Opportunities in the nickel in the global automotive market have evolved through a number of stages. Lucintel has found the future of this market to be promising; the nickel in the global automotive market is expected to reach $27.2 billion by 2025 with a CAGR of 33.4%. In this market, batteries are the largest segment by application, whereas electric vehicles are largest by vehicle type. Players can benefit from the available opportunities like growing electric vehicle production and increasing utilization of nickel in high-performance vehicle.
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Vale, Nornickel, BHP Billiton, Jinchuan Group, Eramet and Sheritt and othersy and others are some of the companies profiled in this report.
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