Copper-Nickel Alloys Market Developments and Forecast by 2028

Copper-nickel alloys have excellent corrosion resistance. They also exhibit resistance to macrofouling due to the formation of a protective oxide layer on their surfaces. Copper-nickel alloys usually come in two varieties: Cu-Ni (90-1 and Cu-Ni (70-3. The Cu-Ni (70-3 alloy is stronger and has greater resistance to corrosion (caused by seawater) and macrofouling than Cu-Ni (70-3. However, Cu-Ni- (90-1 is more affordable than Cu-Ni (70-3 and has a better service life in many end-use applications. Copper-nickel alloys are experiencing strong demand in the marine, chemical processing, power generation, and oil & gas industries, which is primarily driving the copper-nickel alloys market growth.

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Copper-Nickel Alloys Market Size and CAGR by 2028
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Copper-Nickel Alloys Market Size and CAGR by 2028

Copper-Nickel Alloys Market growth trajectory is set to achieve US$ 5.99 Billion by 2028, expects a strong CAGR during the forecast period.