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Global Niobium Products Market Research Report 2025
Published Date: April 2025
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Report Code: QYRE-Auto-10L17338
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Global Niobium Products Market Research Report 2024
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Global Niobium Products Market Research Report 2025

Code: QYRE-Auto-10L17338
Report
April 2025
Pages:64
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Niobium Products Market Size

The global market for Niobium Products was valued at US$ 3205 million in the year 2024 and is projected to reach a revised size of US$ 4940 million by 2031, growing at a CAGR of 6.5% during the forecast period.

Niobium Products Market

Niobium Products Market

Niobium is a chemical element with the symbol Nb and atomic number 41. Niobium is a rare, soft, forgeable, ductile gray-white metal that exists in mineral form. It has a body-centered cubic crystal structure and its physical and chemical properties are similar to those of tantalum. It must be placed in a protective atmosphere even when processed at moderate temperatures because it reacts easily with oxygen, carbon, halogens, nitrogen and sulfur. The metal is inert to acids, even to aqua regia, at room temperature, but is attacked by hot concentrated acids, especially alkalis and oxidants. Niobium iron is widely used as an additive in the steel industry, which can significantly improve the strength and toughness of steel. It is an indispensable and important metal in modern industry; niobium oxide has excellent chemical stability and high refractive index, and is widely used in electronics, optics and ceramics; niobium metal has a high melting point, low density, good corrosion resistance and excellent mechanical properties, and is widely used in aerospace, energy, electronics and chemical industries.
The main consumption areas of niobium metal are North America, Europe, China, Japan, India, South Korea and other countries and regions with heavy industrial development systems such as steel.
In terms of sales volume, China is currently the world's largest niobium sales country, accounting for 35.90% of the world in 2024. In terms of revenue, the Chinese market has developed steadily and expanded in the past few years. The market size in 2024 is US$1,148.02 million, accounting for about 35.82% of the world. It is expected to reach US$1,911.64 million in 2031, and the global share will reach 38.69% by then.
In terms of product types, niobium includes ferroniobium, niobium oxide, and niobium metal. Ferroniobium has excellent strengthening and stable grain structure characteristics. It is an important material for the production of microalloyed steel, heat-resistant steel and stainless steel. It is indispensable in the manufacture of high-performance steel. The market size in 2024 is US$2,832.65 million, accounting for about 88.38% of the world. It is expected to reach US$4,013.77 million in 2031, and the global share will drop to 81.23%. Niobium oxide and niobium metal have a growing global share due to their excellent properties and important application value.
From the perspective of product market application, the market size of structural steel in 2024 is US$1,346.26 million, accounting for about 42.00% of the world, and is expected to reach US$1,737.17 million in 2031, with the global share falling to 35.16%.
Currently, major global manufacturers include CBMM, CMOC Group and Niobec. Relying on rich niobium ore resources and cutting-edge niobium product technology, the leading manufacturer CBMM will account for 77.35% of the market share in 2024, and the niobium industry is highly concentrated.
This report aims to provide a comprehensive presentation of the global market for Niobium Products, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Niobium Products.
The Niobium Products market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Niobium Products market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Niobium Products companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of Niobium Products Market Report

Report Metric Details
Report Name Niobium Products Market
Accounted market size in year US$ 3205 million
Forecasted market size in 2031 US$ 4940 million
CAGR 6.5%
Base Year year
Forecasted years 2025 - 2031
Segment by Type
  • Ferroniobium
  • Niobium Oxide
  • Niobium Metal
Segment by Application
  • Structural Steel
  • Automotive Steel
  • Pipeline Steel
  • Stainless Steel
  • Other
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company CBMM, CMOC, Niobec
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
  • Chapter 3: Detailed analysis of Niobium Products company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
  • Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 12: The main points and conclusions of the report.

FAQ for this report

How fast is Niobium Products Market growing?

Ans: The Niobium Products Market witnessing a CAGR of 6.5% during the forecast period 2025-2031.

What is the Niobium Products Market size in 2031?

Ans: The Niobium Products Market size in 2031 will be US$ 4940 million.

What is the Niobium Products Market share by region?

Ans: In terms of sales volume, China is currently the world's largest niobium sales country, accounting for 35.90% of the world in 2024.

What is the CBMM share in Niobium Products Market?

Ans: Relying on rich niobium ore resources and cutting-edge niobium product technology, the leading manufacturer CBMM will account for 77.35% of the market share in 2024, and the niobium industry is highly concentrated.

Who are the main players in the Niobium Products Market report?

Ans: The main players in the Niobium Products Market are CBMM, CMOC, Niobec

What are the Application segmentation covered in the Niobium Products Market report?

Ans: The Applications covered in the Niobium Products Market report are Structural Steel, Automotive Steel, Pipeline Steel, Stainless Steel, Other

What are the Type segmentation covered in the Niobium Products Market report?

Ans: The Types covered in the Niobium Products Market report are Ferroniobium, Niobium Oxide, Niobium Metal

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Niobium Products Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Ferroniobium
1.2.3 Niobium Oxide
1.2.4 Niobium Metal
1.3 Market by Application
1.3.1 Global Niobium Products Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Structural Steel
1.3.3 Automotive Steel
1.3.4 Pipeline Steel
1.3.5 Stainless Steel
1.3.6 Other
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Niobium Products Market Perspective (2020-2031)
2.2 Global Niobium Products Growth Trends by Region
2.2.1 Global Niobium Products Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Niobium Products Historic Market Size by Region (2020-2025)
2.2.3 Niobium Products Forecasted Market Size by Region (2026-2031)
2.3 Niobium Products Market Dynamics
2.3.1 Niobium Products Industry Trends
2.3.2 Niobium Products Market Drivers
2.3.3 Niobium Products Market Challenges
2.3.4 Niobium Products Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Niobium Products Players by Revenue
3.1.1 Global Top Niobium Products Players by Revenue (2020-2025)
3.1.2 Global Niobium Products Revenue Market Share by Players (2020-2025)
3.2 Global Top Niobium Products Players by Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Niobium Products Revenue
3.4 Global Niobium Products Market Concentration Ratio
3.4.1 Global Niobium Products Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Niobium Products Revenue in 2024
3.5 Global Key Players of Niobium Products Head office and Area Served
3.6 Global Key Players of Niobium Products, Product and Application
3.7 Global Key Players of Niobium Products, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Niobium Products Breakdown Data by Type
4.1 Global Niobium Products Historic Market Size by Type (2020-2025)
4.2 Global Niobium Products Forecasted Market Size by Type (2026-2031)
5 Niobium Products Breakdown Data by Application
5.1 Global Niobium Products Historic Market Size by Application (2020-2025)
5.2 Global Niobium Products Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Niobium Products Market Size (2020-2031)
6.2 North America Niobium Products Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Niobium Products Market Size by Country (2020-2025)
6.4 North America Niobium Products Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Niobium Products Market Size (2020-2031)
7.2 Europe Niobium Products Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Niobium Products Market Size by Country (2020-2025)
7.4 Europe Niobium Products Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Niobium Products Market Size (2020-2031)
8.2 Asia-Pacific Niobium Products Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Niobium Products Market Size by Region (2020-2025)
8.4 Asia-Pacific Niobium Products Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Niobium Products Market Size (2020-2031)
9.2 Latin America Niobium Products Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Niobium Products Market Size by Country (2020-2025)
9.4 Latin America Niobium Products Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Niobium Products Market Size (2020-2031)
10.2 Middle East & Africa Niobium Products Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Niobium Products Market Size by Country (2020-2025)
10.4 Middle East & Africa Niobium Products Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 CBMM
11.1.1 CBMM Company Details
11.1.2 CBMM Business Overview
11.1.3 CBMM Niobium Products Introduction
11.1.4 CBMM Revenue in Niobium Products Business (2020-2025)
11.1.5 CBMM Recent Development
11.2 CMOC
11.2.1 CMOC Company Details
11.2.2 CMOC Business Overview
11.2.3 CMOC Niobium Products Introduction
11.2.4 CMOC Revenue in Niobium Products Business (2020-2025)
11.2.5 CMOC Recent Development
11.3 Niobec
11.3.1 Niobec Company Details
11.3.2 Niobec Business Overview
11.3.3 Niobec Niobium Products Introduction
11.3.4 Niobec Revenue in Niobium Products Business (2020-2025)
11.3.5 Niobec Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
List of Tables
 Table 1. Global Niobium Products Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
 Table 2. Key Players of Ferroniobium
 Table 3. Key Players of Niobium Oxide
 Table 4. Key Players of Niobium Metal
 Table 5. Global Niobium Products Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
 Table 6. Global Niobium Products Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 7. Global Niobium Products Market Size by Region (2020-2025) & (US$ Million)
 Table 8. Global Niobium Products Market Share by Region (2020-2025)
 Table 9. Global Niobium Products Forecasted Market Size by Region (2026-2031) & (US$ Million)
 Table 10. Global Niobium Products Market Share by Region (2026-2031)
 Table 11. Niobium Products Market Trends
 Table 12. Niobium Products Market Drivers
 Table 13. Niobium Products Market Challenges
 Table 14. Niobium Products Market Restraints
 Table 15. Global Niobium Products Revenue by Players (2020-2025) & (US$ Million)
 Table 16. Global Niobium Products Market Share by Players (2020-2025)
 Table 17. Global Top Niobium Products Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Niobium Products as of 2024)
 Table 18. Ranking of Global Top Niobium Products Companies by Revenue (US$ Million) in 2024
 Table 19. Global 5 Largest Players Market Share by Niobium Products Revenue (CR5 and HHI) & (2020-2025)
 Table 20. Global Key Players of Niobium Products, Headquarters and Area Served
 Table 21. Global Key Players of Niobium Products, Product and Application
 Table 22. Global Key Players of Niobium Products, Date of Enter into This Industry
 Table 23. Mergers & Acquisitions, Expansion Plans
 Table 24. Global Niobium Products Market Size by Type (2020-2025) & (US$ Million)
 Table 25. Global Niobium Products Revenue Market Share by Type (2020-2025)
 Table 26. Global Niobium Products Forecasted Market Size by Type (2026-2031) & (US$ Million)
 Table 27. Global Niobium Products Revenue Market Share by Type (2026-2031)
 Table 28. Global Niobium Products Market Size by Application (2020-2025) & (US$ Million)
 Table 29. Global Niobium Products Revenue Market Share by Application (2020-2025)
 Table 30. Global Niobium Products Forecasted Market Size by Application (2026-2031) & (US$ Million)
 Table 31. Global Niobium Products Revenue Market Share by Application (2026-2031)
 Table 32. North America Niobium Products Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 33. North America Niobium Products Market Size by Country (2020-2025) & (US$ Million)
 Table 34. North America Niobium Products Market Size by Country (2026-2031) & (US$ Million)
 Table 35. Europe Niobium Products Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 36. Europe Niobium Products Market Size by Country (2020-2025) & (US$ Million)
 Table 37. Europe Niobium Products Market Size by Country (2026-2031) & (US$ Million)
 Table 38. Asia-Pacific Niobium Products Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 39. Asia-Pacific Niobium Products Market Size by Region (2020-2025) & (US$ Million)
 Table 40. Asia-Pacific Niobium Products Market Size by Region (2026-2031) & (US$ Million)
 Table 41. Latin America Niobium Products Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 42. Latin America Niobium Products Market Size by Country (2020-2025) & (US$ Million)
 Table 43. Latin America Niobium Products Market Size by Country (2026-2031) & (US$ Million)
 Table 44. Middle East & Africa Niobium Products Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 45. Middle East & Africa Niobium Products Market Size by Country (2020-2025) & (US$ Million)
 Table 46. Middle East & Africa Niobium Products Market Size by Country (2026-2031) & (US$ Million)
 Table 47. CBMM Company Details
 Table 48. CBMM Business Overview
 Table 49. CBMM Niobium Products Product
 Table 50. CBMM Revenue in Niobium Products Business (2020-2025) & (US$ Million)
 Table 51. CBMM Recent Development
 Table 52. CMOC Company Details
 Table 53. CMOC Business Overview
 Table 54. CMOC Niobium Products Product
 Table 55. CMOC Revenue in Niobium Products Business (2020-2025) & (US$ Million)
 Table 56. CMOC Recent Development
 Table 57. Niobec Company Details
 Table 58. Niobec Business Overview
 Table 59. Niobec Niobium Products Product
 Table 60. Niobec Revenue in Niobium Products Business (2020-2025) & (US$ Million)
 Table 61. Niobec Recent Development
 Table 62. Research Programs/Design for This Report
 Table 63. Key Data Information from Secondary Sources
 Table 64. Key Data Information from Primary Sources
 Table 65. Authors List of This Report


List of Figures
 Figure 1. Niobium Products Picture
 Figure 2. Global Niobium Products Market Size Comparison by Type (2020-2031) & (US$ Million)
 Figure 3. Global Niobium Products Market Share by Type: 2024 VS 2031
 Figure 4. Ferroniobium Features
 Figure 5. Niobium Oxide Features
 Figure 6. Niobium Metal Features
 Figure 7. Global Niobium Products Market Size by Application (2020-2031) & (US$ Million)
 Figure 8. Global Niobium Products Market Share by Application: 2024 VS 2031
 Figure 9. Structural Steel Case Studies
 Figure 10. Automotive Steel Case Studies
 Figure 11. Pipeline Steel Case Studies
 Figure 12. Stainless Steel Case Studies
 Figure 13. Other Case Studies
 Figure 14. Niobium Products Report Years Considered
 Figure 15. Global Niobium Products Market Size (US$ Million), Year-over-Year: 2020-2031
 Figure 16. Global Niobium Products Market Size, (US$ Million), 2020 VS 2024 VS 2031
 Figure 17. Global Niobium Products Market Share by Region: 2024 VS 2031
 Figure 18. Global Niobium Products Market Share by Players in 2024
 Figure 19. Global Niobium Products Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
 Figure 20. The Top 10 and 5 Players Market Share by Niobium Products Revenue in 2024
 Figure 21. North America Niobium Products Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 22. North America Niobium Products Market Share by Country (2020-2031)
 Figure 23. United States Niobium Products Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 24. Canada Niobium Products Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 25. Europe Niobium Products Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 26. Europe Niobium Products Market Share by Country (2020-2031)
 Figure 27. Germany Niobium Products Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 28. France Niobium Products Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 29. U.K. Niobium Products Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 30. Italy Niobium Products Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 31. Russia Niobium Products Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 32. Nordic Countries Niobium Products Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 33. Asia-Pacific Niobium Products Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 34. Asia-Pacific Niobium Products Market Share by Region (2020-2031)
 Figure 35. China Niobium Products Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 36. Japan Niobium Products Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 37. South Korea Niobium Products Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 38. Southeast Asia Niobium Products Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 39. India Niobium Products Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 40. Australia Niobium Products Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 41. Latin America Niobium Products Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 42. Latin America Niobium Products Market Share by Country (2020-2031)
 Figure 43. Mexico Niobium Products Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 44. Brazil Niobium Products Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 45. Middle East & Africa Niobium Products Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 46. Middle East & Africa Niobium Products Market Share by Country (2020-2031)
 Figure 47. Turkey Niobium Products Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 48. Saudi Arabia Niobium Products Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 49. UAE Niobium Products Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 50. CBMM Revenue Growth Rate in Niobium Products Business (2020-2025)
 Figure 51. CMOC Revenue Growth Rate in Niobium Products Business (2020-2025)
 Figure 52. Niobec Revenue Growth Rate in Niobium Products Business (2020-2025)
 Figure 53. Bottom-up and Top-down Approaches for This Report
 Figure 54. Data Triangulation
 Figure 55. Key Executives Interviewed
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