited workforce due to this supply chain and production disrupted.additionally due to restriction on travel the delivery of new aircraft is suspended.
Recent Development
Advancement in military aircraft and India Brand Equity Foundation driven by propelling the demand for advanced infrastructure in aerospace & defense market and favorable government policies.. As per the Airbus press release 2022 and International Civil Aviation Organization (ICAO), to meet growing demand, the world will require around 35,000 new-build passengers and freighter aircraft by 2030 i.e volume should be double.
Market Segmentation
Global Superalloy Honeycomb Materials Market is segmented into material type such as Nickel, Stainless Steel, and Others. Further, market is segmented into application such as Aerospace & Defense, Automation, Construction, Power and Others.
Also, Global Superalloy Honeycomb Materials Market is segmented into five regions North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Oerlikon Metco, Allegheny Technologies, Inc, Haynes International, Hamilton Precision Metals, Quality Honeycomb, Allegheny Technologies, Inc, Forged Solutions Group, Gas Turbine, LLC, and Forged Solutions Group
Market Taxonomy
By Material Type
• Nickel
• Stainless Steel
• Others
By Application
• Aerospace & Defense
• Automotive
• Construction
• Power
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Superalloy Honeycomb Materials Market?
• What will be the growth rate from 2022to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?
Global Superalloy Honeycomb Materials Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Superalloy Honeycomb Materials Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Superalloy Honeycomb Materials Market, By Material Type
5.1 Y-o-Y Growth Comparison, By Material Type
5.2 Global Superalloy Honeycomb Materials Market Share Analysis, By Material Type
5.3 Global Superalloy Honeycomb Materials Market Size and Forecast, By Material Type
5.3.1 Nickel
5.3.2 Stainless Steel
5.3.3.Others
6 Global Superalloy Honeycomb Materials Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Superalloy Honeycomb Materials Market Share Analysis, By Application
6.3 Global Superalloy Honeycomb Materials Market Size and Forecast, By Application
6.3.1 Aerospace & Defense
6.3.2 Automotive
6.3.3 Construction
6.3.4 Power
6.3.5Others
7Global Superalloy Honeycomb Materials Market, By Region
7.1 Global Superalloy Honeycomb Materials Market Share Analysis, By Region
7.2 Global Superalloy Honeycomb Materials Market Share Analysis, By Region
7.3 Global Superalloy Honeycomb Materials Market Size and Forecast, By Region
8North America Superalloy Honeycomb Materials Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Superalloy Honeycomb Materials Market Share Analysis, By Material Type
8.3 North America Superalloy Honeycomb Materials Market Size and Forecast, By Application
8.4 North America Superalloy Honeycomb Materials Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9Europe Superalloy Honeycomb Materials Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Superalloy Honeycomb Materials Market Share Analysis, By Material Type
9.3 Europe Superalloy Honeycomb Materials Market Size and Forecast, By Application
9.4 Europe Superalloy Honeycomb Materials Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10Asia Pacific Superalloy Honeycomb Materials Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Superalloy Honeycomb Materials Market Share Analysis, By Material Type
10.3 Asia Pacific Superalloy Honeycomb Materials Market Size and Forecast, By Application
10.4 Asia Pacific Superalloy Honeycomb Materials Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11Latin America Superalloy Honeycomb Materials Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Superalloy Honeycomb Materials Market Share Analysis, By Material Type
11.3 Latin America Superalloy Honeycomb Materials Market Size and Forecast, By Application
11.4 Latin America Superalloy Honeycomb Materials Market Size and Forecast, By Country
12Middle East Superalloy Honeycomb Materials Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Superalloy Honeycomb Materials Market Share Analysis, By Material Type
12.3 Middle East Superalloy Honeycomb Materials Market Size and Forecast, By Application
12.4 Middle East Superalloy Honeycomb Materials Market Size and Forecast, By Country
13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
15.1 Oerlikon Metco
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Allegheny Technologies, Inc
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Haynes International
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Hamilton Precision Metals
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Quality Honeycomb
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Allegheny Technologies, Inc
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Forged Solutions Group
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Gas Turbine, LLC
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Forged Solutions Group
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies