Nickel Sulfate Market (Updated Version Available)

The report offers detailed coverage of Nickel Sulfate industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Nickel Sulfate by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
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 report forecast global Nickel Sulfate market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Nickel Sulfate market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
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


At the same time, we classify Nickel Sulfate according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
EN Grade
Plating Grade
High-Purity Grade
Market by Application
Electroplating
Chemical Industry
Battery

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Nickel Sulfate market for the forecast period 2021 - 2025?
• What are the driving forces in the Nickel Sulfate market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Nickel Sulfate industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?