Global Nickel Alloys Market Growth 2024-2030
Nickel based alloys have nickel as the balancing metal. They can be alloyed with iron, chromium and molybdenum and are used in the high end of the corrosion scale, e.g. in the most aggressive parts in flue gas desulfurization units and other demanding applications. Nickel based alloys present high corrosion resistance properties in severe conditions. These grades are mainly used for Oil & Gas, Chemical and Power industries.
The global Nickel Alloys market size is projected to grow from US$ 9882 million in 2024 to US$ 14280 million in 2030; it is expected to grow at a CAGR of 6.3% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Nickel Alloys Industry Forecast” looks at past sales and reviews total world Nickel Alloys sales in 2023, providing a comprehensive analysis by region and market sector of projected Nickel Alloys sales for 2024 through 2030. With Nickel Alloys sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Nickel Alloys industry.
This Insight Report provides a comprehensive analysis of the global Nickel Alloys landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Nickel Alloys portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Nickel Alloys market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Nickel Alloys and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Nickel Alloys.
The Global key players of Nickel Alloys include ThyssenKrupp VDM, Special Metals Corporation, ArcelorMittal, etc. The top three players hold a share over 20%. Asia-Pacific is the largest market, with a share about 35%. In terms of product type, Corrosion Resistant is the largest segment, which occupied for a share of about 74%. For application, Aerospace is the largest segment, which has a share about 40%.
This report presents a comprehensive overview, market shares, and growth opportunities of Nickel Alloys market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Corrosion Resistant
Heat Resistant
High Performance
Others
Segmentation by Application:
Aerospace
Oil & Gas
Chemical
Automotive
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
VDM Metals
Special Metals Corporation
ArcelorMittal
Carpenter Technology
Aperam (Imphy Alloys)
Allegheny (ATI Corporate)
Proterial Metals
Nippon Yakin
Sumitomo
Haynes International
Daido Steel
Alleima
Deutsche Nickel
voestalpine BÖHLER Edelstahl
Mitsubishi
Baowu Steel
Jiangsu Longda Superalloy
Wedge Industrial
Key Questions Addressed in this Report
What is the 10-year outlook for the global Nickel Alloys market?
What factors are driving Nickel Alloys market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Nickel Alloys market opportunities vary by end market size?
How does Nickel Alloys break out by Type, by Application?
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