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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.Market Analysis and Insights: Global and United States Refined Nickel Market
This report focuses on global and United States Refined Nickel market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Refined Nickel market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type, Nickeliferous Limonite Smelting accounting for % of the Refined Nickel global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Steel Industry was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
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.
Global Refined Nickel Scope and Market Size
Refined Nickel market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Refined Nickel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Refined Nickel market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type, the Refined Nickel market is segmented into
Nickeliferous Limonite Smelting
Garnierite Smelting
Segment by Application, the Refined Nickel market is segmented into
Steel Industry
Aerospace Industry
Electroplating Industry
Chemical Industry
Regional and Country-level Analysis
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Competitive Landscape and Refined Nickel Market Share Analysis
Refined Nickel market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2017-2022. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2017-2022. Details included are company description, major business, company total revenue and the sales, revenue generated in Refined Nickel business, the date to enter into the Refined Nickel market, Refined Nickel product introduction, recent developments, etc.
The major vendors covered:
Company
MMC Norilsk Nickel
Vale SA
BHP Billiton
Jinchuan Group
Glencore
Sherritt International Corp
Eramet SA
Sumitomo Metal Mining
Anglo American
Minara Resources
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Global and United States Refined Nickel market
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