News Release on April 23, 2025
The Nickel Powder Market is witnessing a dynamic phase of growth in 2025, driven by increasing industrial consumption, surging investments in electric vehicle (EV) battery materials, and rising adoption of additive manufacturing across aerospace, defense, and medical industries. The nickel powder market is experiencing a transformative shift with multiple global manufacturers scaling up operations to meet growing demand and address supply chain challenges. The nickel powder market news indicates that several new manufacturing facilities are going live in North America and Asia Pacific, signaling robust supply-side confidence in future growth.
For more detailed insights, market forecasts, and competitive landscape, visit the Nickel Powder Market News published by Datavagyanik.
Major Developments Shaping the Nickel Powder Market in 2025
In 2025, nickel powder market news is largely focused on rapid industrial scaling and strategic collaborations between battery manufacturers and raw material suppliers. The nickel powder market is being redefined by new production technologies and the growing influence of sustainable sourcing strategies. Notably, leading producers are integrating green hydrogen technologies into nickel powder processing to align with decarbonization goals.
According to Datavagyanik, the nickel powder market size is projected to exceed USD 4.3 billion by the end of 2025, expanding at a CAGR of over 7.5%. This expansion is attributed to a significant uptick in battery-grade nickel demand, driven by the global EV transition. In parallel, the nickel powder market latest developments in 2025 also point to rising use in sintered parts manufacturing, magnetic materials, and high-strength alloys for aerospace applications.
Regional Trends and Strategic Expansions in Nickel Powder Market
One of the most prominent nickel powder market developments in 2025 has been the geographical diversification of production. Asian economies, particularly China, Japan, and South Korea, remain the largest consumers and producers. However, Europe and North America are accelerating domestic output to secure supply for critical industries. In February 2025, a new facility was inaugurated in Ontario, Canada by a major nickel powder manufacturer to cater to domestic and U.S. battery producers, marking a significant milestone in the nickel powder market latest news.
In Europe, Germany and Sweden are at the forefront of integrating nickel powder in green technology applications. The nickel powder market manufacturers in the region are investing heavily in R&D and automation to improve powder quality for high-performance applications.
Key Manufacturers Dominating the Nickel Powder Market in 2025
The nickel powder market in 2025 is led by a combination of legacy metal producers and new entrants focused on specialty powder applications. According to Datavagyanik, the following are among the top nickel powder market manufacturers this year:
- Vale S.A.
- Jinchuan Group International Resources
- Sumitomo Metal Mining Co., Ltd.
- Sherritt International
- CNPC Powder Group Co., Ltd.
- Umicore
- American Elements
- Höganäs AB
- INCO Special Products
- Jiangmen Hanrui Cobalt Co., Ltd.
These nickel powder market manufacturers are expanding their capabilities in powder metallurgy, energy storage, and additive manufacturing. In March 2025, CNPC Powder Group launched a new grade of spherical nickel powder optimized for laser sintering applications in aerospace components.
Technological Innovations Driving Nickel Powder Market Growth
One of the headline developments in the nickel powder market news is the deployment of hydrometallurgical refining techniques that enhance purity and consistency. As industries such as 3D printing and electric mobility demand ultra-high purity materials, manufacturers are developing bespoke nickel powder grades with controlled morphology and particle size distribution.
Datavagyanik reports a marked increase in patent filings related to nickel powder production processes in 2025, especially for applications in solid-state batteries and high-performance magnetic alloys. This wave of innovation is reshaping the nickel powder market size and competitive dynamics.
Strategic Partnerships and Investments in 2025
In April 2025, a landmark joint venture was announced between a European battery giant and a leading nickel powder producer to co-develop nickel-based cathode materials. This collaboration is seen as a strategic effort to localize critical battery material supply chains in Europe. Such partnerships are a growing trend in the nickel powder market latest developments in 2025, with manufacturers seeking backward integration and long-term supply contracts.
In the U.S., major automakers are partnering with nickel powder manufacturers to secure sustainable and ethical supply of battery-grade nickel. The nickel powder market is thus increasingly influenced by ESG mandates and traceability concerns.
Market Outlook and Forecast for Nickel Powder in 2025
Looking ahead, the nickel powder market forecast for the remainder of 2025 and beyond is optimistic. Datavagyanik anticipates that the nickel powder market will maintain its strong upward trajectory, supported by technological advancements, regulatory incentives for EV adoption, and growing defense expenditure.
The nickel powder market news also indicates strong momentum in additive manufacturing. Industries are turning to nickel-based superalloys for complex parts due to their corrosion resistance and mechanical properties under extreme conditions. This trend is expected to boost demand for high-performance nickel powders used in 3D printing.
Nickel Powder Market Growth Drivers
Key growth factors influencing the nickel powder market in 2025 include:
- Rising demand for lithium-nickel-manganese-cobalt (NMC) battery chemistries
- Increased use of nickel alloys in aerospace turbine engines
- Advancements in metal powder atomization technologies
- Growing adoption of metal 3D printing in medical and industrial sectors
- Expansion of the powder metallurgy industry in developing economies
These drivers are supported by robust investment pipelines and regulatory frameworks that encourage localized production and innovation.
Nickel Powder Market: Latest News Highlights in 2025
- January 2025 – Jinchuan Group began operations at a new nickel powder plant in Inner Mongolia, boosting output capacity by 25%.
- February 2025 – Canadian manufacturer announced a USD 300 million expansion to cater to North American battery plants.
- March 2025 – CNPC Powder Group unveiled a new product line for aerospace-grade nickel powder.
- April 2025 – Strategic alliance signed in Germany for EV battery-grade nickel powder co-production.
- Ongoing – Additive manufacturing firms are integrating nickel powder into industrial prototyping and mass production lines.
These nickel powder market news events reflect the sector’s fast-evolving landscape, driven by both technological demand and geopolitical supply considerations.
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