Global NbTi Low Temperature Superconducting Alloys Market Growth 2024-2030
Superconductivity is a set of physical properties observed in certain materials where electrical resistance vanishes and magnetic fields are expelled from the material. Any material exhibiting these properties is a superconductor. Superconductors with a critical temperature lower than 40K (-233.15°C) are called low-temperature superconductors, those with a critical temperature higher than 40K (-233.15°C) are called high-temperature superconductors, and those with a critical temperature higher than about 300K (26.85°C) are called room temperature superconductors.
The main representatives of low-temperature superconducting alloys include niobium-titanium alloy (NbTi), niobium-tin alloy (Nb3Sn), niobium-aluminum alloy (Nb3Al) and other alloys. However, currently the only commercialized low-temperature superconducting alloys are niobium-titanium alloy (NbTi) and niobium-tin alloys (Nb3Sn).
NbTi low temperature superconducting alloy is composed of two elements: niobium and titanium. The titanium content in the alloy is generally in the range of 46% to 50% (mass fraction), and it is the most widely used superconducting material.
The global NbTi Low Temperature Superconducting Alloys market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.
ReportPrime's newest research report, the “NbTi Low Temperature Superconducting Alloys Industry Forecast” looks at past sales and reviews total world NbTi Low Temperature Superconducting Alloys sales in 2023, providing a comprehensive analysis by region and market sector of projected NbTi Low Temperature Superconducting Alloys sales for 2024 through 2030.
This Insight Report provides a comprehensive analysis of the global NbTi Low Temperature Superconducting Alloys landscape and highlights key trends related to:
- Product segmentation
- Company formation
- Revenue and market share
- Latest development and M&A activity
This report also analyzes the strategies of leading global companies with a focus on NbTi Low Temperature Superconducting Alloys portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global NbTi Low Temperature Superconducting Alloys market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for NbTi Low Temperature Superconducting Alloys and breaks down the forecast by:
- Type
- Application
- Geography
- Market size
United States market for NbTi Low Temperature Superconducting Alloys is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for NbTi Low Temperature Superconducting Alloys is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for NbTi Low Temperature Superconducting Alloys is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key NbTi Low Temperature Superconducting Alloys players cover:
- Bruker
- ATI Inc.
- Luvata
- JASTEC
- Oxford
In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of NbTi Low Temperature Superconducting Alloys market by:
- Product type
- Application
- Key manufacturers
- Key regions and countries
Segmentation by Type:
- NbTi Wire
- NbTi Ingot Rod
Segmentation by Application:
- MRI
- MCZ
- NMR
- ITER
- Accelerator
This report also splits the market by region:
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- Korea
- Southeast Asia
- India
- Australia
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Middle East & Africa
- Egypt
- South Africa
- Israel
- Turkey
- GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration:
- Bruker
- ATI Inc.
- Luvata
- JASTEC
- Oxford
- Western Superconducting Material Technologies
- Furukawa Electric
- Supercon, Inc.
- Alloy Hit
- Firmetal Group
Key Questions Addressed in this Report
- What is the 10-year outlook for the global NbTi Low Temperature Superconducting Alloys market?
- What factors are driving NbTi Low Temperature Superconducting Alloys market growth, globally and by region?
- Which technologies are poised for the fastest growth by market and region?
- How do NbTi Low Temperature Superconducting Alloys market opportunities vary by end market size?
- How does NbTi Low Temperature Superconducting Alloys break out by Type, by Application?
Frequently Asked Questions
- Global Market Players
- Geopolitical regions
- Consumer Insights
- Technological advancement
- Historic and Future Analysis of the Market