Cobalt-based Alloy Powder Market
Cobalt-based Alloy Powder Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Cobalt-based Alloy Powder Market Size and Growth
The global market for cobalt-based alloy powder is projected to witness steady growth due to increasing demand across various industries such as aerospace, healthcare, and automotive. The market size is estimated to reach USD XX million by 2025, driven by advancements in additive manufacturing technologies and rising investments in research and development.
Companies Covered
(Covid 19 Impact Covered)
◍ Kennametal
◍ ATI
◍ Material Technology Innovations Co., Ltd
◍ Praxair Surface Technologies
◍ Stanford Advanced Materials
◍ Shanghai Global Fusion Materials Technology Co
◍ Chengdu Huarui Industrial Materials Co
The competitive landscape of the Cobalt-based Alloy Powder Market includes major players such as Kennametal, ATI, Material Technology Innovations Co., Ltd, Praxair Surface Technologies, Stanford Advanced Materials, Shanghai Global Fusion Materials Technology Co, and Chengdu Huarui Industrial Materials Co. These companies utilize Cobalt-based Alloy Powders in various industries such as aerospace, automotive, and medical to manufacture high-performance components, cutting tools, and wear-resistant coatings. They contribute to the growth of the market through continuous innovation and research & development initiatives.
- Kennametal reported sales revenue of $1.9 billion in 2020.
- ATI reported sales revenue of $3.4 billion in 2020.
- Praxair Surface Technologies reported sales revenue of $5.8 billion in 2020.
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Market Segmentation
By Application
Rod
Wire
Electrode
Casting
Others
By Product
◍ 100~200 Mesh Size ◍ 200~300 Mesh Size ◍ 300~400 Mesh Size
400~500 Mesh Size
Others
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Market Growth
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$ X Billion USD
