Nickel-chromium-cobalt alloy is a metal alloy that contains nickel, chromium and cobalt. It is used in the aerospace industry, construction industry and other industrial applications. The global nickel-chromium-cobalt alloy market was valued at USD 1.2 billion in 2018 and is projected to reach USD 2.1 billion by 2030, growing at a CAGR of 5.6% from 2019 to 2030.
The global nickel-chromium-cobalt alloy market can be segmented on the basis of type into high elastic alloys and constant elastic alloys; on the basis of application into aerospace industry and construction industry; and on the basis of region into North America, Latin America, Europe, Asia Pacific (APAC) & Middle East & Africa (MEA). High elastic alloys accounted for over 50% share in 2018 owing to their higher strength properties as compared to constant elastic alloys which are more ductile than high elastic alloys but have lower strength properties than them. Constant elastic alloys are used for manufacturing springs due to their ability to withstand repeated bending without breaking or deforming whereas high elastic alloys are used for manufacturing springs with limited bending cycles as they break easily when bent repeatedly or under heavy loads. The aerospace industry accounted for over 60% share in 2018 owing to its extensive use in aircrafts where it provides structural support against fatigue caused by vibrations during flight operations while construction industries accounted for less than 10%.
Some Of The Growth Factors Of This Market:
- Nickel-Chromium-Cobalt Alloy market growth is driven by the increasing demand for nickel in the manufacturing of stainless steel, which is used in a wide range of industries such as automotive, construction and aerospace.
- The increasing demand for nickel in the manufacturing of stainless steel has led to an increase in production and consumption of Nickel-Chromium-Cobalt Alloy.
- The increased use of Nickel-Chromium-Cobalt Alloy has led to an increase in its price, which has also contributed to its market growth.
- The high cost associated with producing Nickel-Chromium-Cobalt Alloy has been a major factor that limits its production and consumption levels globally, thereby limiting its market growth potentials as well.
Industry Growth Insights published a new data on “Nickel-Chromium-Cobalt Alloy Market”. The research report is titled “Nickel-Chromium-Cobalt Alloy Market research by Types (High Elastic Alloy, Constant Elastic Alloy), By Applications (Aerospace Industry, Construction Industry, Others), By Players/Companies Knight Precision Wire, Nanoshel, Nickel Chromium Alloys, Microgroup, VDM Metals, Rolled Alloys, JLC Electromet, Aperam”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Nickel-Chromium-Cobalt Alloy Market Research Report
By Type
High Elastic Alloy, Constant Elastic Alloy
By Application
Aerospace Industry, Construction Industry, Others
By Companies
Knight Precision Wire, Nanoshel, Nickel Chromium Alloys, Microgroup, VDM Metals, Rolled Alloys, JLC Electromet, Aperam
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Nickel-Chromium-Cobalt Alloy Market Report Segments:
The global Nickel-Chromium-Cobalt Alloy market is segmented on the basis of:
Types
High Elastic Alloy, Constant Elastic Alloy
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
Aerospace Industry, Construction Industry, Others
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:
- Knight Precision Wire
- Nanoshel
- Nickel Chromium Alloys
- Microgroup
- VDM Metals
- Rolled Alloys
- JLC Electromet
- Aperam
Highlights of The Nickel-Chromium-Cobalt Alloy 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:
- High Elastic Alloy
- Constant Elastic Alloy
- By Application:
- Aerospace Industry
- Construction Industry
- Others
- 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-Chromium-Cobalt Alloy 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-Chromium-Cobalt Alloy is a type of alloy that is made up of nickel, chromium, and cobalt. This alloy is often used in industrial applications because it has high strength and durability.
Some of the major players in the nickel-chromium-cobalt alloy market are Knight Precision Wire, Nanoshel, Nickel Chromium Alloys, Microgroup, VDM Metals, Rolled Alloys, JLC Electromet, Aperam.
The nickel-chromium-cobalt alloy market is expected to register a CAGR of 5.6%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Nickel-Chromium-Cobalt Alloy 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. Nickel-Chromium-Cobalt Alloy Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Nickel-Chromium-Cobalt Alloy Market - Supply Chain
4.5. Global Nickel-Chromium-Cobalt Alloy Market Forecast
4.5.1. Nickel-Chromium-Cobalt Alloy Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Nickel-Chromium-Cobalt Alloy Market Size (000 Units) and Y-o-Y Growth
4.5.3. Nickel-Chromium-Cobalt Alloy Market Absolute $ Opportunity
5. Global Nickel-Chromium-Cobalt Alloy 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. Nickel-Chromium-Cobalt Alloy Market Size and Volume Forecast by Type
5.3.1. High Elastic Alloy
5.3.2. Constant Elastic Alloy
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Nickel-Chromium-Cobalt Alloy 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. Nickel-Chromium-Cobalt Alloy Market Size and Volume Forecast by Application
6.3.1. Aerospace Industry
6.3.2. Construction Industry
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Nickel-Chromium-Cobalt Alloy 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. Nickel-Chromium-Cobalt Alloy 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 Nickel-Chromium-Cobalt Alloy 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. Nickel-Chromium-Cobalt Alloy 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 Nickel-Chromium-Cobalt Alloy Demand Share Forecast, 2019-2029
9. North America Nickel-Chromium-Cobalt Alloy 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 Nickel-Chromium-Cobalt Alloy 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 Nickel-Chromium-Cobalt Alloy Market Size and Volume Forecast by Application
9.4.1. Aerospace Industry
9.4.2. Construction Industry
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Nickel-Chromium-Cobalt Alloy Market Size and Volume Forecast by Type
9.7.1. High Elastic Alloy
9.7.2. Constant Elastic Alloy
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 Nickel-Chromium-Cobalt Alloy Demand Share Forecast, 2019-2029
10. Latin America Nickel-Chromium-Cobalt Alloy 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 Nickel-Chromium-Cobalt Alloy 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 Nickel-Chromium-Cobalt Alloy Market Size and Volume Forecast by Application
10.4.1. Aerospace Industry
10.4.2. Construction Industry
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Nickel-Chromium-Cobalt Alloy Market Size and Volume Forecast by Type
10.7.1. High Elastic Alloy
10.7.2. Constant Elastic Alloy
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 Nickel-Chromium-Cobalt Alloy Demand Share Forecast, 2019-2029
11. Europe Nickel-Chromium-Cobalt Alloy 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 Nickel-Chromium-Cobalt Alloy 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 Nickel-Chromium-Cobalt Alloy Market Size and Volume Forecast by Application
11.4.1. Aerospace Industry
11.4.2. Construction Industry
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Nickel-Chromium-Cobalt Alloy Market Size and Volume Forecast by Type
11.7.1. High Elastic Alloy
11.7.2. Constant Elastic Alloy
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
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Nickel-Chromium-Cobalt Alloy Demand Share, 2019-2029
12. Asia Pacific Nickel-Chromium-Cobalt Alloy 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 Nickel-Chromium-Cobalt Alloy 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 Nickel-Chromium-Cobalt Alloy Market Size and Volume Forecast by Application
12.4.1. Aerospace Industry
12.4.2. Construction Industry
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Nickel-Chromium-Cobalt Alloy Market Size and Volume Forecast by Type
12.7.1. High Elastic Alloy
12.7.2. Constant Elastic Alloy
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 Nickel-Chromium-Cobalt Alloy Demand Share, 2019-2029
13. Middle East & Africa Nickel-Chromium-Cobalt Alloy 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 Nickel-Chromium-Cobalt Alloy 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 Nickel-Chromium-Cobalt Alloy Market Size and Volume Forecast by Application
13.4.1. Aerospace Industry
13.4.2. Construction Industry
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Nickel-Chromium-Cobalt Alloy Market Size and Volume Forecast by Type
13.7.1. High Elastic Alloy
13.7.2. Constant Elastic Alloy
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 Nickel-Chromium-Cobalt Alloy Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Nickel-Chromium-Cobalt Alloy Market: Market Share Analysis
14.2. Nickel-Chromium-Cobalt Alloy Distributors and Customers
14.3. Nickel-Chromium-Cobalt Alloy Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Knight Precision Wire
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nanoshel
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nickel Chromium Alloys
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Microgroup
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. VDM Metals
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Rolled Alloys
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. JLC Electromet
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Aperam
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
