According to Stratistics MRC, the Global nickel alloys Market is valued at $3,260 million in 2016 and is expected to reach $6,920 million by 2022
growing at a CAGR of 9.7% from 2016 to 2022. Increasing demand for high performance, lightweight materials in aerospace, automotive, industrial
gas turbines (IGT) and industrial applications is expected to have a positive impact on nickel alloys market growth over the forecast period. Growing
demand for highly durable materials, rising demand from power industries, increasing government expenditure in emerging economies are the factors
enhancing the market growth. However, high cost of base alloys is expected to hamper the superalloys &nickel alloy market.



The Nickel base products are estimated to account for the largest share in the global superalloys market throughout the forecast period as this material
possess high temperature resistant properties and oxidation resistance. Among applications, aerospace segment is expected to dominate the global
market due to increasing need for lightweight and high strength materials that can withstand high temperatures.

North America and Europe are the key regions for superalloys market. US, Germany, UK, and France are the market leaders in this regions contributing
to the demand for superalloys. Asia Pacific is expected to emerge as the fastest growing region due to increasing demand for superalloys in emerging
economies such as China and India.

Some of the key participants in global superalloys market are ATI, AMG Superalloys, Aperam S.A., Baosteel Group, Doncasters, Fushun Special
Steel Shares, Haynes International Inc., Nippon Yakin Kogyo, Shenyang Renhe Holding, Special Metals Corporation, Super Alloy Industrial, ThyssenKrupp
AG and Universal Stainless.

Material Types Covered:
• Iron-Base
• Cobalt base
• Nickel base

Applications Covered:
• Aerospace
o General aviation
o Commercial aircraft
o Military
o Helicopter
• Automotive
• Electronics
• Industrial
• Industrial Gas Turbine
• Marine turbine
• Oil & Gas
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt