Hafnium Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast (2020 - 2025)
Hafnium Market size is forecast to reach $83.5 million by 2025, after growing at a CAGR of 6.5% during the forecast period from 2020-2025. Increasing demand for hafnium in the aerospace industry as super alloy and in submarines as nuclear control rods, is expected to fuel the overall demand of hafnium in the forecast timeframe. Globally, demand for new aircraft is growing, and the aerospace industry strives to implement innovative solutions to increase production time and cost savings. Therefore, in terms of increasing fuel efficiency, hafnium superalloys are gaining popularity. Hafnium is a chemical element with the symbol Hf and atomic number 72. A lustrous, silvery gray, tetravalent transition metal, hafnium chemically resembles zirconium and is found in zirconium minerals. Request Sample Report Coverage The report: “Hafnium Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Hafnium Industry. Key Takeaways North America domi...