Global Nickel Oxide Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Nickel Oxide Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Nickel Oxide is a highly insoluble thermally stable Nickel source suitable for glass, optic and ceramic applications.

Market Overview:

The latest research study on the global Nickel Oxide market finds that the global Nickel Oxide market reached a value of USD 163.14 million in 2022. It’s expected that the market will achieve USD 278.37 million by 2028, exhibiting a CAGR of 9.31% during the forecast period.

Opportunities

Within this market, the application of Nickel oxide on batteries will continue to increase, due to increased electric vehicle production utilizing nickel content in nickel cobalt aluminum oxide (NCA) and nickel manganese cobalt oxide (NMC) batteries.
The output of nickel oxide ore in the global market accounts for about 70%. Since most nickel mines are in developing countries, labor costs are low and survey costs are low.

Region Overview:

From 2023-2028, China is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Jinchuan Group, Tongxiang Tianyuan Chemical Co., Ltd. and SEIDO CHEMICAL INDUSTRY CO., LTD. with the revenue market share of 13.92%, 10.03% and 6.99% in 2018.

Jinchuan Group Co.,Ltd. operates as a mining company. The Company mines, smelts, processes, and distributes nickel, copper, cobalt, platinum, and other metal products. Jinchuan Group also provides new energy development, logistics, machine manufacturing, and other services.

Tongxiang Tianyuan Chemical Co., Ltd. is a professional manufacturer of nickel, cobalt and copper wet smelting oxides and new materials. Tianyuan Chemical has been committed to the research and development and production of high-quality oxides and new materials related to nickel, cobalt and copper.

Segmentation Overview:

Among different product types, Nickel Oxide Green segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Ceramics and Glass segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Nickel Oxide market covered in Chapter 3:

Jiangsu TEHO Metal Industrial Co., LTD,
Kingstone Industrial Group
Chengdu Shudu Nano-science Co., Ltd.
INCASA S.A.
Taixing Smelting Plant
Jinchuan Group
Tongxiang Tianyuan Chemical Co., Ltd.
TONGXIANG HENGRUI CHEMICAL INDUSTRY CP., LTD.
Zhangjiagang Huayi Chemical Co. Ltd.
KUNHE
Umicore Cobalt & Specialty Materials
ALT Cobalt & Nickel Products (Dalian) Co., Ltd.
SEIDO CHEMICAL INDUSTRY CO., LTD.

In Chapter 4 and Chapter 14.2, on the basis of types, the Nickel Oxide market from 2018 to 2029 is primarily split into:

Nickel Oxide Green
Nickel Oxide Black
Brown Nickel Oxide (NiO)

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Nickel Oxide market from 2018 to 2029 covers:

Ceramics and Glass
Catalyst
Magnetic material
Semiconductor material
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)