Metals and Minerals

July 19, 2016 | 60 Pages | SKU: IRTNTR9872

Overview of the global niobium market

Technavio’s market research analyst predicts the global niobium market to grow at a CAGR of more than 7% by 2020. One of the latest developments in the niobium market is the advancement of high-performance electroceramics. The growth of ultra-high-purity niobium in particular grain sizes and stringent distributions is escalating the development of high-performance electric materials like electroceramics. The need for compact and high-performance electroceramics has increased due to the growth and commercialization of new technologies such as computers, mobile devices, and the Internet. The vendors in the market are making huge investments in R&D to produce niobium oxides and associated compounds that have smaller grain sizes, highest possible purities, and tight grain distributions. The use of these oxides and compounds will lead to their extensive applications in the electroceramics industry in the future.

APAC will be the largest revenue-generating region in the market and is anticipated to account for around 51% of the overall market revenue. The demand for HSLA steel in APAC is driven mainly by the flourishing construction industry in the region, with India, China, Japan, and South Korea as the leading nations that use Ferroniobium as an additive for making HSLA steel. With growing investments in both infrastructure and non-residential sector will drive the construction market in APAC, resulting in the high consumption of niobium in the region over the next few years.

Competitive landscape and key vendors

This market is oligopolistic in nature and is tightly integrated. It is dominated by the Brazilian vendor CBMM, which accounts for almost 75% of the total market revenue. Global production


July 05, 2016 | 60 Pages | SKU: IRTNTR9852

Overview of the global 3D printing materials market

Technavio’s market research analyst predicts the global 3D printing materials market to grow at a CAGR of more than 25% by 2020. The increase in the use of 3D metal printing for industrial applications is a major driver for the 3D printing materials market. Metal 3D printing finds wide industrial applications and is gaining better market share over plastics. Metal 3D printing is widely adopted for prototyping processes because it can produce complex shapes with shorter lead time. Some of the high valued products from 3D printing are aircraft engines and turbine components. Metal 3D printing is also used in manufacturing inserts, direct tooling, and molds with cooling channels in the tool and mold making segment. The industrial end users of such 3D printing technique include service bureaus, research institutions, and aerospace industry. Another development gaining traction in the market includes 3D bioprinting technology, which is used primarily in the healthcare sector.

EMEA is the fastest-growing region in the 3D printing materials market and is anticipated to register a CAGR of around 24% during the forecast period. Europe is the major revenue-contributing country in the EMEA region. Much of Europe’s growth comes from the automotive segment with Germany as a hub for the automotive industry. Growing investments in innovative technology R&D projects that use of 3D printing technology will have positive effects on the market growth in this region during the forecast period.

Competitive landscape and key vendors

The market is highly diversified and comprises several vendors. These vendors offer plastics, steel, nickel, cobalt-chrome, titanium, and aluminum 3D printing materials. The vendors in the market are focusing


July 05, 2016 | 60 Pages | SKU: IRTNTR9205

Outlook of the global silica minerals mining market

Technavio’s market research analyst predicts that the global silica minerals mining market will grow at a steady CAGR of just over 5% during the forecast period. Due to the resurgence of the global gas industry, the silica minerals mining industry has been experiencing a high demand for sand. Silica sand is used in the oil industry for the hydraulic fracturing process as it helps in the extraction of gasses. With the growing demand for silica from oil companies, the growth prospects for this market will witness a stark increase until the end of the predicted period.

The market demand for silica minerals is very high due to an increase in horizontal well drilling by oil companies. Service companies like Schlumberger are always refining fracking techniques and technologies so that they can maximize hydrocarbon recovery from every well. One of the most used techniques is horizontal drilling, which requires more stages in the fracking process. This means that more proppant has to be used at each stage, resulting in a higher need for silica sand. This market trend favors the growth of the silica minerals mining market during the forecast period.

Segmentation by end use and analysis of the silica minerals mining market

  • Glass
  • Hydraulic fracturing
  • Foundry
  • Construction
  • Sports and leisure
  • Chemicals

The glass segment dominates the global silica minerals mining market and is expected to use close to 74 million metric tons of silica minerals by the end of the forecast period. Much of this growth can be attributed to the rise in demand for silica sand from industries such as construction, solar panels, specialty glass, and automotive. Furthermore, with


July 01, 2016 | 47 Pages | SKU: IRTNTR8806

Outlook of the global arsenic market

Technavio’s market research analyst predicts that the global arsenic market will grow at a rate of approximately 2% during the forecast period. Arsenic and its compounds find many applications across various industries. Gallium arsenide, an arsenic derivative, is preferred to silicon in the production of semiconductors because the speed of electrons in gallium arsenide is five times greater than that of silicon. The compound possesses a high electrical resistance and is semi-insulating. It also offers a broad range of operating temperatures and can absorb broader frequencies of electromagnetic radiations due to which it is widely used as a dopant for many advanced semiconductor applications in military and space programs. The rising demand for gallium arsenide will, in turn, propel market growth for arsenic until the end of 2020.

In this market study, analysts have estimated factors like the growing demand for communication devices to impel the prospects for market growth during the forecast period. Due to the rising penetration of high-speed internet connectivity, the adoption of smartphones has increased significantly. This growth in the Internet’s penetration will indirectly spur data consumption and downloads via mobile handsets and communication devices. The increase in the demand for data downloads will foster the need for mobile handsets, which in turn will present an enormous opportunity for arsenic to be utilized in the form of gallium arsenide in such devices.

Segmentation by application and analysis of the arsenic market

  • Insecticides and herbicides
  • Wood preservatives
  • Glass making
  • Electronics

In 2015, the insecticides and herbicides segment dominated this market and accounted for a market share of


July 01, 2016 | 53 Pages | SKU: IRTNTR9150

Outlook of the chromium mining market

Technavio’s market research analysts have predicted the global chromium mining market to grow at a moderate CAGR of more than 5% during the forecast period. The increasing demand from the stainless steel market is one of the key factors driving the growth of this market globally. Stainless steel has extensive applications in various industries including manufacturing, construction and infrastructure, automotive, transport, and electrical machinery. Moreover, stainless steel is rust resistant and can be sterilized easily, making it ideal for daily use products. Since chromium is an essential raw material in the production of ferrochrome, growth in the steel industry will indirectly result in the growth of the chromium market during the predicted period.

In this industry research report, the analysts have estimated factors like the increase in production of non-met chromite to bolster the growth prospects of this market until the end of 2020. The production of non-met chromite for foundry and chemical grade chromite is expected to grow in the coming years. Non-met products are a by-product of metallurgical grade chromium production. However, due to the rapid growth, most companies are entering into the manufacture of foundry products. For instance, in 2015, Mineral Technologies entered a joint venture with Glencore to supply foundry grade chromite. With an increasing number of companies manufacturing foundry products, the market for chromium has a positive outlook until the end of 2020.

Segmentation by type and analysis of the chromium mining market

  • Metallurgical
  • Chemical and foundry sand
  • Refractory

In 2015, the metallurgical segment dominated the chromium mining market and accounted for almost 95% of the market share. Metallurgical ore is


July 01, 2016 | 60 Pages | SKU: IRTNTR9328

Outlook of the global aluminum foils market

Technavio’s market research analysts have envisaged the global aluminum foils market to grow steadily at a CAGR of more than 5% over the forecast period. Increasing demand from the healthcare industry is one of the key factors driving the growth of the aluminum foils market in the coming years. The healthcare industry comprises the pharmaceutical and medical devices sectors, both of which are growing rapidly around the world. This increases the scope for vendors of packaging materials to invest in products that offer better quality and reliability. Moreover, several companies are expanding their businesses in emerging economies, which will impel the growth prospects for this market until the end of 2020.

In this industry research study, the analysts have estimated factors such as technological advancements in the production of aluminum foils to spur the growth prospects for this market in the next four years. Aluminum foil producers are adopting new technologies to reduce carbon emission during the production process. For example, Norsk Hydro has started using catalytic exhaust air treatment technology, which is applicable for all foil annealing furnaces. This new and improved technology has helped in significantly reducing the odor in process exhaust, carbon emission, and energy costs. Moreover, due to the increasing cost of electricity, manufacturers are increasingly focusing on using alternative sources of energy; for instance, RUSAL has planned a project for construction of gas-powered electrical generator at Ural Foil to produce its own heat and power for the plant.

Segmentation by end user and analysis of the aluminum foils market

  • Consumer packaging
  • Pharmaceutical packaging
  • Industrial

During 2015, the consumer packaging segment dominated the market and accounted for more than 72% of


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