Top Companies in Aerospace Super Alloy Market | Major Brands of Industry Size, Share, Market Cap by VMR
A superalloy, also known as a high-performance alloy, is a metal that can operate at temperatures far below its melting point.
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MARKET OVERVIEW
The Global Aerospace Super Alloy Market is valued at USD 2,085.5 Million in 2021 and is projected to reach a value of USD 3,478.3 Million by 2028 at a CAGR of 8.90% over the forecast period. The Aerospace Super Alloy Market is probable to sign up notable profits over the approaching years thanks to the increasing aerospace production sector, clean availability of uncooked substances and free powerful labor, growing call for helicopters, and excessive product utilization in aero engines. The superalloy improvement for aerospace businesses has in large part contributed to the economic gasoline system in addition to the weight ratio of those aero engines. This may be decided with the aid of using the attention of TET (turbine access temperature) to the temperature of extraordinarily warm gases that input the turbine arrangement.
The market for excellent aerospace alloys is projected to be driven through an excellent evaluation by the installation of aerospace heated skins on multi-role transportation planes. Defense modernization spending has favorable market growth. Also, developing plane safety and repair hobbies across the world will strengthen the market growth.
Some of the key players operating in the Aerospace Super Alloy Market are listed below:
|
Company Name |
Revenue in USD |
|
$2 Billion |
|
$1 Billion |
|
$6 Billion |
|
$1 Billion |
|
$597 Million |
|
$364 Million |
|
$9 Billion |
|
$166 Million |
|
$4 Billion |
Allegheny Technologies Incorporated (ATI) is a specialty metals company headquartered at Six PPG Place in Pittsburgh, Pennsylvania. ATI produces titanium and titanium alloys, nickel-based alloys and superalloys, grain-oriented electrical steel, stainless and specialty steels, zirconium, hafnium, and niobium, tungsten materials, forgings, and castings. ATI's key markets are aerospace and defense particularly commercial jet engines (over 50% of sales), oil & gas, chemical process industry, electrical energy, and medical.
VDM Metals GmbH is located in Unna, Nordrhein-Westfalen, Germany and is part of the Nonferrous Metal (except Aluminium) Production and Processing Industry. There are 114 companies in the VDM Metals GmbH corporate family.
Company Description: Arconic Inc. is located in Houston, TX, United States, and is part of the Pharmaceutical and Medicine Manufacturing Industry. Arconic is a provider of aluminum sheets, plates, extrusions, and other architectural products. It serves the automotive, aerospace, commercial transportation, industrial, packaging and building, and construction markets. The company was formed as a result of the demerger of Arconic into Howmet Aerospace and Arconic Corporation.
Carpenter Technology Corporation develops, manufactures, and distributes stainless steel and corrosion-resistant alloys. In the fiscal year 2018, the company's revenues were derived from the aerospace and defense industry (55%), the industrial and consumer industry (17%), the medical industry (8%), the transportation industry (7%), the energy industry (7%), and the distribution industry (6%). The company's products are used in landing gear, shaft collars, safety wires, electricity generation products, intervertebral disc arthroplasty, and engine valves and welding.
Doncaster’s is an international manufacturer of engineering components for a variety of industry applications. The company's core manufacturing processes include precision casting, forging, fabrication, machining, and production of superalloys. The company was founded in 1778 and is headquartered in the UK.
Haynes International, Inc., headquartered in Kokomo, Indiana, is one of the largest producers of corrosion-resistant and high-temperature alloys. In addition to Kokomo, Haynes has manufacturing facilities in Arcadia, Louisiana, and Mountain Home, North Carolina.
IHI Corporation, formerly known as Ishikawajima-Harima Heavy Industries Co., Ltd. is a Japanese engineering corporation headquartered in Tokyo, Japan that produces and offers ships, space launch vehicles, aircraft engines, marine diesel engines, gas turbines, gas engines, railway systems, turbochargers for automobiles, plant engineering, industrial machinery, power station boilers and other facilities, suspension bridges, and other structures.
Mishra Dhatu Nigam Limited is a specialized metal and metal alloys manufacturing facility in India, located in Hyderabad, Telangana. It is a Public Sector Undertaking (PSU), under the administrative control of the Department of Defence Production, Ministry of Defence, Government of India. MIDHANI is the only producer of Titanium in India.
Howmet Aerospace Inc. is an American aerospace company based in Pittsburgh, Pennsylvania. The company manufactures components for jet engines, fasteners and titanium structures for aerospace applications, and forged aluminum wheels for heavy trucks.
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