1 aon a study on global superalloys market research www aonresearch com pdf created with fineprint pdffactory trial version http 2 executive summary 3 definition q are high performance alloys developed for elevated temperature service applications where thermal vibratory and shock stresses encountered surface stability oxidation resistance frequently required that exhibit greater heat than the austenitic stainless steel which was in use earlier they based group viiia elements particularly nickel cobalt other alloying used titanium chromium tantalum rhenium niobium molybdenum is reactive characterized by pronounced cyclicality of demand long lead times excess capacity restricted nature customer 4 qattention industry has shifted from development new towards increasing competitiveness already available qmost companies today able to carry out many if not all stages component fabrication