Tantalum, a rare earth metal is hard and bluish grey in appearance. It has incredibly high melting point and is enhanced by tungsten, rhenium, carbon and osmium. Tantalum, together with alike metals like neobium is found in minerals namely, coltan, columbite and tantalite. Tantalum is derived from hard rocks mines, artisanal mines and tin slags. It is highly corrosion resistant and forms a part of refractory metals group. Tantalum is used as capacitors in electronic components like mobile phones, video games systems, dvd players and computers.
Market Dynamics
The market for tantalum market is driven by the high demand for tantalum for the manufacture of electronic equipments, gadgets and also from aviation and aerospace industries. Along with it, the application of tantalum wire or powder in super alloys, also drives the growth of the tantalum market. However, the gap between the demand and supply of tantalum, fluctuating prices of tantalums restricts the fruitful growth of the tantalum market. An upsurge in mining activities and long term supply agreements are factors anticipated to propel the tantalum market in the near future.
Market Scope
The "Global Tantalum Market Analysis to 2028" is a specialized and in-depth study of the chemical and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the tantalum market with detailed market segmentation by product form, application and geography. The global tantalum market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading tantalum players and offers key trends and opportunities in the market.
Market Segmentation
The global tantalum market is segmented on the basis of product form, application and geography. On the basis of product form the market classify into metal, carbide, powder, alloys, chemical refining, electrolysis and others. The market on the basis of application is broken into capacitors, semiconductors, engine turbine blades, medical equipment, chemical processing equipment, electronics and others.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The tantalum market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the tantalum market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the tantalum market in these regions.
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MARKET PLAYERSThe reports cover key developments in the tantalum market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from tantalum market are anticipated to lucrative growth opportunities in the future with the rising demand for tantalum in the global market. Below mentioned is the list of few companies engaged in the tantalum market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the tantalum market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last 3 years, the key development in the past five years.
-Cabot Corporation
-China Minmetals Corporation
-Duoluoshan Sapphire Rare Metal Co. Ltd.
-Ethiopia Mineral Development Share Company
-Fogang Jiata Metals Co. Ltd.
-H.C. Strack
-Metallurgical products India pvt. Ltd.
-Ningxia Orient Tantalum Industry Co. Ltd.
-Talison Minerals Pty Ltd.
-ULBA Metallurgical Plant
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