What is Superalloy Honeycomb Materials?
Superalloys are high-temperature alloys, as they maintain their toughness and strength at elevated temperatures. The honeycomb structure consists of two thin, stiff, strong sheets serving as the primary load-carrying elements and a thick layer of low-density core providing shear resistance and stiffness. High strength, stiffness, corrosive resistance, and minimum raw material requirement in manufacturing are some of the characteristics of high-temperature honeycomb structures. Superalloy honeycomb materials possess properties like mechanical strength, significant surface stability, creep resistance, and corrosion & oxidation resistance at high temperatures. The rise in demand for these materials in the aviation and automotive industries will drive market growth in the near future. The surge in demand for excellent strength-to-weight ratio and lightweight vehicles across the globe drive the growth of the global superalloy honeycomb materials market.
The market study is broken down by Type (Nickel, Stainless Steel and Others (Nimonic Alloys, Other Weldable Ductile Materials)), by Application (Disks, Vanes, Engine Blades, Seals for Aircraft Engines and Others) and major geographies with country level break-up.
Research Analyst at AMA estimates that Vendors from United States will contribute to the maximum growth of Global Superalloy Honeycomb Materials market throughout the predicted period.
Oerlikon Metco (Switzerland), Haynes International (United States), JSC Rotec (Russia), Hamilton Precision Metals (Ametek) (United States), Hi Tech Honeycomb (United States), Quality Honeycomb (United States), Allegheny Technologies, Inc. (United States), Chromalloy Gas Turbine, LLC (United States), Forged Solutions Group (United Kingdom) and Indy Honeycomb (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Ander Beijing (China), Howmet Aerospace, Inc. (United States) and Showa Aircraft Industry (United States).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Superalloy Honeycomb Materials market by Type, Application and Region.
On the basis of geography, the market of Superalloy Honeycomb Materials has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry Verticals, the sub-segment i.e. Aerospace & Defense will boost the Superalloy Honeycomb Materials market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On March 02, 2017, Oerlikon Metco, a leading materials, and surface solutions provider, has acquired assets, technologies, and key people from Recentis Advanced Materials Inc. to strengthen its position in the coating materials market.
On October 14, 2019, ROTEC has signed the contract for the supply of welded honeycomb seals to the PT NGLTech Services Indonesia, which specializes in the maintenance of equipment for the oil & gas industry and related efficiency-boosting solutions.
Market Drivers
- Increase in Production of Automobiles and Aircraft across the Globe
- Rise in Space and Aviation Activities across the Globe
Opportunities
- Growing Technological Development in 3D Printing Technologies
Restraints
- High Cost Associated With Raw Materials Used For Developing the Superalloys Honeycomb Materials
- High Production Cost of the Material and Parts
Challenges
- Difficulties in Choosing the Correct Honeycomb Core for Application
Key Target Audience
Superalloy Honeycomb Materials Manufacturers, Raw Material Suppliers, Traders/Exporters/Importers, Distributors, and Suppliers, End-use Industries and Others
About Approach
During this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Customization available in this Study:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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