Canada Nickel Mining Market Size & Outlook, 2025-2033
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Canada nickel mining market highlights
- The Canada nickel mining market generated a revenue of USD 5,403.8 million in 2024 and is expected to reach USD 6,916.8 million by 2033.
- The Canada market is expected to grow at a CAGR of 3% from 2025 to 2033.
- In terms of segment, stainless steel was the largest revenue generating end use in 2024.
- Batteries is the most lucrative end use segment registering the fastest growth during the forecast period.
Nickel mining market data book summary
| Market revenue in 2024 | USD 5,403.8 million |
| Market revenue in 2033 | USD 6,916.8 million |
| Growth rate | 3% (CAGR from 2025 to 2033) |
| Largest segment | Stainless steel |
| Fastest growing segment | Batteries |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Stainless Steel, Non-Ferrous Alloys, Batteries |
Other key industry trends
- In terms of revenue, Canada accounted for 6.0% of the global nickel mining market in 2024.
- Country-wise, Indonesia is expected to lead the global market in terms of revenue in 2033.
- In North America, Mexico nickel mining market is projected to lead the regional market in terms of revenue in 2033.
- Canada is the fastest growing regional market in North America and is projected to reach USD 6,916.8 million by 2033.
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Nickel Mining Market Scope
Nickel Mining Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Jinchuan Group International Resources | View profile | 11-50 | Admiralty, Hong Kong Island, Hong Kong, Asia | http://jinchuan-intl.com |
| Sherritt International Corp | View profile | 3461 | 22 Adelaide Street West, Suite 4220, Toronto, ON, Canada, M5H 4E3 | https://www.sherritt.com |
| BHP Group Ltd | View profile | 42319 | 171 Collins Street, Level 18, Melbourne, VIC, Australia, 3000 | https://www.bhp.com |
| Anglo American PLC | View profile | 58000 | 17 Charterhouse Street, London, United Kingdom, EC1N 6RA | https://www.angloamerican.com |
| Glencore PLC | View profile | 83426 | Baarermattstrasse 3, Baar, Switzerland, CH-6340 | https://www.glencore.com |
| Eramet SA | View profile | 13764 | 10 Boulevard de Grenelle, CS 63205, Paris, France, 75015 | https://www.eramet.com |
| Vale SA ADR | View profile | 66807 | Praia de Botafogo, 186, Salas 501 a 1901, Botafogo, Rio de Janeiro, RJ, Brazil, 22250-145 | https://www.vale.com |
| Sumitomo Corp | View profile | 108457 | 3-2 Otemachi 2-Chome, Chiyoda-ku, Tokyo, Japan, 100-8601 | http://www.sumitomocorp.co.jp |
Canada nickel mining market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nickel mining market will help companies and investors design strategic landscapes.
Stainless steel was the largest segment with a revenue share of 73.11% in 2024. Horizon Databook has segmented the Canada nickel mining market based on stainless steel, non-ferrous alloys, batteries covering the revenue growth of each sub-segment from 2021 to 2033.
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Our clientele includes a mix of nickel mining market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada nickel mining market , including forecasts for subscribers. This country databook contains high-level insights into Canada nickel mining market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Canada End Use - Nickel Mining Market size, 2024 - 2033 (US$M)
Canada Nickel Mining Market Outlook Share, 2024 & 2033 (US$M)
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