Global Ferronickel Market Growth 2019-2024

SKU ID : LPI-13881388 | Publishing Date : 22-Feb-2019 | No. of pages : 162

Ferronickel is a ferroalloy. Its CAS number is 11110-39-7. It is a shiny metallic solid material and can be obtained from the carbothermic reduction of serpentinic minerals, such as serpentine, limonite, or garnierite. It enables the production of products with special electronic, magnetic and catalytic properties.
Ferronickel remains stable under normal storage conditions; however, when exposed to carbon oxides in reducing atmospheres, there is a risk of forming the toxic gas nickel carbonyl.
In consumption market, the growth rate of global consumption volume is smooth relatively. USA, China and Europe are still the mainly consumption regions due to the advanced production technology and rapid development of economy.
Ferronickel can be classified as some types depend on the content of nickel, such as Ferronickel(Nickel<15%),Ferronickel(Nickel1525%),Ferronickel(Nickel25-35%), etc. Because it mainly used in the production of stainless steel, the downstream market is very simple. Sales are heavily dependent on the production of stainless steel
The major raw material of ferronickel is Nickel Ore. On the global market, supply of raw materials is full.But the distribution is very concentrated, mainly around the equator, for example, Philippines and Malaysia are the main suppliers. Fluctuations in the price of the upstream product will influence the production cost of ferronickel industry.
We tend to believe this industry is a mature industry, and the consumption increasing degree will show a smooth growth curve. As to prices, Because of the restrictions on Indonesia's and Philippines's export of raw ore. It has led to a rising price. This trend will remain in the next few years.

According to this study, over the next five years the Ferronickel market will register a 5.8% CAGR in terms of revenue, the global market size will reach US$ 16600 million by 2024, from US$ 11800 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Ferronickel business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Ferronickel market by product type, application, key manufacturers and key regions and countries.

This study considers the Ferronickel value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Ferronickel(Nickel<15%)
Ferronickel(Nickel15-25%)
Ferronickel(Nickel25-35%)
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Stainless Steel Industry
Electronics Industry
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Shandong Xinhai Technology
Tsingshan Holding Group
Eramet
Linyi Yichen Alloy
Jiangsu Delong Nickel Industry
Shengyang Group
Anglo American
South32
Koniambo Nickel
Pacific Steel Mfg
Sumitomo Metal Mining
PT Central Omega Resources
SNNC
Vale
PT Antam
Larco

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Ferronickel consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Ferronickel market by identifying its various subsegments.
Focuses on the key global Ferronickel manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Ferronickel with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Ferronickel submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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