Product Code: ETC197796 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
India Niobium market currently, in 2023, has witnessed an HHI of 3543, Which has increased slightly as compared to the HHI of 2654 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Niobium is a soft, malleable and ductile metal which has a grey-white appearance. It is resistant to corrosion as its oxide form is highly stable. Niobium finds applications in the automotive, aerospace, oil & gas, energy and chemical industries. In India niobium market consists of two segments such as ferro niobium and niobium chemicals which are further divided into sub-segments like alloys & superalloys, metals powder metallurgy products etc. With increasing industrialization across world demand for ferro niobium in alloying agents have increased significantly leading to an increase in the demand for India Niobium market. Moreover due to increasing investments by governments of developed countries on defense projects have led to growth of the industry at CAGR 5.4%.
Increasing industrialization: Increased investment in infrastructure development activities coupled with rising urban population has led to surge in demand for steel production globally resulting into increased consumption of ferro niobian. This has also resulted into rise in number of steel producing companies thus driving growth of the industry at CAGR 5.4%.Rising defense sector spending : Developed economies such as USA , UK investing heavily on defense projects resulting into high consumption rate of Ferro Niobium especially from aerospace segment. Government initiatives towards developing indigenous missile technology calls for large scale procurement hence giving impetus to India Niobiuam Market Growth.
Limited availability of raw materials coupled with stringent environmental regulations linked with mining activities may hinder product demand during forecast timeline adversely affecting overall business landscape negatively. Additionally, large scale production facilities require huge capital investment alongwith skilled labor force thus curtailing profit margins significantly hampering industry landscape from achieving desired profitability levels
Major participants operating across the Indiaiobum market include RGM Alloys Pvt Ltd., China Grand Resources Limited., Jindal Steel And Power Limited., Sunil Hitech Engineers Limited., Star Metals Private limited amongst others
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Niobium Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Niobium Market Revenues & Volume, 2021 & 2031F |
3.3 India Niobium Market - Industry Life Cycle |
3.4 India Niobium Market - Porter's Five Forces |
3.5 India Niobium Market Revenues & Volume Share, By By Occurrence, 2021 & 2031F |
3.6 India Niobium Market Revenues & Volume Share, By By Type, 2021 & 2031F |
3.7 India Niobium Market Revenues & Volume Share, By By Application, 2021 & 2031F |
3.8 India Niobium Market Revenues & Volume Share, By By End-user Industry, 2021 & 2031F |
4 India Niobium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Niobium Market Trends |
6 India Niobium Market, By Types |
6.1 India Niobium Market, By By Occurrence |
6.1.1 Overview and Analysis |
6.1.2 India Niobium Market Revenues & Volume, By By Occurrence, 2021-2031F |
6.1.3 India Niobium Market Revenues & Volume, By Carbonatites and Associates, 2021-2031F |
6.1.4 India Niobium Market Revenues & Volume, By Columbite-Tantalite, 2021-2031F |
6.2 India Niobium Market, By By Type |
6.2.1 Overview and Analysis |
6.2.2 India Niobium Market Revenues & Volume, By Ferroniobium, 2021-2031F |
6.2.3 India Niobium Market Revenues & Volume, By Niobium Oxide, 2021-2031F |
6.2.4 India Niobium Market Revenues & Volume, By Niobium Metal, 2021-2031F |
6.2.5 India Niobium Market Revenues & Volume, By Vacuum Grade Niobium Alloys, 2021-2031F |
6.3 India Niobium Market, By By Application |
6.3.1 Overview and Analysis |
6.3.2 India Niobium Market Revenues & Volume, By Steel, 2021-2031F |
6.3.3 India Niobium Market Revenues & Volume, By Super Alloys, 2021-2031F |
6.3.4 India Niobium Market Revenues & Volume, By Superconducting Magnets, 2021-2031F |
6.3.5 India Niobium Market Revenues & Volume, By Capacitors, 2021-2031F |
6.3.6 India Niobium Market Revenues & Volume, By Glass, 2021-2031F |
6.3.7 India Niobium Market Revenues & Volume, By Others, 2021-2031F |
6.4 India Niobium Market, By By End-user Industry |
6.4.1 Overview and Analysis |
6.4.2 India Niobium Market Revenues & Volume, By Construction, 2021-2031F |
6.4.3 India Niobium Market Revenues & Volume, By Automotive and Transportation, 2021-2031F |
6.4.4 India Niobium Market Revenues & Volume, By Aerospace and Defence, 2021-2031F |
6.4.5 India Niobium Market Revenues & Volume, By Oil and Gas, 2021-2031F |
6.4.6 India Niobium Market Revenues & Volume, By Others, 2021-2031F |
7 India Niobium Market Import-Export Trade Statistics |
7.1 India Niobium Market Export to Major Countries |
7.2 India Niobium Market Imports from Major Countries |
8 India Niobium Market Key Performance Indicators |
9 India Niobium Market - Opportunity Assessment |
9.1 India Niobium Market Opportunity Assessment, By By Occurrence, 2021 & 2031F |
9.2 India Niobium Market Opportunity Assessment, By By Type, 2021 & 2031F |
9.3 India Niobium Market Opportunity Assessment, By By Application, 2021 & 2031F |
9.4 India Niobium Market Opportunity Assessment, By By End-user Industry, 2021 & 2031F |
10 India Niobium Market - Competitive Landscape |
10.1 India Niobium Market Revenue Share, By Companies, 2024 |
10.2 India Niobium Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |