Global Tantalum Tube Market Growth 2023-2029

Global Tantalum Tube Market Growth 2023-2029

Tantalum was discovered in 1802 by A.G. Ekeberg in Uppsala, Sweden. Tantalum is a shiny, silvery color metal which is heavy, dense, malleable and ductile when pure. It is found in small quantities in minerals (generally in conjunction with niobium), and is isolated by conversion to the oxide and then the fluoro-complex, K2TaF7, from which the pure metal is obtained by electrolysis. Tantalum is extremely corrosion resistant due to the formation of an oxide film, and is also resistant to acid attack (with the exception of HF). It will react with fused alkalis and a variety of non-metals at elevated temperatures.

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

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

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

The global Tantalum Tube market size is projected to grow from US$ 111.5 million in 2022 to US$ 141.2 million in 2029; it is expected to grow at a CAGR of 141.2 from 2023 to 2029.

The classification of tantalum tube includes Ta Tube, Ta-2.5W Tube, Ta-10W Tube, and other area, and the proportion of Ta-2.5W Tube is about 44%.

Tantalum tube is widely used in chemical industry, aerospace & military, machinery and other field. The most proportion of tantalum tube is chemical industry.

USA region is the largest supplier of tantalum tube, with a production market share nearly 63%. China is the second largest supplier of tantalum tube, enjoying production market share nearly 19%.

USA is the largest consumption place, with a consumption market share about 69%. Following USA, China is the second largest consumption place with the consumption market share of 16%.

Market competition is not intense. H.C. Starck, Global Advanced Metals and PLANSEE are the top 3 players of Tantalum Tube, with about 74% market shares.

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

Market Segmentation:

Segmentation by type

Ta Tube

Ta-2.5W Tube

Ta-10W Tube

Others

Segmentation by application

Chemical Industry

Aerospace & Military Industry

Machinery

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.

H.C. Starck

Global Advanced Metals

PLANSEE

Ningxia Orient

Western Metal

Vascotube

Zhuzhou Jiabang

ATI Metal

Stanford Advanced Materials

Baoji Zhongpu

Admat

Firmetal

Key Questions Addressed in this Report

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

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

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

How do Tantalum Tube market opportunities vary by end market size?

How does Tantalum Tube 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.