Hafnium Market – Global Industry Analysis and Forecast (2023-2029)
Rising product demand from the aerospace industry is expected to drive the hafnium market demand during the forecast period. Hafnium finds its wide range of applications in nuclear reactors as control rods thanks to its ability to absorb multiple neutrons. Excellent mechanical and corrosion resistance characteristics offer by hafnium make it suitable for use in the harsh environment of pressurized water reactors.