Scope of the Study
Nickel sulfate is the inorganic compound. It has the color of blue green and common source of ion for electroplating. It is used for making nickel compounds in printing and dying textile. Nickel sulfate is found in inexpensive costumes, jewelry, watches, watch bands, eyeglasses, buttons, needles, zippers, lighters, batteries and orthopedic devices. There are seven types of Ni (ll) salts which are used for various applications. Moreover, the plating grade nickel sulfate is used in electroplating application technique in that a thin layer or coating of nickel is deposited over the metal surface.
The market study is being classified, by Application (Electroplating, Chemicals Industry, Battery and Others) and major geographies with country level break-up.
Umicore (Belgium), Norilsk Nickel (Russia), Sumitomo Metal Mining Co., Ltd. (Japan), Green Eco-Manufacturer (China), Huaze Cobalt & Nickel (China), Jilin Jien Nickel Industry (China), Univertical (China), Nicomet (India), Zenith (Taiwan) and Coremax (Taiwan) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Seido Chemical Industry Co., Ltd. (Japan) and Jinco Nonferrous (China).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that China Vendors will contribute to the maximum growth of Global Nickel Sulfate market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Nickel Sulfate market by Type, Application and Region.
On the basis of geography, the market of Nickel Sulfate has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Applications of Nickel Sulfate across Industries is Fueling the Market
- Increasing Usage of Nickel Sulfate in Electroplating and Battery Applications
- Shift in Oil and Gas Sources to Electric Sources is Boosting the Market
- Health Issues Caused by Nickel Sulfate when Handles Without Precautionary Measures
- Increasing Funding Activities for Development of Products with Enhanced Properties
- Increase in Disposable Income
- Stiff Competition among the Major Players
Key Target AudienceManufacturers, Raw material suppliers, Government associations, Research organizations and Others
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase