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Nickelous Sulfate Market, Global Outlook and Forecast 2023-2029

Nickelous Sulfate Market, Global Outlook and Forecast 2023-2029

  • Published on : 28 March 2023
  • Pages :113
  • Report Code:SMR-7618344

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Report overview

Nickelous 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 nickelous sulfates are paramagnetic.
This report aims to provide a comprehensive presentation of the global market for Nickelous 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 Nickelous Sulfate. This report contains market size and forecasts of Nickelous Sulfate in global, including the following market information:
  • Global Nickelous Sulfate Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global Nickelous Sulfate Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Nickelous Sulfate companies in 2022 (%)
The global Nickelous Sulfate market was valued at US$ 5453 million in 2022 and is projected to reach US$ 19870 million by 2029, at a CAGR of 20.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global Nickelous Sulfate market include Sumitomo Metal Mining(SMM), Norilsk Nickel, Jinchuan, etc. The top 3 players occupy about 30% shares of the global market. North America, Europe and China are main markets, they occupy about 70% of the global market. High-Purity Grade is the main type, with a share about 65%. Battery is the main application, which holds a share about 65%.
We surveyed the Nickelous 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 Nickelous Sulfate Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Nickelous Sulfate Market Segment Percentages, by Type, 2022 (%)
  • EN Grade
  • Plating Grade
  • High-Purity Grade
Global Nickelous Sulfate Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Nickelous Sulfate Market Segment Percentages, by Application, 2022 (%)
  • Electroplating
  • Chemical Industry
  • Battery
Global Nickelous Sulfate Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Nickelous 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 Nickelous Sulfate revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Nickelous Sulfate revenues share in global market, 2022 (%)
  • Key companies Nickelous Sulfate sales in global market, 2018-2023 (Estimated), (K MT)
  • Key companies Nickelous Sulfate sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
  • Norilsk Nickel
  • Umicore
  • Sumitomo Metal Mining. (SMM)
  • Mechema
  • Outotec
  • Nicomet
  • Coremax
  • Zenith
  • SEIDO CHEMICAL INDUSTRY.
  • Jilin Jien Nickel Industry
  • Jinchuan
  • Green Eco-Manufacturer
  • Jinco Nonferrous
  • Huaze Cobalt & Nickel
  • Guangxi Yinyi
  • Outline of Major Chapters:
  • Chapter 1: Introduces the definition of Nickelous Sulfate, market overview.
  • Chapter 2: Global Nickelous Sulfate market size in revenue and volume.
  • Chapter 3: Detailed analysis of Nickelous 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 Nickelous 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 Nickelous 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.