On Tuesday, April 13, during Tom Dixon Studio's "24 hours in Milan" digital event, the novel and inventive chair was unveiled. The HYDRO Chair is made of recyclable aluminium and is intended to last a long time. It is also multipurpose and, most significantly, easy to recycle. Because it is made entirely of aluminium and has few parts, it will be simple to disassemble when its useful life as a chair comes to an end.
Arconic Corporation has revealed the commercial availability of ARCONIC-THOR, an advanced titanium alloy intended for higher temperature applications in next-generation aircraft engines and related structures. Because the patented ARCONIC-THOR is almost 50% lighter than existing nickel-based superalloys, customers benefit from cost and fuel efficiency benefits, and Arconic is able to meet the expanding demand for cutting-edge aero engine and airframe materials.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 2680
Published Date: Nov 29, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The major factors driving the growth of the market are growing utilization of superplastic alloy in aerospace, rising use of recycled superplastic alloy, and surge in use of automation to produce superplastic alloy.
The market size of superplastic alloys is anticipated to attain a CAGR of 12% over the forecast period, i.e., 2024-2036.
The major players in the market are ATI, Arconic Corporation, CRS Holdings, LLC., Haynes International, Inc. , and others.
The microstructural segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the North America region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.