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Global Niobium Market Analysis To Grow At CAGR Of 7.5% Over period 2016-2020

Press release   •   Jul 14, 2016 07:51 EDT

About the Niobium Market

Niobium is a refractory metal that is valued for its unique chemical properties, including extraordinary resistance to heat and wear and inertness. It has a high melting point of 4,474.4F and a boiling point of 8,900.6F. It is used as an alloying element in steel production in the form of ferroniobium (Fe-Nb).

Technavios analysts forecast the global niobium market to grow at a CAGR of 7.5% during the period

Covered in this report

The report covers the present scenario and the growth prospects of the global niobium market for 2016-2020.

The market is divided into the following segments based on geography:





Technavio's report, Global Niobium Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Advanced Metallurgical Group

Anglo American


Magris Resources

Global Advanced Metals

Market driver

Extensive use of niobium in steel production

For a full, detailed list, view our report

Market challenge

Availability of alternatives for niobium

For a full, detailed list, view our report

Market trend

Advancement of high-performance electroceramics

For a full, detailed list, view our report

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Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.