Global Nickel Hydroxide Market Growth 2025-2031

The global Nickel Hydroxide market size is predicted to grow from US$ 422 million in 2025 to US$ 565 million in 2031; it is expected to grow at a CAGR of 5.0% from 2025 to 2031.

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.

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.

LP Information, Inc. (LPI) ' newest research report, the “Nickel Hydroxide Industry Forecast” looks at past sales and reviews total world Nickel Hydroxide sales in 2024, providing a comprehensive analysis by region and market sector of projected Nickel Hydroxide sales for 2025 through 2031. 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.

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.

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 analysing 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 by Type, by Application?

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