The global nickel alloys market is estimated to be valued at US$14.24 billion in 2022 and is expected to exhibit a CAGR of 5.1% over the forecast period 2023-2028, as highlighted in a new report published by Coherent Market Insights.
A) Market Overview:
Nickel alloys are a group of metals that exhibit excellent corrosion resistance, high temperature strength, and good mechanical properties. They are widely used in various industries including aerospace, automotive, ... Read more
Nickel alloys are a group of metallic materials composed primarily of nickel, along with various other elements such as chromium, iron, molybdenum, and others. These alloys are known for their exceptional resistance to corrosion, high-temperature stability, and outstanding mechanical properties. Nickel alloys find extensive applications across various industries due to their unique combination of properties.
Market Overview:
The global nickel alloys market is projected to reach a value of US$ 12.14 billion by 2022, with a compound annual growth rate (CAGR) of 3.9% during the forecast period of 2017-2022. Nickel alloys are extensively used in various industries due to their outstanding mechanical properties, temperature resistance, and resistance to corrosion and oxidation. These alloys offer numerous advantages, such as high strength, ductility, and excellent performance ... Read more
Nickel alloys have excellent corrosion resistance and heat resistance properties which make them suitable for a variety of applications in industries such as oil & gas, chemical & petrochemical, marine, and power generation. Nickel alloys are used in manufacturing heat exchangers, valves, piping systems, and reactors in these industries.
The global Nickel Alloys Market is estimated to be valued at Us$ 17.57 Billion in 2024 and is expected to ... Read more
