Norway Nickel Mining Market Size & Outlook, 2022-2030
The nickel mining market in Norway is expected to reach a projected revenue of US$ 4.4 million by 2030. A compound annual growth rate of 7.2% is expected of Norway nickel mining market from 2023 to 2030.
Revenue, 2022 (US$M)
$2.5
Forecast, 2030 (US$M)
$4.4
CAGR, 2023 - 2030
7.3%
Report Coverage
Norway
Norway nickel mining market, 2018-2030 (US$M)
Related Markets
Norway nickel mining market highlights
- The Norway nickel mining market generated a revenue of USD 2.5 million in 2022 and is expected to reach USD 4.4 million by 2030.
- The Norway market is expected to grow at a CAGR of 7.2% from 2023 to 2030.
- In terms of segment, stainless steel was the largest revenue generating end use in 2022.
- 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 2022 | USD 2.5 million |
| Market revenue in 2030 | USD 4.4 million |
| Growth rate | 7.2% (CAGR from 2022 to 2030) |
| Largest segment | Stainless steel |
| Fastest growing segment | Batteries |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Batteries, Stainless Steel, Non-Ferrous Alloys |
| Key market players worldwide | Vale SA ADR, Glencore PLC, BHP Group Ltd, Sumitomo Metal Mining Co Ltd, Sherritt International Corp, IGO Ltd, Eramet SA, Lundin Mining Corp, Nickel Asia Corp, Nornickel, Mincor Resources |
Other key industry trends
- Country-wise, Indonesia is expected to lead the global market in terms of revenue in 2030.
- In Europe, Russia nickel mining market is projected to lead the regional market in terms of revenue in 2030.
- Russia is the fastest growing regional market in Europe and is projected to reach USD 8,465.0 million by 2030.
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Nickel Mining Market Scope
Nickel mining market segmentation & scope
Construction
Automotive & Transportation
Packaging
Consumer Products
Electrical
Others
Building & Construction
Transportation
Electrical & Electronics
Machinery & Equipment
Galvanizing
Coatings
Die-Cast Alloys
Oxides & Chemicals
Pigments & Other Compounds
Solders
Chemicals
Tinplate
Cemented Carbide
Steel & Alloys
Lighting & Electronic
Nickel Mining Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Norway 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 72% in 2022. Horizon Databook has segmented the Norway nickel mining market based on batteries, stainless steel, non-ferrous alloys covering the revenue growth of each sub-segment from 2018 to 2030.
- Norway Nickel Mining End Use Outlook (Revenue, USD Million, 2018-2030)
- Construction
- Automotive & Transportation
- Packaging
- Consumer Products
- Electrical
- Others
- Building & Construction
- Transportation
- Electrical & Electronics
- Machinery & Equipment
- Galvanizing
- Coatings
- Die-Cast Alloys
- Oxides & Chemicals
- Batteries
- Pigments & Other Compounds
- Stainless Steel
- Non-Ferrous Alloys
- Solders
- Chemicals
- Tinplate
- Cemented Carbide
- Steel & Alloys
- Lighting & Electronic
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Target buyers of Norway nickel mining market databook
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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 Norway nickel mining market , including forecasts for subscribers. This country databook contains high-level insights into Norway nickel mining market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Norway nickel mining market size, by end use, 2018-2030 (US$M)
Norway Nickel Mining Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
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