Brief Analysis on Supply and Demand of High Temperature Alloy Industry in China
Release time:
2024-07-04
With the rapid development of aerospace, nuclear power and other fields in China in recent years, the market demand for high-temperature alloys is also increasing, which promotes the growth of high-temperature alloy production in China. Although my country's high-temperature alloy industry has developed rapidly, there is still a gap between the overall technical level and the world's advanced level. High-end varieties have not yet achieved independent control, and the gap between supply and demand is large.
Data show that in 2021, China's high-temperature alloy production reached 38000 tons, an increase of 15.2; demand reached 62000 tons, an increase of 17%.
From the perspective of market size, with the rapid development of the industry in recent years, the market size of China's high-temperature alloy industry is also growing. According to data, in 2020, China's high-temperature alloy market size of 18.7 billion billion yuan, year-on-year growth. It is estimated that the market size will reach 21.9 billion yuan in 2021.
China's high-temperature alloy according to the preparation process demand, deformation of high-temperature alloy is the main source of demand in China, the demand accounted for 70%, casting high-temperature alloy demand accounted for 20%, powder high-temperature alloy demand accounted for 10%.
In terms of matrix elements, nickel-based high-temperature alloys accounted for the highest demand, up to 80%; followed by iron-based high-temperature alloys, demand accounted for 14.3; cobalt-based high-temperature alloys accounted for the smallest demand, accounting for 5.7.
From the application structure of high-temperature alloys in China, the aerospace field is the largest application field of high-temperature alloys, accounting for 55% of the application, followed by the electric power and mechanical fields, accounting for 20% and 10% respectively.
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