The global MCrAlY Alloy Powder market was valued at 48.3 Million USD in 2021 and will grow with a CAGR of 2.53% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

MCrAlY coatings are the key to the performance and reliability of highly stressed turbine parts. The M in MCrAlY stands for the base metal (usually nickel, cobalt or a combination of the two), which is alloyed with chromium, aluminum and yttrium. Cobalt and nickel are typically used as a base for the undercoating to make the metallic intermediate layer ductile. Aluminum and chromium form a stable oxide layer that protects coatings from oxidation. Yttrium enhances the bonding of this oxide layer.In recent years, affected by demand, there is a steady increase of MCrAlY Alloy powder. At present, Powder Alloy , H.C. Starck, Praxair and other foreign giants occupy a large market share; the sales of MCrAlY Alloy powder will increase to 612.59 MT in 2017 from 500.03 MT in 2012 with average growth rate of 4%. The government department has not formulated the MCrAlY alloy powder development standards, while China introduced a series of policies to promote the MCrAlY alloy powder industry. As the downstream market application is very simple, at the same time, with a lot of alternatives. So the market development prospects are not stable enough. Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field, especially the recovery of the aviation industry. Affected by aero engine manufacturing technology, the United States and Europe will continue to dominate the market in the next 6-10 years. Although the manufacturing and marketing of MCrAlY alloy powder may bring opportunities for related enterprises, the study recommends that enterprise those have fund advantage but lack technical and downstream support advantage do not enter into the MCrAlY alloy powder field before careful investigation. At present the overall market structure is relatively stable, with high barriers for new brands and capital.

By Market Verdors:

Powder Alloy

Praxair

H.C. Starck

Oerlikon Metco

Sandvik

Metal Powder and Process

By Types:

Ni-Based MCrAlY Alloy Powder

Co-Based MCrAlY Alloy Powder

Fe-Based MCrAlY Alloy Powder

By Applications:

Industrial Application

Aviation Application

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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