세계의 니켈 광업 시장 규모, 점유율, 동향 분석 보고서 : 최종 용도별, 지역별, 부문 예측(2025-2030년)

Nickel Mining Market Summary

The global nickel mining market size was valued at USD 74.30 billion in 2024 and is projected to reach USD 83.81 billion by 2030, growing at a CAGR of 2.5% from 2025 to 2030. Growth in end-use industries such as construction, consumer durables, and machinery & equipment is propelling the growth of the stainless steel industry.

Nickel is one of the key raw materials of stainless steel. Hence, development in the stainless steel industry is contributing to the growth of the market. According to the Nickel Institute, over two-thirds of the world's nickel is utilized in the production of stainless steel. It acts as an alloying agent, enhancing essential properties such as formability, ductility, and weldability while also increasing corrosion resistance for specific applications. Currently, only one active nickel-cobalt mine in the U.S. produces about 17.0 kilotons of nickel every year. Nickel is a crucial metal for several industries, such as electric vehicles (EVs), defense and aerospace, and steel. For 40-50% of its nickel usage, the U.S. is reliant on imports; therefore, it is working towards enhancing its domestic production.

For instance, in September 2023, a contract worth USD 20.6 million was awarded to Talon Metals Corp by the U.S. Department of Defense (DoD) to enhance nickel mining in the country. The funding is anticipated to support the company's exploration activities in the Tamarack Intrusive Complex. Such initiatives are projected to drive market growth over the forecast period. In June 2023, Talon Metals Corp began the environmental review process for its nickel mine located near Tamarack in the northern region by submitting regulatory filings in Minnesota. The mining project is expected to be a major supplier for Tesla's electric vehicle battery production, making regulatory approvals vital for its success. Positive regulatory outcomes could have significant benefits for the company's operations.

The process of extracting and producing nickel can cause serious harm to the environment. It can lead to the pollution of air, water, and soil and the destruction of wildlife habitats. The release of harmful chemicals, such as heavy metals, into nearby water sources can devastate aquatic life and the well-being of local communities that rely on these water sources for drinking, irrigation, and other essential needs. Thus, nickel mining is always under strict environmental scrutiny, hindering market growth.

Recycling initiatives contribute to a more sustainable supply chain, promote long-term market stability, and attract investments in cleaner, more efficient nickel extraction and processing technologies. For instance, in April 2025, Panasonic Energy and Sumitomo Metal Mining announced plans to launch a nickel recycling project to recover nickel from the production waste of lithium-ion batteries. The recycled nickel will be reused in cathode materials for new batteries. Initially, the process will focus on scrap from Panasonic's Osaka plant, with refining at Sumitomo's Niihama Nickel Refinery in Ehime Prefecture.

Global Nickel Mining Market Report Segmentation

This report forecasts revenue and volume growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global nickel mining market report based on end use and region:

• End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
• Stainless Steel
• Non-Ferrous Alloys
• Batteries
• Others
• Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Russia
  • Norway
• Asia Pacific
  • China
  • India
  • Australia
  • Indonesia
  • Philippines
• Latin America
  • Brazil
  • Chile
  • Peru
• Middle East & Africa
  • Bahrain
  • UAE

Table of Contents

Chapter 1. Methodology and Scope

• 1.1. Market Segmentation & Scope
• 1.2. Market Definition
• 1.3. Information Procurement
  • 1.3.1. Purchased Database
  • 1.3.2. GVR's Internal Database
  • 1.3.3. Secondary Sources & Third-Party Perspectives
  • 1.3.4. Primary Research
• 1.4. Information Analysis
  • 1.4.1. Data Analysis Models
• 1.5. Market Formulation & Data Visualization
• 1.6. Data Validation & Publishing

Chapter 2. Executive Summary

• 2.1. Market Snapshot
• 2.2. Segment Snapshot
• 2.3. Competitive Landscape Snapshot

Chapter 3. Nickel Mining Market Variables, Trends & Scope

• 3.1. Market Lineage Outlook
  • 3.1.1. Parent Market Outlook
  • 3.1.2. Related Market Outlook
• 3.2. Industry Value Chain Analysis
• 3.3. Regulatory Framework
• 3.4. Market Dynamics
  • 3.4.1. Market Driver Analysis
  • 3.4.2. Market Restraint Analysis
  • 3.4.3. Industry Challenges
  • 3.4.4. Industry Opportunities
• 3.5. Industry Analysis Tools
  • 3.5.1. Porter's Five Forces Analysis
  • 3.5.2. Macro-environmental Analysis

Chapter 4. Nickel Mining Market: End Use Estimates & Trend Analysis

• 4.1. End Use Segment Dashboard
• 4.2. Nickel Mining Market: End Use Movement Analysis & Market Share, 2024 & 2030
• 4.3. Stainless Steel
  • 4.3.1. Stainless Steel Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
• 4.4. Non-Ferrous Alloys
  • 4.4.1. Non-Ferrous Alloys Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
• 4.5. Batteries
  • 4.5.1. Batteries Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
• 4.6. Others
  • 4.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)

Chapter 5. Nickel Mining Market: Regional Estimates & Trend Analysis

• 5.1. Regional Movement Analysis & Market Share, 2024 & 2030
• 5.2. North America
  • 5.2.1. North America Nickel Mining Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 5.2.2. U.S.
    • 5.2.2.1. Key Country Dynamics
    • 5.2.2.2. U.S. Nickel Mining Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 5.2.3. Canada
    • 5.2.3.1. Key Country Dynamics
    • 5.2.3.2. Canada Nickel Mining Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 5.2.4. Mexico
    • 5.2.4.1. Key Country Dynamics
    • 5.2.4.2. Mexico Nickel Mining Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
• 5.3. Europe
  • 5.3.1. Europe Nickel Mining Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 5.3.2. Russia
    • 5.3.2.1. Key Country Dynamics
    • 5.3.2.2. Russia Nickel Mining Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 5.3.3. Norway
    • 5.3.3.1. Key Country Dynamics
    • 5.3.3.2. Norway Nickel Mining Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
• 5.4. Asia Pacific
  • 5.4.1. Asia Pacific Nickel Mining Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 5.4.2. China
    • 5.4.2.1. Key Country Dynamics
    • 5.4.2.2. China Nickel Mining Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 5.4.3. India
    • 5.4.3.1. Key Country Dynamics
    • 5.4.3.2. India Nickel Mining Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 5.4.4. Australia
    • 5.4.4.1. Key Country Dynamics
    • 5.4.4.2. Australia Nickel Mining Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 5.4.5. Indonesia
    • 5.4.5.1. Key Country Dynamics
    • 5.4.5.2. Indonesia Nickel Mining Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 5.4.6. Philippines
    • 5.4.6.1. Key Country Dynamics
    • 5.4.6.2. Philippines Nickel Mining Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
• 5.5. Latin America
  • 5.5.1. Latin America Nickel Mining Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 5.5.2. Brazil
    • 5.5.2.1. Key Country Dynamics
    • 5.5.2.2. Brazil Nickel Mining Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 5.5.3. Chile
    • 5.5.3.1. Key Country Dynamics
    • 5.5.3.2. Chile Nickel Mining Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 5.5.4. Peru
    • 5.5.4.1. Key Country Dynamics
    • 5.5.4.2. Peru Nickel Mining Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
• 5.6. Middle East & Africa
  • 5.6.1. Middle East & Africa Nickel Mining Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 5.6.2. Bahrain
    • 5.6.2.1. Key Country Dynamics
    • 5.6.2.2. Bahrain Nickel Mining Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 5.6.3. UAE
    • 5.6.3.1. Key Country Dynamics
    • 5.6.3.2. UAE Nickel Mining Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)

Chapter 6. Nickel Mining Market - Competitive Landscape

• 6.1. Recent Developments & Impact Analysis, By Key Market Participants
• 6.2. Company Categorization
• 6.3. Company Heat Map
• 6.4. Position Analysis, 2024
• 6.5. Strategy Mapping
  • 6.5.1. Expansion
  • 6.5.2. Mergers & Acquisition
  • 6.5.3. Partnerships & Collaborations
  • 6.5.4. New Product Launches
  • 6.5.5. Research and Development
• 6.6. Company Profiles
  • 6.6.1. Vale
    • 6.6.1.1. Participant's Overview
    • 6.6.1.2. Financial Performance
    • 6.6.1.3. Product Benchmarking
    • 6.6.1.4. Recent Developments
  • 6.6.2. Glencore
    • 6.6.2.1. Participant's Overview
    • 6.6.2.2. Financial Performance
    • 6.6.2.3. Product Benchmarking
    • 6.6.2.4. Recent Developments
  • 6.6.3. BHP
    • 6.6.3.1. Participant's Overview
    • 6.6.3.2. Financial Performance
    • 6.6.3.3. Product Benchmarking
    • 6.6.3.4. Recent Developments
  • 6.6.4. Sumitomo Metal Mining Co., Ltd.
    • 6.6.4.1. Participant's Overview
    • 6.6.4.2. Financial Performance
    • 6.6.4.3. Product Benchmarking
    • 6.6.4.4. Recent Developments
  • 6.6.5. Sherritt International Corporation
    • 6.6.5.1. Participant's Overview
    • 6.6.5.2. Financial Performance
    • 6.6.5.3. Product Benchmarking
    • 6.6.5.4. Recent Developments
  • 6.6.6. FUJI ULTRASONIC ENGINEERING Co., Ltd.
    • 6.6.6.1. Participant's Overview
    • 6.6.6.2. Financial Performance
    • 6.6.6.3. Product Benchmarking
    • 6.6.6.4. Recent Developments
  • 6.6.7. IGO Limited
    • 6.6.7.1. Participant's Overview
    • 6.6.7.2. Financial Performance
    • 6.6.7.3. Product Benchmarking
    • 6.6.7.4. Recent Developments
  • 6.6.8. Eramet
    • 6.6.8.1. Participant's Overview
    • 6.6.8.2. Financial Performance
    • 6.6.8.3. Product Benchmarking
    • 6.6.8.4. Recent Developments
  • 6.6.9. Lundin Mining Corporation
    • 6.6.9.1. Participant's Overview
    • 6.6.9.2. Financial Performance
    • 6.6.9.3. Product Benchmarking
    • 6.6.9.4. Recent Developments
  • 6.6.10. Norilsk Nickel
    • 6.6.10.1. Participant's Overview
    • 6.6.10.2. Financial Performance
    • 6.6.10.3. Product Benchmarking
    • 6.6.10.4. Recent Developments
  • 6.6.11. Nickel Asia Corporation
    • 6.6.11.1. Participant's Overview
    • 6.6.11.2. Financial Performance
    • 6.6.11.3. Product Benchmarking
    • 6.6.11.4. Recent Developments