The Europe copper-nickel alloys market is expected to grow from US$ 1,077.51 million in 2022 to US$ 1,490.58 million by 2028. It is estimated to grow at a CAGR of 5.6% from 2022 to 2028.
Aesteiron Steels LLP, American Elements Inc, Aviva Metals Inc, Columbia Metals Ltd, Corrotherm International Ltd, Fisk Alloy Inc, Hexion Steel Ltd, Kalikund Steel and Engg Co, Lebronze Alloys SAS, and Materion Corp are the leading companies operating in the Europe copper-nickel alloys market.
Widespread Applications of Copper-Nickel Alloys is Bolstering the Europe Copper-Nickel Alloys Market
Copper-nickel alloys are used in various industries, including shipbuilding, oil & gas, aerospace, automotive, paper & pulp, and food & beverages. In the marine industry, the alloys are used to fabricate components and pipe fittings for ships and seagoing vessels. In the offshore oil & gas industry, piping systems, valves, and pumps are typically made of Cu-Ni (90-10) alloys as they offer excellent resistance to corrosion and macro fouling and have good weldability. Legs and risers of offshore oil & gas platforms made of steel are prone to high corrosion caused by aerated sea spray, waves, and tidal actions. As copper-nickel alloys withstand high corrosion rates, they are extensively used as sheathing on oil and gas platforms. Moreover, the alloys are used in floating production storage and offloading (FPSO) vessels in the offshore oil & gas industry. The rising crude oil demand is expected to provide strong growth potential to the copper-nickel alloys market. With increase in oil consumption, the oil & gas industry is expected to witness massive growth over the forecast period which will significantly drive the demand for copper-nickel alloys. In the automotive industry, copper-nickel alloys are used to design brakes, hydraulic suspension systems, and cooling systems, as these alloys do not require surface protection. In the power generation industry, copper-nickel alloys are utilized for steam condensers and steam inlet zones, which require strong corrosion resistance. Further, in paper mills and the textile industry, vessels, pipe fittings, castings, and forgings are usually made of copper-nickel alloys to prevent resistance from paper pulp, inks and dyes, and other chemicals. In the food & beverage industry, multi-stage evaporators, feedwater heaters, agitators, filtration systems, sieves, mixers, and pipelines are made of copper-nickel alloys to withstand the corrosion caused by acidic food and beverages. Further, copper-nickel alloys are used in medical equipment due to their strong antimicrobial properties, which reduce the risk of cross-contamination and infections. Therefore, the widespread applications of copper-nickel alloys in different end-use industries fuel the growth of the Europe copper-nickel alloys market .Market Overview
The Europe copper-nickel alloys market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Along with the growing population, the demand for energy resources is rapidly increasing from renewable and non-renewable sources. Copper-nickel alloys are widely used in the oil coolers and auxiliary cooling systems of nuclear power plants. Countries in the European Union (EU) are supporting the green transition by phasing out coal energy to minimize the impact of climate change and limit global warming to 1.5°C. In May 2022, the European Commission unveiled a plan, "REPower EU," that aims to organize approximately US$ 328 billion in loans and grants to reduce the restrictions on green technology and expand the EU's targets for renewable energy from 40% in 2020 to 45% of all total energy produced by 2030. Copper-nickel pipes and components are used in steam turbine condensers and high-pressure pre-heaters at thermal power plants. Therefore, the growing support for renewable energy production in Europe is anticipated to drive the demand for copper-nickel alloys in the coming years. In addition, according to the International Organization of Motor Vehicle Manufacturers (OICA), the EU produced 13.0 million vehicles in 2021. Copper-nickel alloys find different applications in the automotive industry, such as brake lines, axles, and bellows. Hence, the rising automotive industry is expected to propel the Europe copper-nickel alloys market.Europe Copper-Nickel Alloys Market Segmentation
The Europe copper-nickel alloys market is segmented based on product type, application, and country.- Based on product type, the Europe copper-nickel alloys market is segmented into rods & bars, wires, tubes, and others. The rods & bars segment held the largest market share in 2022.
- Based on application, the Europe copper-nickel alloys market is segmented into chemical processing, marine, power generation, oil & gas, automotive & aerospace, and others. The marine segment held the largest market share in 2022.
- Based on country, the Europe copper-nickel alloys market has been categorized into the UK, Germany, France, Italy, Russia, and the Rest of Europe. Our regional analysis states that the Rest of Europe dominated the market in 2022.
Aesteiron Steels LLP, American Elements Inc, Aviva Metals Inc, Columbia Metals Ltd, Corrotherm International Ltd, Fisk Alloy Inc, Hexion Steel Ltd, Kalikund Steel and Engg Co, Lebronze Alloys SAS, and Materion Corp are the leading companies operating in the Europe copper-nickel alloys market.
Table of Contents
1. Introduction1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Copper-Nickel Alloys Market, by Product Type
1.3.2 Europe Copper-Nickel Alloys Market, by Application
1.3.3 Europe Copper-Nickel Alloys Market, by Country
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. Europe 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. Europe 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
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 Market - Europe Analysis
6.1 Europe Copper-Nickel Alloys Market -Volume and Forecast to 2028 (Kilo Tons)
6.2 Europe Copper-Nickel Alloys Market -Revenue and Forecast to 2028 (US$ Million)
7. Europe Copper-Nickel Alloys Market Analysis - By Product Type
7.1 Overview
7.2 Europe 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)
8. Europe Copper-Nickel Alloys Market Analysis - By Application
8.1 Overview
8.2 Europe Copper-Nickel Alloys Market, By Application (2021 and 2028)
8.3 Chemical Processing
8.3.1 Overview
8.3.2 Chemical Processing: Copper-Nickel Alloys Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Marine
8.4.1 Overview
8.4.2 Marine: Copper-Nickel Alloys Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Power Generation
8.5.1 Overview
8.5.2 Power Generation: Copper-Nickel Alloys Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Oil and Gas
8.6.1 Overview
8.6.2 Oil and Gas: Copper-Nickel Alloys Market - Revenue and Forecast to 2028 (US$ Million)
8.7 Automotive and Aerospace
8.7.1 Overview
8.7.2 Automotive and Aerospace: Copper-Nickel Alloys Market - Revenue and Forecast to 2028 (US$ Million)
8.8 Others
8.8.1 Overview
8.8.2 Others: Copper-Nickel Alloys Market - Revenue and Forecast to 2028 (US$ Million)
9. Europe Copper-Nickel Alloys Market - Country Analysis
9.1 Overview
9.1.1 Europe: Copper-Nickel Alloys Market, by Key Country
9.1.1.1 Germany: Copper-Nickel Alloys Market-Volume and Forecast to 2028 (Kilo Tons)
9.1.1.2 Germany: Copper-Nickel Alloys Market-Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Germany: Copper-Nickel Alloys Market, by Product Type
9.1.1.2.2 Germany: Copper-Nickel Alloys Market, by Product Type
9.1.1.2.3 Germany: Copper-Nickel Alloys Market, by Application
9.1.1.3 France: Copper-Nickel Alloys Market-Volume and Forecast to 2028 (Kilo Tons)
9.1.1.4 France: Copper-Nickel Alloys Market-Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 France: Copper-Nickel Alloys Market, by Product Type
9.1.1.4.2 France: Copper-Nickel Alloys Market, by Product Type
9.1.1.4.3 France: Copper-Nickel Alloys Market, by Application
9.1.1.5 Italy: Copper-Nickel Alloys Market-Volume and Forecast to 2028 (Kilo Tons)
9.1.1.6 Italy: Copper-Nickel Alloys Market-Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Italy: Copper-Nickel Alloys Market, by Product Type
9.1.1.6.2 Italy: Copper-Nickel Alloys Market, by Product Type
9.1.1.6.3 Italy: Copper-Nickel Alloys Market, by Application
9.1.1.7 UK: Copper-Nickel Alloys Market-Volume and Forecast to 2028 (Kilo Tons)
9.1.1.8 UK: Copper-Nickel Alloys Market-Revenue and Forecast to 2028 (US$ Million)
9.1.1.8.1 UK: Copper-Nickel Alloys Market, by Product Type
9.1.1.8.2 UK: Copper-Nickel Alloys Market, by Product Type
9.1.1.8.3 UK: Copper-Nickel Alloys Market, by Application
9.1.1.9 Russia: Copper-Nickel Alloys Market-Volume and Forecast to 2028 (Kilo Tons)
9.1.1.10 Russia: Copper-Nickel Alloys Market-Revenue and Forecast to 2028 (US$ Million)
9.1.1.10.1 Russia: Copper-Nickel Alloys Market, by Product Type
9.1.1.10.2 Russia: Copper-Nickel Alloys Market, by Product Type
9.1.1.10.3 Russia: Copper-Nickel Alloys Market, by Application
9.1.1.11 Rest of Europe: Copper-Nickel Alloys Market - Volume and Forecast to 2028 (Kilo Tons)
9.1.1.12 Rest of Europe: Copper-Nickel Alloys Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.12.1 Rest of Europe: Copper-Nickel Alloys Market, by Product Type
9.1.1.12.2 Rest of Europe: Copper-Nickel Alloys Market, by Product Type
9.1.1.12.3 Rest of Europe: Copper-Nickel Alloys Market, by Application
10. Company Profiles
10.1 Corrotherm International Ltd
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Fisk Alloy Inc
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Lebronze Alloys SAS
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 Materion Corp
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 Aesteiron Steels LLP
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 Columbia Metals Ltd
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 American Elements Inc
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments
10.8 Hexion Steel Ltd
10.8.1 Key Facts
10.8.2 Business Description
10.8.3 Products and Services
10.8.4 Financial Overview
10.8.5 SWOT Analysis
10.8.6 Key Developments
10.9 Aviva Metals Inc
10.9.1 Key Facts
10.9.2 Business Description
10.9.3 Products and Services
10.9.4 Financial Overview
10.9.5 SWOT Analysis
10.9.6 Key Developments
10.10 Kalikund Steel and Engg Co
10.10.1 Key Facts
10.10.2 Business Description
10.10.3 Products and Services
10.10.4 Financial Overview
10.10.5 SWOT Analysis
10.10.6 Key Developments
11. Appendix
11.1 About the Publisher
11.2 Glossary of Terms
Table 1. Europe Copper-Nickel Alloys Market -Volume and Forecast to 2028 (Kilo Tons)
Table 2. Europe Copper-Nickel Alloys Market -Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany Copper-Nickel Alloys Market, by Product Type - Volume and Forecast to 2028 (Kilo Tons)
Table 4. Germany Copper-Nickel Alloys Market, by Product Type - Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany Copper-Nickel Alloys Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 6. France Copper-Nickel Alloys Market, by Product Type - Volume and Forecast to 2028 (Kilo Tons)
Table 7. France Copper-Nickel Alloys Market, by Product Type - Revenue and Forecast to 2028 (US$ Million)
Table 8. France Copper-Nickel Alloys Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 9. Italy Copper-Nickel Alloys Market, by Product Type - Volume and Forecast to 2028 (Kilo Tons)
Table 10. Italy Copper-Nickel Alloys Market, by Product Type - Revenue and Forecast to 2028 (US$ Million)
Table 11. Italy Copper-Nickel Alloys Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 12. UK Copper-Nickel Alloys Market, by Product Type - Volume and Forecast to 2028 (Kilo Tons)
Table 13. UK Copper-Nickel Alloys Market, by Product Type - Revenue and Forecast to 2028 (US$ Million)
Table 14. UK Copper-Nickel Alloys Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 15. Russia: Copper-Nickel Alloys Market, by Product Type- Volume and Forecast to 2028 (Kilo Tons)
Table 16. Russia: Copper-Nickel Alloys Market, by Product Type- Revenue and Forecast to 2028 (US$ Million)
Table 17. Russia: Copper-Nickel Alloys Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of Europe Copper-Nickel Alloys Market, by Product Type - Volume and Forecast to 2028 (Kilo Tons)
Table 19. Rest of Europe Copper-Nickel Alloys Market, by Product Type - Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of Europe Copper-Nickel Alloys Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 21. Glossary of Terms
Figure 1. Europe Copper-Nickel Alloys Market Segmentation
Figure 2. Europe Copper-Nickel Alloys Market Segmentation - By Country
Figure 3. Europe Copper-Nickel Alloys Market Overview
Figure 4. Europe Copper-Nickel Alloys Market, By Product Type
Figure 5. Europe Copper-Nickel Alloys Market, by Country
Figure 6. Porter’s Five Forces Analysis
Figure 7. Ecosystem: Europe Copper-Nickel Alloys Market
Figure 8. Expert Opinion
Figure 9. Europe Copper-Nickel Alloys Market Impact Analysis of Drivers and Restraints
Figure 10. Europe Copper-Nickel Alloys Market - Volume and Forecast to 2028 (Kilo Tons)
Figure 11. Europe Copper-Nickel Alloys Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. Europe Copper-Nickel Alloys Market Revenue Share, By Product Type (2021 and 2028)
Figure 13. Rods and Bars: Europe Copper-Nickel Alloys Market - Volume and Forecast To 2028 (Kilo Tons)
Figure 14. Rods and Bars: Europe Copper-Nickel Alloys Market - Revenue and Forecast To 2028 (US$ Million)
Figure 15. Wires: Europe Copper-Nickel Alloys Market - Volume and Forecast To 2028 (Kilo Tons)
Figure 16. Wires: Europe Copper-Nickel Alloys Market - Revenue and Forecast To 2028 (US$ Million)
Figure 17. Tubes: Europe Copper-Nickel Alloys Market - Volume and Forecast To 2028 (Kilo Tons)
Figure 18. Tubes: Europe Copper-Nickel Alloys Market - Revenue and Forecast To 2028 (US$ Million)
Figure 19. Others: Europe Copper-Nickel Alloys Market - Volume and Forecast To 2028 (Kilo Tons)
Figure 20. Others: Europe Copper-Nickel Alloys Market - Revenue and Forecast To 2028 (US$ Million)
Figure 21. Europe Copper-Nickel Alloys Market Revenue Share, By Application (2021 and 2028)
Figure 22. Chemical Processing: Europe Copper-Nickel Alloys Market - Revenue and Forecast To 2028 (US$ Million)
Figure 23. Marine: Europe Copper-Nickel Alloys Market - Revenue and Forecast To 2028 (US$ Million)
Figure 24. Power Generation: Europe Copper-Nickel Alloys Market - Revenue and Forecast To 2028 (US$ Million)
Figure 25. Oil and Gas: Europe Copper-Nickel Alloys Market - Revenue and Forecast To 2028 (US$ Million)
Figure 26. Automotive and Aerospace: Europe Copper-Nickel Alloys Market - Revenue and Forecast To 2028 (US$ Million)
Figure 27. Others: Europe Copper-Nickel Alloys Market - Revenue and Forecast To 2028 (US$ Million)
Figure 28. Europe: Copper-Nickel Alloys Market, by Key Country - Revenue (2021) (US$ ‘Million)
Figure 29. Europe: Copper-Nickel Alloys Market Revenue Share, by Key Country (2021 and 2028)
Figure 30. Germany: Copper-Nickel Alloys Market-Volume and Forecast to 2028 (Kilo Tons)
Figure 31. Germany: Copper-Nickel Alloys Market-Revenue and Forecast to 2028 (US$ Million)
Figure 32. France: Copper-Nickel Alloys Market-Volume and Forecast to 2028 (Kilo Tons)
Figure 33. France: Copper-Nickel Alloys Market-Revenue and Forecast to 2028 (US$ Million)
Figure 34. Italy: Copper-Nickel Alloys Market-Volume and Forecast to 2028 (Kilo Tons)
Figure 35. Italy: Copper-Nickel Alloys Market-Revenue and Forecast to 2028 (US$ Million)
Figure 36. UK: Copper-Nickel Alloys Market-Volume and Forecast to 2028 (Kilo Tons)
Figure 37. UK: Copper-Nickel Alloys Market-Revenue and Forecast to 2028 (US$ Million)
Figure 38. Russia: Copper-Nickel Alloys Market- Volume and Forecast to 2028 (Kilo Tons)
Figure 39. Russia: Copper-Nickel Alloys Market-Revenue and Forecast to 2028 (US$ Million)
Figure 40. Rest of Europe: Copper-Nickel Alloys Market - Volume and Forecast to 2028 (Kilo Tons)
Figure 41. Rest of Europe: Copper-Nickel Alloys Market -Revenue and Forecast to 2028 (US$ Million)
Companies Mentioned
- Aesteiron Steels LLP
- American Elements Inc
- Aviva Metals Inc
- Columbia Metals Ltd
- Corrotherm International Ltd
- Fisk Alloy Inc
- Hexion Steel Ltd
- Kalikund Steel and Engg Co
- Lebronze Alloys SAS
- Materion Corp
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 120 |
| Published | January 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 1077.51 Million |
| Forecasted Market Value ( USD | $ 1490.58 Million |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 10 |
