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Copper-Nickel Alloys Market Detailed Analysis of Current Scenario with Growth Forecasts to 2028

07-25-2024 08:50 AM CET | Chemicals & Materials

Press release from: Premium Market Insights

Copper-Nickel Alloys Market Forecast To 2028 - COVID-19 Impact And Global Analysis By Product Type (Rods & Bars, Wires, Tubes, And Others) And Application (Chemical Processing, Marine, Power Generation, Oil & Gas, Automotive & Aerospace, And Others) 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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Competitive Landscape: Copper-Nickel Alloys Market:
Copper-nickel alloy is produced by combining copper and nickel, along with the addition of less than 0.5% of other metals. The composition of copper and nickel varies in copper-nickel alloys, wherein copper content ranges from 60% to 90%. The formation of alloys is followed by the fabrication process.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.

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.

Chapter Details of Copper-Nickel Alloys Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Copper-Nickel Alloys Market Landscape
Part 04: Copper-Nickel Alloys Market Sizing
Part 05: Copper-Nickel Alloys Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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