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Global Monel Market Growth 2025-2031

Published Sep 04, 2025
Length 118 Pages
SKU # LPI20365579

Description

The global Monel market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

Monel is a solid-solution binary alloy. As nickel and copper are mutually soluble in all proportions, it is a single-phase alloy. Compared to steel, Monel is very difficult to machine as it work-hardens very quickly. It needs to be turned and worked at slow speeds and low feed rates. It is resistant to corrosion and acids, and some alloys can withstand a fire in pure oxygen.

United States market for Monel is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Monel is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Monel is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Monel players cover ArcelorMittal, Baosteel, JFE Steel Corporation, Special Metals Corporation, Asiadsteels, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Monel Industry Forecast” looks at past sales and reviews total world Monel sales in 2024, providing a comprehensive analysis by region and market sector of projected Monel sales for 2025 through 2031. With Monel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Monel industry.

This Insight Report provides a comprehensive analysis of the global Monel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Monel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Monel market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Monel and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Monel.

This report presents a comprehensive overview, market shares, and growth opportunities of Monel market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Monel 400
Monel 401
Monel 404
Monel 405
Monel 450
Monel K-500
Monel R-405
Monel 502

Segmentation by Application:
Aerospace Applications
Oil Production and Refining
Marine Application
Musical Instrument
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ArcelorMittal
Baosteel
JFE Steel Corporation
Special Metals Corporation
Asiadsteels
Stainless Shapes
Metal Industries
Continental Steel&Tube Company
Magellan Metals
Renine Metalloys
Metallica Metals
Jaydeep Steels
Metal Udyog

Key Questions Addressed in this Report

What is the 10-year outlook for the global Monel market?

What factors are driving Monel market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Monel market opportunities vary by end market size?

How does Monel break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

118 Pages
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Monel by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Monel by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion
How Do Licenses Work?
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