Report overview
Nickel Sulfate, usually refers to the inorganic compound with the formula NiSO4 (H2O)6. This highly soluble blue-coloured salt is a common source of the Ni2+ ion for electroplating. At least seven Sulfate salts of nickel (II) are known. These salts differ in terms of their hydration or crystal habit. The common tetragonal hexahydrate crystallizes from aqueous solution between 30.7 and 53.8 ?C. Below these temperatures, a heptahydrate crystallises, and above these temperatures an orthorhombic hexahydrate forms. The yellow anhydrous form, NiSO4, is a high melting solid that is rarely encountered in the laboratory. This material is produced by heating the hydrates above 330 ?C. It decomposes at still higher temperatures to nickel oxide. X-ray crystallography measurements show that NiSO4?6H2O consists of the octahedral [Ni (H2O)6]2+ ions. These ions in turn are hydrogen bonded to Sulfate ions. Dissolution of the salt in water gives solutions containing the aquo complex [Ni (H2O)6]2+. All Nickel Sulfates are paramagnetic.
This report aims to provide a comprehensive presentation of the global market for Nickel Sulfate, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Nickel Sulfate. This report contains market size and forecasts of Nickel Sulfate in global, including the following market information:
Global Nickel Sulfate Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Nickel Sulfate Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Nickel Sulfate companies in 2022 (%)
The global Nickel Sulfate market was valued at US$ 5156.9 million in 2022 and is projected to reach US$ 10310 million by 2029, at a CAGR of 10.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global nickel sulfate main players are Jinchuan, GEM, Sumitomo Metal Mining(SMM), etc. Top 5 companies hold a share about 50%. Japan is the largest market, with a share about 65%.In terms of product, high-purity grade is the largest segment, with a share over 75%. And in terms of application, the largest application is battery, followed by electroplating .
We surveyed the Nickel Sulfate manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Nickel Sulfate Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Nickel Sulfate Market Segment Percentages, by Type, 2022 (%)
EN Grade
Plating Grade
High-purity Grade
Global Nickel Sulfate Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Nickel Sulfate Market Segment Percentages, by Application, 2022 (%)
Electroplating
Chemical industry
Battery
Global Nickel Sulfate Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Nickel Sulfate Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Nickel Sulfate revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Nickel Sulfate revenues share in global market, 2022 (%)
Key companies Nickel Sulfate sales in global market, 2018-2023 (Estimated), (MT)
Key companies Nickel Sulfate sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Jinchuan
GEM
Sumitomo Metal Mining(SMM)
Guangxi Yinyi
Norilsk Nickel
Jilin Jien
Umicore
Coremax
Jinco Nonferrous
Zenith
Mechema
SEIDO CHEMICAL
Outline of Major Chapters:
Chapter 1: Introduces the definition of Nickel Sulfate, market overview.
Chapter 2: Global Nickel Sulfate market size in revenue and volume.
Chapter 3: Detailed analysis of Nickel Sulfate manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Nickel Sulfate in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Nickel Sulfate capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
