Monel is a solid-solution binary alloy. As nickel and copper are mutually soluble in all proportions, it is a single-phase alloy. Compared to steel, Monel is very difficult to machine as it work-hardens very quickly. It needs to be turned and worked at slow speeds and low feed rates. It is resistant to corrosion and acids, and some alloys can withstand a fire in pure oxygen.
This report contains market size and forecasts of Monel in global, including the following market information:
Global Monel Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Monel Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Monel companies in 2021 (%)
The global Monel market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Monel 400 Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Monel include ArcelorMittal, Baosteel, JFE Steel Corporation, Special Metals Corporation, Asiadsteels, Stainless Shapes, Metal Industries, Continental Steel&Tube Company and Magellan Metals, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Monel 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 Monel Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Monel Market Segment Percentages, by Type, 2021 (%)
Monel 400
Monel 401
Monel 404
Monel 405
Monel 450
Monel K-500
Monel R-405
Monel 502
Global Monel Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Monel Market Segment Percentages, by Application, 2021 (%)
Aerospace Applications
Oil Production and Refining
Marine Application
Musical Instrument
Other
Global Monel Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Monel Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Monel revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Monel revenues share in global market, 2021 (%)
Key companies Monel sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Monel sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ArcelorMittal
Baosteel
JFE Steel Corporation
Special Metals Corporation
Asiadsteels
Stainless Shapes
Metal Industries
Continental Steel&Tube Company
Magellan Metals
Renine Metalloys
Metallica Metals
Jaydeep Steels
Metal Udyog