Niobium Market
PUBLISHED: 2020 ID: SMRC19126
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Niobium Market

Niobium - Global Market Outlook (2018-2027)

4.1 (41 reviews)
4.1 (41 reviews)
Published: 2020 ID: SMRC19126

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Niobium Market is accounted for 11,434.31 metric tons in 2018 and is expected to reach 25,878.39 metric ton by 2027 growing at a CAGR of 9.5% during the forecast period. Growing usage in automotive industry, and extensive accelerating usage in structural steels are the major factors propelling the market growth. However, factors such as insufficient supply of niobium, and impact of COVID-19 pandemic are hampering the market growth.

Niobium metal originates from volcanic rocks in various places around the world. It is a rare element obtained from tantalite and pyrochlore mineral ores. The demand in the automotive, construction, and aerospace sectors is anticipated to drive this market over the forecast period. The advancement in the niobium market was the development of high-performance electro ceramics. Ultra-high-purity in the sizes of grain and rigid distribution channels are predicted to fuel the demand for niobium over the forecast period. This can be also used in steel as ferroniobium for the production of high strength, and low alloy steel for automotive, construction and pipeline industries. Niobium is also used in certain type of stainless steels. Addition of niobium in steel make it stronger so that less steel is required, thereby reducing the overall cost of construction. Therefore niobium is increasingly used in steel and growth of the steel industry will play a crucial role in driving the growth of the niobium market. The commercialization of new technologies such as mobile devices, computers, and the internet has led to the expansion of the niobium market, besides the use of compounds and oxides in electro ceramics applications.

Based on the end user, the construction segment is going to have a lucrative growth during the forecast period owing to the rising standard of living, increasing urbanization, and the growth of the repair construction industry (due to replacement of old infrastructures).

By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the increasing demand for HSLA steel in the construction industry. China, Japan, South Korea, and India are leading countries using ferroniobium for the production of HSLA steel. Growing investments in the non-residential sector and infrastructural activities are anticipated to drive the construction industry in this region. Moreover, China is likely to be dominant over the forecast period.

Some of the key players profiled in the Niobium Market include Alkane Resources Ltd, Anglo American, CBMM, Corevale Limited, Global Advanced Metals, Grandview Materials, Molycorp, NIOBEC (Magris Resources Company), NioCorp Developments Ltd, Taseko Mines Ltd, and Titanex GmbH.
Occurrences Covered:
• Carbonatites and Associates
• Columbite-Tantalite

Products Covered:
• Structure Steels
• Automotive Steel
• Pipeline Steels
• Stainless Steels
• High Strength, Low Alloy steels (HSLA)  

Types Covered:
• Ferroniobium
• Niobium Oxide
• Niobium Metal
• Vacuum Grade Niobium Alloys

Sources Covered:
• Pyrochlore
• Columbite

Applications Covered:
• Steel
• Super Alloys
• Superconducting Magnets
• Capacitors
• Glass

End Users Covered:
• Construction
• Automotive
• Aerospace and Defence
• Oil and Gas
• Chemical

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary           
             
2 Preface   
         
 2.1 Abstract           
 2.2 Stake Holders          
 2.3 Research Scope          
 2.4 Research Methodology         
  2.4.1 Data Mining          
  2.4.2 Data Analysis         
  2.4.3 Data Validation         
  2.4.4 Research Approach         
 2.5 Research Sources          
  2.5.1 Primary Research Sources        
  2.5.2 Secondary Research Sources        
  2.5.3 Assumptions          
             
3 Market Trend Analysis     
     
 3.1 Introduction          
 3.2 Drivers           
 3.3 Restraints          
 3.4 Opportunities          
 3.5 Threats           
 3.6 Product Analysis          
 3.7 Application Analysis         
 3.8 End User Analysis          
 3.9 Emerging Markets          
 3.10 Impact of Covid-19          
             
4 Porters Five Force Analysis          
 4.1 Bargaining power of suppliers         
 4.2 Bargaining power of buyers         
 4.3 Threat of substitutes         
 4.4 Threat of new entrants         
 4.5 Competitive rivalry          
             
5 Global Niobium Market, By Occurrence         
 5.1 Introduction          
 5.2 Carbonatites and Associates         
 5.3 Columbite-Tantalite         
             
6 Global Niobium Market, By Product         
 6.1 Introduction          
 6.2 Structure Steels          
 6.3 Automotive Steel          
 6.4 Pipeline Steels          
 6.5 Stainless Steels          
 6.6 High Strength, Low Alloy steels (HSLA)        
             
7 Global Niobium Market, By Type          
 7.1 Introduction          
 7.2 Ferroniobium          
 7.3 Niobium Oxide          
 7.4 Niobium Metal          
 7.5 Vacuum Grade Niobium Alloys        
              
8 Global Niobium Market, By Source         

 8.1 Introduction          
 8.2 Pyrochlore          
 8.3 Columbite          
             
9 Global Niobium Market, By Application         
 9.1 Introduction          
 9.2 Steel           
 9.3 Super Alloys          
 9.4 Superconducting Magnets         
 9.5 Capacitors          
 9.6 Glass           
             
10 Global Niobium Market, By End User         
 10.1 Introduction          
 10.2 Construction          
 10.3 Automotive          
 10.4 Aerospace and Defence         
 10.5 Oil and Gas          
 10.6 Chemical           
             
11 Global Niobium Market, By Geography         
 11.1 Introduction          
 11.2 North America          
  11.2.1 US          
  11.2.2 Canada          
  11.2.3 Mexico          
 11.3 Europe           
  11.3.1 Germany          
  11.3.2 UK          
  11.3.3 Italy          
  11.3.4 France          
  11.3.5 Spain          
  11.3.6 Rest of Europe         
 11.4 Asia Pacific          
  11.4.1 Japan          
  11.4.2 China          
  11.4.3 India          
  11.4.4 Australia          
  11.4.5 New Zealand         
  11.4.6 South Korea         
  11.4.7 Rest of Asia Pacific         
 11.5 South America           
  11.5.1 Argentina         
  11.5.2 Brazil          
  11.5.3 Chile          
  11.5.4 Rest of South America        
 11.6 Middle East & Africa         
  11.6.1 Saudi Arabia         
  11.6.2 UAE          
  11.6.3 Qatar          
  11.6.4 South Africa         
  11.6.5 Rest of Middle East & Africa        
             
12 Key Developments           
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures      
 12.2 Acquisitions & Mergers         
 12.3 New Product Launch          
 12.4 Expansions          
 12.5 Other Key Strategies         
             
13 Company Profiling           
 13.1 Alkane Resources Ltd         
 13.2 Anglo American          
 13.3 CBMM           
 13.4 Corevale Limited          
 13.5 Global Advanced Metals         
 13.6 Grandview Materials         
 13.7 Molycorp           
 13.8 NIOBEC (Magris Resources Company)        
 13.9 NioCorp Developments Ltd         
 13.10 Taseko Mines Ltd          
 13.11 Titanex GmbH         


List of Tables            
1 Global Niobium Market Outlook, By Region (2017-2027) ($MN)      
2 Global Niobium Market Outlook, By Occurrence (2017-2027) ($MN)      
3 Global Niobium Market Outlook, By Carbonatites and Associates (2017-2027) ($MN)     
4 Global Niobium Market Outlook, By Columbite-Tantalite (2017-2027) ($MN)     
5 Global Niobium Market Outlook, By Product (2017-2027) ($MN)      
6 Global Niobium Market Outlook, By Structure Steels (2017-2027) ($MN)      
7 Global Niobium Market Outlook, By Automotive Steel (2017-2027) ($MN)     
8 Global Niobium Market Outlook, By Pipeline Steels (2017-2027) ($MN)      
9 Global Niobium Market Outlook, By Stainless Steels (2017-2027) ($MN)      
10 Global Niobium Market Outlook, By High Strength, Low Alloy steels (HSLA) (2017-2027) ($MN)   
11 Global Niobium Market Outlook, By Type (2017-2027) ($MN)       
12 Global Niobium Market Outlook, By Ferroniobium (2017-2027) ($MN)      
13 Global Niobium Market Outlook, By Niobium Oxide (2017-2027) ($MN)      
14 Global Niobium Market Outlook, By Niobium Metal (2017-2027) ($MN)      
15 Global Niobium Market Outlook, By Vacuum Grade Niobium Alloys (2017-2027) ($MN)    
16 Global Niobium Market Outlook, By Source (2017-2027) ($MN)      
17 Global Niobium Market Outlook, By Pyrochlore (2017-2027) ($MN)      
18 Global Niobium Market Outlook, By Columbite (2017-2027) ($MN)      
19 Global Niobium Market Outlook, By Application (2017-2027) ($MN)      
20 Global Niobium Market Outlook, By Steel (2017-2027) ($MN)       
21 Global Niobium Market Outlook, By Super Alloys (2017-2027) ($MN)      
22 Global Niobium Market Outlook, By Superconducting Magnets (2017-2027) ($MN)     
23 Global Niobium Market Outlook, By Capacitors (2017-2027) ($MN)      
24 Global Niobium Market Outlook, By Glass (2017-2027) ($MN)       
25 Global Niobium Market Outlook, By End User (2017-2027) ($MN)      
26 Global Niobium Market Outlook, By Construction (2017-2027) ($MN)      
27 Global Niobium Market Outlook, By Automotive (2017-2027) ($MN)      
28 Global Niobium Market Outlook, By Aerospace and Defence (2017-2027) ($MN)     
29 Global Niobium Market Outlook, By Oil and Gas (2017-2027) ($MN)      
30 Global Niobium Market Outlook, By Chemical (2017-2027) ($MN)      
             
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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