+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Nickel: Global Strategic Business Report

  • PDF Icon

    Report

  • 283 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338731

Global Nickel Market to Reach 3.5 Million Tons by 2030

The global market for Nickel estimated at 2 Million Tons in the year 2022, is projected to reach a revised size of 3.5 Million Tons by 2030, growing at a CAGR of 7.1% over the analysis period 2022-2030. Stainless Steel, one of the segments analyzed in the report, is projected to record 7.7% CAGR and reach 2.5 Million Tons by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Other Alloy Steel segment is readjusted to a revised 4.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at 551.3 Thousand Tons, While China is Forecast to Grow at 11.3% CAGR

The Nickel market in the U.S. is estimated at 551.3 Thousand Tons in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of 802.4 Thousand Tons by the year 2030 trailing a CAGR of 11.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4% and 5.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.

Select Competitors (Total 184 Featured) -

  • Baosteel Group Corporation
  • Belmont Metals, Inc.
  • Eramet Group
  • H.C. Starck GmbH
  • Outokumpu Oyj
  • RUSAL

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Nickel - Global Key Competitors Percentage Market Share in 2021 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2021 (E)
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Nickel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Nickel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
  • Table 3: World 16-Year Perspective for Nickel by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Stainless Steel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2022 through 2030 and % CAGR
  • Table 5: World Historic Review for Stainless Steel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
  • Table 6: World 16-Year Perspective for Stainless Steel by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Other Alloy Steel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2022 through 2030 and % CAGR
  • Table 8: World Historic Review for Other Alloy Steel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
  • Table 9: World 16-Year Perspective for Other Alloy Steel by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Cast Irons by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2022 through 2030 and % CAGR
  • Table 11: World Historic Review for Cast Irons by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
  • Table 12: World 16-Year Perspective for Cast Irons by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Electroplating by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2022 through 2030 and % CAGR
  • Table 14: World Historic Review for Electroplating by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
  • Table 15: World 16-Year Perspective for Electroplating by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2022 through 2030 and % CAGR
  • Table 17: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
  • Table 18: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Alloys & Castings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2022 through 2030 and % CAGR
  • Table 20: World Historic Review for Alloys & Castings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
  • Table 21: World 16-Year Perspective for Alloys & Castings by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 22: World Nickel Market Analysis of Annual Sales in Tons for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Nickel Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Table 23: USA Recent Past, Current & Future Analysis for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
  • Table 24: USA Historic Review for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
  • Table 25: USA 16-Year Perspective for Nickel by End-Use - Percentage Breakdown of Value Sales for Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses for the Years 2014, 2023 & 2030
CANADA
  • Table 26: Canada Recent Past, Current & Future Analysis for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
  • Table 27: Canada Historic Review for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
  • Table 28: Canada 16-Year Perspective for Nickel by End-Use - Percentage Breakdown of Value Sales for Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses for the Years 2014, 2023 & 2030
JAPAN
  • Nickel Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Table 29: Japan Recent Past, Current & Future Analysis for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
  • Table 30: Japan Historic Review for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
  • Table 31: Japan 16-Year Perspective for Nickel by End-Use - Percentage Breakdown of Value Sales for Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses for the Years 2014, 2023 & 2030
CHINA
  • Nickel Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Table 32: China Recent Past, Current & Future Analysis for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
  • Table 33: China Historic Review for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
  • Table 34: China 16-Year Perspective for Nickel by End-Use - Percentage Breakdown of Value Sales for Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses for the Years 2014, 2023 & 2030
EUROPE
  • Nickel Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Table 35: Europe Recent Past, Current & Future Analysis for Nickel by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in Tons for Years 2022 through 2030 and % CAGR
  • Table 36: Europe Historic Review for Nickel by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
  • Table 37: Europe 16-Year Perspective for Nickel by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2023 & 2030
  • Table 38: Europe Recent Past, Current & Future Analysis for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
  • Table 39: Europe Historic Review for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
  • Table 40: Europe 16-Year Perspective for Nickel by End-Use - Percentage Breakdown of Value Sales for Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses for the Years 2014, 2023 & 2030
FRANCE
  • Nickel Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • Table 41: France Recent Past, Current & Future Analysis for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
  • Table 42: France Historic Review for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
  • Table 43: France 16-Year Perspective for Nickel by End-Use - Percentage Breakdown of Value Sales for Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses for the Years 2014, 2023 & 2030
GERMANY
  • Nickel Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • Table 44: Germany Recent Past, Current & Future Analysis for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
  • Table 45: Germany Historic Review for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
  • Table 46: Germany 16-Year Perspective for Nickel by End-Use - Percentage Breakdown of Value Sales for Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses for the Years 2014, 2023 & 2030
ITALY
  • Table 47: Italy Recent Past, Current & Future Analysis for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
  • Table 48: Italy Historic Review for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
  • Table 49: Italy 16-Year Perspective for Nickel by End-Use - Percentage Breakdown of Value Sales for Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses for the Years 2014, 2023 & 2030
UNITED KINGDOM
  • Nickel Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • Table 50: UK Recent Past, Current & Future Analysis for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
  • Table 51: UK Historic Review for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
  • Table 52: UK 16-Year Perspective for Nickel by End-Use - Percentage Breakdown of Value Sales for Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses for the Years 2014, 2023 & 2030
SPAIN
  • Table 53: Spain Recent Past, Current & Future Analysis for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
  • Table 54: Spain Historic Review for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
  • Table 55: Spain 16-Year Perspective for Nickel by End-Use - Percentage Breakdown of Value Sales for Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses for the Years 2014, 2023 & 2030
RUSSIA
  • Table 56: Russia Recent Past, Current & Future Analysis for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
  • Table 57: Russia Historic Review for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
  • Table 58: Russia 16-Year Perspective for Nickel by End-Use - Percentage Breakdown of Value Sales for Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses for the Years 2014, 2023 & 2030
REST OF EUROPE
  • Table 59: Rest of Europe Recent Past, Current & Future Analysis for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
  • Table 60: Rest of Europe Historic Review for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
  • Table 61: Rest of Europe 16-Year Perspective for Nickel by End-Use - Percentage Breakdown of Value Sales for Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses for the Years 2014, 2023 & 2030
ASIA-PACIFIC
  • Nickel Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Table 62: Asia-Pacific Recent Past, Current & Future Analysis for Nickel by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in Tons for Years 2022 through 2030 and % CAGR
  • Table 63: Asia-Pacific Historic Review for Nickel by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
  • Table 64: Asia-Pacific 16-Year Perspective for Nickel by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2023 & 2030
  • Table 65: Asia-Pacific Recent Past, Current & Future Analysis for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
  • Table 66: Asia-Pacific Historic Review for Nickel by End-Use - Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
  • Table 67: Asia-Pacific 16-Year Perspective for Nickel by End-Use - Percentage Breakdown of Value Sales for Stainless Steel, Other Alloy Steel, Cast Irons, Alloys & Castings, Electroplating and Other End-Uses for the Years 2014, 2023 & 2030
AUSTRALIA
  • Nickel Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
INDIA
  • Nickel Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Nickel Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Nickel Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Nickel Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Baosteel Group Corporation
  • Belmont Metals, Inc.
  • Eramet Group
  • H.C. Starck GmbH
  • Outokumpu Oyj
  • RUSAL