NbTi is an important low temperature superconducting material. The NbTi alloy can be processed into an alloy by the general refractory metal processing method, and then processed into a multi-core composite superconducting wire with copper (or aluminum) as the matrix by the multi-core composite processing method. Finally, the final alloy is made of β single phase by metallurgical methods. Transform into a two-phase (α+β) alloy with a strong pinning center to meet application requirements.
The main difference between NbTi and NbsSn is that NbTi is a binary alloy with good processing plasticity, high strength, low manufacturing cost and low critical magnetic field.
According to the new market research report "NbTi Superconducting Alloy - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the global NbTi Superconducting Alloy market size is projected to reach USD 391 million by 2029, at a CAGR of 11.4% during the forecast period.
- Global NbTi Superconducting Alloy MarketSize(US$ Million), 2018-2029
Source: QYResearch, "NbTi Superconducting Alloy - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global NbTi Superconducting Alloy Top10Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: QYResearch, "NbTi Superconducting Alloy - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch Top Players Research Center, the global key manufacturers of NbTi Superconducting Alloy include Bruker, Allegheny Technologies, Luvata, JASTEC, Western Superconducting, etc. In 2022, the global top four players had a share approximately 80.0% in terms of revenue.
Market Drivers:
NbTi Superconducting Alloy is mainly driven by end applications and national policies.
For example, in the field of MRI, MRI has become one of the most important medical imaging diagnosis at present. For example, the demand for MRI in China has been increasing in recent years, and the demand for NbTi superconducting wire will grow steadily. Considering NbTi superconducting wire price, supply cycle and the convenience of joint research and development of new short-cavity superconducting MRI wire, MRI superconducting wire will have a good market demand in China in the future.
The support of national policies, such as China's "Medium and Long-term Scientific and Technological Development of the Nonferrous Metals Industry", points out that "low-temperature superconducting materials" are listed as key projects, aiming at the industrialization of practical high-performance low-temperature superconducting materials, striving for practical low-temperature superconducting materials. The key technology of superconducting material engineering has made a comprehensive breakthrough, so that the main technical indicators of NbTi and Nb3Sn superconducting wires meet the requirements of the ITER plan, NMR and MRI.
Restraint:
- Low-temperature superconducting materials have a low critical temperature and need to work in a liquid helium environment. Liquid helium is expensive, so the application of low-temperature superconducting materials is limited.
- Whether the cost performance of low-temperature superconducting materials can be similar to that of traditional conductive materials, and whether the low-temperature refrigeration system has long-term reliability and stability.
- The lack of high-end talents and the low degree of industrialization limit the regional demand and the development of the superconducting material industry.
Trend:
Low-temperature superconductor high-temperature transition: Because the critical temperature is too low, liquid helium (He) is often used, and liquid helium is expensive and difficult to prepare. Therefore, high-temperature superconductors have also been developed into wires for use at higher temperatures. High-temperature superconductors have a wider range of applications, such as superconducting ferrofluid power generation, high-temperature transformers, superconducting energy storage, high-temperature quantum interferometers, etc.
About The Authors
Jiashi Dong
Lead Author
Email: dongjiashi@qyresearch.com
QYResearch Guangzhou Branch Analyst, as a member of QYResearch Semiconductor Equipment and Materials Department. The main research directions are in the fields of semiconductor equipment, materials, Robot, and thermally conductive powders. Some subdivided research topics include plastic sealing machines, precursors, electroplating equipment, thermally conductive spherical alumina, etc. At the same time, he is also engaged in the development of market segment reports and participates in the writing of customized projects.
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
Contact Us:
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
EN: https://www.qyresearch.com
Email: global@qyresearch.com
Tel: 001-626-842-1666(US)
JP: https://www.qyresearch.co.jp