New Research: Lucintel Predicts a Bright Future for the Nickel in Automotive Market

Did you know that Lucintel recently published a market research report entitled “Growth Opportunities for Nickel in the Global Automotive Industry”?

This market report for nickel in automotive identifies and predicts future opportunities for growth in nickel in the global automotive industry for various segments as well as for various regions such as North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for nickel in automotive in the passenger cars and commercial and electric vehicles..

According to Lucintel’s market report, the nickel in the global automotive market is expected to reach an estimated $13.4 billion by 2023 with a CAGR of 24.5% from 2018 to 2023. Some of the dominant players in the nickel in the global automotive market are Vale, Nornickel, BHP Billiton, Jinchuan Group, Eramet and Sheritt and others.

There are some interesting developments in nickel in the global automotive market as competition heats up and players try to increase their market share. Some of the emerging trends shaping the market dynamics include development of nickel alloy foam and increased nickel content in electric vehicle batteries.

Read more about this report at:

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