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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
Nickel, tungsten, and chromium are the three metals that make up nickel tungsten chromium alloy, often known as NiWCr alloy or just NiWCr. This alloy's strong mechanical qualities, high thermal strength, and resistance to corrosion are its main uses. It is used in a variety of sectors, including chemical processing, electronics, and aerospace.
The nickel-tungsten-chromium alloy has the following salient characteristics:Nickel, tungsten, and chromium alloys can have a variety of chemical make ups, but often have a high nickel, tungsten, and chromium content. Depending on the desired qualities and the needs of a particular application, different ratios of these components might be used.
Excellent strength and stability are displayed by nickel-tungsten-chromium alloys at high temperatures. Even at high temperatures, it maintains its mechanical qualities, like strength and dimensional stability. Because of this, it can be used in applications where components are exposed to high temperatures or thermal cycling.
Corrosion Resistance: The alloy's corrosion resistance is improved by the addition of chromium. The alloy of nickel, tungsten, and chromium is resistant to corrosive substances such acids, alkalis, and oxidizing atmospheres. It offers defense against oxidation and corrosion, increasing the life of components under difficult working circumstances.
The alloy has good mechanical characteristics, such as high tensile strength, hardness, and resistance to wear. Due to these characteristics, it can be used in applications where components must withstand high loads, friction, or abrasive environments.
The Global Nickel Tungsten Chromium Alloy Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
Chrome coatings that are harmful to the environment can be replaced by a novel technique for depositing nickel alloy coatings on high-performance materials for engineering purposes. The coatings produced are advantageous for the plastics sector and have a high level of corrosion resistance.
Nano-crystalline coatings can meet the demand for the replacement of environmentally harmful chromium coatings due to the rising demand for high-performance materials in engineering applications. In order to extend the useful life of die-casting components, chrome coatings have been utilized in the plastic bottle manufacturing business.
However, because chrome plating is a dangerous procedure, all industrial locations that use chrome plating must adhere to the strict acceptable exposure limit (PEL) for harmful hexavalent chromium and all of its constituents. It is difficult for scientists to come up with a method for maintaining this restriction.
Researchers have created a lab-scale procedure to deposit novel nanostructured nickel alloy coatings at the International Advanced Research Centre for Powder Metallurgy & New Materials (ARCI), an autonomous Research and Development Centre of the Department of Science and Technology (DST), Government of India. Pulsed current electroplating, which is used in the procedure, has a high production capacity and is ecologically friendly.
The research team at ARCI, under the direction of Dr. Nitin P. Wasekar, has developed an alternative method for chrome plating that uses electric current in the form of pulses with a few milliseconds in duration.
To strengthen elemental tungsten (W) and nickel (Ni), an environmentally friendly electrolyte made up of nickel and tungsten ions is used in the process. As a cathode and non-consumable anode, the pulsed current is applied between the components that need to be coated.
COMPANY PROFILE
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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