Global Nickel Sulfate Market Growth 2019-2024
Table of Contents
2019-2024 Global Nickel Sulfate Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Nickel Sulfate Consumption 2014-2024
- 2.1.2 Nickel Sulfate Consumption CAGR by Region
- 2.2 Nickel Sulfate Segment by Type
- 2.2.1 EN Grade
- 2.2.2 Plating Grade
- 2.2.3 High-Purity Grade
- 2.3 Nickel Sulfate Consumption by Type
- 2.3.1 Global Nickel Sulfate Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Nickel Sulfate Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Nickel Sulfate Sale Price by Type (2014-2019)
- 2.4 Nickel Sulfate Segment by Application
- 2.4.1 Electroplating
- 2.4.2 Chemical Industry
- 2.4.3 Battery
- 2.5 Nickel Sulfate Consumption by Application
- 2.5.1 Global Nickel Sulfate Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Nickel Sulfate Value and Market Share by Application (2014-2019)
- 2.5.3 Global Nickel Sulfate Sale Price by Application (2014-2019)
3 Global Nickel Sulfate by Players
- 3.1 Global Nickel Sulfate Sales Market Share by Players
- 3.1.1 Global Nickel Sulfate Sales by Players (2017-2019)
- 3.1.2 Global Nickel Sulfate Sales Market Share by Players (2017-2019)
- 3.2 Global Nickel Sulfate Revenue Market Share by Players
- 3.2.1 Global Nickel Sulfate Revenue by Players (2017-2019)
- 3.2.2 Global Nickel Sulfate Revenue Market Share by Players (2017-2019)
- 3.3 Global Nickel Sulfate Sale Price by Players
- 3.4 Global Nickel Sulfate Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Nickel Sulfate Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Nickel Sulfate Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Nickel Sulfate by Regions
- 4.1 Nickel Sulfate by Regions
- 4.1.1 Global Nickel Sulfate Consumption by Regions
- 4.1.2 Global Nickel Sulfate Value by Regions
- 4.2 Americas Nickel Sulfate Consumption Growth
- 4.3 APAC Nickel Sulfate Consumption Growth
- 4.4 Europe Nickel Sulfate Consumption Growth
- 4.5 Middle East & Africa Nickel Sulfate Consumption Growth
5 Americas
- 5.1 Americas Nickel Sulfate Consumption by Countries
- 5.1.1 Americas Nickel Sulfate Consumption by Countries (2014-2019)
- 5.1.2 Americas Nickel Sulfate Value by Countries (2014-2019)
- 5.2 Americas Nickel Sulfate Consumption by Type
- 5.3 Americas Nickel Sulfate Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Nickel Sulfate Consumption by Countries
- 6.1.1 APAC Nickel Sulfate Consumption by Countries (2014-2019)
- 6.1.2 APAC Nickel Sulfate Value by Countries (2014-2019)
- 6.2 APAC Nickel Sulfate Consumption by Type
- 6.3 APAC Nickel Sulfate Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Nickel Sulfate by Countries
- 7.1.1 Europe Nickel Sulfate Consumption by Countries (2014-2019)
- 7.1.2 Europe Nickel Sulfate Value by Countries (2014-2019)
- 7.2 Europe Nickel Sulfate Consumption by Type
- 7.3 Europe Nickel Sulfate Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Nickel Sulfate by Countries
- 8.1.1 Middle East & Africa Nickel Sulfate Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Nickel Sulfate Value by Countries (2014-2019)
- 8.2 Middle East & Africa Nickel Sulfate Consumption by Type
- 8.3 Middle East & Africa Nickel Sulfate Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Nickel Sulfate Distributors
- 10.3 Nickel Sulfate Customer
11 Global Nickel Sulfate Market Forecast
- 11.1 Global Nickel Sulfate Consumption Forecast (2019-2024)
- 11.2 Global Nickel Sulfate Forecast by Regions
- 11.2.1 Global Nickel Sulfate Forecast by Regions (2019-2024)
- 11.2.2 Global Nickel Sulfate Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Nickel Sulfate Forecast by Type
- 11.8 Global Nickel Sulfate Forecast by Application
12 Key Players Analysis
- 12.1 Norilsk Nickel
- 12.1.1 Company Details
- 12.1.2 Nickel Sulfate Product Offered
- 12.1.3 Norilsk Nickel Nickel Sulfate Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Norilsk Nickel News
- 12.2 Umicore
- 12.2.1 Company Details
- 12.2.2 Nickel Sulfate Product Offered
- 12.2.3 Umicore Nickel Sulfate Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Umicore News
- 12.3 Sumitomo Metal Mining Co., Ltd. (SMM)
- 12.3.1 Company Details
- 12.3.2 Nickel Sulfate Product Offered
- 12.3.3 Sumitomo Metal Mining Co., Ltd. (SMM) Nickel Sulfate Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Sumitomo Metal Mining Co., Ltd. (SMM) News
- 12.4 Mechema
- 12.4.1 Company Details
- 12.4.2 Nickel Sulfate Product Offered
- 12.4.3 Mechema Nickel Sulfate Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Mechema News
- 12.5 Outotec
- 12.5.1 Company Details
- 12.5.2 Nickel Sulfate Product Offered
- 12.5.3 Outotec Nickel Sulfate Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 Outotec News
- 12.6 Nicomet
- 12.6.1 Company Details
- 12.6.2 Nickel Sulfate Product Offered
- 12.6.3 Nicomet Nickel Sulfate Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 Nicomet News
- 12.7 Coremax
- 12.7.1 Company Details
- 12.7.2 Nickel Sulfate Product Offered
- 12.7.3 Coremax Nickel Sulfate Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Coremax News
- 12.8 Zenith
- 12.8.1 Company Details
- 12.8.2 Nickel Sulfate Product Offered
- 12.8.3 Zenith Nickel Sulfate Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Zenith News
- 12.9 SEIDO CHEMICAL INDUSTRY CO., LTD.
- 12.9.1 Company Details
- 12.9.2 Nickel Sulfate Product Offered
- 12.9.3 SEIDO CHEMICAL INDUSTRY CO., LTD. Nickel Sulfate Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 SEIDO CHEMICAL INDUSTRY CO., LTD. News
- 12.10 Jilin Jien Nickel Industry
- 12.10.1 Company Details
- 12.10.2 Nickel Sulfate Product Offered
- 12.10.3 Jilin Jien Nickel Industry Nickel Sulfate Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 Jilin Jien Nickel Industry News
- 12.11 Jinchuan
- 12.12 Green Eco-Manufacturer
- 12.13 Jinco Nonferrous
- 12.14 Huaze Cobalt & Nickel
- 12.15 Guangxi Yinyi
13 Research Findings and Conclusion
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.
According to this study, over the next five years the Nickel Sulfate market will register a 3.3% CAGR in terms of revenue, the global market size will reach US$ 2260 million by 2024, from US$ 1850 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Nickel Sulfate business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Nickel Sulfate market by product type, application, key manufacturers and key regions and countries.
This study considers the Nickel Sulfate value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
EN Grade
Plating Grade
High-Purity Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Electroplating
Chemical Industry
Battery
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Nickel Sulfate consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Nickel Sulfate market by identifying its various subsegments.
Focuses on the key global Nickel Sulfate manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Nickel Sulfate with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Nickel Sulfate submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.