Middle East & Africa Nickel Powder Market Size & Outlook

The nickel powder market in Middle East & Africa is expected to reach a projected revenue of US$ 110.5 million by 2033. A compound annual growth rate of 6.4% is expected of Middle East & Africa nickel powder market from 2026 to 2033.
Revenue, 2025 (US$M)
$67.6
Forecast, 2033 (US$M)
$110.5
CAGR, 2026 - 2033
6.4%
Report Coverage
Middle East & Africa

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Middle East & Africa nickel powder market, 2021-2033 (US$M)

Middle East & Africa nickel powder market, 2021-2033 (US$M)

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MEA nickel powder market highlights

  • The MEA nickel powder market generated a revenue of USD 67.6 million in 2025.
  • The market is expected to grow at a CAGR of 6.4% from 2026 to 2033.
  • In terms of segment, carbonyl was the largest revenue generating product in 2025.
  • Carbonyl is the most lucrative product segment registering the fastest growth during the forecast period.


MEA data book summary

Market revenue in 2025USD 67.6 million
Market revenue in 2033USD 110.5 million
Growth rate6.4% (CAGR from 2026 to 2033)
Largest segmentCarbonyl
Fastest growing segmentCarbonyl
Historical data covered2021 - 2024
Base year for estimation2025
Forecast period covered2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationCarbonyl


Other key industry trends

  • In terms of revenue, MEA region accounted for 3.7% of the global nickel powder market in 2025.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,684.7 million by 2033.

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Nickel Powder Market Companies

Name Profile # Employees HQ Website
Jinchuan Group International Resources View profile 11-50 Admiralty, Hong Kong Island, Hong Kong, Asia http://jinchuan-intl.com
JFE Steel View profile 10001+ Tokyo, Tokyo, Japan, Asia https://www.jfe-steel.co.jp/en
American Elements View profile 251-500 Los Angeles, California, United States, North America https://www.americanelements.com
Nornickel View profile 10001+ Moscow, Moscow City, Russian Federation, Europe https://www.nornickel.com
Hoganas View profile 1001-5000 Höganäs, Skane Lan, Sweden, Europe https://www.hoganas.com
Sherritt International Corp View profile 3461 22 Adelaide Street West, Suite 4220, Toronto, ON, Canada, M5H 4E3 https://www.sherritt.com
Sumitomo Metal Mining Co Ltd View profile 7977 11-3, Shimbashi 5-chome, Minato-ku, Tokyo, Japan, 105-8716 http://www.smm.co.jp
Valeo SA View profile 112740 100, rue de Courcelles, Cedex 17, Paris, France, 75017 https://www.valeo.com
Basf SE View profile 111855 Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 https://www.basf.com
Sandvik AB View profile 40614 Kungsbron 1, Section G, Floor 6, Stockholm, Sweden, 111 22 https://www.sandvik.com

Middle East & Africa nickel powder market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nickel powder market will help companies and investors design strategic landscapes.


Carbonyl was the largest segment with a revenue share of 105.77% in 2025. Horizon Databook has segmented the Middle East & Africa nickel powder market based on carbonyl covering the revenue growth of each sub-segment from 2021 to 2033.


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  • Our clientele includes a mix of nickel powder market companies, investment firms, advisory firms & academic institutions.
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  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa nickel powder market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa nickel powder market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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