Product Code: r5413
“Metal Alloys Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on metal alloys market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
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- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
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Where is the largest and fastest growing market for metal alloys? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The metal alloys market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
- 1) By Material: Stainless Steel Alloys; Aluminum Alloys; Bronze Alloys; Nickel Alloys; Other Materials
- 2) By Process: Casting; Hot and Cold Rolling
- 3) By Application: Transportation; Construction; Packaging; Machinery; Electrical; Other Applications
- Companies Mentioned: Rusal; JSL Limited; POSCO; Western Metal Materials Co. Ltd.; Tsingshan Holding Group
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery Format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the metal alloys market are: Rusal, JSL Limited, POSCO, Western Metal Materials Co. Ltd., Tsingshan Holding Group, Shanxi Taigang Stainless Steel Co. Ltd., Baosteel Stainless teel Co.Ltd., Guangxi Beibu Gulf New Materials, VSMPO-AVISMA Corporation, Acerinox S.A., Aperam S.A., Thyssen Krupp, IHI Master Metal, Aubert & Duva, and Carpenter.
The global metal alloys market is expected to grow from $282.15 billion in 2022 to $300.03 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The metal alloys market is expected to grow to $375.83 billion in 2027 at a CAGR of 5.8%.
The metal alloys market consists of sales of magnesium alloy, superalloys, and other types. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Metal alloys refer to a mixture of one or more metals or metals with other non-metallic elements. It has more resistance and is utilized in electrical heating devices instead of pure metals because of its high melting point.
North America was the largest region in the metal alloys market in 2022. The regions covered in the metal alloys market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of metal alloys are stainless steel alloys, aluminum alloys, bronze alloys, nickel alloys, and other materials. Stainless steel is a corrosion-resistant alloy of iron, chromium, nickel, and other metals. The different processes include casting, and hot and cold rolling and are used in transportation, construction, packaging, machinery, electrical, and other applications.
Growth in the automotive industry is expected to propel the growth of the metal alloys market going forward. The automotive industry refers to industries associated with the production, retailing, wholesaling, and maintenance of motor vehicles. Metal alloys such as aluminum alloys are extensively used in the automotive industry for their favorable properties such as good durability, superior corrosion resistance, and improved maintenance. For instance, In April 2022, In a report published by European Automobile Manufacturers Association, in 2021, 79.1 million motor vehicles were produced worldwide, a 1.3% increase over 2020. Additionally, according to the Global EV Outlook 2021, consumers spent USD 120 billion on electric vehicle purchases in 2020, a 50% increase over 2019. As a result, the market for metal alloys is driven by the expansion of the automotive sector.
Product innovation is a key trend gaining popularity in the metal alloy market. Major companies operating in the market are introducing new products to strengthen their position in the metal alloys market, For instance, in April 2022, The National Aeronautics and Space Administration (NASA), an independent US federal agency, developed a new metal alloy that is 1,000 times better lasting than the components used in today's aircraft and spacecraft. The alloy, dubbed GRX-810, has the potential to revolutionize space travel because it can withstand far harsher conditions than existing materials used in rocket engines. The new material is an oxide dispersion strengthened alloy (ODS) with nanoscale oxides embedded throughout to improve the alloy's durability and high-temperature resistance. To get the right combination, the new alloy's composition was created using computational models to simulate the thermodynamic performance of the material, which was then 3D printed.
In December 2021, Vedanta, an Indian multinational mining company, acquired Nicomet for an undisclosed amount. Through this acquisition, Vedanta becomes the only nickel producer in the country. The Nicomet acquisition aligns with Vedanta's ESG mission and support India's carbon neutrality goals. Nicomet is an India-based producer of high-quality metal alloy.
The countries covered in the metal alloys market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The metal alloys market research report is one of a series of new reports from The Business Research Company that provides metal alloys market statistics, including metal alloys industry global market size, regional shares, competitors with a metal alloys market share, detailed metal alloys market segments, market trends and opportunities, and any further data you may need to thrive in the metal alloys industry. This metal alloys market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Table of Contents
1. Executive Summary
2. Metal Alloys Market Characteristics
3. Metal Alloys Market Trends And Strategies
4. Metal Alloys Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Metal Alloys Market
- 4.2. Ukraine-Russia War Impact On Metal Alloys Market
- 4.3. Impact Of High Inflation On Metal Alloys Market
5. Metal Alloys Market Size And Growth
- 5.1. Global Metal Alloys Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Metal Alloys Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Metal Alloys Market Segmentation
- 6.1. Global Metal Alloys Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Stainless Steel Alloys
- Aluminum Alloys
- Bronze Alloys
- Nickel Alloys
- Other Materials
- 6.2. Global Metal Alloys Market, Segmentation By Process, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Casting
- Hot & Cold Rolling
- 6.3. Global Metal Alloys Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Transportation
- Construction
- Packaging
- Machinery
- Electrical
- Other Applications
7. Metal Alloys Market Regional And Country Analysis
- 7.1. Global Metal Alloys Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Metal Alloys Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Metal Alloys Market
- 8.1. Asia-Pacific Metal Alloys Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Metal Alloys Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Metal Alloys Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Metal Alloys Market
- 9.1. China Metal Alloys Market Overview
- 9.2. China Metal Alloys Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Metal Alloys Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Metal Alloys Market
- 10.1. India Metal Alloys Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Metal Alloys Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Metal Alloys Market
- 11.1. Japan Metal Alloys Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Metal Alloys Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Metal Alloys Market
- 12.1. Australia Metal Alloys Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Metal Alloys Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Metal Alloys Market
- 13.1. Indonesia Metal Alloys Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Metal Alloys Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Metal Alloys Market
- 14.1. South Korea Metal Alloys Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Metal Alloys Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Metal Alloys Market
- 15.1. Western Europe Metal Alloys Market Overview
- 15.2. Western Europe Metal Alloys Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Metal Alloys Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Metal Alloys Market
- 16.1. UK Metal Alloys Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Metal Alloys Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Metal Alloys Market
- 17.1. Germany Metal Alloys Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Metal Alloys Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Metal Alloys Market
- 18.1. France Metal Alloys Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Metal Alloys Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Metal Alloys Market
- 19.1. Eastern Europe Metal Alloys Market Overview
- 19.2. Eastern Europe Metal Alloys Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Metal Alloys Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Metal Alloys Market
- 20.1. Russia Metal Alloys Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Metal Alloys Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Metal Alloys Market
- 21.1. North America Metal Alloys Market Overview
- 21.2. North America Metal Alloys Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Metal Alloys Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Metal Alloys Market
- 22.1. USA Metal Alloys Market Overview
- 22.2. USA Metal Alloys Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Metal Alloys Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Metal Alloys Market
- 23.1. South America Metal Alloys Market Overview
- 23.2. South America Metal Alloys Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Metal Alloys Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Metal Alloys Market
- 24.1. Brazil Metal Alloys Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Metal Alloys Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Metal Alloys Market
- 25.1. Middle East Metal Alloys Market Overview
- 25.2. Middle East Metal Alloys Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Metal Alloys Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Metal Alloys Market
- 26.1. Africa Metal Alloys Market Overview
- 26.2. Africa Metal Alloys Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Metal Alloys Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Metal Alloys Market Competitive Landscape And Company Profiles
- 27.1. Metal Alloys Market Competitive Landscape
- 27.2. Metal Alloys Market Company Profiles
- 27.2.1. Rusal
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. JSL Limited
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. POSCO
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Western Metal Materials Co. Ltd.
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Tsingshan Holding Group
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Metal Alloys Market
29. Metal Alloys Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer