Global Nickel Market with Focus on EV Batteries: Insights, Trends and Forecast (2019-2023)

September 2019 | 112 pages | ID: GD915815E50EN
Koncept Analytics

Abstracts

The global nickel production volume is projected to reach 2,507 kilo tonnes in 2023, growing at a CAGR of 2.3%, for the period spanning from 2019 to 2023. The factors such as upsurge in energy storage system (ESS), increasing electric vehicles penetration, rising demand for stainless steel, growing use of nickel in batteries and increasing nickel mine production countries are expected to drive the market growth. However, growth of the industry would be challenged by underinvestment in sulphide ores and deficit expanding. A few notable trends include government support, rising NPI capacity, favorable pricing, nickel-intensive technologies and high nickel demand in Europe.

Nickel is widely used in a number of products for consumer, industrial, military, transport/aerospace, marine and architectural applications. Nickel has been commonly used in coins because of its bright, durable and corrosion resistant coatings applied on steel. 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 tensile strength, toughness and elastic limit of product.

The fastest growing regional market is China, owing to surge in the production capacities of domestic metal extracting plants and increasing trend of industrialists shifting towards high-end metal refining machines over traditional refining machines.

Scope of the report:

• The report provides a comprehensive analysis of the global nickel market report with focus on EV batteries.
• The major regional markets (China, Indonesia and US) have been analysed.
• The market dynamics such as growth drivers, market trends and challenges are analysed in-depth.
• The competitive landscape of the market, along with the company profiles of leading players i.e. The Norilsk Nickel Group, Vale S.A., BHP Billiton Limited, Jinchuan Group International Resources Co. Ltd, Glencore PLC and Sherritt International Corporation are also presented in detail.

Key Target Audience:

• Nickel/EV Manufacturers
• Raw Material/Component Suppliers
• End Users
• Consulting Firms
• Investment Banks
• Government Bodies & Regulating Authorities

Contents

1. MARKET OVERVIEW

1.1 Introduction
1.2 Nickel Deposits and Reserves
1.3 Nickel Production Process
1.4 Nickel Products
1.5 Nickel Primary Products
1.6 Applications of Nickel

2. GLOBAL NICKEL MARKET ANALYSIS

2.1 Global Nickel Mine Production Volume
2.2 Global Nickel Mine Production Volume Forecast
2.3 Global Nickel Mine Production Volume by Region
2.4 Global Nickel Production Volume
2.5 Global Nickel Production Volume Forecast
2.6 Global Nickel Production Volume by Region
2.7 Global Nickel Market by Product Class
2.8 Global Nickel Resources by Deposits
2.9 Global Nickel Reserves by Region
2.10 Global Nickel Consumption Volume
2.11 Global Nickel Consumption Volume Forecast
2.12 Global Nickel Consumption Volume by Application
  2.12.1 Global Nickel Stainless Steel Consumption Volume Forecast
  2.12.2 Global Stainless Steel Consumption Volume by End Use
  2.12.3 Global Stainless Steel Production Volume
  2.12.4 Global Stainless Steel Production Volume Forecast
  2.12.5 Global Stainless Steel Production Volume by Region
  2.12.6 Global Nickel Non-Stainless Consumption Volume Forecast
2.13 Global Nickel Consumption Volume by End Market

3. REGIONAL NICKEL MARKET ANALYSIS

3.1 China
  3.1.1 China Nickel Production Volume
  3.1.2 China Nickel Production Volume Forecast
  3.1.3 China Nickel Consumption Volume
  3.1.4 China Nickel Consumption Volume Forecast
  3.1.5 China Stainless Steel Production Volume
  3.1.6 China Stainless Steel Production Volume Forecast
  3.1.7 China NPI Production Volume
  3.1.8 China NPI Production Volume Forecast
  3.1.9 China Nickel Ore Imports Volume
  3.1.10 China Nickel Import by Products
3.2 Indonesia
  3.2.1 Indonesia NPI Production Volume
  3.2.2 Indonesia NPI Production Volume Forecast
  3.2.3 Indonesia Stainless Steel Production Volume Forecast
3.3 The U.S.
  3.3.1 The U.S. Nickel Consumption Volume
  3.3.2 The U.S. Nickel Imports Volume
  3.3.3 The U.S. Nickel Imports Volume by Region
  3.3.4 The U.S. Stainless Steel Production Volume
  3.3.5 The U.S. Stainless Steel Production Volume Forecast

4. ELECTRIC VEHICLES BATTERIES MARKET ANALYSIS

4.1 New Electric Vehicles (NEV) Sales Volume by Type
4.2 Nickel Battery Cathode Demand Volume Forecast in NEVs

5. MARKET DYNAMICS

5.1 Growth Drivers
  5.1.1 Upsurge in Energy Storage System (ESS)
  5.1.2 Increasing Electric Vehicles Penetration
  5.1.3 Rising Demand for Stainless Steel
  5.1.4 Growing Use of Nickel in Batteries
  5.1.5 Increasing Nickel Mine Production Countries
5.2 Key Trends and Developments
  5.2.1 Government Support
  5.2.2 Rising NPI Capacity
  5.2.3 Favorable Pricing
  5.2.4 Nickel-Intensive Technologies
  5.2.5 High Nickel Demand in Europe
5.3 Challenges
  5.3.1 Underinvestment in Sulphide Ores
  5.3.2 Increasing Deficit

6. COMPETITIVE LANDSCAPE

6.1 Global Nickel Market
  6.1.1 Key Players – Revenue and Market Cap Comparison
  6.1.2 Key Players – Nickel Production Comparison

7. COMPANY PROFILES

7.1 The Norilsk Nickel Group
  7.1.1 Business Overview
  7.1.2 Financial Overview
  7.1.3 Business Strategies
7.2 Vale S.A.
  7.2.1 Business Overview
  7.2.2 Financial Overview
  7.2.3 Business Strategies
7.3 BHP Billiton Limited
  7.3.1 Business Overview
  7.3.2 Financial Overview
  7.3.3 Business Strategies
7.4 Jinchuan Group International Resources Co. Ltd
  7.4.1 Business Overview
  7.4.2 Financial Overview
  7.4.3 Business Strategies
7.5 Glencore PLC
  7.5.1 Business Overview
  7.5.2 Financial Overview
  7.5.3 Business Strategies
7.6 Sherritt International Corporation
  7.6.1 Business Overview
  7.6.2 Financial Overview

List Of Figures

LIST OF FIGURES

Primary Nickel Products
Global Nickel Mine Production Volume (2014-2018)
Global Nickel Mine Production Volume Forecast (2019-2023)
Global Nickel Mine Production Volume by Region (2018)
Global Nickel Production Volume (2014-2018)
Global Nickel Production Volume Forecast (2019-2023)
Global Nickel Production Volume by Region (2018)
Global Nickel Market by Product Class (2018)
Global Nickel Resources by Deposits (2018)
Global Nickel Reserves by Region (2018)
Global Nickel Consumption Volume (2014-2018)
Global Nickel Consumption Volume Forecast (2019-2023)
Global Nickel Consumption Volume by Application (2018)
Global Nickel Stainless Steel Consumption Volume Forecast (2018-2023)
Global Stainless Steel Consumption by End Use (2018)
Global Stainless Steel Production Volume (2014-2018)
Global Stainless Steel Production Volume Forecast (2019-2023)
Global Stainless Steel Production Volume by Region (2018)
Global Nickel Non-Stainless Consumption Volume Forecast (2018-2023)
Global Nickel Consumption Volume by End Market (2018)
China Nickel Production Volume (2014-2018)
China Nickel Production Volume Forecast (2019-2023)
China Nickel Consumption Volume (2014-2018)
China Nickel Consumption Volume Forecast (2019-2023)
China Stainless Steel Production Volume (2014-2018)
China Stainless Steel Production Volume Forecast (2019-2023)
China NPI Production Volume (2014-2018)
China NPI Production Volume Forecast (2019-2023)
China Nickel Ore Imports Volume (2014-2018)
China Nickel Import by Products (2014-2018)
Indonesia NPI Production Volume (2014-2018)
Indonesia NPI Production Volume Forecast (2019-2023)
Indonesia Stainless Steel Production Volume Forecast (2018-2023)
The U.S. Nickel Consumption Volume (2014-2018)
The U.S. Nickel Imports Volume (2014-2018)
The U.S. Nickel Imports Volume by Region (2018)
The U.S. Stainless Steel Production Volume (2014-2018)
The U.S. Stainless Steel Production Volume Forecast (2019-2023)
New Electric Vehicles (NEV) Sales Volume by Type (2018-2023)
Nickel Battery Cathode Demand Volume Forecast in NEVs (2018-2023)
Global New Clean Energy Capacity Forecast (2018-2023)
Global Electric Vehicle Sales (2018-2023)
Global Nickel Stainless Steel Demand Share (2014-2018)
Global Nickel Battery Demand (2018-2023)
Nickel Mine Production Countries (2005-2018)
Nickel Price Trend (2014-2018)
Nickel per Capita Usage by Region (2018)
Sulphide Ores Capital Expenditure (2014-2018)
Norilsk Nickel Revenues and Net Profit (2014-2018)
Norilsk Nickel Revenues by Segment (2018)
Vale Net Revenues and Net Income (Loss) (2014-2018)
Vale Net Revenues by Segments (2018)
Vale Net Revenues by Region (2018)
BHP Revenues and Profit (2014-2018)
BHP Revenues by Segment (2018)
BHP Revenues by Region (2018)
Jinchuan Group Revenues and Profit (Loss) (2014-2018)
Jinchuan Group Revenues by Segment (2018)
Glencore Revenues and Income (Loss) (2014-2018)
Glencore Revenues by Segment (2018)
Glencore Revenues by Region (2018)
Sherritt International Revenues and Net Earnings (Loss) (2014-2018)
Sherritt International Revenues by Segment (2018)

List Of Tables

LIST OF TABLES

Class I Primary Nickel Products
Class II Primary Nickel Products
List of OEMs Electric Car Ambitions (2017-2025)
NPI Capacity in Indonesia and China (2017-2019)
Key Players – Revenue and Market Cap Comparison (2018)
Key Players – Nickel Production Comparison (2018)
BHP Segment Description
Glencore Segment Areas