APAC Nickel Alloy Market - Industry Trends and Forecast to 2030
The Asia-Pacific nickel alloy market is expected to reach USD 8,182,899.90 thousand by 2030, from USD 5,199,189.01 thousand in 2022, growing at a CAGR of 6.05% in the forecast period of 2023 to 2030.
Market SegmentationAsia-Pacific Nickel Alloy Market, Product (Nickel-Chromium-Iron Alloys, Nickel-Chromium Alloys, Nickel-Chromium-Molybdenum Alloys, Wrought Nickel, Nickel-Chromium-Cobalt Alloys, Nickel-Copper Alloys, Nickel-Iron Alloys, Nickel-Molybdenum Alloys, and Nickel-Titanium Alloys), Form (Bars, Rods, Tubing, Plate, Sheets, Wire, Billets, Pipe, Ingots, Strips, Flanges, Balls, Angles, Pipe Fittings, Channels, Coils, and Forgings), Function (High Performance and Electronics Grade, Heat Resistant, and Corrosion Resistant), Application (Energy and Power, Aerospace and Defense, Chemical, Oil & Gas, Electrical and Electronics, Automotive, Others), Country (China, Japan, South Korea, India, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific)– Industry Trends and Forecast to 2030
Overview of Asia-Pacific Nickel Alloy Market Dynamics
Driver• Availability of various types of nickel alloys in the market
Restraint• Volatility in raw material prices
Opportunity• Advancements in additive manufacturing
Market PlayersSome of the major market players operating in the Asia-Pacific nickel alloy market are
• AMETEK, Inc.
• Polymet
• Ulbrich Stainless Steels and Special Metals Inc.
• NIPPON STEEL CORPORATION
• Acciaierie Valbruna S.p.a.
• Rolled Alloys Inc.
• JLC Electromet Pvt. Ltd.
• HAYNES INTERNATIONAL
• thyssenkrupp AG
• voestalpine AG
• Alloy Wire International
• Precision Castparts Corp. (a subsidiary of Berkshire Hathaway Inc.)
• Aperam
• ATI
• Sandvik AB
• CRS Holdings, LLC.
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