360 MARKET UPDATES Report provides a 360-degree overview of the global Tantalum Market with special emphasis on all aspects including drivers, restraints, and opportunities, market and regional segmentation.

Tantalum

Report Title: “Global Tantalum Market – Segmented by Products, Application and Geography – Growth, Trends and Forecast (2018 – 2023)”

Global “Tantalum Market” is expected to register a CAGR of approximately 3.1% during the forecast period of (2018 – 2023). Also, Tantalum Market report provides the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Tantalum Analysis.

Tantalum market Report provides a 360-degree overview of the global Tantalum market with special emphasis on all aspects including drivers, restraints, and opportunities, market and regional segmentation.

Tantalum Market Report Covers Leading Manufacturers: ALKANE RESOURCES LIMITED, Altura Mining Ltd., China Minmetals Corporation, Fogang Jiata Metals Co., Ltd., Global Advanced Metals, Globe Metals and Mining, Grandciew Materials, Inc., H.C. Starck, Metallurgical Products Co., Ningxia Orient Tantalum Industry Co., Ltd., Rohm Semiconductors, Taki Chemical Co., Ltd., ULBA Metallurgical Plant

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The global tantalum market is expected to witness a CAGR of approximately 3.1%, during the forecasted period, majorly driven by its increasing application base in the electronics industry and extensive use of tantalum alloys in aviation and gas turbine.

Growing Usage in Electronics Industry

Tantalum is a dense silver metal with high ductility, and heat and electricity conducting properties. Due to the formation of a thin film called oxide, the element possess high corrosion-resistance property owing to which it is highly preferred in the electronics industry. Majority of the tantalum is consumed in the electronics industry primarily as powder and wire for capacitors. The demand for tantalum is expected to rise from the growing telecommunication sector owing to requirement for low voltage capacitors, hence, driving the market for tantalum. Additionally, as the market is increasingly moving towards miniaturization, the tantalum capacitor is preferred in space-sensitive, high-end applications in telecommunications, data storage, and implantable medical devices. Thus, increasing the demand for and consumption of tantalum in the electronics industry. However, market faces certain drawbacks, due to the detrimental effects of tantalum powder, which may hinder the market growth to a certain extent.

Capacitors Dominates the Market

Tantalum powder witnessed the highest demand from the capacitors industry. This is majorly because it offers unique properties, as well as high capacitance value in the smallest physical component size. As a result, driving the demand for capacitors. Furthermore, with the growth of the electronics industry and the technological development for usage of such materials in industries, such as medical, the demand for tantalum is expected to rise. This in turn shall benefit the market for tantalum during the forecast period.

Congo and Rwanda Major Producing Countries

Rwanda and Congo are the world’s largest producer for tantalum. The countries are also among the major exporters of tantalum. In 2016, Congo dominated the market with a production of 370 tons, however in 2017, Rwanda again gained back its position of the major tantalum producing country. But, it is difficult to ascertain the how much tantalum is actually produced in the country’s mines, as it is being said that much of the country’s mineral production arrives from countries, like Congo, where conflict minerals are an issue. However, to solve this issue the government and some companies are focusing on making the mining industry in Rwanda more transparent.

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Reasons to Purchase Tantalum Market Report:

  • Identification of key factors instrumental in changing the market scenario, exploiting new opportunities, and gaining a competitive edge. 
  • Analysing various perspectives of the market with the help of Porter’s five forces analysis.
  • The authentication mode is likely to witness the highest adoption of these systems in the market.
  • The regions that are expected to witness the fastest growth during the forecast period.
  • The SWOT analysis for key players and a detailed study of their current strategic interests and key financial performance indicators.
  • 3 months’ analyst support along with the Market Estimate sheet (in excel). 

“We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.”

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