As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The global market of non-magnetic metals and alloys is being significantly aided by the rising demand for metals and alloys from several industries. The construction industry is amongst the major contributors to the non-magnetic metals and alloys industry growth due to the growing requirement to build infrastructures. The increasing usage of non-magnetic metals and alloys in the aviation industry and other transportation and structural materials is further aiding the market demand. However, the increasing cases of coronavirus pandemic did hinder the market in the year 2020, but with increasing implementation of vaccines, the market is expected to recover and grow further.
Companies like Nucor (NYSE: NUE) have also facilitated in maintaining the demand across the globe for products made with non-magnetic metals and alloys. On the basis of geography, North America is the one of the major regions driving the market demand, specifically due to the demand generated from regions like the United States, owing to the presence of numerous health-conscious consumers in the regions. Also, the Asia Pacific and European regions are expected to drive the demand further due to the increasing urbanisation and health-conscious consumers.
Market Breakup by Product Type, Applications, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global non-magnetic metals and alloys market include Belmont Metals Inc., Saru Smelting Pvt. Inc., Nippon Yakin Kogyo Co. Ltd., Australian Metals Pty. Ltd., Lee Kee Group Limited, and Gravita India Limited, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.