Global Nickel Alloys Market Worth $ 9.85 Billion by 2018

Global Nickel Alloys Market Worth $ 9.85
Billion by 2018
Nickel alloys are alloys with nickel as principal element. Nickel alloys are used extensively
because of their corrosion resistance, high temperature strength and their special
magnetic and thermal expansion properties. Nickel alloys includes high performance alloys
and corrosion resistant alloys on the base of classification, which represent 33% and 28%
of global nickel alloys market.
Aerospace, electronics and chemical are the main application of nickel alloys product and
North American is the largest nickel alloys market on production and consumption.
Global nickel alloys market is projected to reach $ 9.85 Billion by 2018, with a GAGR of
5.6% from 2014, and Asia will have a big dynamic momentum on the market growth. The
major players in the global nickel alloys market are Hitachi, NYK, Sumikin, Mitsubishi,
SMC, Carpenter, VDM etc.
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