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  • Writer's picturemegha chitare

Nickel Chrome Market, Global Outlook and Forecast 2024-2030

The global Nickel Chrome market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


The USA market for Global Nickel Chrome market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.



The China market for Global Nickel Chrome market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


The Europe market for Global Nickel Chrome market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


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.


This report aims to provide a comprehensive presentation of the global market for Nickel Chrome, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Nickel Chrome. This report contains market size and forecasts of Nickel Chrome in global, including the following market information:


  • Global Nickel Chrome Market Revenue, 2018-2024, 2024-2030, ($ millions)

  • Global Nickel Chrome Market Sales, 2018-2024, 2024-2030, (Ton)

  • Global top five Nickel Chrome companies in 2022 (%)


The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges.

We surveyed the Nickel Chrome manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:


Global Nickel Chrome Market, by Type, 2018-2024, 2024-2030 ($ Millions) & (Ton)

Global Nickel Chrome Market Segment Percentages, by Type, 2022 (%)


  • Round Wire

  • Flat Wire

  • Square Wire

  • Bars

  • Shaped Profiles


Global Nickel Chrome Market, by Application, 2018-2024, 2024-2030 ($ Millions) & (Ton)

Global Nickel Chrome Market Segment Percentages, by Application, 2022 (%)


  • Resistors

  • Home Appliances

  • Industrial


Global Nickel Chrome Market, By Region and Country, 2018-2024, 2024-2030 ($ Millions) & (Ton)

Global Nickel Chrome Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies Nickel Chrome revenues in global market, 2018-2024 (Estimated), ($ millions)

  • Key companies Nickel Chrome revenues share in global market, 2022 (%)

  • Key companies Nickel Chrome sales in global market, 2018-2024 (Estimated), (Ton)

  • Key companies Nickel Chrome sales share in global market, 2022 (%)

key players include:


  • Deutsche Nickel GmbH

  • Alloy Wire International

  • VZPS

  • Sandvik

  • Tokyo Resistance Wire

  • Jiangsu Huaxin Alloy

  • Changshu Electric Heating


Outline of Major Chapters:

Chapter 1: Introduces the definition of Nickel Chrome, market overview.

Chapter 2: Global Nickel Chrome market size in revenue and volume.

Chapter 3: Detailed analysis of Nickel Chrome manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Nickel Chrome in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Nickel Chrome capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.


Table of content

1 Introduction to Research & Analysis Reports1.1 Nickel Chrome Market Definition1.2 Market Segments1.2.1 Market by Type1.2.2 Market by Application1.3 Global Nickel Chrome Market Overview1.4 Features & Benefits of This Report1.5 Methodology & Sources of Information1.5.1 Research Methodology1.5.2 Research Process1.5.3 Base Year1.5.4 Report Assumptions & Caveats2 Global Nickel Chrome Overall Market Size2.1 Global Nickel Chrome Market Size: 2022 VS 20302.2 Global Nickel Chrome Revenue, Prospects & Forecasts: 2018-20302.3 Global Nickel Chrome Sales: 2018-20303 Company Landscape3.1 Top Nickel Chrome Players in Global Market3.2 Top Global Nickel Chrome Companies Ranked by Revenue3.3 Global Nickel Chrome Revenue by Companies3.4 Global Nickel Chrome Sales by Companies3.5 Global Nickel Chrome Price by Manufacturer (2018-2024)3.6 Top 3 and Top 5 Nickel Chrome Companies in Global Market, by Revenue in 20223.7 Global Manufacturers Nickel Chrome Product Type3.8 Tier 1, Tier 2 and Tier 3 Nickel Chrome Players in Global Market3.8.1 List of Global Tier 1 Nickel Chrome Companies3.8.2 List of Global Tier 2 and Tier 3 Nickel Chrome Companies4 Sights by Product4.1 Overview4.1.1 By Type - Global Nickel Chrome Market Size Markets, 2022 & 20304.1.2 Round Wire4.1.3 Flat Wire4.

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