Market Overview:
The global nitinol sheet market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for nitinol sheet in medical instruments, aerospace and defense industry, automotive industry, and consumer goods applications. Nitinol sheet is also used in other applications such as dental braces, orthodontic wires, and surgical implants. North America is expected to lead the global nitinol sheet market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Nitinol sheet is a unique alloy made up of nickel and titanium. It is important because it can be bent and will return to its original shape. This makes it perfect for use in medical devices, such as stents, which are used to keep blood vessels open.
Thickness Below 1mm:
Thickness below 1mm is used in a wide range of applications such as medical, semiconductor packaging and more. It has the advantage of providing mechanical properties such as stiffness, strength and heat resistance at low cost compared to other materials. The thickness below 1mm segment is expected to grow at a CAGR greater than 5% from 2019 to 2025 owing to its increasing demand across various application segments including medical devices & implants, automotive components and electronics among others.
1-5mm:
1-5mm refers to the range of sizes of nitinol products. Nitinol is a synthetic material, which was first developed by DuPont for use in their nylon 6 production process. It has since found widespread application in industries such as medical and automotive where high temperature resistance is required.
Application Insights:
Aerospace and defense industry was the largest application segment in 2016, accounting for over 30.0% share of the global nitinol sheet market. The product is widely used in aircraft components including jet engine turbines, airframe supports, landing gear doors and panels as well as military vehicles and equipment such as armored personnel carriers, tanks etc. In addition to its use in military aircraft components; it is also utilized in satellite systems & space programs due to its excellent shock resistance properties.
Nitinol sheets are increasingly being utilized for manufacturing medical devices & instruments such as orthopedic implants (knee/hip), stents (coronary artery), artificial ligaments & tendons owing to their high biodegradability property which makes them a suitable substitute for traditional plastics materials used previously by manufacturers of medical devices & instruments.
Regional Analysis:
Asia Pacific was the largest market for global nitinol sheet and accounted for a revenue share of over 35% in 2017. The region is expected to continue its dominance over the forecast period owing to increasing defense budget by China, India, and Japan coupled with growing investments from other countries. In addition, rising demand for consumer goods such as eyeglasses is also expected to drive the regional market growth.
The U.S., being one of the most lucrative markets in North America has been witnessing high demand since past few years on account of various factors such as technological advancements & research activities related to wound healing and cancer treatment using nitinol sheets are driving this growth further.
Growth Factors:
- Increasing demand from medical and dental industry for Nitinol sheet products as they are biocompatible and possess excellent mechanical properties.
- Growing popularity of Nitinol sheet in the field of implantable devices owing to its shape memory effect.
- Rising demand for Nitinol sheet in the aerospace and defense sector due to its high strength-to-weight ratio and corrosion resistance properties.
- Increasing use of Nitinol sheet in consumer electronics products such as smart watches, fitness trackers, etc., due to its superior thermal management capabilities.
Scope Of The Report
Report Attributes
Report Details
Report Title
Nitinol Sheet Market Research Report
By Type
Thickness Below 1mm, 1-5mm, 5-10mm, Above 10mm
By Application
Medical Instruments, Aerospace and Defense Industry, Automotive Industry, Consumer Goods (Eyeglass Frame, Fishing Line, etc), Other
By Companies
SAES Getters, ATI, Nippon Steel, Daido Steel, Metalwerks PMD, Baoji Seabird Metal, Confluent Medical (NDC), Johnson Matthey, SMA Wires India, Xian Saite Metal Materials Development Co.,Ltd, Lanzhou Seemine
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 Nitinol Sheet Market Report Segments:
The global Nitinol Sheet market is segmented on the basis of:
Types
Thickness Below 1mm, 1-5mm, 5-10mm, Above 10mm
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
Medical Instruments, Aerospace and Defense Industry, Automotive Industry, Consumer Goods (Eyeglass Frame, Fishing Line, etc), Other
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:
- SAES Getters
- ATI
- Nippon Steel
- Daido Steel
- Metalwerks PMD
- Baoji Seabird Metal
- Confluent Medical (NDC)
- Johnson Matthey
- SMA Wires India
- Xian Saite Metal Materials Development Co.,Ltd
- Lanzhou Seemine
Highlights of The Nitinol Sheet 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:
- Thickness Below 1mm
- 1-5mm
- 5-10mm
- Above 10mm
- By Application:
- Medical Instruments
- Aerospace and Defense Industry
- Automotive Industry
- Consumer Goods (Eyeglass Frame, Fishing Line, etc)
- Other
- 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 Nitinol Sheet 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
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- Understanding Competition Scenario
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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?
Nitinol sheet is a metal alloy that is made of nickel and titanium. Nitinol sheets are often used in medical devices because they are strong and flexible.
Some of the major players in the nitinol sheet market are SAES Getters, ATI, Nippon Steel, Daido Steel, Metalwerks PMD, Baoji Seabird Metal, Confluent Medical (NDC), Johnson Matthey, SMA Wires India, Xian Saite Metal Materials Development Co.,Ltd, Lanzhou Seemine.
The nitinol sheet market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Nitinol Sheet 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 Nitinol Sheet Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nitinol Sheet 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 Nitinol Sheet 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 Nitinol Sheet Market Size & Forecast, 2018-2028
4.5.1 Nitinol Sheet Market Size and Y-o-Y Growth
4.5.2 Nitinol Sheet Market Absolute $ Opportunity
Chapter 5 Global Nitinol Sheet 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 Nitinol Sheet Market Size Forecast by Type
5.2.1 Thickness Below 1mm
5.2.2 1-5mm
5.2.3 5-10mm
5.2.4 Above 10mm
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Nitinol Sheet 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 Nitinol Sheet Market Size Forecast by Applications
6.2.1 Medical Instruments
6.2.2 Aerospace and Defense Industry
6.2.3 Automotive Industry
6.2.4 Consumer Goods (Eyeglass Frame
6.2.5 Fishing Line
6.2.6 etc)
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nitinol Sheet 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 Nitinol Sheet 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 Nitinol Sheet Analysis and Forecast
9.1 Introduction
9.2 North America Nitinol Sheet 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 Nitinol Sheet Market Size Forecast by Type
9.6.1 Thickness Below 1mm
9.6.2 1-5mm
9.6.3 5-10mm
9.6.4 Above 10mm
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 Nitinol Sheet Market Size Forecast by Applications
9.10.1 Medical Instruments
9.10.2 Aerospace and Defense Industry
9.10.3 Automotive Industry
9.10.4 Consumer Goods (Eyeglass Frame
9.10.5 Fishing Line
9.10.6 etc)
9.10.7 Other
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 Nitinol Sheet Analysis and Forecast
10.1 Introduction
10.2 Europe Nitinol Sheet 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 Nitinol Sheet Market Size Forecast by Type
10.6.1 Thickness Below 1mm
10.6.2 1-5mm
10.6.3 5-10mm
10.6.4 Above 10mm
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 Nitinol Sheet Market Size Forecast by Applications
10.10.1 Medical Instruments
10.10.2 Aerospace and Defense Industry
10.10.3 Automotive Industry
10.10.4 Consumer Goods (Eyeglass Frame
10.10.5 Fishing Line
10.10.6 etc)
10.10.7 Other
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 Nitinol Sheet Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Nitinol Sheet 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 Nitinol Sheet Market Size Forecast by Type
11.6.1 Thickness Below 1mm
11.6.2 1-5mm
11.6.3 5-10mm
11.6.4 Above 10mm
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 Nitinol Sheet Market Size Forecast by Applications
11.10.1 Medical Instruments
11.10.2 Aerospace and Defense Industry
11.10.3 Automotive Industry
11.10.4 Consumer Goods (Eyeglass Frame
11.10.5 Fishing Line
11.10.6 etc)
11.10.7 Other
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 Nitinol Sheet Analysis and Forecast
12.1 Introduction
12.2 Latin America Nitinol Sheet 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 Nitinol Sheet Market Size Forecast by Type
12.6.1 Thickness Below 1mm
12.6.2 1-5mm
12.6.3 5-10mm
12.6.4 Above 10mm
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 Nitinol Sheet Market Size Forecast by Applications
12.10.1 Medical Instruments
12.10.2 Aerospace and Defense Industry
12.10.3 Automotive Industry
12.10.4 Consumer Goods (Eyeglass Frame
12.10.5 Fishing Line
12.10.6 etc)
12.10.7 Other
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) Nitinol Sheet Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Nitinol Sheet 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) Nitinol Sheet Market Size Forecast by Type
13.6.1 Thickness Below 1mm
13.6.2 1-5mm
13.6.3 5-10mm
13.6.4 Above 10mm
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) Nitinol Sheet Market Size Forecast by Applications
13.10.1 Medical Instruments
13.10.2 Aerospace and Defense Industry
13.10.3 Automotive Industry
13.10.4 Consumer Goods (Eyeglass Frame
13.10.5 Fishing Line
13.10.6 etc)
13.10.7 Other
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 Nitinol Sheet Market: Competitive Dashboard
14.2 Global Nitinol Sheet Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SAES Getters
14.3.2 ATI
14.3.3 Nippon Steel
14.3.4 Daido Steel
14.3.5 Metalwerks PMD
14.3.6 Baoji Seabird Metal
14.3.7 Confluent Medical (NDC)
14.3.8 Johnson Matthey
14.3.9 SMA Wires India
14.3.10 Xian Saite Metal Materials Development Co.,Ltd
14.3.11 Lanzhou Seemine
