Global Niobium Market By Type Overview
Niobium is one of the most necessary and important metals. Niobium, a ductile, soft grey, ductile transition metal, is used as a micro-alloying element. Over 80% of the niobium manufactured is used as a micro-alloying element in steel and the element is used in small amounts in steel production, which accounts for only about one in every 10,000 atoms in steel. The resulting booming infrastructure activities in the oil and gas pipeline industry, automotive industry, and construction improvements the demand for niobium is increasing in the region. Global Niobium Market accounted for 126.34 kilo ton in 2020 which is estimated to be 194.95 kiloton by 2030 and is anticipated to register a CAGR of 4.50%.
Global Niobium Market By Type Dynamics
Higher steel strength use for the stronger construction projects will drive the growth of the Market
The niobium is the higher steel strength use for the stronger construction projects for more efficient and safe construction which is the major propelling factor for the growth of the global market. Additionally, the uses of niobium increase because of its lightweight property and designed used for the manufacturing of the automobiles which is another driving factor for the growth of the target market. For instance, usage of about 300 grams of niobium in steel for a medium-size passenger car decreases the weight of the vehicle by approximately 200 kg, in turn, enhance the fuel economy of the vehicle (1 litre per 200 km) and decrease exhaust emissions. Moreover, the usage of niobium increases in the aerospace application is the boosting factor for the growth of the global market. However, the supply of the niobium has limited source is the major restraining factor for the growth of the target market. Nevertheless, increasing use of the niobium in the oil and gas pipeline industry for producing the larger diameter pipe can create an opportunity for the growth of the global market.
Global Niobium Market By Type Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.
The global niobium market is segmented based on type, occurrence, application, end-user industry, and region.
Based on type, the global niobium market is segmented into the Ferro niobium, niobium oxide, niobium metal, and vacuum grade niobium alloys. Based on the occurrence, the target market is segmented into carbonatites and associates and columbite-tantalite. Based on application, the global market is classified into steel, superalloys, superconducting magnets, capacitors, glass, and other applications. Based on end-user industry, the target market is bifurcated into construction, automotive, aerospace and defence, oil and gas, and other end-user industries. Construction is the dominating factor in the niobium market due to a rise in construction of building infrastructure in the developing countries.
Regional Insights:
Source: Prophecy Market Insights
Based on the region the global niobium market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific region is the dominating region for the niobium market due to more use of niobium in the country such as China, India and others for the development of the infrastructure in the developing countries. According to the consumption rate, the Asia- Pacific region is followed by Europe and then followed by the North America region.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2020 |
|
Forecast period |
2020 – 2030 |
|
Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
|
Market Segmentation |
By Type- Ferro Niobium, Niobium Oxide, Niobium Metal, and Vacuum Grade Niobium Alloys By Occurrence– Carbonatites and Associates and Columbite-Tantalite By Application– Steel, Super Alloys, Superconducting Magnets, Capacitors, Glass, and Other Applications By End-User– Construction, Automotive, Aerospace and Defense, Oil and Gas, and Other End-user Industries |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the Global niobium Market report based on type, occurrence, application, end-user and region.
Global Niobium Market, By Region:
-
-
- North America
-
- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- North America
-
Global Niobium Market By Type Key Players
The key players operating the global niobium market involves Admat Inc., Alkane Resources Ltd., CBMM, China Molybdenum Co. Ltd., Changsha South Tantalum Niobium Co. Ltd., Dneprovsky Special Tubes Plant LLC., Grandview Materials, NIOBEC (MAGRIS RESOURCES INC.), NioCorp Developments Ltd., and Shaanxi Getwick Nonferrous Metals Co. Ltd. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the types to gain a competitive edge in the target market. For instance, in 2018, Toshiba Corporation, Sojitz Corporation, and Companhia Brasileira de, Metalurgia- e- Mineracao signed a deal with CBMM for the development of anode material for lithium-ion batteries using niobium-titanium oxide (NTO).
Global Niobium Market By Type Company Profile
- Admat Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Alkane Resources Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- CBMM
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- China Molybdenum Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Changsha South Tantalum Niobium Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Grandview Materials
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- NIOBEC (MAGRIS RESOURCES INC.)
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- NioCorp Developments Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Shaanxi Getwick Nonferrous Metals Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Niobium Market By Type Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- PORTER’s
- Investment Outlook
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Niobium Strategies
- Key Questions this Study will Answer
-
Global Niobium Market, By Type:
- Ferro Niobium
- Niobium Oxide
- Niobium Metal
- Vacuum Grade Niobium Alloys
Global Niobium Market, By Occurrence:
- Carbonatites and Associates
- Columbite-Tantalite
Global Niobium Market, By Application:
- Steel
- Super Alloys
- Superconducting Magnets
- Capacitors
- Glass
- Other Applications
Global Niobium Market, By End- User Industry:
- Construction
- Automotive
- Aerospace and Defense
- Oil and Gas
- Other End-user Industries
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Regional Analysis
- Regional Revenue Analysis
- Regional By segment Analysis
- Reasons for regional growth
- Key Player of particular region
- Countries Include in the report:
-
-
- North America (U.S., Canada)
- Europe (UK, France, Germany, Russia, Italy, Rest of Europe)
- Asia Pacific (India, Japan, South Korea, China, Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Middle East & Africa (GCC, Israel, South Africa, Rest of Middle East)
-
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Competitive Overview
- Competitive Benchmarking
- Market Share Analysis
- Key Developments In The Global Niobium Market
- Key Developments: Mergers & Acquisitions
- Key Developments: Collaboration
- Key Developments: Contracts & Agreements
- Key Developments: Expansion
- Key Developments: Product Developments
- Company Profiles
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- SWOT Analysis
-
- Admat Inc.
-
-
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Performance
- Business Strategy
-
-
- Alkane Resources Ltd.
- CBMM
- China Molybdenum Co. Ltd.
- Changsha South Tantalum Niobium Co. Ltd.
- Dneprovsky Special Tubes Plant LLC.
- Grandview Materials
- NIOBEC (MAGRIS RESOURCES INC.)
- NioCorp Developments Ltd.
- Shaanxi Getwick Nonferrous Metals Co. Ltd.
- Admat Inc.
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
Global Niobium Market is segmented based on type, occurrence, application, end-user and region.
Higher steel strength use for the stronger construction projects is major factor driving the market.
During the forecast period, Asia-Pacific is expected to dominate the market.
The key players operating the global niobium market involves Admat Inc., Alkane Resources Ltd., CBMM, China Molybdenum Co. Ltd., Changsha South Tantalum Niobium Co. Ltd., Dneprovsky Special Tubes Plant LLC., Grandview Materials, NIOBEC (MAGRIS RESOURCES INC.), NioCorp Developments Ltd., and Shaanxi Getwick Nonferrous Metals Co. Ltd.