High Performance Alloys Market Analysis, Size, Application Analysis and Forecasts, 2012 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

High Performance Alloys Market Analysis, Market Size,

Application Analysis, Regional Outlook, Competitive

Strategies And Forecasts, 2012 To 2020

Industry Insights

High performance alloys market has been witnessing strong growth over the last few years on account

of increasing application in major end-use industries including aerospace, gas turbines, electronics and

oil & gas. High performance alloys have ability to sustain high temperature. Increasing high thermal

resistant materials demand in aerospace industry is anticipated to fuel the market growth over the next

six years.

High performance alloys demand is growing on account of its superior mechanical and chemical

properties including high tensile strength, inertness towards alkaline and resistance to heat & corrosion.

Increasing application scope of high performance alloys in gas turbines is anticipated to complement the

market growth in near future.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

In addition, high performance alloys are used in wind turbines owing to their high strength and design

flexibility. Growing wind energy industry owing to meet the required energy demand is likely to drive

the global high performance alloy market over the foreseeable period.

Product Insights

Non ferrous alloys have been witnessing strong growth over the last few years on account of increasing

demand from aerospace and gas turbines industry. Titanium and nickel which come under non-ferrous

alloys are used in the main gear box assembly of helicopter due to their high tensile strength and

modulus. However, volatile price of titanium alloys is expected to hamper the market growth in near

future.

Refractory alloys are mainly used in applications where material with high thermal stability is required.

Increasing demand for high...