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Top 11 manufacturers in Nickel Market

 

Prof Research published a new report on the Nickel market. It presents the largest 11 manufacturers in the Nickel Market. The report is a professional and in-depth study of the current state of the global Nickel market. The report provides key statistics on the market of Nickel. It is a valuable source of guidance and direction for companies and individuals interested in the Nickel industry.


The global Nickel market was valued to be 21.3 billion USD in 2022. The Nickel production value is anticipated to have growth with a CAGR of 1.72% in the coming years to reach 23.6 billion USD in 2028.


Norilsk Nickel is the largest manufacturer of Nickel in the world, and it has a market share of 15.3% in value. Nornickel is Russia’s leading metals and mining company, The Nornickel Group’s core operations are prospecting, exploration, mining, concentration and processing of minerals along with the production, marketing and sales of non-ferrous and precious metals


Vale is the second largest manufacturer of Nickel in the world, and it has a market share of 12.1% in value. Vale is the largest producer of iron ore and nickel in the world. It also produces manganese, ferroalloys, copper, bauxite, potash, kaolin, and cobalt, currently operating nine hydroelectricity plants, and a large network of railroads, ships, and ports used to transport its products.


Jinchuan Group is the third largest manufacturer of Nickel in the world, and it has a market share of 11.8% in value. Jinchuan Group is a Chinese company based in Gansu. It produces the metals nickel, copper, cobalt, platinum, palladium, gold, silver and selenium.


Glencore is the fourth largest manufacturer of Nickel in the world, and it has a market share of 10.3% in value. Glencore plc engages in the production, sourcing, processing, refining, transporting, storage, financing, and supply of commodities worldwide. It operates in three segments: Metals and Minerals, Energy Products, and Agricultural Products.