The global nitinol market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of the market can be attributed to the increasing demand for nitinol in medical applications, aircraft applications, and automotive applications. Nitinol is used in medical devices such as pacemakers and stents due to its ability to withstand high temperatures without losing its shape or properties. It is also used in aircrafts due to its high strength and durability at high temperatures. Nitinol is also used in automotive applications such as fuel injectors because it has a low melting point which makes it easy for injection molding processes.
The global nitinol market by type includes way memory effect (WME), full memory effect (FME), and other types of nitinols (NIT). WME accounts for the largest share of the global nitinol market with an estimated value of USD 1,890 million by 2030 end-user application segmentation includes medical application segment with an estimated value of USD 1,890 million by 2030 end-user application segmentation includes aircraft application segment with an estimated value of USD 710 million by 2030 end-user application segmentation includes automotive application segment with an estimated value of USD 830 million by 2030 end-user application segmentation includes home appliance segments with an estimated value of USD 130 million by 2030.
Some Of The Growth Factors Of This Market:
- Nitinol is a shape memory alloy that has the ability to return to its original shape after being deformed.
- Nitinol is used in medical devices such as stents, catheters, and pacemakers because it can be easily bent and then return to its original shape without any damage or loss of function.
- Nitinol is also used in orthopedic implants such as screws, plates, and rods because it can be easily bent into the desired position and then return to its original shape without any damage or loss of function.
- The use of nitinol in medical devices has increased due to the development of new technologies that allow for more precise placement of nitinol devices.
- The use of nitinol in orthopedic implants has increased due to the development of new technologies that allow for more precise placement of nitinols devices.
Industry Growth Insights published a new data on “Nitinol Market”. The research report is titled “Nitinol Market research by Types (1-Way Memory Effect, 2-Way Memory Effect, Full Memory Effect), By Applications (Medical Applications, Aircraft Applications, Automotive, Home Appliance), By Players/Companies Nitinol Devices & Components, SAES Getters, Johnson Matthey, ATI, Fort Wayne Metals, Metalwerks PMD, Ultimate NiTi Technologies”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Nitinol Market Research Report
By Type
1-Way Memory Effect, 2-Way Memory Effect, Full Memory Effect
By Application
Medical Applications, Aircraft Applications, Automotive, Home Appliance
By Companies
Nitinol Devices & Components, SAES Getters, Johnson Matthey, ATI, Fort Wayne Metals, Metalwerks PMD, Ultimate NiTi Technologies
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Nitinol Market Report Segments:
The global Nitinol market is segmented on the basis of:
Types
1-Way Memory Effect, 2-Way Memory Effect, Full Memory Effect
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 Applications, Aircraft Applications, Automotive, Home Appliance
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:
- Nitinol Devices & Components
- SAES Getters
- Johnson Matthey
- ATI
- Fort Wayne Metals
- Metalwerks PMD
- Ultimate NiTi Technologies
Highlights of The Nitinol 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:
- 1-Way Memory Effect
- 2-Way Memory Effect
- Full Memory Effect
- By Application:
- Medical Applications
- Aircraft Applications
- Automotive
- Home Appliance
- 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 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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- 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?
Nitinol is a metal alloy that has been used in industrial and military applications for many years. It is often used to make strong, lightweight materials that are resistant to corrosion. Nitinol is also known for its ability to resist wear and tear, making it a popular choice for components in high-impact sports equipment.
Some of the major players in the nitinol market are Nitinol Devices & Components, SAES Getters, Johnson Matthey, ATI, Fort Wayne Metals, Metalwerks PMD, Ultimate NiTi Technologies.
The nitinol market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Nitinol 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. Nitinol Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Nitinol Market - Supply Chain
4.5. Global Nitinol Market Forecast
4.5.1. Nitinol Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Nitinol Market Size (000 Units) and Y-o-Y Growth
4.5.3. Nitinol Market Absolute $ Opportunity
5. Global Nitinol 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. Nitinol Market Size and Volume Forecast by Type
5.3.1. 1-Way Memory Effect
5.3.2. 2-Way Memory Effect
5.3.3. Full Memory Effect
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Nitinol 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. Nitinol Market Size and Volume Forecast by Application
6.3.1. Medical Applications
6.3.2. Aircraft Applications
6.3.3. Automotive
6.3.4. Home Appliance
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Nitinol 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. Nitinol 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 Nitinol 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. Nitinol 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 Nitinol Demand Share Forecast, 2019-2026
9. North America Nitinol 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 Nitinol 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 Nitinol Market Size and Volume Forecast by Application
9.4.1. Medical Applications
9.4.2. Aircraft Applications
9.4.3. Automotive
9.4.4. Home Appliance
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Nitinol Market Size and Volume Forecast by Type
9.7.1. 1-Way Memory Effect
9.7.2. 2-Way Memory Effect
9.7.3. Full Memory Effect
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 Nitinol Demand Share Forecast, 2019-2026
10. Latin America Nitinol 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 Nitinol 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 Nitinol Market Size and Volume Forecast by Application
10.4.1. Medical Applications
10.4.2. Aircraft Applications
10.4.3. Automotive
10.4.4. Home Appliance
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Nitinol Market Size and Volume Forecast by Type
10.7.1. 1-Way Memory Effect
10.7.2. 2-Way Memory Effect
10.7.3. Full Memory Effect
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 Nitinol Demand Share Forecast, 2019-2026
11. Europe Nitinol 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 Nitinol 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 Nitinol Market Size and Volume Forecast by Application
11.4.1. Medical Applications
11.4.2. Aircraft Applications
11.4.3. Automotive
11.4.4. Home Appliance
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Nitinol Market Size and Volume Forecast by Type
11.7.1. 1-Way Memory Effect
11.7.2. 2-Way Memory Effect
11.7.3. Full Memory Effect
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth otential 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 Nitinol Demand Share, 2019-2026
12. Asia Pacific Nitinol 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 Nitinol 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 Nitinol Market Size and Volume Forecast by Application
12.4.1. Medical Applications
12.4.2. Aircraft Applications
12.4.3. Automotive
12.4.4. Home Appliance
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Nitinol Market Size and Volume Forecast by Type
12.7.1. 1-Way Memory Effect
12.7.2. 2-Way Memory Effect
12.7.3. Full Memory Effect
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 Nitinol Demand Share, 2019-2026
13. Middle East & Africa Nitinol 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 Nitinol 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 Nitinol Market Size and Volume Forecast by Application
13.4.1. Medical Applications
13.4.2. Aircraft Applications
13.4.3. Automotive
13.4.4. Home Appliance
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Nitinol Market Size and Volume Forecast by Type
13.7.1. 1-Way Memory Effect
13.7.2. 2-Way Memory Effect
13.7.3. Full Memory Effect
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 Nitinol Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Nitinol Market: Market Share Analysis
14.2. Nitinol Distributors and Customers
14.3. Nitinol Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Nitinol Devices & Components
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SAES Getters
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Johnson Matthey
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ATI
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fort Wayne 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. Metalwerks PMD
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ultimate NiTi Technologies
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
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
