Top 5 Companies in the High-performance Alloy Market – 2018

3 min read

High-performance Alloy Market

Mordor Intelligence has released its 2018 list of companies with the highest market shares in the high-performance alloy market.

According to the company’s report, here are the top five major market players:

1. ATI

ATI Specialty Alloys and Components, a subsidiary of Allegheny Technologies Inc., is one of the world’s largest manufacturers of high-performance alloys with an unmatched product portfolio, unparalleled technical expertise, and unsurpassed manufacturing capabilities. High-performance alloy, along with nickel-based alloy, forms one of the most important products of the company, as it contributes to about 31% of the revenue generated from the high-performance materials & components (HPMC) segment. The company has been focusing on shifting away from its attention from low-margin industries, such as steel, to high-margin industries, which involve nickel superalloys. The state-of-the-art metal rolling facility in Pennsylvania is helpful in creating a significant competitive edge for the company. Powered by the product development of high-performance alloys, in-house efforts for the company’s growth, highly qualified and equipped manufacturing bases, and long-term supply agreements for the present and future generation jet engines and airframes (with companies, like Boeing Company (Boeing), GE Aviation, and Snecma (Safran)), the company has strongly positioned itself to cater the expected multi-year demand growth for the high-performance alloy coming from the commercial aerospace market.

Get more information about ATI including their financials, market share, latest developments. 

2. VDM Metals

VDM Metals is a notable market leader for high-performance alloys, which is backed by its large amount of strategic investments, mergers, and acquisitions. The company covers the broadest product & services portfolio of over 400 active patents in the industry. The company has an immense worldwide footprint, with seven production facilities in Germany and the United States, and four service centers in Europe and Asia-Pacific. The strong innovation and R&D capabilities of the company have helped it to successfully meet the demands coming from over 1,500 customers, along with fueling its position in the chemical processing and oil & gas industries.

Get more information on Strategies, Recent Developments of VDM Metals

3. Precision Castparts Corporation

Precision Castparts Corporation, through its subsidiary Special Metals Corporation, is a world’s leading producer of high-performance nickel-based alloys. Special Metals Corp. is a pioneer in the manufacturing of nickel-base superalloys and has developed most of the nickel alloys in service, at present. By leveraging that inventor status, the company supplies around 100 high-performance alloy compositions to over 5,000 customers and every major world market for high-performance nickel-based alloys with high precision. The company operates through manufacturing and research facilities in the United States and Europe, including sales offices in North America, Europe, and Asia, along with a distribution network, which includes the major industrialized countries of the world.

Speak to our research analyst to know more about Precision Castparts Corporation’s Strategies, Competition, etc.

4. Carpenter Technology Corporation

Carpenter Technology Corporation is a leading inventor, manufacturer, and distributor of wrought and powder-metallurgy specialty alloys. The company serves various end-user industries, like automotive, aerospace, energy, medical, industrial, consumer, and defense, with its high-performance alloys that offer high strength and toughness, excellent corrosion resistance, and outstanding high-temperature performance. The R&D department of the company is quite active in developing, both, evolutionary new products and next-generation specialty alloys, like advanced nickel-based and cobalt-based alloys, advanced stainless steels, and high-performance alloys steel. The combination of the solutions-focused commercial approach with high-end specialty alloys has supported the specialty alloys operations (SAO) of the company. This has helped the company to achieve the highest margin in the market over the recent years.

Request for information on Point Five Packaging LLC’ SWOT Analysis, Competition, etc.  

5. HAYNES INTERNATIONAL INC.

Being one of the key players in the high-performance alloy industry, Haynes International delivers high value-added, functional solutions to a great number of sectors and industries, like aerospace, chemical processing, and industrial gas turbine. The company has a strong presence across the globe, with manufacturing facilities in Kokomo, Indiana; Arcadia, Louisiana; and Mountain Home, North Carolina. The company’s products are sold primarily through its direct sales organization, which includes 13 service and/or sales centers in the United States, Europe, and Asia. The company offers a broad and innovative product portfolio, which primarily includes the high‑performance nickel‑ and cobalt‑based alloy sectors, including HTA  and CRA products. The company aims at broadening the scope of its portfolio of minerals while expanding its geographical footprint, across the globe. The main strategy of the company is to file patent applications in the United States and any other country that represents an important potential commercial market. The company is likely to continue to grab opportunities in order to offer its customers an enhanced and more competitive product line, so as to complement its core flat products. These opportunities may include product-line enhancement and market expansion. The company will also continue to evaluate strategic relationships with third parties in the industry, in order to enhance its competitive position and relationships with customers.

Ask us for info on Haynes International Inc.’s strategies, competition, etc.

Here are some other key players mentioned in the market report offered by Mordor:

Alcoa Corporation

Aperam SA

High-Performance Alloys, Inc.

Hitachi Metals, Ltd

Materion Corporation

Outokumpu

Sandvik AB

Thyssenkrupp AG

VSMPO-AVISMA Corporation

Wall Colmonoy

Access the Full Report to know more about High-performance Alloy Market (2018 – 2023)

About Mordor Intelligence

Mordor Intelligence is a market intelligence and advisory firm operating in 14 industry segments, serving over 600 clients, worldwide.

Chandu Sai Hemanth
Chandu Sai Hemanth Chandu Sai Hemanth is a Research Associate in Mordor Intelligence, with capabilities in primary and secondary research and analysis. He is a chemical engineering graduate from BITS Pilani Hyderabad and is well versed and proficient in Material Science and Technology. As a part of the research team, he has worked on an array of significant projects involving B2B value chain analysis, market share analysis, Porter's five forces analysis and market size to name a few. Advanced Materials, Polymers, and Specialty Chemicals are his forte.
Chandu Sai Hemanth Chandu Sai Hemanth is a Research Associate in Mordor Intelligence, with capabilities in primary and secondary research and analysis. He is a chemical engineering graduate from BITS Pilani Hyderabad and is well versed and proficient in Material Science and Technology. As a part of the research team, he has worked on an array of significant projects involving B2B value chain analysis, market share analysis, Porter's five forces analysis and market size to name a few. Advanced Materials, Polymers, and Specialty Chemicals are his forte.  

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