Nickel is primarily sold for first use as refined metal (cathode, powder, briquet, etc.) or ferronickel. About 65% of the nickel consumed in the Western World is used to make austenitic stainless steel. Another 12% goes into superalloys (e.g., Inconel 600) or nonferrous alloys (e.g., cupronickel). Both families of alloys are widely used because of their corrosion resistance. The aerospace industry is a leading consumer of nickel-base superalloys. Turbine blades, discs and other critical parts of jet engines are fabricated from superalloys. Nickel-base superalloys are also used in land-based combustion turbines, such those found at electric power generation stations. The remaining 23% of consumption is divided between alloy steels, rechargeable batteries, catalysts and other chemicals, coinage, foundry products, and plating. The principal commercial chemicals are the carbonate (NiCO3), chloride (NiCl2), divalent oxide (NiO), and sulfate (NiSO4). In aqueous solution, the divalent nickel ion has an emerald-green color.
The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges.
Market Analysis and Insights: Global Nickel Metal Market
The global Nickel Metal market was valued at US$ XX in 2020 and will reach US$ XX million by the end of 2027, growing at a CAGR of XX% during 2022-2027.
Global Nickel Metal Scope and Market Size
The global Nickel Metal market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Nickel Metal market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Nickeliferous Limonite Smelting
Garnierite Smelting
Segment by Application
Steel Industry
Aerospace Industry
Electroplating Industry
Chemical Industry
The Nickel Metal market is analysed and market size information is provided by regions (countries). Segment by Application, the Nickel Metal market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
MMC Norilsk Nickel
Vale SA
BHP Billiton
Jinchuan Group
Glencore
Sherritt International Corp
Eramet SA
Sumitomo Metal Mining
Anglo American
Minara Resources
The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges.
Market Analysis and Insights: Global Nickel Metal Market
The global Nickel Metal market was valued at US$ XX in 2020 and will reach US$ XX million by the end of 2027, growing at a CAGR of XX% during 2022-2027.
Global Nickel Metal Scope and Market Size
The global Nickel Metal market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Nickel Metal market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Nickeliferous Limonite Smelting
Garnierite Smelting
Segment by Application
Steel Industry
Aerospace Industry
Electroplating Industry
Chemical Industry
The Nickel Metal market is analysed and market size information is provided by regions (countries). Segment by Application, the Nickel Metal market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
MMC Norilsk Nickel
Vale SA
BHP Billiton
Jinchuan Group
Glencore
Sherritt International Corp
Eramet SA
Sumitomo Metal Mining
Anglo American
Minara Resources
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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