Title: Tantalum Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast (2022-2027)
1Tantalum Market - Industry Analysis, Market Size,
Share, Trends, Application Analysis, Growth And
Forecast (2022-2027)
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
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- The Tantalum market size is estimated to reach a
value of US451.6 million by the end of 2027
after growing at a CAGR of 4.5 during the
forecast period 2022-2027. Tantalum is a
transition metal with a high melting point and
strong corrosion resistance and it includes
indium, lithium, molybdenum and niobium. - The tantalum market is expanding due to reasons
such as increased demand for tantalum in the
manufacture of electronic equipment and gadgets,
as well as developing industries such as aviation
and aerospace.
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- Key Takeaways
- The demand for electronic devices has increased
due to a number of factors, including the
expanding use of tantalum indium, lithium,
tantalum- molybdenum, niobium, tantalum alloys in
gas turbines and aviation, rising adoption of
cutting-edge technologies, automation and others,
as well as rising product demand in the
electronics sector for high power resistors and
capacitors. - Increasing advancement and replacement of aging
power infrastructure, an increasing number of
applications in medical, space, renewable energy
and others.
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By Distribution Channel- Segment Analysis The
Electrical Electronics segment held a
significant share in the Tantalum market share in
2021 and is projected to grow at a CAGR of
4.8 during the forecast period 2022-2027. The
electronics industry is growing rapidly owing to
the high demand for electrical devices and
consumer electronics such as smartphones, TV, PC
and others in the work-from-home scenario.
According to the India Brand Equity Foundation
(IBEF), the electronics manufacturing industry in
India is projected to reach US520 billion by the
year 2025.
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- Tantalum Market Industry Outlook
- 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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- Analyst Briefing
- Data Tables
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