Global Battery Grade Nickel Sulphate Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Battery Grade Nickel Sulphate market size was valued at US$ 3066 million in 2024 and is forecast to a readjusted size of USD 5768 million by 2031 with a CAGR of 8.7% during review period.

Nickel sulfate is mainly divided into battery grade nickel sulfate and electroplating grade nickel sulfate. Battery grade nickel sulfate is the main source of nickel metal in ternary materials and is used to prepare lithium nickel cobalt manganate (NCM) and lithium nickel cobalt aluminate (NCA).

Global key players of Battery Grade Nickel Sulphate include Sumitomo Metal Mining, Jinchuan Group, Nornickel, etc. The top three players hold a share over 31%. China is the largest market, with a share of 77 percent, folllowed by South Korea and Japan, with share 10% and 9%, separately. In terms of product type, Crystal Powder is the largest segment, occupied for 93%. And in terms of application, Power Battery has a share of 75%.

This report is a detailed and comprehensive analysis for global Battery Grade Nickel Sulphate market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Battery Grade Nickel Sulphate market size and forecasts, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031

Global Battery Grade Nickel Sulphate market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031

Global Battery Grade Nickel Sulphate market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031

Global Battery Grade Nickel Sulphate market shares of main players, shipments in revenue ($ Million), sales quantity (K Tons), and ASP (US$/Ton), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Battery Grade Nickel Sulphate

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Battery Grade Nickel Sulphate market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Sumitomo Metal Mining, Jinchuan Group, KEMCO (Korea Zinc), MCC Ramu New Energy Technology, Guangxi Yinyi Advanced Material, Ji En Nickel Industry, Terrafame Ltd, Shanghai CN Science And Technology, Trimegah Bangun Persada (TBP), BHP, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Battery Grade Nickel Sulphate market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Nickel Sulfate Solution
Nickel Sulfate Crystal Powder

Market segment by Application
Power Battery
Consumer Battery
Others

Major players covered
Sumitomo Metal Mining
Jinchuan Group
KEMCO (Korea Zinc)
MCC Ramu New Energy Technology
Guangxi Yinyi Advanced Material
Ji En Nickel Industry
Terrafame Ltd
Shanghai CN Science And Technology
Trimegah Bangun Persada (TBP)
BHP
Umicore
GEM
CoreMax Corporation
Nornickel
Guangdong Jin Sheng New Energy
Huayou Cobalt
Guangdong Feinan Resources Recycling
Jiangxi Grand Green Technology
Dalian Ruiyuan Power
Primobius GmbH
Alpha Fine Chemicals
Greatpower Nickel and Cobalt Materials
CNGR Advanced Material
MECHEMA
FPX Nickel Corp
Shaanxi Jutai New Material Technology
Jiangxi Rui Da Xinnengyuan Technology
Sichuan Shunying Power Battery Material
Guangdong Guanghua Sci
Jiangxi Tungsten Holding
Guangdong Brunp Recycling Technology
Jiangsu Miracle Logistics System Engineering

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Battery Grade Nickel Sulphate product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Battery Grade Nickel Sulphate, with price, sales quantity, revenue, and global market share of Battery Grade Nickel Sulphate from 2020 to 2025.

Chapter 3, the Battery Grade Nickel Sulphate competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Battery Grade Nickel Sulphate breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Battery Grade Nickel Sulphate market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Battery Grade Nickel Sulphate.

Chapter 14 and 15, to describe Battery Grade Nickel Sulphate sales channel, distributors, customers, research findings and conclusion.