Global High Performance Alloys Market Rise to US$9.10 bn by 2020 | 页面 3

High Performance Alloys Market

turbines need materials that offer high tensile strength and excellent fatigue and corrosion resistance,
which high performance alloys provide. Moreover, the demand for alloys is also high from the
automotive industry. Engine components such as pistons, brake calipers, valve guides, and chassis
are made from high performance alloys.
Manufacturing Challenges of High Performance Alloys to Hamper Growth of Market
High performance alloys face challenges in the manufacturing process. They generate heat during
machining and this accumulated high temperature interferes with the cutting process of the alloys,
causing them to be damaged or deformed. Additionally, the shapes of parts of high performance
alloys make them difficult to be held securely for machining.
The finishing operations and the floor space required for machining, add to the cost of these alloys,
states a TMR analyst. The increased cost of high performance alloys is leading to a higher preference
for conventional alloys.

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Demand for Lightweight High Performance Alloys from Automotive Industry Opens New
Growth Avenues
The growing economic and political pressure to reduce fuel consumption and emissions are causing
manufacturers to design lightweight automobiles. This is expec