High Performance Alloys Market for Aerospace, Industrial Gas Turbines, Industrial,
Automotives, Oil & Gas, Electronic & Electrical and Other Applications - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020
94 Page Report
High Performance Alloys Market is Expected to Reach USD 9.09
billion by 2020
Transparency Market Research
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High Performance Alloys Market
Transparency Market Research has published a new market report, According to the report, global high performance
alloys market was valued at USD 6.82 billion in 2013 and is anticipated to reach USD 9.09 billion by 2020, expanding at a
CAGR of 4.2% during the forecast period from 2014 to 2020. In terms of volume, global high performance alloys market
stood at 1,110.7 kilo tons in 2013.
High performance alloys exhibit excellent mechanical strength and high resistance to creep at high temperatures. About
60% of an aircraft is incorporated with high performance alloys. Thus, increasing demand for high performance alloys from
the aerospace industry is estimated to boost the high performance alloys market during the forecast period. Furthermore,
rising demand for gas turbines in power generation applications is projected to drive demand for high performance alloys,
as gas turbines require materials that withstand elevated temperatures. However, capital-intensive manufacturing of high
performance alloys may hamper the market in the next few years. Furthermore, development of high strength and
lightweight high performance alloys may open up new avenues for market growth.
Browse the full High Performance Alloys Market report at...