Niobium Market Size 2024-2028
The niobium market size is forecast to increase by USD 481.34 million at a CAGR of 5% between 2023 and 2028. The market is experiencing significant growth due to increased demand from various industries. Ferroalloy loadings in construction and infrastructure projects continue to drive market expansion. In addition, the increasing use of niobium in wind turbines, medical imaging, particle accelerators, high-performance batteries, and advanced materials such as iron-based superalloys, jet engine components, gas turbines, rocket subassemblies, turbo charger systems, and heat resisting combustion equipment are key growth factors. Industry leaders are setting industry standards in defense and aerospace, further boosting demand. However, the market faces challenges from limited supply and geographic concentration, which may impact pricing and availability.
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global niobium market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global niobium market 2018 - 2022 ($ million)
- 4.2 End-User Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – End-User Segment 2018 - 2022 ($ million)
- 4.3 Application Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Application Segment 2018 - 2022 ($ million)
- 4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
- 4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by End-user
- 6.1 Market segments
- Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
- Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
- 6.2 Comparison by End-user
- Exhibit 32: Chart on Comparison by End-user
- Exhibit 33: Data Table on Comparison by End-user
- 6.3 Construction - Market size and forecast 2023-2028
- Exhibit 34: Chart on Construction - Market size and forecast 2023-2028 ($ million)
- Exhibit 35: Data Table on Construction - Market size and forecast 2023-2028 ($ million)
- Exhibit 36: Chart on Construction - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Construction - Year-over-year growth 2023-2028 (%)
- 6.4 Automotive and transportation - Market size and forecast 2023-2028
- Exhibit 38: Chart on Automotive and transportation - Market size and forecast 2023-2028 ($ million)
- Exhibit 39: Data Table on Automotive and transportation - Market size and forecast 2023-2028 ($ million)
- Exhibit 40: Chart on Automotive and transportation - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Automotive and transportation - Year-over-year growth 2023-2028 (%)
- 6.5 Oil and gas - Market size and forecast 2023-2028
- Exhibit 42: Chart on Oil and gas - Market size and forecast 2023-2028 ($ million)
- Exhibit 43: Data Table on Oil and gas - Market size and forecast 2023-2028 ($ million)
- Exhibit 44: Chart on Oil and gas - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Oil and gas - Year-over-year growth 2023-2028 (%)
- 6.6 Aerospace and defense - Market size and forecast 2023-2028
- Exhibit 46: Chart on Aerospace and defense - Market size and forecast 2023-2028 ($ million)
- Exhibit 47: Data Table on Aerospace and defense - Market size and forecast 2023-2028 ($ million)
- Exhibit 48: Chart on Aerospace and defense - Year-over-year growth 2023-2028 (%)
- Exhibit 49: Data Table on Aerospace and defense - Year-over-year growth 2023-2028 (%)
- 6.7 Others - Market size and forecast 2023-2028
- Exhibit 50: Chart on Others - Market size and forecast 2023-2028 ($ million)
- Exhibit 51: Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Exhibit 52: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibit 53: Data Table on Others - Year-over-year growth 2023-2028 (%)
- 6.8 Market opportunity by End-user
- Exhibit 54: Market opportunity by End-user ($ million)
- Exhibit 55: Data Table on Market opportunity by End-user ($ million)
7 Market Segmentation by Application
- 7.1 Market segments
- Exhibit 56: Chart on Application - Market share 2023-2028 (%)
- Exhibit 57: Data Table on Application - Market share 2023-2028 (%)
- 7.2 Comparison by Application
- Exhibit 58: Chart on Comparison by Application
- Exhibit 59: Data Table on Comparison by Application
- 7.3 Steel manufacturing - Market size and forecast 2023-2028
- Exhibit 60: Chart on Steel manufacturing - Market size and forecast 2023-2028 ($ million)
- Exhibit 61: Data Table on Steel manufacturing - Market size and forecast 2023-2028 ($ million)
- Exhibit 62: Chart on Steel manufacturing - Year-over-year growth 2023-2028 (%)
- Exhibit 63: Data Table on Steel manufacturing - Year-over-year growth 2023-2028 (%)
- 7.4 Superalloys - Market size and forecast 2023-2028
- Exhibit 64: Chart on Superalloys - Market size and forecast 2023-2028 ($ million)
- Exhibit 65: Data Table on Superalloys - Market size and forecast 2023-2028 ($ million)
- Exhibit 66: Chart on Superalloys - Year-over-year growth 2023-2028 (%)
- Exhibit 67: Data Table on Superalloys - Year-over-year growth 2023-2028 (%)
- 7.5 Others - Market size and forecast 2023-2028
- Exhibit 68: Chart on Others - Market size and forecast 2023-2028 ($ million)
- Exhibit 69: Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Exhibit 70: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibit 71: Data Table on Others - Year-over-year growth 2023-2028 (%)
- 7.6 Market opportunity by Application
- Exhibit 72: Market opportunity by Application ($ million)
- Exhibit 73: Data Table on Market opportunity by Application ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 75: Chart on Market share by geography 2023-2028 (%)
- Exhibit 76: Data Table on Market share by geography 2023-2028 (%)
- 9.2 Geographic comparison
- Exhibit 77: Chart on Geographic comparison
- Exhibit 78: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2023-2028
- Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.4 North America - Market size and forecast 2023-2028
- Exhibit 83: Chart on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 84: Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 85: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.5 Europe - Market size and forecast 2023-2028
- Exhibit 87: Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 88: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 89: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.6 South America - Market size and forecast 2023-2028
- Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.7 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.8 US - Market size and forecast 2023-2028
- Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.9 China - Market size and forecast 2023-2028
- Exhibit 103: Chart on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 104: Data Table on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 105: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.10 India - Market size and forecast 2023-2028
- Exhibit 107: Chart on India - Market size and forecast 2023-2028 ($ million)
- Exhibit 108: Data Table on India - Market size and forecast 2023-2028 ($ million)
- Exhibit 109: Chart on India - Year-over-year growth 2023-2028 (%)
- Exhibit 110: Data Table on India - Year-over-year growth 2023-2028 (%)
- 9.11 Germany - Market size and forecast 2023-2028
- Exhibit 111: Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 112: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 113: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 114: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.12 Japan - Market size and forecast 2023-2028
- Exhibit 115: Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Exhibit 116: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Exhibit 117: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibit 118: Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity by geography
- Exhibit 119: Market opportunity by geography ($ million)
- Exhibit 120: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.3 Impact of drivers and challenges
- Exhibit 121: Impact of drivers and challenges in 2023 and 2028
11 Vendor Landscape
- 11.2 Vendor landscape
- Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 123: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 124: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 125: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 126: Matrix on vendor position and classification
- 12.3 Accumet Materials Co.
- Exhibit 127: Accumet Materials Co. - Overview
- Exhibit 128: Accumet Materials Co. - Product / Service
- Exhibit 129: Accumet Materials Co. - Key offerings
- 12.4 Admat Inc.
- Exhibit 130: Admat Inc. - Overview
- Exhibit 131: Admat Inc. - Product / Service
- Exhibit 132: Admat Inc. - Key offerings
- 12.5 ALL METAL SALES, INC.
- Exhibit 133: ALL METAL SALES, INC. - Overview
- Exhibit 134: ALL METAL SALES, INC. - Product / Service
- Exhibit 135: ALL METAL SALES, INC. - Key offerings
- 12.6 Aritech Chemazone Pvt. Ltd.
- Exhibit 136: Aritech Chemazone Pvt. Ltd. - Overview
- Exhibit 137: Aritech Chemazone Pvt. Ltd. - Product / Service
- Exhibit 138: Aritech Chemazone Pvt. Ltd. - Key offerings
- 12.7 China Molybdenum Co. Ltd.
- Exhibit 139: China Molybdenum Co. Ltd. - Overview
- Exhibit 140: China Molybdenum Co. Ltd. - Product / Service
- Exhibit 141: China Molybdenum Co. Ltd. - Key offerings
- 12.8 Companhia Brasileira de Metalurgia e Mineracao
- Exhibit 142: Companhia Brasileira de Metalurgia e Mineracao - Overview
- Exhibit 143: Companhia Brasileira de Metalurgia e Mineracao - Product / Service
- Exhibit 144: Companhia Brasileira de Metalurgia e Mineracao - Key offerings
- 12.9 Edgetech Industries LLC
- Exhibit 145: Edgetech Industries LLC - Overview
- Exhibit 146: Edgetech Industries LLC - Product / Service
- Exhibit 147: Edgetech Industries LLC - Key offerings
- 12.10 Excel Metal and Engg Industries
- Exhibit 148: Excel Metal and Engg Industries - Overview
- Exhibit 149: Excel Metal and Engg Industries - Product / Service
- Exhibit 150: Excel Metal and Engg Industries - Key offerings
- 12.11 Global Advanced Metals Pty Ltd.
- Exhibit 151: Global Advanced Metals Pty Ltd. - Overview
- Exhibit 152: Global Advanced Metals Pty Ltd. - Product / Service
- Exhibit 153: Global Advanced Metals Pty Ltd. - Key offerings
- 12.12 H.C. Starck Solutions
- Exhibit 154: H.C. Starck Solutions - Overview
- Exhibit 155: H.C. Starck Solutions - Product / Service
- Exhibit 156: H.C. Starck Solutions - Key offerings
- 12.13 Magris Performance Materials Inc.
- Exhibit 157: Magris Performance Materials Inc. - Overview
- Exhibit 158: Magris Performance Materials Inc. - Product / Service
- Exhibit 159: Magris Performance Materials Inc. - Key offerings
- 12.14 Manhar Metal Supply Corp.
- Exhibit 160: Manhar Metal Supply Corp. - Overview
- Exhibit 161: Manhar Metal Supply Corp. - Product / Service
- Exhibit 162: Manhar Metal Supply Corp. - Key offerings
- 12.15 Otto Chemie Pvt. Ltd.
- Exhibit 163: Otto Chemie Pvt. Ltd. - Overview
- Exhibit 164: Otto Chemie Pvt. Ltd. - Product / Service
- Exhibit 165: Otto Chemie Pvt. Ltd. - Key offerings
- 12.16 Plansee SE
- Exhibit 166: Plansee SE - Overview
- Exhibit 167: Plansee SE - Key offerings
- 12.17 Shree Bajrang Sales (p) Ltd.
- Exhibit 168: Shree Bajrang Sales (p) Ltd. - Overview
- Exhibit 169: Shree Bajrang Sales (p) Ltd. - Product / Service
- Exhibit 170: Shree Bajrang Sales (p) Ltd. - Key offerings
13 Appendix
- 13.2 Inclusions and exclusions checklist
- Exhibit 171: Inclusions checklist
- Exhibit 172: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 173: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 174: Research methodology
- Exhibit 175: Validation techniques employed for market sizing
- Exhibit 176: Information sources
- 13.5 List of abbreviations
- Exhibit 177: List of abbreviations
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