Global Nickel Titanium Alloy Market Growth 2025-2031

The global Nickel Titanium Alloy market size is predicted to grow from US$ 791 million in 2025 to US$ 1316 million in 2031; it is expected to grow at a CAGR of 8.8% from 2025 to 2031.

Ni-Ti alloy (also known as Nitinol) is an alloy with a near-equiatomic composition (i.e., 49%–51%) of nickel and titanium. Ni-Ti belongs to the class of shape memory alloys that can be deformed at a low temperature and are able to recover their original, permanent shape when exposed to a high temperature.

In the global market, the core manufacturers of nickel titanium alloy (ni-ti alloy) include Confluent Medical (NDC) and SAES Getters etc, and the top 2 manufacturers account for about 30% of the market share. The market include North America, Europe and Asia-Pacific, with a share of 45%, 20% and 30%.In terms of product, wire/rod/bar is the largest segment, with a share over 70%. And in terms of application, the largest application is medical applications, followed by aircraft applications.

LP Information, Inc. (LPI) ' newest research report, the “Nickel Titanium Alloy Industry Forecast” looks at past sales and reviews total world Nickel Titanium Alloy sales in 2024, providing a comprehensive analysis by region and market sector of projected Nickel Titanium Alloy sales for 2025 through 2031. With Nickel Titanium Alloy sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Nickel Titanium Alloy industry.

This Insight Report provides a comprehensive analysis of the global Nickel Titanium Alloy 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 Titanium Alloy portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Nickel Titanium Alloy market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Nickel Titanium Alloy 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 Titanium Alloy.

This report presents a comprehensive overview, market shares, and growth opportunities of Nickel Titanium Alloy market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Wire/Rod/Bar
Sheet/Foil/Ribbon/Strip
Tube
Others

Segmentation by Application:
Medical Applications
Aircraft Applications
Automotive
Consumer Goods
Others

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.
Confluent Medical (NDC)
SAES Getters (Memry)
ATI
Johnson Matthey
Fort Wayne Metals
Furukawa Electric
Daido Steel
Nippon Steel & Sumitomo Metal
Metalwerks PMD
G.RAU GmbH & Co. KG
Dynalloy
Grikin
PEIER Tech
Saite Metal
Beijing Smart Tech
Baoji Seabird Metal
GEE

Key Questions Addressed in this Report

What is the 10-year outlook for the global Nickel Titanium Alloy market?

What factors are driving Nickel Titanium Alloy market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Nickel Titanium Alloy market opportunities vary by end market size?

How does Nickel Titanium Alloy break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.