Global Hafnium Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Hafnium Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Hafnium market size was valued at USD 114.8 million in 2022 and is forecast to a readjusted size of USD 167.5 million by 2029 with a CAGR of 5.6% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The global key hafnium producers are Framatome, Australian Strategic , Materials (ASM), ATI, Chepetsky Mechanical Plant, Nanjing Youtian , Metal Technology, CNNC Jinghuan and others. The top two manufacturers jointly occupy 75% of the market share, with the largest manufacturer being Framatome, which has a 40% share. Global origins are mainly located in North America, Europe, China, Korea, etc., with Europe being the largest production region with a share of 55%. In terms of categories, hafnium crystal bars hold the largest market share with 60%, followed by hafnium sponge with 35%. As far as its applications are concerned, super alloy is its top application area with a 70% market share; followed by nuclear and plasma cutting.

Hafnium is a chemical element, chemical symbol is Hf, and its atomic number is 72, atomic weight of 178.49. It is a shiny silver-grey transition metal with a melting point of 2233°C, boiling point of 4602°C, and density of 13.31 g/cm3. The nature of dense hafnium metal is not active, the surface of the formation of oxide coating, at room temperature is very stable, powder hafnium easy to spontaneous combustion in air. Hafnium has a strong ability to absorb hydrogen and can form up to HfH2.1. Hafnium reacts with nitrogen at high temperatures. Due to the contraction of the lanthanide series, the atomic radius of the hafnium is almost the same as that of the zirconium, so the hafnium is very similar to the zirconium in nature and is difficult to separate, it mainly because the density of the hafnium is twice that of the zirconium. Hafnium does not act with dilute hydrochloric acid, dilute sulfuric acid and strong alkali solution, but soluble in hydrofluoric acid. Hafnium has an oxidation state of +2, +3, +4, among which the +4 valence compound is the most stable. Hafnium is used in filaments and electrodes. Some semiconductor fabrication processes use its oxide for integrated circuits at 45 nm and smaller feature lengths. Some super alloys used for special applications contain hafnium in combination with niobium, titanium, or tungsten.

This report is a detailed and comprehensive analysis for global Hafnium market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Hafnium market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2018-2029

Global Hafnium market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2018-2029

Global Hafnium market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2018-2029

Global Hafnium market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/Kg), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Hafnium

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Hafnium market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Framatome, Australian Strategic Materials (ASM), ATI, Chepetsky Mechanical Plant and Nanjing Youtian Metal Technology and etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

Hafnium market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Hafnium Sponge
Hafnium Crystal Bar
Others

Market segment by Application
Super Alloy
Nuclear
Plasma Cutting
Others

Major players covered
Framatome
Australian Strategic Materials (ASM)
ATI
Chepetsky Mechanical Plant
Nanjing Youtian Metal Technology
CNNC Jinghuan

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Hafnium product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Hafnium, with price, sales, revenue and global market share of Hafnium from 2018 to 2023.

Chapter 3, the Hafnium competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Hafnium breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Hafnium market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Hafnium.

Chapter 14 and 15, to describe Hafnium sales channel, distributors, customers, research findings and conclusion.