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Asia Pacific Nickel Alloys Market
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Asia Pacific Nickel Alloys Market

Home Chemicals And Materials Asia Pacific Nickel Alloys Market

Asia Pacific Nickel Alloys Market, By Product (Nickel-Chromium-Iron Alloys, Nickel-Chromium Alloys, Nickel-Chromium-Molybdenum Alloys, Wrought Nickel, Nickel-Chromium-Cobalt Alloys, Nickel-Copper Alloys, Nickel-Iron Alloys, Others (including Nickel-Molybdenum Alloys, Nickel-Titanium Alloys)); By Form (Bars, Rods, Tubing, Plate, Sheets, Wire, Billets, Pipe, Ingots, Strips, Flanges, Balls, Angles, Others (including Pipe Fittings, Channels, Coils, Forgings)); By Function (High Performance & Electronics Grade, Heat Resistant, Corrosion Resistant); By Application (Automotive, Energy & Power, Oil & Gas, Chemical, Aerospace & Defense, Others (including Electrical & Electronics)); By Country (China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Thailand, Singapore, Vietnam, Rest of APAC), Trend Analysis, Competitive Landscape & Forecast, 2019–2030

  • Published Date: April 2024
  • Report ID: BWC24278
  • Available Format: PDF
  • Page: 200

Report Overview

Rapid industrialization and increasing number of infrastructure development projects, a spurring demand from automotive and aerospace sectors, and adoption of technological advancements in manufacturing processes are driving the Asia Pacific Nickel Alloys Market during the forecast period between 2024 and 2030.

Asia Pacific Nickel Alloys Market – Industry Trends & Forecast Report, 2030

The Asia Pacific Nickel Alloys Market size by value was estimated at USD 3.91 billion in 2023. During the forecast period between 2024 and 2030, the Asia Pacific Nickel Alloys Market size is expected to expand at a CAGR of 5.06% reaching a value of USD 8.63 billion by 2030. In the dynamic landscape of the Asia Pacific Nickel Alloys Market, several factors fuel its growth trajectory. Firstly, the region's burgeoning industrial sector, particularly in automotive, aerospace, and electronics, demands high-performance materials like nickel alloys for enhanced durability and corrosion resistance. Additionally, the growing investments in infrastructure development across emerging economies amplify the demand for nickel alloys in construction applications. Moreover, the increasing focus on sustainable energy solutions drives the adoption of nickel-based materials in renewable energy systems, propelling market expansion further.

Asia Pacific Nickel Alloys Market

By volume, the Asia Pacific Nickel Alloys Market size was estimated at 0.39 million tons in 2023. During the forecast period between 2024 and 2030, the Asia Pacific Nickel Alloys Market size is projected to grow at a CAGR of 5.45% reaching a volume of 0.68 million tons by 2030. Furthermore, technological advancements and innovations in manufacturing processes contribute significantly to the market's growth. Industry players continuously invest in research and development to introduce novel nickel alloy formulations with improved mechanical properties and cost-effectiveness, catering to diverse end-user requirements. Additionally, strategic collaborations and partnerships among key market players enhance product offerings and expand market reach, fostering healthy competition and innovation. Moreover, proactive initiatives by governments to promote domestic manufacturing bolster market growth, encouraging investments in local production capacities and fostering a conducive business environment for industry participants.

Nickel Alloys – Overview

Nickel alloys are metal blends primarily composed of nickel along with other elements like chromium, iron, and molybdenum. Renowned for their exceptional corrosion resistance, high-temperature strength, and durability, these alloys find widespread use in various industries including aerospace, chemical processing, and marine engineering. With diverse compositions tailored for specific applications, nickel alloys exhibit excellent mechanical properties even under extreme conditions, making them indispensable in critical environments where reliability is paramount. Their versatility extends to applications such as gas turbines, chemical reactors, and medical devices, where they offer superior performance and longevity, contributing significantly to technological advancements.

Asia Pacific Nickel Alloys Market

Growth Drivers

Rising Demand for Lightweight Form in Aerospace

The Asia Pacific nickel alloys market experiences exponential growth as aerospace industries increasingly demand lightweight materials. Nickel alloys, renowned for their high strength-to-weight ratio, are crucial in manufacturing components for aircraft, driving market expansion. As the aerospace sector in the region witnesses a surge in demand for fuel-efficient and high-performance aircraft, the need for nickel alloys intensifies. Manufacturers capitalize on this trend by innovating nickel-based materials optimized for aerospace applications, fueling market growth. This rising demand not only propels the nickel alloys market forward but also reinforces Asia Pacific's position as a key player in aerospace manufacturing.

Challenges

Addressing Environmental and Sustainability Concerns

Asia Pacific Nickel Alloys Market faces growing scrutiny due to environmental and sustainability concerns surrounding nickel extraction and processing. Issues such as deforestation, water pollution, and carbon emissions associated with mining and refining nickel are increasingly prominent. Stricter regulations and consumer demand for eco-friendly practices pose challenges for market growth. Additionally, concerns about the long-term availability of nickel reserves further exacerbate sustainability worries. Balancing industrial needs with environmental responsibility requires innovative solutions and investments in cleaner production methods, placing pressure on market players to adapt swiftly to ensure a sustainable future.

Impact of Escalating Geopolitical Tensions on Asia Pacific Nickel Alloys Market

Geopolitical tensions in the Asia Pacific Nickel Alloys Market are escalating due to competing territorial claims and resource disputes. Recent events include naval standoffs over the South China Sea, where major nickel deposits lie. Additionally, trade tensions between major players like China, Japan, and South Korea are impacting the supply chain and pricing dynamics. These tensions are leading to increased market volatility and uncertainty, hindering investment and growth opportunities. Furthermore, sanctions and trade restrictions imposed by various countries are disrupting the flow of raw materials and finished products, affecting both producers and consumers. The heightened geopolitical risks are prompting market players to reassess their strategies and seek alternative supply sources, further complicating the regional market dynamics.

Asia Pacific Nickel Alloys Market

Segmental Coverage

Asia Pacific Nickel Alloys Market – By Product

On the basis of product, Asia Pacific Nickel Alloys Market is divided into Nickel-Chromium-Iron Alloys, Nickel-Chromium Alloys, Nickel-Chromium-Molybdenum Alloys, Wrought Nickel, Nickel-Chromium-Cobalt Alloys, Nickel-Copper Alloys, Nickel-Iron Alloys, and Other (including Nickel-Molybdenum Alloys and Nickel-Titanium Alloys) segments. The Nickel-Chromium-Iron Alloys segment is the leading product in the Asia Pacific Nickel Alloys Market. The alloys are widely utilized across various industries due to their exceptional resistance to corrosion and high-temperature environments. Nickel-chromium-iron alloys find extensive applications in aerospace, chemical processing, and automotive sectors. The robust mechanical properties and oxidation resistance make them a preferred choice for demanding applications. The segment represents a significant portion of the market due to its versatility and suitability for a wide range of industrial needs, contributing substantially to the overall market share in the Asia Pacific region.

Asia Pacific Nickel Alloys Market Share

Asia Pacific Nickel Alloys Market – By Form

Based on form, Asia Pacific Nickel Alloys Market is segmented into Bars, Rods, Tubing, Plate, Sheets, Wire, Billets, Pipe, Ingots, Strips, Flanges, Balls, Angles, and Others (including Pipe Fittings, Channels, Coils, and Forgings) segments. The sheets segment is the largest form in the Asia Pacific Nickel Alloys Market. Sheets are widely used in diverse industries for their versatility and applicability in various applications such as manufacturing, construction, and automotive sectors. With its extensive use in a multitude of end user industries, the sheets segment stands out as one of the largest contributors to the market's revenue. Its widespread adoption can be attributed to factors like durability, corrosion resistance, and strength, making it an indispensable material in numerous manufacturing processes across the Asia Pacific region.

Asia Pacific Nickel Alloys Market – By Function

Based on function, Asia Pacific Nickel Alloys Market is divided into High Performance & Electronics Grade, Heat Resistant, and Corrosion Resistant segments. The corrosion-resistant segment holds the highest market share in the Asia Pacific Nickel Alloys Market by function, as it caters to a wide range of industries where corrosion resistance is paramount, such as aerospace, chemical processing, and marine applications. Due to the prevalent need for materials that can withstand harsh environmental conditions, the Corrosion-resistant segment often commands a significant portion of the market share in the Asia Pacific region, driving its prominence and growth.

Asia Pacific Nickel Alloys Market Size

Asia Pacific Nickel Alloys Market – By Application

Based on application, Asia Pacific Nickel Alloys Market is divided into Automotive, Energy & Power, Oil & Gas, Chemical, Aerospace & Defense, and Other (including Electrical & Electronics) segments. The automotive segment dominates the market, reflecting the substantial demand for nickel alloys in the automotive industry for applications such as engine components, exhaust systems, and vehicle electrification. The segment's prominence likely stems from the growing automotive sector in the Asia Pacific region, driven by factors like urbanization, industrialization, and increasing consumer demand for automobiles, particularly in emerging economies.

Asia Pacific Nickel Alloys Market – By Country

Based on country, Asia Pacific Nickel Alloys Market is divided into China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Thailand, Singapore, Vietnam, and Rest of APAC. China is leading the Asia Pacific Nickel Alloys Market, followed closely by India and Japan. These three countries represent the core of the market, accounting for the majority of demand and production in the region. China, with its robust industrial sector and infrastructure development, emerges as the primary consumer and producer of nickel alloys. India's growing industrialization and Japan's advanced manufacturing sector further contribute to their significant shares in the market. Together, these nations drive the dynamics of the Asia Pacific Nickel Alloys Market, shaping its trends and influencing global trade in nickel alloys.

Competitive Landscape

Major players in the Asia Pacific Nickel Alloys Market include NIPPON STEEL CORPORATION, AMETEK, Inc, Ulbrich Stainless Steels and Special Metals Inc., Acciaierie Valbruna SpA, Rolled Alloys Inc., JLC Electromet Pvt Ltd, HAYNES INTERNATIONAL, Voestalpine Specialty Metals, ATI, JFE Steel Corporation, Sandvik AB, POSCO, Precision Castparts Corp., Changzhou DLX Alloy Co., Ltd, Tata Steel, and thyssenkrupp Materials Services GmbH. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

  • In September 2022: Proterial Ltd (formerly Hitachi Metals, Ltd., Japan) released its ADMUSTER C21P nickel-base alloy powder for metal additive manufacturing, enabling the production of complex shapes with high corrosion resistance and high strength. The alloy, one of the powders in Hitachi Metals' ADMUSTER series, is reported to additively manufacture products with 100 times or more corrosion resistance than typical 316L stainless steel.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2023

Base Year – 2023

Estimated Year – 2024

Forecast Period – 2024–2030

Facts Covered

By Value - USD Billion

 

By Volume - Million Tons

Market Coverage

China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Thailand, Singapore, Vietnam, Rest of APAC

Product/Service Segmentation

Product, Form, Function, Application, Country

Key Players

NIPPON STEEL CORPORATION, AMETEK, Inc, Ulbrich Stainless Steels and Special Metals Inc., Acciaierie Valbruna SpA, Rolled Alloys Inc., JLC Electromet Pvt. Ltd., HAYNES INTERNATIONAL, Voestalpine Specialty Metals, ATI, JFE Steel Corporation, Sandvik AB, POSCO, Precision Castparts Corp., Changzhou DLX Alloy Co., Ltd., Tata Steel, thyssenkrupp Materials Services GmbH

 

By Product

  • Nickel-Chromium-Iron Alloys

  • Nickel-Chromium Alloys

  • Nickel-Chromium-Molybdenum Alloys

  • Wrought Nickel

  • Nickel-Chromium-Cobalt Alloys

  • Nickel-Copper Alloys

  • Nickel-Iron Alloys

  • Others (including Nickel-Molybdenum Alloys, Nickel-Titanium Alloys)

By Form

  • Bars

  • Rods

  • Tubing

  • Plate

  • Sheets

  • Wire

  • Billets

  • Pipe

  • Ingots

  • Strips

  • Flanges

  • Balls

  • Angles

  • Others (including Pipe Fittings, Channels, Coils, Forgings)

By Function

  • High Performance & Electronics Grade

  • Heat Resistant

  • Corrosion Resistant

By Application

  • Automotive

  • Energy & Power

  • Oil & Gas

  • Chemical

  • Aerospace & Defense

  • Others (including Electrical & Electronics)

By Country

  • China

  • India

  • Japan

  • South Korea

  • Australia & New Zealand

  • Indonesia

  • Malaysia

  • Thailand

  • Singapore

  • Vietnam

  • Rest of APAC

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. Asia Pacific Nickel Alloys Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Rising demand for lightweight Forms in aerospace
        2. Growth in the oil and gas sector
        3. Increasing adoption of electric vehicles
        4. Growing utilization in chemical processing industries
      2. Restraints
        1. Environmental and sustainability concerns regarding nickel
        2. Volatility in raw Form prices
        3. Regulatory compliance and certification
      3. Opportunities
        1. Growing demand for nickel alloys in renewable energy
        2. Increasing applicability in the medical and healthcare sector
        3. Expanding energy sector
      4. Challenges
        1. Availability of substitutes
        2. Technological advancements in manufacturing
    3. Technological Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Asia Pacific Nickel Alloys Market: Marketing Strategies
  5. Asia Pacific Nickel Alloys Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product
        1. Nickel-Chromium-Iron Alloys
        2. Nickel-Chromium Alloys
        3. Nickel-Chromium-Molybdenum Alloys
        4. Wrought Nickel
        5. Nickel-Chromium-Cobalt Alloys
        6. Nickel-Copper Alloys
        7. Nickel-Iron Alloys
        8. Others (including Nickel-Molybdenum Alloys and Nickel-Titanium Alloys)
      2. By Form
        1. Bars
        2. Rods
        3. Tubing
        4. Plate
        5. Sheets
        6. Wire
        7. Billets
        8. Pipe
        9. Ingots
        10. Strips
        11. Flanges
        12. Balls
        13. Angles
        14. Others (including Pipe Fittings, Channels, Coils, and Forgings)
      3. By Function
        1. High Performance & Electronics Grade
        2. Heat Resistant
        3. Corrosion Resistant
      4. By Application
        1. Automotive
        2. Energy & Power
        3. Oil & Gas
        4. Chemical
        5. Aerospace & Defense
        6. Others (including Electrical & Electronics)
      5. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Australia & New Zealand
        6. Indonesia
        7. Malaysia
        8. Thailand
        9. Singapore
        10. Vietnam
        11. Rest of APAC
  6. China Nickel Alloys Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product
      2. By Form
      3. By Function
      4. By Application
  7. India Nickel Alloys Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product
      2. By Form
      3. By Function
      4. By Application
  8. Japan Nickel Alloys Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product
      2. By Form
      3. By Function
      4. By Application
  9. South Korea Nickel Alloys Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product
      2. By Form
      3. By Function
      4. By Application
  10. Australia & New Zealand Nickel Alloys Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product
      2. By Form
      3. By Function
      4. By Application
  11. Indonesia Nickel Alloys Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product
      2. By Form
      3. By Function
      4. By Application
  12. Malaysia Nickel Alloys Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product
      2. By Form
      3. By Function
      4. By Application
  13. Thailand Nickel Alloys Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product
      2. By Form
      3. By Function
      4. By Application
  14. Singapore Nickel Alloys Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product
      2. By Form
      3. By Function
      4. By Application
  15. Vietnam Nickel Alloys Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product
      2. By Form
      3. By Function
      4. By Application
  16. Rest of APAC Nickel Alloys Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product
      2. By Form
      3. By Function
      4. By Application
  17. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Asia Pacific Nickel Alloys Company Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  18. Impact of Escalating Geopolitical Tensions on Asia Pacific Nickel Alloys Market
  19. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
    1. NIPPON STEEL CORPORATION
    2. AMETEK, Inc
    3. Ulbrich Stainless Steels and Special Metals Inc.
    4. Acciaierie Valbruna SpA
    5. Rolled Alloys Inc.
    6. JLC Electromet Pvt Ltd
    7. HAYNES INTERNATIONAL
    8. Voestalpine Specialty Metals
    9. ATI
    10. JFE Steel Corporation
    11. Sandvik AB
    12. POSCO
    13. Precision Castparts Corp.
    14. Changzhou DLX Alloy Co., Ltd
    15. Tata Steel
    16. thyssenkrupp Materials Services GmbH
    17. Other Prominent Players
  20. Key Strategic Recommendations
  21. Research Methodology
    1.       Qualitative Research
      1.   Primary & Secondary Research
    2.       Quantitative Research
    3.       Market Breakdown & Data Triangulation
      1.   Secondary Research
      2.   Primary Research
    4.       Breakdown of Primary Research Respondents, By Region
    5.       Assumptions & Limitations

 

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

 

List of Figures

Figure 1       Asia Pacific Nickel Alloys Segmentation

Figure 2       Asia Pacific Nickel Alloys Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2023

Figure 4       Asia Pacific Nickel Alloys Market Size, By Value (USD Million), 2019–2030

Figure 5       Asia Pacific Nickel Alloys Market Share, By Product, By Value (USD Million), 2019–2030

Figure 6       Asia Pacific Nickel Alloys Market Share, By Form, By Value (USD Million), 2019–2030

Figure 7       Asia Pacific Nickel Alloys Market Share, By Function, By Value (USD Million), 2019–2030

Figure 8       Asia Pacific Nickel Alloys Market Share, By Application, By Value (USD Million), 2019–2030

Figure 9       Asia Pacific Nickel Alloys Market Share, By Country, By Value (USD Million), 2019–2030

Figure 10     China Nickel Alloys Market Size, By Value (USD Million), 2019–2030

Figure 11     China Nickel Alloys Market Share, By Product, By Value (USD Million), 2019–2030

Figure 12     China Nickel Alloys Market Share, By Form, By Value (USD Million), 2019–2030

Figure 13     China Nickel Alloys Market Share, By Function, By Value (USD Million), 2019–2030

Figure 14     China Nickel Alloys Market Share, By Application, By Value (USD Million), 2019–2030

Figure 15     India Nickel Alloys Market Size, By Value (USD Million), 2019–2030

Figure 16     India Nickel Alloys Market Share, By Product, By Value (USD Million), 2019–2030

Figure 17     India Nickel Alloys Market Share, By Form, By Value (USD Million), 2019–2030

Figure 18     India Nickel Alloys Market Share, By Function, By Value (USD Million), 2019–2030

Figure 19     India Nickel Alloys Market Share, By Application, By Value (USD Million), 2019–2030

Figure 20     Japan Nickel Alloys Market Size, By Value (USD Million), 2019–2030

Figure 21     Japan Nickel Alloys Market Share, By Product, By Value (USD Million), 2019–2030

Figure 22     Japan Nickel Alloys Market Share, By Form, By Value (USD Million), 2019–2030

Figure 23     Japan Nickel Alloys Market Share, By Function, By Value (USD Million), 2019–2030

Figure 24     Japan Nickel Alloys Market Share, By Application, By Value (USD Million), 2019–2030

Figure 25     South Korea Nickel Alloys Market Size, By Value (USD Million), 2019–2030

Figure 26     South Korea Nickel Alloys Market Share, By Product, By Value (USD Million), 2019–2030

Figure 27     South Korea Nickel Alloys Market Share, By Form, By Value (USD Million), 2019–2030

Figure 28     South Korea Nickel Alloys Market Share, By Function, By Value (USD Million), 2019–2030

Figure 29     South Korea Nickel Alloys Market Share, By Application, By Value (USD Million), 2019–2030

Figure 30     Australia & New Zealand Nickel Alloys Market Size, By Value (USD Million), 2019–2030

Figure 31     Australia & New Zealand Nickel Alloys Market Share, By Product, By Value (USD Million), 2019–2030

Figure 32     Australia & New Zealand Nickel Alloys Market Share, By Form, By Value (USD Million), 2019–2030

Figure 33     Australia & New Zealand Nickel Alloys Market Share, By Function, By Value (USD Million), 2019–2030

Figure 34     Australia & New Zealand Nickel Alloys Market Share, By Application, By Value (USD Million), 2019–2030

Figure 35     Indonesia Nickel Alloys Market Size, By Value (USD Million), 2019–2030

Figure 36     Indonesia Nickel Alloys Market Share, By Product, By Value (USD Million), 2019–2030

Figure 37     Indonesia Nickel Alloys Market Share, By Form, By Value (USD Million), 2019–2030

Figure 38     Indonesia Nickel Alloys Market Share, By Function, By Value (USD Million), 2019–2030

Figure 39     Indonesia Nickel Alloys Market Share, By Application, By Value (USD Million), 2019–2030

Figure 40     Malaysia Nickel Alloys Market Size, By Value (USD Million), 2019–2030

Figure 41     Malaysia Nickel Alloys Market Share, By Product, By Value (USD Million), 2019–2030

Figure 42     Malaysia Nickel Alloys Market Share, By Form, By Value (USD Million), 2019–2030

Figure 43     Malaysia Nickel Alloys Market Share, By Function, By Value (USD Million), 2019–2030

Figure 44     Malaysia Nickel Alloys Market Share, By Application, By Value (USD Million), 2019–2030

Figure 45     Singapore Nickel Alloys Market Size, By Value (USD Million), 2019–2030

Figure 46     Singapore Nickel Alloys Market Share, By Product, By Value (USD Million), 2019–2030

Figure 47     Singapore Nickel Alloys Market Share, By Form, By Value (USD Million), 2019–2030

Figure 48     Singapore Nickel Alloys Market Share, By Function, By Value (USD Million), 2019–2030

Figure 49     Singapore Nickel Alloys Market Share, By Application, By Value (USD Million), 2019–2030

Figure 50     Vietnam Nickel Alloys Market Size, By Value (USD Million), 2019–2030

Figure 51     Vietnam Nickel Alloys Market Share, By Product, By Value (USD Million), 2019–2030

Figure 52     Vietnam Nickel Alloys Market Share, By Form, By Value (USD Million), 2019–2030

Figure 53     Vietnam Nickel Alloys Market Share, By Function, By Value (USD Million), 2019–2030

Figure 54     Vietnam Nickel Alloys Market Share, By Application, By Value (USD Million), 2019–2030

Figure 55     Rest of APAC Nickel Alloys Market Size, By Value (USD Million), 2019–2030

Figure 56     Rest of APAC Nickel Alloys Market Share, By Product, By Value (USD Million), 2019–2030

Figure 57     Rest of APAC Nickel Alloys Market Share, By Form, By Value (USD Million), 2019–2030

Figure 58     Rest of APAC Nickel Alloys Market Share, By Function, By Value (USD Million), 2019–2030

Figure 59     Rest of APAC Nickel Alloys Market Share, By Application, By Value (USD Million), 2019–2030

 

List of Tables

Table 1        Asia Pacific Nickel Alloys Market Size, By Value (USD Million), 2019–2030

Table 2        Asia Pacific Nickel Alloys Market Share, By Product, By Value (USD Million), 2019–2030

Table 3        Asia Pacific Nickel Alloys Market Share, By Form, By Value (USD Million), 2019–2030

Table 4        Asia Pacific Nickel Alloys Market Share, By Function, By Value (USD Million), 2019–2030

Table 5        Asia Pacific Nickel Alloys Market Share, By Application, By Value (USD Million), 2019–2030

Table 6        Asia Pacific Nickel Alloys Market Share, By Country, By Value (USD Million), 2019–2030

Table 7        China Nickel Alloys Market Size, By Value (USD Million), 2019–2030

Table 8        China Nickel Alloys Market Share, By Product, By Value (USD Million), 2019–2030

Table 9        China Nickel Alloys Market Share, By Form, By Value (USD Million), 2019–2030

Table 10      China Nickel Alloys Market Share, By Function, By Value (USD Million), 2019–2030

Table 11      China Nickel Alloys Market Share, By Application, By Value (USD Million), 2019–2030

Table 12      India Nickel Alloys Market Size, By Value (USD Million), 2019–2030

Table 13      India Nickel Alloys Market Share, By Product, By Value (USD Million), 2019–2030

Table 14      India Nickel Alloys Market Share, By Form, By Value (USD Million), 2019–2030

Table 15      India Nickel Alloys Market Share, By Function, By Value (USD Million), 2019–2030

Table 16      India Nickel Alloys Market Share, By Application, By Value (USD Million), 2019–2030

Table 17      Japan Nickel Alloys Market Size, By Value (USD Million), 2019–2030

Table 18      Japan Nickel Alloys Market Share, By Product, By Value (USD Million), 2019–2030

Table 19      Japan Nickel Alloys Market Share, By Form, By Value (USD Million), 2019–2030

Table 20      Japan Nickel Alloys Market Share, By Function, By Value (USD Million), 2019–2030

Table 21      Japan Nickel Alloys Market Share, By Application, By Value (USD Million), 2019–2030

Table 22      South Korea Nickel Alloys Market Size, By Value (USD Million), 2019–2030

Table 23      South Korea Nickel Alloys Market Share, By Product, By Value (USD Million), 2019–2030

Table 24      South Korea Nickel Alloys Market Share, By Form, By Value (USD Million), 2019–2030

Table 25      South Korea Nickel Alloys Market Share, By Function, By Value (USD Million), 2019–2030

Table 26      South Korea Nickel Alloys Market Share, By Application, By Value (USD Million), 2019–2030

Table 27      Australia & New Zealand Nickel Alloys Market Size, By Value (USD Million), 2019–2030

Table 28      Australia & New Zealand Nickel Alloys Market Share, By Product, By Value (USD Million), 2019–2030

Table 29      Australia & New Zealand Nickel Alloys Market Share, By Form, By Value (USD Million), 2019–2030

Table 30      Australia & New Zealand Nickel Alloys Market Share, By Function, By Value (USD Million), 2019–2030

Table 31      Australia & New Zealand Nickel Alloys Market Share, By Application, By Value (USD Million), 2019–2030

Table 32      Indonesia Nickel Alloys Market Size, By Value (USD Million), 2019–2030

Table 33      Indonesia Nickel Alloys Market Share, By Product, By Value (USD Million), 2019–2030

Table 34      Indonesia Nickel Alloys Market Share, By Form, By Value (USD Million), 2019–2030

Table 35      Indonesia Nickel Alloys Market Share, By Function, By Value (USD Million), 2019–2030

Table 36      Indonesia Nickel Alloys Market Share, By Application, By Value (USD Million), 2019–2030

Table 37      Malaysia Nickel Alloys Market Size, By Value (USD Million), 2019–2030

Table 38      Malaysia Nickel Alloys Market Share, By Product, By Value (USD Million), 2019–2030

Table 39      Malaysia Nickel Alloys Market Share, By Form, By Value (USD Million), 2019–2030

Table 40      Malaysia Nickel Alloys Market Share, By Function, By Value (USD Million), 2019–2030

Table 41      Malaysia Nickel Alloys Market Share, By Application, By Value (USD Million), 2019–2030

Table 42      Singapore Nickel Alloys Market Size, By Value (USD Million), 2019–2030

Table 43      Singapore Nickel Alloys Market Share, By Product, By Value (USD Million), 2019–2030

Table 44      Singapore Nickel Alloys Market Share, By Form, By Value (USD Million), 2019–2030

Table 45      Singapore Nickel Alloys Market Share, By Function, By Value (USD Million), 2019–2030

Table 46      Singapore Nickel Alloys Market Share, By Application, By Value (USD Million), 2019–2030

Table 47      Vietnam Nickel Alloys Market Size, By Value (USD Million), 2019–2030

Table 48      Vietnam Nickel Alloys Market Share, By Product, By Value (USD Million), 2019–2030

Table 49      Vietnam Nickel Alloys Market Share, By Form, By Value (USD Million), 2019–2030

Table 50      Vietnam Nickel Alloys Market Share, By Function, By Value (USD Million), 2019–2030

Table 51      Vietnam Nickel Alloys Market Share, By Application, By Value (USD Million), 2019–2030

Table 52      Rest of APAC Nickel Alloys Market Size, By Value (USD Million), 2019–2030

Table 53      Rest of APAC Nickel Alloys Market Share, By Product, By Value (USD Million), 2019–2030

Table 54      Rest of APAC Nickel Alloys Market Share, By Form, By Value (USD Million), 2019–2030

Table 55      Rest of APAC Nickel Alloys Market Share, By Function, By Value (USD Million), 2019–2030

Table 56      Rest of APAC Nickel Alloys Market Share, By Application, By Value (USD Million), 2019–2030

Table 57      NIPPON STEEL CORPORATION Company Overview

Table 58      NIPPON STEEL CORPORATION Financial Overview

Table 59      AMETEK, Inc. Company Overview

Table 60      AMETEK, Inc. Financial Overview

Table 61      Ulbrich Stainless Steels and Special Metals Inc. Company Overview

Table 62      Ulbrich Stainless Steels and Special Metals Inc. Financial Overview

Table 63      Acciaierie Valbruna SpA Company Overview

Table 64      Acciaierie Valbruna SpA Financial Overview

Table 65      Rolled Alloys Inc. Company Overview

Table 66      Rolled Alloys Inc. Financial Overview

Table 67      JLC Electromet Pvt Ltd Company Overview

Table 68      JLC Electromet Pvt Ltd Financial Overview

Table 69      HAYNES INTERNATIONAL Company Overview

Table 70      HAYNES INTERNATIONAL Financial Overview

Table 71      Voestalpine Specialty Metals Company Overview

Table 72      Voestalpine Specialty Metals Financial Overview

Table 73      ATI Company Overview

Table 74      ATI Financial Overview

Table 75      JFE Steel Corporation Company Overview

Table 76      JFE Steel Corporation Financial Overview

Table 77      Sandvik AB Company Overview

Table 78      Sandvik AB Financial Overview

Table 79      POSCO Company Overview

Table 80      POSCO Financial Overview

Table 81      Precision Castparts Corp. Company Overview

Table 82      Precision Castparts Corp. Financial Overview

Table 83      Changzhou DLX Alloy Co., Ltd Company Overview

Table 84      Changzhou DLX Alloy Co., Ltd Financial Overview

Table 85      Tata Steel Company Overview

Table 86      Tata Steel Financial Overview

Table 87      thyssenkrupp Materials Services GmbH Company Overview

Table 88      thyssenkrupp Materials Services GmbH Financial Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

Ans: The Asia Pacific Nickel Alloys Market size by value was estimated at USD 3.91 billion in 2023.
Ans: The Asia Pacific Nickel Alloys Market by value is expected to grow at a CAGR of 5.06% during the forecast period between 2024 and 2030.
Ans: The Asia Pacific Nickel Alloys Market size is forecast to reach a value of USD 8.63 billion by 2030.
Ans: The growth of the Asia Pacific Nickel Alloys Market is primarily driven by increasing industrialization, demand from automotive and aerospace sectors, infrastructure development, and technological advancements in manufacturing processes.
Ans: The Asia Pacific Nickel Alloys Market size by volume was estimated at 0.39 million tons in 2023.
Ans: By Volume, the Asia Pacific Nickel Alloys Market size is expected to grow at a CAGR of 5.45% during the forecast period between 2024 and 2030.
Ans: The Asia Pacific Nickel Alloys Market size by volume is forecast to reach 0.68 million tons by 2030.
Ans: Key players in Asia Pacific Nickel Alloys Market include NIPPON STEEL CORPORATION, AMETEK, Inc, Ulbrich Stainless Steels and Special Metals Inc., Acciaierie Valbruna SpA, Rolled Alloys Inc., JLC Electromet Pvt Ltd, HAYNES INTERNATIONAL, Voestalpine Specialty Metals, ATI, JFE Steel Corporation, Sandvik AB, POSCO, Precision Castparts Corp., Changzhou DLX Alloy Co., Ltd, Tata Steel, and thyssenkrupp Materials Services GmbH.
Ans: The Nickel-Chromium-Iron Alloys segment accounts for the highest market share in the Asia Pacific Nickel Alloys Market by product.
Ans: The automotive segment accounts for the highest market share in the Asia Pacific Nickel Alloys Market by application.
Ans: China accounts for the highest market share in the Asia Pacific Nickel Alloys Market.