Market Overview:
The global foam nickel market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for Ni-MH and Ni-CD batteries, and rising demand for nickel foam in other applications. The global foam nickel market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into continuous band-shaped nickel foam, high-intensity and ultra-intense binding force nickel foam, and other types of nickel foams. The continuous band-shaped Nickel Foam segment is expected to account for a major share of the global Foam Nickel Market during the forecast period owing to its properties such as high strength, low weight ratio, good thermal conductivity etc. On the basis of application,the market is divided into ni-mh batteries,, ni cd batteries,,and other applications segments .Ni cd battery accounted for majority share in 2017 due to its widespread use in electronic devices such as digital cameras ,portable music players etc .However ,with increasein awareness about environment friendly products among consumers ,ni mh batteryis projectedto witness highestgrowth rateduring forecast period .
Product Definition:
A foam nickel is a coin that has been cut out of a piece of foam rubber. It is used for practicing coin tricks or for teaching children about money.
Continuous Band-shaped Nickel Foam:
Continuous band-shaped nickel foam is a type of nickel foam with a uniform density throughout. It has been developed as an alternative to the conventional block and pipe shaped foams, which are produced using thermoplastic materials such as polystyrene and expanded polystyrene. The continuous band-shaped nickel foam offers several benefits over its counterparts such as high strength, lightweight, low density & volume ratio along with excellent electrical & thermal conductivity over long distances.
High-intensity and Ultra-intense Binding Force Nickel Foam:
High-intensity and ultra-intense binding force nickel foam and it's usage in foam nickel market is a new technology that has been developed over the last decade. It was first used commercially in the manufacturing of sports equipment such as baseball bats, softballs, golf clubs, tennis rackets etc.
Application Insights:
The other application segment includes packaging, transportation and construction. The nickel foam is used in the manufacturing of batteries for various applications such as electric vehicles, consumer electronics and power tools. Nickel-metal hydride (NiMH) batteries are widely used in electronic products such as smartphones, tablets and laptops across all the segments owing to their high energy density compared to conventional lithium-ion batteries.
The nickel foam battery is also used for non-electrical purposes including space heating or cooling systems in buildings or automobiles among others. In recent years, there has been a rise in demand from countries such as India, China Japan South Korea owing to an increase in automotive production especially by domestic manufacturers like Hyundai Motor India Pvt Ltd., MG Motor India Pvt Ltd., Toyota Kirloskar Motors Pvt Ltd., Mahindra & Mahindra Lifted Vehicles Pvt Ltd., etc.
Regional Analysis:
Asia Pacific dominated the global foam nickel market in terms of revenue with a share of over 60% in 2017. This is attributed to growing demand for NI-CD batteries mainly for their use in automobiles and mobile phones. The Asia Pacific was followed by North America, which accounted for a share of over 25% owing to high consumer electronics penetration coupled with increasing electric vehicle manufacturing globally. Europe is also expected to witness significant growth due to rising R&D activities and investments related thereto within the region as well as across the globe.
The European Commission announced its intention to invest around USD X billion by 2020 on energy storage technologies such as batteries, supercapacitors, fuel cells etc., which are expected to have a positive impact on industry growth across Europe during the forecast period from 2018 To 2030 (Ref: Energy Storage Europe). Moreover, technological advancements such as improved battery performance through nanotechnology are anticipated favorably impact industry growth during this period (Ref: Nanowerk).
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive, and furniture owing to its properties such as insulation, sound absorption, and vibration damping.
- Rising popularity of polyurethane foam over other materials in the manufacturing of mattresses, pillows, upholstery, and other furniture owing to its superior comfort and durability properties.
- Growing demand for lightweight vehicles due to stringent fuel economy norms by regulatory authorities is expected to boost the market for foam nickel in the coming years.
- Increasing investments by key players in R&D activities for developing new applications of foam nickel is likely to propel the growth of this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Foam Nickel Market Research Report
By Type
Continuous Band-shaped Nickel Foam, High-intensity and Ultra-intense Binding Force Nickel Foam, Other
By Application
Ni-Mh Batteries, NI-CD Batteries, Other
By Companies
Sumitomo Electric, Corun(lyrun), Vale(Inco), HGP, Anpingxian Huirui, Heze Tianyu
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Foam Nickel Market Report Segments:
The global Foam Nickel market is segmented on the basis of:
Types
Continuous Band-shaped Nickel Foam, High-intensity and Ultra-intense Binding Force Nickel Foam, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Ni-Mh Batteries, NI-CD Batteries, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sumitomo Electric
- Corun(lyrun)
- Vale(Inco)
- HGP
- Anpingxian Huirui
- Heze Tianyu
Highlights of The Foam Nickel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Continuous Band-shaped Nickel Foam
- High-intensity and Ultra-intense Binding Force Nickel Foam
- Other
- By Application:
- Ni-Mh Batteries
- NI-CD Batteries
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Foam Nickel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Foam nickel is a type of metal foam that is used in manufacturing. It is made from a mixture of metals, including copper and nickel, and has the ability to be shaped into various objects. Foam nickel can be used for products such as insulation, air conditioning units, and even musical instruments.
Some of the major companies in the foam nickel market are Sumitomo Electric, Corun(lyrun), Vale(Inco), HGP, Anpingxian Huirui, Heze Tianyu.
The foam nickel market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Foam Nickel Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Foam Nickel Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Foam Nickel Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Foam Nickel Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Foam Nickel Market Size & Forecast, 2020-2028 4.5.1 Foam Nickel Market Size and Y-o-Y Growth 4.5.2 Foam Nickel Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Continuous Band-shaped Nickel Foam
5.2.2 High-intensity and Ultra-intense Binding Force Nickel Foam
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Ni-Mh Batteries
6.2.2 NI-CD Batteries
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Foam Nickel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Foam Nickel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Continuous Band-shaped Nickel Foam
9.6.2 High-intensity and Ultra-intense Binding Force Nickel Foam
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Ni-Mh Batteries
9.10.2 NI-CD Batteries
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Continuous Band-shaped Nickel Foam
10.6.2 High-intensity and Ultra-intense Binding Force Nickel Foam
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Ni-Mh Batteries
10.10.2 NI-CD Batteries
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Continuous Band-shaped Nickel Foam
11.6.2 High-intensity and Ultra-intense Binding Force Nickel Foam
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Ni-Mh Batteries
11.10.2 NI-CD Batteries
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Continuous Band-shaped Nickel Foam
12.6.2 High-intensity and Ultra-intense Binding Force Nickel Foam
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Ni-Mh Batteries
12.10.2 NI-CD Batteries
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Continuous Band-shaped Nickel Foam
13.6.2 High-intensity and Ultra-intense Binding Force Nickel Foam
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Ni-Mh Batteries
13.10.2 NI-CD Batteries
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Foam Nickel Market: Competitive Dashboard
14.2 Global Foam Nickel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sumitomo Electric
14.3.2 Corun(lyrun)
14.3.3 Vale(Inco)
14.3.4 HGP
14.3.5 Anpingxian Huirui
14.3.6 Heze Tianyu