Nickel is a silvery-white metal with a low melting point and high strength. It is resistant to corrosion and has excellent electrical and thermal conductivity. Nickel is used in many industries, including the steel industry, aerospace industry, electroplating industry, chemical industry. The global nickel metal market was valued at USD 8.5 billion in 2018 and is projected to reach USD 10 billion by 2030, growing at a CAGR of 2% from 2019 to 2030.
The global nickel metal market can be segmented on the basis of type into nickeliferous limonite smelting and garnierite smelting; on the basis of application into steel industry, aerospace industry, electroplating industry, chemical industry; on the basis of region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) & Middle East & Africa (MEA). In 2018 North America accounted for the largest share in terms of revenue generation due to its large production capacity for nickel metal products such as ferronickel alloys which are used extensively in various industries such as automotive sector owing to their high resistance against corrosion.
Some Of The Growth Factors Of This Market:
- Nickel is a key component in stainless steel, which is used in the production of cars, appliances, and other products.
- The nickel market has been growing as a result of increased demand for nickel from China and India.
- Nickel prices have been increasing due to the global economic recovery and increased demand for nickel from China and India.
- The price of nickel has risen by more than 50% since 2010.
- Nickel prices are expected to continue to rise.
Industry Growth Insights published a new data on “Nickel Metal Market”. The research report is titled “Nickel Metal Market research by Types (Nickeliferous Limonite Smelting, Garnierite Smelting), By Applications (Steel Industry, Aerospace Industry, Electroplating Industry, Chemical Industry), By Players/Companies MMC Norilsk Nickel, Vale SA, BHP Billiton, Jinchuan Group, Xstrata, Sherritt International Corp, Eramet SA, Sumitomo Metal Mining, Anglo American, Minara Resources”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Nickel Metal Market Research Report
By Type
Nickeliferous Limonite Smelting, Garnierite Smelting
By Application
Steel Industry, Aerospace Industry, Electroplating Industry, Chemical Industry
By Companies
MMC Norilsk Nickel, Vale SA, BHP Billiton, Jinchuan Group, Xstrata, Sherritt International Corp, Eramet SA, Sumitomo Metal Mining, Anglo American, Minara Resources
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Nickel Metal Market Report Segments:
The global Nickel Metal market is segmented on the basis of:
Types
Nickeliferous Limonite Smelting, Garnierite Smelting
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
Steel Industry, Aerospace Industry, Electroplating Industry, Chemical Industry
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:
- MMC Norilsk Nickel
- Vale SA
- BHP Billiton
- Jinchuan Group
- Xstrata
- Sherritt International Corp
- Eramet SA
- Sumitomo Metal Mining
- Anglo American
- Minara Resources
Highlights of The Nickel Metal 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:
- Nickeliferous Limonite Smelting
- Garnierite Smelting
- By Application:
- Steel Industry
- Aerospace Industry
- Electroplating Industry
- Chemical Industry
- 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 Metal 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 metal is a type of alloy that contains nickel and other metals. It is often used to make coins, jewelry, and other objects.
Some of the major companies in the nickel metal market are MMC Norilsk Nickel, Vale SA, BHP Billiton, Jinchuan Group, Xstrata, Sherritt International Corp, Eramet SA, Sumitomo Metal Mining, Anglo American, Minara Resources.
The nickel metal market is expected to grow at a compound annual growth rate of 2%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Nickel Metal 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 Metal Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Nickel Metal Market - Supply Chain
4.5. Global Nickel Metal Market Forecast
4.5.1. Nickel Metal Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Nickel Metal Market Size (000 Units) and Y-o-Y Growth
4.5.3. Nickel Metal Market Absolute $ Opportunity
5. Global Nickel Metal 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 Metal Market Size and Volume Forecast by Type
5.3.1. Nickeliferous Limonite Smelting
5.3.2. Garnierite Smelting
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Nickel Metal 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 Metal Market Size and Volume Forecast by Application
6.3.1. Steel Industry
6.3.2. Aerospace Industry
6.3.3. Electroplating Industry
6.3.4. Chemical Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Nickel Metal 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 Metal 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 Metal 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 Metal 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 Metal Demand Share Forecast, 2019-2026
9. North America Nickel Metal 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 Metal 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 Metal Market Size and Volume Forecast by Application
9.4.1. Steel Industry
9.4.2. Aerospace Industry
9.4.3. Electroplating Industry
9.4.4. Chemical Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Nickel Metal Market Size and Volume Forecast by Type
9.7.1. Nickeliferous Limonite Smelting
9.7.2. Garnierite Smelting
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 Metal Demand Share Forecast, 2019-2026
10. Latin America Nickel Metal 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 Metal 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 Metal Market Size and Volume Forecast by Application
10.4.1. Steel Industry
10.4.2. Aerospace Industry
10.4.3. Electroplating Industry
10.4.4. Chemical Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Nickel Metal Market Size and Volume Forecast by Type
10.7.1. Nickeliferous Limonite Smelting
10.7.2. Garnierite Smelting
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 Metal Demand Share Forecast, 2019-2026
11. Europe Nickel Metal 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 Metal 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 Metal Market Size and Volume Forecast by Application
11.4.1. Steel Industry
11.4.2. Aerospace Industry
11.4.3. Electroplating Industry
11.4.4. Chemical Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Nickel Metal Market Size and Volume Forecast by Type
11.7.1. Nickeliferous Limonite Smelting
11.7.2. Garnierite Smelting
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Markt 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 Metal Demand Share, 2019-2026
12. Asia Pacific Nickel Metal 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 Metal 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 Metal Market Size and Volume Forecast by Application
12.4.1. Steel Industry
12.4.2. Aerospace Industry
12.4.3. Electroplating Industry
12.4.4. Chemical Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Nickel Metal Market Size and Volume Forecast by Type
12.7.1. Nickeliferous Limonite Smelting
12.7.2. Garnierite Smelting
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 Metal Demand Share, 2019-2026
13. Middle East & Africa Nickel Metal 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 Metal 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 Metal Market Size and Volume Forecast by Application
13.4.1. Steel Industry
13.4.2. Aerospace Industry
13.4.3. Electroplating Industry
13.4.4. Chemical Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Nickel Metal Market Size and Volume Forecast by Type
13.7.1. Nickeliferous Limonite Smelting
13.7.2. Garnierite Smelting
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 Metal Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Nickel Metal Market: Market Share Analysis
14.2. Nickel Metal Distributors and Customers
14.3. Nickel Metal Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. MMC Norilsk Nickel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Vale SA
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BHP Billiton
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Jinchuan Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Xstrata
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sherritt International Corp
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Eramet SA
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sumitomo Metal Mining
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Anglo American
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Minara Resources
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
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
