Market Overview:
The global high purity nickel market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for high purity nickel in various applications, such as stainless steel, alloy, electroplated steel and others. In terms of type, Ni 9999 is expected to hold the largest share of the global high purity nickel market during the forecast period. This can be attributed to its superior properties compared with other types of high purity nickel. In terms of application, stainless steel is expected to hold the largest share of the global high purity nickel market during the forecast period.
Product Definition:
A nickel alloy that has a purity of 99.9% or greater is considered to be high purity. The main use for high purity nickel is in the production of semiconductors and other electronic components.
Ni 9999:
Ni 9999 is a new alloy of nickel and gold. It has 99.99% pure gold and 0.01% pure nickel by weight which makes it unique among all other known metals in the world today, as no other metal can claim such a high purity level (as per its composition).
Ni 9996:
Ni 9996 is a new material, which has been developed by the scientists of Wuhan University for the coating of stainless steel. Ni 9996 has an excellent corrosion resistance property and can be easily applied on any metal surface. The material also provides high hardness and anti-corrosion performance with a lifespan of 10 years.
Application Insights:
Stainless steel was the largest application segment in 2016 and accounted for a market share of more than 60% in 2017. The stainless steel industry is growing significantly owing to its use in construction, automotive, appliances and consumer goods. Stainless steel demand is expected to be fueled by its use as an alloy component due to properties such as high corrosion resistance & strength along with low maintenance cost.
High purity nickel applications are used across various industries including building & construction, industrial machinery, electrical equipment and medical equipment where it finds application as a metal covering material for wires & cables or components made from other base metals or alloys. Other applications include Ni-based batteries (rechargeable and primary) which are used across several end-use segments including electric vehicles (EVs/HEVs).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. Growing population along with increasing per capita income has resulted in a growing demand for consumer goods such as automobiles and electronics among other products that consume large amounts of stainless steel. This trend is projected to have a positive impact on industry growth over the coming years.
Growth Factors:
- Increasing demand from the battery and electronics industries: The global market for batteries is expected to grow at a CAGR of more than 7% during the forecast period. This is mainly due to the increasing demand for electric vehicles and portable electronic devices. High purity nickel is used in making positive electrodes (cathodes) in lithium-ion batteries. Thus, the increasing demand for batteries is expected to drive the growth of the high purity nickel market during the forecast period.
- Growing use of nickel in alloys: Nickel alloys are extensively used in various end-use industries such as aerospace, defense, automotive, and construction owing to their superior properties such as strength, toughness, corrosion resistance, and heat resistance. This is expected to drive the growth of high purity nickel market duringthe forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Nickel Market Research Report
By Type
Ni 9999, Ni 9996, Ni 9990, Ni 9950, Ni 9920
By Application
Stainless Steel, Alloy, Electroplated Steel, Other
By Companies
JX Nippon Mining & Metals Corporation, Jinchuan Group, Jiangxi Jiangli Sci-Tech, Xinjiang Xinxin Mining Industry, Xingwang Enterprise Group, Jilin Jien Nickel Industry, Guangxi Yinyi Science and Technic Mine Metallurgy, Sichuan Nike Guorun Group, JX Nippon Mining & Metals Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Nickel Market Report Segments:
The global High Purity Nickel market is segmented on the basis of:
Types
Ni 9999, Ni 9996, Ni 9990, Ni 9950, Ni 9920
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Stainless Steel, Alloy, Electroplated Steel, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- JX Nippon Mining & Metals Corporation
- Jinchuan Group
- Jiangxi Jiangli Sci-Tech
- Xinjiang Xinxin Mining Industry
- Xingwang Enterprise Group
- Jilin Jien Nickel Industry
- Guangxi Yinyi Science and Technic Mine Metallurgy
- Sichuan Nike Guorun Group
- JX Nippon Mining & Metals Corporation
Highlights of The High Purity Nickel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ni 9999
- Ni 9996
- Ni 9990
- Ni 9950
- Ni 9920
- By Application:
- Stainless Steel
- Alloy
- Electroplated Steel
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Purity Nickel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High purity nickel is a type of nickel that has been refined to have a higher than average concentration of the metal. This makes it more valuable because it can be used in products that require high levels of nickel, such as stainless steel and alloy metals.
Some of the major companies in the high purity nickel market are JX Nippon Mining & Metals Corporation, Jinchuan Group, Jiangxi Jiangli Sci-Tech, Xinjiang Xinxin Mining Industry, Xingwang Enterprise Group, Jilin Jien Nickel Industry, Guangxi Yinyi Science and Technic Mine Metallurgy, Sichuan Nike Guorun Group, JX Nippon Mining & Metals Corporation.
The high purity nickel market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Purity Nickel Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Purity Nickel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Purity Nickel Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Purity Nickel Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Purity Nickel Market Size & Forecast, 2018-2028
4.5.1 High Purity Nickel Market Size and Y-o-Y Growth
4.5.2 High Purity Nickel Market Absolute $ Opportunity
Chapter 5 Global High Purity Nickel Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 High Purity Nickel Market Size Forecast by Type
5.2.1 Ni 9999
5.2.2 Ni 9996
5.2.3 Ni 9990
5.2.4 Ni 9950
5.2.5 Ni 9920
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Purity Nickel Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 High Purity Nickel Market Size Forecast by Applications
6.2.1 Stainless Steel
6.2.2 Alloy
6.2.3 Electroplated Steel
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Purity Nickel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Purity Nickel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America High Purity Nickel Analysis and Forecast
9.1 Introduction
9.2 North America High Purity Nickel Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America High Purity Nickel Market Size Forecast by Type
9.6.1 Ni 9999
9.6.2 Ni 9996
9.6.3 Ni 9990
9.6.4 Ni 9950
9.6.5 Ni 9920
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America High Purity Nickel Market Size Forecast by Applications
9.10.1 Stainless Steel
9.10.2 Alloy
9.10.3 Electroplated Steel
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe High Purity Nickel Analysis and Forecast
10.1 Introduction
10.2 Europe High Purity Nickel Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe High Purity Nickel Market Size Forecast by Type
10.6.1 Ni 9999
10.6.2 Ni 9996
10.6.3 Ni 9990
10.6.4 Ni 9950
10.6.5 Ni 9920
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe High Purity Nickel Market Size Forecast by Applications
10.10.1 Stainless Steel
10.10.2 Alloy
10.10.3 Electroplated Steel
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific High Purity Nickel Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Purity Nickel Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific High Purity Nickel Market Size Forecast by Type
11.6.1 Ni 9999
11.6.2 Ni 9996
11.6.3 Ni 9990
11.6.4 Ni 9950
11.6.5 Ni 9920
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific High Purity Nickel Market Size Forecast by Applications
11.10.1 Stainless Steel
11.10.2 Alloy
11.10.3 Electroplated Steel
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America High Purity Nickel Analysis and Forecast
12.1 Introduction
12.2 Latin America High Purity Nickel Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America High Purity Nickel Market Size Forecast by Type
12.6.1 Ni 9999
12.6.2 Ni 9996
12.6.3 Ni 9990
12.6.4 Ni 9950
12.6.5 Ni 9920
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America High Purity Nickel Market Size Forecast by Applications
12.10.1 Stainless Steel
12.10.2 Alloy
12.10.3 Electroplated Steel
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) High Purity Nickel Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Purity Nickel Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) High Purity Nickel Market Size Forecast by Type
13.6.1 Ni 9999
13.6.2 Ni 9996
13.6.3 Ni 9990
13.6.4 Ni 9950
13.6.5 Ni 9920
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) High Purity Nickel Market Size Forecast by Applications
13.10.1 Stainless Steel
13.10.2 Alloy
13.10.3 Electroplated Steel
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Purity Nickel Market: Competitive Dashboard
14.2 Global High Purity Nickel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JX Nippon Mining & Metals Corporation
14.3.2 Jinchuan Group
14.3.3 Jiangxi Jiangli Sci-Tech
14.3.4 Xinjiang Xinxin Mining Industry
14.3.5 Xingwang Enterprise Group
14.3.6 Jilin Jien Nickel Industry
14.3.7 Guangxi Yinyi Science and Technic Mine Metallurgy
14.3.8 Sichuan Nike Guorun Group
14.3.9 JX Nippon Mining & Metals Corporation
