MEA Nickel Alloy Market - Industry Trends and Forecast to 2030
The Middle East and Africa nickel alloy market is expected to reach USD 535,536.57 thousand by 2030, from USD 397,780.03 thousand in 2022, growing at a CAGR of 4.01% in the forecast period of 2023 to 2030.
Market SegmentationMiddle East and Africa Nickel Alloy Market, Product (Nickel-Chromium-Iron Alloys, Nickel-Chromium Alloys, Nickel-Chromium-Molybdenum Alloys, Wrought Nickel, Nickel-Chromium-Cobalt Alloys, Nickel-Copper Alloys, Nickel-Iron Alloys, Nickel-Molybdenum Alloys, and Nickel-Titanium Alloys), Form (Bars, Rods, Tubing, Plate, Sheets, Wire, Billets, Pipe, Ingots, Strips, Flanges, Balls, Angles, Pipe Fittings, Channels, Coils, and Forgings), Function (High Performance and Electronics Grade, Heat Resistant, and Corrosion Resistant), Application (Energy and Power, Aerospace and Defense, Chemical, Oil & Gas, Electrical and Electronics, Automotive, Others), Country (Israel, South Africa, Egypt, U.A.E., Saudi Arabia, Bahrain, Qatar, Kuwait, Oman, and Rest of Middle East and Africa) – Industry Trends and Forecast to 2030
Overview of Middle East and Africa Nickel Alloy Market Dynamics
Driver• Usage of nickel alloys in infrastructure and construction
Restraint• Environmental and sustainability concerns regarding nickel
Opportunity• The increasing demand for nickel alloys in renewable energy
Market PlayersSome of the major market players operating in the Middle East and Africa nickel alloy market are
• AMETEK, Inc.
• Polymet
• Ulbrich Stainless Steels and Special Metals Inc.
• NIPPON STEEL CORPORATION
• Acciaierie Valbruna S.p.a.
• Rolled Alloys Inc.
• JLC Electromet Pvt. Ltd.
• HAYNES INTERNATIONAL
• thyssenkrupp AG
• voestalpine AG
• Alloy Wire International
• Precision Castparts Corp. (a subsidiary of Berkshire Hathaway Inc.)
• Aperam
• ATI
• Sandvik AB
• CRS Holdings, LLC.
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