Global Nickel Market with Focus on EV Batteries: Insights, Trends and Forecast (2019-2023)
The fastest growing regional market is China, owing to surge in the production capacities of domestic metal extracting plants and increasing trend of industrialists shifting towards high-end metal refining machines over traditional refining machines.
By: Koncept Analytics
Nickel is widely used in a number of products for consumer, industrial, military, transport/aerospace, marine and architectural applications. Nickel has been commonly used in coins because of its bright, durable and corrosion resistant coatings applied on steel. The biggest use of nickel is as an alloying metal along with chromium and other metals in the production of stainless and heat-resisting steels to increase the tensile strength, toughness and elastic limit of product.
Scope of the report:
• The report provides a comprehensive analysis of the global nickel market report with focus on EV batteries.
• The major regional markets (China, Indonesia and US) have been analysed.
• The market dynamics such as growth drivers, market trends and challenges are analysed in-depth.
• The competitive landscape of the market, along with the company profiles of leading players i.e. The Norilsk Nickel Group, Vale S.A., BHP Billiton Limited, Jinchuan Group International Resources Co. Ltd, Glencore PLC and Sherritt International Corporation are also presented in detail.
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