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Niobium carbide is an extremely hard refractory ceramic material, commercially used in tool bits for cutting tools. It is usually processed by sintering and is a frequent additive as grain growth inhibitor in cemented carbides. It has the appearance of a brown-gray metallic powder with purple lustre.
LPI (LP Information)' newest research report, the "Niobium Carbide Industry Forecast" looks at past sales and reviews total world Niobium Carbide sales in 2022, providing a comprehensive analysis by region and market sector of projected Niobium Carbide sales for 2023 through 2029. With Niobium Carbide sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Niobium Carbide industry.
This Insight Report provides a comprehensive analysis of the global Niobium Carbide landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Niobium Carbide portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Niobium Carbide market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Niobium Carbide and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Niobium Carbide.
The global Niobium Carbide market size is projected to grow from US$ 43 million in 2022 to US$ 60 million in 2029; it is expected to grow at a CAGR of 60 from 2023 to 2029.
Global Niobium Carbide key players include H.C. Starck, Kennametal, Japan New Metals, etc. Global top three manufacturers hold a share over 35%.
Asia-Pacific is the largest production area, with a share about 40%, followed by North America and Europe, both have a share about 50 percent.
In terms of product, Niobium Carbide (99.5%) is the largest segment, with a share over 55%. And in terms of application, the largest application is Carbide Alloy, followed by Metallurgical Industry, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Niobium Carbide market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
- Niobium Carbide (99.0%)
- Niobium Carbide (99.5%)
Segmentation by application
- Carbide Alloy
- Coating Materials
- Metallurgical
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- H.C. Starck
- Kennametal
- Japan New Metals
- ESPI Metals
- Jiujiang Tanbre
- Zhuzhou Cemented Carbide Group
- ZhuZhou GuangYuan
- OTIC
- Jiujiang Zhongao
- Jiangxi King-Tan Tantalum
- Changsha Langfeng Metallic Material
- WHNM
Key Questions Addressed in this Report
What is the 10-year outlook for the global Niobium Carbide market?
What factors are driving Niobium Carbide market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Niobium Carbide market opportunities vary by end market size?
How does Niobium Carbide break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?