Global Ferronickel Market Growth 2023-2029

Global Ferronickel Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Ferronickel Industry Forecast” looks at past sales and reviews total world Ferronickel sales in 2022, providing a comprehensive analysis by region and market sector of projected Ferronickel sales for 2023 through 2029. With Ferronickel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ferronickel industry.
This Insight Report provides a comprehensive analysis of the global Ferronickel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ferronickel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ferronickel market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ferronickel and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ferronickel.
The global Ferronickel market size is projected to grow from US$ 14840 million in 2022 to US$ 21290 million in 2029; it is expected to grow at a CAGR of 21290 from 2023 to 2029.
Global Ferronickel key players include Tsingshan Holding Group, Shandong Xinhai Technology, Jiangsu Delong Nickel Industry, Shengyang Group, Linyi Yichen Alloy, etc. Global top five manufacturers hold a share over 25%.
China is the largest market, with a share about 90%, followed by Europe, and America, both have a share over 2 percent.
In terms of product, Ferronickel (Nickel Less Than 15%) is the largest segment, with a share over 80%. And in terms of application, the largest application is Stainless Steel Industrial, followed by Electronics Industrial, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Ferronickel market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Ferronickel（Nickel Less Than 15%）
Ferronickel（Nickel15-25%）
Ferronickel（Nickel25-35%）
Others
Segmentation by application
Stainless Steel Industrial
Electronics Industrial
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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 Questions Addressed in this Report
What is the 10-year outlook for the global Ferronickel market?
What factors are driving Ferronickel market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Ferronickel market opportunities vary by end market size?
How does Ferronickel break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.