Industry: Chemical & Material
Published Date: 2024-11-02
Pages: 125 Pages
Report ld: 3367732
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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 market for Ni Sulfate was estimated to be worth US$ 9242 million in 2023 and is forecast to a readjusted size of US$ 19340 million by 2030 with 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.
This report aims to provide a comprehensive presentation of the global market for Ni Sulfate, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Ni Sulfate by region & country, by Type, and by Application.
The Ni Sulfate market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Ni Sulfate manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Ni Sulfate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Ni Sulfate in country level. It provides sigmate data by Type, and by Application for each country/region.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
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TABLE OF CONTENTS
1 Market Overview
1.1 Ni Sulfate Product Introduction
1.2 Global Ni Sulfate Market Size Forecast
1.2.1 Global Ni Sulfate Sales Value (2019-2030)
1.2.2 Global Ni Sulfate Sales Volume (2019-2030)
1.2.3 Global Ni Sulfate Sales Price (2019-2030)
1.3 Ni Sulfate Market Trends & Drivers
1.3.1 Ni Sulfate Industry Trends
1.3.2 Ni Sulfate Market Drivers & Opportunity
1.3.3 Ni Sulfate Market Challenges
1.3.4 Ni Sulfate Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Ni Sulfate Players Revenue Ranking (2023)
2.2 Global Ni Sulfate Revenue by Company (2019-2024)
2.3 Global Ni Sulfate Players Sales Volume Ranking (2023)
2.4 Global Ni Sulfate Sales Volume by Company Players (2019-2024)
2.5 Global Ni Sulfate Average Price by Company (2019-2024)
2.6 Key Manufacturers Ni Sulfate Manufacturing Base and Headquarters
2.7 Key Manufacturers Ni Sulfate Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Ni Sulfate
2.9 Ni Sulfate Market Competitive Analysis
2.9.1 Ni Sulfate Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Ni Sulfate Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Ni Sulfate as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 EN Grade
3.1.2 Plating Grade
3.1.3 High-purity Grade
3.2 Global Ni Sulfate Sales Value by Type
3.2.1 Global Ni Sulfate Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Ni Sulfate Sales Value, by Type (2019-2030)
3.2.3 Global Ni Sulfate Sales Value, by Type (%) (2019-2030)
3.3 Global Ni Sulfate Sales Volume by Type
3.3.1 Global Ni Sulfate Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Ni Sulfate Sales Volume, by Type (2019-2030)
3.3.3 Global Ni Sulfate Sales Volume, by Type (%) (2019-2030)
3.4 Global Ni Sulfate Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Electroplating
4.1.2 Chemical industry
4.1.3 Battery
4.2 Global Ni Sulfate Sales Value by Application
4.2.1 Global Ni Sulfate Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Ni Sulfate Sales Value, by Application (2019-2030)
4.2.3 Global Ni Sulfate Sales Value, by Application (%) (2019-2030)
4.3 Global Ni Sulfate Sales Volume by Application
4.3.1 Global Ni Sulfate Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Ni Sulfate Sales Volume, by Application (2019-2030)
4.3.3 Global Ni Sulfate Sales Volume, by Application (%) (2019-2030)
4.4 Global Ni Sulfate Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Ni Sulfate Sales Value by Region
5.1.1 Global Ni Sulfate Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Ni Sulfate Sales Value by Region (2019-2024)
5.1.3 Global Ni Sulfate Sales Value by Region (2025-2030)
5.1.4 Global Ni Sulfate Sales Value by Region (%), (2019-2030)
5.2 Global Ni Sulfate Sales Volume by Region
5.2.1 Global Ni Sulfate Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Ni Sulfate Sales Volume by Region (2019-2024)
5.2.3 Global Ni Sulfate Sales Volume by Region (2025-2030)
5.2.4 Global Ni Sulfate Sales Volume by Region (%), (2019-2030)
5.3 Global Ni Sulfate Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Ni Sulfate Sales Value, 2019-2030
5.4.2 North America Ni Sulfate Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Ni Sulfate Sales Value, 2019-2030
5.5.2 Europe Ni Sulfate Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Ni Sulfate Sales Value, 2019-2030
5.6.2 Asia Pacific Ni Sulfate Sales Value by Region (%), 2023 VS 2030
5.7 South America
5.7.1 South America Ni Sulfate Sales Value, 2019-2030
5.7.2 South America Ni Sulfate Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Ni Sulfate Sales Value, 2019-2030
5.8.2 Middle East & Africa Ni Sulfate Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Ni Sulfate Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Ni Sulfate Sales Value
6.2.1 Key Countries/Regions Ni Sulfate Sales Value, 2019-2030
6.2.2 Key Countries/Regions Ni Sulfate Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Ni Sulfate Sales Value, 2019-2030
6.3.2 United States Ni Sulfate Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Ni Sulfate Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Ni Sulfate Sales Value, 2019-2030
6.4.2 Europe Ni Sulfate Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Ni Sulfate Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Ni Sulfate Sales Value, 2019-2030
6.5.2 China Ni Sulfate Sales Value by Type (%), 2023 VS 2030
6.5.3 China Ni Sulfate Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Ni Sulfate Sales Value, 2019-2030
6.6.2 Japan Ni Sulfate Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Ni Sulfate Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Ni Sulfate Sales Value, 2019-2030
6.7.2 South Korea Ni Sulfate Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Ni Sulfate Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Ni Sulfate Sales Value, 2019-2030
6.8.2 Southeast Asia Ni Sulfate Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Ni Sulfate Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Ni Sulfate Sales Value, 2019-2030
6.9.2 India Ni Sulfate Sales Value by Type (%), 2023 VS 2030
6.9.3 India Ni Sulfate Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Jinchuan
7.1.1 Jinchuan Company Information
7.1.2 Jinchuan Introduction and Business Overview
7.1.3 Jinchuan Ni Sulfate Sales, Revenue, Price and Gross Margin (2019-2024)
7.1.4 Jinchuan Ni Sulfate Product Offerings
7.1.5 Jinchuan Recent Development
7.2 GEM
7.2.1 GEM Company Information
7.2.2 GEM Introduction and Business Overview
7.2.3 GEM Ni Sulfate Sales, Revenue, Price and Gross Margin (2019-2024)
7.2.4 GEM Ni Sulfate Product Offerings
7.2.5 GEM Recent Development
7.3 Sumitomo Metal Mining(SMM)
7.3.1 Sumitomo Metal Mining(SMM) Company Information
7.3.2 Sumitomo Metal Mining(SMM) Introduction and Business Overview
7.3.3 Sumitomo Metal Mining(SMM) Ni Sulfate Sales, Revenue, Price and Gross Margin (2019-2024)
7.3.4 Sumitomo Metal Mining(SMM) Ni Sulfate Product Offerings
7.3.5 Sumitomo Metal Mining(SMM) Recent Development
7.4 Guangxi Yinyi
7.4.1 Guangxi Yinyi Company Information
7.4.2 Guangxi Yinyi Introduction and Business Overview
7.4.3 Guangxi Yinyi Ni Sulfate Sales, Revenue, Price and Gross Margin (2019-2024)
7.4.4 Guangxi Yinyi Ni Sulfate Product Offerings
7.4.5 Guangxi Yinyi Recent Development
7.5 Norilsk Nickel
7.5.1 Norilsk Nickel Company Information
7.5.2 Norilsk Nickel Introduction and Business Overview
7.5.3 Norilsk Nickel Ni Sulfate Sales, Revenue, Price and Gross Margin (2019-2024)
7.5.4 Norilsk Nickel Ni Sulfate Product Offerings
7.5.5 Norilsk Nickel Recent Development
7.6 Jilin Jien
7.6.1 Jilin Jien Company Information
7.6.2 Jilin Jien Introduction and Business Overview
7.6.3 Jilin Jien Ni Sulfate Sales, Revenue, Price and Gross Margin (2019-2024)
7.6.4 Jilin Jien Ni Sulfate Product Offerings
7.6.5 Jilin Jien Recent Development
7.7 KEMCO
7.7.1 KEMCO Company Information
7.7.2 KEMCO Introduction and Business Overview
7.7.3 KEMCO Ni Sulfate Sales, Revenue, Price and Gross Margin (2019-2024)
7.7.4 KEMCO Ni Sulfate Product Offerings
7.7.5 KEMCO Recent Development
7.8 Umicore
7.8.1 Umicore Company Information
7.8.2 Umicore Introduction and Business Overview
7.8.3 Umicore Ni Sulfate Sales, Revenue, Price and Gross Margin (2019-2024)
7.8.4 Umicore Ni Sulfate Product Offerings
7.8.5 Umicore Recent Development
7.9 Coremax
7.9.1 Coremax Company Information
7.9.2 Coremax Introduction and Business Overview
7.9.3 Coremax Ni Sulfate Sales, Revenue, Price and Gross Margin (2019-2024)
7.9.4 Coremax Ni Sulfate Product Offerings
7.9.5 Coremax Recent Development
7.10 Jinco Nonferrous
7.10.1 Jinco Nonferrous Company Information
7.10.2 Jinco Nonferrous Introduction and Business Overview
7.10.3 Jinco Nonferrous Ni Sulfate Sales, Revenue, Price and Gross Margin (2019-2024)
7.10.4 Jinco Nonferrous Ni Sulfate Product Offerings
7.10.5 Jinco Nonferrous Recent Development
7.11 Zenith
7.11.1 Zenith Company Information
7.11.2 Zenith Introduction and Business Overview
7.11.3 Zenith Ni Sulfate Sales, Revenue, Price and Gross Margin (2019-2024)
7.11.4 Zenith Ni Sulfate Product Offerings
7.11.5 Zenith Recent Development
7.12 Mechema
7.12.1 Mechema Company Information
7.12.2 Mechema Introduction and Business Overview
7.12.3 Mechema Ni Sulfate Sales, Revenue, Price and Gross Margin (2019-2024)
7.12.4 Mechema Ni Sulfate Product Offerings
7.12.5 Mechema Recent Development
7.13 SEIDO CHEMICAL
7.13.1 SEIDO CHEMICAL Company Information
7.13.2 SEIDO CHEMICAL Introduction and Business Overview
7.13.3 SEIDO CHEMICAL Ni Sulfate Sales, Revenue, Price and Gross Margin (2019-2024)
7.13.4 SEIDO CHEMICAL Ni Sulfate Product Offerings
7.13.5 SEIDO CHEMICAL Recent Development
7.14 CNGR Advanced Material
7.14.1 CNGR Advanced Material Company Information
7.14.2 CNGR Advanced Material Introduction and Business Overview
7.14.3 CNGR Advanced Material Ni Sulfate Sales, Revenue, Price and Gross Margin (2019-2024)
7.14.4 CNGR Advanced Material Ni Sulfate Product Offerings
7.14.5 CNGR Advanced Material Recent Development
7.15 Zhejiang Huayou Cobalt
7.15.1 Zhejiang Huayou Cobalt Company Information
7.15.2 Zhejiang Huayou Cobalt Introduction and Business Overview
7.15.3 Zhejiang Huayou Cobalt Ni Sulfate Sales, Revenue, Price and Gross Margin (2019-2024)
7.15.4 Zhejiang Huayou Cobalt Ni Sulfate Product Offerings
7.15.5 Zhejiang Huayou Cobalt Recent Development
8 Industry Chain Analysis
8.1 Ni Sulfate Industrial Chain
8.2 Ni Sulfate Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Ni Sulfate Sales Model
8.5.2 Sales Channel
8.5.3 Ni Sulfate Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 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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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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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: 159
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: 102
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