Market Analysis
The global Nickel Hydroxide Market is predicted to take a swift uptake during the assessment period (2021-2028). It is an inorganic compound which is also known as Nickel (II) hydroxide or Ni (OH)2. Nickel hydroxide is a crystalline solid that is odorless and apple green in color generally available in the form of a powder. It readily dissolves in ammonium hydroxide and acids but is insoluble in water. This compound contains carcinogenic properties, thus is associated with growing risk of developing nasal and lung cancer. Exposure to nickel hydroxide can lead to severe skin problems, asthma-like allergies and dermatitis, and affects the neurological system, gastrointestinal tract, kidneys and lungs. During decomposition this compound emits toxic fumes of metallic nickel.
Consumer electronics and portable devices increasing demand for rechargeable batteries is driving the growth of the global nickel hydroxide market. Along with nickel-cadmium batteries this compound is used as a catalyst too in various chemical reactions. This is another driving force that is pushing the growth of the global nickel hydroxide market. The superior performance, utmost reliability and long battery life is expected to fuel the growth of the market. The additional factors that are substantiating the growth of the global nickel hydroxide market include increase in the demand for electronic devices that are battery-operated, increase in consumers’ purchasing power, improving economic conditions, industrialization and urbanization and ever-increasing population across the world.
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Key Players
Leading players profiled in the global nickel hydroxide market include Changsha Xinye Industrial Co. Ltd, Jiangmen chancsun Umicore Industry Co., Ltd, ZincFive Inc., Tanaka Chemical Corporation, SUMITOMO METAL MINING CO. LTD, Triveni Chemicals, Umicore, Kelong, Tinchem Enterprise, American elements, Jilin Jien Nickel Industry Co., Ltd., Nippy Chemicals, Alt Cobalt and Nickel Products (dalian) Co. Ltd, Norilsk Nickel and Sigma Aldrich, Inc.
Market Segmentation
In Market Research Future (MRFR) report, the global nickel hydroxide market has been segmented on the basis of application and end-user.
Based on application, it is segmented into catalyst and batteries.
Based on end-user, the nickel hydroxide market is segmented into chemical industry, electronics industry and automotive industry.
Regional Analysis
Based on region, the global nickel hydroxide market covers growth opportunities and latest trends across five regions- Asia Pacific, North America, Europe, Latin America and the Middle East & Africa. Of these, Asia Pacific leads the nickel hydroxide market owing to the increasing demand and use of nickel hydroxide in manufacturing batteries. The growing demand for such batteries in several consumer products, hybrid electric vehicles and portable devices have propelled this region to experience a healthy growth during the assessment period. South Korea and Japan having strong electronics industry base is driving the demand for nickel hydroxide market. India and China are anticipated to boost the demand for nickel batteries owing to its use in the hybrid electric vehicles. Moreover, China has the biggest car market and is coming up with strategies to ban the production and sale of emission fuel cars to reduce pollution and switch over to an electric car. Not only this, the electronics industry in India and China is also growing at a quick pace for supplementing their developing economy. The leading electronic manufactures are shifting their production plants in this region due to open market strategy, simple investment norms, expediate the method and other incentivizing strategies adopted by such countries. Moreover, disposable income of the inhabitants of this region, increasing purchasing power and growing urbanization are fueling the growth of nickel hydroxide market in this region.
Europe is predicted to show exceptional demand for nickel hydroxide due to its use in the electric hybrid vehicles. The European countries such as Netherland, Sweden, Germany, Britain and France have joined the ambitious plan under the Paris climate accord with an aim to end sales of diesel and petrol cars by 2040. The application of nickel hydroxide in consumer electronics along with other portable devices is also likely to increase the demand of nickel hydroxide market. Norway government’s transportation plan highlights a clear target that every new passenger car and van that will be sold in 2025 must be zero-emission cars.
Oct 2018 - CEO of SpaceX, Neurolink and Tesla, Elon Musk with an aim to expand his business has demanded batteries having longer life which worked wonders for Tanaka Chemical, the leader in the nickel hydroxide market. A partnership between them is on the cards.
October 2018 - Leading player in exploration of mineral properties and mining, Pure Minerals Limited announced the acquisition of Queensland Pacific Metals Pty Ltd, a fellow battery metal player which is poised to establish 600,000 tonnes per annum battery metals processing plants.
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The Report published on UpMarketResearch.com about “NICKEL HYDROXID EMarket” is spread across 123 pages and provides newest industry data, market future trends, allowing you to identify the products and end users driving Revenue growth and profitability.
NICKEL HYDROXIDE Industry research report provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.Get FREE Exclusive PDF Sample Copy Of This Report @https://www.upmarketresearch.com/home/requested_sample/2034The report begins with the overview of the NICKEL HYDROXIDE market and updates the users about the latest developments and future expectations.
It presents a comparative detailed analysis of all the regional and major player segments, offering readers a better knowledge of areas in which they can place their existing resources and gauging the priority of a particular region in order to boost their standing in the global market.Gain Full Access of NICKEL HYDROXIDE Market Report along with complete TOC @https://www.upmarketresearch.com/reports/Global-Nickel-Hydroxide-Industry-Market-Analysis-Forecast-2018-2023 In this report, there is a healthy amount of coverage of the market economies such as the demand and supply, cost and profit of the NICKEL HYDROXIDE Market.
This holds key importance for users and hence this information is well supported with due statistics that are represented in easy to consume graphs, charts, and tables.The report compiles exhaustive information obtained via proven research methodologies and from trusted sources within the industries.
The report segments the Global NICKEL HYDROXIDE market as:Regional Segment Analysis (Regional Consumption Volume, Consumption Volume, Revenue and Growth Rate 2013-2023):North AmericaEuropeChinaJapanSoutheast AsiaIndiaKey Reasons to Purchase:To gain insightful analyses of the market and have a comprehensive understanding of the NICKEL HYDROXIDE and its commercial landscape.Assess the NICKEL HYDROXIDE production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the NICKEL HYDROXIDE market and its impact on the global market.
The Global Nickel Hydroxide Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on product types and application.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Nickel Hydroxide Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/16477-nickel-hydroxide-market-reportThe report also covers the complete competitive landscape of the global Nickel Hydroxide market with company profiles of key players such as:Anhui Aland New Energy Materials Co., Ltd.Henan Kelong New Energy Co., Ltd.Jiangmen chancsun Umicore Industry Co., Ltd.Jiangmen Fangyuan Metal Materials Technology Co., Ltd.Jilin Jien Nickel Industry Co., Ltd.Jinchuan Group Ltd.Kansai Catalyst Co.,Ltd.Kingray New Materials Science & Technology Co ., Ltd.Norilsk Nickel Harjavalta OySumitomo Metal Mining Co., Ltd.Tanaka Chemical CorporationA detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Product Types:Pure Nickel HydroxideContain Cobalt Nickel HydroxideContain Zinc Nickel HydroxideContain Cadmium Nickel HydroxideBy Application:Electronics IndustryChemical IndustryOthersBy Geography:North America (NA)Europe (EU)Asia Pacific (APAC)Latin America (LA)Middle East & Africa (MEA)Download Free Sample Report of Global Nickel Hydroxide Market @ https://www.decisiondatabases.com/contact/download-sample-16477The Global Nickel Hydroxide Market has been exhibited in detail in the following chapters –Chapter 1 Nickel Hydroxide Market PrefaceChapter 2 Executive SummaryChapter 3 Nickel Hydroxide Industry AnalysisChapter 4 Nickel Hydroxide Market Value Chain AnalysisChapter 5 Nickel Hydroxide Market Analysis By Product TypesChapter 6 Nickel Hydroxide Market Analysis By TypeChapter 7 Nickel Hydroxide Market Analysis By ApplicationsChapter 8 Nickel Hydroxide Market Analysis By GeographyChapter 9 Competitive Landscape Of Nickel Hydroxide CompaniesChapter 10 Company Profiles Of Nickel Hydroxide IndustryPurchase the complete Global Nickel Hydroxide Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-16477Other Reports by DecisionDatabases.com:Global Magnesium Hydroxide Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Lithium Hydroxide Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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