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Transparency Market
Research
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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Press Release
High Performance Alloys Market Rising at 4.2% CAGR due to
their Ability to Perform Under High Pressure Conditions :
TMR
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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...