High Performance Alloys Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2014 - 2020
Published Date
17-07-2014
94 Page Report
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Press Release
High Performance Alloys Market Rising at 4.2% CAGR due to their Ability
to Perform Under High Pressure Conditions
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High Performance Alloys Market
REPORT DESCRIPTION
Transparency Market Research’s new market report, titled ‘High Performance Alloys Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020’, provides a detailed description
of the high performance alloys market in terms of revenue (US$ million) and volume share (kilo tons) for
the forecast period 2014-2020. According to the analysis stated in the report, the global high performance
alloys market is expected to rise and reach US$9.09 billion by 2020, from a value of US$6.82 billion in
2013. The report analyzes the market with respect to various segments along with the growth
opportunities expected in the next six years. In terms of volume, the market stood at 1,110.7 kilo tons in
2013. Overall, the market is expanding at a steady CAGR of 4.2% during the forecast period from 2014 to
2020.
High performance alloys are metal alloys that provide good surface stability and corrosion resistance and
are specifically deigned to perform under intense conditions such as elevated pressures and temperatures.
Due to their ability to retain most of their strength despite prolonged exposure, these components are
ideal for a wide range of industrial applications. Some of the typical applications of high performance alloys
include the industrial gas turbines sector (IGTs) and the aerospace industry. The power industries and
aerospace influence the...
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