Global Hafnium Market Growth 2023-2029

Global Hafnium Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Hafnium Industry Forecast” looks at past sales and reviews total world Hafnium sales in 2022, providing a comprehensive analysis by region and market sector of projected Hafnium sales for 2023 through 2029. With Hafnium sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hafnium industry.
This Insight Report provides a comprehensive analysis of the global Hafnium landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hafnium portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hafnium market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hafnium and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hafnium.
The global Hafnium market size is projected to grow from US$ 70 million in 2022 to US$ 106 million in 2029; it is expected to grow at a CAGR of 106 from 2023 to 2029.
The world's hafnium resources are estimated to exceed 1 million tons, and abundant hafnium sales in North America and Europe.
Hafnium, widely used as a super alloy in aerospace and nuclear reactor control rods, accounts for 80% of the market.
This report presents a comprehensive overview, market shares, and growth opportunities of Hafnium market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Hafnium Sponge
Hafnium Crystal Bar
Others
Segmentation by application
Super Alloy
Nuclear
Plasma Cutting
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Alkane Resources
Orano
ATI
CNNC Jinghuan
Nanjing Youtian Metal Technology
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hafnium market?
What factors are driving Hafnium market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hafnium market opportunities vary by end market size?
How does Hafnium break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.