The Global Nickel Mining Market Was Valued At $8 Billion in 2017 According To TBRC’s Latest Report
The global nickel mining market was valued at $7.6 billion in 2017. Asia Pacific was the largest geographic region accounting for $3.9 billion or 51.8% of the global market.
(EMAILWIRE.COM, July 30, 2018 ) Nickel ore mining industries include companies carrying out activities such as developing mine sites and preparing nickel ores and recovering nickel concentrates through precipitation, leaching and elector wining nickel ores.
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The market was valued at $8 billion in 2017, and is expected to grow at a higher growth rate than the historic period due to estimated future stability in the commodity prices, and rising demand for metallic and non-metallic products from developing countries such as India, for purposes of building and construction, and manufacturing.
Asia- Pacific was the largest geographic region in the nickel mining market in 2017, accounting for about half of the global market share.
The nickel mining market is split into segments: pentlandite (sulfide ore) and laterite.
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China was the biggest player in the market in 2017, accounting for one one-fifth of the market share. This can be attributed to the country’s economic power, abundant mineral resources, increased energy demand, and high government and private expenditure in the manufacturing industry. China was followed by the USA as the next largest country in the market.
The top five competitors in the market are Vale SA, MMC Norilsk Nickel, Xstrata Plc, Jinchuan Group Ltd, and BHP Billiton Ltd. Vale SA is the world's largest iron ore producer. Sales of iron ore fines and pellets represented two-third of total company revenues in 2014. In 2014, Vale sold 256 million metric tons of iron ore fines and 44 million metric tons of iron ore pellets. Vale's Mariana Hub was the 9th largest iron ore mining center in the world in 2014, with an output of 39 million metric tons.
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Order the report at
https://www.thebusinessresearchcompany.com/report/nickel-mining-global-market-report-2018
The market was valued at $8 billion in 2017, and is expected to grow at a higher growth rate than the historic period due to estimated future stability in the commodity prices, and rising demand for metallic and non-metallic products from developing countries such as India, for purposes of building and construction, and manufacturing.
Asia- Pacific was the largest geographic region in the nickel mining market in 2017, accounting for about half of the global market share.
The nickel mining market is split into segments: pentlandite (sulfide ore) and laterite.
Download a sample of the report at
https://www.thebusinessresearchcompany.com/sample.aspx?id=309&type=smp
China was the biggest player in the market in 2017, accounting for one one-fifth of the market share. This can be attributed to the country’s economic power, abundant mineral resources, increased energy demand, and high government and private expenditure in the manufacturing industry. China was followed by the USA as the next largest country in the market.
The top five competitors in the market are Vale SA, MMC Norilsk Nickel, Xstrata Plc, Jinchuan Group Ltd, and BHP Billiton Ltd. Vale SA is the world's largest iron ore producer. Sales of iron ore fines and pellets represented two-third of total company revenues in 2014. In 2014, Vale sold 256 million metric tons of iron ore fines and 44 million metric tons of iron ore pellets. Vale's Mariana Hub was the 9th largest iron ore mining center in the world in 2014, with an output of 39 million metric tons.
About The Business Research Company.
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.
Contact Information.
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Contact Information:
The Business Research Company
Marketing TBRC
Tel: +91 8897263534
Email us
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The Business Research Company
Marketing TBRC
Tel: +91 8897263534
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results