Nickel Metal Industry to See Massive Growth by 2028

Nickel is sold primarily as a refined metal (cathode, powder, briquettes, etc.) or ferronickel for initial use. About 65% of the nickel consumed in the Western world is used to make austenitic stainless steels. Another 12% is used for superalloys (eg Inconel 600) or non-ferrous alloys (eg cupronickel). Both types of alloys are widely used because of their corrosion resistance. The aerospace industry is a major consumer of nickel-based superalloys.

Key players

• MMC Norilsk Nickel
• Vale SA
• BHP Billiton
• Jinchuan Group
• Glencore
• Sherritt International Corp
• Eramet SA
• Sumitomo Metal Mining
• Anglo American
• Minara Resources

Nickel Metal Segment by Type

• Nickeliferous Limonite Smelting
• Garnierite Smelting

Nickel Metal Segment by Application

• Steel Industry
• Aerospace Industry
• Electroplating Industry
• Chemical Industry

 

Scope of the report

The research study analyses the Nickel Metal Industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North America market size and/or volume
• Latin America market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Nickel Metal Industry Report

• What was the Nickel Metal Industry size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028)
• What will be the Nickel Metal Industry CAGR of Market during the forecast period (2022-2028)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
• Which manufacturer/vendor/players in the Nickel Metal Industry was the market leader in 2022?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.