Global nickel alloy market expected to reach around USD 16.54 billion by 2025, at a CAGR of 3.9% between 2019 and 2025. Nickel alloys have versatile properties like heat resistance, corrosion resistance, chemical resistance, and electronic resistance.
The report covers a forecast and an analysis for the nickel alloy market on a global and regional level. The study provides historical information from 2016 to 2018 with a forecast from 2019 to 2025 based on both volume (Kilotons) and revenue (USD Billion). The study covers the key drivers and restraints of the nickel alloy market and provides their market impact in the forecast period. Furthermore, the study also includes the opportunities accessible in the nickel alloy market on a global level.
In order to offer a comprehensive read of the nickel alloy market, we have enclosed a detailed value chain analysis. To know the competitive landscape in the market, an analysis of Porter’s Five Forces model for the nickel alloy market has additionally been enclosed. The study includes a market attractiveness analysis, wherein all the segments are benchmarked supported their market size, growth rate, and general attractiveness.
The study also includes the market share of the key participant’s operating in the nickel alloy market across the globe. Additionally, the report covers the strategic development together with acquisitions & mergers, agreements, partnerships, collaborations & joint ventures, and regional growth of the key market players on a regional basis.
The study provides a crucial view of the nickel alloy market by segmenting it based on function, end-user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional classification includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa.
Some key manufacturers operating in the nickel alloy market are ThyssenKrupp, Sandvik Material Technology, Haynes International, Precision Castparts, Allegheny Technologies, Aperam, Carpenter Technology, VDM Metals, Ametek, Rolled Alloys, Kennametal, and Columbia Metals.
This report segments the global nickel alloy market into:
Global Nickel Alloy Market: Function Analysis
Global Nickel Alloy Market: End-User Analysis
Global Nickel Alloy Market: Regional Analysis
List of Figures
1. Global Nickel Alloy Market Segmentation by Function, End-User, and Region
2. Global Nickel Alloy Market, 2016–2025 (Kilotons) (USD Billion)
3. Porter’s Five Forces Analysis
4. Market Attractiveness Analysis by Function
5. Market Attractiveness Analysis by End-User
6. Market Attractiveness Analysis by Region
7. Global Nickel Alloy Market: Company Market Share, 2018
8. Global Nickel Alloy Market Share, by Function, 2018 and 2025
9. Global Nickel Alloy Market Share, by Corrosion Resistant Alloy, 2016–2025 (Kilotons) (USD Billion)
10. Global Nickel Alloy Market Share, by Heat Resistant Alloy,2016–2025 (Kilotons) (USD Billion)
11. Global Nickel Alloy Market Share, by High Performance Alloy, 2016–2025 (Kilotons) (USD Billion)
12. Global Nickel Alloy Market Share, by Electronic Alloy, 2016–2025 (Kilotons) (USD Billion)
13. Global Nickel Alloy Market Share, by End-User, 2018 and 2025
14. Global Nickel Alloy Market for Aerospace & Defense, 2016–2025 (Kilotons) (USD Billion)
15. Global Nickel Alloy Market for Oil & Gas, 2016–2025 (Kilotons) (USD Billion)
16. Global Nickel Alloy Market for Electrical & Electronics, 2016–2025 (Kilotons) (USD Billion)
17. Global Nickel Alloy Market for Energy & Power, 2016–2025 (Kilotons) (USD Billion)
18. Global Nickel Alloy Market for Chemical, 2016–2025 (Kilotons) (USD Billion)
19. Global Nickel Alloy Market for Automotive, 2016–2025 (Kilotons) (USD Billion)
20. Global Nickel Alloy Market for Others, 2016–2025 (Kilotons) (USD Billion)
21. Global Nickel Alloy Market Share, by Region, 2018 and 2025
22. North America Nickel Alloy Market, 2016–2025 (Kilotons) (USD Billion)
23. Europe Nickel Alloy Market, 2016–2025 (Kilotons) (USD Billion)
24. Asia Pacific Nickel Alloy Market, 2016–2025 (Kilotons) (USD Billion)
25. Latin America Nickel Alloy Market, 2016–2025 (Kilotons) (USD Billion)
26. The Middle East and Africa Nickel Alloy Market, 2016–2025 (Kilotons) (USD Billion)
List of Tables
1. Global Nickel Alloy Market Snapshot
2. Drivers of the Nickel Alloy Market: Impact Analysis
3. Restraints of the Nickel Alloy Market: Impact Analysis
4. North America Nickel Alloy Market Volume, by Function, 2016–2025 (Kilotons)
5. North America Nickel Alloy Market Revenue, by Function, 2016–2025 (USD Billion)
6. North America Nickel Alloy Market Volume, by End-User, 2016–2025 (Kilotons)
7. North America Nickel Alloy Market Revenue, by End-User, 2016–2025 (USD Billion)
8. The U.S. Nickel Alloy Market Volume, by Function, 2016–2025 (Kilotons)
9. The U.S. Nickel Alloy Market Revenue, by Function, 2016–2025 (USD Billion)
10. The U.S. Nickel Alloy Market Volume, by End-User, 2016–2025 (Kilotons)
11. The U.S. Nickel Alloy Market Revenue, by End-User, 2016–2025 (USD Billion)
12. Rest of North America Nickel Alloy Market Volume, by Function, 2016–2025 (Kilotons)
13. Rest of North America Nickel Alloy Market Revenue, by Function, 2016–2025 (USD Billion)
14. Rest of North America Nickel Alloy Market Volume, by End-User, 2016–2025 (Kilotons)
15. Rest of North America Nickel Alloy Market Revenue, by End-User, 2016–2025 (USD Billion)
16. Europe Nickel Alloy Market Volume, by Function, 2016–2025 (Kilotons)
17. Europe Nickel Alloy Market Revenue, by Function, 2016–2025 (USD Billion)
18. Europe Nickel Alloy Market Volume, by End-User, 2016–2025 (Kilotons)
19. Europe Nickel Alloy Market Revenue, by End-User, 2016–2025 (USD Billion)
20. UK Nickel Alloy Market Volume, by Function, 2016–2025 (Kilotons)
21. UK Nickel Alloy Market Revenue, by Function, 2016–2025 (USD Billion)
22. UK Nickel Alloy Market Volume, by End-User, 2016–2025 (Kilotons)
23. UK Nickel Alloy Market Revenue, by End-User, 2016–2025 (USD Billion)
24. France Nickel Alloy Market Volume, by Function, 2016–2025 (Kilotons)
25. France Nickel Alloy Market Revenue, by Function, 2016–2025 (USD Billion)
26. France Nickel Alloy Market Volume, by End-User, 2016–2025 (Kilotons)
27. France Nickel Alloy Market Revenue, by End-User, 2016–2025 (USD Billion)
28. Germany Nickel Alloy Market Volume, by Function, 2016–2025 (Kilotons)
29. Germany Nickel Alloy Market Revenue, by Function, 2016–2025 (USD Billion)
30. Germany Nickel Alloy Market Volume, by End-User, 2016–2025 (Kilotons)
31. Germany Nickel Alloy Market Revenue, by End-User, 2016–2025 (Kilotons)
32. Rest of Europe Nickel Alloy Market Volume, by Function, 2016–2025 (Kilotons)
33. Rest of Europe Nickel Alloy Market Revenue, by Function, 2016–2025 (USD Billion)
34. Rest of Europe Nickel Alloy Market Volume, by End-User, 2016–2025 (Kilotons)
35. Rest of Europe Nickel Alloy Market Revenue, by End-User, 2016–2025 (USD Billion)
36. Asia Pacific Nickel Alloy Market Volume, by Function, 2016–2025 (Kilotons)
37. Asia Pacific Nickel Alloy Market Revenue, by Function, 2016–2025 (USD Billion)
38. Asia Pacific Nickel Alloy Market Volume, by End-User, 2016–2025 (Kilotons)
39. Asia Pacific Nickel Alloy Market Revenue, by End-User, 2016–2025 (USD Billion)
40. China Nickel Alloy Market Volume, by Function, 2016–2025 (Kilotons)
41. China Nickel Alloy Market Revenue, by Function, 2016–2025 (USD Billion)
42. China Nickel Alloy Market Volume, by End-User, 2016–2025 (Kilotons) (USD Billion)
43. China Nickel Alloy Market Revenue, by End-User, 2016–2025 (Kilotons) (USD Billion)
44. Japan Nickel Alloy Market Volume, by Function, 2016–2025 (Kilotons)
45. Japan Nickel Alloy Market Revenue, by Function, 2016–2025 (USD Billion)
46. Japan Nickel Alloy Market Volume, by End-User, 2016–2025 (Kilotons)
47. Japan Nickel Alloy Market Revenue, by End-User, 2016–2025 (USD Billion)
48. India Nickel Alloy Market Volume, by Function, 2016–2025 (Kilotons)
49. India Nickel Alloy Market Revenue, by Function, 2016–2025 (USD Billion)
50. India Nickel Alloy Market Volume, by End-User, 2016–2025 (Kilotons)
51. India Nickel Alloy Market Revenue, by End-User, 2016–2025 (USD Billion)
52. Rest of Asia Pacific Nickel Alloy Market Volume, by Function, 2016–2025 (Kilotons)
53. Rest of Asia Pacific Nickel Alloy Market Revenue, by Function, 2016–2025 (USD Billion)
54. Rest of Asia Pacific Nickel Alloy Market Volume, by End-User, 2016–2025 (Kilotons) (USD Billion)
55. Rest of Asia Pacific Nickel Alloy Market Revenue, by End-User, 2016–2025 (Kilotons) (USD Billion)
56. Latin America Nickel Alloy Market Volume, by Function, 2016–2025 (Kilotons)
57. Latin America Nickel Alloy Market Revenue, by Function, 2016–2025 (USD Billion)
58. Latin America Nickel Alloy Market Volume, by End-User, 2016–2025 (Kilotons)
59. Latin America Nickel Alloy Market Revenue, by End-User, 2016–2025 (USD Billion)
60. Brazil Nickel Alloy Market Revenue, by Function, 2016–2025 (Kilotons)
61. Brazil Nickel Alloy Market Revenue, by Function, 2016–2025 (USD Billion)
62. Brazil Nickel Alloy Market Volume, by End-User, 2016–2025 (Kilotons)
63. Brazil Nickel Alloy Market Revenue, by End-User, 2016–2025 (USD Billion)
64. Rest of Latin America Nickel Alloy Market Volume, by Function, 2016–2025 (Kilotons)
65. Rest of Latin America Nickel Alloy Market Revenue, by Function, 2016–2025 (USD Billion)
66. Rest of Latin America Nickel Alloy Market Volume, by End-User, 2016–2025 (Kilotons)
67. Rest of Latin America Nickel Alloy Market Revenue, by End-User, 2016–2025 (USD Billion)
68. The Middle East and Africa Nickel Alloy Market Volume, by Function, 2016–2025 (Kilotons)
69. The Middle East and Africa Nickel Alloy Market Revenue, by Function, 2016–2025 (USD Billion)
70. The Middle East and Africa Nickel Alloy Market Volume, by End-User, 2016–2025 (Kilotons)
71. The Middle East and Africa Nickel Alloy Market Revenue, by End-User, 2016–2025 (USD Billion)
Nickel alloys have versatile properties like heat resistance, corrosion resistance, chemical resistance, and electronic resistance. They are also used in turbines in power generation, aircraft gas turbines, aircraft parts, marine fasteners, etc. Nickel alloy is a flexible material that is used across different industries, such as electronics, energy and power, pulp and paper, oil and gas, defense, and automotive.
Rapid enhancements in various end-user industries, such as aerospace and defense and automotive, are expected to drive the nickel alloy market globally. Nickel alloy is widely used for manufacturing different aircraft components, such as engine turbines, blades, exhausts system, etc. This is another growth driver of the market for nickel alloy. However, the volatility in raw material prices may hamper this market’s growth. Furthermore, the sudden rise in automotive sales, particularly in the emerging economies, is expected to offer additional growth opportunities for the nickel alloy market in the years ahead.
The global market for nickel alloy is fragmented based on function and end-user. By function, the nickel alloy market includes heat resistant, electronic, high performance, and corrosion resistant alloys. The high-performance alloys are estimated to lead the nickel alloy market in the future, owing to the rising demand for nickel alloys, mainly from oil and gas, aerospace and defense, and chemical industries. High-performance alloys are heat-resistant alloys, made from nickel and iron, which perform exceptionally well at extreme temperatures and pressures. Based on end-user, the market is classified into oil and gas, chemical, aerospace and defense, energy and power, automotive, electrical and electronics, and others. There has been a huge demand for nickel alloys for manufacturing aircraft components like blades, exhaust systems, and engine components, which is fuelling the aerospace and defense segment. Increasing civil and military aircraft production is expected to further supplement this segment’s growth in the upcoming years.
The Asia Pacific dominated the nickel alloy market globally in 2018 and is expected to grow at the fastest rate in the future. This can be attributed to the region’s flourishing automotive, aerospace and defense, and energy and power sectors. India, South Korea, China, and Japan are the major contributors in the nickel alloy market. North America, over the forecast timeframe, is anticipated to contribute significantly to this global market. Latin America is expected to witness lucrative market growth over the forecast time period, owing to rapid industrialization in Brazil. The Middle East and Africa is expected to experience decent market growth, owing to its rapidly growing oil and gas sector.
Some key manufacturers operating in the nickel alloy market are ThyssenKrupp, Sandvik Material Technology, Haynes International, Precision Castparts, Allegheny Technologies, Aperam, Carpenter Technology, VDM Metals, Ametek, Rolled Alloys, Kennametal, and Columbia Metals.
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