Nickel-Coated Graphite Fiber Market - Forecast(2023 - 2028)

Report Code: CMR 24011 Report Format: PDF + Excel

Nickel-Coated Graphite Fiber Market Overview

Nickel-Coated Graphite Fiber Market size is estimated to reach a value of US$75.2 million by the end of 2027 after growing at a CAGR of 7.5% during 2022-2027. Nickel-coated graphite fiber is made up of graphitic carbon particles which have been encased with nickel. It has continuous thin plating of nickel. Nickel coating enhances the electrical conductivity of nonconductive thermoplastic graphite fiber composite. Polyacrylonitrile is required in the synthesis process in which nickel also serves as a catalyst. Nickel-coated carbon nanotubes are the strongest and stiffest fibers having unique properties such as low density, high strength, electrical conductivity, corrosion resistance, heat resistance, etc. These versatile properties are boosting the overall growth of the global nickel-coated graphite fiber industry. It finds an application in various industries such as paints and coatings, electrical and electronics, metal industry, aviation and packaging industry.

Nickel-Coated Graphite Fiber Market COVID-19 Impact

Many industries across the globe have faced several challenges due to the COVID-19 pandemic. The industries such as the aviation and the packaging industry including many others have experienced pitfalls. Many projects in such industries have been halted due to an interrupted supply chain and employee shortages due to quarantines. Also, the production and demand in the electrical and electronics industry have declined. According to International Energy Agency, global electrical energy demand in June and July 2020 was 5-10% below from 2019 level. Moreover, there was a sharp decrease in the production in the metal industry due to the factory shutdown. Thus, with the global pause in industrial production and distribution, the demand and consumption of global nickel-coated graphite fiber have been hampered to an extent in several industries. 

Report Coverage

The “Nickel-Coated Graphite Fiber Market Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments of the Nickel-Coated Graphite Fiber industry.

By Product: 60% Nickel Coated, 75% Nickel Coated, 99% Nickel Coated, 99.5% Nickel Coated, 99.8% Nickel Coated, 99.9% Nickel Coated and Others.
By Method: Hydrogenation Reduction, Electroless Plating, Electrodeposition, Chemical Vapor Deposition, Electroplating, Dip Coating and Others
By End-use Industry: Paints and Coatings, Automotive (Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle), Metal Industry, Electrical and Electronics, Packaging Industry, Aerospace (Commercial Aviation, Military Aviation, General Aviation) and Others.
By Geography: North America (the USA, Canada and Mexico), Europe (the UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and Rest of APAC) and South America (Brazil, Argentina, Colombia, Chile and Rest of South America) and Rest of the World (the Middle East and Africa).

Key Takeaways

  • Asia-Pacific is the fastest growing region in the Nickel-Coated Graphite Fiber Market. This growth is mainly attributed to the increased demand from the aerospace sector.
  • Electrical and electronics are expected to be the significant segment owing to the surge in demand for semiconductors, batteries and transistors.
  • Global Nickel-coated graphite fiber plays an important role in several industries such as the metal industry and packaging industry which is expected to provide a significant growth opportunity for the Nickel-Coated Graphite Fiber Market size.


Figure: Asia Pacific Nickel-coated graphite fiber Market Revenue, 2021-2027 (US$ Billion)
Nickel-Coated Graphite Fiber Market
For More Details on This Report - Request for Sample

Nickel-Coated Graphite Fiber Market Segment Analysis – by Product

The 99.8% nickel-coated segment held the largest Nickel-Coated Graphite Fiber Market share in 2021 and it is expected to grow with a CAGR of around 7.0% during the forecast period. Graphite fiber coated with nickel increases its strength and toughness which is required in various metallurgical applications in metal industry. High-quality nickel-coated graphite not only retains the main properties of the metal coating and coating particles, but also provides good overall performance as a result of the interaction between the components under composite action. 99.8% nickel coated is mainly used in nickel steel alloy casting. According to Nickel Institute, more than 2/3rd of nickel produced serves in stainless steel production. Thus, increasing demand in the metal industry driving the growth of the Nickel-Coated Graphite Fiber Market size.

Nickel-Coated Graphite Fiber Market Segment Analysis – by End-use Industry

The electrical and electronics segment held the largest share in the Nickel-Coated Graphite Fiber Market share in 2021 and it accounted for around 22%. Nickel-coated graphite fiber has several applications in electrical and electronics. Nickel-coated graphite fiber have a high conductivity and heat resistance. Nickel coatings enhances the quality by adding electrical and shielding performance. Thermal and electrical properties of nickel-coated graphite fiber have a wide range of applications in electrical and electronics such as semiconductors, capacitors, batteries, transistors etc. According to Allianz Trade, semiconductor revenue in 2021 globally reached US$ 553 billion. Thus, surge in demand of nickel-coated graphite fiber in electrical and electronics is boosting the global market.

Nickel-Coated Graphite Fiber Market Segment Analysis – by Geography

The Asia Pacific is the leading region accounted for the largest share in the Nickel-Coated Graphite Fiber Market share in 2021 and held nearly 34% of market share. This growth is mainly attributed to the increase in demand for nickel-coated graphite fiber in aerospace end use industry including commercial aviation and military aviation. Graphite fiber coated with nickel has low density and high strength which ideally finds an application in aerospace. Low-density material reduces the fuel cost in aviation. Aerospace industry in Asia Pacific is improving from covid impact. According to International Air Transport Association, aerospace industry’s losses during covid in 2021 have decreased from $11.2 billion to $2.4 billion in 2022. Thus, the growth in aerospace industry is boosting the market growth.

Nickel-Coated Graphite Fiber Market – Drivers

Surge in the Packaging industry

Nickel-coated graphite fiber has superior handling properties and shielding capacity. This property has applications in packaging such as flexible packaging. Stand-up pouches and reclosable pouches are examples of flexible packaging. Flexible packaging is beneficial in several ways. It is economical in terms of production cost. Consumers also prefer flexible packaging due to its attractive look and easy handling. According to PKG Brand Design, 71% of Americans prefer flexible packaging over rigid packaging. Thus, the surge in demand for packaging is boosting the demand for the Nickel-Coated Graphite Fiber Market.

Growth in Coatings Industry

Nickel-coated graphite fiber finds an application in the coating industry. Graphite fiber coated with nickel is chemically resistant to corrosive environments and has strong initial wear properties in both dry and wet applications. It provides uniform and continuous coatings. Besides the coating is smooth and adherent along the length and diameter of the filament. For instance, according to ECHEMI Technology Co. Ltd., the Asia Pacific region accounted for around 50% of the global coating market in 2020. Thus, the growth of the coating industry boosted the demand for the Nickel-Coated Graphite Fiber Market. 

Nickel-Coated Graphite Fiber Market – Challenge

Initial Investment in Optimization

Graphite fiber with nickel coated has application in many industries owing to its versatile properties such as thermal and electrical conductivity, low density, etc. However, the composition of nickel coating needs to be optimized depending on application and requirement. It requires a trial and error approach. It also requires a huge investment in research and development. The inappropriate composition will affect the overall quality and functioning of the product adversely. This acts as a hurdle for not only established companies but also acts as a barrier for new entrants. Thus, huge research and development investment is restraining the growth of the global market.

Nickel-Coated Graphite Fiber Industry Outlook

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Nickel-Coated Graphite Fiber Market. The Nickel-Coated Graphite Fiber Market's top 10 companies include -

  1. Nippon Graphite
  2. Teijin Limited
  3. Imerys SA
  4. Tokai Carbon Company
  5. Nantong Yangtze
  6. Mitsubishi Chemical
  7. Hexcel Corporation
  8. Hitachi Ltd.
  9. Mersen
  10. Skaland Graphite AS

Relevant Reports

Conductive Coatings Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast Analysis

Report Code: CMR 25920

Graphite Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast Analysis

Report Code: CMR 82486

Nickel Market – Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast Analysis

Report Code: CMR 89851

For more Chemicals and Materials Market reports, please click here

1. Nickel-Coated Graphite Fiber Market - Market Overview
    1.1 Definitions and Scope
2. Nickel-Coated Graphite Fiber Market - Executive Summary
    2.1 Key Trends by Product
    2.2 Key Trends by Method
    2.3 Key Trends by End Use Industry
    2.4 Key Trends by Geography
3. Nickel-Coated Graphite Fiber Market – Comparative analysis
    3.1 Market Share Analysis - Major Companies
    3.2 Product Benchmarking - Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis - Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. Nickel-Coated Graphite Fiber Market - Startup companies Scenario Premium Premium
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. Nickel-Coated Graphite Fiber Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis – Major companies
6. Nickel-Coated Graphite Fiber Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porter's Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of Substitutes
7. Nickel-Coated Graphite Fiber Market – Strategic Analysis
    7.1 Value/Supply Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies
8. Nickel-Coated Graphite Fiber Market – By Product (Market Size - $Million/Billion)
    8.1 60% Nickel Coated
    8.2 75% Nickel Coated
    8.3 99% Nickel Coated
    8.4 99.5% Nickel Coated
    8.5 99.8% Nickel Coated
    8.6 99.9% Nickel Coated
    8.7 Others
9. Nickel-Coated Graphite Fiber Market – By Methods (Market Size - $Million/Billion)
    9.1 Hydrogenation Reduction
    9.2 Electroless Plating
    9.3 Electrodeposition
    9.4 Chemical Vapor Deposition
    9.5 Electroplating
    9.6 Dip Coating
    9.7 Others
10. Nickel-Coated Graphite Fiber Market – By End-use Industry (Market Size - $Million/Billion)
    10.1 Automotive
        10.1.1 Passenger Cars
        10.1.2 Light Commercial Vehicle
        10.1.3 Heavy Commercial Vehicle
    10.2 Metal Industry
    10.3 Electrical and Electronics
    10.4 Packaging Industry
    10.5 Aerospace
        10.5.1 Commercial Aviation
        10.5.2 Military Aviation
        10.5.3 General Aviation
    10.6 Others
11. Nickel-Coated Graphite Fiber Market - By Geography (Market Size - $Million/Billion)
    11.1 North America
        11.1.1 the USA
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 the UK
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 the Netherlands
        11.2.6 Spain
        11.2.7 Russia
        11.2.8 Belgium
        11.2.9 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 Japan
        11.3.3 India
        11.3.4 South Korea
        11.3.5 Australia and New Zeeland
        11.3.6 Indonesia
        11.3.7 Taiwan
        11.3.8 Malaysia
        11.3.9 Rest of APAC
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Colombia
        11.4.4 Chile
        11.4.5 Rest of South America
    11.5 Rest of the World
        11.5.1 the Middle East
            11.5.1.1 Saudi Arabia
            11.5.1.2 UAE
            11.5.1.3 Israel
            11.5.1.4 Rest of the Middle East
        11.5.2 Africa
            11.5.2.1 South Africa
            11.5.2.2 Nigeria
            11.5.2.3 Rest of Africa
12. Nickel-Coated Graphite Fiber Market – Entropy
    12.1 New Product Launches
    12.2 M&As, Collaborations, JVs and Partnerships
13. Nickel-Coated Graphite Fiber Market – Industry/Competition Segment Analysis Premium
    13.1 Company Benchmarking Matrix – Major Companies
    13.2 Market Share at Global Level - Major companies
    13.3 Market Share by Key Region - Major companies
    13.4 Market Share by Key Country - Major companies
    13.5 Market Share by Key Product Type/Product category - Major companies
14. Nickel-Coated Graphite Fiber Market – Key Company List by Country Premium Premium
15. Nickel-Coated Graphite Fiber Market Company Analysis - Business Overview, Product Portfolio, Financials and Developments
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10
* "Financials would be provided to private companies on best-efforts basis." 
Connect with our experts to get customized reports that best suit your requirements. Our reports include global-level data, niche markets and competitive landscape.

LIST OF TABLES

1.Global Nickel-Coated Graphite Fiber Market, by Type Market 2019-2024 ($M)
2.Global Nickel-Coated Graphite Fiber Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
3.Global Nickel-Coated Graphite Fiber Market, by Type Market 2019-2024 (Volume/Units)
4.Global Nickel-Coated Graphite Fiber Market Analysis and Forecast by Type and Application Market 2019-2024 (Volume/Units)
5.North America Nickel-Coated Graphite Fiber Market, by Type Market 2019-2024 ($M)
6.North America Nickel-Coated Graphite Fiber Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
7.South America Nickel-Coated Graphite Fiber Market, by Type Market 2019-2024 ($M)
8.South America Nickel-Coated Graphite Fiber Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
9.Europe Nickel-Coated Graphite Fiber Market, by Type Market 2019-2024 ($M)
10.Europe Nickel-Coated Graphite Fiber Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
11.APAC Nickel-Coated Graphite Fiber Market, by Type Market 2019-2024 ($M)
12.APAC Nickel-Coated Graphite Fiber Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
13.MENA Nickel-Coated Graphite Fiber Market, by Type Market 2019-2024 ($M)
14.MENA Nickel-Coated Graphite Fiber Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)

LIST OF FIGURES

1.US Global Nickel-Coated Graphite Fiber Industry Market Revenue, 2019-2024 ($M)
2.Canada Global Nickel-Coated Graphite Fiber Industry Market Revenue, 2019-2024 ($M)
3.Mexico Global Nickel-Coated Graphite Fiber Industry Market Revenue, 2019-2024 ($M)
4.Brazil Global Nickel-Coated Graphite Fiber Industry Market Revenue, 2019-2024 ($M)
5.Argentina Global Nickel-Coated Graphite Fiber Industry Market Revenue, 2019-2024 ($M)
6.Peru Global Nickel-Coated Graphite Fiber Industry Market Revenue, 2019-2024 ($M)
7.Colombia Global Nickel-Coated Graphite Fiber Industry Market Revenue, 2019-2024 ($M)
8.Chile Global Nickel-Coated Graphite Fiber Industry Market Revenue, 2019-2024 ($M)
9.Rest of South America Global Nickel-Coated Graphite Fiber Industry Market Revenue, 2019-2024 ($M)
10.UK Global Nickel-Coated Graphite Fiber Industry Market Revenue, 2019-2024 ($M)
11.Germany Global Nickel-Coated Graphite Fiber Industry Market Revenue, 2019-2024 ($M)
12.France Global Nickel-Coated Graphite Fiber Industry Market Revenue, 2019-2024 ($M)
13.Italy Global Nickel-Coated Graphite Fiber Industry Market Revenue, 2019-2024 ($M)
14.Spain Global Nickel-Coated Graphite Fiber Industry Market Revenue, 2019-2024 ($M)
15.Rest of Europe Global Nickel-Coated Graphite Fiber Industry Market Revenue, 2019-2024 ($M)
16.China Global Nickel-Coated Graphite Fiber Industry Market Revenue, 2019-2024 ($M)
17.India Global Nickel-Coated Graphite Fiber Industry Market Revenue, 2019-2024 ($M)
18.Japan Global Nickel-Coated Graphite Fiber Industry Market Revenue, 2019-2024 ($M)
19.South Korea Global Nickel-Coated Graphite Fiber Industry Market Revenue, 2019-2024 ($M)
20.South Africa Global Nickel-Coated Graphite Fiber Industry Market Revenue, 2019-2024 ($M)
21.North America Global Nickel-Coated Graphite Fiber Industry By Application
22.South America Global Nickel-Coated Graphite Fiber Industry By Application
23.Europe Global Nickel-Coated Graphite Fiber Industry By Application
24.APAC Global Nickel-Coated Graphite Fiber Industry By Application
25.MENA Global Nickel-Coated Graphite Fiber Industry By Application