Industry: Chemical & Material
Published Date: 2024-11-02
Pages: 102 Pages
Report ld: 2493971
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Ni Sulfate Market Size(US$)

CAGR 2024-2030
10.8%
Market Size,2030
USD 19,340
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
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.
The global Ni Sulfate market was valued at US$ 9242 million in 2023 and is anticipated to reach US$ 19340 million by 2030, witnessing a CAGR of 10.8% during the forecast period 2024-2030.
The Ni Sulfate market is experiencing several notable trends:Growing demand from the electric vehicle (EV) industry: Ni Sulfate is a key component in the production of lithium-ion batteries used in electric vehicles. With the increasing adoption of EVs globally, there is a significant demand for Ni Sulfate to meet the growing battery production requirements. This demand is expected to continue to rise as the EV market expands.
Capacity and output
Stable capacity: According to the current market situation, the capacity of nickel sulfate has not been added on a large scale in recent years. However, as technology advances and processes are optimized, the utilization rate of existing capacity may be improved.
Production growth: Despite no new capacity additions, nickel sulfate production is expected to continue to grow. This is mainly due to the strong demand in the downstream power battery market, as well as the continuous maturity of nickel sulfate production technology and the optimization of cost control.
Market demand
Increased demand for power batteries: nickel sulfate is one of the key raw materials for the preparation of cathode materials for lithium batteries, especially in the manufacturing process of ternary lithium batteries, nickel sulfate and cobalt salt, manganese salt and other raw materials together, through a series of chemical reactions to generate the precursor of cathode materials. With the continuous expansion of the electric vehicle market and the increasing demand for energy storage, the demand for nickel sulfate in power batteries will continue to grow.
Stable demand in other areas: In addition to the field of power batteries, nickel sulfate is also widely used in electroplating, printing and dyeing mordant, metal colorant and other fields. The demand for nickel sulfate in these areas is relatively stable, which provides a strong support for the development of the nickel sulfate market.
Market competition and pattern
Increasing industry concentration: The production concentration of nickel sulfate industry is gradually increasing. Some large enterprises continue to improve their market share and competitiveness through technology upgrading and capacity expansion.
International competition Intensifies: With the rapid development of the global electric vehicle market, the international competition for nickel sulfate is also becoming increasingly fierce. Some well-known international enterprises have entered the nickel sulfate market, through mergers and acquisitions, joint ventures and other ways to expand their own production capacity and market share.
Environmental protection and sustainable development
Environmental protection requirements: With the improvement of global environmental awareness and the increasingly strict environmental regulations, the environmental protection issues in the production process of nickel sulfate have received more and more attention. In the future, nickel sulfate enterprises need to increase investment in environmental protection, optimize the production process, and reduce the emission of pollutants to achieve sustainable development.
Recycling: In order to maximize the utilization of resources and reduce environmental pollution, the recycling of nickel sulfate will become the future development trend. By recycling nickel-containing waste such as waste batteries, reprocessing and treatment, high quality nickel sulfate products can be produced, so as to realize the recycling of resources and environmental protection.
MARKET SEGMENTATION
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Ni 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 Ni Sulfate.
The Ni Sulfate market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Ni Sulfate market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Ni Sulfate manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Ni Sulfate manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Ni Sulfate by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Ni 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
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TABLE OF CONTENTS
1 Ni Sulfate Market Overview
1.1 Product Definition
1.2 Ni Sulfate by Type
1.2.1 Global Ni Sulfate Market Value Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 EN Grade
1.2.3 Plating Grade
1.2.4 High-purity Grade
1.3 Ni Sulfate by Application
1.3.1 Global Ni Sulfate Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Electroplating
1.3.3 Chemical industry
1.3.4 Battery
1.4 Global Market Growth Prospects
1.4.1 Global Ni Sulfate Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Ni Sulfate Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Ni Sulfate Production Estimates and Forecasts (2019-2030)
1.4.4 Global Ni Sulfate Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Ni Sulfate Production Market Share by Manufacturers (2019-2024)
2.2 Global Ni Sulfate Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Ni Sulfate, Industry Ranking, 2022 VS 2023
2.4 Global Ni Sulfate Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Ni Sulfate Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Ni Sulfate, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Ni Sulfate, Product Offered and Application
2.8 Global Key Manufacturers of Ni Sulfate, Date of Enter into This Industry
2.9 Ni Sulfate Market Competitive Situation and Trends
2.9.1 Ni Sulfate Market Concentration Rate
2.9.2 Global 5 and 10 Largest Ni Sulfate Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Ni Sulfate Production by Region
3.1 Global Ni Sulfate Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Ni Sulfate Production Value by Region (2019-2030)
3.2.1 Global Ni Sulfate Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Ni Sulfate by Region (2025-2030)
3.3 Global Ni Sulfate Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Ni Sulfate Production by Region (2019-2030)
3.4.1 Global Ni Sulfate Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Ni Sulfate by Region (2025-2030)
3.5 Global Ni Sulfate Market Price Analysis by Region (2019-2024)
3.6 Global Ni Sulfate Production and Value, Year-over-Year Growth
3.6.1 North America Ni Sulfate Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Ni Sulfate Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Ni Sulfate Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Ni Sulfate Production Value Estimates and Forecasts (2019-2030)
3.6.5 Southeast Asia Ni Sulfate Production Value Estimates and Forecasts (2019-2030)
4 Ni Sulfate Consumption by Region
4.1 Global Ni Sulfate Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Ni Sulfate Consumption by Region (2019-2030)
4.2.1 Global Ni Sulfate Consumption by Region (2019-2030)
4.2.2 Global Ni Sulfate Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Ni Sulfate Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Ni Sulfate Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Ni Sulfate Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Ni Sulfate Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Ni Sulfate Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Ni Sulfate Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Ni Sulfate Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Ni Sulfate Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Ni Sulfate Production by Type (2019-2030)
5.1.1 Global Ni Sulfate Production by Type (2019-2024)
5.1.2 Global Ni Sulfate Production by Type (2025-2030)
5.1.3 Global Ni Sulfate Production Market Share by Type (2019-2030)
5.2 Global Ni Sulfate Production Value by Type (2019-2030)
5.2.1 Global Ni Sulfate Production Value by Type (2019-2024)
5.2.2 Global Ni Sulfate Production Value by Type (2025-2030)
5.2.3 Global Ni Sulfate Production Value Market Share by Type (2019-2030)
5.3 Global Ni Sulfate Price by Type (2019-2030)
6 Segment by Application
6.1 Global Ni Sulfate Production by Application (2019-2030)
6.1.1 Global Ni Sulfate Production by Application (2019-2024)
6.1.2 Global Ni Sulfate Production by Application (2025-2030)
6.1.3 Global Ni Sulfate Production Market Share by Application (2019-2030)
6.2 Global Ni Sulfate Production Value by Application (2019-2030)
6.2.1 Global Ni Sulfate Production Value by Application (2019-2024)
6.2.2 Global Ni Sulfate Production Value by Application (2025-2030)
6.2.3 Global Ni Sulfate Production Value Market Share by Application (2019-2030)
6.3 Global Ni Sulfate Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Jinchuan
7.1.1 Jinchuan Ni Sulfate Company Information
7.1.2 Jinchuan Ni Sulfate Product Portfolio
7.1.3 Jinchuan Ni Sulfate Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Jinchuan Main Business and Markets Served
7.1.5 Jinchuan Recent Developments/Updates
7.2 GEM
7.2.1 GEM Ni Sulfate Company Information
7.2.2 GEM Ni Sulfate Product Portfolio
7.2.3 GEM Ni Sulfate Production, Value, Price and Gross Margin (2019-2024)
7.2.4 GEM Main Business and Markets Served
7.2.5 GEM Recent Developments/Updates
7.3 Sumitomo Metal Mining(SMM)
7.3.1 Sumitomo Metal Mining(SMM) Ni Sulfate Company Information
7.3.2 Sumitomo Metal Mining(SMM) Ni Sulfate Product Portfolio
7.3.3 Sumitomo Metal Mining(SMM) Ni Sulfate Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Sumitomo Metal Mining(SMM) Main Business and Markets Served
7.3.5 Sumitomo Metal Mining(SMM) Recent Developments/Updates
7.4 Guangxi Yinyi
7.4.1 Guangxi Yinyi Ni Sulfate Company Information
7.4.2 Guangxi Yinyi Ni Sulfate Product Portfolio
7.4.3 Guangxi Yinyi Ni Sulfate Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Guangxi Yinyi Main Business and Markets Served
7.4.5 Guangxi Yinyi Recent Developments/Updates
7.5 Norilsk Nickel
7.5.1 Norilsk Nickel Ni Sulfate Company Information
7.5.2 Norilsk Nickel Ni Sulfate Product Portfolio
7.5.3 Norilsk Nickel Ni Sulfate Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Norilsk Nickel Main Business and Markets Served
7.5.5 Norilsk Nickel Recent Developments/Updates
7.6 Jilin Jien
7.6.1 Jilin Jien Ni Sulfate Company Information
7.6.2 Jilin Jien Ni Sulfate Product Portfolio
7.6.3 Jilin Jien Ni Sulfate Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Jilin Jien Main Business and Markets Served
7.6.5 Jilin Jien Recent Developments/Updates
7.7 KEMCO
7.7.1 KEMCO Ni Sulfate Company Information
7.7.2 KEMCO Ni Sulfate Product Portfolio
7.7.3 KEMCO Ni Sulfate Production, Value, Price and Gross Margin (2019-2024)
7.7.4 KEMCO Main Business and Markets Served
7.7.5 KEMCO Recent Developments/Updates
7.8 Umicore
7.8.1 Umicore Ni Sulfate Company Information
7.8.2 Umicore Ni Sulfate Product Portfolio
7.8.3 Umicore Ni Sulfate Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Umicore Main Business and Markets Served
7.8.5 Umicore Recent Developments/Updates
7.9 Coremax
7.9.1 Coremax Ni Sulfate Company Information
7.9.2 Coremax Ni Sulfate Product Portfolio
7.9.3 Coremax Ni Sulfate Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Coremax Main Business and Markets Served
7.9.5 Coremax Recent Developments/Updates
7.10 Jinco Nonferrous
7.10.1 Jinco Nonferrous Ni Sulfate Company Information
7.10.2 Jinco Nonferrous Ni Sulfate Product Portfolio
7.10.3 Jinco Nonferrous Ni Sulfate Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Jinco Nonferrous Main Business and Markets Served
7.10.5 Jinco Nonferrous Recent Developments/Updates
7.11 Zenith
7.11.1 Zenith Ni Sulfate Company Information
7.11.2 Zenith Ni Sulfate Product Portfolio
7.11.3 Zenith Ni Sulfate Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Zenith Main Business and Markets Served
7.11.5 Zenith Recent Developments/Updates
7.12 Mechema
7.12.1 Mechema Ni Sulfate Company Information
7.12.2 Mechema Ni Sulfate Product Portfolio
7.12.3 Mechema Ni Sulfate Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Mechema Main Business and Markets Served
7.12.5 Mechema Recent Developments/Updates
7.13 SEIDO CHEMICAL
7.13.1 SEIDO CHEMICAL Ni Sulfate Company Information
7.13.2 SEIDO CHEMICAL Ni Sulfate Product Portfolio
7.13.3 SEIDO CHEMICAL Ni Sulfate Production, Value, Price and Gross Margin (2019-2024)
7.13.4 SEIDO CHEMICAL Main Business and Markets Served
7.13.5 SEIDO CHEMICAL Recent Developments/Updates
7.14 CNGR Advanced Material
7.14.1 CNGR Advanced Material Ni Sulfate Company Information
7.14.2 CNGR Advanced Material Ni Sulfate Product Portfolio
7.14.3 CNGR Advanced Material Ni Sulfate Production, Value, Price and Gross Margin (2019-2024)
7.14.4 CNGR Advanced Material Main Business and Markets Served
7.14.5 CNGR Advanced Material Recent Developments/Updates
7.15 Zhejiang Huayou Cobalt
7.15.1 Zhejiang Huayou Cobalt Ni Sulfate Company Information
7.15.2 Zhejiang Huayou Cobalt Ni Sulfate Product Portfolio
7.15.3 Zhejiang Huayou Cobalt Ni Sulfate Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Zhejiang Huayou Cobalt Main Business and Markets Served
7.15.5 Zhejiang Huayou Cobalt Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Ni Sulfate Industry Chain Analysis
8.2 Ni Sulfate Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Ni Sulfate Production Mode & Process
8.4 Ni Sulfate Sales and Marketing
8.4.1 Ni Sulfate Sales Channels
8.4.2 Ni Sulfate Distributors
8.5 Ni Sulfate Customers
9 Ni Sulfate Market Dynamics
9.1 Ni Sulfate Industry Trends
9.2 Ni Sulfate Market Drivers
9.3 Ni Sulfate Market Challenges
9.4 Ni Sulfate Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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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.
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Published: 2024-11-02
Pages: 131
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.
Published: 2024-11-02
Pages: 125
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.
Published: 2024-11-02
Pages: 159
REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
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CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
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TABLE OF FIGURES
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