Global Tantalum Market Growth 2023-2029

Global Tantalum Market Growth 2023-2029

Tantalum is an element of the periodic table with the symbol Ta, and atomic number 73. Tantalum finds use as an industrial metal due to its properties of capacitance, hardness, corrosion resistance, and high heat resistance. Tantalum is available in the form of wire, sputtering target, and rod, and compounds as nanopowders. Tantalum is usually found in the compound form and is not available in nature as a free element. The most common tantalum mineral is columbite or tantalite. Both tantalite and columbite have the same mineral structure.

LPI (LP Information)' newest research report, the “Tantalum Industry Forecast” looks at past sales and reviews total world Tantalum sales in 2022, providing a comprehensive analysis by region and market sector of projected Tantalum sales for 2023 through 2029. With Tantalum sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tantalum industry.

This Insight Report provides a comprehensive analysis of the global Tantalum 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 Tantalum portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Tantalum market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tantalum 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 Tantalum.

The global Tantalum market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Major factors driving the market growth include the growing demand for tantalum in electronics industry and extensive use of tantalum alloys in aviation and gas turbine. However, the market faces certain drawbacks, due to the detrimental effects of tantalum powder, which may act as a roadblock to the tantalum market growth.

This report presents a comprehensive overview, market shares, and growth opportunities of Tantalum market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Chemical Refining
Electrolysis & Fabrication
Metalworking
Anode Powder and Wire
Superalloy
Sputtering Targets

Segmentation by application
Capacitors
Carbide Cutting Tools and Wear Parts
Turbine and Aircraft Structural Parts
Medical Implants
Optical Coatings
Thin Film Resistors

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.
H.C. Strack
Ningxia Orient Tantalum Industry
Duoluoshan Sapphire Rare Metal
Fogang Jiata Metals
Metallurgical Products
ULBA Metallurgical Plant

Key Questions Addressed in this Report

What is the 10-year outlook for the global Tantalum market?

What factors are driving Tantalum market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Tantalum market opportunities vary by end market size?

How does Tantalum 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.