Strategies: China Superalloy Industry Report, 2014-2017

Global and China Superalloy Industry 2014 Market Trend, Size, Share, Growth and Forecast 2017: Industry Analysis, Overview, Research and Development - MarketResearchReports.Biz - http://www.marketresearchreports.biz/analysis/225841

A superalloy is an alloy that, generally with iron, nickel, and cobalt as its base alloying element, can resist corrosion and oxidation at a high temperature of some 600℃ and can work for a long period of time under a certain stress. It is mainly applied in many fields such as aerospace engines, industrial gas turbines and auto turbochargers. And the superalloy used in aerospace engines occupied approximately 50% of the total engine weight.

In 2009, the demand for superalloy in China reached about 10,000 tons, and this figure went up to nearly 20,000 tons in 2014, with a CAGR of 14.9%. Over the same period, the superalloy output showed a moderate growth, from 8,000 tons in 2009 to 13,000 tons in 2014. There is a growing trend toward the widening gap in supply and demand, and many high-end superalloys have to be relied on imports.

In future, superalloy in China will enjoy rapid growth mainly due to the two below: first, the demand from aircraft engines for superalloy will rise significantly with the maturity of the technologies. In view of the process of China-made large aircraft projects, the year 2007 will constitute the fast-growing period of the demand for Chinese superalloys in this field; second, the output and sales volume of automobiles in China are expected to continue to rise as the unit usage of superalloys keeps increasing. And the demand for superalloys from automobile engines will maintain rapid growth.

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At present, there are no more than 50 superalloy producers around the globe, which are mainly concentrated in the countries like the...