Posts

Showing posts with the label Metals and Metal Products

The Global Market for Beryllium is Projected to Reach 681.8 Thousand Kilograms by 2024

Growing Use of Beryllium in Telecom Equipment & Electronics to Foster Growth in the Beryllium Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Beryllium market. The global market for Beryllium is projected to reach 681.8 thousand kilograms by 2024 , driven by the growing use of beryllium alloy in a wide range of industrial and electronic applications. Beryllium   (Be), a silver-gray metallic element with compelling properties, is used in a broad range of applications within the aerospace, energy, defense, appliance, automotive, electronics and medical equipment industries.   Beryllium is suitable for applications requiring high levels of reliability, quality and safety and is recognized as a critical raw material in its various forms including metal, alloys, and oxides. In the automotive sector, a significant...

The Global Steel Market is Projected to Reach 1.74 Billion Metric Tons by 2024

India and other Emerging Markets to Counterbalance Slowdown in Chinese Steel Consumption, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Steel market. The global Steel market is projected to reach 1.74 billion metric tons by 2024 , driven by increasing consumption in India, Russia, Turkey and other emerging markets, even as Chinese consumption slows down. The steel industry is one of the most basic industries around the world, and is a general indicator of economic health, as production and consumption of steel largely mirrors macroeconomic trends. Steel is the most widely used metal in the world, and finds use in varied applications such as construction, automotives, ship building, machinery, as well as daily use products such as metal goods and household appliances. As such, demand for steel moves in line with industrial as wel...

The Global Market for Steel Wire is Projected to Exceed US$29 Billion by 2024

Stable Economic Growth Drives All Round Demand for Steel Wire, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Steel Wire market. The global market for Steel Wire is projected to exceed US$29 billion by 2024 , driven by stable economic conditions across the world, leading to widespread demand creation across emerging as well as developed markets. Produced from wire rods, a finished long steel product, steel wires find their use in several end-use application areas. Construction, machinery and automotive markets especially present significant opportunities for use of steel wires in a range of application areas. For instance, in the building construction sector, steel wires are used for fencing, anchorage, balustrading, and binding among other major applications. Steel wires are also used in a range of infrastructure constructions ...

The Global Iron Ore Market is Projected to Reach 2.3 Billion Metric Tons by 2024

India Coupled With Other Emerging Markets to Offset the Slowdown in Chinese Iron Ore Consumption, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Iron Ore markets. The global Iron Ore market is projected to reach 2.3 billion metric tons by 2024 , driven by increasing consumption in India, Turkey and other emerging markets, even as Chinese consumption slows down. Iron (Fe), which comprises about 5% of the Earth's crust, is a natural and extremely useful metallic element. It is the most commonly used metal in the world, finding utility in various applications such as industrial, maritime, structural engineering, and automobiles. Though, iron-rich rocks are common in several countries across the globe, the constraint of commercial mining lies in the location of the ore in relation to the market, which indicates the cost associat...

The Global Market for Germanium is Forecast to Reach 218.9 Thousand Kilograms by 2024

Continued Expansion of Fiber-Optic Networks and Growth in the Solar Energy Sector to Support Demand for Germanium, According to a New Report by Global Industry Analysts, Inc.                                                                                                  GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Germanium market. The global market for Germanium is forecast to reach 218.9thousand kilograms by 2024 , ...

The Global Consumption of Silicon and Ferrosilicon is Projected to Reach 15.2 Million Metric Tons by 2024

Sustained Demand from Major End-Use Industries Continues to Drive Consumption of Silicon and Ferrosilicon, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Silicon and Ferrosilicon market. The global consumption of Silicon and Ferrosilicon is projected to reach 15.2 million metric tons by 2024 , driven by the increasing use of silicon in the production of aluminum alloys, and growing demand for ferrosilicon from leading end-use applications such as ferrous foundries, steel and magnesium. Silicon and ferrosilicon are similar in physical terms and are also produced using a similar process. However the two materials vary significantly in terms of their applications. While silicon finds widespread use in manufacturing aluminum alloys, semiconductors, polysilicon and silicones, ferrosilicon is predominantly utilized in the production p...

The Global Market for Fluorspar is Projected to Reach Nearly 7.4 Million Metric Tons by 2024

Increasing Demand for Hydrofluoric Acid Drives Growth in the Global Fluorspar Market, According to a New Report by Global Industry Analysts, Inc.                                                                                                  GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size, and demand forecasts on the global Fluorspar market. The global market for Fluorspar is projected to reach nearly 7.4 million metric tons by 2024 , driven by increasin...

The Global Market for Asphalt is Projected to Reach Nearly 192 Million Metric Tons by 2024

Focus on Infrastructure and Steady Roofing Markets Drive Growth in the Asphalt Market, According to a New Report by Global Industry Analysts, Inc.                                                                                                  GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, market size, and demand forecasts on the global Asphalt market. The global market for Asphalt is projected to reach nearly 192 million metric tons by 2024 , driven by focus o...

The Global Aluminum Castings Market is Projected to Reach 25.5 Million Tons by 2024

Growing Demand for Lightweight and Energy Efficient Products Drives the Global Aluminum Castings Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Aluminum Castings market. The global Aluminum Castings market is projected to reach 25.5 million tons by 2024 , driven by the escalating demand for lightweight and energy efficient components in industries such as transportation, consumer appliances and industrial equipment, among others. Metal castings are important manufacturing processes that are critical to the production of a range of manufactured parts and finished goods. Metal castings including aluminum castings will experience steady demand, supported by demand for manufactured durable goods such as automobiles, computers, and construction equipment, among others. Aluminum represents the metal of choice in castings where...

The Global Market for Copper Pipes and Tubes is Projected to Reach 6.3 Million Tons by 2024

Improving Demand for HVACR and Plumbing Infrastructure Drives Growth in the Global Copper Pipes and Tubes Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Copper Pipes and Tubes market. The global market for Copper Pipes and Tubes is projected to reach 6.3 million tons by 2024 , driven by recovery in the construction sector and increasing demand for copper pipes and tubes in HVACR systems, plumbing infrastructure and growing demand for energy efficient heat exchangers.  Copper pipes and tubes are used in a range of piping and tubing applications in residential, commercial and industrial environments. Despite the availability of competing materials such as cast iron, galvanized iron, aluminum, and plastics for piping and tubing applications, copper’s acclaimed benefits such as extended bending flexibility, high durabil...