Covid-19 Impact on Nickel Metal Market, Global Research Reports 2020-2021

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.
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.

This report provides a complete quantitative data and qualitative analysis on the global market for Nickel Metal. Market size is analysed by country, product type, application, and competitors. Expanded coverage includes additional end-user industry breakdowns and in-depth producer profiles.
Prior to COVID-19, the global market for Nickel Metal was anticipated to grow from US$ XX million in 2020 to US$ XX million by 2026; it is expected to grow at a CAGR of xx% during 2021–2026, whereas post-COVID-19 scenario, the market for Nickel Metal is projected to grow from US$ XX million in 2020 (a change by ~XX% compared to market estimated for 2020 before the outbreak of COVID-19) to US$ XX billion by 2026; it is expected to grow at a CAGR of XX% during 2021–2026.
This report covers market size and forecasts of Nickel Metal, including the following market information:
Global Nickel Metal Market Size, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K MT)
Global Nickel Metal Market Size by Type and by Application, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K MT)
Global Nickel Metal Market Size by Region (and Key Countries), 2019-2021, and 2020 (quarterly data), (US$ Million) & (K MT)
Global Nickel Metal Market Size by Company, 2019- 2020 (quarterly data), (US$ Million) & (K MT)

Key market players
Major competitors identified in this market include MMC Norilsk Nickel, Vale SA, BHP Billiton, Jinchuan Group, Glencore, Sherritt International Corp, Eramet SA, Sumitomo Metal Mining, Anglo American, Minara Resources, etc.

Based on the Region:
Asia-Pacific (China, Japan, South Korea, India and ASEAN)
North America (US and Canada)
Europe (Germany, France, UK and Italy)
Rest of World (Latin America, Middle East & Africa)

Based on the Type:
Nickeliferous Limonite Smelting
Garnierite Smelting

Based on the Application:
Steel Industry
Aerospace Industry
Electroplating Industry
Chemical Industry