Global Nickel Titanium Alloy Supply, Demand and Key Producers, 2026-2032

The global Nickel Titanium Alloy market size is expected to reach $ 1643 million by 2032, rising at a market growth of 7.4% CAGR during the forecast period (2026-2032).

Nickel Titanium Alloy 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 2024, global sales of Nickel Titanium Alloy were approximately 4,000 tons, with an average unit price of US$223 per kilogram.

The nickel titanium alloy market is driven by the increasing demand for high-performance, lightweight materials in sectors such as medical devices, aerospace, and automotive. The alloy’s unique shape memory and superelastic behavior make it ideal for minimally invasive devices including stents, guidewires, and orthodontic archwires, thereby fueling growth in the medical segment. At the same time, its adoption in aerospace structural components, actuation systems, and vibration dampers is growing as industries seek materials with light weight, high fatigue life and reliability. Moreover, the expansion of smart wearable devices, MEMS (micro-electromechanical systems), and consumer electronics with built-in actuators and sensors is driving additional demand. Increased investment in R&D, improvements in manufacturing processes, and industrial upgrades in emerging markets are further reinforcing the market growth trajectory for nickel titanium alloys.

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 28% 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.

This report studies the global Nickel Titanium Alloy production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Nickel Titanium Alloy and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Nickel Titanium Alloy that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Nickel Titanium Alloy total production and demand, 2021-2032, (MT)

Global Nickel Titanium Alloy total production value, 2021-2032, (USD Million)

Global Nickel Titanium Alloy production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (MT), (based on production site)

Global Nickel Titanium Alloy consumption by region & country, CAGR, 2021-2032 & (MT)

U.S. VS China: Nickel Titanium Alloy domestic production, consumption, key domestic manufacturers and share

Global Nickel Titanium Alloy production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (MT)

Global Nickel Titanium Alloy production by Type, production, value, CAGR, 2021-2032, (USD Million) & (MT)

Global Nickel Titanium Alloy production by Application, production, value, CAGR, 2021-2032, (USD Million) & (MT)

This report profiles key players in the global Nickel Titanium Alloy market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include 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, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Nickel Titanium Alloy market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (MT) and average price (US$/Kg) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Nickel Titanium Alloy Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Nickel Titanium Alloy Market, Segmentation by Type:
Wire/Rod/Bar
Sheet/Foil/Ribbon/Strip
Tube
Others

Global Nickel Titanium Alloy Market, Segmentation by Microstructural Phase:
Austenitic Nickel-Titanium Alloy
Martensitic Nickel-Titanium Alloy
Stress-Induced Martensitic Nickel-Titanium Alloy

Global Nickel Titanium Alloy Market, Segmentation by Functional Property:
Shape Memory Nickel-Titanium Alloy
Superelastic Nickel-Titanium Alloy
Temperature-Sensitive Nickel-Titanium Alloy

Global Nickel Titanium Alloy Market, Segmentation by Application:
Medical Applications
Aircraft Applications
Automotive
Consumer Goods
Others

Companies Profiled:
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 Answered:

1. How big is the global Nickel Titanium Alloy market?

2. What is the demand of the global Nickel Titanium Alloy market?

3. What is the year over year growth of the global Nickel Titanium Alloy market?

4. What is the production and production value of the global Nickel Titanium Alloy market?

5. Who are the key producers in the global Nickel Titanium Alloy market?

6. What are the growth factors driving the market demand? Show more