Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Ni-based Superalloy Market by Type (Forging, Casting), By Application (Aerospace, Power Generation, General Industry, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Ni-based Superalloy Market by Type (Forging, Casting), By Application (Aerospace, Power Generation, General Industry, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 130860 3300 Chemical & Material 377 238 Pages 4.6 (49)

Market Overview:

The global Ni-based superalloy market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for Ni-based superalloys in the aerospace and power generation industries. In terms of volume, the forging segment is expected to dominate the global Ni-based superalloy market during the forecast period. However, in terms of value, the casting segment is expected to grow at a higher rate than other segments during the forecast period.

Global Ni-based Superalloy Industry Outlook

Product Definition:

A nickel-based superalloy is a type of alloy steel containing nickel and other elements, such as chromium and cobalt, that give it exceptional resistance to heat and corrosion. Nickel-based superalloys are used in the aerospace and power generation industries because of their high strength, toughness, and resistance to extreme temperatures.


Forging is a process of manufacturing metals by heating them above the recrystallization temperature. It is also known as annealing and normally takes place at temperatures below 300°C. In this process, the metal undergoes continuous deformation during its transformation from solid to liquid and then back to solid state. The primary reason for using forging in metallurgy is that it allows cost-effective production of high strength components with low weight as compared to machining or casting processes.


Casting is a manufacturing process used to mold or shape metal parts. It involves the production of metal by heating it above its melting point and forcing it into a form that can be useful for some end-use application. The most common types of casting include lost wax, sand, and iron (alloy) casting.

Application Insights:

The application segment includes aerospace, power generation, general industry and others. The demand for the product in the power generation sector is expected to witness growth at a CAGR of XX% from 2018 to 2030 owing to its superior properties including wear resistance and high strength compared with other materials used for this purpose. In addition, it also has excellent corrosion resistance which makes it an ideal material for use in turbines and generators across various industries such as wind energy or utility companies.

In terms of revenue, the aerospace application was valued at USD 1.5 billion in 2017 owing to its increasing use as a replacement metal on account of its superior characteristics including strength-to-weight ratio along with good machinability and formability when forged or extruded into wire shape. It can be easily machined into complex shapes using conventional machinery tools without having any significant changes in design or manufacturing processes since it shares nearly identical chemical composition with steel alloys (carbon content notwithstanding).

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from end-use industries such as aerospace, automotive, energy & power generation. In addition, rising industrial activities in developing countries such as India and China are anticipated to fuel product demand over the next eight years.

The Asia Pacific was followed by Europe which accounted for a share of more than 20% in 2017 owing to high Ni production levels coupled with stringent environmental regulations aimed at reducing carbon emissions from power generation plants across European countries. Growing investments towards renewable energy sources along with strict government policies regarding greenhouse gas emissions are expected to drive industry growth over the coming years.

North America emerged as one of the prominent consumers due to presence of major companies along with growing aerospace sector mainly within U S A.

Growth Factors:

  • Increasing demand for Ni-based Superalloy in the aerospace and defense industries due to its superior properties such as high strength, corrosion resistance, and thermal stability.
  • Growing demand for Ni-based Superalloy in the power generation sector due to its ability to withstand high temperatures and corrosive environments.
  • Rising popularity of nickel-based superalloys in the oil & gas industry as they are resistant to extreme temperature fluctuations and degradation caused by sulfuric acid present in crude oil.
  • Increasing use of nickel-based superalloys in turbine blades, nozzles, combustors, and other components of jet engines owing to their superior mechanical properties at high temperatures.
  • Technological advancements that have led to development of new grades of nickel-based superalloys with better mechanical properties than traditional alloys, thus widening their application scope across various industries

Scope Of The Report

Report Attributes

Report Details

Report Title

Ni-based Superalloy Market Research Report

By Type

Forging, Casting

By Application

Aerospace, Power Generation, General Industry, Other

By Companies

Aubert & Duva, Precision Castparts Corp, Avic Heavy Machinery, VSMPO-AVISMA, Allegheny Technologies, Advanced Metallurgical Group, SuperAlloy Industrial Company, Special Metals Corporation, Doncasters, Altemp Alloys, VDM Metals, IHI Master Metal, Supreme Steels, Mikron Tool SA, European Springs & Pressings Ltd, Haynes International

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Ni-based Superalloy Market Report Segments:

The global Ni-based Superalloy market is segmented on the basis of:


Forging, Casting

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.


Aerospace, Power Generation, General Industry, 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:

  1. Aubert & Duva
  2. Precision Castparts Corp
  3. Avic Heavy Machinery
  5. Allegheny Technologies
  6. Advanced Metallurgical Group
  7. SuperAlloy Industrial Company
  8. Special Metals Corporation
  9. Doncasters
  10. Altemp Alloys
  11. VDM Metals
  12. IHI Master Metal
  13. Supreme Steels
  14. Mikron Tool SA
  15. European Springs & Pressings Ltd
  16. Haynes International

Global Ni-based Superalloy Market Overview

Highlights of The Ni-based Superalloy Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Forging
    2. Casting
  1. By Application:

    1. Aerospace
    2. Power Generation
    3. General Industry
    4. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Ni-based Superalloy 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.

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Global Ni-based Superalloy Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Ni-based superalloys are alloys of nickel and other elements. They have high strength and low weight, which makes them ideal for use in applications where weight is a concern, such as aircraft and spacecraft.

Some of the key players operating in the ni-based superalloy market are Aubert & Duva, Precision Castparts Corp, Avic Heavy Machinery, VSMPO-AVISMA, Allegheny Technologies, Advanced Metallurgical Group, SuperAlloy‚ Industrial‚ Company, Special Metals Corporation, Doncasters, Altemp Alloys, VDM Metals, IHI Master Metal, Supreme Steels, Mikron Tool SA, European Springs & Pressings Ltd, Haynes International.

The ni-based superalloy market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Ni-based Superalloy Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Ni-based Superalloy Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Ni-based Superalloy Market - Supply Chain
   4.5. Global Ni-based Superalloy Market Forecast
      4.5.1. Ni-based Superalloy Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Ni-based Superalloy Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Ni-based Superalloy Market Absolute $ Opportunity

5. Global Ni-based Superalloy Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Ni-based Superalloy Market Size and Volume Forecast by Type
      5.3.1. Forging
      5.3.2. Casting
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Ni-based Superalloy Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Ni-based Superalloy Market Size and Volume Forecast by Application
      6.3.1. Aerospace
      6.3.2. Power Generation
      6.3.3. General Industry
      6.3.4. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Ni-based Superalloy Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Ni-based Superalloy Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Ni-based Superalloy Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Ni-based Superalloy Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Ni-based Superalloy Demand Share Forecast, 2019-2029

9. North America Ni-based Superalloy Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Ni-based Superalloy Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Ni-based Superalloy Market Size and Volume Forecast by Application
      9.4.1. Aerospace
      9.4.2. Power Generation
      9.4.3. General Industry
      9.4.4. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Ni-based Superalloy Market Size and Volume Forecast by Type
      9.7.1. Forging
      9.7.2. Casting
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Ni-based Superalloy Demand Share Forecast, 2019-2029

10. Latin America Ni-based Superalloy Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Ni-based Superalloy Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Ni-based Superalloy Market Size and Volume Forecast by Application
      10.4.1. Aerospace
      10.4.2. Power Generation
      10.4.3. General Industry
      10.4.4. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Ni-based Superalloy Market Size and Volume Forecast by Type
      10.7.1. Forging
      10.7.2. Casting
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Ni-based Superalloy Demand Share Forecast, 2019-2029

11. Europe Ni-based Superalloy Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Ni-based Superalloy Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Ni-based Superalloy Market Size and Volume Forecast by Application
      11.4.1. Aerospace
      11.4.2. Power Generation
      11.4.3. General Industry
      11.4.4. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Ni-based Superalloy Market Size and Volume Forecast by Type
      11.7.1. Forging
      11.7.2. Casting
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.101. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Ni-based Superalloy Demand Share, 2019-2029

12. Asia Pacific Ni-based Superalloy Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Ni-based Superalloy Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Ni-based Superalloy Market Size and Volume Forecast by Application
      12.4.1. Aerospace
      12.4.2. Power Generation
      12.4.3. General Industry
      12.4.4. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Ni-based Superalloy Market Size and Volume Forecast by Type
      12.7.1. Forging
      12.7.2. Casting
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Ni-based Superalloy Demand Share, 2019-2029

13. Middle East & Africa Ni-based Superalloy Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Ni-based Superalloy Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Ni-based Superalloy Market Size and Volume Forecast by Application
      13.4.1. Aerospace
      13.4.2. Power Generation
      13.4.3. General Industry
      13.4.4. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Ni-based Superalloy Market Size and Volume Forecast by Type
      13.7.1. Forging
      13.7.2. Casting
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Ni-based Superalloy Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Ni-based Superalloy Market: Market Share Analysis
   14.2. Ni-based Superalloy Distributors and Customers
   14.3. Ni-based Superalloy Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Aubert & Duva Overview Financials Developments Strategic Outlook
      14.4.2. Precision Castparts Corp Overview Financials Developments Strategic Outlook
      14.4.3. Avic Heavy Machinery Overview Financials Developments Strategic Outlook
      14.4.4. VSMPO-AVISMA Overview Financials Developments Strategic Outlook
      14.4.5. Allegheny Technologies Overview Financials Developments Strategic Outlook
      14.4.6. Advanced Metallurgical Group Overview Financials Developments Strategic Outlook
      14.4.7. SuperAlloy Industrial Company Overview Financials Developments Strategic Outlook
      14.4.8. Special Metals Corporation Overview Financials Developments Strategic Outlook
      14.4.9. Doncasters Overview Financials Developments Strategic Outlook
      14.4.10. Altemp Alloys Overview Financials Developments Strategic Outlook
      14.4.11. VDM Metals Overview Financials Developments Strategic Outlook
      14.4.12. IHI Master Metal Overview Financials Developments Strategic Outlook
      14.4.13. Supreme Steels Overview Financials Developments Strategic Outlook
      14.4.14. Mikron Tool SA Overview Financials Developments Strategic Outlook
      14.4.15. European Springs & Pressings Ltd Overview Financials Developments Strategic Outlook
      14.4.16. Haynes International Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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