Nickel Alloys Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Nickel Alloys Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)


The global nickel alloys market is experiencing remarkable growth, driven by the widespread use of nickel alloys in various industries. Nickel alloys are highly resistant to corrosion, metallurgically stable, and flexible, making them ideal for applications in electronic devices, chemical industries, aerospace, and the medical sector. With the increasing number of people traveling by aircraft and advancements in healthcare, the demand for nickel alloys is expected to grow significantly.

Nickel Alloys Find Extensive Applications in the Aerospace and Electronic Industries


Nickel alloys are widely used in the manufacturing of electronic devices such as transformers, inductors, and memory storage devices due to their high magnetic properties and efficiency. The aerospace industry extensively utilizes nickel alloys for manufacturing components of aircraft engines, driven by the growing number of people traveling by air. The exceptional properties of nickel alloys make them crucial for various chemical industries as well, offering superior performance compared to other materials.

Significant Contributions from the Medical Sector in Market Expansion


In the healthcare and medical sector, nickel alloys play a major role in various medical instruments and devices. They are used in stents for angioplasty and orthopedic applications such as joint replacements. Nickel-containing stainless steel, known for its resistance to corrosion, is used in the manufacturing of medical devices where hygiene and sterility are essential. Nickel alloys are also utilized in life-saving technologies in the medical field. Continuous advancements in the healthcare sector are driving the development of enhanced equipment, contributing to the growth of the global nickel alloys market.

Government Initiatives and Renewable Energy Applications Drive Market Maturity


Nickel alloys are essential in emerging renewable energy sources such as concentrated solar power or thermal solar plants. They enable the handling of molten salts, making the systems more efficient. The high-temperature resistance and oxidation resistance of nickel alloys make them suitable for operating in various environments. Governments worldwide are promoting the use of renewable energy to reduce carbon emissions, further driving the demand for nickel alloys. The broad range of applications and strong government support are expected to create new revenue opportunities in the nickel alloys market.

Asia Pacific Leads the Global Market with Advanced Applications


Asia Pacific is anticipated to be the leading region in the global nickel alloys market, driven by its growing manufacturing sector. India and China, the two major economies in the region, are expected to lead the market due to their large population and changing customer preferences, particularly in the automotive industry. The increasing popularity of electric vehicles and the soaring demand for nickel alloys in product manufacturing contribute to the region's lucrative market growth.

Prominent Market Players
Key players in the nickel alloys market include DM Metals, ThyssenKrupp AG, Precision Castparts Corporation, Carpenter Technology Corporation, Haynes International Inc., Allegheny Technologies Incorporated, Sandvik Materials Technology AB, Voestalpine AG, Aperam S.A., and Rolled Alloys Inc.Please note: the PDF e-mail from publisher version of this report is for a global site license.


1. Executive Summary
1.1. Global Nickel Alloys Market Snapshot
1.2. Key Market Trends
1.3. Future Projections
1.4. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.1.1. Driver A
2.2.1.2. Driver B
2.2.1.3. Driver C
2.2.2. Restraints
2.2.2.1. Restraint 1
2.2.2.2. Restraint 2
2.2.3. Market Opportunities Matrix
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. Covid-19 Impact Analysis
2.5.1. Pre-covid and Post-covid Scenario
2.5.2. Supply Impact
2.5.3. Demand Impact
2.6. Government Regulations
2.7. Technology Landscape
2.8. Global Nickel Market – Overview
2.9. Impact of EVs on the Nickel Alloys Supply Scenario
2.10. Economic Analysis
2.11. PESTLE
3. Production Output and Trade Statistics, 2018 - 2022
3.1. Supply-Demand Analysis
3.2. Regional Production Statistics
3.2.1. North America
3.2.2. Europe
3.2.3. Asia Pacific
3.2.4. Latin America
3.2.5. Middle East & Africa
3.3. Trade Statistics
4. Price Trends Analysis and Future Projects, 2018 - 2030
4.1. Key Highlights
4.2. Prominent Factors Affecting Prices
4.3. By Composition & By End-user
4.4. By Region
5. Global Nickel Alloys Market Outlook, 2018 - 2030
5.1. Global Nickel Alloys Market Outlook, by Composition, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
5.1.1. Key Highlights
5.1.1.1. Ni-Cu
5.1.1.2. Ni-Cr-Fe
5.1.1.3. Ni-Cr-Mo
5.1.1.4. Ni-Mo
5.1.1.5. Misc. (Ni-Si, etc,)
5.1.2. BPS Analysis/Market Attractiveness Analysis
5.2. Global Nickel Alloys Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
5.2.1. Key Highlights
5.2.1.1. Aerospace & Defense
5.2.1.2. Chemical
5.2.1.3. Automotive
5.2.1.4. Oil & Gas
5.2.1.5. Power Generation
5.2.1.6. Electrical & Electronics
5.2.1.7. Misc.
5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Global Nickel Alloys Market Outlook, by Region, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
5.3.1. Key Highlights
5.3.1.1. North America
5.3.1.2. Europe
5.3.1.3. Asia Pacific
5.3.1.4. Latin America
5.3.1.5. Middle East & Africa
5.3.2. BPS Analysis/Market Attractiveness Analysis
6. North America Nickel Alloys Market Outlook, 2018 - 2030
6.1. North America Nickel Alloys Market Outlook, by Composition, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
6.1.1. Key Highlights
6.1.1.1. Ni-Cu
6.1.1.2. Ni-Cr-Fe
6.1.1.3. Ni-Cr-Mo
6.1.1.4. Ni-Mo
6.1.1.5. Misc. (Ni-Si, etc,)
6.2. North America Nickel Alloys Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
6.2.1. Key Highlights
6.2.1.1. Aerospace & Defense
6.2.1.2. Chemical
6.2.1.3. Automotive
6.2.1.4. Oil & Gas
6.2.1.5. Power Generation
6.2.1.6. Electrical & Electronics
6.2.1.7. Misc.
6.3. North America Nickel Alloys Market Outlook, by Country, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
6.3.1. Key Highlights
6.3.1.1. U.S.
6.3.1.2. Canada
6.3.2. BPS Analysis/Market Attractiveness Analysis
7. Europe Nickel Alloys Market Outlook, 2018 - 2030
7.1. Europe Nickel Alloys Market Outlook, by Composition, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
7.1.1. Key Highlights
7.1.1.1. Ni-Cu
7.1.1.2. Ni-Cr-Fe
7.1.1.3. Ni-Cr-Mo
7.1.1.4. Ni-Mo
7.1.1.5. Misc. (Ni-Si, etc,)
7.1.2. BPS Analysis/Market Attractiveness Analysis
7.2. Europe Nickel Alloys Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
7.2.1. Key Highlights
7.2.1.1. Aerospace & Defense
7.2.1.2. Chemical
7.2.1.3. Automotive
7.2.1.4. Oil & Gas
7.2.1.5. Power Generation
7.2.1.6. Electrical & Electronics
7.2.1.7. Misc.
7.3. Europe Nickel Alloys Market Outlook, by Country, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
7.3.1. Key Highlights
7.3.1.1. Germany
7.3.1.2. France
7.3.1.3. U.K.
7.3.1.4. Italy
7.3.1.5. Spain
7.3.1.6. Turkey
7.3.1.7. Russia
7.3.1.8. Rest of Europe
7.3.2. BPS Analysis/Market Attractiveness Analysis
8. Asia Pacific Nickel Alloys Market Outlook, 2018 - 2030
8.1. Asia Pacific Nickel Alloys Market Outlook, by Composition, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
8.1.1. Key Highlights
8.1.1.1. Ni-Cu
8.1.1.2. Ni-Cr-Fe
8.1.1.3. Ni-Cr-Mo
8.1.1.4. Ni-Mo
8.1.1.5. Misc. (Ni-Si, etc,)
8.2. Asia Pacific Nickel Alloys Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
8.2.1. Key Highlights
8.2.1.1. Aerospace & Defense
8.2.1.2. Chemical
8.2.1.3. Automotive
8.2.1.4. Oil & Gas
8.2.1.5. Power Generation
8.2.1.6. Electrical & Electronics
8.2.1.7. Misc.
8.3. Asia Pacific Nickel Alloys Market Outlook, by Country, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
8.3.1. Key Highlights
8.3.1.1. China
8.3.1.2. Japan
8.3.1.3. South Korea
8.3.1.4. India
8.3.1.5. Southeast Asia
8.3.1.6. Rest of Asia Pacific
8.3.2. BPS Analysis/Market Attractiveness Analysis
9. Latin America Nickel Alloys Market Outlook, 2018 - 2030
9.1. Latin America Nickel Alloys Market Outlook, by Composition, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
9.1.1. Key Highlights
9.1.1.1. Ni-Cu
9.1.1.2. Ni-Cr-Fe
9.1.1.3. Ni-Cr-Mo
9.1.1.4. Ni-Mo
9.1.1.5. Misc. (Ni-Si, etc,)
9.2. Latin America Nickel Alloys Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
9.2.1. Key Highlights
9.2.1.1. Aerospace & Defense
9.2.1.2. Chemical
9.2.1.3. Automotive
9.2.1.4. Oil & Gas
9.2.1.5. Power Generation
9.2.1.6. Electrical & Electronics
9.2.1.7. Misc.
9.3. Latin America Nickel Alloys Market Outlook, by Country, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
9.3.1. Key Highlights
9.3.1.1. Brazil
9.3.1.2. Mexico
9.3.1.3. Rest of Latin America
9.3.2. BPS Analysis/Market Attractiveness Analysis
10. Middle East & Africa Nickel Alloys Market Outlook, 2018 - 2030
10.1. Middle East & Africa Nickel Alloys Market Outlook, by Composition, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
10.1.1. Key Highlights
10.1.1.1. Ni-Cu
10.1.1.2. Ni-Cr-Fe
10.1.1.3. Ni-Cr-Mo
10.1.1.4. Ni-Mo
10.1.1.5. Misc. (Ni-Si, etc,)
10.2. Middle East & Africa Nickel Alloys Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
10.2.1. Key Highlights
10.2.1.1. Aerospace & Defense
10.2.1.2. Chemical
10.2.1.3. Automotive
10.2.1.4. Oil & Gas
10.2.1.5. Power Generation
10.2.1.6. Electrical & Electronics
10.2.1.7. Misc.
10.3. Middle East & Africa Nickel Alloys Market Outlook, by Country, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
10.3.1. Key Highlights
10.3.1.1. GCC
10.3.1.2. South Africa
10.3.1.3. Nigeria
10.3.1.4. Rest of Middle East & Africa
10.3.2. BPS Analysis/Market Attractiveness Analysis
11. Competitive Landscape
11.1. Company Market Share Analysis, 2021
11.2. Competitive Dashboard
11.3. Product vs Application Heatmap
11.4. Company Profiles
11.4.1. Acerinox, S.A.
11.4.1.1. Company Overview
11.4.1.2. Product Portfolio
11.4.1.3. Financial Overview
11.4.1.4. Business Strategies and Development
11.4.2. Aperam S.A.
11.4.3. ATI Specialty Materials
11.4.4. Alleima AB
11.4.5. Carpenter Technology
11.4.6. Special Metals Corporation
11.4.7. Haynes International
11.4.8. Nippon Steel Corporation
11.4.9. thyssenkrupp Materials NA
11.4.10. Voestalpine AG
11.4.11. Beall Industry Group
11.4.12. Shanghai HY Industry Co., Ltd
12. Appendix
12.1. Research Methodology
12.2. Report Assumptions
12.3. Acronyms and Abbreviations

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