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Nickel Based Metal Porous Materials Market Size is Estimated to Reach US$523.7 Million by 2027 – IndustryARC

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Nickel Based Metal Porous Materials Market Size is Estimated to Reach US$523.7 Million by 2027 – IndustryARC

September 15
10:36 2022
Nickel Based Metal Porous Materials Market Size is Estimated to Reach US$523.7 Million by 2027 - IndustryARC
Market Research Reports, Business Consulting Services & Analytics
The Rapidly Rising Production And Consumption Of Batteries has Raised The Demand For Nickel Based Metal Porous Materials Market in Recent Years.

Nickel Based Metal Porous Materials Market size is forecast to reach US$523.7 million by 2027, after growing at a CAGR of 4.0% from 2022 to 2027. Globally, the rising demand for nickel based metal porous materials owing to its electrical and thermal conductivity, large specific surface area, high specific strength, good sound absorption and noise reduction capabilities, and great permeability in several end-use sectors is estimated to drive the market growth. Currently, with the rise in nickel battery production the demand for nickel based metal porous materials has increased. The Nickel Based Metal Porous Materials Market report by IndustryARC covers complete analysis of the market, its major segments, growth factors, trends, drivers and challengers, key players and more.

 

Competitive Landscape :

The top 5 players in the Nickel Based Metal Porous Materials Industry are –

1. Martin Kurz & Company

2. GKN

3. MTIKorea

4. Exxentis

5. HENGKO Technology

 

Interested in knowing more relevant information? Click here :

https://www.industryarc.com/pdfdownload.php?id=511432

 

Segmental Analysis :

1. Sintered porous metal held the largest share in the nickel based metal porous materials market and is expected to continue its dominance over the period 2022-2027.

2. Sintered porous nickel owing to its low pressure loss, good air permeability, uniform pore size, small initial resistance, high porosity, easy back blowing, easy cleaning, strong regeneration ability and long service life, is widely preferred in the nickel based metal porous materials industry.

3. The food and beverage sector dominated the nickel based metal porous materials market with 27.2% in 2021 and is projected to grow at a CAGR of 4.5% during 2022-2027. Increasing usage of sintered porous metal filter in the food and beverage purification and filtering has driven the growth of the industry.

4. Asia-Pacific region dominated the nickel based metal porous materials market with a share of 43.5% in 2021. The market in the region is witnessing expansions with increasing government investments for the growth of the chemical and petrochemical, refineries, electronics, automotive, medical, and other end-use sectors in the emerging economies such as China, India, and Japan.

 

Report Coverage

Report Attributes

Details

By Type

Sintered Porous Metal, Metal Fiber Felt, Nickel Foam, and Others

 

By Application

Chemical and Petrochemical, Refineries, Electronics, Automotive, Medical, Food and Beverage, Nuclear, and Others

 

By Geography

North America, Europe, Asia-Pacific, South America and Rest of World

 

 

 

Get more detailed information about these segments in the report. Buy it here :

https://www.industryarc.com/reports/request-quote?id=511432

 

Market Drivers and Challenges :

1. owing to the nickel fiber felt electrode advantages such as high porosity, large specific surface area, low internal resistance, extended service life, quick charging, high specific power, and others, has driven its demand in the battery production.

2. Currently, with the rise in nickel battery production the demand for nickel based metal porous materials has increased. For instance, in January 2022, Tesla entered into a new agreement to get nickel for battery cell manufacture from a new mine in the United States.

3. Global automakers such as BMW AG and General Motors Co. also planned to release new EVs outfitted with high-nickel batteries manufactured by Samsung SDI and LG Energy, respectively. Thus, with such initiatives the demand for nickel based metal porous materials in the production of batteries is further estimated to rise over the projected period.

 

Why IndustryARC?

IndustryARC is one of the leading market research and consulting firms in the world. It produces over 500 unique market reports annually. Get detailed report on preferred market as per your specific requirements and our research experts would customize the report for you.

Email : [email protected]

USA : (+1) 614-588-8538,  (+1) 815-656-4596

 

Similar Reports :

A. Nickel Market

https://www.industryarc.com/Research/Nickel-Market-Research-509384

B. Global Nickel Based Alloys Tube Market

https://www.industryarc.com/Research/Global-Nickel-Based-Alloys-Tube-Industry-Market-Research-511664

Media Contact
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City: Hyderabad
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Website: https://www.industryarc.com/Research/Nickel-Based-Metal-Porous-Materials-Market-Research-511432

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