Global Nickel Sulphate Market, By Grade (Plating Grade, EN Grade, High-Purity Grade), By Form (Anhyd

Published Date: | Report Code : CH1914007

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The  Nickel Sulphate Market is expected to promise high growth owing to the increasing demand for the automobile and chemical industries in recent years. Increasing demand from End-Use Industries including agriculture, automotive, consumer electronics, and others is expected to drive the growth of the market. 

Nickel sulphate is an inorganic chemical compound that is crystalline in form and blue in appearance. It is obtained as an ester and is usually available in anhydrous or hexahydrate form. It possesses soluble property in aqueous solution and does not fade when exposed to air, which makes it suitable for the electroplating application. It is used in major industries such as automotive, agriculture, electronics, etc.

Segment Insights

The growth in demand for nickel sulphate in the automobile industry and shift from oil & gas source to the electric source are factors driving the global nickel sulphate market. The progress of the chemical industry is also anticipated to contribute to the growth of the market. Increasing R&D activities of major industries and rise in the use of nickel sulphate across different industries are also expected to drive market growth during the forecast period.

Key Factors Impacting Market Growth:

  • Growth in demand from the automobile and chemical industries
  • Shift from oil & gas source to an electric source
  • Increasing R&D activities 

Regional Analysis

On the basis of the region, the Nickel sulphate market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe are some of the major markets that are also traditional suppliers of chemicals such as speciality chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe.  This region has been witnessing a number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions. Moreover, regulatory authorities have imposed strict guidelines with regard to environmental concerns and potential health hazards due to exposures. This has been more instrumental in the Western Europe region competitively. Some of the major economies in these regions include the US, Germany, UK, France, Canada, Italy, Spain, and so on.

 The Asia Pacific and the Middle East are expected to register substantial growth in the Nickel sulphate market during the forecast period. This demand is with regard to the growth of major end-use industries such as agriculture, automotive, consumer electronics, and others. Major countries in the Asia Pacific region include China, South Korea, Japan, India, Australia, and so on. Middle East includes the UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region.  Rest the World that includes South America and Africa has a strong potential for the Nickel sulphate market. There has been an increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for the Nickel sulphate market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Companies Covered: Zenith, Nicomet, Jilin Jien Nickel Industry, Green Eco-Manufacturer, Umicore, and Coremax …

Market Segmentation:

By Grade:

  • Plating Grade
  • EN Grade
  • High-Purity Grade

By Form:

  • Anhydrous
  • Hexahydrate
  • Heptahydrate

By Application:

  • Electroplating
  • Chemical
  • Battery
  • Others

By End-Use Industry:

  • Agriculture
  • Automotive
  • Consumer Electronics
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Grade
    • By Form
    • By Application
    • By End-Use Industry
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Grade
    • By Form
    • By Application
    • By End-Use Industry
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Grade
    • By Form
    • By Application
    • By End-Use Industry
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Grade
    • By Form
    • By Application
    • By End-Use Industry
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Grade
    • By Form
    • By Application
    • By End-Use Industry
  • Rest of the world
    • By Region (South America, Africa)
    • By Grade
    • By Form
    • By Application
    • By End-Use Industry

Reasons To Buy This Report:

  • Market size estimation of the nickel sulphate market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all possible segments helping every stakeholder in the market

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