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.
In consumption market, the growth rate of global consumption is smooth relatively. China and Europe are the mainly consumption regions due to rapid development of economy. China captures about 53.79% of global consumption production and Europe is the second-largest region-wise market with 18.19% global production share.
Nickel hydroxide can be widely used in many industries. Survey results showed that 84.12% of the nickel hydroxide market is batteries industry, 6.84 % is electronics industry, and 6.63 % is Chemical industry and 2.63% divided among other industries in 2015. With the development of economy, although these industries will need more nickel hydroxide. But nickel hydroxide has a little market potential in the future. Current major companies will gradually reduce production in the future, changes will be happened in industry structure.
The major raw material for nickel hydroxide is sodium hydroxide, nickel sulfate. On the global market, supply of raw materials is full. Fluctuations in the price of the upstream product will impact on the production cost of nickel hydroxide industry.
For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
The report offers detailed coverage of Nickel Hydroxide industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Nickel Hydroxide by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Nickel Hydroxide market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Nickel Hydroxide market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Norilsk
SMM Group
Tanaka-Chemical
Kansai Catalyst
Chancsun Umicore
Henan Kelong
Anhui Yaland
Jilin Jien
Kingray New Materials
Jinchuan Group
Jiangmen Fangyuan
At the same time, we classify Nickel Hydroxide according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Pure Nickel Hydroxide
Contain Cobalt Nickel Hydroxide
Contain Zinc Nickel Hydroxide
Contain Cadmium Nickel Hydroxide
Other
Market by Application
Batteries Industry
Electronics Industry
Chemical Industry
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Nickel Hydroxide market for the forecast period 2021 - 2025?
• What are the driving forces in the Nickel Hydroxide market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Nickel Hydroxide industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?