Market Overview:
The global nickel-copper market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for nickel-copper alloys from various end-use industries, such as resistors, home appliances, and industrial applications. In terms of type, round wire is expected to lead the global nickel-copper market during the forecast period owing to its high demand from various end-use industries. In terms of region, Asia Pacific is projected to be the fastest growing region in terms of CAGR during the forecast period followed by Europe and North America respectively.
Product Definition:
A nickel-copper alloy is a type of metal alloy that is composed of nickel and copper. These alloys are generally strong and durable, making them ideal for use in applications where strength and resistance to corrosion are important factors. Nickel-copper alloys are often used in the manufacturing of coins, nails, screws, bolts, and other types of hardware.
Round Wire:
Round wire is a type of electrical conductor with a circular cross-section. It is usually made from copper and has very high electrical conductivity. The round wire has several applications in the electric industry such as power transmission, distribution & transformation, power electronics, and others.
The global nickel-copper market size was valued at USD 15 billion in 2016 which includes both primary (nickel).
Flat Wire:
Flat wire is a term used to define an alloy of nickel and copper wherein the ratio of nickel to copper is greater than 2:1. The most common form of flat wire consists of 90% Nickel and 10% Copper. It has high electrical resistance, which makes it suitable for applications such as electric batteries, light bulbs, electronic switches etc.
Application Insights:
The home appliances application segment led the market and accounted for more than 35.0% share of the global volume in 2017. The segment growth is attributed to increasing demand for nickel-copper alloys from major manufacturers of home appliances, such as vacuum cleaners, cookware, refrigerators and washing machines. These products are used in construction of residential buildings as well as hotels due to their superior properties including high thermal conductivity and electrical resistivity that make them suitable for use in hot water pipes or under floor heating systems.
The product is also used extensively across a wide range of other end-use industries including consumer electronics, medical equipment & devices manufacturing and automotive components among others owing to its excellent wear resistance property which makes it an ideal material when manufacturing cutting tools or bearings that operate at high temperatures during heavy load conditions.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for electronic products and infrastructure development. China, India, Japan, South Korea and Taiwan are major consumers of Ni-Co copper in Asia Pacific due to high infrastructure spending coupled with growing consumer electronics industry.
North America accounted for a share of more than 10% in 2017 on account of rising demand from key end-use industries such as electric vehicles and renewable energy power generation. In addition, growing emphasis on developing smart cities by governments across U.S., Canada and Mexico is likely to drive product usage over the next eight years.
Europe was one of the largest regional markets accounting for a share of more than 20%in 2017 owing to rising production levels across major economies including Germany, U K.
Growth Factors:
- Increasing demand from the electrical and electronics industry as a result of the growth in population and economic development.
- Growing use of nickel-copper alloys in transportation due to their superior strength, ductility, and corrosion resistance properties.
- Rising investment in infrastructure development projects across the globe, which is expected to drive the demand for nickel-copper alloys used in construction applications.
- Increasing consumption of nickel-copper alloys by manufacturers of medical devices owing to their biocompatibility properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
Nickel-Copper Market Research Report
By Type
Round Wire, Flat Wire, Square Wire, Bars, Shaped Profiles
By Application
Resistors, Home Appliances, Industrial
By Companies
Deutsche Nickel GmbH, Alloy Wire International, VZPS, Sandvik, Tokyo Resistance Wire, Jiangsu Huaxin Alloy, Changshu Electric Heating
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Nickel-Copper Market Report Segments:
The global Nickel-Copper market is segmented on the basis of:
Types
Round Wire, Flat Wire, Square Wire, Bars, Shaped Profiles
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Resistors, Home Appliances, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Deutsche Nickel GmbH
- Alloy Wire International
- VZPS
- Sandvik
- Tokyo Resistance Wire
- Jiangsu Huaxin Alloy
- Changshu Electric Heating
Highlights of The Nickel-Copper Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Round Wire
- Flat Wire
- Square Wire
- Bars
- Shaped Profiles
- By Application:
- Resistors
- Home Appliances
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Nickel-Copper Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Nickel-copper is a material made of nickel and copper. It is often used in electrical wiring, because it has a high resistance to electricity.
Some of the key players operating in the nickel-copper market are Deutsche Nickel GmbH, Alloy Wire International, VZPS, Sandvik, Tokyo Resistance Wire, Jiangsu Huaxin Alloy, Changshu Electric Heating.
The nickel-copper market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Nickel-Copper Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Nickel-Copper Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nickel-Copper Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Nickel-Copper Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Nickel-Copper Market Size & Forecast, 2020-2028
4.5.1 Nickel-Copper Market Size and Y-o-Y Growth
4.5.2 Nickel-Copper Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Round Wire
5.2.2 Flat Wire
5.2.3 Square Wire
5.2.4 Bars
5.2.5 Shaped Profiles
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Resistors
6.2.2 Home Appliances
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nickel-Copper Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Nickel-Copper Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Round Wire
9.6.2 Flat Wire
9.6.3 Square Wire
9.6.4 Bars
9.6.5 Shaped Profiles
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Resistors
9.10.2 Home Appliances
9.10.3 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Round Wire
10.6.2 Flat Wire
10.6.3 Square Wire
10.6.4 Bars
10.6.5 Shaped Profiles
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Resistors
10.10.2 Home Appliances
10.10.3 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Round Wire
11.6.2 Flat Wire
11.6.3 Square Wire
11.6.4 Bars
11.6.5 Shaped Profiles
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Resistors
11.10.2 Home Appliances
11.10.3 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Round Wire
12.6.2 Flat Wire
12.6.3 Square Wire
12.6.4 Bars
12.6.5 Shaped Profiles
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Resistors
12.10.2 Home Appliances
12.10.3 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Round Wire
13.6.2 Flat Wire
13.6.3 Square Wire
13.6.4 Bars
13.6.5 Shaped Profiles
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Resistors
13.10.2 Home Appliances
13.10.3 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Nickel-Copper Market: Competitive Dashboard
14.2 Global Nickel-Copper Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Deutsche Nickel GmbH
14.3.2 Alloy Wire International
14.3.3 VZPS
14.3.4 Sandvik
14.3.5 Tokyo Resistance Wire
14.3.6 Jiangsu Huaxin Alloy
14.3.7 Changshu Electric Heating
