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ニッケル銑鉄市場の2032年までの予測:製品タイプ、生産方法、流通チャネル、用途、エンドユーザー、地域別の世界分析

Nickel Pig Iron Market Forecasts to 2032 - Global Analysis By Product Type (High-grade NPI (>=10% Ni content), Low-grade NPI (<10% Ni content), and Other Product Types), Production Method, Distribution Channel, Application, End Users and By Geography


出版日
ページ情報
英文 200+ Pages
納期
2~3営業日
カスタマイズ可能
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=144.63円
ニッケル銑鉄市場の2032年までの予測:製品タイプ、生産方法、流通チャネル、用途、エンドユーザー、地域別の世界分析
出版日: 2025年05月03日
発行: Stratistics Market Research Consulting
ページ情報: 英文 200+ Pages
納期: 2~3営業日
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  • 概要
  • 図表
  • 目次
概要

Stratistics MRCによると、世界のニッケル銑鉄市場は2025年に197億5,000万米ドルを占め、予測期間中のCAGRは6.8%で成長し、2032年には313億1,000万米ドルに達すると予想されています。

ニッケル銑鉄(NPI)は、高炉または電気アーク炉を使用してラテライトニッケル鉱石から製造される低品位フェロニッケル合金です。NPIには、鉄や少量の他の元素とともに、通常4%~13%の様々な量のニッケルが含まれています。NPIは主に、安価な代替ニッケルの需要が高い中国や東南アジアを中心に、ステンレス鋼生産で精製ニッケルの費用対効果の高い代替品として使用されています。

業界データによると、インドネシアの対中NPI輸出量は2024年に150万トンを超え、サプライチェーンにおける優位性が強化されます。

ステンレス鋼生産の費用対効果

ステンレス鋼の生産は、費用対効果の高い原料に大きく依存しているため、ニッケル銑鉄(NPI)はメーカーにとって好ましい選択肢となっています。ニッケル銑鉄は、精製ニッケルに代わる低コストの原料であり、メーカーは競争力のある価格設定を維持できます。さらに、広く入手可能なため、安定した供給チェーンが確保され、生産の中断が少なくなります。NPIの使用は、建設や自動車産業など、ステンレス鋼の値ごろ感の維持に役立っています。ステンレス鋼の世界の需要拡大に伴い、 NPIの費用対効果は市場での地位をさらに高めています。

変動するニッケル価格

ニッケル価格は変動が激しいことで知られ、ニッケル銑のコストに直接影響し、市場の安定性に影響を与えます。価格変動は、地政学的要因、環境規制、サプライチェーンの混乱によって生じる。ニッケル銑鉄に依存するメーカーは、しばしば生産コストの不確実性に直面し、財務計画の課題につながります。ニッケル価格の高騰は、NPIのコスト優位性を低下させ、代替ソースの魅力を高める。また、突然の価格高騰は、ステンレス鋼に依存している業界全体の利益率に影響を及ぼす可能性があります。

インフラ・プロジェクトの拡大

世界のインフラ開発がステンレス鋼需要を牽引し、ニッケル銑鉄への依存度を高めています。橋梁、高速道路、都市開発などの大規模プロジェクトでは、ステンレス鋼のような耐久性のある材料が必要とされます。世界中の政府がインフラに投資しており、ニッケル銑鉄メーカーに持続的成長機会をもたらしています。近代的な建設技術の重視は、耐食性材料の需要をさらに押し上げます。NPIがステンレス鋼の値ごろ感を高め、インフラ・プロジェクトにおけるNPIの役割は引き続き重要です。

貿易障壁と関税

国際貿易規制はニッケル銑鉄市場に大きな影響を与え、輸出入の動きに影響を与えます。ニッケル生産国に課される関税はサプライチェーンを混乱させ、価格の不安定化につながります。貿易規制は市場アクセスを制限し、世界の流通と業界の拡大に影響を与えます。メーカーは、費用対効果の高い生産戦略を確保しながら、規制上の課題を乗り切らなければならないです。さらに、地政学的緊張が輸出制限の引き金となり、原料の入手が制限されることもあります。

COVID-19の影響

パンデミックはニッケル銑鉄のサプライチェーン全体に混乱を引き起こし、生産と輸送に影響を与えました。操業停止や操業制限が採掘作業の遅れにつながり、世界のニッケルの供給力に影響を与えました。しかし、パンデミック後の復興努力はインフラ・プロジェクトを後押しし、ステンレス鋼の需要を再び押し上げました。持続可能な素材へのシフトは、新興市場でのNPI採用をさらに後押ししています。全体として、COVID-19は市場力学を再構築し、適応性のある生産戦略の必要性を強めました。

予測期間中、合金生産部門が最大となる見込み

予測期間中、合金生産セグメントが最大の市場シェアを占めると予想されます。NPIはステンレス鋼や他のニッケルベース合金の主要原料として機能し、効率的な生産を保証します。そのコスト優位性により、メーカーは合金製造において手頃な価格を維持することができます。成長するインフラ・プロジェクトと自動車技術革新が、高性能合金の需要をさらに高めています。精錬プロセスにおける技術の進歩は、NPIの品質を向上させ、合金製造におけるその役割を強化します。

予測期間中、建設分野のCAGRが最も高くなると予想されます。

予測期間中、インフラ投資の増加により、建設分野が最も高い成長率を示すと予測されます。ニッケル銑鉄によって可能になったステンレス鋼は、近代的な建設資材において重要な役割を果たしています。都市化と工業の拡大が、耐腐食性構造物の需要を牽引しています。政府出資のインフラ・プログラムは、ステンレス鋼の消費に貢献し、NPIの利用率を高める。

最大のシェアを占める地域

予測期間中、アジア太平洋地域は圧倒的なステンレス鋼生産量を誇り、最大の市場シェアを占めると予想されます。中国やインドネシアのような国々がNPIの主要供給国であり、この地域の産業成長を支えています。大規模な製造拠点が存在するため、ニッケルベース合金の安定供給が確保されます。アジア全域のインフラ開発は、ステンレス鋼とニッケル合金の需要を引き続き押し上げています。国内採掘を促進する政府の政策が生産効率とコスト効率を高めています。

CAGRが最も高い地域:

予測期間中、ステンレス鋼需要の増加により、北米地域が最も高いCAGRを示すと予想されます。同地域は高度な製造技術に重点を置いており、産業用途でのNPI採用を支えています。建設と自動車の技術革新の高まりが、ニッケル合金の市場機会拡大に寄与しています。主要な材料科学企業の存在は、研究開発努力を強化しています。

無料カスタマイズサービス:

本レポートをご購読のお客様には、以下の無料カスタマイズオプションのいずれかをご利用いただけます:

  • 企業プロファイル
    • 追加市場プレーヤーの包括的プロファイリング(3社まで)
    • 主要企業のSWOT分析(3社まで)
  • 地域セグメンテーション
    • 顧客の関心に応じた主要国の市場推計・予測・CAGR(注:フィージビリティチェックによる)
  • 競合ベンチマーキング
    • 製品ポートフォリオ、地理的プレゼンス、戦略的提携に基づく主要企業のベンチマーキング

目次

第1章 エグゼクティブサマリー

第2章 序文

  • 概要
  • ステークホルダー
  • 調査範囲
  • 調査手法
    • データマイニング
    • データ分析
    • データ検証
    • 調査アプローチ
  • 調査資料
    • 1次調査資料
    • 2次調査情報源
    • 前提条件

第3章 市場動向分析

  • 促進要因
  • 抑制要因
  • 機会
  • 脅威
  • 製品分析
  • 用途分析
  • エンドユーザー分析
  • 新興市場
  • COVID-19の影響

第4章 ポーターのファイブフォース分析

  • 供給企業の交渉力
  • 買い手の交渉力
  • 代替品の脅威
  • 新規参入業者の脅威
  • 競争企業間の敵対関係

第5章 世界のニッケル銑鉄市場:製品タイプ別

  • 高品位NPI(ニッケル含有量10%以上)
  • 低品位NPI(ニッケル含有量10%未満)
  • その他の製品タイプ

第6章 世界のニッケル銑鉄市場:生産方法別

  • 高炉(BF)生産
  • 電気アーク炉(EAF)生産
  • ロータリーキルン電気炉(RKEF)技術

第7章 世界のニッケル銑鉄市場:流通チャネル別

  • 直接販売
  • 販売業者およびトレーダー

第8章 世界のニッケル銑鉄市場:用途別

  • ステンレス鋼生産
  • 鋳造と鋳物
  • 合金生産
  • その他の用途

第9章 世界のニッケル銑鉄市場:エンドユーザー別

  • 冶金
  • 建設
  • 自動車
  • 機械設備
  • その他のエンドユーザー

第10章 世界のニッケル銑鉄市場:地域別

  • 北米
    • 米国
    • カナダ
    • メキシコ
  • 欧州
    • ドイツ
    • 英国
    • イタリア
    • フランス
    • スペイン
    • その他欧州
  • アジア太平洋
    • 日本
    • 中国
    • インド
    • オーストラリア
    • ニュージーランド
    • 韓国
    • その他アジア太平洋地域
  • 南米
    • アルゼンチン
    • ブラジル
    • チリ
    • その他南米
  • 中東・アフリカ
    • サウジアラビア
    • アラブ首長国連邦
    • カタール
    • 南アフリカ
    • その他中東とアフリカ

第11章 主な発展

  • 契約、パートナーシップ、コラボレーション、ジョイントベンチャー
  • 買収と合併
  • 新製品発売
  • 事業拡大
  • その他の主要戦略

第12章 企業プロファイリング

  • Tsingshan Group
  • Nickel Industries Limited
  • Eramet
  • Jindal Stainless
  • New Yaking Pte. Ltd.
  • PT MERDEKA BATTERY MATERIALS TBK
  • PT. Growth Java Industry
  • PT. Gunbuster Nickel Industry(GNI)
  • Shandong Xinhai
  • Delong Holdings
  • Eternal Tsingshan Group
  • Lestari Smelter Indonesia
  • Ocean Sky Metal Industry
  • Bukit Smelter Indonesia
  • METALS VENTURE FZE
図表

List of Tables

  • Table 1 Global Nickel Pig Iron Market Outlook, By Region (2024-2032) ($MN)
  • Table 2 Global Nickel Pig Iron Market Outlook, By Product Type (2024-2032) ($MN)
  • Table 3 Global Nickel Pig Iron Market Outlook, By High-grade NPI (>=10% Ni content) (2024-2032) ($MN)
  • Table 4 Global Nickel Pig Iron Market Outlook, By Low-grade NPI (<10% Ni content) (2024-2032) ($MN)
  • Table 5 Global Nickel Pig Iron Market Outlook, By Other Product Types (2024-2032) ($MN)
  • Table 6 Global Nickel Pig Iron Market Outlook, By Production Method (2024-2032) ($MN)
  • Table 7 Global Nickel Pig Iron Market Outlook, By Blast Furnace (BF) Production (2024-2032) ($MN)
  • Table 8 Global Nickel Pig Iron Market Outlook, By Electric Arc Furnace (EAF) Production (2024-2032) ($MN)
  • Table 9 Global Nickel Pig Iron Market Outlook, By Rotary Kiln Electric Furnace (RKEF) Technology (2024-2032) ($MN)
  • Table 10 Global Nickel Pig Iron Market Outlook, By Distribution Channel (2024-2032) ($MN)
  • Table 11 Global Nickel Pig Iron Market Outlook, By Direct Sales (2024-2032) ($MN)
  • Table 12 Global Nickel Pig Iron Market Outlook, By Distributors & Traders (2024-2032) ($MN)
  • Table 13 Global Nickel Pig Iron Market Outlook, By Application (2024-2032) ($MN)
  • Table 14 Global Nickel Pig Iron Market Outlook, By Stainless Steel Production (2024-2032) ($MN)
  • Table 15 Global Nickel Pig Iron Market Outlook, By Foundries and Castings (2024-2032) ($MN)
  • Table 16 Global Nickel Pig Iron Market Outlook, By Alloy Production (2024-2032) ($MN)
  • Table 17 Global Nickel Pig Iron Market Outlook, By Other Applications (2024-2032) ($MN)
  • Table 18 Global Nickel Pig Iron Market Outlook, By End User (2024-2032) ($MN)
  • Table 19 Global Nickel Pig Iron Market Outlook, By Metallurgy (2024-2032) ($MN)
  • Table 20 Global Nickel Pig Iron Market Outlook, By Construction (2024-2032) ($MN)
  • Table 21 Global Nickel Pig Iron Market Outlook, By Automotive (2024-2032) ($MN)
  • Table 22 Global Nickel Pig Iron Market Outlook, By Machinery & Equipment (2024-2032) ($MN)
  • Table 23 Global Nickel Pig Iron Market Outlook, By Other End Users (2024-2032) ($MN)
  • Table 24 North America Nickel Pig Iron Market Outlook, By Country (2024-2032) ($MN)
  • Table 25 North America Nickel Pig Iron Market Outlook, By Product Type (2024-2032) ($MN)
  • Table 26 North America Nickel Pig Iron Market Outlook, By High-grade NPI (>=10% Ni content) (2024-2032) ($MN)
  • Table 27 North America Nickel Pig Iron Market Outlook, By Low-grade NPI (<10% Ni content) (2024-2032) ($MN)
  • Table 28 North America Nickel Pig Iron Market Outlook, By Other Product Types (2024-2032) ($MN)
  • Table 29 North America Nickel Pig Iron Market Outlook, By Production Method (2024-2032) ($MN)
  • Table 30 North America Nickel Pig Iron Market Outlook, By Blast Furnace (BF) Production (2024-2032) ($MN)
  • Table 31 North America Nickel Pig Iron Market Outlook, By Electric Arc Furnace (EAF) Production (2024-2032) ($MN)
  • Table 32 North America Nickel Pig Iron Market Outlook, By Rotary Kiln Electric Furnace (RKEF) Technology (2024-2032) ($MN)
  • Table 33 North America Nickel Pig Iron Market Outlook, By Distribution Channel (2024-2032) ($MN)
  • Table 34 North America Nickel Pig Iron Market Outlook, By Direct Sales (2024-2032) ($MN)
  • Table 35 North America Nickel Pig Iron Market Outlook, By Distributors & Traders (2024-2032) ($MN)
  • Table 36 North America Nickel Pig Iron Market Outlook, By Application (2024-2032) ($MN)
  • Table 37 North America Nickel Pig Iron Market Outlook, By Stainless Steel Production (2024-2032) ($MN)
  • Table 38 North America Nickel Pig Iron Market Outlook, By Foundries and Castings (2024-2032) ($MN)
  • Table 39 North America Nickel Pig Iron Market Outlook, By Alloy Production (2024-2032) ($MN)
  • Table 40 North America Nickel Pig Iron Market Outlook, By Other Applications (2024-2032) ($MN)
  • Table 41 North America Nickel Pig Iron Market Outlook, By End User (2024-2032) ($MN)
  • Table 42 North America Nickel Pig Iron Market Outlook, By Metallurgy (2024-2032) ($MN)
  • Table 43 North America Nickel Pig Iron Market Outlook, By Construction (2024-2032) ($MN)
  • Table 44 North America Nickel Pig Iron Market Outlook, By Automotive (2024-2032) ($MN)
  • Table 45 North America Nickel Pig Iron Market Outlook, By Machinery & Equipment (2024-2032) ($MN)
  • Table 46 North America Nickel Pig Iron Market Outlook, By Other End Users (2024-2032) ($MN)
  • Table 47 Europe Nickel Pig Iron Market Outlook, By Country (2024-2032) ($MN)
  • Table 48 Europe Nickel Pig Iron Market Outlook, By Product Type (2024-2032) ($MN)
  • Table 49 Europe Nickel Pig Iron Market Outlook, By High-grade NPI (>=10% Ni content) (2024-2032) ($MN)
  • Table 50 Europe Nickel Pig Iron Market Outlook, By Low-grade NPI (<10% Ni content) (2024-2032) ($MN)
  • Table 51 Europe Nickel Pig Iron Market Outlook, By Other Product Types (2024-2032) ($MN)
  • Table 52 Europe Nickel Pig Iron Market Outlook, By Production Method (2024-2032) ($MN)
  • Table 53 Europe Nickel Pig Iron Market Outlook, By Blast Furnace (BF) Production (2024-2032) ($MN)
  • Table 54 Europe Nickel Pig Iron Market Outlook, By Electric Arc Furnace (EAF) Production (2024-2032) ($MN)
  • Table 55 Europe Nickel Pig Iron Market Outlook, By Rotary Kiln Electric Furnace (RKEF) Technology (2024-2032) ($MN)
  • Table 56 Europe Nickel Pig Iron Market Outlook, By Distribution Channel (2024-2032) ($MN)
  • Table 57 Europe Nickel Pig Iron Market Outlook, By Direct Sales (2024-2032) ($MN)
  • Table 58 Europe Nickel Pig Iron Market Outlook, By Distributors & Traders (2024-2032) ($MN)
  • Table 59 Europe Nickel Pig Iron Market Outlook, By Application (2024-2032) ($MN)
  • Table 60 Europe Nickel Pig Iron Market Outlook, By Stainless Steel Production (2024-2032) ($MN)
  • Table 61 Europe Nickel Pig Iron Market Outlook, By Foundries and Castings (2024-2032) ($MN)
  • Table 62 Europe Nickel Pig Iron Market Outlook, By Alloy Production (2024-2032) ($MN)
  • Table 63 Europe Nickel Pig Iron Market Outlook, By Other Applications (2024-2032) ($MN)
  • Table 64 Europe Nickel Pig Iron Market Outlook, By End User (2024-2032) ($MN)
  • Table 65 Europe Nickel Pig Iron Market Outlook, By Metallurgy (2024-2032) ($MN)
  • Table 66 Europe Nickel Pig Iron Market Outlook, By Construction (2024-2032) ($MN)
  • Table 67 Europe Nickel Pig Iron Market Outlook, By Automotive (2024-2032) ($MN)
  • Table 68 Europe Nickel Pig Iron Market Outlook, By Machinery & Equipment (2024-2032) ($MN)
  • Table 69 Europe Nickel Pig Iron Market Outlook, By Other End Users (2024-2032) ($MN)
  • Table 70 Asia Pacific Nickel Pig Iron Market Outlook, By Country (2024-2032) ($MN)
  • Table 71 Asia Pacific Nickel Pig Iron Market Outlook, By Product Type (2024-2032) ($MN)
  • Table 72 Asia Pacific Nickel Pig Iron Market Outlook, By High-grade NPI (>=10% Ni content) (2024-2032) ($MN)
  • Table 73 Asia Pacific Nickel Pig Iron Market Outlook, By Low-grade NPI (<10% Ni content) (2024-2032) ($MN)
  • Table 74 Asia Pacific Nickel Pig Iron Market Outlook, By Other Product Types (2024-2032) ($MN)
  • Table 75 Asia Pacific Nickel Pig Iron Market Outlook, By Production Method (2024-2032) ($MN)
  • Table 76 Asia Pacific Nickel Pig Iron Market Outlook, By Blast Furnace (BF) Production (2024-2032) ($MN)
  • Table 77 Asia Pacific Nickel Pig Iron Market Outlook, By Electric Arc Furnace (EAF) Production (2024-2032) ($MN)
  • Table 78 Asia Pacific Nickel Pig Iron Market Outlook, By Rotary Kiln Electric Furnace (RKEF) Technology (2024-2032) ($MN)
  • Table 79 Asia Pacific Nickel Pig Iron Market Outlook, By Distribution Channel (2024-2032) ($MN)
  • Table 80 Asia Pacific Nickel Pig Iron Market Outlook, By Direct Sales (2024-2032) ($MN)
  • Table 81 Asia Pacific Nickel Pig Iron Market Outlook, By Distributors & Traders (2024-2032) ($MN)
  • Table 82 Asia Pacific Nickel Pig Iron Market Outlook, By Application (2024-2032) ($MN)
  • Table 83 Asia Pacific Nickel Pig Iron Market Outlook, By Stainless Steel Production (2024-2032) ($MN)
  • Table 84 Asia Pacific Nickel Pig Iron Market Outlook, By Foundries and Castings (2024-2032) ($MN)
  • Table 85 Asia Pacific Nickel Pig Iron Market Outlook, By Alloy Production (2024-2032) ($MN)
  • Table 86 Asia Pacific Nickel Pig Iron Market Outlook, By Other Applications (2024-2032) ($MN)
  • Table 87 Asia Pacific Nickel Pig Iron Market Outlook, By End User (2024-2032) ($MN)
  • Table 88 Asia Pacific Nickel Pig Iron Market Outlook, By Metallurgy (2024-2032) ($MN)
  • Table 89 Asia Pacific Nickel Pig Iron Market Outlook, By Construction (2024-2032) ($MN)
  • Table 90 Asia Pacific Nickel Pig Iron Market Outlook, By Automotive (2024-2032) ($MN)
  • Table 91 Asia Pacific Nickel Pig Iron Market Outlook, By Machinery & Equipment (2024-2032) ($MN)
  • Table 92 Asia Pacific Nickel Pig Iron Market Outlook, By Other End Users (2024-2032) ($MN)
  • Table 93 South America Nickel Pig Iron Market Outlook, By Country (2024-2032) ($MN)
  • Table 94 South America Nickel Pig Iron Market Outlook, By Product Type (2024-2032) ($MN)
  • Table 95 South America Nickel Pig Iron Market Outlook, By High-grade NPI (>=10% Ni content) (2024-2032) ($MN)
  • Table 96 South America Nickel Pig Iron Market Outlook, By Low-grade NPI (<10% Ni content) (2024-2032) ($MN)
  • Table 97 South America Nickel Pig Iron Market Outlook, By Other Product Types (2024-2032) ($MN)
  • Table 98 South America Nickel Pig Iron Market Outlook, By Production Method (2024-2032) ($MN)
  • Table 99 South America Nickel Pig Iron Market Outlook, By Blast Furnace (BF) Production (2024-2032) ($MN)
  • Table 100 South America Nickel Pig Iron Market Outlook, By Electric Arc Furnace (EAF) Production (2024-2032) ($MN)
  • Table 101 South America Nickel Pig Iron Market Outlook, By Rotary Kiln Electric Furnace (RKEF) Technology (2024-2032) ($MN)
  • Table 102 South America Nickel Pig Iron Market Outlook, By Distribution Channel (2024-2032) ($MN)
  • Table 103 South America Nickel Pig Iron Market Outlook, By Direct Sales (2024-2032) ($MN)
  • Table 104 South America Nickel Pig Iron Market Outlook, By Distributors & Traders (2024-2032) ($MN)
  • Table 105 South America Nickel Pig Iron Market Outlook, By Application (2024-2032) ($MN)
  • Table 106 South America Nickel Pig Iron Market Outlook, By Stainless Steel Production (2024-2032) ($MN)
  • Table 107 South America Nickel Pig Iron Market Outlook, By Foundries and Castings (2024-2032) ($MN)
  • Table 108 South America Nickel Pig Iron Market Outlook, By Alloy Production (2024-2032) ($MN)
  • Table 109 South America Nickel Pig Iron Market Outlook, By Other Applications (2024-2032) ($MN)
  • Table 110 South America Nickel Pig Iron Market Outlook, By End User (2024-2032) ($MN)
  • Table 111 South America Nickel Pig Iron Market Outlook, By Metallurgy (2024-2032) ($MN)
  • Table 112 South America Nickel Pig Iron Market Outlook, By Construction (2024-2032) ($MN)
  • Table 113 South America Nickel Pig Iron Market Outlook, By Automotive (2024-2032) ($MN)
  • Table 114 South America Nickel Pig Iron Market Outlook, By Machinery & Equipment (2024-2032) ($MN)
  • Table 115 South America Nickel Pig Iron Market Outlook, By Other End Users (2024-2032) ($MN)
  • Table 116 Middle East & Africa Nickel Pig Iron Market Outlook, By Country (2024-2032) ($MN)
  • Table 117 Middle East & Africa Nickel Pig Iron Market Outlook, By Product Type (2024-2032) ($MN)
  • Table 118 Middle East & Africa Nickel Pig Iron Market Outlook, By High-grade NPI (>=10% Ni content) (2024-2032) ($MN)
  • Table 119 Middle East & Africa Nickel Pig Iron Market Outlook, By Low-grade NPI (<10% Ni content) (2024-2032) ($MN)
  • Table 120 Middle East & Africa Nickel Pig Iron Market Outlook, By Other Product Types (2024-2032) ($MN)
  • Table 121 Middle East & Africa Nickel Pig Iron Market Outlook, By Production Method (2024-2032) ($MN)
  • Table 122 Middle East & Africa Nickel Pig Iron Market Outlook, By Blast Furnace (BF) Production (2024-2032) ($MN)
  • Table 123 Middle East & Africa Nickel Pig Iron Market Outlook, By Electric Arc Furnace (EAF) Production (2024-2032) ($MN)
  • Table 124 Middle East & Africa Nickel Pig Iron Market Outlook, By Rotary Kiln Electric Furnace (RKEF) Technology (2024-2032) ($MN)
  • Table 125 Middle East & Africa Nickel Pig Iron Market Outlook, By Distribution Channel (2024-2032) ($MN)
  • Table 126 Middle East & Africa Nickel Pig Iron Market Outlook, By Direct Sales (2024-2032) ($MN)
  • Table 127 Middle East & Africa Nickel Pig Iron Market Outlook, By Distributors & Traders (2024-2032) ($MN)
  • Table 128 Middle East & Africa Nickel Pig Iron Market Outlook, By Application (2024-2032) ($MN)
  • Table 129 Middle East & Africa Nickel Pig Iron Market Outlook, By Stainless Steel Production (2024-2032) ($MN)
  • Table 130 Middle East & Africa Nickel Pig Iron Market Outlook, By Foundries and Castings (2024-2032) ($MN)
  • Table 131 Middle East & Africa Nickel Pig Iron Market Outlook, By Alloy Production (2024-2032) ($MN)
  • Table 132 Middle East & Africa Nickel Pig Iron Market Outlook, By Other Applications (2024-2032) ($MN)
  • Table 133 Middle East & Africa Nickel Pig Iron Market Outlook, By End User (2024-2032) ($MN)
  • Table 134 Middle East & Africa Nickel Pig Iron Market Outlook, By Metallurgy (2024-2032) ($MN)
  • Table 135 Middle East & Africa Nickel Pig Iron Market Outlook, By Construction (2024-2032) ($MN)
  • Table 136 Middle East & Africa Nickel Pig Iron Market Outlook, By Automotive (2024-2032) ($MN)
  • Table 137 Middle East & Africa Nickel Pig Iron Market Outlook, By Machinery & Equipment (2024-2032) ($MN)
  • Table 138 Middle East & Africa Nickel Pig Iron Market Outlook, By Other End Users (2024-2032) ($MN)
目次
Product Code: SMRC29487

According to Stratistics MRC, the Global Nickel Pig Iron Market is accounted for $19.75 billion in 2025 and is expected to reach $31.31 billion by 2032 growing at a CAGR of 6.8% during the forecast period. Nickel Pig Iron (NPI) is a low-grade ferronickel alloy produced from laterite nickel ores using a blast or electric arc furnace. It contains varying amounts of nickel, typically between 4% and 13%, along with iron and small quantities of other elements. NPI is primarily used as a cost-effective substitute for refined nickel in stainless steel production, especially in China and Southeast Asia, where demand for affordable nickel alternatives is high.

According to industry data, Indonesia's NPI exports to China exceeded 1.5 million metric tons in 2024, reinforcing its dominance in the supply chain.

Market Dynamics:

Driver:

Cost-effectiveness for stainless steel production

The production of stainless steel relies heavily on cost-effective raw materials, making Nickel Pig Iron (NPI) a preferred choice for manufacturers. NPI offers a lower-cost alternative to refined nickel, enabling producers to maintain competitive pricing. Additionally, its widespread availability ensures a stable supply chain, reducing production disruptions. The use of NPI helps in maintaining stainless steel's affordability for industries like construction and automotive. As global demand for stainless steel grows, NPI's cost-effectiveness further strengthens its market position.

Restraint:

Fluctuating nickel prices

Nickel prices are known for their volatility, directly impacting the cost of Nickel Pig Iron and influencing market stability. Price fluctuations arise due to geopolitical factors, environmental regulations, and supply chain disruptions. Manufacturers dependent on NPI often face uncertainty in production costs, leading to financial planning challenges. High nickel prices can reduce the cost advantage of NPI, making alternative sources more attractive. Additionally, sudden price spikes can affect profit margins across industries reliant on stainless steel.

Opportunity:

Expanding infrastructure projects

Global infrastructure development is driving demand for stainless steel, increasing reliance on Nickel Pig Iron. Large-scale projects, including bridges, highways, and urban developments, require durable materials like stainless steel. Governments worldwide are investing in infrastructure, creating sustained growth opportunities for NPI producers. The emphasis on modern construction techniques further boosts demand for corrosion-resistant materials. As NPI enhances stainless steel affordability, its role in infrastructure projects remains critical.

Threat:

Trade barriers and tariffs

International trade regulations significantly impact the Nickel Pig Iron market, affecting import-export dynamics. Tariffs imposed on nickel-producing countries can disrupt supply chains, leading to price instability. Trade restrictions limit market access, affecting global distribution and industry expansion. Manufacturers must navigate regulatory challenges while ensuring cost-effective production strategies. Additionally, geopolitical tensions can trigger export limitations, restricting raw material availability.

Covid-19 Impact

The pandemic caused disruptions across the Nickel Pig Iron supply chain, impacting production and transportation. Lockdowns and restrictions led to delays in mining operations, affecting global nickel availability. However, post-pandemic recovery efforts have boosted infrastructure projects, driving renewed demand for stainless steel. The shift towards sustainable materials further supports NPI adoption in emerging markets. Overall, Covid-19 reshaped market dynamics, reinforcing the need for adaptable production strategies.

The alloy production segment is expected to be the largest during the forecast period

The alloy production segment is expected to account for the largest market share during the forecast period. NPI serves as a key raw material for stainless steel and other nickel-based alloys, ensuring efficient production. Its cost advantage enables manufacturers to maintain affordability in alloy fabrication. Growing infrastructure projects and automotive innovations further elevate demand for high-performance alloys. Technological advancements in refining processes improve NPI quality, strengthening its role in alloy production.

The construction segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the construction segment is predicted to witness the highest growth rate, due to rising infrastructure investments. Stainless steel, enabled by Nickel Pig Iron, plays a crucial role in modern construction materials. Increased urbanization and industrial expansion drive demand for corrosion-resistant structures. Government-funded infrastructure programs contribute to stainless steel consumption, elevating NPI utilization.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share due to its dominant stainless steel production. Countries like China and Indonesia are leading suppliers of NPI, supporting the region's industrial growth. The presence of large-scale manufacturing hubs ensures a steady supply of nickel-based alloys. Infrastructure development across Asia continues to boost demand for stainless steel and NPI. Government policies promoting domestic mining enhance production efficiency and cost-effectiveness.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to increasing stainless steel demand. The region's focus on advanced manufacturing techniques supports NPI adoption in industrial applications. Rising construction and automotive innovations contribute to expanding market opportunities for nickel alloys. The presence of leading material science companies enhances research and development efforts.

Key players in the market

Some of the key players profiled in the Nickel Pig Iron Market include Tsingshan Group, Nickel Industries Limited, Eramet, Jindal Stainless, New Yaking Pte. Ltd., PT MERDEKA BATTERY MATERIALS TBK, PT. Growth Java Industry, PT. Gunbuster Nickel Industry (GNI), Shandong Xinhai, Delong Holdings, Eternal Tsingshan Group, Lestari Smelter Indonesia, Ocean Sky Metal Industry, Bukit Smelter Indonesia, and METALS VENTURE FZE.

Key Developments:

In February 2025, Merdeka Battery Materials Tbk is pleased to announce that it has signed definitive agreements with strategic partners for the construction of a high-pressure acid leach ("HPAL") plant. This HPAL plant is designed to have a nameplate capacity of 90,000 tonnes per annum of contained nickel in Mixed Hydroxide Precipitate ("MHP").

Product Types Covered:

  • High-grade NPI (>=10% Ni content)
  • Low-grade NPI (<10% Ni content)
  • Other Product Types

Production Methods Covered:

  • Blast Furnace (BF) Production
  • Electric Arc Furnace (EAF) Production
  • Rotary Kiln Electric Furnace (RKEF) Technology

Distribution Channels Covered:

  • Direct Sales
  • Distributors & Traders

Applications Covered:

  • Stainless Steel Production
  • Foundries and Castings
  • Alloy Production
  • Other Applications

End Users Covered:

  • Metallurgy
  • Construction
  • Automotive
  • Machinery & Equipment
  • Other End Users

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
    • Comprehensive profiling of additional market players (up to 3)
    • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

  • 2.1 Abstract
  • 2.2 Stake Holders
  • 2.3 Research Scope
  • 2.4 Research Methodology
    • 2.4.1 Data Mining
    • 2.4.2 Data Analysis
    • 2.4.3 Data Validation
    • 2.4.4 Research Approach
  • 2.5 Research Sources
    • 2.5.1 Primary Research Sources
    • 2.5.2 Secondary Research Sources
    • 2.5.3 Assumptions

3 Market Trend Analysis

  • 3.1 Introduction
  • 3.2 Drivers
  • 3.3 Restraints
  • 3.4 Opportunities
  • 3.5 Threats
  • 3.6 Product Analysis
  • 3.7 Application Analysis
  • 3.8 End User Analysis
  • 3.9 Emerging Markets
  • 3.10 Impact of Covid-19

4 Porters Five Force Analysis

  • 4.1 Bargaining power of suppliers
  • 4.2 Bargaining power of buyers
  • 4.3 Threat of substitutes
  • 4.4 Threat of new entrants
  • 4.5 Competitive rivalry

5 Global Nickel Pig Iron Market, By Product Type

  • 5.1 Introduction
  • 5.2 High-grade NPI (>=10% Ni content)
  • 5.3 Low-grade NPI (<10% Ni content)
  • 5.4 Other Product Types

6 Global Nickel Pig Iron Market, By Production Method

  • 6.1 Introduction
  • 6.2 Blast Furnace (BF) Production
  • 6.3 Electric Arc Furnace (EAF) Production
  • 6.4 Rotary Kiln Electric Furnace (RKEF) Technology

7 Global Nickel Pig Iron Market, By Distribution Channel

  • 7.1 Introduction
  • 7.2 Direct Sales
  • 7.3 Distributors & Traders

8 Global Nickel Pig Iron Market, By Application

  • 8.1 Introduction
  • 8.2 Stainless Steel Production
  • 8.3 Foundries and Castings
  • 8.4 Alloy Production
  • 8.5 Other Applications

9 Global Nickel Pig Iron Market, By End User

  • 9.1 Introduction
  • 9.2 Metallurgy
  • 9.3 Construction
  • 9.4 Automotive
  • 9.5 Machinery & Equipment
  • 9.6 Other End Users

10 Global Nickel Pig Iron Market, By Geography

  • 10.1 Introduction
  • 10.2 North America
    • 10.2.1 US
    • 10.2.2 Canada
    • 10.2.3 Mexico
  • 10.3 Europe
    • 10.3.1 Germany
    • 10.3.2 UK
    • 10.3.3 Italy
    • 10.3.4 France
    • 10.3.5 Spain
    • 10.3.6 Rest of Europe
  • 10.4 Asia Pacific
    • 10.4.1 Japan
    • 10.4.2 China
    • 10.4.3 India
    • 10.4.4 Australia
    • 10.4.5 New Zealand
    • 10.4.6 South Korea
    • 10.4.7 Rest of Asia Pacific
  • 10.5 South America
    • 10.5.1 Argentina
    • 10.5.2 Brazil
    • 10.5.3 Chile
    • 10.5.4 Rest of South America
  • 10.6 Middle East & Africa
    • 10.6.1 Saudi Arabia
    • 10.6.2 UAE
    • 10.6.3 Qatar
    • 10.6.4 South Africa
    • 10.6.5 Rest of Middle East & Africa

11 Key Developments

  • 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
  • 11.2 Acquisitions & Mergers
  • 11.3 New Product Launch
  • 11.4 Expansions
  • 11.5 Other Key Strategies

12 Company Profiling

  • 12.1 Tsingshan Group
  • 12.2 Nickel Industries Limited
  • 12.3 Eramet
  • 12.4 Jindal Stainless
  • 12.5 New Yaking Pte. Ltd.
  • 12.6 PT MERDEKA BATTERY MATERIALS TBK
  • 12.7 PT. Growth Java Industry
  • 12.8 PT. Gunbuster Nickel Industry (GNI)
  • 12.9 Shandong Xinhai
  • 12.10 Delong Holdings
  • 12.11 Eternal Tsingshan Group
  • 12.12 Lestari Smelter Indonesia
  • 12.13 Ocean Sky Metal Industry
  • 12.14 Bukit Smelter Indonesia
  • 12.15 METALS VENTURE FZE