About Tantalum Plate
A tantalum plate is a dark blue or grey metal that is very heavy, hard, and ductile and has high corrosion resistance. Tantalum plate is especially resistant to chemicals at temperatures below 150 °C and can only be melted with hydrofluoric acid. Tantalum has the fourth highest melting point of all metals and is able to form enormously thin and protective oxide layers for high-quality capacitors, making it an excellent material for lumps. Its corrosion resistant properties provide multiple benefits for end users including lower operating downtime, longer equipment life, and increased operating temperatures. Owing to its high corrosion capacity, it has been extensively used in chemical, military, machinery, among other industries.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.9% |
Tantalum Plate is a fragmented market due to the presence of various players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States and China Vendors will contribute the maximum growth to Global Tantalum Plate market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Admat Inc. (United States), Changsha South (China), Western Metal (Nigeria), Stanford Advanced Materials (United States), PLANSEE SE (Austria), H.C. Starck GmbH (Germany), Baoji Zhongpu (China), Firmetal (China), Vascotube (Germany) and Zhuzhou Jiabang (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Global Advanced Metals (Australia), Ningxia Orient (China) and ATI Metal (United States).
Segmentation Overview
AMA Research has segmented the market of Global Tantalum Plate market by Type (Foil, Sheet and Board), Application (Chemical Industry, Aerospace & Military Industry, Machinery and Other) and Region.
On the basis of geography, the market of Tantalum Plate has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Government investment in research and development.
Market Growth Drivers:
The growth of the Electronic & Chemical Industry and Extensive Usage of Tantalum Alloys in Aviation and Gas Turbine
Challenges:
Price volatility.
Restraints:
Detrimental Effect of Tantalum Powder
Opportunities:
Replacement of Solid Capacitors with Polymer Tantalum Capacitors and Emerging Demand from Economies
Market Leaders and their expansionary development strategies
In March 2018, Waltham, Global Advanced Metals Pty Ltd, a leading producer of tantalum as well as niobium products, and LPW Technology (LPW), a global manufacturer of high-quality metal powders exclusively for additive manufacturing, announced a cooperative agreement to further demonstrate the suitability of spheroidized tantalum for 3D metal printing.
Key Target Audience
Tantalum Plate Manufacturers, Raw Material Suppliers, Distributors, Importer/Exporter and Regulatory and Government Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.