Abstract
RNCOS, the leading market research company, has released a detailed and
extensive research report, "Global Nickel Market Analysis", for consultants,
nickel players, market experts, and international executives related closely
with the nickel industry. The report has been made analyzing the macroeconomic
factors, such as nickel production and consumption by product, price
movements, import levels, and supply and demand analysis.
According to the report, global nickel consumption is constantly increasing as
it is used in more industrialized products. Stainless steel remains the
dominant nickel consuming sector, followed by alloys. Strong demand from
stainless steel producers, laterite projects, and China will drive the buoyant
global nickel market.
Developing countries such as China and India will play a major role in the
growth of global nickel industry. But the developed countries such as the US,
the UK, and Germany will also witness strong demand as these countries have
large automotive and aerospace industries.
This report will help the client to analyze the leading-edge opportunities
critical to the success of the nickel industry at global level as well as in
selected countries. The forecast given in this report is based on a
correlation between past market growth and growth of drivers, such as
stainless steel demand, industrial production performance etc.
Key Findings
- Nickel consumption is dominated by stainless steel, which accounts for 64%
of the global consumption of primary nickel. This trend is likely to continue
with robust stainless steel demand in near future.
- Global supply-demand balance of nickel is expected to ease up with new
nickel capacities coming up in 2008.
- China' s demand for nickel will slowdown due to overcapacity in domestic
steel industry but the country will remain a major driving force for global
nickel industry.
- There are immense opportunities in the global nickel industry, especially
in aerospace and nickel-based batteries sector.
Key Issues & Facts Analyzed
- What is the supply and demand situation of nickel at global level?
- What are the trends in the global nickel market with respect to market
value, production, consumption, price etc?
- What are the driving forces for the nickel industry?
- What are the challenges associated with the global nickel industry?
- What are the future opportunities for the players?
Key Players
This section provides the overview and financials of several players like
Xstrata, Norilsk Nickel, BHP Billiton, LionOre Mining International and CVRD
Inco.
Research Methodology Used
Information Sources
Information has been sourced from many sources like, books, newspapers, trade
journals, white papers, industry portals, government agencies, trade
associations, industry news and developments, and through access to more than
3000 paid databases.
Analysis Methods
The analysis methods include ratio analysis, historical trend analysis, linear
regression analysis using software tools, judgmental forecasting, and cause
and effect analysis.