Nickel alloy is a material that defines many of the objects in our past and present—a trend that doesn’t seem to be dying down anytime soon. Currently  we specialise in serving the global oil, global gas, and global valve industries, along with the global fastener and surface and subsea component market. We believe that in the future, due to the predicted highs levels of urbanisation and environmental challenges, nickel and nickel alloy is only going to be ever more prevalent in our society.

This belief is compounded by the abundance of nickel that will be at our fingertips. With the discovery of new nickel deposits, along with advances in mining and extraction technology and high nickel recycling rates, current estimates point toward a prosperous future for the nickel industry, and of course the future generations which will benefit from it.

Now we are going to focus on the present state of the nickel alloy industry, and specifically look at the main industries that use the material.

The Oil & Gas Industry

In such a rapidly evolving industry, there is always need for high performance materials and products. Resources that were deemed too difficult or expensive to extract only a short time ago, are now being accessed and introduced to the marketplace to profound effect.

The Surface & Subsea Components Market

Thanks to the increasing trend towards deepwater oil and gas development, growth of the subsea market is predicted to continue on an upward trajectory over the next few years. At the moment, Africa and Latin America are—and will continue to be—the dominant forces in the industry, but Europe are set to become the largest region in terms of subsea tree installations, with Asia and Australasia offering emerging opportunities and being on track to soon double their market share.

The Global Valve Market

The knock on effects from the advancements in the extraction and production of oil and gas—as well as in water management—mean that by 2020 the valve and actuator market is expected to see revenues of around £5.1 billion. The industries have also spurred growth in power generation and chemical manufacturing, leading particularly to a higher demand in the North American market for flow control equipment.

The Global Fastener Market

Nickel alloy is known for its strength. So it’s no surprise that when it comes to fasteners—used to ensure components are fastened together securely with a bolt—you will find nickel alloy. Such fasteners include hex bolts, double-ended studs, and threaded rods, and can be found in oil and gas applications, often in extreme environments.

We provides a range of speciality nickel alloys which offer the utmost strength, durability, and reliability—even in the harshest of environments. Whether it’s the first step in the supply chain, or the final delivery to the end-users.

Get in touch with us today, email us at sales@industrialmroparts.com.