Los Angeles, CA -- (SBWire) -- 02/06/2019 --Nickel hydroxide is a green, crystalline, inorganic compound that produces toxic gases upon heating. It is generally used in rechargeable battery electrodes, by oxidation to nickel(III) oxide-hydroxide. Nickel hydroxide is denoted by Ni (OH)2 and is an insoluble chemical compound having strong redox properties. In consumption market, the growth rate of global consumption is smooth relatively. China and Europe are the mainly consumption regions due to rapid development of economy.
China captures about 53.79% of global consumption production and Europe is the second-largest region-wise market with 18.19% global production share. Nickel hydroxide can be widely used in many industries. Survey results showed that 84.12% of the nickel hydroxide market is batteries industry, 6.84 % is electronics industry, and 6.63 % is Chemical industry and 2.63% divided among other industries in 2015. With the development of economy, although these industries will need more nickel hydroxide.
But nickel hydroxide has a little market potential in the future. Current major companies will gradually reduce production in the future, changes will be happened in industry structure. The major raw material for nickel hydroxide is sodium hydroxide, nickel sulfate. On the global market, supply of raw materials is full. Fluctuations in the price of the upstream product will impact on the production cost of nickel hydroxide industry.
For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin. The global Nickel Hydroxide market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
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This report focuses on Nickel Hydroxide volume and value at global level, regional level and company level. From a global perspective, this report represents overall Nickel Hydroxide market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Norilsk
SMM Group
Tanaka-Chemical
Kansai Catalyst
Chancsun Umicore
Henan Kelong
Anhui Yaland
Jilin Jien
Jinchuan Group
Jiangmen Fangyuan
Segment by Regions
North America
Europe
China
Japan
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Segment by Type
Pure Nickel Hydroxide
Contain Cobalt Nickel Hydroxide
Contain Zinc Nickel Hydroxide
Contain Cadmium Nickel Hydroxide
Segment by Application
Batteries Industry
Electronics Industry
Chemical Industry
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Nickel Hydroxide Market Global Key Players Are Norilsk, Smm Group, Tanaka-Chemical, Kansai Catalyst, Etc. - Qyr
Nickel Hydroxide Market research study stipulates a clear overview of the current market including the past and the projected future of market size concerning volume, technological advances, and economic elements in the market industry.