NEW YORK, Sept. 21, 2021 /PRNewswire/ -- The global corrosion-resistant alloys market is poised to grow by USD 2.82 billion during 2021-2025, progressing at a CAGR of over 7% during the forecast period, according to Technavio. The report offers an up-to-date analysis of the growth variance and the Y-O-Y growth rate.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AMG Advanced Metallurgical Group NV, Berkshire Hathaway Inc., Carpenter Technology Corp., Corrotherm International Ltd., Eramet Group, Haynes International Inc., Hitachi Ltd., Mitsubishi Corp., Nippon Steel Corp., and Tenaris SA are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Growing shale gas exploration has been instrumental in driving the growth of the market. However, fluctuations in raw material prices might hamper the market growth.
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Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our corrosion-resistant alloys market report covers the following areas:
Corrosion Resistant Alloys Market size
Corrosion Resistant Alloys Market trends
Corrosion Resistant Alloys Market industry analysis
This study identifies the growing demand for fuel-efficient vehicles as one of the prime reasons driving the corrosion-resistant alloys market growth during the next few years.
We provide a detailed analysis of around 25 vendors operating in the Corrosion Resistant Alloys Market. Backed with competitive intelligence and benchmarking, our research reports on the Corrosion Resistant Alloys Market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist corrosion resistant alloys market growth during the next five years
Estimation of the corrosion-resistant alloys market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the corrosion-resistant alloys market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of corrosion-resistant alloys market vendors
Table Of Contents :
Value chain analysis
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by End-user
Comparison by End-user
Aerospace and defense - Market size and forecast 2020-2025
Automotive - Market size and forecast 2020-2025
Oil and gas - Market size and forecast 2020-2025
Industrial machinery - Market size and forecast 2020-2025
Others - Market size and forecast 2020-2025
Market opportunity by End-user
North America - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
APAC - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market positioning of vendors
AMG Advanced Metallurgical Group NV
Berkshire Hathaway Inc.
Carpenter Technology Corp.
Corrotherm International Ltd.
Haynes International Inc.
Nippon Steel Corp.
Scope of the report
Currency conversion rates for US$
List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.