Nickel is a silver-white lustrous metal with a slight golden tinge. The element is hard and ductile, and commonly found in iron meteorites as the alloys kamacite and taenite. The element is acquired through extractive metallurgy and is separated from its ore by conventional roasting and reduction processes, which yield a metal of greater purity. 75% of the pure nickel can be used without any purification in stainless steel applications. New Caledonia and Australia have the highest estimated reserves. The Philippines, Indonesia and Australia are expected to remain the largest producers of nickel worldwide, with a market share of XX%, YY%, and ZZ%, respectively.
Increase in the Chinese stainless steel industry and growth in the battery market of China, Korea, and Japan are expected to further grow the demand for nickel. Infrastructural development in China and India is also anticipated to boost the market. On the other hand, high investments and environmental considerations during mining activities are restraining the market growth.
The market has been segmented on the basis of application and region. Based on application, the market has been segmented into nickel steel, electroplating, nonferrous alloys and super alloys, and others (nickel, brasses, and bronzes). In 2017, the nickel steel sector with a share of XX% is expected to dominate the market. Geographically, the market has been segmented into North America, South America, Middle East & Africa, Europe, and Asia-Pacific. In 2017, Asia-Pacific with a share of XX% is expected to dominate the market.
Opportunities and Major Players
The United States is anticipated to witness a major opportunity of demand growth for nickel, due to the upcoming developments in automotive and aerospace industries. The increasing consumption level of nickel in China is also expected to boost the market. With the onset of electronic vehicles, a heavy demand for nickel is expected, which will further accelerate the market growth.
Major Players in the Global Market Include:
BHP Billiton Ltd
Key Deliverables in the Study
Market analysis, with country-specific assessments and competition analysis on the global scale.
Market definition, along with the identification of factors instrumental in changing the market scenario and prospective opportunities.
Extensively researched competitive landscape section with profiles of major companies, along with their market share.
Identification and analysis of the macro and micro factors that affect the nickel market on the global level.
A comprehensive list of key market players, along with the analysis of their current strategic interests and key financial information.
1.1 Scope of the Report
1.2 Research Methodology
2. Executive Summary
3. Market Insights
3.1 Industry Value-Chain Analysis
3.2 Industry Attractiveness - Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products & Services
3.2.5 Degree of Competition
3.3 Technological Snapshot
3.4 Trade Analysis
3.5 Regulatory Policy Analysis
4. Market Dynamics
4.1.1 Increase in Chinese Stainless Steel Industry
4.1.2 Growth in Battery Market in China, Korea, and Japan to Increase Demand for Nickel
4.1.3 Infrastructural Development in China and India anticipated to Grow the demand
4.2.1 High Investment for Mining
4.2.2 Environmental Considerations during Mining Activities
4.2.3 Other Restraints
4.3.1 United States Automotive and Aerospace Industries to Provide Growth Opportunity
4.3.2 Rising Consumption Levels of Nickel in China
4.3.3 Onset of Electronic Vehicles to Provide an Opportunity
5. Market Segmentation and Analysis
5.1 By Application
5.1.1 Nickel Steel
5.1.3 Nonferrous Alloys and Superalloys
5.1.4 Others ( Nickel, Brasses, and Bronzes )
6. Regional Market Analysis
6.1.4 South Korea
6.1.5 Australia & New Zealand
6.1.6 ASEAN Countries
6.1.7 Rest of Asia-Pacific
6.2 North America
6.2.1 United States
6.2.4 Rest of North America
6.3.2 United Kingdom
6.3.7 Nordic Countries
6.3.8 Rest of Europe
6.4 South America
6.4.5 Rest of South America
6.5 Middle-East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East & Africa
7. Future of the Market
8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
8.2 Market Share Analysis
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
9.1 Anglo American plc
9.2 BHP Billiton Ltd.
9.3 Eramet SA
9.4 Glencore PLC
9.5 Jinchuan Group
9.6 Minara Resources
9.7 Norilsk Nickel
9.8 Sherritt International Corp.
9.9 Sumitomo Metal Mining Co., Ltd.
*list not exhaustive
** subject to feasibility and availability on public domain