Russia Nickel Mining Market Size & Outlook, 2022-2030
Russia nickel mining market, 2018-2030 (US$M)
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Russia nickel mining market highlights
- The Russia nickel mining market generated a revenue of USD 4,638.8 million in 2022 and is expected to reach USD 8,465.0 million by 2030.
- The Russia market is expected to grow at a CAGR of 7.8% 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 4,638.8 million |
| Market revenue in 2030 | USD 8,465.0 million |
| Growth rate | 7.8% (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
- In terms of revenue, Russia accounted for 9.2% of the global nickel mining market in 2022.
- 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 Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Russia 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 73.45% in 2022. Horizon Databook has segmented the Russia nickel mining market based on batteries, stainless steel, non-ferrous alloys covering the revenue growth of each sub-segment from 2018 to 2030.
- Russia 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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Our clientele includes a mix of nickel mining market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Russia nickel mining market , including forecasts for subscribers. This country databook contains high-level insights into Russia nickel mining market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Russia nickel mining market size, by end use, 2018-2030 (US$M)
Russia Nickel Mining Market Outlook Share, 2022 & 2030 (US$M)
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