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...