South America Copper-Nickel Alloys Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type (Rods & Bars, Wires, Tubes, and Others) and Application (Chemical Processing, Marine, Power Generation, Oil & Gas, Automotive & Aerospace, and Others)
The South America copper-nickel alloys market is expected to grow from US$ 147.93 million in 2022 to US$ 190.04 million by 2028. It is estimated to grow at a CAGR of 4.3% from 2022 to 2028.
Surge in the Adoption of Copper-Nickel Alloys in Renewable Energy Projects is Fueling the SAM Copper-Nickel Alloys Market
Governments of various countries are encouraging people to use renewable energy sources to reduce the overall environmental impact. Turbines, paddles, heat exchangers in concentrated solar power (CSP) systems, wind energy turbines, and many components used in renewable energy generation are made of copper-nickel alloys. According to the International Energy Agency (IEA), the use of renewable energy increased by 3% in 2020. The share of power generation through renewable energy sources reached 29% in 2020 from 27% in 2019. Several countries are taking various initiatives to drive investments in the production of clean energy for environment conservation and sustainable economic development. Several government initiatives of different countries are expected to boost the renewable energy sector in the future. The significant rise in renewable energy is projected to fuel the growth of the SAM copper-nickel alloys market in the coming years.
South America Copper-Nickel Alloys Market Overview
The SAM copper-nickel alloys market is segmented into Brazil, Argentina, and the Rest of SAM. According to the International Organization of Motor Vehicle Manufacturers (OICA), the total number of vehicles produced in SAM grew from ~1.7 million in 2020 to 1.9 million in 2021, registering an increase of 11.2%. Copper-nickel alloys are widely used to manufacture vehicle components, such as power steering tubes, drive shafts, exhausts, turbocharger casing, etc. In addition, according to the International Energy Agency, renewable capacity in South America & Central is expected to increase by 34% and reach 96 GW from 2021 to 2026, owing to an increased shift from large-scale hydropower to solar photovoltaic. The increasing population and rising demand for clean energy to reduce the impact of fossil fuels on the environment are primarily driving the popularity of renewable energy sources in SAM. Thus, countries in SAM started taking initiatives to generate clean energy from renewable sources. These initiatives are boosting the SAM copper-nickel alloys market.
South America Copper-Nickel Alloys Market Revenue and Forecast to 2028 (US$ Million)
South America Copper-Nickel Alloys Market Segmentation
The South America copper-nickel alloys market is segmented based on product type, application, and country.
Based on product type, the SAM copper-nickel alloys market is segmented into rods & bars, wires, tubes, and others. The rods & bars segment held the largest market share in 2022.
Based on application, the SAM copper-nickel alloys market is segmented into chemical processing, marine, power generation, oil & gas, automotive & aerospace, and others. The marine segment held the largest market share in 2022.
Based on country, the SAM copper-nickel alloys market has been categorized into Brazil, Argentina, and the Rest of SAM. Our regional analysis states that Brazil dominated the market in 2022.
Aesteiron Steels LLP, American Elements Inc, Corrotherm International Ltd, Kalikund Steel and Engg Co, Lebronze Alloys SAS, and Materion Corp are the leading companies operating in the SAM copper-nickel alloys market.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM copper-nickel alloys market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the SAM copper-nickel alloys market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the copper-nickel alloys market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
- 1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 1.3.1 SAM Copper-Nickel Alloys Market, by Product Type
- 1.3.2 SAM Copper-Nickel Alloys Market, by Application
- 1.3.3 SAM Copper-Nickel Alloys Market, by Country
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Scope of the Study
- 3.2 Research Methodology
- 3.2.1 Data Collection:
- 3.2.2 Primary Interviews:
- 3.2.3 Hypothesis formulation:
- 3.2.4 Macro-economic factor analysis:
- 3.2.5 Developing base number:
- 3.2.6 Data Triangulation:
- 3.2.7 Country level data:
- 4. SAM Copper-Nickel Alloys Market Landscape
- 4.1 Market Overview
- 4.2 Porter’s Five Forces Analysis
- 4.2.1 Threat of New Entrants
- 4.2.2 Bargaining Power of Suppliers
- 4.2.3 Bargaining Power of Buyers
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinion
- 5. SAM Copper-Nickel Alloys Market – Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Widespread Applications of Copper-Nickel Alloys
- 5.1.2 Extensive Usage of Copper-Nickel Alloys in Marine Industry
- 5.2 Market Restraints
- 5.2.1 High Cost of Copper-Nickel Alloys
- 5.3 Market Opportunities
- 5.3.1 Presence of Large Desalination Plants
- 5.4 Future Trends
- 5.4.1 Surge in the Adoption of Copper-Nickel Alloys in Renewable Energy Projects
- 5.5 Impact Analysis
- 6. Copper-Nickel Alloys Market – SAM Analysis
- 6.1 SAM Copper-Nickel Alloys Market –Volume and Forecast to 2028 (Kilo Tons)
- 6.2 SAM Copper-Nickel Alloys Market –Revenue and Forecast to 2028 (US$ Million)
- 7. SAM Copper-Nickel Alloys Market Analysis – By Product Type
- 7.1 Overview
- 7.2 SAM Copper-Nickel Alloys Market, By Product Type (2021 and 2028)
- 7.3 Rods and Bars
- 7.3.1 Overview
- 7.3.2 Rods and Bars: Copper-Nickel Alloys Market – Volume and Forecast to 2028 (Kilo Tons)
- 7.3.3 Rods and Bars: Copper-Nickel Alloys Market – Revenue and Forecast to 2028 (US$ Million)
- 7.4 Wires
- 7.4.1 Overview
- 7.4.2 Wires: Copper-Nickel Alloys Market – Volume and Forecast to 2028 (Kilo Tons)
- 7.4.3 Wires: Copper-Nickel Alloys Market – Revenue and Forecast to 2028 (US$ Million)
- 7.5 Tubes
- 7.5.1 Overview
- 7.5.2 Tubes: Copper-Nickel Alloys Market – Volume and Forecast to 2028 (Kilo Tons)
- 7.5.3 Tubes: Copper-Nickel Alloys Market – Revenue and Forecast to 2028 (US$ Million)
- 7.6 Others
- 7.6.1 Overview
- 7.6.2 Others: Copper-Nickel Alloys Market – Volume and Forecast to 2028 (Kilo Tons)
- 7.6.3 Others: Copper-Nickel Alloys Market – Revenue and Forecast to 2028 (US$ Million)
- 8. SAM Copper-Nickel Alloys Market Analysis – By Application
- 8.1 Overview
- 8.2 SAM Copper-Nickel Alloys Market, By Application (2021 and 2028)
- 8.3 Chemical Processing
- 8.3.1 Overview
- 8.3.2 Chemical Processing: Copper-Nickel Alloys Market – Revenue and Forecast to 2028 (US$ Million)
- 8.4 Marine
- 8.4.1 Overview
- 8.4.2 Marine: Copper-Nickel Alloys Market – Revenue and Forecast to 2028 (US$ Million)
- 8.5 Power Generation
- 8.5.1 Overview
- 8.5.2 Power Generation: Copper-Nickel Alloys Market – Revenue and Forecast to 2028 (US$ Million)
- 8.6 Oil and Gas
- 8.6.1 Overview
- 8.6.2 Oil and Gas: Copper-Nickel Alloys Market – Revenue and Forecast to 2028 (US$ Million)
- 8.7 Automotive and Aerospace
- 8.7.1 Overview
- 8.7.2 Automotive and Aerospace: Copper-Nickel Alloys Market – Revenue and Forecast to 2028 (US$ Million)
- 8.8 Others
- 8.8.1 Overview
- 8.8.2 Others: Copper-Nickel Alloys Market – Revenue and Forecast to 2028 (US$ Million)
- 9. SAM Copper-Nickel Alloys Market – Country Analysis
- 9.1 Overview
- 9.1.1 SAM: Copper-Nickel Alloys Market, by Key Country
- 9.1.1.1 Brazil: Copper-Nickel Alloys Market –Volume and Forecast to 2028 (Kilo Tons)
- 9.1.1.2 Brazil: Copper-Nickel Alloys Market –Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.2.1 Brazil: Copper-Nickel Alloys Market, by Product Type
- 9.1.1.2.2 Brazil: Copper-Nickel Alloys Market, by Product Type
- 9.1.1.2.3 Brazil: Copper-Nickel Alloys Market, by Application
- 9.1.1.3 Argentina: Copper-Nickel Alloys Market –Volume and Forecast to 2028 (Kilo Tons)
- 9.1.1.4 Argentina: Copper-Nickel Alloys Market –Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.4.1 Argentina: Copper-Nickel Alloys Market, by Product Type
- 9.1.1.4.2 Argentina: Copper-Nickel Alloys Market, by Product Type
- 9.1.1.4.3 Argentina: Copper-Nickel Alloys Market, by Application
- 9.1.1.5 Rest of SAM: Copper-Nickel Alloys Market –Volume and Forecast to 2028 (Kilo Tons)
- 9.1.1.6 Rest of SAM: Copper-Nickel Alloys Market –Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.6.1 Rest of SAM: Copper-Nickel Alloys Market, by Product Type
- 9.1.1.6.2 Rest of SAM: Copper-Nickel Alloys Market, by Product Type
- 9.1.1.6.3 Rest of SAM: Copper-Nickel Alloys Market, by Application
- 10. Company Profiles
- 10.1 Corrotherm International Ltd
- 10.1.1 Key Facts
- 10.1.2 Business Description
- 10.1.3 Products and Services
- 10.1.4 Financial Overview
- 10.1.5 SWOT Analysis
- 10.1.6 Key Developments
- 10.2 Lebronze Alloys SAS
- 10.2.1 Key Facts
- 10.2.2 Business Description
- 10.2.3 Products and Services
- 10.2.4 Financial Overview
- 10.2.5 SWOT Analysis
- 10.2.6 Key Developments
- 10.3 Materion Corp
- 10.3.1 Key Facts
- 10.3.2 Business Description
- 10.3.3 Products and Services
- 10.3.4 Financial Overview
- 10.3.5 SWOT Analysis
- 10.3.6 Key Developments
- 10.4 Aesteiron Steels LLP
- 10.4.1 Key Facts
- 10.4.2 Business Description
- 10.4.3 Products and Services
- 10.4.4 Financial Overview
- 10.4.5 SWOT Analysis
- 10.4.6 Key Developments
- 10.5 American Elements Inc
- 10.5.1 Key Facts
- 10.5.2 Business Description
- 10.5.3 Products and Services
- 10.5.4 Financial Overview
- 10.5.5 SWOT Analysis
- 10.5.6 Key Developments
- 10.6 Kalikund Steel and Engg Co
- 10.6.1 Key Facts
- 10.6.2 Business Description
- 10.6.3 Products and Services
- 10.6.4 Financial Overview
- 10.6.5 SWOT Analysis
- 10.6.6 Key Developments
- 11. Appendix
- 11.1 About The Insight Partners
- 11.2 Glossary of Terms
- LIST OF TABLES
- Table 1. SAM Copper-Nickel Alloys Market –Volume and Forecast to 2028 (Kilo Tons)
- Table 2. SAM Copper-Nickel Alloys Market –Revenue and Forecast to 2028 (US$ Million)
- Table 3. Brazil Copper-Nickel Alloys Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
- Table 4. Brazil Copper-Nickel Alloys Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
- Table 5. Brazil Copper-Nickel Alloys Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 6. Argentina Copper-Nickel Alloys Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
- Table 7. Argentina Copper-Nickel Alloys Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
- Table 8. Argentina Copper-Nickel Alloys Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 9. Rest of SAM Copper-Nickel Alloys Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
- Table 10. Rest of SAM Copper-Nickel Alloys Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
- Table 11. Rest of SAM Copper-Nickel Alloys Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 12. Glossary of Terms
- LIST OF FIGURES
- Figure 1. SAM Copper-Nickel Alloys Market Segmentation
- Figure 2. SAM Copper-Nickel Alloys Market Segmentation – By Country
- Figure 3. SAM Copper-Nickel Alloys Market Overview
- Figure 4. SAM Copper-Nickel Alloys Market, By Product Type
- Figure 5. SAM Copper-Nickel Alloys Market, by Country
- Figure 6. Porter’s Five Forces Analysis
- Figure 7. Ecosystem: SAM Copper-Nickel Alloys Market
- Figure 8. Expert Opinion
- Figure 9. SAM Copper-Nickel Alloys Market Impact Analysis of Drivers and Restraints
- Figure 10. SAM Copper-Nickel Alloys Market – Volume and Forecast to 2028 (Kilo Tons)
- Figure 11. SAM Copper-Nickel Alloys Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 12. SAM Copper-Nickel Alloys Market Revenue Share, By Product Type (2021 and 2028)
- Figure 13. Rods and Bars: SAM Copper-Nickel Alloys Market – Volume and Forecast To 2028 (Kilo Tons)
- Figure 14. Rods and Bars: SAM Copper-Nickel Alloys Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 15. Wires: SAM Copper-Nickel Alloys Market – Volume and Forecast To 2028 (Kilo Tons)
- Figure 16. Wires: SAM Copper-Nickel Alloys Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 17. Tubes: SAM Copper-Nickel Alloys Market – Volume and Forecast To 2028 (Kilo Tons)
- Figure 18. Tubes: SAM Copper-Nickel Alloys Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 19. Others: SAM Copper-Nickel Alloys Market – Volume and Forecast To 2028 (Kilo Tons)
- Figure 20. Others: SAM Copper-Nickel Alloys Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 21. SAM Copper-Nickel Alloys Market Revenue Share, By Application (2021 and 2028)
- Figure 22. Chemical Processing: SAM Copper-Nickel Alloys Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 23. Marine: SAM Copper-Nickel Alloys Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 24. Power Generation: SAM Copper-Nickel Alloys Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 25. Oil and Gas: SAM Copper-Nickel Alloys Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 26. Automotive and Aerospace: SAM Copper-Nickel Alloys Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 27. Others: SAM Copper-Nickel Alloys Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 28. SAM: Copper-Nickel Alloys Market, by Key Country – Revenue (2021) (US$ ‘Million)
- Figure 29. SAM: Copper-Nickel Alloys Market Revenue Share, by Key Country (2021 and 2028)
- Figure 30. Brazil: Copper-Nickel Alloys Market –Volume and Forecast to 2028 (Kilo Tons)
- Figure 31. Brazil: Copper-Nickel Alloys Market –Revenue and Forecast to 2028 (US$ Million)
- Figure 32. Argentina: Copper-Nickel Alloys Market –Volume and Forecast to 2028 (Kilo Tons)
- Figure 33. Argentina: Copper-Nickel Alloys Market –Revenue and Forecast to 2028 (US$ Million)
- Figure 34. Rest of SAM: Copper-Nickel Alloys Market –Volume and Forecast to 2028 (Kilo Tons)
- Figure 35. Rest of SAM: Copper-Nickel Alloys Market –Revenue and Forecast to 2028 (US$ Million)
Research Assistance
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook