Vertical: CNMBase Year: 201811 Sections
Market Size (2018)
$6.43B
Projected (2025)
$10.73B
CAGR (2017–2025)
7.5%
Key Players
10+
The global superalloys market is estimated to register a notable CAGR of 7.64% during the review period (2019–2025). The global market, in terms of value, is projected to reach USD 10,732.01 million by the end of 2025. The major factors driving the growth of the global market are expanding aerospace & defense industry and increasing consumption of superalloys in the production of turbine blades and jet engines. Also, the growing demand for superalloys in the energy & power industry is also projected to fuel the global market growth. Likewise, the growing oil & gas and chemical processing industries in Asia-Pacific is expected to create lucrative opportunities for the market players. However, the growing popularity of alternatives such as ceramic matric composites (CMCs) on account of their lightweight and higher temperature resistance is likely to hinder the growth of the global superalloys market during the assessment period. Moreover, fluctuating prices of nickel is expected to be a challenge for the market players in the coming years.
The Asia-Pacific market accounted for a significant market share of 21.20% in 2018 and is projected to grow at the highest CAGR of 8.35% during the assessment period. This is attributed to the significant growth of the automotive and aerospace industries and growing demand for superalloys in the chemical processing and oil & gas industries in the manufacturing of heat exchangers, fasteners, and crude oil distillation columns. China, Japan, and India are the major consumers of superalloys in the region owing to rapid industrialization and urbanization. With the major developments and expansion by the regional aircraft manufacturers, the demand for superalloys is expected to increase in the coming years. For instance, in May 2017, China’s Commercial Aircraft Corporation of China (“COMAC”), the new entrant in the commercial aircraft market completed its first public flight test of C919 jets and bagged order worth 570 new aircraft to be delivered by 2020.
The North American market accounted for the largest share in 2018 and is estimated to register a healthy CAGR of 7.54% during the assessment period. This is largely attributed to the presence of major aircraft manufacturing companies such as Boeing and GE Aviation. Also, the US is home to major superalloy manufacturers, namely Special Metals Corporation, HAYNES INTERNATIONAL, Carpenter Technology Corporation, and Allegheny Technologies Inc. Furthermore, the increasing spending of the US government in the defense sector is also expected to boost the demand over the next few years.
By product, the nickel-based segment held the largest market share of 76.39% and was valued at USD 4,910.70 million in 2018. This is largely attributed to its ability to withstand high temperature for longer time, and exhibits excellent creep, fatigue, and oxidation resistance. On the basis of application, the aerospace & defense segment held the largest market share of 51.0% in 2018 owing to the rising demand for superalloys in the manufacturing of aircraft turbines, rocket engines, airframes, jet engine components, and hightemperature springs, among others.
The Superalloys Market market is projected to grow at a CAGR of 7.5% from 2017 to 2025.
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View Subscription PlansSuperalloys are high-performance alloys based on nickel, nickel-iron, or cobalt, which can endure elevated temperatures without being deformed or corroded. Superalloys exhibit a broad range of characteristics such as exceptional mechanical strength, capability to resist oxidation and corrosion, remarkable surface stability, ability to resist creep deformation, and are non-ductile in nature. A superalloy primarily contains high level of strong alloying agents such as cobalt and nickel. The most prominent applications of superalloys are high-temperature environments such as jet engines and gas turbines.
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View Subscription PlansRESEARCH PROCESS
Wantstats analysis is based on interviews with industry experts who offer insight into the market structure, market segmentation, technology assessment, competitive landscape (CL), market penetration, as well as the emerging trends. Besides primary interviews (~80%) and secondary research (~20%), their analysis is based on years of professional expertise in their respective industries. Our analysts also predict where the market will be headed in the next five to 10 years, by analyzing historical trends and the current market position. Furthermore, the varying trends in segments and categories in each region are studied and estimated based on primary and secondary research
PRIMARY RESEARCH Extensive primary research was conducted to gain a deeper insight into the market and industry performance. For this report, we have conducted primary surveys (interviews) with the key level executives (VPs, CEOs, marketing directors, and business development managers, among others) of the major players active in the market. In addition to analyzing the current and historical trends, our analysts predict where the market is headed in the next five to 10 years.
SECONDARY RESEARCH Secondary research was conducted to collect and identify information useful for an extensive, technical, market-oriented, and commercial study of the superalloys market. It was also used to obtain key information about major players, market classification and segmentation according to industry trends, regional markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, SEC filings, journals, white papers, corporate presentations, company websites, international organizations of chemical manufacturers, and paid databases. Also, various associations and data bases such as the Superalloy Committee of the Specialty Steel Industry of North America, American Foundry Society and the Institute, European Foundry Association, American Institute of Aeronautics and Astronautics, European Investment Casters’ Foundation, ASM International, Cobalt Institute, European Powder Metallurgy Association, and The United States Department of Energy have been considered in the study.
MARKET SIZE ESTIMATION Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of the global superalloys market. The key players in the market were identified through secondary research, and their market contributions in the respective regions were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis by Wantstats added before being presented in this report. The following figure shows an illustrative representation of the overall market size estimation process employed for this study.
Base Year
2018
Historical Period
2017 – 2017
Forecast Period
2019 – 2025
Primary Interviews
150+
Historical data (2017–2018) and forecast period (2018–2025)
Our research process spans primary interviews with industry stakeholders combined with comprehensive secondary data analysis, validated through triangulation across multiple independent sources.
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View Subscription PlansINTRODUCTION The competitive landscape offers an analysis of the key developments by the companies operating in the global superalloys market between 2015 and 2019. The global market is projected to register a healthy CAGR of 7.64% in the coming years owing to the growing aerospace & defense industry across the globe and surging demand for superalloys in aircraft engines and turbines blades. In addition, ongoing developments in superalloys and growing demand in the energy & power sector are further expected to augment the global market growth in the coming years. However, the easy availability of alternatives of superalloys in the aerospace & defense industry is expected to restrain the growth of the global market by the end of the forecast period. Nevertheless, growing urbanization and industrialization in the emerging economies of Asia-Pacific and growing end-use industries such as oil & gas, chemical, and aerospace & defense in the following years.
The key manufacturers operating in the global superalloys market are Special Metals Corporation, HAYNES INTERNATIONAL, Carpenter Technology Corporation, Allegheny Technologies Inc, and VDM Metals. They hold the majority of the global market share owing to their high revenue growth, product innovation, and diverse product portfolio. Additionally, they are adopting various strategies such as expansions, acquisitions, agreements, and product launches to gain maximum revenue and long-term growth during the assessment period. For instance, in March 2016, Special Metals opened a metal distribution center in Pompano Beach, Florida, to cater to the operating locations in the US. In addition, in November 2018, Aperam signed an MoU with TEKNA on industrial cooperation to manufacture superior quality spherical metal powders of nickel superalloys and steels.
The major players are producing significant volumes of superalloys and have several producing facilities across the globe. According to Wantstats analysis, the global superalloys market has a huge revenue base in the US and Germany owing to the robust outlook of aerospace & defense, automotive, energy, oil & gas on account of its growing economy and high R&D investments.
THREAT OF NEW ENTRANTS
The players willing to enter the global superalloys market to capture the growth opportunities are new entrants. Superalloys are majorly manufactured using nickel, cobalt, and iron with other alloying additives such as molybdenum, tungsten, and chromium. The companies that import raw materials face high procurement costs, which is expected to act as a barrier in the entry of new players. Also, the fluctuating nickel prices are likely to act as a barrier for new entrants. However, as the market is highly consolidated in the US and European countries, the new entrants can open bases in Asia-Pacific and Latin American countries, as there is a healthy growth of the aerospace & defense, energy & power, and chemical processing industries. Furthermore, the surging demand for nickel-based superalloys is projected to create lucrative opportunities for new players in the niche markets of electronics and automotive. However, the high cost of processing of superalloys and the need of technical knowledge and skilled labor are further expected to hinder the entry of new entrants. Considering all the above factors, it can be concluded that the threat of new entrants in the global market is likely to be moderate to high.
INTENSITY OF COMPETITIVE RIVALRY
The intensity of competitive rivalry in the global superalloys market is estimated to be moderate to high. There is a substantial number of superalloy manufacturers across the globe. The market is mainly consolidated in North America and Europe, in the US, the UK, and Germany. The surge in the demand for superalloys in the manufacturing of aerospace components and turbine blades owing to its excellent temperature and corrosion resistance is likely to boost the global market growth in the coming years. Also, the increasing demand for ceramic matrix composites (CMCs) as a favorable substitute to nickel superalloys is likely to limit the consumption of superalloys, which consequently is expected to increase the competitiveness among the existing players. Additionally, the key players operating in the global market are adopting various business strategies such as expansion, product development, and partnership agreements to gain a competitive edge. For instance, in March 2018, ATI announced to invest approximately USD 95 million to expand its iso-thermal forging and heat-treating capacities of nickel-base parts to cater to the growing demand from the aerospace jet engine market.
THREAT OF SUBSTITUTES
Superalloys exhibit high durability, reliability, and exceptional temperature and corrosion resistance properties for long period of time, which make it suitable for use in the aerospace & defense, automotive, industrial gas turbine, and energy & power sectors. However, volatile raw material prices of nickel are likely to hinder the superalloys market. CMCs are considered as a favorable substitute on account of relatively lightweight, superior thermal resistance, and as it enables 50% reduction in the turbine component weight, which offers better fuel efficiency. GE has carried out technological developments by investing over USD 1.5 billion and is using CMCs in aircraft engine. Also, increasing concern for less fuel consumption and less emission of pollutants are further expected to reduce the demand for nickel-based superalloys in the aerospace & defense industry. Considering all these factors, it can be concluded that the threat of substitutes in the global superalloys market is estimated to be moderate to high.
BARGAINING POWER OF SUPPLIERS
The global superalloys market comprises a large number of manufacturers and distributors. The global market is projected to witness substantial growth during the review period due to the high demand for superalloys in the manufacturing of heat exchanger tubes, turbine blades, vanes, crude distillation tower, and wind energy blades. However, the presence of close substitutes of superalloys such as CMCs in the major end-use industries, e.g., aerospace & defense, is likely to limit the bargaining power of suppliers. Most of the manufacturers are focusing on signing long-term agreements with the raw material suppliers to maintain a smooth inventory of nickel, cobalt, and iron to cater to the increasing demand for superalloys. Moreover, fluctuating raw material prices is also a challenge for market players. Considering the aforementioned factors, it can be concluded that the bargaining power of suppliers is estimated to be moderate to low during the assessment period.
BARGAINING POWER OF BUYERS
Superalloys find applications in the aerospace & defense, automotive, energy, and oil & gas sectors and consume a significant number of nickel-based superalloys. There is a substantial number of market players and suppliers spread across the world, however, as the threat of new entrants is relatively moderate to high, the buyers have to rely on the existing customers, which limits their bargaining power. However, owing to the presence of close substitutes of superalloys such as CMCs there is a radical shift of aerospace companies toward these substitutes, which increases the bargaining power of buyers. Considering all the above factors, the bargaining power of buyers in the global superalloys market is estimated to be moderate to high.
Market estimates by geography (2025)
InsightNorth America leads with $4.86B by 2025, while Asia Pacific is projected to grow fastest at a 8.2% CAGR.
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View Subscription Plans| REGION | 2017 | 2018 | 2025 | CAGR | SHARE |
|---|---|---|---|---|---|
| Middle East and Africa | $165.39M | $213.67M | $276.66M | 6.6% | 3% |
| North America | $2.75B | $3.65B | $4.86B | 7.4% | 45% |
| Asia Pacific | $1.27B | $1.74B | $2.38B | 8.2% | 22% |
| Europe | $1.59B | $2.08B | $2.74B | 7.1% | 26% |
| South America | $258.72M | $348.66M | $470.94M | 7.8% | 4% |
| Total | $6.03B | $8.04B | $10.73B | 7.5% | 100% |
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View Subscription PlansTotal Market Size
$10.73B
| APPLICATION | REVENUE ($B) | GROWTH RATE | MARKET PENETRATION |
|---|---|---|---|
| Nickel-Based | $8.21B | 7.5% | 76% |
| Cobalt-Based | $2.19B | 7.7% | 20% |
| Iron-Based | $336.21M | 5.3% | 3% |
* Revenue projections based on 2025 estimates. Growth rates represent CAGR 2024–2030. Market penetration indicates current adoption rate within addressable market segments.
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Analytical insights on Superalloys Market covering market dynamics, competitive landscape, and strategic outlook.
The Superalloys Market market is projected to reach $10.73B by 2025, growing at 7.5% CAGR. The Nickel-Based segment holds the largest share.
INTRODUCTION The global superalloys market is projected to register a robust CAGR of 7.64% during the assessment period. The key factors driving the global market growth are growing aerospace & defense industry across the globe and surging demand for superalloys in the manufacturing of aircraft components. In addition, the developments to enhance the superalloy properties and increasing demand for nickel-based superalloys in the energy sector is further expected to augment the global market growth in the coming years. Moreover, the growth of the end-use industries such as aerospace & defense, oil & gas, and chemical processing in Asia-Pacific is expected to create immense growth opportunities for the market players in the years to follow. However, availability of close substitutes such as CMCs is likely to hinder the global market growth during the forecast period. In addition, fluctuating price of nickel is expected to be the major challenge for the market players.
With the rising energy demand, there is increased pressure on the energy & power industry to use coal-fired, natural gas, nuclear, and renewable resources and adopt technologies that enhance the efficiency and increase the reliability of energy resources as well as reduce the environmental impact. Also, technological advancements are carried out in renewable energy production process to reach grid parity, and there is growing demand and increased spending on alternative sources of power such as wind, solar, and hydropower. Natural resources such as oil and gas that generating energy through combustion and nuclear sources require superior alloy materials that exhibit excellent level of performance and reliability. Moreover, the use of materials that offer high temperature and corrosion resistance helps to reduce the maintenance costs and increase shelf life in the nuclear energy sector, especially in harsh conditions. Furthermore, according to thermodynamics, high efficiency of engines can be achieved at higher operating temperatures. As power generation systems move toward higher efficiency operation at temperatures above 700°C, wrought irons are widely used structural alloys, including precipitation strengthened alloys 282 and 740 for the highest temperatures.
Superalloys are widely used in the energy & power industry. In ultra-supercritical boiler used for coal-fired heat generation, the superheater tubes are made of superalloys which meets the necessary requirements of excellent fireside corrosion resistance, good creep resistance, and high steam-side oxidation resistance properties. Also, in nuclear power generation, heat exchange tubes used for steam generator are made of superalloys exhibiting excellent solution corrosion resistance. In gas turbine engines used for gas power, guide vanes and turbine blades are manufactured from hot-corrosion resistant superalloys with superior solution corrosion resistance and long-term microstructure stability. Nickel-based superalloys are gaining popularity in power generation applications to generate higher temperature for higher efficiency operations. For fossil energy, the main concern is to emit less greenhouse gases by increasing the fuel efficiency of the system. There is a growing need to develop and qualify nickel-based alloys for use in advanced electrical power generation systems.
Nickel-based alloys are largely used in natural gas-fired turbines, the development of these alloys for the advanced coal-fired generation applications was first led by the US, by Advanced Ultra-supercritical consortium, with an aim of increasing steam temperatures to 760°C/34.5 MPa. With the increasing demand for high temperature and pressure goals, there is a growing need for precipitate-strengthened alloys 740 (and 740H) and 282. Precipitation hardening increases the yield strength of superalloys at extreme temperature and pressure conditions. Nickel-based alloys possess a face-centered cube (FCC) structure, which exhibits excellent toughness, ductility, and microstructure stability at elevated temperatures. Moreover, it has high tolerance to other alloying additions without hampering the phase stability. These alloys are strengthened by coherent precipitates of ordered intermetallic J'-Ni3(Al, Ti), which increases the strength with rise in temperature up to about 900°C. Besides, the development of nickel-based alloys is carried out by addition of other materials such as carbon to form carbide precipitates, and different-sized elements such as boron and zirconium to strengthen the grain boundaries. Also, solid solution elements such as cobalt and refractory elements (tungsten and molybdenum) are added which further increase the melting point of the alloys. Power generation applications generally use nickelbased alloys including HX, 718, 625, 230 and X-750 grades in gas turbine components, heat exchangers, land-based gas turbines, and industrial furnace and accessories.
Thus, the growing energy & power industry across the globe, increasing concern regarding renewable sources, and advancements in superalloys are likely to augment the global market growth in the coming years.
According to the International Air Transport Association (IATA), Asia-Pacific is expected to be the largest market accounting for more than half the total number of new passengers over the next 20 years. This is largely attributed to the continuous economic growth, growing middle-class population, rising tourism, and increasing disposable income. China is likely to replace the US as the world’s largest aviation market in the mid-2020s. India is expected to rank third after the US, surpassing the UK by 2024. Indonesia is expected to jump from 10th to 4th largest aviation market by 2030. Also, Thailand is likely to enter the top 10 markets in 2030, displacing Italy in the ranking. Moreover, by 2035, an additional 1.8 billion annual passengers will be transported to, from, and within Asia-Pacific for the total market size of USD 3.1 billion and is expected to grow by 4.7% per annum. In addition, according to the Association of AsiaPacific Airlines (AAPA), in July 2017, the region’s airlines carried around 1,214 million passengers and 20 million tons of cargo, representing over one-third of the world’s passenger traffic and over two-fifths of world’s air cargo traffic, respectively.
The high growth in Asia-Pacific is likely to create lucrative opportunities for the manufacturers of superalloys. Also, Boeing forecasts intra-Asia traffic’s share will rise to almost 35% of global air travel for the next 20 years. Furthermore, the defense industry is growing at a robust rate owing to the geopolitical tensions between the countries. China and India are two of the five biggest spending nations.
Five fastest-growing markets in terms of additional passengers per year from 2017 to 2037
China–1 billion new passengers for a total of 1.6 billion
US–481 million new passengers for a total of 1.3 billion
India–414 million new passengers for a total of 572 million
Indonesia–282 million new passengers for a total of 411 million
Thailand–116 million new passengers for a total of 214 million
The Asia-Pacific market is estimated to account for 64.6% of market share of the global chemical market by 2030. Growing chemical processing industry coupled with increasing demand for various end-use industries such as pharmaceuticals, oil & gas, and polymers, and economic growth are the major factors driving the growth of the chemical market in the region. In terms of value, the chemical industry’s overall contribution to the Asia-Pacific region’s GDP was USD 2.6 trillion (greater than the entire GDP of India). Superalloys offer superior mechanical strength and creep resistance at high temperatures, oxidation and corrosion resistance, and reliable surface stability. Various brands of alloys such as Monel, Hastelloy, and Inconel are used in chemical and hydrocarbon processing equipment, fasteners, freshwater tanks, heat exchangers, pumps, shafts, tubing, and valves. Furthermore, the Asia-Pacific market for oil & gas is likely to witness robust growth in the coming years owing to rapid urbanization and industrialization. At present, the regional market consumes over 25% of the world’s oil supply, 10% of the natural gas, and 45% of coal. Moreover, nickel-copper alloy construction is highly resistant to seawater and steam at high temperatures, as well as superior resistance to salt and caustic solutions. In oil & gas industry, superalloys can be used in the manufacturing of crude oil distillation towers, gasoline tanks, and seawater handling equipment among others.
Thus, the expanding aerospace, chemical processing, and oil & gas industries in the developing countries of Asia-Pacific is expected to create lucrative opportunities for the market players during the review period.
Advanced materials play a major role in enhancing the performance of the turbine engine ever since the start of the first turbojets in the 1940s. Nickel-based superalloys are the most commonly used high-temperature structural materials to manufacture turbines. Currently, most of the exhaust ducts in aircraft gas turbine engines are manufactured using nickel-based superalloys. However, the rising temperature of modern engines is demanding the use of higher temperature materials. Exhaust gases generally exceed 750°C, and this temperature is expected to increase as technological advancements are carried out in the engine design. Till date, engine designers particularly use superalloys for exhaust ducts, as these alloys have been the only reliable materials available for use at high temperatures. Superalloys account for over 70% of aircraft engine’s weight.
When it comes to suitable alternatives, ceramic matric composites (CMCs) offer numerous advantages at high-pressure zones, including a reliable performance at extreme temperatures up to 1300°C and require no need for cooling air requirements. CMCs are manufactured from silicon carbide matrix toughened with a coating of silicon carbide fibers and are light in weight. In addition, the introduction of CMCs allows fuel burn reduction up to 2%. Superalloys are relatively denser than ceramics.
The material density of CMCs is one-third that of nickel-based alloys, enabling over 50% reduction in the turbine component weight. Aerospace engineers are opting for CMCs in best-selling aircraft on account of its superior temperature resistance up to 260°C higher than nickel-based alloys at just one-third the weight. Furthermore, when CMC parts are used in gas turbines, the engines operate at 15% more efficiency on account of its reduced weight. In order to burn less fuel, aircraft engines must operate at higher temperatures and contribute less weight as compared to nickel superalloys.
CMCs are tough as metals and can withstand extreme temperatures. They require less cooling to be diverted from the thrust, which allows the engines to run at a higher thrust. Also, minimizing the required cooling flow increases the overall efficiency of the engine cycle. Moreover, engines will run hotter, combusting all the fuel which further emits less pollutants. Consequently, CMCs in industrial power turbines could reduce emission and the cost of electricity. GE Aviation (GE) development activities have been carried out for more than 30 years, and the company has invested more than USD 1.5 billion to develop SiC/SiC CMCs, components, and enhancing its manufacturing process. GE has applied CMC to nozzles, turbine liners, shrouds, and vanes and is the first company to introduce a CMC rotating part. In October 2010, GE manufactured a CMC-based 4-inch-long low-pressure turbine blade. Moreover, developments in the processing of both CMCs and monolithic ceramics have resulted in enhanced mechanical properties. Such technological advancements are making it possible to consider ceramic materials (CMCs) in aerospace industry in replacement to superalloys.
Thus, the availability of favorable substitutes such as CMC is likely to hinder the global market growth in the coming years.
Nickel is an essential element in the manufacturing of superalloys and accounts for more than 75% of the market. Thus, understanding the behavior of nickel metal and its nature of price fluctuation is necessary to avoid high prices of superalloys. Nickel-based superalloy finds widespread applications in jet engines, turbines blades, and heat exchanger tubes. Owing to its exceptional mechanical properties such as excellent corrosion, temperature, and oxidation resistance for a longer period of time; high durability, and reliability, nickel has become pervasive in modern technological societies. Visible consumption of nickel began in the 19th century when metallurgical advancements were established on the back of industrialization processes in the western world, which created significant demand for nickel in superalloys for major end-use industries.However, prices of nickel have been significantly volatile over the past 150 years. While prices were high in certain times, in other periods prices sharply reduced or stagnated at certain levels for many years. The major proportion of today’s world nickel consumption occurs in industrial countries without own production.
Thus, most of the industrial countries and their economies are largely dependent on metal imports, while emerging economies are highly reliant on the revenue generated from metal ore exports and trade to finance their governmental expenditure. The prices reached their peak at USD 15,235 ton per ton in June 2018 and then reduced to USD 11,050 per ton in January 2019. The current price is a soaring USD 17,810 per ton in September 2019. Fluctuating nickel prices is likely to affect the overall price of nickel-based superalloys which increases the import and logistic costs. Volatile prices of nickel are expected to hinder the overall market growth and creates intense competition between the major players.
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Profiles of 110 companies operating in the Superalloys Market market, including revenue, employee count, and market positioning where available.
Showing 110 of 110 companies
COMPANY OVERVIEW Company Headquarters: Pennsylvania, US Founded: 1889 Workforce: 4,800 Company Working: Carpenter Technology Corporation (Carpenter Technology) is a leading manufacturer of high-performance specialty alloys and process solutions for various industries including automotive, aerospace, defense, energy, medical and consumer electronics. The company operates its business through two segments, namely specialty alloys operations, and performance engineered products. The specialty alloy operations segment offers cast/wrought and powder stainless steels, high temperature (nickel, cobalt, and iron-base) superalloys, high-strength steel, and tool & die steels. The company has manufacturing facilities and distribution centers located across the US, Sweden, Canada, Singapore, China, Mexico, Taiwan, UAE, and Belgium. In 2018, the expenditure incurred on research and development was USD 19.3 million.
COMPANY OVERVIEW Company Headquarters: Essen, Germany Founded: 1994 Workforce: ~1,800 Company Working: thyssenkrupp Aerospace Germany GmbH (thyssenkrupp Aerospace) is a partner of the world’s leading aerospace companies and their supply chains. The company operates through the materials and services divisions. The material division offers aluminum, steel, titanium, and other materials, whereas the services division offers material services provision, value-added services, supply chain management of finished parts, third-party logistics, and kitting. In the material division, under the other materials segment, the company offers cobalt and nickel alloys. In addition, it offers materials with value-added services and logistical services. thyssenkrupp Aerospace marks presence in more than 44 locations in around 20 countries. Furthermore, the locations have been approved to EN/AS 9100 and/or EN/AS 9120 standards by the major leading aerospace certification companies
COMPANY OVERVIEW Company Headquarters: Mumbai, India Founded: 1987 Workforce: ~ 36 Company Working: Supreme Engineering Ltd (Supreme Engineering) is engaged in the manufacturing of special alloys and special wire products. The company operates through two divisions, namely specialty steels, and wire. Under the specialty steels division, it offers nickel-based superalloys that are used in high-temperature applications in the aerospace and oil & gas industries. Also, it has expanded its operations by investing in high-end technology and is equipped with advanced technologies, which include argon-oxygen decarburization (AOD), radial forging machine (GFM), vacuum induction melting (VIM), electro-slag refining (ESR), rolling mill, and heat treatment furnaces for manufacturing special alloys.
COMPANY OVERVIEW Company Headquarters: Burton upon Trent, UK Founded: 1778 Workforce: ~4,449 Company Working: Doncasters Group Ltd (Doncasters Group) is the leading global manufacturer of high-precision alloy components, which are designed to operate in harsh conditions. The company operates through various segments, including aerospace, industrial gas turbine, superalloys, specialty automotive, and petrochemical. Under the superalloys segment, it offers iron-, cobalt-, and nickelbased alloys. With 240 years of experience, the company is constantly enhancing its products to cater to the demand in the aerospace, automotive, and oil & gas industries. In addition, it offers precision casting, forging, fabrication, and machining processes. It has two core facilities engaged in the manufacturing of superalloys, which are further used in high-performance applications such as turbine blades, hot-end turbocharger wheels, vanes, and components for aero engines and land-based gas turbines.
Company Headquarters: Amsterdam, The Netherlands Founded: 2006 Workforce: ~3,300 Company Working: AMG Advanced Metallurgical Group (AMG) is one of the leading producers of specialty metals, alloys, and materials. It operates through two segments, namely AMG Critical Materials and AMG Engineering. Under the AMG Critical Materials segment, the company offers various materials, aluminum, lithium, antimony, superalloys, and silicon metal, among others. AMG Superalloys UK, a production site for superalloys, offers various nickel-based alloys that find applications in the automotive, aerospace, energy, and electronic industries. It operates through the production facilities spread across Germany, France, the UK, Mexico, the US, the Czech Republic, Brazil, India, Sri Lanka, and Mozambique as well as sales offices in Russia and Japan.
COMPANY OVERVIEW Company Headquarters: Luxembourg Founded: 2011 Workforce: ~9,800 Company Working: Aperam is a leading manufacturer of stainless, electrical, and specialty steel. It is the fourth-largest producer of specialty alloys in the world. The company operates through three business segments—stainless & electrical steel, services & solution, and alloys & specialties. Through the specialty alloys essentials sub-segment, under the alloys & specialties segment, it offers nickel and cobalt alloys that are high-performance alloys exhibiting anti-corrosion, thermal expansion control characteristics, and hightemperature resistance. The production site of Aperam in Imphy, France, offers nickel and cobalt alloys, along with certain specific stainless steels. It has an industrial distribution network consisting 14 Steel Service Centers (SSCs), 17 sales offices, and six transformation facilities. Aperam has customer bases in over 40 countries and sells its products to the customers in the aerospace, construction, electrical, medical, and oil & gas industries.
8 interactive charts drawn from the Superalloys Market dataset — market size, regional splits and each segment breakdown. Open one to read its full data table and download it.
Global Superalloys Market By End Use
Global Superalloys Market By TYPE
Global Superalloys Market Argentina, Mexico, Brazil and Rest Of South America
Global Superalloys Market Germany, Spain, France, United Kingdom, Italy, Poland, Russian Federation and Rest Of Europe By Country
Global Superalloys Market China, Indonesia, India, Japan, South Korea, Rest Of Asia Pacific and Australia And New Zealand Of Asia Pacific
Global Superalloys Market United States and Canada Of North America By Country
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Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Co-Founder, Mojave Rail Fabrication Limited
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Manager, JavolVision
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Sales Operations & Pricing Manager, Intel
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Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Historical performance and future projections (2020–2030, USD Billion)
Market Size (USD Mn)
