Nickel Market Research Reports
Nickel Market Research
The nickel market has largely seen strong growth in demand. Demand for nickel is predominantly driven by stainless steel production, which accounts for almost two-thirds of total nickel consumption.
Research indicates that the rise in demand for nickel in the coming years will primarily be due to an increase in demand for stainless steel. Stainless steel production, the largest end-use for nickel, is forecast to reach almost 30Mt in 2011. Given the market surplus forecast to develop between 2010 and 2012, nickel prices are expected to be stable. The annual average price in 2010 was forecast to be around US$20,000/t, and expected to rise in both 2011 and 2012. The average price between 2010 and 2012 is forecast at just over US$22,000/t.
Research findings further indicate that the global nickel market may reach 2.5m tonnes by 2015. Europe and Asia-Pacific account for over 72% of the global nickel market.
The Nickel market research reports incorporate trend analysis, statistics, market size information, industry growth rates, as well as market share of competitors. The comprehensive research also goes on to examine details such as technology & systems and domestic & international markets.
The study is an essential resource for top-level data and analysis covering the nickel industry. It includes detailed data on market size and segmentation, comprehensive analysis of the key trends and competitive landscape, and profiles of the leading companies.
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