Research and Markets: Global Nickel Market Outlook 2015-2020 - Growth in Hybrid Vehicle Market Boosts Nickel Demand
07 March 2015 - 1:00AM
Business Wire
Research and Markets
(http://www.researchandmarkets.com/research/rzpk2t/global_nickel)
has announced the addition of the "Global Nickel Market Outlook
2020" report to their offering.
The global nickel market has witnessed strong growth in
production as well as consumption patterns, in the recent years.
Although consumption levels increased across the world, China
exhibited one of the largest growth rates. This phenomenal growth
has made China, the world's largest consumer of nickel, and the
country is anticipated to account for a larger share in the coming
years as well.
According to our latest research report Global Nickel Market
Outlook 2020, nickel consumption is dominated by the stainless
steel sector. This growing demand from stainless steel producers, a
trend that is likely to continue in the near future as well, will
drive the buoyant global nickel market. Our report reveals that
global refined nickel consumption is continuously increasing as it
is used in more industrialized products. Various industries that
have high application of refined nickel, for instance, developed
automotive and aerospace industries are raising the demand for the
metal. It is anticipated that the global nickel consumption will
grow at a CAGR of around 11% during 2015-2020.
Various developing countries, more particularly, China and India
will play a major role in the growth of the nickel industry in the
coming years. However, developed countries, like US, are also
expected to witness a strong demand in future. Such growth is due
to the well-developed automotive and aerospace industries, and also
improving economic conditions. In recent years, New Caledonia has
been gaining a position in the global nickel market because of its
high nickel reserves.
Our report comprehensively analyzes and forecasts global nickel
mine production, refined nickel production and refined nickel
consumption till 2020. We have taken into account the countries
that are leading in the production and consumption of nickel.
Detailed historic and future perspectives of the countries have
also been provided with data forecasted till 2020. This will help
potential investors in identifying the growth opportunities in both
global and regional nickel industries.
Besides, the report also includes price movement,
country-specific nickel reserves, and market drivers, to help the
clients analyze the opportunities critical for the success of the
nickel industry. Furthermore, the report provides profiling of the
prominent industry players such as Norilsk Nickel, BHP Billiton,
Vale, and many others to provide a balanced research outlook of the
whole industry. The section covers their business overview, key
financials and recent developments of the major players. Overall,
the report presents optimum information and balanced research
outlook on the potentials of the global nickel industry.
Key Topics Covered:
1. Analyst View
2. Research Methodology
3. Global Nickel Industry Outlook to 2020
4. Nickel Industry - Geographical Spread
5. Market Drivers
6. Price Analysis
7. Key Players
- BHP Billiton
- Glencore Xstrata
- Jinchuan Group
- Norilsk Nickel
- Vale
For more information visit
http://www.researchandmarkets.com/research/rzpk2t/global_nickel
Research and MarketsLaura Wood, Senior
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U.S.): +353-1-481-1716Sector: Metals and Minerals