Global Tantalum Market to Exceed 6.95 Million Pounds Lbs. by 2012, According to New Report by Global Industry Analysts, Inc.

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Commercialization of new tantalum deposits in recent years has put forth bright prospects for the tantalum industry. The global tantalum market is projected to exceed 6.95 million pounds (lbs.) by the year 2012, registering a CAGR of nearly 3.6%.

Tantalum: A Global Strategic Business Report

Unique properties of tantalum, which are indispensable to a few applications are expected to drive consistent demand for the metal. Increased usage of electronic equipment such as computers, mobile telephones, and video cameras, is expected to boost demand for tantalum capacitors. Consumption of tantalum metal for manufacturing sputtering targets is also projected to go up in the coming years. Furthermore, research activities for developing new applications for tantalum are underway.

Europe is the largest tantalum market in the world and is projected to reach 2.5 million pounds by the year 2010, as stated by Global Industry Analysts, Inc. Asia-Pacific is projected to offer the highest growth opportunity with a CAGR of 6.75% over the period 2001-2010. In North America, tantalum consumption in electronics industry is expected to reach 614.8 thousand pounds by 2010.

Australia accounts for about 60% of global mine production of tantalum, followed by Brazil. The remaining share is occupied by Canada, and African countries such as Ethiopia, Rwanda and Mozambique. Tantalum is also obtained as a major byproduct from tin deposits in Nigeria and Malaysia.

The report titled "Tantalum: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a review of global tantalum market, production scenario, product overview, product introductions/ innovations and recent industry activity. The study analyzes market data and analytics in volume sales for the period 1996-2015 by the following end-use segments - Electronics, Mill Products, Super Alloys, Metal Cutting, and Chemicals. Regions covered in the report include North America, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World.

Major market participants profiled include Angus & Ross, AS Silmet, Avalon Ventures, AVX, Cabot Corporation, Cabot Supermetals, H.C. Starck, Kemet Corporation, Lynas Corporation, Mitsui Mining & Smelting, Rusina Mining, Treibacher Industrie, Nichicon, Ulba Metallurgical Plant

For more details about this research report, please visit http://www.strategyr.com/Tantalum_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press(at)StrategyR.com
Web Site http://www.strategyr.com/

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