Aluminum Alloys Market: Recycling amidst Raw Material Price Volatility to Present Opportunities, reports TMR

The global aluminum alloys market is moderately fragmented with the top eight players holding 44.6% of the market share in 2013. These players are Aluminum Corporation of China Ltd., United Company RUSAL Plc, Rio Tinto Alcan, Alcoa Inc., Aluminium Bahrain B.S.C, Constellium, Norsk Hydro ASA, and Aleris International Inc. Players in the market are integrating backwards to ensure their supply of raw materials, especially aluminum, says a new report by Transparency Market Research (TMR). The global aluminum alloys market is marked by new product developments and strategic agreements of manufacturers with end-user industries. Companies are also undertaking merger and acquisition activities. Players are increasingly investing in research and development activities. The threat of new entrants is expected to rise from low to medium and the threat from substitutes will remain low.

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According to the report, the global aluminum alloys market is expected to be worth US$126,500.8 mn by 2020. On the basis of end user, the transportation segment is expected to account for 46.8% of the market by 2020. Aluminum has light-weight, yet high strength and thus, high demand exists from aircraft and automotive industries, which is driving the demand for aluminum alloys from the transportation segment. The trend of light-weight vehicles is also supporting the aluminum alloys market. By geography, Asia Pacific will continue to lead. The region is anticipated to hold 65% of the market by 2020. The rise in construction activities and infrastructure development in the emerging nations of Asia Pacific is behind the region’s high growth in the aluminum market.

Growing Transportation Industry Driving Aluminum Alloys Market towards Development

The transportation industry is one of the key consumers of aluminum alloys market. The transportation industry is flourishing on account of rapid industrialization and growing need to have superior means of commuting. In addition to this, the increasing trade between developed and developing nations will also drive the transportation industry, which in turn will create a heightened demand for aluminum alloys. A high growth in the demand for automobiles, especially in Asia Pacific will also boost the demand for aluminum alloys. Furthermore, the demand for light–weight vehicles is increasing with the need to curb emissions and optimal fuel usage. As aluminum is light weight, the demand for aluminum alloys for the development of light-weight vehicles will help push the market through 2020. The trend of light-weight automotive is also influencing the aerospace and marine industries and this will propel the demand for aluminum alloys.

Fluctuating Raw Material Prices to Hamper Global Aluminum Alloys Market

The price of aluminum alloys is largely dependent on the price of aluminum. The cost of aluminum is fluctuates and with it, the cost of its alloys. In addition to this, price fluctuation of alloying elements such as zinc, copper, magnesium, and copper is also impacting the global aluminum alloys market. Another key factor hampering the demand and price of aluminum alloys is the declining of the end user industries. Moreover, the availability of recycled aluminum along with the existing production capacities of several companies affect the price of aluminum. On the other hand, the issue of fluctuating costs of raw materials and irregularity in supply can be addressed through recycling of aluminum alloys. “Owing to advantages associated with recycling of aluminum alloys, manufacturers are likely to shift towards recycling in the coming years,” says a TMR analyst.

This information is based on the findings of a report published by Transparency Market Research titled “Aluminum Alloys Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.”

The global aluminum alloys market is segmented as follows:

Aluminum Alloys Market - End-user Analysis

• Transportation
• Construction
• Packaging
• Machinery
• Electrical
• Others (including sporting goods)

Aluminum Alloys Market - Regional Analysis

• North America
• Europe
• Asia Pacific
• RoW (South America, Africa and the Middle East)

Metal Recycling Market - Global Industry Share, Growth,Forecast 2016 – 2024

Global Metal Recycling Market: Description

Metal recycling is the process of collecting scrap metal and redirecting it to a useful application. This helps reduce the amount of metal extracted from the earth, thus reducing mining activities and eliminating the various harmful effects it has on the environment. Since metals are an exhaustible resource, metal recycling has gained demand as a feasible method of reducing the need for new extraction. The increasing demand for various kinds of metals all around the world, due in large part to the rampant growth of urban infrastructure in developing economies, has played a major part in driving the metal recycling market.

The report on the global metal recycling market answers key questions about the global metal recycling market, shedding light on all aspects of the market to provide a complete coverage. The competitive dynamics of the global metal recycling market, its key segments, and the major trends observed in it are elucidated in the report, along with an analysis of the major driving and restraining factors acting on the market.

Global Metal Recycling Market: Drivers and Restraints

The major driver for the global metal recycling market is the rapid growth of various end users of metal products. The automotive industry and the construction industry are both experiencing booming sales figures at present, with the increasing spending power of consumers in developing economies helping these industries add to the steady demand they enjoy in developed regions. Asia Pacific, in particular, has witnessed urbanization at a rapid rate and on a massive scale, with countries such as China, India, and South Korea going all out to catch up with the leaders of the global economy. This is a major factor driving the global metal recycling market and is expected to remain influential in the years to come.

The electronics industry is also experiencing an unprecedented growth curve, with sales of smartphones and other consumer electronics exhibiting record figures in several countries across the world. Various metals are used in electronics due to their high endurance and mechanical strength and high electrical conductivity. As a result, the electronics industry has also emerged as a significant patron of the global metal recycling market.

The rapid industrialization observed in Asia Pacific, Latin America, the Middle East, and developed parts of Africa has also helped boost the demand for recycled metals. As the developing countries in these regions experience industrialization on a large scale, the demand for advanced urban infrastructure will also rise in the coming years, propelling the global metal recycling market.

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Global Metal Recycling Market: Segmentation

The major types of metals recycled for further usage are ferrous metals and non-ferrous metals. Of these, ferrous metals, such as iron and steel, dominate the global market for metal recycling. Ferrous metals are popular in construction and manufacturing applications in various industries due to their high endurance and mechanical strength. In fact, steel scrap has already become a major source of steel for the global steel industry.

Geographically, North America and Europe dominated the global metal recycling market in 2015. Widespread distribution of urban infrastructure, the early adoption and increasing usage of consumer electronics, and supportive government regulations to promote recycling have been the major drivers for the metal recycling market in the region.

Major companies in the global metal recycling market include ArcelorMittal, Commercial Metals Company, Nucor Corporation, Aurubis AG, and Sims Metal Management Limited.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

High Performance Alloys Market is Expected to Reach US$9.09 billion by 2020

Transparency Market Research’s new market report, titled ‘High Performance Alloys Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020’, provides a detailed description of the high performance alloys market in terms of revenue (US$ million) and volume share (kilo tons) for the forecast period 2014-2020. According to the analysis stated in the report, the global high performance alloys market is expected to rise and reach US$9.09 billion by 2020, from a value of US$6.82 billion in 2013. The report analyzes the market with respect to various segments along with the growth opportunities expected in the next six years. In terms of volume, the market stood at 1,110.7 kilo tons in 2013. Overall, the market is expanding at a steady CAGR of 4.2% during the forecast period from 2014 to 2020.

High performance alloys are metal alloys that provide good surface stability and corrosion resistance and are specifically deigned to perform under intense conditions such as elevated pressures and temperatures. Due to their ability to retain most of their strength despite prolonged exposure, these components are ideal for a wide range of industrial applications. Some of the typical applications of high performance alloys include the industrial gas turbines sector (IGTs) and the aerospace industry. The power industries and aerospace influence the growth of this market. Due to their excellent mechanical strength and creep resistance to high temperatures, the use of high performance alloys is substantially high in these fields.

According to an analyst’s study at TMR, around 60% of an aircraft is equipped with high performance alloys. Aerospace was the largest application segment of the market, accounting for 56.9% of the total high performance alloys market in 2013. By 2020, tremendous demand for high performance alloys is likely to be observed from the aerospace industry.Similarly, rising demand for high performance alloys will also be seen in power generation applications, as gas turbines require premium materials that can withstand elevated temperatures. Some of the other applications that high performance alloys find their use in are oil and gas rail engineering, automotive, electronics, military, marine, and others.

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Within the key products of the high performance alloys market, the study enlists nonferrous alloys, refractory alloys, platinum group metal alloys, and superalloys as the main segments of this market. Of all, the nonferrous alloys, including aluminum and titanium, accounted for 51% of the total market in 2013. Nonferrous alloys exhibit favorable mechanical properties for industrial use. The demand for these alloys is expected to increase in the next few years due to the rising demand for titanium materials in the aerospace industry. Nonferrous alloys were the largest product segment in 2013, followed by superalloys.

In terms of regional demand, North America was dominant in the high performance alloys market in 2013. However, increasing demand for high performance alloys from the automotive industry in Europe is also boosting the growth of this market. Asia Pacific and the Middle East are the next fastest growing regions anticipated to offer higher opportunities for the global high performance alloys market in the near future, reports TMR.

High Performance Alloys Market – Product Segment Analysis

• Non-ferrous alloys
• Platinum group metal alloys
• Refractory metal alloys
• Superalloys

High Performance Alloys – Application Analysis

• Aerospace
• Industrial gas turbines
• Industrial
• Automotives
• Oil & gas
• Electronics & electrical
• Others (Medical, chemical, etc)

High Performance Alloys – Regional Analysis

• North America
• Europe
• Asia Pacific
• Rest of the World (RoW)

Global Medical Ceramics Market to Expand at 3.50% CAGR from 2012 to 2018

The growing demand for ceramics in artificial implant technology has boosted the global medical ceramics market. The report estimates the global medical ceramics market to grow at a CAGR of 3.5% during the period between 2012 and 2018. The report also calculates the estimated valuation of the overall market during the forecast period. Providing a brief overview of the medical ceramics market, the report points out the key driving factors, restraints, opportunities, and trends shaping up the market.

The report presents an in-depth study of the medical ceramics market by compiling crucial data related to the use of medical ceramics across various medical applications as well as the type of ceramic material used in the applications. The report further studies the global medical ceramics market in the key geographical segments and analyses the impact of various macro- and micro-economic factors on the medical ceramics market in these regions.

Overview of Global Medical Ceramics Market

Medical ceramics or bioceramics are preferred in the medical field due to their biocompatibility. They are used in surgical implants, prosthetics, and various medical tools and devices. Medical ceramics have been approved by various regulatory authorities such as the U.S. Food and Drug Administration (FDA).The nontoxicity and high mechanical strength of medical ceramics with minimal or no tissue reaction is expected to boost the demand from the global medical ceramics market.

Though medical ceramics are nontoxic, very small traces of radioelements can be found in even fully refined ceramics, which can have a negative impact on organs and tissues. This may hamper the growth of the global medical ceramics market in the near future. The latest products of medical ceramics are electronic implantable ceramic sensors, which are expected to open new opportunities for the overall market.

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The report studies the various types of ceramic materials used in medical applications. Zirconia, aluminum oxide ceramics, zirconia alumina, and other ceramics are commonly used as bioceramics. Zirconia displays extremely high strength and is stronger than alumina. Hence, it is used in devices that generate sufficient wear, such as femoral balls in hip replacements.

The report segments the global medical ceramics market on the basis of application areas such as dental, orthopedic, implantable electronic devices, surgical and diagnostic instruments, and other therapeutic applications. The usage of medical ceramics in dental and orthopedic applications has been extensive. Orthodontic ceramic braces are as effective as metal braces, but are nearly invisible, making it a more attractive cosmetic option for the wearer. Ceramic implants are widely used to reconstruct arthritic or fractured joints in knee, hip, and shoulder.

The report studies the global medical ceramics market in four key regions: Asia Pacific, Europe, North America, and Rest of the World.

Companies mentioned in the research report:

The report profiles the key players operating in the global medical ceramics market such as Advanced Cerametrics Inc., 3M ESPE, Advanced Ceramics Research, Inc., Advanced Monolythic Ceramics, Inc., Advanced Industrial Ceramics, APC International Ltd, and AVX Corporation. The report analyzes the market share held by each player. The financial overview, product portfolio, and business strategies of the players have been mentioned in the report.

Global Rare Earth Metals Market to Expand at 13.0% CAGR between 2012 and 2018

In a recent market research study about the global rare earth metals market for , Transparency Market Research (TMR) states that the market will tread along an impressive growth path over the period between 2012 and 2018 and expand at a 13.0% CAGR. If the growth figures hold true, the market, which had a valuation of US$3.9 bn in 2012, will reach US$8.2 bn by 2018. In terms of volume, the market is expected to rise to a valuation of 290 kilo tons by 2018.The report is titled “Rare Earth Metals Market - Global Industry Analysis, Applications Size, Share, Growth, Trends and Forecast, 2012 - 2018” and is available at the company website for sale.

Rare earth metals are used on a large scale in everyday devices such as DVDs, automotive catalytic converters, fluorescent lighting, cell phones, rechargeable batteries, magnets, etc.The booming market for mobile devices has led to an increased demand for rechargeable batteries in the past few years. As a result, the demand for rare earth metals, which find great use in recyclable power backups, has also been on a constant rise in the past few years. The rising demand for clean energy and actions taken by environmentalists and government agencies for promoting the increased use of clean energy techniques are other key factors driving the rare earth metals market. However, the market is also expected to be restrained to a certain extent over the report’s forecast period owing to price fluctuations and the dominance of China in the global market.

The report segments the market on the basis of three criteria: type, application, and geography. Of the key rare earth metal types studied in the report, the market segment of cerium oxide held the largest share in the global market, an estimated 40%, in 2013. This can be credited to the vast set of applications of cerium oxide across a number of end-use industries. Demand for lanthanum oxide followed that for cerium oxide and held a 23.8% share in the market. Lanthanum oxide also finds application in a wide range of industries such as electronics, green technology, construction, and automotive. However, it is the segment of scandium that earned the market the largest revenue in 2013.

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On the basis of application, the report segments the market into magnets, catalyst, ceramics, metallurgy, polishing, glass, and phosphors. Of these, the market segment of magnets is the dominant segment.The report segments the global market into Asia Pacific, North America, Europe, and Rest of the World on the basis of geography. The report also gives the market for rare earth metals in China special attention, as China accounts for as much as 95% of the total global production of rare earth metals.

Some of the key companies operating in the global rare earth metals market are Arafura Resources, Inner Mongolia Baotou Steel Rare Earth Hi-Tech Co, Avalon Rare Metals, Alkane Resources, Rare Elements Resources Ltd, Great Western Minerals Group, Greenland Rare Earth and Energy Ltd, Indian Rare Earths, China Rare Earth Holdings, Lynas Corporation Ltd., Chinalco Yunnan Copper Resources Ltd., and Molycorp.

The market is segmented as:

Rare Earth Metals Market By Type:

• Lanthanum
• Praseodymium
• Cerium
• Neodymium
• Samarium
• Promethium
• Europium
• Dysprosium
• Holmium
• Gadolinium
• Terbium
• Thulium
• Scandium
• Yttrium
• Erbium
• Ytterbium
• Lutetium

Rare Earth Metals Market By Application:

• Magnets
• Catalyst
• Metallurgy
• Ceramics
• Phosphors
• Glass
• Polishing

Rare earth Metals Market By Geography:

• North America
• Europe
• Asia-Pacific
• Rest of the World (RoW)

Automotive Applications Gain Dominant Market Share in Asia Pacific, Inorganic Metal Finishing Market to Register 6.20% CAGR by 2020

A new Transparency Market Research report states that the global inorganic metal finishing market stood at US$54.7 bn in 2013 and is predicted to reach US$83.3 bn by 2020. The market will expand at a 6.20% CAGR between 2014 and 2020. The title of the report is “Inorganic Metal Finishing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020”

As per the report, factors such as rapid development of the steel and automotive industries, resulting in an increased demand for inorganic metal finished components, is fuelling the inorganic metal finishing market. In addition, rise in industrial activities within the aerospace sector and heavy industries is also amongst the major factors stimulating the inorganic metal finishing market. On the other hand, factors such as stringent regulations imposed by the EPA and REACH on chromium emissions during a number of metal finishing processes including electroplating are predicted to be a key challenge for the market players, hence imposing a negative effect on the growth of the market.

On the basis of technology, the market is segmented into cladding, anodizing, conversion coatings, electroplating, galvanizing, and others including electro polishing, etc. Amongst these, electroplating is majorly utilized for depositing metal finishing on automotive components. The electroplating segment was the biggest technology segment and represented 35% of the market.

On the basis of product, the market is segmented into inorganic metal finishing technology, pre-treatment/surface preparation, and consumables and spares. Amongst these, inorganic metal finishing technology is broadly utilized in numerous industrial as well as electrical and electronic applications owing to a number of benefits associated with the usage of this technology. Properties including high durability and good corrosion resistance are the major driving factors increasing the demand for inorganic metal finishing technology.

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On the basis of application, the inorganic metal finishing market is segmented into electrical and electronics, automotive, industrial, and others including defense and hardware. Amongst these, on the basis of revenue, the automotive application segment held the biggest share, of more than 50%, in the market in 2013. The industrial application segment followed the automotive segment and stood as the second-biggest application segment in the market, trailed by the segment of electrical and electronic and others such as defense and hardware.

On the basis of geography, the market is segmented into Europe, North America, Asia Pacific, and Rest of the World (RoW). Amongst these, in 2013, Asia pacific emerged as the biggest market for inorganic metal finishing, trailed by North America and Europe. Asia Pacific represented a share of approximately 35% in the market and is predicted to be the most swiftly developing region on the basis of consumption of inorganic metal finishing technologies. North America also has a strong hold in the inorganic metal finishing market and is predicted to rise at a 5.90 % CAGR on the basis of revenue from 2014 to 2020.

The prime players operating in the market include Metal Finishing Technologies LLC, Abakan Inc., Sequa Corporation, Elementis plc, Rockwood Holdings Inc., Atotech Deutschland GmbH, Industrial Metal Finishing, and Honeywell International Inc., among others.

Tin Market to Reach US$7.29 bn by 2023, Prospective Applications in Solar Energy Sector Could Impel Growth

Tin is a silvery-white soft metal that is malleable, ductile, and light in weight. Tin is primarily used in combination with other metals to manufacture alloys. Self-governing tin miners work in various small groups to collect tin ore to supply them to the local merchants. The increasing demand for soldering equipment and soldering alloys is expected to propel the global tin market in the coming few years.

Soldering Segment Accounts for 50% of Global Tin Market in 2014

The global tin market is segmented on the basis of geography and application. By application, the global tin market is classified into soldering, chemicals, tin plating, glass, chemicals, brass and bronze, and others. The others segment is sub-segmented into lithium-ion batteries, solar cells, and ammunition. In 2014, in terms of volume, the soldering segment dominated the global tin market, accounting for more than 50%.

Tin is highly ductile and malleable and is thus capable of being transformed into very thin sheets. It is unaffected by water and oxygen at room temperatures and does not rust or corrode easily. Thus, tin is used as a coating material, as a protection to other metals. Increasing demand from the food packaging industry and the expansion of the consumer electronics industry are predicted to boost the global tin market during the period between 2015 and 2023. The potential application of tin in the solar energy industry is further predicted to create new growth opportunities in the global tin market in the years to come.

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Asia Pacific Accounts for 65% of Global Tin Market in 2014

By geography, the global tin market is divided into Asia Pacific, Latin America, Europe, the Middle East and Africa, and North America. At present, Peru, China, and Indonesia are the leading producers of tin in the global tin market. The production of tin is highly concentrated in emerging countries in Asia Pacific and Latin America. In 2014, in terms of volume, Asia Pacific held a dominant share of 65% in the global tin market. The electronics market in Asia Pacific is expected to register considerable growth in the years to come, thus propelling the global tin market.

Increasing prices of tin due to fading production from exhausting mines are predicted to hamper the growth of the global tin market in the next few years. Further, the entry of new companies is expected to make the global tin market highly competitive in the years to come. Currently, leading players from across the globe are working closely with consumers to manufacture products as per their needs and specifications. Some of the leading participants in the global tin market are Yunnan Tin Group Company Limited, Yunnan Chengfeng Non-ferrous Metals Co., Ltd., Malaysia Smelting Corporation, Thailand Smelting and Refining Co., Ltd. (Thaisarco), Guangxi China Tin Group, PT Timah (Persero) Tbk, and Empresa Metalúrgica Vinto S.A. Prominent players in the global tin market are aiming to achieve economy of scale to expand their share in the global tin market.

Copper Market to Account for US$171.96 bn by 2023, Construction to Remain Largest Application Segment

Transparency Market Research has published a new market report titled “Copper Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global copper market was valued at US$ 138.05 Bn in 2014 and is anticipated to reach US$ 171.96 Bn by 2023, expanding at a CAGR of 4.9% between 2015 and 2023.

Copper is a soft metal with excellent ductile and malleable properties. It has high electrical and thermal conductivity. Copper is used extensively in various industrial application due to its conductivity and antibacterial properties. Brass and bronze are two of the most important alloys of copper. Copper’s malleability and ease of usage in machines during the fabrication process facilitates high production rate of accurate copper shapes at relatively lower cost than its substitutes.

Increase in infrastructure activities in developing countries is expected to boost the demand for copper in the next few years. Additionally, advancement in global manufacturing output as in transportation equipment, industrial machinery, domestic appliances, and other durable goods is estimated to augment the demand for copper during the forecast period. However, competition from other materials such as plastic and aluminum is likely to hamper market growth. Nonetheless, ongoing research and development in green building is projected to open growth opportunities for the copper market in the near future.

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Copper metal is traded in various forms such as wire rods; plates, sheets, & strips; and rods, bars, & sections. In terms of volume, the wire rod segment accounted for more than 55% share of the market in 2014. Copper rods are used in the manufacture of ultra-high voltage, large capacity underground and submarine cables; magnet wires for electronic parts; and wire harnesses for automobiles. The others segment includes powder and tube. It held the second-largest share of the global copper market in 2014.

In terms of volume, construction was the largest application segment of the copper market, accounting for more than 40% share in 2014. It is also projected to be the fastest-growing segment of the market during the forecast period. Copper and brass are the materials of choice for plumbing, taps, valves, and fittings owing to their aesthetic appeal. Copper is used widely in infrastructural activities in the form of copper tubing, taps, valves, tanks, connections, and fittings. This, in turn, is expected to increase the demand for copper in the next few years. It is a good conductor of electricity. It is also malleable and corrosion resistant. This makes it the most sought after material for electric cables, both industrial as well as domestic. Electrical & electronics was the second-largest application segment of the copper market in 2014.

In terms of volume, Asia Pacific dominated the global copper market, accounting for more than 60% share in 2014. Asia Pacific is anticipated to be the fastest-growing regional market during the forecast period owing to increasing demand for automobiles and rapid industrialization and urbanization in the region.

Key players operating in the copper market include Codelco, Aurubis AG, Freeport McMoRan Inc. Copper, Glencore, Grupo Mexico, and BHP Billiton Ltd.

Medical Ceramics Market Will Grow at a Strong Rate Through 2018

A report from Transparency Market Research, titled ‘Medical Ceramics Market - Global Industry Size, Share, Trends, Analysis And Forecasts 2012-2018,’ states that the global medical ceramics market is expected to expand at a 3.50% CAGR during the period between 2012 and 2018 owing to the increasing demand for ceramics in artificial implants and technological advancements in the same.

Bioceramics or medical ceramics are used in the medical field due to their features such as biocompatibility. Medical ceramics are primarily used in prosthetics, surgical implants, and various medical devices and tools. Due to their biocompatibility and other beneficial features, medical ceramics are approved by numerous regulatory authorities including the United States Food and Drug Administration (FDA). The high mechanical strength and nontoxicity of medical ceramics with no/minimal tissue reaction is predicted to propel the global medical ceramics market in the years to come.

Even though medical ceramics are nontoxic, small traces of radioelements are usually found in fully refined ceramics, which can have a negative effect on tissues and organs. This is expected to restrict the growth of the global medical ceramics market in the coming few years. Electronic implantable ceramic sensors are the latest products among medical ceramics and are predicted to create new growth opportunities in the global medical ceramics market. The increasing use of ceramic materials across various medical applications is predicted to expand the global market for medical ceramics.

Zirconia, zirconia alumina, aluminum oxide ceramics, and others are some of the major types of ceramic materialsthat are used in various medical applications. Zirconia is stronger than alumina and displays high strength and thus is used in equipment that undergoes significant wear and tear.

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The global medical ceramics market is segmented on the basis of material type, application, and geography. By application, the global medical ceramics market is classified into dental, implantable electronic devices, orthopedic, diagnostic instruments, surgical instruments, and other therapeutic applications. Currently, the global medical ceramics market is dominated by the dental segment owing to the increasing use of ceramics in dental applications. The dental ceramics segment is predicted to maintain its dominant position in the global medical ceramics market in the years to come.

Going forward, the use of ceramics in orthopedic applications is expected to be extensive and is thus expected to propel the orthopedic medical ceramics segment. Orthodontic ceramic braces are effective but are invisible, thus making them an attractive cosmetic alternative for the wearer. Ceramic implants are extensively used to reconstruct fractured joints in the hip, knee, and shoulder. The increasing use of medical ceramics as implants is predicted to create new growth opportunities in the global medical ceramics market.

Based on geography, the global medical ceramics market is divided into North America, Europe, Asia Pacific, and Rest of the World. Mergers and acquisitions by the leading players are predicted to create new growth opportunities in the global medical ceramics market in the years to come. Some of the leading companies operating in the global medical ceramics market are Advanced Cerametrics Inc., Advanced Ceramics Research, Inc., Advanced Industrial Ceramics, AVX Corporation, 3M ESPE, Advanced Monolythic Ceramics, Inc., and APC International Ltd.

Global Ceramic Sanitary Ware Market Observes Boost owing to Improving Sanitation Level among Global Population

The global market for ceramic sanitary ware is the center of analysis of a market intelligence report by Transparency Market Research. The report is titled “Ceramic Sanitary Ware Market - Global Industry Analysis, Trends, Size, Share & Forecast (2012 - 2018).”

The report states that factors such as the changing lifestyles of the global population, chiefly owing to rising disposable incomes in developing regions, increased spending on hygiene, and the flourishing real estate market are propelling the global ceramic sanitary ware market. Swiftly improving sanitation levels, low cost of labor, and low energy consumption in the production process are also some of the major factors driving the global ceramic sanitary ware market. One of the key trends in the market is the rising demand for luxury sanitary ware products for saunas, private spas, large baths, and shower systems.

The report segments the global ceramic sanitary ware market on the basis of three criteria: technology, product type, and geography. On the basis of technology, the market has been segmented into slip casting and pressure casting. On the basis of product type, the market has been segmented into washbasins and water closets. The segment of water closets has been further segmented into cisterns and bidets.

On the basis of geography, the market has been segmented into North America, Asia Pacific, Europe, and Rest of the World.

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Asia Pacific is currently the leading geographical segment in terms of production of ceramic sanitary wares. Low labor, raw material, and overall production costs in this region have attracted many sanitary ware manufacturers. As a result, the region has become the hub for several small- and medium-sized ceramic sanitary ware manufacturers of late. On a global front, Turkey, China, Mexico, Columbia, and Brazil are some of the major manufacturers of ceramic sanitary ware.

Over the report’s forecast period, Asia Pacific is expected to maintain its dominant position in the global ceramic sanitary ware market owing to the steady development of the market in countries such as India, China, and Thailand.

The report also gives a detailed overview of the competitive landscape of the global ceramic sanitary ware market with the help of business profiles, finance-related details, SWOT analysis and other details of some of the key companies in the market, recent developments, and inputs from industry experts. Some of the key companies in the market profiled in the report are American Standard, Corona Organization, Annwa Ceramic Sanitary Ware, Ceramica Althea, Cersanit SA, Lecico Egypt SAE, Duratex SA, Lixil Corporation, Ideal Standard International, Roca Sanitario SA, Kohler Co., Sanitec Corporation, and Duravit AG.

Tantalum Market is set to expand and become organized during 2013-19

Tantalum is a hard, bluish grey, transition metal. Previously it was known as tantalium and is a rare earth metal. It is characterized by its incredibly high melting point which is bettered only by tungsten, rhenium, osmium and carbon. Tantalum along with similar metals such as Neobium, can be found in minerals such as coltan, columbite and tantalite. Most of the tantalum is derived from hard rock mines; however it can also be obtained from tin slags, and artisanal mines. Tantalite is highly resistant to corrosion and is a part of the refractory metals group.

The main application of tantalum is in the electronics industry where it is employed in manufacturing capacitors and high power resistors. In this application, tantalum has to compete with low cost ceramic and aluminum capacitors. As a result tantalums’ use is mostly limited to high end capacitors where stability and high volumetric capacity is of paramount importance. Other electronic applications of tantalum are sputtering targets and target acoustic wave filters. Apart from that tantalum finds application in medical devices, chemical processing and manufacturing of super alloys. Tantalum-oxide is used in camera lenses as well as X-ray equipments, while tantalum carbide is used to manufacture cutting tools.

One of the major drivers of tantalum market is the growing importance and demand for electronic gadgets and equipments. Tantalum alloys are used extensively in aviation and land based gas turbine, and the demand from this sector is expected to rise at a brisk pace in the near future owing to the high growth in aviation and aerospace industries. The same is true for land based gas turbines as well. The highest quantity of tantalum demand is expected to come from tantalum powder/ wire application, followed by its application in super alloys.

Most of the tantalum that is mined globally comes from Africa, where the largest resource of tantalum is present. Tantalum is widely available in Central Africa as well as other parts of the region. Countries such as Rwanda, Ethiopia, Mozambique, Nigeria, Gabon, Zimbabwe and Namibia have huge tantalum deposits and cumulatively account for over 50% of the global production. Tantalum is also abundant in the Democratic Republic of Congo, and the metal from DRC is called conflict tantalum, as the metal mined in the conflict region is sold to perpetuate warfare. A ban on importing or trading conflict metals has been imposed, which is expected to hurt the Central African economy and the local people. The blanket ban is also expected to affect other regions of Africa which are not conflict zones. Other than Africa, tantalum is mined in South American countries such as Brazil and Argentina; European countries such as Germany and Austria; and Asian countries such as Australia, Japan, Thailand and China. The mining of tantalum in North America is almost negligible; however mining activities are expected to commence in the near future. The Central African crisis and ban on tantalum imports are expected to drive demand from the Asia Pacific and South American countries.

Some of the restraints of this market are the demand supply imbalance due to the ban on Central African imports and price fluctuation of tantalum ores in different mining locations. For instance, the price of tantalum imported from South America is slightly lower as compared to the mineral mined in Australia. Supply chain and inventory are some of the other concerns for end use industries. However, long term supply agreements are expected to substantially reduce the price compared to spot rates and also guarantees supply.

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Some of the top tantalum producing companies are Talison Minerals Pty Ltd., Cabot Corp., China Minmetals Corp., and Ethiopia Mineral Development Share Company among others. Some of the top tantalum producing mines are located at Wodgina, Greenbushes, Nanping and Kenticha among others.

Potassium Chloride Market Will Reach Almost US$32.8 bn by 2019

The featured report from Transparency Market Research, titled “Potassium Chloride Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”, offers the latest intelligence on the market. According to this report, the global potassium chloride market will expand at a 10.8% CAGR during the forecast period from 2013 to 2019. In 2012, the global potassium chloride market was worth more than US$21.6 bn and by 2019, the market is projected to be worth US$32.8 bn. In 2012, the global potassium chloride market recorded a total volume of 51 mn tons.

Potassium, being one of the three major nutrients necessary for the growth of crops, is widely used in the global agriculture industry as potash fertilizer. This growing demand for potassium chloride in the fertilizer industry will drive the global potassium chloride market significantly. The growth of the global organic food industry in recent years will also propel the global potassium chloride market. With the expansion of the organic food industry around the world, the demand for potash is rising.

On the basis of application, the global potassium chloride market is divided into industrial, pharmaceuticals, fertilizers, and others such as food products and feed. The fertilizers segment dominated the global potassium chloride market in 2012. A growing number of industries use potash fertilizers. Fertilizers are also expected to witness the fastest growth in the global potassium chloride market, with a CAGR of 5.1% expected during the forecasting horizon. At present, Germany is one of the major producers of industrial-grade potash, while the U.S. is the largest consumer of potash. In the U.S., potash is increasingly being used for water-related applications.

By geography, the global potassium chloride market is segmented into Asia Pacific, Europe, North America, and Rest of the World (RoW). In 2012, Asia Pacific dominated the global potassium chloride market and the regional market was worth over US$9.5 bn. The growing number of agricultural activities in Asia Pacific is fuelling this regional market. In addition to this, the Asia Pacific sector will experience the fastest growth in the global potassium chloride market due to the growing focus on agricultural productivity.

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The Rest of the World segment emerged as the second largest regional market in the global potassium chloride market. Emerging nations such as Brazil have displayed an accelerating demand for KCl to be used in the feedstock of biofuels. This trend is projected to boost the demand for potash fertilizers in Latin America, in turn fuelling the Rest of the World potassium chloride market.

Although the global potassium chloride market is expected to witness healthy growth in the coming few years, there are a number of factors that will challenge this market. One of the major causes for concern for the global potassium chloride market is the rising health issues related to the use of chemical fertilizers. In addition to this, the global potassium chloride market will also be suppressed by the fluctuating prices of potassium chloride.

Nevertheless, the players in the global potassium chloride market will benefit from the opportunity of the rising use of biofertilizers across the globe. Some of the key players operating in the global potassium chloride market are Sinofert, Uralkali, Israel Chemicals, and Agrium.

Key Segments of the Global Potassium Chloride Market

Potassium Chloride Market: Application Analysis

• Fertilizers
• Pharmaceuticals
• Industrial
• Others (Feed, food products, etc.)

Potassium Chloride Market: Regional Analysis

• North America
• Europe
• Asia-Pacific
• Rest of the World (RoW)