About Nickel Alloys Market
Nickel alloys have nickel as the primary element with other metal elements such as copper, aluminum, iron, and chromium. They are used widely in industrial applications such as jet-engine blades and deep-sea mining due to its capability to withstand high temperatures and pressures and due to its resistance to corrosion. Additionally, nickel alloys are used to generate geothermal energy owing to high resistance to corrosion when compared with other alternatives.
The market is also witnessing an increase in the consumption of stainless steel. Extensive use of stainless steel across various end-use applications such as in construction, transportation, industrial machinery, household appliances, and electronics is leading to the growth of the global nickel alloys market.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Nickel Alloys Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Nickel Alloys Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
Category constraints
Procurement best practices
Key questions answered in this report
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Nickel alloys have nickel as the primary element with other metal elements such as copper, aluminum, iron, and chromium. They are used widely in industrial applications such as jet-engine blades and deep-sea mining due to its capability to withstand high temperatures and pressures and due to its resistance to corrosion. Additionally, nickel alloys are used to generate geothermal energy owing to high resistance to corrosion when compared with other alternatives.
The market is also witnessing an increase in the consumption of stainless steel. Extensive use of stainless steel across various end-use applications such as in construction, transportation, industrial machinery, household appliances, and electronics is leading to the growth of the global nickel alloys market.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Nickel Alloys Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Nickel Alloys Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
- Rapid growth of the end-user segments
- For a full, detailed list, view our report
Category constraints
- The lack of transparency while engaging with third-party vendors
- For a full, detailed list, view our report
Procurement best practices
- To involve in hedging for procurement of raw materials
- For a full, detailed list, view our report
Key questions answered in this report
- What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers?
- What are the constraints to category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 1: CATEGORY AT A GLANCE- TAKEAWAY 01 - Market Overview
- TAKEAWAY 02 - Demand and Supply Snapshot
- TAKEAWAY 03 - Key Market Dynamics
- TAKEAWAY 04 - Supply Market Highlights
- TAKEAWAY 05 - Pricing Insights
- TAKEAWAY 06 - Procurement Insights
PART 2: SCOPE OF THE REPORT
- Category Definition
- Research Methodology
PART 3: MARKET INSIGHTS
- Category Spend Analysis
- Category Maturity by Regions
- Demand-Supply Shifts
- Regional Demand-Supply Snapshot
- Market Developments
- Regional Impact of Trends
- Key Category Growth Drivers and Corresponding Regional Impacts
- Major Category Growth Constraints and Corresponding Regional Impacts
- Key Current Technological Innovations
- Major Regulatory Frameworks
- Strategic Sustainability Practices
- Porter’s Five Forces
- PESTLE Analysis
PART 4: SUPPLY MARKET INSIGHTS
- Supplier Operational Capability Matrix
- Other Prominent Suppliers by Region: Operational Capability Matrix
- Supplier Functional Capability Matrix
- Other Prominent Suppliers by Region: Functional Capability Matrix
- Key Clients/Partners
- Supplier Cost Breakup
- Supplier Positioning Matrix
PART 5: PRICING INSIGHTS
- Pricing Models Snapshot
- Pricing Models - Pros and Cons
- Indicative Pricing
PART 6: PROCUREMENT INSIGHTS
- Major Category Requirements
- Major Procurement Pain Points
- Category Sourcing Evolution Matrix
- Procurement Best Practices
- Cost-saving Opportunities
- Supplier Selection Criteria
- Category Negotiation Strategies
- SLA Terms
- Supplier Evaluation Criteria
- Category Risk Analysis
PART 7: TOP FIVE SUPPLIERS
- Aperam
- ATI
- Carpenter Technology
- ThyssenKrupp
- Haynes International
PART 8: APPENDIX
- Glossary
- Key Notes
- About
Executive Summary
New Report Released: Global Nickel Alloys Category - Procurement Market Intelligence Report 2018-2022.The author of the report recognizes the following companies as the key suppliers in the Global Nickel Alloys Category - Procurement Market Intelligence Report: Aperam, ATI, Carpenter Technology, ThyssenKrupp, and Haynes International.
Commenting on the report, an analyst from the research team said: “One of the procurement best practices for buyers is to ensure that suppliers are involved in forward contract or hedging for procurement of raw materials.”
According to the report, one of the key growth contributors for the global nickel alloys market is the rise in demand for nickel-based metallic powders for additive manufacturing in end-user industries such as aerospace, defense, oil and gas, and automotive.
Further, the report states that major procurement challenge experienced by the buyers is the lack of transparency regarding engaging with third-party vendors for procurement of raw materials. Suppliers of nickel alloys engage with third-party vendors for the procurement of raw materials such as nickel, iron, copper, and chromium.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.
Companies Mentioned
- Aperam
- ATI
- Carpenter Technology
- ThyssenKrupp
- Haynes International
Methodology
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