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Los Angeles, CA -- (SBWire) -- 10/19/2018 --This report studies the global Niobium Carbide market status and forecast, categorizes the global Niobium Carbide market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).

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.

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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.

The global Niobium Carbide market is valued at 36 million US$ in 2017 and will reach 51 million US$ by the end of 2025, growing at a CAGR of 4.6% during 2018-2025.

The major manufacturers covered in this report

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

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

North America

Europe

China

Japan

Southeast Asia

India

Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)

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