High Performance Alloys Market - Size, Share, Growth, Trends and Forecast, 2014 – 2020

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High Performance Alloys Market - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast,

2014 - 2020

Published Date

17-July-2014

94 Page Report

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High Performance Alloys Market Rising at 4.2% CAGR due to

their Ability to Perform Under High Pressure Conditions :

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High Performance Alloys Market

REPORT DESCRIPTION

High Performance Alloys Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast,

2014 - 2020

Rise of Low-cost Airlines to Propel Demand for High-performance Alloys

High-performance alloys are metal alloys with various metals and nonmetals designed to improve the physical

characteristics of the alloy. These alloys are designed with a particular purpose in mind, such as extending the

maximum temperature and pressure the substance can tolerate, making it resistant to application-specific

contaminants, and extending the amount of time the substance can operate at peak condition. High-performance

alloys also need to be malleable and ductile. Most metals usually lack one or more of these characteristics,

which necessitates the use of high-performance alloys.

High-performance alloys are mainly used in the aerospace, oil and gas, and chemical industries. These and other

application segments of the high-performance alloys industry are rising at a strong growth rate currently,

propelling the high-performance alloys market at a handsome growth rate. According to leading market analysis

firm Transparency Market Research, the global high-performance alloys market is expected to rise from a

valuation of US$6.8 bn in 2013 to close to US$9.1 bn in 2020, exhibiting a steady CAGR of 4.2% from 2014 to

2020.

Browse the full High Performance Alloys Market (Non-ferrous Alloys, Platinum Group Metal...