Niobium is a chemical element with symbol Nb and atomic number 41. Niobium is a rare, soft, malleable, ductile, gray-white metal. It has a body-centered cubic crystalline structure and in its physical and chemical properties it resembles tantalum. It must be placed in a protective atmosphere when processed at even moderate temperatures because it tends to react with oxygen, carbon, the halogens, nitrogen, and sulfur. The metal is inert to acids, even to aqua regia at room temperatures, but is attacked by hot, concentrated acids, and expecially by alkalis and oxidizing agents.
This report contains market size and forecasts of Niobium in global, including the following market information:
Global Niobium Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Niobium Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Niobium companies in 2021 (%)
The global Niobium market was valued at 1528 million in 2021 and is projected to reach US$ 1936.8 million by 2028, at a CAGR of 3.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Ferroniobium Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Niobium include CMBB, Niobec and Anglo American, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Niobium 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 Niobium Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Niobium Market Segment Percentages, by Type, 2021 (%)
Ferroniobium
Niobium Oxide
Niobium Metal
Global Niobium Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Niobium Market Segment Percentages, by Application, 2021 (%)
Structure Steels
Automotive Steel
Pipeline Steels
Stainless Steels
Others
Global Niobium Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Niobium 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 Niobium revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Niobium revenues share in global market, 2021 (%)
Key companies Niobium sales in global market, 2017-2022 (Estimated), (MT)
Key companies Niobium sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
CMBB
Niobec
Anglo American