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Roskill: automotive batteries and stainless steel to drive nickel demand

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In its new ten-year market outlook to 2027, Roskill, a leading provider of international metals and minerals research, forecasts primary nickel consumption to rise by just under 4% per year between 2017 and 2027, driven by increased consumption by stainless steel producers and by growth in demand in the automotive battery sector.

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Updated Roland Berger Li-ion study forecasts auto Li-ion battery market of more than US$9B by 2015; massive overcapacity and market consolidation

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Although NiMH batteries will remain entrenched in certain segments through 2015, the Roland Berger analysts see continued penetration of the Li-ion technology. From 2016/2017 one or two other companies will join the ranks of the top players, controlling 80-90% of the market.

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