The global nickel market is expected to grow at a CAGR of 3.5% during the forecast period, from 2021 to 2030. The growth in the nickel market is driven by the increasing demand for nickel in various applications such as stainless steels and alloy steel, noferrous alloys and super alloys, and electroplating. The demand for nickel in these applications is expected to increase due to its high corrosion resistance properties, which make it an ideal material for use in various industries such as automotive industry, chemical industry, construction industry etc .
The global nickel market has been segmented on the basis of type (3N, 4N, 5N), application (stainless steels and alloy steel; noferrous alloys and super alloys; electroplating) and region (North America; Latin America; Europe; Asia Pacific & Middle East & Africa). North America accounted for a share of around 40% of the total revenue generated by this market during 2017-2021. This can be attributed to increased production activities in this region owing to favorable economic conditions prevailing there.
Some Of The Growth Factors Of This Market:
- Nickel is a key component in the production of stainless steel, which is used in many industries.
- The demand for nickel has been increasing due to its use in the production of electric vehicles and renewable energy storage systems.
- Nickel prices have been rising due to increased demand and decreased supply from China, which has led to an increase in mining activity elsewhere around the world.
- The price of nickel has also been affected by a decrease in global inventories as well as an increase in demand for other metals such as copper and aluminum that are used to produce nickel-containing alloys such as brass and bronze, respectively.
- Nickel prices have also risen because it is being stockpiled by countries like China who are trying to diversify their holdings away from US dollars.
Industry Growth Insights published a new data on “Nickel Market”. The research report is titled “Nickel Market research by Types (3N, 4N, 5N), By Applications (Stainless steels and alloy steel, Non-ferrous alloys and super alloys, Electroplating), By Players/Companies Anglo American, BHP, Cubaniquel, Cunico, Eramet, Glencore, Independence Group, Jinchuan Group International Resources, Norilsk Nickel, Pacific Metal, Queensland Nickel, Sherritt, Sumitomo, Terrafame, Vale”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Nickel Market Research Report
By Type
3N, 4N, 5N
By Application
Stainless steels and alloy steel, Non-ferrous alloys and super alloys, Electroplating
By Companies
Anglo American, BHP, Cubaniquel, Cunico, Eramet, Glencore, Independence Group, Jinchuan Group International Resources, Norilsk Nickel, Pacific Metal, Queensland Nickel, Sherritt, Sumitomo, Terrafame, Vale
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Nickel Market Report Segments:
The global Nickel market is segmented on the basis of:
Types
3N, 4N, 5N
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 steels and alloy steel, Non-ferrous alloys and super alloys, Electroplating
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:
- Anglo American
- BHP
- Cubaniquel
- Cunico
- Eramet
- Glencore
- Independence Group
- Jinchuan Group International Resources
- Norilsk Nickel
- Pacific Metal
- Queensland Nickel
- Sherritt
- Sumitomo
- Terrafame
- Vale
Highlights of The 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:
- 3N
- 4N
- 5N
- By Application:
- Stainless steels and alloy steel
- Non-ferrous alloys and super alloys
- Electroplating
- 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 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
- Business Expansion Strategies
- 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?
Nickel is a metal that is found in many different forms. It can be found as a white, gray, or black powder. Nickel also exists in the form of coins and jewelry.
Some of the major players in the nickel market are Anglo American, BHP, Cubaniquel, Cunico, Eramet, Glencore, Independence Group, Jinchuan Group International Resources, Norilsk Nickel, Pacific Metal, Queensland Nickel, Sherritt, Sumitomo, Terrafame, Vale.
The nickel market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Nickel Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Nickel Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Nickel Market - Supply Chain
4.5. Global Nickel Market Forecast
4.5.1. Nickel Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Nickel Market Size (000 Units) and Y-o-Y Growth
4.5.3. Nickel Market Absolute $ Opportunity
5. Global Nickel Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Nickel Market Size and Volume Forecast by Type
5.3.1. 3N
5.3.2. 4N
5.3.3. 5N
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Nickel Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Nickel Market Size and Volume Forecast by Application
6.3.1. Stainless steels and alloy steel
6.3.2. Non-ferrous alloys and super alloys
6.3.3. Electroplating
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Nickel Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Nickel Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Nickel Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Nickel Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Nickel Demand Share Forecast, 2019-2026
9. North America Nickel Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Nickel Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Nickel Market Size and Volume Forecast by Application
9.4.1. Stainless steels and alloy steel
9.4.2. Non-ferrous alloys and super alloys
9.4.3. Electroplating
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Nickel Market Size and Volume Forecast by Type
9.7.1. 3N
9.7.2. 4N
9.7.3. 5N
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Nickel Demand Share Forecast, 2019-2026
10. Latin America Nickel Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Nickel Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Nickel Market Size and Volume Forecast by Application
10.4.1. Stainless steels and alloy steel
10.4.2. Non-ferrous alloys and super alloys
10.4.3. Electroplating
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Nickel Market Size and Volume Forecast by Type
10.7.1. 3N
10.7.2. 4N
10.7.3. 5N
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Nickel Demand Share Forecast, 2019-2026
11. Europe Nickel Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Nickel Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Nickel Market Size and Volume Forecast by Application
11.4.1. Stainless steels and alloy steel
11.4.2. Non-ferrous alloys and super alloys
11.4.3. Electroplating
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Nickel Market Size and Volume Forecast by Type
11.7.1. 3N
11.7.2. 4N
11.7.3. 5N
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Nickel Demand Share, 2019-2026
12. Asia Pacific Nickel Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Nickel Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Nickel Market Size and Volume Forecast by Application
12.4.1. Stainless steels and alloy steel
12.4.2. Non-ferrous alloys and super alloys
12.4.3. Electroplating
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Nickel Market Size and Volume Forecast by Type
12.7.1. 3N
12.7.2. 4N
12.7.3. 5N
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Nickel Demand Share, 2019-2026
13. Middle East & Africa Nickel Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Nickel Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Nickel Market Size and Volume Forecast by Application
13.4.1. Stainless steels and alloy steel
13.4.2. Non-ferrous alloys and super alloys
13.4.3. Electroplating
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Nickel Market Size and Volume Forecast by Type
13.7.1. 3N
13.7.2. 4N
13.7.3. 5N
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Nickel Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Nickel Market: Market Share Analysis
14.2. Nickel Distributors and Customers
14.3. Nickel Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Anglo American
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BHP
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cubaniquel
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Cunico
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Eramet
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Glencore
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Independence Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jinchuan Group International Resources
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Norilsk Nickel
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Pacific Metal
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Queensland Nickel
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sherritt
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sumitomo
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Terrafame
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Vale
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
