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Global Nickel Sulfate Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application

Published Date: 2019-04-13   |   Pages: 152   |   Tables: 186   | Report Id: 1089655   | Hits: 115 |   Chemical & Material

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Summary

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+.

Nickel sulfate industry is relatively fragmented, manufacturers are mostly in the China, Taiwan, Japan and Europe. As for output value, Europe and North America output value accounted for more than 60.38% of the total output value of global nickel sulfate market. Norilsk Nickel is the world leading manufacturer in global nickel sulfate market with the market share of 13.94%, in terms of revenue.

In the past few years, as the main raw material price was not stable, with the decrease in production capacity, expected that the nickel sulfate raw material price might be slightly higher in the short term. Moreover, the improvement of energy, transportation costs, and labor costs, will play a significant role in promoting the cost of nickel sulfate.

There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality.

The average price of nickel sulfate will fall further. The product average price declined in the past few years due to the function and technology development, the average price will keep this trend in the few future years due to increasing mature manufacturing technology and cost of raw materials.

The global Nickel Sulfate market was 1850 million US$ in 2018 and is expected to 2400 million US$ by the end of 2025, growing at a CAGR of 3.3% between 2019 and 2025.

This report studies the Nickel Sulfate market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Nickel Sulfate in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Norilsk Nickel

Umicore

Sumitomo Metal Mining Co., Ltd. (SMM)

Mechema

Outotec

Nicomet

Coremax

Zenith

SEIDO CHEMICAL INDUSTRY CO., LTD.

Jilin Jien Nickel Industry

Jinchuan

Green Eco-Manufacturer

Jinco Nonferrous

Huaze Cobalt & Nickel

Guangxi Yinyi

By the product type, the market is primarily split into

EN Grade

Plating Grade

High-Purity Grade

By the end users/application, this report covers the following segments

Electroplating

Chemical Industry

Battery

We can also provide the customized separate regional or country-level reports, for the following regions:

North America

United States

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

Indonesia

Singapore

Malaysia

Philippines

Thailand

Vietnam

Rest of Asia-Pacific

Europe

Germany

France

UK

Italy

Spain

Russia

Rest of Europe

Central & South America

Brazil

Rest of Central & South America

Middle East & Africa

GCC Countries

Turkey

Egypt

South Africa

Rest of Middle East & Africa

The study objectives of this report are:

To study and analyze the global Nickel Sulfate market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.

To understand the structure of Nickel Sulfate market by identifying its various subsegments.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Focuses on the key global Nickel Sulfate manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Nickel Sulfate with respect to individual growth trends, future prospects, and their contribution to the total market.

To project the value and volume of Nickel Sulfate submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Nickel Sulfate are as follows:

History Year: 2014-2018

Base Year: 2018

Estimated Year: 2019

Forecast Year 2019 to 2025

This report includes the estimation of market size for value (million USD) and volume (T). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Nickel Sulfate market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders

Raw material suppliers

Distributors/traders/wholesalers/suppliers

Regulatory bodies, including government agencies and NGO

Commercial research & development (R&D) institutions

Importers and exporters

Government organizations, research organizations, and consulting firms

Trade associations and industry bodies

End-use industries

Available Customizations

With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:

Further breakdown of Nickel Sulfate market on basis of the key contributing countries.

Detailed analysis and profiling of additional market players.

Licenses Type

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Multiple users can access the report

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