Market Snapshot:
Tantalum Anode Powder Wire is a corrosion resistant and good thermal conductor which is used to take hydrogen, oxygen, and nitrogen away from the atmosphere. Tantalum is the third most refractory metal after tungsten and rhenium, with a melting point of 2980 ° C. Tantalum also has a series of excellent properties such as low vapor pressure, good cold workability and high chemical stability.
Highlights from Tantalum Anode Powder Wire Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The key Vendors profiled in the report are Admat Inc. (United States), American Elements (United States), Allegheny Technologies Inc. (United States), Edgetech Industry (United States), Ningxia Orient Tantalum Industry (China), Heeger Materials (United States), Eagle Alloys (United States), Citizen Metals Pvt Ltd (India), Michigan Metals & Manufacturing, Inc (United States) and California Metal abd Supply Inc (United States). Additionally, other players that are part of this comprehensive study are Global Advanced Metals (United States).
Geographic Breakdown and Segment Analysis
The Global Tantalum Anode Powder Wire market presents a comprehensive analysis of the Tantalum Anode Powder Wire market by product type (Chemical Corrosion Resistant, High Temperature Resistant, Capacitor Tantalum Wire and Other), by end-user/application (Semiconductor, Chemical Vapor Deposition (CVD), Physical Vapor Deposition (PVD), Electronic Beam Evaporation, Atomic Layer Deposition (ALD) and Other), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Tantalum Anode Powder Wire industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Tantalum Anode Powder Wire market
Analyst at AMA have segmented the market study of Global Tantalum Anode Powder Wire market by Type, Application and Region.
Influencing Trend:
Technological Advancements in Chemical Industry and Rapidly Growing Industrialization
Market Growth Drivers:
Increasing Demand in Electronics Circuits and Capacitors Manufacturing, Rising Demand in Automotive Industries and Rising Demand in Aerospace and Superconducting Technology
Challenges:
Limited Raw Material Availability for Tantalum Anode Powder Wire and Lack of Manpower and Skilled Labor for Production Tantalum Anode Powder Wire
Restraints:
Initially More Expensive than Aluminum as a Substitute
Opportunities:
Growth in Chemical engineering and Infrastructure and Continuously Growing Automotive Industry
On 18 April 2020, Admat Inc, has announced an expanded Tantalum portfolio with the addition of Tantalum 7.5% Tungsten wire. This particular alloy is designed for used in chlorination systems for water purification. Our customers will fabricate the wire into various size springs which will open and close valves feeding chlorine gas. This particular alloy is well suited to handle the corrosive nature of chlorine. But only Admat’s production process ensures the ideal mechanical properties to prevent failure, even after millions of cycles.
Regulatory Insights:
On 25 August 2022, DoD has adopted as final, with changes, an interim rule amending the Defense Federal Acquisition Regulation Supplement (DFARS) to implement a section of the National Defense Authorization Act for Fiscal Year 2020 that prohibits acquisition of tantalum metals and alloys from North Korea, China, Russia, and Iran.
The market for Tantalum Anode Powder Wire is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share.
Key Target Audience
Tantalum Anode Powder Wire Manufacturers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others