Abstract, Snapshot, Market Analysis & Market Definition: Ferronickel Market
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 steelThe 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.
In 2019, the market size of Ferronickel is 12430 million US$ and it will reach 17620 million US$ in 2025, growing at a CAGR of 5.1% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Ferronickel. This report studies the global market size of Ferronickel, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Ferronickel production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
Market Segmentation, Outlook & Regional Insights: Ferronickel Market
Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Ferronickel(Nickel<15%)
Ferronickel(Nickel15-25%)
Ferronickel(Nickel25-35%)
Others
Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Stainless Steel Industry
Electronics Industry
Other
Key Players, Recent Developments & Sector Viewpoints: Ferronickel Market
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
Key Insights Covered: Exhaustive Ferronickel Market
1. Market size (sales, revenue and growth rate) of Ferronickel industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Ferronickel industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Ferronickel industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Ferronickel industry.
Research Methodology: Ferronickel Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.