Global Nickel Hydroxide Market Growth 2023-2029
Nickel hydroxide is a green, crystalline, inorganic compound that produces toxic gases upon heating. It is generally used in rechargeable battery electrodes, by oxidation to nickel (III) oxide-hydroxide. Nickel hydroxide is denoted by Ni (OH) 2 and is an insoluble chemical compound having strong redox properties.
LPI (LP Information)' newest research report, the “Nickel Hydroxide Industry Forecast” looks at past sales and reviews total world Nickel Hydroxide sales in 2022, providing a comprehensive analysis by region and market sector of projected Nickel Hydroxide sales for 2023 through 2029. With Nickel Hydroxide sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Nickel Hydroxide industry.
This Insight Report provides a comprehensive analysis of the global Nickel Hydroxide 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 Nickel Hydroxide portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Nickel Hydroxide market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Nickel Hydroxide 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 Nickel Hydroxide.
The global Nickel Hydroxide market size is projected to grow from US$ 384.4 million in 2022 to US$ 540.1 million in 2029; it is expected to grow at a CAGR of 540.1 from 2023 to 2029.
Global Nickel Hydroxide key players include Norilsk, Chancsun Umicore, Henan Kelong, SMM Group, Anhui Yaland, etc. Global top five manufacturers hold a share over 60%.
China is the largest market, with a share over 50%, followed by Europe and Japan, both have a share over 35%.
In terms of product, Contain Cobalt Nickel Hydroxide is the largest segment, with a share over 35%. And in terms of application, the largest application is Batteries, followed by Electronics, Chemical, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Nickel Hydroxide market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Pure Nickel Hydroxide
Contain Cobalt Nickel Hydroxide
Contain Zinc Nickel Hydroxide
Contain Cadmium Nickel Hydroxide
Others
Segmentation by application
Batteries
Electronics
Chemical
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 analyzing the company's coverage, product portfolio, its market penetration.
Norilsk
SMM Group
Tanaka-Chemical
Kansai Catalyst
Chancsun Umicore
Henan Kelong
Anhui Yaland
Jilin Jien
Kingray New Materials
Jinchuan Group
Jiangmen Fangyuan
Key Questions Addressed in this Report
What is the 10-year outlook for the global Nickel Hydroxide market?
What factors are driving Nickel Hydroxide market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Nickel Hydroxide market opportunities vary by end market size?
How does Nickel Hydroxide break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook