The global high performance alloys market is consolidated with the top four manufacturers accounting for 48.5% of the market in 2013. Key players operating in the global high performance alloys market are Carpenter Technologies Corporation, Allegheny Technologies Inc, RTI Metals Inc, and VSMPO. Major companies in the market have patented technologies to manufacture high performance alloys, leaving very less scope for new entrants, states a new report by Transparency Market Research (TMR). The high infrastructure and manufacturing cost owing to complex manufacturing process will restrict new entrants from venturing into the market. Thus, the threat of new entrants in the market is expected to be low. The degree of competition is expected to be high in the market. Manufacturers have entered into long term agreements with end use industries. In order to maintain their market shares, players are engaging in innovation and technological advancements. The threat of sub...
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