Skip to main content

Hafnium Market - Value Chain and Forecast 2017 - 2025

Hafnium is defined as a silvery, shiny, ductile metal that is chemically similar to zirconium. It is found in numerous zirconium minerals as a tetravalent transition metal. The physical properties of hafnium are markedly hampered by the zirconium impurities, as these metals are difficult to separate due to their chemical similarity. The most notable difference between hafnium and zirconium is their density, as hafnium has twice the density of zirconium. Hafnium possess excellent chemical properties and is resistant to chemicals and oxidation. The metal is even resistant to concentrated alkalis. The usage of hafnium-free zirconium in nuclear reactors in the late 1950s made hafnium easily available. 

However, the rarity of hafnium and difficult and expensive separation techniques make it a scarce commodity. In zirconium ore, hafnium exists in a ratio of 1:50 to zirconium. Hafnium is produced as a byproduct during the purification of zirconium. Obtained hafnium has high thermal resistance, which makes it useful in numerous applications such as super alloys in industrial turbines and jet engines for aircraft. On the basis of type, the market for hafnium can be segmented into hafnium carbide, hafnium oxide, and others. In terms of application, the hafnium market can be segmented into optical coatings, plasma cuttings, super alloys, and others.
The hafnium market is anticipated to expand at a moderate growth rate during the forecast period due to the difficult and expensive separation process. There are several driving factors of this market such as rising demand for super alloys for applications in gas turbines and the aerospace industry. Increasing usage of hafnium in nuclear, photographic, and semiconductors applications are likely to present potential opportunities for the hafnium market during the forecast period. In terms of application, the super alloys segment held a significant share of the market in 2016, and is projected to expand at a robust growth rate during the forecast period. 
For more information on this report, fill the form  @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=29948
Hafnium is employed in alloys with titanium, tantalum, iron, and titanium. Addition of hafnium in small quantities increases the adherence of protective scales in nickel-based alloys. The super alloys segment was followed by the nuclear segment in terms of market share in 2016. Hafnium has applications in nuclear reactors as control rods due its ability to absorb multiple neutrons. Excellent mechanical and corrosion resistance properties possessed by hafnium make it applicable in the harsh environment of pressurized water reactors.
Geographically, Europe held a significant share of the market in 2016, and is anticipated to offer lucrative opportunities during the forecast period. In terms of production and consumption, France held a prominent share of the Europe hafnium market in 2016. The annual supply capacity of hafnium is about 25 tons in France. This is anticipated to augment the hafnium market in France in the near future. Europe was followed by North America and Asia Pacific, in terms of market share in 2016. Rise in usage of hafnium as super alloys in mining and the aerospace industry is a key factor driving the market in North America. Presence of robust manufacturing industry of different end-use industry of hafnium in emerging economies of Asia Pacific such as India and China is estimated to propel the hafnium market in the region. Usage of hafnium in plasma cutting and semiconductor manufacturing are major factors boosting the hafnium market in Asia Pacific.
Key players operating in the global market for hafnium include Shenzhen Xinxing Metal Technology Co., Ltd., Nanjing Youtian Metal Technology Co. Ltd., China Nulear Jinghuan Zirconium Industry Co., Ltd., and Alkane Resources.

Comments

Popular posts from this blog

Global Epoxy Curing Agents Market - Projected to Scale-Up by construction, adhesive, Wind Energy Application to 2022.

“Global Epoxy Curing Agents Market Market Professional Survey Report 2017-2022” Purchase This Report by calling ResearchnReports.com at +1-888-631-6977. Global Epoxy Curing Agents market   Report is a professional and in-depth research report on the world’s major regional market conditions of the Epoxy Curing Agents market, focusing on the main regions (North America, Europe and Asia) and the main countries (United States, Germany, Japan and China). Based on application, the wind energy segment is projected to witness the highest growth from 2017 to 2022, both in terms of value and volume. Wind blades manufacturing is one of the major applications for epoxy curing agents. The depletion of fossil fuels and their volatile prices have resulted in increased energy cost with rise in demand. This research report provides an in-depth analysis of the global Epoxy Curing Agents Market based on enterprise size, services, solution, end-use industry, and geography. The report also prov...

Glass Fiber Reinforced Gypsum Market - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025

Glass Fiber Reinforced Gypsum (GFRG) is a composite application utilizing naturally occurring mineral gypsum combined with reinforcing fibers. It may also contain polymers to increase product strength. The molding process can be either hand lay-up or a chopped strand spray method. Stereotypically, the end product is used for indoor applications with negligible exposure to moisture or other environmental elements. Completed composites are in the form of ornamental or decorative columns, pillars and facades. With the slowdown in world economic growth, the global market has also suffered a certain impact, but still maintained a relatively optimistic growth. In terms of revenue, the Global Glass Fiber Reinforced Gypsum Market was valued at US$ 458.49 Mn in 2016 and is expected to reach US$ 888.35 Mn by 2025, expanding at a CAGR of 7.6% from 2017 to 2025. The Global Glass Fiber Reinforced Gypsum Market is boosted by factors such as: ·       ...

Global Arcylamide Market for Applications like Waste & Wastewater Treatment, Pulp & Paper, Printing & Dyeing, Solid Crystalline - Analysis of Top Key Players and Forecast to 2022

This report comprises a comprehensive outline of the current state of the   Global Arcylamide market   and projects its growth and every other central elements across major provincial markets. It presents an immense amount of market information that has been collected with the help of countless number of prime and subordinate research techniques. The statistics of this report has been tapered down using numerous industry based analytical procedures. An in depth synopsis of key market drivers, inclinations, manacles are provided and the study analyzes the way they shake the Global Arcylamide market in an affirmative as well as an adverse way. The topographies which are enclosed in this report are North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Taking into consideration the given prediction period and specifically studying each and every data annually, a report is been enlisted to ensure the data is well anticipated by clients. Increasing u...