세계의 모넬 시장 : 산업 규모, 점유율, 동향, 기회, 예측 - 판매채널별(직접, 간접), 최종 용도별(해양, 화학 가공, 항공우주, 식품 가공, 기타), 지역별, 경쟁별(2020-2030년)

The Global Monel Market was valued at USD 6221.51 Million in 2024 and is projected to reach USD 9008.15 Million by 2030, growing at a CAGR of 4.14% during the forecast period. Monel, a nickel-copper alloy known for its remarkable corrosion resistance, high strength, and durability under extreme conditions, has become a vital material in industries that demand reliability and performance. Its usage is expanding across sectors such as aerospace, marine, and chemical processing due to these intrinsic properties. The alloy's exceptional resistance to seawater corrosion and its strength-to-weight ratio make it especially valuable in applications including shipbuilding, offshore structures, and aerospace components. As industries continue to seek robust materials capable of withstanding aggressive environments, Monel remains in demand. However, the market's growth may be moderated by the high cost of nickel and copper, as well as competition from alternative materials like stainless steel and titanium. Despite these factors, the unique advantages of Monel ensure its ongoing relevance in high-performance engineering applications.

Key Market Drivers

Growth in Marine Industry

The expansion of the global marine industry is significantly contributing to the rising demand for Monel, a corrosion-resistant alloy ideal for maritime environments. With over 80% of global trade transported by sea, the marine sector's resilience and growth directly influence the consumption of durable materials like Monel. In 2023, global maritime trade rebounded with a 2.4% growth, despite disruptions at key trade routes such as the Suez and Panama Canals. These dynamics underscore the need for materials that can withstand demanding maritime conditions. Monel's exceptional resistance to saltwater corrosion makes it a preferred choice in the construction of ship components like shafts, propellers, and piping systems. Specifically, Monel 400 is widely adopted for its long-term durability and low maintenance requirements, aligning with the industry's goals of operational efficiency and reduced lifecycle costs. As marine infrastructure and vessel demand continue to rise, Monel's role as a reliable and high-performance material becomes increasingly central.

Key Market Challenges

Volatility in Raw Material Prices

The volatility in the prices of raw materials such as nickel and copper poses a notable challenge for the global Monel market. Since these metals are the primary constituents of Monel alloys, fluctuations in their prices can significantly affect production costs and pricing strategies. Global events, geopolitical unrest, and policy changes in major producing countries like Indonesia, Russia, and the Philippines frequently disrupt supply chains, leading to market instability. For instance, any regulatory tightening or export restrictions on nickel from Indonesia-one of the top global producers-can result in sharp price spikes, adversely impacting alloy manufacturing. Moreover, demand from sectors such as electric vehicles further pressures the nickel supply chain, introducing uncertainty into procurement and long-term cost planning for Monel producers. This volatility complicates pricing, disrupts production forecasts, and can reduce the competitiveness of Monel compared to alternative materials.

Key Market Trends

Growing Use of Monel in Aerospace

A rising trend in the global Monel market is its increasing adoption in the aerospace industry, driven by the alloy's high strength, durability, and superior corrosion resistance. As commercial and defense aviation grows, so does the demand for materials that can withstand high pressures, extreme temperatures, and corrosive environments. Monel fits this requirement, making it an ideal material for turbine engine components, fuel systems, and fasteners exposed to harsh operating conditions. Aerospace leaders such as Boeing and Airbus rely on Monel alloys for critical parts in both commercial aircraft and military applications. Furthermore, as the U.S. continues to account for nearly 40% of global defense expenditures, military modernization is expected to sustain demand for high-performance materials like Monel. The alloy's resistance to fatigue and chemical exposure supports longer service life and reduced maintenance needs, aligning with the aerospace sector's goals for safety and efficiency.

Key Market Players

• BALLMAN INDUSTRIES
• Cangzhou Yizeng Industry Co., Ltd
• Ragavendra Engineering
• LORK GROUP CO., LTD
• Ningbo Mingson Technology Co., Ltd.
• Dongtai Zhonghai Super Alloy
• China Tisco Steel Co., Ltd
• Hengyang Nickel-Based Alloy Co., Ltd.
• Sichuan Huitai Special Metal Co., Ltd.
• Hainan Pipe Tube Group Co., Ltd.

Report Scope:

In this report, the Global Monel Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Monel Market, By Sales Channel:

• Direct
• Indirect

Monel Market, By End Use:

• Marine
• Chemical Processing
• Aerospace
• Food Processing
• Others

Monel Market, By Region:

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Monel Market.

Available Customizations:

Global Monel Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, and Trends

4. Impact of COVID-19 on Global Monel Market

5. Global Monel Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Sales Channel (Direct, Indirect)
  • 5.2.2. By End Use (Marine, Chemical Processing, Aerospace, Food Processing, Others)
  • 5.2.3. By Region
  • 5.2.4. By Company (2024)
• 5.3. Market Map

6. North America Monel Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Sales Channel
  • 6.2.2. By End Use
  • 6.2.3. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Monel Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Sales Channel
      • 6.3.1.2.2. By End Use
  • 6.3.2. Mexico Monel Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Sales Channel
      • 6.3.2.2.2. By End Use
  • 6.3.3. Canada Monel Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Sales Channel
      • 6.3.3.2.2. By End Use

7. Europe Monel Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Sales Channel
  • 7.2.2. By End Use
  • 7.2.3. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. France Monel Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Sales Channel
      • 7.3.1.2.2. By End Use
  • 7.3.2. Germany Monel Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Sales Channel
      • 7.3.2.2.2. By End Use
  • 7.3.3. United Kingdom Monel Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Sales Channel
      • 7.3.3.2.2. By End Use
  • 7.3.4. Italy Monel Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Sales Channel
      • 7.3.4.2.2. By End Use
  • 7.3.5. Spain Monel Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Sales Channel
      • 7.3.5.2.2. By End Use

8. Asia Pacific Monel Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Sales Channel
  • 8.2.2. By End Use
  • 8.2.3. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Monel Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Sales Channel
      • 8.3.1.2.2. By End Use
  • 8.3.2. India Monel Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Sales Channel
      • 8.3.2.2.2. By End Use
  • 8.3.3. South Korea Monel Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Sales Channel
      • 8.3.3.2.2. By End Use
  • 8.3.4. Japan Monel Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Sales Channel
      • 8.3.4.2.2. By End Use
  • 8.3.5. Australia Monel Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Sales Channel
      • 8.3.5.2.2. By End Use

9. South America Monel Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Sales Channel
  • 9.2.2. By End Use
  • 9.2.3. By Country
• 9.3. South America: Country Analysis
  • 9.3.1. Brazil Monel Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Sales Channel
      • 9.3.1.2.2. By End Use
  • 9.3.2. Argentina Monel Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Sales Channel
      • 9.3.2.2.2. By End Use
  • 9.3.3. Colombia Monel Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Sales Channel
      • 9.3.3.2.2. By End Use

10. Middle East and Africa Monel Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Sales Channel
  • 10.2.2. By End Use
  • 10.2.3. By Country
• 10.3. MEA: Country Analysis
  • 10.3.1. South Africa Monel Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Sales Channel
      • 10.3.1.2.2. By End Use
  • 10.3.2. Saudi Arabia Monel Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Sales Channel
      • 10.3.2.2.2. By End Use
  • 10.3.3. UAE Monel Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Sales Channel
      • 10.3.3.2.2. By End Use

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Monel Market: SWOT Analysis

14. Porters Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. BALLMAN INDUSTRIES
  • 15.1.1. Business Overview
  • 15.1.2. Company Snapshot
  • 15.1.3. Products & Services
  • 15.1.4. Financials (As Reported)
  • 15.1.5. Recent Developments
  • 15.1.6. Key Personnel Details
  • 15.1.7. SWOT Analysis
• 15.2. Cangzhou Yizeng Industry Co.,Ltd
• 15.3. Ragavendra Engineering
• 15.4. LORK GROUP CO., LTD
• 15.5. Ningbo Mingson Technology Co., Ltd.
• 15.6. Dongtai Zhonghai Super Alloy
• 15.7. China Tisco Steel Co., Ltd
• 15.8. Hengyang Nickel-Based Alloy Co., Ltd.
• 15.9. Sichuan Huitai Special Metal Co., Ltd.
• 15.10. Hainan Pipe Tube Group Co., Ltd.

16. Strategic Recommendations

17. About Us & Disclaimer