Among high-performance nickel-based superalloys, Inconel 718 (UNS N07718) stands out as one of the most reliable and widely used materials in key industries.

Global market data shows that Alloy 718 accounts for approximately 29% of the superalloy market — making it the most applied high-temperature alloy worldwide. Its steady growth is driven by three core sectors:

3 Key Drivers of Growing Global Demand

I. Aerospace Industry
Aerospace is the largest application area for UNS N07718, accounting for 40%–45% of global demand. This material is widely used in aero-engine components, including turbine disks, fasteners, shafts, and various high-temperature structural parts.
II. Energy and Gas Turbine Industry

To improve power generation efficiency, modern gas turbines are developing towards higher operating temperatures, leading to increasing demand for high-temperature resistant and high-strength materials. Nickel-based alloy 718 exhibits stable performance in gas turbines, heat exchange equipment, and various power generation systems, and its applications are widespread.

III. Deep-Sea Oil and Gas Development

With the gradual depletion of onshore oil and gas resources, deep-sea and ultra-deep well extraction has become the mainstream trend in the industry. Under the extreme conditions of high pressure, strong corrosion, and high temperature in the deep sea, UNS N07718 alloy is widely used in wellhead equipment, valves, and downhole tools.

Emerging Growth Area: With the acceleration of the global energy transition, the Green Hydrogen industry is on the rise.

In the hydrogen production and high-pressure storage and transportation processes, "hydrogen embrittlement" is a core technological pain point. Inconel 718, due to its excellent resistance to hydrogen embrittlement and high toughness, is becoming a key standard material in the core "production-storage-transport" links of green hydrogen equipment, leading to a rigid increase in demand.

If your project requires high-performance, high-standard nickel-based alloy forgings, please feel free to contact us.