The analysts forecast the Global Primary Nickel Market to grow at a CAGR of 2.09% during the period 2018-2022.
Primary nickel is used to make stainless steel, special steel, castings, chemicals, batteries, and others. It is extensively used in multiple end-user industries such as engineering, transport, metal goods, tubular products, electrical and electronics, architecture, building, and construction.
The report covers the present scenario and the growth prospects of the primary nickel market. To calculate the market size, the report considers the revenue generated from primary nickel.
One trend affecting this market is nickel recycling The enhanced corrosion resistance and high prices of nickel make it highly recyclable. The increased recyclability of nickel leads to the increased percentage of recycled material in primary nickel. The recycling of nickel is projected as a solution to meet the growing demand for the metal in various end-user segments.
One driver influencing this market is the increasing production of stainless steel. The global stainless-steel market has been growing continuously. The factors contributing to the increased production of stainless steel include increased use of stainless steel bars in the construction sector, escalating rate of industrialization, and rising focus on R&D.
The report states that one challenge affecting this market is stringent regulations. There exist stringent regulations pertaining to mining, production, processing, consumption, and recycling of nickel or nickel-based products. There are several legislations issued by various economies and regulatory bodies that restrict the production and use of nickel.
- Anglo American
- Norilsk Nickel
Key Topics Covered:
1: Executive Summary
2: Scope Of The Report
3: Research Methodology
4: Market Landscape
5: Market Sizing
6: Five Forces Analysis
7: Market Segmentation By Application
8: Customer Landscape
9: Market Segmentation By End-User
10: Regional Landscape
11: Decision Framework
12: Drivers And Challenges
13: Market Trends
14: Vendor Landscape
15: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/jswwzf/global_primary?w=4