Home > Chemicals & Materials > Advanced Materials > Shape Memory Alloys Market

Shape Memory Alloys Market Share

  • Report ID: GMI3261
  • Published Date: Apr 2019
  • Report Format: PDF
 Download Free Sample

Shape Memory Alloys Market Share

The major companies in the shape memory alloys market are:

  • Allegheny Technologies Incorporated
  • SAES Getters
  • Johnson Matthey
  • Nippon Steel
  • Sumitomo Metal
  • Furukawa Electric
  • Fort Wayne Metals
  • Xian Saite Metal Materials Development
  • Nippon Seisen
  • Seabird Metal Material
  • Dynalloy
  • Ultimate Niti Technologies
  • Metalwerks
  • Euroflex
  • Stanford Materials
  • Sunrise Titanium Technology.
     

Companies in the shape memory alloys industry use strategies such as mergers and acquisitions along with significant investments in research and development to increase their competitiveness. Long-term supply agreements between manufacturers and end-users are also common in the industry. Allegheny Technologies’ agreement with Pratt & Whitney for the supply of nickel-based alloys for manufacturing next generation jet engines is an example of this trend.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

With an annual valuation of around USD 9 billion in 2018, the industry is expected to register over 12% CAGR through 2025 owing to major automotive, biomedical and aerospace & defense applications globally.

Nitinol or NiTi is expected to be the highest consumed shape memory alloy, with demand witnessing a 12% up to 2025 due exceptional thermo-mechanical properties, high practicability and superior stability.

The market share is anticipated to record nearly 11% CAGR through 2025 from biomedical applications, as the alloys are used in the making of catheters, dental implants and stents, among other medical products.

Asia Pacific shape memory alloys industry size is expected to reach over 14% CAGR in the coming years owing to a considerable rise in disposable incomes, government spending on infrastructure and the rising population.

Shape Memory Alloys Market Scope

  • Shape Memory Alloys Market Size
  • Shape Memory Alloys Market Analysis
  • Shape Memory Alloys Market Share

    • Buy Now

    Premium Report Details

    • Base Year: 2018
    • Companies covered: 19
    • Tables & Figures: 336
    • Countries covered: 19
    • Pages: 210
     Download Free Sample
    ×
    Get a free sample of Shape Memory Alloys Market
    Inquiry Before Buying
    Get special pricing options on this report
    Request Sectional Data
    Over 70% of our clients customize reports to fit their needs. Please tell us how you would like to customize yours below

    Your personal details will remain secure and confidential.