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.
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.
Market Analysis and Insights: Global Nickel-chromium Alloy Wire Market
The global Nickel-chromium Alloy Wire market was valued at US$ XX in 2020 and will reach US$ XX million by the end of 2027, growing at a CAGR of XX% during 2022-2027.
Global Nickel-chromium Alloy Wire Scope and Market Size
The global Nickel-chromium Alloy Wire market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Nickel-chromium Alloy Wire market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Round Wire
Flat Wire
Square Wire
Segment by Application
Resistors
Home Appliances
Industrial
The Nickel-chromium Alloy Wire market is analysed and market size information is provided by regions (countries). Segment by Application, the Nickel-chromium Alloy Wire market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Deutsche Nickel GmbH
Alloy Wire International
VZPS
Sandvik
Tokyo Resistance Wire
Jiangsu Huaxin Alloy
Changshu Electric Heating
Summary:
Get latest Market Research Reports on Nickel-chromium Alloy Wire. Industry analysis & Market Report on Nickel-chromium Alloy Wire is a syndicated market report, published as Global Nickel-chromium Alloy Wire Sales Market Report 2021. It is complete Research Study and Industry Analysis of Nickel-chromium Alloy Wire market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.