The global Niobium Carbide market was valued at 36.44 Million USD in 2021 and will grow with a CAGR of 4.33% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Niobium carbide is an extremely hard refractory ceramic material, commercially used in tool bits for cutting tools. It is usually processed by sintering and is a frequent additive as grain growth inhibitor in cemented carbides. It has the appearance of a brown-gray metallic powder with purple lustre.Niobium carbide is a frequent intentional product in microalloyed steels due to its extremely low solubility product in austenite, the lowest of all the refractory metal carbides. Mainly used in cemented carbide and defense industry. In recent years, due to the tantalum carbide prices stay in high level, some downstream manufacturers started to use niobium carbide partially replace tantalum carbide. Thus stimulating the development of the industry. The main raw material of niobium carbide is niobium ore. Most of the world`s niobium ore in Brazil. Currently, Brazil is the world`s largest niobium ore supplier. China needs to import large quantities of niobium ore per year. We tend to believe this industry is an mature industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.

By Market Verdors:

H.C. Starck

Kennametal

Japan New Metals

ESPI Metals

Jiujiang Tanbre

Zhuzhou Cemented Carbide Group

ZhuZhou GuangYuan

OTIC

Jiujiang Zhongao

Jiangxi King-Tan Tantalum

Changsha Langfeng Metallic Material

WHNM

By Types:

Niobium Carbide (99.0%)

Niobium Carbide (99.5%)

By Applications:

Carbide Alloy

Coating Materials

Metallurgical Industry

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

Besides the standard structure reports, we also provide custom research according to specific requirements