Global Battery Grade Nickel Sulphate Market Growth 2025-2031

The global Battery Grade Nickel Sulphate market size is predicted to grow from US$ 3322 million in 2025 to US$ 5650 million in 2031; it is expected to grow at a CAGR of 9.3% from 2025 to 2031.

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%.

LP Information, Inc. (LPI) ' newest research report, the “Battery Grade Nickel Sulphate Industry Forecast” looks at past sales and reviews total world Battery Grade Nickel Sulphate sales in 2024, providing a comprehensive analysis by region and market sector of projected Battery Grade Nickel Sulphate sales for 2025 through 2031. With Battery Grade Nickel Sulphate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Battery Grade Nickel Sulphate industry.

This Insight Report provides a comprehensive analysis of the global Battery Grade Nickel Sulphate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Battery Grade Nickel Sulphate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Battery Grade Nickel Sulphate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Battery Grade Nickel Sulphate and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Battery Grade Nickel Sulphate.

This report presents a comprehensive overview, market shares, and growth opportunities of Battery Grade Nickel Sulphate market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

Nickel Sulfate Solution

Nickel Sulfate Crystal Powder

Segmentation by Application:

Power Battery

Consumer Battery

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Battery Grade Nickel Sulphate market?

What factors are driving Battery Grade Nickel Sulphate market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Battery Grade Nickel Sulphate market opportunities vary by end market size?

How does Battery Grade Nickel Sulphate break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.