Nichrome alloy is also known as nickel-chrome, nickel-chromium alloy, chromium-nickel alloy, nickel chromium lump, nickel chromium powder, etc. Nichrome alloy can be defined as an alloy consisting of various alloys of nickel, chromium, and iron. Nichrome is one of the oldest forms of resistance heating alloy. Nichrome alloy generally consists of 80% nickel and 20% chromium by mass. Additionally, as per application, there are various other combinations of metals. Nichrome is silvery grey in color and has high melting point of about 1,400°celcius. Nichrome alloy has low manufacturing cost, besides strength, ductility, resistance to oxidation, and stability at high temperature. It also has good resistance power to flow the electrons. These unique properties of nichrome alloy make them suitable for applications such as hair dryers and heat guns. Nichrome alloy has high resistance power to oxidation. This property makes nichrome a suitable material for use of heating elements. Heating elements in household appliances are made of thick nichrome wire. During this process, nichrome is wound in coils to a certain electrical resistance before current is passed through to produce heat. When nichrome is heated in high temperature, it develops an outer layer of chromium oxide, unlike other metals which begin to oxidize when heated in air.
In this report, we mainly study Deutsche Nickel GmbH, Tokyo Wire Works, Sandvik, VZPS, Tokyo Resistance Wire, Jiangsu Huaxin Alloy, TOKUSAI and Alloy Wire International. Efficiency, higher yield, environment-friendly, a ccessibility to stable feedstock supply, and low costs are some of the key manufacturers focus on.
Market Analysis and Insights: Global Nichrome Alloy Market
In 2019, the global Nichrome Alloy market size was US$ XX million and it is expected to reach US$ XX million by the end of 2026, with a CAGR of XX% during 2021-2026.
Global Nichrome Alloy Scope and Market Size
Nichrome Alloy market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Nichrome Alloy market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Nichrome Alloy market is segmented into
Round Wire
Flat Wire
Square Wire
Bars
Shaped Profiles
Segment by Application, the Nichrome Alloy market is segmented into
Resistors
Home Appliances
Industrial
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Nichrome Alloy market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Nichrome Alloy product introduction, recent developments, Nichrome Alloy sales by region, type, application and by sales channel.
The major companies include:
Deutsche Nickel GmbH
Tokyo Wire Works
Sandvik
VZPS
Tokyo Resistance Wire
Jiangsu Huaxin Alloy
TOKUSAI
Alloy Wire International
In this report, we mainly study Deutsche Nickel GmbH, Tokyo Wire Works, Sandvik, VZPS, Tokyo Resistance Wire, Jiangsu Huaxin Alloy, TOKUSAI and Alloy Wire International. Efficiency, higher yield, environment-friendly, a ccessibility to stable feedstock supply, and low costs are some of the key manufacturers focus on.
Market Analysis and Insights: Global Nichrome Alloy Market
In 2019, the global Nichrome Alloy market size was US$ XX million and it is expected to reach US$ XX million by the end of 2026, with a CAGR of XX% during 2021-2026.
Global Nichrome Alloy Scope and Market Size
Nichrome Alloy market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Nichrome Alloy market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Nichrome Alloy market is segmented into
Round Wire
Flat Wire
Square Wire
Bars
Shaped Profiles
Segment by Application, the Nichrome Alloy market is segmented into
Resistors
Home Appliances
Industrial
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Competitive Landscape
and Nichrome Alloy Market Share AnalysisNichrome Alloy market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Nichrome Alloy product introduction, recent developments, Nichrome Alloy sales by region, type, application and by sales channel.
The major companies include:
Deutsche Nickel GmbH
Tokyo Wire Works
Sandvik
VZPS
Tokyo Resistance Wire
Jiangsu Huaxin Alloy
TOKUSAI
Alloy Wire International
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.