London, UK (PRWEB) December 12, 2014
The global nickel market has been steadily growing during the recent years and, furthermore, is forecast to continue rising in the near future.
In 2013, the global production of nickel rose by 12%, if compared to 2012. The market was dominated by Indonesia and the Philippines, each accounting for almost 18% of the world nickel output volume. Other important nickel producers include Russia, Australia and Canada, with shares totaling 10%, 9.6% and 9%, respectively.
As of 2013, the largest nickel deposits were estimated to locate in Australia (24.3%), New Caledonia (16.2%), Brazil (11.4%), Russia (8.2%) and China (7.4%). The nickel deposits are sufficient enough to satisfy the global demand for the material in the near future.
Moreover, there is a wide range of new projects, scheduled to be carried out in the upcoming years. More than half of the nickel, produced worldwide, is used in the stainless steel production. The material is also used in the production of plating and nickel and steel alloys.
The growth of the nickel demand in the offing is expected to be observed in the emerging markets, such as India and China, as well as in the developed countries, including the US. The demand increase is attributed to the growing aerospace and automotive industries and steadily stabilizing economy.
Topical research study “Nickel: 2014 Market Review and Forecast” worked out by Merchant Research & Consulting Ltd is now available at mcgroup.co.uk
Title: Nickel: 2014 Market Review and Forecast
Published: July, 2014
Price: US$ 1,250.00
The insightful report presents a detailed guide into the nickel market worldwide and by main regions and countries. It analyzes the present situation within the marketplace and offers details on the historical background of the nickel market from 2008 to 2013. Besides, the study offers unique data on the nickel consumption, production, demand, export and import. It also reviews the main downstream market, examines the latest projects and touches upon the pricing trends. Moreover, the report delves into the competitive scenario and gives profiles of the major nickel producers. In addition, the study provides information on the nickel substitutes, overviews the global deposits of the material and describes its key application spheres. Furthermore, future prospects or the global nickel market are investigated as well.
Reasons to Buy:
- Deepen knowledge on the nickel market development within the 2008-2013 time period.
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- Look at the tables and figures, showing the supply and demand statistics by main countries.
- In-depth nickel market analysis helps to increase sales and identify future investment opportunities.
- Understand how the nickel market will develop up to 2018.
- Get an access to data on nickel consumption, production, trade and prices.
More topical reports by the publisher can be found at Merchant Research & Consulting page.