What is Bimetal Plates Market?
Bimetal plates are composed of two separate metals joined together and can be bent or curved with high precision. These plates are manufactured using a metal base (either stainless steel or aluminium) plated together with copper. These plates are used in several applications such as motor Protectors, thermostats, Car Cigar Lighters, Water Heaters, Steam Traps, and others. The bimetal plates are mostly used in electronic and industrial industries. Due to their high corrosion resistance and electric resistance properties, these plates are widely used in high-temperature applications.
The market study is being classified, by Application (Fuseless Breakers, Motor Protectors, Thermostats, Car Cigar Lighters, Auto-Fans, Steam Traps, Glow Starters For Fluorescent Lamp, Fire Alarms and Others) and major geographies with country level break-up.
Hitachi Metals Neomaterial, Ltd. (Japan), Engineered Materials Solutions (United States), J.N. EBERLE & CIE. GmbH (Germany), Kanthal (India), Bimetal Bearings Limited (India), Shivalik Bimetal Controls Ltd. (India), Benxi Tool Co.,Ltd. (China), Eberle Bimetal Strip Steel (Denmark), Starrett (United States), DMC Power (United States) and AFL Global(United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are VAUTID GmbH (Germany), ALLTEC Global (United States) and Mahavir Metal Corporation (India).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that India & China Vendors will contribute to the maximum growth of Global Bimetal Plates market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Bimetal Plates market by Type, Application and Region.
On the basis of geography, the market of Bimetal Plates has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing demand for the metallic plates from automotive industries
- A growing trend in the demand for customized bimetal plates
- Fluctuating raw material price
- Emerging demand from APAC and EUROPE regions
- Availability of the substitutes
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Bimetal Plates Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase