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Niobium is a chemical element with symbol Nb and atomic number 41. Niobium is a rare, soft, malleable, ductile, gray-white metal. It has a body-centered cubic crystalline structure and in its physical and chemical properties it resembles tantalum. It must be placed in a protective atmosphere when processed at even moderate temperatures because it tends to react with oxygen, carbon, the halogens, nitrogen, and sulfur. The metal is inert to acids, even to aqua regia at room temperatures, but is attacked by hot, concentrated acids, and expecially by alkalis and oxidizing agents.
Market Analysis and Insights: Global Niobium Market
Due to the COVID-19 pandemic, the global Niobium market size is estimated to be worth US$ 1485 million in 2021 and is forecast to a readjusted size of US$ 1485 million by 2028 with a CAGR of 3.6% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Niobium global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Global Niobium key players include CBMM, Niobec, etc. Global top two manufacturers hold a share over 85%.
Brazil is the largest market, with a share over 85%, followed by Canada, with a share over 10 percent.
In terms of product, Crystal Oscillators is the largest segment, with a share over 85%. And in terms of application, the largest application is Structure Steels, followed by Pipeline Steels, Automotive Steel, Stainless Steels, etc.
Global Niobium Scope and Market Size
The global Niobium market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Niobium market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Ferroniobium
Niobium Oxide
Niobium Metal
Segment by Application
Structure Steels
Automotive Steel
Pipeline Steels
Stainless Steels
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
CMBB
Niobec
Anglo American
Market Analysis and Insights: Global Niobium Market
Due to the COVID-19 pandemic, the global Niobium market size is estimated to be worth US$ 1485 million in 2021 and is forecast to a readjusted size of US$ 1485 million by 2028 with a CAGR of 3.6% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Niobium global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Global Niobium key players include CBMM, Niobec, etc. Global top two manufacturers hold a share over 85%.
Brazil is the largest market, with a share over 85%, followed by Canada, with a share over 10 percent.
In terms of product, Crystal Oscillators is the largest segment, with a share over 85%. And in terms of application, the largest application is Structure Steels, followed by Pipeline Steels, Automotive Steel, Stainless Steels, etc.
Global Niobium Scope and Market Size
The global Niobium market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Niobium market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Ferroniobium
Niobium Oxide
Niobium Metal
Segment by Application
Structure Steels
Automotive Steel
Pipeline Steels
Stainless Steels
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
CMBB
Niobec
Anglo American
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
