Metals and Minerals

Tantalum Market Outlook to 2019, Research Reports

Tantalum is a hard, bluish grey, transition metal. Previously it was known as tantalium and is a rare earth metal. It is characterized by its incredibly high melting point which is bettered only by tungsten, rhenium, osmium and carbon. Tantalum along with similar metals such as Neobium, can be found in minerals such as coltan, columbite and tantalite. Most of the tantalum is derived from hard rock mines; however it can also be obtained from tin slags, and artisanal mines. Tantalite is highly resistant to corrosion and is a part of the refractory metals group.

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The main application of tantalum is in the electronics industry where it is employed in manufacturing capacitors and high power resistors. In this application, tantalum has to compete with low cost ceramic and aluminum capacitors. As a result tantalums’ use is mostly limited to high end capacitors where stability and high volumetric capacity is of paramount importance. Other electronic applications of tantalum are sputtering targets and target acoustic wave filters. Apart from that tantalum finds application in medical devices, chemical processing and manufacturing of super alloys. Tantalum-oxide is used in camera lenses as well as X-ray equipments, while tantalum carbide is used to manufacture cutting tools.

One of the major drivers of this market is the growing importance and demand for electronic gadgets and equipments. Tantalum alloys are used extensively in aviation and land based gas turbine, and the demand from this sector is expected to rise at a brisk pace in the near future owing to the high growth in aviation and aerospace industries. The same is true for land based gas turbines as well. The highest quantity of tantalum demand is expected to come from tantalum powder/ wire application, followed by its application in super alloys.

Most of the tantalum that is mined globally comes from Africa, where the largest resource of tantalum is present. Tantalum is widely available in Central Africa as well as other parts of the region. Countries such as Rwanda, Ethiopia, Mozambique, Nigeria, Gabon, Zimbabwe and Namibia have huge tantalum deposits and cumulatively account for over 50% of the global production. Tantalum is also abundant in the Democratic Republic of Congo, and the metal from DRC is called conflict tantalum, as the metal mined in the conflict region is sold to perpetuate warfare. A ban on importing or trading conflict metals has been imposed, which is expected to hurt the Central African economy and the local people. The blanket ban is also expected to affect other regions of Africa which are not conflict zones. Other than Africa, tantalum is mined in South American countries such as Brazil and Argentina; European countries such as Germany and Austria; and Asian countries such as Australia, Japan, Thailand and China. The mining of tantalum in North America is almost negligible; however mining activities are expected to commence in the near future. The Central African crisis and ban on tantalum imports are expected to drive demand from the Asia Pacific and South American countries.

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Global Cobalt Market – Latest Cobalt News and Industry Analysis upto 2019

Cobalt is a metal which is found mostly in a combined form in the earths’ crust. Cobalt and its derivatives has various application in super alloys, reusable energy storage systems, wear resistant alloys, magnets, binder material, thermal spray coatings, orthopedics, life sciences applications and others. Cobalt is mostly combined with other metals and used in the alloy form. Cobalt based alloys exhibits high oxidation resistance and high tolerance to thermal variations.

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Cobalt market is mainly driven by increased demand of chemicals used in the rechargeable and recyclable batteries. Another driving factor for the cobalt market is the use of super alloys in light weight vehicles as alloys reduce the weight of the vehicle, thereby improving efficiency. The growing demand for light weight vehicles is increasing owing to the prevalence of stringent regulations to reduce CO2 emissions. Use of alloys in the aircraft engines is another factor fueling the cobalt market. The cobalt market is experiencing challenges to meet the demand due to low supply. The issues in the Democratic Republic of the Congo (DRC) are majorly affecting the supply of the cobalt. The issues include government banned export of the raw material, political and economical instability, power and water shortages and others. Increasing supply-demand gap has resulted in increasing the prices of cobalt. New applications in the various industrial applications such as renewable energy, healthcare, catalysts and defense are expected to open new opportunities for the growth of the cobalt market in the near future.

China is the largest consumer of the cobalt, with use of cobalt in the downstream industries such as batteries, magnetic materials, hard alloys and others. The largest cobalt producing country is Democratic Republic of the Congo (DRC) followed by Canada, China, Australia, and Zambia. The demand from chemical batteries industry and the automotive industry is driving the market in this region. The U.S. is the second largest consumer of the refined cobalt with growing demand from various industries.

Major players in the global cobalt market include Glencore Xstrate plc, Huayou Cobalt, Freeport-McMoran Copper & Gold, Umicore and Jinchuan among others.

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Global Copper Market – Latest Copper News and Industry Analysis upto 2019

Copper is a ductile metal with high electrical and thermal conductivity. The metal is used as a conductor of electricity and heat, a building material, and as a constituent of certain metal alloys. Its aesthetic, physical, and chemical properties makes it a material of choice in an extensive range of industrial, domestic and high technology applications. Copper is majorly extracted or mined as copper sulfides from large mines in porphyry copper deposits contain approximately 1% copper. Copper and copper-based alloys are used in a variety of applications such as construction, wires, electronics and industrial equipment & machinery among others.

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The global market for copper has been mature with its wide application scope in various technical and non-technical industries. Owing to its recycling property, copper has been a preferred choice of material for many applications. Copper has been a vital donor to the national economies of developed as well developing economies where the increasing mining and processing activities of copper has contributed to the building the infrastructure and further create trade opportunities for the future.

Several factors such as technological improvements, discovery of new deposits, efficient design and taking advantage of the renewable nature of copper through recycling and reuse have been driving the growth for the copper market. However, price volatility in certain energy sources used for the production of copper are expected to hamper the market. Regions such as North America, and South America were some of the major producers of copper. Future market growth is expected to be from emerging regions such as Asia Pacific with the growing amount of industrial activities providing new opportunities to the growth of the market, particularly in China and India.

Anglo American PLC, Codelco, First Quantum Minerals Ltd., The Furukawa Electric Co., Jiangxi Copper Company Limited, Nippon Mining & Metals Co. and Rio Tinto Group are some of the market players operating in this industry.

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Bentonite Market Segment Forecast upto 2019, Research Reports

Bentonite also called as montmorillonite is a clay which has ability to produce electrical charge upon being hydrated. Bentonite is recognized for its capability to soak up and eradicate toxins, impurities, heavy meats and chemicals. Bentonite is used in variety of foods such as yogurts and candy. Smoothness of yogurt is created by bentonite. Bentonite is also used in manufacture of medicines due to its good water holding capabilities. Bentonite is used as bonding material in metal casting industry. Bentonite can also be mixed with clay and sand to be used in ceramics and buildings industry. Small volume of bentonite is also used as bleaching agent.

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Bentonite is gaining popularity among the end users in recent years as external and internal cleanser. Major growth driver for bentonite market is strong demand from food, pharmaceutical, cosmetic, surfactants industry. Large volume of bentonite has been used in the manufacture of rubber tire production, sprays, and cleansers due to its bonding ability. Conventionally it has been used as a mud constituent for oil- and water- well drilling. Its major functionality is to close borehole walls, to eradicate drill cuttings and to grease cutting head. One of the major factors restraining the growth of bentonite market is that it cannot prevent swelling and hydration formation. Treated bentonite does not properly exhibit plasticity property due to low amount of montmorillonite in bentonite.

Asia Pacific is the largest consumer of bentonite followed by North America, and Europe. Application wise Bentonite largely used for drilling fluids. Key manufactures of bentonite are AMCOL International, VOLCLAY International, Wyo-Ben Inc, Alfa Aesar, Kemira US, Cimbar, Charles B. Chrystal Co. Inc, Amsyn Inc., Midpoint Chemicals Company.

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Global Bentonite Market Research Report and Industry Analysis

Transparency Market Research Reports incorporated a definite business overview and investigation inclines on “Bentonite Market“. This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure.Bentonite also called as montmorillonite is a clay which has ability to produce electrical charge upon being hydrated. Bentonite is recognized for its capability to soak up and eradicate toxins, impurities, heavy meats and chemicals. Bentonite is used in variety of foods such as yogurts and candy. Smoothness of yogurt is created by bentonite. Bentonite is also used in manufacture of medicines due to its good water holding capabilities. Bentonite is used as bonding material in metal casting industry. Bentonite can also be mixed with clay and sand to be used in ceramics and buildings industry. Small volume of bentonite is also used as bleaching agent.

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Bentonite is gaining popularity among the end users in recent years as external and internal cleanser. Major growth driver for bentonite market is strong demand from food, pharmaceutical, cosmetic, surfactants industry. Large volume of bentonite has been used in the manufacture of rubber tire production, sprays, and cleansers due to its bonding ability. Conventionally it has been used as a mud constituent for oil- and water- well drilling. Its major functionality is to close borehole walls, to eradicate drill cuttings and to grease cutting head. One of the major factors restraining the growth of bentonite market is that it cannot prevent swelling and hydration formation. Treated bentonite does not properly exhibit plasticity property due to low amount of montmorillonite in bentonite.

Asia Pacific is the largest consumer of bentonite followed by North America, and Europe. Application wise Bentonite largely used for drilling fluids. Key manufactures of bentonite are AMCOL International, VOLCLAY International, Wyo-Ben Inc, Alfa Aesar, Kemira US, Cimbar, Charles B. Chrystal Co. Inc,  Amsyn Inc., Midpoint Chemicals Company.

Read Full PDF: Global Bentonite Market Research Report and Industry Analysis, 2013 – 2019

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

  • North America
  • Asia Pacific
  • Europe
  • Rest of the World

This report provides comprehensive analysis of 

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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