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Copper-Nickel Alloys Market : Report Highlights the Competitive Scenario with Impact of Drivers And Challenges 2028

02-21-2023 08:42 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Premium Market Insights

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Copper-Nickel Alloys Market

Copper-Nickel Alloys Market

According to Premium Market Insights new research study on "Copper-Nickel Alloys Market Size, Share, Growth, Demand, Industry Trends and Forecast to 2028-COVID-19 Impact and Global Analysis - by Type and End User," the Copper-Nickel Alloys market size is projected to grow from US$ 4,282.62 million in 2022 to US$ 5,989.37 million by 2028; it is expected to grow at a CAGR of 5.7% from 2022 to 2028.

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Some Of the Major Players Influencing Copper-Nickel Alloys Market are

• Corrotherm International Ltd.
• Fisk Alloy Inc.
• Lebronze Alloys SAS
• Materion Corp.
• Aesteiron Steels LLP
• Columbia Metals Ltd.
• American Elements Inc.
• Hexican Steel Ltd.
• Aviva Metals Inc.
• Kalikund Steel and Engg Co.

Global Copper-Nickel Alloys Market Report encompasses an infinite knowledge and information on what the market's definition, classifications, applications, and engagements are and also explains the drivers and restraints of the market which is obtained from SWOT analysis. By applying market intelligence for this Copper-Nickel
Alloys Market report, industry expert measure strategic options, summarize successful action plans and support companies with critical bottom-line decisions. Additionally, the data, facts and figures collected to generate this market report are obtained forms the trustworthy sources such as websites, journals, mergers, newspapers and other authentic sources. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, price, cost, revenue and gross margins

Market Segmentation
By Product Type (Rods & Bars, Wires, Tubes, And Others)

By Application (Chemical Processing, Marine, Power Generation, Oil & Gas, Automotive & Aerospace, And Others)

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Market Overview

The copper-nickel alloys market is witnessing consistent growth due to the increase in demand from the marine, oil & gas, automotive, and aerospace industries, among other end-use industries. This alloy is utilized in the production of cargo tank heating coils and feed lines at desalination plants. Corrosion resistivity and good fabricability are the prime attributes of copper-nickel alloys. Therefore, it is utilized in heat exchangers or condenser tubes that are employed in different marine applications. Copper-nickel pipes and other components are utilized in steam turbine condensers, oil coolers, auxiliary cooling systems, and high-pressure pre-heaters that are used in nuclear power plants. Moreover, copper-nickel alloys are utilized in coinage due to their antimicrobial properties. Furthermore, their high strength, good ductility, and corrosion resistance make them the material of choice in aircraft engineering and aerospace component manufacturing.

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In 2021, Asia Pacific held the largest share of the global copper-nickel alloys market. The market growth in this region is attributed to the high demand for copper-nickel alloys in different industrial applications due to the flourishing industrial sector. Furthermore, developed and developing economies in Asia Pacific, such as Japan, China, South Korea, and India, are among the largest consumers of copper-nickel alloys.
According to the International Energy Agency, the installed electricity-generating capacity of the region is expected to rise by ~7% per annum, to reach 6,113 GW by 2030 from 3,386 GW in 2019. In addition, the amount of investment in renewable energy production across the region is expected to reach US$ 1.3 trillion per annum by 2030. Copper-nickel alloys can be used in steam turbine condensers, oil coolers, auxiliary cooling systems, and high-pressure preheaters that are deployed in thermal, nuclear, and fossil fuel power plants. Thus, a surge in investments in renewable energy projects is expected to boost the demand for copper-nickel alloys in Asia Pacific in the coming years.

The size of the Copper-Nickel Alloys market is determined using primary and secondary sources. The research process starts with comprehensive secondary research to collect qualitative and quantitative information from internal and external sources about the market. This process provides an overview and forecast of the Copper-Nickel Alloys market for all segments, as well as for each of the five major regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America. Primary interviews were also conducted with industry experts and commentators to confirm data and gain further analytical insights. These participants included VPs, business development managers, market intelligence managers, and national sales managers, as well as external consultants such as valuation experts, research analysts, and key opinion leaders who specialize in the Copper-Nickel Alloys market.

Table Of Contents

Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Copper-Nickel Alloys Market, by Product Type
1.3.2 Copper-Nickel Alloys Market, by Application
1.3.3 Copper-Nickel Alloys Market, by Geography
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Copper-Nickel Alloys Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Suppliers
4.2.3 Bargaining Power of Buyers
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Copper-Nickel Alloys Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Widespread Applications of Copper-Nickel Alloys
5.1.2 Extensive Usage of Copper-Nickel Alloys in Marine Industry
5.2 Market Restraints
5.2.1 High Cost of Copper-Nickel Alloys
5.3 Market Opportunities
5.3.1 Presence of Large Desalination Plants in Middle East & Africa
5.4 Future Trends
5.4.1 Surge in the Adoption of Copper-Nickel Alloys in Renewable Energy Projects
5.5 Impact Analysis
6. Copper-Nickel Alloys - Global Market Analysis
6.1 Copper-Nickel Alloys Market Overview
6.2 Copper-Nickel Alloys Market -Volume and Forecast to 2028 (Kilo Tons)
6.3 Copper-Nickel Alloys Market -Revenue and Forecast to 2028 (US$ Million)
6.4 Competitive Positioning - Key Market Players
7. Copper-Nickel Alloys Market Analysis - By Product Type
7.1 Overview
7.2 Copper-Nickel Alloys Market, By Product Type (2021 and 2028)
7.3 Rods and Bars
7.3.1 Overview
7.3.2 Rods and Bars: Copper-Nickel Alloys Market - Volume and Forecast to 2028 (Kilo Tons)
7.3.3 Rods and Bars: Copper-Nickel Alloys Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Wires
7.4.1 Overview
7.4.2 Wires: Copper-Nickel Alloys Market - Volume and Forecast to 2028 (Kilo Tons)
7.4.3 Wires: Copper-Nickel Alloys Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Tubes
7.5.1 Overview
7.5.2 Tubes: Copper-Nickel Alloys Market - Volume and Forecast to 2028 (Kilo Tons)
7.5.3 Tubes: Copper-Nickel Alloys Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Copper-Nickel Alloys Market - Volume and Forecast to 2028 (Kilo Tons)
7.6.3 Others: Copper-Nickel Alloys Market - Revenue and Forecast to 2028 (US$ Million)

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Phone: +1-646-491-9876

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