Cobalt-based alloys are cobalt as the main component, containing other metal such as nickel, chromium, tungsten and a small amount of alloying elements such as molybdenum, niobium, tantalum, titanium, lanthanum, and occasionally iron. According to the different components in the alloy, Cobalt-based alloys can be made into castings and forgings metal parts and powder metallurgy parts.
The Cobalt Alloys industry can be broken down into 2 segments, Cobalt-Base Wear-Resistant Alloys, Cobalt-Base High-Temperature Alloys, etc.
This report contains market size and forecasts of Cobalt Alloys in global, including the following market information:
Global Cobalt Alloys Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Cobalt Alloys Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Cobalt Alloys companies in 2021 (%)
The global Cobalt Alloys market was valued at 322.7 million in 2021 and is projected to reach US$ 390.8 million by 2028, at a CAGR of 2.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Cobalt-Base Wear-Resistant Alloys Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Cobalt Alloys include Precision Castparts Corporation, Kennametal, VDM Metals, Carpenter, ATI, Haynes, Hitachi Metals, Shanghai Zhongzhou Special Alloy Materials and Arcam, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Cobalt Alloys manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cobalt Alloys Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Cobalt Alloys Market Segment Percentages, by Type, 2021 (%)
Cobalt-Base Wear-Resistant Alloys
Cobalt-Base High-Temperature Alloys
Global Cobalt Alloys Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Cobalt Alloys Market Segment Percentages, by Application, 2021 (%)
Aerospace
Energy
Medical
Industrial
Other
Global Cobalt Alloys Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Cobalt Alloys Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cobalt Alloys revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Cobalt Alloys revenues share in global market, 2021 (%)
Key companies Cobalt Alloys sales in global market, 2017-2022 (Estimated), (MT)
Key companies Cobalt Alloys sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Precision Castparts Corporation
Kennametal
VDM Metals
Carpenter
ATI
Haynes
Hitachi Metals
Shanghai Zhongzhou Special Alloy Materials
Arcam
Kulzer
EOS
SLM