Los Angeles, CA -- (SBWIRE) -- 05/17/2019 -- Nickel belongs to the transition metals and is hard and ductile. Pure nickel, powdered to maximize the reactive surface area, shows a significant chemical activity, but larger pieces are slow to react with air under standard conditions because an oxide layer forms on the surface and prevents further corrosion (passivation). Nickel is used as the cathode material for lithium-ion batteries and used in increasingly large quantities. The demand for nickel base metal in the battery industry is further backed by the rapid volume growth of the electric vehicle market.

It is also driven by the increased intensity of the use of nickel to improve the energy density of batteries and extend driving range. 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 tensil strength, toughness and elastic limit of product. Stainless steel is mostly used in industry and construction but also for products in the home such as pots, pans, sinks etc. A major share of nickel is used in the production of stainless steel to meet special industry requirements for corrosion and heat resistance and also to facilitate a clean and hygienic surface for food and other processing.

The global Nickel market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025. This report studies the Nickel market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Nickel in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Anglo American

BHP

Cubaniquel

Cunico

Eramet

Glencore

Independence Group

Jinchuan Group International Resources

Norilsk Nickel

Pacific Metal

Queensland Nickel

Sherritt

Sumitomo

Terrafame

Vale

By the product type, the market is primarily split into

3N

4N

5N

By the end users/application, this report covers the following segments

Stainless steels and alloy steel

Non-ferrous alloys and super alloys

Electroplating

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