Industry Analysis : Creep Resistance Materials Market - Global Size, Share, Growth, Trends, and Forecast 2017 - 2025
Press Release - 11
May2018
Global
Research and Development News
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"Creep
Resistance Materials Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2017 - 2025"
with coming years Industries Trends, projections of Global Growth,
Major key player and Case study, Review, Share, Size, Effect.
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According
to material science, creep or cold flow of materials is defined as
the tendency of a solid material to distort or deform
permanently when exposed to prolonged mechanical stress. Mechanical
creep occurs in materials when they are subjected to high level of
stress for a long term, below the yield strength of the materials.
Creep resistance is the ability of the material to resist any kind of
distortion when subjected to prolonged compressive load over an
extended period of time. Creep generally develops in materials that
are subjected to mechanical stress at high operating temperature and
pressure. Creep management is used in various applications such as
heat exchangers, jet engines, nuclear power plants, refineries, and
high capacity kilns which operate under high levels of stress and
temperature without causing any change to their material dimensions.
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Measurement
of creep behavior of a metal is determined by measuring the strain
deformation as function of time under constant stress. Occurrence of
creep is not limited to materials of low tensile strength, but it is
also susceptible to occurring to high strength materials having high
heat resistance. Atomic bond between molecules of the materials
starts failing at high temperature causing the movement of atoms and
atomic planes within the materials. This movement of atomic bonds at
high temperatures results in restructuring of atoms, causing
movements of dislocations and diffusion of the bonds that further
leads to permanent deformation of the materials even with high
tensile strength. Creep is a risky phenomenon and can cause
unanticipated failure of materials at high temperature.
In recent times, advanced methods and techniques
have been devised and several other experiments are being carried on
around the globe to make materials creep-free by using special
performance enhancing additives. Some of the modern creep resistance
materials are made of carbon-carbon and ceramic-ceramic composites
for applications up to 1,600°C and above. Recent developments of the
inter-metallic compounds such as Ti Si3 and MoSi2 has shown improved
behavior against creep with enhanced mechanical properties and
improved deformation behavior. Combination of high-strength,
thermodynamically compatible, and ductile reinforcements with
conventional materials have shown improved toughening and
strengthening mechanisms for high-temperature service. Modern
composites have displayed improved behavior against creep with
increased fracture toughness, oxidation resistance, combine strength,
and mechanical and microstructural stability over the broad range of
high temperature when combined with carbon fiber and titanium alloys.
Carbon fiber reinforced with titanium alloys is a
creep resistant material used in turbine blades and jet engine
operations. It is one of the hardest high performance creep resistant
material available which is 50% harder than tungsten carbide.
Molecular density of carbon fiber reinforced titanium is in excess of
95% of most materials which can be used in high purity applications.
Certain grades of stainless steel used in weld metals have shown
higher resistance to creep than that of others at high temperature.
Stainless steel with 0.04% to 0.08% of carbon has shown higher creep
resistance as compared to other grades of steel with lower carbon
percentages. Creep failure sometimes take years to occur depending on
the temperature resistance of the material.
A major part of the demand for creep resistance
materials is received from China, Japan, the U.S., and France.
Presently, North America and Asia Pacific are the prominent markets
for creep resistance materials, in terms of volume and revenue.
Europe is another leading market for creep resistance materials,
owing to its established aviation and aerospace industry. The market
for creep resistance material in Asia Pacific is projected to expand
at a modest growth rate in the near future. This is attributed to the
growing economy of China, Japan, and India and the increasing demand
for high performance materials in different industrial sectors in
these countries.
Slow-down of global economy and high cost of
materials are the major restraints for the global creep resistance
materials market. Key players with a global presence in the creep
resistant materials market are Saint-Gobain, Bohler Edelstahl,
Thyssen Krupp, Acerinox, and Aperam.
Rise in demand for high performance materials and
super alloys across the globe provides immense potential for the
expansion of the creep resistance materials market. Increase in
demand for high temperature resistance steel grades in the turbines,
defense, jet engines, and nuclear reactors is another factor
contributing to its growth
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable
data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
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The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive
primary research (through interviews, surveys, and observations of
seasoned analysts) and secondary research (which entails reputable
paid sources, trade journals, and industry body databases). The
report also features a complete qualitative and quantitative
assessment by analyzing data gathered from industry analysts and
market participants across key points in the industry’s value
chain.
– More
Clear Details get Table of
Contents_https://www.researchmoz.us/creep-resistance-materials-market-global-industry-analysis-size-share-growth-trends-and-forecast-2017-2025-report.html#table-of-content
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A separate
analysis of prevailing trends in the parent market, macro- and
micro-economic indicators, and regulations and mandates is included
under the purview of the study. By doing so, the report projects the
attractiveness of each major segment over the forecast period.
~
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
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