Nickel Market Analysis APAC, Europe, North America, South America, Middle East and Africa - US, China, Indonesia, Japan, Germany - Size and Forecast 2024-2028

Published: Mar 2024 Pages: 175 SKU: IRTNTR77838

Nickel Market Forecast 2024-2028

The nickel market size is projected to increase by USD 16.55 billion, at a CAGR of 4.06% between 2023 and 2028. Market growth hinges on multiple factors, notably the surge in infrastructure development and urbanization in emerging economies, broadening electroplating applications of nickel, and the prevalence of stringent regulations. Emerging economies' focus on infrastructure drives demand for nickel in construction and urban development projects. Additionally, the expanding use of nickel in electroplating applications across industries enhances market prospects. However, stringent regulations, particularly concerning environmental and labor standards, present challenges, potentially restraining market expansion despite favorable growth drivers.

What will be the Size of the Market During the Forecast Period?

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Market Segment 

The nickel (element) is intertwined with various industries, including lightweight vehicles, solar panels, and food and beverage. Alongside chromium (metal) and titanium, nickel contributes to the production of solar panels and other applications. However, concerns persist regarding sulfur dioxide emissions, urging the industry to adopt more sustainable practices in nickel and chromium extraction.

Type Insights

The primary segment is estimated to witness significant growth during the forecast period. Primary nickel, a key segment in the market, encompasses various types like nickel pig iron (NPI), ferronickel, and nickel matte, each serving distinct industrial purposes. NPI, notably favored for stainless steel production, is cost-effective and widely utilized, particularly in regions like China.

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The primary segment was the largest segment and was valued at USD 29.52 billion in 2018.  Further, ferronickel, produced via nickel ore reduction, finds applications in stainless steel and alloy manufacturing. Noteworthy vendors such as Eramet and Vale SA invest in ferronickel production, driving market growth alongside nickel matte usage by companies like PJSC MMC Norilsk Nickel.

Application Insights 

Stainless steel, a significant segment in the market, finds widespread use across industries like construction, automotive, healthcare, and food processing due to its corrosion resistance, strength, and durability. With nickel playing a pivotal role in stainless steel production, its alloying process accounts for a substantial portion of global stainless steel output. Key vendors like BHP Group plc and PT Indonesia Asahan Aluminum provide various nickel grades tailored for stainless steel applications, driving market growth.

Market Regional Insights

APAC Region

APAC is estimated to contribute 93% to the growth of the global market during the forecast period. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period.

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Indonesia and China are major contributors to the market in the APAC region, collectively dominating global nickel output. Indonesia's vast nickel reserves drive its significant production levels, with the country boasting the world's largest nickel reserve according to the US Geological Survey. China's robust stainless steel industry, fueled by infrastructure development and urbanization, heavily relies on nickel imports. Additionally, China's rapid progress in electric vehicle (EV) manufacturing boosts demand for nickel-based batteries, further amplifying nickel's importance in the APAC market.

Market Dynamics

The market plays a pivotal role in various sectors, including the automotive industry and consumer goods industry. As a key component in lithium-ion batteries such as Nickel Cobalt Aluminum (NCA) and Nickel Manganese Cobalt (NMC), nickel powers the rise of electric cars and energy storage systems. Its applications extend to special steels, stainless steel (SS), and automobile batteries, ensuring lightweight and durable solutions. However, concerns over greenhouse emissions and health risks persist, prompting ongoing innovations in nickel usage across the construction industry, wind turbines, and medical industry.

Key Driver

An increase in infrastructure development and urbanization in emerging economies is the key factor driving the market. The rapid economic expansion in emerging economies such as China, India, and Southeast Asia is fueling urbanization and industrial development. Nickel, known for its corrosion resistance and strength, is witnessing heightened demand due to the surge in infrastructure projects worldwide, spanning transportation networks to residential and commercial structures. Stainless steel, a key construction material, is extensively utilized, particularly in initiatives like China's Belt and Road Initiative (BRI), where it's integral in bridge, railway, and port infrastructure development. Similarly, India's urbanization efforts, like the Smart Cities Mission, further drive the need for nickel-based materials in construction, aligning with the global trend towards sustainable and modern urban infrastructure. These factors collectively contribute to the anticipated growth of the market.

Key Trends

Expanding electroplating applications of nickel is the primary trend shaping the market. The market is experiencing growth due to rising demand for electroplating across industries like automotive, electronics, aeronautics, and construction. Electroplated nickel is crucial in these sectors for corrosion protection, ornamental finishes, and enhancing component longevity and conductivity. Technological advancements in electroplating, including pulse plating and electroless nickel processes, offer improved control over coating thickness and uniformity while reducing waste and energy consumption, further propelling market growth. Additionally, the proliferation of electronic devices and emerging technologies like 5G and electric vehicles drive demand for high-performance nickel-coated components, fostering market expansion.

Key Restraints

The prevalence of stringent regulations in nickel production, processing, and distribution is the major challenge that affects the market expansion. Environmental, labor, and trade policies impact various stages from mining to end-user industries. For instance, the Philippines enforces responsible mining practices to mitigate environmental impact, necessitating investments in pollution reduction technologies. Similarly, European Union air quality standards impose compliance burdens on nickel processing facilities, leading to increased operational costs. These regulatory hurdles are anticipated to impede market growth in the forecast period.

Who are the Major Market Companies?

Companies are implementing various market trends and analysis strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market and resulting of market growth analysis.

  • Anglo American plc: The company offers nickel which is used to make other alloys with special properties. Corrosion-resistant alloys are used in chemical plants, while super alloys withstand extreme temperatures and are used in aviation.

The  market  growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

BHP Group plc, Eramet, FPX Nickel, Glencore Plc, Global Ferronickel Holdings, Inc., Jinchuan Group International Resources Co. Ltd., Lundin Mining Corp., Lygend Resources and Technology Co., Ltd., Nickel Industries, Otto Chemie Pvt. Ltd., Pivotal Metals Ltd, PJSC MMC Norilsk Nickel, PT Indonesia Asahan Aluminum, PT. Trimegah Bangun Persada., Sherritt International Corp., Solway Investment Group, GmbH, SOUTH32, Sumitomo Metal Mining Co. Ltd., Vale SA, and Vedanta Ltd

The market analysis and report of qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market research and growth report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and forecasting strategies.

Global Market Customer Landscape

Market Analyst Overview:

The nickel market plays a crucial role in various industries like oil & gas, marine, and aerospace due to its properties such as corrosion & heat resistance. It is used in manufacturing exhaust systems, fuel tanks, suspension systems, and gaskets, among others. Nickel is also essential in the production of non-ferrous alloys, superalloys, and Ni-based alloys like Ni-Cu alloys and Ni-Al-Bronze. With the rise of electric vehicles (EVs), the demand for nickel, especially Class 1 and Class 2 nickel, is expected to increase further. Additionally, technologies like Electroless Ni-plating, Ni-Co plating, and Ni-Tin plating are used for various applications in the industry.

Moreover, the market is vital for industries requiring non-ferrous alloys like Ni-P-PTFE (Polytetrafluoroethylene) plating used in gas tanks and body & frame parts. It plays a crucial role in the aerospace industries for nickel (Ni)-based alloys, Non-ferrous alloys segment and Ni-Ag alloys. The market is influenced by nickel projects aimed at ensuring a sustainable supply of this essential metal.

Market Scope

Report Coverage

Details

Page number

175

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.06%

Market Growth 2024-2028

USD 16.55 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

-3.73

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 93%

Key countries

US, China, Indonesia, Japan, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Anglo American plc, BHP Group plc, Eramet, FPX Nickel, Glencore Plc, Global Ferronickel Holdings, Inc., Jinchuan Group International Resources Co. Ltd., Lundin Mining Corp., Lygend Resources and Technology Co., Ltd., Nickel Industries, Otto Chemie Pvt. Ltd., Pivotal Metals Ltd, PJSC MMC Norilsk Nickel, PT Indonesia Asahan Aluminum, PT. Trimegah Bangun Persada., Sherritt International Corp., Solway Investment Group, GmbH, SOUTH32, Sumitomo Metal Mining Co. Ltd., Vale SA, and Vedanta Ltd

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Nickel Market Research Report?

  • CAGR of the market forecast during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across APAC, Europe, North America, South America, and Middle East and Africa
  • Thorough market analysis and report of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global nickel market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global nickel market 2018 - 2022 ($ billion)
    • 4.2 Type Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.3 Application Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Application Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 Primary nickel - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Primary nickel - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Primary nickel - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Primary nickel - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Primary nickel - Year-over-year growth 2023-2028 (%)
    • 6.4 Regenerative nickel - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Regenerative nickel - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Regenerative nickel - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Regenerative nickel - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Regenerative nickel - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Type
      • Exhibit 42: Market opportunity by Type ($ billion)
      • Exhibit 43: Data Table on Market opportunity by Type ($ billion)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 44: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on Application - Market share 2023-2028 (%)
    • 7.2 Comparison by Application
      • Exhibit 46: Chart on Comparison by Application
      • Exhibit 47: Data Table on Comparison by Application
    • 7.3 Stainless steel - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Stainless steel - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 49: Data Table on Stainless steel - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 50: Chart on Stainless steel - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Stainless steel - Year-over-year growth 2023-2028 (%)
    • 7.4 Plating and casting - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Plating and casting - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Plating and casting - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Plating and casting - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Plating and casting - Year-over-year growth 2023-2028 (%)
    • 7.5 Alloys - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Alloys - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Alloys - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Alloys - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Alloys - Year-over-year growth 2023-2028 (%)
    • 7.6 Batteries - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Batteries - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Batteries - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Batteries - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Batteries - Year-over-year growth 2023-2028 (%)
    • 7.7 Others - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 65: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 66: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 7.8 Market opportunity by Application
      • Exhibit 68: Market opportunity by Application ($ billion)
      • Exhibit 69: Data Table on Market opportunity by Application ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 72: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 North America - Market size and forecast 2023-2028
      • Exhibit 83: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 China - Market size and forecast 2023-2028
      • Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.9 Indonesia - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Indonesia - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on Indonesia - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on Indonesia - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Indonesia - Year-over-year growth 2023-2028 (%)
    • 9.10 Japan - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.11 US - Market size and forecast 2023-2028
      • Exhibit 107: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.12 Germany - Market size and forecast 2023-2028
      • Exhibit 111: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 112: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 113: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ billion)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 Anglo American plc
              • Exhibit 123: Anglo American plc - Overview
              • Exhibit 124: Anglo American plc - Business segments
              • Exhibit 125: Anglo American plc - Key news
              • Exhibit 126: Anglo American plc - Key offerings
              • Exhibit 127: Anglo American plc - Segment focus
            • 12.4 BHP Group plc
              • Exhibit 128: BHP Group plc - Overview
              • Exhibit 129: BHP Group plc - Business segments
              • Exhibit 130: BHP Group plc - Key offerings
              • Exhibit 131: BHP Group plc - Segment focus
            • 12.5 Eramet
              • Exhibit 132: Eramet - Overview
              • Exhibit 133: Eramet - Business segments
              • Exhibit 134: Eramet - Key news
              • Exhibit 135: Eramet - Key offerings
              • Exhibit 136: Eramet - Segment focus
            • 12.6 FPX Nickel
              • Exhibit 137: FPX Nickel - Overview
              • Exhibit 138: FPX Nickel - Product / Service
              • Exhibit 139: FPX Nickel - Key offerings
            • 12.7 Glencore Plc
              • Exhibit 140: Glencore Plc - Overview
              • Exhibit 141: Glencore Plc - Business segments
              • Exhibit 142: Glencore Plc - Key offerings
              • Exhibit 143: Glencore Plc - Segment focus
            • 12.8 Jinchuan Group International Resources Co. Ltd.
              • Exhibit 144: Jinchuan Group International Resources Co. Ltd. - Overview
              • Exhibit 145: Jinchuan Group International Resources Co. Ltd. - Product / Service
              • Exhibit 146: Jinchuan Group International Resources Co. Ltd. - Key offerings
            • 12.9 Lundin Mining Corp.
              • Exhibit 147: Lundin Mining Corp. - Overview
              • Exhibit 148: Lundin Mining Corp. - Key offerings
            • 12.10 Nickel Industries
              • Exhibit 149: Nickel Industries - Overview
              • Exhibit 150: Nickel Industries - Product / Service
              • Exhibit 151: Nickel Industries - Key offerings
            • 12.11 Otto Chemie Pvt. Ltd.
              • Exhibit 152: Otto Chemie Pvt. Ltd. - Overview
              • Exhibit 153: Otto Chemie Pvt. Ltd. - Product / Service
              • Exhibit 154: Otto Chemie Pvt. Ltd. - Key offerings
            • 12.12 Pivotal Metals Ltd
              • Exhibit 155: Pivotal Metals Ltd - Overview
              • Exhibit 156: Pivotal Metals Ltd - Product / Service
              • Exhibit 157: Pivotal Metals Ltd - Key offerings
            • 12.13 PJSC MMC Norilsk Nickel
              • Exhibit 158: PJSC MMC Norilsk Nickel - Overview
              • Exhibit 159: PJSC MMC Norilsk Nickel - Business segments
              • Exhibit 160: PJSC MMC Norilsk Nickel - Key news
              • Exhibit 161: PJSC MMC Norilsk Nickel - Key offerings
              • Exhibit 162: PJSC MMC Norilsk Nickel - Segment focus
            • 12.14 PT Indonesia Asahan Aluminum
              • Exhibit 163: PT Indonesia Asahan Aluminum - Overview
              • Exhibit 164: PT Indonesia Asahan Aluminum - Product / Service
              • Exhibit 165: PT Indonesia Asahan Aluminum - Key offerings
            • 12.15 Sherritt International Corp.
              • Exhibit 166: Sherritt International Corp. - Overview
              • Exhibit 167: Sherritt International Corp. - Business segments
              • Exhibit 168: Sherritt International Corp. - Key offerings
              • Exhibit 169: Sherritt International Corp. - Segment focus
            • 12.16 SOUTH32
              • Exhibit 170: SOUTH32 - Overview
              • Exhibit 171: SOUTH32 - Product / Service
              • Exhibit 172: SOUTH32 - Key news
              • Exhibit 173: SOUTH32 - Key offerings
            • 12.17 Vale SA
              • Exhibit 174: Vale SA - Overview
              • Exhibit 175: Vale SA - Product / Service
              • Exhibit 176: Vale SA - Key news
              • Exhibit 177: Vale SA - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 178: Inclusions checklist
                • Exhibit 179: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 180: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 181: Research methodology
                • Exhibit 182: Validation techniques employed for market sizing
                • Exhibit 183: Information sources
              • 13.5 List of abbreviations
                • Exhibit 184: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              nickel market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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