openPR Logo
Press release

Nickel Superalloy Market to gain impetus from aerospace applications

05-17-2021 08:45 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: global market insights

Nickel Superalloy Market

Nickel Superalloy Market

Nickel superalloy market outlook is likely to remain bullish, following the use in turbine engines owing to good resistance and high strength. It is pertinent to mention that nickel-based superalloys use corrosion resistance and have become sought-after for hot engine components.

Increased inclination for superalloys is majorly attributed to exceptional heat resistance, dimensional stability, toughness, stiffness, strength and resistance against oxidation and corrosion. Global Market Insights, Inc., has projected nickel superalloy market size to surpass US$ 10 billion by 2026.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/4864

High-performance alloys are witnessing pressing demand for strength and durability in machines and have become a natural fit for applications at the highest fraction of their melting point.

COVID-19 impact

As world stares at a vaccination drive, there are opportunities and challenges for stakeholders to capitalize and embellish their credentials in the nickel superalloys market. Some of the technologies that leverage superalloys such as jet engines, hot spots on aircraft, oil & gas exploration and automotive turbochargers are likely to gain an uptick in the post-COVID landscape. A positive future trend can be attributed to the efforts anticipated to foster industrial growth after a notable slowdown resulting from the pandemic.

A palpable trend towards aerospace industry

A notable trend in aerospace industry for nickel superalloys will be witnessed in the next five years as demand for superalloys to make discs, turbine blades and other jet engine parts has surged. A robust growth in nickel superalloy market share is majorly attributed to corrosion protection, adhesion, erosion and wear resistance.

Given that aircraft engines function at high temperatures, investments in nickel-based superalloys are slated to rise. Accordingly, aircraft industry will reap reward from excellent resistance against stress rupture and creep at high temperature and will potentially be among the largest consumers of nickel superalloys.

Request for customization @ https://www.gminsights.com/roc/4864

Growth opportunities galore in North America and APAC

North America will potentially come up as a viable investment hub on the heels of energy demand and expanding footfall of aerospace and defense, marine and automobile industries. It is worth noting that an upsurge in defense deals and surge in the manufacturing of aircraft in the U.S. have mustered up the confidence of stakeholders vying to bolster dominance in North America nickel superalloy market.

Forward-looking companies are banking on thriving automotive industry in China, India and Vietnam as they eye to gain a competitive edge in the landscape. It is worth noting that chemical processing industry in the region will continue to be one of the major end-markets of nickel superalloy. Besides, growing number of power projects in India and China will impact APAC nickel superalloy market outlook.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Nickel Superalloy Market to gain impetus from aerospace applications here

News-ID: 2285207 • Views:

More Releases from global market insights

Acoustic Diaphragm Market slated to observe traction for polypropylene material in earphones & loudspeakers
Acoustic Diaphragm Market slated to observe traction for polypropylene material …
With a seismic rise in the demand for consumer products such a loudspeakers, mobile phones and earphones, acoustic diaphragm market size is slated to surge in the next five years. Notably, acoustic diaphragm tends to inter-convert mechanical vibration to sounds and has become highly popular in headphones and speakers. Market penetration of materials such as paper, polycarbonate, polypropylene, carbon fiber and aluminum has become more pronounced in the past several
How will increasing demand for stainless steel transform the Ferroalloys Market outlook?
How will increasing demand for stainless steel transform the Ferroalloys Market …
One of the recent breakthroughs in the global ferroalloys market is the potential acquisition of Ferro Alloys Corporation by Vedanta- a natural resource company early this year. As per reliable sources, the acquisition is expected to complement Vedanta’s current steel business considering the fact that integration of Ferro manufacturing capabilities would offer the possibility to generate significant efficiencies. Meanwhile, yet other company, Boston Metal has declared having raised over USD 20
Polyphenylsulfone Market 2021 | Regional Insights & Growth Forecast To 2025
Polyphenylsulfone Market 2021 | Regional Insights & Growth Forecast To 2025
The polyphenylsulfone market will witness significant expansion with the rise in healthcare concerns and the growing requirement for biocompatible products. Polyphenylsulfone is a high-performance thermoplastic that is amorphous, heat-resistant, and transparent. It showcases high sterilization properties and is widely employed as an alternative for polyetheretheketone and polyaryletherketone. Furthermore, the polymer sees large adoption across various verticals of the healthcare sector to offer superior dimensional stability and higher resistance against
Cosmetic Contact Lens Market 2021: Industry Growth, Competitive Analysis, Future Prospects and Forecast 2024
Cosmetic Contact Lens Market 2021: Industry Growth, Competitive Analysis, Future …
Increasing trend of using colored contact lenses may have a positive impact on cosmetic contact lens market outlook. Rising popularity of customized lenses with attractive colors, shades and textures for improving eye appearance is likely to propel industry size. Proliferation of entertainment, online and social media platforms are helping boost the adoption of such lenses. Cosmetic contact lenses are available in several colors such as blue, green, brown, hazel, grey, violet

All 5 Releases


More Releases for Nickel

Electrolytic Nickel Market Exceptional Business Performance | Norilsk Nickel, BH …
Report Ocean released a report that presents a detailed analysis of the Global Electrolytic Nickel Market, along with insights into key factors which drive the market. The report is a comprehensive and systematic analysis of the market, providing key statistics on market developments, analyst opinions, competitive landscapes, and regional analysis, among other factors. This report presents a comprehensive and expert analysis of key business trends and market forecasts for Global Electrolytic
Nickel Hydroxide Market Forecast 2017 - 2025 | Norilsk Nickel, Nippy Chemicals, …
Global Nickel Hydroxide Market: Snapshot Nickel hydroxide, an inorganic compound that produces toxic substances upon heating, is commonly used in rechargeable battery electrodes. Denoted by Ni(OH)2, it is highly useful for its insoluble chemical properties as well as strong redox attributes. Theophrastite, which is a mineral form of nickel hydroxide, was originally discovered back in 1980 in northern Greece. Nickel hydroxide dissolves with a very few chemicals such as amines and
Primary Nickel Market is Booming| Anglo American, BHP, Glencore, Norilsk Nickel
A latest study released by HTF MI on Global Primary Nickel Market covering key business segments and wide scope geographies to get deep dive analysed market data. The study is a perfect balance bridging both qualitative and quantitative information of Primary Nickel market. The study provides historical data (i.e. Volume** & Value) from 2013 to 2018 and forecasted till 2025*. Some are the key & emerging players that are part
Global Nickel-Chromium-Cobalt Alloy Market 2019 - Nanoshel, Nickel Chromium Allo …
Nickel-Chromium-Cobalt Alloy is a class of elastic alloys used to make elastic components such as elastic sensitive components, energy storage components and frequency components in precision instrumentation. Get Free Sample Copy of Report Here: https://bit.ly/2sDTmnW Scope of the Report: In addition to good elastic properties, the elastic alloy also has properties such as non-magnetic, microplastic deformation resistance, high hardness, low electrical resistivity, low modulus of elasticity modulus and low internal friction. The worldwide market
Nickel Hydroxide Market - Enormously profited 2025 | ALT Cobalt & Nickel, Sigma- …
Global Nickel Hydroxide Market: Snapshot Nickel hydroxide, an inorganic compound that produces toxic substances upon heating, is commonly used in rechargeable battery electrodes. Denoted by Ni(OH)2, it is highly useful for its insoluble chemical properties as well as strong redox attributes. Theophrastite, which is a mineral form of nickel hydroxide, was originally discovered back in 1980 in northern Greece. Nickel hydroxide dissolves with a very few chemicals such as amines and
Nickel Hydroxide Market key players Sigma-Aldrich Co. LLC., Norilsk Nickel, ALT …
Nickel Hydroxide, generally used in rechargeable battery electrodes, by oxidation to nickel(III) oxide-hydroxide. Nickel hydroxide is denoted by Ni(OH)2 and is an insoluble chemical compound having strong redox properties. The mineral form of nickel hydroxide, also known as theophrastite, was first discovered in northern Greece in 1980. Nickel Hydroxide is a translucent emerald-green crystal, formed naturally in thin sheet form near the boundaries of chlorite and idocrase crystals. Nickel hydroxide has