Lewes, DE -- (SBWIRE) -- 09/11/2018 -- Niobium Carbide Market will register a 4.6% CAGR in terms of revenue, reach US$ 47 million by 2023, from US$ 36 million in 2017.

Niobium carbide is an extremely hard refractory ceramic material, commercially used in tool bits for cutting tools. It is usually processed by sintering and is a frequent additive as grain growth inhibitor in cemented carbides. It has the appearance of a brown-gray metallic powder with purple lustre.

Niobium carbide is a frequent intentional product in microalloyed steels due to its extremely low solubility product in austenite, the lowest of all the refractory metal carbides. Mainly used in cemented carbide and defense industry.

In recent years, due to the tantalum carbide prices stay in high level, some downstream manufacturers started to use niobium carbide partially replace tantalum carbide. Thus stimulating the development of the industry.

The main raw material of niobium carbide is niobium ore. Most of the world's niobium ore in Brazil. Currently, Brazil is the world's largest niobium ore supplier. China needs to import large quantities of niobium ore per year.

We tend to believe this industry is an mature industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.

Over the next five years, Study projects that Niobium Carbide will register a 4.6% CAGR in terms of revenue, reach US$ 47 million by 2023, from US$ 36 million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
H.C. Starck
Kennametal
Japan New Metals
ESPI Metals
Jiujiang Tanbre
Zhuzhou Cemented Carbide Group
ZhuZhou GuangYuan
OTIC
Jiujiang Zhongao
Jiangxi King-Tan Tantalum
Changsha Langfeng Metallic Material
WHNM

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Niobium Carbide (99.0%)
Niobium Carbide (99.5%)

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Carbide Alloy
Coating Materials
Metallurgical Industry

Spanning over 142 pages "Forecast of Global Niobium Carbide Players Market 2023" report covers Niobium Carbide Market Overview, Global Niobium Carbide Sales, Revenue (Value) and Market Share by Players, Global Niobium Carbide Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Niobium Carbide Sales, Revenue and Price, Europe Top 5 Players Niobium Carbide Sales, Revenue and Price, Asia-Pacific Top 5 Players Niobium Carbide Sales, Revenue and Price, South America Top 5 Players Niobium Carbide Sales, Revenue and Price, Middle East & Africa Top 5 Players Niobium Carbide Sales, Revenue and Price, Global Niobium Carbide Players Profiles/Analysis, Global Niobium Carbide Market Forecast (2018-2023), Niobium Carbide Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.

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