Nickel Alloy Market growth outlook with industry review and forecast 2019-2025 - PowerPoint PPT Presentation

About This Presentation
Title:

Nickel Alloy Market growth outlook with industry review and forecast 2019-2025

Description:

An outlook Nickel Alloy Market growth is presented in this latest research report that reviews industry growth drivers, trends, regional factors & companies as well as provides forecasts for next few years. – PowerPoint PPT presentation

Number of Views:45
Slides: 8
Provided by: snehaljadhav

less

Transcript and Presenter's Notes

Title: Nickel Alloy Market growth outlook with industry review and forecast 2019-2025


1
Nickel Alloy Market trends research and
projections for 2019 - 2025
2019 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
2
Global Market Scenario of Nickel Alloy Industry
  • Growth in the aerospace defense sector in
    emerging economies shall positively influence the
    nickel alloy market in coming years. For
    instance, the global airline passenger traffic
    was 4.25 revenue passenger kilometers (RPKs)
    billion in 2006 and surpassed 5.89 RPKs billion
    in 2014. In addition, the global RPKs is forecast
    to reach 15.53 billion by 2033, with an annual
    growth of 5 from 2015 to 2033.
  • Nickel Alloy Market size is likely to grow with a
    prominent CAGR during the forecast timespan.
    Significant growth in various end-use industries
    such as aerospace defense, automotive, etc. due
    to surge in personnel income level coupled with
    increasing demand for automobiles will complement
    industry growth.
  • Automobile sales has grown from 66 million in
    2013 to 97 million in 2017 and is projected to
    continue to grow at a same pace during the
    forecast timespan. This will positively influence
    the entire nickel alloy market by 2024.
  • Nickel alloys are used for their outstanding
    corrosion and high temperature resistance
    characteristics. These alloys are used to resist
    extremely corrosive conditions in the chemical,
    energy power and petrochemical industries.
    Exponential size and significant growth in the
    chemical industry shall propel the product demand
    in near future. In power generation industry
    nickel alloys are used to manufacture the
    turbines.

2019 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3
  • Regional Trends-
  • Asia Pacific shall be the fastest growing region
    in nickel alloy market. This can be attributed to
    the substantial growth in regional power energy
    and electrical electronics industries. Emerging
    economies such as China, India, and Indonesia are
    creating high energy demand, and this will
    positively influence the power energy industry
    growth in the region with a highest CAGR
    globally.
  • Moreover, increasing digitization in region is
    boosting the electronics electrical market
    growth, which is attributed to the surge in
    disposable income of the people in the region.
    Europe will be the next promising region in
    global nickel alloy market owing to the presence
    of automobile manufacturing industry.

2019 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4
Market Research Reports Key Analytical Components
Request for table of contents for this report
_at_https//bit.ly/2Yqbf75
20189Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5
  • Competitive Trends
  • There are many multinational giants and medium
    scale manufacturers operating in the nickel alloy
    market. Some major product manufacturers include,
    VDM metals GmBH, Sandvik AB, Aperam S.A.,
    Allegheny Technologies Incorporated, ThyssenKrupp
    AG, CRS Holdings Inc., Haynes International,
    Precision Castparts Corporation, Rolled Alloys,
    Inc., Voestalpine AG and Ametek Inc.
  • The companies operating in the value chain are
    increasing their production capacity to meet
    customer needs and reduce the product cost. For
    instance, Sandvik is investing approximately USD
    25 million in a new plant for the manufacturing
    of titanium and nickel fine metal powders. This
    new production facility will enhance the entire
    product landscape of the company.

2019 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
6
Latest Research Report On Nickel Alloy
Market_at_ https//bit.ly/2K28ghf Request for
table of contents for this report
_at_https//bit.ly/2Yqbf75 Inquire Before Buying
This Report_at_https//bit.ly/2LMrx8l
2019 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
7
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
2019 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
Write a Comment
User Comments (0)
About PowerShow.com